Ka Kay Lum

Correspondent, Malaysia
Email: kakay@dealstreetasia.com

Frasers-backed Hektar REIT looks to double asset value to $580m by 2026

Singapore-based Frasers Property holds a 31.15 per cent stake in the REIT via its SGX-listed retail REIT Frasers Centrepoint Trust.

Malaysia: Cradle Seed Ventures’ Dzuleira joins MaGIC as CEO

Cradle Fund’s current chief investment officer Juliana Jan will be the acting CEO for CSV.

Bumpy ride ahead for industry as Malaysia looks set to introduce new e-hailing regulations

E-hailing operators and drivers say the new regulations will adversely affect them, while taxi companies have asked the government to stick to timeline.

SBIF, COPE Private Equity invest $14.25m in Malaysia-based MDT Innovations

The investment was made out of COPE Private Equity’s fourth fund.

CVC Capital-backed Malaysian restaurant operator QSR to delay IPO

It may take at least another six months for QSR to go public.

Singapore’s data centre startup AirTrunk raises $332m debt financing

The debt financing was undertaken with three global financial institutions, Deutsche Bank, Goldman Sachs and Natixis.

Malaysia government to impose 6% digital service tax on foreign firms

The government says the digital tax will provide a level playing field to local and foreign companies and online and offline service providers.

Ontario Teachers’ Pension Plan to set up more offices in Asia: Report

The fund currently only has one office in Asia in Hong Kong, which was opened in 2013.

MY Digest: Bank Pembangunan appoints group CEO; EPF signs UNPRI

Bank Pembangunan Malaysia Bhd has appointed Arshad Mohamed Ismail as its president and group CEO.

Malaysia-based iflix snags funding from Japanese conglomerate

The deal marks Yoshimoto Group’s first overseas investment in a media company.