Malaysia PM Mahathir Mohamad

Malaysia scraps multibillion-dollar high-speed rail project to Singapore


The decision would deal a setback to construction and rail companies in Asia, including those from China and Japan, that are keen to gain a slice of orders.

Malaysia’s IHH Healthcare eyes 34-35% stake in India’s Fortis

Fortis has received a go-ahead from Hero Enterprise Investment Office and Burman family Office to re-open the bidding process, weeks after the board accepted the consortium’s investment offer.

MY Digest: KWAP says SRCI paying interest on $1.1b loan; EPF says short-term volatility normal

The Malaysian civil service pension fund has reaffirmed that SRC International Sdn Bhd, a former subsidiary of debt-ridden 1Malaysia Development Bhd, is still making regular interest payments on its RM4.385 billion ($1.1 billion) loan from KWAP.

Malaysian forest firm Jawala aims to raise $3.36m in SGX-listing

Jawala expects its post-IPO market capitalisation to be about $29.6 million ($22.1 million).

Could it be stormy weather ahead for Malaysia’s government-linked funds?

Amid the pick-up in pace of the investigation into the scandal-ridden 1Malaysia Development Berhad (1MDB) by the new Mahathir government, some question marks have also emerged over the role played by government-linked funds.

Hong Kong’s Razer completes acquisition of MY-based MOL Global

The acquisition plan was announced in April, where Razer said it intended to acquire the 65.1 per cent stake it did not already own in MOL Global.

Malaysia’s IHH Healthcare extends offer for India’s Fortis yet again till June 30

Earlier this month, IHH had issued an extended the acceptance period of the enhanced revised proposal from May 15, 2018 till May 29, 2018.

Malaysia: CIMB records $231m gain from paring stake in JVs with Principal

Principal has increased its stake to 60% with CIMB retaining 40% ownership in CIMB-Principal Asset Management Group and CIMB-Principal Islamic Asset Management.

Malaysian poultry business Leong Hup eyes $600m listing by year-end

The company is majority owned by the founding Lau family. Private equity firm Affinity Equity Partners has owned a 23% stake in the business since 2014.

Regime change may slow down fundraising for Malaysia fund: Finian Tan

Vickers set up a new office in Kuala Lumpur in March this year to focus on investments in the country.