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.

MY Dealbook: BookDoc partners SOCSO, Netccentric ties up with Flexiroam

BookDoc will have access to all Malaysians, as well as the healthcare screening services, accident and emergency departments, and panel hospitals registered under SOCSO.

Malaysia records robust M&A activity in H1 2016 with $9.2b worth of deals

A total of 222 deals done involving M&A, PE/VC and IPOs worth $9.4 billion were done in H1 2016, compared with 360 deals worth $9.7 billion done for the full year 2015.

Navis tests buyer interest for Retail Apparel Group, ahead of IPO next year

The move follows major global retailer expressing interested in buying the owner of smart casual brands like Tarocash, yd and Connor earlier this year, alongside another strategic suitor.

CVC Capital makes $900m buyout offer for Malaysia-based Nirvana Asia

The Hong Kong-listed Nirvana is Asia’s largest funeral-services provider by revenue, with operations largely in Malaysia and Singapore. In December 2014, the Kuala Lumpur-based company listed on the Hong Kong Stock Exchange at HK$3.00, raising an estimated $250 million.

Australia’s Airwallex raises $3m pre-Series A led by Gobi Partners

The Melbourne-based startup plans to use the funds raised to further develop its proprietary technology stack and roll out key features over the next few months, including a multi-currency digital wallet and APIs for e-commerce platforms.

Global VC deals touch $40b with China on verge of overtaking N America: Preqin

North America saw the most VC deal activity in Q2, with 900 deals worth $18 billion. Greater China accounted for the second largest proportion of aggregate deal value, at $17 billion, and was the location of seven of the 10 largest deals in the period.

Singapore: Temasek-owned Accuron picks majority in Aurum Healthcare

This is the sixth medtech-related deal Accuron Medtech Group, a division within Accuron Technologies, has made in the last two and a half years.

StanChart PE picks major stake in Singapore homegrown food biz Phoon Huat

SCPE will be partnering with existing shareholders to steer the business through its next phase of growth, and provide strategic input into the company’s business planning.

Apac energy asset sales to jump in next 12 months: Eversheds, Mergermarket

Among the oil and gas sub-sectors, exploration and production assets accounted for almost half of asset sales by value and 42 per cent by volume between 2014 and Q1 2016.

MY Dealbook: Maxis plans $2.5b sukuk, IDB to float bonds worth $86.6m

Maxis Broadband will use the proceeds to finance the settlement of acquisitions of target companies – Maxis Mobile Sdn Bhd and Maxis Mobile Services Sdn Bhd.