Banking/Financial Service

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 3635

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 4440

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 3597

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 14926

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 3262

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 18786

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 3736

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 3449

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 3603

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 3352

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 4649

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 2681

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 4271

China Renaissance and Aozora Bank Sign Long-Term Strategic Cooperation Agreement

BEIJING, Dec. 12, 2019 /PRNewswire/ -- China Renaissance Holdings Limited Group  ("China Renaissance" or the "Group", stock code: 1911. HK) today announced that the Company and Aozora Bank Ltd. ("Aozora Bank"; TSE: 8304) have entered into a Strategic Cooperation Framework Agreement. Mr.Bao Fan, Ch...

2019-12-12 18:41 17006

The Hong Kong Institute of Chartered Secretaries elects new President and Council for 2020

HONG KONG, Dec. 12, 2019 /PRNewswire/ -- The Hong Kong Institute of Chartered Secretaries held its Annual General Meeting (AGM) on Wednesday11 December 2019. At the Council meeting following the AGM, the Honorary Officers for 2020 were elected (see list below) with Ms Gillian E Meller FCIS FCS b...

2019-12-12 18:32 3454

Progressive Approach in Embracing the Digital Finance Key to Labuan IBFC's Growth in Financial Innovation

KUALA LUMPUR, Malaysia, Dec. 12, 2019 /PRNewswire/ -- "Labuan International Business and Financial Centre's (Labuan IBFC's)'digital family' continues to grow in recognition of the progressive approach the centre has taken in embracing the digital revolution by being as facilitative as possible to...

2019-12-12 18:25 4264

WeLab raises US$156M in Series C strategic financing, completing the largest fintech fundraising in Greater China in 2019

HONG KONG, Dec. 12, 2019 /PRNewswire/ -- WeLab, a leading fintech company in Asia, today announces that is has raised US$156 million (equivalent to over HK$1.2 billion) of Series C strategic financing, completing the largest fintech fundraising inGreater China, year to date. This round drew the b...

2019-12-12 15:24 3280

UnionPay International Partners uab bank to Enable UnionPay Contactless Payment Acceptance in Myanmar

YANGON, Myanmar, Dec. 12, 2019 /PRNewswire/ -- Global payment network UnionPay has partnered with uab bank to enable acceptance of UnionPay Contactless payment at a variety of retail, food & beverage, telecommunication, homeware and other merchants inMyanmar. Beginning with enabling UnionPay Cont...

2019-12-12 13:28 3503

Nexus International School (Singapore) announces issuance of SGD150M of S&P AA-rated bonds

SINGAPORE, Dec. 12, 2019 /PRNewswire/ -- Nexus International School (Singapore) is pleased to announce the issuance ofSGD 150 million of twelve-year amortizing bonds which have been rated AA by S&P Global Ratings (S&P). The bonds are guaranteed by Credit Guarantee and Investment Facility (CGIF), ...

2019-12-12 13:04 5602

Forrester Continues To Expand Its Certification Portfolio; Introduces New SiriusDecisions B2B Marketing Certification Program

SINGAPORE, Dec. 12, 2019 /PRNewswire/ -- Forrester announced the launch of its new SiriusDecisions B2B Marketing Certification

2019-12-12 11:13 1532
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