EQT Private Capital Asia agrees .1bn deal for PropertyGroup Guru; buys Korean recycler and seeks .5bn fundraise | FinanceAsia

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PropertyGuru Group ( PropertyGuru), a leading property technology company in Southeast Asia ( SEA ), has been acquired by Hong Kong-based EQT Private Capital Asia for$ 1.1 billion in cash.

TPG ( through TPG Asia VI SF and TPG Asia VI SPV, in its capacity as general partners of TPG Asia VI Digs ), which owns around 26.5 %, and KKR ( through Epsilon Asia Holdings II ), which owns around 29.6 % of the business. In order to help the bargain, both companies have entered into voting and aid contracts with the business and EQT Private Capital Asia. &nbsp,

PropertyGuru’s board of directors, acting upon the advice of a particular commission, unanimously approved the deal and recommends acceptance of the acquisition by PropertyGuru’s owners, according to an August 16 news.

The offer is equal to$ 6.70 per share and represents a 52 % premium to PropertyGuru’s closing share price on May 21, 2024, the last unaffected trading day prior to media speculation regarding a potential transaction, and a 75 % and 86 % premium to the company’s 30-day and 90-day volume-weighted average share price, respectively, for the period ending May 21, 2024, the announcement said. &nbsp,

The deal is expected to close in Q4 2024 or Q1 2025, subject to final problems, including acceptance by PropertyGuru’s shareholders and certificate of regulatory approvals.

Upon completion of the transaction, PropertyGuru’s shares will no longer trade on the New York Stock Exchange ( NYSE), and PropertyGuru will become a private company. PropertyGuru’s office will be in Singapore.

 

Freshfields Bruckhaus Deringer acted as the unique committee’s legal counsel, and Moelis &amp, Company is its financial consultant. Ropes &amp, Gray serves as EQT Private Capital Asia’s legal advisor, and Morgan Stanley Asia ( Singapore ) serves as its financial advisor. Latham &amp, Watkin is KKR and TPG’s legal advisor, and JP Morgan Securities Asia Private is their financial director.

 

PropoertyGuru Group has a consolidation program with members of BPEA Private Equity VIII, a purpose-driven international investment company, in order to have the business acquired by EQT Private Capital Asia. &nbsp,

 

Development potential&nbsp,

 

The firm was founded in 2007 by Steve Melhuish and Jani Rautiainen, and provides online property markets for home seeking, real estate agents, home developers, banks and brokers across Singapore, Malaysia, Vietnam and Thailand. In a special purpose acquisition ( SPAC ) agreement with Bridgetown 2 Holdings, which Richard Li and Peter Thiel supported, PropertyGuru was listed on the NYSE in March 2022 and raised$ 254 million. &nbsp,

Hari Krishnan, chief executive officer &amp, managing director, PropertyGuru, said in a statement,” We are pleased to embark on this new chapter with EQT. This agreement comes after decades of transformative growth, which TPG and KKR have supported, making us the industry’s top proptech platform.

Krishnan added:” As we continue to innovate and provide value to our consumers, customers, and stakeholders across the place, EQT’s international experience in building marketplaces and commitment to sustainable development will further improve our perception to power communities to live, function, and thrive in tomorrow’s cities”.

” PropertyGuru has firmly established itself as the leading property market system in Lake, and we are deeply impressed by the strong base it has built over the past 17 years as well as with its brilliant team,” said Janice Leow, partner in the EQT Private Capital Asia consulting team and head of EQT Private Capital SEA.

Leow continued,” We think our offer strategically positions PropertyGuru to fully exploit its long-term growth potential while offering shareholders compelling value and certainty.” With EQT’s significant experience in the technology, online classifieds and marketplace sectors, we aim to further strengthen PropertyGuru’s platform, driving enhanced innovation and deeper engagement with its consumers, customers and stakeholders”.

Buys Korean recycler, seeks$ 12.5bn raise

For an undisclosed sum, EQT Infrastructure VI purchased a KJ Environment from Genesis Private Equity. According to a media release, the goal is to establish” a sclaed and diversified end-to-end waste treatment scheme platform focused on plastic recycling and waste-to-energy in South Korea.” &nbsp,

KJ Environment works across recyclable waste sorting, plastic recycling and waste-to-energy. It has locations in the Greater Seoul Metropolitan Area, which provide services to catchment areas that account for more than 50 % of the nation’s GDP and population.

The purchase is EQT’s second infrastructure investment in South Korea.

In the release, Sang Jun Suh, a partner in the EQT infrastructure advisory team, stated,” We look forward to using EQT’s extensive experience investing in sustainable waste and recycling solutions across geographies, combined with our strong local footprint and industrial network, to help KJ Environment become a true market leader in the waste treatment space.

The business strengthens EQT’s track record of supporting infrastructure companies in the Asia Pacific region by extending its global portfolio of businesses that engage in waste-related business. Since 2020, EQT Infrastructure has invested €5 billion ($ 5.52 billion ) of equity, including co-investment, in Asia Pacific companies. Around 11, 000 people work the portfolio managed by EQT’s infrastructure team in Asia Pacific.

The transaction is subject approvals and&nbsp, is expected to close in Q4 2024. EQT was advised by JP Morgan on financials, Kim &amp, Chang for legal, and PwC for financial and tax.

With this transaction, EQT Infrastructure VI is expected to be 45-50 % based on target fund size and subject to customary regulatory approvals.

Meanwhile, EQT is looking to raise around$ 12.5 billion for EQT Private Capital Asia’s BPEA Private Equity Fund IX.

 

¬ Haymarket Media Limited. All rights reserved.

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Pakistan denies slowing internet by building firewall

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In: Asia

Pakistan’s government has refuted states that it is building an online network, which has caused agonizingly slower connections in recent days.

Instead, it blamed the widespread use of secure connections or VPN (virtual private networks) for the crawling speeds.

Business organizations were quick to point out that poor communication could cause a “mass emigration” of IT companies.

Shutting down the computer to stifle opposition is a well-known ploy in the scripts of the government of Pakistan and different parts of Asia.

Since the riots sparked by former prime minister Imran Khan last year, the government has blocked social media platforms and throttled connection speeds as the battle for public support spilled over from the streets to the digital space.

The micro-blogging platform X has been blocked since the February elections due to “national security” concerns.

Mr Khan’s group supporters are big clients of X and he is the most common Pakistani on the platformn, with nearly 21 million followers.

However, Shaza Fatima, the minister of state for information technology, claimed on Sunday that the condition was not responsible for the latest thawing.

She claimed that her group has been “working hard” with telcos and internet service providers to solve the problem.

Ms Fatima said a “large people” had been using VPNs and” this strained the system, causing the computer to get slow”.

She criticized” completely misleading” claims that the position was to blame for the slow connections.

But, Ms. Fatima claimed that the government has been upgrading its computer systems to enhance cyber security.

” It is the right of the government to]take such measures ] given the cyber security attacks that this country has to go through”, she said.

Company leaders and organizations have been warned that sluggish links may threaten Pakistan’s ability as a leader in the world of business.

The Pakistan Software Houses Association said this could cost the IT sector up to$ 300 million, calling it a “direct, tangible and aggressive assault on the industry’s viability”.

If no fast and decisive action is taken,” a mass exodus of IT organizations is not just a chance but an immediate truth,” it said.

According to a plea that the Islamabad High Court has filed, the online access is now a fundamental right under the constitution of Pakistan.

BBC Urdu provided more monitoring.

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EQT Private Capital Asia agrees .1bn deal for PropertyGroup Guru; buys Korean recycler and seeks .5bn fundraise | FinanceAsia

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In: Asia, Finance, South-East Asia

PropertyGuru Group, a leading property technology company in Southeast Asia ( SEA ), has been purchased by Hong Kong-based EQT Private Capital Asia for$ 1.1 billion in cash.

In support of the merger, TPG ( through TPG Asia VI SF and TPG Asia VI SPV, in its capacity as general partners of TPG Asia VI Digs ), and KKR ( through Epsilon Asia Holdings II ), have entered into voting and support agreements with the business and EQT Private Capital Asia.

PropertyGuru’s board of directors, acting upon the advice of a particular commission, unanimously approved the deal and recommends acceptance of the acquisition by PropertyGuru’s owners, according to an August 16 news.

The offer is equal to$ 6.70 per share and represents a 52 % premium to PropertyGuru’s closing share price on May 21, 2024, the last unaffected trading day prior to media speculation regarding a potential transaction, and a 75 % and 86 % premium to the company’s 30-day and 90-day volume-weighted average share price, respectively, for the period ending May 21, 2024, the announcement said. &nbsp,

The deal is expected to close in Q4 2024 or Q1 2025, subject to final problems, including acceptance by PropertyGuru’s shareholders and certificate of regulatory approvals.

Upon completion of the transaction, PropertyGuru’s shares will no longer trade on the New York Stock Exchange ( NYSE), and PropertyGuru will become a private company. PropertyGuru’s office will be in Singapore.

 

Freshfields Bruckhaus Deringer acted as the unique committee’s legal counsel, and Moelis &amp, Company is its financial advisor. Ropes &amp, Gray is acting as legal counsel to EQT Private Capital Asia, and Morgan Stanley Asia ( Singapore ) is acting as financial advisor to the company. Latham &amp, Watkin is a legal advisor to KKR and TPG, and JP Morgan Securities Asia Private is their economic advisor.

 

PropoertyGuru Group intends to combine with members of BPEA Private Equity VIII, a purpose-driven international investment company, in order to allow EQT Private Capital Asia to acquire the business. &nbsp,

 

Progress potential&nbsp,

 

The company founded in 2007 and has a modern home platform across Singapore, Malaysia, Vietnam and Thailand. It was listed on the NYSE in March 2022 and raised$ 24 million through a Richard Li and Peter Thiel-backed special purpose acquisition ( SPAC ) deal with Bridgetown 2 Holdings. &nbsp,

Hari Krishnan, chief executive officer &amp, managing director, PropertyGuru Group, said in a statement,” We are pleased to embark on this new chapter with EQT. This agreement comes in the wake of centuries of transformative growth, which TPG and KKR have supported, making us the industry’s leading proptech platform.

Krishnan added:” As we continue to innovate and provide value to our consumers, customers, and stakeholders across the place, EQT’s international experience in building marketplaces and commitment to sustainable development will further improve our perception to power communities to live, function, and thrive in tomorrow’s cities”.

” PropertyGuru has firmly established itself as the leading property market system in Lake, and we are deeply impressed by the strong base it has built over the past 17 years as well as with its brilliant group,” said Janice Leow, partner in the EQT Private Capital Asia consulting team and head of EQT Private Capital SEA.

Leow continued,” We think our offer effectively positions PropertyGuru to fully exploit its long-term development possible while offering shareholders compelling value and certainty.” With EQT’s considerable knowledge in the technology, online classifieds and market sectors, we aim to further improve PropertyGuru’s system, driving increased innovation and deeper engagement with its consumers, customers and stakeholders”.

Buys Korean recycler, seeks$ 12.5bn raise

For an undisclosed sum, EQT Infrastructure VI purchased a KJ Environment from Genesis Private Equity. According to a media release, the goal is to establish” a sclaed and diversified end-to-end waste treatment scheme platform focused on plastic recycling and waste-to-energy in South Korea.” &nbsp,

KJ Environment works across recyclable waste sorting, plastic recycling and waste-to-energy. It has locations in the Greater Seoul Metropolitan Area, which provide services to catchment areas that account for more than 50 % of the nation’s GDP and population.

The purchase is EQT’s second infrastructure investment in South Korea.

” We look forward to utilizing EQT’s extensive experience investing in sustainable waste and recycling solutions across geographies, combined with our strong local footprint and industrial network, to help KJ Environment become a true market leader in the waste treatment space,” said Sang Jun Suh, a partner in the EQT infrastructure advisory team.

The Platform strengthens EQT’s global portfolio of businesses that conduct waste-related business and builds on its track record of supporting infrastructure businesses in the Asia Pacific region. Since 2020, EQT Infrastructure has invested €5 billion ($ 5.52 billion ) of equity, including co-investment, in Asia Pacific companies. Around 11, 000 people work in the Asia Pacific portfolio that is managed by EQT’s infrastructure team.

The transaction is subject approvals and&nbsp, is expected to close in Q4 2024. EQT was advised by JP Morgan on financials, Kim &amp, Chang for legal, and PwC for financial and tax.

With this transaction, EQT Infrastructure VI is expected to be 45-50 % based on target fund size and subject to customary regulatory approvals.

Meanwhile, EQT is looking to raise around$ 12.5 billion for EQT Private Capital Asia’s BPEA Private Equity Fund IX. &nbsp,

 

¬ Haymarket Media Limited. All rights reserved.

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EQT Private Capital Asia agrees .1bn deal for PropertyGroup Guru; seeks .5bn fundraise | FinanceAsia

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In: Asia, Finance, South-East Asia

PropertyGuru Group, a leading property technology company in Southeast Asia ( SEA ), has been purchased by Hong Kong-based EQT Private Capital Asia for$ 1.1 billion in cash.

In support of the merger, TPG ( through TPG Asia VI SF and TPG Asia VI SPV, in its capacity as general partners of TPG Asia VI Digs ), which owns around 26.5 %, and KKR ( through Epsilon Asia Holdings II ), which owns around 29.6 % of the firm, have entered into voting and support agreements with the business and EQT Private Capital Asia.

PropertyGuru’s board of directors, acting upon the advice of a particular commission, unanimously approved the deal and recommends acceptance of the acquisition by PropertyGuru’s owners, according to an August 16 news.

The offer is equal to$ 6.70 per share and represents a 52 % premium to PropertyGuru’s closing share price on May 21, 2024, the last unaffected trading day prior to media speculation regarding a potential transaction, and a 75 % and 86 % premium to the company’s 30-day and 90-day volume-weighted average share price, respectively, for the period ending May 21, 2024, the announcement said. &nbsp,

The deal is expected to close in Q4 2024 or Q1 2025, subject to final problems, including acceptance by PropertyGuru’s shareholders and certificate of regulatory approvals.

Upon completion of the transaction, PropertyGuru’s shares will no longer trade on the New York Stock Exchange ( NYSE), and PropertyGuru will become a private company. PropertyGuru’s office will be in Singapore.

 

Freshfields Bruckhaus Deringer acted as the specific committee’s legal counsel, and Moelis &amp, Company is its financial advisor. Ropes &amp, Gray is acting as legal counsel to EQT Private Capital Asia, and Morgan Stanley Asia ( Singapore ) serves as financial advisor to the company. Latham &amp, Watkin is KKR and TPG’s legal advisor, and JP Morgan Securities Asia Private is their financial director.

 

PropoertyGuru Group has a consolidation program with members of BPEA Private Equity VIII, a purpose-driven international investment company, in order to have the business acquired by EQT Private Capital Asia. &nbsp,

 

Progress potential&nbsp,

 

The company founded in 2007 and has a modern home platform across Singapore, Malaysia, Vietnam and Thailand. In a special purpose acquisition ( SPAC ) agreement with Bridgetown 2 Holdings, which Richard Li and Peter Thiel supported, it was listed on the NYSE in March 2022. &nbsp,

Hari Krishnan, chief executive officer &amp, managing director, PropertyGuru Group, said in a statement,” We are pleased to embark on this new chapter with EQT. This agreement comes after decades of transformative growth, which TPG and KKR have supported, making us the industry’s top proptech platform.

Krishnan added:” As we continue to innovate and provide value to our consumers, customers, and stakeholders across the place, EQT’s international experience in building marketplaces and commitment to sustainable development will further improve our perception to power communities to live, function, and thrive in tomorrow’s cities”.

” PropertyGuru has firmly established itself as the leading property marketplace platform in Lake, and we are greatly impressed by the solid foundation it has built over the past 17 times as well as its brilliant staff,” said Janice Leow, companion in the EQT Private Capital Asia advisory group and nose of EQT Private Capital SEA.

Leow continued,” We think our offer strategically positions PropertyGuru to fully exploit its long-term growth potential while offering shareholders compelling value and certainty.” With EQT’s significant experience in the technology, online classifieds and marketplace sectors, we aim to further strengthen PropertyGuru’s platform, driving enhanced innovation and deeper engagement with its consumers, customers and stakeholders”.

Buys Korean recycler, seeks$ 12.5bn raise

For an undisclosed sum, EQT Infrastructure VI purchased a KJ Environment from Genesis Private Equity. According to a media release, the goal is to establish” a sclaed and diversified end-to-end waste treatment scheme platform focused on plastic recycling and waste-to-energy in South Korea.” &nbsp,

KJ Environment works across recyclable waste sorting, plastic recycling and waste-to-energy. It has locations in the Greater Seoul Metropolitan Area, which provide services to catchment areas that account for more than 50 % of the nation’s GDP and population.

The purchase is EQT’s second infrastructure investment in South Korea.

Sang Jun Suh, a partner in the EQT infrastructure advisory team, stated:” We look forward to applying EQT’s extensive experience investing in sustainable waste and recycling solutions across geographies, combined with our strong local footprint and industrial network, to help KJ Environment become a true market leader in the waste treatment space.

The Platform strengthens EQT’s track record of supporting infrastructure companies in the Asia Pacific region by expanding its global portfolio of businesses that conduct waste-related business. Since 2020, EQT Infrastructure has invested €5 billion ($ 5.52 billion ) of equity, including co-investment, in Asia Pacific companies. Around 11, 000 people work in the Asia Pacific portfolio that is managed by EQT’s infrastructure team.

The transaction is subject approvals and&nbsp, is expected to close in Q4 2024. EQT was advised by JP Morgan on financials, Kim &amp, Chang for legal, and PwC for financial and tax.

With this transaction, EQT Infrastructure VI is expected to be 45-50 % based on target fund size and subject to customary regulatory approvals.

Meanwhile, EQT is looking to raise around$ 12.5 billion for EQT Private Capital Asia’s BPEA Private Equity Fund IX. &nbsp,

 

¬ Haymarket Media Limited. All rights reserved.

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PropertyGuru Group’s board agrees .1bn sale to EQT Private Capital Asia | FinanceAsia

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In: Asia, Finance, South-East Asia

PropertyGuru Group, a leading property technology company in Southeast Asia ( SEA ), has been purchased by Hong Kong-based EQT Private Capital Asia for$ 1.1 billion in cash.

In support of the merger, TPG ( through TPG Asia VI SF and TPG Asia VI SPV, in its capacity as general partners of TPG Asia VI Digs ), and KKR ( through Epsilon Asia Holdings II ), have entered into voting and support agreements with the business and EQT Private Capital Asia.

PropertyGuru’s board of directors, acting upon the advice of a particular commission, unanimously approved the deal and recommends acceptance of the acquisition by PropertyGuru’s owners, according to an August 16 news.

The offer is equal to$ 6.70 per share and represents a 52 % premium to PropertyGuru’s closing share price on May 21, 2024, the last unaffected trading day prior to media speculation regarding a potential transaction, and a 75 % and 86 % premium to the company’s 30-day and 90-day volume-weighted average share price, respectively, for the period ending May 21, 2024, the announcement said. &nbsp,

The deal is expected to close in Q4 2024 or Q1 2025, subject to final problems, including acceptance by PropertyGuru’s shareholders and certificate of regulatory approvals.

Upon completion of the transaction, PropertyGuru’s shares will no longer trade on the New York Stock Exchange ( NYSE), and PropertyGuru will become a private company. PropertyGuru’s office will be in Singapore.

 

Freshfields Bruckhaus Deringer acted as the unique committee’s legal counsel, and Moelis &amp, Company is its financial advisor. Ropes &amp, Gray serves as EQT Private Capital Asia’s legal advisor, and Morgan Stanley Asia ( Singapore ) serves as its financial advisor. Latham &amp, Watkin is KKR and TPG’s legal advisor, and JP Morgan Securities Asia Private is their economic director.

 

The PropoertyGuru Group intends to combine with members of BPEA Private Equity VIII, a purpose-driven international funding company, in order to be acquired by EQT Private Capital Asia. &nbsp,

 

Growth 

 

The company founded in 2007 and has a modern home platform across Singapore, Malaysia, Vietnam and Thailand. It signed a particular goal consolidation agreement with Bridgetown 2 Holdings, led by Richard Li and Peter Thiel, in March 2022 and was listed on the NYSE. &nbsp,

Hari Krishnan, chief executive officer &amp, managing director, PropertyGuru Group, said in a statement,” We are pleased to embark on this new chapter with EQT. This agreement comes in the wake of centuries of transformative growth, which TPG and KKR have supported, making us the industry’s leading proptech platform.

Krishnan added:” As we continue to innovate and provide value to our consumers, customers, and stakeholders across the place, EQT’s international experience in building marketplaces and commitment to sustainable development will further improve our perception to power communities to live, function, and thrive in tomorrow’s cities”.

” PropertyGuru has firmly established itself as the leading property market system in Lake, and we are deeply impressed by the strong base it has built over the past 17 years as well as with its brilliant group,” said Janice Leow, partner in the EQT Private Capital Asia consulting team and head of EQT Private Capital SEA.

Leow continued,” We think our offer carefully positions PropertyGuru to fully exploit its long-term development possible while offering shareholders compelling value and certainty.” With EQT’s considerable knowledge in the technology, online classifieds and market sectors, we aim to further improve PropertyGuru’s platform, driving increased innovation and deeper engagement with its consumers, customers and stakeholders”.

¬ Haymarket Media Limited. All rights reserved.

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Workers’ Party welcomes NDR 2024 policy shifts, calls for deeper reforms on singles buying BTO flats

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In: South-East Asia

WP’S Backup INSURANCE, PARENTAL LEAVE PROPOSALS&nbsp,

WP said it was in partnership with Mr Wong regarding the introduction of the new SkillsFuture Jobseeker Support system and that losing a job is severely destabilize workers and their people.

The new program provides temporary financial assistance of up to S$ 6, 000 for up to six months to decrease- and middle-class workers who involuntarily lose their jobs. &nbsp,

WP cited its 2016 plan paper, which recommended the use of a redundancy insurance program.

Its proposal&nbsp aims to lower the financial strain on those who are fired, give them more time to find suitable re-employment, and lessen the impact of employment on their families ‘ well-being and health.

The opposition group claimed that it reiterated the request in the resources debate for the 2023 election manifesto and in the manifesto for the 2020 general election.

Retrenched employees may receive a pay increase of 40 % of their last drawn pay for up to six months, according to WP’s manifesto.

The payout would be capped at S$ 1, 200 per month with a minimum payout of S$ 500 a month to benefit low-wage workers. After the first one, payouts may be contingent on the employee constantly looking for a new job or going through re-training.

WP added that its redundancy insurance program was “designed with a view to get primarily funded by workers ‘ rates while they are employed, rather than by citizens.”

The group applauded Mr. Wong’s statement that kids of children will receive an additional 10 weeks of shared left. &nbsp,

When the new shared parental left program is fully implemented on April 1, 2026, parents may have a total of 30 paid vacation days. &nbsp,

Referring once to&nbsp, its 2020 statement, the WP said its proposal&nbsp, enables families to 24 days of government-paid keep. It is split between mothers and fathers as they please, with a minimum of 12 months for the mother and four for the parents.

WP claimed that Mr. Chua, Sengkang GRC MP, and Associate Professor Jamus Lim, both from Singapore, had made this claim again during the April 2022 White Paper on Singapore Women’s Development.

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Snap Insight: Kallang precinct plans show sports will truly be front and centre at the hub

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In: South-East Asia

SUPPORTING SPORTING Qualities

Beyond the hardware, Mr. Wong’s speech regarding the need to improve the sport’s culture in Singapore, including through the President’s Challenge, where the community will been mobilized more to collaborate with the government to promote and support sporting talents, especially those from underprivileged backgrounds, was encouraging.

I look forward to seeing the President’s Challenge encourage greater assistance for players across all activities in the near future because President Tharman Shanmugaratnam was a proponent of activities in his junior and a former player in the combined schools soccer team.

In his speech, Mr Wong made a point to highlight that sports is n’t just about medals, but also about “grit and determination, doing your best and pushing your limits”, and having a “never-say-die” attitude, attributes that are important not just for sports but life in general, and success for a country in an increasingly complex and competitive world.

Additionally, he said he would help” all Singaporeans in achieving their wearing dreams.” In a Facebook post, Minister for Culture, Community, and Youth Edwin Tong outlined the plans for Kallang as a “hub for desires,” whether that means achieving a new federal document or spending quality time with family.

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Popular Japanese chain Gyukatsu Kyoto Katsugyu opening first outlet in Singapore this September

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In: South-East Asia

The gyukatsu here comes with several condiments, including Kyoto-style cake, new dish and onsen chicken, with a wet egg that serves as a dip. There’s even dashi soy sauce, sansho peppers water and a custom gyukatsu soup.

If you purchase the set meal, you get rice, cabbage, dark miso soup, spicy chili miso, onsen egg and Kyoto-style curry ( characterised by its mild taste and is heavier on vegetables and salads ).

Gyukatsu Kyoto Katsugyu’s first Singapore store opens in early September at 252 North Bridge Road,# B1-63/64, Raffles City Shopping Centre, Singapore 179103.

This article was first published in 8Days.

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Work It Podcast: Can burnout be self-inflicted?

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In: South-East Asia

Here’s an extract from the talk:

Gerald Tan:
But the strangest thing is, I did n’t experience burnout working for people then, but when I was doing my own business, working for myself.

We are so used to hearing people talk about stress and my manager, supervisor, the work, the society, correct? But for me, it did n’t come from there. When I was working for myself, next the stress started. &nbsp,

Tiffany Ang:
That’s something that people do n’t really talk about much, which is when you set out to be an entrepreneur, you have a mission where you’re so excited about it, you want to create something. However, people are unaware that business owners can also become exhausted. &nbsp,

Gerald:
I&nbsp, think businesses are very mad. We do extremely bad points to ourselves. I wrote about it some time ago, correct? That businesses, we may try to pack every minute with everything. We make an effort to fight every prospect because we are unsure of what it will lead.

We make an effort to give our best effort in everything we do, like we put in 100 % because we want to give a strong consideration of ourselves, especially in the early days. But then all of this requires a lot of time, dedication, work, determination, and a lot of ourselves. You give a lot of money to your job, but you soon realize you’re already running out. &nbsp,

Tiffany: 
Yeah, but what exactly is burnout?

Gerald:
Most of us mistake fatigue for simply being tired. Simply put, we are aware of what it is.

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Do clothing labels, strong showers, and tight shorts and bras make your skin itchy and red? Here’s why

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In: South-East Asia

WHAT ARE YOU ABLE TO Accomplish?

Try applying a body moisturiser or hydrocolloid outfitting to permit the wound to heal, advised Dr. Tan. ” The best way is to reduce the clothing brand manually”, she said. Patients who cut off the tag and apply a little hydrocolloid washing to further separate body from the remaining label bits” I have patients who cut off the label and paste a little hydrocolloid dressing.”

Fashion brands that have eliminated labels and have instead printed care instructions directly on the material itself may benefit from switching to lighter clothing and smooth underwear.

When unwarranted, the uncomfortable wheals tend to be self-limiting, resolving within 30 days but may last up to 24 hours, said Dr Wong. But, if you continue to sketch, it” can result in a violent period of scratching and itching known as the itch-scratch period”, he said.

Oral medications can help” to quicken recovery or avoid the occurrence of indicators” for about 40 % of patients who have severe itching that interacts with their daily lives, according to Dr. Wong. ” For those with blisters that continue to be persistent, despite treatment with medicines, we would recommend them to consult with a neurologist”.

According to Dr. Tan, oral medications like antibiotics or oral steroids may often be required if there is skin burning or a extra body infection.

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