Capital World Limited has entered into a term sheet with two individual private investors to raise $13.47 million for the development of an ongoing pr
The seizure comes after Malaysia suspended two pipeline projects on which CPP was the lead contractor.
It currently operates in three major cities in Peninsular Malaysia - Klang Valley, Johor and Penang.
A sale could reportedly value the supplement producer at as much as $1 billion, including debt.
Policy & Regulations
The Southeast Asian country was set to introduce new regulations on Friday barring drivers without a PSV licence from plying the streets.
Malaysia Malakoff Corp is investing $70 million in lieu of a 40 per cent stake in Shoaiba Consortium.
Mahathir said that the proposals that have come up are mostly from local entities.
Deutsche Bank had helped 1MDB raise $1.2 billion in 2014.
NEXEA, a Kuala Lumpur-based VC firm also participated in the funding.
Deskera established a partnership with NAVER Business Platform to offer cloud services to SMEs across Southeast Asia.
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