IPOs & Markets
Timee connects workers seeking side gigs with labour-strapped businesses.
1
Indonesia's eFishery, Singapore’s MoneyHero Group lay off staff
2
PE majors in talks for majority stake in Indian hospital chain: Report
3
Hyundai's planned $3b IPO celebrates its made-in-India success story
4
IPO-bound Shein may lose appeal as end nears for tax breaks
5
TPG NewQuest India MD Nitin Agarwal resigns: report
More Stories
L Catterton’s Asia chairman Chinta Bhagat steps down from role
Indosat’s potential sale of submarine cable and fibre assets may attract local bidders
Indonesia’s Volta plans to roll out EV scooters in more SE Asian markets
SE Asian startups left thirsting as funding drought persists into Q2
Chinese generative AI major Baichuan Intelligence snags over $691m in Series A round
Deals
SBI will own 51% and Franklin Templeton 49% of the JV.
Private Equity
The Singapore-based investment firm holds around 18% stake in the Japanese film company.
The proposed investment comprises a $40.5m A Loan and a $19.5m syndicated loan.
The deal values BusinessOn at $258 million.
People
It has a sprawling portfolio of investments ranging from date farms to multinational conglomerates.
Nippon Steel will transfer its 50% stake in the joint venture to Baoshan.
Venture Capital
The fund writes cheques worth $300,000 to $500,000 for initial investments.
It will offer 2,781 yen per share from July 24 to Aug. 26.
Policy & Regulations
Prosecutors say Kim was involved in manipulating the stock price of SM Entertainment.