An Eventful Year For Malaysian Corporate Scene In 2017
By Christine Lim May Yu
KUALA LUMPUR, Dec 26 (Bernama) — It has been an eventful year for corporate development in 2017 with major movers and shakers in the motor vehicle, energy, plantation, aviation and banking industries jolting the local scene.
During the year, companies consolidated their positions and embarked on deals to strengthen their financials and gain further market shares as well as competitiveness.
Malaysia witnessed merger & acquisition (M&A) deals valued at US$17.6 billion (US$1 = RM4.07) in 2017, the highest in the past five years, according to Duff & Phelps Transaction Trail 2017.
The report by the global valuation and corporate finance advisor looked at M&As, private equity and venture capital deals and initial public offerings in Singapore, Malaysia and Indonesia.
The energy sector continued to witness high deal value activities for inbound M&As and real estate being the top sector for domestic M&As…..