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.
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.
