Investment & Financing
Tottenham Acquisition I Limited Announces that Common Stock, Warrants and Rights to Commence Separate Trading on or about August 27, 2018
NEW YORK, Aug. 23, 2018 /PRNewswire/ -- Tottenham Acquisition I Limited (NASDAQ: TOTAU, "the Company"), a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more busines...
Visa Makes Strategic Investment in Paidy
The companies will collaborate to make online and in-store shopping easier for Japanese consumers TOKYO, Aug. 23, 2018 /PRNewswire/ -- Today, Visa (NYSE: V) announced an investment in Paidy's 'Series C' funding. Paidy isJapan's first instantly issued post-pay credit service for ecommerce consum...
Blackfish Technology Completed A+ Round Financing at $50 Million
SHANGHAI, Aug. 22, 2018 /PRNewswire/ -- Recently, Blackfish Technology, a leading membership-based consumer service platform inChina, announced the completion of A+ round financing at$50 million. New investors engaged in this round of financing are: Lightspeed Venture Partners, Rakuten Ventures, ...
Recon Enters into Definitive Agreement to Increase Ownership of Future Gas Station to 43%
BEIJING, Aug. 22, 2018 /PRNewswire/ -- Recon Technology, Ltd. (NASDAQ: RCON) ("Recon" or the "Company"), aChina-based independent solutions integrator in the oilfield service, electric power and coal chemical industries, today announced that the Company, through its affiliates Beijing BHD Petrole...
Kingtone Wirelessinfo Solution Holding Ltd Announces Closing of Asset Exchange Agreement and Name Change to Luokung Technology Corp.
BEIJING, Aug. 22, 2018 /PRNewswire/ -- Luokung Technology Corp. (formerly known Kingtone Wirelessinfo Solution Holding Ltd, Nasdaq: KONE) (the "Company"),a company incorporated inBritish Virgin Islands ("BVI"), today announced that it has completed the transactions contemplated by the Asset Excha...
Hung Hing Printing Group acquires interests in global Swedish design brand kikki.K
HONG KONG, Aug. 22, 2018 /PRNewswire/ -- Hung Hing Printing Group Limited (HKSE: 450), one of the largest print and packaging companies inAsia, announced today that the company has entered into a strategic partnership agreement with global retailer of luxury products of Swedish design, kikki.K, t...
I-ON Communications Corp. Announces $600,000 Debt Financing and Equity Purchase Agreement of up to $10 million
SEOUL, South Korea, Aug. 22, 2018 /PRNewswire/ -- I-ON Communications Corp.
("I-ON" or the "Company") (OTCQB: IONI), www.i-on.net
China Biologic Announces Receipt of Competing Non-Binding Acquisition Proposal
BEIJING, Aug. 21, 2018 /PRNewswire/ -- China Biologic Products Holdings, Inc. (NASDAQ: CBPO) ("China Biologic" or the "Company"), a leading fully integrated plasma-based biopharmaceutical company inChina, today announced that its board of directors (the "Board") has received an unsolicited, preli...
VTech Completes Acquisition of Pioneer Corporation's Manufacturing Facility in Malaysia
HONG KONG, Aug. 21, 2018 /PRNewswire/ -- VTech Holdings Limited (HKSE: 303) announced today it has completed its acquisition of a manufacturing facility in Malaysia owned by Pioneer Technology (Malaysia) Sdn. Bhd., a subsidiary of Pioneer Corporation. The acquisition of the manufacturing facili...
GLP Closes US$4.0 Billion of European Funds -- New Global Investors Added
* Fund investors in GLP EIP I and GLP EDP I comprise global sovereign wealth funds, pension plans, property and insurance companies; GLP is the manager and retains a 13% stake across both funds * GLP welcomes several new investors to its fund management platform including Korea Fire Officials...
The Ocean Link Consortium Secures Blocking Vote in eHi Car Services Take-private Transaction
33.2% voting power held by the Ocean Link Consortium in eHi is no longer in dispute SHANGHAI, Aug. 21, 2018 /PRNewswire/ -- The consortium formed between Ocean Imagination L.P. ("Ocean Link") and Ctrip Investment Holdings Ltd. ("Ctrip", together with "Ocean Link", the "Ocean Link Consortium"), t...
Terex Inks Agreement on Phase III Capital Expansion Project with Changzhou National Hi-Tech District
CHANGZHOU, China, Aug. 21, 2018 /PRNewswire/ -- On August 8, Changzhou National Hi-Tech District formally inked an agreement on an increase in capital for the Phase III project withTerex (China). The project with a total investment of $100 million focuses on manufacturing aerial work platforms an...
Thailand's B.Grimm Power speeds up expansion with Vietnam solar projects
BANGKOK, Aug. 21, 2018 /PRNewswire/ -- Thailand's B.Grimm Power PCL's recent investments in two solar energy projects inVietnam underline the company's commitment to accelerate its overseas expansion through ventures with local partners and to increase its output in renewable energy. "We will ke...
SAI Global Further Extends Integrated Risk Management Leadership Position with the Acquisition of Strategic BCP ResilienceONE
CHICAGO, Aug. 20, 2018 /PRNewswire/ -- SAI Global, a leading provider of Integrated Risk Management solutions, today announced that it has deepened its commitment to IRM with the recent acquisition of Strategic BCP ResilienceONE. In today's environment, faced with increasing risks emerging from ...
USI Marks another Milestone in Global Expansion with Merger and Acquisition of Production Base in Eastern Europe
SHANGHAI, Aug. 20, 2018 /PRNewswire/ -- USI (601231.SH) has announced that its whole-owned sub-subsidiary Universal Global Electronics Co., Limited entered into Equity Transfer Agreement with Chung Hong Electronics (Suzhou) Co., Ltd., intending to acquire its entire 60% stake in its Polish subsid...
TCL Electronics Partners with Sunshine 100 to Develop the Leading Shared Smart Apartment
Business Diversification Further Enhanced Smart Home Turned into Reality HONG KONG, Aug. 17, 2018 /PRNewswire/ -- TCL Electronics Holdings Limited (" TCL Electronics" or "the Company"; 01070.HK) announced today its across-the-board strategic cooperation and planning of establishment of a joint ve...
Shanghai ChemPartner Announces Merger Deal Closure with Quantum
SHANGHAI, Aug. 16, 2018 /PRNewswire/ -- Shanghai ChemPartner, a leading life science organization providing high-quality and cost-effective drug discovery and development services, announced the closure of the merger deal with Quantum Hi-Tech China Biological. Quantum, in a press release <...
Ping An Good Doctor's Revenue Rose by 150.3% Year-on-Year in the First Half of 2018
Actively Propel the Strategy of Globalization HONG KONG and SHANGHAI, Aug. 16, 2018 /PRNewswire/ -- China's leading one-stop healthcare ecosystem platform,Ping An Healthcare and Technology Company Limited ("Ping An Good Doctor", the "Company", stock code: 1833.HK), is pleased to announce its 201...
Sendo raises $51 million from SoftBank Ventures Korea and other investors
HO CHI MINH CITY, Vietnam, Aug. 16, 2018 /PRNewswire/ -- Sen Do Technology JSC (Sendo), the #1 Vietnamese C2C marketplace, today announced that it has secured an investment ofUSD 51 million led by the SBI Group from Japan for Series B round, having SoftBank Ventures Korea, Daiwa PI Partners, and ...
SoftBank Ventures Korea and others invest $51 million in Vietnam E-commerce site Sendo
HO CHI MINH CITY, Vietnam, Aug. 16, 2018 /PRNewswire/ -- Sen Do Technology JSC (Sendo), the #1 Vietnamese C2C marketplace, today announced that it has secured an investment ofUSD 51 million led by the SBI Group from Japan for Series B round, having SoftBank Ventures Korea, Daiwa PI Partners, and ...
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