Page 76

Qualgro, Gordian Capital launch US$50 million fund to invest in ASEAN startups

The Qualgro ASEAN fund will focus their investments on startups in Southeast Asia, Australia, and New Zealand.

Myanmar Investments raises US$6.3 million to expand portfolio

The round exceeded its original target between US$3 to US$5 million.

IFC commits up to US$25 million in North Haven Thai Private Equity

International Finance Corporation (IFC), a member of the World Bank Group is making an equity investment up to US$25 million in North Haven Thai Private Equity L.P. IFC said the private equity fund is looking...

Indochina Capital to invest in Vietnam co-working space operator Toong

This marks the first funding by a private equity firm in the Vietnam’s co-working space sector.

Investree steps up with plans to enter Vietnam and sharia-friendly services

The Indonesian startup will begin its Vietnam expansion project in 2018.

Blibli acquires online travel agent Tiket.com to strengthen travel foothold

The acquisition of Tiket by Blibli will help the ecommerce site to strengthen its foothold into the travel industry.

Equis to sell entire stake in green energy platform Energon, exit from India

Renewable energy developer and infrastructure investor Equis Energy is looking to sell its entire India portfolio after a strategic review of its renewable energy portfolio in Asia. The portfolio is made of two green...

BIBD Brunei to raise US$500 million in Malaysian listing

If successful, Bank Islam Brunei Darussalam will be the first Bruneian issuer to list on a stock exchange market.

Buriram Sugar files US$112 million IPO for infrastructure unit

BRRGIF which invests in biomass power plants will become the country’s first infrastructure fund to file for an IPO.

Intudo Ventures debuts US$10 million Indonesia-focused fund

The venture capital fund will focus their investments in early-stage startups, as well as establishing joint ventures with global companies to navigate the Indonesian market.