Malaysia: Fintech firm Soft Space bags $5m from Japan’s Transcosmos Inc


In January Soft Space partnered Japan’s Sumitomo Mitsui Card Company (SMCC) to offer payment solutions in SEA and Japan

Navis Capital to divest stake in Australia’s Retail Apparel Group for $225m

Navis had acquired a majority interest in RAG in May 2011

Malaysia: Axiata leads $23m Series B in Australia’s adtech startup Unlockd

Axiata to help accelerate Unlockd’s entry into Asia.

MY: Malaysia VC,PE association joins Asean Venture Council

The council now consists of Singapore, Indonesia, Thailand and Malaysia.

Chinese carmaker Geely to acquire 50% in Malaysia’s Proton

It beat rival bidder PSA Group.

Malaysia’s Lotte Chemical sets ceiling price for $1.4b IPO

The listing could be one of the biggest IPOs in years in Malaysia

Digest: Malaysia’s MyClear, MEPS merge; OCBC sets up arm in Indonesia

PayNet will be the operator of shared payments infrastructures for the nation

People: 1MDB-hit Falcon private bank head quits; Christie’s gets Chairman for Asia

Sources say, the bank does not expect any other top level changes

MY: US asset manager Globe Ventures to invest in Port Dickson mix development

Development will be a mixed high-end properties that consists of residential, resorts and hotels

Malaysia: Cradle revamps funding programme, unveils new pre-seed product

Cradle is transforming itself into a full-fledged VC.