Deals
Trikomsel president director Sugialam is understood to be involved in the management of Sayurbox.
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Editor's take: The week that was — Sept 7-12
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VinFast names founder's eldest son as its global chief executive
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India's Asset Reconstruction Company's $77.6m IPO oversubscribed
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Novo Holdings invests in China wound-care CDMO ForYou Medical
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Jefferies Asia investment banking head Laskowski moves to vice chairman role
More Stories
Trikomsel link emerges in potential HappyFresh, Sayurbox deal
LeapFrog invests $40m in Marengo Asia Hospitals to fund expansion
Vietnam Digest: VinFast to expand Philippine network; Beacon Fund backs two women-led startups
Vietnam competition watchdog reviews Grab’s commission policies
IPOs & Markets
The company said the decision to leave the bourse follows a change in business strategy.
Last month, Indosat Ooredoo Hutchison teamed up with Ooredoo Group, NVIDIA, and Nokia to launch Zankore.
The takeover gives Djarum control of another established Indonesian digital media platform.
The investment is understood to have been made a few months ago.
Policy & Regulations
Loan maturity extended to 80 years following talks with Beijing.
Parties that meet the criteria for strategic shareholders could be allowed to hold more than 5%.
BECIS has issued $10 million in new preference shares to three existing shareholders.
Bumi Resources Australia Pty Ltd completed the acquisition on September 4.
Widjaja was sentenced to three years in prison by the Jakarta Corruption Court in June.