Temasek

Temasek to freeze wages; senior management to take voluntary pay cut

AMID the challenging situation resulting from the Covid-19 disease outbreak, Singapore state investment firm Temasek is implementing a firm-wide wage freeze and asking senior management to take a...

BlackRock, Temasek in talks on joint venture in China

[NEW YORK] BlackRock Inc and Temasek Holdings Pte reached an agreement to start an asset management business in China along with one of the country's biggest banks.

Malaysian mobile operator U Mobile targets US$500m IPO

[KUALA LUMPUR] U Mobile, a Malaysian mobile service provider, is planning to raise about US$500 million in an initial public offering (IPO) in Kuala Lumpur, according to people familiar with the...

Temasek-backed Israeli-US retail logistics startup Fabric raises US$110m

[TEL AVIV] Israeli-US retail logistics company Fabric said on Wednesday it raised US$110 million in a funding round led by Corner Ventures, bringing its total raised to date to US$136 million.

Ascott Reit's whirlwind merger to lead the global hospitality space

IT took a matter of three days for the proposed S$1.2 billion merger between Ascott Residence Trust (ART) and Ascendas Hospitality Trust (A-HTrust) to be approved and unveiled to the public.

Temasek's Vertex adds new US$290m fund to back growth-stage tech firms

VERTEX Growth Fund, the sixth and newest member of Vertex Venture Holdings’ global network of venture capital (VC) funds, has raised US$290 million for its inaugural fund.

Social Bella raises US$40m Series D funding led by Temasek, EV Growth

INDONESIAN beauty e-commerce startup Social Bella has raised US$40 million in Series D funding co-led by venture firm EV Growth and Temasek, the company announced on Monday.

Temasek’s Vertex raises US$230m for fourth South-east Asia fund

VERTEX Venture Holdings raised US$230 million in the first close of its fourth Southeast Asian fund to back technology startups across the region and India.

Temasek, UOB commit a further US$200m to venture debt firm InnoVen

ASIA venture debt firm InnoVen Capital has secured US$200 million of additional capital commitment from shareholders Temasek and United Overseas Bank (UOB) as it steps up its pursuit of startups...

Singapore a gateway for expansion? Not Impossible!

THE Impossible Burger - with its fully plant-based patty that has the taste and bite of real beef - has landed in Singapore.

Temasek will explore AI, blockchain deals

TEMASEK Holdings Pte, Singapore's state investment firm, is setting up new groups to explore opportunities in artificial intelligence (AI) and blockchain technologies.