Informing our members on the latest issues and business opportunities in Malaysia and the region
10 - 11 November 2016, Kuala Lumpur Convention Centre
The largest convergence of Australian business chambers and businesses in Asia.
Lasseters in JV with Bursa-listed developer for hotel project in Malaysia
LASSETERS International Holdings Limited has, through two wholly owned subsidiaries, entered into a joint venture with Bursa-listed Paramount Corporation Berhad (PCB) to jointly develop, own and operate a hotel in Glenmarie, Shah Alam, Malaysia. With an estimated project cost of RM55 million (S$18.5 million), the proposed hotel is part of a planned 21.7-acre metropolis...
Navis Capital sells WorldMark stake to Australia’s Quadrant PE
Malaysia-based private equity firm Navis Capital Partners has reached a deal to sell its interest in WorldMark Group Holdings to Australia’s Quadrant Private Equity, the company announced in a statement. Navis said it has signed definitive documentation to sell to “funds advised by Australian private equity firm Quadrant Private Equity” but did not disclosed the buyers and the financial terms of the deal.
Australia keen to work closely with Sarawak
The Australian government is keen to work closely with Malaysia, particularly the Sarawak government, in various fields to further strengthen cooperation and ties between Australia and Sarawak. Australian High Commissioner to Malaysia .Rod Smith said while both Australia and Malaysia enjoyed a strong foundation in relations and cooperation, they could still further...