singapore

The Taiwan-listed fibre optic and data cable manufacturer will buy the Singapore-headquartered ICT business using cash and Citi financing to strengthen its data centre infrastructure capabilities amid surging AI demand.

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.

The Singapore law firm is reorganising into four specialist verticals, betting that sector depth will win mandates as wealth conflicts, crypto cases and cross-border enforcements increase across Asia.

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.

Singapore-based Indran Thana is joining in June from UBS.

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 investment banking advisory firm has strengthened in Singapore as secondaries activity gathers pace across the region; Hart previously worked at Adams Street Partners.

Singapore's ST Telemedia Global Data Centres has 2.3GW of design capacity across 12 markets in Asia Pacific, the UK and Europe; it is the largest ever data centre deal in SEA.

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