Page 12 - Temasek News Today

Indonesia, Singapore move forward with solar power export plan Asia News Network (ANN) is the leading regional alliance of news titles striving to bring the region closer, through an active sharing of editorial content on happenings in the region.

TT Foundation Advisors (TTFA) is the new entity in charge of managing Temasek Trust’s philanthropic initiatives. This will be done through advising, optimizing, and potentially funding organizations. TTFA will align the goals and resources of Temasek Trust to maximize benefits for impact investing. Not all who work with TTFA will necessarily receive funds. They may…

Manipal Hospitals announces acquisition of 87% stake in Medica Synergie, expanding its reach in eastern India. The deal values at Rs 1,400 crore and will increase Manipal's bed count to 1,600 in Kolkata. Learn more about this strategic move in healthcare industry.

A round-up of top newspaper stories to keep you ahead of others.

Will back, build and buy out companies in India; focus is on investing in a small cohort of startups and own large stakes in them, says Arjun Sethi, cofounder, Tribe Capital

With the acquisition of Medica, Manipal facilities now serve 7 million patients yearly across 37 facilities in 19 cities throughout 14 states.

The federal and Queensland governments will invest close to $1 billion in PsiQuantum, a Silicon Valley startup founded by two Australians.

With Temasek's exit, Tata Play will operate as a 70:30 joint venture between Tata and Walt Disney.

The online pharmacy was last valued at $5.6 billion in 2021, followed by nearly 90 percent decrease in its valuation amidst debt repayment related challenges.

It is receiving a major funding boost of $836 million from the Australian government. Read more at straitstimes.com.