Xeraya Capital, owned by Malaysia's Khazanah, has a mandate to focus on the life sciences sector. The post Malaysia's Xeraya Capital leads $31m Series B round for US medical device maker Aria CV appeared first on DealStreetAsia.
SINGAPORE -- Japan's Mitsubishi UFJ Financial Group's $706 million strategic investment in Grab will help the Singapore ride-hailing company fulfill its ambition to become a regional fintech player as it counts on the partnership to reach millions of Southeast Asia's underbanked population. The linkup comes as reports surfaced of potential merger talks between Grab and its Indonesian rival Gojek -- a development that would create the region's biggest tech group if realized. Financial expansion, though, is key to Grab's future plans, as it sees the sector as a growth generator that will bring in more profit.
Opponents of a third runway at London's Heathrow are set to hear on Thursday whether their legal appeal against the government's decision to expand Europe's biggest airport has been successful.
Online gaming platform Roblox, now home to 115 million largely Gen Z players per month, announced today it has raised $150 million in Series G funding, led by Andreessen Horowitz's Late Stage Venture fund. The company will also open a tender offer for up to $350 million of common and preferred shares, it says. The [...]
The proposed fund is said to be modelled after similar state vehicles established by neighbouring countries Singapore and Malaysia. The post Australia evinces interest in backing Indonesia's sovereign wealth fund appeared first on DealStreetAsia.
SINGAPORE: Four more COVID-19 patients have been discharged from hospital, while two new cases have been confirmed, said the Ministry of Health (MOH) in a daily update on Wednesday (Feb 26). This brings the total number of cases in Singapore to 93. Among those discharged from hospital on ...
SINGAPORE (Nikkei Markets) -- Singapore's malls are starting to see more visitors as fears regarding the COVID-19 coronavirus recede among locals but hotels will continue to be hurt by low occupancy given the plunge in travel across Asia, the city-state's two biggest developers said. CapitaLand, Southeast Asia's largest property company by assets, also said 12 of its malls in China remain shut but activity at the other 39 is picking up as Beijing gradually allows offices and factories to reopen.
Q1 2020 Royal Bank of Canada Earnings Call. : TORONTO Feb 26, 2020 (Thomson StreetEvents) -- Edited Transcript of Royal Bank of Canada earnings conference call or presentation Friday, February 21, 2020 at 1:00:00pm GMT Canaccord Genuity Corp., Research Division - Director of Research of Financials & Financial Services Analyst Good morning, ladies and gentlemen. Welcome to RBC's Conference Call for the First Quarter 2020 Financial Results. Please be advised that this call is being recorded. I would now like to turn the meeting over to Nadine Ahn, Head of Investor Relations. Please go ahead, Ms. Ahn.
AUSTIN, Texas, Feb. 25, 2020 /PRNewswire/ -- Summit Hotel Properties, Inc. (NYSE: INN) (the "Company"), today announced results for the quarter and year ended December 31, 2019. "We are pleased with our fourth quarter and full year results as RevPAR growth in our diversified portfolio of...
Temasek one of the world's biggest sovereign-wealth funds, has frozen salaries amid coronavirus. : One of the world's biggest sovereign-wealth funds has frozen the salaries of its employees and cut the bonuses of senior management as it comes to terms with the impact of the coronavirus outbreak. Singapore's state-owned investment firm Temasek, which manages S$313 billion ($224 billion), said the freeze would start in April and its length would be determined by market conditions. The Dow Jones Industrial Average on Monday fell more than 1,000 points, and had its worst one-day percentage decline in over a year.