STRUGGLING offshore and marine services provider PACC Offshore Services Holdings (POSH) has named Provenance Capital the independent financial adviser to the independent directors in the buy-out offer from Malaysian tycoon Robert Kuok’s Kuok group of companies.
SINGAPORE: Singapore's Temasek International on Friday (Nov 8) named chief operating officer Chia Song Hwee as its deputy chief executive and Rohit Sipahimalani, currently the joint head of its investment group, as its chief investment strategist. The appointments were among a number of management ...
MAINBOARD-LISTED developer United Industrial Corp (UIC) saw third-quarter earnings slip on higher costs and lower share of associates’ and joint ventures’ profits, amid the consolidation of revenue from the Marina Mandarin hotel complex that was bought out in April.
Uncertainty about the fate of the trade negotiations between the United States and China kept markets on their toes on Friday, with European stocks benchmarks mimicking their Asian peers and retreating from the previous session's highs.
China's e-commerce giant Alibaba Group Holding said on Friday it would invest an additional 23.3 billion yuan (US$3.33 billion) to raise its equity stake in its logistics affiliate Cainiao Smart Logistics Network to 63per cent from 51per cent.
China's e-commerce giant Alibaba Group Holding said on Friday it would invest an additional 23.3 billion yuan (US$3.33 billion) to raise its equity stake in its logistics affiliate Cainiao Smart Logistics Network to 63per cent from 51per cent.
GECAS, the aircraft leasing subsidiary of General Electric , has ordered 25 Airbus aircraft including a rare purchase of jets powered by GE's rival engine maker Rolls-Royce, two people familiar with the matter said.
HEAVY equipment supplier Hoe Leong Corporation on Friday said that the Singapore High Court has granted leave for United Overseas Bank (UOB) to withdraw its application to place the firm under judicial management.
Alibaba Group Holding Ltd plans to launch a Hong Kong share offering to raise US$10 billion to US$15 billion in the final week of November, two people with direct knowledge of the matter told Reuters. The US-listed Chinese e-commerce giant is due to seek approval from Hong Kong's listing...
Japanese companies are unlikely to invest in Saudi Aramco's blockbuster initial public offering (IPO) because it is difficult to evaluate the value of the world's biggest oil company, the head of Japan's largest refiner said on Friday.
