Investment & Financing

CBC Group Completes Strategic Acquisition of UCB's Mature Product Portfolio in China

2024-11-30 09:00 7445

* CBC Group and Mubadala acquire UCB's mature neurology and allergy business inChina for US$680 million. * New company is named NeuroGen Pharma, led by an experienced management team with a strong track record in the biopharma industry. * Strategic acquisition under CBC's buyout strategy exp...

BGM Group Ltd Pioneers Innovation in AI Technology, Fostering Holistic Integration of Healthcare and Insurtech

2024-11-29 23:58 6475

CHENGDU, China, Nov. 29, 2024 /PRNewswire/ -- BGM Group Ltd. (NASDAQ: BGM) ("the Company" or "BGM"), a leading global pharmaceutical enterprise, today announced its acquisition of the intelligent platform of AIX Inc. (NASDAQ: AIFU) ("AIX") valued at1 billion RMB (approximately $140 million). The ...

OIA ANNOUNCES A US$500 MILLION STRATEGIC COLLABORATION WITH TÜRKIYE'S OYAK FUND

2024-11-29 15:27 2894

MARKING ITS NINTH STRATEGIC PARTNERSHIP WITH GLOBAL WEALTH FUNDS MUSCAT, Oman, Nov. 29, 2024 /PRNewswire/ -- As part of His Majesty Sultan Haitham bin Tarik's state visit to the Republic of Türkiye, Oman Investment Authority (OIA),Oman's Sovereign Wealth Fund, announced a US$500 million collabor...

HyperStrong and NW Forge Partnership to Bring Advanced Energy Storage Solutions to Asia

2024-11-29 15:21 5569

BEIJING, Nov. 29, 2024 /PRNewswire/ -- HyperStrong, the Chinese leader in energy storage system integration, and NW, the French leader in electricity storage, have signed an agreement to jointly develop and operate JBox® and IECharge® products and solutions, along with associated services, in Asi...

Masdar Closes Deal to Acquire TERNA ENERGY Announces Goal to Supercharge Growth in Greece and Eastern Europe

2024-11-29 04:16 4377

* Masdar has successfully completed the acquisition of 70% of the outstanding shares of TERNA ENERGY to become majority shareholder of the Greek clean energy champion * Following the closing of the transaction, Masdar will seek regulatory approvals for launch of an all-cash mandatory tender o...

Lanchi Ventures Leads $42M Series A Financing for Allink Biotherapeutics to Accelerate Global Development of Bispecific Antibody and ADC Pipeline

2024-11-28 21:30 5065

The series A investment round secures resources for advancing global Phase I/II clinical programs and orchestrating the company's global footprint expansion. BEIJING, Nov. 28, 2024 /PRNewswire/ -- Allink Biotherapeutics, a clinical-stage biotechnology company pioneering next-generation bispecific...

Allink Biotherapeutics Raises $42M Series A Financing to Accelerate Global Development of Bispecific Antibody and ADC Pipeline

2024-11-28 21:06 5087

The series A investment round secures resources for advancing global Phase I/II clinical programs and orchestrating the company's global footprint expansion. SHANGHAI, Nov. 28, 2024 /PRNewswire/ -- Allink Biotherapeutics, a clinical-stage biotechnology company pioneering next-generation bispecifi...

Tam Jai International Debuts in Australia

2024-11-28 17:23 5306

With Successful Launch of First Overseas Franchised Store HONG KONG, Nov. 28, 2024 /PRNewswire/ -- Tam Jai International Co. Limited (" TJI", "Tam Jai International", "TamJai" or the "Company", and together with its subsidiaries, the "Group"; HKEX stock code: 2217), one of the leading and renowne...

Fintica AI and Legend Arb of Hong Kong Announce Strategic Investment and Partnership

2024-11-28 09:00 2683

HONG KONG, Nov. 28, 2024 /PRNewswire/ -- Fintica AI Ltd, a leading innovator in next-generation AI solutions for capital markets, and Legend Arb Trading Limited, aHong Kong-based proprietary trading firm with a global footprint across major financial hubs such asShanghai, Taiwan, and Singapore, h...

Fintica AI and Legend Arb of Hong Kong Announce Strategic Investment and Partnership

2024-11-28 09:00 2903

HONG KONG, Nov. 27, 2024 /PRNewswire/ -- Fintica AI Ltd, a leading innovator in next-generation AI solutions for capital markets, and Legend Arb Trading Limited, aHong Kong-based proprietary trading firm with a global footprint across major financial hubs such asShanghai, Taiwan, and Singapore, h...

ASPEED Technology's Cupola360 Smart Patrol Solution Contributes to Vietnam's First Lighthouse Factory

2024-11-26 14:00 3321

HSINCHU, Nov. 26, 2024 /PRNewswire/ -- ASPEED Technology, a leader in 360-degree immersive imaging solutions, and its subsidiary Cupola360 Inc., have collaborated with Foxconn Industrial Internet (Fii), a subsidiary of Hon Hai Technology Group (Foxconn), to successfully implement the Cupola360 sm...

AsiaPay Champions Women-Led Ventures Across APAC with A$40K in Prizes

2024-11-26 09:30 4017

Second Year of Support for Women Entrepreneurs Driving Positive Change MELBOURNE, Australia, Nov. 26, 2024 /PRNewswire/ -- LIFTWOMEN®, the global platform empowering female entrepreneurs, is thrilled to announce the return of its LiftHER Female Founders Grant Challenge, supported once again by As...

TRACCOM INC. (Pink Open Market Symbol: TRCC) COMPLETES ACQUISITION OF VULCAIN, INC.

2024-11-26 02:00 2719

SANTA BARBARA, Calif., Nov. 25, 2024 /PRNewswire/ -- Traccom Inc. (Pink Open Market Symbol: TRCC) is pleased to announce that onNovember 13, 2024, it acquired all of the capital stock of Vulcain, Inc. ("Vulcain"). As a result of the acquisition, Vulcain has become a wholly owned and main operatin...

FutureCeuticals, Inc. and Global Calcium Pvt., Ltd. Announce Strategic Partnership

2024-11-25 23:00 3024

MOMENCE, Ill., Nov. 25, 2024 /PRNewswire/ -- FutureCeuticals, Inc. and Global Calcium Pvt., Ltd. announced today a strategic global sales and manufacturing partnership to expand FutureCeuticals' portfolio of clinically proven dietary supplement ingredients into high-growth markets inIndia, Southe...

TOYO Co., Ltd to Acquire Solar Module Manufacturing Facility in Texas

2024-11-25 21:00 2638

* Move to accelerate TOYO's plans for "made-in-America" modules with 2.5 gigawatts initial capacity HOUSTON and TOKYO, Nov. 25, 2024 /PRNewswire/ -- TOYO Co., Ltd (Nasdaq: TOYO) ("TOYO" or the "Company"), a solar solution company, today announced it has agreed to a...

UNESCO and Relais & Châteaux Announce a Partnership for Sustainable Development in Harmony with All Life on Earth

2024-11-25 15:00 2580

PARIS, Nov. 25, 2024 /PRNewswire/ -- UNESCO and the Relais & Châteaux Association announce having signed a partnership agreement to develop and implement joint projects supporting the sustainable conservation and use of biological diversity through the world's hospitality and culinary traditions ...

Special Envoy of Indonesia, Hashim Djojohadikusumo Attracts EUR 1.2 Billion of Green Financing in Electricity Sector at COP29

2024-11-25 13:24 3580

BAKU, Azerbaijan, Nov. 25, 2024 /PRNewswire/ -- The Government of Indonesia, represented by the Special Envoy of the President of the Republic of Indonesia, Hashim Djojohadikusumo, has attractedEUR 1.2 billion in green financing for the power sector from Kreditanstalt für Wiederaufbau (KfW). This...

Lion Global Investors collaborates with China Merchants Fund Management to launch world's first SGD-traded Emerging Asia ETF

2024-11-25 10:00 3672

The Lion-China Merchants Emerging Asia Select Index ETF is part of the Singapore Exchange-Shanghai Stock Exchange (SGX-SSE) ETF Product Link and aims to track the 50 largest and most tradable companies domiciled in Emerging Asia and listed in Emerging Asia countries or the US Exchanges, providing...

MediSun Energy Raises $8.75M Seed Round with Vynn Capital to Drive MENA Expansion and Advance Osmotic Energy Innovation

2024-11-25 10:00 4831

SINGAPORE, Nov. 25, 2024 /PRNewswire/ -- MediSun Energy, a company specializing in advanced osmotic (blue) energy technology, has successfully securedUS$8.75 million in Seed financing round and established a strategic partnership with Southeast Asian venture capital firm Vynn Capital. The funding...

Xinhua Silk Road: Guotai Junan Securities, Haitong Securities issue joint circular, disclosing merger details

2024-11-25 09:23 2192

BEIJING, Nov. 25, 2024 /PRNewswire/ -- Guotai Junan Securities Co., Ltd. and Haitong Securities Co., Ltd. on Thursday issued a joint circular at the Hong Kong Exchanges and Clearing Limited and a draft report on merger and restructuring at the Shanghai Stock Exchange, disclosing further details a...

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