Thursday, August 31, 2017

MHIET RECEIVES ORDER FOR 147 DIESEL GENSETS TO SERVE AS STAND-ALONE POWER SYSTEMS IN INDONESIA

-- Units Destined for 22 Districts on Kalimantan and Sulawesi --

TOKYO, Aug 30 (Bernama-BUSINESS WIRE) -- Mitsubishi Heavy Industries Engine & Turbocharger, Ltd. (MHIET), a Group company of Mitsubishi Heavy Industries, Ltd. (MHI) (TOKYO:7011), has received an order for 147 units of its MGS Series gensets, the core lineup in the company’s diesel power plant offerings, from PT PLN (Persero), a state-owned electricity provider in Indonesia. The gensets are to serve as stand-alone power systems, a mode of power supply especially useful in Indonesia, a country comprising thousands of islands. Plans call for the units to progressively go into service in 22 districts of Kalimantan and Sulawesi by mid-2018.

http://mrem.bernama.com/viewsm.php?idm=29930

ICE FUTURES SINGAPORE ANNOUNCES SINOPAC AS NEW EXCHANGE MEMBER

SINGAPORE, Aug 30 (Bernama-BUSINESS WIRE) -- Intercontinental Exchange (NYSE:ICE), a leading operator of global network of exchanges and clearing houses and provider of global data and listing services, today announced that SinoPac has been approved as a member of ICE Futures Singapore, effective immediately.

SinoPac Futures Corporation, a subsidiary of SinoPac Holdings, was founded in 1994 and specializes in conducting futures transactions for both itself and its clients.

http://mrem.bernama.com/viewsm.php?idm=29921

INTERNATIONAL ARRIVALS TO AFRICA REACH MORE THAN 18 MILLION IN 2017 - DRIVEN BY DIGITALISATION AND NICHE TOURISM

CAPE TOWN, South Africa, Aug 30 (Bernama-BUSINESS WIRE) -- Market Research Company Euromonitor International revealed today the key trends shaping travel and tourism in Africa at the 41st Annual World Tourism Conference in Kigali, Rwanda.

According to Euromonitor International's new data, international arrivals to Africa grew by 6.5 percent in 2017, to reach 18,550 million, up from 16,351 million in 2012. Key markets such as South Africa, Kenya, Nigeria, Mozambique, Cameroon, Mauritius and Tanzania accounted for 70 percent of international trips to the Sub-Saharan African region.
http://mrem.bernama.com/viewsm.php?idm=29928

NORTHERN TRUST NAMES YEN LENG ONG AS COUNTRY HEAD SINGAPORE AND HEAD OF SOUTH EAST ASIA

SINGAPORE, Aug 30 (Bernama-BUSINESS WIRE) -- Northern Trust (Nasdaq: NTRS) today announces the appointment of Yen Leng Ong as country head Singapore and head of South East Asia.

In her new role effective 1 December 2017, subject to regulatory approval, Ong will be responsible for leading Northern Trust's asset servicing business activities and driving the growth of key business lines including asset management and capital markets across the South East Asia region.
http://mrem.bernama.com/viewsm.php?idm=29926

Wednesday, August 30, 2017

LONGMEN: A MOUNTAINOUS COUNTY TURNS INTO CHINA'S EXEMPLARY ARTSY PLACE

LONGMEN, China, Aug. 30, 2017 /Xinhua-AsiaNet/--

Longmen, a mountainous county with beautiful scenery, a blend of civilization and ancient culture, has become a good example of high quality living circle based on the Guangdong-Hong Kong-Macao Greater Bay Area to build up an artsy place. Blessed with green vacation, healthy hot spring, pastoral scenery and folk customs, the flourishing tourism opens a new window for the county development. According to statistics, the annual tourism revenue of Longmen reached 4.93 billion RMB in 2016, with a year-on-year growth of 34.3%.

Subordinated to Guangdong province, Longmen, a historical county lying in the core zone of the Guangdong-Hong Kong-Macao Greater Bay Area, is known as "an oasis on the Tropic of Cancer". As a mountainous county with hills accounted for more than 73% of the total area, and the forest coverage rate of 76.6%, Longmen enjoys the names of "the most beautiful cultural and ecological tourism county" and "hometown of Chinese folk culture and art", and is one of the best areas in the Pearl River Delta in terms of ecological environment. All these culture evolutions have been significantly marked down by the farmer painting.

http://mrem.bernama.com/viewsm.php?idm=29922

HDC'S CEO TAKES THE BRANDLAUREATE MOST EMINENT BRAND ICON LEADERSHIP AWARD IN HALAL INDUSTRY


KUALA LUMPUR, Aug 29 (Bernama) -- Halal Industry Development Corporation (HDC), an agency under the Ministry of International Trade and Industry announced today that its Chief Executive Officer / Managing Director, Dato’ Seri Jami Bidin, has received the award of the “Most Eminent Brand ICON Leadership Award during the BrandLaureate Brand ICON Leadership Awards 2017 held here on 28 August 2017.

This award acknowledges Dato’ Seri Jamil’s vision, dedication and commitment towards helming the development of Malaysia’s Halal Industry.

HDC’s relentless efforts in developing this industry started in 2006 when it was established.  It then embarked on the Halal Industry Development Master Plan (HIMP) 2008-2020, aiming to drive Halal as a new source of economic growth. This is in line with the Government’s efforts to diversify our economic activities of which Halal exports now has contributed to 7% of total exports value and is increasing yearly.

Credit also goes to our former Prime Minister YABhg Tun Abdullah Badawi who was instrumental in providing leadership to promote the Halal agenda in Malaysia and also throughout the world.

According to HDC’s CEO, Malaysia and HDC will not rest on its laurels and will continue to be committed towards developing the halal sector and intensifying high valued-added activities within the industry. The country spotted the potential of the Halal economy very early on, and over the decades has nurtured a Halal eco-system that has placed Malaysia in the forefront of this burgeoning industry.

Malaysia is also committed in the pursuit of Halal Agenda and this is reflected through the formation of the National Halal Council which is chaired by YAB Dato’ Sri Dr. Ahmad Zahid Hamidi, the Deputy Prime Minister of Malaysia. Our approach is holistic, our mission is singular: to make Malaysia the Global Halal leader.

ABOUT HALAL INDUSTRY DEVELOPMENT CORPORATION SDN BHD (HDC)

Halal Means Business

The Halal Industry Development Corporation (HDC) was established on 18 September 2006 to coordinate the overall development of the Halal industry in Malaysia. HDC is an agency under the Ministry of International Trade and Industry (MITI).

HDC is Malaysia's holistic response to the worldwide demand for better quality products and services as consumers gain confidence in the Halal process. Its key thrusts are to promote Halal standards; facilitate capacity- building for halal products and services; promote growth and participation of Malaysian companies in the trillion dollar global halal market. Today, there is an estimated population of 1.8 billion Muslims worldwide. The global halal market is currently estimated at USD2.3 trillion covering both food and non-food sectors.

Tuesday, August 29, 2017

A.M. BEST COMMENTS ON CREDIT RATINGS OF FIRST CAPITAL INSURANCE LIMITED

SINGAPORE, Aug 30 (Bernama-BUSINESS WIRE) -- A.M. Best has commented that the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of First Capital Insurance Limited (First Capital) (Singapore) remain unchanged following the recent announcement that the company will be acquired.
 
Mitsui Sumitomo Insurance Company, Limited will acquire a 97.7% stake in First Capital from Fairfax Financial Holdings Limited. Funding for the acquisition is expected to come from cash-on-hand. First Capital’s day-to-day operations are likely to continue as normal in the near term.
 
The transaction remains subject to regulatory approval and is expected to close in the first quarter of 2018. A.M. Best will continue to hold discussions with management and shareholders of the company to monitor the acquisition progress.

http://mrem.bernama.com/viewsm.php?idm=29918

IE EXPO GUANGZHOU 2017 TO OPEN IN SEPTEMBER, BRINGING LATEST TECHNOLOGIES AND MORE OPPORTUNITIES TO SOUTHEAST ASIA'S ENVIRONMENTAL MARKET

SHANGHAI, Aug 29 (Bernama-BUSINESS WIRE) -- IE expo Guangzhou 2017South China’s leading environmental technology expo for water, waste, air and soil, will open on September 20-22 at China Import & Export Fair Complex, Guangzhou, China. Presented by IE expo and Guangdong Association of Environmental Protection Industry, IE expo Guangzhou was admitted as a formal member of IFAT in 2016 and is committed to building a trade platform with high quality and professionalism in the environment sector targeting South China and Southeastern Asia markets.
 

This year, with an exhibition area of 30,000m2, it is expected to attract over 30,000 professional purchasers and 450 exhibitors displaying products and technologies in 15 categories including water & sewage treatment, water distribution & sewers, sponge city technologies & products, waterbody protection, refuse management & recycling, air purification & cleaning, noise reduction & sound insulation, soil & groundwater remediation, etc.

In addition, the Innovation Technology Conference, which comprises the main forum and multiple summits and seminars focusing on various issues like South China Water Pollution Prevention & Control, Guangdong Key Industries Volatile Organic Compound (VOCs) Control & Monitoring Technology, Environmental Sanitation Development, Environmental Investment & Financing Innovation Policy, etc. will also be held to discuss a wide range of topics and share insights on the latest development and trend in the environment sector. In particular, three business matchmaking meetings and an international B2B meeting will be arranged to attract delegations from Southeast Asia, Europe, North America, South America and Africa. 

ABIOMED ANNOUNCES RESIGNATION OF CHIEF FINANCIAL OFFICER AND WELCOMES BACK FORMER CHIEF FINANCIAL OFFICER AS CONSULTANT

DANVERS, Mass., Aug 29 (Bernama-GLOBE NEWSWIRE) -- Abiomed, Inc. (NASDAQ:ABMD), a leading provider of breakthrough heart support and recovery technologies, announced today that it has accepted the resignation of its Chief Financial Officer, Michael Tomsicek, effective August 24, 2017.  After two years, Mr. Tomsicek is leaving the Company to pursue other interests.

While the Company performs its external search to identify a replacement for Mr. Tomsicek, the Company’s former Chief Financial Officer, Robert Bowen, will return from retirement to support the organization as a consultant until a new CFO has been recruited and hired. Mr. Bowen served as the Company’s CFO from December 2008 to July 2015, during a period of substantial growth for the Company and advised the Company in a consulting role for one year following his retirement.

Ian McLeod, Company Vice President and Corporate Controller, will perform the functions of principal financial officer and principal accounting officer on an interim basis until a permanent CFO has been hired. Mr. McLeod has been employed at the Company for the last ten years and has served as an outstanding Corporate Controller during that period.

“We wish Mike Tomsicek all the best as he explores other opportunities and thank him for maintaining high standards of financial compliance and quality," said Michael R. Minogue, Chairman, President and Chief Executive Officer, Abiomed. "We also welcome back Bob Bowen, who has been instrumental to Abiomed's success over nearly the last decade."  

SUNDANCE ENERGY AUSTRALIA LIMITED PROVIDES PRODUCTION UPDATE FOLLOWING HURRICANE HARVEY

DENVER, Aug 29 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, shut in approximately 75% of its Eagle Ford production on Friday, August 25, 2017 in the United States to ensure the safety its local employees and protect from potential environmental and equipment damage due to Hurricane Harvey.  Forecasted high winds of over 140 miles per hour and over 40 inches of rain are expected to cause catastrophic flooding.  The hurricane has caused the majority of midstream and downstream natural gas and crude oil infrastructure to be shut down across the Texas Gulf Coast.

http://mrem.bernama.com/viewsm.php?idm=29911

Monday, August 28, 2017

PALO ALTO STARTUP 8TH WALL LAUNCHES CROSS-PLATFORM TOOLS FOR MOBILE AR

8th Wall XR provides a single solution for developing AR apps on all iOS and Android phones
 
PALO ALTO, Calif., Aug. 29 (Bernama-GLOBE NEWSWIRE) -- 8th Wall, Inc. announced today 8th Wall XR, the world's first Augmented Reality (AR) platform that works on all commonly available iOS and Android phones and integrates seamlessly with ARKit (Apple) and Tango (Google).
 
A photo accompanying this announcement is available at http://www.globenewswire.com/NewsRoom/AttachmentNg/51163dc6-2e25-4f8d-a653-d797786f1e26
 
Founded in August 2016, 8th Wall is a Palo Alto startup made up of an all-star team of ex-Google and Facebook engineers with extensive experience in computer vision, machine learning and product development. Passionate about AR, the team believes that the shift to widespread AR adoption will start with today's mobile phones. As a result they have been working on a suite of native tools that make it effortless to develop AR applications for mobile.

http://mrem.bernama.com/viewsm.php?idm=29910

A.M. BEST REVISES OUTLOOKS TO STABLE FOR PVI REINSURANCE JOINT-STOCK CORPORATION

SINGAPORE, Aug 28 (Bernama-BUSINESS WIRE) -- A.M. Best has revised the outlooks to stable from positive and affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of PVI Reinsurance Joint-stock Corporation (PVI Re) (Vietnam).

In April 2013, A.M. Best revised the outlooks to positive from stable in consideration of plans for capital injections into PVI Re. Since then, the company’s capital position has been well below the levels presented originally. The company’s presence in Vietnam’s reinsurance market remains limited, and it relies significantly on its sister company, PVI Insurance Corporation (PVI Insurance), for business volumes. At the same time, the environment for oil- and gas-related insurance business has become increasingly challenging due to low energy prices. The revision of the outlooks to stable from positive reflects these developments.

http://mrem.bernama.com/viewsm.php?idm=29902

USERS RECOMMEND HMINERS MINING RIGS FOR FAST AND GUARANTEED ROI

Hminers, a trusted manufacturer of cryptocurrency mining products, has recently hit the headlines with their three multi-algorithm mining rigs. Numerous users have already recommended these products for a guaranteed return on investment within less than a month.

MIAMI, Aug 28 (Bernama-GLOBE NEWSWIRE) -- Hminers continues to strengthen their position in the rapidly growing global industry for cryptocurrencies, with their advanced range of mining rigs. Within a relatively short lifespan in the highly competitive market, three extremely efficient mining rigs from the company have received a promising response from several users. These users suggest that the mining rigs from www.Hminers.com have provided them fast and guaranteed return on their investment.

http://mrem.bernama.com/viewsm.php?idm=29901

Saturday, August 26, 2017

WEWORK RECEIVES $4.4 BILLION INVESTMENT FROM SOFTBANK GROUP AND SOFTBANK VISION FUND

NEW YORK, Aug 25 (Bernama-BUSINESS WIRE) -- Today, WeWork Companies (“WeWork”) announced an agreement for a $4.4 billion investment from the SoftBank Group (“SoftBank”) and the SoftBank Vision Fund (“Vision Fund”).

This investment will accelerate WeWork’s ability to connect more people to WeWork's global community, which currently stands at approximately 150,000 members, as well as further expand WeWork’s physical presence across the globe.

http://mrem.bernama.com/viewsm.php?idm=29892


Friday, August 25, 2017

GRAMINEX L.L.C. OPENS NEW OFFICE IN SEOUL, KOREA, GRAMINEX KOREA CO., LTD.

SAGINAW, Mich., Aug 25 (Bernama-BUSINESS WIRE) -- Graminex® LLC, producer of Graminex® Flower Pollen Extracts™, is pleased to announce the opening of Graminex® Korea Co., Ltd. Sun-Ho Frank Kim, Ph.D. has been appointed Managing Director of the local office in Seoul, Korea.
 
Dr. Sun-Ho Frank Kim has extensive international experience in the pharmaceutical, dietary supplement and food industries. Prior to joining Graminex®, Dr. Sun-Ho Frank Kim, held the position of Director at Kunpoong Bio, Branch Manager at US based TSI Health Science and Business Executive Advisor at CJ CheilJedang, developing and implementing sales and marketing strategies. Additionally, Dr. Sun-Ho Frank Kim, brings his scientific background and KFDA experience to Graminex®. Dr. Sun-Ho Frank Kim earned a Doctor of Science degree in Biomaterial Sciences from Yonsei University, Korea.

http://mrem.bernama.com/viewsm.php?idm=29887

A.M. BEST COMMENTS ON CREDIT RATINGS OF MITSUI SUMITOMO INSURANCE COMPANY, LIMITED

HONG KONG, Aug 25 (Bernama-BUSINESS WIRE) -- A.M. Best has commented that the Financial Strength Rating of A+ (Superior) and the Long-Term Issuer Credit Rating of “aa” of Mitsui Sumitomo Insurance Company, Limited (MSI) (Japan) remain unchanged following its announced acquisition of First Capital Insurance Limited (First Capital).

This Credit Rating (rating) commentary follows MS&AD Insurance Group Holdings, Inc.’s (MS&AD) announcement on Aug. 24 2017, that its wholly owned subsidiary, MSI, has entered an agreement to acquire a 97.7% stake in First Capital from Fairfax Financial Holdings Limited.

http://mrem.bernama.com/viewsm.php?idm=29891

HERBALIFE NUTRITION EXTENDS TITLE SPONSORSHIP FOR BALI INTERNATIONAL TRIATHLON 2017

JAKARTA, Indonesia, Aug 24 (Bernama-BUSINESS WIRE) -- Global nutrition company, Herbalife has been named as the title sponsor of the Bali International Triathlon for the third consecutive year. Called the Herbalife Bali International Triathlon 2017, the event will be held at Mertasari Beach in Sanur, Bali on Sunday, October 15.

"We are proud to return as the title sponsor of the Bali International Triathlon for the third time running. The sports sponsorship exemplifies our commitment to a healthy, active life, supported by good nutrition," said Shobie Ann King, Vice President, Southeast Asia at Herbalife Nutrition. "We have been supporting the Bali International Triathlon since its inception in 2007, and are delighted to see the event has grown from strength to strength. We look forward to working closely with the organisers to spread our messages on good nutrition to as many people as possible."
http://mrem.bernama.com/viewsm.php?idm=29883

PAYBYPHONE APPOINTS FRANCIS DUPUIS AS NEW CEO

VANCOUVER, British Columbia, Aug 24 (Bernama-GLOBE NEWSWIRE) -- PayByPhone, the global leader in mobile parking payments, today announced that it has appointed Francis Dupuis as President and Chief Executive Officer effective August 23rd, 2017. Kush Parikh, former President and CEO, has stepped down from the role after his successful 3.5-year term with the business. During his time at PayByPhone, Kush led the business to profitability, established a strong focus on end customers and was pivotal in its ground-breaking sale to Volkswagen Financial Services.


"With more than 20 years of experience in the software industry and a deep product background, Francis is exactly the kind of leader we need to further grow and innovate in the parking market on an international scale," said Stefan Imme, Head of M&A and Investment Management at Volkswagen Financial Services AG.
http://mrem.bernama.com/viewsm.php?idm=29880

Thursday, August 24, 2017

HELLMANN'S TEAMS UP WITH STARTUP QUIQUP TO ENGAGE WITH A NEW MILLENNIAL AUDIENCE

Hellmann's tests new direct-to-consumer model with on demand delivery service Quiqup in a collaboration connected by Unilever Foundry

LONDON, Aug 24 (Bernama-BUSINESS WIRE) -- Global dressings brand, Hellmann's, has partnered with on-demand delivery startup Quiqup to deliver fresh ingredients to consumers at the click of a finger.

Launching its first foray into the direct-to-consumer space, Hellmann's is working with Quiqup to launch on-demand recipe delivery via the Quiqup platform and app. Targeting shoppers who are likely to make 'impulse purchases', the service allows consumers to choose their favourite recipe and get all the fresh ingredients delivered to them directly within an hour.
http://mrem.bernama.com/viewsm.php?idm=29877

INTERNATIONAL BODY POSITIVE MENTOR, ARABELLA S. RUBY, LAUNCHES NEW FASHION COLLECTION UNDER THE XEHAR BRAND, ARABELLA BY XEHAR

Xehar’s successful ambassador marketing campaign continues to drive online sales while spreading body positive messages among millennials around the world

PLAYA VISTA, Calif., Aug 24 (Bernama-GLOBE NEWSWIRE) -- Today Xehar launches their newest collection Arabella by Xehar, an edgy and contemporary plus size fashion line targeting progressive millennials. High demand for Xehar’s custom clothing lines can be seen by the recent collection Laura by Xehar, which sold out in a record 10 days. Xehar has developed a proven method in creating collections inspired by Body Positive Mentors who have a significant social media following.

http://mrem.bernama.com/viewsm.php?idm=29878

A.M. BEST AFFIRMS CREDIT RATINGS OF EQ INSURANCE COMPANY LIMITED

SINGAPORE, Aug 24 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B++ (Good) and the Long-Term Issuer Credit Rating of “bbb+” of EQ Insurance Company Limited (EQ) (Singapore). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect EQ’s adequate risk-adjusted capitalization, which has benefited from capital injections by its parent company, Citystate Capital Asia Pte. Ltd. EQ’s capital position grew by a cumulative average of approximately 7% in the five years ending Dec. 31, 2016. Its risk-adjusted capitalization is supported by low underwriting leverage and prudent investments that are held predominantly in cash and bonds.

http://mrem.bernama.com/viewsm.php?idm=29879

A.M. BEST AFFIRMS CREDIT RATINGS OF ROYAL INSURANCE CORPORATION OF BHUTAN LIMITED

SINGAPORE, Aug 24 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of B+ (Good) and the Long-Term Issuer Credit Rating of “bbb-” of Royal Insurance Corporation of Bhutan Limited (RICB) (Bhutan). The outlook of these Credit Ratings (ratings) is stable.
 
The ratings reflect RICB’s adequate risk-adjusted capitalization, established business profile within its domestic market and track record of strong operating performance. RICB is the larger of the two insurance companies in Bhutan, holding a dominant share of the country’s non-life market and a monopoly in its life insurance market.
 
The company’s strong operating performance is driven primarily by its favorable investment income and positive underwriting results. Investment income comprises primarily interest income from RICB’s sizable portfolio of loans and advances.

http://mrem.bernama.com/viewsm.php?idm=29881

INVESTMENT INTO VISTAJET VALUES THE BUSINESS IN EXCESS OF $2.5 BILLION

Investment from private equity firm Rhône Capital

LONDON, Aug 23 (Bernama-GLOBE NEWSWIRE) -- VistaJet today announces that it has signed a ground breaking transaction with investment funds affiliated with Rhône Capital, which have invested $150 million of cash into the business. Together with secondary acquisitions, Rhône will have a $200 million stake in VistaJet, in a transaction valuing VistaJet’s equity on a post-money basis in excess of $2.5 billion. The investment is another key milestone in VistaJet’s growth story and a major vote of confidence in the Company’s strategy and business model.
http://mrem.bernama.com/viewsm.php?idm=29871

INCREASED DIGITALISATION WILL BOOST SALES OF ELECTRONICS TO REACH ALMOST 700 BILLION DOLLARS IN 2022

SINGAPORE, Aug 23 (Bernama-BUSINESS WIRE) -- Euromonitor International released today new data on the global consumer electronics industry.

According to the new research, consumer electronics sales will grow by 4.4 percent in the next five years, reaching 699.8 billion dollars by 2022. Emerging markets such as China and India will lead this growth, driven by a fast-growing middle class and their growing income.
http://mrem.bernama.com/viewsm.php?idm=29864

Wednesday, August 23, 2017

NASDAQ OFFERS PROPRIETARY U.S. EQUITY DATA FEEDS FROM EQUINIX DATA CENTER IN LONDON

NEW YORK and LONDON, Aug 23 (Bernama-GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq:NDAQ) has announced the availability of proprietary U.S. equity feeds from Equinix’s London International Business Exchange™ (IBX®) data center — LD4 — located in Slough, U.K. As part of Nasdaq’s efforts to bring U.S proprietary equities data to a larger audience, Nasdaq now offers Nasdaq TotalView and Nasdaq Basic from LD4. Nasdaq Basic combines Nasdaq Best Bid and Offer (QBBO), with either Nasdaq Last Sale (NLS), or Nasdaq Last Sale Plus (NLS Plus).

“We continue to focus on working closely with our clients around the world in order to help them gain secure, efficient access to our markets,” said Jeff Kimsey, Head of Global Data Products, Nasdaq. “Buy-and sell-side clients based in the U.K. can now access our U.S. data products directly from the exchange through the Equinix LD4 data center.”

http://mrem.bernama.com/viewsm.php?idm=29873

PATTON AMONG TOP TEN 2017 UC SOLUTIONS PROVIDERS

Patton offers a unique set of competencies and capabilities that help companies bring their UC dreams into reality

GAITHERSBURG, Md., Aug 23 (Bernama-GLOBE NEWSWIRE) -- Patton Electronics—US manufacturer of UC, cloud, and IoT enabling solutions for carrier, enterprise and industrial networks—has been named among the top ten unified communications (UC) solutions providers according to InsightsSuccess magazine.

Patton is doing some unusual things that no other network equipment manufacturer does to enable UC implementations.

http://mrem.bernama.com/viewsm.php?idm=29865

MANUPORT LOGISTICS USES DESCARTES FOR SOLAS COMPLIANCE

LIER, Belgium, Aug 23 (Bernama-GLOBE NEWSWIRE) -- Descartes Systems Group (Nasdaq:DSGX) (TSX:DSG), the global leader in uniting logistics-intensive businesses in commerce, announced that Manuport Logistics in Belgium is using the Descartes Verified Gross Mass™ (Descartes VGM™) solution to help its customers comply with the International Convention for the Safety of Life at Sea (SOLAS) regulations for container weight requirements.
 
“The long-standing relationship Manuport has with Descartes played an important role in our selection of the Descartes VGM solution; however, it was the rapid implementation capabilities that really differentiated Descartes,” said Luc Geerts, Strategic Accounts Manager at Manuport Logistics. “In addition, Descartes has an impressive track record in networked communication and the Descartes VGM solution uses a similar Descartes standard message format as we do for managing shipments. In the maritime industry where messaging standards are limited, Descartes greatly simplifies the process of communicating with different stakeholders in our supply chain.”

http://mrem.bernama.com/viewsm.php?idm=29863

BLUJAY SOLUTIONS RAISES UP TO $500 MILLION NEW FINANCING TO DRIVE ACCELERATED GROWTH

MANCHESTER, England, Aug 22 (Bernama-BUSINESS WIRE) -- BluJay Solutions, a leading provider of supply chain software and services powered by the world’s first Global Trade Network, has raised a significant new financing facility from TPG Specialty Lending and BlueBay Asset Management’s Private Debt Group. The capital will bolster BluJay’s continued expansion of its market-leading Global Trade Network and help accelerate growth. In addition, the facility allows for $200 million of additional capital to finance acquisitions as BluJay continues to expand its market-leading software solutions.
 
“Our Global Trade Network has been widely accepted by companies around the globe,” said Doug Braun, BluJay Solutions CEO. "They understand the power and vision of bringing thousands of supply chain participants into a single network and workflow. We are winning more deals because our Global Trade Network is resonating, and this new financing will allow us to accelerate our expansion plans.”

Over the past 18 months, the Company has attained significant milestones:
  • Achieved record revenue and double-digit organic growth
  • Fully integrated its product portfolio, delivering a seamless customer experience and a modern, intuitive user interface;
  • Completed and fully integrated the acquisitions of LeanLogistics and Blackbay, solidifying the Company’s leadership in SaaS TMS and bringing a next-generation, last-mile mobility solution into the product portfolio;
  • Added 269 new customers across 18 countries on four continents;
  • Continued to invest heavily in its products and people – BluJay now has over 1,100 people across the organization, including 400 in engineering and product development.
“We are proud of our success. Our focus is and will always be delivering value to our customers. We measure our success by theirs,” said Braun. “This financing event provides further flexibility with respect to future acquisitions as we seek to continuously improve our Global Trade Network, reach new markets, and add new services – ultimately driving value for our customers.”

About BluJay Solutions
BluJay Solutions delivers supply chain software and services to the world’s most progressive retailers, distributors, freight forwarders, manufacturers, and logistics service providers. Transforming supply chain logistics with the BluJay Global Trade Network, we enable customers to unlock the power of more than 40,000 universally connected partners. With BluJay, companies can achieve greater trade velocity, transform their supply chain economics for disruptive advantage, and see beyond the horizon to optimize their future in the global economy. To learn more, visit: www.blujaysolutions.com, or follow us on Twitter at @myblujay and LinkedIn.

Contacts
BluJay Solutions
Tara Lefave Stred, +1-781-418-2400
BluJayUS@teamlewis.com
 
Source: BluJay Solutions
 
View this news release online at:
http://www.businesswire.com/news/home/20170821005503/en

--BERNAMA

Tuesday, August 22, 2017

SHANGHAI CALLING! SHAKE SHACK IS SHANGHAI BOUND

New York’s Beloved Burger, Hot Dog and Frozen Custard Stand Heads to Mainland China

NEW YORK, Aug 22 (Bernama-BUSINESS WIRE) -- Come on by, Shanghai! Shake Shack’s expansion plans in Asia are heating up. After announcing in July that the first-ever Hong Kong location will open in 2018, plans are now underway for Shake Shack Inc. (“Shake Shack” or the “Company”) (NYSE:SHAK) and its licensee, Maxim’s Caterers Limited, to open the first restaurant in mainland China by 2019.

Maxim’s Caterers Limited has more than 60 years of experience in food and retail as a diversified operator of full-service and quick-service restaurants, bakeries, and coffee shops in Asia. As a highly respected and proven operator, Maxim’s is perfectly fit to bring Shake Shack to Shanghai and Shake Shack is proud to partner with Maxim’s Caterers Limited to open 25 total Shacks in Shanghai and East China through 2028.

http://mrem.bernama.com/viewsm.php?idm=29857

GENESIS HEALTHCARE, PIONEER IN GENETIC HEALTH TESTING, ANNOUNCES 1.4 BIL. YEN NEW SHARE ISSUE TO RAKUTEN

TOKYO, Aug 21(Bernama) -- 
 
Genesis Healthcare Co. has announced the completion of a new share issue worth 1.4 billion yen for allotment to Rakuten Inc. Furthermore, Rakuten's Chairman and CEO will join Genesis Healthcare's Board of Directors as an External Board Director. As a result of the new stock offering, Genesis Healthcare's capital has increased to 2.1 billion yen, one of the largest paid-in-capital levels among genetic testing companies in Japan.

Genesis Healthcare, founded in 2004, already manages one of the largest genetic databases in Asia and Japan, with data of approximately 520,000 individuals as of August, 2017, and plans to increase its database size to one million by 2020. While Genesis Healthcare offers various genetic testing services to the government, medical community, academia, industry and consumers, it also offers healthcare and disease prevention test kits and IT services under the consumer brand "GeneLife" in order to enrich people's lives through personalized genetic testing.

Genesis Healthcare's Co-Founder and President, Dr. Iri Sato Baran, commented: "The investment by Rakuten, a Japan leader in Internet services, will allow us to increase awareness of genetic information technology through digital healthcare for the betterment of personalized health and self-medication."

"Forward-thinking technologies like Genesis Healthcare's genetic health analysis and a deeper understanding of responsible self-medication are essential to finding innovative responses to increasing health costs and the rising awareness of health issues in Japan," commented the Rakuten Chairman and CEO, Hiroshi "Mickey" Mikitani. "With this investment, we would like to see Genesis Healthcare take a leading role in furthering the understanding and adoption of genetic health testing in Japan."

http://mrem.bernama.com/viewsm.php?idm=29849

A.M. BEST ASSIGNS ISSUER CREDIT RATING TO CBL CORPORATION LIMITED

SINGAPORE, Aug 21 (Bernama-BUSINESS WIRE) -- A.M. Best has assigned a Long-Term Issuer Credit Rating (rating) of “bbb-” to CBL Corporation Limited (CCL) (New Zealand). The outlook assigned to the rating is stable.

CCL is a listed company on the Australian Securities Exchange and the New Zealand Stock Exchange. The lead insurance subsidiary within this group is CBL Insurance Limited (CBL), a non-life insurer that specializes in writing building- and construction-related credit and financial surety insurance, bonding and reinsurance.

CCL’s rating reflects the use of typical notching from CBL’s current rating, which is “a-”, with a stable outlook. On a consolidated basis, CCL maintains moderate financial leverage, and A.M. Best expects CCL’s interest coverage ratios to continue to support its guideline for the assigned rating.

Factors that may lead to negative rating actions for CCL include deterioration in operating performance in the subsidiary insurance operations or a decrease in CBL’s risk-adjusted capitalization to a level that would no longer support its current ratings.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication. 

Monday, August 21, 2017

A.M. BEST AFFIRMS CREDIT RATINGS OF CHINA BOCOM INSURANCE COMPANY LIMITED

HONG KONG, Aug 21 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of "a-" of China BOCOM Insurance Company Limited (CBIC) (Hong Kong). The outlook of these Credit Ratings (ratings) remains stable.

The rating affirmations reflect CBIC's excellent risk-adjusted capitalization and the strong ties it has had with its banking parent, Bank of Communications Co., Ltd. (BOCOM), since its inception in 2000.
http://mrem.bernama.com/viewsm.php?idm=29844

Friday, August 18, 2017

HMINERS DISRUPTS THE CRYPTOCURRENCY MARKET WITH POWERFUL, MULTI-ALGORITHM MINING RIGS

Hminers continues to hit the headlines in the rapidly expanding global market for cryptocurrency. The Miami-based company has recently introduced three extremely powerful, multi-algorithm mining rigs that have been designed to provide maximum hash rate with minimum power consumption.

MIAMI, Aug 18 (Bernama-GLOBE NEWSWIRE) -- In their relentless efforts to deliver state-of-the-art products related to cryptocurrency, Hminers has recently launched three brilliantly designed bitcoin mining rigs. The unique features and capabilities of the company’s new H2U Miner, H4U Miner, and Rack Equipped with 5 x H4U have already grabbed the attention of the cryptocurrency enthusiasts and experts around the world. An organization with a rich tradition, Hminers (www.hminers.com) is recognized in the industry as the creator of the first ever 10 nm ASIC Chip in the world.

http://mrem.bernama.com/viewsm.php?idm=29843

MONSTAR LAB ANNOUNCES JPY 700 MILLION (US$6.3 MILLION) FUNDRAISE TO FUEL ITS GLOBAL EXPANSION

TOKYO, Aug 18 (Bernama-BUSINESS WIRE) -- Monstar Lab, Inc., a leading Japanese software development firm, has announced that it has raised JPY 700 million (US$6.3 Million) in a new round of equity financing from lead investors YJ Capital Inc., Shinsei Corporate Investment Limited, San-In Chuo Television Broadcasting Co., Ltd., Fenox Venture Capital and Tanabe Corporation, together with further investments from existing shareholders.

Monstar Lab is a leading producer of consumer and enterprise mobile apps, business software, and IoT and AR/VR applications, each customized for particular client use cases.

http://mrem.bernama.com/viewsm.php?idm=29840

RedHill Biopharma Announces U.S. Commercialization Agreement for FDA-Approved GI Product Esomeprazole Strontium Delayed-Release Capsules

- RedHill was granted the exclusive rights to promote Esomeprazole Strontium Delayed-Release (DR) Capsules to gastroenterologists in certain U.S. territories        

- Esomeprazole Strontium DR Capsules 49.3 mg is an FDA-approved, proprietary, prescription proton pump inhibitor (PPI), indicated for adults for the treatment of gastroesophageal reflux disease (GERD) and other gastrointestinal (GI) conditions

- RedHill expects to initiate the U.S. promotion of Esomeprazole Strontium DR Capsules 49.3 mg in the coming weeks

- Esomeprazole Strontium DR Capsules 49.3 mg will be the third commercial GI product to be promoted by RedHill in the U.S.

- RedHill’s GI-focused sales force currently promotes two GI specialty products in the U.S., Donnatal® and EnteraGam®, setting the stage for the potential launch of RedHill’s late clinical-stage GI products, if approved by the FDA

- PPIs are one of the most commonly prescribed class of medications in the U.S., with an estimated market value exceeding $20 billion in 2016

TEL-AVIV, Israel and RALEIGH, N.C., Aug 18 (GLOBE NEWSWIRE) -- RedHill Biopharma Ltd. (NASDAQ:RDHL) (Tel-Aviv Stock Exchange:RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company primarily focused on late clinical-stage development and commercialization of proprietary, orally-administered, small molecule drugs for gastrointestinal and inflammatory diseases and cancer, today announced that it has entered into a commercialization agreement with ParaPRO LLC (“ParaPRO”), an Indiana-based specialty pharmaceutical company, granting RedHill the exclusive rights to promote Esomeprazole Strontium Delayed-Release Capsules to gastroenterologists in certain U.S. territories.

Esomeprazole Strontium DR Capsules 49.3 mg is a prescription proton pump inhibitor (PPI) indicated for adults for the treatment of gastroesophageal reflux disease (GERD), risk reduction of NSAID-associated gastric ulcer, H. pylori eradication to reduce the risk of duodenal ulcer recurrence and for pathological hypersecretory conditions, including Zollinger-Ellison syndrome1. Esomeprazole Strontium DR Capsules 49.3 mg is a proprietary prescription drug approved by the FDA under a New Drug Application (NDA).

Source : RedHill Biopharma Ltd.

KEIO PLAZA HOTEL TOKYO STARTS "IKEBANA" FLOWER ARRANGEMENT WORKSHOPS

Instructed by Artist Hiroki Maeno for Overseas Guests

TOKYO, Aug 17 (Bernama-BUSINESS WIRE) -- Keio Plaza Hotel Tokyo, one of Japan’s most prestigious international hotels located in Shinjuku, Tokyo, starts special 45 minute classes to teach overseas guests about “Ikebana” flower arrangement which will be held on every other Thursday beginning from August in a private room for JPY3,000 per participant. Instruction and commentary will be provided by the renowned flower arrangement artist Hiroki Maeno.

Flower arrangement artist Hiroki Maeno has created special and unique flower arrangements for display in the main lobby of our hotel with each change of the seasons, four times a year. His newest flower arrangement will be 2.7 meters wide by 5 meters tall and made from bamboo, greeneries and white enkianthus, which are symbolic of cool in Japan, to provide aesthetic relief from the summer heat. This arrangement will be displayed from August 4 to 18, 2017 for all hotel guests to enjoy. The Keio Plaza Hotel has offered “Ikebana” flower arrangement workshops to guests staying at our hotel on an ad hoc basis until now, but in response to strong demand we will now begin offering these workshops on a regular basis and to a wider audience that includes visitors not staying at our Hotel. 

​TIME TO VISIT THE SPECTACULAR RED BEACH

PANJIN, Liaoning, Aug 17 (Bernama) -- 
 

The second edition of "Red Beach Cup" International Youth Art Festival kicked off on August 14 in the Red Beach National Scenic Corridor, a spectacular tourist attraction located in the northeastern Chinese city of Panjin. More than 200 young people from China, Russia, the United States and other 11 countries participated in the event.

The Panjin Red Beach National Scenic Corridor sits on the bank of Liaohe River and the shore of Bohai Bay. It is the largest red wetland in the world, characterized by unique red coastline, abundant wetland resources and thick reed marshes.

The "Red Beach" is a AAAA scenic spot, the country's second highest rate for tourist attractions. It receives more than 1 million domestic and foreign visits every year, entertaining its guests with a boundless stretch of flaming beach, tens of thousands of happy waterfowls and a vast rippling sea of reeds. What a perfect combination of natural scenery and human landscape!

The marvelous view is born thanks to seepweed, which covers the marshland and turns red every summer and autumn after penetration of alkali and being soaked with saline. A sea of red stretches in never-ending line.

Another selling point is the world's biggest reed marsh wetland, which is home to a variety of wild animals and plants. Here you can see a trestle bridge wind its way to the sea and melt into the sky, liking a wave heading for the high sea. While walking on the bridge, you can enjoy the sight of the red beach and reed marshes on your two sides, hear the singing of migrant birds and feel the natural power of the vast sea.

http://mrem.bernama.com/viewsm.php?idm=29835

Thursday, August 17, 2017

EVERISE AND LEADING KOREAN BPO FIRM UBASE SIGN MOU FOR JOINT VENTURE

Singapore-based JV will focus on cross-selling for both firms and set up a multi-lingual, cross shoring hub in Malaysia

SEOUL & KUALA LUMPUR, Malaysia, Aug 17 (Bernama-BUSINESS WIRE) -- Everise, a partnership between Sunrise and Everstone, has signed an MoU with UBASE, a leading Korean BPO service company, to create a joint venture that will be based in Singapore. This joint venture aligns two unique BPO companies to provide an unparalleled global service experience.

Through Everise's operating unit, C3/CustomerContactChannels, UBASE will be able to expand its offerings to include English speaking call centre services based in the Far East. Similarly, C3 will be able to provide support to its clients, through UBASE, in the U.S. looking for services in Japanese, Chinese and Korean.
http://mrem.bernama.com/viewsm.php?idm=29827

SUNDANCE ENERGY AUSTRALIA LIMITED PRESENTING AT ENERCOM'S THE OIL AND GAS CONFERENCE 22

DENVER, Aug 16 (Bernama-GLOBE NEWSWIRE) -- Sundance Energy Australia Limited (ASX:SEA) (NASDAQ:SNDE) (“Sundance” or the “Company”), a U.S. onshore oil and gas exploration and production company focused in the Eagle Ford in South Texas, is pleased to announce its CEO and Managing Director, Eric McCrady will be presenting at EnerCom’s The Oil and Gas Conference 22 taking place in Denver, Colorado, August 13-17. 

Sundance is scheduled to present on Wednesday 16 August at 10:55 am (US MDT).  The presentation will be available on the Sundance website, www.sundanceenergy.com.au or alternatively can be accessed via www.theoilandgasconference.com/togc-webcast/sea/

About Sundance Energy Australia Limited
Sundance Energy Australia Limited (“Sundance” or the “Company”) is an Australian-based, independent energy exploration company, with a wholly owned US subsidiary, Sundance Energy Inc., located in Denver, Colorado, USA.

The Company is focused on the acquisition and development of large, repeatable oil and natural gas resource plays in North America. Current activities are focused in the Eagle Ford.  A comprehensive overview of the Company can be found on Sundance’s website at 
www.sundanceenergy.net.

Summary Information

The following disclaimer applies to this document and any information contained in it. The information in this release is of general background and does not purport to be complete. It should be read in conjunction with Sundance’s periodic and continuous disclosure announcements lodged with ASX Limited that are available at www.asx.com.au and Sundance’s filings with the Securities and Exchange Commission available at www.sec.gov.  

CALLIDUSCLOUD WINS EIGHT GOLD STEVIES® IN THE 2017 INTERNATIONAL BUSINESS AWARDS

CallidusCloud Lead to Money suite recognized as Best B2B New Product of the Year. LeadRocket voted Best New Product or Service of the Year in the Software - Lead Generation Solution category.

DUBLIN, Calif., Aug 17 (Bernama-GLOBE NEWSWIRE) -- Callidus Software Inc. (NASDAQ:CALD), a global leader in cloud-based salesmarketinglearning, and customer experience solutions, announced today that it was named the winner of eight Gold Stevie® awards in the 2017 International Business Awards.

“The eight Stevie® awards earned highlight CallidusCloud’s momentum, commitment to excellence, passion for innovation and customer orientation,” said Leslie Stretch, president and CEO of CallidusCloud. “They also recognize the benefits that the Lead to Money suite, honored as the Best New Product in Business-to-Business, accrues to its customers in terms of enabling faster, bigger, and more profitable sales.”

CallidusCloud’s Gold 2017 International Business Awards include:
 
Award Category
 Winner
Best New Product or Service of the Year -
Business-to-Business Products
Lead to Money suite
Best New Product or Service of the Year -
Software - Lead Generation Solution
LeadRocket
Executive of the Year - Computer ServicesLeslie Stretch, president and CEO
Innovator of the Year - Computer Services & Software Leslie Stretch, president and CEO
Management Team of the Year - Computer SoftwareCallidusCloud Executive Team
Communications Team of the YearCallidusCloud Communications Team
Video Awards - Events & Webcasts
 You Make CallidusCloud
Website Awards - Computer ServicesThe CallidusCloud Homepage

The International Business Awards (IBAs) are the world’s premier business awards program. All individuals and organizations worldwide—public and private, for-profit and non-profit, large and small—are eligible to submit nominations.

This year, more than 3,900 nominations were reviewed in the IBAs. Stevie Award winners were determined by more than 200 executives worldwide who participated on 12 juries.

“The IBA judges from across the world were highly impressed with the nominations they reviewed this year. With nominations from 60 nations, the Stevie Awards are proud to honor organizations that demonstrate high levels of achievement in a variety of industries,” said Michael Gallagher, president and founder of the Stevie Awards.

Nicknamed Stevies for the Greek word for “crowned,” the awards will be presented to winners at a gala awards banquet at the W Hotel in Barcelona, Spain on October 21.

Details about The International Business Awards and the full list of Stevie Award winners are available at www.StevieAwards.com/IBA

About the Stevie Awards
Stevie Awards are conferred in seven programs: the Asia-Pacific Stevie Awards, the German Stevie Awards, The American Business Awards, The International Business Awards, the Stevie Awards for Women in Business, the Stevie Awards for Great Employers and the Stevie Awards for Sales & Customer Service. Stevie Awards competitions receive more than 10,000 nominations each year from organizations in more than 60 nations. Honoring organizations of all types and sizes and the people behind them, the Stevies recognize outstanding performances in the workplace worldwide. Learn more about the Stevie Awards at www.StevieAwards.com.

About CallidusCloud
Callidus Software Inc. (NASDAQ: CALD), doing business as CallidusCloud®, is the global leader in cloud-based sales, marketing, learning, and customer experience solutions. CallidusCloud enables organizations to accelerate and maximize their lead to money processes with a complete suite of solutions that identify the right leads, ensure proper territory and quota distribution, enable sales forces, automate configure price quote, speed up contract negotiations, and streamline sales compensation—driving bigger deals, faster. Approximately 5,400 leading organizations, across all industries, rely on the CallidusCloud Lead to Money suite to close more deals and make more money faster.

©2017 Callidus Software Inc. All rights reserved. Callidus, Callidus Software, the Callidus Software logo, CallidusCloud, the CallidusCloud logo, Clicktools, SURVE, syncfrog, TrueComp Manager, ActekSoft, ACom3, iCentera, Webcom, Litmos, the Litmos logo, LeadFormix, Rapid Intake, 6FigureJobs, and LeadRocket are trademarks, service marks, or registered trademarks of Callidus Software Inc.

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Press Contact:
Venus Picart
CallidusCloud
(925) 251-2200
pr@calliduscloud.com

SOURCE : Callidus Software

--BERNAMA

HMINERS LAUNCH THE MOST POWERFUL CRYPTOCURRENCY MINING RIGS WITH UNIQUE FEATURES

Hminers has just introduced three new mining rigs with extraordinary features. The company already has the unique distinction of delivering the first ever 10nm ASIC mining rig in the cryptocurrency market.

MIAMI, Aug 16 (Bernama-GLOBE NEWSWIRE) -- Hminers is delighted to announce the mega launch of three new products that will make cryptocurrency mining easy and efficient like never before. This Miami-based organization is one of the most trusted names in the cryptocurrency market with the distinction of creating the world's first 10 nm ASIC Chip. The company's three new products H2U Miner, H4U Miner, and Rack Equipped with 5 x H4U are now up for sale at www.Hminers.com.

As the difficulties in bitcoin mining have kept on increasing over the last few years, Hminers has embraced new principles to create multi algorithm based miners. Each of the three new products from the company is built and designed to operate under multiple algorithms and provide customers the freedom to switch to any coin that offers them a better income. In addition to bitcoin, these products can be used to mine Litecoin, Ethereum, and Dash.
http://mrem.bernama.com/viewsm.php?idm=29818

Wednesday, August 16, 2017

VISTAJET HARNESSES THE POWER OF THE AMERICAN ECLIPSE TO OFFER CUSTOMERS A RARE VIEWING OPPORTUNITY

VistaJet invites customers to fly in parallel with an astronomical anomaly

NEW YORK, Aug 16 (Bernama-GLOBE NEWSWIRE) -- VistaJet, the first and only global aviation company, will be offering customers the opportunity to experience and chase the American Solar Eclipse, appearing for the first time in 99 years on August 21, 2017.

http://mrem.bernama.com/viewsm.php?idm=29817

HOULIHAN LOKEY ADDS MANAGING DIRECTOR TO ITS SYDNEY OFFICE

Matthew Tehan Joins to Lead Firm’s Capital Markets Business in Australia

SYDNEY, AUSTRALIA, Aug 15 (Bernama-GLOBE NEWSWIRE) --
 Houlihan Lokey, Inc. (NYSE:HLI), the global investment bank, today announced that Matthew Tehan has joined the Capital Markets Group as a Managing Director. He is based in Sydney and will lead the firm’s Capital Markets efforts in Australia.

Mr. Tehan joins Houlihan Lokey following a 17-year career at Credit Suisse, where he held a number of roles, including serving as Co-Head of Debt and Derivatives in the firm’s Capital Markets Solutions Group in Sydney. During that time, he led the structuring and origination of numerous capital markets transactions for corporate clients, including acquisition debt, mezzanine debt, and both capital markets distribution and on-balance-sheet transactions. His prior experience also includes working in Credit Suisse’s Global Markets Solutions Group and for Credit Suisse Financial Products in New York. Mr. Tehan began his career at EY in 1995.

“Matthew’s breadth of experience across the full spectrum of debt financing, combined with his expertise in risk management and strong client relationships across the region, makes him an excellent addition to our successful global Capital Markets team,” said Scott Adelson, Co-President of Houlihan Lokey. “The firm’s longtime focus on non-traditional sources of capital and the solutions they can provide reflects our client-centric culture and commitment to delivering exceptional outcomes. Matthew’s deep commitment to client service represents an exceptional fit with our culture and client needs in the market.”

“I’m excited to join one of the financial services industry’s largest and most active independent private financing teams,” said Mr. Tehan. “The group’s track record of success is outstanding, and I hope to continue that track record as we expand Houlihan Lokey’s Capital Markets capabilities in Australia,” he added.
Mr. Tehan holds a B.Com. in Finance and Accounting and a B.A. in Politics and English Literature from the University of Melbourne. He is also a member of the Institute of Chartered Accountants of Australia (CA).

With 35 professionals globally, Houlihan Lokey’s Capital Markets Group is focused on delivering its clients bespoke financing solutions backed by superior market knowledge and execution capabilities. Over the past 12 months, the group has raised nearly $6 billion for clients across more than 30 transactions. The group has added a total of three Managing Directors over the past seven months in Sydney, New York, and London. 

TACONIC BIOSCIENCES ANNOUNCES PARTNERSHIP WITH CERGENTIS B.V. TO PROVIDE TRANSGENE MAPPING SERVICES

HUDSON, N.Y., Aug 15 (Bernama-GLOBE NEWSWIRE) -- Taconic Biosciences, a global leader in genetically engineered mouse models and associated services, announced it has signed a collaborative agreement with Cergentis B.V. (“Cergentis”) to leverage the company’s Targeted Locus Amplification (TLA) technology to provide transgene mapping services to its customers.

While transgenic mice generated via random pro-nuclear injection (PNI) continue to be a critical tool in biomedical research, a distinct disadvantage of these models is the inability to direct the transgene to a specific integration site within the genome. Cergentis has developed a next generation sequencing method based on their patented TLA technology. Taconic’s Transgene Mapping Analysis (TgMA)service leverages this platform, making the task of determining the precise location of a randomly inserted transgene much easier. In addition to the sequencing data from Cergentis, Taconic provides expert interpretation specific to the transgenic line, leading to an optimized breeding strategy.

“Cergentis TLA technology brings characterization of transgenic rodent models to a whole new level. This technology enables quick and reliable determination of transgene insertion site(s) while providing important data regarding the integrity of the transgene itself and potential disruption of endogenous genes. Taconic can now provide precise assessment of a transgenic model and use the TLA data to better plan intercrosses for future studies,” shared Dr. Jochen Welcker, director of molecular biology and scientific development.

Cergentis CEO Max van Min comments: “Cergentis is delighted with this collaboration. Taconic is a leading supplier of rodent models and by leveraging both our expertise our common customers are served most effectively.”

Taconic is a fully-licensed provider of rodent model generation services and has twenty years of model design experience. The company provides gene inactivation, gene mutation or replacement, transgene expression, RNAi, and gene editing via CRISPR-Cas9, pronuclear injection, and homologous recombination technologies to ensure that the right tools are leveraged for each specific customer project. Taconic’s unique capability of providing a seamless transition from model design to breeding and colony management, offers customers a complete solution. These scientific services include acquiring or generating, importing, licensing, breeding, testing, preparing, and distributing genetically engineered models to any location worldwide.

Cergentis is based in the Netherlands and provides services and kits based on its proprietary Targeted Locus Amplification Technology. Uniquely, TLA enables targeted complete Next Generation Sequencing and the detection of all Single Nucleotide Variants and structural changes. Key applications of TLA include genetic diagnostics, oncogenetics, and sequencing of gene-editing events, transgenes and integration sites in amongst others plants, cells and animal models. Cergentis works for leading pharmaceutical companies and research institutes worldwide.

For more information contact info@cergentis.com.   

To learn more about Taconic's custom model generation, please call 1-888-TACONIC (888-822-6642) in the US, or +45 70 23 04 05 in Europe, or email info@taconic.com.  

About Taconic Biosciences, Inc. 

Taconic Biosciences is a fully-licensed, global leader in genetically engineered rodent models and services. Founded in 1952, Taconic helps biotechnology companies and institutions acquire, custom generate, breed, precondition, test, and distribute valuable research models worldwide.  Specialists in genetically engineered mouse and rat models, precision research mouse models, and integrated model design and breeding services, Taconic operates three service laboratories and six breeding facilities in the U.S. and Europe, maintains distributor relationships in Asia and has global shipping capabilities to provide animal models almost anywhere in the world.

Media Contact:
Kelly Owen Grover
Director of Marketing Communications
(518) 697-3824
kelly.grover@taconic.com

Source : Taconic Biosciences

--BERNAMA

Monday, August 14, 2017

7 ENTRY CATEGORIES TO BE OFFERED IN 12TH GATSBY CREATIVE AWARDS, ASIA'S BIGGEST CREATIVE FESTIVAL FOR STUDENTS

OSAKA, Japan, Aug. 14, 2017 /Kyodo JBN-AsiaNet/ --

- Special Creative Festival for Students, Held across 11 Asian Countries &
  Regions -

Mandom Corporation based in Osaka, Japan, announced on August 14 the holding of the 12th GATSBY CREATIVE AWARDS in 11 countries and regions across Asia. GATSBY is the men's grooming brand from Mandom Corporation.

http://mrem.bernama.com/viewsm.php?idm=29801

BUTTE ENERGY INC. ANNOUNCES RESULTS OF ITS ANNUAL GENERAL AND SPECIAL MEETING OF SHAREHOLDERS AND CHANGES TO MANAGEMENT

CALGARY, Alberta, Aug 14 (Bernama-GLOBE NEWSWIRE) -- Butte Energy Inc. (“Butte” or the “Company”) is pleased to announce the results of its Annual General and Special Meeting of shareholders held on August 1, 2017 in Calgary (the “Meeting”). At the Meeting, shareholders holding 77.42% of the issued and outstanding common shares were present or represented by proxy and such shareholders voted 100% in favour of the sale of the Company’s Chigwell properties to RKSmith Energy Corp. for $35,000 (the “Transaction”).

In addition, the Company is pleased to announce the re-election of Charles Baker, Chris Reimchen, Victor Redekop, Gerald Gilbert and Cuneyt Tirmandi. At the Meeting shareholders also re-appointed Czechowsky, Graham & Hanevelt Chartered Accountants as auditors of the Company and approved a special resolution approving the winding up of the Company, the full text of which is set forth in the Company’s management information circular dated June 30, 2017.

http://mrem.bernama.com/viewsm.php?idm=29799

Saturday, August 12, 2017

RedHill Biopharma Provides 2017 Semi-Annual Business Update

- RedHill’s U.S. gastrointestinal (GI)-focused sales force is promoting two specialty products, setting the stage for the potential launch of RedHill’s late clinical-stage GI products, if approved, and for the acquisition of additional commercial GI products

- The ERADICATE Hp2 confirmatory Phase III study with TALICIA™ (RHB-105) for H. pylori bacterial infection is ongoing; TALICIA™ was granted QIDP designation by the FDA

- Following a unanimous positive DSMB recommendation, the Phase III MAP US study with RHB-104 for Crohn’s disease is continuing as planned; An open-label extension Phase III study (the MAP US2 study) is ongoing in parallel

- Following positive top-line results from the Phase III study with BEKINDA® 24 mg for acute gastroenteritis, the outcome of the planned FDA Type B meeting to discuss the potential path to marketing approval is expected to be announced in October 2017

- Top-line results from the Phase II study with BEKINDA® 12 mg for diarrhea-predominant irritable bowel syndrome (IBS-D) are expected in September 2017

- In light of recent FDA guidance on the potential path to marketing approval of RHB-104 as first-line therapy for nontuberculous mycobacteria (NTM) infections, RedHill plans, subject to regulatory approvals, to initiate a pivotal Phase III study in the U.S. with RHB-104 for NTM infections in the first quarter of 2018; RHB-104 was granted QIDP designation by the FDA for the treatment of NTM infections

- In light of encouraging results from prior non-clinical studies, an NIAID Safety Committee recently approved a planned proof-of-concept study to evaluate RedHill’s proprietary experimental therapy for the treatment of Ebola virus disease; The study is expected to be initiated in the fourth quarter of 2017

- Re-submission of the NDA for RIZAPORT® for acute migraines is expected in October 2017

TEL-AVIV, Israel and RALEIGH, N.C., Aug. 11 (GLOBE NEWSWIRE) -- RedHill Biopharma Ltd. (NASDAQ:RDHL) (Tel-Aviv Stock Exchange:RDHL) (“RedHill” or the “Company”), a specialty biopharmaceutical company primarily focused on late clinical-stage development and commercialization of proprietary, orally-administered, small molecule drugs for gastrointestinal and inflammatory diseases and cancer, today provided an update on key programs, potential milestones and estimated timelines.

Dror Ben-Asher, Chief Executive Officer of RedHill, said: “RedHill has transitioned into a revenue-generating, gastrointestinal-focused, specialty pharmaceutical company, as we continue to pursue important clinical development milestones in the near future. I would like to thank the RedHill team for their meaningful achievements on the R&D and commercial fronts thus far in 2017.”

Source : RedHill Biopharma Ltd.