Elffie Chew

1 week ago | bloomberg.com | Elffie Chew |Manuel Baigorri

Gold mine. Photographer: Carla Gottgens/Bloomberg(Bloomberg) -- PT Rajawali Corp., an Indonesian conglomerate owned by tycoon Peter Sondakh, has halted a potential sale of its controlling interest in gold miner PT Archi Indonesia, according to people with knowledge of the matter. The decision to pause the process was made because Archi’s financial position has improved following an increase in the price of gold, the people said, asking not to be identified discussing confidential information.

2 weeks ago | news.bloombergtax.com | Elffie Chew |Anuradha Raghu

Yinson Holdings Bhd. Chairman Lim Han Weng is in talks with various parties about a potential deal involving their shareholding in the Malaysian energy infrastructure company. Yinson said talks are at an exploratory stage and there’s no conclusive indication that they’ll lead to a deal, according to a stock exchange filing on Monday. Bloomberg News reported last week that Stonepeak Partners was in exclusive talks for a deal valuing Yinson at as much as 9 billion ringgit ($2.1 billion).

2 weeks ago | news.bloomberglaw.com | Elffie Chew |Anuradha Raghu

Yinson Holdings Bhd. Chairman Lim Han Weng is in talks with various parties about a potential deal involving their shareholding in the Malaysian energy infrastructure company. Yinson said talks are at an exploratory stage and there’s no conclusive indication that they’ll lead to a deal, according to a stock exchange filing on Monday. Bloomberg News reported last week that Stonepeak Partners was in exclusive talks for a deal valuing Yinson at as much as 9 billion ringgit ($2.1 billion).

3 weeks ago | news.bloombergtax.com | Julia Fioretti |Pei Li |Elffie Chew

Link REITis considering listing a real estate investment trust in Singapore that would include some of its properties outside of China and Hong Kong, according to people familiar with the matter. Hong Kong-based Link has held early discussions with advisers on the potential initial public offering, the people said, asking not to be identified because the information is private. Deliberations are preliminary and the company may decide to not proceed with a listing, the people said.

3 weeks ago | bloomberg.com | Julia Fioretti |Pei Li |Elffie Chew

The Queen Victoria Building (QVB) shopping arcade in Sydney, Australia, on Wednesday, Nov. 22, 2023. Australia’s remaining inflation challenge is “increasingly homegrown and demand driven” compared with earlier supply-side disruptions, with implications for policy, Reserve Bank Governor Michele Bullock said.