Malaysia’s EPF mulls direct investments in natural resources in bid to diversify


Real estate and infrastructure now make up 4% of EPF’s total investment assets.

Malaysia’s Iskandar Waterfront plans to raise $1.13b to develop land bank: Report

The company is also looking to raise about $338 mn this year to pare its debt

People: Kuwait Finance hires six execs; EFG to get former exec as business head

Kuwait Finance House Malaysia appointed a new CEO David Power last year.

Malaysia: AirAsia buys 50% in online travel planner Touristly, injects $2.61m

Last year Touristly raised funds from Tony Fernandes led Tune Labs

Malaysia: KWAP picks $100m stake in Axiata’s telco infra unit

This is an add-on to the $600m being raised by edotco through a PE placement.

Malaysia: Navis Capital-backed Village Grocer acquires smaller rival BIG

Malaysian premium grocery brand Village Grocer has acquired competitor BIG in a bolt-on acquisition, which also sees Navis Capital consolidating its interest in the grocery space.

Malaysia’s Axiata Digital invests $16.8m into Swedish insurtech BIMA

To date, BIMA has raised $75 million in equity funding.

Malaysia mulls enforcing foreign insurer holding cap

AIA, Great Eastern & Tokio Marine have wholly owned operations in Malaysia.

MY Digest: Berjaya Assets buys 1.62% in 7-Eleven; Lion sells industrial land

Malaysia’s Berjaya Assets Bhd’s wholly-owned unit Berjaya Times Square Sdn Bhd has acquired a 1.62 per cent stake in 7-Eleven Malaysia Holdings Bhd from Berjaya Retail Bhd for $6.1 million. Meanwhile, Lion Industries Corp Bhd has announced the disposal of an industrial property in Klang to Yinson Corp Sdn Bhd… Read more »

MY: Eco World buys 80% in Salcom to develop project in Melbourne

The company recently listed at the local exchange raising about $586.2 million