Unit
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Olam selling IT and digital services unit Mindsprint to Wipro for US$375 million
The agri-food giant will also spend US$100 million annually with the global tech company for eight years [SINGAPORE] Agri-food giant Olam Group is selling its information technology and digital services…
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Thai hotel empire weighs US$1 billion Reit, unit IPO to cut debt
Minor International will sell 14 hotels in Europe and Thailand into the Reit, which will be listed in Singapore in H2 Published Fri, Feb 20, 2026 · 05:54 PM MINOR…
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Gold and silver beat equities, unit trust funds as top entry point for new OCBC retail investors
While precious metals can play a stabilising role in portfolios, allocations should ‘stay measured’, says the bank [SINGAPORE] Precious metals edged out equities and unit trust funds as the preferred…
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Centurion Corporation unit acquires 65% stake in factory building plot for S$4.8 million
The aim is to develop and operate a purpose-built workers accommodation on the site [SINGAPORE] A wholly owned subsidiary of property player Centurion Corporation has purchased a 65 per cent…
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Seatrium seeks US$55.7 million from unit of Brazil’s Petrobras over ongoing dispute, starts arbitration
Its subsidiary Jurong Shipyard faces a US$79.6 million payment demand from the Brazilian state-run oil firm [SINGAPORE] Jurong Shipyard, a wholly owned subsidiary of Seatrium , has commenced arbitration proceedings…
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News Corp beats quarterly revenue estimates on growth in Dow Jones unit
Published Fri, Feb 6, 2026 · 06:44 AM NEWS Corp beat Wall Street estimates for second-quarter revenue on Thursday, bolstered by growth in its Dow Jones, digital real estate and…
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Straits Trading unit to divest South Korea logistics property for 432 billion won
[SINGAPORE] The Straits Trading Company is divesting a freehold logistics facility in Incheon, South Korea, for 432 billion won (S$377.6 million) as part of its strategy to recycle capital from…
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Prudential pays RM1.5 billion to raise stake in Malaysia unit to 70%
The insurer currently holds a 51% interest while local partner Detik Ria owns the rest [SINGAPORE] Prudential will pay RM1.5 billion (S$483 million) in cash to increase its stake in…
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Alibaba plans IPO for AI chipmaking unit T-Head: sources
As a first step, Alibaba plans to restructure the unit as a business partly owned by employees Published Thu, Jan 22, 2026 · 05:17 PM [SINGAPORE] Alibaba Group Holding is…
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Seatrium unit faces 130 million euros in claims from consortium partner amid arbitration proceedings
Seatrium adds that it is currently ‘unable to definitively ascertain the financial impact, if any’ [SINGAPORE] Seatrium New Energy (SNE), a wholly owned subsidiary of Seatrium , and Norwegian energy…
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Aberdeen adviser unit hit by outflows over UK Budget uncertainty
Its clients pulled out £2.5 billion in the three months till December, against £500 million in the previous period Published Wed, Jan 21, 2026 · 05:44 PM [LONDON] Aberdeen Group…
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OCBC sets up securities financing unit for institutional investors
It will create opportunities for these customers to earn fee income by lending out their idle securities, says lender [SINGAPORE] OCBC has set up a dedicated securities financing unit for…
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Stamford Land unit is being sued over alleged defects in Sydney project
The claims involve alleged deficiencies in the design and construction of Macquarie Park Village [SINGAPORE] Stamford Land on Friday (Jan 16) announced that its wholly owned subsidiary HSH Hotels (Australia)…
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CapitaLand Ascendas Reit buys US property from DHL unit for S$94.5 million
[SINGAPORE] The manager of CapitaLand Ascendas Reit (Clar) on Friday (Jan 16) announced its purchase of a logistics property in Columbus, Ohio, in the US for S$94.5 million, payable in…
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GIC, EQT weigh joint bid for Volkswagen’s 6-billion euro Everllence unit: sources
A potential Everllence sale comes as VW seeks to boost profitability and streamline its sprawling operations [FRANKFURT] A majority stake in Volkswagen’s heavy diesel engine unit Everllence is attracting interest…
