Investment & Financing

Chinese Home Appliance Brand KONKA Continuing Cooperation to Explore New Opportunities for Global Development

2019-08-23 13:00 2443

SHENZHEN, China, Aug. 23, 2019 /PRNewswire/ -- On the afternoon of August 1, HOHO, an Egyptian electrical appliance company, and KONKA, a leading Chinese home appliance company, established cooperative relationship at Four Seasons Hotel,Cairo, in a bid to establish a joint venture company to expa...

Chinese High-end Space Operator Bee+ Completes its Series B Financing

2019-08-23 11:29 1885

SHENZHEN, China, Aug. 23, 2019 /PRNewswire/ -- Recently, Chinese high-end space operator Bee+ completed the Series B financing. The consecutive amount of financing exceedsRMB 200 million. The investors included Ocean Link and Zhuhai Da Heng Qin Co. Ltd. In the past 3 years, Bee+ has been highly r...

HKBN Announces Proposed Acquisition of JOS

2019-08-23 10:07 7145

HONG KONG, Aug. 23, 2019 /PRNewswire/ -- HKBN Ltd. ("HKBN" or the "Group"; SEHK stock code: 1310) today announced that it has entered into a Share Purchase Agreement with JTH (BVI) Limited ("JTH"), pursuant to which HKBN, through its wholly owned subsidiary, has agreed to purchase JTH's entire eq...

/C O R R E C T I O N -- EW Healthcare Partners/

2019-08-23 07:07 1774

In the news release, EW Healthcare Partners Raises Over $745 Million Fund 2a, issued23-Aug-2019 by EW Healthcare Partners over PR Newswire, we are advised by the company that the headline and first paragraph should read "Fund 2" rather than "Fund 2a" as originally issued inadvertently. The comple...

Memtech International completes delisting from the Singapore Stock Exchange and becomes a privately held company with USI holding an indirect stake of 42.23%

2019-08-23 01:00 1555

SHANGHAI, Aug. 23, 2019 /PRNewswire/ -- USI (SSE: 601231), a global electronics design and manufacturer leader, today announced that it has successfully completed the tender offer for Memtech International Ltd. (hereinafter referred to as "Memtech"), a company listed on the Singapore Stock Exchan...

Yum China Agrees to Acquire a Controlling Interest in Huang Ji Huang, Expanding its Chinese Dining Business

2019-08-22 18:35 6618

SHANGHAI, Aug. 22, 2019 /PRNewswire/ -- Yum China Holdings, Inc. ("Yum China") (NYSE: YUMC) today announced that it has entered into a definitive agreement to acquire a controlling interest in the Huang Ji Huang group, a leading Chinese-style casual dining franchise business. Subject to the satis...

PE and M&A Are the Key to Strengthening the Indonesian Economy as Companies Seek Out Growth in the Country

2019-08-22 13:00 1615

JAKARTA, Indonesia, Aug. 22, 2019 /PRNewswire/ -- Indonesia remains a key destination for Private Equity investment inSouth East Asia and an area of potential growth for M&A, according to findings presented by Bain & Company in Jakarta today, with significant interest in Indonesia-focused assets a...

The CareVoice Closes Eight Figure USD Series A Funding Round

2019-08-22 12:48 1194

SHANGHAI, Aug. 22, 2019 /PRNewswire/ -- The CareVoice, an international health insurtech company based inChina, announced today that it has successfully raised an eight-figure USD Series A funding round. The round was led by a global investment group, LUN Partners Group, and a global investment m...

Longevity Acquisition Corporation To Extend Period to Consummate Acquisition

2019-08-22 04:15 6655

SHANGHAI, Aug. 21, 2019 /PRNewswire/ -- Longevity Acquisition Corporation (the "Company" or "Longevity") (NASDAQ: "LOACU") today announced that the Company's sponsor, Whale Management Corporation (the "Sponsor"), has notified the Company that the Sponsor has deposited into the Company's trust acc...

Biotech Conagen Acquires Production Platform of Therapeutic Proteins

2019-08-22 01:39 1414

The technology should reduce costs to patients and accelerate drug development   BEDFORD, Massachusetts, Aug. 22, 2019 /PRNewswire/ -- Conagen, a vertically integrated synthetic biology company located inBoston's biotech corridor, announced today that it has acquired a fermentation-based technolo...

Experian A/NZ acquires Australian fintech Look Who's Charging to bolster open data offering

2019-08-21 16:19 1324

SYDNEY, Aug. 21, 2019 /PRNewswire/ -- Experian Australia & New Zealand today announces its acquisition of Look Who's Charging , the Australian fintech startup which has solved the everyday frustrating problem of unrecognised bank tr...

Vulcan Capital Expands into Asia; Opens Singapore Office

2019-08-21 07:00 1533

Investment returns generated by Vulcan Capital go towards Vulcan's philanthropic efforts in the region and around the world SINGAPORE, Aug. 21, 2019 /PRNewswire/ -- Today, Vulcan Capital, the multi-billion-dollar investment arm of the late Microsoft co-founder and philanthropistPaul G. Allen, op...

UPDATE: Venture Global Announces Final Investment Decision and Financial Close for Calcasieu Pass LNG

2019-08-21 01:53 1603

ARLINGTON, Virginia, Aug. 21, 2019 /PRNewswire/ -- Venture Global LNG, Inc. is proud to announce the final investment decision (FID) and closing of the project financing for the company's Calcasieu Pass LNG facility and associated TransCameron pipeline inCameron Parish, Louisiana. The proceeds of...

Purchase of GigaMedia Shares by CEO Cheng-Ming Huang

2019-08-20 21:00 7142

TAIPEI, , Aug. 20, 2019 /PRNewswire/ -- GigaMedia Limited (NASDAQ: GIGM) today announced that its Chief Executive Officer, Cheng-Ming Huang a.k.a. James Huang, has purchased a total of 69,742 shares of GigaMedia stock by Pacific Star Universal Group Ltd. at an average price of$2.3523 on August 15...

Sodexo Ventures announces a strategic investment in Meican

2019-08-20 18:25 1270

PARIS and BEIJING, Aug. 20, 2019 /PRNewswire/ -- Sodexo, world leader in Quality of Life services, announces its strategic venture capital vehicle, Sodexo Ventures, has invested in Meican, a Chinese technology company focused on digital food solutions in the corporate environment. The investment ...

Nexteer and Dongfeng Components Joint Venture Begins Steering Systems Production

2019-08-20 18:10 1528

AUBURN HILLS, Mich., Aug. 20, 2019 /PRNewswire/ -- Nexteer Automotive, a global leader in intuitive motion control, announced the Dongfeng Nexteer Steering Systems (Wuhan) Co., Ltd., joint venture (JV) with Dongfeng Motor Parts and Components Group Co., Ltd. (Dongfeng Components), starts mass pro...

AnyMind Group and SUNNY SIDE UP set up joint venture, AnyUp

2019-08-20 09:00 1855

SINGAPORE, Aug. 20, 2019 /PRNewswire/ -- AnyMind Group , a technology company that provides software for the advertising, influencer marketing and human resource industries, has today announced the establishment of a joint venture between AnyMind Group and SUNNY SIDE U...

Venture Global Announces Financial Close for Calcasieu Pass LNG

2019-08-20 01:28 1543

ARLINGTON, Va., Aug. 20, 2019 /PRNewswire/ -- Venture Global LNG, Inc. is proud to announce the closing of the project financing for the company's Calcasieu Pass LNG facility and associated TransCameron pipeline inCameron Parish, Louisiana. The proceeds of the debt and equity financing fully fund...

Emirates NBD Enhances Data-driven Decision Making as First Global Bank to Leverage SAP Financial Services Data Platform

2019-08-19 17:05 1420

DUBAI, UAE, Aug. 19, 2019 /PRNewswire/ -- Emirates NBD, a leading bank in the Middle East, has partnered with SAP, a market leader in enterprise software, to become the first bank globally to implement SAP Financial Services Data Platform. It is powered by SAP in-memory data platform, SAP HANA an...

Southeast Asia startup RedDoorz raises US$115M

2019-08-19 12:46 1531

* RedDoorz announced a fresh investment of US$70M. The funding comes in quick succession after itsUS$45M round due to high investor demand. * This new investment is the first close of a larger Series-C round and is led by Asia Partners with participation from new investors Rakuten Capital and ...

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