Posts by Riah Marton
Keppel DC Reit names Low Huan Ping as lead independent director amid board changes
[SINGAPORE] Keppel DC Real Estate Investment Trust (Reit) has announced director Low Huan Ping as new lead independent director and chairman of nominating and remuneration committee, as Kenny Kwan steps down. The change in board positions will take effect from Tuesday (May 6). Low will also leave his position in the environmental, social and governance…
Read MoreJapan’s SMBC is closer to acquiring 51% stake in India’s Yes Bank: sources
[MUMBAI] Sumitomo Mitsui Banking Corp (SMBC) is close to agreement on acquiring a stake in Yes Bank, with the Japanese firm eyeing a majority 51 per cent equity in the Indian lender, three sources familiar with the deal said on Tuesday (May 6). If the deal goes through, it could potentially be the largest in…
Read MoreKamala Harris Makes Surprise Appearance at Met Gala 2025
Kamala Harris is steadily making a return to the public eye. The former Vice President of the United States made a surprise appearance alongside her husband Doug Emhoff at the 2025 Met Gala on May 5, exactly six months after losing the 2024 U.S. Presidential Election to Donald Trump. (See every celebrity on the Met Gala…
Read MoreIncome-Allianz deal timeline: A recap of the scuppered S$2.2 billion sale
[SINGAPORE] The proposed S$2.2 billion deal involving the sale of Singapore’s Income Insurance to German insurer Allianz – which the government eventually called off – was a major talking point during the 2025 General Election campaigning. Here is a recap of what happened: Jul 17, 2024: Allianz offered to buy a majority stake in Income…
Read MoreChina’s CATL seeks US$1 billion loan for Indonesia plant expansion
The company has said that it expects to see little impact from the tariffs the Trump administration has imposed on China because the company’s US exposure is “quite small”. Published Tue, May 6, 2025 · 11:50 AM [HONG KONG] Contemporary Amperex Technology Co Limited (CATL), the world’s top maker of electric vehicle (EV) batteries, is…
Read MoreHong Kong DIY watch brand sets sights on Europe amid Trump tariffs
[HONG KONG] When Washington announced higher tariffs and the axing of a de minimis rule that allowed for low-value packages from Hong Kong and mainland China to enter the United States free of duties, Quinn Lai felt it was “game over” for his watch brand. Lai is the founder of DIY Watch Club, which sells…
Read MoreMet Gala 2025: Zendaya and Anna Sawai Accidentally Twin in Nearly Identical Looks
“This is what I’d wear in my regular life if I was going out,” the New Zealander told the publication, referring to the blazer she had on. “Except definitely with sneakers instead.” Otherwise, Sawai added, “I’m glad I didn’t change into my sweatpants, which are far more normal for me.” But when dressing up, she…
Read MoreNew Zealand PM proposes banning under-16s from social media
Published Tue, May 6, 2025 · 10:11 AM [SYDNEY] New Zealand’s prime minister on Tuesday proposed banning children under 16 from social media, stressing the need to protect them from the perils of big tech platforms. Regulators the world over are wrestling with how to keep children safe online, as social media is increasingly flooded…
Read MoreCATL starts gauging interest for potential US$5 billion Hong Kong listing
The company is barrelling ahead with the offering in spite of the turbulent markets that have been whipsawing on the back of US President Donald Trump’s tariffs Published Tue, May 6, 2025 · 09:48 AM [HONG KONG] Contemporary Amperex Technology Co Limited (CATL), the world’s largest maker of batteries for electric vehicles, began gauging investor…
Read MoreIFA defends valuation methods in Sinarmas Land offer as ‘appropriate’ amid criticism
[SINGAPORE] W Capital Markets, the independent financial adviser (IFA) appointed by Sinarmas Land to opine on its privatisation offer by the Widjaja-family linked Lyon Investments, responded to criticisms by The Business Times and the Singapore Investors Association (Singapore) or Sias, arguing that its advice was “appropriate” and “consistent with widely accepted industry practice”. Both parties…
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