2024 will see Indonesian tech startups balance growth and profitability goals
Funding will continue to gravitate towards more profitable companies and those involved in areas related to sustainability.
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Funding will continue to gravitate towards more profitable companies and those involved in areas related to sustainability.
Where are the high-growth companies aiming to go public when major economies, including the United States, are still struggling to regain their footing?
SINGAPORE :Malaysia's largest asset manager, Permodalan Nasional Bhd (PNB), is considering merging Sime Darby Motors and Perusahaan Otomobil Kedua (Perodua) to create a local automotive giant worth over 10 billion ringgit (US$2.15 billion), two sources said. State-owned PNB is talking to advisers to explore o
PNB, which manages over 300 billion ringgit of assets, could drive such a deal as it is the biggest shareholder in Sime Darby Motors' parent, Sime Darby, owning almost a 50% stake and is also the largest shareholder in Perodua's top stakeholder UMW.
Malaysia's Permodalan Nasional Bhd (PNB) is considering merging Sime Darby Motors and Perusahaan Otomobil Kedua to create a local automotive giant.