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  • Dasin Retail Trust seeks Singapore IPO to raise US$84.5 million

    Dasin Retail Trust seeks Singapore IPO to raise US$84.5 million

    vivian
    December 29, 2016

    Chinese mall business, Dasin Retail Trust is looking to raise at least 586.4 million yuan (about US$84.5 million) in its initial public offering on the Singapore Exchange (SGX) mainboard.

  • Taiping Assets Management leads US$309 million round in Shouqi Car Rental

    Taiping Assets Management leads US$309 million round in Shouqi Car Rental

    vivian
    December 28, 2016

    Shouqi Car Rental raises US$309 million in a fundraising round led by Taiping Assets Management. Tianan Property Insurance and CCB International has also participated in the investment.

  • Indonesia MDS raises ownership in Matahari Mall online for US$12.2 million

    Indonesia MDS raises ownership in Matahari Mall online for US$12.2 million

    vivian
    December 28, 2016

    Indonesian retail firm MDS has increased its ownership in Global Ecommerce Indonesia (GEI), the parent company of local e-commerce startup, MatahariMall.com for a price tag of RP 164.9 billion (about US$12.2 million).

  • SATS to acquire 10% stake in Evergreen Sky Catering Corp for US$22.3 million from Malaysia Airlines

    SATS to acquire 10% stake in Evergreen Sky Catering Corp for US$22.3 million from Malaysia Airlines

    vivian
    December 28, 2016

    Singapore-listed SATS has entered into a conditional share sale agreement with Malaysia Airlines to acquire a 10 percent stake in Evergreen Sky Catering Corporation (ESCC) for RM100 million (about US$22.3 million).

  • Taiwan’s Next Entertainment raises US$25 million in Series A round led by China live streaming app Inke

    Taiwan’s Next Entertainment raises US$25 million in Series A round led by China live streaming app Inke

    vivian
    December 27, 2016

    Taiwan-based Next Entertainment, a live broadcasting platform, has closed its US$25 million in Series A financing which is led by Inke with participation from FunPlus, GSR Ventures and Mayfield. The funds will be used for…

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