Bankers see opportunities in transactions that could emerge from sovereign wealth fund Khazanah Nasional's portfolio rebalancing, or at other governme
Malayan Banking Bhd has promoted two insiders to top positions in its investment banking arm Maybank Kim Eng Group.
The unit, edotco, recently cancelled a $940-million deal to acquire 13,000 towers from a unit of Pakistan Mobile Communications as regulators failed t
The proposed deal is based on an enterprise value of $1.6 billion, Sapura said.
FWD, owned by tycoon Richard Li, is acquiring the British lender's 49% stake in HSBC Amanah Takaful (Malaysia) Bhd initially.
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
The shares represent approximately 3 percent of RHB's enlarged share capital.
AirAsia Group and Expedia formed the JV, AAE Travel Pte Ltd in 2011, in which Expedia held 75 per cent stake since 2015.
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.
IPOs & Markets
The flamboyant CEO, who co-founded AirAsia in 2001 with two aircraft, announced plans for an IPO for the India unit in January.
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