Malaysia: Actis acquires major stake in GHL Systems with $65.5m deal, Creador exits


The deal has triggered a mandatory takeover offer for remaining shares in GHL.

Malaysia’s DRB-Hicom says detailed evaluation of Proton bids underway

China’s Geely and French Groupe PSA are among bidders

Frontier Digital Ventures to inject cash in Sri Lanka property portal

FDV will raise its stake in LankaPropertyWeb to 48% from 37% now.

Riverside-backed DCM Asia acquires Erapoly, explores more M&As

Riverside acquired DCM in 2014, its first and only investment in SEA

Malaysian fintech Jirnexu closes $4.5M Series A round, kicks off Series B discussions

This brings aggregate equity funding the company raised to $6m.

Catcha Group launches digital hub for internet firms in KL

Malaysia’s Catcha Group has launched Kuala Lumpur Internet City (KLIC), a hub for digital enterprises that aims to house 1000 Internet-related enterprises.

Merger talks between Malaysia lenders AMMB and RHB resurface: Report

This is not the first time that AMMB and RHB have considered a merger

Lazada to focus on winning in existing markets, no deal talks for now

Lazada Malaysia CEO Hans-Peter Ressel on growth opportunities.

Maybank sees Southeast Asia equity deals rising from 2016 low

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 »

Malaysia Petchem JV search continues after Saudis join hub

Sustaining hope the country can find a partner after at least three previous deals fell through.