Chinese restaurant chain Country Style Cooking (CSC), which was de-listed in the US in 2015, and automotive after-sales service platform Tuhu, which was previously targeting a New York offering, have both filed for IPOs in Hong Kong.
SIG Asia and Sequoia Capital China first invested in CSC in 2007 and took it public three years later. They then supported co-founders Hong Li and Xingqiang Zhang in a take-private that valued the business...
IMM Investment is providing KRW 150bn (USD 121m) in Series A funding for Korean cloud computing business NHN Cloud at a valuation of KRW 1trn.
QuantaSing Group, a Chinese adult tuition platform that spun out from wealth management and investment education business Erwan Technology, has traded relatively flat following a USD 41m IPO on NASDAQ.
MBK Partners and Unison Capital Korea have launched a tender offer for Osstem Implant, a Korea-based manufacturer of dental implants, that values the company at approximately KRW 2.85trn (USD 2.3bn).
A Bain Capital-backed take-private of Japanese one-stop field marketing services provider Impact HD, which values the company at approximately JPY 30.7bn (USD 236.3m), has won board support.