Majority
What does the delisting proposal by Great Eastern mean for the minorities as well as majority shareholder OCBC?
[SINGAPORE] As OCBC makes a conditional exit offer of S$900 million at S$30.15 per share to Great Eastern Holdings’ (GEH’s) shareholders, The Business Times takes a look at the...
BRC Asia signs pact to buy majority stake in Southern Steel Mesh for RM61 million
[SINGAPORE] Steel fabricator BRC Asia said on Tuesday (Apr 22) it has entered into a conditional share purchase agreement to buy a controlling stake of 55 per cent in...
ST Telemedia sells majority stake in Malaysian telecom firm U Mobile
Singapore Technologies Telemedia said on Wednesday (Dec 4) Malaysia’s Mawar Setia will acquire a majority stake in the company’s U Mobile unit, a mobile and broadband service provider in...
EQT and GIC to acquire majority stake in UK’s Calisen from consortium of investors
PRIVATE equity firm EQT and Singapore’s sovereign wealth fund GIC will acquire a majority stake in UK’s Calisen, more than four years after the smart metering company was taken...
Paragon Reit to divest its majority stake in Australian shopping mall for A$192 million
Trust holds an 85 per cent interest in property; remainder is held by listed fund manager MA FinancialPARAGON Reit Management, the manager of Paragon Real Estate Investment Trust (Reit),...
Hanwha shouldn’t need a majority interest in Dyna-Mac to drive long-term shareholder value
INVESTORS appear to be betting heavily that Hanwha Ocean SG will raise its offer price for Dyna-Mac.
Shares in the offshore and marine engineering company closed on Wednesday (Oct...
PSA International subsidiary to acquire majority stake in Polish intermodal operator
The 85 per cent stake in Loconi will be acquired from publicly traded Polish freight forwarder ATC CargoTEMASEK-OWNED port operator PSA International, through its subsidiary PSA Baltics, signed an...
PSA International unit to buy majority stake in Polish intermodal operator
The 85 per cent stake in Loconi will be acquired from publicly traded Polish freight forwarder ATC CargoTEMASEK-OWNED port operator PSA International, through its subsidiary PSA Baltics, signed an...