Policy & Regulations
Danantara unit raised an upsized $1.5 billion in its debut U.S. dollar bond sale.
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Indonesia minister defends Danantara bond rules amid moneylaundering concerns
2
Singtel sells close to 3% stake in Gulf Development for $773m
3
Temasek-backed Foundation Healthcare seeks up to $187m in Singapore IPO
4
India: Bessemer leads $15m Series B funding in AI startup Mitigata
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Indonesia's RANS Entertainment seeks to raise up to $24m in IPO
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Asia infrastructure credit emerges as bright spot amid global industry woes
PE, strategic investors said to explore deal in Warburg-backed MoMo
SE Asian premium coffee chain Harlan + Holden sealing $12m round
Singapore’s Silicon Box raises $150m, EDBI joins cap table
Malaysia’s PolicyStreet bags $21m in Series C first close led by Cool Japan Fund
Deals
The transaction would result in a gain of about S$140 million.
IPOs & Markets
The company plans to price its shares at S$0.76 to S$0.92 apiece.
The company plans to deepen investments in talent across AI, R&D, product, engineering and customer success.
The development confirms a DealStreetAsia report earlier in March.
Indonesia
Silicon Box raised $5.1m in fresh funding from a mix of new and existing investors last week.
Singapore
The investment round anchored by crypto market maker GSR.
Renewable energy and data centres are seen as the busiest sectors in the market.
Proceeds from the round will be used to expand Harlan + Holden’s outlet count.
The Indonesian company is controlled by Japan’s SMBC.