8/3/2018 – Malaysia’s online used car platform Carsome has raised one of the country’s largest-ever Series B rounds worth US$19 million, in an effort to strengthen its position in Southeast Asia’s ultra-competitive market for used vehicles. The round was led by Burda Principal Investments, the VC arm of German media company Hubert Burda Media, alongside … Read more
Cloudaron Group, a cloud service company based in Kuala Lumpur has entered into an agreement with ASX-listed 8common Limited for the acquisition of its subsidiary firm realtors8, for SGD4.23 million (about US$3.2 million) The transaction is expected to be completed by the second quarter of 2018 where realtors8 will become a wholly-owned subsidiary of Cloudaron. … Read more
Sun Pharmaceutical Industries’ one of the wholly owned subsidiaries has increased its shareholding in Ranbaxy Malaysia, Malaysia, by way of further purchase of 386,865 shares of face value of MYR 1.00 each (equivalent to 4.84%) of Ranbaxy Malaysia. Ranbaxy Malaysia, is a subsidiary of the company, and the total shareholding of Sun Pharmaceutical Industries along … Read more
Malaysia is a diverse and multi-racial country rich in culture and heritage. As a result of all the cultures thrown into her proverbial pot, Malaysia is home to a myriad of hard-to-resist food selections. The culinary landscape in the country changes dramatically from one region to the next, making it difficult to pinpoint a specific … Read more
ASX-listed Frontier Digital Ventures, an operator of online classified businesses in frontier and emerging markets has recently placed an investment in Philippines-based property marketplace Hoppler. The investment in Hoppler is said to follow Frontier Digital’s strategy of transitioning its revenue mix to be closer to transaction and partnership with local entrepreneurs. At present, the venture … Read more
