Analysis
Also, what’s behind Canadian funds pulling out of China?
1
UBS gets regulatory approval to fully own China securities joint venture
2
China's Huawei triumphs over US sanctions, returns to revenue peak
3
Shares of French video game maker Ubisoft jump after Tencent invests in new unit
4
KKR, JIC to take Japanese medical gear maker Topcon private for $2.31b
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India Digest: Abound bags $14m; Krafton buys Nautilus Mobile; Aramco may invest in BPCL, ONGC
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Investor pullback sends SE Asia PE fundraising to seven-year low in 2024
India: Kotak buys $122m stake in IPO-bound Tirupati as Affirma Capital exits
eFishery fiasco shakes investor confidence, but hope floats for Indonesia’s agritech sector
EQT joins star-studded race for Indian IT services firm SLK Software
Danantara’s team lineup, SOE control raise governance concerns
There is still optimism that promising companies will secure funding.
Earnings and Results
Disciplined expansion kept losses steady while driving meaningful top-line growth, analysts said.
Deals
The Widjajas own a 65.75% stake in Sinarmas Land through their family trust.
The bank recorded a net profit of 19.88 billion rupiah in 2024, compared with a loss of 573.18 billion rupiah in 2023.
The volume of equity deals secured by companies with female CEOs has been falling.
Indonesia’s new SWF poses questions around decision-making, and transparency of ops.
A Bloomberg report stated that the so-called bridge loan could have a tenor of about 12 months.
Danantara received $5.1b in dividends in 2024.
It is said to be evaluating several potential acquisitions, including Dunkin’ Indonesia and PT Inti Prima Rasa.
