Telco company U Mobile Sdn Bhd is taking up a $240 million loan to fund its expansion programmes.
The AUM of all Asian pension funds – a total of 48 – surged by 20 per cent to almost $5 trillion in 2017.
The startup raised the money from FirstFloor Capital, Japan-listed Capital Aucfan Co Ltd and other private investors
The programme has received commercialisation funding from external investors – both local and foreign – from 2008 to 2016
The new programme will induct 10-12 startups for the first cohort of Plug and Play travel and hospitality accelerator.
Its seventh fund is set to exit its investment in B Medical Systems by the end of this year.
SlideApp is the second acquisition made by Buzzvil, it acquired US-based startup Slidejoy last year.
The acquisition aligns with KWAP's aspirations to increase its international property exposure, the pension fund said.
Bursa-listed KIP Real Estate Investment Trust (REIT) has proposed to buy a mall for $51 million in cash.
Cradle Fund acting CEO and COO Razif Abdul Aziz said the firm seeks to solidify its plan for direct equity investments through its early-stage funding
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