SINGAPORE: Jason Marine Group Limited has exercised the Put Option to sell its entire eMarine Global (eMarine Investment) for KRW759 per share plus interest accrued on the aggregate consideration at a rate of 5.38% per annum for the period from 28 October 2011 to the date of exercise of the Put Option, in accordance with…
New Zealand Exchange and Singapore Exchange to explore global dairy derivatives partnership
WELLINGTON: New Zealand’s Exchange (NZX) and Singapore Exchange (SGX) have today signed a Heads of Agreement in relation to a global partnership to grow NZX’s dairy derivatives market together, a news release said. The non-binding agreement signed between both exchanges will explore the listing of NZX’s suite of dairy derivatives contracts on SGX’s trading and…
Indonesia’s non-life insurance market stable despite a bleak macroeconomic picture
SINGAPORE: Indonesia’s non-life insurance market is well-diversified and underpinned by solid capitalisation, supporting a stable outlook assigned to the segment. A new Best’s Market Segment Report, titled, “Market Segment Outlook: Indonesia Non-Life Insurance,” states that the non-life insurance market’s overall robust return on equity, supported by stable historical underwriting performance and strong balance sheet fundamentals,…
AM Best affirms ratings of GEICO on it’s balance sheet strength
OLDWICK: AM Best has affirmed the Financial Strength Rating (FSR) of A++ (Superior) for the members of Government Employees Group (GEICO) based on its strong operating performance, very favorable business profile and appropriate enterprise risk management (ERM). Am Best also affirmed the Long-Term Issuer Credit Ratings (Long-Term ICR) of “aaa” for the members of Government…
Fortescue Metals Group Ltd
Fortescue Metals Group Ltd (Often referred to as FMG) is an Australian iron ore company. Fortescue is the fourth largest iron ore producer in the world after BHP Billiton, Rio Tinto, and Vale. The company has holdings of more than 87,000 km2 in the Pilbara region of Western Australia, making it the largest tenement holder…
Flight Centre Travel Group (FCTG)
Flight Centre Travel Group (FCTG) is a large retail travel agency in Australia. It was founded in 1982, and is headquartered in Brisbane, Australia. FCTG operates under multiple names in Australia, New Zealand, United States, Canada, United Kingdom, South Africa, Hong Kong, India, China, Singapore, United Arab Emirates, and Mexico, and licenses its name in…
Flexirent Capital Pty Ltd
Flexirent Capital Pty Ltd. or more commonly Flexirent, is an Australian consumer leasing service of business and consumer electronics and is the primary product of FlexiGroup. (ASX: FXL). The Flexirent service is offered by numerous computer and IT equipment retailers, however has been strongly associated with Australian retailer Harvey Norman since Flexirent’s successful 12-month trial…
Fletcher Building Limited
Fletcher Building Limited is one of the largest listed companies in New Zealand, with a market capitalisation of over NZ$2.8 billion. The company was split from Fletcher Challenge in 2001, formerly New Zealand’s largest business and multinational. Traded as: NZX: FBU; ASX: FBU Industry: Construction Founded: 2001 (part of Fletcher Challenge group); 19 years ago…
Fisher & Paykel Healthcare Corporation Limited (FPH)
Fisher & Paykel Healthcare Corporation Limited (FPH) is a manufacturer, designer and marketer of products and systems for use in respiratory care, acute care, and the treatment of obstructive sleep apnea. Based in New Zealand, their products and systems are sold in around 120 countries worldwide. FPH is primarily an exporting company, with just 1…
Fantastic Furniture
Fantastic Furniture is an Australian owned and operated furniture retailer. The company operates under Fantastic Holdings Limited (FHL). Industry: Manufacturing and Retailing Founded: 1989 (Sydney) Headquarters: 62 Hume Hwy Chullora, New South Wales 2190, Australia Products: Household furniture Parent: Greenlit Brands Website: www.fantasticfurniture.com.au
Event Hospitality & Entertainment Ltd
Event Hospitality & Entertainment Ltd (formerly Amalgamated Holdings Limited) is an Australian company which operates cinemas, hotels and resorts in Australia, New Zealand and Germany. Event owns the largest cinema circuits in Australia and New Zealand. Its cinema brands include Event Cinemas, Birch, Carroll and Coyle, CineStar, Greater Union, GU Film House, Moonlight Cinema, and…
Estia Health
Estia Health is an Australian aged care operator floated by Quadrant Private Equity in December 2014 when it was valued at $725 million. It operates 69 facilities across Australia and is listed on the Australian Securities Exchange. Of 200 largest listed companies in Australia it has the largest the proportion of women in its executive…