Thai specialty chemical distributor Megachem to raise up to $5.4m in IPO


It is looking to sell 100 million shares at the price of 1.89 baht each.

Thai tycoon turns billionaire on boost from surging paint values

Prachak Tangkaravakoon founded closely held TOA Group in 1957.

Exclusive: Thai B2B fresh food e-marketplace Freshket raises 6-digit funding

FreshKet, a B2B online marketplace for restaurants and fresh food suppliers, has secured its first funding (six-digit USD) from 500 TukTuks and a local corporate venture capital fund, founder and chief executive officer Ponglada Paniangwet told DEALSTREETASIA. She did not comment on the exact amount raised, and also did not… Read more »

Thailand’s Ookbee Mall to shut down B2C online business in March

It is a JV between e-book store Ookbee and Japan’s BPO Transcosmos

Thai property developer Sansiri, SCB jointly launch Siri Venture

Siri Venture plans to invest around 100 million baht to 500 million baht in property-related innovation and startups in Thailand and Singapore.

Thai solar power producer Sermsang to divest 30% stake in IPO

In the filing, the company wants to use the IPO proceeds to expand the business domestically and internationally and repay the loan over the next three years.

Shell sells Thailand gas field stake to Kuwait’s Kufpec for $900m

Royal Dutch Shell said on Tuesday it would sell its stake in Thailand’s Bongkot gas field to Kuwait Foreign Petroleum Exploration Company (Kufpec) for $900 million. The move is the latest stage of the Anglo-Dutch company’s push to reduce debt after buying smaller rival BG Group for $70 billion, bringing… Read more »

Thailand: Ananda launches Urban Tech fund to invest in startups

It is the first Thai property developer to diversify itself into tech investments.

IPO-bound Global Green to set up biochem complex in Thailand

It expects to launch its IPO in the second quarter to part-fund the project.

Kuvera Capital Group leads $3m round in Thai digital consultancy D8ii

It will use the funding to increase its HR capacity to meet high demand from Thai companies. It plans to employ around 1,000 people by 2020.