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Singapore’s online real estate firm PropertyGuru Pte agreed to go public through a merger with Bridgetown 2 Holdings Ltd., the blank-check company backed by billionaires Richard Li and Peter Thiel, seeking to spur growth as its domestic property market sizzles.
JAKARTA: Online mall Bukalapak is set to raise about 22 trillion Indonesian rupiah (US$1.5bil or RM6.33bil) in the country’s largest-ever initial public offering (IPO) that presages a wave of domestic tech listings, according to sources.
JAKARTA: Online marketplace Bukalapak aims to raise as much as 21.9 trillion Indonesian rupiah ($1.5 billion) in an initial public offering, the first of Indonesia’s tech unicorns to tap the country’s stock market.
Delivery Hero SE’s Foodpanda has grown into the biggest food-delivery app in Asia, excluding China, and envisions further expansion in areas such as groceries, said Jakob Angele, its head for the Asia-Pacific region.
Vertex Holdings Ltd. is planning to raise funds for dealmaking by listing a special purpose acquisition company in Singapore, which could be the country’s first such deal, according to people familiar with the matter.
Global M&A hits record highs with $1.5 trillion of Q2 deals
NEW YORK: William Ackman, whose blank check acquisition company struck a deal to buy 10% of Universal Music Group (UMG) last week, is exploring options to increase his stake in the music label and already pushing ahead with his next deal, he told investors on Wednesday.
KUALA LUMPUR: Carsome, an online used car platform in South-East Asia, is weighing going public in the US in a deal that would make it Malaysia’s first unicorn, according to people with knowledge of the matter.
KUALA LUMPUR: Carsome Sdn Bhd, an online used car platform in Southeast Asia, is weighing going public in the U.S. in a deal that would make it Malaysia’s first unicorn, according to people with knowledge of the matter.
KUALA LUMPUR: SEA Ltd and Petroliam Nasional Bhd (Petronas) (pic) are among companies planning to bid for a digital banking licence in Malaysia, according to people familiar with the matter, as the country prepares to open up its financial industry.