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Singapore Sovereign Wealth Fund GIC to divest Taiwan Shopping Mall in US$450 deal
GIC is selling the asset to a pension fund and local REIT at more than twice its 2008 purchase price.
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Malaysia’s fresh food e-tailer Fresh at Heart raises US$275K via Ata Plus
The startup plans to use the funding capital to expand its offline presence in urban areas and increase marketing efforts.
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Play Ventures raises US$22 million fund targeting gaming startups
Play Ventures is looking to invest both in game development studios and in startups that create tools related to video games.
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DACSEE, the world’s first decentralized community-empowered ride-sharing platform
December 24, 2018 — Ride-Sharing in Malaysia Ride-sharing was first introduced to the market in 2012. It started off as a concept that most thought would be a passing trend. However, presently, there are at…
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Kijiji Autos making ground in automotive classifieds industry
Modern life depends on efficiency above all else. The modern individual is busier than ever, and there is an expectation that life is as convenient as possible. Put simply, the modern professional does not have…
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How ITU’s CTO is accelerating infrastructure technology in India’s higher education system
The higher education system in India has found itself under near-constant scrutiny, as the region – along with much of the Northeast – has been one of the countries that has struggled the most with…
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SPH REIT acquires 85 percent stake in Australian shopping center for US$124.5 million
SPH Reit is acquiring the property via Moelis Austhrough Figtree Holding Trust, a wholly-owned joint venture trust of SPH REIT Moelis Australia Trust.
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CVC to Explore US$1.8 Billion Sales of Malaysia-based Funeral Group Nirvana Asia
The deal for Asia’s largest funeral service provider is said to be worth between US$1.5 to US$2 billion.
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500 Startups Vietnam to launch US$100K investment accelerator programme in partnership with South Korean GS Shop
The new accelerator programme for 2019 has a total investment of US$100K, which will be used to support three batches of Vietnam-connected startups.
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Indonesia’s travel tech unicorn Traveloka acquires three regional rivals
Traveloka has reportedly paid US$66.8 million to acquire three online travel agencies through a shell company named Jet Tech.
