Sameer Manekar
Stories by Sameer Manekar
China’s Evergrande ordered to repay its property unit $1.8b worth deposit pledges
Evergrande was ordered into liquidation by a HK court last year following its offshore debt default in late 2021.
Chinese property developer Redsun to miss $350m bond payment
The bond was issued in January 2021 with a coupon rate of 7.3%.
DigiCo REIT sees tepid debut after Australia’s biggest IPO in six years
DigiCo manages an A$4 billion portfolio of data centres across the U.S. and Australia.
Australia okays Chemist Warehouse-Sigma Healthcare $5.8b deal
The ACCC said the proposed deal was unlikely to substantially lessen competition.
Malaysian lender CIMB’s CEO Abdul Rahman to step down in June
Rahman will join Malaysia's largest asset manager PNB as new president and group CEO from July 1.
Australia’s CSR backs $2.8b takeover offer from Saint-Gobain
The offer price of A$9.0 per share is at a premium of 13.2% to CSR's last close.
AustralianSuper rejects Brookfield’s ‘best and final’ $10.5b bid for Origin Energy
The consortium said the increased offer was its "best and final" proposal.
EV maker BYD buys US firm Jabil’s China manufacturing business for $2.2b
Jabil Circuit (Singapore) set up a unit this month with a product manufacturing business in Chengdu and Wuxi.
Keppel to rejig corporate structure, sets $150b assets target by 2030
The three units under the new structure would be fund management, investment, and operating platforms.
Australia’s competition regulator blocks Qantas’ acquisition of Alliance Aviation
The deal would substantially reduce competition, the regulator said.