Divestments

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.

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 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.

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.

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.

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.

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.

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.

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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.