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Newsletter by Index-Asia

Some of the latest selected deals of the area:

February 2019 Newsletter – Index Asia Ltd.

Energy – USD750.3m
[Energy][Acquisition] Basic Energy completes deal for minority stake in Thai firm
[Energy][Divestment] Phinma exits energy business
[Energy][Fundraising] SMC Global Power readies P30-billion bond issue, gets top rating
[Energy][JV] Manila Water inks P1.5-B Tanauan water project deal
[Energy][Investment] ADB and IFC invest $95m in green bonds issued by Ayala’s energy unit


Telecom – USD1.2m
[Telecom][Investment] LatAm firm inks MoU with DICT
[Telecom][Investment] GMA Network investing P1b for ‘digitization’
[Telecom][Expansion] DICT signs MOU with Aboitiz for rollout of cell towers


Real Estate – USD780.3m
[Real Estate][Fundraising] ALI plans massive fund raising
[Real Estate][Expansion] RLC forms unit for infra-related business
[Real Estate][Acquisition] 8990 enters high-end property development
[Real Estate][Fundraising] Bloomberry gets P40-b loan to build casino in Quezon City
[Real Estate][Fundraising] PSE OKs PH Resorts’ P12B equity sale
[Real Estate][Backdoor Listing] Okada Manila operator takes control of ABG
[Real Estate][Buy-back] 8990 to launch P2-billion share buyback program 

Finance USD16.7m
[Finance][Acquisition] BDO unit to shell out P781 million for Bulacan rural bank
[Finance][Fundraising] Navegar seeks $150m for second Philippines PE fund
[Finance][Tech][Fundraising] Philippine-focussed blockchain remittance startup SendFriend secures US$1.7M funding


Tech – USD2.1m
[Tech][Fundraising] Blockchain ticketing startup Ticket2Me secures US$350K seed funding from Citystate Group
[Tech][Finance][Fundraising] Philippine-focussed blockchain remittance startup SendFriend secures US$1.7M funding
[Tech][IPO] Cal-Comp Philippines eyes IPO by third quarter

Education – USD302.9m
[Education][Acquisition] STI-NAMEI Boosts Maritime Education in the Country
[Education][JV] Del Rosario-led Phinma invests P278M in Indonesia’s education market
[Education][Merger] Merger of AC Education and iPeople seen within 1st half


Healthcare – USD0.0m
[Healthcare][Acquisition] Metro Pacific unit eyeing stake in The Medical City
[Healthcare][Investment] Getz focuses on health care, medtech


Retail, F&B – USD245.0m
[F&B][Fundraising] Puregold set to hike capital base to P5b
[Retail][Expansion] Wilcon Depot plans to build 100 stores
[Retail][Fundraising] Singapore fashion startup raises $226 M, to expand in PH, Indonesia

Agribusiness – USD19.0m
[Agribusiness][Fundraising] Davao-based banana exporter secures P1-B loan


Logistics & Transportation USD364.8m
[Transportation][Fundraising] P19-B loan for Mactan-Cebu bridge signed
[Logistics][Fundraising] Chelsea Logistics eyes P7B from debt offering

Other USD0.0m
[Consumer][Acquisition] Sealed Air acquires flexible packaging producer MGM


Aggregated Deal Values = USD2,480.6m

Note: Deal values only include disclosed completed deals. Rumored, announced, or planned deals not included.

*USD1.00 = PHP52.09