Divestments

Chevron plans to finalise Singapore oil assets sale in Q1: Sources

The deal may include retail stations in Cambodia and Malaysia.

CapitaLand Integrated Commercial Trust to sell Bukit Panjang Plaza for $428 million

The sale of Bukit Panjang Plaza is part of CapitaLand Integrated Commercial Trust’s broader portfolio reconstitution strategy.

HSBC said to be weighing sale of Singapore insurance business

HSBC’s Singapore insurance business includes life and critical illness, savings, personal accident and health.

Japan’s Eneos leads bids for Chevron’s Singapore oil refinery stake: Sources

A Singapore Refining Company (SRC) plant at Jurong Island. A source put the value of Chevron’s SRC stake at hundreds of millions of dollars.

ESR-Reit sells 8 non-core Singapore properties for $338m in distribution dilutive divestment

The $338 million price tag represents a 2% premium to the independent valuation of the properties as at Nov 30.

CDL sells Osaka hotel to Blackstone-managed real estate funds for $117 million

Set to complete in December, the proposed divestment marks the group’s fourth major capital recycling transaction in 2025.

CDL’s shares jump as it sells US multi-family asset for $186.8 million

CDL said the sale of the 250-unit residential property in California allows it to lower gearing and redeploy capital.

SoftBank sells its entire Nvidia stake for $7.6 billion, stirring fresh AI bubble fears

SoftBank had sold its Nvidia shares to bankroll CEO Masayoshi Son’s sweeping AI push, built around his “all in” bet on ChatGPT-creator OpenAI.

SingPost sells 14 HDB shophouse units to Trans-Cab unit for $55.5 million

SingPost’s estimated gain from the disposal of the HDB shophouses is $49.1 million.

Starbucks to sell control of China business to Boyu Capital in $5.2 billion deal

Starbucks’ market share in China has shrunk due to fierce competition from local coffee chains that offer cheaper products amid an economic slowdown.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.