Myanmar

Telenor shuffles Asia management team, names new CEOs for Myanmar, Thailand

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Digi Malaysia current CEO Albern Murty will join Telenor Group’s executive management team and will be responsible for the Developed Asia cluster.

SE Asia turns new battle ground for food delivery as ride hailing apps step on gas

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.


Creador founder emerges as substantial shareholder in construction firm Gabungan AQRS

Vasudevan founded Creador in 2011, and has made 27 investments across South and Southeast Asia.


Chinese internet giant Alibaba deepens Malaysia presence with office in KL

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.


Malaysia’s GHL Systems truncates deal size in Vietnam’s MPOS Global

Citing non-fulfillment of conditions, GHL has now picked 6.1% in MPOS Global against the earlier planned 31.6% in a downsized deal.


Bond funds give Malaysia a wide berth as 1MDB debt rises to $250b

The escalating scandal around troubled state-investment-fund 1MDB is turning bond funds against Malaysia.


Malaysia’s Affin Hwang marks official launch of PE business with Bintang Capital

Bintang Capital will focus on mid-sized companies based in the Asia Pacific.


UPDATE: Malaysia’s Cradle Fund CEO Nazrin Hassan dies of blast injuries

Nazrin Hassan has been a strong supporter of Malaysia’s early-stage startups.


Malaysia’s Affin Hwang ropes in former RHB bankers for private equity push

Andrew Tan, another former M&A banker at RHB, has joined Bintang as vice president of investments.


CVC Capital acquires Malaysian snack brand Munchy; TAP-KWAP exit

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.