Belle steps out into clothing

Belle steps out into clothing

The Standard Footwear specialist Belle International Holdings yesterday said it will buy about 32 percent of a Japanese apparel retailer and launch joint ventures with the firm in the mainland, spending about HK$924 million. The Shenzhen-based firm will acquire 31.96...
Toread Outdoor to Buy New AsiaTravel.com Shares

Toread Outdoor to Buy New AsiaTravel.com Shares

Menafn.com 15 Aug 2013 Beijing Toread Outdoor Products Co., Ltd. said today that it has signed an agreement to buy 40 million new shares in AsiaTravel.com Holdings Ltd. Under the agreement, Toread Outdoor will buy the shares at SGD 0.2 per share or SGD 8 million in...
Mitsui, Carlyle place bids for HK’s Quality Healthcare

Mitsui, Carlyle place bids for HK’s Quality Healthcare

Reuters 19 Aug. 2013 Japan’s Mitsui & Co and U.S. private equity firm Carlyle Group have submitted preliminary bids for Quality Healthcare Medical Services, which is being sold by India’s Fortis Healthcare and is valued at around $300 million, people...
Pegasus to acquire 40% of Jade Dynasty

Pegasus to acquire 40% of Jade Dynasty

Film Business Asia 19 Aug 2013 Hong Kong’s Pegasus Entertainment Holdings Ltd announced on 13 Aug that it has entered a conditional agreement to purchase 40% of Jade Dynasty Group Ltd for HK$60 million (US$7.74 million). Founded by veteran comic book artist Tony...
SingTel to Raise Stake in Bharti Airtel

SingTel to Raise Stake in Bharti Airtel

The Wall Street Journal Singapore Telecommunications Ltd. Thursday said it has signed a deal to raise its equity stake in the founder of Bharti Airtel Ltd., effectively increasing its stake in the Indian mobile phone operator. SingTel will pay 18.6 billion rupees...