ATLANTA: Altium Packaging has acquired the assets of SFB Plastics Inc., in Wichita, Kansas, a privately-held material handling and packaging manufacturer, specializing in HDPE blow molding of industrial containers. Patrick Keese, Senior Vice President and General Manager of Altium’s Consumer-Industrial Group, stated, “We are excited to welcome the employees of SFB Plastics into the Altium…
GAN Limited sings agreement to acquire Coolbet for €149 million
IRVINE: GAN Limited has signed a definitive purchase agreement to acquire Vincent Group p.l.c. (Coolbet) for a total consideration of approximately €149 million, a news release said. The acquisition is expected to close in the first quarter of 2021, subject to regulatory review and the satisfaction of certain closing conditions. GAN expects to fund the…
Citizen introduces its first full digital display smartwatch
NEW YORK: Citizen, a pioneer in watchmaking and innovation since 1918, has introduced its latest innovation: CZ Smart – the brand’s first full digital display smartwatch. This is the latest introduction from Citizen who in 2012 introduced CITIZEN Eco-Drive Proximity, the world’s first analog watch with Bluetooth capability. This men’s smartwatch marries powerful technology with…
CapitaLand Retail China plans S$300 million equity fundraising to finance acquisitions
SINGAPORE: CapitaLand Retail China Trust Management Limited, manager of CapitaLand Retail China Trust (CRCT) has planned an equity fundraising comprising an offering of new units in CRCT to raise gross proceeds of S$300 million. CapitaLand has proposed a private placement of 184.41 million new units to institutional and other investors at an issue price of…
Panopto expands global video cloud with the launch of new data center in Australia
SEATTLE: Panopto has launched a new data center in Sydney, Australia, offering a complete cloud-based video hosting option to enterprise businesses and universities in Australia and New Zealand, a news release siad. The new data center is in response to the accelerating global demand for video management capabilities to support distance learning and remote work….
CIMIC’S CPB Contractors to deliver defence training facilities in North Queensland
SINGAPORE: CIMIC Group’s CPB Contractors has been selected by the Australian Government’s Department of Defence to deliver the development phase of the Australia-Singapore Military Training Initiative (ASMTI) facilities project in North Queensland. CPB Contractors has also been named as the preferred contractor to manage the second phase of the project, commencing mid-2022. Combined, the two…
Moderna Inc.’s COVID-19 vaccine is 94.5% effective
CAMBRIDGE: Moderna Inc. announced that the independent, NIH-appointed Data Safety Monitoring Board (DSMB) for the Phase 3 study of mRNA-1273, its vaccine candidate against COVID-19, has informed Moderna that the trial has met the statistical criteria pre-specified in the study protocol for efficacy, with a vaccine efficacy of 94.5%. This study, known as the COVE study, enrolled…
BH Mubasher participate in the Young Economists Program
DUBAI: BH Mubasher Financial Services PSC, one of the leading companies in the UAE financial market, has participated in the Young Economists Program, a news release said. The program, which was launched by His Highness Sheikh Hamdan bin Mohammed bin Rashid Al Maktoum, Crown Prince of Dubai and Chairman of the Executive Council, is organized…
Resimac steps up to deliver a superior digital customer experience
SYDNEY: Resimac Group Ltd announced it was working with key technology and service providers to migrate its core platforms to the cloud and deliver a superior digital customer experience. The technology suppliers were selected following a detailed feasibility analysis and commercial RFP process, and include Infosys, Loanworks, and Equifax. Mr Scott McWilliam, Resimac Chief Executive…
Resimac Group Ltd (ASX:RMC)
Click here Resimac Group Ltd (ASX:RMC) share price Resimac Group Ltd (ASX: RMC) is a leading non-bank residential mortgage lender and multi-channel distribution business, and was recognised as Australian Non-Bank of the Year by the Australian Mortgage Awards 2020. It operates under a fully integrated business model comprising origination, servicing and funding prime and non-conforming…
Weebit Nano appoints Ilan Sever to drive R&D
SYDNEY: Weebit Nano Ltd has appointed non-volatile memory design expert Mr Ilan Sever as Vice President Research & Development to drive the Company’s progress within the embedded, standalone and neuromorphic markets, a news release said. Mr Sever will commence in the role on 24November 2020. Mr Sever brings more than 25 years’ in Very Large-Scale…
Weebit Nano Ltd (ASX:WBT)
Click here: Weebit Nano Ltd (ASX:WBT) share price Weebit Nano Ltd (ASX: WBT) is a leader in the development of next generation computer memory technology, and plans to become the new industry standard in this space. Its goal is to address the growing need for a significantly higher performance and lower power computer memory technology….