Chinese EV maker Zeekr has begun sales of its first model for Australia – one of two slated for 2024 and both will also launch in New Zealand later this year as it seeks to make Oceania a key overseas market. Geely’s premium brand has made a promising start with the sport utility vehicle X,… Continue reading China’s Zeekr rolls out EV in Australia, next stop New ZealandGeely’s premium brand has made a promising start with the sport utility vehicle X.
Author: Deal Street Asia Online News
KKR set to launch $1.8b sale of Singapore logistics firm GoodpackKKR has decided to put Goodpack up for sale four years after its first such attempt.
KKR & Co is set to launch the sale of Singapore-based Goodpack in a deal that could value the provider of shipping containers and logistics services at around $1.8 billion, people with knowledge of the matter said. The private equity giant has hired Deutsche Bank and Rippledot to advise on the sale and a formal… Continue reading KKR set to launch $1.8b sale of Singapore logistics firm GoodpackKKR has decided to put Goodpack up for sale four years after its first such attempt.
Malaysia’s Khazanah launches new fund-of-funds initiatives to fuel local tech sceneThe programmes aim to back local emerging GPs and attract overseas …
Malaysian sovereign wealth fund Khazanah will launch new initiatives to boost its venture capital ecosystem, following the acquisition of Malaysia Venture Capital Management (MAVCAP) and Penjana Kapital in July this year. Khazanah’s National Fund-of-Funds (NFOF) plans to commence the Emerging Fund Managers’ Programme (EMP) next month, which will be opened to all local general partners… Continue reading Malaysia’s Khazanah launches new fund-of-funds initiatives to fuel local tech sceneThe programmes aim to back local emerging GPs and attract overseas …
Temasek-backed LeapFrog nears close of $1b flagship fund amid headwindsIt is also said to be weighing an exit from Indonesia’s Reliance Capital.
Global impact fund manager LeapFrog Investments is said to be finalising the close of its targetted $1-billion fund by the end of this year, marking a delay of more than six months from its original timeline, according to people familiar with the situation. Go to Source
Hyundai India’s record $3.3b IPO subscribed 18% on day 1 of biddingInstitutional investors including BlackRock and Fidelity snapped up shares worth $9…
Hyundai Motor India’s $3.3 billion IPO was 18% subscribed on the first day of bidding on Tuesday, led by employees who placed orders for four-fifths of the shares reserved for them in the country’s largest share sale yet. The three-day share sale, the first by an automaker in India in two decades, ends on Thursday.… Continue reading Hyundai India’s record $3.3b IPO subscribed 18% on day 1 of biddingInstitutional investors including BlackRock and Fidelity snapped up shares worth $9…
Tokyo Metro said to be raising $2.3b in Japan’s biggest IPO in six yearsThe IPO was more than 15 times oversubscribed.
Tokyo Metro is expected to raise 348.6 billion yen ($2.3 billion) after pricing its initial public offering at the top end of its range, according to two sources familiar with the matter, in the largest IPO in Japan for six years. The IPO was more than 15 times oversubscribed, said the sources, with the firm’s… Continue reading Tokyo Metro said to be raising $2.3b in Japan’s biggest IPO in six yearsThe IPO was more than 15 times oversubscribed.
Partners Group ropes in Atlantic-Pacific Capital exec as Asia co-headVincent Ng will co-lead the Swiss firm’s Asia business alongside Kevin Lu.
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BlackRock, Fidelity snap up Hyundai India shares in record $3.3b IPOThe Government of Singapore and BlackRock together picked up stakes worth a total …
Hyundai Motor India sold shares worth $989.4 million to institutional investors including BlackRock and Fidelity on Monday, as the carmaker launched a $3.3 billion IPO that will be the country’s largest share offering yet. The Government of Singapore and BlackRock together picked up stakes worth a total of $77.3 million, while Fidelity bought shares worth… Continue reading BlackRock, Fidelity snap up Hyundai India shares in record $3.3b IPOThe Government of Singapore and BlackRock together picked up stakes worth a total …
India: Quick commerce heroes look to ride on food delivery againSwiggy, Zepto, and Blinkit are taking a second shot at instant food delivery.
In India’s red-hot quick commerce industry, the competition is no longer just about delivering groceries or daily essentials in a jiffy. The likes of Swiggy, Zepto, and Zomato’s Blinkit are now slugging it out to deliver freshly prepared meals to your doorstep in less than 15 minutes. Go to Source
Huawei, CATL-backed Chinese EV brand AVATR eyes $1.4b Series C roundThe firm is looking at a valuation of over $4b in the upcoming round.
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