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.

PE firm Creador exits Repco partially

Malaysia-based private equity firm Creador has partially exited from Repco Home Finance, an India-based firm, it had invested in  2013. Creador generated a three-fold return on investment. Creador exited Repco Home Finance through a bulk transaction on the Bombay Stock Exchange, selling 325,000 shares at INR 470 per share. The sale… Read more »

Malaysia’s New ECF : Ambitious & Challenging

Malaysia’s pioneering Equity crowdfunding (ECF) legislation, which is expected to be tabled in the parliament in the near future, will put country much ahead of the Asian financial powerhouse Singapore and sophisticated crowdfunding market of Australia. Hailed as progressive, the legislation will be the first of its kind in south-east… Read more »

TAP-KWAP buys 30% stake in Munchy Group

Tremendous Asia Partners Group (TAP) has partnered with retirement fund KWAP to acquire a 30% stake in Munchy Food Industries Sdn Bhd. The partners ( TAP and KWAP) have  also jointly acquired a 30% stake in the MFI Labuan Ltd. The deal amounts were not disclosed. This new development will… Read more »

Japanese investors big on Indonesia

Indonesia has emerged as the second largest M&A (mergers and acquisitions) market for Japanese investors in South East Asia this year. Japanese investments account for 16.4% of the country’s total foreign direct investment (FDI), in 2014 Global risk solutions provider Kroll notes that Japanese’s investment in Indonesia is 18.3% of… Read more »

Malaysia to be the first to legislate ECF in region

The Securities Commission of Malaysia (SCM) has formulated a progressive equity crowdfunding framework (ECF), a first in the South East Asia. The move has been lauded by the market players as ground-breaking, placing Malaysia far ahead of other countries in the region. Co-Founder and CEO of Crowdonomic Media (CWD) Leo… Read more »

GrabTaxi gets $65m more to take on Uber

Southeast Asia’s leading taxi mobile app, GrabTaxi, has received its  latest round of funding worth $65 million to make deeper inroads into South East Asia. The series C round funding was led by new investor US-based Tiger Global Management, joined by another new investor Hillhouse Capital Management and existing investors GGV… Read more »

Fatfish targets two IPOs in 12 months

Australia Stock Exchange-listed and Singapore based venture accelerator Fatfish Internet Group aims to take two of its associates’ public within the next 12 months. The move follows a similar model to Fatfish itself, which had listed in the Australian Stock Exchange earlier this year. When asked on which exchange the… Read more »

Navis Capital exits Trio for $220-m

Kuala Lumpur-based private equity company Navis Capital Partners has sold its 100% stake in Trio Engineered Products, to Weir group PLC, at an enterprise valuation of $220 million. Trio, which is expected to generate about $120 million in revenues in 2014, is a Chinese-American manufacturer of crushing and separation equipment… Read more »

MaGIC to launch database of startups in Malaysia

The Malaysian Global Innovation & Creativity Centre (MaGIC) is planning to go public with its database collating information of local tartups to facilitate investors and advisors in identifying potential companies. MaGIC intends to go live with the database by the end of 2014. It now has an unpublished database of… Read more »

US, Japan firms sniffing out Malaysian startups

A slew of American and Japanese firms and fund managers are looking to invest in Malaysian startups, an executive in Malaysia’s finance ministry said. Secretary-general of treasury Mohd Irwan Serigar Abdullah said he believes Malaysia’s steady economic growth continues to attract foreign investors and that there’s a developing trend showing… Read more »