Thailand’s VGI acquires 25% in Malaysian OOH firm for $3.2m

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The deal is expected to be completed by February 2018.

Malaysia: Top fund firm PNB eyes more private investments to cut cash pile

PNB is spearheading the Sime Darby demerger into three separate businesses by the end of this month to unlock value.


Catcha-backed auto portal iCar Asia raises $19m in new funds

The current fund raise follows a $17.4m capital raising over a year ago by iCar Asia


Malaysia Digest: Axis-REIT completes $42m placement; Trive, JFNET solar JV

Malaysia Digest: Axis-REIT completes $42m private placement; Trive, JFNET solar JV


Malaysia’s $30b pension fund to allocate more money for foreign deals

KWAP put $30m into Uber last year as its first foreign, disruptive-tech investment.


Malaysia: Digital stock media firm Inmagine Group buys two US companies

Inmagine has acquired filmmaker community platform Story & Heart and online graphics editor Vectr.


Malaysia: CIMB’s Nazir said to plan $1b Southeast Asia PE fund

The fund plans to target investments in consumer, tech, logistics and financial services industries.


Malaysia’s Edra Power hires banks for $1.25b sukuk issue

Edra was formerly owned by state fund 1MDB and was seeking a $1-3 billion IPO.


Bursa-listed GHL acquires 31.16% of Vietnam’s MPOS for $3.3m

The deal will provide GHL with immediate access to the Vietnam market.


Malaysia: Frontier Digital Ventures buys 3 online classified portals from Africa’s Jumia

Jumia’s portals are existing competitors to Frontier’s current investments in Ghana (meQasa), Nigeria (ToLet) and Angola (AngoCasa).