Investment & Financing

BRV China-backed Service Robot Company Wissen Technology Completes US$10 Million Pre-A+ Series Financing

2022-07-05 21:00 2792

BEIJING, July 5, 2022 /PRNewswire/ -- Wissen Technology (Shenzhen) Co., Ltd (Wissen Technology), a leading service robot innovator, raised close toUS$10 million in a Pre-A+ Series financing led by BlueRun Ventures China ("BRV China"). The funding will go towards reinforcing Wissen Technology's t...

Winner Medical Acquires 100% Stake in Guilin Latex, Expanding into Medical Latex Market

2022-07-05 21:07 3568

SHENZHEN, China, July 5, 2022 /PRNewswire/ -- Winner Medical Co. Ltd. (300888.SZ; "Winner Medical" and "the Company"), a leading manufacturer of disposable wound care and surgical products, held an inauguration ceremony for Winner (Guilin) Latex Products Co., Ltd in Guilin,Guangxi Province on Jun...

Doo Financial Acquires An Insurance Broker Licensed Entity Regulated By The Hong Kong Insurance Authority

2022-07-05 20:45 4851

HONG KONG, July 5, 2022 /PRNewswire/ -- Doo Group's affiliate, Doo Financial, today announced its acquisition of a Wealth Management Limited company (IA FB1823), now known as Doo Wealth Management HK Limited. It is an insurance broker company listed on the Register of Licensed Insurance Intermedi...

IFS acquires ULTIMO

2022-07-05 20:27 3584

* IFS extends leadership in the EAM software space with ULTIMO's impressive product capabilities and customer base, and expert team. * ULTIMO's SaaS offering differentiated by fast time to value, high levels of flexibility and configurability LINKÖPING, Sweden, July 5, 2022 /PRNewswire/ -- IF...

ASCOTT ACQUIRES OAKWOOD WORLDWIDE TO FAST-TRACK GROWTH TO OVER 150,000 UNITS GLOBALLY

2022-07-05 19:37 4906

Acquisition adds to recurring fee income streams and expands lodging offerings to strengthen Ascott's leading position SINGAPORE, July 5, 2022 /PRNewswire/ -- CapitaLand Investment Limited's (CLI) wholly owned lodging business unit, The Ascott Limited (Ascott) announced it is acquiring Oakwood W...

Saudia Cargo Selects RTS Cargo Suite for Revenue Management (Velocity), Pricing (AcceleRate) and Revenue Planning (Foresight) Solutions

2022-07-05 17:48 2504

JEDDAH, Saudi Arabia, July 5, 2022 /PRNewswire/ -- Saudia Cargo, one of the largest middle eastern airlines, has partnered with Revenue Technology Services (RTS) in the cargo division. The partnership entails the implementation of a Revenue Planning solution, Foresight, pricing solution, Acceler...

ClinChoice Raises $150 mm Series E Round Financing, Further Strengthening its Global Services Capabilities

2022-07-05 09:20 3088

PHILADELPHIA, July 4, 2022 /PRNewswire/ -- Recently, ClinChoice announced the successful completion of its $150 mm Series E round financing. The investment was led by Legend Capital, and co-invested by Taikang Life Insurance, Sherpa Healthcare Partners and existing shareholders, including Lilly A...

STRATEGIC COLLABORATION BETWEEN RIAU CAPITAL GROUP AND JASPER INVESTMENTS LIMITED BEGINS WITH THE FIRST VESSEL FOR DEPLOYMENT TO A PROJECT IN QATAR

2022-07-04 10:06 5348

ENHANCED STRATEGIC INVESTMENT BY RIAU CAPITAL INVESTMENTS PTE. LTD. IS A SHOW OF THEIR COMMITMENT TO THE COLLABORATION * Riau Capital Group secured its first platform supply vessel for deployment  in Qatar in collaboration with a ship chartering & offshore services group operating inQatar. * ...

Henkel closes acquisition of Shiseido's Professional hair business in Asia-Pacific

2022-07-04 09:00 9901

* Henkel becomes a leading player in Asia's hair professional business SINGAPORE, July 4, 2022 /PRNewswire/ -- Henkel has successfully closed the acquisition of the Professional hair business of Shiseido Company, Limited, headquartered inTokyo. The business comprises leading professional hair b...

PRT Signs Strategic Partnership with Seri Wathana Group to Better Serve Thai Customers

2022-07-04 08:05 5765

Drivers around the region will benefit from a joint effort to deliver quality solutions. BUFORD, Ga. and SINGAPORE, July 4, 2022 /PRNewswire/ -- PRT (Performance Ride Technology ), a brand of ADD Industry (Zhejiang) Corporation Limited (SHA: 603089), and one of the wor...

Chubb Life Appoints Jee Eun Cho to Lead LINA, its Newly Acquired Life Insurance Operations of Cigna in Korea

2022-07-04 06:00 4845

* Business to continue to operate as LINA Korea * New logo emphasizes mutual respect and flexibility HONG KONG, July 4, 2022 /PRNewswire/ -- Chubb Life today announced that Jee Eun (Geannie) Cho has been appointed Country President of the company's life insurance operations in Korea that were...

Chubb Life Announces Gail Costa Will Lead Newly Acquired Life Insurance Operations of Cigna in New Zealand

2022-07-04 03:00 4759

HONG KONG, July 4, 2022 /PRNewswire/ -- Chubb Life today announced that Gail Costa will lead the company's life insurance operations inNew Zealand that were recently acquired from Cigna. Ms. Costa, who is currently Chief Executive Officer of Cigna Life New Zealand, will continue to have executive...

With $2M seed funding, Overtune aim to democratize music creation

2022-07-01 20:00 12308

REYKJAVIK, Iceland, July 1, 2022 /PRNewswire/ -- Gabriel Jagger's media company Whynow invests in Overtune joining an already impressive list of investors. Overtune In recent days Overtune closed its $2M seed round having partnere...

GoCardless to acquire open banking platform Nordigen, combining broad open banking connectivity with bank payment expertise

2022-07-01 15:13 4708

GoCardless to offer free access to open banking data LONDON and RIGA, Latvia, July 1, 2022 /PRNewswire/ -- GoCardless , the global leader in direct bank payments, has announced its plans to acquire Nordigen, the freemium open banking data provider, as it builds on ...

Chubb Completes Acquisition of Cigna's Personal Accident, Supplemental Health and Life Insurance Business in Asia-Pacific

2022-07-01 15:02 5913

ZURICH, July 1, 2022 /PRNewswire/ -- Chubb Limited (NYSE: CB) today announced that it has completed its acquisition of the life and non-life insurance companies that house the personal accident, supplemental health and life insurance business of Cigna (NYSE: CI) in sixAsia-Pacific markets. Chubb ...

Mentice AB (STO: MNTC) completes the acquisition of ANKYRAS

2022-07-01 03:42 3509

GOTHENBURG, Sweden, July 1, 2022 /PRNewswire/ -- Mentice AB (STO: MNTC) ("Mentice") Mentice today confirms the acquisition of the Ankyras business from Galgo Medical SL, as previously communicated via the press release on9th June 2022, now has been completed. The information was submitted for re...

CMC REIT Passed the Resolution Approving China Merchant Towers Transaction Resolution

2022-06-30 22:14 5421

Unitholders Agree to Acquire Iconic CBD Property in Beijing HONG KONG, June 30, 2022 /PRNewswire/ -- China Merchants Commercial Real Estate Investment Trust ("CMC REIT" or "the Trust", HKEX stock code:1503) announced that the acquisition and transaction of China Merchants Tower in Beijing and oth...

Onion Global Announces US$10 Million Private Share Repurchase

2022-06-30 18:00 3550

GUANGZHOU, China, June 30, 2022 /PRNewswire/ -- Onion Global Limited (NYSE: OG) ("Onion Global" or the "Company") today announced that to boost shareholders' confidence, it has entered into a private share repurchase agreement with a third party investor (the "Selling Shareholder") on a privately...

Model Performance Acquisition Corp. Announces Contribution to Trust Account to Extend Period to Consummate Business Combination

2022-06-30 16:59 3243

NEW YORK, June 30, 2022 /PRNewswire/ -- Model Performance Acquisition Corp. (NASDAQ: MPAC, the "Company"), a special purpose acquisition company, announced today that it has deposited into the Company's trust account (the "Trust Account") an aggregate of$575,000 (representing $0.10 per Class A or...

Infinity Entertainment Group acquires stake in dragon-i, Cassio and Tazmania Ballroom to form a new strategic alliance in Hong Kong's nightclub industry

2022-06-30 13:42 7779

HONG KONG, June 30, 2022 /PRNewswire/ -- Infinity Entertainment Group Limited (" IEG", or "the Buyer"), an exempted company incorporated in the Cayman Islands with limited liability is the investment holding company for entertainment and F&B businesses of LC Capital Group, which is headquartered i...

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