Sharon Lim

The Hong Kong-headquartered private equity firm has invested $10 million in a battery manufacturer based in the southern China province of Fujian.

The Enterprise Fund has so far raised S$35 million and expects to hold a final close before the end of the year.

The Hong Kong-based private equity firm is aiming for a spring second closing of its third fund, GEMS Fund III.

Temasek Holdings and Siam Commercial Bank (SCB) have led a group of investors in acquiring a 49.6% stake in Thailand’s Shin Corp for $1.87 billion.

The private equity arm of Standard Chartered Bank has paid $70 million for a 45 percent stake in Megabox Cineplex.

The investment arm of the government of Singapore has partnered with Istithmar to take a stake in Bumrungrad Hospital Public Company.

The Hong Kong-based firm has already committed 55 percent of its $338 million ADM Maculus Fund II fund and will raise a third fund this year.

2005 has been hailed as the best ever in Asian private equity, according to a new survey.

Standard Chartered Private Equity, the private equity arm of Standard Chartered Bank, invested $20 million in the Singapore-based supplier of customised rubber products.

Lone Star and Commerzbank are poised to exit from Korea’s fifth-largest lender in a highly profitable move that has been anticipated since late last year.