Space and defense tech firm Voyager raises $382.8 million in IPO
Voyager Technologies raised $382.8 million in its U.S. initial public offering, the space and defense tech company said on Tuesday, amid a global rush to amp up military spending. The…
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Box Office: ‘How to Train Your Dragon’ to Fly to $75 Million in Opening Weekend
Hiccup and Toothless are readying to fire up the box office. Universal and DreamWorks Animation’s live-action “How to Train Your Dragon” is poised to fly to $70 million to $80 million in…
Nintendo Switch 2 Sets Record With More Than 3.5 Million Units Sold Worldwide in First Four Days
Nintendo has sold more than 3.5 million Nintendo Switch 2 game consoles worldwide in the first four days since the new system launched June 5. According to the Japanese gaming giant, this…
Haidilao operator Super Hi swings to US$11.9 million Q1 profit on forex gains, delivery growth
Super Hi International, the operator of Haidilao’s international business, posted a net profit of US$11.9 million for the first quarter ended Mar 31, reversing a net loss of US$4.5 million…
Nintendo says sold record 3.5 million Switch 2 consoles in first four days
Nintendo said on Wednesday it had sold a record 3.5 million Switch 2 units worldwide in the first four days after the console was launched. “This is the highest global sales level for any…
Record 3.5 million Switch 2 consoles sold in first four days, says Nintendo
The Switch 2 has smashed records to become the fastest-selling console ever after gamers snapped up 3.5 million units in its first four days, Nintendo said on Wednesday (Jun 11). Featuring…
Keppel Infrastructure Trust to divest 24.6% stake in Australian bus service business for A$130 million
Keppel Infrastructure Fund Management, the manager of Keppel Infrastructure Trust (KIT), is divesting a 24.6 per cent stake in an Australian bus service business, Ventura Motors, for A$130…
Elite UK Reit to acquire three UK government-leased assets for £9.2 million
The manager of Elite UK Real Estate Investment Trust (Reit) announced on Tuesday (Jun 10) that the Reit has entered into a conditional sale-and-purchase agreement to acquire three freehold…
Box Office: ‘Ballerina’ Arms Itself With $10.6 Million Opening Day, ‘Lilo & Stitch’ Gets Third Weekend on Top
Lionsgate‘s first theatrical stab at spinning off the “John Wick” franchise, the Ana de Armas-led “Ballerina,” fired off $10.65 million across Friday and preview screenings from 3,409…
1.7 million air conditioners recalled just as summer heat hits
Before you install that window AC unit to beat the summer heat, it’s worth taking a closer look: Yesterday, the appliance manufacturer Midea, who makes units for a number of brands…
Sen. Grassley says Biden DOJ gave Soros-backed group $7 million
Taxpayers' money has flowed to a George Soros-backed organization that defends illegal immigrants and works with prosecutors to advocate for fewer prosecutions and lesser jail sentences,…
Sasseur Reit receives up to 508 million yuan from sponsor for refinancing
Sasseur Real Estate Investment Trust’s (Reit) said a wholly owned subsidiary of its sponsor has entered into an unsecured sponsor loan agreement of up to 508 million yuan (S$91.1 million).…
Lightstone Ventures, Temasek’s ClavystBio co-lead Allay Therapeutics’ US$57.5 million Series D funding
The company’s technology is used to create analgesic products that can aid patients with post-surgical pain management and recuperation United States-based biotechnology company Allay…
Keppel divests S$80 million of assets as part of multi-billion dollar monetisation programme
Asset manager Keppel is divesting its stakes in a New-York based company and an integrated agricultural logistics park in China to unlock more than S$80 million from the monetisation of…
Sats proposes 4.2 million euro sale of 49% stake in Servair joint venture to Swiss airline caterer Gategroup
The disposal is consistent with its capital recycling and reallocation strategy, the ground handler says Ground handler Sats is proposing to divest 509,600 ordinary shares or around 49 per…
How MrBeast’s ‘Beast Games’ Interviewed 100,000 Contestants and Edited 2 Million Gigabytes of Data for the Show: ‘It Turned Out Better Than I Ever Thought’
What happens when the top YouTuber in the world, Jimmy Donaldson aka MrBeast, hosts a competition show and is in Emmy consideration for outstanding reality competition series and host?…
Acrophyte Hospitality Trust proposes disposal of Michigan hotel for US$6.7 million
Acrophyte Hospitality Trust has proposed the disposal of a hotel in the US city of Auburn Hills in Michigan for a consideration of around US$6.7 million, said managers of the stapled group…
Peter Kwee, son and firm sued for over S$71 million over insolvency of Laguna club operator
Motoring tycoon Peter Kwee has been sued – along with his 55-year-old son Kevin and their firm Laguna Hotel Holdings – for allegedly wrongfully and fraudulently extracting and transferring…
‘Lilo & Stitch’ to Battle ‘Ballerina’ for Box Office Crown as ‘John Wick’ Spinoff Targets $30 Million Opening Weekend
Will audiences care about the world of “John Wick” without the titular nunchuck-wielding hitman, portrayed by Keanu Reeves across four films, as the star of the show? Lionsgate will find…
CapitaLand Malaysia Trust proposes sale of 435.4 million units to raise RM250 million
The manager of CapitaLand Malaysia Trust (CLMT), a subsidiary of CapitaLand Investment, on Tuesday (Jun 3) proposed a placement of up to 435.4 million new units to raise gross cash…
Virgin Australia seeks to raise US$442.8 million in IPO, term sheet shows
Capital-owned Virgin Australia is looking to raise A$685 million (S$442.7 million) in an initial public offering, according to a term sheet seen by Reuters on Wednesday. The…
Virgin Australia returns to stock market with launch of A$685 million IPO
Virgin Australia is set to return to the stock market after a five-year absence, with the Bain Capital-owned airline launching a A$685 million (S$572 million) initial public offering on…
‘Andor’ Creator Says Disney Spent ‘$650 Million for 24 Episodes’ and ‘We Fought Hard’ for Money After Being Told in Season 2: ‘Streaming Is Dead. We Don’t Have the Money We Had Before’
“Andor” creator Tony Gilroy dropped a bombshell during a recent Q&A at the ATX Television Festival (via IndieWire): The total budget for the 24-episode “Star Wars” series was $650 million,…
Semiconductor manufacturer Frencken to build new S$63 million plant in Kaki Bukit
Semiconductor maker Frencken will invest S$63 million to build a new and larger five-storey manufacturing facility in Kaki Bukit. The new site will be built on a plot of land leased from…