Rest of Asia
Based on earnings multiples, the sale value could reach $2.19b, Bloomberg reported.
1
KBank becomes the first Thai lender to tap into China’s PE market
2
China ADR short sellers likely lost nearly $7b amid stimulus-stoked rally
3
Chinese logistics firm BingEx valued at nearly $1.2b in US IPO
4
Temasek said to be in early talks for $1b stake in Indian snacks maker Haldiram: report
5
PE firm MBK Partners, Young Poong raise tender offer for Korea Zinc to $1.9b
More Stories
TPG appoints Asia co-head, completes SE Asia healthcare consolidation
Lamudi in advanced talks to acquire Indonesian proptech startup Ideal.id
US development bank DFC approves $326m commitments in Asia
Singapore AI startup TeamSolve scores $2.5m funding and other SE Asia deals
Quadria Capital said to weigh investment in Vietnam’s Tam Tri Medical
The automaker’s new funding is on top of $394m in prior investments it made in Joby.
World
It will ask the court to review a July 2023 decision related to XRP token sold by Ripple Labs.
Greater China
CIC has sent teams to assess China Cina Asset Management and China Orient Asset Management.
Foreign equity ETFs received inflows of $2.4b in the last three trading sessions of September.
Thailand
Tech group also entering Malaysia following Singapore, Indonesia, Philippines.
India
It recorded a month-on-month decline for the second consecutive month.
It is aiming for an annual profit of $239m by financial year 2029.
Indonesia
Traveloka is in the market to raise its last funding round before going public.
City-state navigates reputational hazards in race to attract wealth.
