Singapore-based Monk’s Hill Ventures has engaged Mohd Ridzwan (Reez) Nordin as a Malaysia-based venture partner.
Ekuinas sees Al-Ikhsan as a model Malaysian entrepreneurial success story, and since its investment the firm has focused on preparing the company to become a leader in Southeast Asia’s budding sportswear market
Navis Capital Partners has agreed to exit its controlling position in Singapore-based circuit board maker MFS Technology. The GP will generate a 3x money multiple and an IRR of more than 40% on the investment.
COPE Private Equity, previously known as CMS Opus Private Equity, has completed its exit from Malaysian oil and gas services provider Serba Dinamik Holdings with a gross 8.9x money multiple and a 79.2% IRR.
StoreHub, a Malaysia-based business that helps retailers digitize their operations, has raised a $5.1 million Series A round of funding led by Vertex Ventures.
Healthcare-focused private equity firm Quadria Capital has made an investment of undisclosed size in Malaysian diagnostics services company Lablink.
Creador is targeting $500 million for its fourth Southeast Asia and India-focused fund. The private equity firm closed its previous vehicle at $415 million in late 2016.
Malaysian government-backed private equity investor Ekuinas has exited its majority stake in private school chain Tenby Education Group to International Schools Partnership (ISP).
KV Asia Capital sees strong growth potential for the education sector in Southeast Asia. The firm’s latest investment in Malaysia-based APIIT Education Group reflects confidence in this vision
KV Asia Capital has supported a management buyout of APIIT Education Group, the holding company for several primary, secondary and tertiary education assets in Malaysia, from Ekuinas for an enterprise valuation of MYR725 million ($180 million).
Affinity Equity Partners has agreed to acquire the Malaysia-based assets of Laureate Education – a private equity-controlled global network of higher education institutions – for $180 million.
Malaysian government-backed PE firm Ekuinas has acquired domestic lighting design company Davex for MYR255 million ($62.5 million).
The Everstone Group has acquired Chemopharm, a provider of medical equipment based in Malaysia.
Singapore-based Dymon Asia Private Equity has agreed to acquire a 13% stake in Malaysia-based and Myanmar-listed bottled water producer Spritzer for about MYR63 million ($15 million).
Government-owned Malaysia Debt Ventures (MDV) has launched its third fund with a view to investing up to MYR4 billion ($954 million) in technology companies across the next 20 years.
Bitsmedia Holdings' Muslim Pro app is highlighting new marketing potential in growing Muslim populations. CMIA Capital Partners and Malaysia's Affin Hwang Asset Management have taken a controlling stake in the company
Singapore’s EDBI has joined a $133 million funding round led by US conglomerate Hearst Media for Iflix, a Malaysia-based video streaming service with a similar business model to Netflix.
Creador has invested MYR57 million ($13.3 million) in Bake With Yen (BWY), a Malaysian baking and confectionery ingredients supplier.
CMIA Capital Partners and Malaysia-based Affin Hwang Asset Management have acquired Bitsmedia Holdings, best known for operating an app that provides Muslims with accurate prayer times.
Travel start-ups in Southeast Asia are attracting scattered but enthusiastic interest from venture capital investors. Success in navigating the sector’s early days will be a matter of niche targeting
Gobi Partners has led a $6 million funding round for Malaysia-based online used car purchasing platform Carsome.
Encouraging trends in population, social mobility, commodities, technology, and governance standards are converging on Islamic finance. PE plays a small role with strong upside in Asia
Ekuinas represents a mixed bag, serving as GP and LP and pursuing social and economic objectives. CEO Syed Yasir Arafat Syed Abd Kadir explains how the group is making a difference in Malaysian private equity