Search result for holding
Ad agency CEO and two others arrested in bribery probe related to the Olympics by Tokyo prosecutors
Japanese media reports that the president and two former employees of Japanese advertising business ADK Holdings Inc were arrested on Wednesday by authorities in Tokyo on suspicion of bribery related to the Tokyo 2020 Olympics.
Originally concentrated on a former member of the Tokyo 202...
The FEED stage of the Dubai plastics recycling project has begun
The factory for chemical recycling of waste plastics in Dubai is now at the front-end engineering and design (FEED) stage and is being built by Dubai Holding, Quantafuel, and BASF.
The project is currently entering the FEED stage with BASF as the partner for the new phase of the project...
Thai Business Funds Traveloka
Investment will be provided by PTTOR International Holdings Pte. Ltd. in Singapore, which is a subsidiary of PTT Oil and Retail Business (OR), for the online travel startup Traveloka, which is based in Jakarta. The PTT Oil and Retail Business (OR) is a significant player in the petroleum and gas ...
PTTGC purchases Vencorex, a chemical company
PTT Global Chemical (PTTGC), the petrochemical division of the national oil and gas giant PTT Plc, has acquired a 9.18 per cent share in the French chemical manufacturer Vencorex Holding as part of its ongoing acquisition of assets with a focus on value-added goods.
PTTGC, which already...
Mooreast, based in Singapore, focuses on the floating renewable energy market with its mooring solutions
Mooreast Holdings, based in Singapore, has announced ambitions to extend its mooring and rigging solutions product portfolio as well as strengthen collaborations with international competitors as it looks to expand in the global floating offshore renewable energy market following its IPO in Novem...
VPS Healthcare, a UAE powerhouse, has launched Burjeel Holdings to help it scale the next phase of its expansion
On the margins of the World Economic Forum Annual Meeting in Davos on Sunday, VPS Healthcare, located in the UAE, announced the formation of Burjeel Holdings to consolidate its healthcare operations in the UAE, Oman, and across the GCC. Burjeel Holdings will build on VPS Healthcare's reputati...
Enercap, located in the UAE, has received a $20 million investment from a US corporation
Burkhan International Development Corporation (BIDC), a US-based firm, announced a $20 million investment in the UAE-based Enercap Holdings (Enercap), the holding company behind the creation, development, production, and commercialization of Supercap Energy Storage.
The investment by BI...
Baker McKenzie advised Tibbiyah Healthcare Holding Company on the sale of a 51 per cent ownership holding in New You Medical Center
Baker McKenzie, a leading international law firm, advised the shareholder of Innovative Care Trading Co. ("New You"), which owns Riyadh-based New You Medical Center, Saudi Arabia's leading day surgery medical and beauty centre focused on bariatric procedures, on the sale of a majori...
According to reports, DBS, OCBC, and UOB are restricting funding for Russian energy deals
Singapore's leading banks are limiting trade financing for Russian raw materials, as the conflict in Ukraine prompts lenders in Asia's largest resource and commodities trading hub to cut their exposure to the sanctioned country.
According to reports, the restrictions include a p...
PayPal Coin is a new soon to be Entrant
Highlights:
- Paypal promises smooth transaction and stability with its new development
PayPal Holdings, Inc. is an American multinational financial technology headquartered in California. It is a company that deals in the online payments system ...
Alpha Dhabi Invests 272 million Dollars in Ta'ziz
Alpha Dhabi Holding has planned to invest 1 billion Dirhams in Ta’ziz, a chemicals derivatives company in Abu Dhabi, to drive its expansion.
In a statement released by Alpha Dhabi Holding, the company said that its investment complemented its strategic diversification in certain s...
Chinese regulators fine tech giants over anti-monopoly violations
Chinese tech giants Alibaba Group and Tencent Holdings were fined as they failed to report corporate acquisitions. The State Administration for Market Regulation said that the companies have failed to report 43 acquisitions, occurred around eight years ago under rules on "operating concentra...
Mukesh Ambani’s Reliance Industries acquires REC Solar for $771 million
Highlights
- Reliance industries Ltd buys REC Solar Holdings
- By 2030 Reliance is planning to build solar capacity of 100 gigawatts
Mukesh Ambani, the Chairman of Reliance Industries Ltd has announced that the company will be acquiring ...
JAL BEGAN COVID-19 VACCINATION FOR ITS EMPLOYEES
Highlights –
- JAL began COVID-19 vaccination for its employees.
- The airlines decided to begin administering shots at Tokyo's Haneda airport.
- JAL aims to inoculate about 36,000 group employees.
- JR East, Itochu Corp., univ...
ANA BEGAN COVID-19 VACCINATION FOR ITS EMPLOYEES
Highlights –
- ANA began COVID-19 vaccination for its employees.
- They became the first Japanese firm known to start offering workplace vaccinations.
- ANA will focus on vaccinating about 10,000 employees.
- ANA has so far vaccina...
TOKYO STOCKS END HIGH OVER COVID-19 VACCINE ROLLOUT PLANS
Highlights –
- Tokyo stocks end high over COVID-19 vaccine rollout plans.
- The 225-issue Nikkei Stock Average ended up 97.76 points, or 0.34 percent.
- Topix index of all First Section issues on the TSE finished 0.41 points, or 0.02 percen...
JAPAN’S SBI HOLDINGS ORDERED TO SUSPEND OPERATIONS BY FSA
Highlights –
- Japan’s SBI Holdings ordered to suspend operations by FSA.
- The unit had solicited funds from investors with false or misleading information.
- The company had collected 20.7 billion yen ($190 million) from investors i...
TOKYO STOCKS END MIXED OVER APPROVAL OF ALZHEIMER’S DRUG
Highlights –
- Tokyo stocks end mixed over approval of Alzheimer’s drug.
- The 225-issue Nikkei Stock Average ended down 55.68 points, or 0.19 percent.
- Topix index of all First Section issues on the TSE finished 1.80 points, or 0.09...
NIKKEI ENDS HIGH OVER U.S EMPLOYMENT DATA
Highlights –
- Nikkei end higher over U.S employment data.
- The 225-issue Nikkei Stock Average ended up 77.72 points, or 0.27 percent.
- Topix index of all First Section issues on the TSE finished 1.66 points, or 0.08 percent.
- S...
AIRDO CO., SOLASEED AIR TO SET UP HOLDING COMPANY IN OCT. 2022
Highlights –
- Airdo Co., Solaseed Air to set up holding company in Oct. 2022.
- To improve finances, they will reduce costs through joint aircraft maintenance and procurement of supplies.
- They have no plans to cut jobs and expect their b...