SP Setia to acquire I&P Group from PNB and ASB for RM3.5 bln

S P Setia Berhad (S P Setia), Permodalan National Berhad (PNB) and Amanahraya Trustees Berhad (as trustee for Amanah Saham Bumiputera)(ASB) had entered into a non-binding Memorandum of Intent (MOI) to commence negotiations on the proposed acquisition by S P Setia of the entire equity interest in I&P Group Sdn. Berhad (I&P Group), which has …

LaSalle launches its fifth Asia Opportunity V fund,target markets Japan, Australia, China, Singapore and Hong Kong

LaSalle announced the launch of LaSalle Asia Opportunity V (“the Fund”), the fifth in its series of closed-end, pan-Asia opportunistic funds. LaSalle is targeting a first close of US$300-US$400 million in October and currently has executed/pending commitments from existing institutional investors in North America and Europe representing more than half of this target. The total …