Mergers & Acquisitions
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Tokyo Century to acquire 20 percent stake in Myanmar auto leasing firm Yoma Fleet
Yoma Strategic will receive US$26.6 million to grow Myanmar vehicle leasing business.
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Exabytes buys over Indonesia’s Largest Web Hosting Player, Master Web Network
Following the acquisition, Exabytes Group will now serve over 120,000 active clients across Southeast Asia.
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Singapore’s MindChamps buys 8 Australian preschools for US$29 million
8/4/2019 – SGX-listed MindChamps Preschool Limited, through its wholly-owned subsidiary has entered into an agreement to buy eight early learning centers in Sydney from the Malek Family for A$40.84 million (about US$29 million). The eight…
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Philippine Based Edtech Startup Edukasyon Acquires Academic Directory Site
The acquisition deal value was not disclosed by both parties.
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Vietnamese conglomerate Vingroup to buy Shop&Go stores for US$1
The unprecedented deal in Vietnam’s retail industry was proposed by the chain owner.
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Singapore’s State Investor Temasek picks up US$29 million worth of shares in VNG
This transaction places VNG valuation at US$2.2 billion.
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AnyMind Group completes US$21.4 million Series B and acquisition of Thailand’s Moindy Digital
This puts the Series B round for the AI solutions provider targeting advertising, HR and influencer marketing at a total of US$24.1 million.
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Thailand’s PACE sells stake in Dean & Deluca Japan for US$10 million
PACE Development Corporation has sold its 50 percent stake ownership in Dean & DeLuca Japan to Welcome Co Ltd.
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Korea’s Woongjin acquires additional Coway shares from GIC for US$266 million
The move will further increase its grip on Coway and allow it to resume control over the water and air purifier maker.
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Novo Tellus Capital acquires a 6.4 percent stake in SGX-listed ISDN
Novo Tellus has subscribed for close to 27 million new shares in ISDN holdings at S$0.20 per share.
