Caproasia https://validator.w3.org/feed/docs/rss2.html Billionaire & Chairman of South Korea 2nd Largest Conglomerate SK Group Anthony Chey Tae-won Age 63 Ordered by South Korea Court to Pay $1 Billion in Divorce Settlement to Wife Roh Soh-yeong Who is Daughter of ex-South Korea President Roh Tae-woo, Anthony Chey Tae-won Admitted to Having a Mistress & Daughter Outside Marriage in 2015, Anthony Chey Tae-won Owns 17.7% of SK Inc & Has Personal Fortune of $3 Billion Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Latest Carbon Removal Platform Frontier Commits $915 Million to Buy Carbon on Behalf of Buyers Including Stripe, Google, Shopify, Salesforce, H&M Group & Anthropic, Frontier with Total $1.8 Billion Commitment to Buy Carbon, Frontier Launched in 2022 as Advance Market Commitment (AMC) to Accelerate Development Of Carbon Removal Technologies by Guaranteeing Future Demand for Carbon Latest Indonesia $5.9 Billion Merdeka Gold Resources (MGR) to Raise $305 Million via Hong Kong Depositary Receipts (HDRs) Listing on Hong Kong Exchange (HKEX) with Expected Listing on 26th June 2026, Current Market Value at $5.9 Billion & Share Price +28.4% YTD India National Stock Exchange (NSE) Files for India IPO to Raise $3.2 Billion, Private Markets Valuation at $53 Billion in 2026 & $58 Billion in 2025 India Billionaire Mukesh Ambani Telco Reliance Jio Infocomm to File for India IPO to Sell $4 Billion Shares at $180 Billion Valuation, Reliance Jio Infocomm Parent is Jio Platforms (Major Shareholder is Reliance Industries with 66.5%) UK Frontier AI Company CuspAI to Raise $400 Million at $2.6 Billion Valuation, Founded in 2024 by Chad Edwards & Max Welling, Investors Include Hoxton Ventures, Lightspeed, Giant Ventures, New Enterprise Associates & Temasek Jardine Matheson $20 Billion Hongkong Land in Final Bid Process to Buy Singapore Integrated Development Marina One Office & Retail for $3.9 Billion to $4.7 Billion (S$5 Billion to S$6 Billion) from Malaysia $25 Billion Sovereign Wealth Fund Khazanah Nasional & Singapore $324 Billion Temasek (M+S), Khazanah Nasional Owns 60% & Temasek Owns 40% Singapore $940 Billion Sovereign Wealth Fund GIC to Sell $2 Billion Private Credit Assets with United States Investment Bank Evercore Appointed as Advisor China to Allow 26 Financial Institutions to Transact International Digital CNY via China 24-Hour Cross-Border Payment Platform Cross-border e-CNY Transfer Services (CBETS) France $1.4 Trillion Asset Manager Natixis Investment Managers Affiliate United States $12 Billion Private Markets Investment Manager Flexstone Partners Buys United States $3.4 Billion Private Equity Secondaries Manager Glouston Capital Partners, Combined Platform to Manage $15 Billion AUM in Primary, Co-Investment & Secondary Strategies, Glouston Capital Partners Founded in 1994 as Permal Capital Management & Rebranded to Glouston Capital Partners in 2002 as Standalone Firm, Flexstone Partners Founded in 2019 via Merger of 3 Private Equity Firms (Euro Private Equity, Caspian Private Equity & Eagle Asia Partners) Latest Latest United States $60 Billion Infrastructure Investment Manager I Squared Capital & U.S. International Development Finance Corporation (DFC) to Launch $3 Billion Critical Energy Infrastructure Investment Platform in South & Southeast Asia to Strengthen Energy Connectivity Between United States & Indo-Pacific Region, I Squared Capital to Invest $1.5 Billion & U.S. International Development Finance Corporation to Invest $1.5 Billion Billionaire & Chairman of South Korea 2nd Largest Conglomerate SK Group Anthony Chey Tae-won (Age 65) & ex-Wife Roh Soh-yeong Failed to Reach Mediation Agreement in $1 Billion Divorce Settlement, Married in 1998 & Divorced in 2022, Anthony Chey Tae-won Ordered by South Korea Court in 2024 to Pay $1 Billion in Divorce Settlement to ex-Wife Roh Soh-yeong Who is Daughter of ex-South Korea President Roh Tae-woo, Anthony Chey Tae-won Admitted to Having a Mistress & Daughter Outside Marriage in 2015, Anthony Chey Tae-won Owns 17.7% of SK Inc & Has Personal Fortune of $3 Billion,  SK Group (Sunkyong Group) Founded in 1953 by Anthony Chey Tae-won Uncle Chey Jong-gun United States $55 Billion Infrastructure Investment Manager I Squared Capital Raised $10 Billion for 4th Flagship Infrastructure Investment Fund with Target $15 Billion Fund Size, Raised $3 Billion for 1st Fund (ISQ Global Infrastructure Fund LP) in 2015, Raised $7 Billion for 2nd Fund (ISQ Global Infrastructure Fund II) & Raised $15 Billion for 3rd Fund (ISQ Global Infrastructure Fund III), Founded in 2012 by ex-Morgan Stanley Senior Executives Sadek Wahba (CEO of Morgan Stanley Infrastructure), Gautam Bhandari (Morgan Stanley) & Adil Rahmathulla (Morgan Stanley) United States $95 Billion Commission-Free Brokerage Robinhood to Cut 300 Jobs Representing 10% of Global 2,958 Workforce, Current Market Value at $10 Billion, Share Price -8.7% YTD, +40.1% Last 12 Months & +199.3% Last 5 Years Singapore MAS Announced Revised Code on Take-overs and Mergers (Effective 16/7/26), Key Changes Include 1) Limiting Total Deal Break Fees to 1% of Value Payable by Offeror, 2) Approval Meeting Held Within 6 Months of Announcement, 3) Takes All Necessary Steps Without Delay Once Shareholders Approve Deal, 4) Offeror Who Issues No Increase or Extension Statement Cannot Make New Offer to Increase or Extend Offer Until A) 3 Months after Close or Lapse of Original Offer or B) End of Competing Offer Period, 5) Official Offer Price Must be Not Less than Prior Indicated Offer Price, 6) In Prolonged Cases – Possible 28-Day Deadline for Offeror to Either Announce Firm Offer or Confirm Not to Proceed Canada Insurer Manulife Cancels Leverage for Insurance Product for Wealthy Clients in Hong Kong, Allowed Clients to Buy $80 Million Insurance Policy with 10% Return Using 4x Leverage with Only $14.4 Million Initial Investment & Borrowing $56 Million Loan at 3.39% for 5 Years (Marketing Materials) Citigroup Wealth Management ex-Managing Director in United States Files Lawsuit Against Citigroup after Fired for Allegedly Raising Concerns to Citigroup on Opening Account for New Client Reported to be United States President Donald Trump Who Requested to Open Only Numbered Account (Identity Access Restricted), Lawsuit Alleged Deficiencies in Citigroup Risk Management Including Money Laundering & Reputational Risk Hong Kong SFC Starts Legal Proceedings Against Hong Kong Delisted Company Target Insurance (Holdings) ex-Chairman Ng Yu to Buyout Company Shares Held by Public Investors for Alleged Breach of Fiduciary Duties in $19 Million (HKD 150 Million) Funds Misappropriated or Misused after Placement with Hong Kong Brokerage Nerico Brothers Hong Kong Movie Producer & Businessman Raymond Wong Pak Ming Starts 5-Month Jail Term for Insider Trading after Personally Revoked Bail But Will Continue Appeal Process, Hong Kong Court Issued 5-Month Jail Term & $60,500 (HKD 474,025.48) Penalty in Fine & Investigation Costs for Insider Trading by Providing Share Sale Information to His Sister to Trade in Shares of Transmit Entertainment (Previously Pegasus Entertainment), Raymond Wong Pak Ming was Pegasus Chairman & Controlling Shareholder in 2017 & Signed MoU to Sell His Controlling Stake, Received $1.3 Million (HKD 10 Million) Deposit Which He Transferred $255,000 (HKD 2 Million) to His Sister to Buy Shares on Same Day and Subsequently Advised Sister to Buy More Shares to Earn More than $128,000 (HKD 1 Million) Profit Latest Latest