By Rozanna Latiff
Malaysian prosecutors charged the second former Goldman banker, Roger Ng, a Malaysian, with four counts of abetting the bank to provide misleading statements in the offering prospectus for the bonds that the bank helped sell for 1MDB.
CVC bought Kuala Lumpur, Malaysia-based Nirvana for $1.1 billion in 2016, betting on increased demand for luxury funerals in the region.
AirAsia Group entered into a share sale agreement with AirAsia Bhd and AirAsia Investment Ltd to acquire nine non-airline digital businesses as well as their subsidiaries.
IHH Healthcare said that is is currently evaluating the order and seeking appropriate legal advice.
Goldman Sachs has been under scrutiny for its role in helping raise funds through bond offerings for 1MDB.
The transaction is expected to be completed by the first quarter of 2019.
Early-stage global venture capital firm DCM has promoted Ray Zhao in China and Kyle Lui in the US as partners.
Krishnan, Malaysia’s fifth-richest person, has been shifting his focus to domestic investments after Aircel Ltd., an Indian wireless operator he controls, filed for bankruptcy protection this year.
Creador IV is on track to achieve a final close at its $550-million hard cap by January 2019.
The two largest M&A transactions in 2018 were done by Khazanah.