Headlines this week were dominated by more companies running into trouble amid the virus crisis.

The post Editor’s take: The week that was – April 27-May 1 appeared first on DealStreetAsia.

The $100 million Series C round was co-led by Breakthrough Energy Ventures and Temasek

The post Temasek boosts investment in agtech startup Pivot Bio appeared first on DealStreetAsia.

AsiaKredit provides consumer finance products to underserved consumers in the Philippines.

The post SG’s GoBear buys digital lender AsiaKredit to expand alternate consumer lending appeared first on DealStreetAsia.

Singapore-based Ramblin' Brands raised a $4.4-million round from DSG Consumer Partners in 2016.

The post COVID-19 spurs surge in demand for SG-based sexual wellness firm’s Smile Makers appeared first on DealStreetAsia.

The deal marks ARA Asset Management's entry into the fintech sector.

The post Singapore’s ARA, tycoon John Lim buy 52.08% stake in crowdfunding platform Minterest appeared first on DealStreetAsia.

The funding will be used by the company to expand its production capacity.

The post SG’s biodegradable plastic maker RWDC raises $133m in Series B round appeared first on DealStreetAsia.

The property benefits from a prominent location in Jurong close to the upcoming Tuas Megaport.

The post Deutsche Bank unit DWS acquires warehouse in Singapore appeared first on DealStreetAsia.

The deal values the 50-storey office development at S$1.68 billion ($1.2 billion).

The post Alibaba unit buys 50% stake in Singapore’s AXA Tower appeared first on DealStreetAsia.

An EY survey shows how competition in the M&A space is likely to come in from private capital players.

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The transaction is expected to close during the second quarter of 2020.

The post Everstone exits Singapore-based HR service provider Excelity Global appeared first on DealStreetAsia.

KKR has about $58 billion in dry powder for new investments.

The post KKR sees Asia portfolio as driver for growth amid virus crisis appeared first on DealStreetAsia.

Atento claims to be the largest customer relationship management and BPO player in Latin America.

The post GIC takes stake in LatAm outsourcing player Atento in debt-for-equity deal appeared first on DealStreetAsia.

China continued to dominate the megadeal market in the week, with car trader Chehaoduo alone bagging $200 million.

The post Editor’s take: The week that was – May 4-8 appeared first on DealStreetAsia.

Despite the recent pressure of Covid-19, key SEA co-living operators said they would continue to expand this year.

The post Southeast Asian operators bullish on co-living growth prospects but see it as long-term play appeared first on DealStreetAsia.

The acquisition price of $58.36 million works out to 20 times price-to-earnings ratio.

The post StarHub’s Strateq deal offers ‘reasonable’ valuation: DBS appeared first on DealStreetAsia.

The U.S. Department of Justice (DoJ) returned nearly $200 million to Malaysia in May.

The post Malaysia recovers $323m of 1MDB fraud money, PM’s office says appeared first on DealStreetAsia.

Most economists have cemented their expectations for the MAS to ease policy at its review scheduled for April.

The post Singapore inches towards first recession in two decades amid COVID-19, Malaysia travel ban appeared first on DealStreetAsia.

The Malaysian government announced a nationwide lockdown from March 18 to 31 to avoid the spread of the novel coronavirus.

The post Coronavirus lockdown gets dealmakers, entrepreneurs jittery in Malaysia appeared first on DealStreetAsia.

The firm is in talks with a host of investors in Singapore, Thailand, Cambodia and Indonesia, apart from its home market.

The post Malaysian payments firm iPay88 in talks to raise $25m to expand ops appeared first on DealStreetAsia.

EPF has been open to increasing its overseas portfolio to diversify its investment risk.

The post Malaysia’s EPF said to have acquired London office block for $379m appeared first on DealStreetAsia.

It is exploring setting up a vehicle to take over the debt of Malaysia Airlines and AirAsia.

The post Malaysia explores debt options, M&A to bail out airlines appeared first on DealStreetAsia.

Measures announced by the govt, such as tax and loan deferments, are unlikely to boost VC investments.

The post Malaysia’s latest stimulus package gets thumbs down from businesses, investors appeared first on DealStreetAsia.

The startup was looking to foray into Thailand and Singapore this year.

The post Malaysia’s Moovby puts expansion plans on hold amid COVID-19 crisis appeared first on DealStreetAsia.

Japan's GPIF has appointed Goldman Sach's Eiji Ueda as its CIO and managing director.

The post People Digest: Malaysia PM named Khazanah chairman; Japan’s GPIF hires CIO appeared first on DealStreetAsia.

VCs, startups and industry associations have banded together to offer funds and assistance.

The post COVID-related assistance emerges for SEA’s hard-hit startup ecosystem appeared first on DealStreetAsia.

CEO Marc Barnett described the layoffs as a response to uncertainties surrounding the impact of the COVID-19 pandemic.

The post Malaysia streaming platform iflix cuts staff as debt deadline, virus uncertainties loom appeared first on DealStreetAsia.

Golden Skies Ventures has secured financing for the deal from an undisclosed European bank.

The post Malaysian firm offers $2.5b for Khazanah-backed ailing state carrier appeared first on DealStreetAsia.

The current crisis demands greater use of digital services over good quality, resilient broadband infrastructure.

The post COVID-19 could alter trajectory of ASEAN’s digital economy growth, says World Bank economist appeared first on DealStreetAsia.

The company plans to complete as many as seven mergers and acquisitions over the next two years.

The post Malaysian drone firm Aerodyne to seize global M&A opportunities amid virus turbulence appeared first on DealStreetAsia.

GSV submitted its proposal last month to Morgan Stanley, which Khazanah has hired to manage the airline’s search for a strategic partner.

The post Khazanah sceptical about GSV’s $2.5b offer for Malaysia Airlines appeared first on DealStreetAsia.

The program will provide 20-40 million ringgit to Malaysian companies looking for capital.

The post Malaysia’s COPE Private Equity launches $41m program to back local businesses appeared first on DealStreetAsia.

The co-working sector is likely to stare at a spate of consolidations as lockdown drags down revenues of companies.

The post SEA’s co-working operators fight for survival amid COVID-19 outbreak appeared first on DealStreetAsia.

The Malaysian government has been seeking a strategic partner for its financially ailing national airline.

The post Malaysia Airlines, Khazanah in talks with government to seek more funds appeared first on DealStreetAsia.

The US Department of Justice last year said it had recovered $1 billion in assets associated with the corruption scandal, its largest-ever civil forfeiture.

The post US returns another $300m of recovered 1MDB funds to Malaysia appeared first on DealStreetAsia.

It was the company’s first bond sale since a $5 billion offering in March 2015.

The post Malaysia’s state oil giant Petronas raises $6b in first bond offering in five years appeared first on DealStreetAsia.

Hoow Food previously raised S$1.7 million in a seed round led by F&B player Killiney Group and joined by TRIVE.

The post SEA Digest: SG’s Hoow Foods nabs funds; ScaleUp Malaysia backs 10 firms appeared first on DealStreetAsia.

Bursa Malaysia said both exchanges would collaborate on several areas of mutual interest aimed at strengthening ties and promoting the flow of investment.

The post Malaysia, Shenzhen stock exchanges sign MoU to improve cross-border collaboration appeared first on DealStreetAsia.

Divestment activity jumped nearly four times to $145.03 million from $36.99 million a year ago, SC data shows.

The post Malaysia’s PE, VC sector sees slight dip in total fund commitment in 2019 appeared first on DealStreetAsia.

The crisis has also unearthed new opportunities for investors eyeing distressed hospitality and retail assets.

The post Southeast Asia’s realty market braces for short-term instability appeared first on DealStreetAsia.

A possible merger between MAB and AirAsia was considered even last year.

The post AirAsia, Malaysia Airlines merger an option as COVID-19 batters industry appeared first on DealStreetAsia.

Ekuinas CEO Syed Yasir said the current market volatility is an opportunity to acquire distressed assets.

The post Ekuinas CEO says lower startup valuations to spark M&A frenzy appeared first on DealStreetAsia.

Lalamove is set to offer food delivery service at zero commission for food merchants in Singapore. 

The post Surge in food delivery demand amid COVID-19 lockdown whets appetite of new players appeared first on DealStreetAsia.

The firm is offering 5 per cent of its existing outstanding shares, priced at a discount between 1.49-1.52 ringgit per share.

The post Malaysia’s Serba Dinamik to raise $53.5m for gearing, working capital appeared first on DealStreetAsia.

The deal marks Sunway Berhad's foray into financial technology (fintech) space. 

The post Sunway Group to buy 51% stake in Credit Bureau Malaysia appeared first on DealStreetAsia.

The digital adoption rate of SMEs in Malaysia remains low and its e-commerce industry is still in its infancy.

The post Malaysia’s ambition to become a digital economy hub still at the halfway mark appeared first on DealStreetAsia.

V Capital has also become Cross River Bank's strategic partner in the Southeast Asia region.

The post V Capital teams up with Cross River Bank, eyes digital banking licence in Malaysia appeared first on DealStreetAsia.

The 2022 target is a part of the fund's diversification strategy of its asset classes.

The post Malaysia’s PNB seeks to raise global exposure to 30% by 2022 appeared first on DealStreetAsia.

SC will facilitate the online distribution of capital market products such as unit trusts.

The post SC Malaysia allows distribution of capital market products via e-service platforms appeared first on DealStreetAsia.

INCJ bought the shares from Edotco parent Axiata for $400 million via a private placement in 2017.

The post Japanese PE investor INCJ mulls stake sale in Axiata tower arm appeared first on DealStreetAsia.

Philippines-based cloud kitchen startup CloudEats has secured $1.4 million in a seed funding round led by an undisclosed local family office.

The post SEA Digest: CloudEats bags seed funding; LinkAja launches sharia service appeared first on DealStreetAsia.