Elffie Chew
Stories by Elffie Chew
CVC Capital, Guodong in race for Myanmar’s Irrawaddy Green Towers stake
Malaysia’s Axiata unit edotco has also proceeded into the next round of bidding for IGT.
Japanese PE investor INCJ mulls stake sale in Axiata tower arm
INCJ bought the shares from Edotco parent Axiata for $400 million via a private placement in 2017.
Malaysia explores debt options, M&A to bail out airlines
It is exploring setting up a vehicle to take over the debt of Malaysia Airlines and AirAsia.
Thai Life seeks bank pitches for $700m IPO plan
Thailand’s third-largest life insurer by assets met last month with potential advisers on the proposed share sale.
Petronas joins Exxon in seeking exit from Chad project
The Malaysian state-owned oil giant is working with an adviser on the potential disposal of its 35% stake in the project.
Creador-backed retailer Mr DIY mulls delaying Malaysian IPO
The retailer initially planned to start the IPO at the end of this month, with a target to raise about $500 million.
Buyout major EQT mulls sale of Singapore services firm In.Corp Group
EQT invested in In.Corp in 2016 without disclosing financial details.
Navis Capital-backed Malaysian education firm SEG mulls stake sale
Navis is the biggest shareholder with 37% stake in SEG, followed by the firm's MD Clement Hii who owns 32%.
Singapore’s Temasek to freeze pay, pare bonuses amid virus outbreak
Temasek is heavily invested in China, with about 26% of its holdings there as of March 2019.
GIC-backed Triputra Agro said to mull $500m Indonesia IPO
The first-time share sale could value the business at more than $2 billion.
