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UAE fund takes controlling stake in Thai food giant GloCon
FRIDAY, OCTOBER 27, 2023
Siraj Holding, a leading investment fund in the UAE, announced on Friday it had taken a controlling stake of 10.58% in Thai SET-listed food conglomerate Global Consumer Plc (GloCon).
Businesses should prioritise sustainable development, human rights
TUESDAY, MAY 30, 2023
Business entrepreneurs should work on sustainable development while ensuring that no stakeholders are affected by their operations, several experts said on Monday.
DUSIT further bolsters its food business as OR acquires a 25% stake in Dusit Foods
MONDAY, AUGUST 22, 2022
Dusit Thani Public Company Limited (DUSIT) and PTT Oil and Retail Business Public Company Limited (OR) aim to leverage their respective strengths and expertise to create a new growth engine for the Thai economy and deliver sustainable value across the entire supply chain.
Tesla stock slides after Elon Musk asks Twitter if he should sell 10% of his stake
TUESDAY, NOVEMBER 09, 2021
Tesla stock tumbled Monday after Elon Musk asked his Twitter followers to decide whether he should sell 10% of his holdings in the electric car company.
Gatess firm buys part of Saudi princes Four Seasons Stake
THURSDAY, SEPTEMBER 09, 2021
Bill Gates will take control of the Four Seasons hotel chain after his investment firm agreed to acquire a stake from Saudi Prince Alwaleed bin Talals Kingdom Holding Co., in a bet that luxury travel will rebound from a pandemic-induced slump.
Thailand’s GPSC buys stake in Indian renewable energy producer Avaada
WEDNESDAY, JULY 14, 2021
The Global Power Synergy Public Company Limited (GPSC) on Tuesday confirmed it has acquired a 41.6 per cent stake in India’s Avaada Energy Private Limited.
Ireland to sell part of $807 million Bank of Ireland Stake
THURSDAY, JUNE 24, 2021
The Irish government plans to sell part of its 676 million euro ($807 million) stake in Bank of Ireland Group over the next six months or so, the latest stage in its bid to recoup the bank bailout that almost bankrupted the nation.
Canna Care’s stake in cannabis researcher GTG approved in principle
FRIDAY, APRIL 30, 2021
Real-estate and power developer, United Power of Asia (UPA), on April 23 approved in principle its subsidiary Canna Care’s purchase of 184,900 shares worth THB50 billion in the Golden Triangle Group (GTG).
Thai Bev in for Sabeco stake
WEDNESDAY, DECEMBER 13, 2017
The Ministry of Industry and Trade on December 11 announced that an investor has registered to hold at least 25 per cent of the Saigon Beer, Alcohol and Beverage Corporation (Sabeco), of which the Government is going to sell stake equal to nearly US$5 billion.
Central Group denies taking a stake in NMG
THURSDAY, SEPTEMBER 07, 2017
The Central Group on Wednesday categorically denied that it had acquired a stake in Nation Multimedia Group (NMG).
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