Business
CICT sells stake in CapitaSpring serviced residence component for S$37.8 million
The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (May 2) announced the sale of its stake in the serviced residence…
Tag
stake
Business
CICT sells stake in CapitaSpring serviced residence component for S$126 million
The manager of CapitaLand Integrated Commercial Trust (CICT) on Friday (May 2) announced the sale of its stake in the serviced residence…
Business
Pop Mart holder sells US$101 million stake after shares hit record
The toy company is the top gainer in the MSCI China Index over the last 12 months, with its shares jumping more than 470 per cent An…
Politics
What's at Stake for the U.S. if India and Pakistan go to War?
The recent attack in Kashmir, which killed 26 people, has escalated tensions between India and Pakistan, posing a serious challenge for…
News
PSA weighs selling 20% stake in CK Hutchison’s ports business: sources
International is exploring the sale of its 20 per cent stake in CK Hutchison’s ports business, two people with knowledge of the matter…
Business
BRC Asia signs pact to buy majority stake in Southern Steel Mesh for RM61 million
Steel fabricator BRC Asia said on Tuesday (Apr 22) it has entered into a conditional share purchase agreement to buy a controlling stake…
Business
UBS to sell India wealth business to 360 ONE, take 5% stake in India partner
This deal will see the firm relinquish equity control in its India onshore wealth business while taking up the offshore wealth business of…
News
Tycoon Ong Beng Seng should sell his Hotel Properties Limited stake
Since news broke in mid-July 2023 of the Corrupt Practices Investigation Bureau’s questioning of Ong Beng Seng regarding his dealings with…
Business
Institutions net buying, Stephen Riady ups OUE stake
[singapore] Over the four trading sessions from Apr 11 to 16, institutions were net buyers of Singapore stocks, with net institutional…
Business
Olam to sell whole stake in port operator for US$175 million
Agribusiness giant Olam will dispose of its entire stake in port and logistics operator Arise P&L for a US$175 million consideration, as…
Celebrity
Prince Harry's 'Life is at Stake,' Lawyer Warns
Britain's Home Office has ruled against giving Prince Harry the highest level of security protection when he is in the United Kingdom…
Business
PSL becomes Uni-Asia substantial shareholder; Oceanus Group’s Peter Koh adds to stake
Over the four trading sessions from Mar 28 to Apr 3, institutions were net buyers of Singapore stocks, with net institutional inflow of…
Business
Sembcorp unit proposes to more than double stake in power supplier Senoko Energy
Sembcorp Industries is moving to raise its stake in energy supplierSenoko Energy, which could potentially more than double its interest in…
News
OUE Healthcare says earthquake damaged Mandalay hospital of Pun Hlaing Hospitals that it owns 40% stake in
OUE Healthcare announced that the Mandalay hospital building of Pun Hlaing Hospitals, which it owns a 40 per cent stake in, sustained…
News
OUE Healthcare says Mandalay hospital building in which it has a stake damaged by earthquake
OUE Healthcare announced that the Mandalay hospital building of Pun Hlaing Hospitals, in which it owns a 40 per cent stake, sustained…
Business
Keppel divests entire stake in Vietnam’s Palm City for S$141.4 million
Global asset manager Keppel, through its real estate division, has divested its entire 42 per cent stake in South Rach Chiec – the…
Business
Keppel divests entire stake in Vietnam’s Palm City for 2.6 trillion dong
Global asset manager Keppel, through its real estate division, has divested its entire 42 per cent stake in South Rach Chiec – the…
Business
Keppel Infrastructure Trust to buy 46.7% stake in subsea cable firm Global Marine for US$90.6 million
Keppel Infrastructure Trust (KIT) will be acquiring about 46.7 per cent stake in Global Marine Group (GMG), a leading subsea cable…
Business
Temasek, GIC are said to buy Novotech stake in deal with TPG
Temasek and GIC will acquire a significant stake in Novotech to fuel growth and accelerate acquisitions for the clinical research and…
Business
Buyback consideration notches higher; ISOTeam CEO increases stake
[singapore] Over the five trading sessions from Mar 21 to 27, institutions were net sellers of Singapore stocks, with net institutional…
Business
Blackstone mulls small stake in US TikTok spinoff: sources
[Los Angeles] Private equity firm Blackstone is evaluating making a small minority investment in TikTok’s US operations, according to two…
Business
DBS leading race to buy controlling stake in Indonesia's Panin Bank
DBS Group, South-east Asia’s top bank by assets, is the frontrunner to buy a controlling stake in Indonesia’s Panin Bank, three people…
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
Elliott has built significant stake in Sumitomo Realty: sources
ELLIOTT Investment Management has built a sizeable stake in Japanese real estate developer Sumitomo Realty & Development Co, said people…