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  • November 28, 2014
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Results 1 - 10 of 11 for singapore

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  1. Business - Banking & Finance - TAKEOVERS

    Singapore’s OCBC to buy Wing Hang Bank for HK$38.4b

    Posted Apr 01st 2014, 08:33am by KANIS LI

    ... Kanis Li kanis.li@scmp.com Singapore lender taps into growing Southeast Asia-Greater China money flows with acquisition of city's second largest family-controlled bank OCBC offers HK$38b for Wing Hang Bank Oversea-Chinese Banking Corp, Southeast Asia's second-largest lender, has offered HK$38.4 billion to fully acquire Wing Hang Bank, the eighth-largest lender in Hong ...

  2. Business - Companies - TAKEOVERS

    Virgin Australia cashes up to mount Qantas challenge

    Posted Oct 31st 2012, 12:00am by Bloomberg

    ... Bloomberg in Sydney Airline sells 10 per cent stake to SIA and seeks control of two rival operators in Australia Virgin cashes up to mount Qantas challenge Virgin Australia sold a 10 per cent stake to Singapore Airlines and sought control of two local rivals, creating the biggest challenge to Qantas Airways' market leadership in more than a decade. SIA will spend A$105 ...

  3. Business - Banking & Finance - TAKEOVERS

    OCBC falls on fears over Wing Hang purchase price

    Posted Jan 08th 2014, 03:42am by BLOOM AND KANIS LI

    ... Kanis Li and Bloomberg OCBC falls on fears over Wing Hang purchase price Shares in Oversea-Chinese Banking Corp fell to a near four-week low in Singapore yesterday amid concern it may pay too much to take over Wing Hang Bank. Wing Hang's biggest shareholders agreed to "engage exclusively" with Singapore-based OCBC until January 31 to complete the terms ...

  4. Business - Banking & Finance - TAKEOVERS

    Citi chief shrugs off entry of newcomers in Hong Kong banking sector

    Posted Jan 20th 2014, 12:20am by KANIS LI

    ... with strong finances usually allows the newly bought subsidiary to rapidly increase its market share aggressively, leading to keener competition with its rivals. Singapore's Oversea-Chinese ...

  5. Business - Banking & Finance - TAKEOVERS

    More than HK$40b to take Wing Hang Bank private, says source

    Posted Dec 03rd 2013, 11:26am by KANIS LI

    ... into discussions with third parties to sell their stake. The Agricultural Bank of China, China Minsheng Bank, Singapore's United Overseas Bank and Oversea-Chinese Banking Corp are rumoured ...

  6. Business - Companies - TAKEOVERS

    Big players get a taste for SE Asian food companies

    Posted Feb 09th 2013, 12:00am by BLOOM

    ... Bloomberg in Singapore and Sydney Big players get a taste for SE Asian food companies An unprecedented wave of deals for Southeast Asian food and drink companies has traders betting ... on food and beverages may climb at least 75 per cent by then from 2000 levels, according to Accenture. Petra, a US$2 billion Singapore-based company that dominates Indonesia's chocolate ...

  7. Business - Banking & Finance - TAKEOVERS

    Yue Xiu makes offer for Chong Hing

    Posted Oct 26th 2013, 02:56am by KANIS LI

    ... the price for Chong Hing would be a benchmark for the possible sale of Wing Hang. Singapore's Oversea-Chinese Banking Corp, United Overseas Bank and Agricultural Bank of China are rumoured ...

  8. Business - Companies - TAKEOVERS

    Battle over Fraser & Neave prolonged as consortium extends offer deadline

    Posted Jan 04th 2013, 12:00am by Bloomberg

    ... Neave, prolonging its battle with a Thai billionaire for control of the Singapore conglomerate. The OUE-led group pushed back the date on its S$9.08-per-share bid to January 14, according ... both offers in a sign that investors expect the bidding war to escalate. OUE, a Singapore-based property company, has enlisted Kirin, Japan's largest drinks maker, in its bid. OUE would ...

  9. Business - Companies - TAKEOVERS

    Thai Beverage chief backs Heineken's Asia Pacific Breweries bid

    Posted Sep 20th 2012, 12:00am by BLOOM

    ... Bloomberg in London Thai billionaire supports Dutch brewer's buyout offer for Singapore-based company Kingpin backs Heineken's APB bid Heineken cleared the biggest hurdle in its ... of Fomento Economico Mexicano's beermaker as it seeks to expand in faster-growing emerging markets, according to data. Singapore-based APB has rights to brew Bintang in Indonesia, Anchor ...

  10. Business - Banking & Finance - TAKEOVERS

    Li's BEA puts up defences against predators

    Posted Dec 05th 2012, 12:00am by Jeanny Yu

    ... institutions, Hong Leong Finance. It also has a property arm, Guocoland, which is listed in Singapore. ...




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