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HSBC in talks to sell South African unit to FirstRand
HSBC Holdings is in talks to sell its South African corporate banking unit to FirstRand’s Rand Merchant Bank, people with knowledge of the matter said, as the UK lender...
Sembcorp unit ‘in discussions’ to enter joint venture with India’s Bharat Petroleum Corporation
SEMBCORP Green Hydrogen India is “in discussions” with Indian oil and gas company Bharat Petroleum Corporation to enter a definitive joint-venture agreement for renewable energy and green hydrogen projects...
Microsoft cutting more jobs from its gaming unit
MICROSOFT cutting about 650 more positions from its gaming unit as it continues to tighten its belt following the blockbuster buyout of Call of Duty maker Activision Blizzard.The elimination...
Yangzijiang Shipbuilding to buy 34% stake in Japanese shipbuilder’s unit for 833.1 million yuan
MAINBOARD-LISTED Yangzijiang Shipbuilding is acquiring a 34 per cent stake in a wholly owned subsidiary of Japanese shipyard Tsuneishi Group for a consideration of 833.1 million yuan (S$158.3 million).Announcing...
Yangzijiang Shipbuilding to take 34% stake in Japanese shipbuilder’s China unit for 833 million yuan
MAINBOARD-LISTED Yangzijiang Shipbuilding is acquiring a 34 per cent stake in a wholly owned subsidiary of Japanese shipyard Tsuneishi Group for 833.1 million yuan (S$158.3 million).Announcing the joint venture...
China Development Bank aviation unit buys 80 Airbus A320neos
CHINA Development Bank Financial Leasing agreed to buy 80 Airbus jets in the A320neo lineup to increase the proportion of more fuel-efficient next-generation aircraft in its fleet.The planes, which...
Don Agro unit to acquire stakes in Russian oncology clinic business for 3 billion roubles
DON Agro International’s wholly owned subsidiary, JSC Tetra, has proposed to purchase stakes in a Russian oncology clinic group for 3.04 billion roubles (S$43.7 million), said the company on...
Panasonic’s energy unit prepares for high-capacity EV battery production
THE energy unit of Japan’s Panasonic Holdings has finalised preparations for the mass-production of its high-capacity electric-vehicle batteries, the company said on Monday (Sep 9), as it seeks to...
Centurion unit to set up JV companies to retrofit, manage China residential housing
ACCOMMODATION assets operator Centurion Corporation’s indirect wholly owned subsidiary, Centurion China Investments, will set up two joint venture companies with Xiamen City Home Apartment Management.
The companies will retrofit,...
