M&A

Singapore’s Temasek Holdings to acquire 30% stake in Danish engineering

Temasek (TEM.UL) will subscribe to secondary shares issued by the Topsoe family, which currently owns 100 percent of the company through Haldor Topsoe Holding A/S. By Reuters|TFM News SINGAPORE (Reuters) – Singapore state investor Temasek Holdings agreed to acquire about 30 percent of Denmark’s Haldor Topsoe A/S, the companies stated. As per the source, in […]

Finance Update World News

Singapore’s OCBC reported its lowest quarterly profit in nearly two years

Singapore’s OCBC reported its lowest quarterly profit in nearly two years OCBC’s weak earnings came from practically every part of its business coupled with a significant jump in its non-oil non-performing loans, Nomura analyst Marcus Chua said in a report. TFM Watch SINGAPORE (Reuters) – Singapore’s Oversea-Chinese Banking Corp Ltd unexpectedly reported its lowest quarterly […]