SINGAPORE: A unit of state investment company Temasek Holdings Pte has invested in Secretlab, a Singapore-based maker of chairs for players of electronic games, to help drive growth.
Heliconia Capital Management Pte.’s purchase of a minority stake values the five-year-old company at between S$200 million ($144 million) and S$300 million ($216 million), according to a person with knowledge of the matter.
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