Timah Partners’ S$60 million umbrella debt facility designed specifically for SME acquisitions at scale was covered by Lianhe Zaobao, Singapore’s leading Chinese-language daily, which framed the raise against the succession problem facing local SMEs. The story also reported Timah’s plan to complete between three and 10 acquisitions over the next three to five years, with the facility provided by UOB, RHB Bank and Genesis Alternative Ventures.
Read more on Lianhe Zaobao (in Chinese)