The Straits Times Business News December 24, 2021 12:44 PMSINGAPORE (THE BUSINESS TIMES) – One Championship on Thursday (Dec 23) said it has closed a US$150 million (S$203.7 million) equity financing round led by new investors Qatar Investment Authority, the sovereign wealth fund of Qatar, and Guggenheim Investments, the asset management and investment advisory division […]Continue reading

The Straits Times Business News December 24, 2021 5:00 AMCOPENHAGEN • Container shipping giant Maersk on Wednesday agreed to buy Hong Kong-based LF Logistics for US$3.6 billion (S$4.9 billion) in an all-cash deal, as it seeks to expand beyond its core ocean freight business. Go to Source December 24, 2021 – 12:03 am / Twitter: […]Continue reading

The Straits Times Business News December 24, 2021 5:00 AMHONG KONG • Tencent Holdings plans to distribute more than US$16 billion (S$22 billion) of JD.com shares to its investors as a one-time dividend, representing a near retreat from the Chinese e-commerce firm that has been one of Tencent’s most successful investments. Go to Source December […]Continue reading

The Straits Times Business News December 24, 2021 5:00 AMLocal investors seemed more focused on Santa Claus than shares yesterday, but they still managed to nudge the market up a notch in line with gains in the region. Go to Source December 24, 2021 – 12:03 am / Twitter: @hoffeldtcom

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