KUALA LUMPUR, Aug 13 (Bernama) -- AM Best has upgraded the Long-Term Issuer Credit Rating (Long-Term ICR) to ‘bbb+’ from ‘bbb’ of PVI Insurance Corporation (PVI Insurance) Vietnam.
In a statement, AM Best also affirmed the Financial Strength Rating of B++ (good) of the company and the outlook of these credit ratings was stable.
The global rating agency also described the company’s balance sheet strength as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
In addition, PVI Insurance benefits from rating enhancement from HDI Haftpflichtverband der Deutschen Industrie V.a.G. (HDI group).
The Long-Term ICR upgrade follows HDI group’s increased ultimate ownership of PVI Insurance and the resulting implicit support that AM Best expects the subsidiary to benefit from over the near term.
PVI Insurance’s balance sheet strength assessment is underpinned by risk-adjusted capitalisation that AM Best expects to remain at the strongest level over the medium term, as measured by Best’s Capital Adequacy Ratio.
PVI Insurance is the second-largest insurer in Vietnam’s non-life insurance sector with a market share of 15 per cent in 2018, based on gross premium written.
More details at www.ambest.com
-- BERNAMA
Thursday, August 15, 2019
TRITON DIGITAL IS ONE OF THE FIRST TO RECEIVE THE IAB TECH LAB PODCAST MEASUREMENT SEAL OF COMPLIANCE
NEW YORK, Aug 14 (Bernama-BUSINESS WIRE) -- Triton Digital®, the global technology and services leader to the digital audio and podcast industry, announced today that it is among the first companies to secure the IAB Tech Lab Podcast Measurement Compliance verification.
Triton’s Podcast Metrics is a powerful tool for analyzing how, when and where podcast content is being consumed across multiple hosting platforms, with the ability to view metrics by date range, location, device, podcast name, episode, title and more.
http://mrem.bernama.com/viewsm.php?idm=35231
Triton’s Podcast Metrics is a powerful tool for analyzing how, when and where podcast content is being consumed across multiple hosting platforms, with the ability to view metrics by date range, location, device, podcast name, episode, title and more.
http://mrem.bernama.com/viewsm.php?idm=35231
REVERIE ANNOUNCES PAGE, A SUSTAINABLE FASHION MAGAZINE
NEW YORK, Aug 13 (Bernama-GLOBE NEWSWIRE) -- Reverie: Page is a newly-established fashion publication dedicated to the development and success of current and emerging fashion designers. Focusing on sustainability and promoting consciousness while delivering an unbiases perspective of the fashion industry. Page magazine core belief is to bring back the vivacity and alluring nature a fashion magazine once held.
“Page Magazine will be the first truly sustainable fashion magazine. Our print issues will be made to order. But most importantly, we want to provide insight into fashion that is palatable for any fashion enthusiast who wants a grounded outlook on fashion. We intend to humanize fashion wile informing and enlightening our readers.” - Cassell A. Ferere, Editor-in-Chief.
http://mrem.bernama.com/viewsm.php?idm=35220
“Page Magazine will be the first truly sustainable fashion magazine. Our print issues will be made to order. But most importantly, we want to provide insight into fashion that is palatable for any fashion enthusiast who wants a grounded outlook on fashion. We intend to humanize fashion wile informing and enlightening our readers.” - Cassell A. Ferere, Editor-in-Chief.
http://mrem.bernama.com/viewsm.php?idm=35220
China, ASEAN set up good example of international relations
KUALA LUMPUR, Aug 15 (Bernama) -- The historical relationship between China and ASEAN is the basis of China's ‘Maritime Silk Road’ initiative, with today, the strategic partnership between China and ASEAN becoming a model for a new type of international relations.
In recent years, in the face of the volatile international situation, China and ASEAN have taken the lead in maintaining regional peace and promoting the common development of mankind, according to a statement from Queqi Media Culture Co Ltd.
Historical accumulation has deepened China-ASEAN cooperation, whereby after the reform and opening up, ASEAN is the top priority of China's good-neighbourly friendship.
From the Asian financial crisis in 1997 to the international financial crisis in 2008, the strategic partnership between the two sides had experienced a real test. In 2003, China and ASEAN established a strategic partnership with common goals of mutual assistance and common development.
The accumulation of the policies, emotions and mechanisms have made the two sides cooperate quite smoothly under the ‘Belt and Road Initiative’.
Cooperation between China and ASEAN in the fields of economy and trade, macro-policy coordination, infrastructure, maritime rescue, counter-terrorism, culture and education has been progressing with remarkable results.
Future trends will ensure steady and substantial cooperation between the two sides and the development of the China-ASEAN relations will also become an important model for the world to examine the new type of international relations and community of shared future proposed by China.
More information at http://www.queqicn.com.
-- BERNAMA
In recent years, in the face of the volatile international situation, China and ASEAN have taken the lead in maintaining regional peace and promoting the common development of mankind, according to a statement from Queqi Media Culture Co Ltd.
Historical accumulation has deepened China-ASEAN cooperation, whereby after the reform and opening up, ASEAN is the top priority of China's good-neighbourly friendship.
From the Asian financial crisis in 1997 to the international financial crisis in 2008, the strategic partnership between the two sides had experienced a real test. In 2003, China and ASEAN established a strategic partnership with common goals of mutual assistance and common development.
The accumulation of the policies, emotions and mechanisms have made the two sides cooperate quite smoothly under the ‘Belt and Road Initiative’.
Cooperation between China and ASEAN in the fields of economy and trade, macro-policy coordination, infrastructure, maritime rescue, counter-terrorism, culture and education has been progressing with remarkable results.
Future trends will ensure steady and substantial cooperation between the two sides and the development of the China-ASEAN relations will also become an important model for the world to examine the new type of international relations and community of shared future proposed by China.
More information at http://www.queqicn.com.
-- BERNAMA
PRESS RELEASE - DISCLOSURE OF DEALINGS (TASEK CORP BHD)
HL CEMENT (MALAYSIA) SDN BHD AND RIDGE STAR LIMITED (COLLECTIVELY, THE "JOINT OFFERORS")
UNCONDITIONAL VOLUNTARY TAKE-OVER OFFER BY THE JOINT OFFERORS THROUGH CIMB INVESTMENT BANK BERHAD ("CIMB") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES (EXCLUDING TREASURY SHARES) ("OFFER ORDINARY SHARES") AND ALL THE REMAINING PREFERENCE SHARES ("OFFER PREFERENCE SHARES") IN TASEK CORPORATION BERHAD ("TASEK") NOT ALREADY HELD BY THE JOINT OFFERORS FOR A REVISED CASH CONSIDERATION OF RM5.80 PER OFFER ORDINARY SHARE AND RM5.80 PER OFFER PREFERENCE SHARE ("OFFER PRICE") ("REVISED OFFER")
DISCLOSURE OF DEALINGS IN ACCORDANCE WITH RULE 19 OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS 2016 ("RULES")
KUALA LUMPUR, Aug 13 (Bernama) -- We refer to the annoucement dated 28 May 2019 by Tasek on the unconditional voluntary take-over offer by the Joint Offerors.
Pursuant to Rule 19.04 (1) of the Rules, we wish to inform that HL Cement (Malaysia) Sdn Bhd and/or Ridge Star Limited and its persons acting in concert as well as other parties associated to the Joint Offerors has dealt in the securities of Tasek, details of which are as follows:
UNCONDITIONAL VOLUNTARY TAKE-OVER OFFER BY THE JOINT OFFERORS THROUGH CIMB INVESTMENT BANK BERHAD ("CIMB") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES (EXCLUDING TREASURY SHARES) ("OFFER ORDINARY SHARES") AND ALL THE REMAINING PREFERENCE SHARES ("OFFER PREFERENCE SHARES") IN TASEK CORPORATION BERHAD ("TASEK") NOT ALREADY HELD BY THE JOINT OFFERORS FOR A REVISED CASH CONSIDERATION OF RM5.80 PER OFFER ORDINARY SHARE AND RM5.80 PER OFFER PREFERENCE SHARE ("OFFER PRICE") ("REVISED OFFER")
DISCLOSURE OF DEALINGS IN ACCORDANCE WITH RULE 19 OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS 2016 ("RULES")
KUALA LUMPUR, Aug 13 (Bernama) -- We refer to the annoucement dated 28 May 2019 by Tasek on the unconditional voluntary take-over offer by the Joint Offerors.
Pursuant to Rule 19.04 (1) of the Rules, we wish to inform that HL Cement (Malaysia) Sdn Bhd and/or Ridge Star Limited and its persons acting in concert as well as other parties associated to the Joint Offerors has dealt in the securities of Tasek, details of which are as follows:
| Date | Name | Description of Transaction | Description of Security | Quantity | Price (RM) |
| 13 August 2019 | Ridge Star Limited | Buy | Ordinary Shares | 12,400 | 5.79 |
PROJECT MANAGEMENT INSTITUTE ANNOUNCES ACQUISITION OF DISCIPLINED AGILE
PHILADELPHIA, Aug 13 (Bernama-BUSINESS WIRE) -- Project Management Institute (PMI), the world’s leading not-for-profit membership association for the project management profession, today announced the acquisition of Disciplined Agile (DA). The DA toolkit is the world’s only comprehensive agile body of knowledge (BOK) that provides straightforward and practical guidance to help individuals, teams and enterprises choose their “way of working” in a context-specific way. Key principles of DA include customer centricity, being pragmatic rather than purist, providing a range of agile and lean options, applying context-based practices, and optimizing flow across the entire enterprise. Applying the DA toolkit allows organizations to customize any method or framework – such as traditional, Scrum, or SAFe – to drive outcomes that differentiate them from their competitors.
The combination of these two organizations offers a unique and unparalleled value proposition to stakeholders who are committed to improving their personal, team and enterprise agility.
http://mrem.bernama.com/viewsm.php?idm=35219
The combination of these two organizations offers a unique and unparalleled value proposition to stakeholders who are committed to improving their personal, team and enterprise agility.
http://mrem.bernama.com/viewsm.php?idm=35219
Synchronoss simplifies Telkom Indonesia business process, enhances customer interaction
KUALA LUMPUR, Aug 6 (Bernama) -- Synchronoss Technologies Inc, a global leader and innovator of cloud, messaging, digital and IoT products has partnered with Telkom Indonesia to simplify business processes and enhance customer interaction across all communication channels.
Telkom Indonesia will partner with Synchronoss for Digital Experience Platform (DXP), according to a statement.
“This new relationship with Telkom Indonesia is another important step forward in our strategy to open up important revenue and growth opportunities for Synchronoss in dynamic international markets outside of North America,” said Synchronoss president and chief executive officer, Glenn Lurie.
Synchronoss DXP allows operators, service providers and other companies to design a unified, interactive customer experience across mobile apps, call centres, in-store point-of-sale interactions and online.
Telkom Indonesia will be able to use the platform across all its business units, including consumer and enterprise services, to improve operational agility and support the expansion of digital services that incorporate new media, content and e-commerce offerings.
It also benefits effortless integration with legacy customer relationship management and complex back-end systems, and easy-to-use, intuitive drag-and-drop dashboard to easily create, configure and launch end-to-end digital customer journeys across multiple engagement channels.
More information at https://synchronoss.com.
-- BERNAMA
Telkom Indonesia will partner with Synchronoss for Digital Experience Platform (DXP), according to a statement.
“This new relationship with Telkom Indonesia is another important step forward in our strategy to open up important revenue and growth opportunities for Synchronoss in dynamic international markets outside of North America,” said Synchronoss president and chief executive officer, Glenn Lurie.
Synchronoss DXP allows operators, service providers and other companies to design a unified, interactive customer experience across mobile apps, call centres, in-store point-of-sale interactions and online.
Telkom Indonesia will be able to use the platform across all its business units, including consumer and enterprise services, to improve operational agility and support the expansion of digital services that incorporate new media, content and e-commerce offerings.
It also benefits effortless integration with legacy customer relationship management and complex back-end systems, and easy-to-use, intuitive drag-and-drop dashboard to easily create, configure and launch end-to-end digital customer journeys across multiple engagement channels.
More information at https://synchronoss.com.
-- BERNAMA
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