Malaysia’s sovereign wealth fund Khazanah mulls closing London office

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It is seeking to cut operating costs as uncertainty over the U.K.’s exit from the European Union looms.

After long drought, two Malaysian firms set to raise up to $900m in IPO

The IPOs, which were postponed last year due to weak markets, could together raise as much as $900 million.


Need to find new ways to strengthen the airline industry, says Khazanah

Khazanah MD Shahril Ridza Ridzuan said the wealth fund’s investment in MAS remains relevant despite the airline missing its target to breakeven last year.


Malaysia’s government-linked funds PNB, KWAP eye bigger PE play

PNB is also looking to increase its global asset allocation from the current two per cent to four per cent.


Columbia’s Asia hospital business draws interest from KKR, CVC

A potential sale of the business could fetch as much as $2 billion.


Malaysian PM Mahathir says some state-owned entities may be listed

The government is seeking to tap new revenue sources to boost its fiscal position.


Malaysia’s Ekuinas picks 40% stake in Exabytes Capital Group

Ekuinas has an option to up its stake up to 54 per cent.


MY Dealbook: Asdion buys supply base firm; Texchem cuts stake in unit; Orlins raises funds

Malaysia’s ACE Market-listed logistics company Asdion Bhd is acquiring Kingdom Infra Holdings Sdn Bhd for $16.25 million.


EPF, PNB complete $2b acquisition of Battersea Power Station commercial assets

The acquisition was done via PNB-Kwasa International 2 Ltd, a 65:35 joint-venture between PNB and EPF.


SC Malaysia reviews 60 proposals for $245m pooled VC fund

The SC also hopes to see greater participation from the private sector to spur the local venture capital and private equity industry.