Japan’s Sumitomo Life acquires Singlife 35.48 percent stake for $1.21B
Japan-based Sumitomo Life Insurance Company has entered into an agreement with TPG Inc. to acquire TPG’s 35.48 percent stake in Singapore Life Holdings Pte. Ltd. (Singlife) for…
Blackstone inks deal to acquire Sony Payment Services
American alternative investment management company Blackstone has on Friday announced that it has inked deal to acquire a majority stake in Sony Payment Services Inc. (SPSV), one…
Malaysia’s TNB partners Sime Darby to accelerate sustainable township development in Malaysia
Malaysian utility firm Tenaga Nasional Berhad (TNB) and property developer Sime Darby Property Berhad have joined forces in a landmark collaboration aimed at expediting…
Bursa Malaysia partners RAM Holdings to launch new debt fundraising platform
Bursa Malaysia Berhad and RAM Holdings Berhad, have through a joint venture entity, Bursa Malaysia RAM Capital Sdn Bhd (formerly known as BM RAM Capital Sdn Bhd), on Friday…
Singapore’s ComfortDelGro acquires Australian taxi operator A2B for $123M
Singapore-listed transportation firm ComfortDelGro Corporation Limited has on Friday announced that it has acquired taxi operator A2B Australia Limited (A2B)for AUD 182 million…
Softbank-backed Riiid acquires South Korean edtech firm Qualson
Riiid Inc., a Softbank Vision Fund-backed artificial intelligence (AI) education technology company, announced Thursday the acquisition of Qualson Co Ltd., a leading English…
Japan’s Mercuria partners Singapore’s OCBC to launch sustainability fund in Asean
Japan-based investment firm Mercuria Holdings Co., Ltd. has partnered Singapore financial services group Overseas-Chinese Banking Corporation Limited (OCBC) to launch a fund to…
Four Chinese EV makers ready to start production in Indonesia – report
The four EV producers have also expressed their readiness to follow the regulations in Indonesia, including complying with the 40 percent domestic component level rule.
Tencent Cloud unveils latest AI solutions in Malaysia
Tencent Cloud, the cloud business of Chinese tech company Tencent, has unveiled its latest artificial intelligence (AI) and media solutions to local partners at Inaugural Tencent…
Singapore’s Keppel Infrastructure Trust to acquire 45 percent stake in a solar portfolio from German RE firm Enpal
Keppel Infrastructure Fund Management Pte. Ltd. (KIFM), as Trustee-Manager of Keppel Infrastructure Trust (KIT) is committing up to €109m ($119.81 million) to acquire a 45 percent…
Crunchbase: global sustainability-focused funding holds up well in 2023
While 2023 has been a down year for startup investment in most industries, cleantech and sustainability-focused categories have held up comparatively well, Crunchbase said…
Tikehau Capital and Nikko Asset Management form strategic partnership in Asia
Tikehau Capital, a global alternative asset management group, and Nikko Asset Management, one of Asia’s largest asset managers, have entered into advanced discussion to form a…
Thailand’s Kasikornbank paves way for firms to tap tokens for funding – report
“We’re advising some clients to issue tokens for fundraising,” Kasikornbank’s co-president Pipit Aneaknithi said in an interview with Bloomberg on Monday.
[Live from Hanoi, Vietnam] The 2023 VinFuture Prize Award Ceremony – Celebrating “Boundless Unity” Innovations for Humanity
The 2023 VinFuture Prize Award Ceremony is officially poised to take place at 8:00 PM on December 20th, 2023, at the Ho Guom Opera House in #Hanoi. This solemn ceremony will be…
