Business
Hosen Group CEO Daniel Lim increases stake in the company
Over the five trading sessions from Mar 14 to 20, institutions were net sellers of Singapore stocks, with net institutional outflow…
Tag
stake
Business
Nvidia CEO says company has not been asked to buy a stake in Intel
Nvidia CEO Jensen Huang said on Wednesday (Mar 19) that his company had not been approached about purchasing a stake in Intel. During a…
Business
Olam to sell remaining stake in Olam Agri for US$4 billion
OLAM’S wholly owned subsidiaries have entered into a conditional sales and purchase agreement with Saudi Agricultural and Livestock…
Business
Olam to sell 44.58% stake in Olam Agri for US$1.8 billion
OLAM’S wholly owned subsidiaries have entered into a conditional sales and purchase agreement with Saudi Agricultural and Livestock…
Business
Olam to sell remaining stake in Olam Agri for US$2.6 billion, focuses on IPO of business unit ofi
OLAM is divesting its remaining stake in Olam Agri to Saudi Agricultural and Livestock Investment Company (Salic) for US$2.6 billion.…
Business
Wee Ee Cheong raises UOB stake after FY2024 record net profit
OVER the five trading sessions from Feb 14 to Feb 20, institutions were net sellers of Singapore stocks, leading to a net institutional…
Business
Billionaire investor Ryan Cohen boosts stake in Alibaba to US$1 billion: WSJ
BILLIONAIRE investor Ryan Cohen has increased his personal stake in Chinese e-commerce giant Alibaba Group to roughly US$1 billion in…
Business
Siemens set to raise 1.4 billion euros in Healthineers stake sale
SIEMENS is likely to raise about 1.4 billion euros (S$2 billion) from the sale of a roughly 2.3 per cent stake in Siemens Healthineers,…
Business
Marco Polo Marine CEO increases stake; ESR Reit buys back 5 million units
OVER the five trading sessions from Feb 7 to 13, institutions were net buyers of Singapore stocks, leading to a net institutional inflow…
Business
Nvidia cuts stake in Arm Holdings, discloses position in China’s WeRide
NVIDIA reduced its stake in British chip firm Arm Holdings by about 44 per cent and exited its holdings in Serve Robotics and SoundHound…
Business
Indonesian fund, Mitsui vie for US$300 million stake in toll operator RKE: sources
INDONESIA’S sovereign wealth fund, Indonesia Investment Authority (INA), and Japan’s Mitsui are among prospective buyers of CVC Capital…
Business
UniCredit heats up Italy finance battle with new Generali stake
UNICREDIT has made a surprise new move in the fight to dominate the Italian financial system by unveiling a minority stake in…
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…
Politics
RFK Jr. Says He Won’t Keep Financial Stake in HPV Vaccine Lawsuits
During intense questioning Thursday by members of the Senate health committee about his plan to keep a financial stake in major vaccine…
Business
DBS raises stake in Shenzhen Rural Commercial Bank
SINGAPORE’S largest lender DBS Bank has acquired an additional stake in Shenzhen Rural Commercial Bank (SRCB), increasing its stake from…
Business
Huationg Global’s Patrick Ng enhances stake amid robust business prospects
Over the five trading sessions from Jan 17 to Jan 23, institutions were net sellers of Singapore stocks, leading to net institutional…
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
China’s Vanke in talks to sell logistics firm stake to GIC: source
INDEBTED property developer China Vanke is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth…
Business
Vanke in talks to sell logistics firm stake to GIC: source
INDEBTED property developer China Vanke is in advanced talks to sell a controlling stake in VX Logistics to Singaporean sovereign wealth…
Business
Centurion joint chairman David Loh raises his stake in the group
OVER the five trading sessions from Jan 10 to 16, institutions were net sellers of Singapore stocks, leading to a net institutional…
Business
Honda seeks to buy out Renault’s stake in Nissan, Kyodo reports
HONDA Motor has asked Nissan Motor whether it would be able to acquire Renault’s shareholding, according to a Kyodo News report, as the…
Politics
Elon Musk sued by SEC over late 2022 disclosure of Twitter stake
The U.S. Securities and Exchange Commission sued Elon Musk on Tuesday, alleging failure to timely disclose that he bought more than 5% of…
Business
Apollo weighs 1.5 trillion yen stake in Seven & i management buyout
APOLLO Global Management is considering taking a substantial stake in a bid by Seven & i’s founding Ito family to take the Japanese…
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…