Analysis
Ordinary shares were issued to 15 entities.
1
India: MUFG-backed Raise Financial acquires trading platform Stratzy
2
Asia Digest: PH’s Aboitiz Foods buys SG aqua R&D facility; Hillhouse-backed Ascentium buys advisory firm
3
Once shunned, activist investors return to booming Japan market
4
IFC proposes $150m investment in Singapore animal feed producer
5
DATA VANTAGE: SG parent of Fore Coffee refreshes cap table; other updates
More Stories
Singapore’s CapitaLand Trust to buy retail complex for $3b
Advent tests market again with potential $400m sale of Singapore’s The Learning Lab
Nutrition startups muscle up on SE Asia’s untapped protein demand
PH fintech Salmon secures $100m in equity, debt funding
Premji Invest in advanced talks to back Nagpur-based NewEra Hospitals
Earnings and Results
Fore added more than 20 new outlets in the quarter.
Nutrition is seen evolving from niche to a mass-market consumer category.
Policy & Regulations
The fund has secured $520 million in its first close.
Prosecutors allege the trio had “abused their authority”.
Opinion
While there is investor interest in the sector, the pool of target companies is narrowing.
The move is aimed at reducing risks of stock market manipulation.
Deals
It has secured debt funding and is preparing for a larger equity fundraising.
The court proceedings outlined alleged financial losses affecting tens of thousands of parties.
Venture Capital
The round also saw participation from Hike Capital and Mindworks.
