By Shiwen Yap
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.
To date, BIMA has raised $75 million in equity funding.
AIA, Great Eastern & Tokio Marine have wholly owned operations in Malaysia.
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 »
The company recently listed at the local exchange raising about $586.2 million
Malaysia’s Petronas has pitched an estimated $1 billion stake in a prized upstream local gas project to potential bidders including Royal Dutch Shell, ExxonMobil Corp, Thailand’s PTT Exploration and Production and Japanese firms, sources familiar with the matter said. If successful, the deal could mark the Malaysian company’s biggest upstream… Read more »
The combined size of the two vehicles will be about $450 million.
Yarra Park City will develop mixed use property Melbourne Square at a GDV of over $2.1 bn
The US paint maker is embroiled in takeover tussle to buy Dutch competitor AkzoNobel
A probe of UBS Group AG in the matter was closed.