Search Results for:Liz Lee

Liz is the Malaysian correspondent for DEALSTREETASIA. She tracks the growing appetite for private equity and venture capital in Malaysia while also keeping tabs on corporate developments.

She hopped on board in October 2014, after three years in the business desk of the leading local English daily where she developed her financial reporting skills.

She remains fascinated with the movement of capital and the socioeconomic effects it leaves in its trail.

Liz graduated from Universiti Tunku Abdul Rahman, with a BA (Hons) in English Language. She lives about five heartbeats away from the heart of Kuala Lumpur.

AirAsia shares tumble as probe threatens plans for India unit’s IPO

The flamboyant CEO, who co-founded AirAsia in 2001 with two aircraft, announced plans for an IPO for the India unit in January.

Malaysian poultry business Leong Hup eyes $600m listing by year-end

The company is majority owned by the founding Lau family. Private equity firm Affinity Equity Partners has owned a 23% stake in the business since 2014.

Former Malaysia govt used money raised from Khazanah to pay 1MDB dues

Khazanah paid the government 1.2 billion ringgit ($301.05 million) in mid-2017 in exchange for redeemable shares owned by the finance ministry. These funds were used to pay some of 1MDB’s dues to Abu Dhabi fund IPIC.

Malaysia’s largest fast-food operator QSR Brands mulls $500m IPO

The listing would be the largest IPO in Malaysia since Lotte Chemical Titan’s $878-million listing last year.

Malaysia’s Maybank said to be preparing insurance unit spinoff

Etiqa, its insurance unit which operates in Malaysia, Singapore, the Philippines and Indonesia, is said to be worth at least $1 billion.

Malaysia’s AirAsia sells aircraft leasing unit for $1.2b

The sale raises approximately $902 million of cash proceeds and gives AirAsia’s unit, Asia Aviation Capital Ltd, an enterprise value of $2.85 billion.

Malaysia’s George Kent joins European consortium in bid for KL-Singapore rail link

The project, valued at about $17 billion by analysts, is the biggest undertaken by Malaysia and Singapore in recent years.

Alibaba to help Kuala Lumpur reduce traffic woes in first foreign project

Alibaba Cloud plans to make live traffic predictions and recommendations by crunching data gathered from video footage, traffic bureaus, public transportation systems and mapping apps.

Malaysia’s edotco eyes SE Asia expansion, possible fundraising

Recent media reports said Axiata, which owns 62.4% in edotco, was in talks with potential advisers for a possible $500 million IPO for the tower unit.

Malaysia state investor Khazanah raises $320.8m in exchangeable sukuk

The sukuk will be listed on the Singapore Exchange Securities Trading Limited, Labuan International Financial Exchange Inc and Bursa Malaysia.