Tembusu Growth Fund Ltd. fully divests of its stake in Silver City Minerals Limited (Australia)
Tembusu Partners (“Tembusu”) is pleased to announce the divestment of its stake in Silver City Minerals Limited (“Silver City Minerals” or the “Company”) on 14 March 2011. The continued robust market for commodities has allowed Tembusu to fully divest of its stake in the privately-held, base and precious metal Australian exploration company, Silver City Minerals, via a trade sale to an Australian fund at an IRR of approximately 35%.
Tembusu invested in the Company in November 2009.
Singapore’s Tembusu To Launch At Least RMB 1.0 Billion Worth of China Funds After Securing First QFLP Status for Guizhou Province; Mr Lim Ming Yan, Former CEO of Capitaland, To Chair Tembusu’s China Advisory Board21 Mar 2019
Param Mitra Coal Resources Secures US$7.5M Investment From Tembusu Partners30 Jun 2014
Singapore ChildFirst Pre-school Chain Gets Prestigious Award in Tianjin, China30 Jul 2014
Acquisition of Tangshan Ganglu Iron & Steel Co. Ltd26 Feb 2008
Congratulations to Lieutenant-Colonel (NS) Clarence Tan, CEO of Global Roam13 Jul 2012