malaysia

Co-investors in the take-private deal for the healthcare firm include 65 Equity Partners, the Employees Provident Fund and China’s Silk Road Fund.

The funds will be mobilised to support initiatives such as the Asean Power Grid, in collaboration with four Malaysian banks.

Investment bank Kenanga has launched warrants tracking the Hang Seng China Enterprises Index and Tech Index, which saw a trading volume of $48.9m in their first week.

Pei-Si Lai, CEO of GXBank, Malaysia's first digital banking firm, will take over from Muthukrishnan Ramaswami, who is retiring, at the beginning of June.

The tech giant plans to open a cloud region to help boost the country’s digital economy, where the government wants to enhance its AI capabilities and to create 3,000 smart factories by 2030.

PE firm Affinity Equity Partners has sold its 78% stake in the Penang-based private hospital, as medical tourism booms in Malaysia.

The deal was the first public Tier 2 sukuk transaction in the Malaysian market issued by a foreign-owned bank.

The German bank is targeting clients, including fund managers, who want Shariah custody as regional demand grows and cross-border Asean capital flows increase.

Malaysia’s Joint Committee on Climate Change (JC3) met last month to outline five initiatives to expedite the market’s transition to net zero. FA spoke to experts to assess the regulatory environment that Malaysia is working to cultivate, in support of climate-conscious investment.