Finance

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.

Temasek Holdings to take stake in Oxford Sciences Innovation

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.

Indonesian coal producer Bumi Resources to restructure debt, paring down US$ 2 billion via...

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.

Seedcom-Backed Cau Dat Farm Brings Smart Technology Into Vietnam Agricultural Production

Seedcom-backed Cau Dat Farm aims to regulate and improve agricultural quality with the help of Internet of Things (IoT).

DBS, Bank Of Singapore Seize Opportunities For More Acquisitions In Asian Wealth Mission

Singapore banks are scaling up with DBS Group Holdings Ltd and .Bank of Singapore, Asia's largest home-grown private bank among those in the lead as they are considering for more acquisitions.

Glassdoor Introduces Machine Learning To Help Users Know If They Are Being Fairly Paid

Glassdoor is pushing for workplace transparency by releasing a new tool at its job-search site which will ultimately help to close wage gap.
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