IPOs & Markets
The IPO is poised to be Malaysia’s largest-ever for a real estate investment trust.
1
Malaysia's IOI Properties launches $516m IPO for property trust
2
Fairfax's $5.5b deal for India's IDBI Bank faces staff, political backlash
3
China regulator tells banks to halt IPOs till market recovers
4
India: Wealthtech platform PowerUp Money raises $10m led by Flourish Ventures
5
Peak XV-backed Neo Alternative raises $654m for second private credit fund
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Deals
The government and LIC have agreed to sell a little over 60% stake in the lender to Fairfax.
Policy & Regulations
Large sales by existing shareholders have also been temporarily suspended.
Existing investors Peak XV, Accel, Blume Ventures, Kae Capital, 8i Ventures and DeVC joined the round.
Private Credit
The company is also backed by TVS Capital, MUFG and Euclidean Capital.
Indonesia
The company has invested $500 million in data centres in Indonesia since 2015.
Thailand
The firm’s Series D round was announced in March this year.
Greater China
This concentration of capital creates a crowding-out effect on traditional industries.
World
The fund expected chipmakers and hyperscalers to weather AI turmoil.
China will crack down on fraud and cross-border capital activities.