Indonesia’s AISA eyeing controlling stake in Vietnam’s Hanoimilk?

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Indonesian food company PT Tiga Pilar Sejahtera Food Tbk (AISA) has revealed that it plans to invest $80 million towards acquiring stakes in two food processors in Vietnam and Malaysia this year. Several industry executives tracking the development share the view that AISA is eyeing a controlling stake in Vietnamese company Hanoimilk, but this could… Read more »

Temasek eyes Misys software deal: Report

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Singapore state-owned fund Temasek Holdings is among the potential acquirers of UK-based banking supplier software firm Misys, which is being sold by its current owner Vista Equity Partners, a report said. Sky News city editor Mark Kleinman, in a February 5 report, said that Tamasek, along with a number of… Read more »


GIC & Temasek among funds in race to pick stake in merged British telcos: Report

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Singapore’s sovereign wealth fund GIC and its state investment arm Temasek Holdings are among the leading global funds that are that are in the race to pick up to 30% stake in the merged British mobile phone giants – 02 and Three – a report said. Telefonica that owns O2… Read more »


WHA Corp promoter plans to offload 10% stake

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One of the major shareholders of Thailand’s listed warehouse and factory developer, WHA Corp Plc, has decided to sell part of the stake to one of the world’s top three leading funds this week. WHA’s chief executive Somyos Anantaprayoon, declining to reveal the fund’s name, said that the foreign fund had shown interest in becoming WHA’s shareholder… Read more »


GIC might bid for Holcim-Lafarge assets

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Groups led by Blackstone Group and CVC Capital Partners, as well as Ireland’s CRH, submitted bids for assets put up for sale by cement makers Holcim and Lafarge ahead of their planned merger, according to people familiar with the matter. Blackstone teamed up with Cinven and Canada Pension Plan Investment… Read more »


CIMB-RHB-MBSB: mega merger aborted?

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Malaysia’s biggest deal, a three-way bank merger, is reported to be called off some six months after it was proposed, local media reported, citing sources. The deal is likely to fall through as the bigger parties in the merger, CIMB Group Holdings Bhd and RHB Capital Bhd, are believed to… Read more »


Vietnam’s Sun Group to develop Van Don airport?

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Vietnam-based property developer Sun Group, whose projects include Ba Na Hills and luxurious resorts in the central city of Da Nang, has reportedly taken over the development of $800 million Van Don Airport, in northern Quang Ninh province. Vietnamnet Bridge, a domestic media outlet, cited the deputy director of the Quang… Read more »


Temasek weighs options on Standard Chartered?

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Singapore government owned fund Temasek Holdings is weighing its options on troubled bank Standard Chartered, that has operations across 70 countries and employs more than 80,000 people, media reports said. Temasek holds about 18 per cent stake in emerging markets bank Standard Chartered, and is learnt to have sounded out potential… Read more »


VNPT to get new chairman

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Vietnam’s telecom major Vietnam Posts and Telecommunications Group (VNPT) is set to get a new chairman.  According to the local newswires, Pham Long Tran – chairman of the board of members at VNPT – will retire three months early . He had submitted his letter of resignation to the Ministry… Read more »


ThaiBev eyes Vietnam’s beer maker SABECO

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The Thai Beverage Group (ThaiBev) is talking to the authorities in Vietnam to acquire a stake in in SABECO, Vietnam’s largest beverage producer. reported a local news wire. Officials at ThaiBev refused to comment on the proceedings related to the deal. Currently, the company is listed on the Singapore Stock Exchange and has a market capitalization… Read more »