Search Results for:Elffie Chew

Malaysia’s Maxis Communications set to lose $7b in Aircel bankruptcy

The loss from a failed 12-year foray in the Indian wireless market marks Malaysian tycoon T. Ananda Krishnan’s biggest-ever hit on a soured investment.

Malaysian wealth fund Khazanah unit said to be in talks to sell Turkish insurer

The wealth fund expects as much as $300 million from the sale and will invite potential investors later this month.

HNA’s former Singapore partner AEP Investment said to revive IPO plan

AEP Investment Management plans to seek a market value of as much as $459 million and aims to list around the second quarter.

Malaysia’s Sime Darby mulling sale of stake in $1.7b Papua New Guinea arm

The Malaysian palm oil producer is considering selling 25% to 49% of the business.

China’s pharma tycoon said to mull $500m Singapore IPO of clinic arm

A $500 million offering would be the largest IPO in the city-state from a healthcare company in more than five years.

Mubadala explores sale options for its $920m stake in Malaysian lender RHB Bank

Mubadala’s stake is worth about $920 million based on Thursday’s closing price.

Malaysia: Axiata shares climb as carrier said to consider $500m tower IPO

The KL-based company may invite banks to formally pitch for a role on the deal this quarter.

Malaysia’s Samling said to prepare $250m IPO for auto biz

Samling is working with advisers to explore a possible dual listing of the business in Kuala Lumpur and Singapore later this year.

Indonesian Pizza Hut operator Sriboga Raturaya mulls $150m IPO

It will join Hermina Hospital Group and snack maker GarudaFood Group in seeking to sell stock.

Temasek preparing for $1b stake sale of Zuellig Pharma

The stake could draw interest from strategic buyers including Mitsui.