Deviana Chuo
Stories by Deviana Chuo
Malaysia’s FGV Holdings in early talks to pare stake in MSM
FGV is said to be exploring potential collaborations including strategic alliances with international players.
Temasek-backed ACR Capital taps Morgan Stanley to revive sale of SG reinsurer
ACR Capital shareholders are reviving the sale process after a proposed divestment to a Chinese group fell through a couple of years ago.
Indonesia’s Omni Hospitals’ major shareholder mulls stake sale, in talks with PE firms
The hospital chain has roped in Credit Suisse to facilitate the transaction.
US sausage producer Johnsonville to expand SE Asia footprint, eyes M&A
Johnsonville is open to strategic partnerships, joint ventures or acquisitions to expand in SE Asia.
Indonesia Digest: Kino buys Linanda Consumer India; Phapros plans rights issue
Indonesia's Kino Group has acquired distribution company Linanda Consumer India.
IDX-listed Indika Energy acquires additional stake in coal miner
Indika Capital bought 2.62 million shares, equivalent to a 15 per cent stake in MTU, from Prime Empire Investment.
Malaysia’s Hibiscus Petroleum to acquire two oil and gas blocks in UK
The acquisition will be valued up to $5 million.
Indonesia’s TPS Food plans to raise $22.5m via private placement
The proceeds will be used to strengthen the company’s capital as well as its financial structures.
Indonesian tower giant Inti Bangun Sejahtera in talks to rope in new shareholders
Sinar Mas Group holds 8.5% stake in IBS through its listed subsidiary Dian Swastatika Sentosa.
Indonesia’s MNC Vision Networks acquires 60% stake in K-Vision
The acquisition will help MNC Vision ramp up its services in the paid TV business.