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Thailand’s TPI Polene Power to raise up to $500m in IPO

TPI Polene Power Pcl, Thailand’s largest producer of waste-derived power, plans to raise up to 17.5 billion baht ($500.4 million) in an initial public offering

Charn Issara sets aside $85.7m for hotel acquisitions in UK

SET-listed property developer Charn Issara Development Pcl is looking at acquiring two hotels in the UK at a budget of 3 billion baht ($85.7 million)

Lalamove to launch same-day delivery service in Bangkok in June

Lalamove, originally founded in 2013 as EasyVan in Hong Kong, recently completed its Series B funding round of $30 million led by Beijing venture capital firm, Xianghe Capital, raising total funds of $60 million over four rounds.

Thai solar power producer Sermsang to sell 30% stake in IPO

Currently, Sermsang Power has operated a solar energy farm with the installed capacity of 52 megawatts in Lopburi province

Thailand’s Kasikornbank (KBANK) mulls Indonesia foray via M&A

Kasikornbank (KBANK), the fourth largest bank in Thailand, is working on its feasibility plan to tap into Indonesia through acquisitions next year.

Tencent launches JV with Thailand’s Ookbee with $19m investment

The launch of this JV by Tencent and Ookbee will target and promote user-generated content and cover a diverse array of online media, with the aim of growing its presence in the region.
Charoen Pokphand Group

Thai food major CP Foods acquires US firm Bellisio Foods for $1bln

Thai food major CP Foods has completed the acquisition of US-based Bellisio Foods Inc in a $1 billion deal.

Thai Online job matching platform WorkVenture secures $420k seed funding

Online job matching platform WorkVenture has raised $420,000 in a seed funding round participated by several Thai investors

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