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Business 20 Apr 2021 | 7:00 AM

Blackstone to sell US$3bil Aussie logistics firm to ESR

SYDNEY: ESR Cayman Ltd has agreed to buy a portfolio of warehouse and logistics assets in Australia from Blackstone Group for about A$3.8bil (US$2.9bil or RM11.96bil) in the country’s biggest real estate transaction in five years.

Corporate News 28 Oct 2019 | 7:00 AM Premium

JS Global pulls Hong Kong listing amid trade gloom

HONG KONG: Household appliances maker JS Global Lifestyle Co Ltd pulled its initial public offering (IPO) of up to HK$3.62bil (US$464mil) on Saturday, the third float delayed in Hong Kong so far this year, two sources told Reuters.

Business 15 Jul 2019 | 12:00 AM Premium

Coping with the new Earning Stripping Rules

Comment: By TAN HOOI BENG.