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IFC invests US$7.5 million in EMIA’s fund targeting CLM Countries
EMIA’s CLMDF II fund will make investments across a variety of sectors including agriculture, education, healthcare, retail, financial and business services.
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Indonesia’s Indorama in talks with Tata Chemicals for Haldia unit
An announcement will be released in the coming weeks.
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Temasek takes 30% stake in Italian fashion brand Stone Island
Singapore’s sovereign wealth fund Temasek is set to acquire a 30 percent stake in Italian fashion retailer Stone Island, according to its parent firm Sportswear Company S.p.A. Financial terms of the transaction were not disclosed,…
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Novena Global Lifecare plans Taiwan IPO to raise US$150 million
Novena Global Lifecare plans to use the capital from the IPO to make more acquisitions and grow organically.
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CO3, Probably South East Asia’s Coolest Office Launched in Malaysia
Selangor, Malaysia – July 28, 2017 — Malaysia based co-working space startup CO3 Social Office officially launched their first office location in Puchong, Malaysia today. The opening of the Puchong office marks the completion of…
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Co-working space Colony raise US$1.8 million for expansion projects
Colony will use the capital to open new shared office spaces in the Mid Valley and Sunway.
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Singapore’s ST Engineering to set up US$150 million venture arm
ST Engineering also launched a new incubator space known as Innosparks to act as a springboard for new and disruptive technology.
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Japanese freelancing platform Ikkai looks to expand into Southeast Asia
Student freelancing platform Ikkai announced today that the startup has raised 20 million yen (about US$180,000) from a group of angel investors. The Fukuoka-based startup will use the newly raised financing to expand into Tokyo…
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Navis to raise up to US$2 billion in eighth fund
Southeast Asia’s leading PE firm Navis Capital Partners is set to launch its eighth fund in 2018. The vehicle will be significantly larger than the firm’s current fund Navis VII worth US$1.5 billion. According to…
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Insurtech Startup PolicyStreet to represent Malaysia at Seedstars Summit
Insurance startup PolicyStreet will join the global summit in April 2018 where the startup will have the opportunity to win US$1 million.
