MilikiRumah targets US$50m fund for affordable housing expansion in Indonesia
MilikiRumah is aiming to raise a US$50 million private equity fund to scale its rent-to-own housing programme in the country, targeting segments of the population typically excluded from conventional mortgage financing. The company aims to have a first close of US$10 million in the third quarter of this year, while raising the remaining capital in […]
Lim Hwee Hua elected as Independent Director of JERA in June 2023
Tembusu Partners is proud to announce that our co-Chairman, Lim Hwee Hua, has been appointed as an Independent Outside Director of JERA. Her appointment, effective April 2024, follows a distinguished career in both public service and the finance sector, including key roles in Singapore’s Cabinet and leadership positions at renowned financial institutions. We congratulate her […]
Disruptive Technologies Shaping the Future of Asia: ChatGPT and more
Emerging technologies have the potential to shape our future across industries. ChatGPT is one example achieving mass adoption at a record rate, far surpassing platforms such as Instagram, Facebook and Netflix. At the recent Tembusu Ideabar Series on “Exploring the Disruptive Edges of Asia” co-hosted by Tembusu Partners and Deloitte Center for the Edge on […]
Gozem, IFC partner on $10M moto-taxi financing project
Ride-hailing app Gozem and the International Finance Corporation (IFC) are embarking on a $10 million project to help motorcycle-taxi (moto-taxi) drivers in Togo and Benin access affordable vehicle financing. Through this partnership, the two groups will finance new vehicles for 6,000 drivers and build a platform that will enable Gozem to finance millions more. Gozem […]
Lim Hwee Hua Delivers Keynote Speech on the Role of Government in Infrastructure at the Inaugural APPPA Forum in Taipei
China, 21 June 2017 – This article was published by Economic Daily News on 21 June 2017, read more here (in Chinese (Traditional) only)
Cricket Digital Platform CricHQ Secures US$10 Million Investment from Singapore PE Firm Tembusu Partners To Expand Global Reach
Singapore / New Zealand, 16 June 2015 – CricHQ Ltd. (“CricHQ”) said today that it has secured up to US$10 million funding from Singapore-based private equity firm Tembusu Partners Pte. Ltd. (“Tembusu Partners”) to enhance its cricket digital platform and grow its global operations. Tembusu Partners manages over S$300 million (approximately US$223 million) and has […]
Singapore Energy Services Startup Barghest Building Performance Secures Seven-Figure Mezzanine Funding From PE Firm Tembusu Partners
Singapore, 3 June 2015 – Homegrown energy efficiency services startup Barghest Building Performance (“BBP”) announced today that it has secured a seven-figure mezzanine investment from leading Singapore private equity firm, Tembusu Partners Pte Ltd (“Tembusu Partners”). Tembusu Partners manages close to S$300 million and has a strong track record in investing in high growth enterprises […]
Param Mitra Coal Resources Secures US$7.5M Investment From Tembusu Partners
Param Mitra Coal Resources Pte Ltd (“PMCR”), which owns two operating coal mines in Indonesia, has secured from Singapore private equity investor, Tembusu Partners Pte Ltd (“Tembusu”), an investment of US$7.5 million out of the US$20 million investment underwritten in January 2014 by The Islamic Bank of Asia (“IB Asia”). With a proven track record […]
Tembusu Partners Invests in Leading Pre-school Education Company, Ednovation Pte Ltd
Tembusu Growth Fund II Ltd (“TGFII” or “Tembusu”) is pleased to announce its fifth and largest investment to date in Ednovation Pte Ltd (“Ednovation” or the “Company”), a leading pre-school education content developer, and owner and operator of a chain of premium ChildFirst pre-schools in China and Singapore. Tembusu’s investment of S$20 million will support […]
Tembusu Partners Makes its Seventh Distribution in June 2013
Tembusu Growth Fund I has made its seventh distribution with proceeds from the divestment of companies, bringing its total distribution to paid in capital ratio to 0.59. Tembusu expects further distributions in the coming months.