unit
Temasek unit Azalea is back with another PE-based bond offering – Astrea 9
[SINGAPORE] Azalea Asset Management, an indirect subsidiary of Temasek Holdings, will be launching a new series of bonds backed by 40 private equity (PE) funds.
The indicative total size...
Julius Baer’s first-half profit falls 35% on loan provisions, Brazil unit sale
Published Tue, Jul 22, 2025 · 03:03 PM[BERN] Swiss bank Julius Baer posted a first-half profit of 295 million francs (S$473.5 million) on Tuesday (Jul 22), down 35 per...
RHB Bank’s Singapore unit key to regional growth plan, targets
Published Fri, Jul 18, 2025 · 05:34 PM[SINGAPORE] RHB Singapore, part of Malaysia’s fourth-biggest banking group RHB, will be key in driving its regional expansion plans and help meet...
Amazon’s AWS cloud computing unit cuts jobs
Published Thu, Jul 17, 2025 · 11:57 PM[SAN FRANCISCO] Amazon cut jobs in its Amazon Web Services cloud computing unit on Thursday (Jul 17), a spokesperson confirmed following a...
ST Engineering unit, SP Group to sell joint venture for S$290 million to Singapore fund manager Seraya Partners
[SINGAPORE] ST Engineering Urban Solutions, a wholly owned subsidiary of ST Engineering, has entered into an agreement with national grid operator SP Group to divest their joint venture (JV)...
TSMC unit to issue US$10 billion of stock to counter forex swings
The moves grant TSMC Global more capital flexibility in managing exchange rate risksPublished Wed, Jun 25, 2025 · 07:14 PM[TAIPEI] Taiwan Semiconductor Manufacturing Co’s overseas unit is set to...
Sembcorp unit prices S$300 million fixed rate notes at 3.55%
The offering is close to seven times oversubscribed against the target issuance size [SINGAPORE] Sembcorp Industries announced on Wednesday (Jun 25) that its wholly owned subsidiary Sembcorp Financial Services...
Amid ongoing investigations into its supply chain unit, how did Fu Yu’s board end up with only one director?
[SINGAPORE] A board dispute has left components manufacturer Fu Yu Corporation with no independent directors and only one executive director. Three independent directors, Royston Tan, Christopher Huang and Daniel Poh resigned...
Ant unit to seek stablecoin permits in Hong Kong, Singapore: sources
[HONG KONG] Jack Ma-backed Ant Group’s international unit is planning to apply for stablecoin licences in Singapore and Hong Kong, according to people familiar with the matter.
Singapore-based Ant...
Sembcorp’s renewables unit wins 50MW round-the-clock power project from Indian public sector company
[SINGAPORE] Sembcorp Industries on Thursday (Jun 12) announced that its wholly owned renewables subsidiary Sembcorp Green Infra was awarded a 50 megawatt (MW) round-the-clock power project from Solar Energy...