Singapore-based OCBC Bank, the second largest financial group Southeast Asia, has subscribed to a convertible bond issued by China’s Tonglin Precision Parts (TPP) via its mezzanine arm.
Through this transaction, OCBC's Private Equity & Special Opportunities fund aims to support the expansion of TPP, a Chengdu-based independent supplier of engine blocks to domestic automotive manufacturers...
US-based Liberty City Ventures has led a USD 359m round for Hong Kong blockchain media company Animoca Brands at a pre-money valuation of USD 5bn, more than double its valuation in October.
Harmay, a China-based omnichannel beauty products retailer, has raised USD 200m across Series C and D rounds.
Novotech, an Asia-based clinical trials specialist controlled by TPG Capital, has secured USD 760m in new equity and debt financing at a post-deal valuation of approximately USD 3bn.
Quadrant Private Equity has sold Journey Beyond, an Australia-based experiential tourism business, to US-based Hornblower Group, which is best known for offering cruise and sightseeing packages.