Rest of Asia
Zhaojin Capital is a unit of Zhaojin Mining Industry, which owns 7.02% of Tietto.
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
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 asset manager is committing $275m, Sources told Reuters.
NSSK III, launched in 2021, has already made five investments.
OMS Group could be valued at approximately $1b in the deal, the report said citing sources.
Hong Kong’s de facto sovereign wealth fund is looking to join hands with the government of Guangdong.
The new RMB fund will focus on three industries including advanced manufacturing, healthcare, and IT application innovation.
The Queensland Government-owned investor recently set up an office in Singapore.
ICG’s Strategic Equity unit is targeting $6 billion for the fund.
The predecessor Asia-focused fund garnered $800 million in 2021.
The firm is adding Singapore to the list of offices it already has in Asia, including Hong Kong, Seoul, and Tokyo.