Deals
Here are the most significant private equity, venture capital and startup developments from the week that went by.
Editor's take: The week that was — April 29-May 4
China tightens IPO rules for STAR Market hopefuls
Vietnam's Galaxy Education eyes up to $20m fundraising to expand footprint
Airbnb looking to fly high on Asia-Pacific's young travellers
China's Zeekr seeks over $5b valuation in US IPO
More Stories
Vietnam’s Galaxy Education eyes up to $20m fundraising to expand footprint
Indonesian coffee unicorn Kopi Kenangan serves up new brand for mass market
Morgan Stanley, India Life Sciences Fund inject $120m into India’s Maiva Pharma
Indonesian conglomerate Astra eyes aggressive EV push in next two years
Glencore-backed group close to $1b deal for Shell’s Singapore assets
Analysis
“Decision was made due to deteriorating macroeconomics in Myanmar.”
Myanmar-based Rent 2 Own issued new shares to PE firm Delta Capital Myanmar and others this week.
Policy & Regulations
The two neighbours will work towards enhancing the cross-border flows of goods and people.
The Adani Group company announced the sale in May 2022 after a military coup in Myanmar
The deal will pave the way for Chevron’s exit from the Asian country.
Following a military coup in Myanmar in 2021, Telenor announced the sale of its business.
Puma’s interest in Myanmar includes the a fuel import terminal at Thilawa and aviation fuel supplies.
The transaction is subject to customary closing conditions, including Myanmar regulatory approvals.
Myanmar
Norway’s Telenor withdrew from the country in March this year in a departure mired in difficulty.