London-listed Aseana Properties is reported to hold 72.41% stake in CIH while Hoa Lam Group and associates own 27.59%.
Propzy has secured a total of $12 million in funding since 2016.
IPOs & Markets
In 2017, the firm bagged an undisclosed amount from Mekong Capital.
The merger will create the sixth largest lender in Thailand with total assets of about 1.9 trillion baht.
The total net asset value of the acquired assets stood at around $889 million as of March 2019.
The financing will support the development of three new projects by BIM Land.
NewQuest Asia Fund IV is targeting a corpus of $850 million and has raised over $742 million.
The firm earlier raised a corpus of $70-million for its Vietnam vehicles from where it has deployed capital into two projects.
This is the first time that Grab has collaborated with a Vietnamese airline.
Thailand-based Digital Ventures invested in Nyca’s second vehicle.
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