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Boustead acquires Asia-focused healthcare business

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24-May-18 Boustead Singapore is acquiring 100% of WhiteRock Inc, a group of 16 equipment and health services companies for rehabilitative care, sleep care and sports science, operating in Singapore, China, Hong Kong, Malaysia and Thailand, for SGD19 mn (USD14 mn). [image: The Edge Singapore]

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IHH continually exploring opportunities to expand in India

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21-May-18 IHH considers India as its home market and plans to expand in a big way. Ajay Bakshi, head of IHH's Parkway Pantai India operations said his group is continually exploring value-accretive opportunities to grow its presence in the country. [image: Money Control]

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Alibaba buys Pakistani online retailer Daraz

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11-May-18 Alibaba has bought Pakistani e-commerce firm Daraz, as it looks to increase its presence in South Asia. Daraz, founded in 2012, is backed by tech incubator Rocket Internet and operates in Bangladesh, Myanmar, Sri Lanka, Nepal and Pakistan. [image: Shutterstock / Retail In Asia]

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Gulf Capital acquires fintech firm Saudi Geidea

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07-May-18 Gulf Capital has acquired a strategic stake in fintech firm Saudi Geidea to boost its presence in the payment and digital financial transactions sector in the GCC. The total value of the transaction is AED978 mn (USD266 mn). [image: Geidea]

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