Deals
Arki is planning a public launch later this year.
1
SEA Digest: SeaX Ventures backs Onibi; SG fintech firm Arki receives MAS licence
2
China Inc deploys 'quiet' layoffs as Beijing promotes AI adoption
3
Australian insurance brokerage Steadfast gets $5.4b buyout offer
4
Xpeng boss to head robot unit with humanoid mass production imminent
5
Bizlink to buy ICT unit of Blackstone’s Singapore portfolio in $850m deal
More Stories
PE giants face Asia deployment test after record $62b fundraising
Brookfield, Foxconn forge renewable energy partnership in Vietnam
Singapore’s Silicon Box secures $78m debt financing
Temasek leads $300m funding round in British startup PhysicsX
Qiming co-leads $100m deal in China’s SunUp Fusion as nuclear fusion financing picks up
Analysis
Chinese enterprises quietly implement small-scale layoffs as they seek AI-linked productivity gains.
The consortium has offered A$6 per share.
Xpeng’s first-quarter revenue fell 17.6% year on year.
The PE firm acquired SG-based Interplex from EQT’s BPEA fund for an enterprise value of $1.6b in 2022.
India
The funds will be deployed to expand Mygate’s presence across gated communities.
The round also saw participation from Hitachi Ventures.
Singapore
The round also drew participation from Ehsan Kapital and Gobi Partners.
The IPO had an issue price of 192 rupees and was subscribed 127 times.
World
Samsung said the investment would deepen strategic cooperation between the two firms.
