Thai car sharing platform Drivemate gets seed funding from 500 Tuktuks, DTAC


Drivemate plans to launch new services and expand in neighbouring countries.

Thailand’s Converse distributor Rich Sport to tap IPO market

Rich Sport joins 14 other companies that have submitted their IPO filings

Thai VC Creative Ventures launches $50m fund focused on deep tech

He plans to close the first round at $30 million in the next six to nine months.

Krungsri Finnovate leads Series B+ in Thai ICO unicorn Omise

This marks the second investment of Krungsri Finnovate after its series A round in Finnomena two weeks ago.

Macau company partners Thailand’s Wi Holding to raise $300m via ICO

Thailand’s Wi Holding and Macau’s China Kingdom Group this week outlining plans to issue virtual tokens that represent equity in the project over the next 6-12 months.

Thai-listed EGCO to jointly invest in Laotian hydel project

The 650-MW hydropower project will commence operations in 2022.

Thailand: TICON plans to convert three property funds into REITs

It will appoint BBL Asset Management as the trustee for TREIT and complete the conversion this year.

Thai Supalai sells Philippines office asset to unit of HK private equity firm

Sky Megaplaza Properties is a wholly-owned subsidiary of Hong Kong-based private equity fund Arch Capital’s TRG Asian Partners III

Thai coal miner Banpu takes 25.7% in Singapore’s Sunseap Group for $56m

Sunseap has an operating capacity of 93.3 MW of solar power that is set to increase to approximately 182.9 MW .

Krungsri Finnovate leads $3.2m Series A in Thai fintech startup Finnomena

Other investors in this round include Benchachinda Holdings and 500 TukTuks.