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Straits Trading unit to divest South Korea logistics property for 432 billion won
[ad_1] [SINGAPORE] The Straits Trading Company is divesting a freehold logistics facility in Incheon, South Korea, for 432 billion won (S$377.6 million) as part of its strategy to recycle capital...
Prudential pays RM1.5 billion to raise stake in Malaysia unit to 70%
[ad_1] The insurer currently holds a 51% interest while local partner Detik Ria owns the rest[SINGAPORE] Prudential will pay RM1.5 billion (S$483 million) in cash to increase its stake in...
Alibaba plans IPO for AI chipmaking unit T-Head: sources
[ad_1] As a first step, Alibaba plans to restructure the unit as a business partly owned by employeesPublished Thu, Jan 22, 2026 · 05:17 PM[SINGAPORE] Alibaba Group Holding is preparing...
Seatrium unit files arbitration proceedings over dispute with consortium partner Aibel
[ad_1] The company is unable to ascertain the financial impact arising from the proceedings [SINGAPORE] Seatrium New Energy (SNE), a wholly owned subsidiary of Seatrium, and Norwegian energy services firm...
Seatrium unit faces 130 million euros in claims from consortium partner amid arbitration proceedings
[ad_1] Seatrium adds that it is currently ‘unable to definitively ascertain the financial impact, if any’ [SINGAPORE] Seatrium New Energy (SNE), a wholly owned subsidiary of Seatrium , and Norwegian...
Aberdeen adviser unit hit by outflows over UK Budget uncertainty
[ad_1] Its clients pulled out £2.5 billion in the three months till December, against £500 million in the previous periodPublished Wed, Jan 21, 2026 · 05:44 PM[LONDON] Aberdeen Group reported...
OCBC sets up securities financing unit for institutional investors
[ad_1] It will create opportunities for these customers to earn fee income by lending out their idle securities, says lender[SINGAPORE] OCBC has set up a dedicated securities financing unit for...
Stamford Land unit is being sued over alleged defects in Sydney project
[ad_1] The claims involve alleged deficiencies in the design and construction of Macquarie Park Village[SINGAPORE] Stamford Land on Friday (Jan 16) announced that its wholly owned subsidiary HSH Hotels (Australia)...
CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
[ad_1] [SINGAPORE] The manager of CapitaLand Ascendas Reit (Clar) on Friday (Jan 16) announced its purchase of a logistics property in Columbus, Ohio, in the US for S$94.5 million, payable...
GIC, EQT weigh joint bid for Volkswagen’s 6-billion euro Everllence unit: sources
[ad_1] A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations[FRANKFURT] A majority stake in Volkswagen’s heavy diesel engine unit Everllence is attracting interest...