The shareholders of Skylark Co. voted to dismiss its incumbent president, Mr Kiwamu Yokokawa, according to Nikkei. Backed by Nomura Principal Finance Co. and CVC Capital Partners Ltd., Skylark is believed to have recorded a second consecutive year of net losses. (Japan)

Giant Interactive ('Giant'), an online game developer and operator listed on New York Stock Exchange ('NYSE'), announced a share repurchase programme that will entail a capital deployment of US$150 million. It is backed by Standard Chartered Private Equity Limited. (People's Republic of China)

Apax Partners LLC is reportedly in talks to sell a 10% stake to three Asian investors: Government of Singapore Investment Corporation Pte. Ltd.; Australia Government Future Fund and Japanese financial services firm, Takefuji Corp. (Offshore)

Oman Investment Fund and GIC Special Investments Pte. Ltd. have joined DG Zwirn & Co., LP and IDFC Private Equity to provide 7.81 billion rupees (US$185.1 million) to Quippo Telecom Infrastructure Ltd., the telecom towers subsidiary of Quippo Infrastructure Equipment Ltd. (India)

The Securities and Exchange Board of India has reportedly approved the Vistaar Religare Film Fund, which has a capital pool of 2 billion rupees (US$49.6 million). Its manager is Vistaar Religare Capital Advisors Ltd. (India)

Greater Pacific Capital announced its US$32.5 million investment in Azure Knowledge Corporation Pvt. Ltd. ('Azure'). Azure is the largest knowledge process outsourcing company in the state of Gujarat. (India)

New Vernon Capital LLC, Fidelity Investments and Credit Suisse have subscribed to Dynamatic Technologies Ltd.'s ('Dynamatic') shares for an aggregate 745.34 million rupees (US$17.7 million). Dynamatic is an engineering products company. (India)

W.L. Ross & Co. has reached definitive agreements with existing shareholders of SpiceJet Ltd. for a capital injection of US$100 million. SpiceJet's existing investors include Goldman Sachs and the Dubai-based Istithmar World Capital. (India)

Universe Media Holdings ('Universe Media'), which operates more than 75,000 LCD screens on some 500 domestic trains, is reportedly awaiting a 400 million yuan (US$ 58.3 million) capital injection from Goldman Sachs and Legend Capital, according to Reuters. (People's Republic of China)

Orient Home Co. Ltd. ('Orient Home'), a domestic house ware retailer has secured US$63.81 million from ARC Capital Holdings Ltd. The latter is a closed-end investment company managed by ARC Capital Partners Ltd. (People's Republic of China)

Westone Information Industry Inc. ('Westone'), the largest code-based information security device provider in China, made it debut on the Shenzhen Stock Exchange on 11th August. Its share price closed at 26.2 yuan (US$3.81), a 116% jump to its offer price of 12.12 yuan. Westone is backed by Chengdu Sunrising Venture Capital Co., Ltd. (People's Republic of China)

Mr. Henry L. Chen has been appointed as Permira's Head of Greater China. Mr. Chen will be based in Hong Kong, where the firm recently opened an office. (Hong Kong)