Malaysia’s Affin Hwang ropes in former RHB bankers for private equity push

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Andrew Tan, another former M&A banker at RHB, has joined Bintang as vice president of investments.

How a street vendor’s son became one of Vietnam’s biggest tycoons

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Nguyen Duc Tai is the man behind Mobile World Investment Corp., the country’s top seller of mobile phones and one of the biggest listed stocks. The company now has a market value of $1.7 billion.


People Digest: Credit Suisse, Savills, Beyond Capital and NEA make senior hires

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Credit Suisse has announced senior appointments in its Southeast Asia investment banking business based in Singapore.


China’s hiring site 51job helps CEO accumulate a $1.5b fortune

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Its American depositary receipts have soared more than 80 per cent this year, fueled by surging revenue.


UBS targets Asia’s ultra-rich to grow family office operations

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Asia is now home to 27% of the world’s 500 richest people, second only to North America.


People Digest: Goodwin Procter, Orios make appointments; Mobikwik marketing head quits

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Law firm Goodwin Procter has appointed Bosco Yiu as a partner in the company’s private equity practice in Hong Kong.


Diversity indispensable to DiDi’s core values, says president Jean Liu

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A vocal gender diversity advocate, Liu led DiDi through its merger with Kuaidi Dache in 2015 and a year later with Uber’s China unit. Under her leadership, the Chinese ride-hailing giant has invested in Southeast Asia’s Grab, India’s Ola, Taxify in Europe, Brazil’s 99 and Careem in the Middle East.


PE firm Actis appoints Ellen Li to lead investor relations in Asia

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She will be based in Hong Kong for the new role that will focus on fundraising and investor relations activities across Asia.


SoftBank Vision Fund to appoint ex-Deutsche exec Rahman to head Middle East ops

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Rahman will help manage relations with the Vision Fund’s two key backers – Saudi Arabia’s Public Investment Fund and Abu Dhabi wealth fund Mubadala.


Telekom Malaysia CEO Mohammed Shazalli Ramly said to resign

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Malaysian sovereign wealth fund Khazanah Nasional Bhd. owns about 26 percent of the company.