CapitaLand Investment Ltd

Restructuring · Asia

Opatra London and its Hong Kong distributor (Sayles Retail) suspended local operations following arrests of local senior staff and regulatory raid related to allegations of aggressive sales tactics.

Restructuring · Asia

Ovanti completed strategic review and announced global exit from all BNPL activities to focus on iSentric fintech business. Substantial cost reductions implemented including significant staff and consultant reductions from former US operations. US BNPL entity in Chapter 7 bankruptcy. Company now sharply focused on expanding iSentric operations in Southeast Asia.

Restructuring · Asia

Korea Artiz Studio abruptly ceased operations in Singapore with 66 consumer complaints totaling S$271K+ in prepayment losses. Employees reported unpaid salaries due to 'internal operational issues.' Studio also closed outlets in Taiwan and Indonesia. Over 50 completed photo sets are held by production partners and customers report unfulfilled services despite advance payment.

Restructuring · Asia

Malakoff's Q2 net profit nearly halved due to equipment failures at Tanjung Bin coal-fired power plant (steam turbine generator rotor failure, hydrogen cooler leak). Company is executing recovery and repairs, with reinstatement expected mid-August. Company is also diversifying with gas plants and renewable energy assets.

Restructuring · Asia

Hongkong Post eliminated permanent civil service contracts for new employees, moving to two-year contract terms, citing declining mail volume and financial strain

Restructuring · Asia

SCIC announced divestment of full stakes in 66 companies across plastics, healthcare, steel, textiles, construction, and other sectors, while retaining 100% ownership of SCIC Investment Co. Ltd. and maintaining stakes in 21 strategic businesses including Vinamilk (36%), Vinapharm, FPT, SABECO, and others. Portfolio restructuring reflects shift from broad diversification to concentrated strategic ownership.