Serba Dinamik independent directors express concern over audit matters
Serba last week said auditor KPMG had not been able to verify transactions worth $848.90 million with 11 customers.
Meituan founder donates $2.27b worth shares as charity grips Chinese billionaires
The moves come as Meituan and others face the scrutiny of China’s anti-trust regulator.
Vision Fund II backs AInnovation and other deal updates from Greater China
We have put together a table listing out major VC deals in Greater China region from June 3-4, 2021.
SG fantasy sports startup Beryllium raises $3m and other SE Asia deals
DealStreetAsia has put together a table listing out main VC deals in the region this week.
Biden order bans US investment in dozens of Chinese defence, tech firms
The Treasury Department will enforce and update on a “rolling basis” the new list of about 59 companies.
Australian Unity rejects GIC-backed $2b takeover bid for healthcare fund
Canada’s NorthWest is attempting to acquire the fund in partnership with entities related to GIC.
PE firm KV Asia Capital eyes final close for $300m second fund by 2021-end
The firm has secured a $100 million first close of the fund.
Asia Digest: Aozora Bank backs Genesis venture debt fund; Accenture acquires MY-based Entropia
Aozora Bank has invested an undisclosed amount in Genesis Alternative Ventures’s $80 million venture debt fund.