Enterprise
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Axiom Asia Private Capital closes new Asian fund-of-funds at US$1.03 billion
Axiom Asia Private Capital announced the final close of its fourth private equity fund of funds, Axiom Asia IV, at US$1.03 billion.
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Australian media tech firm Isentia Group buys China Newswire to grow distribution business in Asia
Isentia, a content distribution and media analytics technology company based in Sydney, Australia announces the acquisition of Shanghai-based China Newswire.
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Samsung NEXT launches US$150m venture fund targeting AI, VR and IoT startups
Samsung has announced its intention to invest in seed to Series B stages within virtual reality, artificial intelligence, and IoT space via Samsung NEXT, a US$150 million venture capital fund.
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China’s New Century Healthcare targets US$129 million in Hong Kong IPO
China New Century Healthcare is looking to raise up to US$129 million in an IPO at the Hong Kong Stock Exchange this month. The trading of the company’s share will begin on January 18.
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Israel’s Yozma Group to invest US$ 41.4 million in Korean biotech startups
Israel’s leading venture capital firm Yozma Group is entering the global markets, investing US$42.1 million in Korean startups through a fund named “Yozma Group – Daesung Private Equity Inc” which is slated to begin in…
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Chinese online gaming firm G-bits Network Technology raises US$138 million in IPO
Backed by IDG Capital, Fortune Capital and the direct investment arm of Ping An Insurance, Chinese online gaming firm G-bits Network Technology has completed its IPO on the Shanghai Stock Exchange, raising an amount of…
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SATS to acquire 10% stake in Evergreen Sky Catering Corp for US$22.3 million from Malaysia Airlines
Singapore-listed SATS has entered into a conditional share sale agreement with Malaysia Airlines to acquire a 10 percent stake in Evergreen Sky Catering Corporation (ESCC) for RM100 million (about US$22.3 million).
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VinaCapital and partners to open US$4 billion Vietnam casino project in 2019
Vietnamese real estate investment and development firm VinaCapital Group to open a US$4 billion integrated tourism and leisure destination – operate under the name Hoiana and the property’s first phase will open in early 2019.
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Singapore unicorn Garena in talks for US$1 billion IPO listing in the US
Garena Interactive Holding Ltd., a Singapore-based unicorn is reportedly going ahead with an initial public offering in the United States that may raise US$1 billion, according to Wall Street Journal.
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EVISU buys back rights to China retail and franchise at US$40 million
EVISU Group Limited, a Japanese high-end denim brand, has announced today that it has bought back the retail and franchise rights for the Chinese market at a price tag of US$40 million.
