Investment & Financing
$100M USD and 100 cities: Lalamove raises Series C to expand leading delivery coverage in Asia
HONG KONG, Oct. 11, 2017 /PRNewswire/ -- Lalamove, the leading same-day delivery and logistics provider inSoutheast Asia and China, has recently completed its latest$100M USD Series C funding round. The round was led by ShunWei Capital, a venture capital firm that invests significantly in growt...
Shell divests its interest in Comgas for a headline of US$380 million
HOUSTON, Oct. 11, 2017 /PRNewswire/ -- Shell Gas BV, Shell Brazil Holding BV and Integral Investments BV ("Shell") today announce they have signed an agreement with Cosan Ltd. to execute an existing Put Option Agreement, which allows Shell to sell all of its 16.8% interest in Companhia de Gas de ...
Jalou Media Group And GEM Group Announce The Launch Of L'Officiel USA Inc.
PARIS, Oct. 10, 2017 /PRNewswire/ -- Jalou Media Group and the GEM Group are excited to announce the launch of L'OfficielUSA Inc., debuting the international digital platform onMonday, November 6th and the first print edition inFebruary 2018. The L'Officiel title is owned by Jalou Media Group, a ...
Zhaoqing Piston Machinery Announces Its Initial Public Offering on ASX to Raise $14 Million
SYDNEY, Oct. 10, 2017 /PRNewswire/ -- Chinese companies continue to show great interest in Australian Securities Exchange with Zhaoqing Piston Machinery Ltd listing on ASX in the coming weeks. Its sights are firmly set on securing its place in the manufacture of cast iron products for the automot...
Public Investment Fund Launches 'Fund of Funds'
RIYADH, Saudi Arabia, October 9, 2017 /PRNewswire/ -- The Fund of Funds' objective is to become a catalyst for growth in the Kingdom's small and medium sized enterprise (SME) sector Aligned with the Vision 2030 goal to facilitate enhanced access to funding for SMEs in the Kingdom The Public...
Ridecell Introduces the First Complete Autonomous New Mobility Solution with Acquisition of Auro and the Launch of the Ridecell Autonomous Operations Platform
Extends new mobility leadership into autonomous by enabling fully operational,
on-demand self-driving shuttle services today
SAN FRANCISCO, Oct. 9, 2017 /PRNewswire/ -- Ridecell
Cleantech Solutions International Enters into Exclusivity Agreement with Inspirit Studio Regarding Potential Acquisition
HONG KONG, Oct. 9, 2017 /PRNewswire/ -- Cleantech Solutions International, Inc. ("Cleantech Solutions" or "the Company") (NASDAQ: CLNT) today announced that its wholly-owned subsidiary, Sharing Economy Investment Limited ("SEI"), has entered into an exclusivity agreement with Inspirit Studio, reg...
IndiGrid Approves Acquisition of Three Power Transmission Assets
MUMBAI, India, Oct. 9, 2017 /PRNewswire/ -- Key Highlights: * IndiGrid's AUM will increase by 40% post these acquisitions * Annualized distribution will increase by 4% from INR 11.00 to 11.44 per unit * The implied yield will increase from 11.6%* to 12.1%* *based on INR 94.93/ unit ...
Credit Management Services Leader AsiaCollect Raises $1 mln from Dymon Asia Ventures.
SINGAPORE, Oct. 9, 2017 /PRNewswire/ -- AsiaCollect, a Southeast Asian leader in professional Credit Management Services ("CMS"), closed a Pre-Series A equity funding round. The round was underwritten by Dymon Asia Ventures, the venture capital arm of Dymon Asia Capital, aSingapore-based alter...
Cirro Capital to invest in Malaysian Palm Plantation
KUALA LUMPUR, Malaysia, Oct. 6, 2017 /PRNewswire/ -- Cirro Capital Limited, a Malaysian-based investment company targeting cross-region projects, as recently utilized approximatelyUSD 5,000,000 to acquire a significant stake in a Malaysian oil palm plantation. Cirro is one of many investment com...
Marken Acquires Touchdown International Ltd In Taiwan
Company Expands its Logistics Footprint into Another Important Asia Market RESEARCH TRIANGLE PARK, N.C., Oct. 5, 2017 /PRNewswire/ -- Marken announced today the acquisition of Touchdown International Ltd, a privately held specialty logistics company inTaiwan, for an undisclosed sum. Touchdown is ...
In Mind Cloud Announces Successful Later Stage Series A Financing Round to Fuel Global Market Expansion
SINGAPORE and MUNICH, Oct. 4, 2017 /PRNewswire/ -- In Mind Cloud Pte Ltd
Merck Invests EUR35 Million in its Italian Biotech Manufacturing Site of Bari
BARI, Italy, Oct. 3, 2017 /PRNewswire/ -- * New production line for the aseptic filling of biotech medicines under isolator * Isolator technology represents best practice for the aseptic filling of injectable medicines and ensures the highest quality standards * Investment supports growt...
OTC Europe Acquires Oil Brokerage Limited
Leading IDB bolsters liquidity and strengthens product offerings, continues geographic expansion with addition of global physical and financial oil products firm LONDON, Oct. 3, 2017 /PRNewswire/ -- OTC Europe, LLP, a subsidiary of leading independent commodities interdealer broker OTC Global Ho...
Kryon Systems Raises $12 Million Series B Funding Round to Lead the Next-Generation of RPA
TEL AVIV, Israel, Oct. 3, 2017 /PRNewswire/ --
Led by Aquiline Technology Growth and Vertex Ventures, the funding will fuel
the global expansion of Kryon and will support the development of
enterprise-grade RPA solutions
Kryon Systems
NSSK And Eaton Partners Announce The Closing Of NSSK II
Eaton Partners served as exclusive international placement agent TOKYO, Oct. 3, 2017 /PRNewswire/ -- Nippon Sangyo Suishin Kiko ("NSSK"), a leading Japanese private equity firm targeting control acquisitions of quality middle market companies, announced today that it has completed a final closing...
Public Investment Fund to Launch "Rou'a Almadinah" Company
RIYADH, UAE, October 3, 2017 /PRNewswire/ -- * Company will reinforce Al Madinah's position as an international Islamic destination * The project will increase capacity for pilgrims and visitors to the holy sites, enrichingspiritual and cultural experiences The Public Investment Fund (PIF...
Tentamus Group completes the takeover of the TÜV Rheinland food analysis laboratories
COLOGNE, Germany, Oct. 3, 2017 /PRNewswire/ -- TÜV Rheinland decided to step out of the food analytics testing business and sell all food related activities toBerlin/German based Tentamus Group. Today, the transfer process was completed. The Chinese laboratories in Fuzhou andHainan, as well as t...
Noah Holdings Limited Provides Update on Asset Management Business
SHANGHAI, Sept. 29, 2017 /PRNewswire/ -- Noah Holdings Limited ("Noah" or the "Company") (NYSE: NOAH), a leading wealth and asset management service provider inChina with a focus on global investment and asset allocation services for high net worth individuals and enterprises, today announced it ...
Sino Fortune Holding Corp. Announces Name Change
SHANGHAI, Sept. 29, 2017 /PRNewswire/ -- Sino Fortune Holding Corporation (OTCQB: SFHD) ("Sino Fortune" or the "Company"), a leading online financial credit facility solution provider servicing SME and individual borrowers in China, today announced the change of its corporate name from Sino Fortu...
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