S Korea’s SK Innovation unit to launch IPO to raise at least $1b
SKIET develops separators, a key component in lithium-ion batteries.
Mercuria Energy, Singapore fund manager Envysion cancel investment pact
Both Envysion and Mercuria have agreed to terminate the agreement and put this project on hold.
Ooredoo’s Indosat to sell tower assets to Digital Colony for $750m
Digital Colony has been an active player in the consolidation of telecom infrastructure in Asia.
Warburg-backed New Ease partners QuadReal to launch $1b logistics fund
The fund will deploy capital in China’s logistics sector especially in top-tier cities.
Malaysia’s AirAsia to launch ride-hailing services, says CEO
The move is part of Air Asia’s bigger plan to become a super app.
SG’s digital escrow services provider Tazapay raises $1.75m and other SE Asia deals
DealStreetAsia has put together a table listing out prominent VC transactions in SE Asia this week.
Asian SPACs may not attract big dollars despite favourable rule changes from regulators
Low valuations, need for investor protection safeguards may prevent SPACs from taking off.
Indian edtech unicorn Byju’s raises $460m funding led by MC Global Edtech Investment
MC Global Edtech Investment Holdings alone invested $224m in the round.