SEA Digest: Acclime acquires Malaysia’s Hazeldex; Vietnam’s Nhi Dong 315 raises funds

Kuala Lumpur, Malaysia. Photo: Pixabay

Asia-focused corporate services provider Acclime has completed the acquisition of Malaysia-based Hazeldex while Vietnamese tech-enabled healthcare services company Nhi Dong 315 closed its pre-Series A financing from a consortium of international investors.

Acclime acquires Malaysian firm Hazeldex

Asia-focused corporate services provider Acclime announced on Monday that it has completed the acquisition of Malaysia-based Hazeldex, an accounting, payroll, and business advisory services firm.

This is Acclime’s second acquisition in Malaysia, and further strengthens the Hong Kong firm’s presence and capabilities to over 40 professional staff, it said in a statement.

“With our on-going expansion plan in Asean, having a strong footprint in Malaysia is of strategic importance,” Acclime co-founder and CEO Martin Crawford said. “The capabilities that the Hazeldex team brings to Acclime Malaysia will enhance and complement our overall service offering.”

Established in 2018, Hazeldex specialises in providing accounting, payroll, and business advisory services to SMEs and startups in Malaysia. Hazeldex will be rebranded as Acclime Malaysia and the firm’s owner and director, Alicia Tiong, along with her team of 10, will join the Acclime family.

“This is a new chapter for our team, and we are excited to join a reputable organisation that operates throughout the region,” said Tiong. “We can now offer our clients a wider range of corporate services while providing access and solutions to other emerging Asian markets.”

Acclime had in November last year completed the acquisition of Mansec Corporate Consultant Sdn Bhd. Mansec is a corporate secretarial services specialist, providing a range of professional services in secretarial and business advisory to listed entities, SMEs, and startups. 

Vietnam health tech company Nhi Dong 315 raises funds

Vietnamese tech-enabled healthcare services company Nhi Dong 315 has recently closed its pre-Series-A financing from a consortium of international investors, according to an announcement.

The investment syndicate includes family offices (Nisaetus, Samsara Holdings), Venture Capital funds (Tremont Capital Ventures International), a Japanese healthcare corporate, and individual financial investors (Bo Tan, Dennis Ly, Christophe Péron, Grégoire Amigues).

This is Nhi Dong 315’s first external funding since it opened its first clinic in June 2019.

The company said that the fresh funds will be used to increase its operational footprint and establish itself as the leading provider of affordable and accessible paediatric care to the growing middle-class of Vietnam. The company will also invest in its technology suite, which today includes a patient-facing mobile booking app and proprietary electronic health record (EHR) system.

Nhi Dong 315 was founded by Vy Nguyen, a Vietnamese native who has launched several successful businesses. The company’s Vice Director, Zig Wronsky, is an experienced early-stage investor in the healthcare, consumer, and business services sectors in the US and Southeast Asia.

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.

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.