Joseph Sipalan
Stories by Joseph Sipalan
Malaysia allows Gojek, local startup Dego Ride to test run bike hailing service
Gojek and Dego Ride will operate on a proof-of-concept basis to measure demand for the service over 6 months.
Lafarge’s minority shareholders turn down $840m deal with YTL Cement
YTL currently owns a 77% stake in Lafarge and the proposal was rejected by 76% of the shareholders.
Khazanah makes $72m capital injection into struggling carrier Malaysia Airlines
Malaysia Airlines has been struggling to transform its operations and return to profitability since two disasters struck in 2014.
Malaysian PM Mahathir says new suitors may emerge for rare-earths firm Lynas
Lynas last week rejected a $1.1 billion takeover offer from Australian conglomerate Wesfarmers Ltd.
Malaysian regulator fines Deloitte for breaches linked to 1MDB
Deloitte has been fined for committing four breaches related to a 2.4 billion ringgit ($584.7 million) sukuk program issued by a firm linked to 1MDB.
Malaysia picks lead arrangers for $1.83b samurai bond
The bond is expected to be raised in the next few months. The coupon rate will be no more than 0.65 percent per annum.
PM Mahathir says Goldman bankers ‘cheated’ Malaysia over 1MDB
The U.S. investment bank has been under scrutiny for its role in helping raise funds through bond offerings for 1MDB, which is the subject of corrupti
Malaysia’s Sapura to sell 50% stake in upstream business to Austria’s OMV
The proposed deal is based on an enterprise value of $1.6 billion, Sapura said.
Former Malaysia PM Najib pleads not guilty to corruption charges
The charges relate to funds that allegedly went from SRC International into Najib's personal bank account, but are only a fraction of the total amount
Former Malaysia govt used money raised from Khazanah to pay 1MDB dues
Khazanah paid the government 1.2 billion ringgit ($301.05 million) in mid-2017 in exchange for redeemable shares owned by the finance ministry. These
