Enterprise

Axiom Asia Private Capital closes new Asian fund-of-funds at US$1.03 billion

Axiom Asia Private Capital announced the final close of its fourth private equity fund of funds, Axiom Asia IV, at US$1.03 billion.

Australian media tech firm Isentia Group buys China Newswire to grow...

Isentia, a content distribution and media analytics technology company based in Sydney, Australia announces the acquisition of Shanghai-based China Newswire.

Samsung NEXT launches US$150m venture fund targeting AI, VR and IoT...

Samsung has announced its intention to invest in seed to Series B stages within virtual reality, artificial intelligence, and IoT space via Samsung NEXT, a US$150 million venture capital fund.

China’s New Century Healthcare targets US$129 million in Hong Kong IPO

China New Century Healthcare is looking to raise up to US$129 million in an IPO at the Hong Kong Stock Exchange this month. The trading of the company's share will begin on January 18.

Israel’s Yozma Group to invest US$ 41.4 million in Korean biotech...

Israel's leading venture capital firm Yozma Group is entering the global markets, investing US$42.1 million in Korean startups through a fund named "Yozma Group - Daesung Private Equity Inc" which is slated to begin in the first half of 2017.

Chinese online gaming firm G-bits Network Technology raises US$138 million in...

Backed by IDG Capital, Fortune Capital and the direct investment arm of Ping An Insurance, Chinese online gaming firm G-bits Network Technology has completed its IPO on the Shanghai Stock Exchange, raising an amount of US$138 million.

SATS to acquire 10% stake in Evergreen Sky Catering Corp for...

Singapore-listed SATS has entered into a conditional share sale agreement with Malaysia Airlines to acquire a 10 percent stake in Evergreen Sky Catering Corporation (ESCC) for RM100 million (about US$22.3 million).

VinaCapital and partners to open US$4 billion Vietnam casino project in...

Vietnamese real estate investment and development firm VinaCapital Group to open a US$4 billion integrated tourism and leisure destination - operate under the name Hoiana and the property’s first phase will open in early 2019.

Singapore unicorn Garena in talks for US$1 billion IPO listing in...

Garena Interactive Holding Ltd., a Singapore-based unicorn is reportedly going ahead with an initial public offering in the United States that may raise US$1 billion, according to Wall Street Journal.

EVISU buys back rights to China retail and franchise at US$40...

EVISU Group Limited, a Japanese high-end denim brand, has announced today that it has bought back the retail and franchise rights for the Chinese market at a price tag of US$40 million.
  • Market