Vietnam-based food alternative provider Cricket One has raised an undisclosed sum led by 500 Startups and Singapore-based Masik Enterprises.
Malaysia extends tax incentives for VCs, angel investors to 2023
China Digest: Sequoia leads $16m round for Alfilo; ZhenFund backs SaaS firm USP
Vietnam’s Bamboo Airways eyes $1b market cap with listing next year
People digest: Taubman appoints new Asia president; MoFo adds HK partner
Netmarble eyes diversification with proposed Woongjin Coway deal
Sequoia Capital announces 20 startups for accelerator Surge’s 2nd batch
PE firm Navis Capital acquires Malaysian durian company Hernan
SoftBank urges portfolio companies to focus on profitability first, IPOs later
LGT Capital hits final close of fourth Asia-focused PE fund at $1b
Asia PE-VC Summit 2019: Grab’s Tan Hooi Ling on super app ambitions & IPO plans
IPOs & Markets
Asset World Corp and AllHome Corp raised $1.6 billion and $285 million, respectively.
Thailand-based car-sharing platform Drivemate has secured $2.2 million in a Series A round led by Netsol Technologies.
Specialized retail is considered more attractive than general retail as it’s less susceptible to e-commerce disruption.
The 34-story Centara Grand Hotel Osaka is slated to open by 2023.
Terra Capital typically invests in early seed and seed rounds in Asian tech startups.
Eastspring is paying $137.6 million for the controlling stake in the mutual fund manager.
The bank plans to expand its wealth management business, while being more cautious with automobile loans.
Accor SA is relaunching a slate of hotels with the Orient Express name. The first will open in Bangkok next summer, with 10 total properties by 2030
Singapore's GIC was among foreign investors buying $300 million worth of shares.
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