Malaysia’s Etika Holdings said to be keen on stake in Dymon Asia-owned Advend

Malaysia’s Etika Holdings said to be keen on stake in Dymon Asia-owned Advend

KL Tower in Kuala Lumpur, Malaysia.

Singapore-based Dymon Asia Private Equity (DAPE) is said to have received interest from Malaysia’s Etika Holdings to acquire a stake in its portfolio firm Advend Systems, a vending machine company formerly known as Atlas Vending, according to two people familiar with the development.