Southeast Asia

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 »

PE activity in SE Asia picks up in Q3 thanks to Grab, Go-Jek

Southeast Asia witnessed a pick up in private equity (PE) investments in the third quarter of 2016 at $1.72 billion spent across 30 deals, a positive news when compared to a muted first half of year, largely driven by fundraising by two ride hailing applications– GrabTaxi and Go-Jek.

KKR said to hire Northstar’s Shastry as Southeast Asia head

KKR & Co. is appointing Ashish Shastry from Northstar Group as head of Southeast Asia, in the firm’s most senior hiring in the region since 2014, according to a person with knowledge of the matter. Shastry has been Southeast Asia head for Northstar, a firm backed by TPG Capital. He’ll… Read more »

Uber said to plan boosting resources for Southeast Asia, India

The world’s most valuable startup competes with Singapore-based Grab for ride-hailing customers in Southeast Asia, a region that also includes Malaysia and Vietnam, while also tackling Go-Jek in Indonesia and going head-to-head with Ola in India.