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Anshuman Daga

Philippines' AllHome launches $348 million IPO as activity picks up

13 Sep 2019

MANILA/SINGAPORE Philippines' AllHome Corp launched an IPO of up to 18.1 billion pesos ($348 million) on Friday, a term sheet showed, as Southeast Asian market activity gradually picks up from last year's depressed levels.

Singapore's Vertex adds $290 million venture fund for high-growth tech firms

13 Sep 2019

SINGAPORE Singapore-based Vertex Venture Holdings, the first main backer of Southeast Asia's ride-hailing giant Grab, has added a new $290 million venture capital fund targeting investments in high-growth technology firms, a senior company official said.

Temasek, KKR competing to buy stake in Philippine hospitals group: sources

11 Sep 2019

SINGAPORE Singapore state investor Temasek Holdings and buyout firm KKR are among the suitors who have advanced to the second round of an auction to buy into the hospital unit of Metro Pacific Investments Corp , sources told Reuters.

PropertyGuru plans Australia IPO, potentially biggest of year: sources

10 Sep 2019

SYDNEY/SINGAPORE Southeast Asian online realtor PropertyGuru Group, whose backers include buyout firms TPG Capital and KKR, is planning an Australian IPO that could raise up to A$400 million ($275 million) this year, sources with knowledge of the deal said.

RRJ Capital exits from investment in unit linked to Avolon's parent: source

07 Sep 2019

SINGAPORE Asian private equity firm RRJ Capital has exited from its $750 million investment in a subsidiary of China's HNA Group-controlled Bohai Leasing, majority owner of aircraft lessor Avolon, a source with knowledge of the matter said.

RRJ Capital exits from investment in unit linked to Avolon's parent -source

07 Sep 2019

SINGAPORE, Sept 7 Asian private equity firm RRJ Capital has exited from its $750 million investment in a subsidiary of China's HNA Group-controlled Bohai Leasing , majority owner of aircraft lessor Avolon, a source with knowledge of the matter said.

Singapore starts countdown to elections, forms panel for constituencies

04 Sep 2019

SINGAPORE Singapore's next general election could be just months away, with the government announcing on Wednesday that Prime Minister Lee Hsien Loong had formed a panel to review electoral boundaries, an initial step towards calling a vote.

Singapore banking set for shake-up as digital banks rules kick off

29 Aug 2019

SINGAPORE Singapore kicked off the application process for up to five new digital bank licences and issued detailed guidelines for potential contenders, which could include Southeast Asian ride-hailing firm Grab and Singapore Telecommunications.

RRJ Capital-led group near $4 billion deal for HNA's Ingram Micro: source

26 Aug 2019

A consortium led by Asian private equity group RRJ Capital is finalizing a deal with Chinese conglomerate HNA Group to invest $4 billion in HNA unit Ingram Micro Inc for a controlling stake in the U.S. electronics distributor, a source said on Monday.

Exclusive: Ride-hailing firm Grab plans major investment in Vietnam - top executive

26 Aug 2019

SINGAPORE Singapore-based ride-hailing firm Grab is set to invest "several hundred million dollars" in Vietnam where the company sees its next major growth market, just weeks after it unveiled a $2 billion plan in Indonesia. | Video

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