Mergers & Acquisitions
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PetroVietnam to divest 30% from energy subsidiary PV Gas
PetroVietnam looks to sell 30% of its stake in PV Gas to a strategic partner within the next 2 years.
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Thai Beverage firm Malee to acquire 65% stake in Vietnamese Long Quan Safe Food
Malee regional expansion continues with Vietnam acquisition.
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Singapore’s property portal 99.co to acquire Indonesian real estate platform UrbanIndo
This deal will allow 99.co to gain a bigger foothold in Southeast Asia’s most populous country.
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Philippine Stock Exchange purchases San Miguel’s stake in PDS Holdings
The Philippine Stock Exchange Inc. (PSE) has entered into a share purchase agreement to increase its stake in Philippine Dealing System Holdings.
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Red Wok continues expansion with acquisition of Quan Ut Ut
Red Wok Cuisine was formerly known as Wrap and Roll.
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AboitizPower to complete acquisition of SunEdison in solar joint venture
AboitizPower Corp has recently completed its takeover for a 59-megawatt solar project in the Philippines after acquiring the full interest stakes in SunEdison Philippines BV, its local solar joint venture partner. The two entered a…
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Golden Haven to acquire mass housing developer Bria Homes for US$65 million
With this acquisition, Golden Haven will be venturing into mass housing.
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Starhub to acquire cryptographic technology company D’Crypt in US$90 million deal
The acquisition will be splitted into two phases and is slated to complete by the first half of 2021.
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Thai-Indo JV Inland Logistics to take majority stake in Adib Cold Logistics for US$7.8 million
JWD InfoLogistic and PT Samudera Indonesia has established a Joint Venture firm to provide integrated logistics solutions in Indonesia.
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Myanmar’s travel booking portal FlyMya to acquire smaller rival Go-Myanmar.com
The synergies will help FlyMya to strengthen its influence in Myanmar’s travel industry.
