Golden Skies Ventures has secured financing for the deal from an undisclosed European bank.

The post Malaysian firm offers $2.5b for Khazanah-backed ailing state carrier appeared first on DealStreetAsia.

The company plans to complete as many as seven mergers and acquisitions over the next two years.

The post Malaysian drone firm Aerodyne to seize global M&A opportunities amid virus turbulence appeared first on DealStreetAsia.

GSV submitted its proposal last month to Morgan Stanley, which Khazanah has hired to manage the airline’s search for a strategic partner.

The post Khazanah sceptical about GSV’s $2.5b offer for Malaysia Airlines appeared first on DealStreetAsia.

The program will provide 20-40 million ringgit to Malaysian companies looking for capital.

The post Malaysia’s COPE Private Equity launches $41m program to back local businesses appeared first on DealStreetAsia.

The Malaysian government has been seeking a strategic partner for its financially ailing national airline.

The post Malaysia Airlines, Khazanah in talks with government to seek more funds appeared first on DealStreetAsia.

The US Department of Justice last year said it had recovered $1 billion in assets associated with the corruption scandal, its largest-ever civil forfeiture.

The post US returns another $300m of recovered 1MDB funds to Malaysia appeared first on DealStreetAsia.

It was the company’s first bond sale since a $5 billion offering in March 2015.

The post Malaysia’s state oil giant Petronas raises $6b in first bond offering in five years appeared first on DealStreetAsia.

Hoow Food previously raised S$1.7 million in a seed round led by F&B player Killiney Group and joined by TRIVE.

The post SEA Digest: SG’s Hoow Foods nabs funds; ScaleUp Malaysia backs 10 firms appeared first on DealStreetAsia.

Bursa Malaysia said both exchanges would collaborate on several areas of mutual interest aimed at strengthening ties and promoting the flow of investment.

The post Malaysia, Shenzhen stock exchanges sign MoU to improve cross-border collaboration appeared first on DealStreetAsia.

Divestment activity jumped nearly four times to $145.03 million from $36.99 million a year ago, SC data shows.

The post Malaysia’s PE, VC sector sees slight dip in total fund commitment in 2019 appeared first on DealStreetAsia.

A possible merger between MAB and AirAsia was considered even last year.

The post AirAsia, Malaysia Airlines merger an option as COVID-19 batters industry appeared first on DealStreetAsia.

Lalamove is set to offer food delivery service at zero commission for food merchants in Singapore. 

The post Surge in food delivery demand amid COVID-19 lockdown whets appetite of new players appeared first on DealStreetAsia.

The firm is offering 5 per cent of its existing outstanding shares, priced at a discount between 1.49-1.52 ringgit per share.

The post Malaysia’s Serba Dinamik to raise $53.5m for gearing, working capital appeared first on DealStreetAsia.

The deal marks Sunway Berhad's foray into financial technology (fintech) space. 

The post Sunway Group to buy 51% stake in Credit Bureau Malaysia appeared first on DealStreetAsia.

The digital adoption rate of SMEs in Malaysia remains low and its e-commerce industry is still in its infancy.

The post Malaysia’s ambition to become a digital economy hub still at the halfway mark appeared first on DealStreetAsia.

V Capital has also become Cross River Bank's strategic partner in the Southeast Asia region.

The post V Capital teams up with Cross River Bank, eyes digital banking licence in Malaysia appeared first on DealStreetAsia.

The 2022 target is a part of the fund's diversification strategy of its asset classes.

The post Malaysia’s PNB seeks to raise global exposure to 30% by 2022 appeared first on DealStreetAsia.

SC will facilitate the online distribution of capital market products such as unit trusts.

The post SC Malaysia allows distribution of capital market products via e-service platforms appeared first on DealStreetAsia.

Philippines-based cloud kitchen startup CloudEats has secured $1.4 million in a seed funding round led by an undisclosed local family office.

The post SEA Digest: CloudEats bags seed funding; LinkAja launches sharia service appeared first on DealStreetAsia.

The three firms are working with FB to apply for regulatory approval to launch the service in the country.

The post Facebook in talks with GoPay, OVO, LinkAja for mobile payments launch appeared first on DealStreetAsia.

The VC, however, has shelved its plans to launch its next fund that was slated to invest in B2B, among others.

The post Indonesian VC Everhaus backs goKampus, ReCharge; plans evergreen fund appeared first on DealStreetAsia.

The number of deals touched 146 in the first quarter this year, compared to 127 in the same period last year.

The post Southeast Asia’s startups raised $2.9b in Jan-March, up 3% from Q1 last year appeared first on DealStreetAsia.

RedDoorz said it was unable to fulfil its commitments on its contracts due to COVID-19 outbreak

The post [Updated] Hotel operator RedDoorz declares force majeure in Indonesia appeared first on DealStreetAsia.

Akulaku and Mintos are said to have reached an agreement on a restructured repayments schedule.

The post [Updated] Global P2P platform Mintos suspends Indonesia’s Akulaku over late payments appeared first on DealStreetAsia.

MassMutual Ventures SEA, MDI Ventures and Central Capital Ventura also joined the round.

The post SE Asian insurtech startup Qoala raises $13.5m led by Centauri Fund appeared first on DealStreetAsia.

CCOF has made an equity investment in Mumbai-based Lucro and extended debt to Indonesia'sTridi Oasis.

The post Circulate Capital invests $6m in plastic recycling players in India, Indonesia appeared first on DealStreetAsia.

BFI Finance is 45.7% owned by a consortium comprising private equity firms TPG and Northstar Group.

The post Italy’s Compass Banca drops plan to buy stake in Indonesia’s BFI Finance appeared first on DealStreetAsia.

MNC as well as Link Net’s shareholders could not reach an agreement by the end of April 2020.

The post Indonesia’s MNC Vision drops plans to acquire CVC-backed Link Net appeared first on DealStreetAsia.

There are several logistics deals in the pipeline that would likely be closed as early as by June.

The post Indonesia’s B2C logistics startups see deal traction as demand soars for last-mile services appeared first on DealStreetAsia.

"Troops resolve such issues mutually as per established protocols. Such an incident occurred after a long time," said a source.

“Let shopkeepers sell their wares and provide services. Let construction workers return to building sites. Allow farmers to harvest their crops and to transport them to be sold on the open market,” the authors wrote, while arguing that restrictions should be placed only in clusters which report higher number of cases.

For a while, the international mission looked like it might have to be called off, as country after country went into lockdown because of the virus, scuppering plans to bring fresh supplies and crew to the German research vessel Polarstern that's been moored in the high Arctic since last year.

Caldevilla-Domínguez, David and Barrientos-Báez, Almudena and Fombona-Cadavieco, Javier Evolución de las relaciones públicas en España. Artículo de revisión // Evolution of public relations in Spain. Review article. El profesional de la información, 2020, vol. 29, n. 3. [Journal article (Unpaginated)]

Lewis Hamilton laid down a important marker ahead of qualifying for the Italian Grand Prix, setting a quickest time of 1:22.498 to finish ahead of Sebastian Vettel and the Ferraris of Fernando Alonso and Felipe Massa on a glorious sunny morning at Monza

Both Mercedes drivers said that their respective grid positions were the best they could have accomplished under the circumstances

Vitaly Petrov has been slapped with a five-place grid penalty for holding up Timo Glock during qualifying for the Italian Grand Prix

HRT has confirmed that the mechanic involved in a serious looking pit lane incident during the Italian Grand Prix is not badly injured

Lewis Hamilton admitted that his McLaren still needs a little more downforce after he finished fourth fastest behind the Red Bulls and Fernando Alonso's Ferrari in Friday free practice

Jenson Button blamed a poor balance in his McLaren for failing to make the final session of qualifying at the Brazilian Grand Prix and lining up 11th for Sunday's race

Although they may have been bitter rivals for the majority of the 2010 season, there is a deep respect between McLaren and Red Bull according to Martin Whitmarsh

Mark Webber will not start from the front row of the grid at the Canadian Grand Prix, after Red Bull decided to change his gearbox on Sunday morning

Lewis Hamilton led home Jenson Button for a McLaren 1-2 after the team got its strategy spot on in Montreal

Tonio Liuzzi believes his first lap clash with Felipe Massa at the Canadian Grand Prix was a racing accident but admitted it cost him dear

Felipe Massa was left to ponder what might have been after two separate racing incidents ruined his chances of a points finish

McLaren team principal Martin Whitmarsh believes Formula One should consider immediate rule changes to spice up the racing, after the Bahrain Grand Prix proved the new regulations had done very little to ease overtaking

After all the pre-season expectation, the press wasted no time in slamming the new regulations which reduced the Bahrain Grand Prix to something of a procession

Red Bull has revealed that the problem that cost Sebastian Vettel near certain victory at the Bahrain Grand Prix was in fact due to a faulty spark plug rather than a cracked exhaust

David Coulthard has pointed his finger at former FIA president Max Mosley after Sunday's processional start to the 2010 season in Bahrain

Red Bull Racing driver Mark confessed himself "shocked" by the lack of overtaking at the season's opening Bahrain Grand Prix

Mark Webber believes the narrower front tyres introduced this season to improve the car's balance were key to the lack of overtaking at the Bahrain Grand Prix