Joyce Koh
Stories by Joyce Koh
PAG mulls sale of Singapore restaurant chain Paradise Group
A potential sale could value Paradise Group at as much as S$500 million ($367 million).
UBS managing director set to join Temasek-backed startup iSTOX
Oi Yee Choo will join iSTOX in January as its chief commercial officer.
DBS mulls joining race to acquire Bank Permata Indonesia
Standard Chartered and PT Astra International each own 45% stakes in Permata.
Lendlease’s REIT seeks to raise up to $539m in Singapore IPO
Lendlease’s IPO would be Singapore’s third-largest, after Prime U.S. REIT’s $612 million listing and Eagle Hospitality Trust’s $566 million of
Temasek’s $3b stake sale in retailer A S Watson put on hold due to Brexit, HK turmoil
In addition to the turmoil in A.S. Watson’s home market of Hong Kong, uncertainties around Brexit have affected the retailer’s business in the U.K
UK’s Aviva said to mull over options for Asian unit including sale
The Asian assets could be valued at $3-4 billion and a formal process could start later this year.
Khazanah hires Morgan Stanley to explore options for Malaysia Airlines
Khazanah, the sole shareholder of the airline, aims to get a deal done by the end of this year.
An extra $33b to spend adds to pressure on Singapore’s GIC over returns
The extra money, which will be managed as part of GIC’s total portfolio, comes as the fund warns about low returns in coming years.
Singapore’s GIC says big banks can beat fintech startups if they quickly build similar offerings
GIC's investments span old school players such as UBS Group as well as fintech startups like N26.
KKR said to near partial exit from $2b helicopter firm Weststar
It is in advanced talks to sell a portion of its 40% Weststar holding to the company’s controlling shareholder, Malaysian businessman Syed Azman Sye
