Articles
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3 days ago |
forbes.com | Jonathan Burgos
Lyon Investments—controlled by the Widjaja family, among the wealthiest clans in Indonesia—raised its offer price for Sinarmas Land by 21% amid criticism from minority shareholders that the original bid to take the company private was too low. The latest offer announced on Saturday values Sinarmas Land—which owns some of the prime office buildings in Jakarta including the 48-story Sinarmas MSIG Tower—at about S$1.6 billion ($1.2 billion).
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3 days ago |
forbesjapan.com | Jonathan Burgos
三井住友銀行（SMBC）は5月9日、インドのイエス銀行の株式20%を1348億ルピー（約2400億円）で取得することで合意した。イエス銀行は2003年設立の大手民間商業銀行で、ムンバイに本社を置いている。 三井住友フィナンシャルグループ（SMBCグループ）は9日、傘下のSMBCがイエス銀行の最大株主インドステイト銀行から13.19%、アクシス銀行やコタック・マヒンドラ銀行などの他の銀行から合計6.81%の株式を取得すると発表した。この取引の完了によりSMBCは、イエス銀行の筆頭株主となる。 イエス銀行は、2020年に不良債権問題に直面した際に、インドステイト銀行を含む他の銀行からの資本注入を受けていた。それ以来、カーライル・グループやアドベント・インターナショナルからの支援も受けるイエス銀行の業績は回復している。...
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4 days ago |
forbes.com | Jonathan Burgos
Tokyo-based Sumitomo Mitsui Banking Corp. (SMBC) has agreed to buy a 20% stake in India’s Yes Bank for 135 billion rupees ($1.6 billion) as the Japanese lender deepens its presence in the world’s most-populous nation. Sumitomo Mitsui, a unit of the Sumitomo Mitsui Financial Group, will buy the shares from the State Bank of India and other Yes Bank shareholders for about 21.50 rupees apiece, the Japanese lender said in a statement late Friday.
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5 days ago |
flipboard.com | Jonathan Burgos
1 hour ago Pakistan: Heavy Fire Exchange Erupts Along India-Pakistan Frontier Pakistan - May 09, 2025 Heavy exchanges of fire erupted along the India-Pakistan border, with both sides launching artillery and drone attacks in a major escalation following India’s “Operation Sindoor.” 1 hour ago Chinese exports, aided by tariff dodging, defy Trump’s trade pressure China’s strong export growth in April, despite sky-high U.S. tariffs, will give Beijing a boost as its officials head to trade talks...
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5 days ago |
forbes.com | Jonathan Burgos
City Developments—controlled by billionaire Kwek Leng Beng and his family—failed in its NZ$71 million ($42 million) bid to buy out Millennium & Copthorne Hotels New Zealand’s minority shareholders. The Singapore-listed property developer held almost 84% of M&C New Zealand at the close of the offer on Thursday, missing the 90% threshold it needed to delist the hotel company, M&C New Zealand said in a regulatory filing.
Journalists covering the same region
Abdul M. Hafiz
Editor at Sripoku.com
Abdul M. Hafiz primarily covers news in Palembang, South Sumatra, Indonesia and surrounding areas.
Lulu Goad
Multimedia Reporter at Tindle Newspapers Ltd.
Lulu Goad primarily covers news in Wellington, New Zealand and surrounding areas.
Narda Margaretha Sinambela
Narda Margaretha Sinambela primarily covers news in Jakarta, Indonesia and surrounding areas.
Dita Angga Rusiana
Assistant Editor at Kompas.com
Dita Angga Rusiana primarily covers news in Central Java, Indonesia, including key areas like Semarang and Yogyakarta.
Dewangga Ardhiananta
News Editor at Tribun News
Dewangga Ardhiananta primarily covers news in various locations across Indonesia, including Java and Sumatra, as well as surrounding islands.
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