Greater China
An agreement would be the latest in a string of Aramco deals with Chinese refiners.
IFC, KB Kookmin Card launch $150m financing initiative in Indonesia, Thailand
PayU leads $5m funding in BRISKPE and India deals worth $93m
Indonesian media firm DailySocial lays off entire workforce amid "transition"
IFC mulls $60m investment in Indian shadow lender Five Star
Thai food major Betagro launches $30m corporate venture capital fund
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GoTo-backed digital lender Bank Jago’s profits surge 24% in Q1 2024
HK-based PE firm Azuremount WH closes co-control deal in AI software developer ATOM
Editor’s take: The week that was — April 22-27
Lured by robust exits, PE firms line up for hospital assets in India; SE Asia to follow
The LP View: Infra fund managers seen adopting clear climate strategy in Asia, says AIIB exec
Indonesia
PathGen has raised an undisclosed sum from East Ventures and conglomerate Royal Group Indonesia.
India
Avaada Energy aims to achieve 11 GW capacity by 2026.
The investors will buy a stake in Singapore-based Natural Gas Transition Platform.
Philippines
The investment has been routed through SUSI Asia Energy Transition Fund.
Rest of Asia
Acquisitions show investors’ hunger in Asia for tech-related property assets.
Singapore
The company allotted Series C1 shares to 10 convertible note holders.
Citicore’s IPO can raise up to $141.25m.
The property group expects to complete the deal by June.
The deal is to develop residential projects across the cities of Bengaluru, Mumbai, Goa, and NCR,