Unit

TikTok files legal challenge against Canada unit shutdown order
[ad_1] TIKTOK Technology Canada applied for a judicial review to challenge Canada’s order that China’s Bytedance close its subsidiary in the country, citing national security risks.In the filing at the...
Sembcorp unit inks second power purchase agreement with Equinix
[ad_1] It will supply the US data-centre firm a maximum capacity of 58.5 MWp from its renewable energy portfolioSEMBCORP Industries’ wholly owned subsidiary, Sembcorp Power, has signed a second long-term...
Alibaba integrates e-commerce platforms into a single business unit
[ad_1] ALIBABA Group will integrate all of its e-commerce platforms into a single business unit to be called the Alibaba E-commerce Business Group, it said in a stock exchange filing...
Koh Brothers Eco unit wins S$77.6 million contract for upcoming Toa Payoh development
[ad_1] CATALIST-listed engineering solutions provider Koh Brothers Eco Engineering was awarded a S$77.6 million contract by Sport Singapore (SportSG) through its wholly owned subsidiary, Koh Brothers Building & Civil Engineering...
Keppel DC Reit unveils S$1-billion unit placement, preferential offer to fund purchase of data centres
[ad_1] THE manager of Keppel DC Reit plans to launch an equity funding exercise to raise gross proceeds of about S$1 billion, it announced on Tuesday (Nov 19). This comprises...
Fonterra to assess IPO as one option for consumer unit sale
[ad_1] FONTERRA Cooperative Group will go ahead with the sale process for its global consumer businesses, saying it will consider an initial public offering (IPO) and reiterating that a successful...
Sembcorp Industries to sell waste management unit to Indonesian energy company for S$405 million
[ad_1] ENERGY and urban development company Sembcorp Industries on Friday (Nov 8) announced that it intends to sell its wholly owned unit Sembcorp Environment to SBT Investment 2 for S$405...
Indonesian court affirms 1.7 trillion rupiah civil claim against Keppel unit is inadmissible
[ad_1] The DKI Jakarta Province High Court has also ordered the claimant to pay court costs AN INDONESIAN High Court has affirmed an earlier court decision that a claimant’s 1.7 trillion...
China gives Morgan Stanley approval to launch local futures unit
[ad_1] MORGAN Stanley has won final approval to launch a futures business in China via a newly established unit, becoming the second major US entrant in the derivatives market of...
Manulife cuts 2.5% of staff in wealth and asset management unit
[ad_1] Manulife Financial has cut hundreds of jobs in its global wealth and asset management business, representing about 2.5 per cent of the division’s staff. The move was made “in an...
Allianz weighs options for AllianzGI unit: sources
[ad_1] ALLIANZ is weighing options for its Allianz Global Investors unit, including a possible merger or partial sale of the division, four people with knowledge of the matter told Reuters,...
OUE unit to issue S$50 million in fixed-rate green notes due 2029 at 4%
[ad_1] AN OUE subsidiary, OUE Treasury, has proposed to issue S$50 million in green notes due 2029 at a fixed rate of 4 per cent per annum, the property player...