Most money from sovereigns, pension funds is money with no capabilities: Navis’ Nicholas Bloy


Navis’ investment pipeline right now is around $2 billion

Malaysia’s Petronas denies interest in equity stake in Daewoo E&C

A South Korean newspaper had reported about Petronas’ interest in Daewoo’s unit.

Malaysia’s Petronas interested in controlling stake in Daewoo E&C

Petronas is considering acquiring the 50.75% stake owned by Korea Development Bank (KDB).

PE firm Navis looking at an investment pipeline worth $2b

The PE firm says one of its challenges is finding good talent for management teams of portfolio firms.

AirAsia to consolidate regional units as SE Asia expansion plans take off

Under the reorganisation, the investment holding function and the Malaysian airline business will be separated.

Malaysia: Axiata unit close to acquiring Veon Towers in $1b deal

The acquisition will make Edotco the biggest independent telecoms tower operator in the South Asian nation.

Malaysia: Sime Darby says on track to list plantation, property businesses by year-end

The businesses will be listed after a restructuring that would create three standalone units.

AirAsia CEO says leasing unit sale to South Korean group ‘imminent’

Privately-owned KOTAM is said to be negotiating final terms to acquire AirAsia’s fully-owned unit, Asia Aviation Capital.

Malaysia’s AmBank, RHB Bank plan to scrap proposed merger

A merger would have offered ANZ an opportunity to sell its 24% stake in AMMB.

Malaysia’s $62b state fund PNB wants to hold less cash

The fund could reduce holdings in cash and money markets by at least 5 percentage points.