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.

Malaysia’s Sime Darby says could list its plantations division

Malaysian conglomerate Sime Darby Berhad could list its plantation business – the world’s largest palm oil planter by land size – as it looks to monetise assets, its chief executive said on Friday. The company said earlier this month it had explored potential asset listings and asset monetisation and that… Read more »

Malaysia’s AirAsia plans IPO of ASEAN airline holding company

Asia’s biggest low-cost airline AirAsia Bhd plans an initial public offering of a holding company that will house all its ASEAN operations, group CEO Tony Fernandes said on Thursday. ASEAN Holding Co will be listed in Hong Kong, Fernandes said in a statement without giving a timeline. AirAsia will also… Read more »

Malaysian fast food operator QSR Brands taps banks for $500m IPO

QSR is owned by private equity firm CVC Capital Partners Ltd, Malaysia’s largest pension fund – the Employees Provident Fund, and the investment arm of Malaysia’s Johor state, Johor Corp. The consortium took QSR private in 2013.

Malaysia’s Proton owner says looking at 5 proposals for stake sale

Malaysian conglomerate DRB-Hicom is looking at five proposals from foreign bidders for a stake sale in car maker Proton, but would continue to have a “substantial” holding.

Malaysian pension fund eyes more tech investments after Uber

Malaysia’s $30-billion pension fund, Kumpulan Wang Persaraan (KWAP), is looking to pump in more money into technology firms, following its recent foray into the sector with an investment in what sources have identified as ride-sharing service Uber. KWAP, Malaysia’s second biggest pension fund with 123 billion ringgit ($29.74 billion) of… Read more »

NY’s Onevest acquires FounderDating, to merge with CoFoundersLab’s platform

The combined platform will allow entrepreneurs access to the resources they need from team matching algorithms, to community discussion boards and a variety of certificate courses around how to create and scale businesses.

Malaysia: Ekuinas acquires 35% in sportswear firm Al-Ikhsan for $16.9m

This acquisition is Ekuinas’ first investment for 2016 and in the sports retail segment. Plans are afoot for Al-Ikhsan to roll out new megastores, some premium specialty stores, and go regional into Indonesia and Thailand within the next three to five years.

HK: Goxip set for second round funding, to build marketplace, enter new market

“Our next phase is to develop a marketplace and execute that in the next two months, or less. We are looking to partner with local designers and retailers as well,” Gimenez said.

Malaysia: RHB Asset Management partners Neuberger Berman for PE fund

The fund will leverage on Neuberger Berman Private Equity’s global platform to the selected best private equity strategies, including direct equity, direct private debt, opportunistic secondaries and specialty strategies.

Singapore media platform e27 seals $2.2m Series A, to explore China tie-ups

e27 will leverage the new strategic connections to benefit SEA entrepreneurs, whether for entering new markets, receiving funding, or exploring strategic partnerships with China.