Petronas Gas Bhd

Restructuring · Asia

MotorSense, the AI predictive-maintenance business of document-AI firm ePapyrus, was established as an independent corporation on 1 November, retaining its name and existing staff, and will continue its motor fault-prediction business.

Restructuring · Asia

Boston Scientific is overhauling supply chains and administrative functions and streamlining corporate layers to offset margin compression from product mix and China pricing pressure.

Restructuring · Asia

Hong Kong independent bookseller Luck Win will close its Mong Kok branch by December 31, 2026 after 48 years, while the Causeway Bay branch continues operating. It is running 55% off clearance sales.

Restructuring · Asia

Mitsubishi Electric Vietnam is establishing a Building Systems Division as part of a broader business restructuring, consolidating sales, installation, maintenance and after-sales into one operating model; SAP S/4HANA go-live completed October 1 with Hitachi Digital Services Vietnam.

Restructuring · Asia

Zhuhai Huafa Group, a large local government-owned Chinese conglomerate, is reportedly in talks with creditors to push back payments on some debts.

Restructuring · Asia

Activist investor Oasis Management disclosed a 5.09% stake in Takara Holdings (TSE:2531) in mid-October 2026 and is pushing for capital allocation changes, including potential divestiture of certain operations and governance changes.