LONDON, UK: Ascential plc (LSE: ASCL.L) has acquired Intrepid E-Commerce Services Pte. Ltd., a provider of eCommerce execution services to brands in South East Asia, a statement noted. The acquisition is for an initial cash consideration of US$57m, plus deferred consideration payable over four years, contingent on meeting certain financial targets, resulting in an estimated…
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Shearwater GeoServices awarded 3D Survey in South East Asia
OSLO: GC Rieber Shipping ASA’s 17% owned geoservices company Shearwater GeoServices Holding AS announced the award of a marine seismic 3D survey in South East Asia. GC Rieber Shipping is a shipowner and project-house with focus on developing profitable and sustainable maritime projects. www.gcrieber-shipping.com
SGX welcomes the listing of Phillip SGD Money Market ETF, the first of its kind in South East Asia
SINGAPORE: Singapore Exchange (SGX) has welcomed the listing of Phillip SGD Money Market ETF, a new treasury and cash management tool for institutional investors as well as a timely alternative investment solution for individual investors to manage their ready cash efficiently. Managed by Phillip Capital Management, the fund invests in short term, high quality money…