Finance
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Malaysian venture capital firm TinkBig to launch US$30 million fund
Malaysian venture capital firm TinkBig Venture is seeking for potential startups to be part of their US$30 million investment that is said to launch towards the end of 2017. As for details about TinkBig’s investment…
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China-based tech corp Kuang-Chi launches US$250 Global Tech Fund
Shenzhen-based Chinese technology firm Kuang-Chi Group announced on Wednesday the launch of a US$250 million fund to invest in global technology companies.
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Bank of Jiujiang seeks to raise US$500 million IPO in Hong Kong
Bank of Jiujiang Co., a lender in eastern China’s Jiangxi province, is planning to raise US$500 million IPO in Hong Kong. The potential listing is slated to begin in the second half of 2017.
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Indian Aurobindo Pharma acquires Portugal’s Generis for Rs 970 crore in a bid to boost margins in Europe
Aurobindo Pharma has inked the binding agreement, through its wholly-owned subsidiary Agile Pharma BV of Netherlands, to acquire Generis Farmaceutica SA from Magnum Capital Partners for a total consideration of 135 million euros.
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Hathway Cable Unit GTPL Hathway files papers for IPO to raise US$45 million
Multi-system (MSO) GTPL Hathway, a subsidiary unit of Hathway Cable & Datacom Ltd has filed for a Rs 300 crore IPO (approximately US$45 million) which proceeds will be used to reduce debt. Hathway’s IPO will…
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Tiger Brokers raises US$29 million Series B funding round backed by CITIC Goldstone, Huagai Capital
Beijing-based online brokerage company, Tiger Brokers Co has raised up to 200 million yuan (about US$29 million) in a Series B funding round participated by Citic Goldstone Management Co Ltd, and Huagai Capital.
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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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Japan’s Outsourcing Inc acquires German Orizon Holding for US$85.2 million
Japanese-listed corporate Outsource Inc has acquired the full stake in German temporary work recruitment agency Orizon Holdings for US$85.2 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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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.
