Trendlines will hold a 51 percent interest in the joint venture, with Shoushan holding the remaining 49 percent.
According to the central bank, 86 percent of Filipino households do not have a bank account and only about two percent of households have credit cards.
The IPO could value Myanmar Strategic Holdings at an estimated market capitalization of US$22.7 million, with its ticker symbol being SHWE.
Laku6 is an Indonesia startup that provides phone trading services.
VRLab was awarded “The Largest Virtual Reality Chain Store in Malaysia” by the Malaysia Book of Records on 11th August.
The Wakemaker SEA Fund II closes at US$50 million, and is backed by other limited partners including North American venture capital investor Tim Draper.