Financial Services

Manulife appoints Damien Green as CEO for Hong Kong and Macau

HONG KONG, Dec. 16, 2019 /PRNewswire/ -- Manulife today announced the appointment ofDamien Green as the new Chief Executive Officer of Manulife (International) Limited, overseeing Manulife's business inHong Kong and Macau. Damien Green, Chief...

2019-12-16 17:14 4778

REVO Teams Up with Mastercard to Launch Malaysia's First Card-Linked Rewards Platform

KUALA LUMPUR, Malaysia, Dec. 16, 2019 /PRNewswire/ -- OfferStation Sdn Bhd, a member of the Innity Group of companies, has introduced a Card-Linked Rewards Platform calledREVO, to increase in-store traffic and sales for merchants while rewarding consumers and members alike for shopping. Leveragin...

2019-12-16 16:29 2729

FinVolution Group Announces Strategic Investment and Partnership with Fujian Haixia Bank

SHANGHAI, Dec. 16, 2019 /PRNewswire/ – FinVolution Group (formerly known as "PPDAI," or the "Company") (NYSE: FINV), a leading fintech platform inChina, today announced the completion of an equity investment inFujian Haixia Bank ("FHB").  Pursuant to the share purchase agreement, FinVolution Gro...

2019-12-16 16:00 15027

CIIE bureau signs MOU with New Zealand

AUCKLAND, New Zealand, Dec. 16, 2019 /PRNewswire/ -- Representatives from the China International Import Expo Bureau and the New Zealand Trade and Enterprise signed a memorandum of understanding at a promotion event for the 2020 edition of the CIIE inAuckland, New Zealand on Dec 9.  

2019-12-16 15:58 3228

SW China's Chengdu to set up 11 industrial sub-funds, expecting to raise $1 billion

CHENGDU, China, Dec. 16, 2019 /PRNewswire/ -- On Thursday, the 2019 Western China Capital Innovation Summit, guided by Chengdu Municipal Financial Regulatory Bureau and hosted by Chengdu Media Group and organized by National Business Daily, was held at Tianfu International Fund Town in southwestC...

2019-12-16 10:46 3656

Sleek Extends its Seed Round to USD $5m and Accelerates in Hong Kong

SINGAPORE, Dec. 16, 2019 /PRNewswire/ -- Sleek , a cloud-based corporate service provider, today announced the extension toUSD 5M of its seed round, led by private investors Pierre Lorinet andFabio Blom, and MI8, anAsia focused European backed private investment company. Pierre...

2019-12-16 10:00 4494

Ally Bridge Group Leads More Than US$140 million in Financings for Three New Medtech Investments

HONG KONG and NEW YORK, Dec. 16, 2019 /PRNewswire/ -- Ally Bridge Group ("ABG"), a leading global life science investment group, has announced that it recently led investments in three new medical technology companies. Each of the three companies is a commercial-stage, leading innovator re-settin...

2019-12-16 09:00 3626

Update on Electrolux Operations in North America

STOCKHOLM, Dec. 16, 2019 /PRNewswire/ -- Electrolux today provided an update on issues expected to impact operating income for its business areaNorth America in the fourth quarter; primarily the consolidation of its U.S. refrigerator/freezer manufacturing and related transition to new product pl...

2019-12-16 07:18 14929

Bat Group Regains Compliance with Nasdaq Minimum Bid Price Requirements for Continued Listing and Plans to Start New Business

BEIJING, Dec. 13, 2019 /PRNewswire/ -- Bat Group, Inc. (Nasdaq: GLG) (the " Company"), is pleased to announce that it has regained compliance with Nasdaq's minimum bid price requirement. On December 11, 2019, the Company received a written notification from the Nasdaq Stock Market Listing Qualifi...

2019-12-14 05:30 17227

Pingtan Marine Enterprise to Hold Annual General Meeting of Members on December 18, 2019

FUZHOU, China, Dec. 13, 2019 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan" or the "Company"), a global fishing company based in the People's Republic of China (PRC), today announced that the Company will hold its Annual General Meeting of Members onDecember 18, 2019 at ...

2019-12-14 05:30 3442

Xinhua Silk Road: Guotai Junan Securities awarded four industry prizes for sound performance

BEIJING, Dec. 13, 2019 /PRNewswire/ -- Guotai Junan Securities (GTJA), a well-known securities company inChina, was lately awarded four golden bull prizes at the 2019 China Securities Industry High Quality Development Forum held by China Securities Journal inBeijing. The golden bull prize, a fin...

2019-12-13 17:55 3271

Sogou Vocational Avatar Taps into Contemporary Art at Guangzhou Exhibition

BEIJING, Dec. 13, 2019 /PRNewswire/ -- Sogou Inc. (NYSE: SOGO) ("Sogou" or "the Company"), an innovator in search and a leader inChina's internet industry, today showcased the first application of its proprietary Vocational Avatar "Yanny" in the field of contemporary arts. At an exhibition titled...

2019-12-13 17:38 18154

HKBN Announces Completion of JOS Acquisition

HONG KONG, Dec. 13, 2019 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Group"; SEHK stock code: 1310) is pleased to announce the completion of its acquisition of Jardine OneSolution Holdings (C.I.) Limited ("JOS") and its subsidiaries, following the Group's extraordinary general meeting (the "EGM") h...

2019-12-13 17:23 18794

Penta Security and R3 Announce Strategic Partnership for Digital Asset Management and MPC Technology

SEOUL, South Korea, Dec. 13, 2019 /PRNewswire/ -- Penta Security and blockchain software firm R3 today announced that they have entered into a global strategic partnership for digital asset management and MPC (Multi-Party Computation) technology, combining Penta Security's technologies and R3's e...

2019-12-13 16:19 3755

KPMG Creates Wealth and Asset Management Centre of Excellence and Appoints Head in Hong Kong

HONG KONG, Dec. 13, 2019 /PRNewswire/ -- Neil Macdonald has been named KPMG China's Head of Wealth and Asset Management Centre of Excellence (CoE), a newly created role based inHong Kong, where he moved in July 2019. The Wealth and Asset Management Centre of Excellence (CoE) reflects KPMG's globa...

2019-12-13 11:36 3461

VIISA Acceleration Program Batch 6 graduated

HO CHI MINH CITY, Vietnam, Dec. 13, 2019 /PRNewswire/ -- At the beginning of December 2019, VIISA announced the completion of the sixth batch of its 4-month acceleration program with its "Investment Day". The invitation-only event welcomed more than 100 active investors, corporations and startup ...

2019-12-13 11:00 3619

JLK Inspection, AI-based medical firm, listed on KOSDAQ

SEOUL, South Korea, Dec. 13, 2019 /PRNewswire/ -- JLK Inspection, a company specializing in world-class AI-based medical imaging solutions and a company of theBorn2Global Centre, was officially listed on the KOSDAQ index on December 11 th. ...

2019-12-13 09:49 3367

Zurich Malaysia partners with DoctorOnCall to provide Malaysians a convenient way to manage their health

KUALA LUMPUR, Malaysia, Dec. 13, 2019 /PRNewswire/ -- Zurich Life Insurance Malaysia Berhad and Zurich Takaful Malaysia Berhad (Zurich Malaysia) have recently signed an agreement with leading online healthcare provider DoctorOnCall to extend complimentary* digital healthcare services to its new ...

2019-12-13 08:00 4663

TSG Appoints New CEO to Lead Company's Asia Expansion

AUCKLAND, New Zealand, Dec. 13, 2019 /PRNewswire/ -- TSG, a leading provider of business management software, integrated payment solutions, and value-added services to the Health & Fitness and Childcare markets has appointed Olivier Vandercamme to the new position of CEO, Asia.  Mr. Vandercamme i...

2019-12-13 07:00 2691

Bangkok Bank to strengthen regional position through acquisition of Permata in Indonesia from Standard Chartered Bank and Astra International

BANGKOK, Dec. 12, 2019 /PRNewswire/ -- Bangkok Bank Public Company Limited ("Bangkok Bank" or the "Bank") announced today that the Bank has entered into a conditional share purchase agreement with Standard Chartered Bank ("Standard Chartered") and PT Astra International Tbk ("Astra") to acquire t...

2019-12-12 21:41 4315