Petronas Collaborates With Banks & Corporate Finance Advisors to Support Vendors In Pursuing IPO

KUALA LUMPUR, Feb 20 (Bernama) — PETRONAS is collaborating with six investment banks and corporate finance advisors for them to provide advisory to vendors in the Malaysian Oil & Gas Services and Equipment (OGSE) sector intending to pursue Initial Public Offerings (IPOs). The Company handed over the Memorandums of Understanding (MoUs)…

SuperCryptoNews Launching Paper Trading Competition with BTC Rewards

SINGAPORE, Feb 20 (Bernama-BUSINESS WIRE) — SuperCryptoNews, Asia’s leading blockchain and cryptocurrency media, has officially partnered with Roostoo to launch a paper trading competition that rewards actual Bitcoin (BTC) to the top traders at the end of the competition. For the first time, users can expect to win up to 0.5…

Kyriba Launches Payments Network for Global CFOs

SAN DIEGO, Feb 20 (Bernama-BUSINESS WIRE) — Kyriba, the global leader in cloud treasury and finance solutions, has launched the Kyriba Payments Network to address the growing CFO mandate to combat payments fraud, centralize payments, and unlock organizational efficiency. The new payments network provides corporations with real-time fraud detection and access to machine…

Willis Lease Finance Commits to Offering of $366.2 Million in Fixed Rate Notes

COCONUT CREEK, Fla., Feb 20 (Bernama) — Willis Lease Finance Corporation (NASDAQ: WLFC) (“Willis”), a leading lessor of commercial jet engines, announced today that its wholly-owned subsidiary Willis Engine Securitization Trust II, to be renamed Willis Engine Structured Trust V (“WEST”), has priced $366.2 million in aggregate principal amount of fixed…

AM Best Affirms Credit Ratings of FMG Insurance Limited

SINGAPORE, Feb 20 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of FMG Insurance Limited (FMGIL) (New Zealand). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect FMGIL’s balance sheet strength, which AM Best categorizes…

Cradlepoint First to Offer Comprehensive Portfolio of 5G Wireless Edge Solutions for Business

BOISE, Idaho, Feb 20 (Bernama) — Cradlepoint, the global leader in cloud-delivered LTE and 5G wireless edge solutions, today announced the industry’s most comprehensive portfolio of 5G solutions powered by the company’s NetCloud Service and built exclusively to meet the business imperatives of availability, interoperability, security, and manageability. The new portfolio…

NTHU Research Team Develops New Display Material

HSINCHU, Taiwan, Feb 19 (Bernama-BUSINESS WIRE) — A research team led by Professor Hsueh-Shih (Sean) Chen of National Tsing Hua University has recently announced that they have developed a new quantum dot material which is more stable and provides more realistic color. The main limitations of the current quantum dot display…

PETRONAS Gas Declares Special Dividend On Resilient Performance FY2019 Revenue Stable At RM5.46 Billion, A Higher Profit After Tax At RM1.98 Billion

KUALA LUMPUR, Feb 19 (Bernama) — PETRONAS Gas Berhad (PGB), a subsidiary of PETRONAS, announces a total dividend of 82 sen for the financial year ended 31 December 2019, comprising an interim dividend 22 sen per share for the fourth quarter and a special dividend of 10 sen per share for…

AXA Sets Global Benchmark With Innovative HR Practices

KUALA LUMPUR, Feb 19 (Bernama) — AXA Affin General Insurance Berhad (AXA) started the year with 4 global HR awards received at the Global HR Excellence Awards and Global Best Employer Brand Award 2020. • Innovation in Retention Strategy • Managing Health at Work• CHRO of the Year• 501 Global HR Leaders…

PETRONAS’ Second Floating LNG Vessel Sets Sail From South Korea On Its Maiden Voyage To Malaysia

SOUTH KOREA, Feb 19 (Bernama) — PETRONAS’ second floating liquefied natural gas (LNG) vessel, PFLNG Dua, has set sail to Rotan Gas Field, 140km offshore Kota Kinabalu, Sabah. The 1,840 nautical mile journey will take approximately two weeks to complete. Upon arrival at the Rotan Gas Field, PFLNG Dua will commence…