Singapore

Temasek inks deal to divest Pavilion Energy to Shell

Carne Investments Pte. Ltd., an indirect wholly-owned subsidiary of Temasek, has reached an agreement to divest 100 percent of its shares in Pavilion Energy Pte. Ltd. to Shell Eastern Trading Pte. Ltd., a subsidiary of Shell plc.

Temasek invests up to $198M in Australian financial services firm Betashares

Betashares, an Australian financial services company, has on Monday announced it has entered into a binding agreement with Temasek, a global investment company headquartered in Singapore, for Temasek to invest up to AUD 300 million ($198M) in Betashares.

Pall opens $150M manufacturing facility in Singapore to support global semiconductor demand

Pall Corporation, a global filtration, separation and purification technologies firm, has invested approximately $150 million to a manufacturing facility in Singapore to support global semiconductor demand.

Singapore’s Patsnap surpasses $100M in annual recurring revenue

Patsnap, a internet protocol (IP) and research and development (R&D) intelligence company headquartered in Singapore, has announced that it has reached a significant milestone of achieving $100 million in annual recurring revenue (ARR), with 20 percent year-over-year growth in 2023.

Singapore’s Octayne secures $525,000 pre-seed funding from Wavemaker Impact

Octayne Green Fuels (Octayne), a Singapore-based farm-waste to energy venture, has on Wednesday announced it has successfully secured a pre-seed investment of $525,000 from Wavemaker Impact (WMi) to accelerate its mission of tapping Southeast Asia (SEA)’s vast agricultural sector for primary feedstock to create carbon-neutral fuel alternatives for energy…

Singapore’s Supermom projects 100 percent revenue growth in 2024 amid expansion plans

Supermom, the Singapore-based parenting data network, said Tuesday it is poised for a year of remarkable expansion, forecasting a 100 percent increase in revenue for 2024 and intensifying its presence across Southeast Asia, particularly Indonesia.

Primer bolsters China presence with strategic appointments to capture growing cross-border payments demand

Primer, a global fintech firm, has on Tuesday announced key strategic appointments to meet demand of Chinese businesses looking to capture a slice of the huge cross-border payments opportunity.

XM Studios partners EMERGE to elevate collector experience

XM Studios, a Singapore-based design studio for luxury handcrafted art collectibles, has on Monday announced a strategic partnership with EMERGE Group, a leading martech firm specializing in commercialization solutions with a rich portfolio of notable intellectual property (IPs).

Temasek led $208M equity investment in German radiopharmaceutical biotech firm ITM

Singapore state-owned investor Temasek has led EUR 188 million ($208 million) equity investment in German radiopharmaceutical biotech firm ITM Isotope Technologies Munich SE (ITM).

McDonald’s partners Bandwagon Labs to create first-of-its-kind in-app metaverse

Singapore's entertainment media tech company Bandwagon, through its metaverse arm Bandwagon Labs, has partnered with McDonald's Singapore to launch an immersive web-app-based experience on Thursday.