Financial Services
Precision Immersion Cooling Specialist, Iceotope Technologies, Secures £30m Funding from Global Syndicate Led by Impact Investor ABC Impact
* Singapore impact private equity firm, ABC Impact, is investing in Iceotope to drive the reduction of carbon emissions from data centres and contribute to the achievement of net-zero emissions for the sector * Syndicate includes nVent, a leading global provider of electrical connection and p...
Fosun receives S&P report: Fosun has flexibility to replenish cash and has adequate resources to manage debt maturities
HONG KONG, July 6, 2022 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International") said S&P Global Rating has published a report on 23 June, stating that Fosun has adequate resources to meet its upcoming debt maturities over the next six to 12 months. According t...
ESR upsizes development joint venture in Korea with APG and CPP Investments by up to US$1 billion
SEOUL, South Korea and HONG KONG, July 6, 2022 /PRNewswire/ -- ESR Group Limited ("ESR" or the "Group"; SEHK Stock Code: 1821), APAC's largest real asset manager, announced today the upsize of its second development joint venture ("ESR-KS II" or the "Joint Venture") in Korea with APG and Canada ...
Adyen provides omnichannel payments services to UNIQLO
Adyen financial technology platform supports Fast Retailing move to strengthen omnichannel payments. AMSTERDAM, July 6, 2022 /PRNewswire/ -- Adyen (AMS: ADYEN), the financial technology platform of choice for leading companies, has been chosen by Fast Retailing, operator of UNIQLO, to power paym...
Esco Lifesciences Group Strengthens IVF Portfolio by Acquiring Evidence Solution
SINGAPORE, July 6, 2022 /PRNewswire/ -- Esco Lifesciences Group ("Esco", the "Company") announces the full acquisition of Evidence Solution ("Evidence"), a Danish software company offering In Vitro Fertilization (IVF) management technologies and quality management systems ("Evidence witness syste...
Ascletis Announces U.S. IND Filing of Oral RdRp Inhibitor Drug Candidate ASC10 for COVID-19
-- ASC10 is an oral small molecule drug candidate, which is in-house discovered and developed, and Ascletis retains full global rights for its development and commercialization --This IND filing of ASC10 in the U.S. will accelerate Ascletis' global multi-center clinical studies on ASC10 and bett...
Global Cord Blood Corporation Reports Financial Results for the Fourth Quarter and Full Year of Fiscal 2022
Added 16,423 New Subscribers in 4QFY22 4QFY22 Revenues Down 1.7% YoY to RMB297.2 Million ($46.9 Million) 4QFY22 Gross Profit Down 0.5% YoY to RMB255.2 Million ($40.3 Million) 4QFY22 Operating Income Down 4.1% YoY to RMB142.1 Million ($22.4 Million) 4QFY22 Non-GAAP Operating Income Down 4.1% YoY ...
Sale of the P-MAX vessel Stena Paris
GÖTEBORG, Sweden, July 6, 2022 /PRNewswire/ -- Concordia Maritime has entered into an agreement for the sale of the product tanker Stena Paris (65,000 dwt, built in 2005). The buyer is based inGreece and delivery is expected to take place at the end ofJuly 2022. The sale is expected to have a po...
Release on scammers impersonating Vickers Venture Partners
SINGAPORE, July 6, 2022 /PRNewswire/ -- Vickers Venture Partners has recently been made aware of a party impersonating us, creating websites, Telegram channels and a YouTube account, claiming to have launched the Vickers Venture AI Trading platform and soliciting the public to open a trading acco...
Expanding the Global Market, GWM TANK Holds the Brand Conference in Saudi Arabia
BAODING, China, July 5, 2022 /PRNewswire/ -- On July 3, the GWM TANK held a brand conference inSaudi Arabia with its two star models, GWM TANK300 and GWM TANK500, which were officially unveiled to global customers. The conference was held under the theme of "Limitless Experience". The TANK br...
Doo Financial Acquires An Insurance Broker Licensed Entity Regulated By The Hong Kong Insurance Authority
HONG KONG, July 5, 2022 /PRNewswire/ -- Doo Group's affiliate, Doo Financial, today announced its acquisition of a Wealth Management Limited company (IA FB1823), now known as Doo Wealth Management HK Limited. It is an insurance broker company listed on the Register of Licensed Insurance Intermedi...
Transporta Selected to Participate in Startup Studio Indonesia Incubation Program Batch 4
JAKARTA, Indonesia, July 5, 2022 /PRNewswire/ -- Transporta
ASCOTT ACQUIRES OAKWOOD WORLDWIDE TO FAST-TRACK GROWTH TO OVER 150,000 UNITS GLOBALLY
Acquisition adds to recurring fee income streams and expands lodging offerings to strengthen Ascott's leading position SINGAPORE, July 5, 2022 /PRNewswire/ -- CapitaLand Investment Limited's (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) announced it is acquiring Oakwood W...
Fosun receives S&P report: Fosun has flexibility to replenish cash and has adequate resources to manage debt maturities
HONG KONG, July 5, 2022 /PRNewswire/ -- Fosun International Limited (HKEX stock code: 00656, "Fosun International") said S&P Global Rating has published a report on 23 June, stating that Fosun has adequate resources to meet its upcoming debt maturities over the next six to 12 months. According t...
GLOBIS Launches First Ever European Subsidiary in Brussels
BRUSSELS, July 5, 2022 /PRNewswire/ -- On July 1, 2022, GLOBIS Corporation established GLOBIS Europe BV, based inBrussels, Belgium. This is GLOBIS's first location in the EMEA region, servingEurope, the Middle East, and Africa. This is an important step toward bringing the expertise ofJapan's lar...
How Technology Companies Find Growth Opportunities in Digitized Governance Models
eGovernance models and platforms are instrumental in improving socioeconomic infrastructure, says Frost & Sullivan SAN ANTONIO, July 5, 2022 /PRNewswire/ -- Citizens' evolving requirements, rapid urbanization and digitalization are encouraging governments to adopt a digitized governance model. F...
CCTV+: Xi: China ready to promote more robust, greener and healthier global development
BEIJING, July 5, 2022 /PRNewswire/ -- China is ready to work with countries around the world to promote more robust, greener and healthier global development, said Chinese President Xi Jinping in a congratulatory letter to a forum on global development held inBeijing on Monday. &nbs...
Xinhua Silk Road: Guotai Junan Securities given nod by CSRC to set up subsidiary in Macao
BEIJING, July 5, 2022 /PRNewswire/ -- GuotaiJunan Securities (GuotaiJunan), a leading Chinese securities firm, has been approved by the Chinese securities regulator to set up a subsidiary in Macao Special Administrative Region (Macao SAR) onJune 29. Guotai Junan said that it has received a forma...
CPIC celebrates 25th anniversary of Hong Kong's return to China, prospering together with GBA
HONG KONG, July 5, 2022 /PRNewswire/ -- Hong Kong marked the significant 25th anniversary of its return to the motherland on 1 July. With 25 years' efforts to step up integration and development with mainlandChina, Hong Kong has made remarkable achievements in different sectors including economy,...
Cognizant Wins Multi-Year Contract from National Insurance Company to Accelerate Digital Transformation
Public sector insurer selects Cognizant to further strengthen its operational excellence and future-ready technology roadmap NEW DELHI, July 5, 2022 /PRNewswire/ -- Cognizant today announced that it has been selected as a strategic technology provider by National Insurance Company Limited (NICL)...
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