Real Estate
Seven & i says founding family unable to secure funding for US$58 billion buyout
JAPAN’S Seven & I Holdings said on Thursday the retailer’s founding Ito family could not secure the financing required for a US$58 billion management buyout, and it would consider...
Stocks to watch: ST Engineering, CLI, Yangzijiang Shipbuilding, Sembcorp, Golden-Agri
THE following companies saw new developments that may affect trading of their securities on Friday (Feb 27). ST Engineering: The defence and engineering group on Thursday reported a net...
Sembcorp doubles dividend on higher earnings, shuffles business leadership
It proposes final dividend of S$0.17 per share, compared with S$0.08 in the previous periodSEMBCORP Industries on Thursday (Feb 27) reported a 14 per cent rise in total net...
CapitaLand Investment back in the black with S$148 million H2 profit; proposes special dividend-in-specie of CICT units
REAL estate group CapitaLand Investment (CLI) swung to a net profit of S$148 million for its second half ended December, from a net loss of S$170 million in the...
CapitaLand Investment back in the black with S$148 million H2 profit; proposes special distribution of CICT units
THE board of real estate group CapitaLand Investment (CLI) proposed on Thursday (Feb 27) to distribute a core dividend of S$0.12 per share, as well as a special dividend-in-specie...
Qantas splurges on dividends as strong travel demand boosts profit, shares jump
AUSTRALIA’S flag carrier Qantas Airways on Thursday declared a special dividend for the first time in more than two decades and reported first-half profit ahead of estimates, helped by...
Amazon unveils long-awaited AI version of Alexa assistant
AMAZON.COM has rebooted Alexa with artificial intelligence (AI). The rollout marks the biggest overhaul of the voice-activated assistant since the company introduced it more than a decade ago. The...
Ben & Jerry’s founders discuss buying back brand from Unilever
THE founders of Ben & Jerry’s have expressed interest in buying back their namesake ice cream brand from Unilever, according to sources familiar with the matter.Ben Cohen and Jerry...
