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disposal
M&A
Mewah International disposes land in Selangor for RM14.8 mil
Mewah International disposes off land in Selangor for $4.4 mil.
13 days ago
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
Offshore & Marine
Ezion sells vessels and subsidiary Teras Sunrise for US$83.7 mil
According to Ezion, the disposals are in line with its restructuring plan previously announced on June 20.
July 14, 2021
Corporate moves
Samudera Shipping Line disposes of container vessel for $16.8 mil
The book value of the vessel stands at US$11.44 million.
July 06, 2021