Rest of Asia

Australia’s Firmus to allocate half of $5.5b IPO proceeds to existing investors: report

Firmus operates one data centre in Melbourne and one in Singapore.

GCC’s fundamentals remain strong despite regional conflict, panellists say.

The sovereign wealth fund managed $232b in assets as of 2025-end.

The sale covers decorative paints operations in Vietnam, Indonesia, Malaysia, Thailand, Singapore, Papua New Guinea, and Australia.

News breaks, funding updates and snapshots from the Asia PE-VC Summit 2026 in this edition.

Chey will remain the top shareholder SK Corp, the holding firm of SK Hynix.

Earlier this year, OpenAI secured $122b in commitments that valued the company at $852b.

The deal involves EQT BPEA Private Equity Fund VII.

OPmobility has been expanding in North America and Asia.

It is selling Central Tank Terminal in Japan and Central Terminal Korea.