Earnings and Results
BNPL products accounted for about 89% of the company’s total financing portfolio.
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Shenzhen Zhaowei Machinery & Electronics raises $244m in HK listing
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Airwallex launches treasury product in the US
More Stories
Indonesia’s Playtopia in advanced talks to raise fresh funding
Sweef Capital invests in Indonesia’s Avisena Healthcare
CVC sends early feelers to potential buyers to gauge interest for Siloam stake
Investors rush to sell shares as Middle East conflict rages
Investors weigh escalating conflict in Gulf
Deals
The development comes after earlier talks with Dymon Asia fell through.
Climate Tech & ESG
The capital will support the expansion of Avisena’s hospital network.
The financing package includes up to $200 million from IFC’s own account in a loan.
Analysis
CVC raised its stake in Siloam in 2024 to 55.4% from 10.4% earlier.
Policy & Regulations
Authorities are investigating a scheme involving insider trading and IPO manipulation.
Moody’s last month cut its outlook for Indonesia to negative.
The company is working on a structured payout framework for over 30 investors.
The $800 million facility has been designated a National Strategic Project.
Companies may be given different deadlines of one, two, or three years to comply.