In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to… Continue reading Novo Holdings sees investment opportunity in Asia’s skewed doctor-patient ratio …
Author: Deal Street Asia Online News
The Hive SEA looks to secure final close of seed fund at $18.3m by Q4 this year
Saloman Link, Kuala Lumpur, Malaysia. Photo: AMAR SYAZWAN ROSMAN/unsplash Premium The Hive Southeast Asia (The Hive SEA), which was selected by the Malaysian government for its Dana Penjana National (DPN) Programme, is targeting to make the final close of its seed fund at 75 million ringgit ($18.23 million) during the fourth quarter of this year.… Continue reading The Hive SEA looks to secure final close of seed fund at $18.3m by Q4 this year
CEO Anthony Tan’s enormous clout over Grab after planned IPO raises questions
Login We will never share your information with third parties. If you don’t already have an account click the button below to create your account. Sign up here OR Sign in with Facebook Sign in with Twitter Sign in with Google Sign in with LinkedIn Go to Source
More Stories
Login We will never share your information with third parties. If you don’t already have an account click the button below to create your account. Sign up here OR Sign in with Facebook Sign in with Twitter Sign in with Google Sign in with LinkedIn Go to Source
Indonesia’s OJK sets the ball rolling on dual-class shares to attract more domestic IPOs …
Dual-class shares — or two classes of shares, with different voting rights, issued by the same company — may be moving closer to reality in Indonesia. The Indonesia Financial Services Authority (OJK) has prepared a draft regulation that may permit the issuance of shares with multiple voting rights (MVR) show details published on the regulator’s… Continue reading Indonesia’s OJK sets the ball rolling on dual-class shares to attract more domestic IPOs …
Founder of Vietnam’s Telio ordered to transfer his shares in the firm to OnOnPay investors …
Sy Phong Bui, the founder and CEO of VC-backed Telio, will have to transfer his shares in the B2B e-commerce platform to investors of OOPA Pte Ltd, the holding company of Bui’s previous venture OnOnPay, a fintech firm that operated in Vietnam. The Singapore High Court on Wednesday put an end to a two-year dispute… Continue reading Founder of Vietnam’s Telio ordered to transfer his shares in the firm to OnOnPay investors …
Creador-backed Malaysia’s CTOS signs 20 cornerstone investors for $290m IPO
Malaysian credit reporting firm CTOS Digital Bhd has secured more than 20 cornerstone investors for its planned public market debut next month, including AIA Group Ltd and Aberdeen Standard Investments, two sources familiar with the deal said. Other funds signed on for what is set to be Malaysia’s biggest initial public offering so far this… Continue reading Creador-backed Malaysia’s CTOS signs 20 cornerstone investors for $290m IPO
India’s Federal bank gets approval to raise $124m from IFC
Private lender Federal Bank on Wednesday said its board has approved raising Rs 916 crore through issue of equity shares to the International Finance Corporation ( IFC) and its affiliates. “…The Board has approved issuance of up to 104,846,394 equity shares offace value of Re. 2/- each (Equity Shares) to IFC, IFC FinancialInstitutions Growth Fund,… Continue reading India’s Federal bank gets approval to raise $124m from IFC
India: NV Capital launches media & entertainment focused credit fund
NV Capital on Wednesday announced the launch of its maiden media & entertainment credit fund with a corpus of about $68 million (Rs 500 crore). The fund recently received a nod from Indian market regulator SEBI as Category II Alternative Investment Fund. NV Capital is looking to raise funds from domestic as well as offshore… Continue reading India: NV Capital launches media & entertainment focused credit fund
China’s Yingke PE raises $155m for RMB fund, total fundraising this year stands at $2b
Chinese investment firm Yingke PE announced on Wednesday that it has raised 1 billion yuan ($155.4 million) for a new RMB-denominated fund, bringing the firm’s total fundraising amount so far this year to over 13 billion yuan ($2 billion). The fundraising for the new Chinese yuan fund follows the final closing of an earlier RMB… Continue reading China’s Yingke PE raises $155m for RMB fund, total fundraising this year stands at $2b