Chinese online game developer Giant Interactive Group, which was taken private last year by a consortium of PE investors in conjunction with the company’s CEO, is seeking to re-list in Shenzhen through a reverse merger.
Chongqing New Century Cruise, a listed company operates cruise ships and travel agencies, said in a regulatory filing that it reached an asset restructuring agreement with Yuzhu Shi, CEO of Giant, on September...
The Carlyle Group has applied for regulatory approval to acquire a 26% stake in Taiwan-based sushi chain Zhengxian, also known as Sushi Express.
Hong Kong-based insurer FWD Group and Malaysia’s Artem Ventures have set up a MYR 45m (USD 10.2m) VC fund focused on insurance technology and Islamic financial technology in Malaysia.
DeHaat, which claims to be India’s largest full-stack agricultural technology platform, has closed its Series E round on USD 60m. Sofina and Temasek Holdings were the lead investors.
Temasek Holdings has launched an internal review into the circumstances that led to its investment in collapsed cryptocurrency exchange FTX, but Singapore’s deputy prime minister refused to criticise the organisation’s governance structures.