Singapore Dealbook: Orchid Capital raises $135m from IOC divestment; Sinarmas Land acquires London property for $402m; Cycle & Carriage raises $1b

Singapore firms have engaged in a series of transactions across multiple sectors. Orchid Capital has raised $135 million from the sale of its shares in InterOil Corporation (IOC), Sinarmas Land has increased its exposure in the London property market, while Cycle & Carriage has raised S$1 billion in funds from its rights issuance.