PHI Group, a U.S.-based private equity investment firm has recently acquired the majority stake in Vietnamese agricultural company HMC which specialises in the cultivation and processing of turmeric.
Indonesian rubber producer, Indo Komoditi has acquired Sinar Cahaya Cemerlang (SCC), a local unit of Zonergy for US$33 million which will be supplied by major shareholders Alam Tulus Abadi (ATA) and Sinoasia. The shareholders' approval for transaction is slated on March 2, 2017.
Neo Corporate - a Thai manufacturer and distributor of house brand consumer products which includes Fineline and Eversense has recently raised a US$6.73 million investment from Finansa Fund Management.
Chinese antibody drug developer Mabworks raises a US$39 million Series B financing round led by Shenzhen GTJA Investment Group.
Singapore-based CoAssets on Monday has invested US$145K in a Chinese product crowdfunding platform, Da Xian Bing. CoAssets expects to increase its user base in China by 300,000 within six months of its investment in Da Xian Bing.
Beijing-based New Century Healthcare has on Wednesday completed its listing on the Hong Kong Stock Exchange (SEHK), the initial public offering (IPO) involving 120 million shares is valued at US$102 million.
Owner of Green Oriental Hotel and GreenTree Inn Hotel, China hotel management group GreenTree has crossed the border and entered into the catering business via its acquisition of Da Niang Dumplings.
The China-CEE Fund, which focuses its investments in Central and Eastern Europe, has agreed to buy Hungarian fixed line telecom and broadband internet provider Invitel Group for an enterprise valuation of €202 million (about US$214 million).
China consumer-focused GP Tiantu Capital has led a US$36 million Series C round of funding for Kuaikan Comic, a mobile app designed for reading light comics.
Axiom Asia Private Capital announced the final close of its fourth private equity fund of funds, Axiom Asia IV, at US$1.03 billion.