Deals
It marks Singapore’s first autonomous passenger service deployed within a residential estate.
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Sumitomo Corp's CVC arm launches $63m fund to back Japanese startups
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India Digest: TPG consortium to acquire NBFC; Nykaa eyes stake in 82°E
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Fore Coffee's net profit rises 55% in 2025 as aggressive store expansion lifts revenue
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India's Wipro to acquire SG-based Olam Group’s IT business for $375m
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China issues guidance for e-commerce including for cross-border trade
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Vietnam-based hospitality startup M Village said to be raising fresh funding
General Atlantic offloads most of its stake in PH live-streaming app Kumu
Danantara buys four asset management firms in consolidation push
Indonesia’s Rosé All Day Cosmetics may be weighing strategic sale
Sovereign wealth funds placed record venture capital bets in 2018
Existing backers Altara Ventures and Gobi Partners also participated.
People
In January, Capital A completed the sale of its short-haul aviation business to AirAsia X.
EPF holds a 19.72% stake in IJM and a 9.56% stake in Sunway.
Sunway launched the takeover offer on January 12.
Catcha’s unit will buy a 100% stake in Constellar Exhibitions Malaysia.
KWAP joins Lestari alongside KJTS Group and Stonepeak.
Analysis
The top developments in the region of the week in one read.
IPOs & Markets
The company raised 3.3 billion ringgit ($843 million) in its IPO on Bursa Malaysia.
Policy & Regulations
PNB said its board investment committee rejected the offer after an independent evaluation.