Summary: SeaTown Holdings, indirectly owned by Temasek, is investing up to S$115 million in AddVita, a Singapore healthcare and life sciences firm. The investment aims to support AddVita’s growth strategy, which involves organic expansion and acquisitions of small and medium-sized distributors in the region. This investment aligns with SeaTown’s focus on the healthcare sector, which is seen as resilient and with strong growth potential in Southeast Asia.

Link: https://www.businesstimes.com.sg/companies-markets/temaseks-seatown-invest-s115-million-singapore-healthcare-firm-addvita