• August 10, 2022
  • Last Update August 10, 2022 12:14 pm
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MREM Press Releases

J.M. Huber Corporation Signs Agreement To Acquire The Biolchim Group From NB Renaissance, Chequers Capital And Management Team

ATLANTA, Aug 9 (Bernama-GLOBE NEWSWIRE) — J.M. Huber Corporation (Huber)—a global, family-owned specialty engineered materials manufacturing company—announced today that it has signed a binding agreement to acquire full control of the Biolchim Group from NB Renaissance, Chequers Capital and the Biolchim Group management team. The Biolchim Group, managed and headed by

To Build Web 3.0 Native Payment Infrastructure, Airswift Raises $2 MM in Pre-Seed Funding Led by CE Innovation Capital

VANCOUVER, British Columbia, Aug 9 (Bernama-BUSINESS WIRE) — Airswift, a fintech startup pioneering Web 3.0 native payment solutions, announced that it raised $2 million USD in a pre-seed funding led by CE Innovation Capital (CEiC). The latest funding comes amid a bear market sentiment and uncertainty around crypto. It indicates that

upGrad Closes Investment Round of USD 210 Million

MUMBAI, India, Aug 9 (Bernama-BUSINESS WIRE) — upGrad, Asia’s higher edtech major, has announced a fresh round of fundraise from marquee investors and Family Offices who join the company cap-table. This round has witnessed participation from ETS Global (world’s largest TOEFL & GRE Test Leader), Bodhi Tree (a JV of James

SEEd.Lab Empowers Malaysian Changemakers At Its Second Open Day

KUALA LUMPUR, Aug 8 (Bernama) — SEEd.Lab, or Social Enterprise Education Laboratory – an incubator programme powered by PETRONAS and Tata Consultancy Services (TCS) – debuted six social ventures from its second cohort at its Open House, which was held at Petrosains, Suria KLCC from 4 to 6 August 2022. The Open

Kulim To Build Its Palm-fibre Oil Extraction Plant To Produce Red Palm Oil

JOHOR BAHRU, Aug 8 (Bernama) — Kulim (Malaysia) Berhad (KULIM), through its plantation subsidiary, Mahamurni Plantations Sdn Bhd (MPSB), will build its first palm-fibre oil extraction (PFOE) plant in Sedenak palm oil mill in Johor. As part of its waste to treasure initiative, the PFOE plant extracts oil from mesocarp fibre

Juniper Research: Buy Now Pay Later Users to Reach Over 900 Million Globally by 2027, Driven by Low Cost of Credit

BASINGSTOKE, England, Aug 8 (Bernama-BUSINESS WIRE) — A new study from Juniper Research has predicted that the number of BNPL (Buy Now Pay Later) users will surpass 900 million globally by 2027; increasing from 360 million in 2022. This substantial growth of 157% will be driven by the anticipated economic downturn, which will

Prestigious ESG World Summit Special Award Bagged By Thumbprints

KUALA LUMPUR, Aug 8 (Bernama) — Another feather has been added recently to Thumbprints Utd Sdn Bhd, when they bagged the prestigious ESG World Summit and Grit Award for Most Promising Transition under the Special Awards category in July this year. Receiving the award at the ESG World Summit in Singapore last month

Bank Muamalat Offers Home Financing Up To RM400,000 Under Its Smart Mortgage SJKP Scheme To First Time Home Buyers

KUALA LUMPUR, Aug 8 (Bernama) — Bank Muamalat Malaysia Berhad (Bank Muamalat) is offering financing up to RM400,000 through its SMART Mortgage SJKP scheme to help self-employed and non-fixed income earners, including gig economy workers, business owners and small traders or entrepreneurs to own their first homes. The scheme is guaranteed

EV Industry Chain in Kaohsiung Achieves Greater Global Presence

KAOHSIUNG,Taiwan, Aug 8 (Bernama-BUSINESS WIRE) — The global sales of electric vehicles (EV) are growing exponentially. To forge Kaohsiung an important base for the global EV industry, the Kaohsiung City Government teamed up with Hon Hai Technology Group (Foxconn) to work on several aspects such as smart electric buses and

OCIM And KUMHO P&B Venture To Produce Epichlorohydrin (ECH) In Sarawak, The First ECH Project In Malaysia

KUALA LUMPUR, Aug 8 (Bernama) — OCIKUMHO, Malaysian subsidiary of South Korean poly-si producer OCI Company Ltd. and South Korea-based Kumho P&B Chemical Inc has made an announcement on their partnership to manufacture Epichlorohydrin (ECH) at Samalaju Industrial Park, Sarawak. The production that has a capacity to produce up to 100