Business
Wilmar International to acquire India’s Adani Group’s 31.06% stake in consumer goods joint venture
WILMAR International announced on Monday (Dec 30) that it will acquire Indian multinational conglomerate Adani Group’s remaining stake in…
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stake
Business
Wilmar International to acquire India’s Adani Group’s 31.06% stake in consumer goods joint venture for S$2 billion
WILMAR International announced on Monday (Dec 30) that it will acquire Indian multinational conglomerate Adani Group’s remaining stake in…
Business
OCBC sells stake in Hong Kong Life Insurance for HK$589.3 million
The sale is not expected to have an impact on the group’s net tangle assets or earnings per share OCBC has agreed to sell its entire stake…
Business
Bank Indonesia’s 25% stake in bond market fuels liquidity fears
INVESTORS in Indonesia are growing increasingly wary about potential stress in the nation’s bond markets as the central bank ramps up debt…
Business
OUE Reit divests entire stake in Shanghai property owned by Indonesia’s Lippo Group
OUE Real Estate Investment Trust (Reit) is set to sell its entire stake in Lippo Realty, a real estate service provider that manages and…
Business
OUE Reit divests entire stake in Shanghai office property for 1.9 billion yuan
OUE Real Estate Investment Trust (Reit) is set to sell its entire stake in Lippo Realty, a real estate service provider that manages and…
Business
CapitaLand Investment sells 4.9% stake in CapitaLand Ascott Trust for S$162 million
PROPERTY investment manager CapitaLand Investment (CLI), through its subsidiary The Ascott Ltd, has sold its stapled securities in…
Business
Foxconn said to have approached Nissan to take controlling stake
HON Hai Precision Industry, the Taiwan-based manufacturer of iPhones and other electric products known as Foxconn, has approached Nissan…
Business
Prudential is said to consider selling stake in Eastspring
PRUDENTIAL is considering options including selling a minority stake in its asset manager Eastspring Investments to help broaden the…
Business
Keong Hong unit to sell stake in Katong Holdings for S$34.5 million
The group intends to utilise the net proceeds from the divestment for its working capital requirements and potential business opportunity…
Business
China mulls moving Cinda stake to sovereign wealth fund in weeks
THE Chinese government plans to transfer ownership in one of the nation’s biggest bad-debt managers to a unit of its sovereign wealth fund…
Business
GIC Picks JPMorgan to advise on US$5 billion Greenko stake sale
GIC is working with JPMorgan Chase to help advise on a strategic review of options including a sale of its 50 per cent stake in India’s…
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…
Politics
Gold, prices, and jobs: What's at stake in Ghana's elections?
Ghana is due to get a new president after December’s election. The current vice-president, Mahamudu Bawumia, and a former head of state,…
News
UN biodiversity conference: what's at stake?
The world's pledges to halt humankind's destruction of nature will be put to the test when the 16th UN conference on biodiversity opens…
Politics
What's at stake in the European Parliament election next month
BRUSSELS (AP) — Around 400 million European Union citizens go to the polls next month to elect members of the European Parliament, or…