Saturday, 12 September 2026 · SEA Deal Ticker

SEA Deal Ticker Sat, 12 Sept

Southeast Asia buys out the partners it no longer needs.

Twenty-five years in, the foreign partner cashes out: Maybank pays Ageas US$1.3B for full control — TNGlobal · Permalink

Belgium's Ageas sold its entire 30.95 percent holding in Maybank Ageas Holdings, booking a net after-tax gain of US$540 million. Maybank now solely owns Etiqa, the world's fourth-largest takaful provider.
The showroom is the moat: VinFast signs 13 Philippine dealers for 27 new stores — DealStreetAsia · Permalink

The MOUs cover Metro Manila, Cebu, Cagayan de Oro, Tacloban and Subic Bay. VinFast is targeting 60 dealerships across Luzon, Visayas and Mindanao by the end of 2026.

Positive-sum angle: Twenty-seven showrooms need parts counters, service bays and finance desks VinFast is not building itself — each one a contract in a provincial city rather than Manila.
Platform earnings are the new credit score: GXS finances Grab drivers' EVs at 100 percent — Fintech News Singapore · Permalink

GXS Bank underwrites drivers on their platform earnings instead of payslips. Some approved loans require no down payment and run up to ten years; the driver app is testing access to over 3,000 charging points.

Positive-sum angle: Any operator whose customers are gig workers just watched a licensed bank underwrite them on app earnings — the thin-file objection now has a live product answering it.
The data never leaves the ward: Mitsui puts Singapore's Oncoshot across IHH's 89 hospitals — TNGlobal · Permalink

Oncoshot structures clinical records into research-ready datasets without moving them off hospital servers. IHH runs 89 facilities across ten countries; Mitsui is its largest shareholder. Terms were not disclosed.

Positive-sum angle: Selling software into a hospital usually dies on the data-export question. A Japanese trading house just validated the other answer: leave the data where it sits.

Never miss a SEA deal.