Search Results for:Tomas S. Noda III

Tom Noda, Philippines Correspondent for DEALSTREETASIA, has been a journalist for the past 12 years. He has worked with popular print and online media organizations such as (online version of The Philippine STAR), Computerworld Philippines magazine, The Manila Times national broadsheet, and Sun Star Pampanga daily community newspaper.

Philippines: PXP increases control interest in Forum Energy

PXP Energy Corp, an upstream oil and gas company in the Philippines, has increased its interest in UK-based Forum Energy Ltd which has the license to oil and gas exploration in the disputed waters between China and the Philippines. PXP disclosed on Thursday (March 23) that it has increased its… Read more »

Philippines: Atok buys stake in Forum Energy for $2m

Forum Energy holds the license to Service Contract 72, ― the disputed waters between China and the Philippines ― estimated to contain prospective resources of natural gas and oil.

Philippines: Metrobank sets $2b debt listing plan

Metropolitan Bank & Trust Company has set a $2 billion debt programme on the Philippine Stock Exchange to achieve further market and funding flexibilities. Metrobank disclosed its board of directors approved on Wednesday (March 22) the establishment by the bank of a Medium Term Note Programme amounting to $2 billion… Read more »

China Digest: Hakim invests $40m in Haoeyou; Bojiang backs Hejin Online

The latest in the deals space in China has seen Hakim Unique Internet Co Ltd, and Bojiang Capital Management Group, each led separate funding rounds in healthtech firm Haoeyou, and big data startup Hejin Online, respectively. Hakim Unique invests $40m in Haoeyou Shenzhen-listed Hakim Unique Internet Co Ltd, a Chinese smart… Read more »

Singapore: CapitaLand, BlackRock in talks for Asia Square Tower 2

Singapore’s largest developer CapitaLand is in exclusive talks to acquire the Asia Square Tower 2 in Singapore’s Marina Bay from top global asset manager BlackRock Real Estate Fund III, the Mingtiandi reported. Pegged at $2.34 billion, the 46-storey tower stands on 1,220,000 square foot (113,350 square metre). It is on… Read more »

Japanese pension fund Chikyoren places 5% limit for alternative assets

It would amount to $9.25 billion of Chikyoren’s assets.

Singapore: mm2 lodges preliminary offer document for UnUsUaL Group

mm2 owns majority in UnUsUaL, a concert production house.

China: CMC, HG Capital invest in Newrank; National SMEs Fund backs Tianyancha

China: CMC, HG Capital invest in Newrank; National SMEs Fund backs Tianyancha

China Digest: SDIC backs Ribo; Matrix funds online insurance Xiaoyusan

SDIC Fund Management Co, and Matrix Partners China, each led different investment deals, $39 million in siRNA drug developer Ribo, and $14 million in online insurance startup Xiaoyusan, respectively.

Chemical trading firm SBS Philippines diversifies into property, investments

“This move is intended to provide balance to counteract some of the fluctuations in the chemical trading business and at the same time grow and diversify the company’s income streams,” said SBS Philippines president and CEO Gerry Tan.