Home News Global Economy

Over 75% of Southeast Asia companies intend to divest in repositioning for growth: EY

Felicia Tan
Felicia Tan7/15/2020 01:18 PM GMT+08  • 3 min read
Over 75% of Southeast Asia companies intend to divest in repositioning for growth: EY
The study found that some 79% of executives in Southeast Asia (SEA), and 75% of executives in Asia Pacific (APAC) have indicated that they are planning to divest within the next two years.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (July 15): A large proportion of companies in Asia Pacific say they are planning to divest to reposition for growth, according to the EY 2020 Global Corporate Divestment Study.

The annual study surveyed over 400 executives in the APAC region, including close to 100 in SEA in the period before and after the onset of the Covid-19 pandemic.

The study found that some 79% of executives in Southeast Asia (SEA), and 75% of executives in Asia Pacific (APAC) have indicated that they are planning to divest within the next two years. The figures came in higher than the 70% and 74% registered just before the pandemic set in.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.