SG Dealbook: Tat Hong to go private in $283m deal; CWG note issue to fund M&As


Tat Hong is set to delist from the SGX while CWG International has subscribed to a promissory note to finance acquisitions.

Temasek, Kuehne Nagel set up JV to invest in logistics tech startups

Temasek Holdings and Kuehne Nagel International AG will jointly invest in early-stage logistics technology startups.

APAC Digest: Scooterson to set up SG centre post fundraise; ACK backs Reviver Auto

Scooterson raises a seed round while Australia’s ACK Group has led an investment in US-based Reviver Auto. 

ASEAN tech IPOs, ICOs to gain traction: Kin-Wai Lau, Fatfish Internet Group

“There are hardly any Internet companies listed on the SGX today. Why would that be the case, since a big part of everyone’s life now revolves around technology? That’s largely a debate that the SGX is going to have to engage in, and particularly about their terms for a profit requirement of those companies seeking to be listed on SGX,” Kin-Wau Lau said.

SG Realty: Far East Hospitality REIT & SingHaiyi Group acquisitions

Far East Hospitality REIT is to acquire Oasia Hotel Downtown while SingHaiyi Group has purchased Park West condominium. 

Singapore: MAS chief hopes cryptocurrency tech will survive “crash”

Singapore is carrying out extensive research into the distributed ledger technology that underlies bitcoin.

Hatcher+ partners Funderbeam to launch blockchain-based startup listings

Singapore-based Hatcher+, which uses AI and machine learning technologies to select early-stage venture investment opportunities, aims to invest $125 million in startup ventures over the next three years.

Venture debt finds more takers in SEA as Innoven closes 20+ deals in FY17

Innoven’s Southeast Asia arm invested in travel-booking services company Oway, live-streaming platform M17 Entertainment, online Korean-beauty store Althea and fintech services provider Akulaku, among others, in 2017.

ICO fundraising more difficult amid heightened investor scrutiny: Kenneth Oh, Dentons Rodyk

Kenneth Oh of Dentons Rodyk discusses ICOS, regulations, and the liquidity prospects for LPs and fund managers.

Successful ICOs need backing from strategic purchasers: Mike Kayamori, Quoine

Kayamori discusses the success of his cryptocurrency exchange’s ICO, as well as its growth plans.