The new offer represents an 11.3% premium to the A$0.975 per share offered by QIC.
Yes Bank has been under pressure to raise fresh capital to improve its capital adequacy ratio.
The fundraising plan is in line with its strategy to expand its product portfolio.
Baidu's chief technology officer, Wang Haifeng, will serve as a board director for Neusoft.
Founded in 2018, SuperAtom is a startup incubated by and spun off from NYSE-listed Cheetah Mobile.
Rest of Asia
The broker is said to have been valued at over $1 billion in this funding round.
The ACCC opposed a tie-up between TPG Telecom and the local JV of Britain’s Vodafone Group in May on grounds that it would discourage both from comp
Singapore Exchange Mainboard-listed Straits Trading Company Limited is proposing to acquire a south Australian property development for $30.43 million
The company also plans to roll out its services in new cities across its existing markets across Asia Pacific region.
The startup is also in talks with VC firms such as East Ventures, Agaeti and SMDV to garner funding.
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