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capital injection
Company in the news
UOB injects RMB2 bil in its China subsidiary
This is UOB’s second capital injection to UOB China.
January 25, 2022
Company in the news
Suntec REIT makes capital injection of $40 mil into entitles of Suntec Singapore International Convention and Exhibition Centre
ARA Trust Management, the manager of Suntec REIT says that Suntec REIT’s wholly-owned subsidiary, Suntec Harmony, has subscribed for new ordinary shares in Harmony Investors Group (HIGL) for a subscription amount of $40 million.
July 01, 2020
M&A
Singtel acquires remaining shares in cybersecurity firm Trustwave
SINGAPORE (May 22): Singtel's wholly-owned subsidiary, Singtel Enterprise Security (US) (SES US) has acquired the remaining 2% stake in Trustwave for US$12 million ($16.1 million) in cash.
May 22, 2018
Broker's Calls
SingPost put on ‘hold’ in anticipation of new CEO
SINGAPORE (March 27): Maybank Kim Eng Research is maintaining its “hold” call on Singapore Post (SingPost) at an unchanged target price of $1.34 given major decisions within the group are likely to be put on hold until new CEO, Paul Coutts officially
March 27, 2017
ST Engineering’s land systems division makes capital injection into Brazilian manufacturing unit
SINGAPORE (Sept 15): ST Engineering said on Thursday that two subsidiaries of its land systems business, ST Kinetics, have injected a total of BRL 8 million ($3.3 million) into the capital of LeeBoy Brazil Equipamentos De Construção Ltda for working cap
September 15, 2016
Perennial acquires 49.9% stake in eldercare operator, Renshoutang
SINGAPORE (Sept 13): Perennial Real Estate Holdings has acquired a 49.9% in Shanghai RST Chinese Medical Co, or Renshoutang, through a capital injection of RMB735.5 million ($149.7 million).
September 13, 2016