Fundraising
Vingroup’s hospitality arm seeks US$300 million in private debt
Vinpearl’s fundraising comes as private credit markets in the US reel from a series of high-profile setbacks
PayPay, SoftBank raise US$879.8 million in payments firm’s US IPO
As at December, the number of digital payment users exceeds 72 million in a country of roughly 123 million
Bain Capital raises US$12.5 billion in Asia, Japan fund sprint
Strong demand pushes the fund to its hard cap, far exceeding the US$7 billion target
OpenAI funding on track to top US$100 billion in latest round: sources
The company’s pre-money value will remain US$730 billion, according to a source
Sing60 ends on a high note for charity
More than 60 home-grown acts across several genres performed at the two-day music festival
Databricks in talks to raise capital at US$134 billion valuation: report
The company now expects sales to grow by 55% this year
August Global Partners raises US$150 million in final close of Healthcare fund
The fund seeks opportunities in healthtech, advanced manufacturing, digital health and precision medicine
Wee Hur Holdings prices S$30 million notes due 2030 at 4.8%
The notes are expected to be issued on Dec 1 and to list on the Singapore Exchange on Dec 2
Hong Kong poised to reclaim top global IPO ranking in 2025
Geopolitical tensions and regulatory backlash in the US against Chinese stocks are working in the city’s favour
Chinese data centre firm GDS aims to raise over US$1 billion for international unit DayOne: sources
GDS is aiming to build up DayOne into an independently run and separately listed unit in the mid to long term
