Investments

PSA International & Granite Asia launch $50M fund to scale global supply chain innovation

PSA International (PSA), a global port operator, and Granite Asia, a $11 billion private capital platform, announced Wednesday the launch of the $50 million G&P Strategic Innovation Fund.

Kinwong raises HK$5.1B in Hong Kong listing

Shenzhen-listed printed circuit board maker Kinwong raised about HK$5.1 billion in a Hong Kong offering and ended its first trading day above the issue price.

Samsung affiliates commit $1B to Helix AI infrastructure

Six Samsung affiliates will invest a combined $1 billion in KKR-backed Helix Digital Infrastructure, with Samsung Electronics contributing $500 million.

Can Tho establishes $192.4M high-tech park for Mekong Delta

Vietnam's Can Tho has approved a 200-hectare high-tech park with estimated investment of $192.4 million to serve the Mekong Delta.

Malaysia’s Jelawang Capital appoints Howard Soh as CEO

Soh brings two decades of investments, venture building and operating experience, built largely in Malaysia and across Southeast Asia.

A silicon wafer with a grid of iridescent microchip dies under shallow focus

Thailand approves semiconductor strategy targeting $80B investment

Thailand has approved its first national semiconductor strategy, targeting about $80 billion in cumulative investment and more than 230,000 jobs by 2050.

Singapore fintech iPiD raises $16M Series A led by Foundation Capital

Singapore-headquartered payment intelligence firm iPiD has raised $16 million in a Series A led by Foundation Capital, with Citi and HSBC participating.

GCash parent Mynt secures more than 20 cornerstone investors ahead of IPO

Mynt, the parent of GCash, has secured commitments from more than 20 global and Philippine cornerstone investors for its planned IPO, with final pricing expected October 1.

India’s Ultraviolette raises $85M to scale EV production and global expansion

Indian electric motorcycle maker Ultraviolette has raised $85 million led by Yali Capital and TDK Ventures to expand manufacturing, develop new EV platforms and grow internationally.

Thailand’s Lakeshore Capital closes $305M Fund III for Mekong mid-market deals

Thailand-focused private equity firm Lakeshore Capital has closed its third flagship fund at a $305 million hard cap for growth and buyout investments across Thailand and the Greater Mekong region.