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Veteran bankers Eric Tham and Tan Jeh Wuan to join board of Raffles Medical’s insurance unit
VETERAN bankers Eric Tham and Tan Jeh Wuan have been designated to the board of Raffles Health Insurance as non-executive and independent directors, with effect from Feb 1, 2025.Commenting...
Far East Orchard unit acquires additional stake in Woodlands Square for S$25 million – The Business Times
A UNIT of Far East Orchard (FEO) has acquired an additional stake in its commercial property in Woodlands for S$25 million.Woods Square, an integrated commercial development comprising offices and...
Jack Ma-backed Ant Group unit Anext Bank appoints CEO-designate – The Business Times
Digital wholesale bank Anext Bank, a wholly owned subsidiary of Jack Ma-backed Ant Group’s overseas unit Ant International, welcomed a new chief executive officer on Friday (Jan 24). Deputy...
Taiwan’s HTC to sell part of XR unit to Google for US$250 million – The Business Times
TAIWAN’S HTC said on Thursday (Jan 23) it will sell part of its unit for extended reality (XR) headsets and glasses to Google for US$250 million and transfer some...
CDL’s Kiwi unit makes NZ$2.25-a-share offer to delist M&C New Zealand – The Business Times
CITY Developments Ltd’s (CDL) wholly owned subsidiary intends to purchase all the fully paid ordinary shares in hotel company Millennium & Copthorne Hotels New Zealand (MCK) that it does...
United Hampshire US Reit unit sells supermarket property for US$23.8 million – The Business Times
United Hampshire US Real Estate Investment Trust (Reit), through its indirect wholly owned subsidiary UH US Albany 2019, has sold a supermarket property in the US state of New...
Gordon Tang and wife increase cash offer for Suntec Reit to S$1.19 a unit
THE mandatory conditional cash offer made by property tycoon Gordon Tang and his wife Celine to acquire all the units of Suntec Real Estate Investment Trust (Reit) was on...
RHB cuts IReit target to S$0.34; flags potential privatisation on further unit price declines
RHB Research has lowered its target price on IReit Global to S$0.34 from S$0.40 previously, as it expects the real estate investment trust’s (Reit) near-term distribution per unit (DPU)...