Thailand’s Storylog eyeing $150K pre-seed round


Three months into its launch, and after having crossed a major milestone of one million page views, Thailand’s story-telling platform Storylog, one of the startups in the final round of Dtac Accelerate in 2014, plans to raise about $150,000 in March, in a pre-seed round. The pre-seeding fund will be… Read more »

Taiwan’s largest e-commerce firm PChome forays into Thailand with $100m JV

The e-commerce scene in South East Asia’s second largest economy is heating up. The latest entrant is Cal-Comp Electronics (Thailand) Plc, a subsidiary of New Kinpo Group and a leading global electronic manufacturing services (EMS) company, which has formed a joint venture with Taiwanese Internet media company PChome Online to provide… Read more »

Thailand Dealbook: TCFP, CKP

To pave the path to cope with tougher competition and bolster their business’s competitiveness, Thailand’s leading companies let their subsidiaries, such as TCFP and CKP, acquire other companies and invest both domestically and regionally. At DEALTREETASIA, we believe that the M&A trend will only increase this fiscal. TCFP acquires more… Read more »

MINT in $190m deal for hotels in Portugal, Brazil

Minor International Plc (MINT), one of the largest hospitality and leisure companies in Asia Pacific, announced that it would spend 168.2 million euro ($190.63 million) to acquire hotel assets in Portugal and Brazil. This acquisition is the company’s first hotel investment in Europe and South America. The company will take… Read more »

Thai media major PLANB plans listing

Thailand’s media provider Plan B Media Plc (PLANB) plans to issue 897,609,000 shares, equivalent to 25.7 per cent of its paid-up capital, in its initial public offering (IPO) this year, a top company executive said. The company declined to reveal how much they expects to raise from the listing and said… Read more »

WHA Corp promoter plans to offload 10% stake

One of the major shareholders of Thailand’s listed warehouse and factory developer, WHA Corp Plc, has decided to sell part of the stake to one of the world’s top three leading funds this week. WHA’s chief executive Somyos Anantaprayoon, declining to reveal the fund’s name, said that the foreign fund had shown interest in becoming WHA’s shareholder… Read more »

Thailand’s AMATA set to tap into Myanmar

Thailand’s listed industrial estate developer AMATA Corporation Plc (AMATA) is planning to co-invest in a project to establish a new industrial estate in Myanmar. In the seminar entitled “Amata : Rising with Asia”, AMATA’s chief executive Vikrom Kromdit said that that the company is interested in investing in Greater Mekong Subregion and… Read more »

EXCLUSIVE: MATCH to acquire media co for $3m

Matching Maximize Solution Plc (MATCH), a Thailand-based, SET-listed major media production house, plans to spend around 100 million baht ($3.06 million) to acquire local production house in a bid to bolster its business. Chief executive officer Poomchai Wacharapong said that they would like to acquire a company which, is an expert… Read more »

Merger of Thailand’s BECL & BMCL approved

The board members of Bangkok Expressway Plc (BECL) and Bangkok Metro Plc (BMCL) have agreed to merge the two companies to strengthen their business position and boost competitiveness in the ASEAN region. BECL is an operator of the expressway and MBCL operates the MRT mass transit network in Bangkok. BECL’s managing director… Read more »

Thai e-retailer MOXY acquired by WhatsNew Group

Thailand-based e-commerce company WhatsNew Group has acquired online lifestyle shopping portal Moxy, as a move to expand its product offerings, a report said. Both companies did not disclose the deal size. Also read: Eduardo Saverin, Velos invest in Indian e-retailer Hopscotch As a part of this acquisition, Shannon Kalayanamitr, chief executive and founder of… Read more »