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.
Baker & McKenzie noted in a report that Asia Pacific continues to be highest among the regions despite a decline to 41.2 in its IPO index, which has shown a level of stability across the last five years.
The investment into the retail sector is the first for the private equity firm, which has previously focused on the oil & gas sector, engineering and manufacturing companies and a water treatment chemical distributor.
The company has a post-money valuation of MYR1 million, assuming the maximum of MYR300,000 is raised and this is based on the proof of business model, value of the platform and current traction of students.
“ECF will continue to be part of our fund raising platform, and we have started looking at how to raise our next round of funds, to start our new biogas-to-power projects, and also to fund our new business ventures,” Cheah said.
Malaysia: Touristly partners AirAsia’s Tune Hotels to provide holiday planning service to hotel customers
“Our aim is to be an ancillary revenue platform that allows existing players an opportunity to provide additional offerings to their customers with no upfront investment,” Touristly founder Aaron Sarma said.
Malaysia’s KLIA Aeropolis has attracted lot of investor interest while payment company GHL Systems partners the Philippines’ Rizal Commercial Banking Corp to reach merchants. KLIA Aeropolis garners investor interest from GTA, GE and AREA The airport city launched by Malaysia Airports Holdings Bhd (MAHB), KLIA Aeropolis, has attracted investment interest… Read more »
Megaquest is involved in investment holding and operation of number forecast lotteries in Sarawak, under the licence of Sarawak Turf Club.
The second half of the year is looking positive as InvestKL actively talks with Fortune 500 and Forbes 2000 companies which have continued to express interest to invest in Kuala Lumpur.
It also noted that it is not pursuing any new joint venture in China, as it continues to focus on growth in Japan, Asean and India.
Finquest’s platform generates results using machine learning techniques that continuously fine-tune the algorithms. These results are then curated by its team of analysts to generate a short list of potential introductions for its clients.