UNITED Overseas Bank (UOB) announced on Wednesday after trading hours that it is buying an additional 1.86 billion shares in troubled Chinese mid-sized lender Hengfeng Bank Co for 1.86 billion yuan (S$360.4 million) as part of a subscription agreement.
UNITED Overseas Bank (UOB) announced on Wednesday that it is buying more shares in troubled Chinese mid-sized lender Hengfeng Bank Co, with a subscription of 1.86 billion shares for a sum of 1.86 billion yuan (S$360.4 million).
OCBC Bank has topped two 2019 sustainable finance league tables for the Asia-Pacific region, excluding Japan, the lender said in a media statement on Wednesday.
PRIVATE equity and venture investors in South-east Asia are betting on something new - sustainability. Bain research shows a significant increase in capital flowing to companies that contribute to environmental and social progress.
ALLIANZ Real Estate has appointed Danny Phuan, in a newly created role, as Asia-Pacific (APAC) head of acquisitions, to strengthen its presence and acquisition capabilities in the region, the company said on Tuesday.
HOUSEHOLDS in Japan have accumulated a whopping 1,830 trillion yen (S$22.6 trillion) in assets as at end-2018, of which 984 trillion yen, or over half, is held as bank deposits and cash.
