Tag: billion

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Singapore ship behind world’s worst plastic spill faces US$1 billion price tag — but is it enough?

COLOMBO, SRI LANKA: In a landmark ruling, Sri Lanka’s Supreme Court has ordered the owners of a Singapore-flagged container ship to pay US$1...

Johor secures RM164 billion in data centre projects for Q2, aims to lead Malaysia’s AI and digital economy

JOHOR BAHRU: Johor is rapidly cementing its place as Malaysia’s premier data centre investment hub, with 42 approved projects worth RM164.45 billion (S$50...

Keppel to sell M1 telecom operations to Simba Telecom for S$1.43 billion

SINGAPORE: Asset manager Keppel announced it will sell M1’s telecommunications operations to Simba Telecom for an enterprise value of S$1.43 billion. Keppel will receive...

Keppel to cash in nearly S$1 billion from proposed sale of M1’s telco business to Simba

SINGAPORE: Keppel Ltd has announced plans to sell a major portion of its telecommunications unit, M1, to Simba Telecom in a deal expected...

GIC maintains stable returns, grows portfolio to US$936 billion

SINGAPORE: Singapore’s sovereign wealth fund GIC, which ranks as the 7th largest in the world with US$936 billion (S$1.27 trillion) in assets under...

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