Pocket Aces

Ma Activity · Asia

Orangekloud Technology enters definitive agreement to acquire Orbis Technology Limited (operator of VeVe); combined entity to be renamed VeVe Inc. and trade on Nasdaq under ticker 'VEVE'. Concurrent private placement of $30M–$100M.

Ma Activity · Asia

Baker Hughes won major contract award from Searah North Ganal Limited to supply subsea production systems and digital technology for Kutei Northern Hub natural gas development offshore Indonesia

Ma Activity · Asia

Aeon divested its Thai supermarket business (MaxValu and MaxValu Tanjai chains, 30 stores) to Central Retail's food arm. The sale closes a 42-year presence in Thailand retail, with the Japanese group pivoting to higher-margin segments (finance, entertainment, health/wellness) and geographic reallocation toward Vietnam.

Ma Activity · Asia

upGrad is closing acquisitions of Unacademy and Internshala. The Unacademy deal is valued at approximately Rs 1,955 crore (all-stock transaction) and expected to close within three weeks. This consolidates higher education, skilling, test preparation, medical education and creator-led learning platforms.

Ma Activity · Asia

Allianz Global Investors acquiring UOB Asset Management (€28B AUM) from UOB Group for €376 million (SGD 555 million), expanding asset management footprint across Southeast Asia.

Ma Activity · Asia

Signature Global awarded ₹920 crore in contracts for housing project construction in Gurugram; KEC International Ltd and NCC each awarded ₹460 crore contracts