With the re-opening of most economies, a large number of companies have begun exploring capacity expansion…
Category: EQUITY/M&A
INDIKA ENERGY EYES US$2 BILLION EV JV WITH FOXCONN
Indonesia’s PT Indika Energy is considering jointly investing US$2 billion with Taiwan-based Foxconn on electric vehicle…
TOP GLOVE STOCK’ PRECIPITOUS RISE & FALL
For a moment, Lim Wee Chai’s ascent looked unstoppable. His Top Glove Corp. grew bigger than…
THAI AIRWAYS AIMS FOR 2024 RESTRUCTURING
Thai Airways International expects to complete its corporate restructuring in two years as the airline’s performance…
MCMC APPROVES CELCOM-DIGI M&A
KUALA LUMPUR: Axiata Group Bhd and Digi.com Bhd received approval from the Malaysian Communications and Multimedia Commission (MCMC) for the…
VIETNAM’S VINFAST TO RELOCATE TO SINGAPORE PRIOR TO IPO
Vietnam’s VinFast is shifting its legal and financial headquarters to Singapore as the fledgling electric vehicle…
TWO CONVICTED OVER 2013’s S$8BILLION PENNY STOCK SAGA
A High Court judge on Thursday (May 5) convicted two people linked to a scheme that…
SEA FOUNDER LOSES HNW RANKING AS SEA’S MARKET CAP FALLS
Just a few months ago, Forrest Li had a US$22 billion fortune and was the richest…
THAIBEV EXPLORING US$1B SINGAPORE IPO FOR BEER UNIT
Singapore-listed Thai Beverage TBEV.SI is looking to raise as much as US$1 billion through the revived Singapore initial…
GoTo’s IPO SUCCESS CREDITED TO ITS ECOSYSTEM NETWORK
Analysts say odds-defying market debut reflects regulatory changes, strong branding and careful courting of investors. When…