All News
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Thai AirAsia to IPO soon, tweets Tony Fernandez
AirAsia X plans to pursue an initial public offering (IPO) for its Thai arm after it restructure itself into a group holding company along the lines of affiliate AirAsia Group Bhd.
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Singapore’s Vouch Insurtech enters Thailand market as FairDee
Fairdee is the first startup approved by the Thai OIC to take part in the regulatory sandbox.
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Golden Equator Capital, Korea Investment raises US$88 million fund to invest in Southeast Asian startups
The average ticket size of the vehicle will be between US$1.5 million and US$3.7 million with potential for follow on investments.
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Revolution Precrafted closes US$460 million eco-resort deal in Brazil
Brazil will become the 16th international market for Revolution Precrafted, which has recently expanded to South and Central America, the Caribbean, Middle East, and Europe.
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3B Ventures sets up new US$60 million fund for impact investing in Southeast Asia
The Danish venture capital firm will target startups that are aiming to solve at least one of the 17 issues included in the United Nations Sustainable Development Goals.
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Thai billionaire increases stake ownership in Vinamilk to 21 percent
F&N Dairy Investments plans to purchase an additional 14.5 million shares to increase its stock ownership to 21 percent.
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Japan’s Taisho to increase stakes ownership in Vietnam-listed DHG Pharma to 32 percent
This will cement the Japanese pharmaceutical company’s position as the 2nd major shareholder in DHG Pharma.
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Singapore’s Anchanto raises US$4 million from MDI Ventures in ongoing Series C round
The SaaS technology company will use the funds to expand market outreach and establish a stronger presence in Southeast Asia.
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Online parenting platform Babytree applies to list on Hong Kong Stock Exchange
Babytree will use the IPO proceeds to fund expansion projects, research & development, as well as future investments including acquisition and strategic alliance.
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Singapore’s food court operator Koufu plans US$62.3 million on SGX Mainboard
Koufu plans to start trading on July 18th and use the proceeds to fund integrated facility, revamps, and growth.