Private Equity
Creador acquired the stake from Adilmart’s Bursa Malaysia-listed parent CCK.
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CKE said the investment will help with its growth plan and strengthen its internal processes.
Analysis
Chief investment officer credits strong domestic, US, and EU markets.
The round was anchored by Singapore-based PE firm KV Asia Capital Ltd.
Deals
Indonesian startup NutriMotion has secured seed funding from Argor Capital.
99 Speed Mart plans to use proceeds from the IPO to open about 250 stores annually until 2027.
Pension and sovereign wealth funds are sitting on huge blocks of the biggest companies’ shares.
Bateriku.com raised the funds from KWAP, Gobi Partners and others
DealStreetAsia had reported in May that IHH was among the contenders for the hospital.
IPOs & Markets
99 Speed Mart’s IPO is the country’s biggest listing in seven years.
