Deals
The disposal is part of the embattled property developer’s effort to resolve its liquidity issues.
1
China's Country Garden sells 11% stake in LandSpace for $180m
2
India's Canara Robeco Asset Management files for IPO
3
Tencent Music in talks to buy China's Ximalaya for $2.4b
4
China's Ping An Insurance posts 26.4% fall in Q1 profit
5
Vietnam's Masan to list its consumer unit by Q3, drops The Crown X listing
More Stories
Creador picks 13% stake in Vietnam’s Long Chau Pharmacy at $1.5b valuation
Heliconia Capital invests in SG logistics firm Sin Chew Woodpaq
WhiteCoat acknowledged “isolated case” of falsified genetic test results in Vietnam
Akulaku’s net profit nearly halves in 2024 despite higher revenue
VinFast’s global ambitions drive up costs but gains still a long road ahead
IPOs & Markets
The listing is set to come at a time when rising global market volatility.
Tencent Music is planning to use a combination of cash and shares for the acquisition.
Earnings and Results
Its net profit for the three months to March 31 was 27.02 billion yuan.
It is targeting achieving net revenue of up to 85.5 trillion dong this year.
Singapore
The sale of the Exxon Mobil retail outlets is entering the formal bidding stage.
Rest of Asia
Chan has over 28 years of experience across markets.
Indonesia
The bank’s total assets grew 44% year-on-year to 32.5 trillion rupiah during Jan-March 2025.
Vietnam
Long Chau is the only profitable national pharmacy chain in Vietnam.
The potential for AI-driven innovation is also immense in emerging markets like Vietnam.
