Heliconia Capital Management

Disruption and Digitalisation

Massage chair tycoon seeks Singapore bank license with partners

SINGAPORE (Nov 14): Ron Sim, founder of one of Asia’s largest massage chair makers, is in talks to partner with a unit of Temasek Holdings and other firms to bid for one of Singapore’s new virtual banking licenses, according to people familiar with th

Investing strategies

Temasek unit buys stake in Secretlab

(Aug 14): A unit of state investment company Temasek Holdings has invested in Secretlab, a Singapore-based maker of chairs for players of electronic games, to help drive growth.

Healthcare

HC Surgical wins $5 mil investment from Temasek's Heliconia

SINGAPORE (July 29): Temasek Holdings-owned Heliconia Capital Management is investing $5 million in Catalist-listed HC Surgical Specialists, to support the endoscopy chain’s regional expansion.

Blockchain

SGX and Temasek's Heliconia invest in next-gen capital markets platform

SINGAPORE (Nov 8): The Singapore Exchange (SGX) and Temasek Holdings’ subsidiary Heliconia Capital Management have invested in a new blockchain-based capital markets platform. The value of the investment was not disclosed.

Hot Stock

Asian Healthcare Specialists eyes $10 mil investment agreement with Temasek unit

SINGAPORE (Oct 16): Asian Healthcare Specialists (AHS) is proposing to issue $5 million in convertible bonds due in 2021 to Vanda 1 Investments at the conversion price of 25 cents per conversion share.

Temasek unit to consider investing with Health Management International

(Nov 30): After a 91% surge in its share price since 2016, Health Management International has gained an important new supporter – a unit of Singapore’s state investment firm.

Health Management Int'l rallies 91% and now Temasek is knocking

SINGAPORE (Nov 29): After a 91% surge in its share price since 2016, Health Management International has gained an important new supporter -- a unit of Singapore’s state investment firm.

Broker's Calls

Robust growth momentum keeps Health Management at 'buy'

SINGAPORE (Nov 16): Maybank Kim Eng is maintaining its “buy” call on Health Management International (HMI) with a target price of 80 cents, after the group’s 1Q18 core earnings came in line with expectations to make up 27% of the research house’s

Broker's Calls

Winds of change are blowing favourably for this healthcare stock

SINGAPORE (Nov 15): OCBC Investment Research is ceasing coverage on Health Management International (HMI) due to an internal reallocation of its resources.

IPO

HRnetGroup launches $174.1 mil IPO at 90 cents per share

SINGAPORE (June 8): Local recruitment firm HRnetGroup has lodged a prospectus for an initial public offering (IPO) to raise $174.1 million for 193.4 million shares, at an offer price of 90 cents per share.
×