Jacobs Douwe Egberts offers to buy Malaysia’s OldTown for $361m

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This will be JDE’s second deal in Asia this year, after its $1.05-billion acquisition of Singapore-listed Super Group.

Petronas unit agrees share swap with Shell’s Africa operator

The deal, which has been concluded, is worth as much as 3.5 billion rand ($256 million).


Sime Darby plantation and property units make weak debut on Malaysian bourse

Sime Darby Property Berhad fell to 1.19 ringgit in the afternoon, down over 20 percent from its reference price of 1.50 ringgit.


Malaysia’s Magic toys with idea of providing funding to startups it backs

Magic is deliberating with other stakeholders – Corporates and Venture Capital firms – on packaging some of its programmes together with financing, equivalent to seed funding, or an entry level capital amount to start with, Magic CEO Ashran Dato’ Ghazi told this portal. It will also look at weather there is real need for a fund.


Bank Negara green lights HNA stake in Deutsche Malaysian arm

HNA built up its holding in Deutsche Bank to just under 10% as of May, making it the lender’s biggest single shareholder.


Malaysia formulating regulatory framework for crypto currencies

The move is aimed at further securing Malaysia against money-laundering and terrorism financing.


Thailand’s VGI acquires 25% in Malaysian OOH firm for $3.2m

The deal is expected to be completed by February 2018.


Malaysia: Top fund firm PNB eyes more private investments to cut cash pile

PNB is spearheading the Sime Darby demerger into three separate businesses by the end of this month to unlock value.


Catcha-backed auto portal iCar Asia raises $19m in new funds

The current fund raise follows a $17.4m capital raising over a year ago by iCar Asia


Malaysia Digest: Axis-REIT completes $42m placement; Trive, JFNET solar JV

Malaysia Digest: Axis-REIT completes $42m private placement; Trive, JFNET solar JV