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The round was joined by .406 Ventures, Devonshire Investors, F-Prime Capital, Flare Capital Partners, GE Ventures, Humana, Khosla Ventures and Polaris Partners.
French clothing group Etam Group has agreed to sell its Chinese ready-to-wear (RTW) business to Hong Kong-based Jaoboo Fashion Group International founder and CEO Jinguo Zhou.
Grab users will soon be able to use GrabPay at Maybank’s key merchants, expanding the ride-hailing and payments firm’s reach to a wider network of merchants in the country.
Its third fund, the $415-million Creador III, is currently over 85 per cent deployed.
Maybank Asset Management Group Bhd has announced that it has completed the acquisition of both the fund management firms of Permodalan Nasional Bhd.
Malaysia’s Employees’ Provident Fund has ceased to be a substantial shareholder of Sapura Energy Bhd,
The merger will create the fourth largest industrial REIT in Singapore with approximately $2.23 billion in assets
The round was joined by Sumitomo Corporation of Americas, Leslie Ventures and Khosla Ventures.
The round was joined by Lightspeed Venture Partners, Airbus, Saudi Aramco Energy Ventures and B37 Ventures.
The fund, launched in partnership with asset manager Lighthouse Canton Group, will eventually be scaled up to $S200 million ($149.19 million).