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Cordlife increases stake in Malaysia's StemLife

Singapore-listed umbilical cord blood and tissue banking service provider Cordlife Group Limited announces its acquisition of an additional 11.89% stake in Malaysia-based StemLife for a total of SGD7 million.

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Vincent Tan

Malaysian tycoon Vincent Tan mulls over Cardiff City FC IPO, hires CIMB Group Holdings

Vincent Tan, owner of Malaysia's Berjaya Group, is looking to list Cardiff City Football Club on Singapore's Catalist. Tan controls a 51% stake in Cardiff City, which has been recently promoted to the English Premier League.

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Temasek Holdings

Temasek is different from other sovereign wealth funds and pays tax - Chairman

Singapore's Temasek Holdings is not like any other sovereign wealth fund. This was according to a Chairman Lim Boon Heng in a conference held in Singapore.

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Tanzania Natural Gas

GAIL India still in talks with Ophir Energy over Tanzania gas assets

Negotiations between GAIL India and UK-based Ophir Energy about a possible sale of the latter's stake in Tanzania gas assets are still ongoing. Ophir's earlier share sale deal with Pavilion Energy has been initially seen as a setback in the talks.

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London Stock Exchange

Servelec to float 68.3 million shares, UK's biggest tech IPO in three years

Servelec's initial public offering is said to be the largest technology listing in the UK in three years. The software and services company is expected to float 68.3 million shares worth GBP122 million on the London Stock Exchange.

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Hong Kong billionaire Li Ka-shing prepares for Watson IPO

Just months after pulling out of a planned multi-billion dollar sale of his grocery chain, Hong Kong billionaire Li Ka-shing has started the process for Waston's initial public offering. The global retail business is set to float next year.

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Singapore government acquires stake in Bollywood distributor

Fullerton, an investment fund run by Singaporean sovereign wealth fund Temasek Holdings, has acquired 5 million shares in Bollywood film distributor Eros International at USD11 apiece.

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WiFi users

US ranks 31st in Internet speed list, nationwide Google Fiber network to cost USD11 billion

According to, 30 countries including Moldova and Uruguay have faster Internet than the United States. Google Inc. has began building its fiber network in Kansas. A nationwide Google Fiber rollout, however, may cost USD1 billion.

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Vincent Tan

Malaysian tycoon Vincent Tan mulls over MOL Global IPO

Billionaire and Friendster Inc. owner Vincent Tan is reportedly looking to list his online payments company MOL Global Pte., and has been eyeing a dual listing in the Kuala Lumpur Stock Exchange and either in Hong Kong or Singapore.

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Social network Bubbly in talks over possible acquisition

Singapore-based mobile social network for voice Bubbly is in talks with interested partners, including one gaming company, over a possible acquisition, according to the firm's chief executive officer.

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Societe Generale

DBS and ABN AMRO place final bids for Societe Generale's Asian private bank -sources

Singapore's DBS Group Holdings, Credit Suisse, and ABN AMRO are among the shortlisted suitors that have placed their final round bids for Societe Generale's Asian private bank.

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Indian Angel Network

Indian Angel Network eyes investment opportunities in UK, Singapore

The Indian Angel Network, the country's oldest and largest angel investor network, is hunting for investment opportunities in the UK and Singapore. IAN expects to announce its first UK deal during the first half of 2014, while it will begin its Singapore operations in the latter half of next year.

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The Optus Centre Project in Macquarie Park

Singapore's AIMS purchases half of Sydney's Optus Center

Singapore-listed AIMS AMP Capital Industrial REIT entered the Australian market by buying a 49% stake in Optus Center at Sydney's Macquari Park for over USD184 million.

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Boulder Ionics

Colorado building and battery startups receive funding from investors

Colorado-based building and battery startups Prescient, Boulder Ionics, and RoundPegg announced that they received funding from investors this week, which will be used for expansion and development.

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Hong Kong Exchange

China’s patent issuance to set Hong Kong as an intellectual property hub

With a high demand of patent agents and lawyers from mainland China, Hong Kong's quest to become the regional trading hub for intellectual property (IP), may soon be a reality as China remained the world's number one patent granter last year with 1.26 million approved applications.

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