Myanmar auto leasing firm Yoma Fleet’s 20% stake to be acquired by Tokyo Century Yoma-fleet

Myanmar auto leasing firm Yoma Fleet’s 20% stake to be acquired by Tokyo Century

In an announcement made by Tokyo Century, Japanese financial services firm, it was revealed by the company that it is all set to acquire 20% of common shares in Yoma Fleet, the auto leasing subsidiary of SGX-listed Yoma Strategic Holdings. The amount of the acquisition deal is US$26.6 million. Post buying the common shares amounting […]

SpeQtral secures US$1.9 million through seed funding led by Space Capital SpeQtral

SpeQtral secures US$1.9 million through seed funding led by Space Capital

A Singapore based startup, SpeQtral has secured US$1.9 million in an oversubscribed seed funding. The startup has been developing space quantum communication systems. Space Capital, a US$25 million venture fund of Space Angels, alongside the participation of other investors including Shasta Ventures, Golden Gate Ventures, and SGInnovate, led the funding round. The co-founder and CEO […]

Indonesian Robo Trading Platform, Lubna secures funds from East Ventures Lubna

Indonesian Robo Trading Platform, Lubna secures funds from East Ventures

An amount that is yet to be disclosed has been secured by robo trading platform which has its headquarters in Jakarta; from East ventures. The funds that have been raised are targeted for facilitating further R&D efforts, product launch and expansion of its analyst team. The idea of Lubna, the robo trading platform was conceived […]

Thailand’s Food Holding acquires Japanese restaurant operator for an amount of US$9.38 million Thailand’s Food

Thailand’s Food Holding acquires Japanese restaurant operator for an amount of US$9.38 million

Thai-listed Electronics Industry Pcl (EIC)’s wholly-owned subsidiary, Food Holding has acquired ordinary shares of Japanese restaurant operator’s Eastern Cuisine (Thailand) for 300 million baht, equivalent to US$9.38 million. Post the approval to be received from the shareholders in June for the acquisition, the transaction will be completed before the end of the third quarter of […]

An amount of US$4M secured by Digital real estate platform from VinaCapital Ventures in Rever’s series B funding

An amount of US$4M secured by Digital real estate platform from VinaCapital Ventures in Rever’s series B funding

In the three- day event of Vietnam Venture Summit, VinaCapital Ventures, which the technology investment arm of VinaCapital made an investment of US$ 4 million in Rever’s series B funding. Vietnamese investment firm STI Holding, and Le Hong Minh, the founder and CEO of VNG, one of the Southeast-Asian unicorn companies had joined the funding […]

Algorithm developed to Predict Patient’s Chance of Survival in ICU through Individual’s Medical History

Algorithm developed to Predict Patient’s Chance of Survival in ICU through Individual’s Medical History

An individual patient’s risk of mortality in the ICU can be predicted more effectively using a newly developed algorithm by researchers in Denmark. The algorithm that they have developed outperforms current non- computational methods of estimating mortality, as has been demonstrated by their study published in the journal, “Digital Health”. An opportunity to improve patient […]

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