At the annual Global Brain Alliance Forum, founder and CEO Yasuhiko Yurimoto has announced the creation of a sixth fund to be valued at Us$175 million. The fund made its first close at US$130 million, with its final close expected in June 2017.

Warburg Pincus-backed integrated business park and suburban office operator - D&J Industrial Property Investment Ltd has launched a RMB10 billion (about US$1.45 billion) fund with AVIC Trust to invest in China's industrial infrastructure.

Ruvento is announcing a new US$25 million seed fund for hardware startups in need of capital from Singapore China and the United States.

Temasek Holdings Pte, Singapore's state-owned investment fund, said it has become a limited partner in Oxford Science Innovation. The financial terms of the investment were undisclosed.

JP Morgan Asset Management invests Rs 200 crore (about US$ 30 million) in Assetz Property. The capital will be used to build an 18.5 acre residential project in north Bangalore.

PT Bumi Resources Tbk (BUMI) will issue new shares worth US$ 2 billion. The maneuver was carried out by Bumi Resources to repay its debt to China Investment Corporation along with eight other investors.

F&N owned by Thailand's richest man, Charoen Sirivadhanabhakdi is to acquire Vietnam Dairy Products JSC (Vinamilk) to expand its market share in Southeast Asia, against Coca-Cola and Pepsi.

Singapore private university, SIM has a new initiative where it is investing US$35.1 million in a multi-pronged approach to encourage the building of new startups - in both an entrepreneurship programme, Platform E and funding startups at their pre-seed or seed stage.

On a weekend late in November, NetEase, a technology firm providing online services made more than US$75, 000 by selling just three items - Jeju Black Pigs.

Vietnamese biggest brewer producer, Sabeco has posted its shares on Ho Chi Minh Stock Exchange. Its share with an opening price of 110,000 dong has hit 132,000 (US$ 5.8) on the same day.