ASLAN Pharmaceuticals nets $34 mln Series C

By Iris Dorbian — 2 months ago

Singapore-based biotech company ASLAN Pharmaceuticals has raised $34 million in Series C funding. Accuron Technologies Limited, a Temasek Holdings subsidiary, led the round. Other investors included Tianda Pharmaceuticals Limited, Haitong International, Morningside, Bioveda, Cenova and Sagamore Bioventures.

Continue

Vertex Ventures raises more than $140 mln for debut fund

By Alastair Goldfisher — 6 months ago

Vertex Ventures has raised $140.85 million for its inaugural fund, according to a regulatory filing. The firm, which is located above Antonio’s Nut House in Palo Alto, Calif., was co-founded by General Partners In Sik Rhee and Jonathan Heiliger to make early-stage investments in enterprise and cloud infrastructure companies.

Continue

Pluribus Networks pulls in $50 mln Series D

By Iris Dorbian — 1 year ago

Pluribus Networks, an SDN platform provider, has raised $50 million in Series D funding. Temasek Holdings led the round with participation from previous backers that included New Enterprise Associates, Menlo Ventures, Mohr Davidow and AME Cloud Ventures.

Continue

GrabTaxi secures venture backing

By Angela Sormani — 2 years ago

GrabTaxi, an automated smart-phone taxi booking platform has secured backing from investors including Vertex Venture Holdings, a wholly-owned subsidiary of Temasek Holdings. A group of angel investors from Malaysia are also providing financial support for the start-up.

Continue

Specialty retailer Brookstone plans bankruptcy filing – Reuters

By Reuters News — 2 years ago

Specialty retailer Brookstone Inc is preparing to file for bankruptcy with a plan in place to be bought by another specialty retailer, the Wall Street Journal reported, writes Reuters. Brookstone was taken private in 2005 by a group led by Osim, Asia’s biggest maker of massage chairs, in a $445 million deal. The group included Temasek Holdings and private equity firm JW Childs Associates LP.

Continue

Temasek, Hopu buy stake in Chinese dairy maker – Reuters

By Reuters News — 2 years ago

Singapore state investor Temasek Holdings and China-focused private equity firm Hopu were among five investors buying a $213 million stake in Yashili International Holdings Ltd, after parent China Mengniu Dairy Co Ltd sold down shares to meet Hong Kong listing requirements, writes Reuters. Temasek, through one of its Mauritius subsidiaries, Hopu and three individual investors agreed to buy 471.13 million shares of Yashili from Mengniu for HK$3.50 each, putting the total deal at HK$1.65 billion ($213 million), writes Reuters.

Continue

Temasek, RRJ Buy Stake in Kunlun Energy

By Reuters News — 4 years ago

Singapore state investor Temasek Holdings and private equity firm RRJ Capital bought nearly half of the shares in the $1.34 billion offering by PetroChina Co,‘s unit Kunlun Energy Co., Reuters reported Tuesday. More than 140 investors bought into the company, which is becoming a leading player in China’s natural gas sector, according to a term […]

Continue

Singapore Sovereign Fund Shifts Investment Strategy

By Angela Sormani — 4 years ago

Temasek Holdings, the smaller but more visible of Singapore’s two sovereign funds, is moving into a new phase with its investment strategy, writes Reuters. The shift in strategy could transform the institution into a group similar to Blackstone, another $160 billion institution, which has grown from a focused private equity firm to a global asset […]

Continue

Temasek Holdings Sets Up New Fund

By Angela Sormani — 4 years ago

Singapore state investor Temasek Holdings has set up a new subsidiary called Pavilion Capital Pte Ltd that will invest primarily in privately owned firms in North Asia, writes Reuters. The wholly owned subsidiary will be headed by Temasek’s former chief investment officer, Tow Heng Tan. The fund will have at least $1 billion to invest, […]

Continue