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.

Frasers Logistics & Industrial Trust’s $683.7m IPO on SGX secures 15 cornerstone investors

It will be the largest REIT listed in Singapore with a pure-play Australian industrial portfolio, with a market capitalisation of approximately S$1.268 billion upon listing.

China: iKang founder, Meinian withdraw take-private bids after Yunfeng Capital’s offer

With Yunfeng Capital likely to be the win the bid for the Nasdaq-listed iKang, the latter may see itself be merged into Alibaba Healthcare.

China’s Social Security Fund scores 15.2% investment return in 2015

Until end-2015, the fund had secured a cumulative investment revenue of RMB790.7 billion, boosting its total AUM to a fresh high of RMB1.91 trillion. The latest returns show that the fund had almost doubled its average annualised return of 8.82 per cent since it was established in 2000, compared to a 2.35 inflation rate during the past 15 years.

Malaysia’s MaGIC to look beyond tech, to back innovative ideas in other verticals

“It’s not so much about whether you are a tech company or a non-tech company, but what is it that you are trying to solve in the market,” MaGIC CEO said.

Singapore: Capital City to assume Catalist status via RTO of Terratech

“By conducting this proposed RTO exercise, Capital City aims to raise its profile as a uniquely transformative developer in an international capital market like Singapore, and at the same time, build synergies with Terratech’s existing marble business,” the filing said.

Malaysia: Navis exploring sale of automotive business WorldMark

In March, WorldMark offloaded its consulting business, Sewells Group, to MSX International. The restructure is said to attract trade buyers for the business.

Malaysia: Navis Capital picks controlling stake in footwear leather co ISA

ISA’s customers include global casual and outdoor footwear brands such as Timberland, Clarks and Wolverine. It is also increasingly penetrating the military and “Made in USA” markets in North America.

Exclusive: KFit expands categories, taking heed from customers

When investors asked KFit what is the risk of branching out into more categories, Neoh responded that it was more a case of “what is the risk of not doing it; of not being relevant to our customers”.

Malaysia’s Ebizu raises $3m from Singaporean investors

The company has been aggressively enhancing its solution, as well as expanding its beacon and retailer network in the past five months.

Despite unfamiliarity with angel investing in Malaysia, most angels achieve investment goals: Survey

While the angel investment industry is fairly in its infancy in Malaysia and a lot more data need to be culled, the initial numbers are looking promising.