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SINGAPORE, July 6 (Reuters): Indonesian beauty startup Social Bella, which operates beauty e-commerce platform Sociolla, said on Monday, it had raised US$58 million from its existing investors, including Singapore state-investor Temasek.
SINGAPORE July 4 (Bloomberg): Temasek Holdings Pte’s biggest equity shareholdings and those of its subsidiaries have plunged almost US$24 billion since January as the spreading coronavirus sends markets into spasms.
Google and Temasek Holdings Pte are in negotiations to join a funding round of between US$500mil (RM2.14bil) and US$1bil (RM4.28bil) for Indonesian e-commerce giant PT Tokopedia, according to people familiar with the matter.
SINGAPORE: Singapore’s state-owned investor Temasek Holdings Pte has made the rare decision to delay its annual report until September, blaming Covid-19 for hampering the global flow of financial information.
FRANKFURT: BioNTech said Singapore’s Temasek and other investors are injecting US$250mil into the German biotech firm through a private placement, reflecting heightened investor appetite for promising developers’ vaccines against the coronavirus.
SINGAPORE, June 28 (The Straits Times/ANN): Another PAP new face facing online accusations of behaving badly in the past has come out to rebut them.
THE People’s Action Party (PAP) debuted eight new candidates to contest in the election on July 10.
SHANGHAI: BlackRock Inc chief executive Officer Larry Fink said China remains one of the firm’s top regions for growth despite uncertainties brought on by trade tensions with the US and the virus outbreak.
SINGAPORE: KKR & Co. expects to at least triple its investments in Vietnam in the next decade as it seeks to capture rising demand from the Southeast Asian nation’s growing middle class.