Anshuman Daga
Stories by Anshuman Daga
DBS, OCBC, StanChart among potential bidders for Citi’s Asia consumer business
The businesses Citi is exiting had $82 billion in total assets.
Grab said to be weighing secondary listing in Singapore after US SPAC merger
Listing on SGX will enable Grab to have an investor base close to its regional business base.
Indonesia’s e-commerce unicorn Bukalapak raises $234m in fresh funding
The round was led by Microsoft, Singapore sovereign wealth fund GIC, and conglomerate Emtek.
Singapore’s oil trading firm Hin Leong’s owners face asset claims
Liquidators and creditors are hunting for assets from Singapore to Australia belonging to the Lim family.
Asian SPACs may not attract big dollars despite favourable rule changes from regulators
Low valuations, need for investor protection safeguards may prevent SPACs from taking off.
SG’s Jurong Port completes acquisition of Lim family’s stake in Universal Terminal
It comes nearly a year after Hin Leong racked up some $4 billion in debt and entered court restructuring.
Malaysia’s Top Glove bets on pandemic boom to propel $1.9b HK listing
Top Glove plans to complete the Hong Kong listing process by the second quarter of this year.
Traveloka to launch fintech services in Thailand, Vietnam before 2021 listing via SPAC
The travel major is developing "buy now, pay later" services in the two countries.
Philippines set to take rare, top spot for IPOs in Southeast Asia
Consumer retailers and REITs are lining up record fundraisings that could top $4 billion in 2021.
Grab’s heads of wealth management, payments to quit
Move comes as Grab makes a big push into financial services.
