Mekong Capital has made a partial exit from Loc Troi Group – formerly known as An Giang Plant Protection – as the Vietnamese agribusiness player went public. The company is also backed by Standard Chartered Private Equity (SCPE) and PENM Partners.
Godrej Agrovet, the agri-business subsidiary of Indian conglomerate Godrej Industries, has filed for an IPO that will provide an exit for Singapore’s Temasek Holdings.
Japan’s middle-market in fundraising flurry; Toshiba fails to make the second-quarter cut, but Asia buyouts still boom; public markets, particularly in Japan, deliver strong exits as trade sales stutter
Indian footwear retailer Khadim India has filed for an IPO that will provide a full exit for its PE backer Fairwinds Private Equity.
China Literature, the ebook unit of China’s Tencent Holdings whose backers include The Carlyle Group and Trustbridge Partners, has filed for an IPO in Hong Kong.
Razer, a manufacturer of gaming peripherals such as headphones, joypads and mice, has filed for a Hong Kong IPO. The company, which was co-founded by a Singaporean but is based in the US, has numerous venture capital backers.
Prataap Snacks, an India-based snacks maker backed by Sequoia Capital, has refiled for an IPO following a change in its shareholding structure.
Best Inc, a Chinese logistics operator backed by Alibaba Group and a string of private equity investors, has filed for a US IPO. No details have been given as to the size and pricing of the offering.
Online energy trading platform India Energy Exchange (IEX) has filed for an IPO, providing a partial exit for several private equity backers.
WuXi Biologics, a Chinese contract R&D services provider to the global pharmaceutical industry that was taken private by a PE-backed consortium in late 2015, gained 38% on its Hong Kong trading debut following a HK$3.97 billion ($510 million) IPO.
Hong Kong wants to reinvest itself as a destination for Chinese technology listings with a new board that would be open to companies that are pre-profit and have dual-class share structures. Will it fly?
The China Securities Regulatory Commission (CSRC) has eased rules for private equity and venture capital firms by reducing their post-IPO lock-up period in an A-share listed companies from three years to one year.
Korean camera lens manufacturer Samyang Optics ended its first day of trading on KOSDAQ at a slight premium to its IPO price, having raised KRW66.8 billion ($60 million) in the offering and enabled VIG Partners to make a partial exit.
The Singapore Exchange (SGX) has partnered with Infocomm Media Development Authority (IMDA), Singapore’s technology and media regulator, to help technology start-ups list in the territory.
Dixon Technologies, a contract electronics manufacturer based in India, has filed for an IPO that will provide an exit to Motilal Oswal Private Equity (MOPE).
With regional and global GPs showing greater interest in Vietnam, local managers have an additional exit option - and an opportunity to show that country funds can perform across multiple cycles
Yantai Zhenghai Bio-tech, a Chinese biotechnology company backed by CDH Investments, saw its stock gain 44.03% on its first day of trading following a RMB234 million ($34 million) IPO in Shenzhen.
Samyang Optics, a Korea-based camera lens manufacturer owned by VIG Partners, is seeking to raise as much as KRW82.4 billion ($73.5 million) through a domestic IPO.
Indian online matchmaking services provider Matrimony.com has filed for an IPO that will provide exits for VC investors Mayfield India and Bessemer Venture Partners.
China Rapid Finance (CRF), a VC-backed peer-to-peer (P2P) lending platform, is trading up 32% on its IPO price following an offering on the New York Stock Exchange that raised $60 million.
Trade sales can provide investors in underperforming companies with an opportunity to reshape their investments, but they must be willing to let go of previous expectations and show flexibility
MBK Partners will make a partial exit from ING Life Korea as the insurer raises KRW1.1 billion ($972 million) in its domestic IPO.
Capacite Infraprojects, an Indian construction firm backed by Paragon Partners and NewQuest Capital Partners, has filed for a INR4 billion ($62 million) IPO.
KKR’s first close dominates fundraising activity, but mid-market showing still impresses; Japan leads the way as Asia exits remain reasonably strong; investment slows, if China state-backed deals are ignored