Deals
Wilmar’s unit Lence will hold 56.94% in the firm upon completion of the deal.
1
SG's Wilmar to buy 13% stake in India's AWL Agri for $529m
2
SoftBank's $5.8b Nvidia stake sale jolts markets, stokes AI bubble fears
3
Restaurant Brands sells Burger King China to local firm CPE
4
Indian fintech firm Pine Labs' $440m IPO fully subscribed despite valuation concerns
5
Sea Ltd lifts Shopee's growth outlook as group profit more than doubles in Q3
More Stories
Asia’s LP-led secondary market matures amid flight to quality
SoftBank, Peak XV, others seek removal of GoTo CEO Walujo: Report
Indonesia’s popular oil balm brand seeks up to $3b valuation in new funding round
What Maynilad IPO reveals about state of Philippine stock market
KKR to return $350m carry after Asia fund underperforms
Analysis
Sale to help Masayoshi Son fund AI bets such as OpenAI, Stargate project.
CPE will hold an 83% stake in the business.
IPOs & Markets
Pine Labs posted a loss of Rs145 cr for fiscal year 2025 on a revenue of Rs 2,274 cr.
Earnings and Results
The company now expects Shopee to clock full-year GMV growth of 25%, up from the initial estimate of 20%.
India
The fund is set to invest in mid-market companies in India and SE Asia.
Singapore
The Singapore-based facility is slated to be operational by the first half of 2028.
The state investor is shifting its focus to growth- and late-stage venture capital in the region.
Rest of Asia
The fund targets early-stage deals across education, healthcare, logistics, digital infrastructure, and renewable energy.
Indonesia
The injection would amount to around $1.43 billion.
