QIC is an alternatives specialist focusing on infrastructure, real estate, and private equity.
TikTok may pick a small stake in Tokopedia and gradually increase it, sources said.
Singapore-based ceEntek develops carbon nano-fibre enhanced ultra-high performance concrete products.
Q & A
Investors ask Origin Energy to increase green energy deployment to add value
360 ONE Asset leads $16m funding in CoreEL Technologies and other India deals
SoftBank buys $514m majority stake in Dublin-based car software firm Cubic Telecom
SG insurtech Igloo closes $36m pre-Series C to drive M&A expansion in SE Asia
Indonesian fintech firm AwanTunai said to have bagged $18m in new funding
Indonesian construction tech firm Gravel raises $14m from NEA, East Ventures, others
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There is little doubt about the momentum behind greentech and renewables in SE Asia, but there remain an array of concerns for the regulators, players and investors to navigate.
Southeast Asia's healthtech sector has defied the wider dealmaking slowdown to maintain its momentum in the first nine months of 2023.
Rest of Asia
The tender offer values Hankook at $1.45b.
BII has backed vehicles of Singapore’s Circulate Capital, GEF, and Wavemaker Impact.
Qarbotech's round included innovation grants from Temasek Foundation and Khazanah's Dana Impak.
Hina AI will use the fresh funding for team expansion and R&D of its AI model.
The fund surpassed its initial target of $25 million.
The software unicorn has onboarded over 100 venture capitalists and startups from the region on its platform.
The funds will be utilised to accelerate CoreEL’s growth plans including R&D and new product development.
The deal gives Cubic a valuation of over 900 million euros.
In March, the firm had added three funds for retail investors and HNWIs in Singapore.
The fund is open to working with global GPs.
Singapore startup expands payment system for game publishers, content creators.
The combined company is expected to trade on the Nasdaq in the first half of 2024.
The institution issued a five-year $750m green bond after setting up a green bond framework in 2021.
NFRA will tighten supervision of the financial industry other than the securities market
The rules come into effect in 2024 for completed batteries and in 2025 for critical minerals used to produce them.
It currently has 601 million users, up from 345 million at the end of 2020.