Equity analysts said that uncertainty over the future of state-owned utility companies could hamper its privatization.
Asia/Pacific
RBS seeks buyer for Australian Schools Portfolio
The Royal Bank of Scotland announced their intention to sell their Australian Schools Portfolio. The Royal Bank of Scotland PLC announced that they are seeking a buyer for a unit that manages and maintains 11 schools in the Victoria state of Australia.
Spotify expands in Asian countries
The London-based online music provider tries to break into several Asian counties in an effort to race with Pandora in global expansion efforts.
Malaysia's Boustead makes plantation REIT private, plans IPO
Malaysia's Boustead planned to make its plantation REIT private and offer an IPO. Malaysian company Boustead Holdings Bhd stated that it would be making private its US$190-million plantation REIT.
Zoomlion, Sany rivalry escalates
Sany alleged Zoomlion of kidnapping Liang Wengeng and his assistant Two of the construction giants in China have escalated their rivalry in an attempt to get a bigger share in the construction equipment industry in the country.
Latest News
EXS Capital committed at least US$35 million into Son Kim Land, a big player in Vietnam's real estate industry.
Rival luxury retail malls in Singapore revealed plans for a public listing, broadening investors' choice.
Blue Sky Private Equity acquired minority stake in Oak Tree Group. Blue Sky Private Equity invested around AUD20 million for a minority stake in retirement community developer Oak Tree Group.
ALS Ltd. agreed to pay SCF Partners US$533 million to buy Reservoir Group. ALS Ltd. agreed to pay SCF Partners US$533 million to buy Reservoir Group. ALS Ltd, the largest the largest provider of commercial testing services in Australia set the transaction to acquire one of SCF Partners biggest portfolio.
Baidu Inc announced plans to acquire stakes in NetDragon Websoft Inc's 91 Wireless. Baidu Inc announced plans to acquire stakes in NetDragon Websoft Inc's 91 Wireless.
Century Bridge together with Coastal Greenland said they would be investing US$45 million for residential development in China.
McDonald's signed a licensing agreement with Good Day Hospitality to open its first store in Vietnam.
The South Korean steel making company pulls out from deal to put up US $5.5 billion plant after land acquisition became difficult.
The opening up of the Indian forex market has allowed the stock exchange to further grow in recent times.
