All News
-
Indonesian coal producer Bumi Resources to restructure debt, paring down US$ 2 billion via Preemptive Rights offering
PT Bumi Resources Tbk (BUMI) will issue new shares worth US$ 2 billion. The maneuver was carried out by Bumi Resources to repay its debt to China Investment Corporation along with eight other investors.
-
Singapore’s Senjo Group invests US$1.2 million in B2B startup Tjaara that is to launch in Middle East
Senjō Group announced that it has partnered with Tjaara, investing US$1.2 million in the Singapore-based B2B marketplace that connects small to medium-sized wholesalers to a network of Mandarin-speaking manufacturers.
-
Thai F&N to purchase 5.4% stake owned in Vietnamese major Vinamilk for US$500 million
F&N owned by Thailand’s richest man, Charoen Sirivadhanabhakdi is to acquire Vietnam Dairy Products JSC (Vinamilk) to expand its market share in Southeast Asia, against Coca-Cola and Pepsi.
-
Calcutta Angel Network and Appliyifi back startup Vehico for providing automobile IoT solutions
Vehico, an automobile IoT startup has received an undisclosed amount of angel investment from Calcutta Angel Network and Appliyifi, an online platform for startup investments.
-
Singapore private university, SIM to invest US$35.1 million to support entrepreneurs in Platform E
Singapore private university, SIM has a new initiative where it is investing US$35.1 million in a multi-pronged approach to encourage the building of new startups – in both an entrepreneurship programme, Platform E and funding…
-
NetEase, one of China’s biggest game companies is expanding into the Pork business
On a weekend late in November, NetEase, a technology firm providing online services made more than US$75, 000 by selling just three items – Jeju Black Pigs.
-
DataStreamX raises US$465k to help businesses buy and sell real-time data
DatastreamX, a Singapore-based online marketplace for buying and selling real-time data has raised US$456k for its pre-series A funding from venture capital firm Wavemaker Partners, JFDI and an undisclosed angel investor.
-
Bengaluru-based foodtech startup, Mr. Hot Foods raises seed funding via the IvyCamp platform
Bengaluru-based foodtech startup Mr. Hot Foods has raised an undisclosed amount in a seed funding round led by IvyCamp Ventures.
-
Vietnamese biggest brewer, Sabeco debuts on HOSE with shares jump 20 percent
Vietnamese biggest brewer producer, Sabeco has posted its shares on Ho Chi Minh Stock Exchange. Its share with an opening price of 110,000 dong has hit 132,000 (US$ 5.8) on the same day.
-
Malaysian Cradle Adds 6 New Partners And USD 3.26 Million To Fund Local Tech Startups
Malaysian Cradle held a press conference on Monday, announcing the addition of six new partners in their co-investment scheme as well as the reduction of funds allocated for 2017, from MYR 30 million to MYR…