Pakistan’s oil sales slide to multi year lows in Aug-19

KARACHI: Pakistan's overall petroleum products sales plummeted by over 4.0% YoY and as much as 20% MoM to 1.29mn tons in Aug-19, a level not seen at least since Jul-2009.…

Chenos Kahn September 3, 2019

Singapore Exchange

Dechra Pharmaceuticals acquires Ampharmco LLC for $30mn

LONDON, UK: The Board of Dechra Pharmaceuticals has announced the acquisition of Ampharmco LLC (APC) and its associated holding companies, Dragon Fire Holdings LLC and Black Griffin Holdings LLC together…

Chenos Kahn August 29, 2019

Australian Exchange

Negative implications and downgraded credit ratings of National Insurance Company

SINGAPORE: AM Best has removed from under review with negative implications and downgraded the Financial Strength Rating to C (Weak) from C++ (Marginal) and the Long-Term Issuer Credit Rating to…

Chenos Kahn August 28, 2019

Singapore Exchange

Trendlines Group’s ApiFix receives FDA regulatory approval

MISGAV, ISRAEL: The Trendlines Group Ltd. announced on Wednesday that its portfolio company ApiFix Ltd., a leading scoliosis correction company and one of Trendlines’ ten most valuable companies, received regulatory…

Chenos Kahn August 28, 2019

Ratings

OUE increases stake in Gemdale Properties and Investment Corporation

SINGAPORE: The Board of Directors of OUE Limited through its wholly-owned subsidiary, Beacon Limited, Tuesday acquired 959.861 million ordinary shares in the capital of Gemdale Properties and Investment Corporation Limited…

Chenos Kahn August 28, 2019