HKIRA 3rd IR Awards 2017: Nominations Now Open!
HONG KONG — Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for HKIRA 3rd IR Awards 2017 (the Awards). The Awards presented…
MGC Pharmaceuticals Completes Takeover of Cannabis Firm Panax
MGC Pharmaceuticals (ASX:MXC) has completed the acquisition of Czech-based medical cannabis firm PANAX Pharma s.r.o. (Panax) for a still undisclosed amount. The Australian Securities Exchange-listed firm announced that pursuant to…
QMS Media Acquires 39 Billboards from Total Outdoor Media
AUSTRALIA – QMS Media Limited (ASX:QMS) has paid up to $14.5 million to acquire 39 large format billboards throughout Victoria from Total Outdoor Media (TOM). In a disclosure to the…
Doha Bank To Present Business Opportunities to Korean Firms
Doha Bank, the third-largest lender in Qatar, will be presenting business opportunities created by the country’s hosting of the 2022 FIFA World Cup to South Korean financial firms and builders.…
Japan Turns Over Weather Radar Stations to the Philippines
Japanese Ambassador Kazuhide Ishikawa turned over Appari and Guian Radar Stations to the Philippine Atmospheric Geophysical and Astronomical Services Administration (PAGASA) for the Japan-funded Improvement Project of the Meteorological Radar…
Fast Facts on Grab’s $700 Million Investment in Indonesia
Southeast Asia’s ride-hailing platform Grab is investing up to US$700 million in Indonesia over the next four years, according to the country’s Investment Coordinating Board, the Badan Koordinasi Penanaman Modal…
Malaysia’s KIP REIT Receives Strong Response from Institutional, Retail Investors
KUALA LUMPUR — Main Market-bound first hybrid community-centric retail Real Estate Investment Trust, KIP REIT, recently held its balloting ceremony at Malaysian Issuing House Sdn. Bhd.(MIH) where its 10,200,000 Offer…
New Silkroutes Group to Take 80% Stake in NY’s CG Capital Markets for US$14.4m
SINGAPORE — New Silkroutes Group Limited (“NSG”) will acquire an 80% stake in New York-based CG Capital Markets Holdings LLC (“CGCMH”) and all its subsidiaries, including FINRA-registered broker-dealer CG Capital…
VGI Global Media (SET:VGI) Declares Interim Dividends
BANGKOK — VGI Global Media PCL (SET:VGI), or VGI’s board declared interim dividends at THB 0.035 per share (approx THB 240mn in aggregate) to preserve investors’ confidence amid a q-o-q…
Japan Beefs Up Philippine Investments After PM Abe’s JPY1 Trillion Pledge
Japan’s Prime Minister Shinzo Abe recently committed to the Philippines loan funds amounting to 1-trillion-yen or P440-billion in financing and investment. The large influx of financial aid has prompted many…
CITIC Telecom CPC Completes Linx Telecommunications Acquisition
CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (“CITIC Telecom”) (SEHK: 1883) announced it has finalized the acquisition of the telecommunication…
Cebu Landmasters To Invest US$241 Million in 2017 Expansion
PHILIPPINES – Cebu Landmasters Inc (CLI), the top Cebu-based developer with the second highest market share of residential condominium units in Cebu, is projecting an investment amounting to Php12 billion…