IPOs & Markets
It is offering 113.8 million H shares at up to HK$93.80 each.
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Suzhou Dongshan Precision Manufacturing looks to raise $1.36b in HK listing
2
Sea plans IPO for financial services arm Monee, shows internal memo
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PIDG’s InfraCo exits Dat Bike via convertible note redemption
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Chinese Robovan developer Neolix raises nearly $400m Series E
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DATA VANTAGE: Enstack, Us2.ai, eFishery in focus and other updates
More Stories
Ex-Bain Capital PE partner Drew Chen takes the wheel at Bridge DC
Malaysia’s Jelawang Capital to back two new fund managers
EQT to acquire Australia’s Cleanaway in $6.5b deal
Battery Smart raises $10.5m from Ecosystem Integrity Fund and other India deals
Thailand’s Muangthai Capital secures $60m loan from FinDev Canada
Analysis
The group will also launch an AI-first enterprise platform named Sea Cloud.
Deals
PIDG invested through its project development arm InfraCo in 2024.
Venture Capital
The round was anchored by Boyu Capital.
An Enos vehicle received $6m worth preference shares from Enstack—the largest allotment.
Thailand
The acquisition was made through Betagro Ventures.
Indonesia
The acquisition adds to Danantara’s overseas investment activities.
Philippines
The stock opened at 6.63 pesos per share, up from its offer price of 6.60 pesos.
Rest of Asia
Elice’s debut tests investor appetite for AI and data centre companies.
Singapore
Keppel will retain a 49% stake in K-Commercial.
