Home Control International, a Singapore-based manufacturer of remote controls for television and smart devices owned by Morgan Stanley Private Equity Asia (MSPEA), has filed for an IPO in Hong Kong.
Home Control was founded in 1992 as a unit of global appliance conglomerate Philips, and acquired by MSPEA in 2015. The company makes a wide range of remote controls under the Omni Remotes brand, using...
Beijing-based MSA Capital and Al Salam Bank-Bahrain have set up a $50 million VC fund that will target cross-border opportunities between China and the Middle East and North Africa (MENA) region.
Singapore-based online consumer-to-consumer marketplace Carousell has merged with the Southeast Asia subsidiary of Norwegian telecommunications giant Telenor Group.
China Reform Holdings, a state-owned fund manager with RMB700 billion ($100 billion) in assets under management, has launched a RMB50 billion fund that will make investments in the security industry, with a particular focus on technology-enabled services.
Chinese bitcoin mining equipment manufacturer Canaan experienced a volatile first day of trading on NASDAQ after raising $90 million in a smaller-than-expected IPO.