Nguyen Thi Bich Ngoc

Senior Writer, Private Equity and Venture Capital​

South Korea’s Mirae Asset invests $243m in HK’s posh office tower

The Goldin asset is said to have enjoyed an increase of HK$4.2 billion in fair value by the end of 2018, from the HK$12.5 billion fair value in 2016.

IFC may extend $15m risk sharing facility to Cambodia’s PCCBank

The facility is aimed to to enhance the Cambodian lender’s capacity to serve local SMEs.

Monk’s Hill Ventures boosts SE Asia leadership team, appoints two partners

Michele Daoud, who is based in Singapore, also becomes Monk’s Hill Ventures’ first female partner.

China’s Kunlun Tech to invest $50m in autonomous driving startup, co-founded by former Baidu executives, had raised a total of $214 million in its Series A and A1 financing rounds in 2018.

North Base Media reaches $15m first close for second fund

North Base, which has backed 23 startups, is targeting to raise $75 million for its NBM Investment Fund II.

Bain Capital’s proposed acquisition of Japan’s Kosaido falls through

The Japanese firm’s stock price going above Bain’s tender price of 700 yen ($6.3) was largely behind the shareholder objection.

China’s DCL Investments targets $500m for first USD fund: Report

DCL Investments is aiming to reach the final close for its RMB vehicle in the first half of this year.

Chinese EV trading platform Shenma raises $20m from KTB Ventures, Frees Fund

The fundraising, which marked the third round of financing Shenma has raised in the last six months, was completed in January.

OLED display maker JOLED raises $229m from Japanese consortium

The consortium includes Innovation Network Corporation of Japan (INCJ), Sony Corporation and Nissha.

Bain & Co appoints new managing partners for SE Asia, Australia

Bain has named Jean-Pierre Felenbok as its managing partner for Southeast Asia. He will succeed Satish Shankar, who was promoted to managing partner for Asia Pacific in March.