Tuesday, 08 September 2026 · SEA Deal Ticker

SEA Deal Ticker Tue, 08 Sept

Capital bought hard assets today: a data centre, a mine, a car plant.

A data centre now borrows like a toll road: Indonet signs a $530M five-year facility — DealStreetAsia · Permalink

PT Indointernet's subsidiary drew a $530.2 million credit facility on 2 September, priced at Term SOFR plus 2.5-2.6% and secured against the project itself. Bangkok Bank, Bank of China and MUFG participated.

Positive-sum angle: Anyone in Jakarta buying GPU hours has been quoted against imported capacity. Racks financed like infrastructure are the first sign the price gets set onshore.
Indonesia's biggest coal miner buys its way out of coal: Bumi takes Loyal Metals for A$79.1M — DealStreetAsia · Permalink

Bumi Resources' Australian arm bought all 175.71 million Loyal shares by scheme of arrangement for A$79.1 million ($56.95 million), closing 4 September. The explorer then delisted from the ASX.
The Nasdaq parent no longer owns the factory: VinFast's Vietnam plant goes fully domestic — TNGlobal · Permalink

VinFast Auto sold its 10.369% holding in VinFast Trading and Production to domestic investors for $530 million. Design, branding and sales move to a separate entity; the plant stays Vietnamese.

Positive-sum angle: Any hardware founder in Vietnam watching the country's largest manufacturer split the factory from the brand just got the template for who should carry the capex.
83,000 borrowers no bank would score: Malaysian private credit backs Digitec with a RM5M cheque — DealStreetAsia · Permalink

Crewstone International committed RM5 million ($1.2 million) alongside Mirai Bridge Capital to scale a platform that has moved RM130 million to gig workers and micro-entrepreneurs.

Positive-sum angle: Any SEA founder whose customers are gig workers has been told the credit data does not exist. Eight thousand applications a month through 30 licensed lenders says otherwise.
Singapore's state investor is buying orbit, not apps: Temasek co-leads Pixxel's $100M Series C — TNGlobal · Permalink

Temasek and Seraphim Space led the largest round an Indian space company has raised, taking the hyperspectral-imaging firm to $195 million total. Its satellites sell crop, forest and mine data.

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