Finance
-
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$1.45 billion) fund with AVIC Trust to invest in China’s industrial infrastructure.
-
Temasek Holdings to take stake in Oxford Sciences Innovation
Temasek Holdings Pte, Singapore’s state-owned investment fund, said it has become a limited partner in Oxford Science Innovation. The financial terms of the investment were undisclosed.
-
Indonesian coal producer Bumi Resources to restructure debt, paring down US$ 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.
-
Seedcom-Backed Cau Dat Farm Brings Smart Technology Into Vietnam Agricultural Production
Seedcom-backed Cau Dat Farm aims to regulate and improve agricultural quality with the help of Internet of Things (IoT).
-
DBS, Bank Of Singapore Seize Opportunities For More Acquisitions In Asian Wealth Mission
Singapore banks are scaling up with DBS Group Holdings Ltd and .Bank of Singapore, Asia’s largest home-grown private bank among those in the lead as they are considering for more acquisitions.