Kai Yun Tan has joined the law firm from WongPartnership.

The logistics and real estate business, which has operations in Singapore and Japan, raised S$1.2bn on the main exchange but listed in a difficult week for equities amid war in the Middle East.

The ChatGPT maker will commit more than $234m to support the city-state’s national AI strategy, alongside collaborations with Google and Nvidia; in addition, AMD is investing $10bn in Taiwan’s AI infrastructure and AI has boosted Lenovo's revenues.

Eric Tan has moved to the global law firm from Ashurst in Hong Kong; Hogan Lovells is rebranding in July following a merger.

Singapore’s equity market is stirring, but success now hinges on moving beyond the structural reset to solve the harder, "stubborn" gaps in research depth, corporate behaviour, and retail participation; MAS has warned "there's much work ahead".

Philip Lee has joined the global law firm from DLA Piper's financial services practice with a team of three.

Advancing its portfolio rejuvenation strategy, CLAR is expanding its logistics and business space presence in Singapore while marking a strategic entry into the Japanese hyperscale data centre market with three DPU-accretive transactions.

Final orders were over S$2bn allowing UOB to upsize from its original S$500m benchmark; there was participation from 96 investors with 26% outside of Singapore.

Hyundai-backed Sylvan Group is partnering with SK Innovation to invest $300m to scale a hydrogen transport business in South Korea; the plan is to support 6,000 buses by 2029.