Maybank invested on technology firms across four Southeast Asian countries to help its business processes.
Deals
Diageo Secures Position in India through Control over United Spirits
Diageo Plc, the world's largest distiller acquired control of United Spirits Ltd (UNSP), a well-known maker of Bagpiper whiskey in India.
ECI Partners sells Clinisys to Montagu
ECI Partners exited Clinisys. (Photo : Reuters)This is the logo of ECI. ECI Partners, among the most successful private equity groups based in the United Kingdom, exited CliniSys.
Transpetrol Backs Out Of Joint Venture
Stolt-Nielsen Limited announced the withdrawal of Transpetrol from joint venture (Photo : Reuters)Stolt-Nielsen Limited announced Transpetrol's withdrawal from joint venture Stolt-Nielsen Limited made the announcement that Transpetrol Gas Holdings Limited (Transpetrol) opted to buy back gas carriers that they sold to Avance Gas Holding Ltd (AGHL).
Garland's 888 Fund seeks China's super rich
John Garland created an 888 Fund which aims to attract the wealthiest investors in Asia. (Photo : Reuters)This is an Australian dollar. John Garland, a businessman from Perth, Australia, formed an investment fund in an attempt to attract Asia's wealthiest investors to the Australian market.
Latest News
Provincial Government of Alberta Canada made arrangements to ship oil via TransCanada pipeline (Photo : Reuters)Provincial government of Alberta government agreed to transport oil via TransCanada pipeline Canada's province of Alberta, having the world's third largest crude reserves, made a deal with TransCanada Corp (TRP) to ship oil via pipeline for C$5 billion.
The African Development Bank conducted feasibility studies on Northeast African projects. (Photo : Reuters)This is the Nile River in modern times. African Development Bank's energy sector official Khalid Al Askari said today that the bank have conducted studies on a planned electricity link investment project spanning three countries - Ethiopia, Sudan, and Egypt.
According to sources, Barclays PLC, Citigroup Inc and JPMorgan Chase & Co. are set to manage Eastern Europe's largest budget carrier, WIzz Air's initial public offering.
Sindh chief minister urged foreign and local investors to invest in the region's several industries.
An estimated 84 megawatts of power will be generated after a pipeline investment is made in the Gulf region.
Investor Eduardo Elsztain withdraws his support for IDB Holding. (Photo : Reuters)This is Argentinian investor Eduardo Elszatain. Argentinian investor Eduardo Elsztain withdrew his planned backing of IDB Holding Corporation, a member of Nochi Dankner's portfolio of companies.
Telefonica SA, Spain's top broadband and telecommunications provider plans to hold off initial public offering of Colombia division because of government talks.
Temasek, a Singaporean sovereign wealth fund, posted a portfolio gain citing good investments as reason.
Capstone Infrastructure and Shares of Renewable Energy agreed to exchange shares to form a combined entity that was not only well-funded but also diverse.
