Malaysia

Malaysia’s Sunway launches $2.7b takeover bid for IJM Corp

The offer prices IJM’s shares at 3.15 ringgit apiece, a 14.5% premium to the stock’s last close on Friday.

Glance has issued new preference shares worth $202.9m to InMobi and Google.

The project cost is estimated at $117m.

Over the past decade, $70b in PE investments have been made in data centre operators in APAC.

Najib was ordered to pay fines of $2.82b.

The deal provides an exit to CVC Capital Partners.

Boost operates an e-wallet and payments business in Malaysia.

As Malaysia moves into higher-value segments, the entire SE Asia region will benefit.

Kenanga becomes the largest institutional shareholder in Halogen Capital with 14.9% stake.

Startup funding to private market investments and trends, catch the week’s top headlines.