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MY: Icon Offshore, UMW O&G may merge, trading in shares suspended

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A downturn in the Oil and Gas industry has led to the ideas about consolidation and this year the consolidations could finally take place.

MY: Axiata, edotco ink pact on $600m deal with Khazanah, INCJ

This is the first time Axiata has diluted its stake in edotco.


Malaysia’s Felda may sell share holdings, London hotels

Felda Investment Corp has also acquired and invested in properties abroad.


Buffett’s Berkshire Hathaway wins reinsurance licence in Malaysia

Warren Buffett’s Berkshire Hathaway Specialty Insurance Company (BHSI) has secured a a license from Malaysia’s “midshore” financial center Labuan IBFC’s regulator Labuan FSA, to provide non-life reinsurance to the Malaysian market.


Malaysian events firm E-Plus starts trading on Australian bourse

Malaysia based events management company E-Plus Ltd that listed at the National Stock Exchange of Australia with a market capitalisation of about $9 million, started trading on the exchange on Monday.


TinkBig to launch $30m fund by year-end, 10pc for IoT Smart Homes firms

General ticket sizes will be between 500k-3 million RM for this new fund


Samurai 2K Aerosol’s placement for SGX IPO fully subscribed

Malaysia’s Samurai 2K Aerosol that had announced its listing on the Singapore stock exchange earlier this week, has said that its placement for 20 million shares of 20 Singapore cent each has been been fully subscribed.


Malaysia: Restaurant chain PappaRich said to be mulling Singapore IPO

PappaRich Malaysia Sdn., a food chain selling local cuisine from nasi lemak to curry laksa noodles, is considering a Singapore initial public offering, people with knowledge of the matter said. The company, which opened its first restaurant in Malaysia in 2006, is targeting to achieve a valuation of at least S$200… Read more »


Malaysia launches five-year Islamic Fund & Wealth Management blueprint

Malaysia has launched a five-year Islamic Fund and Wealth Management Blueprint in a bid to position itself as global hub for Islamic funds, taking advantage of the rising affluence in Asia-Pacific and emerging Muslim economies.


Malaysia to see IPO comeback with $1.56b targeted to be raised in 2017

Listings in Bursa Malaysia raised only $230 million last year.