IPOs & Markets
Affinity, which acquired a minority stake in Leong Hup in 2014, will see its holding fall from 23 per cent to 9.89 per cent after selling the shares.
The Series A funding round was closed nearly a year after Swingvy raised $500,000 in its Seed Round led by Aviva Ventures.
KHI is also subscribing 52 million convertible preference shares to be issued by Modenas. Once converted, KHI’s stake in the company will rise to 48
The loans are earmarked for Proton's growth and expansion plans in the region.
CMC Group specialises in system technology for public transportation, info-communication and power and energy sectors.
MaGIC's four-month Global Accelerator Programme aims to help startups scale up across the ASEAN countries.
Malaysian poultry producer Leong Hup is targeting to raise as much as $291 million in a scaled-down IPO in mid-May.
Q & A
Going forward, the startup plans to consolidate its operations, expand the team and execute its marketing strategies to generate more business leads.
As part of the deal, iflix will distribute JTBC's premium content across Asia. It could also potentially collaborate with the South Korean firm for co
The company cut the offer size to up to 1.2 billion ringgit ($290.84 million), including an overallotment option, from an earlier target of $600 milli
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