Raffles Holdings Limited on the divestment of the hotel business to Colony Capital LLC in 2005;

CIMB Berhad on the acquisition of the stockbroking business of G. K. Goh Holdings Limited in 2005;

NatSteel Ltd on the sale of all of its steel and related businesses to The Tata Iron and Steel Company Limited of India 2005;

Sime Darby Eastern Limited on the acquisition of shares in Jaya Holdings Limited in 2004;

Clipsal Industries (Holdings) Limited (now known as CIH Limited) in its 50-50 joint venture with Schneider Electric S.A. which involved transfer of businesses in Asia, and the disposal of its interest in Gerard Industries in Australia in 2003;

GE Capital in its acquisition of Orient Consumer Credit Pte Ltd in 2004;

Ngee Ann Development Pte Ltd in its acquisition of the company which owns 268 Orchard Road; and

Blu Inc Group Limited (formerly known as MPH Ltd) in the sale of the MPH bookstore and distribution business.