Author: Isaac Johnson
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Paytm’s Singapore Entity to Divest Stake in PayPay for ₹2,364 Crore
Paytm’s Singapore unit, One97 Communications Singapore, is selling its stake in Japan’s PayPay to Softbank Vision Fund 2 for ₹2,364 crore. This sale is aimed at strengthening Paytm’s cash reserves and focuses on core business operations amid regulatory challenges. PayPay, valued at approximately ₹60,000 crore, holds a significant market share in Japan’s payment services sector.…
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Understanding Ownership Dynamics in Intron Technology Holdings Limited
Intron Technology Holdings Limited (HKG:1760), recently saw its stock rise by 13%, mainly influenced by private companies that hold 52% of shares. The absence of institutional investors raises concerns over market perception, while insider ownership indicates strong alignment between management and shareholder interests. These ownership dynamics are critical for understanding the company’s governance and decision-making,…
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Corporate News Update: December 6, 2024 – Job Creation and Strategic Shifts in India
Recent corporate news on December 6, 2024, highlights Paytm founder Vijay Shekhar Sharma’s praise for new-age tech firms and their job creation efforts. Canara Bank has received RBI approval for stake divestment. EQT is increasing its investment in India, while NTPC Green announced plans for a green hydrogen transmission network in Andhra Pradesh. On December…
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Haven1 Secures $4.6 Million in Funding to Transform DeFi and Tokenized Assets
Haven1 has raised $4.6 million in private funding, backed by notable investors including Animoca Brands and KuCoin Ventures. This funding aims to support its development as a premier blockchain for DeFi 2.0 and tokenized RWAs, addressing key industry inefficiencies. In public testnet phase, Haven1 already counts over 475,000 users and has processed more than 9…
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Henderson Land Celebrated as One of Asia’s Leading Green Companies
Henderson Land Development Company Limited has been recognized as one of Asia’s Top Green Companies at the ACES Awards 2024 for its sustainable development practices. The company implements innovative building designs to enhance energy efficiency and community well-being, exemplified by its flagship project, The Henderson. Henderson Land Development Company Limited, established in 1976 and publicly…
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Understanding Ownership Dynamics at AECC Aviation Power Co., Ltd.
AECC Aviation Power Co., Ltd. is controlled 49% by private companies, with individual investors holding 33% and institutional investors at 18%. The concentration of top shareholders (51%) underscores potential control issues. Aero Engine Corporation of China is the largest shareholder at 46%, while insiders collectively own less than 1%. This ownership profile necessitates careful risk…
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Understanding Shareholder Dynamics at Hainan Jinpan Smart Technology Co., Ltd.
Hainan Jinpan Smart Technology Co., Ltd. (SHSE:688676) has seen an 8.3% drop in stock prices, primarily affecting its largest stakeholders, which include private companies owning 59% of shares. Despite significant institutional ownership (16%), hedge funds maintain limited shares. Key shareholders have considerable influence over company governance, necessitating investor awareness regarding the potential risks and benefits…
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China’s Strategic Growth of ‘Little Giants’ Surpasses 2025 Target
China has surpassed its 2025 goal of cultivating 10,000 small, privately-owned “little giant” firms, attaining a remarkable total of 14,600. This development reflects China’s efforts to enhance technological independence amidst US competition, with these firms playing a vital role in strategic sectors. The investment in research and development and the generation of patents highlight the…
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Projecting Growth in the Thin Film and Printed Battery Market by 2031
The thin film and printed battery market is forecasted to reach $904.94 million by 2031, fueled by the demand for 5G technology, wearables, and sustainable energy solutions. The market is projected to grow at a CAGR of 21.0% from 2023 to 2031. Key factors include miniaturization of electronics and advancements in battery technologies, with Germany…
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Ownership Dynamics of HDFC Asset Management Company Limited
HDFC Asset Management Company Limited is predominantly owned by public firms (52%) and institutions (29%). HDFC Bank Limited is the largest shareholder. Insiders have been selling their shares recently, which could indicate changing sentiments about the company’s future. Individual public ownership stands at 17%, adding to the overall ownership dynamics that influence company policies. HDFC…