M2 Group Launches Rival A$1.5B Offer for iiNet
M2 Group has launched a takeover offer for
internet-service-provider iiNet Ltd., setting the scene for a
possible bidding war with TPG Telecom Ltd. (published 0046 GMT)
PetroAsian Energy Holdings to Buy Liquefied Gas Business for HK$950 Mln
PetroAsian Energy Holdings Ltd. will purchase a liquefied gas
business for 950 million Hong Kong dollars in a deal that allows it
to diversify its business after booking a loss in 2014. (published
0106 GMT)
Ten Network in Talks to Secure Foxtel as an Investor
Australian broadcaster Foxtel may be poised to buy a stake in
Ten Network Holdings Ltd., one of the country's top free-to-air
broadcasters. (published 0123 GMT)
China Vanke 1Q Net Profit Down 57.5% On-Year
China Vanke Co. Ltd, one of the China's largest property
developers, said its net profit for the first quarter fell a sharp
57.5% from a year earlier, as it sold and completed fewer
properties. (published 0010 GMT)
DBS Group First Quarter Net Profit Rises 10% to S$1.13 Billion, A Record
DBS Group Holdings Ltd. Monday said its first quarter net profit
rose 10% on year on an improvement in its interest income and
margins. (published 0025 GMT)
Emperor International Holdings: Net Profit for Year Ended March 'Significantly Lower' Vs Last Year
Emperor International Holdings Ltd. said after trading hours
Friday that it expects a net profit for the year ended March that
is "significantly lower" compared to a year ago due in part to
higher operating and finance costs. (published 0013 GMT)
Sunway International Holdings: Net Loss for 15 Months Ended December Deepens to HK$389.3 Mln
Sunway International Holdings Ltd. said its net loss for the 15
months ended December 2014 deepened to 389.3 million Hong Kong
dollars from a loss of HK$193.5 million for the comparable period a
year prior due to deterioration of electronics sales. (published
0030 GMT)
Frasers Commercial Trust: In Pact to Build Hotel in Singapore
Frasers Commercial Trust Monday said it has signed agreements to
build a hotel project in Singapore and buy a property in Australia.
(published 0148 GMT)
Soilbuild Business Space REIT Establishes S$500 Million Debt Program
Soilbuild Business Space REIT has established a multicurrency
debt issuance program with DBS Bank Ltd. to raise up to 500 million
Singapore dollars . (published 0059 GMT)
P&G Joins Movement to Cut Ad Costs
The world's largest advertiser wants to spend less on marketing,
dealing another big blow to an industry already battered by
corporate cost-cutting. (published 0010 GMT)