By Ka Kay Lum
Sun SEA Capital is looking to invest in Southeast Asian and Hong Kong startups in O2O convergence, enterprise solutions, logistics, digital media or entertainment, fintech and digital health sectors.
Tabung Haji is a state-owned fund formed to manage Muslim pilgrimages. It has a total of $18.05 billion funds under its management.
Malaysian Industrial Development Finance Bhd (MIDF) has appointed ex-Khazanah executive director to be its group managing director.
Malaysia’s largest fund management firm Permodalan Nasional Bhd (PNB) will be chaired by former Malaysia Central Bank (BNM) governor Zeti Akhtar Aziz, effective from July 1, 2018
Singapore’s TEE Land will be acquiring a freehold land along Upper East Cost Road for $43.86 million.
The insurer is exploring options to reduce its stake in the business following a regulatory directive.
Thai-listed Siam Cement is divesting its 60 per cent stake in Siam Stabilizers and Chemicals Co Ltd to Sakai Chemical Industry Co Ltd.
The lunch, previously unreported, brought together the key parties in what has become the biggest financial scandal in Malaysia’s history, involving the alleged misappropriation of $4.5 billion of 1MDB funds.
SET-listed Thai Union Group has acquired a 25.1 per cent stake in Thammachart Seafood Retail
1Malaysia Development Bhd has appointed Asri Hamidon as its new chairman, effective June 25. Asri is also the deputy secretary-general of Malaysia’s Treasury Department under the Ministry of Finance.