Elffie Chew
Stories by Elffie Chew
Axiata, Telenor to end talks on merging Asian telecom operations
Axiata’s board met on Friday to discuss the planned merger and decided to cancel the deal.
AXA, Affin Bank explore options to sell Malaysian insurance business
A potential sale of their life and general insurance business in Malaysia could fetch about $650 million.
SG’s OCBC mulls bid for StanChart-backed Indonesian bank
The Singaporean bank is considering an offer for almost 90% of PT Bank Permata, which has a market value of about $1.9 billion.
Khazanah hires Morgan Stanley to explore options for Malaysia Airlines
Khazanah, the sole shareholder of the airline, aims to get a deal done by the end of this year.
KKR said to near partial exit from $2b helicopter firm Weststar
It is in advanced talks to sell a portion of its 40% Weststar holding to the company’s controlling shareholder, Malaysian businessman Syed Azman Sye
Manila-listed Metro Pacific planning to sell stake in $2b hospital unit
Potential investors could include buyout firms and regional healthcare companies.
AirAsia eyes wider e-commerce play beyond air ticket sales
AirAsia is talking to potential partners to build an e-commerce app offering lifestyle goods and services that it wants to see overtake its airline bu
CVC-backed sanitary product maker Softex Indonesia mulls $500m IPO
Softex has met potential advisers for a share sale in Indonesia that could happen this year.
Malaysian health supplement maker DXN explores sale at $1b valuation
DXN shareholders, including PE firm KV Asia Capital, are working with an adviser on the proposed deal.
Malaysia bubble tea chain Tealive said to mull $72m via IPO next year
The Kuala Lumpur-based company, that has hired advisers for the planned share sale, is considering seeking a valuation of as much as 1 billion ringgit
