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disposal
Deals, joint ventures & alliances
OCBC disposes entire 33.33% stake in Hong Kong Life Insurance
OCBC disposes of holdings in Hong Kong Life Insurance for HKD$589.3 million.
22 days ago
M&A
Oceanus disposes aquaculture farms in China for $19.2 mil
Oceanus expects to book a $10.5 mil gain from the sale of its aquaculture farm in China.
26 days ago
M&A
Mewah International disposes land in Selangor for RM14.8 mil
Mewah International disposes off land in Selangor for $4.4 mil.
November 15, 2024
Company in the news
Boldtek Holdings sells stake in Boldtek Projects for $230,000
Based on Boldtek Projects’ management accounts for FY2024 ended June 30, the subsidiary reported a net loss of $2.1 million for the year.
October 18, 2024
Company in the news
HG Metal disposes of entire 51% stake in Myanmar joint venture
Its subsidiary's shareholding of 30,486 ordinary shares in First Fortune were disposed for $2.4 million.
February 13, 2024
M&A
Wilmar to dispose 30.05% stake in sugar production business for $813.2 mil
The group has also acquired more shares in Morocco-incorporated Wilmaco and Saudi company Durrah Advanced Development.
July 30, 2023
Corporate moves
ST Engineering exits US marine business
ST Engineering has disposed of its entire US marine business to Bollinger for $21 mil.
November 07, 2022
Deals, joint ventures & alliances
Li & Fung forms strategic partnership with Maersk; disposes Temasek jointly-owned logistics business
Li & Fung forms strategic partnership with Maersk; disposes Temasek jointly-owned logistics business
December 22, 2021
F&B sector
Tung Lok disposes of 40% stake in associate company for 21 cents
The 40% stake in Beijing Xihe Tung Lok Restaurant Company comprises an issued and paid-up capital of RMB400,000 ($84,317).
November 02, 2021
M&A
Japfa disposes of 7.5% equity stake in subsidiary AustAsia for $117.9 mil
The move is part of Japfa’s plans to grow into the largest independent raw milk producer in China.
August 31, 2021