Singapore
Wee Hur will retain an indirect stake in the portfolio via its Australian unit.
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Editor’s Take: The Week That Was — Dec 16-21
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Toshiba's reforms remain unfinished a year after going private
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Indonesia's Mayapada Group charts ambitious healthcare expansion
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Investors spot big promise in India's mid-price coffee segment
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Indonesian startup Magalarva bags funding from angel network
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Indonesia’s Mayapada Group charts ambitious healthcare expansion
Singapore’s insurtech firm bolttech, valued at $2.1b, raises over $100m
Indonesia anti-graft agency raids office of Financial Services Authority
Malaysia Airports $4b takeover offer by investors is reasonable, says deal adviser
India
SolarSquare has earlier raised $19.5m across three rounds of funding.
Indonesia
In Oct, DealStreetAsia first reported that Lamudi was in discussions to buy Ideal.id.
Rest of Asia
Extra Space is partnering with self-storage manager Ambitious in Japan.
The fund will primarily be used towards establishing a premium scalable student housing operator model.
Vietnam
E-commerce is growing faster in Vietnam than almost anywhere else in SE Asia.
Their investments will primarily focus on sub-Saharan Africa, south and southeast Asia.
The venture outbid JSW Energy for the renewable energy firm.
The company is also in advanced discussions to close a property fund.
Keppel plans to more than double its data centre funds under management to S$19 billion.