ShawKwei & Partners reviving sale of component maker Beyonics

Bloomberg
Bloomberg5/27/2021 10:6 AM GMT+08  • 2 min read
ShawKwei & Partners reviving sale of component maker Beyonics
The private equity firm had started the sale process of Beyonics last year but had put it on hold.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Photo: Bloomberg

Private equity firm ShawKwei & Partners is reviving a sale of precision manufacturer Beyonics Technology, according to people familiar with the matter.

The buyout firm started the sale process last year but put it on hold later, said the people, who asked not to be identified as the information is private. ShawKwei & Partners has recently resumed working with Morgan Stanley and has reached out to private equity firms and others in the technology sector to gauge their interest, the people said. Non-binding bids are expected to be submitted this summer, they added.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.