Investment & Financing
New Business Models and Service Expansion in European Automotive Aftermarket eRetail Strengthen Growth Opportunities
Delticom, Amazon, and eBay have the strongest overall eRetailer portfolios in Europe, finds Frost & Sullivan's Mobility team LONDON, March 30, 2017 /PRNewswire/ -- European automotive aftermarket eRetailers are redrawing the boundaries of aftermarket service through innovative business models in...
SKF Invests in Expanding Production Capacity in Malaysia
GOTHENBURG, Sweden, March 30, 2017 /PRNewswire/ -- SKF is investing SEK 45 million in expanding its spherical roller bearing (SRB) capacity in Nilai, Malaysia. This investment will further improve utilisation of the Group's manufacturing capacity. Luc Graux, President, Bearing Operations, says: ...
Asia Pacific Drives New Growth in Global Centrifugal Pumps Market, finds Frost & Sullivan
End-user demand, modernization and power generation in emerging economies sustain growth SINGAPORE, March 30, 2017 /PRNewswire/ -- Water and wastewater end-user demand, power generation in emerging economies and investment in modernizing water and wastewater infrastructure are factors igniting p...
InstaReM introduces FREE Money Transfers
Absolutely ZERO Margins, ZERO Transfer Fees
Shaking up the Money Transfer Industry
HONG KONG, March 30, 2017 /PRNewswire/ -- InstaReM
Press Release Regarding The Filing Of A Draft Offer Document Relating To The Simplified Cash Tender Offer For The Shares Of Euro Disney S.C.A., Initiated By EDL Holding Company, LLC, Euro Disney Investments S.A.S. And EDL Corporation S.A.S., Presented By BNP Paribas
PARIS, March 30, 2017 /PRNewswire/ -- Price of the Offer 2.00 euros per Euro Disney S.C.A. share. Timetable The timetable will be set by the Autorité des marchés financiers (the "AMF") in accordance with its general regulation. This press release is being issued by EDL Holding Company, LLC; Eu...
Jiayuan International Announces Annual Results 2016
HONG KONG, March 30, 2017 /PRNewswire/ -- Financial Highlights: RMB 000' For the year ended 31 December Changes 2016 2015 Revenue 3,702,081 1,872,615 +97.7% Gross Profit 1,263,930 397,982 +217.6% Gross Profit Margin 34.1% 21.3% 12.8 p.p. Profit and total comprehensive incom...
Yirendai Enters into an Agreement of Intent on Performance Bond with PICC P&C
BEIJING, March 30, 2017 /PRNewswire/ -- Yirendai Ltd. (NYSE: YRD) ("Yirendai" or the "Company"), a leading online consumer finance marketplace in China, today announced that it has entered into an agreement of intent (the "Agreement") with the Beijing branch of PICC Property and Casualty Company Lim...
China Oceanwide Completes Acquisition of IDG
BEIJING, March 30, 2017 /PRNewswire/ -- China Oceanwide Holdings Group Co., Ltd ("China Oceanwide") announced the close of the acquisition of International Data Group, Inc. ("IDG") on March 29. Upon closing, China Oceanwide became the controlling shareholder, with 90% ownership share, of IDG's opera...
Huazhang Technology Issued Bonds in the Aggregate Principal Amount of HK$100 Million
HONG KONG, March 30, 2017 /PRNewswire/ -- Huazhang Technology Holding Limited ("Huazhang" or the "Group", stock code: 1673) is pleased to announce that, the Group has conditionally agreed to issue Bonds in the aggregate principal amount ofHK$100 million with 5.0% interest per annum, to Kaiser Ass...
Beijing Gas Blue Sky Announces 2016 Annual Results
HONG KONG, March 30, 2017 /PRNewswire/ -- Highlights * Total revenue increased by nearly 5 times to HK$633.8 million, which came entirely from the natural gas business * Total gas sales volume increased by 15 times to 285.0 million cubic meters * Profit for the year attributable to owners o...
Lim-Loges & Masters Offers Total Solution to Drive Sustainable Transformation
HONG KONG and SINGAPORE, March 30, 2017 /PRNewswire/ -- Lim-Loges & Masters, a pioneer inAsia that offers a total solution to drive sustainable transformation in companies and people, is ready to do business inHong Kong. LLM's solutions understand change and are designed to propel businesses, i...
China shows climate change prowess as large-scale CCUS facility enters construction
XI'AN, China, March 30, 2017 /PRNewswire/ -- China reaffirmed its emergence as a rapid climate change mitigator with today's announcement that the country's first large-scale carbon capture storage and utilisation (CCUS) facility would enter construction. The facility's final investment decision...
Eagle Selected by AIA Group to Establish Enterprise-Wide IBOR Solution
HONG KONG, March 30, 2017 /PRNewswire/ -- Eagle Investment Systems LLC, a BNY Mellon company, has been selected by AIA Group ("AIA") in connection with AIA's establishment of an Investment Book of Record (IBOR) and consolidation of the firm's investment management data sources onto one platform. ...
Kingold Jewelry Reports 2016 Fourth Quarter and Year End Financial Results Highlighted by Annual Sales of $1.4 Billion and Record Net Income
Company to Hold Conference Call with Accompanying Slide Presentation at 5 p.m. ET on March 29, 2017 WUHAN, China, March 29, 2017 /PRNewswire/ -- Kingold Jewelry, Inc. ("Kingold" or "the Company") (NASDAQ: KGJI), one of China's leading manufacturers and designers of high quality 24-karat gold jewelr...
EMC Greater China President Mr. Denis Shing Fai Yip Joins DC Holdings to Drive DC's Strategic Transformation to Big Data Technology
HONG KONG, March 30, 2017 /PRNewswire/ -- The board of directors (the "Board") of Digital China Holdings Limited (the "Company") is pleased to announce that with effect from1 May 2017, Mr. Denis Shing Fai Yip ("Mr. Yip") will be appointed as a Chief Executive Officer of the Company. Mr. Yip has...
DC Holdings Achieves Remarkable Improvement in FY2016 Annual Results; Driving Innovation to Transform the Group into a Big Data Service Provider
HONG KONG, March 30, 2017 /PRNewswire/ -- Digital China Holdings Limited ("DC Holdings" or the "Group"; Stock Codes: 00861.HK; 910861.TW) today announced its annual results for the twelve months ended31 December 2016 (the "Period"). Disposal transaction completed while new strategy delivered init...
Shenzhen Investment Reception shows Shenzhen's innovation power to Hollywood
SHENZHEN, China, March 29, 2017 /PRNewswire/ -- Shenzhen (China) - Los Angeles (USA) Emerging Industry Investment Reception and Luohu Cultural and Creative Industries Investment Reception was held in the Hollywood Roosevelt Hotel in Los Angeles on March 29th, 2017. The investment reception is org...
The Mikey Czech Foundation Contributes $1 Million To DIPG Research At Dana-Farber Cancer Institute
NEW CANAAN, Connecticut, March 30, 2017 /PRNewswire/ -- The Mikey Czech
Foundation, Inc. (the "Foundation",www.mikeyczech.org
Weichai Power Announces 2016 Annual Results
Continuous Improvement in Global Layout and Structural Adjustments Gradually in Place Excellent Performance for Core Business and Innovation-driven Self-development HONG KONG, March 29, 2017 /PRNewswire/ -- Weichai Power Co., Ltd. ("Weichai Power" or "the Company", HKSE: 2338, SZSE: 000338) anno...
Ontario Teachers' is fully funded for fourth consecutive year
Net assets rose to $175.6 billion in 2016 Total-fund rate of return of 4.2% TORONTO, March 29, 2017 /PRNewswire/ -- Ontario Teachers' Pension Plan (Ontario Teachers') today announced it was 105% funded as ofJanuary 1, 2017, its fourth consecutive year of being fully funded. Net assets rose by$4....
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