SINGAPORE: Singapore Post Limited has invested approximately S$4.6 million for a 30 per cent stake in Australian e-commerce company Hubbed Holdings Pty Ltd, via its indirectly wholly-owned subsidiary Quantium Solutions (Australia) Pty Ltd.
If a predetermined set of performance benchmarks is attained, SingPost will pay an additional A$1 million (S$1.04 million) to Hubbed. If not, SingPost will gain another 5 per cent stake.
Hubbed, as of 30 April 2015, had a net asset value of S$1 million.
ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday said that a Rs3 billion risk pool, specifically for small and medium-sized enterprises...
ISLAMABAD: Pakistan has once again rejected a spot LNG bid from BP Singapore as rising international LNG prices, freight costs,...
ISLAMABAD: Adviser to the Prime Minister on Privatization and Chairman, Privatization Commission Muhammad Ali has said that the public-private partnerships...
LAHORE: Greek Ambassador Eleni Pouriki has highlighted growing opportunities for Pakistani skilled workers in Greece as the two countries look...
