Thailand’s Siam Commercial Bank seeks bids for insurance business


Prudential PLC, AIA Group and Manulife Financial Corp are said to be weighing a bid.

Thailand: Tuna processor Sea Value in talks to buy another plant in France

In case that the deal cannot go through, Sea Value will consider doubling the production capacity of its French subsidiary Sea Value Atlantic which it acquired in the end of October 2015.

Thailand’s KBank mulls Indonesia foray via M&A route next year

KBank plans to set up its own footprint in the Indonesian market.

Thailand’s Digital Ventures invests in Nyca Fund II to expand fintech radar to US

The VC firm is the only Thai investor among Nyca’s ten institutional LPs.

Thailand’s CP All, three PE funds compete for Polish retailer Zabka, say sources

The PE firms in fray are CVC Capital Partners, TPG and Hellman & Friedman

Canada’s Vatic Ventures acquires majority shares in Thai potash company

Vatic Ventures acquired the rights of Red Branch Investments Ltd, a Hong Kong-incorporated company, to purchase the shares from former shareholders for 8 million baht ($220,000).

500 startups closes $15.4m Thai fund; second vehicle to be launched soon

This is 50% higher than its initial target of $10 million.

TIH, Loxley JV K2 Venture Capital to invest in startups

The joint venture between Loxbit and Killian Court provides K2 Venture the opportunity to leverage on the existing network and track records of the parent companies to tap into the high growth startup investment opportunities in Thailand and ASEAN region.

Logistics startup Lalamove bags $30m Series B for expansion to more than 100 cities

Lalamove will use the funding to continue its aggressive expansion in Asia where it plans to launch in additional 60 cities this year.

Goldman, Apollo Asia to Invest $235m in tallest Thai building

Goldman Sachs Group Inc. and Apollo Asia Sprint Holding Co. will invest 8.4 billion baht ($235 million) in a real estate development that includes Thailand’s tallest skyscraper. The proposed investment — a $216 million equity injection and $18.8 million of financing — is expected to be completed within February 2017… Read more »