Elffie Chew
Stories by Elffie Chew
Telenor, Axiata in talks to combine telecom operations in Asia
The proposed transaction will form an entity with sales of about $13 billion and earnings of about $5.5 billion.
Singapore’s GLP plans $3b IPO of US warehouse assets
GLP may seek to value the operations at more than $20 billion.
FGV, Malaysian pilgrims fund mull sale of Indonesian estate in potential $1b deal
FGV and Lembaga Tabung Haji are working with an adviser to gauge interest in Trurich Resources, which controls oil palm estates in Kalimantan.
Indonesian gold miner Amman mulls $600m Jakarta IPO
Amman Mineral would be joining companies such as Lion Air, pharma firm PT Soho Global Health and PT Bank DKI in seeking a listing in Jakarta this year
1MDB-linked yacht sold to Genting Malaysia for $126m
The yacht was seized in Indonesian waters in 2018 as part of Malaysia’s effort to recoup about $4.5 billion allegedly embezzled from 1MDB.
Malaysia’s state fund PNB chief sees strong revival for stocks
Global funds pulled $2.9 billion from local equities in 2018, and have remained net sellers this year.
Malaysia’s sovereign wealth fund Khazanah mulls closing London office
It is seeking to cut operating costs as uncertainty over the U.K.’s exit from the European Union looms.
CapitaLand REIT said to pursue $1.1b Duo office and retail assets
The development is owned by M+S Pte, a joint venture between Malaysian sovereign fund Khazanah and Singapore's Temasek.
Khazanah said to mull sale of $245m Legoland resort
The sovereign wealth fund is said to be considering the potential divestment as part of its review of non-core assets.
CIMB said to appoint Jefferi Hashim as next investment banking CEO
Jefferi, currently deputy CEO of the investment bank, will start his new position in March.
