Enterprise
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Global Brain launches US$175 million sixth fund
At the annual Global Brain Alliance Forum, founder and CEO Yasuhiko Yurimoto has announced the creation of a sixth fund to be valued at Us$175 million. The fund made its first close at US$130 million,…
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Warburg Pincus-backed D&J China launches US$1.45 billion industrial park fund with AVIC Trust
Warburg Pincus-backed integrated business park and suburban office operator – D&J Industrial Property Investment Ltd has launched a RMB10 billion (about US$1.45 billion) fund with AVIC Trust to invest in China’s industrial infrastructure.
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Singapore Ruvento Ventures raises US$25 million seed funding to invest in hardware startups from Singapore, China, and the United States
Ruvento is announcing a new US$25 million seed fund for hardware startups in need of capital from Singapore China and the United States.
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Temasek Holdings to take stake in Oxford Sciences Innovation
Temasek Holdings Pte, Singapore’s state-owned investment fund, said it has become a limited partner in Oxford Science Innovation. The financial terms of the investment were undisclosed.
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JP Morgan Arm to invest US$ 30 million in Assetz Property Group
JP Morgan Asset Management invests Rs 200 crore (about US$ 30 million) in Assetz Property. The capital will be used to build an 18.5 acre residential project in north Bangalore.
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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.
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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.
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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…
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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$75, 000 by selling just three items – Jeju Black Pigs.
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Vietnamese biggest brewer, Sabeco debuts on HOSE with shares jump 20 percent
Vietnamese biggest brewer producer, Sabeco has posted its shares on Ho Chi Minh Stock Exchange. Its share with an opening price of 110,000 dong has hit 132,000 (US$ 5.8) on the same day.
