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Ballarpur Industries sells Malaysian arm Sabah Forest for US$310 million
9/4/2018 – India’s largest manufacturer of writing and printing paper has recently forged an agreement to sell its Malaysian unit Sabah Forest Industries to Pelangi Prestasi Sdn Bhd for MYR1.2 billion (about US$310 million). The…
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Catcha Group to lead seed investment in Wedding Marketplace Hitchbird
Hitchbird will use the capital for hiring talent, product development, and marketing.
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Vertex Ventures to co-lead US$11 million round in Israeli transcription startup Verbit
Verbit uses AI to combine software with human transcribers to improve quality, speed and price of services.
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Indonesia’s Electronic Signature Startup PrivyID secures US$5 million in Series A
PrivyID is Indonesia’s DocuSign and it enables users and enterprises to digitally sign and transfer document online with an integrated audit trailer.
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Online Content Marketplace GetCRAFT in talks to raise US$5 million Series A by 2018
GetCRAFT is an online content marketplace, which connects brands and agencies in Southeast Asia with content creators and marketers across the globe.
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Malaysian wealth fund Khazanah to buy Prince Court Medical Centre from Petronas
23/3/2018 – A wholly owned subsidiary of Malaysia’s sovereign wealth fund Khazanah Nasional recently announced that it is acquiring private healthcare facility Prince Court Medical Centre (PCMC) from Petronas. The state-owned sovereign fund has signed…
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VinaCapital to invest US$10 million in Vietnamese real estate firm Ricons
VinaCapital said the investment is in line with the company’s strategy to invest in company benefiting from strong domestic growth.
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VTVCab IPO to raise US$262 million
Vietnam pay TV service provider will offer shares to the public at a starting price of VND 140,900.
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Filipino unicorn Revolution Precrafted receives US$3.2 billion deal in Dubai
13/3/2018 – Revolution Precrafted, a unicorn startup that is based in the Philippines has just signed a landmark US$3.2 billion deal to manufacture luxury apartments and hotel villas in Dubai’s famous The World Islands. Located…
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China’s JW Therapeutics raises US$90 million round from Temasek, Sequoia Capital
9/3/2018 – JW Therapeutics, a biotech startup based in Shanghai has secured a US$90 million Series A financing round joined by a consortium of leading global investors including Temasek and Sequoia Capital China. The financing…
