Saudi Fransi Capital, the Financial Advisor, Lead Manager, Bookrunner and Underwriter for the Initial Public Offering (“IPO”) of Tanmiah Food Company, announces that it has successfully completed the book building process for institutional subscription to the Company’s shares, and that the coverage ratio reached 9,534%. The price of the offered shares has been set at SAR 67 per share. Saudi Fransi Capital advised that the participating institutions […]
New capital will fund ESR’s robust development pipeline TOKYO/SINGAPORE/HONG KONG – Media OutReach – 6 July 2021 – ESR Cayman Limited (“ESR” or the “Company”, together with its subsidiaries as the “Group”; SEHK Stock Code: 1821), the largest APAC focused logistics real estate platform, announced a JPY75 billion (circa US$675 million) expansion of ESR Japan Logistics Fund III (“RJLF3”), a development joint venture established with Dutch pension […]
By James M Dorsey When Israeli Foreign Minister Yair Lapid recently sparked a war of words with Polish Prime Minister Mateusz Morawiecki he was doing more than resisting Central European attempts at rewriting the history and legacy of the Holocaust and right-wing nationalistic flirting with anti-Semitic tropes. The war centred on a bill debated in the Polish parliament that makes it essentially impossible for Jews to claim property they […]
SINGAPORE – Media OutReach – 2 July 2021 – The Nailist, a home-grown Manicure Singapore service provider, collaborates with Outrankco to improve its overall digital capabilities. With the lack of walk-in customers and people working from home during the Covid-19 period, it has inevitably affected the performance of most brick-and-mortar store, even more so for services that requires close contact with the customers such as manicure and […]
James M Dorsey Recent announcements by Crown Prince Mohammed bin Salman of plans to turn the kingdom into a transportation and logistics hub that connects continents take to a new level Saudi efforts to replace the United Arab Emirates and Qatar as the Middle East’s go-to addresses. Prince Mohammed’s plans, which include the creation of a new national carrier alongside Saudia, currently the kingdom’s aviation flagship and construction of a new airport for […]
Suncity Achieved All-Star Status, Also Named as the “Most Honored Company” HONG KONG SAR – Media OutReach – 30 June 2021 – Suncity Group Holdings Limited (“Suncity“, Hong Kong Stock Exchange code: 1383, or the “Group“) together with its subsidiary, Summit Ascent Holdings Limited (“Summit Ascent“, Hong Kong Stock Exchange code: 102), are pleased to announce the exciting news that Suncity and Summit Ascent are named in […]
The Kenanga Global Growth Fund and Kenanga Global Islamic Fund will offer investors global exposure and greater diversification following reintroduction. KUALA LUMPUR, MALAYSIA – Media OutReach – 29 June 2021 – Kenanga Investors Berhad (“Kenanga Investors“) announced the relaunch of two of its unit trust funds, the Kenanga Global Growth Fund (“KGGF“, formerly Kenanga Resource Equity Fund) and Kenanga Global Islamic Fund (“KGIF“, formerly Kenanga Islamic Fund) […]
By James M. Dorsey US President Joe Biden may have little appetite for Israeli-Palestinian peacemaking but seems determined to prevent some third parties from exploiting the regional stalemate to their advantage. That seems to be one message contained in ensuring that King Abdullah of Jordan will be the first Arab leader to visit the White House since Mr. Biden took office. The message takes on added significance with the […]
Strives to be the “go-to” E-commerce gateway for Asian products with customers worldwide HONG KONG SAR – Media OutReach – 28 June 2021 – YesAsia Holdings Limited (“YesAsia” or the “Company“; together with subsidiaries, the “Group“; SEHK stock code: 2209), a Hong Kong-headquartered E-commerce platform operator engaging in the procurement and sale of Asian fashion and lifestyle, beauty and entertainment products to customers around the world, has […]
Arabian Post Staff After being awakened from their 15-month long hibernation, Dubai International’s Terminal 1 and Concourse D welcomed their first passengers on Thursday morning with the arrival of flynas flight XY201 from the Saudi Arabian capital of Riyadh. Linked to Terminal 1 by an airport train, the $1.2 billion Concourse D, opened in February 2016 as the home terminal of DXB’s 65 plus international carriers. The […]
Block.one, one of the world’s largest Bitcoin holders, recently unveiled their new cryptocurrency exchange launching in 2021, Bullish VALLETTA, MALTA – EQS Newswire – 24 June 2021 – Cryptology Asset Group (ISIN: MT0001770107; Ticker: CAP:GR), a leading European investment company for blockchain- and crypto-related businesses, founded by Christian Angermayer and Mike Novogratz, announced it has purchased an additional $49 million worth of Block.one shares in a private […]
HONG KONG SAR – Media OutReach – 23 June 2021 – The 2021 Southeast Asia (SEA) Icon Series, organized by Riot Games, is set to conclude with its first regional championship of the year – the Summer Super Cup. Throughout the tournament circuit, teams have been competing in League of Legends: Wild Rift, the mobile version of the popular multiplayer online battle arena (MOBA) game that has […]
Ranks the third most attractive data center location in APAC Land supply increase through HSITP in the Lok Ma Chau Loop advisable Pandemic and geopolitical tension exert little impact on the market position of Hong Kong’s data center. Hong Kong advances to the third most attractive data center location in Asia Pacific this year Shorten the time gap between power capacity expansion work and data center delivery, […]
James M Dorsey Education is emerging as a major flashpoint in competing visions of a future Muslim world. Rival concepts being instilled in a next generation are likely to shape what amounts to a battle for the soul of Islam. Reports earlier this year published by the Israel-based Institute for Monitoring Peace and Cultural Tolerance in School Education (IMPACT-SE) chart the divergence in educational approaches. At one end of […]
Abu Dhabi National Exhibitions Company (ADNEC), part of ADQ, has launched “Tourism 365”. The new company will support in creating experiential travel opportunities for tourists coming to Abu Dhabi, and enhance the emirate’s regional and global positioning in the wider tourism sector. The launch of the company is in line with ADNEC’s new broader role to support the growth of Abu Dhabi as a tourism destination, increasing leisure visitors, […]
The global venture capital firm has partnered with the Ministry’s Taiwan Tech Arena to raise the local ecosystem’s profile on the global stage TAIPEI, TAIWAN – Media OutReach – 21 June 2021 – Global venture capital firm 500 Startups has partnered with Taiwan Tech Arena (TTA) under the Ministry of Science and Technology of Taiwan. The two organizations are conducting the TTA Accelerator by 500 Startups […]
SINGAPORE – Media OutReach – 21 June 2021 – VP Bank Ltd Singapore Branch has been awarded ‘Best Boutique Private Bank’ at the 9th annual WealthBriefingAsia Awards 2021. The win is testament to the bank’s long-standing expertise and commitment to its valued clients across Asia-Pacific. Through its two strategic pillars – private banking and intermediaries, VP Bank has established a long-standing tradition and deep understanding of the […]
Job seekers and career switchers ride the digitalisation wave to land new roles and more opportunities with acquired skills 58% increase in tech training places since the start of the pandemic SINGAPORE – Media OutReach – 18 June 2021 – When the pandemic hit, 57-year old Muhamed Ibrahim Mohd Salleh found himself unemployed and not being able secure a job. Having only offline sales experience and zero […]
SANYA,CHINA – Media OutReach – 17 June 2021 – On 16th of June, the Hainan Free Trade Port (Sanya) New Zealand Special Investment Promotion Conference 2021 was held in Shanghai. Related investment promotion institutions from Sanya proactively introduced preferential policies in Hainan Free Trade Port to nearly a hundred New Zealand enterprises both online and offline to strengthen communications between two regions, gather and allocate high-quality global […]
REDWOOD CITY, Calif. and SINGAPORE – Media OutReach – 17 June 2021 – C3 AI (NYSE:AI), the Enterprise AI application software company, and NCS, a leading technology services provider and member of the Singtel Group, today announced a strategic partnership focused on delivering enterprise AI solutions to clients in Southeast Asia (SEA) and Australia/New Zealand (ANZ) across multiple industries, including telecommunications, government, financial services, transportation, and more. […]
James M. Dorsey Eager to enhance its negotiating leverage with the United States and Europe, Iran is projecting imminent membership of the China-led Shanghai Cooperation Organization (SCO) in much the same way it pushed the signing of a much-touted 25-year cooperation agreement with the People’s Republic that has yet to have any real legs. Converting Iran’s SCO observer status into full membership is likely to be a […]
China REITs add a compelling dimension to the real assets sector in the region. Enabling the sustainable financing of these massive projects will spur the development of new financing vehicles and foster the development of infrastructure as an asset class. NEW DELHI, INDIA – Media OutReach – 16 June 2021 – China’s highly anticipated REIT pilot program finally came to fruition this week, with the launch of […]
