🇸🇬 A US$77 million half-year loss, so why does Singapore's DayOne file for Nasdaq now? — TechNode Global · Permalink
DayOne, the data-centre builder spun out of China's GDS, filed on 5 October to list on Nasdaq under the ticker DODC. First-half revenue was US$512 million against a US$77.2 million net loss, up from US$12.6 million. It holds 4.6GW of power across ten markets, 2.3GW already booked by customers.
Positive-sum angle: A DayOne listing prints a public price for every Johor and Batam data-centre plot. Anyone selling cooling, switchgear or fibre into those sites gets a customer with Nasdaq money before the year is out.
🇵🇭 Priced a third below its ceiling: GCash owner Mynt's US$840 million IPO opens to retail — The Star · Permalink
Mynt priced its Philippine IPO at US$0.11 (₱6.60) a share after a US$0.17 (₱10) ceiling, raising US$840 million (₱53 billion). Cornerstone funds took 69% of the shares. Retail orders run until 12 October; trading starts 20 October as GCASH.
Positive-sum angle: A Filipino with a brokerage account can buy GCash until 12 October at the price the cornerstones paid. A Manila founder's next deck opens with a listed comparable priced by the market, not by a prospectus.
🇸🇬 Banking-app security buys the AI guard for websites: Singapore's V-Key takes a majority of CloudsineAI — DealStreetAsia · Permalink
V-Key, the Singapore firm whose security layer sits inside 300 mobile apps across 15 countries, bought a majority of CloudsineAI, which watches websites and AI systems for tampering. Price undisclosed; V-Key's investor Tower Capital Asia bought in eight months ago.
🇲🇾 Khazanah pays up to 30% of a VC's raise: Jelawang backs Superscrypt and TNB Aura — DealStreetAsia · Permalink
Jelawang Capital, the fund-of-funds arm of Khazanah, Malaysia's sovereign wealth fund, committed to Superscrypt's second fund, a US$100 million target, and TNB Aura's third. It pays up to 30% of each manager's raise from a US$240 million (RM1 billion) programme, five managers in.
