Bhupendra Singh Chundawat4/1/2018 – State-owned Vietnam Rubber Group (VRG) has announced that it is going for an initial public offering that will be scheduled on the 2nd of February. Under the deal, VRG will be offering 475.1 million shares, which represents about 11 percent of its charter capital. The shares will be sold at an initial starting … Read more
5/1/2018 – An operator of a series of tourism-related businesses, Memories Group has begin trading on the Singapore Exchange board today. With this listing, the company which is the largest operator of hot air balloons in Myanmar will become the first Burmese tourism-focused company to list on an exchange board. Memories Group is also the … Read more
8/1/2018 – Telecom service player MTG DC Co Ltd is planning to invest about US$24 million over the next year and a half in building the tower infrastructures in Myanmar. Its top customer will be the new telecom operator, Viettel-backed Myanmar National Tele & Communications Ltd (MNTC), which is the company behind the brand – … Read more
8/1/2018 – Dah Makan, a Malaysian food delivery startup has closed US$2.6 million pre-Series A follow-on funding from renowned startup accelerator Y Combinator (YC). Other investors including Texas Atlantic Capital, Swiss family office Atami Capital, and former founder of PE Fund APAX Partners also joined YC in leading the new round, along with participation from … Read more
9/1/2018 – Hargol Foodtech, a startup based in Israel has today received a US$600K seed funding round from Singapore-based venture capital firm Sirius Venture Capital and Netherlands-based SLJ Investment. The startup plans to use the latest funding to increase its production capacity in an effort to solidify its position as an international provider of alternative … Read more
12/1/2018 – Vietnamese restaurants operator Red Wok Cuisine has on Thursday acquired Quan Ut Ut Co Ltd, the company that owns Quan Ut Ut Barbecue and BiaCraft restaurant chains. This acquisition was made as part of Red Wok’s market expansion strategy which aims to boost the company’s competitive advantages. It targets small-scale businesses operating between … Read more
15/1/2018 – State-owned oil and gas company PetroVietnam is looking to place three of its subsidiaries for an Initial Public Offering this month. The three wholly-owned subsidiaries are Binh Son Refining and Petrochemical (BSR), PetroVietnam Oil Corporation (PV Oil), and PetroVietnam Power Corporation (PV Power). BSR and PV Oil is slated to debut on the … Read more
