2 Min Read
KUALA LUMPUR, July 6 (Reuters) - Singapore-based private equity firm Ikhlas Capital has formed a strategic partnership with Silverlake Group through a $40 million investment to support the software company’s growth, the firms said on Tuesday.
Ikhlas will be Silverlake’s first institutional partner, and the tie-up will help the technology software group strengthen its foothold in Asia and accelerate international expansion, they said in a joint statement.
The firms did not detail the stake involved in the investment. A source close to the deal said the investment includes Ikhlas taking equity stakes in the listed entity and in unlisted parts of the Silverlake Group.
Singapore PE firm Ikhlas Capital invests in Silverlake partnership
financialpost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialpost.com Daily Mail and Mail on Sunday newspapers.
Singapore PE firm Ikhlas Capital invests in IT software firm Silverlake
dealstreetasia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dealstreetasia.com Daily Mail and Mail on Sunday newspapers.
Industry leaders push for digital, shared approaches for recovery By JAN YUMUL and OSWALD CHAN in Hong Kong | chinadaily.com.cn | Updated: 2020-12-22 13:39 Share CLOSE A ribbon-cutting ceremony at the World Chinese Economic Summit on Dec 21 signals a new beginning for 2021 after the pandemic-hit 2020. Photo provided to China Daily
Rethinking current business models and embracing full digitalization for smart manufacturing, logistics, property development and even tourism as the way forward will be vital in a post-COVID recovery world, according to industry leaders and experts at an economic summit.
They were speakingat the 2020 World Chinese Economic Summit held on Dec 21 in Kuala Lumpur, Malaysia, attended by a mix of participants online and offline. Throughout the day s events, panelists discussed China and the world s post-COVID new normal, enhancing connectivity and business cooperation in the Belt and Road Initiative,