Daily Briefing: ARA sells stake in Cache Logistics Trust; FengHe Group leads $13.6 funding in sports tech firm PlayerMaker

And cloud-based corporate service provider Sleek clinched $6.78m funding.

From DealStreetAsia:

ARA Asset Management Ltd has sold its entire stake in Cache Logistics Trust, a Singapore-listed real estate investment trust (REIT), to Logos Property for an undisclosed amount, according to a company disclosure.

Cache Logistics Trust is managed by ARA Trust Management and the transaction will see ARA transferring its entire holding in both Cache and the manager to Logos, although ARA will retain control of the manager through Logos.

Daniel Cerf, CEO of ARA Trust Management Ltd, said in the disclosure that the transaction aims to “establish a best-in-class logistics real estate development and investment management partnership in the Asia Pacific region.”

The transaction, however, needs to satisfy certain conditions, including regulatory approvals, before it can be completed, Cerf said. Financial details of the deal and the stake involved were not disclosed but a Mingtiandi report said ARA Asset Management has agreed to sell its entire 10 per cent stake in Cache.

You're the reader we write for. You're also the person our partners want to reach.

If that sentence describes you — a founder, a C-suite, someone whose attention companies pay good money for — then you already understand why SBR works. We've spent twenty years earning the trust of readers exactly like you. Which is exactly what makes this an interesting place for your company to show up, too.

The ways it can show up are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The right fit depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If your company has something this audience should know about, we'd like to hear what you're working on.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia

Top News

30 One-Sentence Stories From People Who Have Built Better Habits

None of these stories are mine. They were sent to me by readers of Atomic Habits. My hope is that these examples will illustrate how real people are putting the book into practice. They will show you what people are actually doing to build good habits and break bad ones. And hopefully, they will spark some ideas for how you can do the same.

news conversion

SBR 5 Lorem Ipsum News 2 [8 May]

Lorem Ipsum is simply dummy text of the printing and typesetting industry. Lorem Ipsum has been the industry's standard dummy text ever since the 1500s, when an unknown printer took a galley of type and scrambled it to make a type specimen book. It has survived not only five centuries, but also the leap into electronic typesetting, remaining essentially unchanged. It was popularised in the 1960s with the release of Letraset sheets containing Lorem Ipsum passages, and more recently with desktop publishing software like Aldus PageMaker including versions of Lorem Ipsum.

SBR 4 Lorem Ipsum [8 May Top Stories]