By Tanu Pandey
Parkway Pantai is also in the fray to acquire India’s Fortis Healthcare
Govt had previously declared that both Uber and Grab drivers were operating illegally in Malaysia.
The PE firm has already deployed over two thirds of its seventh fund.
The project would have been Petronas’ biggest foreign investment.
The partnership marks Alipay-parent Ant Financial’s first investment in Malaysia.
Inbound deals accounted for 70% of M&A deals in H1 of 2017.
Firm in advanced talks to acquire an IT company, holding preliminary negotiations for energy unit.
The stake sales will help them comply with foreign ownership limits.
Led by a clutch of jumbo deals from ChemChina to SoftBank.
Signature Market will use the $351K raised to expand its production facilities and foray into new markets such as Singapore.