IPOs & Markets
Bukalapak has utilised only 58.19% of the IPO proceeds so far.
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Pentagreen Capital provides financing for solar and battery projects in PH
2
Japan's Kirin looks to sell Kentucky bourbon brand Four Roses for $1b: report
3
MTR Foods parent Orkla India eyes $1.14b valuation in IPO
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Blackstone to pick 9.9% stake in India's Federal Bank for $705m
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Beyond the Buyout: Japanese LPs shaping private markets amid slowdown
More Stories
Pave Bank raises $39m from Accel to scale programmable banking
Partners Group exits Singapore-based Apex Logistics
F&B startup Hangry raises $10.5m Series A5 led by Alpha JWC
Late-stage rebound sparks hope even as SE Asia’s funding dry spell persists
Bukalapak’s slow pace of deployment of IPO proceeds raises scepticism
Venture Capital
DealStreetAsia had reported about the startup’s fundraising plans in Aug.
Analysis
At least four potential buyers had engaged in talks with the company earlier this year.
The IPO could value Anugrah at more than $2b.
Policy & Regulations
Drivers have protested over low wages and a lack of job security, including in May.
Deals
Telkom said the deal will help improve business focus.
Experiential retail brands with proven unit economics draw investor interest.
The six individuals detained earlier in the case will remain in custody until November 24.
The London-based firm is set to deepen its Asia footprint, with India playing a key role.
Interviews
BDx Data Centers currently runs 18 facilities—in Indonesia, HK, Singapore, Taiwan and China.
