Investment & Financing

Yum China Completes the Acquisition of Ownership of the Pizza Hut Brand in Mainland China

2026-08-07 17:00 6114

SHANGHAI, Aug. 7, 2026 /PRNewswire/ -- Yum China Holdings, Inc. (the "Company" or "Yum China") (NYSE: YUMC and HKEX: 9987) today announced that it has completed the acquisition of the ownership of the Pizza Hut brand in Mainland China from Yum! Brands, Inc. ("Yum! Brands") (NYSE: YUM) for US$1.2 ...

Longbridge Singapore wins "InvestTech Initiative Award - Singapore" at the Asian Banking & Finance Fintech Awards 2026

2026-08-07 15:31 3587

Recognition underscores Longbridge's pioneering vision as the world's first AI-native broker, setting a new benchmark for investing in the AI era. SINGAPORE, Aug. 7, 2026 /PRNewswire/ -- Longbridge Securities (Singapore) ("Longbridge Singapore"), an AI-powered online brokerage, has been named the...

194 LORIMER PTY LTD ANNOUNCES OFFERING OF AUD 15,070,272 SENIOR SECURED LOAN NOTE OFFER

2026-08-07 14:05 644

MELBOURNE, Australia, Aug. 7, 2026 /PRNewswire/ -- 194 Lorimer Pty Ltd ACN 662 920 121 (the Issuer) is seeking to raise a total of AUD 15,070,272 in funds by the issue of loan notes, according to an announcement today by the underwriter Banner Capital Management Limited (the Arranger/Underwriter)...

Seaspan Becomes First International Ship Owner and Operator to Access China's Panda Bond Market

2026-08-07 06:00 3071

SINGAPORE, Aug. 7, 2026 /PRNewswire/ -- Seaspan Corporation Pte. Ltd. ("Seaspan"), a leading independent maritime asset owner and operator, is pleased to announce the successful issuance of a RMB 1.5 billion Panda Bond in China's domestic bond market. The three-year private placement note was is...

Global Times: SAIC-GM's 20-year renewal highlights China's key role in auto innovation and global growth

2026-08-07 00:14 4141

BEIJING, Aug. 6, 2026 /PRNewswire/ -- Chinese auto giant SAIC Motor and the US automaker General Motors (GM) have signed an agreement to extend their joint venture (JV) partnership by 20 years to 2047. Building on nearly three decades of cooperation, the renewed agreement aims to accelerate SAIC...

AXA XL to acquire S-RM, a global corporate intelligence and cyber security consultancy

2026-08-06 23:41 2243

LONDON, Aug. 6, 2026 /PRNewswire/ -- AXA XL, which currently holds approximately 49% of S-RM, today announced that it has entered into an agreement to acquire the remaining shares of the company. S-RM is a specialist corporate intelligence and cyber security consultancy. Founded in 2005 and supp...

Immune Mediated Disease Therapeutics Developer Attovia Therapeutics Debuts on Nasdaq

2026-08-06 18:46 4421

SHANGHAI, Aug. 6, 2026 /PRNewswire/ -- Attovia Therapeutics, a portfolio company of Qiming Venture Partners and clinical-stage biopharmaceutical leader, successfully listed on the Nasdaq on August 5, 2026 Beijing time. Attovia Therapeutics (Nasdaq: ATTO) issued shares at a price of $17.00 per sha...

Full Ownership of JJ-LAPP: LAPP Group Unifies Southeast Asia Operations

2026-08-06 13:30 5504

LAPP's largest-ever acquisition pairs global engineering with regional agility to drive Southeast Asia's next wave of connectivity. SINGAPORE, Aug. 6, 2026 /PRNewswire/ -- LAPP Group, a global leader in cable and connection technology, has completed its acquisition of JJ-LAPP. With this move, th...

Acrab Raises US$130 Million Series B, Advancing Agentic AI Compute Platform Commercialization

2026-08-06 12:08 2370

SINGAPORE, Aug. 6, 2026 /PRNewswire/ -- Acrab today announced a US$130 million Series B financing round, with continued support from existing leading investors Vertex Ventures SEA & India and Vertex Growth, as well as participation from renowned institutional investors across Europe and Southe...

Quant Hedge Fund Alpha2Fund Announces 100 Million Yuan Proprietary Investment as 25 Hedge Funds Join July Self-Investment Wave

2026-08-06 10:00 3588

BEIJING, Aug. 6, 2026 /PRNewswire/ -- Ningbo Alpha2Fund Investment Management Partnership Enterprise (Limited Partnership) — a well‑known quantitative private fund manager (hereafter referred to as Alpha2Fund) announced on July 19 that based on its confidence in the long-term development of China'...

IIFL Capital partners with Flytxt to leverage Agentic AI for sustainable AUM growth

2026-08-06 10:00 3332

DUBAI, UAE, Aug. 6, 2026 /PRNewswire/ -- Flytxt , a leading provider of Enterprise AI solutions for Marketplace Optimisation, today announced that IIFL Capital Services Limited, a full-service investment and wealth management firm, has adopted its award winning AI to streng...

Live Nation's former Asia Pacific President joins Triangle Group, following a US$15 million capital raise

2026-08-06 09:00 3758

Backed by US$15 million and three decades of industry expertise, Triangle Group is set to scale Asia-Pacific's live touring and festivals infrastructure, with former Live Nation Asia Pacific President Roger Field joining the founders full-time to turbocharge the ...

MONDEVITA ACQUIRES MAJORITY STAKE IN UNDERSCORE DISTRICT, PARENT OF MAGLIANO, IN SECOND STEP OF NEW ITALIAN LUXURY PLATFORM

2026-08-05 20:13 4295

MILAN, Aug. 5, 2026 /PRNewswire/ -- MondeVita acquired a strategic majority position in Underscore District, the Milan based brand accelerator behind Magliano, GR10K and multibrand retailer WOK Store. The deal is the second step in MondeVita's plan to build a new Italian luxury platform, adding b...

UOB advances wealth ambitions with strategic distribution partnership with Allianz Global Investors

2026-08-05 15:13 3210

Strategic partnership expands investment access and enhances UOB's advisory-led wealth proposition for customers across ASEAN SINGAPORE, Aug. 5, 2026 /PRNewswire/ -- UOB Group has entered into an agreement for Allianz Global Investors (AGI) to acquire UOB Asset Management (UOBAM). The acquisitio...

Macnica Invests in Malaysia's Leading Digital Transformation Company, Orangeleaf Consulting, to Expand Digital Transformation Services for Japan's Manufacturing Industry

2026-08-05 09:00 3663

PETALING JAYA, Malaysia, Aug. 5, 2026 /PRNewswire/ -- Orangeleaf Consulting Holdings Co. ("OLC"), a Singapore-registered, Malaysian-founded digital transformation and enterprise software consultancy with operations across Malaysia, Japan and Singapore, today announced a significant new chapter in...

Farmmi, Inc. Proposes to Acquire Brazilian Agricultural Supply Chain Company

2026-08-05 05:00 5030

LISHUI, China, Aug. 4, 2026 /PRNewswire/ -- Farmmi, Inc. ("Farmmi" or the "Company") (Nasdaq: FAMI) today announced that the Company has signed an acquisition framework agreement with the shareholders of FOUR SEASONS HOLDING GROUP BRAZIL LTDA. (the "Target Company") for the purpose of acquiring 1...

TNGlobal Acquires Jumpstart Media, Strengthening Hong Kong's Bridge to Asia's Innovation Ecosystem

2026-08-04 20:00 2977

KUALA LUMPUR, Malaysia and HONG KONG, Aug. 4, 2026 /PRNewswire/ -- TNGlobal (formerly TechNode Global), one of Asia's leading technology and startup media platforms, today announced the acquisition ofJumpstart Media, publisher of Hong Kong's renownedJumpstart Magazine. The acquisition marks a si...

YY Group Acquires 95% Stake in Profitable Singapore-Incorporated Distributor

2026-08-04 19:37 4754

Bolt-on acquisition expected to contribute to Group revenue and net income in the first full quarter following completion SINGAPORE, Aug. 4, 2026 /PRNewswire/ -- YY Group Holding Limited (NASDAQ: YYGH) ("YY Group" or the "Company"), an AI-enabled workforce management platform and integrated faci...

Sharon AI Announces US$373m Five-Year AI Cloud Service Agreement

2026-08-04 19:00 4283

NEW YORK, Aug. 4, 2026 /PRNewswire/ -- Sharon AI Holdings Inc. (NASDAQ: SHAZ) and its subsidiaries ("Sharon AI" or the "Company"), a leading Australian Neocloud,today announced that it has entered into a five-year cloud computing service agreement with a global artificial intelligence ("AI") plat...

SOPHiA GENETICS Enters Collaboration to Develop Companion Diagnostics for Precision Oncology Therapies

2026-08-04 18:15 2704

BOSTON and ROLLE, Switzerland, Aug. 4, 2026 /PRNewswire/ -- SOPHiA GENETICS  (NASDAQ: SOPH) today announced a new global collaboration to develop, validate, and deplo...

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