“Malaysia is a key target market for KKR,” added Mr. Lu. “In our opinion it has differentiated demographics with a young and growing population, has its own natural resources, has a strong banking system with a relatively balanced economy, and strong opportunities for growth and productivity.”KKR has a long track record of success in Southeast Asia, having invested nearly US$1.5 billion in companies based in this region since 2005. KKR’s investment in Weststar represents its first investment from the KKR Asian Fund II, the recently-closed US$6 billion fund dedicated to pan-Asian private equity transactions.
KKR Invests In Weststar Aviation Services
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