Enterprise
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Warburg Pincus-backed D&J China launches US$1.45 billion industrial park fund with AVIC Trust
Warburg Pincus-backed integrated business park and suburban office operator – D&J Industrial Property Investment Ltd has launched a RMB10 billion (about US$1.45 billion) fund with AVIC Trust to invest in China’s industrial infrastructure.
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Singapore Ruvento Ventures raises US$25 million seed funding to invest in hardware startups from Singapore, China, and the United States
Ruvento is announcing a new US$25 million seed fund for hardware startups in need of capital from Singapore China and the United States.
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JP Morgan Arm to invest US$ 30 million in Assetz Property Group
JP Morgan Asset Management invests Rs 200 crore (about US$ 30 million) in Assetz Property. The capital will be used to build an 18.5 acre residential project in north Bangalore.
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Temasek Holdings to take stake in Oxford Sciences Innovation
Temasek Holdings Pte, Singapore’s state-owned investment fund, said it has become a limited partner in Oxford Science Innovation. The financial terms of the investment were undisclosed.
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Indonesian coal producer Bumi Resources to restructure debt, paring down US$ 2 billion via Preemptive Rights offering
PT Bumi Resources Tbk (BUMI) will issue new shares worth US$ 2 billion. The maneuver was carried out by Bumi Resources to repay its debt to China Investment Corporation along with eight other investors.
