Banking/Financial Service

Tower Capital Asia Announces First Closing on TOWER CAPITAL PE FUND I, LP

SINGAPORE, Jan. 20, 2021 /PRNewswire/ -- Singapore-based Tower Capital Asia ("the Firm") announces today a first closing on itsSoutheast Asia-focused private equity fund, TOWER CAPITAL PE FUND I, LP ("the Fund") at approximately US$250 million[1]. The Fund's first-closing investors include a pre-...

2021-01-20 10:30 4018

Nium and Cebuana Lhuillier Launch Quikz in Singapore to Expand Remittance Capabilities for Filipino Users

SINGAPORE, Jan. 20, 2021 /PRNewswire/ -- Quikz, Cebuana Lhuillier's flagship mobile remittance app in the US, is now available inSingapore, made possible through a partnership between Cebuana Lhuillier andNium , a global financial technology platform based inSinga...

2021-01-20 10:00 3329

Strong Q4 IPO activity demonstrates resilience, defies expectations

--  2020 markets recovered to pre-pandemic levels, breaking new heights --  2020 IPO volumes rose 19% and proceeds rose 29% year-on-year --  October 2020 was the most active October for the last 20 years by deal numbers LONDON, Jan. 20, 2021 /PRNewswire/ -- Despite the uncertainty of 2020, IPO ...

2021-01-20 08:01 1904

Alon Feit, Co-Founder of Splitit, Joins Verrency

MELBOURNE, Australia, Jan. 20, 2021 /PRNewswire/ -- Global payment innovation company Verrency today announced thatAlon Feit, an accomplished payments executive and successful start-up founder, has joined Verrency. Mr. Feit joins Verrency's global advisory board and will also take responsibility ...

2021-01-20 06:10 7147

FII Institute Confirms 140 Plus Headline Speakers For Two-day FII Conference

- More than 60 international speakers will attend the conference in-person in Riyadh, another 80 will join virtually from around the world, including from FII hubs  - Leading investors, senior executives, include His Excellency Yasir Al-Rumayyan, Governor of Saudi Arabia's Public Investment Fund...

2021-01-20 00:15 4411

Puhui Investments Announces Successful Initial Public Offering of Two Healthcare Industry Investments

BEIJING, Jan. 19, 2021 /PRNewswire/ -- Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF)("Puhui" or the "Company"), a third-party wealth management service provider with a focus on wealth management services for high net worth ("HNW") individuals and corporate clients as well as asset m...

2021-01-19 22:00 2877

Cognizant to Acquire Magenic Technologies, Strengthening Digital Engineering Capabilities

TEANECK, N.J., Jan. 19, 2021 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) has entered into an agreement to acquireMagenic Technologies, Inc., a privately-held custom software development services company headquartered in Minneapolis, Minnesota. The acquisition will expand Cognizant's software product...

2021-01-19 22:00 13238

Passport Technology Inc. and Automated Systems America Inc. Combine to Form Leading Gaming Payments Technology Company

- Merger of equals creates the preeminent technology-enabled payments company with unmatched global reach  - Combined company to operate as Passport Technology  - Scott Dowty to be Chief Executive Officer, John Steely to be Chief Operating and Chief Information Officer,Paul Nielsen to be Chief F...

2021-01-19 22:00 2523

Artmarket.com: Artprice Global Indices show the strength of Contemporary Art and Drawing in 2020: both segments adapted particularly well to rapid digitization

PARIS, Jan. 19, 2021 /PRNewswire/ -- As at 1 January 2021, the Artprice Global Indices are stronger actually stronger than twelve months earlier when the health crisis was still (almost) unthinkable. Six months ago no-one would have predicted such an outcome! In reality, the art market reacted qu...

2021-01-19 21:00 10540

Power Sustainable launches the Power Sustainable Energy Infrastructure Partnership, a $1B investment platform dedicated to the North American renewable energy sector

* Select group of institutional investors including Desjardins Group as strategic anchor investor * Operationally driven strategy with Potentia Renewables and Nautilus Solar Energy * One of the key platforms for Power Sustainable's investment strategy MONTRÉAL,Jan. 19, 2021 /PRNewswire/ -- ...

2021-01-19 19:00 2247

Mainstream Renewable Power signs EUR1 billion equity investment deal with Aker Horizons to deliver 5.5 GW global build-out programme by 2023

- Aker Horizons of Norway to take a 75% equity stake in Mainstream Renewable Power ("Mainstream" or "The Company") valuing Mainstream atEUR1 billion including earn-out and subject to customary adjustments - Agreement enables Mainstream to accelerate its global expansion plan to bring 5.5 Gigawat...

2021-01-19 18:53 4438

Sinic Holdings Successfully Completes Initial Issuance of US$250 million Green Notes

HONG KONG, Jan.19, 2021 /PRNewswire/ -- Sinic Holdings (Group) Company Limited (the "Company", stock code: 2103) is pleased to announce that the Company successfully completed the issuance ofUS$250 million 364-Day Senior Notes ("The Notes") on18 January 2021 with orders over US$2 billion, obtaini...

2021-01-19 18:02 11886

uCloudlink and CVITC Pioneer New Applications for Cloud SIM Technology in Smart Containers and Container Logistics

HONG KONG, Jan. 19, 2021 /PRNewswire/ -- UCLOUDLINK GROUP INC. (NASDAQ: UCL, "uCloudlink"), the world's first and leading mobile data traffic sharing marketplace, has inked a Strategic Cooperation Framework Agreement with China Vehicle Interconnected Transport Capacity Technology Co., Ltd. ("CVIT...

2021-01-19 18:00 6312

Sanne promotes Peter Nagle to Chief Commercial Officer

ST HELIER, Jersey, Jan. 19, 2021 /PRNewswire/ -- Sanne, a leading and award-winning global provider of alternative asset and corporate business services, has promotedPeter Nagle from Global Head of Client Growth to the role of Chief Commercial Officer.

2021-01-19 17:00 1902

Half of the global employers looking to offer pay rise and resuming hiring to normal level: Morgan McKinley 2021 Salary Guide

HONG KONG, Jan. 19, 2021 /PRNewswire/ -- 2020 was a year of massive change for both employers and employees, and it looks like 2021 will be no different. In their latest survey and 2021 Salary Guide,Morgan McKinley foresees the global recruitment market to start picking up, with local opportuniti...

2021-01-19 11:00 2425

Lightnet Group, Velo Labs and Asia Digital Bank to Develop Cross-Border Business Solutions in Asia

SINGAPORE, Jan. 19, 2021 /PRNewswire/ -- Singapore-based fintech company Lightnet Pte. Ltd. has entered into a strategic partnership with, among others, Malaysia-based Asia Digital Bank Ltd. (Labuan Investment Bank), and British Virgin Island-based Velo Labs Technology Ltd. to jointly develop cros...

2021-01-19 10:30 8680

M&A valuations boom in the second half of 2020, despite COVID-19 impacts on the economy, according to PwC

LONDON, Jan. 19, 2021 /PRNewswire/ -- M&A valuations are soaring, with rich valuations and intense competition for many digital or technology-based assets driving global deals activity, according to PwC's latestGlobal M&A Industry Trends anal...

2021-01-19 08:01 3451

Innovent Announces an Out-license Agreement with PT Etana Biotechnologies Indonesia to Launch BYVASDA® (Bevacizumab Biosimilar) in Indonesia

SAN FRANCISCO and SUZHOU, China, Jan. 19, 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 cancer, metabolic, autoimmune and other major diseas...

2021-01-19 08:00 8468

Tradewind Finance Delivers USD 5 Million Credit Facility for Meat Trading Company based in USA with Subsidiary in Brazil

NEW YORK, Jan. 18, 2021 /PRNewswire/ -- Tradewind Finance has completed a USD 5 million export factoring facility for a meat trading company that is based in the United States and has a subsidiary in Brazil. The company exports to the Middle East, South Africa, and Asia and is using the fundin...

2021-01-18 21:25 2115

Regent Pacific Group Limited Announces the Successful Launch of Fortacin(TM) in Hong Kong, Upcoming Launches in Taiwan and Macau and Related Business Updates

HONG KONG, Jan. 18, 2021 /PRNewswire/ -- Regent Pacific Group Limited ("Regent Pacific" or the "Company" and together with its subsidiaries, the "Group"; stock code: 0575.HK), a specialist healthcare, wellness and life sciences investment group is pleased to announce that Fortacin™, the Group's ...

2021-01-18 21:21 11204
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