Yantoultra Ngui
Stories by Yantoultra Ngui
Philippines’ PLDT looks to sell up to 49% of data centre business to Japan’s NTT
The deal could value the data centre business at $750m.
Apple plans to invest over $250m to expand Singapore campus
Apple houses more than 3,600 employees in the city-state.
Abu Dhabi Islamic Bank in talks to buy $1.1b stake in Indonesian lender BSI: report
The acquisition of a 15% stake in BSI from BRI is one of the options for ADIB.
Malaysian lender CIMB’s CEO Abdul Rahman to step down in June
Rahman will join Malaysia's largest asset manager PNB as new president and group CEO from July 1.
China’s CDH buys 5% stake in Vietnam grocery chain Bach Hoa Xanh for $72m
Mobile World will remain the controlling shareholder of Bach Hoa Xanh.
PH realty firm DoubleDragon’s subsidiary Hotel101 Global to list in US
The merger is likely to result in Hotel101 having an equity value of over $2.3 billion.
Khazanah-backed Axiata to exit Myanmar telco tower business for $150m
"Decision was made due to deteriorating macroeconomics in Myanmar."
CVC-linked investment unit sells 5% stake in Vietnam’s Asia Commercial Bank for $220m
The sale of the stake was done via two trades fetching $160 million and $60 million.
Metro Pacific-led consortium in talks to buy stake in Indonesian toll company for $750m
Metro Pacific Tollways is aiming to buy a 35% stake in Jasamarga Transjawa Tol.
Indonesia’s Indosat set to sell minority stake in $1b fibre business: report
Global infra firms, financial investors and strategic firms have expressed interest.
