Malaysia conglomerate to sell budget carrier to AirAsia X

[ad_1] SEPANG, Malaysia: Malaysia conglomerate Capital A said Monday it plans to sell its budget airline AirAsia to its medium-haul affiliate AirAsia X in a bid to streamline operations. Under…

Hong Kong Conglomerate Pushes for Mental Health Support in Stressed-Out Financial Hub

[ad_1] A Hong Kong family-run conglomerate is boosting its mental health support for employees, including creating “first responders” in the workplace, setting itself apart from peers in a city that…

Yazidis sue French conglomerate Lafarge for aiding ISIL violence

[ad_1] The French cement maker is accused of abetting violence and terrorism by providing supplies for tunnels and prisons. Hundreds of Yazidi Americans have launched a class action lawsuit accusing…

Singapore sugar and carb reduction startup, Alchemy Foodtech, signs MOU and Investment Agreement with Chinese food conglomerate giant’s investment arm, Ting Li, in multimillion-dollar value deal

[ad_1] SINGAPORE, Nov. 24, 2023 /PRNewswire/ — Ting Li Development, the investment arm of Ting Hsin International Group, which controls around 35% of China’s instant food and beverage (F&B) market, ties…

Bain Capital invests $200 million in Vietnam conglomerate Masan

[ad_1] HANOI :U.S. private equity firm Bain Capital has made its first investment in Vietnam, with at least $200 million in the Masan Group conglomerate, and could bring in other…

Singapore conglomerate Kuok Group appoints Komi Rajdev to lead sustainability

[ad_1] Singapore-headquartered conglomerate Kuok Group has appointed Komi Rajdev to lead its sustainability function. Rajdev will oversee the company’s group-level sustainability operations in Singapore, reporting to the group CEO in the…

Colombian conglomerate Grupo Aval, subsidiary settle charges of violating US law

[ad_1] The seal of the U.S. Securities and Exchange Commission (SEC) is seen at their headquarters in Washington, D.C., U.S., May 12, 2021. REUTERS/Andrew Kelly/File Photo WASHINGTON, Aug 10 (Reuters)…

Keppel to drop conglomerate structure, sets US$150 billion assets target by 2030

[ad_1] Singapore’s Keppel Corp on Wednesday (May 3) announced a major corporate restructuring, doing away with its conglomerate form and dividing itself into three distinct units, in a bid to…

Crypto exchange owned by embattled conglomerate Digital Currency Group loses top global exec

[ad_1] DCG, Luno’s parent company, has been grappling with the ongoing fallout from last year’s plunge in token prices and the collapse of FTX. Rafael Henrique | Sopa Images |…

Analysis | The One Indian Conglomerate That’s in No Hurry to Win

[ad_1] Comment on this storyComment The erstwhile Imperial Tobacco Co. of India is a powerful creature even in the post-colonial world — except that it has been kept in a cage…