By Mars Woo
IFC’s investment brings Voyager’s total funds raised to $215 million and closely follows the $175-million funding round led by KKR and China’s Tencent Holdings.
The deal, which was first announced in March this year, will give Robinsons Retail 100-per cent stake in Rustans.
Lamudi has doubled down on its focus on the Philippines, Indonesia, and Mexico, but eyes at opportunities beyond in the longer term.
Securemetric, a digital security solutions provider based in Malaysia, has raised $4 million on its debut in the ACE Market of Bursa Malaysia
The third license, which could be awarded by year-end, comes at the behest of Philippine President Rodrigo Duterte and aims to boost the country’s notoriously patchy services and end a domestic duopoly long accused of being uncompetitive.
The latest investment brings the total funding raised by AND Global and its subsidiaries to $15.3 million, including equity investment and debt financing.
The new fund will invest in distressed companies in East Asia’s emerging markets.
Asia Digest: Sea confirms staff movement in Garena PH; NuMoney Indonesia launches $1m incubator fund
Sea said the changes were the result of the company readjusting to a digital economy.
The final size is less than half the original target of 1.02 billion shares for up to P140 per share.
Exacta II is managed by Exacta Capital Partners, an entity in which Japan’s Mizuho Bank has a 39.9-per cent stake.