Deals
Thailand’s Central Group and other companies are in negotiations, Reuters reported.
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
More Stories
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
The electricity generated from the project will be sold to a diversified group of off-takers.
Analysis
Credit Suisse is an adviser on the planned US listing of VinFast.
VPBank will become Vietnam’s second-largest private lender.
Q & A
“Despite study after study showing the challenges faced by female founders, a lot of people think women have it easier.”
The VF9 model was initially scheduled to debut at the beginning of this year.
Venture Capital
The undisclosed cash injection will help Be Group transition its fleet to EVs.
The Etana round is led by DEG followed by Yunfeng Capital, HighLight Capital, and East Ventures.
People
Caroll will move to TNEX’s board.
The reverberations of the collapse of Silicon Valley Bank continued to be felt this week.