Metro Pacific Investments has said it plans to sell a 40% stake in Metro Pacific Hospitals at a valuation of $2-$2.5 billion.
India: Mobile gaming platform Nazara acquires Sportskeeda
LUN Partners leads Series A funding in insurtech startup The CareVoice
Indian market regulator Sebi relaxes FPI rules, share buyback norms
People Digest: OYO to lay off 150-200 from sales; Paytm promotes Madhur Deora as Prez
India Dealbook: InterviewBit, Dose FM in funding news; Avanti eyes $150m
Vietnam’s e-commerce major Tiki acquires Ticketbox
GOJEK may enter Malaysian market soon, says Youth Minister Syed Saddiq
WhatsApp sets sights on launching mobile payments service in Indonesia
SG’s Sea Ltd’s gaming division buoys Q2 earnings amidst widening losses
Indonesia’s Medco Energi to list Amman Mineral subsidiary by early 2020
The Mitsubishi UFJ Financial Group banking subsidiary is making the investment through group member Bank of Ayudhya of Thailand.
The amount raised from the green bond issue will be used to fund climate-smart projects.
China’s tech giant Baidu and Chinese automotive producer Hongqi are working together to deploy 10 robo-taxis in Changsa.
BP has established a JV with DiDi Chuxing to build an EV charging infrastructure in China.
Metro Pacific owns 85.6% of the healthcare unit while Singapore's GIC owns the rest.
Philex is looking at 60% to 40% equity-sharing arrangement.
The seed round values the two-year-old edtech startup at 68 million pesos ($1.3 million).
IPOs & Markets
With $21 million in losses in 2018, analysts said Coffee Bean will be a drag for Jollibee.
Proceeds from the offering will be used to fund key property acquisitions for leasing purposes.
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