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Analysis

XL Axiata, Smartfren said to have appointed underwriters for $3.45b telecom merger

Smartfren may have appointed CIMB, while XL Axiata may rope in Citigroup.

  • Just In
  • Trending

India Digest: Finova Capital in talks to raise over 90m; Nazara to invest in Pokerbaazi Parent

Japan’s Seven & i classified as ‘core’ to national security amid buyout drama

Sinar Mas Land’s Living Lab Ventures eyes investments in universities, hospitals

MBK Partners, Young Poong launch $1.5b tender offer for Korea Zinc shares

OpenAI launches new series of AI models with ‘reasoning’ abilities

More Stories

Liquidity crunch stalls fundraising for SE Asia-focused PE funds in H1

[Updated] The curious case of MoneyHero’s bid for MoneySmart

Indonesia’s Sinar Mas, LG CNS JV to build $300m data centre in Jakarta

Mr DIY eyes $300m IPO of Indonesia unit late this year

Hillhouse, GIC, Temasek said to be in talks to invest in Midea’s HK offering: Report

Deals

CIMB, J Trust in race for Indonesia’s Bank Commonwealth

Deal could value the lender at $400-500m, sources said.

IPOs & Markets

Malaysian telecom infra firm OMS puts $300m IPO on hold

OMS had planned the IPO on Bursa Malaysia this year and had worked with banks including CIMB.

Deals

CIMB’s e-wallet venture with Ant Group to close fundraising by mid-year

Touch 'n Go Sdn Bhd owns 51% of TNG Digital while Ant Group holds 49%.

Deals

Malaysia’s CIMB alleges ‘suspicious’ Hontop Energy oil deals with BP

Singapore’s High Court has appointed an independent supervisor to oversee the restructuring of Hontop Energy. 

Policy & Regulations

Grab, Razer, AirAsia, Axiata exploring bids for Malaysia digital bank licence

Across Asia, regulators are opening up banking to new digital players, encouraged by a boom in mobile connectivity.

People

CIMB said to appoint Jefferi Hashim as next investment banking CEO

Jefferi, currently deputy CEO of the investment bank, will start his new position in March.

Deals

PH Digest: Grab partners SM to expand GrabPay; CIMB sets up banking business

Grab's partnership with SM will expand the mobile wallet's usage beyond transport and deliver services.

People

CIMB chairman Nazir Razak, Malaysia’s ex-PM’s brother, to resign

After leaving CIMB, Nazir may focus on a private equity fund known as Ikhlas Capital he set up recently with several well-connected figures.

People

Female investment bankers in Malaysia are shattering the glass ceiling in their heels

Malaysia, a predominantly Muslim country better known for its recent political turbulence than its gender diversity, now has female bosses at three

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