Malaysia’s edotco acquires over 300 telecom towers in Cambodia


By adding new facilities through this acquisition, edotco Cambodia has expanded its reach to over 3,600 towers in the country.

MY Digest: SBI Japannext picks N2N Connect stake; Sunway REIT buys land

Online broker SBI Japannext has picked up an 11.65% stake in trading platform N2N Connect from its founder Andrew Tiang for RM91.4 million ($21.8 million).

US private fund Castlelake to buy AirAsia plane portfolio for $768m

For AirAsia, the deal marks another move to monetise its assets as Asia’s biggest budget airline seeks to transform itself into an asset-light, digitally focused firm.

MY Digest: Fresh At Heart raises $270K; ex-Khazanah investment head joins MIDF

Fresh At Heart was seeking funds to expand its offline presence in urban areas and boost its marketing efforts as it looks to expand across Malaysia.

Malaysia said to seek $7.5b in reparations from Goldman Sachs

Malaysian prosecutors this week filed charges against Goldman Sachs in connection with its role as underwriter and arranger of three bond sales that raised $6.5 billion for 1MDB.

HSBC gets regulatory approval to sell Malaysian insurance unit stake to FWD

A foray into the Southeast Asian country by FWD will add to its Asian market footprint that already covers Indonesia, Japan, Singapore, the Philippines, Thailand, and Vietnam.

MY Digest: Good Foodie Media snags funding; Apex Equity inks merger deal

Malaysia-based content startup Good Foodie Media plans to expand its services into Singapore.

Malaysia charges another former Goldman Sachs banker over 1MDB

Malaysian prosecutors charged the second former Goldman banker, Roger Ng, a Malaysian, with four counts of abetting the bank to provide misleading statements in the offering prospectus for the bonds that the bank helped sell for 1MDB.

CVC said to explore sale of Malaysia-based funeral group Nirvana Asia

The deal could be in excess of $1.8 billion.

AirAsia transfers non-airline businesses to digital venture arm

AirAsia Group entered into a share sale agreement with AirAsia Bhd and AirAsia Investment Ltd to acquire nine non-airline digital businesses as well as their subsidiaries.