Venture Capital
The Hibiscus Fund-backed firm plans to launch new products and double down on marketing.
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The fund will allocate RM250 million, or 50% of the corpus, for direct investments into startups
Deals
The exchanges are set to explore a range of initiatives to spur the adoption of good ESG practices.
COREF’s funds under management now stand at over S$1b.
The results of the bidding process will be disclosed in October, sources said.
The ‘HSBC New Economy Fund’ will support startups in the Series B stage and beyond.
Cradle will provide market intelligence to Bursa Malaysia.
Unicorns
Carsome is also ready for an IPO but is in no rush to list, said Eric Cheng.
Ramsay Sime Darby Health Care could be valued at $1.5b.
The talks come as Pertamina aims to double its geothermal capacity by 2027-2028