Search Results for:Liz Lee
Liz is the Malaysian correspondent for DEALSTREETASIA. She tracks the growing appetite for private equity and venture capital in Malaysia while also keeping tabs on corporate developments.
She hopped on board in October 2014, after three years in the business desk of the leading local English daily where she developed her financial reporting skills.
She remains fascinated with the movement of capital and the socioeconomic effects it leaves in its trail.
Liz graduated from Universiti Tunku Abdul Rahman, with a BA (Hons) in English Language. She lives about five heartbeats away from the heart of Kuala Lumpur.
Malaysian offshore drilling services company UMW Oil & Gas Corp Bhd (UMW-OG) said it would buy Icon Offshore Berhad in a deal that values theoffshore support vessel provider at 588.6 million ringgit ($132 million). UMW-OG will first acquire government-linked private equity firm Ekuiti Nasional Berhad’s (Ekuinas) indirect stake of 42.3… Read more »
Fundraising via IPOs in Singapore hit $1.7b last year, up fivefold from 2015
Malaysian engineering group Serba Dinamik Holdings Bhd is looking to raise 584 million ringgit ($130.29 million) in an IPO on the domestic stock exchange in February, its CEO said, in what would be the country’s biggest listing in 19 months. The company will offer 389.4 million shares in the IPO… Read more »
Malaysian conglomerate Sime Darby Berhad could list its plantation business – the world’s largest palm oil planter by land size – as it looks to monetise assets, its chief executive said on Friday. The company said earlier this month it had explored potential asset listings and asset monetisation and that… Read more »
Asia’s biggest low-cost airline AirAsia Bhd plans an initial public offering of a holding company that will house all its ASEAN operations, group CEO Tony Fernandes said on Thursday. ASEAN Holding Co will be listed in Hong Kong, Fernandes said in a statement without giving a timeline. AirAsia will also… Read more »
QSR is owned by private equity firm CVC Capital Partners Ltd, Malaysia’s largest pension fund – the Employees Provident Fund, and the investment arm of Malaysia’s Johor state, Johor Corp. The consortium took QSR private in 2013.
Malaysian conglomerate DRB-Hicom is looking at five proposals from foreign bidders for a stake sale in car maker Proton, but would continue to have a “substantial” holding.
Malaysia’s $30-billion pension fund, Kumpulan Wang Persaraan (KWAP), is looking to pump in more money into technology firms, following its recent foray into the sector with an investment in what sources have identified as ride-sharing service Uber. KWAP, Malaysia’s second biggest pension fund with 123 billion ringgit ($29.74 billion) of… Read more »
The combined platform will allow entrepreneurs access to the resources they need from team matching algorithms, to community discussion boards and a variety of certificate courses around how to create and scale businesses.
This acquisition is Ekuinas’ first investment for 2016 and in the sports retail segment. Plans are afoot for Al-Ikhsan to roll out new megastores, some premium specialty stores, and go regional into Indonesia and Thailand within the next three to five years.