By Natnicha Chuwiruch
Grab hopes Thailand’s upcoming general election will help revive the conversation about legalizing ride-sharing in the country.
RATCH has acquired 50% in FRD, a major shareholder in Asahan-1 Hydroelectric Power project in Indonesia.
Eko, founded by scion of Thai CP Group, raised a $20-million Series B led by Indonesia’s SMDV to boost expansion in the West.
Bellisio Foods and Overhill Farms produce more than 400 products spanning a wide variety of frozen food categories.
Chonburi-based residential developer Arinsiri Land Plc is planning to tap the Market of Alternative Investment with its IPO.
Siri Ventures is the joint venture VC arm of Thai-listed property developer Sansiri Pcl and Siam Commercial Bank.
The capital raised will help Eko to further accelerate its expansion in Europe and North America.
The proposed bid, which is also backed by investment firm Trinity White City Ventures, includes a mix of equity and debt.
The FinLab has launched its accelerator programme in Thailand while iflix has partnered telecom service providers in the Philippines and Indonesia.
Middle East Glass Manufacturing (MEG) and the Samaha Family will retain 16 per cent and 10 per cent shareholding in Medco Plast after the transaction.