Southeast Asian startups are enjoying a boom in fundraising exercises by venture and buyout funds that…
Category: EQUITY/M&A
ASIAN MARKETS FALL AFTER FED WARNED OF HIGHER RATES
Markets sank Monday (Aug 29) and the dollar rallied after Fed boss Jerome Powell warned of more…
NOBLE SANCTIONED WITH A S$12.6M FINE OVER FALSE FINANCIAL REPORTING
Authorities also issued stern warnings to two former directors of Noble Resources International for failing to…
SMFG JOINS THE FRAY AGAINST MUFG FOR PANIN BANK M&A
Sumitomo Mitsui Financial Group (SMFG) is mulling a rival bid for PT Bank Pan Indonesia (Panin…
SMIC ACQUIRES CONTROL OF GEOTHERMAL GIANT, PGPC
With the re-opening of most economies, a large number of companies have begun exploring capacity expansion…
INDIKA ENERGY EYES US$2 BILLION EV JV WITH FOXCONN
Indonesia’s PT Indika Energy is considering jointly investing US$2 billion with Taiwan-based Foxconn on electric vehicle…
TOP GLOVE STOCK’ PRECIPITOUS RISE & FALL
For a moment, Lim Wee Chai’s ascent looked unstoppable. His Top Glove Corp. grew bigger than…
THAI AIRWAYS AIMS FOR 2024 RESTRUCTURING
Thai Airways International expects to complete its corporate restructuring in two years as the airline’s performance…
MCMC APPROVES CELCOM-DIGI M&A
KUALA LUMPUR: Axiata Group Bhd and Digi.com Bhd received approval from the Malaysian Communications and Multimedia Commission (MCMC) for the…
VIETNAM’S VINFAST TO RELOCATE TO SINGAPORE PRIOR TO IPO
Vietnam’s VinFast is shifting its legal and financial headquarters to Singapore as the fledgling electric vehicle…