Investments

Recompound, an Indonesia-based investment advisory startup, has introduced a performance-based fee model for retail investors, adopting a structure more commonly used in institutional investing.

Foxconn, also known as Hon Hai Precision Industry, will invest $58.3 million more in its Vietnamese subsidiary Fushan Technology (Vietnam), according to a filing of the Taiwanese electronic giant sent to the Taiwan Stock Exchange (TWSE) on Wednesday.

HDBank, associated with Vietnamese female billionaire Nguyen Thi Phuong Thao, has signed a strategic partnership with the London Stock Exchange to support Vietnamese businesses in accessing international capital markets, alongside plans to issue up to $300 million in green bonds.

"We are targeting to launch the new fund in the first quarter next year," Creador Founder and Chief Executive Officer Brahmal Vasudevan told TNGlobal.

Meiko Electronics, a Japanese manufacturer of printed circuit board (PCB), will invest $50 million in establishing Meiko Electronics Yen Quang, a new subsidiary in Vietnam.

India's AI-power technology company Wipro will acquire Mindsprint, the technology subsidiary of Singapore's agribusiness Olam Group, for S$375 million ($291 million) cash, as part of a broader strategic partnership that includes a long-term digital transformation deal valued at over $1 billion.

Microsoft will invest $5.5 billion in cloud and artificial intelligence (AI) infrastructure and operations in Singapore between 2025 and 2029, as part of efforts to support the country’s growing role in the global digital economy, the tech giant said in a press release on Wednesday.

Vietnam's semiconductor sector has so far recorded foreign direct investment (FDI) of $14.2 billion in 241 projects and will strive to further attract global big tech to invest in the country.

StarMason JSC, a joint venture between Singapore's Sembcorp Development and Vietnam's BB Holdings, has received investment approval for the proposed development of a state-of-the-art hyperscale- and AI-ready data center campus in Saigon Hi-Tech Park (SHTP), Ho Chi Minh City.

Taiwan's Hon Hai Precision (Foxconn), a global electronic manufacturer known for making Apple, Sony, and Xiaomi products, has poured an additional $287.1 million in its Vietnam-based wholly-owned unit Fulian Precision Technology Component.