Philippines electronics maker Cal-Comp receives PSE nod for $210m IPO Cal-Comp Tech, which is engaged in the manufacturing of external hard disk drives and televisions, currently has over 6,000 employees at its manufacturing facilities located at the Lima Technology Center in Lipa City and at the First Philippine Industrial Park in Sto. Tomas, Batangas.
PH-based ARQCapital invests in dialysis chain operator Medline ARQCapital, a Philippines-based investment firm focused on providing growth capital, announced that it has invested in Medline, a dialysis chain operator and franchising pioneer in the country. Financial details of the investment were not disclosed.
Bank-grade ID company Fractal partners with Philippine-based investment platform Seedbox, providing bankless access to mutual funds The Berlin and Singapore-based identification management company signs an agreement with Seedbox to put the effort in driving financial inclusion in Southeast Asia, starting with the Philippines.
Japanese fintech firm Digital Wallet acquires PH’s Speed Money Transfer Digital Wallet Corporation (DWC), a Japan-based financial technology (fintech) company, announced today that it has acquired remittance and foreign exchange firm Speed Money Transfer Philippines (SMTP) for an undisclosed amount.
Metro Pacific Hospitals raises $684m from KKR, GIC; defers IPO plan Philippines-based Metro Pacific Investments Corp is raising $684.5 million by selling a 42.5 per cent stake in its hospital unit to a consortium led by private equity firm KKR & Co and has deferred a proposed $1.6-billion initial public offering plan.
HR startup Sprout raises US$6M from American billionaire Steve Cohen’s VC NY-based Point72 Ventures, American billionaire Steve Cohen’s early-stage VC, has invested a US$6 million into Sprout, a payroll and human resources platform from Manila, Philippines. The Series A round of funding marks Point72’s first foray into Southeast Asia, Tech in Asia reported.