Deals

Singapore

Honestbee hit with wind-up petition from creditor

Honestbee lost court protection from creditors for its $230 million of debt in March after a Singapore court rejected its request for more time.

Singapore

Singapore’s SPH puts investments on pause amid coronavirus crisis

SPH recently terminated an agreement to acquire a portfolio of six senior housing properties in Canada for about $174 million.

India

SpiceJet stock rise shows investors are banking on bailout

SpiceJet shares' rise suggests its shareholders aren’t quite worried about the government or a fund created by it getting a large equity stake.

Rest of Asia

WeWork sues SoftBank for dropping $3b tender offer

SoftBank said it would not press ahead with the tender offer because several pre-conditions had not been met.

Greater China

China Deal Monitor: Sequoia-backed Insight nets nearly $28m and more updates

Earlier, in 2018, Insight raised 100 million yuan ($14 million) in its Series B funding round.

Greater China

Demand for China’s Luckin app surges as consumers rush to claim free drink

The development comes in amidst worry that the chain might collapse after it said much of its sales last year were fabricated.

Indonesia

Indonesian accounting platform BukuWarung nabs seed funding led by East Ventures

AC Ventures, Golden Gate Ventures, Tanglin Venture Partners and several angel investors joined the round.

Greater China

State-owned developer Huafa to buy 30% stake in Weiye for $127m

Huafa Industrial will become the controlling shareholder in Weiye following the deal.

Rest of Asia

ASX-listed Citadel acquires UK healthcare tech firm Wellbeing for $126m

The seller was PE firm Elysian Capital, which realised a 4.5x return on its investment.

Rest of Asia

Saudi fund picks up 8.2% stake in cruise company Carnival

The Saudis are getting a bargain-bin price for Carnival -- it’s down 81% this year -- as the cruise industry faces unprecedented risks.

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW

Singapore Reporter/s

In Singapore, we are looking to double our reporting team by this year-end to comprehensively cover the fast-moving world of funded startups and VC, PE & M&A deals. We want reporters who can tell our readers what is really happening in these sectors and why it matters to markets, companies and consumers. The ability to write precisely and urgently is crucial for these roles. Ideal candidates must have to ability to work in a collaborative, dynamic, and fast-changing environment. We want our new hires to be digitally savvy and ready to experiment with new forms of storytelling. Most importantly, we are looking for hard-hitting reporters who work well in a team. Collaboration and collegiality are a must.

Following vacancies can be applied for (only in Singapore).

Following vacancies can be applied for (only in Singapore).   

  • A reporter to track companies/startups that have raised private capital, and have the potential to become unicorns. SEA currently has over 40 companies with a valuation of over $100 million and under $1 billion.
  • A reporter who can get behind the scenes and reveal how funding rounds are put together, or why they’ve failed to materialise. She/he in this role will largely focus on long-format stories. 
  • A journalist to track special situations funds, distressed debt and private credit (from the PE angle) across Asia.
APPLY NOW