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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.
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.
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.
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.
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.
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
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.