PETALING JAYA: Private equity (PE) activities in South-East Asia, impacted by macro uncertainty, rich valuations and high competition, have dwindled to its worst ever performance since 2004.
The total deals value for last year was US$4.2bil (RM17.2bil), down from US$7.5bil in 2014 and about one-third of the five-year average, according to a study by Bain & Company.
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