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Deleum Acquires PT OSA to Meet Southeast Asia’s Valve Demand

Deleum Bhd has strengthened its capacity to capture the rising demand for valve solutions by acquiring a 70% stake in Indonesia-based PT OSA Industries...

MBSB Completes Merger, Emerges as a Powerhouse in Islamic Banking

Malaysia Building Society Berhad (MBSB), has announced the completion of its acquisition of the entire equity stake of Malaysian Industrial Development Finance Berhad (MIDF)...

StorHub Group Acquires Malaysian Self Storage Leader Flexi Storage

StorHub Group, the largest and longest-established self storage operator in Singapore, has acquired a majority stake in Malaysian self storage leader Flexi Storage. This...

Econframe Acquires New Subsidiaries to Expand Business

Econframe Bhd, the leading provider of total door system solution for property development announced its new expansion plans in 2023 and beyond through business...

Doctor Anywhere Acquires Asian Healthcare Specialists, Gets Additional US$38.8 Million Funding

Doctor Anywhere (DA), a regional tech-led healthcare company headquartered in Singapore, announced that it has acquired Catalist-listed Asian Healthcare Specialists, an integrated healthcare provider...

UOB Malaysia, Citi Malaysia Receive Greenlight for Acquisition

UOB Malaysia and Citi Malaysia today have received regulatory approval by Bank Negara Malaysia for UOB’s acquisition of Citi’s consumer banking business in Malaysia. Following...

Funding Societies Acquires CardUp, Drives Payment Expansion

Funding Societies is buying over regional payments solution, CardUp, for an undisclosed amount, subject to regulatory approvals. It has proposed to acquire CardUp’s payments...

Liberty Insurance Receives Nod for Proposed Acquisition of AmAssurance

Liberty Insurance Bhd (LIB), a subsidiary of Liberty Mutual Insurance (Liberty), has received approval from the Minister of Finance to acquire AmGeneral Insurance Bhd...

Temasek Acquires British Tech Firm for US$7 billlion

Singapore’s state investment fund Temasek is acquiring a British tech firm that tests materials in a wide range of industries to ensure they are...

UOB Acquires Citigroup’s Consumer Banking Business

United Overseas Bank Ltd (UOB) has signed agreements to acquire Citigroup’s consumer banking businesses comprising its unsecured and secured lending portfolios, wealth management and...

Nvidia Asks Chinese Regulators to Approve $40 Billion Arm Deal

Nvidia Corp has submitted an application to Chinese competition regulators to review a $40 billion takeover of UK chip designer Arm, the Financial Times...

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