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2025-06-09 04:44:59 -

TechMerger, SoutheastAsiaEconomy, RideHailing, DigitalTransformation, RegulatoryChallenges,
Singapore’s state investment firm Temasek Holdings has announced that former minister Teo Chee Hean will join its Board of Directors as Deputy Chairman on July 1, and succeed Lim Boon Heng, to become its fifth Chairman, on October 9, after the conclusion of its third-quarter board meeting this year. The firm said in a statement on Friday that as part of its board renewal process, Cheng...

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2025-06-09 04:43:18 -

Indonesia’s wealth fund Danantara weighs role in $7B Grab-GoTo deal
Indonesia’s sovereign wealth fund Danantara is considering a role in Grab Holdings Ltd’s planned $7 billion acquisition of GoTo Group, potentially allowing the country’s government to own a slice of an Asian internet powerhouse, Bloomberg reported on Friday. Danantara has started preliminary discussions with GoTo to acquire a minority stake in a combined entity, according to...

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