TIH unveils S$133m deals as transformation makes headway
Temasek to emerge as shareholder of a unit; TIH also investing in optical components venture
Add BT as a preferred source
Anita Gabriel
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
IT's been a good 11 months since mainboard-listed private equity firm TIH Limited made the sensible move to regroup its asset management business by ending a nearly 20-year pact with a third-party manager and absorbing all 13 employees to form its own unit TIH Investment Management.
A tad long perhaps, but it made up for the dearth of concrete news since by announcing two deals collectively worth some S$133 million on Monday - a big step for the firm which has long trumpeted its plan to expand beyond its waning private equity and venture capital business.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Japan stocks look set for new highs in 2025 on earnings, reform
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
Richard Eu on how core values, customers keep Singapore’s TCM chain Eu Yan Sang relevant
