Leonian Singapore Pte. Ltd. announced that it will receive SGD 58 million in an equity round of funding from existing investor Xebio Co., Ltd. on March 18, 2014. The investor will continue to hold 100% stake in the company after the transaction. The transaction is expected to close on March 31, 2014. The transaction was approved at the board of directors' meeting of the investor.


On March 31, 2014, Leonian Singapore Pte. Ltd. closed the transaction.