Investment & Financing
Strong fiscal year lays the foundation for further growth at Osram
SHANGHAI, Nov. 7, 2017 /PRNewswire/ -- "We delivered another peak year in 2017 on the back of a strong performance whilst also making good progress on our way to becoming a high-tech company," saidOlaf Berlien, CEO of OSRAM Licht AG. "Osram is in a great position thanks to its expertise in innova...
APAC Enterprises Deploy Red Hat OpenStack Platform to More Swiftly Scale IT Cloud Infrastructure
SINGAPORE, Nov. 7, 2017 /PRNewswire/ -- Red Hat, Inc. (NYSE: RHT), the world's leading provider of open-source solutions, today shared that enterprises in APAC countries such asAustralia, mainland China, Hong Kong, Korea and Singapore have adopted Red Hat OpenStack Platform, a highly-scalable In...
Greater China Appraisal: Valuations on Private Equity Investments Getting Increasingly Prominent -- Time to Prepare for IFRS9
HONG KONG, Nov. 7, 2017 /PRNewswire/ -- In 2016, 1,675 RMB-denominated PE funds raised capital inChina, hitting a historical record of a total of RMB 996 billion. The internet sector is still the most favoured investment in the first half of 2017 with 282 completed deals. The IT sector comes next...
China to Become Second-Largest Asset Management Market Globally by 2019, With Half of Net New Industry Flows: Casey Quirk
DARIEN, Conn. and HONG KONG, Nov. 7, 2017 /PRNewswire/ -- Asset management strategy consultancyCasey Quirk, a practice of Deloitte Consulting LLP, expects China to become the second-largest asset management market globally, behindthe United States, by 2019. Casey Quirk also expects China to attra...
Future FinTech Enters into Agreements to Acquire Financial Assets
XI'AN, China, Nov. 6, 2017 /PRNewswire/ -- Future FinTech Group Inc. (NASDAQ: FTFT) ("Future FinTech" or "the Company"), a financial technology company and integrated producer of fruit-related products, today announced that onNovember 2, 2017, one of its wholly owned subsidiaries, Hedetang Foods ...
China Internet Nationwide Financial Services Inc. Announces FinTech Initiative to Position Itself for Next Phase of Growth
BEIJING, Nov. 6, 2017 /PRNewswire/ -- China Internet Nationwide Financial Services Inc. (NASDAQ: CIFS) ("CIFS" or the "Company"), a leading financial advisory services company, today announced plans to make "FinTech" or financial technologies a core competency and a key growth driver for the Comp...
International Process Plants and BCMC to Supply 30kta Chlor-Alkali Plant Complex to SR Group Bangladesh
PRINCETON JUNCTION, N.J., Nov. 6, 2017 /PRNewswire/ -- International Process Plants and Equipment Corp. (IPP) announced today that along with its partner Bluestar (Beijing) Chemical Machinery Co. Ltd. (BCMC), a unit of ChemChina, has signed agreements to provide a brand new Chlor-Alkali productio...
Lianlian Pay Brings Latest Cross-Border Payment Solution to Money 20/20
LAS VEGAS, Nov. 6, 2017 /PRNewswire/ -- Top Chinese mobile payment company Lianlian Pay has presented its latest cross-border payment solution at Money 20/20 inLas Vegas, serving global branding money transfer organizations, international payment companies and e-Commerce and service provider plat...
Cedarlake Capital completes acquisition of BMF Group AG in Switzerland
HONG KONG, Nov. 6, 2017 /PRNewswire/ -- Cedarlake Capital announced that it has completed the acquisition of controlling equity stake of BMF Group AG, a world's leading ropeway manufacturer headquartered in Flums,Switzerland. The transaction, with definitive agreement signed in September, is made...
SGS is pleased to announce the acquisition of BioVision Seed Research Ltd., Sherwood Park, AB
MISSISSAUGA, Nov. 3, 2017 /PRNewswire/ -- Headquartered Sherwood Park, AB, with additional facilities inWinnipeg and Grand Prairie; BioVision Seed Research Ltd. is a leading seed, grain and soil testing laboratory serving the agricultural markets inWestern Canada and beyond. The company offers ...
Starrise Media Announces New Stock Short Name, Company Logo, and Company Website
HONG KONG, Nov. 3, 2017 /PRNewswire/ -- Starrise Media Holdings Limited ("Starrise Media", or the "Company", Stock Code: 1616.HK), formerly known as Silverman Holdings Limited, today announced that its Shares traded on the Main Board of the Hong Kong Stock Exchange has been renamed from "SILVERMA...
Cedarlake Capital completes acquisition of BMF Group AG in Switzerland
SHANGHAI, Nov. 3, 2017 /PRNewswire/ -- Cedarlake Capital announced that it has completed the acquisition of controlling equity stake of BMF Group AG, a world's leading ropeway manufacturer headquartered in Flums,Switzerland. The transaction, with definitive agreement signed in September, is made ...
Enterworks Earns Frost & Sullivan's 2017 Product Leadership Award for its Innovative MDM/PIM Solutions
EnterWorks EnableTM is an end-to-end, unique software platform that provides scalable, flexible, and lower TCO solutions for customers SANTA CLARA, California, Nov. 3, 2017 /PRNewswire/ -- Based on its recent analysis of the MDM/PIM Software for the manufacturing and distribution market, Frost &...
Frost & Sullivan Recognizes Boonton Electronics for Its Global Product Leadership in Radio Frequency Power Meters
Boonton's RF USB power meters offer customers cost-effective, compact, and easy-to-use solutions for capturing and analyzing RF signals SANTA CLARA, California, Nov. 2, 2017 /PRNewswire/ -- Based on its recent analysis of the radio frequency (RF) test and measurement (T&M) market, Frost & Sulliv...
ABI Research puts 40 more companies on its radar in its AR & Mixed Reality Market Tracker
AR/MR market is quickly gaining momentum; over 250 companies globally already on the grid SINGAPORE, Nov. 2, 2017 /PRNewswire/ -- With the Augmented Reality (AR) and Mixed Reality (MR) market continuing to scale up quickly,ABI Research has just added 40 companies to its AR and MR ecosystem track...
HKBN Ltd. Announces FY2017 Results
HONG KONG, Nov. 2, 2017 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Company"; SEHK stock code: 1310) today reported financial and business performance for the year ended31 August 2017 ("FY2017"). During the year, the Company accelerated growth in both residential and enterprise businesses, beginnin...
CashShield Expands Global Team With Industry Powerhouses - Former Qunar COO Denise Peng And Dianping Founder Tao Zhang
SINGAPORE, Nov. 2, 2017 /PRNewswire/ -- CashShield
Ctrip Reports Unaudited Third Quarter of 2017 Financial Results
SHANGHAI, Nov. 1, 2017 /PRNewswire/ -- Ctrip.com International, Ltd. (Nasdaq: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management inChina ("Ctrip" or the "Company"), today announced its unaudited financial...
China Biologic Reports Unaudited Financial Results for the Third Quarter of 2017
BEIJING, Nov. 1, 2017 /PRNewswire/ --China Biologic Products Holdings, Inc. (NASDAQ: CBPO, "China Biologic" or the "Company"), a leading fully integrated plasma-based biopharmaceutical company inChina, today announced its unaudited financial results for the third quarter of 2017. Third Quarter 2...
FMC Corporation Completes Transformative Transactions with DuPont
PHILADELPHIA, Nov. 1, 2017 /PRNewswire/ -- FMC Corporation (NYSE: FMC) today announced it has successfully completed the closing of its two pending transactions with DuPont. The companies signed a definitive agreement onMarch 31, 2017, and have now satisfied all necessary conditions and approva...
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