Deals
Following the deal, Grab will consolidate Atome Financial into its financial services segment.
1
Grab to buy 60% of Atome Financial for $1.49b, eyes full ownership
2
ID Digest: Dharma Polimetal, China’s Minth Group form JV; BSA Logistics bags loan
3
AI startup Flam raises $40m in Series B led by QED Investors
4
IFC weighs up to $300m investment in StanChart's trade finance facility
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India Digest: 1312 Interactive raises funding; Moneyview pares IPO size
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Ex-Green SM CEO picks 85% stake in Vietnamese EV startup AVES
KKR exits Philippines power producer First Gen in $411m sale
Prabowo sacks finance minister in attempt to regain investor confidence
The new company will manufacture automotive components for four-wheeled vehicles.
Founded in 2021, Flam builds content that responds and streams as fast as video.
The facility will support a portfolio of trade finance assets in emerging markets.
Moneyview has halved its IPO fresh issue to Rs 750 crore from Rs 1,500 crore.
Greater China
CoinEx said it maintained an asset reserve ratio of more than 100%.
Singapore
The forum will feature eight sessions and 25 speakers
Rest of Asia
It is working on an updated version of the “AI Security Guide”.
Indonesia
The proposed transaction will make Danantara the second-largest shareholder of IDX.
Malaysia
IFC will provide up to $4.95 million in unfunded first-loss coverage.