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PETALING JAYA (September 29): Sime Darby Property (SD Property) and Asia-Pacific logistics specialist LOGOS Property Group Ltd have formed a joint venture to establish a fund management platform to invest and develop ‘tailor-made for rent or sell »industrial and logistics assets in Malaysia. The 100% subsidiary of SD Property Sime Darby Property (Capital Holdings) Pte …

The Canadian National Railway Company faces criticism from a large investor over the disclosure of the resignation of a member of the board of directors. Julie Godin resigned from the railroad board on September 16, the day after CN learned it had lost the battle to buy the U.S. Kansas City Southern Railroad to compete …

APPLETON, Wisconsin., September 28, 2021 / PRNewswire / – Global Alternative Investment Management LLC (“Global Alts”) has announced the launch of its private fund management business. The company seeks to extend the fund management services developed under its subsidiary, Endowment Wealth Management, Inc. to a wider geographic clientele serving high net worth individuals and families, …

The China Evergrande group’s electric car unit scrapped its share listing plan amid what it called a “serious shortage of funds,” adding to liquidity problems for the real estate developer’s business empire. most indebted in the world. Financial markets will continue to monitor developments in the Evergrande debt crisis this week, particularly if Beijing steps …

Finverity, the award-winning mid-market supply chain finance platform focused on emerging markets, today announces the launch of its fund manager functionality, a first in the supply chain finance industry ( SCF). This makes Finverity the first SCF platform to seamlessly connect both institutional funders and fund / asset managers managing their allocations through separate accounts, …

Route Mobile Ltd informed that the board of directors on Wednesday September 22, 2021 approved the fundraising proposal worth Rs2000cr. The Board of Directors has approved the raising of funds through the issuance of equity shares or other securities convertible or exchangeable into equity shares or non-convertible debt securities (with or without warrants) or any …

Several IPOs this year have seen PE or VC shareholders offer shares, including companies like Indigo Paints, Home First Finance Company, Stove Kraft, Craftsman Automation, Nazara Technologies, Suryoday Small Finance Bank, Barbeque Nation Hospitality, Krishna Institute of Medical Sciences, GR Infraprojects and Rolex rings. In addition, some of these public offers included an OFS component …

September 22, 2021 Route Mobile’s board of directors will meet on September 22, 2021 to examine and assess the fundraising proposal by issuing shares or other securities convertible or exchangeable into shares or non-convertible debt securities as well as warrants or any combination thereof by private placement, preferential issue, issue of American certificates of deposit, …

SHANGHAI, September 16, 2021 / PRNewswire / – New Core Tech has announced that it has just completed its C-round fundraiser valued at $ 35 million, led by XiaoMi, Shunwei Capital and followed by Northern Light Venture Capital and Cowin Capital etc. Binjiang Tao, CEO of New Core Tech, reveals that the fund will be …

Thu Sep 16, 2021 | DIVISION SALE Fintech and support services firm Fintel have sold their fund management business Verbatim to Tatton Asset Management for £ 5.8million in a new five-year strategic partnership. The sale represents a multiple of 4.1 times the profit of £ 1.4million that Verbatim contributed to Fintel in 2020. The deal …

Aurum Fund Management Limited donated $12,500 to the Bermuda Zoological Society [BZS] to help create a saltwater pond to support the growth of black mangroves on Trunk Island. A spokesperson said: “The Bermuda Zoological Society is pleased to announce that Aurum Fund Management Limited has donated $12,500 towards the creation of a saltwater pond to …

India’s Comptroller and Auditor General (CAG) report for the fiscal year ended March 2020 identified major failures in higher education in Tamil Nadu. Among the failures is the low or no research output of many university departments. The audit found that the University of Madras embezzled funds intended for research and development. These funds were …

Search for quotes, news, net asset values ​​of mutual funds FSN E-Co (Nykaa) INE388Y01029, NYKAA, 543384 IRCTC INE335Y01020, IRCTC, 542830 IEX INE022Q01020, IEX, 540750 Tata Engines INE155A01022, TATAMOTORS, 500570 Power of Tata INE245A01021, TATAPOWER, 500400 Search for quotes, news, net asset values ​​of mutual funds FSN E-Co (Nykaa) INE388Y01029, NYKAA, 543384 IRCTC INE335Y01020, IRCTC, 542830 …

Currently, Steinhoff owns 68.2% of Pepkor. Steinhoff plans to sell up to 370 million ordinary shares of Pepkor to help fund a R25 billion offer in compensation to settle a slew of lawsuits. These plaintiffs are suing the company following the fall in its share price. The 370 million shares represent a nearly 10% stake …

A lanyard featuring the logos of Southeast Asian e-commerce and video game group Sea Ltd is pictured in their Singapore office on March 5, 2021. REUTERS / Edgar Su Sept. 9 (Reuters) – Singapore-based games and e-commerce company Sea Ltd (SE.N) raised around $ 6 billion in a sale of stocks and convertible bonds, making …

Crowdfunding in Nigeria is a means by which companies can raise capital by pooling small amounts of money from a large number of people instead of raising funds from a few investors. It is also used to raise funds for personal financial emergencies, medical emergencies or for charitable purposes. This is usually done through internet …

More than half of all start-up founders in the Middle East and North Africa said securing finance for their businesses was the top cause of stress in their entrepreneurial journey, according to a report. The Covid-19 pandemic and business scale-up were the second joint reasons for stress, each voted by 33.7% of entrepreneurs. Work-life balance …

Despite a sharp drop in revenue in fiscal 2021, Lemon Tree Hotels is avoiding availing its two pre-approved fundraising options – the second tranche of Rs 125 crore from the Dutch pension fund APG and the Rs 150 crore rights issue for now. It also plans to add around 2,000 rooms by 2023, which will …

King Abdullah’s financial district, north of Riyadh. Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has recruited five international banks as members of an environmental, governance and social (ESG) panel for its medium-term capital raising strategy. Image credit: Reuters Dubai: Saudi Arabia’s sovereign wealth fund, the Public Investment Fund (PIF), has recruited five …

Steinhoff and Barak fund management (Barak) are two local examples. Steinhoff, a family investor name in the South African market, has lost around US $ 7 billion amid allegations of serious accounting fraud, four years later, no one in the Steinhoff scandal has been arrested and brought to justice. Barak Fund Management recently made headlines …

A Canadian National Railways locomotive crosses the yard in Dartmouth, Nova Scotia on March 29, 2018.Andrew Vaughan / The Associated Press Activist investor TCI Fund Management has launched a battle for control of the Canadian National Railway Company following the railways’ seemingly failed offer to buy Kansas City Southern Railway Co. TCI, led by British …

PWE Capital plans to disrupt the fund management industry by redefining return on investment and transparency is at the heart of this goal. Parker Winston Eckhardt (PWE) launched the MetaTrader 5 platform for hedge funds, as it takes a modern approach to asset management for funds and family offices, based on algorithmic trading. The implementation …

At the meeting of September 03, 2021 The Action Construction Equipment Board, at its meeting held on September 3, 2021, approved the fundraising by issuing securities through private offers, placement (s) of qualified institutions and / or any combination thereof or any other method permitted by applicable law (s) subject to such other statutory / …

Tourism Finance Corporation of India gained 2.85% to Rs 66.70 after the company announced that its board of directors would meet on September 3, 2021 to consider fundraising. The company proposes to raise funds by issuing one or more instruments, transferable securities, including capital shares, convertible / non-convertible preferred shares, convertible securities of any kind …