Investment
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Myanmar’s MTG DC to invest US$24 million in telecom tower business
Myanmar MTG DC aims to expand its service to sell the service of highspeed VSAT broadband and GSM backhaul by March 2018.
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JustCo, Gunung Sewu to form co-working space joint venture
The joint venture’s first coworking space at Sequis Tower, Jakarta is slated to open next July.
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Rakuten partners Techstars to launch its first accelerator program in Singapore
Rakuten accelerator will be hosted in Singapore as the location for Rakuten’s Asia regional head office.
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InterVest, Kejora near to closing US$100 million venture fund
This Southeast Asia fund from InterVest and Kejora Ventures is aimed to help South Korean startups expand to the Southeast Asian region.
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Rockstart Impact to kick off its first accelerator program in Myanmar
Rockstart Impact is an accelerator programme that focuses on developing countries in Southeast Asia.
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WatchBox receives investment by CMIA Capital Partners to extend international influence
WatchBox is an international e-commerce platform for buying, selling, and trading pre-owned luxury watches.
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Thai Gulf Energy to invest US$4.6 billion in Southeast Asia power plants
Gulf Energy to raise US$733 million – the biggest Thai Corporate IPO in over a decade.
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IFC to invest US$12.8 million in Discovery World Corporation
World Bank’s private investment arm International Finance Corp (IFC) is investing up to 650 million pesos (about US$12.8 million) in Discovery World Corp, a listed company in the Philippines. DWC owns and operates popular hotels…
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VinaCapital reveals US$20.5 million investment in budget airline Vietjet’s Pre-IPO round
Vietjet is looking to become the first Vietnamese company to list oversea.
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Yadanar Su invests US$2.2 million in Nayung Don LPG plant
Yadanar Su, a Myanmar company has gained approval to run the liquefied petroleum gas plant (LGP) in Nayung Don alongside state-owned Myammar Petrochemical Enterprise (MPE). According to an official statement from the Directorate of Investment…