SUBSCRIBERS
SIIC to raise stake in Longjiang to 58%
Published Tue, Oct 18, 2016 · 09:50 PM
Singapore
SIIC Environment Holdings is looking to acquire a further 32.6562 per cent stake in Longjiang Environmental Protection Group, for a total sum of 836 million yuan (S$172.5 million).
The sum, to be satisfied fully in cash, will be funded by internal cash resources and borrowings.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Carnival’s Princess brand revises 2025 world cruise routes amid Red Sea tensions
Google to pay up to US$6 million to News Corp for new AI content, The Information reports
Restaurant Brands tops estimates as Burger King overhaul pays off
Yen falls after suspected intervention on Monday; eyes on Fed
US: Wall St opens lower on labour costs data
TikTok shop tops 500,000 US sellers after 2023 e-commerce launch