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KUALA LUMPUR: Reach Energy Bhd, the fourth and largest special purpose acquisition company (SPAC) to be listed on Bursa Malaysia, expects to secure its first oil and gas asset within one to two years of its initial public offering (IPO).
Beijing: Chinese ecommerce giant Alibaba Group Holding Ltd may have dominated online retail on personal computers, but is some way from replicating that leadership in shopping by smartphone and other mobile devices.
AFTER tightening its anti-money laundering rules, Singapore is taking more steps to strengthen its position as a wealth management centre.
SINGAPORE/BEIJING: As China's aviation market booms, local aircraft leasing companies are raising funds in finance hubs like Hong Kong and Singapore in a bet they can win market share from the international players that dominate the industry.
When a fast-growing private equity firm co-founded by Jack Ma sought funding from institutional investors for the first time in early 2013, almost all had one major concern, its chairman said: was the firm independent from Ma, the influential executive chairman of Alibaba Group Holding, China's e-commerce giant.