Greater China
TechStar’s listing on the HKEX would be withdrawn following the completion of the merger.
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Editor’s Take: The Week That Was — Dec 16-21
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Toshiba's reforms remain unfinished a year after going private
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Indonesia's Mayapada Group charts ambitious healthcare expansion
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Investors spot big promise in India's mid-price coffee segment
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Indonesian startup Magalarva bags funding from angel network
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Indonesia’s Mayapada Group charts ambitious healthcare expansion
Singapore’s insurtech firm bolttech, valued at $2.1b, raises over $100m
Indonesia anti-graft agency raids office of Financial Services Authority
Malaysia Airports $4b takeover offer by investors is reasonable, says deal adviser
India
The NSE in India outranked the bigger US exchanges in the amounts raised by IPOs for the first time this year.
Malaysia
Creador is slated to sell a nearly 8% stake in the firm.
Indonesia
The home retailer had raised $254m in its IPO in Nov.
A listing may happen in H1 2025, Bloomberg reported.
The $943 million IPO drew bids worth $19 billion last week.
The stock listed at 440 rupees on the National Stock Exchange, compared to its offer price of 279 rupees.
Rest of Asia
Kioxia raised 120 billion yen after pricing its IPO in the middle of the indicative range.
Ventive operates JW Marriott and The Ritz-Carlton.
The company is seeking a valuation of $471m at the upper end of the IPO price range.
