By Paulina Duran
The Future Fund exceeded its return-on-investment goal for the year.
Allianz RE and Scape Australia will set up an Australian dollar-denominated, close-ended fund targeting to raise AUD500 million.
The private temporary lodging law limits home-sharing to 180 days a year, a cap some hosts say makes it difficult to turn a profit.
Restaurateurs were disgruntled with contract terms they said left them, and not Uber, responsible for late deliveries despite being charged by Uber for the service.
Omera Petroleum is eyeing a $60-million capital expenditure over the next two years.
A consortium led by U.S. private equity firm Bain Capital last year won a long and highly contentious battle for the unit. But Toshiba was unable to complete the sale by the agreed deadline of March 31 as it was still waiting for approval from China’s antitrust authorities.
INCJ will be investing $3.7 million in Optical Comb while PeptiStar will get up to $7 million from the Japanese investor.
Australia’s biggest general insurer has ventures in Malaysia, Thailand, Vietnam and Indonesia in SE Asia.
Plaid’s Karte has analysed an accumulated total of 2.2 billion users and up to ¥548bn in annual sales.
Asia Pacific’s disclosed deal value surged to $7.2 billion, with 61 deals in 2017, the highest level since 2001, the report noted.