The stake sale process is still at an early stage under the advice of StanChart and UBS on the sell-side.
India: Facebook invests $25m in social commerce startup Meesho: Report
Singapore’s Trax acquires US-based retail rewards app Shopkick
Indonesian P2P lender KoinWorks closes $12m Series B funding round
Temasek co-leads $130m Series E in US-based lending platform Blend
India Dealbook: TCS raises stake in Japanese JV; Affle acquires RevX Inc
Sieu Viet Group acquires Vietnamese HR platform MyWork
Piramal Group in talks with SoftBank, GIC to raise up to $750m
Myanmar’s Irrawaddy Green Towers on the block as PE investors seek exit
SG’s Tin Men Capital raises $20.8m from 50 investors for first fund
Sinopharm, Cedarlake and SG’s Novena form $150m SE Asia healthcare fund
MBF will use the proceeds for its business expansion plans.
IPOs & Markets
MIL contends that the takeover offer materially undervalues the company.
The deal makes IFC the first foreign investor in a commercial bank in Myanmar.
Meal Temple’s expansion to Myanmar comes seven months after it raised a six-digit dollar investment.
With the Series A round now closed, Daung Capital's post-money valuation has reached S$16.5 million ($11.9 million).
Earlier, RecyGlo raised $150,000 from Oslo-based Katapult Ocean accelerator, at a $1.8 million valuation.
IFC has been a long-term strategic partner to ACLEDA.
KMA group is looking to revamp and develop new hotels and resorts across Myanmar.
The new industrial could become a destination for investors and job seekers outside Yangon.
© Copyright DEALSTREETASIA 2014-2019 All rights reserved.
Forgot your password?
We will never share your information with third parties.
Already have an account? Sign in here
If you don’t already have an account click the button below to create your account.
Unlock your competitive advantage in
rapidly evolving cape. Our packages
come with exclusive access to archive
content, data, discount on summit tickets & more
Be a part of our growing community now.