Exclusive: Temasek considers sale of Advanced MedTech, likely valued at about $1 bln – sources
Temasek Holdings is exploring selling Advanced MedTech, multiple sources told Reuters on Monday, after the medical devices firm, fully-owned by the Singaporean state investor, received interest from suitors including buyout funds.
Temasek-backed oil rig builders agree $6.3 bln merger amid sector downturn
Singapore’s Sembcorp Marine (Sembmarine) (SCMN.SI) has agreed to a S$8.7 billion ($6.29 billion) merger with Keppel Corp’s (KPLM.SI) larger offshore and marine unit, a year after the Temasek-backed firms began deal talks amid an industry downturn.
EXCLUSIVE Activist shareholder Quarz opposes terms of $3 bln Singapore REIT merger
Activist investor Quarz Capital Management said it is opposed to the terms of a proposed S$4.2 billion ($3.1 billion) merger of two Temasek-linked Singapore real estate investment trusts, saying the target firm was significantly undervalued.
Analysis: Singapore bets on niche SPAC listings to capture tech boom
After years of struggling to emerge from the shadows of regional rivals, Singapore Exchange is looking to establish itself as the hub for blank-cheque firms, riding on regulatory overhaul, support by state firms, and a tech boom in its back yard.
