Author: Deal Street Asia Online News

Greater China Digest: Animoca Brands mulls 2025 listing; SPAC AA Mission files for IPO

Gaming software firm Animoca Brands is considering a listing in Hong Kong or the Middle East as early as 2025 while AA Mission Acquisition, an Asia-focused SPAC firm, has filed to raise $300 million in an initial public offering. Animoca Brands eyes 2025 IPO  Hong Kong-headquartered gaming software firm and Web3 investment powerhouse Animoca Brands is… Continue reading Greater China Digest: Animoca Brands mulls 2025 listing; SPAC AA Mission files for IPO

Citadel to buy power firm Energy Grid in first Japanese acquisition

Citadel will buy Japanese power firm Energy Grid in its first acquisition in Japan and the first major US investment in Japan’s wholesale energy market in recent years, billionaire investor Kenneth Griffin’s hedge fund said in a statement. The privately held Energy Grid provides power price risk management services to Japanese companies and the deal… Continue reading Citadel to buy power firm Energy Grid in first Japanese acquisition

Four companies launch Hong Kong IPOs to raise about $500m

Four companies ranging from a US jet manufacturer to a Chinese generative AI firm launched Hong Kong initial public offerings on Friday to raise up to $500 million, according to their regulatory filings. Cirrus Aircraft, a Minnesota-based small jet manufacturer, is aiming to raise up to $197 million by selling 54.87 million shares in a… Continue reading Four companies launch Hong Kong IPOs to raise about $500m

India: Emkay Investment Managers launches $60m Emkay Capital Builder AIFThe fund will maintain a multi-cap portfolio of around 20-25 stocks.

Emkay Investment Managers Limited (EIML), the asset management arm of Emkay Global Financial Services, on Thursday announced the launch of an open-ended category III Alternative Investment Fund (AIF) called the “Emkay Capital Builder Fund”. EIML aims to raise about $60 million (Rs 500 crore) through the latest AIF in the coming 6-8 months, it said… Continue reading India: Emkay Investment Managers launches $60m Emkay Capital Builder AIFThe fund will maintain a multi-cap portfolio of around 20-25 stocks.

Chinese semiconductor firm Starshine secures over $137m in Series B round

Starshine Semiconductor, which manufactures radio frequency (RF) filters and modules, has raised 1 billion yuan ($137.6 million) in its Series B funding round. RF filters are imperative for all electronic devices as they can receive or block certain frequencies, hence wireless communication can allow voice and data to traverse through the airwaves without interference.  The… Continue reading Chinese semiconductor firm Starshine secures over $137m in Series B round

Singapore’s Novo Tellus closes investment in US-based Amsino Medical GroupThe company will use the proceeds to expand its global footprint and operat…

Singapore-based Novo Tellus has invested an undisclosed sum in US-based Amsino Medical Group, a provider of medical consumable devices. The company will use the proceeds to expand its global footprint and operations. Financial terms of the deal were undisclosed but a company statement said the investment was “substantial.” The PE firm had previously partnered with… Continue reading Singapore’s Novo Tellus closes investment in US-based Amsino Medical GroupThe company will use the proceeds to expand its global footprint and operat…