Antonia Timmerman

SGX-listed Spackman Entertainment to acquire talent firm Constellation Agency for $12.3m

Constellation Agency is primarily involved in the business of representing and advising Korean artists in overseas markets.

Mapletree Industrial Trust completes joint purchase of 14 US data centres for $753m

In all, MIT’s investment comes up to about $304.7 million.

ADB to extend $150m loan to Vietnam for rural development

The loan from ADB is expected to help develop basic infrastructure across key sectors including trade, transport, health, and agriculture.

New Zealand Super Fund excludes recreational cannabis firms

The exclusion does not include companies working with licensed and authorized medicinal cannabis.

Lippo Group’s Ovo enters co-branded partnership with GrabPay in Indonesia

Grab and Ovo have another common link: The Riady family. The Riady family, which owns the Lippo Group, has invested in Grab through Venturra.

Indonesia Digest: Grab-Kudo joins hands with PayTren; M-Cash launches partnership program for SMEs

The latest developments in the consumer internet space in Indonesia has seen ride-hailing transportation app Grab and its Indonesian unit Kudo form a strategic partnership with mobile payment and transaction app PayTren to further penetrate the country’s middle-class market segment, while digital solutions provider M Cash Integrasi has launched a partnership program… Read more »

KKR injects additional capital in UAE-based Joulon to back acquisitions

The company’s business model is based on acquiring businesses in the oil and gas MRO space.

Temasek’s Accuron MedTech leads $1.9m pre-series A in Singapore startup Advent Access

Advent Access, a medtech startup spinoff from A*STAR, aims  to reduce dialysis cost and restore quality of life for kidney failure patients, while tapping into a $90 billion worldwide market.

Indonesia: Azure Ventures leads seed round in SaaS startup MailTarget

Proceeds from the funding round were earmarked for product development and talent acquisition.

Australia’s PE major Quadrant closes latest fund at $864m

Capital for the latest fund came exclusively from Quadrant’s existing investors in Australia and overseas. The sixth fund comes only a year after it raised $746 million – A$980 million – for its fifth fund, its largest at that time, in August 2016. With the latest fund set to be a larger one, Quadrant maintains its record of having every fund larger than its predecessor.