Business
ST Engineering unit to issue US$750 million 4.25% notes due 2030
They will be issued under the company’s S$5 billion global medium-term note programme A wholly owned subsidiary of Singapore Technologies…
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Business
China’s Sinopec partners with Saudi Aramco’s unit in 29 billion yuan JV
China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish a joint venture…
Business
China’s Sinopec partners with Saudi Aramco’s unit in 28.8 billion yuan JV
China’s state-run Sinopec said on Monday (Apr 28) it had signed an agreement with a unit of Saudi Aramco to establish a joint venture…
Business
Latest NZ$2.80-per-share offer by CDL Kiwi unit still ‘too low and inadequate’: M&C New Zealand
The independent directors of Millennium and Copthorne Hotels New Zealand (MCK) do not recommend shareholders of MCK to accept the increase…
Business
Boeing to sell Jeppesen unit to Thoma Bravo for US$10.55 billion
Boeing said on Tuesday (Apr 22) it would sell portions of its Digital Aviation Solutions business, including navigation unit Jeppesen, to…
Business
CDL unit raises offer for M&C New Zealand to NZ$2.80 a share
The higher offer reflects 60% premium to 1-month volume weighted average share price of NZ$1.75 City Development Limited’s (CDL) wholly…
Business
China Southern is said to mull Hong Kong IPO of cargo unit
The deal may be coming at a tricky time for the company, which relies on Chinese exports that are under threat because of the country’s…
Business
UOB to inject fresh capital of 2 trillion dong into Vietnam unit, build new headquarters in Ho Chi Minh City
United Overseas Bank (UOB) said on Tuesday (Apr 8) that it will inject additional fresh capital of two trillion dong (S$104 million) into…
Unsorted
Eskom integrates Kusile’s final unit, aiming for 2.5GW by 2025
Eskom has added the final 800MW unit of Kusile power station, Unit 6, to South Africa's national grid. The development represents a…
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Toyota’s new R&D unit signals its sharper India focus
Toyota Motor is setting up its first research and development (R&D) centre in India through its local unit, sources familiar with the…
Business
Australian unit of ComfortDelGro probes media allegations of wrongful conduct
AN AUSTRALIAN unit of ComfortDelGro is investigating allegations of wrongful conduct made by several media companies, and it is…
Business
Tata Power unit and ONGC sign MoU for battery energy storage systems
Tata Power Renewable Energy - (TPREL), a subsidiary of the Tata Power Company - has partnered the Oil and Natural Gas Corporation (ONGC)…
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Seatrium inks MOU with BP for deepwater production unit in offshore US
The company will provide engineering, procurement, construction and commissioning services for the Tiber FPU OFFSHORE and marine…
Business
Carrefour proposes buyout of Brazilian grocery unit Atacadao
FRENCH grocer Carrefour submitted a proposal for a take-private of its Brazilian subsidiary Atacadao. Atacadao said that its management…
Business
Lawsuit brought against PropNex unit on alleged salesperson misconduct
REAL estate services group PropNex said that its wholly owned subsidiary PropNex Realty, has been named as one of three co-defendants in a…
Business
Temasek-backed Cuscaden moves to privatise Paragon Reit at S$0.98 per unit
TIMES Properties, a wholly owned subsidiary of Cuscaden Peak Investments, is looking to take Paragon Real Estate Investment Trust (Reit)…
Business
SocGen doubles Q4 profit as retail unit rebounds
SOCIETE Generale (SocGen) said on Thursday (Feb 6) it had doubled fourth-quarter profits after a recovery in its retail bank and increased…
Business
Unilever weighs New York as venue for ice cream unit listing
Unilever is considering New York as a potential venue for a listing of its ice cream business, people with knowledge of the matter said, a…
Business
Fu Yu will not convene requisitioned EGM; investigates business unit
THE board of directors of Fu Yu Corporation on Friday (Jan 31) announced that the company will not convene an extraordinary general…
Business
Veteran bankers Eric Tham and Tan Jeh Wuan to join board of Raffles Medical’s insurance unit
VETERAN bankers Eric Tham and Tan Jeh Wuan have been designated to the board of Raffles Health Insurance as non-executive and independent…
Business
Far East Orchard unit acquires additional stake in Woodlands Square for S$25 million - The Business Times
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
Jack Ma-backed Ant Group unit Anext Bank appoints CEO-designate - The Business Times
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new…
Business
CDL’s Kiwi unit makes NZ$2.25-a-share offer to delist M&C New Zealand - The Business Times
CITY Developments Ltd’s (CDL) wholly owned subsidiary intends to purchase all the fully paid ordinary shares in hotel company Millennium &…
News
German armed forces to form new homeland security unit
Germany's Bundeswehr will establish a major new land forces unit dedicated to securing critical infrastructure and key military facilities…