KK Super Mart, a prominent convenience-store chain in Malaysia, is purportedly preparing for an initial public offering (IPO) that could potentially reach a staggering US$750 million in the latter half of this year. Company Ownership and Valuation The…
Golden Goose, an Italian luxury sneaker manufacturer, announced on Friday that HSG, previously known as Sequoia Capital China, has become its main shareholder. The Chinese private equity firm acquired its stake from the current owner, Permira. Additional…
BE Campbell, an Australian pork processing company, has recently obtained an investment from Allegro Funds as part of their growth strategy. The Sydney-based, third-generation family business employs over 750 individuals and provides services to supermarkets,…
International private equity company TA Associates will take an undisclosed stake in fast-growing bubble-tea chain Gong Cha. The investment is being made through TA Associates’ Hong Kong office, with settlement expected in early October. The value of the…
Starbucks has launched an investment fund to boost food and retail startup technology companies. The new entity, Valor Siren Ventures, will be managed by Valor Equity Partners, a growth-focused private equity investment firm that was among the first investors…
Private Equity firm KKR has taken up a “significant stake” in massage chair and lifestyle products group V3, the owner of the OSIM and TWG Tea brands. KKR’s investment is up to S$500 million in V3, valuing V3 at an enterprise value of about S$1.7 billion.…
The discussion between the US and China with respect to their bilateral trade would likely be the highlight for the equity market next week, says an economist. It could also be a source of market instability, said Bank Islam Malaysia Bhd chief economist Dr…
Vietnamese shares reached decade-highs and topped Asia-Pacific with the highest price gains in November, bolstered by rising foreign interest during the month. Foreigners were net buyers of about $500 million of shares in the country’s stock market in…
New Silkroutes Group (“NSG” or “the Group”) has formed a joint venture with three parties, including the Singapore subsidiary of China’s Nanshan Group, to develop private equity funds that will focus on healthcare and infrastructure in the Asia Pacific…
The Indonesian affiliate of Malaysian budget carrier AirAsia Bhd is planning to convert debt into shares to meet a new government rule on equity. The debt will be converted into preference shares which carry no voting rights, Sunu Widyatmoko, President…