Exit

Country garden seeking exit from Chinese chipmaker CXMT: sources
Country garden seeking exit from Chinese chipmaker CXMT: sources
AS CHINESE property developer Country Garden Holdings struggles under a mountain of debt, its venture capital arm is considering selling its stake in a chipmaker that may become a...
Best World raises exit offer price to S.56 per share in final offer
Best World raises exit offer price to S$2.56 per share in final offer
BEST World International : CGN 0% said on Friday (May 24) that it will raise its exit offer price to S$2.56 per share in cash, up from S$2.50 previously,...
Chevron prepares for North Sea exit after more than 55 years
Chevron prepares for North Sea exit after more than 55 years
Chevron said it is set to launch the sale of its remaining UK North Sea oil and gas assets, in a move that would mark the US energy giant’s...
Shell to exit South Africa’s downstream businesses
Shell to exit South Africa’s downstream businesses
Oil major Shell will divest its majority shareholding from a local South African downstream unit after a comprehensive review of its businesses across all regions, it said on Monday...
HSBC changes insurance head after Hingston’s surprise exit
HSBC changes insurance head after Hingston’s surprise exit
THE head of HSBC Holdings’ insurance business is unexpectedly leaving the Asia-focused lender after two years in the post, and will be replaced by veteran insider Ed Moncreiffe. Greg Hingston...
Best World makes exit offer at S.50 per share via selective capital reduction
Best World makes exit offer at S$2.50 per share via selective capital reduction
BEST World on Wednesday (Apr 3) proposed to offer S$2.50 in cash per share by way of a selective capital reduction to eligible shareholders to privatise the business.The offer...
Best World makes exit offer at S.50 per share via selective capital reduction
Hot stock: Best World jumps 10.8% after exit offer at S$2.50 per share via selective capital reduction
BEST World’s shares jumped 10.8 per cent after the company on Wednesday (Apr 3) proposed to offer S$2.50 in cash per share by way of a selective capital reduction...
Bank of Japan board divided on economy’s strength upon stimulus exit, March summary shows
Bank of Japan board divided on economy’s strength upon stimulus exit, March summary shows
BANK of Japan policymakers were divided on whether the economy was strong enough to weather an exit from ultra-loose monetary policy, a summary of opinions at the bank’s March...
Sabana should lead smaller Reits with underperforming unit prices to look for an exit
Sabana should lead smaller Reits with underperforming unit prices to look for an exit
Added to that, the Reit’s manager faces challenges in attracting and retaining talent given uncertainties arising from the internalisation push. Recently, some unitholders of Sabana Reit, who were dissatisfied...
BASF to exit joint ventures in China’s Xinjiang amid rights record scrutiny
BASF to exit joint ventures in China’s Xinjiang amid rights record scrutiny
BASF said on Friday (Feb 9) that it would sell its stakes in two joint ventures in the Chinese region of Xinjiang, where human rights groups have documented abuses...