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27.10.25 - 20:18
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Asean CEOs Turn ESG Into a Business Edge (Bloomberg)
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Shinta Widjaja Kamdani, CEO of Sintesa Group, and Sunny Verghese, Executive Director, Co-Founder & Group CEO of Olam, discussed how to transform ESG from a compliance requirement into a strategic business advantage at the 2025 Bloomberg Business Summit ASEAN in Kuala Lumpur. In conversation with Bloomberg's Avril Hong, they explored how Southeast Asian companies can integrate ESG to drive long-term growth and strengthen global competitiveness. (Source: Bloomberg)...
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25.09.25 - 15:06
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Crop Trader Wilmar Says Indonesian Court Overturns Acquittal (Bloomberg)
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Asian food titan Wilmar International Ltd. said the Indonesian Supreme Court quashed the acquittals of three major palm oil groups in an export case, several months after the company was forced to hand over 11.9 trillion rupiah (about $729 million at the time) as a security deposit ahead of the ruling....
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13.09.25 - 00:12
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Will Open Stores in South Korea, Singapore: Chipotle CEO (Bloomberg)
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Chipotle Mexican Grill Inc. is venturing into Asia for the first time, with plans to open locations in South Korea and Singapore in 2026. Chief Executive Officer Scott Boatwright tells Romaine Bostick and Katie Greifeld on "The Close" he expects international markets to become the next layer of growth beyond North America that'll support the brand in the long term. (Source: Bloomberg)...
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28.08.25 - 05:45
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Research: UOB Kay Hian Lifts ANTA SPORTS TP to $114.2, Rating Buy (AAStocks)
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UOB Kay Hian released a research report, including a coverage on ANTA SPORTS (02020.HK), which performed in line with expectations with its 1H25 results, with revenue adding by 14% YoY to RMB38.544 billion, surpassing expectations. Gross profit rose by 13% YoY to RMB24.425 billion, while the gross margin dropped 0.7 ppts YoY to ......
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20.08.25 - 08:01
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Monthly Update - July 2025 (Cision)
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20 August 2025
Ashoka WhiteOak Emerging Markets Trust plc
(the 'Company')
Monthly Update – July 2025
The Company's monthly factsheet as at 31 July 2025 is now available: https://awemtrust.com/factsheet/
The Fund was up 4.9% in July 2025, underperforming the benchmark by 0.63%. The key contributors include TSMC (+10.9%), Samsung Electronics (+20.3%), and Delta Electronics (+39.1%), whereas OneSource Specialty Pharma (-9.1%), CIE Fin. Richemont (-9.4%), and SK Hynix (-5.6%) were the key detractors.
Market Review
In July 2025, the MSCI EM...
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14.08.25 - 12:03
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Rainier-Backed Wilmar Adds EZRED to Automotive Tool and Equipment Platform (Business Wire)
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SEATTLE, Wash.--(BUSINESS WIRE)--Rainier Partners and its portfolio company Wilmar, LLC are pleased to announce the platform's acquisition of EZRED, a leading designer, manufacturer, and distributor of lighting, tool organization, and hand tools for the automotive aftermarket.
EZRED was founded in 1966 and has grown to be a premier designer and engineer of innovative products focused on serving the professional and consumer automotive markets worldwide. Based in Denville, New Jersey, EZRED has built a reputation of excellence, providing unparalleled customer solutions to its partners for nearly 60 years.
“We're looking forward to joining forces with the Rainier and Wilmar teams,” said EZRED President and CEO Bob Cacciabeve, who will continue with the company along with his son, Vice President of Sales and Marketing, Frank Cacciabeve. “This collaboration — strengthened by Wilmar's scale, global sourcing capabilities, and logistics expertise — represents a tremendous opportunity to deliver even...
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18.07.25 - 03:06
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FMCG exit: Adani to get Rs 11,000cr for 30% JV stake (Times of India)
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Adani Enterprises will sell its remaining stake in AWL Agri Business. Wilmar International and institutional investors will purchase the shares. The deal is worth approximately Rs 11,080 crore. Wilmar's stake in the Fortune edible oil maker will increase. Adani Enterprises plans to use the funds for investments in airports, green hydrogen, roads, and copper operations....
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17.07.25 - 14:48
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Adani Group to Get $1.3 Billion From Wilmar JV Stake Sale (Bloomberg)
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Adani Enterprises Ltd. expects to get 108.7 billion rupees ($1.3 billion) by selling its residual stake in AWL Agri Business Ltd. as the ports-to-power conglomerate exits non-core activities to focus on its mainstay infrastructure businesses like renewables and airports....
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