It is in advanced talks to sell a portion of its 40% Weststar holding to the company’s controlling shareholder, Malaysian businessman Syed Azman Sye
Potential investors could include buyout firms and regional healthcare companies.
AirAsia is talking to potential partners to build an e-commerce app offering lifestyle goods and services that it wants to see overtake its airline bu
IPOs & Markets
Softex has met potential advisers for a share sale in Indonesia that could happen this year.
DXN shareholders, including PE firm KV Asia Capital, are working with an adviser on the proposed deal.
The Kuala Lumpur-based company, that has hired advisers for the planned share sale, is considering seeking a valuation of as much as 1 billion ringgit
The proposed transaction will form an entity with sales of about $13 billion and earnings of about $5.5 billion.
GLP may seek to value the operations at more than $20 billion.
FGV and Lembaga Tabung Haji are working with an adviser to gauge interest in Trurich Resources, which controls oil palm estates in Kalimantan.
Amman Mineral would be joining companies such as Lion Air, pharma firm PT Soho Global Health and PT Bank DKI in seeking a listing in Jakarta this year
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