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The late Cyrus Mistrys sons — Firoz (27) and Zahan (25) — have been appointed directors at one of two holding units of the currently reorganizing Shapoorji Pallonji (SP) Group, as the next generation takes on leadership roles. The group is recasting its businesses, under which it has reverted to its older family holding structures: SC Finance and SP Finance.
ABC Impact, Asia's leading impact private equity firm, is pleased to announce the successful first closing of its second impact fund, ABC Impact Fund II. Launched in August 2023, ABC Impact Fund II has garnered support from new investors, notably a Southeast Asian sovereign wealth fund. Bolstered by the track record of its inaugural fund, ABC Impact has also received significant backing from existing partners, including Temasek Trust, Temasek, SeaTown Holdings, and Mapletree Investments. Fund II
The Singapore MPA has selected the Pyxis Energy, Pyxis Maritime and SP Mobility partnership, Seatrium, and Yinson Electric to test their charging concepts
They were chosen among 12 proposals received by MPA Read more at straitstimes.com.
Concerns revolve around the mandatory prepayment clause, including coupon step-ups and utilising proceeds from the monetisation of assets like Afcons and Gopalpur Port.