Deals
The Adani Group company announced the sale in May 2022 after a military coup in Myanmar
PE giant KKR to invest $400m in Malaysian subsea cable services provider OMS Group
DEG commits $25m loan for Silver Dragon Water Supply Group
Chinese coffee chains see Japan as key testing ground ahead of global expansion
Tech-enabled B2B commerce struggles to survive in Indonesia, Vietnam but hope lingers on
Indonesian investment firm Saratoga seeks to build a more sustainable portfolio
More Stories
Editor’s take: The week that was—Oct 23-28
GoTo-backed digital lender Bank Jago’s profit jumps 24% in 9M 2023
Sequoia Capital marks up the value of 15 funds, writes down four
With funding in purse, From This Island joins starry lineup of beauty brands in Indonesia
SE Asian venture funding in Jan-Sept 2023 retreats below pandemic levels
The deal will pave the way for Chevron’s exit from the Asian country.
Following a military coup in Myanmar in 2021, Telenor announced the sale of its business.
Puma’s interest in Myanmar includes the a fuel import terminal at Thilawa and aviation fuel supplies.
The transaction is subject to customary closing conditions, including Myanmar regulatory approvals.
Myanmar
Norway’s Telenor withdrew from the country in March this year in a departure mired in difficulty.
The move would mark the exit of the country’s last foreign telecom operator
Kirin’s 51% stake in Myanmar Brewery will be sold back to the brewery for $164m
Analysis
The report covered 380 venture investors in Southeast Asia.
Venture Capital
In 2020, Ascent Capital Partners led a $26-million minority investment in Frontiir
