Finance

Indian telecommunications firm Tikona Digital gets US$171 million loan from US govt agency

Tikona Digital Network has received a US$171 million commercial loan from Overseas Private Investment Corporation on Tuesday. This latest proceeds will be used for market expansion.

Malaysian venture capital firm TinkBig to launch US$30 million fund

Malaysian venture capital firm TinkBig Venture is seeking for potential startups to be part of their US$30 million investment that is said to launch towards the end of 2017. As for details about TinkBig’s investment verticals, the VC firm’s second vehicle will allocate at least 10 percent for IoT Smart Homes focused companies in 2017. […]

China-based tech corp Kuang-Chi launches US$250 Global Tech Fund

Shenzhen-based Chinese technology firm Kuang-Chi Group announced on Wednesday the launch of a US$250 million fund to invest in global technology companies.

Bank of Jiujiang seeks to raise US$500 million IPO in Hong Kong

Bank of Jiujiang Co., a lender in eastern China's Jiangxi province, is planning to raise US$500 million IPO in Hong Kong. The potential listing is slated to begin in the second half of 2017.

Indian Aurobindo Pharma acquires Portugal’s Generis for Rs 970 crore in a bid to...

Aurobindo Pharma has inked the binding agreement, through its wholly-owned subsidiary Agile Pharma BV of Netherlands, to acquire Generis Farmaceutica SA from Magnum Capital Partners for a total consideration of 135 million euros.

Hathway Cable Unit GTPL Hathway files papers for IPO to raise US$45 million

Multi-system (MSO) GTPL Hathway, a subsidiary unit of Hathway Cable & Datacom Ltd has filed for a Rs 300 crore IPO (approximately US$45 million) which proceeds will be used to reduce debt. Hathway's IPO will consist of both a primary offer and an offer for sales by the promoters.

Tiger Brokers raises US$29 million Series B funding round backed by CITIC Goldstone, Huagai...

Beijing-based online brokerage company, Tiger Brokers Co has raised up to 200 million yuan (about US$29 million) in a Series B funding round participated by Citic Goldstone Management Co Ltd, and Huagai Capital.

SATS to acquire 10% stake in Evergreen Sky Catering Corp for US$22.3 million from...

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).

Japan’s Outsourcing Inc acquires German Orizon Holding for US$85.2 million

Japanese-listed corporate Outsource Inc has acquired the full stake in German temporary work recruitment agency Orizon Holdings for US$85.2 million.

Warburg Pincus-backed D&J China launches US$1.45 billion industrial park fund with AVIC Trust

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.
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