Finance
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SATS to acquire 10% stake in Evergreen Sky Catering Corp for US$22.3 million from Malaysia Airlines
Singapore-listed SATS has entered into a conditional share sale agreement with Malaysia Airlines to acquire a 10 percent stake in Evergreen Sky Catering Corporation (ESCC) for RM100 million (about US$22.3 million).
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Indonesia-based reinsurer Marein to raise US$41 rights issue in 2017
Indonesia reinsurer Marein is looking to raise US$ 41 million capital in a rights offering, selling up to 130 milion new shares by June next year.
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Japan’s Outsourcing Inc acquires German Orizon Holding for US$85.2 million
Japanese-listed corporate Outsource Inc has acquired the full stake in German temporary work recruitment agency Orizon Holdings for US$85.2 million.
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Warburg Pincus-backed D&J China launches US$1.45 billion industrial park fund with AVIC Trust
Warburg Pincus-backed integrated business park and suburban office operator – D&J Industrial Property Investment Ltd has launched a RMB10 billion (about US$1.45 billion) fund with AVIC Trust to invest in China’s industrial infrastructure.
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Temasek Holdings to take stake in Oxford Sciences Innovation
Temasek Holdings Pte, Singapore’s state-owned investment fund, said it has become a limited partner in Oxford Science Innovation. The financial terms of the investment were undisclosed.
