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.

Eco World International forges ahead with $650m IPO, unspooked by Brexit

Eco World International Bhd (EWI), which develops properties primarily in the UK and Australia, said Brexit will not affect its upcoming initial public offer (IPO) exercise. EWI president and chief executive officer Teow Leong Seng commented that the the outcome of the Brexit vote was not what the company expected, but… Read more »

MY Deabook: NetX-Blackrockme pact, AirAsia-T&Co deal, AMMB exits AmTrustee

MY Deabook: NetX-Blackrockme pact, AirAsia-T&Co deal, AMMB exits AmTrustee

Govt approves $82.25m additional funding for Sapangar Bay port expansion

An amount of MYR800 million ($197.28 million) had earlier been allocated under the Eleventh Malaysia Plan, to be staggered over a two year period from 2016 to 2017.

TH Real Estate, Gaw Capital team up for $1.2b retail-focussed China fund

This is TH Real Estate’s first China-focused private equity real estate fund for retail investments, and Gaw Capital will be the co-capital sponsor for the vehicle.

Maybank in $219m shariah-compliant financing deal for NY property project

Malayan Banking Bhd (Maybank) has jointly led a consortium of lenders to provide the first syndicated shariah-compliant construction financing totalling $219 million for the development of a luxury residential tower in Manhattan, New York.

IPOs drive PE exit value in emerging markets up 70% from 2013 to 2015

Initial public offering (IPOs) have been the most common exit route for buyout deals since 2009, followed by trade sales and then sales to GPs.

Fundnel partners BANSEA ONE to grow angel investments in Singapore

The partnership pools together resources to boost deal flow and investment opportunities on Fundnel’s platform, and allows creation of synergies across the startup value chain.

Emerging markets PE managers’ assets touch record high of $300b at Sept’15

Buyout remains an important strategy among EM-focused fund managers, even as venture capital and growth funds have together raised 55 per cent of EM-focused capital since 2008.

Malaysia: ECF players, Quest Ventures now co-investors with Cradle Fund

Quest Ventures, and ECF operators – Crowdo,, PitchIn, FundedByMe and ATA Plus – make up the new group of co-investment partners with Cradle.

Malaysia’s Petronas said to partner Aramco for refinery plans

Sources quoted said the preliminary plan shows that the cost of the refinery and steam cracker plant is likely to be in the region of $12 billion.