Wise Road buys South Korea’s Magnachip Semiconductor for $1.4b in take-private deal
The transaction is expected to close during the second half of 2021.
Founder of Singapore oil trading firm Hin Leong faces another 23 forgery charges
PwC said in a report last year that the company had overstated its assets by $3b.
US Customs says it has found forced labour at Malaysia’s Top Glove, to seize goods
Move to have limited impact on US glove imports.
Aavishkaar Capital invests $7m in Indonesia’s Sei Balai Green Energy
The company has raised $30 million in debt and equity for its cassava processing facility.
Investors evaluate the diversity within the senior team, says YouTrip’s Caecilia Chu
“A lot of companies want to bring on more women into the management team or even to the board.”
Indian PE giant ChrysCapital to invest $100m in drug maker Corona Remedies
The proposed transaction will pave the exit of Malaysian PE firm Creador from the company.
China’s Boyu Capital files to raise new PE fund, likely to be its largest
The firm closed its fourth fund in February with a reported $3.6 billion in committed capital.
China’s corporate training service Yunxuetang enters unicorn club after $190m round
The round was led by Matrix China and joined by Sequoia China and Hundreds Capital.