Banking/Financial Service
TVM Capital Healthcare Exits Cambridge Medical and Rehabilitation Center for US$ 232 Million, a 4.6x Return on Capital Invested
SINGAPORE, March 1, 2021 /PRNewswire/ -- TVM Capital Healthcare, a global specialist healthcare private equity firm operating in emerging markets, announces the successful sale of its portfolio company Cambridge Medical and Rehabilitation Center ("CMRC") to UAE-based publicly traded investment c...
New private equity investor to drive Hawksford growth strategy
International corporate, private client and fund services provider Hawksford is embarking on its next phase of accelerated growth, having secured a new majority investor ST. HELIER, Jersey, March 1, 2021 /PRNewswire/ -- STAR Capital Partnership LLP (STAR), a leading European fund manager, will p...
Atradius Collections expands its global presence with the acquisition of Gestifatura
AMSTERDAM, March 1, 2021 /PRNewswire/ -- Atradius Collections has acquired the Portuguese collections agency Gestifatura and expanded its presence to 34 countries. After opening new offices in Dubai, Morocco, and Indonesia in the past two years, Atradius Collections has expanded its internationa...
Hitachi Elevator signs strategic cooperation agreement with China Merchants Shekou
GUANGZHOU, China, March 1, 2021 /PRNewswire/ -- In February 2021, Hitachi Elevator (China) Co., Ltd. ("Hitachi Elevator") entered into a nationwide strategic agreement for the procurement of elevators with China Merchants Shekou Industrial Zone Holdings Co., Ltd. ("China Merchants Shekou") during...
New World Development commits to setting Science-Based Targets for Climate Action
HONG KONG, March 1, 2021 /PRNewswire/ -- New World Development ("NWD" or "the Company") has committed to the Business Ambition for 1.5°C, a global call to action from the United Nations as well as business leaders for climate change mitigation under the Paris Agreement. NWD is one of 14 real es...
Huazhang Technology Turns loss into profit
2020/21 Interim Revenue Increased by 23.4% Newly Signed Contracts grew by 26.8% Strengthen R&D to catch up with future development of paper manufacturing industry Result Highlights * Revenue increased by 23.4% to approximately RMB292.7 million * Gross profit increased by 4.6% to approximate...
Everest Medicines Announces Selection as a Constituent of Certain Indexes of Hang Seng Indexes Company Limited
SHANGHAI, March 1, 2021 /PRNewswire/ -- Everest Medicines (HKEX 1952.HK), a biopharmaceutical company focused on developing and commercializing transformative pharmaceutical products that address critical unmet medical needs for patients inGreater China and other parts of Asia, today announced t...
Acclime establishes a strong foothold in Australia with the acquisition of CoSec Corporate Services
HONG KONG, March 1, 2021 /PRNewswire/ -- Acclime, the premier corporate services provider inAsia, is pleased to announce that it has completed the acquisition of CoSec Corporate Services, a highly regarded firm specialising in assisting foreign clients enter and operate inAustralia. With this ac...
GFT and Thought Machine announce BankLite to accelerate delivery of cloud-based digital banking
- Modular, end-to-end solution enables rapid creation and deployment of a cloud-based, digital banking entity - Production-ready virtual bank for customers and accounts management available in under 12 weeks - Incorporates the new GFT Digital Bank Launcher accelerator (DBL) - Enables dynamic s...
China Renaissance Announces Positive Profit Update
Expects to Record a 310.8% YoY Increase in Profit Attributable to Owners of the Company for the Year EndedDecember 31, 2020 HONG KONG, March 1, 2021 /PRNewswire/ -- China Renaissance Holdings Limited ("China Renaissance" or the "Company"; stock code: 1911.HK) announced today that, based on the p...
Innovent Announces First Patient Outside China Dosed in the Phase 1 Clinical Trial of Anti-CD47/PD-L1 Bispecific Antibody
SAN FRANCISCO and SUZHOU, China, March 1, 2021 /PRNewswire/ -- Innovent Biologics, Inc. ("Innovent") (HKEX: 01801), a world-class biopharmaceutical company that develops, manufactures and commercializes high quality medicines for the treatment of oncology, metabolic, autoimmune and other major di...
Antengene (6996.HK) Selected as a Constituent Stock of Nine Benchmark and Thematic Indexes Including the Hang Seng Composite Index
SHANGHAI and HONG KONG, Feb. 28, 2021 /PRNewswire/ -- Antengene Corporation Limited ("Antengene", SEHK: 6996.HK), a leading innovative biopharmaceutical company dedicated to discovering, developing and commercializing global first-in-class and/or best-in-class therapeutics in hematology and oncol...
KBSF signed MOU of $1,500,000 to be used by Luxventure, its Social Media Platform
SHISHI, China, Feb. 26, 2020 /PRNewswire/ -- KBS Fashion Group Limited ("KBS"
or the "Company") (NASDAQ: KBSF
Shinhan Perkasa Holdings Announces Key Employee Promotion
SEOUL, South Korea, Feb. 26, 2021 /PRNewswire/ -- Shinhan Perkasa Holdings
Poema Global Holdings Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants Commencing February 26, 2021
BERLIN and HONG KONG, Feb. 26, 2021 /PRNewswire/ -- Poema Global Holdings Corp. (Nasdaq: PPGH.U) (the "Company") announced that, commencingFebruary 26, 2021, holders of the units sold in the Company's initial public offering of 34,500,000 units, completed onJanuary 8, 2021 may elect to separately...
Puxin Announces US$69 Million Private Placement of Convertible Notes
BEIJING, Feb. 26, 2021 /PRNewswire/ -- Puxin Limited (NYSE: NEW) ("Puxin" or the "Company"), a successful consolidator of the after-school education industry inChina, today announced that it has entered into convertible note purchase agreements with a group of institutional investors (the "Purch...
GHY more than tripled net profit year-on-year to S$42.7 million in FY2020
* TV program and film production business led year-on-year ("yoy") growth of 92.6% in revenue to approximatelyS$127.1 million * Revenue models with positive working capital cycles underpin strong cash flow generation despite COVID-19 impact * Balance sheet with net cash of approximately S$10...
China Literature to Report Full Year 2020 Financial Results on March 23, 2021
HONG KONG, Feb. 26, 2021 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company", 0772.HK), a leading online literature platform in China, will announce its financial results for the full year of 2020 on Tuesday, March 23, 2021. The results announcement will be available on ...
HUYA Inc. Announces Changes to Board Composition
GUANGZHOU, China, Feb. 26, 2021 /PRNewswire/ -- HUYA Inc. (NYSE: HUYA) ("Huya" or the "Company"), a leading game live streaming platform inChina, today announced that Mr. ChengYun Ming Matthew has been appointed by Linen Investment Limited, a wholly-owned subsidiary ofTencent Holdings Limited ("T...
AmCham South China: 94% of US Companies Optimistic towards 2021 Business Outlook in China
GUANGZHOU, China, Feb. 26, 2021 /PRNewswire/ -- The American Chamber of Commerce inSouth China ("AmCham South China") today released its 2021 White Paper on the Business Environment inChina and 2021 Special Report on the State of Business inSouth China. The release was attended by over 300 govern...
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