By Matein Khalid 2021 was a classic annus horribilis in the Chinese stock market as even a wannabe bottom fisher in Alibaba at 160 like moa can attest. Yet the 37% plunge in MSCI China index and Hong Kong red chips was the worst financial performance in the Middle Kingdom since the 2008 global financial meltdown. The pain was most concentrated in Chinese internet and property developer […]
“In a gold rush, sell the shovel” – that is precisely what this Singapore- based blockchain startup is doing to catch the attention of investors around the world. SINGAPORE – Media OutReach – 30 December 2021 – CyberHash recently raised US$20 million in an early stage funding round led by venture capital firm Lemon, with participation from technology investor Alex Zhu. CyberHash is a Singapore based startup, focusing on […]
By Peter Garnry India looks like the next China in terms of growth, infrastructure investments, market reforms, technology IPOs and subsequent returns for shareholders, and urbanisation. Indian equities have been one of the best equity markets over the past 20 years growing earnings 10% annualised and we believe this trend will continue over the next 10 years with extraordinary returns for investors. But India’s huge growth and […]
HONG KONG SAR – Media OutReach – 28 December 2021 – Pursuant to an order for sale made by the Lands Tribunal under the Land (Compulsory Sale for Redevelopment) Ordinance, Cushman & Wakefield Limited (“C&W”) conducted a public auction of Nos. 1, 3, 5 & 7 Po Tuck Street, Sai Ying Pun today. The Property was successfully sold to Famous Concept Development Limited at HK$377,000,000. The Property is located […]
December 22, 2021, Vingroup successfully closed the first international sustainable syndicated loan transaction of $400 million to serve the development needs of VinFast and its member companies. HANOI, VIETNAM – Media OutReach – 28 December 2021 – This is the first sustainable syndicated loan transaction, and the second international sustainable fund raising transaction by Vingroup. Previously, Vinpearl – a member company of the Group, as well as a […]
Today, investing in cryptocurrency is one of the most rapidly developing and promising trends in the modern financial market. Due to the unstable economic situation, more and more people started thinking about additional sources of income. Primarily, people are interested in how to invest and in finding projects offering the best return. Also, they are worried about safeguarding our investments against losses during spikes in the price […]
By Matein Khalid As the 5% crude oil plunge in both WTI and Brent on fears of Omicron demand shock demonstrates, the fate of the virus is inextricably linked to global economic growth, Fed policy and thus commodities returns. Yet thanks to black gold’s stellar performance the GSCI Energy index was a winner in 2021, up 47%. Even Brent rebounded 4% to 74 a barrel in its […]
Building a brighter and sustainable future HONG KONG SAR – Media OutReach – 21 December 2021 – Henderson Sunlight Asset Management Limited (the “Manager“), as manager of Sunlight Real Estate Investment Trust (“Sunlight REIT“), is pleased to announce the 15th listing anniversary of Sunlight REIT today. The Manager’s staff celebrates the 15th listing anniversary of Sunlight REIT. Over the past 15 years, Sunlight REIT has established a […]
SINGAPORE – Media OutReach – 21 December 2021 – As Singapore starts to make a progressive recovery with the lifting of restrictions, Dive Deals has launched online support for users to elevate their shopping experience by receiving personalised deals tailored to their preferences. The innovative web-based deal discovery platform has been developing its platform’s personalisation engine and features: One example of a personalisation feature would be the […]
Arabian Post Staff CARS24, India’s e-commerce platform for pre-owned vehicles, announced the closing of a $400 million round of funding, including a $300 million Series G equity round alongside $100 million debt from diversified financial institutions. This is CARS24’s third round of fund raising in over a year and values the used cars e-commerce player at $3.3 billion, about double the valuation from its previous round in […]
LONDON, UK – Media OutReach – 17 December 2021 – Prominently positioned at the forefront of Southbank Place, with sweeping views of the Houses of Parliament, London Eye and across the River Thames onto the City of London, is The Penthouse at Belvedere Gardens, a spectacular four-bedroom apartment. Belvedere Gardens Penthouse Reception Belvedere Gardens Penthouse Terrace Just released onto the market for £17.5 million, The Penthouse at Belvedere Gardens, which has […]
MOSCOW, RUSSIA – RUSINFOSERVICE – 17 December 2021 – RUSAL (SEHK: 486, Moscow Exchange: RUAL) a leading global aluminium producer, opens the first phase of the world’s most advanced low-carbon aluminium production plant, Taishet Aluminium Smelter (TaAZ), in Taishet, Siberia, further demonstrating RUSAL’s commitment to decarbonization of its operations and consumer product chains. The state-of-the-art smelter is one of the greenest in the world, operating on […]
By Matein Khalid The financial markets gave a green light to risk assets after the December FOMC conclave because the Federal Reserve has shifted its monetary strategy from post pandemic money printing to a traditional anti-inflation stance. Chairman Powell’s decision to drop his “inflation is transitory” argument and the FOMC’s decision to double the taper with three planned rate hikes in 2022 is thus a game changer […]
Themed art experiences expected to open in 2023 will showcase the fan-favorite franchises in ways never seen, heard, or felt before SINGAPORE – Media OutReach – 16 December 2021 – Cityneon Holdings is thrilled to announce an exciting partnership with Warner Bros. Themed Entertainment to produce two brand-new, unique global touring themed art experiences inspired by DC and the Wizarding World, slated to launch in 2023. Audiences around the […]
AMSTERDAM, THE NETHERLANDS – Media OutReach – 15 December 2021 – Global fintech MODIFI today announced 145m USD in debt financing with existing bank partners Silicon Valley Bank and Solarisbank. The funds will be used to address increasing demand and help more small and medium-sized enterprises trade internationally on MODIFI’s digital platform. COVID-19 has negatively impacted SME exporters and importers, with the trade finance gap widening to 1.7 trillion USD, 15% […]
Arabian Post Staff Gulf Capital announced record profitability results for its private equity portfolio over the last twelve months (LTM) ending in Q3 2021. The fair value of Gulf Capital’s $750 Million GC Equity Partners III (Fund III) soared by 67% in the Last Twelve Months, fuelled by the record profitability of its underlying portfolio companies. This strong performance is a direct result of Gulf Capital adopting […]
HONG KONG SAR – Media OutReach – 13 December 2021 – Taxation can be an effective tool for influencing corporate behaviour. Cheng & Cheng Taxation Services Limited (“Cheng & Cheng’s Taxation”) regards it is the reason why many jurisdictions are devoting huge amounts of resources in an effort to attract research and development (R&D) centres. In this, Hong Kong is no exception. A ‘super tax deduction’ on certain R&D […]
BEIJING, CHINA – Media OutReach – 13 December 2021 – The British Council announced on 11 December 2021 the recipients of the Study UK Alumni Awards 2021-22 in CHINA at a ceremony in Beijing. In total, 11 UK alumni in China were shortlisted for their outstanding achievements as business professionals, entrepreneurs and community leaders, and for their contribution to strengthening ties between the UK and China. […]
New facility in Ras Bufontas Free Zone will cater to growing entertainment technology markets in the EMEA region Facility to include an international experience and entertainment technology centre, innovation lab and a large-scale production workshop DOHA, QATAR – Media OutReach – 13 December 2021 – Cityneon Holdings, a global entertainment company based in Singapore that specializes in unique, immersive, and large-scale experiences, signed in Doha a strategic partnership agreement […]
ZUG, SWITZERLAND – EQS Newswire – 11 December 2021 – SunMirror AG (“SunMirror”, “the Company”; Vienna Stock Exchange: ROR1; Frankfurt Stock Exchange: ROR; ISIN CH0396131929) is pleased to announce experienced senior executives to join the SunMirror’s Leadership Team. SunMirror has appointed Ms. Flavia R. Sennhauser as Chief Financial Officer. Mr. Roger Hermann who has been serving as Chief Financial Officer will continue to work as a senior executive […]
HONG KONG SAR – Media OutReach – 9 December 2021 – MIPIM Asia Awards 2021 returns for another year on their 15th birthday showcasing the best of the best in real estate, proudly presenting awards to winning projects and celebrating live yesterday night with full respect to health and safety measures, at the Grand Hyatt Hong Kong. An exciting close to the finale of the MIPIM Asia Summit, the […]
HONG KONG SAR – News Direct – 8 December 2021 – WATI.io (WhatsApp Team Inbox), a comprehensive WhatsApp customer engagement tool for small businesses, has raised $8.3Mn in Series A led by Sequoia Capital India with participation from Surge, Base Partners and several prominent angels including Gokul Rajaram, a member of the DoorDash executive team and and board member at Coinbase and Pinterest. WATI.io has over 3,000 customers across 54 […]
Following the disposal, the Group intends to strategically diversify into the production and financing of Korean drama and US movies SINGAPORE – Media OutReach – 6 December 2021 – Spackman Entertainment Group Limited (the “Group“), one of Korea’s leading entertainment production groups, wishes to announce that it has successfully completed the disposal of its subsidiary Zip Cinema Co., Ltd. for S$19.8 million (the “Disposal“). Following the Disposal, […]
Arabian Post Staff Borouge, a leading petrochemical company providing innovative, value-creating polyolefin solutions, announced today the award of the Engineering, Procurement and Construction (EPC) contracts for the world-scale fourth expansion of its manufacturing complex in Ruwais, Abu Dhabi (“Borouge 4”). ADNOC and Borealis AG recently signed a strategic partnership that confirms a $6.2 billion (AED22 billion) investment agreement to build Borouge 4. The EPC award underscores Borouge’s […]
