KUALA LUMPUR, March 23 (Bernama) — Mergers and acquisition (M&A) activities in Malaysia rebounded in 2021 after a minor slump in the preceding year, with a total of 31 disclosed transactions worth US$1.63 billion recorded, said KPMG Malaysia.<\/p>\n\n\n\n
It said that since the pandemic, Malaysia\u2019s business landscape has undergone significant changes as businesses sought to re-examine and optimise their corporate portfolios in the pursuit of growth and recovery.<\/p>\n\n\n\n
Head of advisory, Chan Siew Mei said M&A activities\u00a0increased across all sectors in 2021 due to delayed closings and stronger investor confidence.<\/p>\n\n\n\n
“We anticipate this momentum to continue through 2022 even as Malaysia transitions towards the endemic phase beginning\u00a0April 1,\u2019\u2019 she said in a statement today.<\/p>\n\n\n\n
Recent high-value transactions include the US$367 million (US$1=RM4.21) deal in the asset management subsector, where Affin Bank Bhd agreed to transfer its controlling stake in Affin Hwang Asset Management Bhd to Luxembourg-based private equity fund, CVC Capital Partners.<\/p>\n\n\n\n
\u201cThis\u00a0continued interest could bode well for\u00a0unit trust funds and Islamic funds,\u00a0<\/em>both of which have seen significant growth in the market,\u2019\u2019 she said.<\/p>\n\n\n\n We have already seen some notable M&A deals to date within the FS sector, and we can expect discerning businesses to seize further M&A opportunities within this sector.<\/p>\n\n\n\n \u201cInvestors are more confident now in planning for the long-term, and we anticipate more exciting prospects will arise in the years to come,\u2019\u2019 said Chan.<\/p>\n\n\n\n — BERNAMA<\/p>\n\n\n\n <\/p>\n","protected":false},"excerpt":{"rendered":" KUALA LUMPUR, March 23 (Bernama) — Mergers and acquisition (M&A) activities in Malaysia rebounded in 2021 after a minor slump in the preceding year, with a total of 31 disclosed transactions worth US$1.63 billion recorded, said KPMG Malaysia. It said that since the pandemic, Malaysia\u2019s business landscape has undergone significant changes as businesses sought to re-examine and optimise their …<\/p>\n","protected":false},"author":2,"featured_media":1593,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[19,33],"tags":[86,24,460],"class_list":["post-1690","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-business","category-malaysia-news","tag-economy","tag-finance","tag-mou-trade"],"_links":{"self":[{"href":"https:\/\/unclekentang.com\/bi\/wp-json\/wp\/v2\/posts\/1690","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/unclekentang.com\/bi\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/unclekentang.com\/bi\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/unclekentang.com\/bi\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/unclekentang.com\/bi\/wp-json\/wp\/v2\/comments?post=1690"}],"version-history":[{"count":1,"href":"https:\/\/unclekentang.com\/bi\/wp-json\/wp\/v2\/posts\/1690\/revisions"}],"predecessor-version":[{"id":1691,"href":"https:\/\/unclekentang.com\/bi\/wp-json\/wp\/v2\/posts\/1690\/revisions\/1691"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/unclekentang.com\/bi\/wp-json\/wp\/v2\/media\/1593"}],"wp:attachment":[{"href":"https:\/\/unclekentang.com\/bi\/wp-json\/wp\/v2\/media?parent=1690"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/unclekentang.com\/bi\/wp-json\/wp\/v2\/categories?post=1690"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/unclekentang.com\/bi\/wp-json\/wp\/v2\/tags?post=1690"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}