MREM Press Releases
IOIPG net profit more than doubled in 3Q FY2021
KUALA LUMPUR, May 28 (Bernama) — IOI Properties Group Berhad (IOIPG) recorded a strong financial performance for its third quarter ended 31 March 2021 with a net profit of RM178.9 million, which more than doubled from RM83.6 million in the preceding year corresponding quarter. Its revenue and operating profit showed significant
RegTech provider Napier strengthens foothold in APAC
LONDON, May 28 (Bernama-BUSINESS WIRE) — Napier, provider of next-generation anti-financial crime compliance solutions, has continued its aggressive global expansion by opening a second APAC office within 10 months. Adding a Kuala Lumpur presence to the Singapore base established last year, the London-headquartered company also announces senior leadership appointments to further
DataStax Shows Strong Momentum With New Customers, Partners And Products
SANTA CLARA, Calif., May 28 (Bernama-BUSINESS WIRE) — DataStax today revealed that it is seeing strong adoption of its open, multi-cloud data stack among leading brands as enterprises increasingly embrace DataStax’s offerings—including the DataStax Astra serverless cloud database and DataStax Enterprise—to build and run modern data apps. On the heels of new funding from Goldman Sachs, the
Pathway Closes on $400 Million Custom FOF for Asia-Based Investor
IRVINE, Calif., May 28 (Bernama-BUSINESS WIRE) — Pathway is pleased to announce that is has closed on a $400 million customized fund of funds for an Asia-based institutional investor. The fund will seek to build a diversified portfolio of primary fund investments and co-investments in both the small and middle markets
PETRONAS’ Latest Webfilm Sows Seeds of Togetherness and Joy in Celebrating Hari Gawai Dayak
KUALA LUMPUR, May 28 (Bernama) — PETRONAS celebrates Hari Gawai Dayak this year with the launch of its festive Webfilm titled ‘Manik Panik’, which explores themes of joy and togetherness. Set in a longhouse on Gawai Dayak Eve, it features an unsolved mystery that has befallen the community when a beaded
Forter Doubles Revenue in Last 12 Months; Raises $300M for a $3B Valuation
NEW YORK, May 28 (Bernama-BUSINESS WIRE) — Forter, the leader in e-commerce fraud prevention, today announced it has raised $300 million in Series F funding led by Tiger Global Management, with participation from Third Point Ventures and Adage Capital Management. Existing investors also participated including Bessemer Venture Partners, Sequoia Capital, March
Kanfer Shipping AS Signs Shipbuilding Contract With Taizhou Yard for Construction of Two LNG Bunker Vessels
TØNSBERG, Norway, May 28 (Bernama-BUSINESS WIRE) — Kanfer Shipping AS (“Kanfer”), the Norway-based shipping company focusing on small-scale LNG sea transportation and LNG bunkering, today signed shipbuilding contract with China-based Taizhou Wuzhou Shipbuilding Industry Co. Ltd (“Taizhou”) for the construction of its first two small-scale LNG bunker and distribution ships with
KPS Registers Commendable Start in 1Q21 with 44% Improvement in Manufacturing Sales, Solidifying Growth Trajectory Whilst Bridging Recovery
SHAH ALAM, May 28 (Bernama) — Kumpulan Perangsang Selangor Berhad (“KPS” or “the Company” or “the Group”, Bursa: 5843; Bloomberg: KUPS MK; Reuters: KPSB.KL) on 27 May reported a 31.6% growth in revenue to RM308.4 million for the quarter ended 31 March 2021, as compared with RM234.4 million in the corresponding
Monde Nissin Completes Domestic and International Book Builds and Announces IPO Shares Were Multiple Times Oversubscribed
MAKATI CITY, Phillippines, May 28 (Bernama-BUSINESS WIRE) — Monde Nissin Corporation (“Monde Nissin” or the “Company”) today announced that it completed the offering period for its proposed initial public offering (“IPO”) of 3,600,000,000 Common Shares (the “Offering”) at a price of Php13.50 per share, with an overallotment option of a further
Toshiba Releases Photovoltaic-Output Photocoupler for Isolated Solid State Relays
TOKYO, May 28 (Bernama-BUSINESS WIRE) — Toshiba Electronic Devices & Storage Corporation (“Toshiba”) has launched “TLP3910,” a photovoltaic-output photocoupler (“photovoltaic coupler”) housed in a thin SO6L package, suitable for driving the gates of high-voltage power MOSFETs used as isolated solid state relay (SSR)[1] function. Volume production shipments start today. An SSR is a