Ka Kay Lum
Beyond the usual key gateway cities, Asian investors are starting to have an increased appetite for Central and Eastern Europe (CEE).
The fund will largely focus on the Japan market, with some allocation to be made to South Korea and Singapore.
Singapore Press Holdings-backed MindChamps is said to be expanding its business to Malaysia and China.
The new investment is said to help Ucommune better utilise the startup’s resources on its platform.
Sino Hua-An is foraying into the food and beverage and tech segments by acquiring two companies for a total of 14 million ringgit ($3.4 million) in cash.
The public offering comes on the heels of its recent $171 million convertible loan from Chinese internet giant Alibaba Group last week.
Beijing-based Jingle Magic is involved in the development of VR/AR and AI-based educational equipment and software.
As of March 20, ESR Australia had picked up a 98 per cent stake in Propertylink Securities.
FORUM, which has built six companies under its platform so far, claims to be the largest fintech builder in emerging Asia.
Baring PE Asia’s Fund VII recently hit its first close at $4.5 billion.