Elffie Chew
Stories by Elffie Chew
Singapore Press picks banks for student housing REIT IPO
SPH is set to join United Hampshire U.S. REIT and the Far East Consortium International in seeking SGX listings.
Malaysian health supplement maker DXN invites pitches for $300m IPO
DXN, backed by KV Asia Capital, could sell shares as soon as the end of this year.
Buyout firm Affinity Partners weighs sale of Malaysia’s Island Hospital
A potential deal could fetch $500 million to $1 billion.
Khazanah, Telenor revive talks to explore Axiata deal
Khazanah is Axiata’s biggest shareholder with a 37% stake.
Thai tycoons-led CP Group, Central said to vie for Tesco’s $7b Asia business
TCC Group, controlled by Thai billionaire Charoen Sirivadhanabhakdi, has also expressed interest.
Singapore’s Aztech said to weigh $300m IPO of tech unit
Aztech Group is said to be seeking a valuation of as much as S$1 billion for its technology unit in a listing.
Bangkok Bank said to be strong contender for Indonesia’s Permata stake
The Thai lender is competing with SMFG in the final race for almost 90% of PT Bank Permata.
Malaysia’s state oil company Petronas raises $1.4b cutting listed unit stakes
The selldowns will rank among the biggest-ever block trades in Malaysia.
Philippine noodle maker said to explore options for UK’s Quorn Foods
The firm could sell at least 20% in UK-based Quorn to an investor to expand the business.
Malaysian developer Iskandar Waterfront said to eye IPO next year
IWH is working with at least one adviser for the listing that may fetch a valuation of about 30 billion ringgit ($7.2 billion).
