Analysis
China may support Tesla’s domestic testing and demonstration of robotaxis.
Indonesia's OJK revokes TaniFund's P2P lending licence
India's Hindalco considering seeking $1.2b in IPO of its US unit Novelis
Shell to sell Singapore refinery, petchem assets to Indonesia's Chandra Asri and Glencore
SG data platform Atlan secures $105m Series C funding led by GIC, Meritech Capital
SEA Digest: VinFast to enter PH; Thai Syn Pitarn nabs funds; Earth VC backs HyLight
More Stories
CVC-led group to buy 65% stake in Lippo-backed hospital chain Siloam for around $1.6b
Malaysia-based PE firm Navis likely to lead funding in CarDekho’s SE Asian entity
Japan’s Reazon Capital eyes 8 SE Asia investments this year
Indonesian startups Tjufoo, Sinbad announce merger, creation of new holding entity
Sale process of Malaysia’s Island Hospital by PE firm Affinity draws investors
Policy & Regulations
The inspections often involve the seizure and examination of mobile phones and laptops belonging to top executives.
Venture Capital
OPTIX has closed an oversubscribed pre-Series A round led by Primavera Venture Partners.
CICC is planning to reduce its investment banking headcount by at least 10% this year.
The round roped in four strategic investors including CCB Investment and Changshu Jingkai Guofa Fund.
IPOs & Markets
The deal books are already multiple times oversubscribed.
The agreement marks a win for BYD, which has been looking to expand its revenue beyond EV sales under its own brand.
Deals
The upsized senior secured credit facilities will help support the growth of Acclime.
About 20% of the [second] fund will be allocated to the so-called ‘sci-fi longevity tech’.
Earnings and Results
This marks a second consecutive quarter of investment income gain.