By Ron Bousso
The Anglo-Dutch company will have an option to increase its holding in Cleantech after 2021. The deal is expected to close in January 2019.
The two blocks are owned by K-Eco Logis Co., Ltd, a subsidiary of Halla Corp and the developer of the assets.
Its ride-hailing rival Go-Jek has been revving up its overseas presence after Grab announced the acquisition of Uber’s Southeast Asia business in March this year. Apart from its Indonesian home base, Go-Jek is now also present in Singapore, Vietnam and Thailand.
The surge was driven by expanding purse sizes of corporate venture capital (CVC) units and the entry of bigger first-time funds.
The green light from the Bermuda court means that Noble could emerge from restructuring as soon as next week after more than a year of hard-fought negotiations over its $3.5-billion debt pile.
Gobi Partners re-invests in UK augmented reality startup, WaveOptics while Spiking sells out its first tranche of initial token offering in the first three hours.
The venture capital firm is seeking to raise between $30 million and $50 million for the Southeast Asia and India fund.
ViAqua plans to use the funds to perform research and development, and optimise its final product before bringing it to market.
US and France-based Natixis Investment Managers has merged three of its private equity affiliates — Euro-PE, Caspian Private Equity and Singapore-based Eagle Asia — to launch Flexstone Partners.
The funding comes little over a month after Grab raised $250 million from Hyundai Motor and its affiliate Kia Motors.