The fragmentation in the realty market makes it ripe for consolidation, says Golden Equator Capital’s Daren Tan.
This transaction will be the first development finance institution loan to Sajida.
DealStreetAsia first broke the news in July, when sources familiar with the matter had pegged the deal size at $4-5 million.
The oversubscribed fundraising enabled Xiang He Capital to exceed its initial target of $350 million.
Thailand-based 2C2P was recently the target of a failed acquisition attempt by Southeast Asian ride-hailer Grab.
Cortp.com offers recyclable packaging solutions to its customers.
Grab’s double-down on investment commitment comes at a time when the Vietnamese ride-hailing market is witnessing increased competition.
The PR firm expects to close the transaction in early October.
Med247 is the second Vietnam-based investment KK Fund has announced.
Ubox said apart from the new capital injection, it is more important to be able to work with Alibaba’s new retail ecosystem.
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