Yantoultra Ngui
Stories by Yantoultra Ngui
99 Speed Mart aims to raise $509m in Malaysia’s biggest IPO in seven years
99 Speed Mart plans to offer an up to 17% stake, or as much as 1.43 billion shares for its IPO.
SG-based Cyan Renewables to buy Australian vessel operator MMA Offshore for $726m
Renewable companies and assets have become increasingly attractive as investors look to tap growth in the sector.
U Mobile plans over $500m Malaysia IPO in 2025
The deal, if it proceeds, could be the largest IPO in Malaysia in nearly eight years.
ExxonMobil to sell Malaysia oil and gas assets to state energy firm Petronas
The deal marks ExxonMobil's exit from the country's upstream sector where it used to be a dominant producer.
Germany’s Allianz plans to buy majority stake in Singapore’s Income Insurance
Allianz said the move would make it Asia's fourth-largest insurer, up from ninth previously.
Chinese state-owned brokerage to ramp up i-banking business in SE Asia
CGS International Securities is also in the process of securing a licence to help manage IPOs in Malaysia.
GIP, Stonepeak among bidders for Singapore Power’s 40% stake in Jemena
Singapore Power, an energy utility company, is wholly owned by state investor Temasek.
Data centre operator Equinix weighs selling minority stake in Hong Kong assets
The US-based company could sell 25% in its Hong Kong data centres.
China’s CICC to open offices in Indonesia, Malaysia in SE Asia push
State-owned CICC opened a representative office in Vietnam in June.
Singapore highlights banks as posing highest money laundering risk
The report also identified new risk sectors including digital payment token service providers.
