BG Investments has bought Ekuinas' interest, together with its minority partners, in APIIT Lanka for $10m.
Blackstone reports better Q2 distributable earnings beating expectation
Japan’s Kansai Paint, others, in talks to buy stake in US car-paint maker
Indonesian VC Intudo in talks to lead $7m funding for Yummy Corp
HK’s Arbor Ventures co-leads $15m Series A in US startup InCountry
East Ventures-backed The FIT Company acquires three wellness startups
Indonesia’s Astra launches JV with GOJEK to revive languishing car sales
Southeast Asia’s VCs are in the market to raise over $4.2 billion
Indonesia’s GOJEK adds Visa to growing list of Series F investors
Indonesian tower giant Inti Bangun Sejahtera in talks to rope in new shareholders
Indonesia’s MDI Ventures launches SG arm, to tap external LPs for new fund
A Xinhua affiliate will hold a 60 per cent stake each in Haiyuan College and Kunming Health School, which are owned by Fuda.
The funding will be used for the design and construction of a drinking water supply system in the city.
Bright Scholar has been expanding its overseas portfolio through acquisitions.
The financing will go towards a $143-million project for expanding the aquafeed capacity of Alpha Feed in China and Vietnam.
IPOs & Markets
Both companies have lodged their respective preliminary prospectuses to list on Catalist.
The fund is likely to invest up to $15 million in each portfolio company.
The investment will fund the expansion of Nafoods Group’s processing capacity and new fruit seedlings business.
The FMO investment is for a 50MW wind power plant in Pakistan.
The $350-million project is going to be developed by a special purpose vehicle formed by global clean energy firm Fortum and Jakarta Propertindo.
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