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

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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.