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LHN’s Coliwoo unit sells 20% of stake in subsidiary for S$20,000
MAINBOARD-LISTED LHN said on Monday (Apr 22) that its indirect wholly-owned subsidiary, Coliwoo Holdings, has disposed of its 20 per cent interest in Coliwoo (TK), a LHN subsidiary that...
BNP Paribas hires 30 to build up new China securities unit
BNP Paribas has hired close to 30 people to launch its securities operation in China, re-entering the market after exiting a local joint venture 17 years ago, sources familiar...
Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts
A UNIT of offshore and marine giant Seatrium : S51 0% has been ordered to pay US$108 million to MHWirth, a wholly owned subsidiary of US drilling services provider...
China approves BNP Paribas plan for fully-owned securities brokerage unit
BNP Paribas has received approval from the Chinese securities watchdog to set up a wholly-owned securities brokerage arm in China, the latest foreign financial firm making inroads into the...
Italy seizes US$69 million from Carrefour unit over alleged tax fraud
ITALIAN prosecutors seized US$68.93 million from an Italian unit of French supermarket group Carrefour in connection to a probe on VAT fraud and labour exploitation, legal documents seen by...