Deals
Payments tech firm Optty saw its net loss surge 1.3x in the year ended Feb 29, 2024.
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OpenAI launches new series of AI models with 'reasoning' abilities
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Blackstone mulls selling stake in visa firm VFS Global
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US auto safety regulator opens probe into some VinFast EVs
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China's Ant Group refinancing $6.5b credit line
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SUSI Partners buys 39 MW wind farm in Vietnam from Norway's Scatec
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Indonesia’s Sinar Mas, LG CNS JV to build $300m data centre in Jakarta
Mr DIY eyes $300m IPO of Indonesia unit late this year
Hillhouse, GIC, Temasek said to be in talks to invest in Midea’s HK offering: Report
IPOs & Markets
Mr DIY raised about $360m in Malaysia’s largest IPO in 2020.
ST Telemedia Global Data Centers has also begun construction of its second data centre in Indonesia.
The move is part of Maybank’s strategy to invest in leading digital tech firms in the region.
Playtopia is Indonesia’s largest kids’ playground company with 37 centres.
Indonesian startup NutriMotion has secured seed funding from Argor Capital.
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Unicorns
eFishery is also tackling issues related to fraud in Indonesia, says newly appointed VP of Governance, Risk & Compliance.
This is IFC’s first investment in the Asian steel sector in over a decade.
Indonesian-based TransTRACK has witnessed a flurry of secondary transactions recently.
