Current global banking group CEO Muzaffar Hisham will take charge as the bank’s Islamic banking group CEO.
India court refuses to stay BYJU's EGM to oust Raveendran but grants some relief to founder
Sinopharm-led consortium offers to take HK-listed China-TCM private in $3b deal
Mubadala reaches controlling stake in Brazilian food retailer Zamp
JD.com's interest in UK retailer Currys underscores weakness in home market China
Singapore-based mobile adtech platform Novosol closes Series B round at $10m
KKR kicks off process to divest stake in Indonesia-listed bread maker Nippon Indosari
Singapore-based PE firm Tower Capital Asia targets $500m for second fund
Tiktok Shop still violates govt regulations, says Indonesian minister
Malaysia’s biggest lender Maybank announces new appointments to top management
Bangladesh B2B marketplace PriyoShop secures $5m to digitalise MSMEs
The fund plans to secure its first close by mid-2024, said Artem’s managing partner Low Zhen Hui.
The pension fund invested in in two startups (Bateriku and Lapasar) and two VCs—Vynn Capital, and Antler.
The fourth fund, COPE IV, was closed at $70 million in 2018.
IFC had recently proposed to invest up to $40m in the fund.
The VC firm invested in seven Malaysian companies in partnership with Khazanah.
Earned wage access service provider Paywatch received fresh funding last week.
This edition features the first set of stories to emerge from the Indonesia PE-VC Summit and other key private market developments in Asia.
The fund will provide senior secured loans to small- to mid-sized corporates across APAC.
Ahmad Zulqarnain’s appointment would take effect on Feb. 19.