By Tanu Pandey
The asset sale is said to be at a net initial yield of 4.45 per cent
Barely a week after it dumped its original partners
1337 Ventures is investing in 3 startups – HomeTaste, DobyBox and Bayar.
REV Asia portfolio will be incorporated into Media Prima’s platforms.
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.
The consortium refuted allegations that it had failed to make necessary payments.
IWH CREC has disputed claims by TRX City Sdn Bhd over the sale.
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 »
Axata has committed $11.5m; Mavcap gave $4.6m for the same fund.
Takeover offer extended at MYR 1 per share.