All News
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Singapore’s seed stage investor SeedPlus raises an oversubscribed first seed stage fund at US$18 million
Jungle Venture’s SeedPlus is an early stage vehicle and will focus on deals in Asia within the range of US$360K to US$720K.
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Daiwa to acquire 14.9 percent stake in stockbroker COL Financial
Japanese Daiwa Securities Group, Inc. is acquiring a stake in COL Financial Group, Inc.
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Shinhan Bank to acquire ANZ’s retail business in Vietnam
ANZ has finally gained exit of its Vietnamese retail business, selling it off to Shinhan Bank Vietnam, a Korean financial services group.
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Thailand’s Food Capitals acquires restaurant operators, Osha Group and G Enterprise for US$11.6 million
Food Capitals operates The Coffee Bean & Tea Leaf, Domino’s Pizza and Korean fried chicken restaurant chain Kyochon.
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Buruda Concert creates an Airbnb for matching musicians with concert venues
Buruda Concert is a website solely dedicated to directly connecting musicians with live music venues and fans to create special concerts in and around Korea.
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Malaysian fast fashion brand NOSE to demerge from iFashion
iFashion is a leading venture platform company focused on investing and acquiring fashion and lifestyle e-commerce ventures based in Southeast Asia.
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CIP to divest 65 percent stake in LMG Chemicals, its manufacturing and distribution subsidiary
CIP has long been attempting to sell the shell company of LMG.
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P&G partners EDB to launch US$100 million digital innovation centre in Singapore, its first outside US
P&G and EDB will set up an e-center in Singapore to boost digital capabilities and strengthen partnerships with SMEs to co-develop new solutions.
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AirAsia takes 50 percent stake in travel curator Touristly for US$2.6 million
Touristly will have the opportunity to tap into the AirAsia’s regional network, and monetize AirAsia’s 60 million flyers.
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StanChart PE to join Loc Troi Group’s Board of Directors
Loc Troi Group is the leading distributor and manufacturer of crop protection chemicals (CPC) in Vietnam.