The Malaysian government and Goldman have not yet arrived at an agreement on the amount of compensation owed by the US investment bank.
Singapore REITs raise record capital via secondary share sales
Chinese AI Startup Megvii goes full tilt with IPO despite US blacklisting
Mubadala eyes debt market, mulls backing SoftBank Vision Fund 2
Qatar’s dairy firm Baladna to raise around $392m in IPO
India: IL&FS raises $115m through sale of wind assets to Japan’s Orix
Indonesian unicorn Tokopedia in talks to raise pre-IPO financing
State-backed Cool Japan Fund to invest $50m in Indonesia’s Gojek
Indonesian restaurant operator Champ Resto mulls $150m IPO
Singapore: Insignia Ventures Partners raises $200m for second fund
Ant Financial-backed BAce leads Series A funding in Indonesian proptech startup RoomMe
China has stepped up efforts to open its financial sector amid a festering trade war with the US.
Budget 2020 also promises to support and encourage new financing options such as Equity CrowdFunding (ECF) and Peer-to-Peer (P2P) platforms.
Smart City Kitchens had in July accused Deliveroo and GrabFood of shutting out its tenant restaurants from their delivery platforms.
The move could scupper the debt-ridden firm's sale to JSW Steel Ltd.
The lawsuit argues that the cruising rule threatens to shift business away from ride-hailing firms in favor of taxis.
The six startups are Modalku, KTA Kilat (Pendanaan), Kredit Pintar, Maucash, Finmas (Sinarmas and Oriente-backed fintech firm) and KlikACC.
The bank will now have to explore options for raising capital to help lift regulatory restrictions.
MIT is an investor in Qiming Venture Partners, a backer of Megvii Technology. Megvii also landed on the US blacklist.
ByteDance acquired Musical.ly for $800 million in late 2017 and soon after was merged with its TikTok app.
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