By Ka Kay Lum
Digi Malaysia current CEO Albern Murty will join Telenor Group’s executive management team and will be responsible for the Developed Asia cluster.
Grab’s expansion plans are expected to further heat up the market, dominated by Go-Jek’s food delivery service Go-Food, foodpanda, Deliveroo and dahmakan.
Vasudevan founded Creador in 2011, and has made 27 investments across South and Southeast Asia.
Alibaba said the new office was part of its effort to deepen strategic cooperation with Malaysia, where it has also established the first Electronic World Trade Platform (eWTP) hub outside China.
Citing non-fulfillment of conditions, GHL has now picked 6.1% in MPOS Global against the earlier planned 31.6% in a downsized deal.
The escalating scandal around troubled state-investment-fund 1MDB is turning bond funds against Malaysia.
Bintang Capital will focus on mid-sized companies based in the Asia Pacific.
Nazrin Hassan has been a strong supporter of Malaysia’s early-stage startups.
Andrew Tan, another former M&A banker at RHB, has joined Bintang as vice president of investments.
Munchy was 70 per cent owned by its founders while fund investor TAP Crunch Sdn Bhd with pension fund KWAP held the remaining 30 per cent stake.