Deals
The deal is an incentive for Intel to retain control of its contract manufacturing business.
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Intel received $5.7b from US government for 10% stake under Trump deal
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American Bitcoin, backed by Trump sons, aims for Nasdaq listing in Sept
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GIC-backed Indian stock broking platform Groww gets nod for IPO: report
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Olam to shut down Jiva Ag amid "difficult market conditions"
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Temasek shuffles top deck, splits portfolio into three new entities
More Stories
Indonesian SaaS startup Mekari restructures ownership, buys local commerce platform
Secondaries becoming default exit path in parts of Asia: S Korea’s Shinhan
CIP, PetroVietnam to develop offshore wind project in Vietnam
Temasek’s SeaTown hits first close of latest private credit fund at $612m
SG payments firm Tazapay bags Series B funding from Ripple, Circle
IPOs & Markets
Tyler and Cameron Winklevoss have invested in the new firm.
Reuters reported in May that the IPO may be sized between $700m and $1b.
Analysis
The shutdown will affect 606 employees across SG, Indonesia, India and Australia.
Policy & Regulations
Chia Song Hwee will be appointed co-CEO of Temasek International, effective October 1, 2025.
Vietnam
Excelsior Capital Vietnam Partners II has raised about half of its target.
Singapore
Existing investors Wavemaker Partners, Velocity Ventures, and Vulpes Ventures reupped.
The shares were priced 53% higher than in a recent allocation in July.
India
The round also saw participation from Arkam Ventures and Fundamentum Partnership.
Rest of Asia
The fund’s launch comes as Origgin Ventures officially launched its Japanese operations in Fukuoka.
