Yimie Yong
News,SEA,Malaysia,Asia,Investments
EY: Global IPO market sees significant slowdown in Q1; Malaysia’s exchanges lead by proceeds in Asean
During this quarter, Indonesia’s IDX was most active by deal numbers (12 IPOs raising $219 million), while Malaysia’s exchanges led by proceeds ($362 million via 5 IPOs). In other Asean exchanges, Thailand’s exchanges saw 5 IPOs raising $228 million, the Philippines Stock Exchange had 4 IPOs raising $201 million while Singapore’s Catalist welcomed 3 IPOs…
April 14, 2022
News,Malaysia,eCommerce,Vietnam
Malaysia marketing tech firm Involve Asia expands to Vietnam
Vietnam is an important market for Involve Asia as it is one of the fastest-growing economies in Southeast Asia with a vibrant and technologically savvy population, Involve Asia Chief Executive Officer and Founder Jimmy How said.
April 13, 2022
News,FinTech,Malaysia,Web3,China,Blockchain / Crypto
Malaysia-listed MYEG’s Zetrix blockchain to launch mainnet
Zetrix is the international extension of Xinghuo BIF, China’s largest national-level blockchain network supported by all levels of the Chinese government and running both governmental and commercial applications.
April 13, 2022
Temasek-backed Zilingo is said to suspend CEO amid probe – report
The concerns center on the way that Zilingo accounted for transactions and revenue across a platform spanning thousands of small merchants, the report said.
April 13, 2022
News,FinTech,Indonesia,SEA,eCommerce,Transportation
Indonesia tech giant GoTo shares close 13% up on market debut
GoTo previously said it is also considering a listing in another market such as the US, according to earlier reports.
April 11, 2022
VinFast seeks financing from US government for expansion – report
The news came after VinFast announced recently that its Singapore-based holding company had filed for an initial public offering (IPO) with US securities regulators.
April 11, 2022
Applications now open in Malaysia for 5th cohort of EY startup incubator program
This year, the EY organization announced the continued expansion of the EY Foundry startup incubator program into Cambodia, Guam, Thailand and Vietnam.
April 8, 2022
Travel tech firms await ‘revenge traveling’ as Malaysia reopens, but concerns remain
Travel tech firms are finally able to hope for a better year as Malaysia reopens for international travelers after two years. But still, the recovery of the traveling industry may not be a smooth one as a sub-variant of the highly transmissible Omicron version of coronavirus, BA.2, is now dominant worldwide, prompting surges in countries across US, Europe…
April 8, 2022