Investments
Khazanah takes stake in travel search company Skyscanner
Khazanah Nasional has joined four other parties to invest a total of US$192mil in global travel search engine Skyscanner, for an undisclosed stake.
Infineon to invest US$233mil in Melaka
Infineon Technologies (Malaysia) Sdn Bhd said it will invest RM1 billion (US$233 million at current rates) in capacity expansion, innovation, and upgrading its manufacturing facilities in the state of Melaka.
Mavcap makes RM2.95mil investment in SimplyGiving.com
The Malaysian Government’s venture capital arm Malaysia Venture Capital Management Bhd (Mavcap) has invested RM2.95 million (US$690,000 at current rates) in social crowdfunding platform SimplyGiving.com.
ST Telemedia enters big data space with investment in US-based Datameer
ST Telemedia said it was the lead investor in San Francisco, California-based big data analytics and visualisation company Datameer’s US$40-million financing round, with Top Tier Capital Partners joining in.
Weinvest.net rebels against 'tyranny of choice'
Provides information on all MAS-approved products
Includes real estate listings and portfolio management tools
Fragile economic upturn continues in Asia Pacific: ACCA
The economic upturn in countries in Asia is still fragile, according to the Global Economic Conditions Survey for the first quarter of 2015.
Australia’s Cobra invests US$1mil in Malaysia’s Wine Talk
Sydney-based Cobra Group has agreed to invest US$1 million in Wine Talk's business for a 20% equity stake, the Malaysian online wine delivery service company said in a statement.
KL-based Frontier Digital Ventures moves into Myanmar with two investments
Frontier Digital Ventures said it has made two key investments in Myanmar – online automobile website MyanmarCarsDB online property website iMyanmarhouse.
Cradle starts co-investing for equity
In a significant development, Cradle Fund Sdn Bhd can now invest for equity instead of just giving grants. Leveraging on VCs, it is targeting amounts of between US$150,000 and US$300,000. Its chief executive Nazrin Hassan explains why.
Grove-backed Frontier Digital Ventures goes into ‘aggressive’ mode
Kuala Lumpur-based investment firm Frontier Digital Ventures, whose key investors include Catcha Group CEO Patrick Grove, has made its second investment. A. Asohan speaks to Grove and Frontier Digital Ventures CEO Shaun Di Gregorio.
