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HONG KONG: A flurry of private equity funds buying commercial property in China is reviving syndicated loan volumes in the region.
KUALA LUMPUR: Finance Minister Lim Guan Eng’s funding allocation for three private colleges is “miserable” compared to the millions of ringgit taken away from Tunku Abdul Rahman University College (TAR UC), said MCA secretary general Datin Paduka Chew Mei Fun.
KUALA LUMPUR: The Employees Provident Fund (EPF) has targeted to increase its private equity (PE) allocation to above 3% over the next 10 years from 2% currently.
PETALING JAYA: CIMB Group Holdings Bhd. has hired seven people recently at its private bank in Singapore, according to a person familiar with the matter, as it seeks to become one of the top 20 Asian players in the sector
GENEVA: Benjamin de Rothschild’s family plans to take its Swiss bank private as it simplifies the group’s legal structure and prepares it for expansion, which may include acquisitions.