A.P. Moller Capital has acquired 40% of Philippine logistics company AC Logistics from Ayala Corporation, aiming to expand its operations and become a leading integrated logistics provider. The deal, subject to regulatory approvals, will unite both organizations in fostering economic growth and long-term prosperity through strategic investments. Ayala Corporation’s CEO highlighted the need for enhanced logistics infrastructure in the country and expressed confidence in A.P. Moller Capital as the ideal partner for seizing opportunities in the sector.
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Bus driver who dated ‘bus enthusiast’, 13, gets jail and caning for statutory rape
A 30-year-old bus driver in Singapore was sentenced to eight years in prison and six strokes of the cane for engaging in sex with a 13-year-old girl he met on his bus route. The victim reported the abuse after her aunts noticed changes in her behavior, leading to a police investigation that revealed a relationship lasting several months, during which the girl was underage. Want More Context? 🔎
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