subsidiary

Former mm2 Asia subsidiary Vividthree dives 17% on news of payment demand from UOB
[ad_1] [SINGAPORE] Former mm2 Asia subsidiary Vividthree on Wednesday (Jan 7) announced that it received a letter of demand from UOB for nearly S$1.2 million. Minutes into the opening bell,...
HG Metal subsidiary to buy industrial property in Tuas for S$20.8 million
[ad_1] [SINGAPORE] A unit of steel distributor HG Metal Manufacturing has exercised an option to purchase (OTP) to acquire an industrial property in Tuas for S$20.8 million, a move that...
F&N dairy subsidiary to acquire additional 4.6% stake in Vinamilk from Jardine C&C
[ad_1] The deal involves about 96.1 million sale shares, with a total consideration of around six trillion Vietnamese dong[SINGAPORE] F&N Dairy Investments (FNDI), a wholly owned subsidiary of food and...
ST Engineering’s US subsidiary named in lawsuit over UPS plane crash
[ad_1] The lawsuit alleges negligence in maintenance checks by ST Engineering subsidiary VT San Antonio Aerospace[SINGAPORE] ST Engineering’s United States subsidiary, VT San Antonio Aerospace (VT SAA), was one of...
MPACT subsidiary sells Festival Walk Tower for close to HK$2 billion
[ad_1] [SINGAPORE] The manager of Mapletree Pan Asia Commercial Trust (MPACT) announced on Wednesday (Dec 10) that its subsidiary – Festival Walk – will sell Festival Walk Tower for nearly...
Wilmar’s China subsidiary lodges appeal over contract fraud case
[ad_1] [SINGAPORE] A subsidiary of Wilmar International has lodged an appeal in a Chinese court, after it was found guilty of contract fraud and ordered to bear losses amounting to...
Dick’s joins growing list of companies trimming subsidiary brands with Foot Locker closures
[ad_1] Dick’s Sporting Goods (NYSE: DKS) announced it will close select Foot Locker stores and raised its full-year year outlook, in its third quarter earnings report on Tuesday. While Dick’s...
Lum Chang Creations subsidiary secures 2 contracts worth S$63.4 million
[ad_1] [SINGAPORE] Urban revitalisation specialist Lum Chang Creations on Monday (Nov 24) said its wholly owned subsidiary, Lum Chang Interior, clinched two contracts with a combined value of around S$63.4...
ST Engineering posts 9% rise in 9M revenue to S$9.1 billion despite impairments from subsidiary
[ad_1] [SINGAPORE] ST Engineering posted a 9 per cent year on year rise in revenue to S$9.1 billion for the nine months ended Sep 30, on the back of strong...
Wuling’s commercial vehicle brand Linxys makes South-east Asia debut in Singapore with Carsome subsidiary CarTimes
[ad_1] The brand debuts with two electric vans, including the city-state’s first fully electric micro van[SINGAPORE] Linxys, a fully electric China commercial vehicle brand from state-owned carmaker Wuling, has made...
Coty Subsidiary Launches Lawsuit Against Kering and Gucci
[ad_1] PARIS — A Coty Inc. subsidiary has launched a lawsuit against Gucci and its parent company Kering, which pertains to the Gucci beauty and fragrance license, in a U.K....
PropNex subsidiary sued for S$586,000 over alleged misrepresentation and breach of duty
[ad_1] [SINGAPORE] A wholly-owned subsidiary of PropNex and two other defendants are being sued for at least S$586,172, allegedly over a breach of duty of care as well as negligent...