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Singapore: Investors in Singapore’s struggling water treatment firm Hyflux Ltd trickled out of a windowless hall in a downtown convention centre late Monday night.
HONG KONG: China Water Environment Group Ltd, backed by the nation’s state-owned investment holding company, is considering an initial public offering (IPO) in Hong Kong that could raise more than US$500mil, according to people familiar with the matter.
SINGAPORE: Singapore’s highest profile distressed debt case is set to drag on, after more deadline extensions and a new round of meetings that started Monday.
SEOUL: Shin Kyuk-ho (pic), a wartime migrant to Japan who returned home to build a little-known chewing-gum maker into Lotte Group, South Korea’s biggest retailer, has died. He was 97.
KUALA LUMPUR: Affinity Equity Partners Ltd is considering selling Island Hospital Bhd, a medical hospital in Malaysia, according to sources.
SUBANG JAYA: Sunway Traditional and Complimentary Medicine Centre (Sunway TCM), a unit of Sunway Group Healthcare Services, is expected to generate about RM200,000 a month in revenue this year on the back of growing demand for its services.
U.S. insurers and providers spent more than $800 billion in 2017 on administration, or nearly $2,500 per person - more than four times the per-capita administrative costs in Canada's single-payer system, a new study finds.
KUALA LUMPUR: Kenanga Investment Bank Research keeps its underweight call on healthcare, building materials and neutral on ports & logistics, aviation, Malaysian REITS, plastics and packaging and media.