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JAKARTA: One of Indonesia’s biggest tycoons, Anthoni Salim, risks a rare setback if a US$3bil deal between companies he controls is rejected by shareholders today.
HONG KONG: A group of investors including Malaysian conglomerate Hong Leong Group and U.S. buyout firm TPG Capital is in advanced talks to buy hospital operator Columbia Asia, according to people familiar with the matter.
SINGAPORE: Sembcorp Industries Ltd and Keppel Corp are among parties planning to study bids for Hyflux Ltd’s biggest asset, according to people with knowledge of the matter, in a sale that’s key to helping the cash-strapped company get back on its feet.
SINGAPORE: Even in Asia, where business is often a family affair, Singapore-based tech startup SourceSage is unusual.
KUALA LUMPUR: After almost two years, Cab Cakaran Corp Bhd’s plan to set up an integrated poultry business partnership with Indonesia’s Salim Group has finally progressed beyond the memorandum of understanding (MoU) stage.
JAKARTA: A company controlled by billionaire Anthoni Salim offered to acquire the rest of China Minzhong Food Corp in a deal valuing the Chinese company at S$786mil (US$584mil), helping the Indonesian tycoon exercise greater control over a food empire spanning potato chips, instant noodles and cooking oil.
SYDNEY: A company run by Indonesian billionaire Anthoni Salim has agreed to buy Australian coal assets from Rio Tinto Group for US$224mil, expanding in an industry suffering from a global glut and plunging prices.
PETALING JAYA: An entity linked to Indonesia’s Salim Group has emerged as a substantial shareholder of integrated poultry company CAB Cakaran Bhd after it bought 10.06 million shares or a 6.69% stake in the company via an off market transaction on Jan 20.