MAKATI CITY: Bank of the Philippine Islands (BPI) has exceeded initial targets for its pioneering COVID Action Response Bonds (CARE Bonds), as subscriptions for the offering reached ₱21.5 billion, more than seven (7) times the initial planned issue size of…
SINGAPORE: Singapore Exchange Regulation (SGX RegCo) is consulting the market on changes to the Listing Rules governing enforcement actions for greater and swifter accountability, and clarity, in the securities market. “We are also proposing that all issuers have in place…
LYSAKER: The board of directors of Axxis Geo Solutions announced the appointment of Ronny Bøhn as CEO of Axxis Geo Solutions with effect 10 August 2020. Mr. Bøhn has more than 20 years of experience from the seismic industry and…
OSLO: The Board of PGS ASA confirmed that it has received a conditional and non-binding offer from TGS-NOPEC Geophysical Company to acquire the MultiClient data library of PGS for a cash consideration of $600 million. The offer also includes proposals…
LOS ANGELES: Architect Equity has acquired a majority share in Solution Net Systems (SNS), a leading global supplier of automated logistic systems and a trusted name in automated supply solutions, a news release said. SNS is based in Quakertown, Pennsylvania,…
MIAMI: Max Borges Agency (MBA), a PR and social media firm uniquely designed for technology brands, was named the Best in Technology winner at the 21st annual PRWeek Awards for their work with London STEM startup Kano. Max Borges Agency’s…
SAN FRANCISCO: Zynga Inc., a global leader in interactive entertainment, has entered into an agreement to acquire Istanbul-based Rollic, a mobile games developer and publisher with an exciting portfolio of popular hyper-casual games that have been downloaded more than 250…
PARIS: Following the regulatory approvals and the agreement of partners, Total SE closed the sale of UK North Sea non-core assets to NEO Energy. “As announced on May 20, we have worked closely with HitecVision and its portfolio company NEO…
MOSCOW: Rostelecom PJSC, the largest integrated digital service provider in Russia, has signed the legally binding agreement to acquire 51% of a Fastech Ltd, a digitization provider for utility companies, a news release said. The agreement has been signed through…
MELBOURNE: Major companies including BASF, CSSA, Layfield, London Drugs, Merlin Plastics, NOVA Chemicals, Recycle BC, Return-It, Save on Foods and V.I.P. Soap have joined forces to commence a pilot project to respond to one of the most pressing environmental challenges…
SYDNEY: Legacy Iron Ore Limited has appointed Shri Sumit Deb as Non-Executive Chairman, a news release said. Mr Deb has recently been appointed as Chairman cum Managing Director of NMDC Ltd, Legacy Iron’s largest shareholder, and now assumes the position…
SYDNEY: Fremont Petroleum Corporation has confirmed that a workover program is now underway to enhance the performance of an initial 26 wells in Colorado and Kentucky and deliver more consistent daily oil production and revenue. As the oil price has…