Deals
The offer made by the consortium of investors in May sought to upgrade infrastructure and improve connectivity and services.
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Editor’s Take: The Week That Was — Dec 16-21
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Toshiba's reforms remain unfinished a year after going private
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Indonesia's Mayapada Group charts ambitious healthcare expansion
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Investors spot big promise in India's mid-price coffee segment
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Indonesian startup Magalarva bags funding from angel network
More Stories
Indonesia’s Mayapada Group charts ambitious healthcare expansion
Indonesia anti-graft agency raids office of Financial Services Authority
Singapore’s insurtech firm bolttech, valued at $2.1b, raises over $100m
Malaysia Airports $4b takeover offer by investors is reasonable, says deal adviser
IPOs & Markets
Creador is slated to sell a nearly 8% stake in the firm.
Private Equity
The fund was launched with a target to raise $750 million to $800 million.
2024-2025
It’s seen as one of the biggest beneficiaries of the China+1 policies.
Analysis
Deal volume in the sector contracted for the first time in nine years.
Climate Tech & ESG
Malaysia wants EVs and hybrids to account for a fifth of new car sales by 2030.
Policy & Regulations
Malaysia has secured billions of dollars in investment from global tech firms.
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Mawar Setia will acquire the stake in U Mobile from Straits Mobile Investments, a unit of ST Telemedia.
The deal marks the first female-founded and entrepreneur-led company in Bintang’s portfolio.