Malaysia
Headland invests in Malaysian snack foods brand
Headland Capital Partners has invested in Mamee-Double Decker Barhad, one of Malaysia's largest food and beverage firms. The details of the transaction were not disclosed.
China Private Equity Investment backs Malaysia’s Patimas Computers
China Private Equity Investment Holdings (CPEH) has acquired a minority interest in Patimas Computers, a Malaysian information and communications technology provider.
CVC-led consortium completes $1.7b KFC take-private
A CVC Capital Partners-led consortium has completed a MYR5.12 billion ( $1.7 billion) privatization of Malaysia's KFC franchise and its parent company.
Singapore named most attractive market for infrastructure investment
Singapore is the world’s most attractive market for infrastructure investment, according to a new report.
Standard Chartered-backed Malakoff to list in 2013
Malakoff, the Standard Chartered Private Equity-backed power unit of Malayasian building firm MMC Corporation, has outlined plans for an IPO in 2013.
Composition Capital invests in four Asian projects
Composition Capital Partners has invested in four projects in Macau, Taiwan and Malaysia through its local joint venture partners. The property-focused investor has also exited a Tokyo office development within a year of acquisition.
Abraaj exits Thai hospital with 3x return
Of the 19 million tourists who visited Thailand in 2011, an estimated 500,000 traveled specifically for medical care. Although medical tourism only accounts for 0.4% of national GDP, the industry is growing at an annual rate of 16% and is expected to...
Aureos, GSB exit Thai hospital interest to Malaysia’s KPJ
Aureos Capital and GSB Private Funds – a vehicle set up by Thailand’s Government Savings Bank and managed by ING – have agreed to exit their holdings in Vejthani Hospital to KPJ Healthcare, a hospital chain with assets in Malaysia and Indonesia...
Malaysia’s Ekuinas wants Icon Offshore to list by 2014
Ekuinas, the Malaysia sovereign wealth fund, plans to list its oil and gas services unit, Icon Offshore, within three years. Abdul Rahman Ahmad, the Icon’s CEO, said the company was already eligible for an IPO but they want to wait until earnings justify...
CVC consortium wins first approval for Malaysia KFC bid
A $1.7 billion take-private bid by a CVC Capital Partners-led consortium for Malaysia's two main KFC fast food franchisees won its first approval from shareholders yesterday.
Shareholders to vote against Malaysia's KFC take-private bid
A $1.7 billion bid by CVC Capital Partners and the Malaysian state of Johor for the country's two main KFC fast food franchisees has met with opposition from investors.
Ekuinas acquires Malaysian shipping services provider
Ekuinas, the Malaysian sovereign wealth fund, has completed a MYR220.9 million ($72.3 million) buyout of OMNI Petromaritime, a company that provides offshore support vessels to the oil and gas industry. Ekuinas acquired an 82.5% stake in OMNI for MYR150.9...
Great expectations: Buyout firms in Southeast Asia
Global buyout firms are deploying more resources in Southeast Asia and expect to see stronger deal flow. But are there enough mid- to large-size transactions to go around, and will they come at reasonable prices?
Carlyle’s General Lighting completes Malaysia acquisition
General Lighting (GLC), a Saudi Arabia-based portfolio company of The Carlyle Group, has agreed to buy Davex, Malaysia’s largest lighting fixtures manufacturer and supplier, for MYR183 million ($60 million). The company sees the acquisition as a platform...
MAVCAP forms alliance with regional partners
VC firm Malaysia Venture Capital Management has agreed a co-investment partnership with three foreign VC firms and another Malaysian company. The foreign firms are located in China, South Korea and the US.
Southern Capital revises Adventa MBO offer
Southern Capital Group and a director of Adventa have submitted a revised takeover bid for the Malaysian medical products manufacturer. The offer still stands at MYR320.85 ($100 million), or MYR2.10 per share, but now excludes Adventa’s interests in...
IHH raises $2b from IPO, Abraaj Capital exits
IHH Healthcare, the hospital operator owned by Malaysian sovereign wealth fund Khazanah Nasional, has raised MYR6.3 billion ($2 billion) from its IPO after pricing the offering near the top of the indicative range. Abraaj Capital fully exited its holding...
Southern Capital backs Malaysia’s Adventa in $100m MBO
Singapore-based Mulberry Asia Fund II, a private equity fund managed by Southern Capital Group, has acquired medical products manufacturer Adventa alongside its present managing director Low Chin Guan. The deal is valued at MYR320.85 million ($100 million).
Private investors back IPO of Khazanah’s healthcare arm
Blackrock, Capital Group and Och-Ziff Capital Management Group have agreed to become cornerstone investors in the proposed $2 billion IPO of Malaysia's Integrated Healthcare Holdings (IHH), which is owned by Khazanah Nasional.
IFC may back IPO of Khazanah’s healthcare arm
International Financial Corp (IFC), the private investment arm of the World Bank, is planning to invest in the proposed $1.5 billion IPO of Malaysia's Integrated Healthcare Holdings (IHH), which is owned by Khazanah Nasional.
Malaysia launches MyCreative Venture Capital
The Malaysian government will launch a MYR200 million ($63 million) fund to support businesses operating in the country’s creative content sector.
Creador invests $15m in OldTown
India- and Southeast Asia-focused investor Creador has injected RM45.7 million ($15 million) in OldTown White Coffee, the number-one Asian restaurant chain in Malaysia.
Armstrong to launch a $150m clean energy fund in SE Asia
Armstrong Asset Management, a newly-established Singapore-based clean energy asset manager, is set to launch its maiden fund, which will focus on clean energy projects across Southeast Asia.
Ekuinas completes buyout of Tanjung’s marine vessel assets
Ekuinas, the Malaysian sovereign wealth fund, will buy the 76% of Tanjung Offshore’s marine vessel services arm it doesn’t already own for MYR220 million ($72.5 million) in cash. The asset, Tanjung Kapal Services (TKS), operates 16 offshore vessels...