Business
Frasers Property unit to lend up to 938.6 million baht to JV with two ThaiBev units
The capital injections will advance the technology and digitalisation of both Frasers Property Group and Thai Beverage Group Frasers…
Tag
Unit
Business
Keppel Reit unit secures three bridge loans totalling S$892 million
The manager of Keppel Real Estate Investment Trust (Reit) said on Wednesday (Dec 24) that it has obtained three bridge loan facilities…
Business
Haier sells 49% stake in Indian unit to Bharti, Warburg Pincus
Chinese home appliance maker Haier Smart Home agreed to sell a 49 per cent stake in its India unit to Bharti Enterprises and Warburg…
Business
LG Energy Solution unit to sell US$2.86 billion US factory assets to Honda
This excludes land and equipment, and is meant to ‘improve joint venture operational efficiency’ South Korea’s LG Energy Solution (LGES)…
Business
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 Mindarie Investment, a wholly owned subsidiary of…
Business
CNMC plans to appeal against additional tax assessment of RM29.6 million imposed on Malaysian unit
The notices were raised in relation to the disallowance of management fee expenses paid by subsidiary to gold-mining company A Malaysian…
News
Independent review of Optus’ September outage finds process, accountability gaps in Singtel unit
An independent review into Optus’ major September outage has uncovered gaps in process, accountability and escalation and information…
News
Review of Optus emergency calls outage finds process, accountability gaps in Singtel unit
An independent review into Optus’ major September outage has uncovered gaps in process, accountability and escalation and information…
Business
Acrophyte Hospitality Trust unit to divest Hyatt Place Primacy Parkway hotel for US$7.8 million
ARA USH Chicago, an indirect wholly owned subsidiary of Acrophyte Hospitality Management Trust (AHT), is selling a hotel in the US for…
Business
Volkswagen budget cuts force battery unit to seek external funds
PowerCo is considering bank loans, external investors and a potential public offering Volkswagen’s battery business is being forced to…
Fashion
Louis Vuitton sues unit of SGX-listed ValueMax over alleged trademark infringement
Global luxury and fashion goods company Louis Vuitton has sued the wholly-owned subsidiary of mainboard-listed ValueMax Group in the…
Business
Samudera Shipping unit, Imoto Corporation enter JV to set up shipping company in Japan
Blue Ocean Shipping will be headquartered in Kobe and is expected to begin operations in the first half of 2026 A subsidiary of container…
News
ST Engineering’s US unit named in lawsuit over UPS plane crash
Lawsuit alleges negligence in maintenance checks by ST Engineering subsidiary VT San Antonio Aerospace ST Engineering’s United States…
News
ST Engineering’s US unit among defendants in UPS plane crash lawsuit
Lawsuit alleges negligence in maintenance checks by ST Engineering subsidiary VT San Antonio Aerospace ST Engineering’s United States…
Business
Harvey Norman operator Ossia sets up new unit; buys leasehold property, Global Ten Realty
Harvey Norman operator Ossia on Wednesday (Dec 10) said it set up a new special purpose vehicle, Ossia Capital, to hold its property…
Business
Olam Group says unit secures US$1.12 billion dual currency loan
OLAM Group said on Wednesday its unit olam food ingredients (ofi) had secured a multi-tranche dual currency term loan facility aggregating…
Business
Olam unit bags US$1.12 billion dual currency loan facility
It will be used to refinance ofi’s existing loans and for general corporate purposes Agribusiness conglomerate Olam Group said on…
Culture
Netflix to buy Warner Bros Discovery’s studios, streaming unit for US$72 billion
The deal will further tilt the power balance in Hollywood in favour of the streaming giant Netflix has agreed to buy Warner Bros…
Business
Meta’s Zuckerberg plans 30% budget cut to metaverse unit, potentially triggering January layoffs: sources
The proposed metaverse cuts are part of the company’s annual budget planning for 2026 Meta Platforms’ Mark Zuckerberg is expected to…
Business
Intel says it will keep networking and communications unit
The chip maker has considerably improved its cash position as a result, finance chief Dave Zinsner says Intel said on Wednesday (Dec 3)…
Business
JD.com’s supply-chain technology unit seeks up to HK$3.3 billion in Hong Kong IPO
JD.com’s supply-chain technology unit has started taking investor orders for a Hong Kong initial public offering (IPO) that may raise as…
News
Taiwan charges Tokyo Electron’s Taiwan unit in TSMC trade secrets case
Taiwan prosecutors said on Tuesday (Dec 2) they had charged Tokyo Electron’s Taiwan unit with violating the National Security Act and the…
Business
Singapore Bank OCBC’s shares hit record as wealth unit shines
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago Oversea-Chinese Banking Corp (OCBC) shares hit a…
Business
OCBC’s shares hit record as wealth unit shines
OCBC shares gained as much as 0.6%, above the previous high from more than two weeks ago Oversea-Chinese Banking Corp (OCBC) shares hit a…