Greater China
The US President said the US “pretty much” has a deal on the sale of the TikTok short-video app.
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FWD Group shares open flat on Hong Kong debut after $442m IPO
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GIC, Linden Capital buy minority stake in Canadian healthcare marketing firm Klick
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Saudi quick commerce firm Ninja raises $254m; enters unicorn club
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PH’s new tax slash spurs hope for more IPOs in the next 2 years
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Indonesia’s tax withholding proposal for e-commerce platforms raises alarms
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Peak XV’s second act: From record returns to a reinvention around AI
KWAP finalises 12 global GPs for allocations under Dana Pemacu initiative
Genesia Ventures Fund IV secures $22.5m in LP commitment from JIC
IFC mulls up to $60m investment in AEW-Natixis’s $500m green infra fund
New Indonesia-focused climate fund launched with first A$50 million
India
Maieutic plans to expand its engineering team and improve time to market.
World
Taronga Group has participated in the $13.6m Series A funding round of AssetCool.
Sapphire Foods Devyani International may merge via a share swap.
The group includes Dutch investors PGGM and APG, CPPIB, and CBRE Investment.
ESR also overhauled its management, announcing a slate of leadership changes.
Singapore
EDBI has emerged as the second-largest shareholder in Advanced Micro Foundry after A*STAR.
The promoters and SeaLink Capital are looking to divest a significant stake.
AGL aims to exit coal-fired generation and achieve net zero carbon emissions by 2035.
The fund will focus on acquiring NPLs and single-asset distress situations in India and SE Asia.