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HONG KONG SAR – Media OutReach – 12 January 2021 – Plus Renewable Technologies Limited (“Plus Renewable“) today announced that its subsidiary, SP Energy (USA) One LLC (“SP Energy“), the parent company of Radian Generation LLC (“Radian“) has entered into a merger agreement with a subsidiary of 424 Capital (“424“). The business will operate under the name of Radian Generation LLC. This partnership will support the continued growth of Radian’s renewable […]

Arabian Post Staff | SHUAA Capital announced that it has successfully completed a debt buyout of Stanford Marine Groups AED 1.13 billion (USD 308 million) facility, resulting in a successful outcome for all parties involved, including the participating banks. SMG is one of the most prominent and diversifed offshore services companies in the Middle East, with a focus on chartering, building and repairing offshore support vessels for the […]

– Fresh capital to develop existing portfolio of mining assets and roll-up new ones– Renewed focus on tier-one jurisdictions, including its highly accretive Europe business ZUG, SWITZERLAND – EQS Newswire – 8 January 2021 – The Board of Directors of SunMirror AG (“SunMirror”; XETRA Wien: ROR1; ISIN CH0396131929), the mining and exploration firm specialising in raw materials powering the technological future such as gold, lithium and other metals […]

Hit the record for the longest maturity period and the lowest coupon rate of the Group’s offshore bond issuance Optimize the Group’s financing costs and extend debts duration HONG KONG SAR – Media OutReach – 6 January 2021 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer and investor in first-, second- and robust third-tier cities in China, is pleased to […]

Arabian Post Staff Dubai Airports, operator of Dubai International (DXB) and Dubai World Central (DWC), and GMR Hyderabad (GMR-HYD) have joined forces to create a Covid-19 vaccine distribution corridor. Home to 88 global airlines including Dubai’s flagship carrier Emirates, and 12 international and 400 local and regional freight forwarders, Dubai Airports with its interlinked cargo facilities at DXB and DWC and in partnership with dnata cargo, the […]

STR’s total pipeline figures include hotel projects in construction, final planning, and planning stages. “The pipeline of new hotels in the region is still strong, especially in countries where tourism is a key diversification factor identified by governments (for instance Saudi or UAE),” said Bruno Trenchard, Senior Manager – Hotels & Hospitality at CBRE Middle East. Historically, slowdowns have tended to impact projects in the planning or […]

EHT unitholders have rejected SC as replacement Manager; Lengthy restructuring efforts not in best interests of unitholders, causing depletion of REIT’s cash reserves; Sponsor constantly demonstrates its efforts to save the REIT Sponsor’s plans to rescue REIT blocked since August which, if acted upon, would have set the REIT onto path of recovery, instead of causing damage due to internal differences While successful businesses fight for unity […]

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To further lower financial costs and broaden financing channels for the Group’s sustainable development   HONG KONG SAR – Media OutReach – 31 December 2020 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer and investor in first-, second- and robust third-tier cities in China, is pleased to announce that CIFI signed syndicated loan facility agreements with several banks and […]

DUBAI: At least eight climbers have died and several more are missing in mountains north of Iran’s capital Tehran after heavy snowfall and a blizzard, state television reported on Saturday, and the

Sponsor will be seeking EHT to reconsider decision to deny request to hold a further EGM Unitholders of a publicly listed company are well within their rights to requisition the Board to convene an EGM for considering additional resolutions Operational uncertainties are not grounds for denying unitholders’ requests for an EGM SINGAPORE – Media OutReach – 24 December 2020 – Urban Commons (UC), the Los Angeles-based real estate investment and […]

SINGAPORE – Media OutReach – 23 December 2020 – 3E Accounting is the first Asia-Pacific SME accounting firm to adopt robotics technology and disrupt the Accounting and Professional Services industry as the pioneer robotics accounting firm.   3E Accounting Founder and Chief Technology Officer Lawrence Chai formed the firm’s Digital Research and Development (R&D) team to spearhead development in new technological growth areas like robotic business automation (RPA), Machine Learning (ML) and […]

HONG KONG SAR – Media OutReach – 24 December 2020 – Kerry Logistics Network Limited (‘Kerry Logistics Network’; Stock Code 0636.HK) is pleased to announce that it has completed the spin-off of its subsidiary, Kerry Express Thailand (‘KETH’; Stock Code ‘KEX’), which commenced trading on the Stock Exchange of Thailand (‘SET’) today. KETH remains a subsidiary of Kerry Logistics Network after the spin-off.   The price of KETH’s initial public […]

Employees of SMEs also give their employers the thumbs up   HO CHI MINH CITY, VIETNAM – Media OutReach – 23 December 2020 – SMEs in Vietnam were celebrated today in a glittering ceremony highlighting their achievements in a challenging year.   Held in Ho Chi Minh City, the SME100 Fast Moving Companies Awards ceremony debuted in its first year in Vietnam — having been established as […]

Korea’s first logistics REIT raised approximately US$650 million through pre-IPO investments and global offering Overwhelming response from both international and domestic investors demonstrates strong market appetite for public REITs with prime quality logistics assets and stable returns Further cements ESR Kendall Square as the dominant logistics real estate platform in Korea with over US$7.2 billion of AUM ESR further scales its integrated platform of public and private […]

SINGAPORE – Media OutReach – 22 December 2020 – With regard to the selection of SC Capital as the replacement manager of Eagle Hospitality REIT (EH-REIT), Urban Commons, the Sponsor of Eagle Hospitality Trust (EHT), believes that SC Capital’s current proposal will very likely provoke disagreements amongst various interested parties. This could initiate a chain of reactions and is highly risky for securityholders.   Sponsor has provided […]

SINGAPORE/MUMBAI/HONG KONG – Media OutReach – 22 December 2020 – GIC, Singapore’s sovereign wealth fund, and ESR Cayman Limited (“ESR”; SEHK Stock Code: 1821) announced today that they have entered into an 80:20 strategic partnership to establish a US$750 million joint venture (the “Joint Venture”) to develop and acquire industrial and logistics assets in India.  The Joint Venture will develop and own institutional-grade, state-of-the-art industrial and logistics facilities as well as acquire […]

Abu Dhabi Securities Exchange (ADX) announced that Palms Sports P.J.S.C has listed its shares on ADX’s Second Market under the trading symbol PALMS, and trading begins on the shares today. The company’s nominal value of share capital is AED 150 million, with each share having a nominal value of AED 1. This is the fifth listing on ADX in 2020. Arabian Post Staff Palms Sports, a subsidiary of the […]

SINGAPORE – Media OutReach – 18 December 2020 – House prices, sales transactions and rentals are all skyrocketing in Valencia. The city has seen a growing demand from international buyers in recent years, especially from Asia, many of whom aspire to live a Mediterranean lifestyle characterized by gorgeous architecture and a high quality of life at an affordable rate. However, Asian interest in Spanish properties is primarily fueled by the […]

KUALA LUMPUR, MALAYSIA – Media OutReach – 17 December 2020 – Kincentric, a Spencer Stuart Company, has named five organizations as Best Employers Malaysia for 2020, an acknowledgement of its leading employer benchmarking program which measures and recognizes extraordinary employers demonstrating workplace excellence.   For 20 years, the Kincentric Best Employers program has recognized leading employers across the world, backed by over 50 years of employee research and a global […]

Smart workspace technologies introduced at ceremony[1] officiated by Minister Chan Chun Sing will transform how and where people work via “space as a service” concepts SINGAPORE – Media OutReach – 16 December 2020 – JustCo, Asia-Pacific’s leading co-working company, today launched its Digital Future of Work Platform at an event officiated by Singapore’s Minister for Trade and Industry Mr. Chan Chun Sing. JustCo’s new platform uses digital technology to […]

Hong Kong ranked 9th in APAC markets, amid weakened office market demand  Beijing and Shanghai jointly ranked 13th HONG KONG SAR – Media OutReach – 16 December 2020 – Hong Kong remains the most expensive office fit-out market in Greater China with an average of USD 130 per square foot, according to Cushman & Wakefield‘s newly released Asia Pacific Office Fit-Out Cost Guide 2020-21. The study provides an overview of […]

GIGANTIQ features a base interest of 1.8%1 p.a., cumulative with activation of each on-demand coverage   SINGAPORE – Media OutReach – 15 December 2020 – With a vision to change the paradigm of insurance and reshape customer experience, Tiq by Etiqa Insurance proves to be big on their brand promise, evident in their launch of GIGANTIQ — an all-in-one insurance savings plan with optional protection riders. Deviating from traditional products, […]

Hard work and discipline are the most essential things that should be applied to succeed in day trading. It will bring long-term success to investors. Consistency in making money will be elementary if there is a specific strategy used to run the business. One vital thing is to do is to diversify your assets along with a maintaining a robust mentality. Day trading is such a system […]

Sets to Benefit Investors and Issuers Alike   HONG KONG SAR – Media OutReach – 11 December 2020 – Tricor Group (“Tricor”), a leading business expansion specialist in Asia, is pleased to announce the launch of Tricor IPO Smart Pay (“IPO Smart Pay”) as supported by HSBC’s real-time direct debit solution IPO Smart Pay is a new feature added to the Tricor IPO APP, the market’s first white form e-IPO […]

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