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Revolution Precrafted closes US$460 million eco-resort deal in Brazil
Brazil will become the 16th international market for Revolution Precrafted, which has recently expanded to South and Central America, the Caribbean, Middle East, and Europe.
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3B Ventures sets up new US$60 million fund for impact investing in Southeast Asia
The Danish venture capital firm will target startups that are aiming to solve at least one of the 17 issues included in the United Nations Sustainable Development Goals.
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Thai billionaire increases stake ownership in Vinamilk to 21 percent
F&N Dairy Investments plans to purchase an additional 14.5 million shares to increase its stock ownership to 21 percent.
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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 Anchanto raises US$4 million from MDI Ventures in ongoing Series C round
The SaaS technology company will use the funds to expand market outreach and establish a stronger presence in Southeast Asia.
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Online parenting platform Babytree applies to list on Hong Kong Stock Exchange
Babytree will use the IPO proceeds to fund expansion projects, research & development, as well as future investments including acquisition and strategic alliance.
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Singapore’s food court operator Koufu plans US$62.3 million on SGX Mainboard
Koufu plans to start trading on July 18th and use the proceeds to fund integrated facility, revamps, and growth.
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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.
