Kuala Lumpur

Malaysian startup Supahands wants to provide virtual assistants to Southeast Asian clients

Kuala Lumpur, Malaysia-based outsourcing startup Supahands wants to help Southeast Asian clients save time and gain focus for more important tasks by providing them with multi-lingual and home-based virtual assistants who can do various tasks for them.

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GrabTaxi closes Series A round to conquer Southeast Asia

Kuala Lumpur, Malaysia-based taxi app GrabTaxi closed its Series A round with more than $1 million from Singaporean state-owned investment firm Vertex Ventures to conquer Southeast Asia.

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Sime Darby picks up 70pct stake in Australian firm TFP Engineering in A$3.2M cash deal

Kuala Lumpur, Malaysia-based conglomerate Sime Darby Bhd, through its subsidiary Haynes Mechanical, picked up a 70% stake in Singleton, Australia-based mining machinery provider TFP Engineering for A$3.2 million (MYR9.5 million).

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China's Fosun Group invests $30.7M in Malaysian restaurant chain Secret Recipe

Chinese conglomerate Fosun Group invested CNY210.5 million ($30.7 million) in Kuala Lumpur, Malaysia-based restaurant chain Secret Recipe, according to a report by Shanghai's China Business News.

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BlackRock fund sells Singapore's Westin hotel to Daisho for $369M

BlackRock Inc's Asia Property Fund III is exiting its Westin hotel in Singapore to Tokyo-based property developer Daisho Group in a deal valued at S$468 million ($369 million).

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Thales Group to sign RM380 million deal with KTMB

The Thales Group announced that they are set to ink the deal with Malaysia's Keretapi Tanah Melayu Bhd (KTMB) tagged at RM380 million.

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