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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.
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Singapore’s Senjo Group invests US$1.2 million in B2B startup Tjaara that is to launch in Middle East
Senjō Group announced that it has partnered with Tjaara, investing US$1.2 million in the Singapore-based B2B marketplace that connects small to medium-sized wholesalers to a network of Mandarin-speaking manufacturers.
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Thai F&N to purchase 5.4% stake owned in Vietnamese major Vinamilk for US$500 million
F&N owned by Thailand’s richest man, Charoen Sirivadhanabhakdi is to acquire Vietnam Dairy Products JSC (Vinamilk) to expand its market share in Southeast Asia, against Coca-Cola and Pepsi.
