Southeast Asia

With a new central clearing system and direct physical linkages to Shanghai, Hong Kong is overhauling its bullion infrastructure to cement its role as Asia's premier gold trading hub.

Temasek's SeaTown Holdings-backed Foundation Healthcare Holdings debuts on the SGX Mainboard, while Chinese electronic components manufacturer Luxshare leads lukewarm IPOs in Hong Kong.

As venture capital rebounds and AI reshapes global investment priorities, Asia's innovation ecosystem is evolving along a distinctly different path, one where governments, capital markets, family offices and banks are increasingly working together to build the next generation of companies.

EQT’s mid-market fund will acquire the Melbourne-headquartered parking, enforcement and compliance technology provider, while Smartworks’ Singapore subsidiary has acquired Workstudio Spaces for an equity value of S$2.47 million.

The former Nomura, UBS and Deutsche Bank banker brings more than 25 years of global M&A and strategic advisory experience.

The Mobile World-backed electronics retailer plans to start trading on the Ho Chi Minh City Stock Exchange in August, after completing one of Vietnam’s largest IPOs in recent years.

The government is looking to reform business and visa approvals and raise a significant amount in tax revenue which economists are warning will be difficult to achieve.

The proposed VITRO REIT listing would be the Philippines’ first digital infrastructure REIT, amid a quiet Southeast Asia IPO market and increasing demand for data centre development.

Anthony Yap will head up leveraged finance for Australia and New Zealand, while Maria Chua is joining the Southeast Asia team.