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

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

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-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 global expansion.

GIC, Tencent, Navlnfo to acquire a 10 per cent stake in open location platform HERE

GIC, Tencent, and NavInfo will be part of a consortium to acquire a 10 per cent stake in HERE as the company unveils its plans to bring its products and services to China.

SonKim Land secures US$100 million funding from Japanese investors

Through investment funds Lemon Grass Master Fund, Japanese investors continue to pour an additional US$100 million in the JSC Real Estate Son Kim Land.
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