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Shinhan Bank to acquire ANZ’s retail business in Vietnam
ANZ has finally gained exit of its Vietnamese retail business, selling it off to Shinhan Bank Vietnam, a Korean financial services group.
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Thailand’s Food Capitals acquires restaurant operators, Osha Group and G Enterprise for US$11.6 million
Food Capitals operates The Coffee Bean & Tea Leaf, Domino’s Pizza and Korean fried chicken restaurant chain Kyochon.
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Buruda Concert creates an Airbnb for matching musicians with concert venues
Buruda Concert is a website solely dedicated to directly connecting musicians with live music venues and fans to create special concerts in and around Korea.
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Malaysian fast fashion brand NOSE to demerge from iFashion
iFashion is a leading venture platform company focused on investing and acquiring fashion and lifestyle e-commerce ventures based in Southeast Asia.
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CIP to divest 65 percent stake in LMG Chemicals, its manufacturing and distribution subsidiary
CIP has long been attempting to sell the shell company of LMG.
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P&G partners EDB to launch US$100 million digital innovation centre in Singapore, its first outside US
P&G and EDB will set up an e-center in Singapore to boost digital capabilities and strengthen partnerships with SMEs to co-develop new solutions.
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AirAsia takes 50 percent stake in travel curator Touristly for US$2.6 million
Touristly will have the opportunity to tap into the AirAsia’s regional network, and monetize AirAsia’s 60 million flyers.
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StanChart PE to join Loc Troi Group’s Board of Directors
Loc Troi Group is the leading distributor and manufacturer of crop protection chemicals (CPC) in Vietnam.
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AI startup Innefu Labs raises US$2 million from IndiaNivesh fund
Innefu Labs Pvt. Ltd, a startup which uses artificial intelligence to develop cyber security solutions has raised Rs 13 crore (about US$2 million) in its Series A funding from IndiaNivesh Venture Capital Fund. This would…
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Village Grocer acquires B.I.G Supermarkets to become the leader in premium grocery
Malaysian premium grocery chain, Village Grocer owned by Navis Capital Partners has acquired domestic rival Ben’s Independent Grocer (BIG).
