Business
Meta acquires Singapore-based startup Manus to bolster AI business
Meta Platforms has agreed to acquire Singapore-based artificial intelligence (AI) startup Manus, which makes an AI agent that it sells to…
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Acquires
Business
Sembcorp acquires Indian solar power project for S$246 million
The company’s gross renewable energy capacity installed and under development in India has now climbed to over 7.6 GW Sembcorp Industries…
Business
Mapletree acquires logistics facility in the Netherlands
Since entering the European logistics market in 2018, the group has amassed 82 logistics assets across eight countries Mapletree…
Business
Buffett acquires US$4.9 billion stake in Google parent Alphabet
WARREN Buffett’s Berkshire Hathaway acquired 17.9 million shares of Google parent Alphabet during the third quarter, while further…
Business
Centurion unit acquires Johor dorm operator for RM110.8 million, ups bed capacity by 25%
A unit of dormitory operator Centurion Corporation has acquired another dormitory operator in Johor for RM110.8 million (SG$33.2 million),…
Business
Independent director Chua Kee Lock acquires venture shares on open market
Over the five trading sessions from May 23 to May 29, institutions were marginal net sellers of Singapore stocks, with net institutional…
Business
GXS acquires fintech Validus’ Singapore business to boost business banking offerings
GXS Bank announced on Monday (Apr 14) that it has acquired digital lending platform Validus Investment’s Singapore business. The all-cash…
Business
Far East Orchard acquires Manchester purpose-built student accommodation site for £10.9 million
Far East Orchard announced on Thursday (Apr 3) that it will be acquiring a purpose-built student accommodation (PBSA) site in Manchester,…
Business
Digital Core Reit acquires 20% stake in Osaka data centre for 13.2 billion yen
The purchase is expected to be about 1.8% accretive to the Reit’s distribution per unit Digital Core Real Estate Investment Trust (Reit)…
Business
Nanofilm acquires 2 German companies for 3.1 million euros
The proposed acquisition aims to accelerate the group’s business expansion in Europe NANOFILM Technologies’ wholly owned subsidiary,…
Business
Fox Acquires Firm Behind Conservative and True Crime Podcasts
The Fox Corporation said on Monday that it had acquired Red Seat Ventures, a growing digital media company that has become a go-to partner…
Business
CapitaLand Ascott Trust acquires two freehold hotels in Japan for S$178.5 million
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget…
Business
CapitaLand Ascott Trust acquires two freehold hotels in Japan for 21 billion yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget…
Business
CapitaLand Ascott Trust acquires two freehold hotels in Japan for 21b yen
CAPITALAND Ascott Trust (Clas) has acquired two freehold limited-service hotels in Japan – ibis Styles Tokyo Ginza and Chisun Budget…
Business
Sats acquires remaining 15% stake in Sats Food Solutions (Thailand)
The unit will serve as a centre of excellence for large-scale fresh frozen production in the group’s food solutions network CATERING and…
Business
Mapletree Investments acquires logistics assets in UK, Spain for 315.1 million euros
REAL estate giant Mapletree Investments has acquired its first logistics property in the UK and 10 warehouses in Spain for a total of…
Business
Far East Orchard unit acquires additional stake in Woodlands Square for S$25 million
A UNIT of Far East Orchard (FEO) has acquired an additional stake in its commercial property in Woodlands for S$25 million. Woods Square,…
Business
Ong Beng Seng acquires 150,000 more shares in Hotel Properties for S$537,000
PROPERTY tycoon Ong Beng Seng has acquired 150,000 shares in Hotel Properties Limited (HPL) via an off-market transaction for S$3.58 per…
Business
Digital Core Reit acquires additional 15.1% stake in Frankfurt data centre
DIGITAL Core Real Estate Investment Trust (Reit), through its subsidiary Digital CR Singapore 5, completed its acquisition of an…