HONG KONG: Yanlord Land Group Limited announced that its wholly-owned subsidiary, Yanlord (China) Investment Group Co., Ltd., has entered into an investment agreement with an affiliate of GIC Private Limited (GIC), Singapore’s sovereign wealth fund, to form an investment platform to co-invest in residential projects in China. The Cooperation Program entails a total investment of…
SGX pioneers Asia’s first international REIT futures
SINGAPORE: Singapore Exchange (SGX) is pioneering Asia’s first international real estate investment trust (REIT) futures based on indices tracking diverse REITs listed in Singapore, Hong Kong, Malaysia and Thailand, on the back of rising global investor demand for real estate related investment products and trading solutions, a news release said. SGX – Asia’s most diversified…
Word & Brown launches new website, mobile app, and quote enhancements
ORANGE, California: Word & Brown General Agency announced today the launch of its new website, new WBBroker mobile app, and expanded capabilities for quoting through its WBQuote Lite platform. “We’ve completely revitalized our digital ecosystem and it feels great,” said Jessica Word, President of Word & Brown. “Our website was completely re-architected from the ground…
Trisha Conley appointed Vice President at Renewable Energy Group
AMES: Renewable Energy Group has hired Trisha Conley to serve as Vice President, People Development effective August 24, 2020, a news release said. Conley has an extensive background working in Human Resources, including serving in a variety of HR leadership roles. Most recently, she held the position of vice president HR, fuels North America and…
3M and Cinotop Electronics complete patent license agreement for 3M’s metal mesh technology
St PAUL: 3M, 3M Innovative Properties Co. and Cinotop Electronics Co., Ltd. have reached a patent license agreement for use of 3M’s metal mesh technology. Metal mesh conductor technology is widely used in the construction of projected capacitive touch sensors for consumer and commercial applications. Metal mesh conductors have broad applicability across touch sensors of…
Singapore’s EDBI makes strategic investment in Vesta Corporation to help expansion across Asia Pacific
SINGAPORE: Vesta Corporation, a fintech pioneer in fraud protection and fully guaranteed payment technologies, has secured a strategic investment from EDBI, a global Asian-based investor, a news release said. This investment, along with a strategic alignment with EDBI, will accelerate the company’s momentum and efforts to expand its fraud and approval enhancement platform across Asia…
United Networks acquires business assets of C3 Innovations
SYDNEY: United Networks Limited (UNL) CEO Victor Tsaccounis announced the acquisition of the business assets of C3 Innovations, the fourth transaction over the last 12 months in line with UNL’s strategy of building recurring revenue by acquiring complementary businesses. Details of acquisition include: – UNL has purchased the assets and database of C3 Innovations. C3…
Indiana Resources to acquire South Australia gold projects
PERTH: Indiana Resources Limited has executed a Binding Term Sheet with private company Patron Resources Ltd to acquire 100% of Patron’s subsidiaries, Endeavour Copper Gold Pty Ltd (ECG) and Earea Dam Mining Pty Ltd (EDM), in a cash and scrip based transaction, a news release said. The Consideration for the acquisition is: payment of a…
Immotion’s Ocean Explorer opens at Mandalay Bay in Las Vegas
LONDON: Immotion Group, the UK-based immersive entertainment group, announced its largest installation to date, ‘Ocean Explorer Virtual Reality Theater’ in Shark Reef Aquarium at Mandalay Bay Resort and Casino, opened on 1 August. The Ocean Explorer installation is a 36-seat VR theatre complete with a full immersive pre-show area, including a number of new attractions,…
bp sets out strategy to become and integrated energy company
LONDON, UK: bp Plc has introduced a new strategy that will reshape its business as it pivots from being an international oil company focused on producing resources to an integrated energy company focused on delivering solutions for customers. Within 10 years, bp aims to have increased its annual low carbon investment 10-fold to around $5…
Active Energy gets construction and air permit for it’s CoalSwitch plant at Lumberton
LONDON, UK: Active Energy, the international biomass based renewable energy business, announce that the construction and air permit for the Company’s CoalSwitch plant at Lumberton, North Carolina has been granted by the NC Division of Air Quality. With the issuance of the Permit, Active Energy can now commence the final stage planning and construction for…
AstraZeneca announces a three-tranche $3 billion global bond offering
LONDON: AstraZeneca PLC announces that, on 3 August 2020, it priced a three tranche global bond offering totalling $3bn. The offering is expected to close on 6 August 2020, subject to customary closing conditions. AstraZeneca expects to use the net proceeds of the issue for general corporate purposes, which may include the refinancing of existing…