Investment & Financing

SeABank Completes Basel II Three Pillars Before Deadline

2020-07-03 19:04 1255

HANOI, Vietnam, July 3, 2020 /PRNewswire/ -- Southeast Asia Commercial Joint Stock Bank (SeABank -Vietnam) held an announcement ceremony of the completion of the second pillar of Basel II - Internal Capital Adequacy Assessment Process (ICAAP).

United Safety Acquires QTEC Fire Services PTY LTD

2020-07-03 01:30 729

United Safety acquires premier supplier of high-quality fire suppression equipment. EXTON, Pennsylvania, July 3, 2020 /PRNewswire/ -- United Safety, a global manufacturer of safety and survivability solutions, announced the acquisition of QTEC Fire Services Pty Ltd, effectiveJuly 1st. QTEC, an A...

Hyundai Mobis Accelerate Mobility Technologies Investing in Overseas VC Funds

2020-07-02 21:00 3144

SEOUL, South Korea, July 2, 2020 /PRNewswire/ -- Hyundai Mobis(KRX:012330), which has been devoted to securing future car technologies by developing proprietary technologies and investing directly in global leaders, is diversifying its investment strategies by investing in global venture funds, ...

Veoneer and Volvo Cars Finalize Split of Software Joint Venture Zenuity

2020-07-02 15:08 3635

STOCKHOLM, July 2, 2020 /PRNewswire/ -- The automotive technology company, Veoneer, Inc. (NYSE: VNE and SSE: VNE SDB), has finalized the split of Zenuity, its software and ADAS joint venture with Volvo Cars. As part of the split, Veoneer received IP licenses and strengthened its software and syst...

CF PharmTech, Inc. Closes a US $50M Series F Financing to Accelerate the Commercialization of its Inhalation Products.

2020-07-02 09:00 1608

SUZHOU, China, July 2, 2020 /PRNewswire/ -- CF PharmTech, Inc. ("CF PharmTech") announced today that it has raised US $50M in Series F financing following its US$90M Series E financing in January of 2020, in total, successfully completing an equity investment deal of nearly US$140M within six mon...

LKCO Announces a New Round of Financing

2020-07-01 20:00 4594

BEIJING, July 1, 2020 /PRNewswire/ -- Luokung Technology Corp. (NASDAQ: LKCO) ("Luokung" or the "Company"), one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company inChina, today announced it has entered into a pre...

Closing of transaction - Barry Callebaut completes acquisition of GKC Foods in Australia

2020-07-01 13:46 840

ZURICH and SINGAPORE, July 1, 2020 /PRNewswire/ -- The Barry Callebaut Group, the world's leading manufacturer of high-quality chocolate and cocoa products, today announced that it has successfully closed the acquisition of GKC Foods ( Australia) Pty Ltd, a producer of chocolate, coatings and fill...

FDA Approves BAVENCIO as First-Line Maintenance Treatment for Patients with Locally Advanced or Metastatic Urothelial Carcinoma

2020-07-01 07:30 4532

DARMSTADT, Germany and NEW YORK, July 1, 2020 /PRNewswire/ -- Merck and Pfizer Inc. (NYSE: PFE) today announced that the US Food and Drug Administration (FDA) has approved the supplemental Biologics License Application (sBLA) for BAVENCIO® (avelumab) for the maintenance treatment of patients with...

Carmine Therapeutics and Takeda Collaborate to Discover and Develop Rare Disease Gene Therapies Using Novel Red Blood Cell Extracellular Vesicles Platform

2020-07-01 07:00 561

CAMBRIDGE, Mass., July 1, 2020 /PRNewswire/ -- Carmine Therapeutics announced today that it has signed a research collaboration agreement with Takeda Pharmaceutical Company Limited ("Takeda") to discover, develop and commercialize transformative non-viral gene therapies for two rare disease targ...

Toshiba TEC Singapore acquires MFP Business from Toshiba Data Dynamics

2020-07-01 00:00 508

SINGAPORE, July 1, 2020 /PRNewswire/ -- Toshiba TEC Singapore (TSE) announced their acquisition of the Multifunction Printers (MFP) Business from Toshiba Data Dynamics (TDSP). This will see TDSP shifting from a distributorship to a direct ownership model, where they will be supplying MFPs to thei...

Leading Canadian Coatings Maker Onerpro Signs Definitive Share Swap Agreement with Conergies (Zhejiang) New Material Technology Co.,Ltd.

2020-06-30 21:00 4317

TORONTO, June 30, 2020 /PRNewswire/ -- Onerpro Technologies Corp. ("Onerpro"), a leading developer and supplier of coating products and technologies inCanada, announced that the company has signed a Definitive Share Swap Agreement with its key partner, Conergies (Zhejiang) New Material Technology...

Toyobo, 11 other companies jointly launch R Plus Japan, Ltd. to recycle used plastics

2020-06-30 13:00 356

OSAKA, Japan, June 30, 2020 /PRNewswire/ -- Toyobo Co., Ltd. and 11 other companies forming a plastic value chain have jointly established a new company called R Plus Japan, Ltd. ("R Plus Japan", hereafter), which will facilitate the recycling of used plastics to help solve plastics-associated pr...

Cognitive GRC Limited launches following management buyout of Cordium Asia Limited

2020-06-30 13:00 665

HONG KONG, June 30, 2020 /PRNewswire/ -- Cognitive GRC Limited (Cognitive GRC), specialist providers of governance, risk and compliance services, announces its launch following a management buyout of Cordium Asia Limited formerly doing business asACA Compliance Group (ACA)

Dense Air Partners With Spark to Enhance Mobile Broadband Services in New Zealand

2020-06-29 20:55 626

AUCKLAND, New Zealand, June 29, 2020 /PRNewswire/ -- Dense Air today announced that in conjunction with Spark it made the first live call via Dense Air's 'Radio-Network-as-a-Service' solution. Both voice and data calls, including Voice-over-LTE calls, were made over Dense Air's 2.6 GHz radio netw...

Qiming's Portfolio Company Gan & Lee Pharmaceuticals Lands A-Shares Main Board

2020-06-29 11:31 717

SHANGHAI, June 29, 2020 /PRNewswire/ -- Chinese insulin manufacturer Gan & Lee Pharmaceuticals (SHSE: 603087), Qiming's portfolio company today lands on the A-shares main board market. The issue price of Gan & Lee isRMB 63.32 per share. The stock opens atRMB 91.18 per share, up 44%, with a market...

ElcomSoft Certified: Digital Forensics Trainings and Trainer Certification Programs

2020-06-29 07:40 560

LONDON, June 29, 2020 /PRNewswire/ -- ElcomSoft Co.Ltd. announces partner certification and end-user training programs in the fields of computer and mobile forensics. ElcomSoft's partner trainings and the newly announced certification program will allow the company's regional partners to deliver ...

KPMG and Planon Extend Cooperation to Support Organisations in the Digitalisation of Lease-, Real Estate- and Portfolio Management Processes

2020-06-26 13:48 1063

NIJMEGEN and AMSTELVEEN, Netherlands, June 26, 2020 /PRNewswire/ -- KPMG and Planon today announced moving their collaboration to the next level, by signing a partnership agreement. Over the past two years the parties have been successfully working together on helping companies to comply with IFR...

Infinity Capital Group Acquires Substantial Stake in Ultima United Limited as part of its Asia-Pacific Expansion Plan

2020-06-25 10:25 1595

PERTH, Australia and HONG KONG, June 25, 2020 /PRNewswire/ -- Infinity Capital Group (ICG), a luxury property developer headquartered inHong Kong, announced today that it has acquired a substantial stake in anAustralia-based property developer listed on the Australian Stock Exchange, Ultima Unite...

Deep01 Closes Fundraising Led by ASUS and Received the First Purchase Order of Their AI-Based Medical Device in Taiwan

2020-06-24 23:00 772

TAIPEI, June 24, 2020 /PRNewswire/ -- Deep01, a developer of artificial intelligence (AI) software designed to assist physicians to accurately interpret computerized tomography (CT) images of the brain, announced that it raisedUS$2.7 million in financing. ASUSTeK Computer Inc., a worldwide top-th...

HyperSKU Successfully Completes Series A Financing, Hires Head of Business Development to Bolster European Expansion

2020-06-24 21:30 638

HONG KONG, June 24, 2020 /PRNewswire/ -- HyperSKU , an up-and-coming B2B solution for eCommerce businesses, today announced that it completed its$4 million Series A round of financing. On the heels of this successful investment round, the firm has also named a new head ...

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