Deals
MMC Ports had been expected to pursue what could have been Malaysia’s biggest IPO in over a decade.
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The additional investment in PolicyStreet comes from impact investor BlueOrchard.
The investment will be made through a subscription of convertible perpetual bonds.
Private Equity
The deal that could value the Malaysian healthcare firm at about $368m.
KPS has established a Tokyo office to lead investments across the region.
The deal also provides an exit to AHAM Capital’s major shareholder CVC Capital Partners.
IPOs & Markets
BlaBlaCar is making its intercity carpooling platform available in Indonesia, Thailand, Malaysia, and Vietnam.
SE Asian consumer brands are increasingly venturing out in search of new growth avenues.
Silicon Box raised $5.1m in fresh funding from a mix of new and existing investors last week.
Venture Capital
Round was led by Camber Partners; Endeavor Catalyst and others participated.
