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Singapore-based firms CapitaLand Investment (CLI) and CBC Group made the two biggest private equity-backed investments in Southeast Asia in Q1, according to EY.
Korean biopharmaceutical firm Celltrion said Thursday its fourth-quarter net income plunged 99.4 percent from a year earlier due to sluggish sales.
Korean biopharmaceutical firm Celltrion said Thursday its fourth-quarter net income plunged 99.4 percent from a year earlier due to sluggish sales.
![[JPM 2024] Celltrion chief vows to set up W100tr fund via IPO - Vimarsana News](https://res.heraldm.com/content/image/2024/01/11/20240111000743_0.jpg?1)
SAN FRANCISCO -- Korean biosimilar giant Celltrion's Founder and Chairman Seo Jung-jin on Wednesday pledged to establish a 100 trillion won ($75 billion) health care fund through the initial public offering of the holding firm of Celltrion Group, as soon as later this year or early 2025. Seo envisions the listing of Celltrion Holdings to harness the generated funds for future initiatives in the biopharmaceutical...
Celltrion has assigned important tasks to Chairman Seo Jung-jin’s younger brother and oldest son, according to industry officials, Wednesday.