unit
Yangzijiang Financial says its maritime entry not a conflict of interest with shipbuilding unit
YANGZIJIANG Financial : YF8 0% on Sunday (May 26) said that its entry into the maritime sector will not create a conflict of interest with its sister company, Yangzijiang...
Adnoc to sell about 5.5% additional stake in drilling unit
ABU Dhabi National Oil Company plans to sell a roughly 5.5 per cent stake in its drilling unit, more than two years after it raised US$1.1 billion from an...
India’s Paytm flags further financial impact of banking unit wind down
INDIAN digital payments firm Paytm posted a wider loss in the fourth quarter on Wednesday (May 22) and warned of further financial impact as the company absorbs the full...
Vendor in contract spat with Sembcorp’s wind-power unit in India files new counterclaim
A VENDOR involved in a contract dispute with Sembcorp Industries’ indirect, wholly-owned Indian subsidiary, Green Infra Wind Energy Limited (GIWEL) has added another claim to the dispute, bumping up...
RE&S shares soar 32% day after announcing privatisation offer from unit of Southern Capital Group
SHARES of RE&S Holdings soared on Monday (May 20) after the food and beverage operator on Sunday said that it has received a privatisation proposal from Euphoria Investments, a...
Keppel Reit unit obtains 131 billion won loan facility
A SUBSIDIARY of Keppel Real Estate Investment Trust (Reit) has procured a loan facility of 131 billion won (S$130.1 million), guaranteed by its trustee HSBC Institutional Trust Services, said...
Panasonic’s battery unit misses annual profit estimate
THE energy unit of Japan’s Panasonic Holdings missed its operating profit guidance for the past business year due to lower electric-vehicle battery production in Japan and a fall in...