Ka Kay Lum

Correspondent, Malaysia
Email: kakay@dealstreetasia.com

Singapore’s CapitaLand forms JV to acquire Shanghai building for $400m

With this latest acquisition, CapitaLand now owns and manages 21 commercial properties in Shanghai.

Law firms vs digital disruption: the emergence of legaltech in SEA

With technology disrupting all walks of life, the legal industry, too, is seeing a growing demand for legaltech and regtech to increase efficiency and lower operational costs.

Korea Post arm to commit $50m to Adams Street’s VC fund: Report

The $112-billion Korea Post intends to invest more than half of its commitments in startups via FoFs.

Malaysia’s Kumoten snags pre-Series A round led by Cradle Fund

The round was also joined by seed investor Commerce.Asia.

Creador-backed Malaysian retailer Mr. D.I.Y. exploring $362m IPO

The Creador-backed firm is considering to list the business in either Malaysia or Hong Kong, and the IPO could happen by the fourth quarter of this year.

Private equity in Southeast Asia ready for the next phase of growth

Could 2019 mark the coming of age of PE in SE Asia? We ask industry insiders and look at top fundraisings and deals in 2018.

Vertex Ventures, UK-based S4 pick up stake in Reebonz Holding

Vertex Ventures has acquired $5 million worth of common shares of Reebonz Holding Limited (RBZ), the entity created after the merger of Singapore’s Reebonz with US-based DOTA.

MY Dealbook: REV Asia picks stake in local news site; Rubberex sells Chinese manufacturing ops

REV Asia has in its existing portfolio online brands such as SAYS, OhBulan!, RojakLah, Viral Cham, 8coin, Sirap Limau, MyResipi, Kongsi Resepi, JUICE, and Mashable Southeast Asia.

China’s CITIC announces restructuring of special steel business

Upon completion of the deal, CITIC is expected to hold 83.52 per cent of the enlarged Daye Special Steel.

Malaysian PE firm Ekuinas launches fourth fund at $240m

The establishment of the new fund brings the firm’s funds under management to RM4.1 billion ($990 million).