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Volare Group triggers mandatory cash offer for Alpha Integrated Reit at S$0.48 per unit
The move comes after Volare acquired a significant stake of AI-Reit from ESR Group[SINGAPORE] Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare Group, on Tuesday (Dec 23) launched...
Volare triggers mandatory offer for Alpha Integrated Reit following acquisition of ESR stake
Volare and its concert parties now control 41.27% of the total issued units by AI-Reit, formerly known as Sabana Reit[SINGAPORE] Mindarie Investment, a wholly owned subsidiary of Swiss-based Volare...
Saks mulls bankruptcy year after raising billions for turnaround
SAKS Global Enterprises, facing limited options ahead of a more than US$100 million debt payment due at the end of this month, is considering Chapter 11 bankruptcy as a...
Stocks to watch: CapitaLand Investment, Ever Glory United
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (CLI) : Bursa-listed CapitaLand Malaysia Trust (CLMT) has agreed...
Stocks to watch: CapitaLand Investment, Ever Glory United, Alpha Integrated Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Tuesday (Dec 23): CapitaLand Investment (CLI) : Bursa-listed CapitaLand Malaysia Trust (CLMT) has agreed...
Chinese airlines see hopes dim for profit return with Japan spat
China’s “Big Three” have racked up combined losses of 206.4 billion yuan (S$37.7 billion) from 2020 to 2024THE standoff between China and Japan threatens to exacerbate a seasonally weak...
Citigroup to boost Japan investment banking team on deal boom
Other banks are strengthening their investment banking operations in Japan as well CITIGROUP will further increase its investment banking team in Japan to capitalise on a record-breaking boom in...
Electronic Arts shareholders approve US$55 billion sale to Saudis
ELECTRONICS Arts shareholders approved the US$55 billion sale of the company, a leading video-game publisher, in a deal led by Saudi Arabia’s Public Investment Fund. Investors in the Redwood City,...
Oil loading in Venezuela slows, more ships make U-turns after new US interceptions
TANKER loading in Venezuela dwindled on Monday, with most ships moving oil cargoes only between domestic ports following US action against two more ships and as state-run energy company...
US bars approvals of new models of DJI, all other foreign drones
DJI, the world’s largest dronemaker, sells more than half of US commercial drones[WASHINGTON] The Federal Communications Commission said on Monday it is adding China’s DJI, Autel and all foreign-made...
