Investment
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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 Digital Lender AsiaKredit to secure funding from SIG Asia
The investment will be used to fund loan capital as well as to enhance its proprietary technology platform, underwriting and the development of new products.
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JLL and Lendlease launches proptech accelerator Propell Asia
Propell Asia will be a regional accelerator focusing on property technology (proptech) startups in Southeast Asia.
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Vietnam’s Soy Beverage Startup Soy Garden wins US$880k from Egroup and partnership with Mr Bean Group
After a successful presentation at Shark Tank, Soya Garden secures US$880k investment from Egroup with its project to bring new experiences to consumers with healthy soy-based products.
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AEC Securities to invest in Singapore’s Doctor Scheduling and Healthcare News Portal GetDoc
The investment from AECS comes after GetDoc’s announcement regarding its US$1.6 million funding to expand in Thailand
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500 TuksTuks to raise US$20 million for second vehicle
The investment vehicle is launched with the aim of backing 150 startup ventures – including one prized startup that has garnered unicorn status.
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Mekong Capital to invest in Vietnam Mattress and Bedding Solution Vua Nem JSC
Vua Nem distributes products of famous brands in and outside the country such as Tempur (USA), Dunlopillo (UK), Inoac Aeroflow (Japan), and more.
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Validus Capital partners Lighthouse Canton Group to set up US$15 million SME fund
Validus Capital also aims to raise its Series B in the near future to expand regionally and build a machine and AI technology to identify and underwrite small businesses.
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IFC may extend US$120 million loan to Temasek-backed Olam International
Olam is a leading agribusiness operating across the value chain in 70 countries.
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Dymon Asia PE to close second Southeast Asia fund at US$450 million
The new fund has attracted a large contingent of international investors including sovereign wealth funds, insurance companies and banks, family offices and professional asset managers.
