India
MFV Partners and a syndicate on LetsVenture also participated in the round.
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Indonesia agritech shows resilience but capital flow remains selective
Danantara acquires hospitality and real estate assets in Makkah
Malaysia’s Halogen Capital raises $3.2m round led by Kenanga, 500 Global
VinFast pledges another $1b to scale EV production in Indonesia
Brookfield buys eight logistics, industrial assets in Singapore for $262m
Singapore
The company is seeking minority stakes in financial services and gaming firms.
The company’s total expenses were up 22% year-on-year.
World
Since its inception in 2003, the fund has returned 9.63 per cent per annum.
In 2019, there were 58 transactions worth $16.2 billion, compared with 49 transactions worth $10.4 billion in 2018.
Indonesia
Indonesia’s consumption-driven internet economy should continue to provide opportunities for growth.
Thailand
China beat Japan for the first time as Thailand’s top foreign investor in 2019.
Similarly, global PE fundraising and dealmaking also slowed although the industry still recorded robust figures.
Among those that are looking to tap the bourse are the subsidiaries of construction firm Wijaya Karya.
Singapore and Indonesia scored the bulk of the investments.
