Earlier this month, DealStreetAsia had reported CPPIB's interest in acquiring a stake in LMS.
Launched in November 2018, the corpus is already half-deployed across eight companies in Southeast Asia.
The proposed divestment will enable Prince Court Medical Centre to integrate into IHH's Malaysian operations and its broader global network.
Naluri is also in the midst of expanding its operations to Indonesia, Singapore and the Philippines.
For the first six months of 2019, Grab’s payment business has grown by 100 per cent.
The vehicle, Actis Long Life Infrastructure Fund, has hit its final close at $1.23 billion in August.
The private equity firm is said to be raising up to $6 billion for its seventh Asia-focused fund.
Policy & Regulations
The startup is working with government authorities to offer 'trial services' in select places in Kuala Lumpur.
The firm's Asia Pacific team is currently raising two funds simultaneously.
For 1H2019, foreign investments in the services, manufacturing and primary sectors increased by 97.2 per cent.
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