AirAsia

AirAsia suspends plan to venture into Vietnam

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AirAsia has ended an agreement with Gumin Company Ltd and Hai Au Aviation to set up a low-cost carrier.

Creador hikes stake in India’s PC Jeweller by picking shares worth $24m

The Malaysia-headquartered fund has raised its stake in PC Jeweller Ltd to 8.6% from 4.76% earlier.


AirAsia gets shareholder nod to sell plane portfolio to Castlelake

AirAsia has been on a quest to actively expand its digital businesses in order to become an asset-light company.


Malaysia appoints seven new members to VC & PE development council

Ekuinas CEO Syed Yasir Arafat Syed Abd Kadir and Vynn Capital co-founder Victor Chua are among the newly-appointed members of the council.


RHL Ventures launches $24m fund to back Malaysian startups, SMEs

The fund is anchored by SME Corp. Malaysia, a government agency under the Ministry of Entrepreneur Development.


Why are early-stage investments abysmally low in Malaysia?

MY Security Commission 2018 annual report says investments in startups comprised only 0.8 per cent of the total funding.


Malaysian logistics startup TheLorry snags strategic investment from Unilever

The deal will also connect TheLorry to Unilever’s supply chain operations.


Frasers-backed Hektar REIT looks to double asset value to $580m by 2026

Singapore-based Frasers Property holds a 31.15 per cent stake in the REIT via its SGX-listed retail REIT Frasers Centrepoint Trust.


Malaysia’s Petronas acquires SG-based solar firm Amplus Energy

Amplus Energy is Petronas’ first international solar venture. Petronas didn’t disclose financial terms of the deal, which sees it acquire 100% of the firm.


People Digest: State Street names global biz head; Eastspring Malaysia unit appoints CEO

State Street has hired former Citigroup Asia CEO to head its international business.