Deals
AI coding unicorn sees corporate demand in automation amid engineering shortage.
1
Peter Thiel-backed Cognition eyes Japan, Singapore offices in Asia push
2
Joe Tsai’s family office leads Series A round for Asian basketball league
3
Hong Kong grants first stablecoin licences to StanChart JV, HSBC
4
Vietnam’s Vingroup mulls $6.5b investments in India's Maharastra state
5
China eases access for innovative startups to list on ChiNext board
More Stories
Singapore’s BIOBOT Surgical secures S$10m, ClavystBio joins cap table
SG-based Olam revamps management as part of restructuring plan
Waresix unit surges 34% in IDX debut, triggers trading halt
Lazada SE Asia narrows losses in FY25 as costs fall but impairments weigh
After SariWangi, Unilever Indonesia looks to divest Buavita juice brand
Analysis
They signal confidence, operational involvement, and a long-term plan to create value.
Earnings and Results
The company booked an impairment loss of $351.8m on investments in its subsidiaries.
People
Chief executive and co-founder Sunny Verghese will step down as group CEO.
IPOs & Markets
Asia OneHealthcare has 31 hospitals across Malaysia, Indonesia and Vietnam.
Existing cornerstone shareholder ZIG Ventures Limited also doubled down in the round.
Excluding these gains, the core business remained loss-making, though losses narrowed.
Revenue rose 42.8% year-on-year to $41.1 million in FY2025.
SSG Capital founder Wong has been instrumental in building the firm’s Asia credit franchise.
The new equity builds on more than $2 billion in net proceeds it has generated since January 2025.
