Pakistan to unveil new shipping policy next week

KARACHI: Pakistan's Economic Coordination Committee (ECC) has approved the new shipping policy, which would strengthen the shipping sector and benefit exporters, Federal Minister for Maritime Affairs Ali Zaidi said on…

NNR August 17, 2019

Singapore Exchange

CIMIC’S CPB Contractors wins $424mn Campbelltown hospital project

SINGAPORE: CIMIC Group Company CPB Contractors has been selected by the NSW Government to deliver the Campbelltown Hospital Redevelopment Stage 2 project. The NSW Government funded project will generate revenue…

NNR August 16, 2019

London Exchange

Cello Health announces $10.5 million acquisition of Innovative Science Solutions

LONDON: Cello Health plc, the healthcare-led advisory group, has acquired the trade and assets of Innovative Science Solutions for $10.5 million, a release issued to London Stock Exchange noted. ISS…

NNR August 16, 2019

London Exchange

Telstra reaches $1 billion in asset monetisation

LONDON: Telstra Corporation has announced establishment and part sale of an unlisted property trust to own 37 of Telstra's existing exchange properties, a release issued to London Stock Exchange noted.…

NNR August 16, 2019

London Exchange

Etalon Group acquires Leader-Invest

LONDON: Etalon Group Company AO, a subsidiary of Etalon Group Plc, has completed the purchase of the remaining 49% of the share capital of Leader-Invest JSC from Sistema PJSFC for…

NNR August 16, 2019

Ratings

AM Best affirms credit ratings of Delvag Versicherungs-AG

AMSTERDAM: AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Delvag Versicherungs-AG. The outlook of these credit ratings (ratings)…

NNR August 14, 2019

Singapore Exchange

Group CEO of BreadTalk resigns

SINGAPORE: Chu Heng Hwee would resign as the Group Chief Executive Officer of BreadTalk Group Limited with effect from 31 December 2019. The The Board of Directors of BreadTalk Group…

NNR August 14, 2019

Singapore Exchange

CPB Contractors secures NZ$221mn Auckland Airport works

SINGAPORE: CIMIC Group’s company CPB Contractors has reached contractual close to deliver Auckland Airport’s Taxiway Mike and Remote Stands Stage 2 project, a critical component in the facility’s major capital…

NNR August 14, 2019

London Exchange

Quadrise, Merlin signs MoU to promote heavy oil projects

LONDON: Quadrise Fuels International has signed a Memorandum of Understanding (MOU) with Merlin Energy Resources Limited to promote upstream heavy oil projects, a release issued to London Stock Exchange noted.…

NNR August 14, 2019

London Exchange

Gfinity to windup Australian joint venture

LONDON: Gfinity plc has announced that its Australian joint venture, Gfinity Esports Australia, will close at the end of November 2019, a release issued to London Stock Exchange noted. The…

NNR August 14, 2019

Wire

Messe Frankfurt sets a new record of around €718 million sales in 2019

FRANKFURT: Messe Frankfurt, the largest player in the German trade fair industry is setting a new record of around €718 million sales in 2019. Messe Frankfurt has 30 subsidiaries and…

NNR August 9, 2019

Aamir Khan appointed head of Pakistan’s corporate sector watchdog

ISLAMABAD: Pakistan government has appointed eminent financial sector professional Aamir Khan as Chairman of the Securities and Exchange Commission of Pakistan (SECP), corporate and insurance sector watchdog. Aamir has been…

NNR August 9, 2019