Search Results for:Juliet Shwe Gaung

ASX-listed iSentric to buy Myanmar’s My Play. Will founders’ spat come in way?

The consideration for My Play is capped at $4.5 million.

FPT Myanmar scouts for local partner in fibre infra project

FPT Myanmar, owned by Vietnam tech major FPT Corporation, is progressing on implementing the first phase of fibre infrastructure development which will require an investment of $50 million by the firm up to 2018. FPT Myanmar is also initiating talks to sign on a potential local partner, who will hold… Read more »

Taxi-hailing app Grab reveals Myanmar expansion plans. Uber set to follow

Singapore based Grab has launched a beta trial of GrabTaxi service in Yangon.

Singapore: GLP’s China branch; Keppel T&T to sell 10% in air cargo biz; CNMC to buy KelGold for $0.8m

Global Logistics Properties to see having GLP Financial Lease in China. Keppel Telecommunications & Transportation Ltd to sell 10 percent stake in Asia Airfreight Terminal Company for $45.2 million. CNMC Goldmine Holdings is planning to buy Malaysia’s KelGold Mining for $0.8 million.

FibreLink Myanmar in talks to raise $25m equity for mega telecom infra project

It is in talks with financial and strategic investors.

YCloset raises Series B $20m from Pan-Lin Asset, IDG

YCloset has raised a $20 million, led by Pan-Lin Asset Management Co Ltd.

IFC to invest upto $20m in Horizon Capital’s $150m PE fund

IFC is planning to invest to up t $20 million of equity in Emerging Market Europe Growth Fund III.

China: Virscend Education invests in Babycare, CSD Water Services’ Shanghai IPO

Babycare gets an undisclosed investment from Virscend Education. CSD Water Services, a sewage treatment supplier from Beijing enters IPO.

China Investment Corp commits $100m in Airbnb’s $1b funding round

Airbnb received $100 million from China Investment Corp.

Myanmar Dealbook: Korea’s Koryo Cable to invest $8.2m; Malaysia’s iflix entry

Koryo Cable from Korea is planning to invest $8.2 million to start a cable manufacturing facility in Thilawa. On the other hand, Malaysia’s iflix, a TV streaming service provider, is looking at introducing their services to the Myanmar audiences. Korea’s Koryo Cable to invest $8.2m Korea’s Koryo Electric Wire, a manufacturer of… Read more »