Indonesia’s stock benchmark closed at a fresh record high on Thursday amid signs of an economic…
Category: EQUITY/M&A
INDONESIA’S LARGEST TECH FIRM, GoTo RAISES US$1.3b
Indonesia’s GoTo Group has secured $1.3 billion from investors in the first close of an ongoing…
ASEAN FINTECH FUNDING TRIPLES TO $3.5B IN 2021
Financial technology (fintech) funding in Southeast Asia jumped more than three times in the first nine…
BANPU ACQUIRES POWER PLANT IN US FOR US$430M
Banpu Group, a non-oil energy conglomerate, has concluded a share purchase deal worth US$430 million (14.29…
TECH EQUITIES IN INDONESIA LOSING STEAM
Investors cautious over lofty valuations in Indonesia’s booming technology market have sent a gauge of the…
GRAB EXPLORING STAKE IN LEADING E-WALLET OVO
SINGAPORE: Southeast Asian ride-hailing and payments firm Grab will more than double its stake in Indonesian…
MREIT SOARS ON DEBUT
MREIT, Inc. closed higher on its market debut on Friday, after completing its P15.3 billion initial…
MALAYSIA REVIEWING SPACs RULES TO SECURE LARGE DEALS
Malaysia is reviewing its framework for special purpose acquisition companies, or SPACs, amid a surge in demand for…
MITRATEL IN INDONESIA PLANNING A LARGE IPO
JAKARTA: Indonesia’s biggest telecommunications company Telkom plans to launch an IPO for its infrastructure and data…
ROBINSONS LANDS REIT POSITIVE DEBUT
RL Commercial REIT, Inc. (RCR) inched up by one centavo on its first day at the…