News
Twin Towers Ventures invests in Green Li-ion as a new strategic partner
Green Li-ion, a lithium-ion battery recycling technology company, has on Tuesday announced Twin Towers Ventures (TTV), the investment arm of Petronas Ventures, as its newest strategic partner. TTV joins other previous investors in Green Li-ion, including Singapore-based decarbonization venture capital firm TRIREC, global venture capital firm SOSV, and…
Vinfast’s 2Q deliveries jump to 9,535 vehicles, more than 5x of 1Q23
Vietnam's electric vehicle maker Vinfast said on Monday it delivered 9,535 vehicles in the second quarter (2Q23), more than five times the number of deliveries in 1Q23.
Sunview partners UOB Malaysia to help Malaysian businesses and consumers adopt renewable energy
Malaysian sustainable energy solutions provider Sunview Group Berhad, has partnered lender UOB Malaysia to provide installation and management services of solar power systems for local businesses and consumers. Its wholly-owned subsidiary Fabulous Sunview Sdn Bhd has signed the agreement with UOB Malaysia for the partnership.
MYEG partners Beitou IT Innovation to spearhead international digital identity credentials service on Zetrix blockchain
Malaysia's e-government services provider MY E.G. Services Berhad (MYEG) has teamed up with China's state-owned entity Guangxi Beitou IT Innovation Technology Investment Group Co., Ltd. (Beitou IT Innovation), to spearhead international digital identity credentials service on Zetrix blockchain.
Singapore’s RegenX secures $500,000 pre-seed funding from Wavemaker Impact
Singapore-based regenerative agriculture-focused climate tech firmRegenX has secured $500,000 in Pre-seed funding from venture capital climate tech venture builder Wavemaker Impact. The firm which is already onboarding farmers and buyers on its platform, will use the fresh round of funding to accelerate its growth in the coffee space in Vietnam.
Canada’s Ontario Teachers acquires KKR’s stake in Australian environmental markets platform GreenCollar
Ontario Teachers’ Pension Plan (Ontario Teachers’) said Monday it will acquire global investment firm KKR and other shareholders’ stakes in GreenCollar, an Australian environmental markets platform. The duo have signed a definitive agreement for the deal. The financial terms of the transaction, however, were not disclosed.
CapitaLand Investment acquires logistics property in South Korea for $82.5M
Singapore-based real estate investment firm CapitaLand Investment Limited’s (CLI) has acquired a newly completed, Grade A logistics property in South Korea for SGD 112 million ($82.5 million). The acquisition was done through its flagship regional core-plus fund, CapitaLand Open End Real Estate Fund (COREF).
Airasia Digital rebrands as next MOVE with new leadership
In a strategic move to emphasize its commitment towards travel, the digital arm of Capital A, airasia Digital has announced its transformation into MOVE Digital (MOVE). This rebranding marks an exciting chapter in its next phase of growth through both its businesses, airasia Superapp and BigPay.
IFC to invest up to $15M in Indonesia’s Tawada Healthcare
The International Finance Corporation (IFC) said on Monday that it will invest up to $15 million in IDR equivalent in PT. Tawada Healthcare (Tawada Healthcare) to support the company's medical device and consumables distribution business while also enabling it to expand its manufacturing operations.
KKR to acquire 20 percent stake in Singtel’s regional data center business for $800M
Singtel, Singapore-based communications technology group, and United States-based investment firm KKR have reached a definitive agreement under which a fund managed by KKR will commit up to SGD 1.1 billion ($800 million) for a 20 percent stake in Singtel’s regional data center business.
