Southeast Asia is a region in Southeast Asia.
Indonesia
Singapore\sMalaysia
Vietnam\sThailand
Philippines
Myanmar
India
Greater China is a term used to describe a
Asia’s rest
World
Internet Economy & E-Commerce
Technology
Infrastructure and Real Estate
Services in the Financial Sector
Infrastructure for Social Development
Markets & Initial Public Offerings
Xpeng, a Chinese electric vehicle manufacturer, is expected to raise $1.8 billion in a Hong Kong IPO.
In the transaction, the corporation sold 85 million shares, or 5% of its total stock.
Just Arrived
Trending
Xpeng, a Chinese electric vehicle manufacturer, is expected to generate $1.8 billion in a Hong Kong initial public offering (IPO). Digest of Asia: acquihires MoMo Pique and the Achmad Zaky Foundation have launched an educational technology incubator.
Ethos Invest is looking to raise $1.39 billion for a Sharia fintech private equity fund.
India: Sebi allows Reits to trade, tightens MF regulations, and hires directors.
Reliance Industries joins together with ADNOC to establish a chemical facility in India.
More Accounts
Alpha JWC of Indonesia has filed for a $300 million third venture capital fund.
Bukalapak, an Indonesian unicorn, is ready to take first-mover advantage in its market launch.
According to reports, SG’s Zilingo has raised $35 million in capital from existing shareholders.
WeMaintain obtains $36 million in Series B funding for worldwide expansion and establishes a Singapore branch. In its first investment in Southeast Asia, Hedosophia backs Indonesia’s BukuKas.
MoMo recruits Pique, and the Achmad Zaky Foundation establishes an edtech incubator
On June 29, StartUp Campus 2021 was launched online in Indonesia.
Ethos Invest, a Sharia fintech PE fund, is looking to raise $1.39 billion.
The fund expects to conclude its first round in four months.
Regulations & Policy
Sebi opens up Reits, tightens MF rules, and hires directors in India.
The move by the Sebi aims to ensure that fund managers use investors’ money wisely.
Deals
Reliance Industries joins together with ADNOC to establish a chemical facility in India.
Reliance had already purchased holdings in offshore exploration and manufacturing assets.
Central Pattana, Thailand’s largest mall operator, has agreed to display tenant products online.
In Thailand, Central Pattana features 33 commercial malls.
Quadria Capital and others select a $100 million holding in Indian drugmaker Encube.
Multiples Alternate Asset Management, a private equity firm, has left the company.
Deals
Temasek, a Singaporean investment firm, is slated to spearhead a $100 million investment in Indian neobank Open.
Tiger Global and 3one4 Capital are also expected to participate in the round.
According to HarbourVest, Southeast Asia is a particularly appealing area for consumer play.
HarbourVest Partners has announced the establishment of a Singapore branch.
Markets & Initial Public Offerings
Loongson, a Chinese CPU creator, is looking to raise $500 million in an IPO on the STAR Market.
The IPO revenues will be utilized to improve the company’s R&D operations, among other things.
Continue reading
