vivian
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BEENEXT targets at least six investments in Indonesia in 2019
The venture capital firm is looking to tap new opportunities and entrepreneurial talent in the market.
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Singapore’s EuroSports raises US$1.5 million to accelerate development of electric motorcycle EST-X model
The funds were provided by its parent company EuroSports Global (ESG), in addition to a commitment of an additional US$3 million if conditions are meet.
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Singapore’s Thakral Corp enters JV Deal with UK Online Beauty Retailer CurrentBody
Thakral Corporation’s joint venture (JV) with Current Body is aimed at expanding its market in China.
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ESP Capital, Nextrans makes investment in social selling platform Ecomobi
Social selling platform Ecomobi has completed its second funding round from Vietnamese ESP Capital and South Korean Nextrans.
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Singapore Sovereign Wealth Fund GIC to divest Taiwan Shopping Mall in US$450 deal
GIC is selling the asset to a pension fund and local REIT at more than twice its 2008 purchase price.
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Malaysia’s fresh food e-tailer Fresh at Heart raises US$275K via Ata Plus
The startup plans to use the funding capital to expand its offline presence in urban areas and increase marketing efforts.
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Play Ventures raises US$22 million fund targeting gaming startups
Play Ventures is looking to invest both in game development studios and in startups that create tools related to video games.
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SPH REIT acquires 85 percent stake in Australian shopping center for US$124.5 million
SPH Reit is acquiring the property via Moelis Austhrough Figtree Holding Trust, a wholly-owned joint venture trust of SPH REIT Moelis Australia Trust.
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CVC to Explore US$1.8 Billion Sales of Malaysia-based Funeral Group Nirvana Asia
The deal for Asia’s largest funeral service provider is said to be worth between US$1.5 to US$2 billion.
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500 Startups Vietnam to launch US$100K investment accelerator programme in partnership with South Korean GS Shop
The new accelerator programme for 2019 has a total investment of US$100K, which will be used to support three batches of Vietnam-connected startups.