South Korea’s Hanwha Group has purchased a 9.9% stake in Australian shipbuilder Austal for A$4.45 per share, after proposing a full takeover a year earlier. Hanwha aims to establish a long-term partnership with Austal instead of pursuing complete ownership, as both companies look to expand their US operations in the wake of President Trump’s focus on American shipbuilding. Last year, Hanwha acquired US shipbuilder Philly Shipyard, enhancing its presence in the American market.
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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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