Ekuinas, the Malaysian government-backed private equity investor, has agreed to acquire up to 95.5% of Orkim, one of the country’s largest clean petroleum product (CPP) tanker companies, for MYR346.3 million ($109 million).
Southeast Asia | 25 Aug 2014 |
Creador has reached a final close on its second fund at the hard cap of $300 million. A rush of late commitments saw the Southeast Asia and India-focused GP exceed its projected $275 million total.
Fundraising | 21 Aug 2014 |
India and Southeast Asia-focused GP Everstone has hired L. Brooks Entwistle,formerly of Goldman Sachs, as a partner and group CEO.
People | 20 Aug 2014 |
The Blackstone Group has entered Southeast Asia's oil and gas space with an $800 million commitment to Tamarind Energy. Angelo Acconcia, managing director at Blackstone Energy Partners, explains the rationale
People | 20 Aug 2014
CITIC Private Equity has abandoned plans for a takeover of Singapore-listed Biosensors International, although it will remain an active investor in the medical device manufacturer.
Buyouts | 20 Aug 2014 |
Armstrong Asset Management and Singapore solar project developer Nv vogt have committed $29 million to the development of a pipeline of solar projects in the Philippines.
Cleantech | 19 Aug 2014 |
Shareholders of Singapore-listed Goodpack, the world largest maker of intermediate bulk containers (IBCs), have approved a S$1.4 billion ($1.1 billion) take-private offer made by KKR.
Southeast Asia | 15 Aug 2014 |
Singapore sovereign wealth fund GIC Private has acquired an 18.5% stake in Brazilian education company Abril Educação.
Southeast Asia | 15 Aug 2014 |
Telkom, the biggest information and communication operator in Indonesia, plans to invest $200 million in technology start-ups.
Southeast Asia | 14 Aug 2014 |
Malaysia's Employees Provident Fund (EPF) is paying MYR68.7 million ($21.5 million) for a 31.85% indirect stake in the Cerah Sama, concession holder of the Cheras-Kajang Highway.
Infrastructure | 13 Aug 2014 |
Smart eMoney, a mobile payment business owned by Philippine Long Distance Telephone (PLDT), first ventured overseas in partnership with Mastercard in 2010.
Venture | 13 Aug 2014 |
Foodpanda, an online take-away food delivery marketplace incubated by Rocket Internet, has raised $60 million in a new round of financing from new investor Falcon Edge Capital as well as existing backers.
Southeast Asia | 12 Aug 2014 |
Malaysia Airlines (MAS), the beleaguered national carrier that has tragically lost two planes in the space of four months, will be privatized and restructured by its largest shareholder, Khazanah Nasional in a deal worth MYR1.38 billion ($432 million)....
Restructuring | 12 Aug 2014 |
Lye Thiam Koh has departed fund-of-funds Northgate Capital and taken up a new role as portfolio manager with the National University of Singapore’s (NUS) investment office.
LPs | 06 Aug 2014 |
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28 August 2014, Four Seasons Hotel, Singapore
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11 September 2014, The Westin Chosun Hotel, Seoul