Key Global Investor Programme (GIP) Updates
Please note the following key changes to the existing Global Investor Programme (GIP) criteria effective 15 April 2012: An investor may apply for the Singapore Permanent Residence (PR) status through GIP by investing at least S$2.5 million in a GIP fund that invests in Singapore-based companies. GIP applicants with companies in the real estate or […]
Tembusu Growth Fund II makes its second investment in REKA Health
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 […]
Tembusu Partners Makes its Fifth Distribution
Tembusu Partners announced the fifth distribution to investors from Tembusu Growth Fund I. The total amount distributed to date is 45.8% of the totalinvested capital.
Daniel Lee Appointed to the Board of ACTAtek Inc
As of February 2012, Daniel Lee has been appointed to the ACTAtek Inc Board of Directors. Daniel Lee is currently an Advisor to private equity firm Tembusu Partners and Director for MoneyWorld Capital (New Zealand) Ltd which is part of theMoneyWorld Group of Companies, a leading foreign exchange player withoffices in China, Hong Kong, Singapore […]
Tembusu Partners Makes a Second Divestment of Artivision Technologies Ltd
Tembusu Partners is pleased to announce a second partial divestment from Tembusu Growth Fund I portfolio company Artivision Technologies Ltd (“Artivision”) of eight million shares for SGD $2.3 million in January 2012. Tembusu Partners invested in Artivision in 2007 and continues to strongly support the Company and its vision moving forward.
Tembusu Growth Fund I makes follow-on investment into ACTAtek Inc
Tembusu Partners is pleased to announce that Tembusu Growth Fund Ltd (“TGF I”) has invested an additional S$1.5 million in ACTAtek Inc (“ACTAtek” or “Company”), a leading manufacturer and developer of ACTAtek®, a web-based biometricRFID smart card access control and time attendance system. ACTAtek recently entered into a distribution agreement with a large US distributor […]
Tembusu Partners completes full divestment of Cherie Hearts Group
Tembusu Partners announces it has fully exited from its investment in Cherie Hearts, achieving a 71% IRR. The complete divestment occurred in November 2011.
Maxwell to tie up with leading sports shoe brand
China-based shoe manufacturer Maxwell International Holdings Bhd is close to sealing a deal with a leading international sports shoe brand, according to CEO Xie Zhen’an. In an interview with The Edge Financial Daily yesterday, Xie said the tie-up will provide good long-term prospects for Maxwell, adding that the international brand will be disclosed once the […]
Artivision signs landmark deal with Chinese technology giant Daheng
Deal is the largest signed for Artivision’s security business to date S$6 million in revenue guaranteed within the first 18 months, with the potential for an additional S$36 million over the subsequent 24 months Artivision Technologies Ltd (“Artivision”, “慧视科技有限公司” or the “Group”) is pleased to announce that its subsidiary ArtiSecurity Technologies Pte Ltd (“ArtiSecurity”) has […]
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 […]