The Business Times
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Strong response to new PE fund of funds by Azalea

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Published Thu, Dec 12, 2019 · 09:50 PM

Singapore

AZALEA Investment Management of the Temasek Group has raised US$650 million for its inaugural fund of funds product, surpassing its target of US$400 million.

The Altrium Private Equity Fund invests in primary and secondary PE funds in Europe, US and Asia, focusing on buyout and growth strategies.

Private equity

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Ohmyhome (BVI) is the holding company of Ohmyhome Singapore and its subsidiaries, which provide real estate services in Singapore and Malaysia.

Ohmyhome Ltd sells real estate business for token US$1 due to poor business and continued losses

Race (left) and Rhonda Wong founded Ohmyhome in 2016.

Real estate firm Ohmyhome’s journey over the past 10 years

Shares of Ohmyhome closed at US$0.64 on Thursday in the US, slipping below the Nasdaq’s US$1 minimum bid price requirement.

Could Ohmyhome face Nasdaq delisting after selling its core unit for US$1? Experts weigh in

Vincent Tan, founder of Berjaya Group, has reduced his holdings in multiple companies within the group.

Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan

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