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KUALA LUMPUR: Here is a recap of the corporate announcements that could move stock prices today.
PETALING LAYA: CCK Consolidated Holdings Bhd (CCK) has signed an agreement with Astrantia Sdn Bhd, a special purpose vehicle company of Creador Sdn Bhd, where in Astrantia will make a RM170.3mil investment to acquire a 40% stake in CCK's subsidiary, PT Adilmart.
MALAYSIAN private equity firm Creador Sdn Bhd has invested billions of pesos into Asialink Finance Corp. (Asialink) to help expand its lending capacity to small-scale and medium-sized enterprises (SMEs). “With Creador, Asialink is primed for further growth to help the largely the unbanked part of the business community. This partnership…
MR DIY PETALING JAYA: Homegrown private equity firm Creador Sdn Bhd is on a tear. As it brings to market today the largest listing of the year in the form of CTOS Digital Bhd, the fund has also just hit another record. It has raised US$500mil (RM2.1bil) in just four months of pitching to investors for its latest fund and that too is all done electronically, without the benefit of face-to-face meetings, a source said. The sum raised in the four months for this fund is a record “first close” of Creador, which was founded by its chief executive officer Brahmal Vasudevan.
KUALA LUMPUR, June 10 — Private equity firm Creador Sdn Bhd is acquiring a 30 per cent stake in Loob Holding Sdn Bhd, which owns the Tealive bubble tea brand. In a statement today, Creador founder and chief executive officer (CEO) Brahmal Vasudevan said the firm chose Loob to be its first...