WALTHAM, Mass., Nov 10 (Bernama-GLOBE NEWSWIRE) — Zenas BioPharma, a global biopharmaceutical company committed to becoming a leader in the development and commercialization of immune-based therapies, today announced proceeds of $118 million in connection with the issuance of Series B preferred shares. In addition to Enavate Sciences, which led the…

KUALA LUMPUR, Nov 10 (Bernama) — Chartered Institute of Islamic Finance Professionals (CIIF) today highlighted that it foresees a larger group of professional talents are needed globally to respond to new set of challenges brought upon by the current wave of technological innovations that are happening in the financial services industry…

HONG KONG, Nov 10 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” (Excellent) of Evergreen Insurance Company Limited (EICL) (Bermuda). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect EICL’s balance sheet strength, which AM…

HONG KONG, Nov 10 (Bernama-BUSINESS WIRE) — AM Best has affirmed the Financial Strength Rating of A- (Excellent) and the Long-Term Issuer Credit Rating of “a-” (Excellent) of ZhongAn Online P&C Insurance Co., Ltd. (ZhongAn) (China). The outlook of these Credit Ratings (ratings) is stable. The ratings reflect ZhongAn’s balance sheet strength,…

Zurich, Switzerland, Nov 10 (Bernama-GLOBE NEWSWIRE) — Hitachi Energy announced today it will provide the world’s first sulfur hexafluoride (SF₆) free 420-kilovolt (kV) gas-insulated switchgear (GIS) technology and a state-of-the-art modular prefabricated grid connection solution at a key node at TenneT’s power grid in Germany, supporting the leading European grid operator…

GENEVA, Nov 10 (Bernama-GLOBE NEWSWIRE) —  Temenos (SIX: TEMN), today announced that Sacombank, one of the largest banks in Vietnam with over 15 million customers, has selected Temenos Infinity to elevate its digital banking and deliver a seamless omnichannel experience to retail and business customers. Since Kony’s acquisition in 2019, Temenos Infinity has been…

KOTA BHARU, Nov 9 (Bernama) — The Allianz Sweep Gempak recently took over AEON Mall Kota Bharu with 10 teams competing for the chance to win the Grand Prize and shop for one year’s worth of groceries valued at RM10,000. The first-of-three series of Sweep Gempak events is part of Allianz General…

LONDON, Nov 9 (Bernama-BUSINESS WIRE) — The fifteenth edition of the World Branding Awards saw over 3,500 brands from more than 45 countries named as “Brand of the Year”. Of these, less than 250 were declared Winners. The awards ceremony welcomed over 100 guests from around the world to celebrate the…

KUALA LUMPUR, Malaysia, Nov 9 (Bernama-PRNewswire) — Malaysian businessman Dato’ Ananth S. Nathan has undertaken a leading investment in founding English Premier League Club Wimbledon FC, resurrected in 2002 as AFC Wimbledon. This investment positions him as the second-largest individual shareholder, and one of the select few Asian owners of a…

KUALA LUMPUR, Nov 9 (Bernama) — The Malaysian Timber Council (MTC) and the Malaysian Wood Moulding and Joinery Council (MWMJC) signed a Memorandum of Understanding (MoU) with the Philippine Wood Producers Association (PWPA) in Makati City, Manila, The Philippines, on 7 November 2022. The MoU, which aims to promote timber trade…