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.

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.

Market to remain challenging in 2H: Bursa Malaysia

On listings on Bursa Malaysia, Atan noted that the sizes of the exercises were smaller than a year ago as there were no mega listings in the first half.

APAC records $50.5b cross-border deals in 2Q16, largely aimed at EU: Baker McKenzie

Within the region, Chinese bidders remain the driver of deals, with $40.7 billion worth of outbound deals. China’s 97 outbound deals in Q2 were worth $40.7 billion, which is 23 per cent and 132 per cent higher than the same period in 2015.

Singapore: Crowdo gets MAS licence for P2P lending, equity crowdfunding

The licence makes Crowdo the first and only regional operator that can undertake licensed P2P in Southeast Asia. It is also the first among such players to have multi-jurisdiction licensing in the region.

Australia: Frontier Digital Ventures to raise $18.7m in ASX IPO

Frontier Digital Ventures invests and an operates online classifieds businesses in frontier markets within Africa, in Pakistan, Sri Lanka and Myanmar. The firm is backed by Catcha Group, which stable of companies include iflix, iCar Asia and Rev Asia.