World
The penalty follows a lawsuit by the Australian Securities and Investments Commission in late 2024.
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Australian startup's pathogen detection tech finds niche in SE Asian shrimp farms
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Renewed operational focus supports mid-market PE appeal: MSIM
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Ex-KKR executive bets big on Indonesia’s mid-market with up to $150m fund
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UNO Digital Bank's PH operations hit operating break-even in Feb, eyes funding in H1
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Infosys outbound deal signals strategic shift in Indian M&A amid geopolitics
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How Grab’s Foodpanda Taiwan deal is reminiscent of its Uber buyout
Grab buys foodpanda Taiwan for $600m, forays outside SE Asia
Grab plans to buy back up to $400m in shares
Singapore
MAS and SBMA set up the working group in January.
Indonesia
The practice “reduced competition and harmed consumers,” the agency said.
Vietnam
Investigators accuse the company of inflating the perceived value of digital assets.
Greater China
Currently, HK’s tax-free carried interest measure only applies to private equity investments.
The IDX had said companies would be assigned one, two, or three years to comply.
India
The proposed changes give flexibility to some companies to do two buybacks a year.
Vice Premier He Lifeng met Temasek’s chairperson Teo Chee Hean.
US and Malaysian investigators say about $4.5b was stolen from the 1MDB state fund.
The stake sale in IDBI Bank has collapsed, while SCI and HLL Lifecare have received little investor interest.