United Overseas Bank joined larger rival DBS Group in returning excess capital to shareholders after delivering…
Category: EQUITY/M&A
AMMB WITHDRAWS RM1.2B SALE OF INSURANCE UNIT TO GREAT EASTERN
Malaysian lender AMMB Holdings said yesterday that the proposed sale of its Malaysian insurance businesses, jointly…
GRAB & GOTO IN MERGER TALKS
Southeast Asian ride-hailing and food delivery company Grab is in advanced talks to merge with its…
MMC PORT APPOINT UNDERWRITERS FOR RM6B IPO
MMC Port Holdings has hired CIMB and Maybank to work on a more than RM6 billion…
INDONESIA’S VAT HIKE U-TURN LEADS TO UNCERTAINTY
By Rania Teguh Indonesian President Prabowo Subianto’s U-turn on increasing the value-added tax from 11 to…
RYT BANK: AI-POWERED DIGITAL BANK BY YTL & SEA
By Alexander Wong YTL Digital Bank Berhad, a joint venture between YTL Digital Capital Sdn Bhd and Sea…
WILL THE ‘CHRONIC DISEASE’ OF VIETNAM’S PRIVATE BANKS EVER BE TREATED?
BY Le Hong Hiep Truong My Lan’s death sentence for gross embezzlement sends a chilling warning,…
SINGPOST SHARES FALL BY 11%
Shares of Singapore Post saw a sharp selloff on Monday (Dec 23) after the firing of three…
KEY SINGAPORE STOCKS PERFORM WELL BUT OUTLOOK GRIM
Singapore’s main stock index is on track to have its best annual performance since 2017, but…
MAHB US$4B TAKEOVER BID, DEEMED REASONABLE BY
A takeover bid for Malaysia Airports Holdings by a consortium comprising the country’s sovereign wealth fund…