SGX Watch: – Cut BII price, Maybank told – Business Times Malaysia
Temasek Says Maybank Didn’t Take Improved Offer (Update1) – Bloomberg
Sept. 27 (Bloomberg) — Temasek Holdings Pte said it offered a S$236.4 million ($166 million) rebate to Malayan Banking Bhd. to improve the terms of an Indonesian stake sale, which wasn’t accepted at yesterday’s deadline for the transaction. Temasek
Source: www.bloomberg.com
View From Asia – Nation
William Greider : Something needs to be done–something fair for the American taxpayer–to salvage Wall Street. We want the same deal Warren Buffet got. Many Asians absorb what is happening in Wall Street with a combination of d j vu, skepticism
Source: www.thenation.com
Thai court issues another warrant for ousted premier Thaksin – Earthtimes
Bangkok – Thailand’s supreme court for political office holders issued an arrest warrant Friday for ousted prime minister Thaksin Shinawatra after he failed to show up to face charges in a case involving the country’s digital lottery. It was the
Source: www.earthtimes.org
Temasek says Maybank did not take lower BII offer – Reuters
Singapore, Sept 27 (Reuters) – Fullerton Financial Holdings, part of Singapore’s Temasek [TEM.UL], said on Saturday it offered an improved deal for the sale of its stake in Bank Internasional Indonesia but Malaysia’s Maybank did not accept it
Source: www.reuters.com
Hamburg group to grow Hapag if bid succeeds – Guardian Unlimited
FRANKFURT, Sept 25 (Reuters) – A Hamburg investor group wants to expand German container shipping company Hapag-Lloyd — put on sale by tourism and shipping group TUI AG — if its bid for Hapag succeeds, one of the main investors said. “I don’t rule
Source: www.guardian.co.uk
UPDATE 1-Malaysia c.bank tells Maybank to cut BII price – Reuters
KUALA LUMPUR, Sept 26 (Reuters) – State-controlled Maybank (MBBM.KL: Quote , Profile , Research , Stock Buzz ) said it had been told by the Malaysian central bank to cut the price of its proposed $2.7 billion acquisition of Bank Internasional
Source: www.reuters.com
Maybank told to renegotiate Indonesian deal – Financial Times
Malayan Banking (Maybank) may miss Friday s deadline to complete the first section of its $2.7bn offer to buy Bank Internasional Indonesia after Bank Negara Malaysia told it late on Thursday to negotiate a lower price. Maybank said the central bank
Source: www.ft.com
Basslink resolution close: CitySpring – ZDNet Australia
“It is certainly leaning towards a conclusion,” a spokesperson for Singaporean company CitySpring, which bought the undersea link in August of last year, told ZDNet.com.au . “We’re trying to create some creative solutions that will work for everyone
Source: www.zdnet.com.au
Maybank misses BII deadline – Financial Times
Malayan Banking (Maybank) missed Friday s deadline to complete the first section of its $2.7bn offer to buy Bank Internasional Indonesia after Bank Negara Malaysia, the central bank, told it late on Thursday to negotiate a lower price. While there
Source: www.ft.com