Investment & Financing
Haier Smart Home Acquires Carrier's Commercial Refrigeration Business for USD 640 million
QINGDAO, China, Dec. 13, 2023 /PRNewswire/ -- Haier Smart Home entered into a stock purchase agreement with Carrier Global Corporation (NYSE: CARR) to acquire Carrier's Commercial Refrigeration Business ("Carrier Commercial Refrigeration") through acquiring 100% of the equity interest in Carolin ...
Molecular Loop Biosciences Receives $1.8 Million to Expand Multi-pathogen Genomics Products for Respiratory Infections
WOBURN, Mass., Dec. 13, 2023 /PRNewswire/ -- Molecular Loop Biosciences, Inc., an innovator at the forefront of targeted sequencing technologies, is pleased to announce that it has received a$1.8 million grant from the Bill & Melinda Gates Foundation to further its groundbreaking work in the fiel...
NetDragon Announces Completion of Merger for Spinoff Listing of Overseas Education Business
HONG KONG, Dec. 13, 2023 /PRNewswire/ -- NetDragon Websoft Holdings Limited ("NetDragon" or the "Company"; Hong Kong Stock Code: 777), a global leader in building internet communities, has today announced the successful completion of the merger transaction, by which NetDragon has merged its core ...
Leading private equity firm SKS Capital invests in etaily in the Philippines
The investment will accelerate the expansion of the e-commerce service provider inSoutheast Asia TAIPEI, Dec. 13, 2023 /PRNewswire/ -- Leading venture capital and private equity firm, SKS Capital, is announcing its strategic investment in etaily,the Philippines' leading end-to-end omni-channel e...
Aramco to acquire a 40% stake in Gas & Oil Pakistan
DHAHRAN, Saudi Arabia, Dec. 13, 2023 /PRNewswire/ -- Aramco
Gravitas Education Holdings, Inc. Announces Expected Timing for the Effective Time of the Merger
BEIJING, Dec. 12, 2023 /PRNewswire/ -- Gravitas Education Holdings, Inc. (the "Company") (NYSE: GEHI) announced that the effective time of the merger between Bright Sunlight Limited, aCayman Islands exempted company and a direct, wholly owned subsidiary of the Company (the "Merger Sub") and Elmtr...
Statement from the Independent Bid Committee of Concordia Maritime regarding the public offer from Stena Sessan
GOTHENBURG, Sweden, Dec. 12, 2023 /PRNewswire/ -- This statement is made by the Independent Bid Committee (the "Committee") of Concordia Maritime AB (publ) (the "Company" or "Concordia Maritime") pursuant to section II.19 of Nasdaq Stockholm's Takeover rules (the "Takeover rules"). The Committee ...
High-tech investments in Southeast Asia's emerging markets: Exyte and JGC Corporation sign strategic collaboration agreement
* Exyte and JGC enter strategic collaboration agreement for high-tech projects in SEA * Joint business development and execution of Engineering, Procurement, and Construction (EPC) projects in Indonesia, Philippines, Vietnam and Thailand * Exyte takes next step in its "follow the client stra...
Tenity Global Market Expansion Program Opens Doors to SEA Growth for Korean Startups
SINGAPORE, Dec. 12, 2023 /PRNewswire/ -- Tenity
CJ 4DPLEX and Tokyu Recreation Co. Expand Joint Venture With Five Additional ScreenX Auditoriums
Deal Will Bring First-Ever 270-Degree Panoramic ScreenX Auditorium to Tōhoku Region, Set To OpenDecember 15 following CineAsia HOLLYWOOD, Calif., Dec. 12, 2023 /PRNewswire/ -- At CineAsia, CJ 4DPLEX, the world's leading producer of premium film formats and cinema technologies, and Tokyu Recreati...
Hollysys to be Acquired by Ascendent Capital Partners for US$26.50 in Cash Per Share
* Hollysys Board has unanimously approved Ascendent's all cash offer at 42% premium to the unaffected price as of23 August 2023 * Agreement marks culmination of formal sale process conducted by Special Committee of independent directors BEIJING, Dec. 11, 2023 /PRNewswire/ -- Hollysys Automati...
Keppel partners AM Green to explore biogenic carbon-based sustainable fuels opportunities in Asia and the Middle East
SINGAPORE and DUBAI, UAE, Dec. 11, 2023 /PRNewswire/ -- Keppel Corporation Limited (Keppel), through its Infrastructure Division, and AM Green, which is wholly owned and controlled by the founders ofHyderabad-based Greenko Group, have signed a Memorandum of Understanding (MOU) to jointly explore ...
China Literature to Acquire Tencent Animation and Comics
HONG KONG, Dec. 11, 2023 /PRNewswire/ -- China Literature Limited ("China Literature" or "the Company", stock code: 0772), a leading online literature and intellectual property ("IP") incubation platform inChina, today announced that it has entered into an Asset Transfer Agreement withTencent Hol...
Industry rallies behind local startup; Andisor Secures $1M in pre seed funding to digitise wholesaling
MELBOURNE, Australia, Dec. 11, 2023 /PRNewswire/ -- Andisor, a pioneering digital wholesale platform, has announced the close of a$1M pre-seed funding round, backed by industry heavyweights. This significant investment marks a new era for brick-and-mortar retailers, empowering them to compete and...
Leading Australian Fire Safety Engineering and Testing Consultancy Warringtonfire Australia Joins Jensen Hughes
The acquisition expands the company's growing presence in Australia and helps position it exceptionally well for future expansion across the region. BALTIMORE, Dec. 8, 2023 /PRNewswire/ -- Today Jensen Hughes, the global leader in engineering, consulting and technology that make the world safe...
CSRC and SSE receive APAC's largest real asset manager ESR Group's application of its public warehousing logistics REIT
New C-REIT focuses on "best-in-class" logistics facilities Backed by APAC's largest real asset manager, ESR Group's leading New Economy platform has approximatelyUS$69 billion of New Economy AUM and APAC's largest New Economy development workbook ofUS$13 billion Flagship C-REIT for ESR Group th...
Kindred Ventures- SK Networks-SoftBank Ventures Asia Present Global AI Forum in Seoul, South Korea.
* 'AI WAVE 2023': Shaping the Future of Industries with AI, Offering a Platform for Investment Insights * Steve Jang and Kanyi Maqubela, Kindred Ventures' Managing Partners, Led the Discussions with the Leading AI Startups from Silicon Valley and Held Fireside Chats with SK Networks and SoftB...
Masdar Advances 10GW Africa Growth Plan to Unlock Energy Transition in Six Sub-Saharan Nations
* Projects span Angola, Uganda, the Republic of Congo, Kenya, Mozambique and Zambia * Marks advancement of Masdar 10 gigawatt (GW) growth plan to unlock Africa clean energy potential DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Abu Dhabi Future Energy Company PJSC – Masdar advances 10GW growth pl...
SELECT GROUP ACQUIRES ICONIC PENTOMINIUM DEVELOPMENT, POISED TO BE THE TALLEST RESIDENTIAL TOWER IN THE WORLD
DUBAI, UAE, Dec. 7, 2023 /PRNewswire/ -- Select Group, a renowned real estate developer headquartered inDubai, United Arab Emirates, is proud to announce a historic milestone in luxury high-rise development. The firm has triumphantly acquired the stalled development in Dubai Marina, formerly know...
Research consortium of Altair, JLR, and Danecca awarded funding through the Faraday Battery Challenge to create a new design process for electric vehicles
Altair to provide simulation and data analytics tools, and expertise to expedite breakthrough results TROY, Mich., Dec. 7, 2023 /PRNewswire/ -- Altair (Nasdaq: ALTR), a global leader in computational science and artificial intelligence (AI), announced together withJLR and battery manufacturer Da...
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