Sias strongly disagrees with IFA opinion on ‘exploitative’ Sinarmas Land offer; urges offeror to revise bid

Sias strongly disagrees with IFA opinion on ‘exploitative’ Sinarmas Land offer; urges offeror to revise bid

[SINGAPORE] David Gerald, the president of Securities Investors Association (Singapore), or Sias, has criticised the offer for Sinarmas Land by the Widjaja family-linked Lyon Investments as “exploitative”, urging the offeror to revise the bid to more fairly reflect the company’s net asset value (NAV). In a statement on Monday (May 5), Gerald said that Sias…

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Netflix co-CEO says India investment has had US$2 billion impact

Netflix co-CEO says India investment has had US billion impact

The world’s largest video streaming platform has been consolidating its position as a premium service in the US$28 billion Indian media and entertainment market Published Mon, May 5, 2025 · 01:32 PM [SEOUL] Netflix said its production investment in India generated US$2 billion in economic impact from 2021 to last year, underscoring the country’s growing…

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Wing Tai’s Amara foray may not help its own minorities

Wing Tai’s Amara foray may not help its own minorities

[SINGAPORE] Minority shareholders of hotel and property group Amara Holdings who did not accept an earlier offer by Amethyst Assets, which closed in early 2024, have reason to cheer. Last week, Amara’s minority investors received a far superior voluntary conditional general offer at S$0.895 per share from DRC Investments, compared with the S$0.60 per share…

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