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Iconic London power station faces uncertainties
LONDON: With its four white chimneys and solid brick base, Battersea Power Station is London’s most iconic industrial building. But 30 years after closing down, it still eludes efforts to give it a future.
SP Setia said to be keen on fresh bid for London’s Battersea site
PETALING JAYA: SP Setia Bhd, which made two bids of £262mil (RM1.2bil) and £324mil (RM1.5bil) last year for London’s Battersea Power Station site, is said to be keen to make a fresh bid for the ongoing sales tender exercise for the 15.8ha (39.1 acres) freehold site.
Manchester United owners revive US$1 bil IPO plan - report
LONDON (Reuters) - The American owners of English Premier League soccer champions Manchester United have reactivated an earlier plan to float its shares on the stock market in Singapore following improved market conditions, the Sunday Times reported.
Manchester United drops Asia IPO for U.S.
SINGAPORE/HONG KONG: Manchester United, the world's best-supported soccer club, has ditched its plans for an Asian stock market flotation and is preparing to list in the United States, according to sources with knowledge of the deal.
SGX tightens listing rules
SINGAPORE: Singapore Exchange Ltd (SGX) is toughening its listing rules in the wake of a series of accounting scandals at small Chinese firms, hoping stronger corporate governance will attract more large companies to the city-state.
The F&N saga
I FEEL nostalgic this week. On July 18, the OCBC Group in Singapore sold to Thai Beverage Ltd (ThaiBev) its significant interest in the F&N group of companies, Fraser & Neave Ltd (listed on the Singapore Exchange Securities Trading Ltd, SGX).
Manchester United fans group slams Glazers' IPO plan
LONDON: A group of Manchester United fans accused the American Glazer family of milking the English Premier League football team for cash after IPO terms revealed they planned to take half of the proceeds of its flotation.
Astro dividend to stoke interest
PETALING JAYA: Astro Malaysia Holdings Bhds targeted dividend payout ratio of not less than 75% of its annual profit was a move to stoke investor interest in view of slowing pay-television subscriber growth and rising competition, said media analysts.
Man United shares flat in debut after IPO disappoints
LONDON/NEW YORK: Shares in Manchester United Ltd made a flat stock market debut on Friday, a disappointment for the world's most famous football club but one it insisted would have no effect on its ability to acquire top-flight players.
Billionaire Soros reveals stake in Manchester United
NEW YORK: Billionaire money manager George Soros reported a nearly 2 percent stake in Manchester United Plc on Monday, in one of the first revelations of investors in the British soccer club's controversial initial public offering earlier this month.
