vivian
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IFC to invest US$10.2 million in Vietnam agribusiness PAN Farm
IFC’s investments in PAN Farm will support its expansion of seed production and new export of flower and vegetable operations.
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NRF Singapore sets up Data Science Consortium and AI program with US$107 million investment for the next five years
Both initiatives are aimed to bring together the government, academia, research institutes and industry to develop artificial intelligence capabilities in frontier technologies.
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Kresna-backed M Cash Integrasi plans year-end IPO for business expansion
Last month, Kresna had acquired a 17.6 percent stake in digital kiosk firm M Cash Integrasi.
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Actis makes mandatory takeover offer for remaining GHL shares
GHL Systems minority shareholders are advised to reject Actis’s takeover offer.
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Bank of Ayudhya launches US$30 million venture capital fund, Krungsri Finovate to invest in fintech firms
Krungsri bank follows the footsteps of Siam Commercial Bank and Kasikorn Bank, joining the bandwagon for fintech investment.
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Indonesia’s pastry shop chain, The Harvest secures eight-digit investment from Falcon House Partners
The Falcon House Partners typically invest in the US$15 to US$20 million range.
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Digital payments firm ONGO to boost Myanmar’s cashless transactions
National Bank of Canada has acquired 22 percent of the company’s shareholding last week.
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Rework opens second coworking space in Kuningan, South Jakarta
Rework is also launching a mobile app that will complement the whole coworking experience.
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Japanese job-matching platform for science students, LabBase secures US$425K seed funding
The capital raised will be used to strengthen the platform’s system development process.
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Solar power firm Jinko Malaysia receives US$60 million investment from IFC
The capital raised will be used to support the firm’s technology investment as well as to fund related working capital for its existing production facilities in Penang.
