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Markets 14 May 2016 | 12:00 AM

Sell in May and go away

THIS month, the financial adage “Sell in May and go away’ has been grabbing headlines again. Discussions surrounding this seasonal anomaly in the stock market don’t seem to be out of fashion even though some of the selling pressure in May may be event-specific.

Corporate News 02 Mar 2016 | 12:00 AM

Barclays to sell down stake in Africa unit

LONDON: Barclays Plc said it will sell down the stake in its Africa business and reorganise the company into two divisions, as fourth-quarter profit fell by more than half.

Business 01 Feb 2016 | 11:21 PM

Shell to sell stake in Malaysian plant to China private refiner

SINGAPORE: Royal Dutch Shell said on Monday it had agreed to sell its shares in Shell Refining Company in Malaysia to a unit of a private Chinese refiner for $66.3 million.

Business 20 May 2013 | 9:36 AM

Crest Builder adopts sell some, keep some strategy

PETALING JAYA: Employing the “sell some and keep some” strategy in the properties Crest Builder Holdings Bhd construct, it sees itself venturing into retail space management with its latest investment property Tierra Crest and possibly the upcoming Dang Wangi light rail transit (LRT) redevelopment project, or aptly known as The Bank.

Business 22 May 2013 | 2:07 PM

Green Packet ready to sell some assets

PETALING JAYA: Green Packet Bhd is ready to sell some of its assets as part of its strategy to improve its financials, said its head honcho.

Business 05 Jun 2015 | 6:56 AM

UK to sell Royal Mail stake, targets 1.5 billion pounds

LONDON: Britain will sell its 30 percent stake in postal operator Royal Mail, currently worth about 1.5 billion pounds, as it renews its drive to wipe out the budget deficit, Chancellor George Osborne said on Thursday.

Business 01 Jul 2015 | 7:03 AM

GE to sell European private equity financing unit to SMBC for US$2.2bil

TOKYO: General Electric Co said it would sell its European private equity financing business to a unit of Japan's Sumitomo Mitsui Banking Corp for about $2.2 billion as the U.S. conglomerate sheds financial assets amid a restructuring.

Business 03 Apr 2019 | 12:00 AM

Nextgreen plans to sell pulp and paper to Marubeni

PETALING JAYA: Nextgreen Global Bhd has executed a letter of intent (LoI) to sell pulp and paper from its mill in Pahang to Japan-based Marubeni Corp.

Corporate News 25 Jan 2019 | 1:23 AM

Singapore's Olam plans $1.6 billion in divestments; to sell rubber, fertiliser units

SINGAPORE: Singaporean commodity trader Olam International said on Friday it will sell its sugar, rubber, wood products and fertiliser businesses and other assets to release $1.6 billion of cash to reinvest as part of a six-year strategic plan

Auto 22 Oct 2018 | 12:17 AM

Fiat Chrysler agrees to sell Magneti Marelli to Calsonic Kansei

MILAN/LONDON: Fiat Chrysler has agreed to sell its Magneti Marelli unit to KKR's Calsonic Kansei, two sources familiar with the matter said on Sunday, adding the deal would be announced on Monday.