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HG Metal subsidiary to buy industrial property in Tuas for S$20.8 million
[SINGAPORE] A unit of steel distributor HG Metal Manufacturing has exercised an option to purchase (OTP) an industrial property in Tuas for S$20.8 million, a move that will more...
Sunpower Group to buy stakes in two China thermal energy projects
It will take 15% equity interest in Xinneng Thermal Power, and the remaining interest in Changshu Thermal Power that it does not own[SINGAPORE] Sunpower Group on Thursday (Dec 4)...
S-Reits poised for upturn with ‘buy’ call on 5 blue-chips: UOBKH
Brokerage also favours Lendlease, CLAR and CLAS, citing safe haven liquidity inflow into Singapore, lower cost of debt[SINGAPORE] UOB Kay Hian (UOBKH) analyst Jonathan Koh has kept an “overweight”...
J&J to buy Halda Therapeutics in US$3.05 billion cash deal
[NEW YORK] Johnson & Johnson has agreed to buy the cancer treatment biotech Halda Therapeutics for US$3.05 billion cash, part of a strategy to cope with eroding sales for...
US: Wall Street opens slightly higher as traders buy the dip ahead of sentiment data
[NEW YORK] Wall Street’s main indexes opened slightly higher on Friday, as investors sought to buy the dip following a brief pullback, while awaiting the consumer sentiment data for...
Musk answers Tesla’s pay proposal with US$1 billion stock buy
ELON Musk responded to an unprecedented pay proposal from Tesla’s board by buying about US$1 billion worth of shares, sending the stock soaring in premarket trading.The billionaire bought the...
Brookfield in talks to buy Yes! Communities from Singapore’s GIC in US$10 billion deal, FT reports
Denver-based Yes! manages tens of thousands of factory-built affordable homes in the US[SINGAPORE] Brookfield Asset Management is in talks to acquire Yes! Communities from Singapore’s GIC in a deal...
Databricks to buy Sequoia-backed Tecton in AI agent push
[TORONTO] Databricks will acquire machine learning startup Tecton to expand its artificial intelligence (AI) agent offerings, the latest in a string of deals aimed at offering full-scale AI building...
