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.
Etiqa, its insurance unit which operates in Malaysia, Singapore, the Philippines and Indonesia, is said to be worth at least $1 billion.
The sale raises approximately $902 million of cash proceeds and gives AirAsia’s unit, Asia Aviation Capital Ltd, an enterprise value of $2.85 billion.
The project, valued at about $17 billion by analysts, is the biggest undertaken by Malaysia and Singapore in recent years.
Alibaba Cloud plans to make live traffic predictions and recommendations by crunching data gathered from video footage, traffic bureaus, public transportation systems and mapping apps.
Recent media reports said Axiata, which owns 62.4% in edotco, was in talks with potential advisers for a possible $500 million IPO for the tower unit.
The sukuk will be listed on the Singapore Exchange Securities Trading Limited, Labuan International Financial Exchange Inc and Bursa Malaysia.
The planned fund will be one of the largest venture capital funds to be raised in Southeast Asia.
Talks have been underway for more than a year to sell a stake in the leasing unit.
PNB is spearheading the Sime Darby demerger into three separate businesses by the end of this month to unlock value.
KWAP put $30m into Uber last year as its first foreign, disruptive-tech investment.