By Shiwen Yap
The deal has triggered a mandatory takeover offer for remaining shares in GHL.
China’s Geely and French Groupe PSA are among bidders
FDV will raise its stake in LankaPropertyWeb to 48% from 37% now.
Riverside acquired DCM in 2014, its first and only investment in SEA
This brings aggregate equity funding the company raised to $6m.
Malaysia’s Catcha Group has launched Kuala Lumpur Internet City (KLIC), a hub for digital enterprises that aims to house 1000 Internet-related enterprises.
This is not the first time that AMMB and RHB have considered a merger
Lazada Malaysia CEO Hans-Peter Ressel on growth opportunities.
Malayan Banking Bhd., Southeast Asia’s top arranger of equity fundraising deals, is anticipating transactions in the region to rebound from a five-year low on the back of an improved economic outlook. Share sales and rights offerings are likely to come from industries including power, infrastructure and consumer products, John Chong,… Read more »
Sustaining hope the country can find a partner after at least three previous deals fell through.