Ka Kay Lum
Carimin Petroleum has picked up a 60% stake in oil and gas inspection, repair and maintenance (IRM) service provider Subnautica Sdn Bhd.
The round was joined by Capital Today, Eastern Bell Venture Capital and Longzhu Capital, the investment arm of Chinese unicorn Meituan-Dianping.
PNB recorded a four per cent drop in net income at $4.17 billion amidst a challenging year.
It is unclear if Deliveroo is looking to sell only its SG business or mulling an exit from other Asian markets too.
Gaorong Capital, along with IDG Capital, DST Global founder Yuri Milner and others, participated in the financing round.
A local lawmaker had recently said that Fernandes should be given a shot to revive Malaysia Airlines.
Singapore-based VC firm Rajah Blue Media Holdings has invested in Australian digital marketing startup Adgile Media’s unspecified Series A round.
Amplify Me is in the business of developing e-commerce and technology applications.
Loss-making MAS has been seeking to turn itself around since it was privatised by Khazanah in 2014.
Sig Gases has received a takeover offer from Air Liquide Malaysia while Boustead Projects is jointly developing an aerospace park.