By Yoolim Lee
Analysts view Sea as Southeast Asia’s leading growth company with backing from Chinese colossus Tencent that should help it capitalize on the region’s adoption of games, e-commerce and digital payments. Sceptics see little evidence that Sea is developing anything resembling a business model.
The latest round in C2FO was led by the investing arm of global insurance and asset management giant Allianz and Abu Dhabi’s Mubadala Investment Co.
Singapore’s sovereign wealth fund GIC Private Limited has partnered with mainland real estate developer China Vanke Co. for the development of high-end shopping centre in Shanghai
The PE firm had made the first close of its Dymon Asia Private Equity (SE Asia) Fund II at $325 million in December 2017.
Asia Pacific Exchange Pte has received licenses from the Monetary Authority of Singapore to operate a derivatives exchange and clearinghouse.
The transaction is part of New Silkroutes’ move to become a major supplier of healthcare consumables in China and Southeast Asia.
Allianz will now begin amalgamating the operations of both companies
Renewable energy producer Equis Energy has named Nitin Apte as CEO of the company.
Summit Power is likely to be the first Bangladeshi firm to list in Singapore.
Strawberry Star Group has acquired a mixed-used development in London and listed an investment vehicle on TISE.