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DiDi plans meeting to vote on US delisting in May

  Bloomberg DiDi Global Inc will hold an extraordinary general meeting on May 23 to vote on delisting its shares from the New York Stock Exchange, a sign the ride-hailing giant is heeding Beijing’s call to address concerns about how its data is handled abroad. The company said in statement it won’t apply to sell shares on any other stock ...

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Malaysia’s Hibiscus explores Spac listing in Singapore

  Bloomberg Hibiscus Petroleum Bhd is considering listing a special purpose acquisition company in Singapore that could raise as much as S$200 million ($147 million), according to people familiar with the matter. The Malaysian independent oil and gas explorer has held talks with potential advisers on the potential Spac initial public offering, said the people, who asked not to be ...

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Tata’s renewable unit raises $525m from overseas funds

  Bloomberg A group of investors led by BlackRock Real Assets and Mubadala Investment Co infused 40 billion rupees ($525 million) into the renewable energy unit of Tata Power Co, the Mumbai-based company said. The investor group will get about 10.53% stake in Tata Power Renewable Energy Ltd for the funds injected through equity and compulsorily convertible instruments, Tata Power ...

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