News
Trump says Intel has agreed to a deal for US to take 10% equity stake
US President Donald Trump said on Friday (Aug 22) the US would take a 10 per cent stake in Intel under a deal with the struggling…
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stake
Politics
Trump turns $11.1B in U.S. government funds into a 10% stake in downtrodden Intel
President Donald Trump on Friday announced the U.S. government has secured a 10% stake in struggling Silicon Valley pioneer Intel in a…
News
“Splitsville” Plays Infidelity for Laughs; “A Little Prayer” Shows What’s Really at Stake
In the studiedly rambunctious comedy “Splitsville,” Michael Angelo Covino and Kyle Marvin play a pair of homewreckers. The home, a…
Business
US seeks Intel stake without governance rights: Lutnick
Commerce Secretary Howard Lutnick confirmed discussions between the US and Intel for the government to take a stake in the chipmaker,…
Business
Temasek-backed ST Telemedia is said to consider selling stake in data centre operator GDS: sources
ST Telemedia (STT) is considering selling its holding in Chinese data centre operator GDS Holdings, people familiar with the situation…
Business
GIC takes 25% stake in Spain’s broadband venture
Sovereign wealth fund GIC will take a 25 per cent stake in a fibre optic broadband venture between MasOrange, partly owned by France’s…
Business
Brunei tweaks Bridgewater bet to a lucrative 20% stake in firm
Brunei’s sovereign wealth fund pulled money from an investment in a Bridgewater Associates strategy to buy an almost 20 per cent stake in…
Business
Indonesian oil giant Chandra Asri buys 11.9% stake in Hiap Seng Industries; shares up 58.3%
Future partnerships between both companies could be on the horizon, says Hiap Seng Industries Indonesian petrochemical producer Chandra…
Business
Trek 2000 International divests stake in Terrenus Energy valued at around S$8.2 million
Technology provider Trek 2000 International announced on Thursday (Jul 17) that it will be disposing its 4.3 per cent stake in Terrenus…
Business
Schneider in talks to buy Temasek’s stake in Indian JV
A potential transaction could value the whole venture at roughly US$5 billion including debt Schneider Electric is considering buying out…
Business
Nanofilm to acquire remaining 35% stake in Sydrogen from Temasek for S$15 million
Nanofilm Technologies is acquiring the remaining stake of its majority-owned Sydrogen, a hydrogen technology solution provider, from…
Business
Wealth fund KIA said to be seller of HK$26.8 billion AIA stake
The Kuwait Investment Authority (KIA) was the undisclosed shareholder behind the HK$26.8 billion (S$4.3 billion) sale of a stake in…
Business
Unnamed AIA Group shareholder is said to sell HK$26.8 billion stake
An undisclosed AIA Group shareholder sold a HK$26.8 billion (S$4.4 billion) stake in the insurer via block trades, according to people…
Business
Group CEO Ng Chin Siau increases his stake in Q & M
Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional…
Business
Group CEO Ng Chin Siau increases stake in Q & M
Over the five trading sessions from May 30 to June 5, institutions were marginal net sellers of Singapore stocks, with net institutional…
Business
Vingroup seeks private loan to buy KKR’s stake in Vinschool
Vietnamese conglomerate Vingroup is seeking a around US$300 million private credit loan to purchase KKR’s stake of about 38 per cent in…
Business
DFI Retail Group divests 22.2% stake in Robinsons Retail for undisclosed sum
The divestment will enable DFI to redeploy capital to support growth and enhance shareholder returns across its subsidiaries, says group…
Business
Fuji Offset Plates Manufacturing shares jump 67% after former Dyna-Mac CEO AC Lim buys S$4.5 million stake
It appears former Dyna-Mac chairman and chief executive Lim Ah Cheng – better known in the industry as AC Lim – is working his magic…
Politics
With billions at stake, California joins suit to stop Trump cuts to university science research
California on Wednesday joined 15 other states filing suit against the National Science Foundation and its acting director, alleging the…
Business
mm2 Asia to sell 21.02% of its stake in subsidiary Vividthree to PE fund for S$1.7 million
Media company mm2 Asia on Wednesday (May 28) entered into a sale and purchase agreement with private equity fund Hildrics Asia Growth Fund…
Business
Tencent Music buys SM Entertainment stake in K-pop bet
A Tencent Holdings subsidiary is snapping up a nearly 10 per cent stake in SM Entertainment valued at about US$180 million, marking a rare…
Business
Japan’s SMFG said to be in talks to buy minority stake in India’s Yes Bank
The Mumbai-based bank also counts private equity firms Carlyle Group and Advent International as minority investors Sumitomo Mitsui…
Business
Japan’s SMBC is closer to acquiring 51% stake in India’s Yes Bank: sources
Sumitomo Mitsui Banking Corp (SMBC) is close to agreement on acquiring a stake in Yes Bank, with the Japanese firm eyeing a majority 51…
Business
Straco chair Wu Hsioh Kwang elevates his stake
[singapore] Over the four trading sessions from Apr 25 to 30, institutions were net buyers of Singapore stocks, with net institutional…