Tembusu Partners signs MoU with SingXpress to purchase stake in Pasir Ris DBSS project
SingXpress’ stake will fall to 50% from 80% previously; transaction in line with its “investment banking” strategy SingXpress and Tembusu Partners to also collaborate on future property investments and development projects SingXpress also announces 1H2012 financial results, returns to profitability, year-on-year SGX-Catalist listed SingXpress Land Ltd (“SingXpress” or the “Company”) announced today that homegrown private […]
Tembusu Growth Fund II makes its first investment in “Greenlots”
Tembusu Growth Fund II (“TGF 2”) is pleased to announce its investment in Zeco Systems Pte Ltd (commercially known as “Greenlots”). Established in 2008, Greenlots is Asia’s dominant provider of charging solutions for electric vehicles with installations throughout the region. Globally, the company has installations in eleven countries in Asia and Europe, and is currently […]
Greenlots secures funding round led by SBI Ven Capital and Tembusu Partners
With installations of charging networks for electric vehicles in 11 countries, Greenlots today announced an equity financing round to help accelerate its global growth. Led by SBI Ven Capital, the overseas investment arm of SBI Group and Japan’s largest independent venture group, and Tembusu Partners, a leading pan-‐Asian private equity investment manager, Greenlots will further […]
Tembusu Partners divests 3E Membrane Technologies Pte Ltd
Tembusu Growth Fund portfolio company, 3E Membrane Technologies Pte Ltd, has experienced a force majeure resulting from the recent earthquake in Japan which has significantly impacted the business operations of the Company. As a result, Tembusu has redeemed our investment in the Company at par.
Artivision announces release of new application – Advision
The Board of Directors of Artivision Technologies Ltd. (the “Company”) is pleased to announce that the company has released a social-media application, Advision. Advision utilizes Artivision’s patent-pending, advanced video and photo content-analysis capabilities and can empower people engaged in social website(s) with the ability to generate revenue from their online content. With Advision, users can […]
Nanjing BioTogether Co., Ltd completes registration process
Tembusu Growth Fund Ltd (“Tembusu”) refers to the announcement made on 29 December 2010 pertaining to the investment in Nanjing BioTogether Co., Ltd. (the “Company”). As of 26 April 2011, the Company has successfully obtained approval from the Ministry of Commerce People’s Republic Of China (“MOFCOM”) and the State Administration of Foreign Exchange (“SAFE”) and […]
Tembusu Partners divests two portfolio companies
Tembusu Partners is pleased to announce the divestment of two portfolio companies, both at a positive IRR. The divestiture of Standard Water Limited was through a trade sale to a Chinese institutional fund and Infinite Frameworks through a redemption. Tembusu Partners invested in both companies in 2007.
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, […]
REKA Health Pte Ltd is Tembusu Growth Fund II’s Second Investment
Tembusu Partners, a leading Pan Asia private equity fund manager, is pleased to announce a new investment in REKA Health Pte Ltd (“REKA Health” or “Company”). Led by Mr Tan Kae Yuan, REKA Health develops, produces and markets a suite of consumer products that specifically addresses the Mobile Health ( i.e., Telemedicine, Remote Health, Web […]
Maxwell starts 2011 listing with a premium
The first listing for 2011 did well on its maiden day as shares of China-based sports shoe maker Maxwell International Holdings Bhd gained 4.6 per cent to close at 56.5 sen yesterday. In fact, the stock rose more than 9 percent to a high of 59 sen, before giving up some of its gains. It […]