Articles by PRNEWSWIRE
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Affinity Equity Partners concludes its successful investment in Island Hospital Sdn Bhd
Affinity Equity Partners is exiting its controlling stake in Island Hospital Sdn. Bhd. SINGAPORE, Sept. 5, 2024 /PRNewswire/ -- Affinity Equity Partners-led consortium has entered into a definitive sales and purchase agreement to fully divest its 100% stake in Island Hospital Sdn. Bhd. ("Island Hospital" or the "Company") to IHH Healthcare Bhd. ("IHH"). The 100% sale at an enterprise value of RM 4.2 billion (c. US$ 966 million) includes Affinity's 78% stake, with
PR Newswire Sept. 5, 2024
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PETRONAS and Axiata Win 2024 ASEAN Enterprise Innovation Award, Showcasing Projects on AI-Driven Knowledge Discovery and Cybersecurity Innovation
KUALA LUMPUR, Malaysia, Sept. 5, 2024 /PRNewswire/ -- The annual ASEAN Innovation Business Platform (AIBP) Enterprise Innovation Awards received 113 submissions from public and private organisations throughout Southeast Asia, out of which 56 projects were selected as finalists. Since 2017, the awards have aimed to recognise Southeast Asian-based organisations that have embarked on projects to digitally transform their businesses through the adoption of innovative technology. (Left to R
PR Newswire Sept. 5, 2024
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IMF: Financial and Regulatory Reform Agenda Contributed to Accelerating Saudi Economy's Growth
RIYADH, Saudi Arabia, Sept. 5, 2024 /PRNewswire/ -- The International Monetary Fund (IMF) issued a positive report on the Kingdom of Saudi Arabia following the conclusion of the Article IV consultations with Saudi Arabia. The IMF report confirmed that Saudi Arabia's financial and regulatory reform agenda contributed to accelerating the Saudi economy's growth, containing inflation, and reducing the unemployment rate to its lowest levels ever. The IMF praised the ongoing economic transformation an
PR Newswire Sept. 5, 2024
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2024 the 12th Yao Foundation Charity Game Successfully Concludes: Shines for a Great Cause for the Following Major International Sports Events in Hong Kong, China.
HONG KONG, Sept. 4, 2024 /PRNewswire/ -- Hosted by the Yao Foundation and the China Youth Development Foundation; co-hosted by Colorfull Sport Cultural Ltd.; supported by Sports Programming Center of China Media Group and Starz Sports Youth Culture Co., Ltd, 2024 the 12th Yao Foundation Charity Game has concluded successfully on 20 August 2024 at AsiaWorld-Expo, Hong Kong, China. During the charity game, James Harden, the NBA MVP in 2018 and a 10-time NBA All-Star Game Player, joined by the 9-
PR Newswire Sept. 5, 2024
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CADAR APPOINTS RALPH SIMONS AS CEO TO HELM FINE JEWELRY BUSINESS
Simons has a storied career building luxury consumer brands NEW YORK, Sept. 4, 2024 /PRNewswire/ -- New York City-based fine jewelry brand CADAR today announced the appointment of Ralph Simons as chief executive officer, effective September 1, 2024. Ralph Simons, Chief Executive Officer, CADAR "Ralph's impressive career demonstrates his ability to develop effective growth strategies that align with our aspirations for CADAR," said Michal Kadar, founder and cre
PR Newswire Sept. 5, 2024
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Gabriel Millan joins Mars as Chief Financial Officer for Petcare business
Mars announces Gabriel Millan as new CFO for Petcare, Millan will join the Mars Petcare Leadership Team and global Finance Leadership Team Recognized finance leader with over 25 years' experience in Fortune-500/FTSE-100 companies across consumer goods and life sciences, to join Mars from GSK BRUSSELS, Sept. 4, 2024 /PRNewswire/ -- Today, Mars named Gabriel Millan as Chief Financial Officer (CFO) for their leading pet health, services, and nutrition business. Millan,
PR Newswire Sept. 5, 2024
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Samyang Corporation Completes Specialty Plant, Establishes Korea's Largest Allulose Production Facility
Completion of the Specialty (high-functional ingredients) Plant producing allulose and prebiotics ingredients Total floor area of 22,150m2, annual specialty ingredients production capacity of 25,000 tons, with an investment of approximately KRW 140 billion Largest allulose production capacity in Korea; aims to double specialty product revenue share by 2030. SEOUL, South Korea, Sept. 4, 2024 /PRNewswire/ -- Samyang Corporation has completed construction of Korea's largest allulo
PR Newswire Sept. 5, 2024
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Sephora Pushes the Boundaries of Innovation with the Reopening of Melbourne Central Flagship Store
As part of its 10th anniversary in Australia, Sephora is pushing the boundaries of innovation to bring new retail concepts and expand its footprint for its growing community of beauty enthusiasts MELBOURNE, Australia, Sept. 4, 2024 /PRNewswire/ -- Sephora is excited to announce the re-design of its Melbourne flagship store, the largest Sephora store in ANZ at 693 square metres. This beauty haven at Melbourne Central has undergone an extensive renovation to usher in a new era for A
PR Newswire Sept. 5, 2024
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Alibaba International Wraps Up 2024 Global E-Commerce Challenge, Highlighting Youth Innovation
HANGZHOU, China, Sept. 4, 2024 /PRNewswire/ -- Alibaba International Digital Commerce Group ("Alibaba International") today concluded its Global E-commerce Challenge (GEC) 2024 with a global finals event in Hangzhou, China, spotlighting exceptional young innovators worldwide. 2024 GEC first prize winner Team CrashCourse from Singapore Management University Launched in 2021, the GEC aims to attract and engage young talents globally to shape the future of e-commerce.
PR Newswire Sept. 5, 2024
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CGTN: Jointly advancing modernization, building high-level China-Africa community with shared future
BEIJING, Sept. 4, 2024 /PRNewswire/ -- For Eric Ngirababyeyi, who is pursuing a master's degree at a university in east China's Jiangsu Province, a letter from Chinese President Xi Jinping is one of the best things to have happened to commemorate his school life in China. In a reply letter last July to Ngirababyeyi and 36 other international students pursuing master's degrees in auditing at Nanjing Audit University, Xi encouraged them to use auditing as a window to better understand China
PR Newswire Sept. 4, 2024
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STUPENDOUS 1935 DUESENBERG MODEL SJ SPEEDSTER BY GURNEY NUTTING WINS THE PENINSULA CLASSICS' RENOWNED BEST OF THE BEST AWARD
LONDON, Sept. 4, 2024 /PRNewswire/ -- The Peninsula, whose international hospitality brand has epitomised glamour and luxury for nearly a century, has announced the 1935 Duesenberg Model SJ Speedster as the winner of its highest honour, The Peninsula Classics Best of the Best Award 2023. The rare distinction selects a winner from a group of exceptional classic automobiles that have won significant awards at major concours events over the previous year. 1935 Duesenberg Model SJ Speedst
PR Newswire Sept. 4, 2024
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Xinhua Silk Road: Salon event held to empower industrial development through cross-border e-commerce in C. China's Changsha County
BEIJING, Sept. 4, 2024 /PRNewswire/ -- A salon event focusing on paths of cross-border e-commerce enabling county-level industrial belt development was held in Changsha County of Changsha City, central China's Hunan Province, on August 31, 2024. The event gathered over 100 representatives from enterprises, industry associations, service organizations, as well as e-commerce associations and platforms. During the event, Changsha County officially inaugurated its export base for second-han
PR Newswire Sept. 4, 2024
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Innodisk Unveils Advanced CXL Memory Module to Power AI Servers
TAIPEI, Sept. 4, 2024 /PRNewswire/ -- Innodisk, a leading global AI solution provider, continues to push the boundaries of innovation with the launch of its cutting-edge Compute Express Link (CXL) Memory Module, which is designed to meet the rapid growth demands of AI servers and cloud data centers. As one of the few module manufacturers offering this technology, Innodisk is at the forefront of AI and high-performance computing. Innodisk continues to push the boundaries of innovation wit
PR Newswire Sept. 4, 2024
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Huawei and Partners Successfully Test New Wild Fire Detection Solution in Greece
ATHENS, Greece, Sept. 4, 2024 /PRNewswire/ -- Huawei and partners National and Kapodistrian University of Athens (NKUA) and the start-up PROBOTEK have successfully tested a forest fire prevention system in Greece. The system sends evacuation routes to residents' phones via an app The partners tested the real-time detection system using a smoke and fire simulation. The solution, developed under Huawei's TECH4ALL initiative, will enable emergency services to resp
PR Newswire Sept. 4, 2024
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Fliggy's 2024 Summer Travel Report Shows Surge in Demand for Premium and Immersive Experiences
Highlighting a significant rise in both average bookings and customer spending year-on-year HANGZHOU, China, Sept. 4, 2024 /PRNewswire/ -- Fliggy, a leading online travel platform and wholly-owned subsidiary of Alibaba Group (NYSE: BABA and HKEX: 9988), has released its 2024 Summer Travel Report, which reveals a significant year-on-year growth in average booking volume and spending per consumer as the industry continues to show growth. This trend in the data, consistent with patterns observe
PR Newswire Sept. 4, 2024
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