Search Results for:Joyce Koh

IFC seeks potential buyer for its stake in $4b Vietnam Bank

IFC, which invested in the bank in 2011, is working with an adviser on the potential sale of its 8 percent stake.


ANZ Bank said to hire Morgan Stanley to sell stake in Indonesia’s PaninBank

The Australian lender has made attempts to offload the stake at least since 2013, when new regulations made it more expensive to hold minority overseas investments.


KKR said to sell Singapore’s MMI Holdings, its oldest Asian investment, for $645m

The buyout firm will generate a return of about 1.6 times its initial investment in MMI.


Singtel taps Bank of America to assess potential bid for Australia’s Amaysim

A deal for Amaysim, which leases the wireless network owned by the Singapore carrier’s local subsidiary, would give Singtel access to the operator’s more than 1.1 million mobile subscribers.


Asian tycoons mull bids for LafargeHolcim’s Indonesia arm valued at up to $2b

Malaysia’s YTL Corp. and PT Semen Indonesia are among suitors weighing bids.


Morgan Stanley intern rises to senior Southeast Asia role in 7 years

The U.S. firm has appointed Jannie Tsuei, who started as an intern in New York in 2011, as chief operating officer for Southeast Asia investment banking.


Morgan Stanley intern nabs senior SE Asia role in seven years

The U.S. firm has appointed Jannie Tsuei, who started as an intern in New York in 2011, as chief operating officer for Southeast Asia investment banking.


Singapore’s Sembcorp, Malaysia’s YTL said to be eyeing $1.1b Hyflux plant

Saddled with S$2.95 billion of liabilities, Hyflux started a court-supervised reorganization process in May and obtained a six-month debt moratorium in the latest casualty among overstretched Singapore companies.


HK billionaire Li’s FWD Group mulls Singapore dual-class IPO

A Singapore listing of FWD, which manages more than $26.6 billion of assets, would be a coup for the SE Asian exchange.


KBS Realty said to consider $1b REIT listing in Singapore

KBS, which partnered Keppel Corp.’s asset management arm on a Singapore listing last year, is in talks with firms based in the city-state to find possible co-sponsors for a second REIT.