Search Results for:Elffie Chew

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.


Indonesia: CVC-backed sporting goods retailer MAP Active mulls $300m IPO

The company joins snack producer GarudaFood and toilet brand Toto’s local distributor in planning to raise funds in the equity market.


Malaysia: CIMB’s Nazir said to plan $1b Southeast Asia PE fund

The fund plans to target investments in consumer, tech, logistics and financial services industries.


Malaysian pension giants pursue talks to buy stakes in foreign-owned insurers

Employees Provident Fund and KWAP have requested central bank approval to start deal negotiations with potential targets.


Malaysia: Axiata unit close to acquiring Veon Towers in $1b deal

The acquisition will make Edotco the biggest independent telecoms tower operator in the South Asian nation.


Malaysia’s AmBank, RHB Bank plan to scrap proposed merger

A merger would have offered ANZ an opportunity to sell its 24% stake in AMMB.