DUBAI: Al Ramz Corporation Investment and Development (Al Ramz) reported net profit of AED 12.6 million for the second quarter of 2019 ended June 30, 2019 compared to net profit of AED 12.2 million for corresponding period of 2018 representing…
SINGAPORE: Singapore Exchange (SGX) reported FY2019 net profit of S$391.1 million up 8%, its highest net profit in 11 years. Revenues were also the highest since listing at S$909.8 million. Operating profit increased to S$461.0 million from S$424.9 million same…
LONDON: Ricardo plc, a global engineering, technical, strategic and environmental consultancy business, announced that further to the statement on 1st July 2019, it has completed the acquisition of the entire share capital of PLC Consulting Pty Ltd for a total…
LONDON: Harwood Wealth Management Group, a leading UK based financial planning and discretionary wealth management business, has exchanged contracts to purchase Goldwyns Wealth Management Limited, based in Southend on Sea, and the trade and assets of Andrew Routley Pension Limited,…
LONDON: Liontrust Asset Management Plc, the specialist independent fund management group, has entered into a conditional share purchase agreement with the significant shareholders of Neptune Investment Management Limited to purchase the entire issued share capital of Neptune Investment Management Limited…
LONDON: Amigo Holdings PLC, the leading provider of guarantor loans in the UK, confirms Hamish Paton has been appointed as CEO and executive director of the Company with immediate effect, following FCA authorisation. Following the above change the total number…
TOKYO, JAPAN: Rakuten Card Co., a wholly owned subsidiary of Rakuten Inc. has resolved to establish a company titled Rakuten Bank America to commence a banking operation in the United States, with an investment of USD 400 million. Rakuten Bank…
MUMBAI, INDIA: Cairn India Holdings Limited (CIHL), an overseas subsidiary of Vedanta Limited, and Volcan Investments Limited have agreed to unwind entirely the structured investment entered between them in December 2018 ahead of the originally envisaged schedule. With this, Volcan…
SINGAPORE: SoftBank Group Corp. (SBG) has planned establishment of “SoftBank Vision Fund 2”, a new private investment fund. The objective of the Fund is to facilitate the continued acceleration of the Artificial Intelligence (AI) revolution through investment in market-leading, tech-enabled…
MUMBAI, INDIA: BSE, India’s premier exchange, has signed a Memorandum of Understanding (MoU) with Shanghai Stock Exchange to facilitate the development of channels of communication and to foster a continuing relationship between the parties for the benefit of financial services…
TOKYO: SPARX Group Co., Ltd. announced that its Mirai Creation Fund-II has invested in VISITS Technologies, a supporter of innovation generation primarily through its patented technology, which it calls “Consensus Intelligence technology” (CI technology), an algorithm for achieving consensus. With…