Business
Fu Yu will not convene requisitioned EGM; investigates business unit
THE board of directors of Fu Yu Corporation on Friday (Jan 31) announced that the company will not convene an extraordinary general…
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Unit
Business
Veteran bankers Eric Tham and Tan Jeh Wuan to join board of Raffles Medical’s insurance unit
VETERAN bankers Eric Tham and Tan Jeh Wuan have been designated to the board of Raffles Health Insurance as non-executive and independent…
Politics
Auchan's Russia unit dismisses sale rumours
Operation of the chain's 230 stores in Russia was transferred to local management in 2023 (Kirill KUDRYAVTSEV) The Russian subsidiary 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
Jack Ma-backed Ant Group unit Anext Bank appoints CEO-designate
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new…
Business
Taiwan’s HTC to sell part of XR unit to Google for US$250 million
TAIWAN’S HTC said on Thursday (Jan 23) it will sell part of its unit for extended reality (XR) headsets and glasses to Google for US$250…
Business
CDL’s Kiwi unit makes NZ$2.25-a-share offer to delist M&C New Zealand
CITY Developments Ltd’s (CDL) wholly owned subsidiary intends to purchase all the fully paid ordinary shares in hotel company Millennium &…
Business
United Hampshire US Reit unit sells supermarket property for US$23.8 million
United Hampshire US Reit, through its indirectly wholly owned subsidiary UH US Albany 2019, has sold a supermarket property in the US…
Business
Toyota Truck Unit Will Pay $1.6 Billion to Settle Emissions Fraud Case
Toyota Motors’ trucking unit has agreed to plead guilty to criminal charges and pay $1.6 billion in civil and criminal penalties for…
News
German armed forces to form new homeland security unit
Germany's Bundeswehr will establish a major new land forces unit dedicated to securing critical infrastructure and key military facilities…
News
Germany's Bundeswehr to establish new homeland security unit
Germany's armed forces plan to establish a fourth major branch dedicated to securing critical infrastructure and key military facilities…
Politics
NATO naval unit to monitor critical infrastructure in Baltic Sea
NATO's standing maritime group is to set off from its base in the German port of Kiel for the Baltic Sea to monitor critical underwater…
Business
Gordon Tang and wife increase cash offer for Suntec Reit to S$1.19 a unit
THE mandatory conditional cash offer made by property tycoon Gordon Tang and his wife Celine to acquire all the units of Suntec Real…
Business
C.F.P.B Sues Unit of Warren Buffett’s Berkshire Hathaway Over Risky Mortgages
A federal regulator sued a mortgage finance firm owned by Warren Buffett’s Berkshire Hathaway conglomerate on Monday, claiming it made…
Business
RHB cuts IReit target to S$0.34; flags potential privatisation on further unit price declines
RHB Research has lowered its target price on IReit Global to S$0.34 from S$0.40 previously, as it expects the real estate investment…
Business
Billionaire Li Ka-shing’s Hutchmed in US$608 million health unit stake sales
HUTCHMED (China), controlled by tycoon Li Ka-shing, is selling stakes in its health subsidiary for around US$608 million as the…
News
Second Unit of South Africa Nuclear Plant Back Online After Major Maintenance
Eskom, South Africa’s major utility, said the second unit of the Koeberg nuclear power plant in that country was reconnected to the…
News
Pakistan Will Build Another Chinese-Designed Nuclear Power Unit
The Pakistan Nuclear Regulatory Authority (PNRA) issued a construction license to Pakistan Atomic Energy Commission (PAEC) for Chashma…
Business
Koh Brothers Eco unit wins S$313.9 million LTA contract to build bus depot
CATALIST-LISTED engineering solutions provider Koh Brothers Eco Engineering was awarded a S$313.9 million contract by the Land Transport…
Business
Uber disappointed as Taiwan rejects deal for Delivery Hero unit
Uber Technologies said it remained committed to Taiwan after the island’s antitrust regulator rejected its plan to buy Delivery Hero’s…
News
Seatrium wins contract for deepwater new-build production unit
SEATRIUM has secured a contract to perform engineering, procurement, construction and onshore commissioning work for a deepwater new-build…
Business
News Corp sells Foxtel unit to DAZN in A$3.4 billion deal
NEWS Corp has agreed to sell its Australian cable TV unit Foxtel to British-owned sports network DAZN for A$3.4 billion (S$2.9 billion)…
Business
Italy probes CK Hutchison unit on tax in 3.4 billion euros asset sale
CK HUTCHISON’s Italian telecommunications unit is the target of a probe alleging that it evaded taxes during a 3.4 billion euros (S$4.8…
News
First Ship Lease Trust unit to sell one vessel
Its wholly owned subsidiary, FSL-1, will be selling the vessel Cumbrian Fisher to an unaffiliated third party FIRST Ship Lease (FSL) Trust…