Temasek-Backed SeaTown and Lim Create Enticing in Tech Providers Company Skyform

0 4 1 minute read

SINGAPORE (Reuters) – Asia-focused exchange investment agency SeaTown Holdings Global stated on Wednesday it had partnered with Singaporean tech investor and entrepreneur Lim Yuan En to space up an challenge technology services firm known as Skyform. SeaTown, a unit of Singapore assert investor Temasek’s asset management arm Seviora, stated every parties would aid Skyform with a capital commitment of up to S$100 million ($74 million), in step with a joint assertion. Singapore-headquartered Skyform will pursue enhance by acquiring and scaling up challenge technology services firms in Asia Pacific, the assertion stated. The constructing of Skyform aligns with SeaTown’s plot of “focused on industries with fine financial profiles and resilient enhance”, the assertion added. Skyform founder and CEO Lim most recently co-led Southeast Asia recount buyouts at Switzerland-primarily based utterly global non-public markets investor Companions Community, in step with the assertion.

($1 = 1.3461 Singapore dollars)

(Reporting by Yantoultra Ngui; Modifying by Brand Potter)

Be taught More

marketwatchinvestor Team 2 weeks ago

0 4 1 minute read