Malaysia-based IHH Healthcare buys 55% in diagnostics firm Angsana for $6.85m


Parkway Pantai is also in the fray to acquire India’s Fortis Healthcare

Malaysia legalises e-hailing services as Grab, Uber compete to expand regional presence

Govt had previously declared that both Uber and Grab drivers were operating illegally in Malaysia.

Navis to launch its eighth fund next year, may target raising up to $2b

The PE firm has already deployed over two thirds of its seventh fund.

Malaysia: Petronas scraps $29b western Canada LNG project

The project would have been Petronas’ biggest foreign investment.

Malaysia: CIMB arm forms JV with Alipay to offer mobile wallet, related services

The partnership marks Alipay-parent Ant Financial’s first investment in Malaysia.

Malaysia continues uptick in M&A activity with deals worth $13.6b in H1 2017: Duff & Phelps

Inbound deals accounted for 70% of M&A deals in H1 of 2017.

Malaysia: Dagang NeXchange scouting for tech, energy acquisitions to boost profit

Firm in advanced talks to acquire an IT company, holding preliminary negotiations for energy unit.

Prudential, Great Eastern, other insurers plan $2b stake sale in Malaysian units

The stake sales will help them comply with foreign ownership limits.

Asia Inc perpetual bonds have bumper year as Softbank joins ranks

Led by a clutch of jumbo deals from ChemChina to SoftBank.

Malaysia: e-commerce platform Signature Market raises $351K through crowdfunding

Signature Market will use the $351K raised to expand its production facilities and foray into new markets such as Singapore.