By Bloomberg News
The upstream unit of state-controlled PTT Pcl is in talks to purchase a stake in oil, natural gas or liquefied natural gas assets in Southeast Asia and the Middle East.
IFC’s proposed investment in Hattha Kaksekar Limited is seen as a way to deepen the debt market in Cambodia.
The round was joined by Thai conglomerate SCG’s venture arm AddVentures, and strategic investors K-Ventures, Peterson Group and Axis Capital Partners.
Vatic Ventures owns 80 per cent of Thai potash explorer Saksrithai Development.
Alibaba aims to tap Chinese consumers’ appetite for the Southeast nation’s agricultural goods and for its tourism market amid growing competition from rivals.
CPF agreed to purchase a total of 4,666,667 newly-issued ordinary shares in Camanor.
The seller is Thai real estate firm Pace Development Corporation that is selling 14 billion baht worth of assets, including a substantial part of Thailand’s tallest building MahaNakhon.
TPG is stepping up healthcare investments in Asia that is seeing growing affluence, ageing population and increased availability of medical insurance.
The JV has initiated one billion SIX tokens, each valued at 10 US cents, and is targeting to raise nearly $43 million via ICO.
Offerings of digital coins as well as trading platforms will fall under the regulatory framework.