Search Results for:Ka Kay Lum

Singapore’s Sea mulls roping in external investor to fund e-commerce unit

Opening its e-commerce arm Shopee to external investment has been something the company has been thinking about, chief strategy officer Alan Hellawell said, while acknowledging that the group felt that the business has been undervalued by the market.


MY Digest: FGV group CEO resigns; Easy Pay Transfers snags $500K

Bursa-listed global plantation company Felda Global Ventures Holdings Bhd (FGV) announced the resignation of its group president and CEO, Zakaria Arshad, effective September 18.


Asia PE-VC Summit 2018: Indochina is attractive but a long-term play

Indochina – which comprises Cambodia, Laos, Myanmar, Vietnam and Thailand – is fast catching investor interest even though the return timeline appears to be long drawn.


China’s Hillhouse raises $10.6b for Asia’s largest private equity fund

The fund surpasses KKR’s $9.3-billion third Asia-focused fund raised last year.


Australia: Bain-led consortium walks away from $576m bid for haircare firm BWX

According to BWX, the Bain-led consortium had failed to submit a binding proposal.


Axiata arm edotco ends deals to buy tower assets from Pakistan Mobile

The transaction was terminated due to the non-fulfillment of certain conditions.


SG’s Ascott injects $26m into Indonesia’s TAUZIA for 70% stake

The investment in TAUZIA, one of Indonesia’s top five hotel operators, will add close to 20,000 units spanning 122 hotels across Indonesia, Malaysia and Vietnam to Ascott’s portfolio.


China’s Geely wraps up Saxo Bank deal, names new chairman and board members

Chinese carmaker Zhejiang Geely Holding Group and Sampo plc of Finland have received regulatory approvals to acquire a controlling interest in Denmark’s Saxo Bank.


SG: Surbana Jurong sets up $500m urban development fund with Mistubishi

Surbana Jurong and Mitsubishi will each contribute up to $250 million to seed the fund which will invest in urban development projects in emerging Asia, primarily in Myanmar, Vietnam, the Philippines, Indonesia, India and Sri Lanka.


Exclusive: CVC Capital Partners to hit first close for fifth Asia fund by Q1 2019

CVC Capital is looking to deploy $1 billion every year from the fifth fund.