Venture Capital
The KXVC fund will be led by Krating Poonpol and Jom Vimolnoht.
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Deals
The seventh edition of the Asia PE-VC Summit 2023 kicks off on Tuesday, and you wouldn’t want to miss it.
IPOs & Markets
The company sees a listing in Bangkok but would also consider a dual listing in a market such as the US.
The fund is focused globally-listed and pre-IPO companies in Southeast Asia’s middle market.
Last month, LINE MAN announced that it had agreed to buy FoodStory, a point-of-sales systems to restaurants.
Siam Cement also scrapped the IPO plan for its petrochemical subsidiary on Monday.
Analysis
The Thai retailer seeks fresh start with Tops Daily convenience stores.
Siam Cement announced in April last year the IPO plan for SCG Chemicals.
Private Equity
H1 saw three SE Asia-focused PE funds reach a final close after securing $452 million in total proceeds.
The new norms will set equal standards for IPOs and backdoor listings.
