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Euroclear Investments – Announcement of Consent Solicitations

By asianet

THIS ANNOUNCEMENT RELATES TO THE DISCLOSURE OF INFORMATION THAT QUALIFIED OR MAY HAVE QUALIFIED AS INSIDE INFORMATION FOR THE PURPOSES OF (I) ARTICLE 7 OF THE MARKET ABUSE REGULATION (EU) 596/2014 (“EU MAR”) AND (II) EU MAR AS IT FORMS PART OF UK DOMESTIC LAW BY VIRTUE OF THE EUROPEAN UNION (WITHDRAWAL) ACT 2018 (EUWA) … Continued

Erick Thohir Paves the way for Good Corporate Governance

By asianet

Good corporate governance (GCG) can help state-owned enterprises (SOEs) increase their value, investor confidence, develop their businesses, and manage risks. Therefore, SOEs must implement GCG to fulfill their responsibility to the country, their shareholders, and the public, according to analysts. GCG involves regulating, managing, and supervising a sustainable business control process to increase share value, … Continued

CHANNEL VAS REBRANDS TO OPTASIA IN GLOBAL EXPANSION PLAN

By asianet

– Optasia Founder and Chairman, Bassim Haidar announces the company with a remarkable 10+ years track record plans to grow its global position with emphasis on emerging markets – The fintech pioneer currently provides financial access to over 560mn customers globally, with over 88m active customers performing financial transactions of over $8m daily through Optasia, … Continued

Business Leaders Warn That Ongoing Supply Chain Disruption Caused By COVID-19 Is Having A Critical Impact On The Ability To Drive Profitability

By asianet

– Recent study commissioned by Flintfox reveals that 90% of businesses are struggling to manage market fluctuations caused by Covid-19 and inflation A recent study conducted by Forrester Consulting on behalf of intelligent pricing platform, Flintfox reveals that retail, manufacturing and consumers goods companies are facing fundamental challenges in managing their profit margins, due to … Continued

Q4 & FY21 Results

By asianet

Revenue momentum accelerates, margins strong AD HOC ANNOUNCEMENT pursuant to Art. 53 Listing Rules of SIX Swiss Exchange Q4 HIGHLIGHTS – Revenues +3% sequentially, +1% yoy organic TDA1, led by Modis +14% – Gross profit +7% organic yoy; led by Adecco +7% and LHH’s Recruitment Solutions +c.35% – 20.7% gross profit margin driven by portfolio, … Continued

FunFair Technologies launches a new Blockchain Venture Capital Business

By asianet

The blockchain technology company has announced the launch of FunFair Ventures, a new programme to support early-stage blockchain projects FunFair Technologies was founded in 2017 with a mission to develop decentralised applications for igaming; they have been at the bleeding edge of blockchain development since. Their latest project, FunFair Ventures [https://funfair.ventures/], aims to plug a … Continued

CHINA EVERGRANDE GROUP

By asianet

International bondholder and DMSA file an allegation of criminal conduct against defaulted Evergrande Group For months, China Evergrande Group has been teetering on the brink of insolvency. On several occasions, China’s second-largest real estate developer, which has accumulated more than $300 billion in debt, has defaulted on interest payments on U.S. dollar bonds. Now an … Continued

GoldenTree Asset Management Hires Grady Frank as Partner in Private Credit

By asianet

GoldenTree Asset Management (“GoldenTree”), a global asset management firm with nearly $47 billion in assets under management, announced today that Grady Frank will join as a Partner of GoldenTree and the Firm’s Head of Private Credit Origination. Mr. Frank brings to GoldenTree over 20 years of experience in leveraged finance and working with private equity … Continued

Liberty Strategic Capital Leads Investment Round in BlueVoyant, an Industry-Leading Cyber Defense Platform

By asianet

Liberty Strategic Capital, a private equity firm founded and led by former Secretary of the Treasury Steven T. Mnuchin, today announced that it has entered into a definitive agreement with BlueVoyant, LLC, an industry-leading cyber defense platform, to invest a total of $125 million in the company and lead BlueVoyant’s Series D financing round of … Continued