By Mars Woo
The latest funding round was joined by Cana Asia Limited, Spiral Ventures, and Cradle Fund.
Malaysia-headquarted CMS Opus Private Equity Monday said it had rebranded to COPE Private Equity, and added that as it prepares for ‘next chapter of growth’, the name change would represent a ‘fresh identity and perspective’. Established in 2005, COPE Private Equity said it has assets under management (AuM) of over… Read more »
The acquisition of Aspion makes Top Glove one of the world’s largest surgical glove manufacturers.
The proposed acquisition would give BM Mobility the Malaysian dealership rights for the car sharing business.
Ekuinas had invested in APIIT in 2011, buying a 51 per cent stake from Sapura Resources Bhd and in 2016 took over the remaining 49 per cent.
Sale plan follows disposal of MyMydin convenience and closing of KR1M stores by Mydin last year
The KL-based company may invite banks to formally pitch for a role on the deal this quarter.
Texas Atlantic Capital, Swiss family office Atami Capital, and former founder of PE Fund APAX Partners joined the new round.
Samling is working with advisers to explore a possible dual listing of the business in Kuala Lumpur and Singapore later this year.
Malaysia will be the first overseas market for the South Korean startup.