Malaysia’s EPF sells London office property to Chinese Estates for $226m


The asset sale is said to be at a net initial yield of 4.45 per cent

Malaysia woos China’s Wanda to rescue Bandar Malaysia project

Barely a week after it dumped its original partners

Malaysia: 1337 Ventures to invest in three startups

1337 Ventures is investing in 3 startups – HomeTaste, DobyBox and Bayar.

Media Prima Digital acquires REV Asia in $24.2m deal

REV Asia portfolio will be incorporated into Media Prima’s platforms.

Malaysia: Sunway Group launches incubator Sunway iLabs

The Sunway Group has launched a not-for-profit incubator called Sunway iLabs that will invest and accelerate startups with business themes complementary to its core operations.

Malaysian-Chinese group in 1MDB property deal says fulfilled payment obligations

The consortium refuted allegations that it had failed to make necessary payments.

Malaysia: TRX City aborts 60% stake sale in Bandar Malaysia

IWH CREC has disputed claims by TRX City Sdn Bhd over the sale.

Property deal of former 1MDB unit with China-Malaysia group lapses

A deal by a former unit of troubled state fund 1Malaysia Development Berhad (1MDB) to sell its stake in a property development project to a consortium including China’s state-owned China Railway Engineering Corporation (CREC) has lapsed. TRX City Sdn Berhad, a former 1MDB unit which was transferred to Malaysia’s finance… Read more »

MY: Govt-owned JCorp invests $2.31m in Axiata Digital Innovation Fund

Axata has committed $11.5m; Mavcap gave $4.6m for the same fund.

Malaysia: PE firm Actis extends takeover offer for remaining GHL shares

Takeover offer extended at MYR 1 per share.