NANNING: The 11th Pan-Beibu Gulf Economic Cooperation Forum & 2020 Beibu Gulf International Gateway Port Cooperation Summit, with Guangxi China-ASEAN Panorama Magazine Agency Co., Ltd as the executive organization, was held on October 15, 2020, in Nanning, Guangxi Zhuang Autonomous Region, China. Lu Xinshe, Secretary of CPC Guangxi Committee, Chairman of the Standing Committee of…
Dubber raises $35mn through private placement, launches SPP for another $6mn
MELBOURNE: Dubber Corporation Limited, the world’s most scalable cloud call recording service, has received firm commitments to raise $35 million via a placement to institutional, professional and sophisticated investors. Dubber Corporation will launch a share purchase plan (SPP) offer to existing eligible shareholders to raise up to a further $6 million. “Dubber has a leadership…
Aussie Broadband lists on the ASX following a capital raise of $40m
PERTH: Aussie Broadband Limited (ABB) has been admitted to the official list of the Australian Securities Exchange (ASX) following the successful completion of a $40.00 million initial public offering (IPO). Under the IPO, 40 million shares were issued at $1 a share, which gives Aussie Broadband Limited (ABB) a market capitalisation of approximately $190 million…
The Forest Foundation sees opportunity to avoid future California wildfire disasters
SACRAMENTO: While each passing year sees increased devastation and record-breaking losses from wildfires, The Forest Foundation, a non-profit organization dedicated to forest sustainability and public education, said it is optimistic that growing interest in better managing California’s forests will help the state avoid future catastrophes. While there’s a tendency by federal and state policy makers…
Alta Equipment Group to acquire Howell Tractor and Equipment LLC
LIVONIA: Alta Equipment Group has entered into a definitive agreement to acquire Howell Tractor and Equipment LLC., a privately held heavy equipment dealer serving Northern Illinois and Northwest Indiana. Howell Tractor has an expansive range of heavy construction, mining, material handling, and crane equipment available for sale or rent to its premium customer base. As…
Air Lease Corporation delivers New Airbus A321-200neo LR aircraft to SAS
LOS ANGELES: Air Lease Corporation announced the delivery of one new Airbus A321-200neo LR aircraft on long-term lease to Scandinavian Airlines System (SAS). Powered by CFM International LEAP-1A33 engines, this aircraft is the first of three A321-200neo LRs confirmed to deliver to the Scandinavian airline from ALC’s order book with Airbus. The other two A321-200neo…
Superior Plus acquires Central Coast Propane
TORONTO: Superior Plus Corp., through one of its wholly-owned subsidiaries, has acquired all of the equity interests of a Southern California retail propane distribution company, operating under the trade name Central Coast Propane. Founded in 1992, and located in Paso Robles, California, Central Coast is an established independent retail propane distributor serving approximately 2,800 residential…
Altius Resources acquires 2.0 million shares of CANEX Metals
ST. JOHN’S: Altius Resources Inc., a subsidiary of Altius Minerals Corporation, has acquired ownership of 2.0 million common shares of CANEX Metals Inc., with its head office in Calgary, Alberta, a news release said. The Common Shares were acquired by Altius pursuant to an exercise of previously acquired common share purchase warrants of CANEX held…
Ventas acquires trophy life science portfolio in South San Francisco for $1.0 billion
CHICAGO: Ventas Inc. announced that the Ventas Life Science and Healthcare Real Estate Fund, L.P. has acquired a trophy life science portfolio in the premier South San Francisco life science cluster for $1.0 billion. Ventas is the Sponsor and General Partner of the Fund, which is a perpetual life vehicle focused on investments in core…
Emeco fully repays $142 million March 2022 Notes
SINGAPORE: Emeco Group has repaid US$142 million (A$195 million), representing 100% of the 31 March 2022 notes (2022 Notes) outstanding, a news release said. The repayment of the 2022 Notes was funded from the net proceeds of the recently completed underwritten A$149 million pro rata entitlement offer and existing cash on hand. The note repayment…
Wilmar Ranked Top in Asia for Workers’ Rights
SINGAPORE: Wilmar International Limited (Wilmar) achieved the highest scores in Asia and is ranked top ten globally in the 2020 Benchmark Findings Report1 on the Food & Beverage sector published by KnowTheChain. The independent report evaluates and scores 43 of the world’s largest food and beverage companies based on policies and practices to address forced…
Facebook hosts Hello Pakistan with Pakistan’s authorized sales partner Dial Zero
KARACHI: Facebook hosted a virtual launch event to introduce Dial Zero, their Authorized Sales Partner for Pakistan, to the local market. Both companies discussed this first of its kind partnership for the country along with educating attendees about Facebook’s various new services being offered for local businesses including localised account management, local billing in Pakistan…