SINGAPORE> India based Fortis Healthcare acquires Singapore based RHT Health Trust Assets for Rs 4,650 crore ($652.5 million)

Fortis logo For a sum of Rs 4,650 crore ($652.5 million), India based Fortis Healthcare acquires Singapore based RHT Health Trust Assets. Announced in February last year, Fortis acquires entire portfolio of assets of the Singapore listed RHT Health Trust assets. According to a statement from Fortis Healthcare in a regulatory filing: “The company has today consummated the transaction by acquisition of More …

SINGAPORE> UK based technology company Dyson, founded by Sir James Dyson, is set to move its global base to Singapore to support its manufacturing operations in Asia

Dyson UK based technology company Dyson, know most for its house appliances, is set to move its global base to Singapore to support its manufacturing operations in Asia. Relocating its head office from Malmesbury, UK, both CFO Jorn Jensen and chief legal officer Martin Bowen are set to relocate to the Lion City. The move coincides with the company profits crossing More …

NEW ZEALAND> USA based Glassdoor is set to enter New Zealand, Singapore and Hong Kong

glassdoor One of the world’s largest job and recruiting sites, Glassdoor is set to enter into Singapore, Hong Kong and New Zealand. Welcoming nearly 62 million unique monthly visitors and having 18 localized sites around the world, Glassdoor aims to give job seekers a competitive search advantage through access to all the latest job listings alongside reviews and insights shared by More …

SINGAPORE> USA based CenturyLink is set to open its first South-east Asia security operations center in Singapore

Centurylink logo CenturyLink, a communications and data services company, is set to open its first security operations center (SOC) in South-east Asia in Singapore to handle cybersecurity threats in the Asia- Pacific region. CenturyLink aims to offer its enterprise customers in the region a greater ability to predict, protect and respond to internal and external threats through CenturyLink’s network-based security solutions. CenturyLink More …

SINGAPORE > UK based Duco, the global provider of enterprise data quality and reconciliation services, is set to open new office in Singapore

Duco logo UK based Duco, the global provider of enterprise date quality and reconciliation services, is set to open new office in Singapore. For supporting rapid demand in the region, the new office aims to cater customers in the Asia Pacific. The services offered by Duco are used by global financial institutions to accelerate digital transformation programs . Duco helps companies solve More …

SINGAPORE > US based MassMutual is set to establish a $50 million Singapore based fund for investments in South-East Asia

Massmutual logo The venture capital arm of the Massachusetts Mutual Life Insurance Company (MassMutual), MASSMUTUAL Ventures (MMV), is set to establish a $50 million dollar fund for investments in South-east Asia. MASSMUTAL Ventures is targeting 10 to 15 Series A and Series B round investments in digital health, fintech, insurtech and enterprise software for the next three years. MassMutual will work with More …

SINGAPORE > Thailand based Kasikornbank is set to invest $50 million in Singapore based ride hailing company Grab

Kasikornbank logo Thailand based Kasikornbank is set to invest $50 million in Singapore based Grab. This makes Kasikornbank the largest investor in the Singapore technology startup’s ongoing fundraiser. Additionally, with the new investment Grab will also be able to launch its in- app GrabPay electronic wallet in Thailand. Launching in Thailand will be Grab’s sixth Southeast Asian market. Grab’s main competitors in More …

SINGAPORE > Malaysia based Masmeyer Holdings, and Malaysia-listed Asia File Corp are set to invest in Singapore based Innopac Holdings

Innopac logo Innopac Holding plans S$8.4 million ($6.08 million) stock placement that will result in a change of control, as well as a related disposal of five subsidiaries and an S$2.5 million ($1.81 million) secured loan facility. The company further declared that it will place 8.4 billion new shares at 0.1 Singapore cent a piece to 11 individual investors and the new More …