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Temasek Holdings-backed investment firm invests $74 million in advanced manufacturer Hi-P

Advanced manufacturing services provider Hi-P has received a S $100 million (US $74.10 million) investment from Temasek Holdings-backed 65 Equity Partners. The capital injection is made through the Local Enterprise Fund, where Hi-P and 65 Equity Partners will focus on new strategic priorities and leadership succession to accelerate growth and sustainability.