Deals
The deal will pave the way for Chevron’s exit from the Asian country.
China's JD.com to spin off industrial, property units in Hong Kong listing
Asiantrust Capital halves target for hybrid fund, set to close it this year
SG-based True Global Ventures invests over $24m in French crypto firm Ledger
How China's PE funds will help revive its distressed property market
Alibaba's logistics unit gears up for Hong Kong IPO this year
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Temasek-backed Indian jobs platform GoodWorker lays off nearly 90% staff
PH salary-on-demand startup Advance raises $16m, acquires Vietnam’s BravoHR
Canadian pension fund OMERS names Ashish Goyal as new APAC head
Bukalapak posts $130m profit in 2022, thanks to a strong first quarter
Vietnam’s Vingroup in talks with investors to sell stake in shopping mall arm
Following a military coup in Myanmar in 2021, Telenor announced the sale of its business.
Puma’s interest in Myanmar includes the a fuel import terminal at Thilawa and aviation fuel supplies.
The transaction is subject to customary closing conditions, including Myanmar regulatory approvals.
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Norway’s Telenor withdrew from the country in March this year in a departure mired in difficulty.
The move would mark the exit of the country’s last foreign telecom operator
Kirin’s 51% stake in Myanmar Brewery will be sold back to the brewery for $164m
Analysis
The report covered 380 venture investors in Southeast Asia.
Venture Capital
In 2020, Ascent Capital Partners led a $26-million minority investment in Frontiir
At least $20m will be for green financing — IFC’s first green loan in Cambodia.