Deals
This confirms a DealStreetAsia report that Ultrajaya’s shareholders were in talks with FrieslandCampina.
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SG cleaning robot maker LionsBot's losses widen in 2025 despite higher revenue
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OpenAI sees nearly $280b cash burn by 2030
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Anthropic looking to launch new AI model ahead of IPO
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Chinese 'robot brain' startup eyes GPT 3.0 as soon as next year
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China's RoboTechnik to launch $800m Hong Kong listing on Sept 21
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Ultrajaya plans $821m acquisition of Frisian Flag Indonesia
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Asia’s private markets are resetting around capital and liquidity
Chinese ‘robot brain’ startup eyes GPT 3.0 as soon as next year
Policy & Regulations
The move reverses a delay ordered by the previous finance minister.
DALI has issued ordinary shares worth $28.4m to existing investor Venturi Partners.
The rollout follows a pilot of Green SM’s electric motorcycle service in Jakarta about a month earlier.
Founding members include CIC, Thailand’s Government Pension Fund, INA and Khazanah, among others.
Interviews
CEO Oki Ramadhana plans to step up active ownership and portfolio management.
The new company will manufacture automotive components for four-wheeled vehicles.
The proposed transaction will make Danantara the second-largest shareholder of IDX.
Suahasil Nazara, who will replace Purbaya Yudhi Sadewa, has been deputy FM since 2019.
Trikomsel president director Sugialam is understood to be involved in the management of Sayurbox.
