Ka Kay Lum
Investing in global funds could help it source investments beyond Southeast Asia, such as in Europe, Israel or the US.
Felda has been considering an exit from the deal which was signed in 2017 to acquire a 37 per cent stake in Rajawali’s Eagle High Plantations.
The CVC fund will focus on investments in the travel and lifestyle sectors.
In a heated race to become Southeast Asia’s super-app, Grab Indonesia managing director Ridzki Kramadibrata said the startup is “on good track” towards achieving that goal.
With the divestment of the real estate business, Thomson Medical Group becomes one of Asia’s largest pure play healthcare companies.
According to a news report, investment banking firms including Goldman Sachs, UBS, Macquarie Capital, Citi and Credit Suisse have been asked to pitch to iflix.
Consumers can now apply for a UOB card directly from the Grab app or by scanning QR codes found in Grab cars in Singapore.
Accuron MedTech is said to be the largest medical device business in Southeast Asia, with a core focus on urology devices and services.
Negative market sentiments is seen as the main reason that businesses are holding back from going into the public market.
Pliops’ Series A investors, including Intel Capital, State of Mind Ventures and Viola Ventures, and strategic investors Western Digital Capital and Xilinx also participated in the round.