Investment & Financing

ExxonMobil to Acquire InterOil in Transaction Worth More Than $2.5 Billion

2016-07-22 00:10 2053

IRVING, Texas, SINGAPORE and PORT MORESBY, Papua New Guinea, July 21, 2016 /PRNewswire/ -- -- ExxonMobil to pay $45 per share plus additional cash payment based on Elk-Antelope resource size -- Boards of directors of both companies unanimously approve terms of agreement -- Acquisition...

Ocean Tomo Serves as Transaction Advisor to BASF SE on OLED Intellectual Property Assets Sale

2016-07-21 22:00 2649

CHICAGO, July 21, 2016 /PRNewswire/ -- Ocean Tomo LLC, the intellectual capital merchant banc™ firm announced today thatOcean Tomo Transactions represented the German chemical company BASF SE in the sale of over 500 issued and pending...

China Zenix Auto Signs Strategic Partnership with Beijing Research Institute of Mechanical & Electrical Technology

2016-07-21 18:00 2116

ZHANGZHOU, China, July 21, 2016 /PRNewswire/ -- China Zenix Auto International Limited (NYSE: ZX) ("Zenix Auto" or "the Company"), the largest commercial vehicle wheel manufacturer in China in both the aftermarket and OEM market by sales volume, today announced it has entered into a formal strategic...

WisdomTree and ICBC Credit Suisse Enter Global Product Partnership on S&P China 500 Index

2016-07-21 16:30 2584

NEW YORK and HONG KONG, July 21, 2016 /PRNewswire/ -- WisdomTree Investments, Inc. (NASDAQ: WETF), an exchange-traded fund ("ETF") and exchange-traded product ("ETP") sponsor and ICBC Credit Suisse Asset Management (International) Company Limited ("ICBCCS"), today announced a global product partn...

Range International to List on ASX Following Successful IPO

2016-07-21 12:47 2406

SYDNEY, July 21, 2016 /PRNewswire/ -- Recycled plastic pallet manufacturer Range International (ASX: RAN) will list on the Australian Securities Exchange onFriday July 22, following a successful IPO. Range International produces Re>PalTM pallets, an affordable durable and sustainable product mad...

Internet Plus Holdings to Form Strategic Cooperation with China Resources

2016-07-21 11:51 1984

BEIJING, July 21, 2016 /PRNewswire/ -- Internet Plus Holdings Ltd. ("Meituan-Dianping" or "the Company"), China's leading service e-commerce platform, announced that it has received an investment from CRE Alliance Fund I, a fund sponsored by China Resources Group, and formed a strategic cooperation ...

IMAX China Reports Interim 2016 Financial Results

2016-07-21 07:15 3149

GREATER CHINA HIGHLIGHTS * Revenue increased 25% from the prior-year period to $55.1 million, primarily attributed to increased installation activity and network growth * Robust signings of 79 new theatres in the first-half of 2016, up 339% from 18 theatre signings in the comparable period la...

Qualcomm Earnings Release Available on Company's Investor Relations Website

2016-07-21 04:27 1744

SAN DIEGO, July 21, 2016 /PRNewswire/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced the Company's financial results for its third quarter endedJune 26, 2016 through an earnings release that is available on the Qualcomm Investor Relations website at

Pingtan Marine Enterprise Declares Quarterly Cash Dividend of $0.01 per Share

2016-07-21 04:05 2300

FUZHOU, China, July 20, 2016 /PRNewswire/ -- Pingtan Marine Enterprise Ltd. (Nasdaq: PME), ("Pingtan," or the "Company") a global fishing company based in the People's Republic of China (PRC), today announced that the Company has declared a cash dividend of $0.01 per share of common stock outstandin...

YOU On Demand Closes Strategic Investment from Seven Stars Works for $4 million USD

2016-07-20 21:14 2386

NEW YORK, July 20, 2016 /PRNewswire/ -- YOU On Demand Holdings, Inc. (NASDAQ: YOD) ("YOU On Demand" or "YOD" or the "Company"), a premium content Video On Demand service provider inChina evolving into a global, mobile-driven, consumer management platform for both enterprises and consumers, announ...

Myanmar Signs Deal to Explore Deploying Space-Based ADS-B

2016-07-19 10:30 1976

MCLEAN, Virginia, July 19, 2016 /PRNewswire/ -- Aireon LLC announced today that it has signed a Memorandum of Agreement (MOA) with the Department of Civil Aviation (DCA) inMyanmar. DCA will collaborate with Aireon to develop a concept of operations and benefits analysis for the deployment of Aire...

COMAC Gets Largest Commercial Order from CALC

2016-07-12 15:55 7389

HONG KONG, July 12, 2016 /PRNewswire/ -- Commercial Aircraft Corporation of China, Limited ("COMAC"), Friedmann Pacific Asset Management Limited ("FPAM") and China Aircraft Leasing Limited ("CALC"), entered into a tripartite cooperative framework agreement in relation to acquisition of ARJ21 Airc...

ICONSIAM Spearheads Collaboration Between Government to Showcase the Artistic, Cultural and Historical Heritage of Thailand at 'ICONSIAM Heritage Museum'

2016-07-01 17:39 2402

BANGKOK, July 1, 2016 /PRNewswire/ -- Mrs. Chadatip Chutrakul, a director of ICONSIAM Co., Ltd., the owner of the Bht 54-billion city of the future and iconic landmark ofThailand's prosperity by the Chao Phraya River, signed a MOU to mark the auspicious partnership with The Fine Arts Department -...

Global Edge Investments See Thailand Real Estate Demand Soaring

2016-06-21 21:00 1418

KOH SAMUI, Thailand, June 21, 2016 /PRNewswire/ -- Global Edge Investment announces the company is launching the 5 star Bayside Beachfront villas in Koh Samui, Thailand. The project is located frontline at the exclusive and serene Samrong Bay. Bayside Beachfront is a unique collection of 34 modern c...

Dream Hotel Group Signs Doha, Qatar Location and Announces Expansion Plans with Six Hotels in New Destinations

2016-06-16 08:07 2565

NEW YORK, June 16, 2016 /PRNewswire/ -- Renowned hotel brand and management companyDream Hotel Group LLC signed its first hotel in theMiddle East with Qatar-based Al Alfia Holding to develop a Dream Hotel inDoha, the state capital. To cap off a letter...

Ctrip Reports Unaudited First Quarter of 2016 Financial Results

2016-06-16 06:00 1380

SHANGHAI, June 15, 2016 /PRNewswire/ -- International, Ltd. (Nasdaq: CTRP), a leading travel service provider of accommodation reservation, transportation ticketing, packaged tours and corporate travel management in China ("Ctrip" or the "Company"), today announced its unaudited financial ...

Growth Opportunities and Challenges Arising from Digital Transformation in the Airline and Airport Environment

2016-06-15 02:27 2075

LONDON, June 15, 2016 /PRNewswire/ -- WHEN: Wednesday, 15 June 2016 TIME: 16:00 BST LOCATION: Online, with complimentary registration PRESENTER: Diogenis Papiomytis, Director of Aerospace and Defence at Frost & Sullivan Digital technologies are transforming the way airlines and airports d...

HNA Hospitality Group Declares "Not Participated In The Acquisition Of AccorHotels Group"

2016-06-11 11:51 2230

BEIJING, June 11, 2016 /PRNewswire/ -- In response to the recent groundless reports, claiming that "AccorHotels attempts to join forces with HNA to counter Jin Jiang Hotels", HNA International Hotels & Resorts Management Co., Ltd. ("HNA Hospitality Group") issued the following statement: As of n...

Press Statement: Mike Poon gets rectification from French media on untrue report

2016-06-09 03:18 2760

HONG KONG, June 9, 2016 /PRNewswire/ -- CASIL Europe is aware of a recent news article in a French media discussing the Chinese investments in French transport and tourism industries. The article accused that Mr.Mike Poon made investment promise concerning Toulouse-Blagnac Airport. The concerned...

Luxury Vacation Rental Platform SenseLuxury Completes B Round

2016-06-01 23:22 1383

SHANGHAI, June 1, 2016 /PRNewswire/ -- Luxury villa and apartment rental platform SenseLuxury confirmed that the company had completed its series B-round fund raising from GoHigh Fund. The team at GoHigh has previously invested in 7 days Inn, Red Star Macalline and Mofang Apartment. Investment & Financing

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