Million
Wilmar maintains profit expectations; CEO scoops up S$2.7 million of shares as stock falls
[SINGAPORE] Despite a verdict from the Indonesian Supreme Court requiring Wilmar International to pay five billion rupiah (S$387,047) worth of fines and a compensation of 11.9 trillion rupiah on...
F&N Malaysia unit to sell 50% stake in property development JV for about RM180 million
The sale of its interest in the joint venture with Frasers Property is expected to result in a one-off gain of about RM83.2 million[SINGAPORE] Fraser and Neave Holdings Berhad...
Thakral to receive up to £8.1 million in proceeds from potential sale of stake in UK company
The Beauty Tech Group, in which Thakral holds a 9.6% stake, is set to list on the London Stock Exchange in October [SINGAPORE] Thakral on Thursday (Sep 25) announced...
US Steel approves US$300 million tranche of Nippon Steel spending
UNITED States Steel approved a US$300 million investment to upgrade some of its facilities, advancing part of an US$11 billion commitment by Nippon Steel after its takeover of the storied American...
Centurion Accommodation Reit’s offer of 262.1 million units oversubscribed by 16.6 times
[SINGAPORE] The manager of Centurion Accommodation Real Estate Investment Trust (Reit) on Wednesday (Sep 24) said that the 262.2 million units on offer were 16.6 times subscribed.This was based...
Singtel’s Optus served A$100 million fine by Australia’s Federal Court for “appalling” actions against disadvantaged consumers
The telco sold phones and contracts to over 400 such consumers, including those with mental disabilities and learning difficulties, or who were in financial hardship [SINGAPORE] Australian telecommunications company...
Amazon to pay $2.5 billion to settle allegations it duped people into subscribing to Prime