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Insights
13-Sep-19 Malaysia's Hong Leong Financial and PE firm TPG will acquire Columbia Asia Hospitals in Southeast Asia for USD1.2 bn. They will own Columbia's 17 hospitals in Malaysia, Indonesia and Vietnam, but not its 11 hospitals in India. [image: New Traits Times]
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19-Aug-19 Singapore’s Blue Planet has acquired Globecycle Holding, a Malaysian company that specializes in handling industrial waste, for an undisclosed sum. This acquisition adds to Blue Planet’s portfolio a sustainable solution to manage both hazardous and non-hazardous waste. [image: Reuters / Edgar Su]
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Insights
16-Aug-19 COSCO Shipping is expanding its logistics operations in Malaysia with the proposed acquisition of Gem Logistics, Dolphin Shipping and East West Freight Services. The company also plans to lease land at Port Klang to construct a 300,000 sqf warehouse. [image: Supply Chain Asia]
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08-Aug-19 Dutch bank ING, Thanachart Capital and the Thai Finance Ministry are expected to hold 21%, 20% and 18% respectively in TMB-Thanachart Bank, the new bank born from the consolidation of TMB Bank and Thanachart Bank. Canada's Scotiabank will own 5%. [image: Bangkok Post]
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Insights
06-Aug-19 Amazon is reported to be in talks to acquire 26% of Reliance Retail. Reliance, which serves 5 million customers a week, was previously in talks with China’s Alibaba but the deal fell through because of differences in valuation. [image: Shutterstock / Retail In Asia]
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