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Divestments

White Sands mall in Pasir Ris sold for $467m to entity linked to Leisure Park Kallang owner

Singtel sells Gulf Development shares for $1 billion

Singtel said funds from the sale will support dividends, share buybacks and spending on digital infrastructure.
Singtel said funds from the sale will support dividends, share buybacks and spending on digital infrastructure.

Jardine to buy back $642 million shares; S’pore-listed stock falls 4%

Jardine also wants to grow its annual dividend by at least 5 per cent a year through to 2030 and deliver at least 9 per cent annual growth in total shareholder return.
Jardine also wants to grow its annual dividend by at least 5 per cent a year through to 2030 and deliver at least 9 per cent annual growth in total shareholder return.

AllianzGI in exclusive talks to buy UOB Asset Management: Sources

Details are being finalised on a transaction that could be valued at up to $600 million, sources say.
Details are being finalised on a transaction that could be valued at up to $600 million, sources say.

Singapore-listed Jardine eyes more asset sales after $13 billion spree to revamp empire

Jardine Cycle & Carriage is reportedly exploring a sale of its car dealership in Malaysia and Singapore
Jardine Cycle & Carriage is reportedly exploring a sale of its car dealership in Malaysia and Singapore

Jardine C&C said to explore sale of car dealership in Malaysia and Singapore

Jardine Cycle & Carriage brands include Mercedes-Benz, Mitsubishi, Kia, Citroen and Peugeot.
Jardine Cycle & Carriage brands include Mercedes-Benz, Mitsubishi, Kia, Citroen and Peugeot.

CapitaLand Trust buys Paragon mall for $3.9 billion, sells Asia Square Tower 2 for $2.5 billion

Paragon, which houses more than 190 retail brands, will increase CapitaLand Integrated Commercial Trust's presence in Orchard Road.
Paragon, which houses more than 190 retail brands, will increase CapitaLand Integrated Commercial Trust's presence in Orchard Road.

Olam selling IT and digital services unit Mindsprint to Wipro for $483 million

The sale is part of Olam’s strategy to sell off assets over time and distribute the net proceeds to shareholders via special dividends.
The sale is part of Olam’s strategy to sell off assets over time and distribute the net proceeds to shareholders via special dividends.

Amundi, KKR, Temasek unit among bidders for UOB Asset Management: Sources

UOB has been exploring options for its asset management arm, including a possible sale, as it seeks to streamline its portfolio, sources said.
UOB has been exploring options for its asset management arm, including a possible sale, as it seeks to streamline its portfolio, sources said.

OUE REIT, UOB gauging market interest for One Raffles Place as part of asset strategy

OUB Centre holds an 81.54 per cent stake in One Raffles Place, with UOB holding the remaining 18.46 per cent interest.
OUB Centre holds an 81.54 per cent stake in One Raffles Place, with UOB holding the remaining 18.46 per cent interest.

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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.