Banking/Financial Service
Allianz Partners appoints Regional Chief Executive Officer for Asia Pacific
SINGAPORE, April 16, 2020 /PRNewswire/ -- Allianz Partners announces the appointment ofVinay Surana as Regional Chief Executive Officer, Asia Pacific, effective from the 23rd of March 2020. Based in Singapore, Vinay will lead the Asia Pacific business with responsibility for Australasia, China...
Efficiency is Critical to Citizenship by Investment, St Kitts and Nevis CIU CEO Says
LONDON, April 16, 2020 /PRNewswire/-- Fast-track processing, experience and reliable due diligence are the defining features that positionSt Kitts and Nevis as the 'Platinum Standard' of Citizenship by Investment (CBI). This is according to MrLes Khan, the CEO of the Caribbean country's Citizensh...
Airwallex Closes US$160M in Record Fundraising Round to Date, Announces Worldwide Growth Plans
* Airwallex has raised a Series D round of US$160M, its largest to date, with participation from a group of new investors, includingANZi Ventures and Salesforce Ventures, and several existing investors, including DST Global, Tencent, Sequoia Capital China, Hillhouse Capital and Horizons Ventures...
Frost & Sullivan Identifies Growth Opportunities Across Automotive Verticals for Industry Recovery
Automotive stakeholders to focus on resource optimization, new growth segments, and cost rationalization to overcome slowdown due to COVID-19 SANTA CLARA, California, April 16, 2020 /PRNewswire/ -- The COVID-19 pandemic and the expected global economic recession to follow have many governments an...
TSG Announces Acquisition of PerfectMind
BURNABY, British Columbia and LONDON, April 15, 2020 /PRNewswire/ -- TSG, an Advent portfolio company and leading global provider of business management software, integrated payments, and value-added services to the Health and Fitness, Childcare and Education, and Boutique markets, today announce...
Fuling Global Inc. Reports 2019 Financial Results
WENLING, China and ALLENTOWN, Pa., April 15, 2020 /PRNewswire/ -- Fuling Global Inc. (NASDAQ: FORK) ("Fuling Global" or the "Company"), a manufacturer and distributor of environmentally friendly plastic and paper foodservice disposable products, today announced sharply higher financial results fo...
Sharing Economy International Enters into Share Exchange Agreement to Acquire 100% of OOB HK Limited to further enhance its digital marketing capabilities
HONG KONG, April 15, 2020 /PRNewswire/ -- Sharing Economy International, Inc. ('SEII or "the Company") (OTCQB: SEII) today announced that it has entered into a share exchange agreement with the shareholders of OOB HK Limited ("OOBHK"), to acquire 100% ownership of OOBHK. SEII will acquire 100% of...
IT Tech Packaging, Inc. Plans a Production Line to Produce Face Masks
BAODING, China, April 15, 2020 /PRNewswire/ -- IT Tech Packaging, Inc. (NYSE MKT: ITP) ("IT Tech Packaging" or "the Company"), a leading manufacturer and distributor of diversified paper products inNorth China, today announced that it is in the process of launching a production line to produce fa...
Sasol Launches Cost-effective Solutions for the Oil and Gas Market: TERRAVIS PI
HOUSTON, April 15, 2020 /PRNewswire/ -- Higher production efficiency, lower costs: Sasol, the chemicals and energy company launches the new product series TERRAVIS PI for the oil and gas market globally. TERRAVIS PI is an alternative to expensive heavy paraffinic crude operations options, partic...
TuanChe Announces Unaudited Fourth Quarter and Full Year 2019 Financial Results
BEIJING, April 15, 2020 /PRNewswire/ -- TuanChe Limited ("TuanChe" or the "Company") (NASDAQ: TC), a leading omni-channel automotive marketplace inChina, today announced its unaudited financial results for the fourth quarter and full year endedDecember 31, 2019. Key Fourth Quarter 2019 Financia...
MoneySmart Broadens Its Financial Product Comparison Suite as Economies Brace for Impending Recession
SINGAPORE, April 15, 2020 /PRNewswire/ -- As countries continue their fight against the global pandemic, fear towards global economies entering into deep recession are on the rise in the minds of consumers. The need to tighten up on expenditure and save money where possible becomes priority amids...
SKEMA Business School's EQUIS Accreditation Renewed for Another Five Years
PARIS, April 15, 2020 /PRNewswire/ -- The accreditation body of EQUIS (EFMD)
has just voted to reaccredit SKEMA Business School for five years, the maximum
duration of the accreditation.
Updates - China Pharma Holdings, Inc. Reports Fiscal Year 2019 Financial Results
HAIKOU CITY, China, April 14, 2020 /PRNewswire/ -- China Pharma Holdings, Inc. (NYSE American: CPHI) ("China Pharma," the "Company" or "We"), an NYSE American-listed corporation with a fully-integrated specialty pharmaceuticals subsidiary based inChina, today announced that it is re-issuing its ...
Sohu.com Announces Filing of Definitive Plan of Merger for Changyou Going-Private Transaction
BEIJING, April 14, 2020 /PRNewswire/ -- Sohu.com Limited (NASDAQ: SOHU) ("Sohu"),China's leading online media, video, search and gaming business group, today announced that, as contemplated by the previously-announced Agreement and Plan of Merger (the "Merger Agreement"), datedJanuary 24, 2020, b...
Changyou.com Announces Filing of Definitive Plan of Merger for Going-Private Transaction
BEIJING, April 14, 2020 /PRNewswire/ -- Changyou.com Limited ("Changyou") (NASDAQ: CYOU), a leading online game developer and operator inChina, today announced that, as contemplated by the previously-announced Agreement and Plan of Merger (the "Merger Agreement"), datedJanuary 24, 2020, by and am...
ECCO Continued Its Strong Performance in 2019 - But Covid-19 Challenges the 2020 Result
BREDEBRO, Denmark, April 15, 2020 /PRNewswire/ -- 2019 was a successful year for ECCO with net sales ofEUR 1.360 million (2018: EUR 1.309 million) and profit before tax ofEUR 196 million (2018: EUR 201 million). ECCO in 2019 showed progress on many fronts in spite of many challenges. "Our global...
Kennedy Lewis Investment Management Hires Dik Blewitt as a Partner, Head of Tactical Opportunities
NEW YORK, April 14, 2020 /PRNewswire/ -- Kennedy Lewis Investment Management LLC ("Kennedy Lewis"), a leading opportunistic credit manager, has hired J. Richard "Dik" Blewitt as a Partner and its Head of Tactical Opportunities. Mr. Blewitt joins Kennedy Lewis from GSO Capital Partners, a division...
Qiming's Nisa Leung and Duane Kuang Named on 2020 Forbes Midas List
SHANGHAI, April 14, 2020 /PRNewswire/ -- Forbes today released the 2020 Midas List, a ranking of the world's top 100 venture capitalists.Nisa Leung and Duane Kuang, Managing Partners of Qiming Venture Partners, ranked at No.33 and No.69 on the list respectively. Since 2001, Forbes announces its ...
APAC's Asset Finance Leaders Trust Odessa for Successful Digital Transformation
Odessa continues regional expansion with several new customers implementing the Odessa Platform PHILADELPHIA, April 14, 2020 /PRNewswire/ -- Odessa, a provider of leading technology solutions for asset finance businesses, continues to grow the company's APAC-based customer base, most recently by...
APAC's Asset Finance Leaders Trust Odessa for Successful Digital Transformation
Odessa continues regional expansion with several new customers implementing the Odessa Platform PHILADELPHIA, April 14, 2020 /PRNewswire/ -- Odessa, a provider of leading technology solutions for asset finance businesses, continues to grow the company's APAC-based customer base, most recently by...
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