SUZHOU, CHINA: Innovent Biologics, Inc. and Hutchison China MediTech Limited announced the expansion of their global collaboration agreement to evaluate the safety and efficacy of Innovent’s Tyvyt® (sintilimab injection), a fully human anti-programmed cell death protein 1 (anti-PD-1) monoclonal antibody, in combination with Chi-Med’s surufatinib, a novel inhibitor of vascular endothelial growth factor receptor (VEGFR),…
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Frasers Property announces planned leadership changes for Singapore
SINGAPORE: Frasers Property Limited announced that Christopher Tang, Frasers Property Singapore Chief Executive Officer (CEO), who will turn 60 next year, will retire as CEO on 31 December 2019. The Company also announced a key leadership appointment and evolution of its Singapore business organisation as part of its planned leadership changes to ensure a smooth…
Dentsu acquires overseas media rights
TOKYO: Dentsu Inc. announced that in an effort to further contribute to its expertise in the sports marketing business it has acquired the overseas media rights, excluding Japan and China, of MEIJI YASUDA J1 League from 2020 to 2022. Dentsu has been appointed by the Japan Professional Football League (J.League) as “J.League Marketing Partner” in…
Signature Fabrics acquires Milano International Limited
LONDON: CEPS Plc’s subsidiary company, Signature Fabrics Limited has acquired 90 percent of the issued share capital of a newly incorporated company, Milano International Holdings Limited, which has been formed to acquire 100 percent of the issued share capital of Milano International Limited, trading as Milano Pro Sport, for a consideration of £1.85 million. The…
NMCN signs agreement to acquire Lintott Control Systems
LONDON: NMCN Plc has entered into a sale and purchase agreement (SPA) to purchase the entire issued share capital of Lintott Environmental Technologies Limited, which has a wholly owned subsidiary called Lintott Control Systems Limited for a total consideration of up to £3.76 million subject to a three year earn out. Lintott Control Systems is…
Sensyne Health enters into research collaboration with UK MHRA
OXFORD: Sensyne Health plc, the British clinical AI technology company, announced it has entered into a formal research agreement with the UK MHRA (Medicines and Healthcare products Regulatory Agency) to contribute to the development of methods to validate software algorithms used in digital health. Lord (Paul) Drayson, CEO of Sensyne Health, said: “New techniques using…
Bank of Cyprus completes sale of investment in CNP Cyprus Insurance
NICOSIA: Bank of Cyprus Holdings Public Limited Company (BOC) has announced the completion of the sale of its entire shareholding of 49.9% in its associate CNP Cyprus Insurance Holdings Ltd to CNP Assurances S.A. who owns the remaining 50.1%, following the receipt of the necessary regulatory approval. The sale consideration of €97.5 million was received…
QSE promotes sustainability and & ESG disclosure among listed companies
DOHA: Qatar Stock Exchange (QSE), in cooperation with MSCI, held a senior level sustainability and ESG engagement session, titled MSCI Qatar ESG & Climate Change Forum in Qatar, with the aim to promote the business case for ESG and sustainability, outline QSE’s sustainability action plan to attract responsible investors, provide an overview of global investor…
Polypipe Group acquires Alderburgh Group for £14 million
LONDON: Polypipe Group plc, a leading provider of sustainable water and climate management solutions for the built environment, today announced the acquisition of the Alderburgh Group of companies for a total cash consideration of £14 million on a cash and debt free, normalised working capital basis. Alderburgh is a leading designer, manufacturer and installer of…
Eoghan O’Lionaird appointed CEO of James Fisher and Sons
LONDON: James Fisher and Sons plc, the leading marine services provider, has confirmed that Eoghan O’Lionaird has been appointed Chief Executive Officer with effect from 1 October 2019. The Company further confirmed that Nick Henry has stepped down as CEO and Executive Director with effect from 1 October, but will remain employed by the Company…
Menzies Aviation announces multiple UK contract wins and renewals
EDINBURGH: Menzies Aviation, the global aviation logistics specialist, has announce a number of contract wins and renewals across its UK operations: Glasgow: Menzies has agreed a three year contract with Lufthansa at Glasgow Airport. From December 2019, Menzies will deliver passenger, ramp and de-icing services for Germany’s largest airline. Menzies has also landed a new…
TerraX Minerals to acquire Gold Matter Corporation
VANCOUVER: TerraX Minerals Inc. has entered into an agreement with Gold Matter Corporation, a private closely-held corporation, whereby the Company will acquire all of the shares of Gold Matter in exchange for 5 million shares of the Company on a one-for-one basis, resulting in former shareholders of Gold Matter holding approximately 4% of the issued…