South East Asian Strategic Assets Fund Exits Cheras-Kajang Highway in Malaysia

The South East Asian Strategic Assets Fund L. P. (SEASAF), advised by Capital Advisors Partners Asia Pte Ltd (CapAsia), a private equity fund management company specialising in infrastructure investment in Southeast Asia, today announced it has completed the divestment of its 35% equity interest in Cerah Sama Sdn Bhd, which is the investment holding company of Grand Saga Sdn Bhd, the concession holder that owns and operates the 11.5KM Cheras-Kajang Highway in Malaysia to TEI Sdn Bhd, a joint venture between Taliworks Corporation Berhad and the Employees Provident Fund Board of Malaysia.

Monster Announces Pricing of $125 Million Offering of Convertible Senior Notes Due 2019

Monster (NYSE:MWW) today announced the pricing of an offering of $125 million aggregate principal amount of its convertible senior notes due 2019 (the “notes”) in a private placement to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the “Act”). Concurrently with the pricing of the notes, Monster entered into a capped call transaction with an affiliate of one of the initial purchasers. The sale of the notes is expected to close on October 22, 2014, subject to customary closing conditions.

ExxonMobil Announces New Projects to Expand Specialty Hydrocarbon Fluid Production

ExxonMobil Chemical is increasing production of its high performance hydrocarbon fluids by about 10 percent through expansion projects at its Singapore and Antwerp facilities. The additional capacity, designed to meet rapidly expanding global demand for hydrocarbon fluids and extend the company’s worldwide supply capability, will begin producing by mid-2015 and be complete in 2016.

TransRe Receives License For Singapore Branch Office

Paul Bonny, TransRe’s President of Europe & Asia Pacific said, “Over the past 35 years we have built our global network of offices to better serve local insurers and brokers by combining local knowledge and relationships with global experience and insights. Asia’s insurance growth and market penetration continues at an incredible pace and Singapore is ideally positioned as a reinsurance center. I am confident our new office will help us build on our existing relationships in the region.”