COLLIERS INTERNATIONAL EXPANDS PROJECT MANAGEMENT IN AUSTRALIA

Acquisition strengthens services to property owners and developers


SYDNEY, Australia, Sept 6 (Bernama-GLOBE NEWSWIRE) -- Leading global commercial real estate firm Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) today announced the acquisition of NixAnderson, an Australian project management firm with extensive experience in corporate property and infrastructure delivery services. Since 1999, NixAnderson has been providing world class project management and planning services across Australia and New Zealand. These services include project management, program management, property acquisition services, workspace consulting, and feasibility studies, to a broad range of industry verticals, including social infrastructure, defence, healthcare, hospitality, retail, and commercial. NixAnderson has over 30 professionals with a combined industry experience of over 200 years. The acquisition more than doubles the number of Colliers project management professionals in the Australia and New Zealand business. The terms of the transaction were not disclosed.

"We are very excited to become part of Colliers International," said Derek Nix and Scott Anderson. "Combining our expertise in corporate property and infrastructure delivery services with the Colliers International platform, both in Australia and globally, enhances our ability to provide industry leading service to existing and new clients. Further, there is an extremely strong alignment with the entrepreneurial spirit that exists throughout Colliers. We are excited to join this world class, growing organization."

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COLLIERS INTERNATIONAL GROUP EXPANDS IN JAPAN

Commencement of Company Owned Operations to Strengthen Asia Business
 
TORONTO, Sept 6 (Bernama-GLOBE NEWSWIRE) -- Leading global commercial real estate services firm Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIGI) announced today that it has commenced company-owned operations in Japan, the world’s third largest economy, to accelerate growth and leverage its existing brand presence. This strategic move strengthens Colliers International’s operations in Asia and provides a strong platform for future growth in Japan. Colliers International Japan (“Colliers Japan”) will be based in Tokyo.
 
Colliers Japan fields multiple teams with specializations in Tenant Representation, Corporate Solutions, Project Management, Capital Markets & Investment Services and Valuation & Advisory Services to serve the needs of local, regional and global clients.

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POINT BLANK ENTERPRISES ACQUIRES UNITED SHIELD INTERNATIONAL LIMITED

Expands global capabilities to offer complete systems for protective solutions including, body armor, hard armor plates, shields, helmets, and bomb suits worldwide POMPANO BEACH, Fla., Sept 5 (Bernama-GLOBE NEWSWIRE) -- Point Blank Enterprises (“Point Blank” or “PBE”), the worldwide leader in the production of soft body armor and related protective solutions, announced today that it has successfully completed its acquisition of United Shield International Limited (USIL), a ballistic armor manufacturer located in Andover, Hampshire, United Kingdom. Commenting on the USIL acquisition, Daniel Gaston, Chief Executive Officer of Point Blank Enterprises, Inc., stated, “The acquisition of USIL further strengthens our product and technology portfolio in personal body armor protection, while adding new capabilities in the areas of manufacturing hard armor products, helmets, plates, shields, and EOD suits.  Our businesses have complementary assets and will offer advanced products to the military and law enforcement agencies of countries around the world which support global security.  We are delighted to bring United Shield International Limited into our organization and look forward to working with its team to leverage our joint portfolios and skillsets, while providing protection to those men and women protecting our streets and in combat around the world.” Founded in 2005 United Shield International Limited is one of the leading manufacturers in the world of personal ballistic and fragmentation protection and fragmentation equipment, with design and manufacturing operations in Andover, Hampshire, in the United Kingdom. United Shield's management team and staff have more than eighty years collective specialist experience and expertise of designing and manufacturing ballistic helmets, body armor, ballistic shields, hard armor plates, EOD/IED protection equipment, mine clearance and demining equipment and a variety of other ballistic and fragmentation protection products.   http://mrem.bernama.com/viewsm.php?idm=29943

THE WARRANTY GROUP INTRODUCES PRODUCT PROTECTION COVER FOR ONLINE SHOPPING

MELBOURNE, Australia, Sept 5 (Bernama-GLOBE NEWSWIRE) -- The Warranty Group, a leading global provider of warranty solutions and underwriting services, has launched a repair and replace programme for appliances and technology devices sold via the online platform eBay. Under the Product Protection Insurance, consumers can choose from two cover terms that can range between six months to six years’ coverage for electrical and mechanical breakdown on eligible items. This includes items purchased from domestic or international sellers. Coverage also includes accidental damage on certain products.

"We are pleased to offer this new benefit, and affirm our commitment to the consumers," says David Steny, Senior Business Development for The Warranty Group. "We wanted to increase the value and reduce the risk of shopping online," he added.

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MINING RIGS FROM HMINERS OFFERING UP TO 650 TH/S HASH POWER FOR BITCOIN MINING

Hminers is now creating waves in the global cryptocurrency market with their powerful mining rigs that are capable of delivering hash powers up to 650 TH/s of hash power for bitcoin mining. Offering guaranteed return on investment within a month, these mining rigs can also be used for mining Litecoin, Ethereum, or Dash.

MIAMI, Sept 5 (Bernama-GLOBE NEWSWIRE) -- Hminers ( www.hminers.com ) looks all set to script an unprecedented success story in the worldwide industry for cryptocurrencies. The company’s three mining rigs are quickly emerging as the most preferred option amongst thousands of bitcoin miners around the world. The most extraordinary feature of these mining rigs is their ability to deliver extremely high hash power, while keeping the power consumption under reasonable limits. These multi-algorithm mining rigs can be used to mine Bitcoin (hash power of up to 650 TH/s), Litecoin (hash power of up to 22.5 GH/s), Ethereum (hash power of up to 15 GH/s), and Dash (hash power of up to 50 GH/s).

Though the concept of cryptocurrency is now understood by many people around the world, the term cryptocurrency mining still remains to be relatively unknown. As far as the income perspective of cryptocurrency mining is concerned, hash rates are of prime importance. Functionally speaking, this is a measure of the power of the miner’s hardware and reflects the hash function computation frequency per second. The performance of the miners is measured in MH/s (Mega hash per second), GH/s (Giga hash per second), and TH/s (Terra hash per second).

Hminers is a team of industry experts that hit the headlines in the past by designing and creating the world’s first 10 nm ASIC Chip. Their three mining rigs H2U Miner, H4U Miner, and Rack Equipped with 5 x H4U were designed to ensure higher profitability for the users. This goal has been accomplished by maximizing the hash rate and minimizing the power consumption to a level that hasn’t been achieved so far. Unlike any other similar product available on the market, Hminers has made it possible to mine multiple algorithms such as SHA-256, Scrypt, Etehash, and X11. 

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​CHINESE TOURISTS CAN NOW USE ALIPAY AT 10,000 MERCHANTS ACROSS SOUTH AFRICA

HANGZHOU, China and CAPE TOWN, South Africa, Sept 5 (Bernama-GLOBE NEWSWIRE) -- Starting today, Chinese tourists in South Africa will have more opportunities to pay via smartphone as Alipay, the world's largest online and mobile payment platform, operated by Ant Financial Services Group ("Ant Financial", "Ant"), partners with Zapper, the fast-growing mobile payment, customer insights and digital marketing platform developed in South Africa.

This partnership will allow them to use their Alipay app to settle payment at 10,000 Zapper-affiliated merchant locations across the country. Chinese tourists will also be able to search for restaurants, bars, theatres, book shops, adventure parks and more through Alipay's in-app Discovery platform, and pay for their orders in RMB via Alipay by scanning a Zapper QR code.

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NASDAQ SUCCESSFULLY LISTS 90 SPAC IPOS, RAISING A TOTAL OF $15.3B

NEW YORK, Sept 5 (Bernama-GLOBE NEWSWIRE) -- Nasdaq extends market leadership in Special Purpose Acquisition Companies (SPACs) initial public offerings (IPOs) with 90 SPAC IPOs. Since the adoption of new listing rules in 2011, Nasdaq has consistently been the exchange of choice for SPACs, attracting 96% of all SPAC IPOs listing on a national exchange.

Thus far in 2017, Nasdaq has welcomed 18 SPAC IPOs, which eclipses the 13 SPAC IPOs that took place in 2016. The average proceeds raised amongst those deals in 2017 has been $254M, which would represent the largest annual average deal size on record. Top listings for 2017 include Silver Run Acquisition II (SRUN) / $900M, Vantage Energy Acquisition (VEAC) / $480M, Federal Street Acquisition (FSAC) / $400M, Gores Holdings II (GRSH) / $375M and Kayne Anderson Acquisition (KAAC) / $350M.

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