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Temasek
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Taiwan-Based Electric Bike Maker Gogoro Raised US$300 Million in Its Latest Funding
Sep 25, 2017Gogoro Inc, a Taiwanese-based venture-backed company that develops and sells electric scooters and battery swapping infrastructure, has raised another US$300 million (NT$9 billion) as it looks to further expand to new regions and product ...
Tags: electric scooters, battery
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Impossible Foods Passes Safety Testing
Aug 14, 2017Impossible Foods says that it has passed important milestones for food safety, including a unanimous expert-panel affirmation of the safety of a key ingredient used in its products. A panel of food safety and allergy experts at three ...
Tags: Impossible Foods, food safety
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Impossible Foods Launches First Large-Scale Production Facility in Oakland
Mar 27, 2017Impossible Foods has launched its first large-scale production facility, which could allow the company to make about 1 million pounds of meat a month, directly from plants, when fully ramped up. The goal for the East Oakland site is to ...
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Mitsubishi to Acquire 20% Stake in Olam for $1.09bn
Sep 1, 2015Japanese global establishment Mitsubishi has agreed to acquire 20% stake in agri-business firm Olam International, in two deals that are valued at around S$1.53bn ($1.09bn). Under the agreed terms, Mitsubishi will acquire 332.73 million ...
Tags: agri-business, Mitsubishi, edible nuts
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Birla Group New Development Plan
Apr 10, 2015The Aditya Birla Group has proposed a four-way restructuring plan to bring its retail business under Pantaloon Fashion & Retail (PFRL) and offer a maximum of 10 per cent equity stake to an investor in the consolidated entity, according to ...
Tags: Birla Group, Pantaloons Fashion
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Olam to Acquire Global Cocoa Business of Archer Daniels Midland Company for $1.3bn
Dec 17, 2014Singapore’s Olam International has agreed to acquire the global cocoa business of Archer Daniels Midland Company, in a $1.3bn deal. This new development is expected to enhance Olam's chocolate and cocoa businesses, in an effort ...
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Lazada Has Raised Investment in a New Funding Round LED by Temasek
Dec 3, 2014Southeast Asian online retailer, Lazada has raised €200 million in a new funding round led by Singapore investment company Temasek . In a statement, Lazada said Temasek joined existing investors including Verlinvest, Kinnevik and ...
Tags: Online Retailer, Apparel
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LatticePower Announced an $80m Initial Round of Series D Equity Financing
Jul 10, 2014LatticePower Corp of Nanchang, China, which claims to be the first company to commercialize GaN-on-silicon LED lighting, has announced an $80m initial round of Series D equity financing led by Asia Pacific Resources Development Investment ...
Tags: GaN-on-silicon, LED lighting
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Temasek and Hopu Plans to Purchase a $213m Stake in Yashili International
Nov 12, 2013Temasek, a sovereign wealth fund of the Government of Singapore, and private equity firm Hopu have agreed to purchase a $213m stake in Chinese infant formula maker Yashili International. The move comes after Yashili's parent company China ...
Tags: Temasek, Hopu, Yashili, China Mengniu Dairy
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Temasek Has Teamed up with Hopu&Three Private Investors to Acquire Yashili International
Nov 12, 2013Temasek, Singapore's state-owned investment company, has teamed up with China-focused private equity firm Hopu and three private investors to acquire $213m worth stake in infant milk formula producer Yashili International. The shares will ...
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Shuanghui International Is Seeking to Raise up to $6bn
Nov 8, 2013Shuanghui International, a Chinese food giant, is seeking to raise up to $6bn through an initial public offering (IPO) in Hong Kong in the second quarter of 2014. The Chinese firm recently acquired US-based hog and pork processor ...
Tags: Shuanghui International
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Sharply Dropped Share Price of Kunlun Energy Is Expected to Stop Investment
Sep 2, 2013Sharply dropped share price of Kunlun Energy Co., Ltd. (SEHK: 0135) is expected to stop Singaporean sovereign wealth fund Temasek Holdings from investing more in it. Kunlun Energy, a subsidiary of PetroChina Co., Ltd. (SHSE: 601857 and ...
Tags: Metallurgy, Mineral, Energy
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Varun Beverages Is Set to Sell a Minority Stake in The Company to Private Equity Firms
Aug 22, 2013Varun Beverages, an India-based bottling arm of RJ Corp, is set to sell a minority stake in the company to private equity firms in a move to raise INR3bn ($47.5m). The company is currently in talks with four private equity firms - GIC ...
Tags: Varun Beverages, PE Firms
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A Dragnet in Central China's Henan Province Finally Closed in on Li Mingzhong
Jul 30, 2013After eluding police for 10 days last year, a dragnet in central China’s Henan province finally closed in on Li Mingzhong, the head of a BOC Fullerton Community Bank branch who had absconded with more than US$16 million in rural ...
Tags: Village Banks, Privatization
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Singapore's Singbridge Holdings Plans to Set up a Management Company
Jul 23, 2013Singapore’s Singbridge Holdings has entered into an agreement set up a management company for the development of food zone in the province of Jilin, China. Under the agreement, Singbridge will hold 40% in the joint venture, while ...
Tags: Food Zone, Singbridge