On location

Singaporean bank OCBC Bank has partnered with the country's private market exchange ADDX to distribute its first tokenised equity-linked structured note to accredited investors.

The panelists discussed sustainability issues and development across Southeast Asia. Avant Meat’s Chan and SWAP Energi’s Irwan explained how their startups can help to achieve sustainability goals while Ting, from Trive Ventures, gave examples on how the startups his firm invested in are driving sustainable innovation. He also gave his views from an…

Malaysian PropTech firm LiveIn said Monday it has acquired a Malaysia-based property management firm KT Management. This merger makes LiveIn the market leader in the space and will provide KT Management’s thousands of tenants, LiveIn’s flexible community living solutions and a better online to offline (O2O) experience.

Indonesian direct-to-consumer (D2C) cosmetics brand Rosé All Day Cosmetics (RADC) which has reported a four times increase in annual revenue in 2022, said it is on track to achieve a remarkable six times growth in revenue in 2023.

PT Super Bank Indonesia (Superbank) has announced a strategic partnership with PT Home Credit Indonesia (Home Credit) to expand access to inclusive financing for underbanked communities in Indonesia.

Princeton Digital Group (PDG), a Singapore-based data center provider, has entered into a definitive agreement with JLand Group (JLG), Johor Corporation’s real estate and infrastructure arm, for the acquisition of 31 acres of land in Sedenak Tech Park (STeP), Johor, Malaysia, to build a 150 MW hyperscale campus.

The panellists discussed about the reasons why Southeast Asia is prime for the next decade and where they see opportunities within the region. They also discussed the challenges of investing and operating in the Southeast Asian region and had given some pieces of advice to investors and companies looking into this multi-cultural and diverse market.

TVM Capital Healthcare, a global specialist healthcare private equity firm headquartered in Dubai and Singapore, has on Monday announced an investment, from its TVM Healthcare Afiyah Fund, of EUR 10 million ($10.82 million) into DEBx Medical, an Amsterdam-based medical devices company.

Indian financial technology firm PhonePe has on Monday announced that it has secured an additional $100 million investment from General Atlantic, a global growth equity firm, as part of its ongoing fundraise.

Forj, an Animoca Brands subsidiary and a Web3 technology firm, has been granted approval from the ApeCoin DAO to launch Ape Accelerator, an incubation platform for the Bored Ape Yacht Club (BAYC) community.