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I Squared Capital’s BDx moves HQ out of Hong Kong

Data centre operator Big Data Exchange (BDx), backed by investor group I Squared Capital, said it will relocate the company's global headquarters from Hong Kong to Singapore this coming April. With this relocation, the company added it will triple its investments in its data centre and cloud managed services footprint in Singapore and increase its Singapore-based regional w...

Singapore’s SpaceDC expands into China

Singapore data centre player SpaceDC has entered into a partnership with Centrin Data Systems to sell services in China and help finance expansion in the country. China remains a highly investable market for many financial services industries, having seen its biggest growth in China in 2021, as stated in the Goldman Sachs report, Global Marco Research. To that extent, Sp...

GLP files for US IPO, targets $2bn, but war in Ukraine could derail plans

Singapore’s real estate developer and asset manager Global Logistic Properties Pte (GLP) has silently filed for a US IPO of its investment business with a target to raise US$2 billion. According to people familiar with the matter, the group is planning to list its fund management operations as soon as the first half of this year, Bloomberg reported. The sources said th...

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