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.

Former Malaysian PM Najib faces six more corruption charges over state funds

A particular focus is how billions of dollars went missing from state fund 1Malaysian Development Berhad (1MDB), founded by Najib in 2009.

CIMB expects more M&As as Malaysia seeks to pare stakes in state firms

Bankers see opportunities in transactions that could emerge from sovereign wealth fund Khazanah Nasional’s portfolio rebalancing, or at other government-linked investment companies.

Maybank appoints two insiders to top jobs at investment banking arm

Malayan Banking Bhd has promoted two insiders to top positions in its investment banking arm Maybank Kim Eng Group.

Axiata’s tower arm in talks for acquisitions over next 12 months

The unit, edotco, recently cancelled a $940-million deal to acquire 13,000 towers from a unit of Pakistan Mobile Communications as regulators failed to provide all approvals for the transaction to go through.

Malaysia’s Sapura to sell 50% stake in upstream business to Austria’s OMV

The proposed deal is based on an enterprise value of $1.6 billion, Sapura said.

Hong Kong’s FWD to buy HSBC stake in Malaysian insurance venture

FWD, owned by tycoon Richard Li, is acquiring the British lender’s 49% stake in HSBC Amanah Takaful (Malaysia) Bhd initially.

Malaysia’s Sapura Energy seeks to raise $974m to boost growth

The group is actively looking to expand in key regions such as the Middle East, Africa, Latin America, Caspian and Mediterranean as well as South East Asia and Australia.

Mubadala offers to sell $150m worth of shares in Malaysia’s RHB Bank

The shares represent approximately 3 percent of RHB’s enlarged share capital.

Malaysia’s AirAsia divests from Expedia JV, last non-core investment

AirAsia Group and Expedia formed the JV, AAE Travel Pte Ltd in 2011, in which Expedia held 75 per cent stake since 2015.

Khazanah’s investment playbook set for overhaul after board revamp

New Prime Minister Mahathir Mohamad is keen to make the fund leaner and use sale proceeds to cut massive debt piled up in the 1MDB scandal.