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SPH Reit

SPH REIT acquires 85 percent stake in Australian shopping center for US$124.5 million

SPH Reit is acquiring the property via Moelis Austhrough Figtree Holding Trust, a wholly-owned joint venture trust of SPH REIT Moelis Australia Trust.
Nirvana Asia

CVC to Explore US$1.8 Billion Sales of Malaysia-based Funeral Group Nirvana Asia

The deal for Asia’s largest funeral service provider is said to be worth between US$1.5 to US$2 billion.
500 Startups Vietnam

500 Startups Vietnam to launch US$100K investment accelerator programme in partnership with South Korean...

The new accelerator programme for 2019 has a total investment of US$100K, which will be used to support three batches of Vietnam-connected startups.
Traveloka

Indonesia’s travel tech unicorn Traveloka acquires three regional rivals

Traveloka has reportedly paid US$66.8 million to acquire three online travel agencies through a shell company named Jet Tech.
GreatDay HR

Rebranded GreatDay HR, Indonesian Human Resource Platform raises US$2.5 million in pre-Series A funding...

GreatDay HR was previously known as SunFish Go, which was launched by DataOn (PT. Indodev Niaga Internet) in 1999.
Artotel

Indonesian hospitality company ARTOTEL secures strategic funding from Intudo

13/12/2018 - ARTOTEL Group, an Indonesian hospitality company has today secured a strategic investment led by sole investor Intudo ventures. ARTOTEL is set up in...
Singapore

Singapore’s ICT Fund to launch US$100 million second vehicle in 2019

ICT Fund II will add another 12 to 14 enterprise technology firms across Southeast Asia into its portfolio.
Oncology drugs

AUM Biosciences secures US$1.5 million seed funding to develop affordable oncology drugs

AUM did not reveal the names of the participating investors or any other financial details.

Philippines Live Streaming startup Kumu grabs US$1.2 million from Summit Media

Part of the funds will be allocated to supporting live streamers with their creative process.

Singapore’s EDBI joins US$90 million funding round in US startup Pindrop

Pindrop said it would use the latest funding to boost its European expansion plans and its drive into IoT.
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