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