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ALIBABA Group Holdings said on Monday it will invest $3.6 billion to boost its stake in hypermarket operator Sun Art Retail Group Ltd, gaining further ground in China's retail market.
US$3.6bil deal will see group doubling stake in Sun Art Retail
HONG KONG: Ant Group Co Ltd has received approval from China’s securities regulator for the Hong Kong leg of its US$35bil dual listing.
Blockbuster listing will rank as world’s biggest share sale ever
JACK Ma, the former English teacher who co-founded Alibaba Group Holding Ltd. with $60,000, is poised to become the world’s 11th richest person after Ant Group Co. priced shares for a record initial public offering.
HONG KONG: After helping more than a million brick-and-mortar Chinese retailers modernize their operations, Alibaba Group Holding Ltd has now set its sights on a new target: the country’s outdated factories.
SINGAPORE: Singapore has established itself as a hub for real estate investment trusts (REITs) over the past two decades.
BEIJING/HONG KONG: China's Ant Group, about to make the biggest public sale of shares ever, poses a basic conundrum: what kind of company is it - a financial colossus or a tech giant?
KUALA LUMPUR (Bernama) -- Malaysia Airports Holdings Bhd (MAHB) is targeting to double the current number of freighter flights at the Kuala Lumpur International Airport (KLIA) in the next 10 years following the commencement of operations of the new e-fulfilment hub, Cainiao Aeropolis eWTP Hub, Malaysia.