Deals
The proposed transaction comprises a 50:50 unfunded Risk Participation Facility.
1
IFC mulls $50m risk-sharing facility with Pakistan microfinance lender
2
SEA Digest: ESR, Mitsubishi to develop logistics assets in Indonesia; M-DAQ Global expands presence in Vietnam
3
Temasek-backed Indian fitness firm Cult.fit files for IPO
4
SG unicorn Carousell turns EBITDA positive in FY25 on recommerce revenue
5
DATA VANTAGE: Endowus allocates $10m for share buyback, and other updates
More Stories
Opportunity for mid-market GPs in Asia infrastructure boom: Seraya Partners
EQT-backed HMI to buy Singapore health screening company
Japan’s Sapporo to invest $643m in SE Asia, Hong Kong JV with Carlsberg
Sendo Farm shutdown signals shift in Vietnam’s online grocery market
India Deal Review: CRED megadeal powers startup funding past $2b in June
Construction has begun and is expected to be completed in the third quarter of 2027.
IPOs & Markets
It is looking to raise up to $99.6 million in a fresh issue.
Earnings and Results
The company posted a revenue of $141 million for the year, up 18% from the previous year.
The proposed buyback covers 180,869 ordinary and preference shares.
Indonesia
The strong debut came after both IPOs attracted robust demand during bookbuilding.
Singapore
The latest vehicle is nearly double the size of its $254-million predecessor.
Uber CEO Dara Khosrowshahi served on the board of Grab’s subsidiary since 2018.
Infrastructure as an asset class has typically been generating stable, long-term returns.
HMI’s deal comes as its PE backer is eyeing stake sale in the company.