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 Limited would like to express its appreciation to Chu for…
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 works program, a release issued to Singapore Exchange (SGX) noted….
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. Merlin Energy is an upstream oil and gas consultancy specialising…
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 decision was taken in conjunction with local partner HT&E and…
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 56 sales partners in 190 countries. Pakistan is one of…
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 working as Commissioner, Specialized Companies Division at SECP. According to…
LONDON: FairFX plc, a subsidiary of Equals Group has acquired the International Payments business of Hermex International Limited, part of the FXPro Group, for a total consideration of £2 million, payable in cash on completion. Equals Group is the e-banking…
LONDON: Highlands Natural Resources has announced that its wholly owned, vertically integrated CBD subsidiary, Zoetic has commenced sales in the UK via its website www.zoetic.uk.com. The first product lines in the UK will be CBD tinctures. These are available in…
LONDON: Circle Property Plc has announced the acquisition of Concorde Park, Concorde Road, Maidenhead, a south east office park for £14.6 million. Circle Property invests in, develops and actively manages well-located regional office assets. The 71,500 sq ft park is…
LONDON: IWG has entered into a second strategic partnership with TKP Corporation. IWG will divest its Taiwanese operations to TKP and the parties have agreed an exclusive master franchise agreement for the country. IWG is the global operator of leading…
AMSTERDAM: AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating (Long-Term ICR) of “a-” of Polskie Towarzystwo Reasekuracji S.A (Polish Re). The ratings reflect Polish Re’s balance sheet strength, which AM Best…
LONDON: AM Best has upgraded the Long-Term Issuer Credit Rating to “bbb+” from “bbb” and affirmed the Financial Strength Rating of B++ (Good) of Arab Orient Insurance Company. The ratings reflect Arab Orient Insurance’s balance sheet strength, which AM Best…