IPOs & Markets
It will involve 630 million existing shares and the issuance of 210 million new share.
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Deals
Its revenue surged 38.9% year-on-year to $139.3 million in 2024.
Thailand and Malaysia led growth with GMV surging 51.8% and 47.6%, respectively.
Private Equity
The fund may draw strong investor demand following Creador’s string of high-profile exits.
The exercise is expected to be completed in Q4 2026.
Analysis
Funding news, exclusive interviews, earnings reports, and much more in this edition.
Revenue rose 42.8% year-on-year to $41.1 million in FY2025.
The transaction will see Ekuinas acquire a strategic minority stake in the company.
DALI Stores has issued $36m worth of new ordinary shares to its largest shareholder.
IJM said the lapse affirmed shareholder confidence in the company.