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In 2024, Singapore-based equity firm Venturi Partners invested US$25 million in Dali, [6] while DEG, the investment arm of the German state-owned development bank KfW, invested another US$8.4 million. [7] In April 2024, the number of stores increased to 630 (all in Luzon), with plans have a total of 950 stores by the end of the year. [8]
The company then expanded into the Philippines in 2014 and Indonesia in 2015. Expanding into three more countries in 2016, [4] [8] that year FWD Group acquired Shenton Insurance in Singapore, [9] also purchasing a unit from Great Eastern Holdings Ltd. in Vietnam [8] for $35 million. [16] In late 2016, FWD agreed to buy AIG's Fuji Life Insurance ...
Metro is the first retailer in Singapore to launch the electronic gift card. The initiative is a partnership between Metro and Network for Electronic Transfer Singapore Pte Ltd (NETS). 2007: Metro City in Beijing is completed. Metro celebrates its 50th anniversary. 2009: Opening of Monsoon Accessorize, the first standalone store, in Ion. 2010
Shopee was first launched in Singapore in 2015, and has grown to become the largest e-commerce platform in Southeast Asia and Taiwan. [26] The company also serves consumers and sellers throughout Southeast Asia (Singapore, Malaysia, Thailand, Philippines, Vietnam, Indonesia), Taiwan, and Brazil. [27] [28]
Philippines Print publishing PHP 100% ABS-CBN Shared Service Center Pte. Ltd. Singapore: Services - support SGD: 100% ABS-CBN Studios, Inc. Philippines Production facility PHP 100% ABS-CBN Telecom North America, Inc. California, USA Telecommunications USD 100% ABS-CBN Themed Experiences, Inc. Philippines Attraction center PHP 100%
The company entered into an agreement to sell its 25.9% stake in Singlife, as well as two debt instruments, to Sumitomo Life Insurance Company for a total cash consideration of SGD1.4 billion (£0.8 billion). The sale is expected to complete in Q4 2023, subject to customary closing conditions and regulatory approvals.
Robinsons exited Singapore and Malaysia in 2020 due to the COVID-19 pandemic.In August that year, Robinsons announced the closure of its Jurong East Mall outlet, [9] followed by their main outlets at The Heeren and Raffles City on 30 October, ending its 162-year history and joining the list of closures in the city-state, such as Topshop, Hotwind and Esprit Holdings.
The company has also been awarded as Superbrands Singapore from 2008 to 2014. [13] [14] Sheng Siong Group Ltd. is publicly listed at the SGX (code: OV8) since 17 August 2011. [15] As of July 2014, the Lim brothers have a net worth of $545 million and are ranked 45th on the Forbes Singapore's 50 Richest list. [16]