Key GIP Updates
Please note the following proposed changes to the existing GIP program: Effective 1st October 2010, GIP applicants must have aggregated company revenue of S$30 million per year for past 3 years. Effective 1st January 2011, Options A and B will require a minimum S$2.5 million investment. Option C (S$1m fund + S$1m property) will be […]
Hongwei Technologies reports a revenue increase of 30.7% in HY2010
Hongwei Technologies’ revenue has increased by 30.7% to RMB 156.7 million in HY2010. This is mainly due to the recovering economy and the increase in consumers’ confidence, which led to an increase in demand for the Group’s products. They have also reported a profit net of tax increase by 33.5% to RMB 36.3 million. In […]
Artivision enters into strategic alliance with ScanScout USA
Artivision has entered into a strategic alliance with ScanScout, a video advertising company in the USA with one of the largest video networks worldwide. Artivision will work with them using 3rd party tag technologies on a value-added in-video monetization service which works on the premise of adding new advertising inventory to existing video assets.
Tembusu Partners fully divests Tongji Environment Pte Ltd
Tembusu Partners (“Tembusu”) is pleased to announce the full divestment of its stake in Tongji Environment Pte Ltd (“Tongji” or the “Company”) in June 2010. The Company is engaged in providing municipal, industrial and sludge wastewater treatment services in the People’s Republic of China. Tembusu first invested in the Company through a combination of convertible […]
Funds focus on emerging markets
Investors expect private equity funds focusing on emerging markets to outperform those investing in advanced economies in coming years, according to a global survey from the Emerging Markets Private Equity Association (EMPEA) today. A total of 77% of private equity investors surveyed said they believe annual returns from their developing-country portfolio will reach at least […]
Our Managing Director Loo Cheng Guan talked about Tembusu’s Investments in China and Malaysia
Cheng Guan explains how he susses out deals and the right investees in China. He also says whether Malaysia is scrapping the barrel for Chinese companies listing on Bursa Malaysia and whether it is a right decision for institutional investors like Temasek to sell their stakes and cut losses.
Tembusu Partners successfully sells its 2.2% stake in Van Der Horst Energy
Tembusu Partners announces today that it has successfully divested its investment in Van Der Horst Energy for approximately S$ 2m. Tembusu Partners invested about S$ 1m into Van Der Horst Biodiesel in April 2007, which was subsequently acquired by GKE International Limited, “GKE”. GKE was subsequently renamed to Van Der Horst Energy. Following the acquisition, […]
Investment into Cherie Hearts Group International
Tembusu Growth Fund Ltd entered into an agreement on 24th January 2009 to invest up to S$5million into Cherie Hearts Group International, a home-grown, award-winning group of childcare centers.
Singapore-Nanjing venture sets up US$100m fund
Tembusu Partners will be setting up a fund management company in cooperation with Nanjing Hi-Tech Venture Capital Co and Venture Capital and Consulting to manage $USD100 million Nanjing Growth Fund to invest in fast-growing companies in China.
Additonal acquisition of GlobalRoam Group Ltd
On 16th June 2008, the shareholding of Tembusu Growth in the company has increased to 26.53%.