Daily Briefing: Far East Orchard acquires three British student dorms for $73m; Mobile app Tigerhall raises US$1.8m in seed funding

And personal data of over 800,000 blood donors leaked.

From DealStreet Asia:

SGX-listed Far East Orchard Limited said it has acquired three more British student dorms in Bristol and Liverpool for $73m (£55m) in cash.

The latest acquisition adds 622 beds to Far East Orchard’s British student housing footprint, giving it a total of 2,091 beds across eight properties.

The properties will be managed by an operator that is already managing the property player’s other student housing properties in Newcastle. Far East informed the Singapore Exchange that the latest acquisition will allow it to continue expanding and diversifying its student housing portfolio into established university cities with large full-time student populations.

The company said it is on track for its goal of 3,000 beds by 2023.

Read more here. 

From e27:

Tigerhall, Singapore-grown knowledge sharing mobile app, has secured US$1.8m in seed funding from investors like US-based strategic learning firm WDHB Inc, Singapore-based asset management firm Paladigm Capital, and a private investor who’s a senior banking executive in Singapore.

Tigerhall said it will use the funding to aim its target at the higher education sector.

The platform was launched on February 21st, founded by former leading sales and marketing recruiter for Michael Page International Singapore Nellie Wartoft. After her four years stint ended, Wartoft decided to form Tigerhall noticing the gap in people’s soft skill that caused them the job.

Read more here. 

From Yahoo News SG:

The private information of more than 800,000 blood donors in Singapore was put online without authorisation by a Health Sciences Authority (HSA) vendor.

The database contained information such as name, NRIC, gender, blood type and dates of blood donations and did not contain other sensitive, medical or contact information, the HSA said in a statement on Friday (15 March).

The authority said preliminary findings show that a cyber security expert discovered the vulnerability and alerted the Personal Data Protection Commission on Wednesday.

HSA then contacted the vendor, Secur Solutions Group (SSG), to disable access to the database, and made a police report.

It noted that the cybersecurity expert had told the HSA that he does not intend to disclose the data that he had accessed, and is working with the agency to delete the information.

Read more here.