MY Dealbook: Aspen's RTO of Yi-Lai; Latitude Tree buys 15% in Grob Holz; DBE Gurney stake sale

MY Dealbook: Aspen's RTO of Yi-Lai; Latitude Tree buys 15% in Grob Holz; DBE Gurney stake sale

Image from Aspen Group website.

Among acquisition deals this week in Malaysia, Aspen Group will undertake a reverse takeover of Yi-Lai, changing the latter into a property developer, while Latitude Tree seeks to buy up remaining 15 per cent equity interest in Grob Holz that it does not own. DBE Gurney could be selling 20 per cent of its equity to the Taiwanese partners it has started collaborating with.

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