Saturday, December 30, 2017

EASTSPRING INVESTMENTS DECLARES INCOME DISTRIBUTIONS FOR FIVE FUNDS


KUALA LUMPUR, Dec 29 (Bernama) --- Eastspring Investments Bhd has announced the income distributions for five of its existing unit trust funds.
In a statement, Eastspring said it would pay 0.038 sen per unit gross income distribution for Eastspring Investments Small-cap Fund, 0.039 sen per unit for Eastspring Investments Growth Fund, 0.0496 sen per unit for Eastspring Investments Balanced Fund, 0.027 sen per unit for Eastspring Investments Bond Fund and 0.029 sen per unit for Eastspring Investments Asia Pacific ex-Japan Target Return Fund.
It said all unit holders who had maintained their unit holdings in the funds as at Dec 26, 2017 would be entitled to the income distribution.
-- BERNAMA 


Thursday, December 28, 2017

KB ASSET MANAGEMENT SINGAPORE PICKS EZE SOFTWARE

SINGAPORE, Dec 28 (Bernama-BUSINESS WIRE) -- KB Asset Management Singapore Pte Ltd, the offshore asset management subsidiary of KB Financial Group, has engaged Eze Software to set up its portfolio management and accounting operations infrastructure to support its expansion plans. The firm was set up as an offshore subsidiary of KB Asset Management to attract global investors with international investment strategies. KB Asset Management Singapore Pte Ltd. is in the process of setting up a new offshore long/short fund in the Cayman Islands, set to launch in February 2018. The firm will be using Eze Portfolio Management & Accounting to support its operations.
 
“As we embarked on our aggressive growth plans, we wanted to partner with a reputable technology provider that could support our growth globally,” said BH Chung, CEO and CIO at KB Asset Management Singapore Pte Ltd. “Eze Software has a long history of consistent performance and service in the investment management market, and we are confident that it will provide us with the scalability and flexibility we need to expand.”
 
“We are excited to partner with KB Asset Management to help grow its offshore business,” said R.G. Manalac, Managing Director, APAC, Eze Software. “Asset management in APAC is experiencing tremendous growth, and end investors are increasingly demanding from asset managers a solid technology infrastructure for investment operations. We look forward to supporting KB Asset Management in its efforts to create a scalable technology operation.”
 
Since the beginning of 2016, Eze Software has signed on more than 40 clients in APAC, ranging from start-up managers with less than USD50 million in AUM to multi-billion dollar institutional asset managers. It was also named “Best Technology Provider – Innovation” in the 2016 HFM Asia Hedge Fund Services Awards. The company has also continued to build out client service support in Hong Kong, Singapore, Australia and Hyderabad.

http://mrem.bernama.com/viewsm.php?idm=30856

CUBE HIGHWAYS TO SELL A MINORITY STAKE TO A CONSORTIUM OF JAPANESE INVESTORS

SINGAPORE, Dec 28 (Bernama-BUSINESS WIRE) -- Cube Highways has signed definitive agreements for the sale of a minority stake to Japan Highways International (JHI), a Japanese consortium of infrastructure investors led by Mitsubishi Corporation. JHI’s investment reaffirms Cube Highways’ position as a leading owner and operator of highways in India and follows the recent announcement of a minority stake sale to a wholly-owned subsidiary of the Abu Dhabi Investment Authority (ADIA).
 
Cube Highways is an independent, professionally-managed platform that owns and operates more than 1,700 lane-kilometers of highways in India. Formed by two leading global financial institutions, I Squared Capital and the International Finance Corporation (IFC), Cube Highways leverages the extensive transportation experience of its executive and engineering teams to manage a diverse portfolio of toll and annuity roads. Last week the company announced agreements to acquire Salem Tollways and Kumarapalyam Tollways, in the state of Tamil Nadu.
 
“With the entry of JHI, Cube Highways has expanded its set of leading infrastructure investors from across the globe. Our new partners bring world-class technical and engineering capabilities, as well as deep global experience, to help further expand the platform. This new capital also demonstrates investor confidence in the future of Cube Highways and the growth potential of the highways sector in India,” said Gautam Bhandari, Director of Cube Highways and Partner of I Squared Capital.
 
Hyun-Chan Cho, Regional Industry Head, Infrastructure & Natural Resources, IFC, said, “We welcome JHI as our new partner in Cube Highways. As one of the oldest and leading investors in the Indian infrastructure space, IFC is very pleased to see other international investors joining hands to support the growth of the highways sector. High-quality transport and logistics infrastructure is key to sustaining India’s growth and ensuring that economic opportunities are available to communities across urban as well as rural India.”
 
http://mrem.bernama.com/viewsm.php?idm=30852

Wednesday, December 27, 2017

PRESS RELEASE - OLDTOWN DEALINGS DISCLOSURE

OLDTOWN BERHAD ("OLDTOWN")

PRE-CONDITIONAL VOLUNTARY CONDITIONAL OFFER BY JACOBS DOUWE EGBERTS HOLDINGS ASIA NL B.V. ("JDE ASIA" OR "OFFEROR") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES OF OLDTOWN NOT ALREADY HELD BY THE OFFEROR ("PRE-CONDITIONAL VOLUNTARY OFFER")

DISCLOSURE OF DEALINGS IN ACCORDANCE WITH RULE 19 OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS ("RULES")

 
KUALA LUMPUR, Dec 27 (Bernama) -- We refer to the announcement dated 11 December 2017 made by OldTown on the Pre-Conditional Voluntary Offer.
 
Pursuant to Paragraph 19.04(1) of the Rules, we wish to inform that CIMB Investment Bank Berhad, who has been appointed as an adviser to the Offeror in connection with the Pre-Conditional Voluntary Offer has dealt in the securities of OldTown on 26 December 2017 for its discretionary clients, details of which are as follows:
 
Own account/for 
discretionary client
Type of SecurityTransactionQuantityAverage Price  
RM
Discretionary ClientOrdinary SharePurchase87,0003.0918


Should you require any clarification or further information, kindly contact Kuan Sook Cheng at (03) 2261 0328 and Deena Elin Binti Che Khalib at (03) 2261 0318.
for CIMB Investment Bank Berhad

Tan Wei Han
Managing Director
Corporate Finance
Investment Banking Malaysia

Kuan Sook Cheng
Director
Corporate Finance
Investment Banking Malaysia
 

SOURCE : CIMB Group

Tuesday, December 26, 2017

STARR COMPANIES ANNOUNCES COOPERATION WITH PICC HEALTH TO PROVIDE INSURANCE TO CHINESE COMPANY EMPLOYEES WORKING IN THE BELT & ROAD INITIATIVE COUNTRIES

NEW YORK, Dec 26 (Bernama-BUSINESS WIRE) -- Starr Companies today announced a cooperation with PICC Health Insurance Company Limited (PICC Health) to provide industry-leading, innovative insurance for Chinese company employees working overseas in Belt & Road Initiative (BRI) countries.
 
PICC Health, a subsidiary of the People’s Insurance Company (Group) of China Limited, and People's Daily, China’s leading newspaper, held a forum in Beijing on "Innovative Insurance Solutions for the Belt & Road Initiative" in conjunction with the Chinese Ministries of Commerce, Foreign Affairs, Public Health, the China Insurance Regulatory Commission and other Chinese government agencies and academic institutions. At the forum, PICC Health and Starr Companies officially launched a suite of innovative insurance products and services for Chinese company employees working overseas in BRI countries, providing comprehensive coverage and high-quality assistance services for these customers.
 
This industry-leading cooperation combines the domestic strengths of PICC Health, China’s dominant health insurer with a large Chinese corporate client base, and the global experience and expertise of Starr Companies, led by its legendary Chairman & CEO Maurice R. Greenberg.
 
This premier product is a specialty accident and health offering jointly developed by PICC Health, Starr Property & Casualty Insurance (China) Company Limited, and Starr Companies’ Assist Card International subsidiary. In addition to medical and Accidental Death & Dismemberment benefits, the product provides customers with benefits and services including medical evacuation and repatriation, compassionate visit, food poisoning, kidnap and ransom protection, as well as unique solutions such as risk management advice and cashless medical payment services through the Assist Card International network. A dedicated call center has been established to provide global services to Chinese customers including those working in BRI countries.
 
This cooperation between these two parties provides strong support for the employees of Chinese companies active in BRI countries, with the objective of building a “Healthy Silk Road.” For further information, please contact PICC Health in Beijing or Starr Companies in Shanghai.

http://mrem.bernama.com/viewsm.php?idm=30848

Friday, December 22, 2017

CEIS, HAIKEN GROUP TO JOINTLY COMPILE SERIAL PRICE INDEXES

BEIJING, China, Dec. 22, 2017 /Xinhua-AsiaNet/--
 
China Economic Information Service, an affiliate of Xinhua News Agency, signed a cooperative agreement with Haiken Group on Monday to jointly compile "Xinhua-Haiken" serial price indexes.

"Xinhua-Haiken" serial price indexes would include "Xinhua-Haiken China Natural Rubber Serial Price Indexes", "Xinhua-Haiken Hainan Pepper Price Index" and "Xinhua-Haiken Hainan Areca-nut Price Index."

With samples covering the entire industrial chain, the serial price indexes, to be released from 2018 on a daily basis, are aimed at giving a precise reflection of the price trend of all links in the industrial chain and providing valuable information for the industry.

In particular, "Xinhua-Haiken China Natural Rubber Serial Price Indexes", consisting of four indexes, mark the first of its kind linking the production and the marketing of rubber in China.

Moreover, the two sides will jointly explore the construction of natural rubber, pepper and areca-nut industrial ecosystem, integrate social and industrial resources, and build high-end platform for industrial innovation, strategic research and dialogue.

CEIS, as one of the largest economic information providers in China, boasts five national-level platforms including Xinhua Finance, Xinhua Silkroad, Xinhua Credit, Shanghai Petroleum and Natural Gas Exchange (SHPGX) and Xinhua Think Tank. Since its restructuring in April 2016, CEIS has launches a series of products with widespread impact.

Haiken Group, a solely state-owned enterprise by the People's Government of Hainan Province, boasts sound industrial basis of natural rubber, tropical agriculture, livestock breeding, tourism real estate, trade logistics and financial service.

Source: China Economic Information Service

Image Attachments Links:
http://asianetnews.net/view-attachment?attach-id=303555

DENIS DELVAL IS APPOINTED CEO OF LFB SA

LES ULIS, France, Dec 22 (Bernama-BUSINESS WIRE) -- On December 20th, a decree from the President of France was published in Le Journal Officiel* appointing Denis DELVAL CEO of LFB S.A. This decree follows the General Meeting of LFB SA and the meeting of its Board of Directors, which both took place on December 4th, 2017.

Denis DELVAL is also appointed, CEO of LFB BIOMEDICAMENTS and President of LFB BIOTECHNOLOGIES as of December 4th, following Christian BÉCHON and Denis SOUBEYRAN’s departures.

A graduate of ESSEC and INSEAD business schools with a PhD in Pharmacy, Denis DELVAL has a deep understanding of the pharmaceutical industry. He has held important marketing, sales and strategic positions in France, Europe and worldwide and has managed international partnerships within various pharmaceutical groups (Bayer, Fournier Pharma, ALK). In 2006, he was appointed General Manager of ALK France. In 2012, he also became Senior Vice President of the Danish pharmaceutical company specialized in allergy immunotherapy treatments. Denis DELVAL lectures at ESSEC business school and has also been Chairman of Lecrip.org, a healthcare think tank.

“I am proud to be appointed as CEO of LFB Group and to work for this company operating in a strategic sector. LFB produces therapeutics that are essential for the lives of thousands of patients, particularly in the rare disease field. I am fully aware of the challenges ahead and look forward to unleashing energies to make this pharmaceutical company successful in France and internationally.”

* The Official Journal of the French Republic.

About LFB Group

LFB is a biopharmaceutical group that develops, manufactures, and markets medicinal products derived from living matter for the treatment of serious and often rare diseases in several major therapeutic fields, including Hemostasis, Immunology and Intensive Care. LFB is the leading manufacturer of plasma-derived medicinal products in France and 7th worldwide, and is also among the leading European companies for the development of new-generation medicinal products or treatments based on biotechnologies. Through its constant research efforts, the LFB group implements a growth strategy to expand its activities on international markets. Today, LFB currently markets its products in almost 60 countries around the world with a global turnover of €518.9 million in 2016. LFB group employs more than 2300 people worldwide.
www.groupe-lfb.com

Contacts
LFB SA
Sandrine Charrières, Tel : +33-(0)1-6982-7280
Executive VP Corporate Communications
charrieres@lfb.fr
 

Source: LFB S.A.

WILLIAMS SCOTSMAN COMPLETES ACQUISITION OF ACTON MOBILE

BALTIMORE, Dec 22 (Bernama-GLOBE NEWSWIRE) -- WillScot Corporation (NASDAQ:WSC) (“Williams Scotsman”) today announced that it has completed its previously announced acquisition of Acton Mobile (ActonMobile.com) for a cash purchase price of approximately $235 million.

Williams Scotsman will have nearly 100,000 modular space and portable storage units serving approximately 35,000 customers from over 100 locations across the United States, Canada and Mexico.  Williams Scotsman will expand the breadth and depth of its Ready to Work services to existing and incremental customers and markets.

http://mrem.bernama.com/viewsm.php?idm=30842

Thursday, December 21, 2017

AJWELP EMPOWERS WOMEN ENTREPRENEURS IN THE ASEAN MEMBER STATES

TOKYO, Dec 21 (Bernama-BUSINESS WIRE) -- The ASEAN-Japan Centre (AJC) organized the 2nd ASEAN-Japan Women Entrepreneurs’ Linkage Program (AJWELP), a program to empower start-up women entrepreneurs, in Jakarta, Indonesia on December 3-6, 2017. It was co-hosted by Ministry of Cooperatives and SME of Indonesia and Kamar Dagang dan Industri Indonesia (KADIN: Indonesian Chamber of Commerce and Industry), in cooperation with ASEAN Secretariat, ASEAN Coordinating Committee on Micro, Small and Medium Enterprises (ACCMSME), United Nations Conference on Trade and Development (UNCTAD), ASEAN Business Advisory Council (ABAC), and ASEAN Women Entrepreneurs Network (AWEN).

http://mrem.bernama.com/viewsm.php?idm=30835

NASDAQ SEES CONTINUED MOMENTUM IN U.S. LISTINGS WITH RECORD-BREAKING EXCHANGE TRANSFERS AND IMPROVED IPO ENVIRONMENT

Record number of transfers valued at $379.8 billion market cap joining Nasdaq from NYSE in 2017

Leading U.S. exchange in total number of IPOs for 16 consecutive quarters


NEW YORK, Dec 21 (Bernama-GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced today that it welcomed a total of 262 new listings so far in 2017 – including 133 initial public offerings (IPOs) and 33 transfers. The record-breaking year of exchange transfers is a validation of our long-term commitment to listed companies across all sectors at any stage of their growth journeys. Nasdaq has extended its IPO leadership to 16 consecutive quarters in the U.S. with a 62 percent win rate. Notable IPOs in 2017 included Roku, Redfin, CarGurus, National Vision, Denali and Hamilton Lane.   

This year, the total market value of all companies joining Nasdaq from the NYSE since 2005 has exceeded $1.2 trillion dollars. In 2017, Nasdaq welcomed a total of 33 switches, including 12 companies and 21 exchange traded products (ETPs), with a combined market value of approximately $379.8 billion. Company transfers included PepsiCo, Inc. ($165.8B market cap), Principal Financial Group ($20.6B market cap), Workday ($21.8B market cap), Brookfield Property Partners ($15.4B market cap), Xcel Energy ($25.7B market cap) and Visteon ($4B market cap). PepsiCo is the largest exchange switch to date.

Maintaining its position as the leading global listing venue, companies from a diverse range of industries and countries successfully launched their IPOs on Nasdaq in 2017, raising a total of approximately $15.1 billion. Nine of the top 10 best performing U.S. IPOs chose Nasdaq as their home exchange as well as 8 of the top 10 performing technology IPOs (as of the market close on December 15, 2017).

Nasdaq Weighted IPO Return 2017
Total IPOs13323.6%
Tech IPOs1970.5%

Major Indices
DOW 24.9%
S&P 500 19.63%
Nasdaq 29%

Data source: Nasdaq, as of market close on December 15, 2017

“Since 1971, Nasdaq has supported many of the world’s most innovative and admired companies and we couldn’t be more proud to be the long-term partner throughout all stages of their journeys – before, during and after the IPO,” said Nelson Griggs, President, Nasdaq Stock Exchange. “This year, we welcome the next generation of entrepreneurs and some of the most recognized global brands to the Nasdaq family, while celebrating milestones of Nasdaq listed companies including Amazon, Starbucks and Celgene. Their achievements are the cornerstone of our nation’s economic growth, delivering breakthrough innovations in technology, medicine, entertainment and all areas that impact our daily life.”

Companies celebrating their listing milestones include:
  • Amazon.com, Inc. (ticker: AMZN) - listed on May 16, 1997, celebrating its 20th listing anniversary. The stock opened at $18 per share in 1997 and is trading above $1,000 today.
  • Starbucks Corporation (ticker: SBUX) – listed on July 2, 1992, celebrating its 25th listing anniversary. Since its listing on Nasdaq, it grew from 165 stores to over 26,000 global locations.
  • Celgene Corp. (ticker: CELG) – listed on August 7, 1987, celebrating its 30th listing anniversary. There are more than 300 clinical trials at major medical centers using compounds from Celgene.
  • Netflix, Inc. (ticker: NFLX) – listed on May 23, 2002, celebrating 15th listing anniversary. Founded in 1997, Netflix was a video mailing service. Today Netflix reaches 100 million subscribers globally and transforms the entertainment industry with its original content.
 
2017 Total New Listings*262
Initial Public Offerings**133
Other Listings 56
ETPs (including ETP transfers)61
Company Transfers to Nasdaq from Competing Exchanges***12
 

*Data source: Nasdaq, FactSet, EDGAR Online, January 1, 2017 – December 15, 2017
**Includes the following capital raising events in the U.S. as priced in 2017: IPO, REIT, SPAC, BDC, Foreign Exchange Dual Listing, Best Effort and Spin-offs
***Includes all transfers announced as of December 19, 2017

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Information about the company is provided by the company or comes from the company’s public filings and is not independently verified by Nasdaq. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

About Nasdaq

Nasdaq (Nasdaq:NDAQ) is a leading global provider of trading, clearing, exchange technology, listing, information and public company services. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today’s global capital markets. As the creator of the world’s first electronic stock market, its technology powers more than 90 marketplaces in 50 countries, and 1 in 10 of the world’s securities transactions. Nasdaq is home to approximately 3,900 total listings with a market value of approximately $12 trillion. To learn more, visit: http://business.nasdaq.com.

Media Relations Contact:
 
+  Stephanie Lowenthal
+  (646) 441-5073
+ Stephanie.Lowenthal@nasdaq.com

+  Emily Pan
+  (646) 441-5120 
+ emily.pan@nasdaq.com

SOURCE : Nasdaq, Inc.

NEW MEMBER APPOINTED TO THE BOARD OF DIRECTORS OF NEURALSTEM

GERMANTOWN, Md., Dec 21 (Bernama-GLOBE NEWSWIRE) -- Neuralstem, Inc. (Nasdaq:CUR), a biopharmaceutical company developing novel treatments for nervous system diseases, today announced that Xi Chen, Ph.D.,  has been appointed to its Board of Directors, effective immediately. Dr. Chen was appointed by Tianjin to replace Zhang Zhuo as the director appointee of the Series A Convertible Preferred Stock.

“It is our pleasure to welcome Dr. Chen to the Board of Directors,” said Rich Daly, Chairman and CEO. “Dr. Chen comes to us with years of therapeutic development and administrative expertise, and the contributions and guidance that he has to offer will be highly valuable to the future of the Company.”

Dr. Chen has served as the Assistant General Manager of Manufacture, Equipment, and Administration at Tianjin Kinnovata Pharmaceutical since 2014. He also served as the Deputy Director of the Marketing Department at Tianjin Pharmaceutical Holdings since 2012. Previously, Dr. Chen was the Executive Vice General Manager of Tianjin Lights Medical Device Co., and a Research Associate, Lab Manager at the University of Ottawa, and Anesthesiologist at Tianjin Union Hospital.  

Dr. Chen. holds a PhD in Enterprises Management, a Master’s Degree in Molecular Biology from University of Ottawa, and a Clinical Bachelor’s Degree from Tianjin Medical University.  

About Neuralstem

Neuralstem is a clinical-stage biopharmaceutical company developing novel treatments for nervous system diseases of high unmet medical need.  NSI-189 is a small molecule in clinical development for major depressive disorder (MDD) and in preclinical development for Angelman syndrome, irradiation-induced cognitive impairment, Type 1 and Type 2 diabetes, and stroke.  NSI-566 is a stem cell therapy being tested for treatment of paralysis in stroke, chronic spinal cord injury (cSCI) and Amyotrophic Lateral Sclerosis (ALS).  Neuralstem’s diversified portfolio of product candidates is based on its proprietary neural stem cell technology.

Cautionary Statement Regarding Forward Looking Information

This news release contains “forward-looking statements” made pursuant to the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements relate to future, not past, events and may often be identified by words such as “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. Specific risks and uncertainties that could cause our actual results to differ materially from those expressed in our forward-looking statements include risks inherent in the development and commercialization of potential products, uncertainty of clinical trial results or regulatory approvals or clearances, need for future capital, dependence upon collaborators and maintenance of our intellectual property rights. Actual results may differ materially from the results anticipated in these forward-looking statements. Additional information on potential factors that could affect our results and other risks and uncertainties are detailed from time to time in Neuralstem’s periodic reports, including the Annual Report on Form 10-K for the year ended December 31, 2016, and Form 10-Q for the three and nine months ended September 30, 2017, filed with the Securities and Exchange Commission (SEC), and in other reports filed with the SEC. We do not assume any obligation to update any forward-looking statements.

Contact:
Kimberly Minarovich
Argot Partners (Investor Relations)
212-600-1902

kimberly@argotpartners.com

SOURCE : Neuralstem, Inc.

CUBE HIGHWAYS TO ACQUIRE 100 PERCENT STAKE IN TWO OPERATING TOLL ROADS IN TAMIL NADU

NEW DELHI, Dec 21 (Bernama-BUSINESS WIRE) -- Cube Highways & Infrastructure Pte. Ltd. (“Cube Highways”) has entered into an agreement with IVRCL Ltd. to acquire 100 percent of Salem Tollways Limited (“STL”) and Kumarapalayam Tollways Limited (“KTL”), both subsidiaries of IVRCL.

As sections of National Highway 544, STL operates a 53.5 kilometer stretch between Salem and Kumarapalayam and KTL operates a contiguous 48.5 kilometer stretch between Kumarapalayam and Chengapalli, in the state of Tamil Nadu. The roads are 20-year toll projects awarded after competitive bidding in 2005 for strengthening and widening two-lane highways to a four-lane configuration. Completed in 2010 and 2009 respectively, both roads have strong and established operational histories.

Commenting on the transaction, Gautam Bhandari, Director of Cube Highways and Partner of I Squared Capital said, “This transaction fits well within our strategy of investing in mature operational assets. The roads increase the geographical diversification of the Cube Highways portfolio and strengthen our presence in southern India.”

“We expect to benefit from significant operational synergies since both the roads are contiguous to each other,” said Dr. Harikishan Reddy, CEO of Cube Highways Advisors. “These roads benefit from a high proportion of captive traffic between two large industrial centres of Coimbatore and Chennai, which is demonstrated by the stable and robust growth on this corridor.”

The completion of the transaction is contingent upon fulfilment of certain customary regulatory and lender approvals.

About Cube Highways: Cube Highways and Infrastructure Pte. Ltd. (Cube Highways) is a Singapore based company investing in road and highway projects, along with select other infrastructure sectors in India. Cube Highways is an independent, professionally-managed platform that leverages the extensive transportation experience of its management advisory and execution teams. The company owns and operates nearly 1,300 lane-kilometers of toll roads. Cube Highways was formed by two leading global financial institutions, I Squared Capital and the International Finance Corporation (IFC).

About I Squared Capital: I Squared Capital is an independent global infrastructure investment manager focusing on energy, utilities, telecommunications and transport in the America, Europe, and select high growth economies. The Firm has offices in New York, Houston, London, New Delhi, Hong Kong and Singapore.

Contacts
I Squared Capital
Andreas Moon, +1-212-339-5339
Managing Director and Head of Investor Relations
andreas.moon@isquaredcapital.com
 

Source: I Squared Capital

SABINA GOLD & SILVER ANNOUNCES 9.9% STRATEGIC INVESTMENT BY ZHAOJIN INTERNATIONAL MINING CO., LTD.

VANCOUVER, British Columbia, Dec 20 (Bernama-GLOBE NEWSWIRE) -- Sabina Gold & Silver Corp (TSX:SBB.T), (“Sabina” or the “Company”) is pleased to announce that Zhaojin International Mining Co., Ltd. (“Zhaojin International”) has agreed to purchase 24,930,000 common shares of the Company at a price of $2.65 per share for a total investment of approximately $66,100,000 in a private placement (the “Financing”).  Upon completion of the Financing, Zhaojin International will own approximately 9.9% of the Company’s issued and outstanding common shares on a non-diluted basis. Zhaojin International is a subsidiary of Zhaojin Mining Industry Co. Ltd. (“Zhaojin”), which is a leading Chinese gold producer and one of China’s largest gold smelting companies.

http://mrem.bernama.com/viewsm.php?idm=30830

KLM ADDS AUTOMATED MESSAGES TO CUSTOMER CONVERSATIONS

Next step in social media service with artificial intelligence from DigitalGenius

AMSTELVEEN, The Netherlands and SAN FRANCISCO, Dec 20 (Bernama-GLOBE NEWSWIRE) -- KLM Royal Dutch Airlines is taking the next step in using artificial intelligence (AI) within its social media service. KLM worked with AI frontrunner, DigitalGenius, to add automated answers to general repetitive questions from customers without the intervention of a human service agent. This gives KLM agents more time to focus on questions in conversations with customers that require a human approach. KLM is the first airline to offer a combination of human agents and artificial intelligence in a single conversation on Twitter, Messenger and WhatsApp.

KLM receives over 130,000 mentions via social media per week. This number has grown since the introduction of WhatsApp as a service channel. A dedicated team of 250 social media service agents personally engages in 30,000 conversations each week. On average, conversations consist of five or six questions and answers between KLM and its customers. Questions that can be answered automatically with the use of artificial intelligence usually come at the beginning of the conversation.

http://mrem.bernama.com/viewsm.php?idm=30826

Wednesday, December 20, 2017

EASTSPRING INVESTMENTS BERHAD DECLARES UNIT SPLIT FOR EASTSPRING INVESTMENTS DINASTI EQUITY FUND

KUALA LUMPUR, Dec 20 (Bernama) -- Eastspring Investments Berhad today announced a 2:1 unit split for existing unit holders of the Eastspring Investments Dinasti Equity Fund (“Fund”). Unit holders who have maintained their holdings up to 19 December 2017 will be entitled for this unit split. This will be the first unit split exercise for the Fund since its inception.

The Fund has demonstrated considerable strength in its performance and a sustainable appreciation in value since its inception in 2009 (please see table below).  As at 30 November 2017, the Fund’s Net Asset Value (NAV) per unit stood at RM1.8985.
 
Period1 Year3 Years5 YearsSince Inception
23 November 2009
Volatility Factor (VF)

 
Volatility Class (VC)
Fund (%)29.0572.70104.37105.74    12.3Very high
Benchmark* (%)25.6862.54119.07113.65  

* Dow Jones Islamic Market (DJIM) Greater China Index
Fund performance is sourced from Lipper for Investment Management and the benchmark is from www.djindexes.com, 30 November 2017. Performance is calculated on a Net Asset Value (“NAV”) to NAV to NAV basis with gross income or dividend re-invested. Past performance is not necessarily indicative of future performance.

This 2:1 unit split would lower the price of the Fund’s NAV per unit, making it more affordable for investors. With this unit split, investors will receive 2 units for every 1 unit held, while maintaining the value of their holdings. Where a unit split is declared, the Fund’s NAV per unit will be reduced from pre-unit split NAV to post-unit split NAV following the issue of additional units. The value of the investment in Malaysian Ringgit will remain unchanged after the unit split. 

The Eastspring Investments Dinasti Equity Fund is a Shariah equity/growth fund that seeks to provide investors with long term capital appreciation from Shariah-compliant investments which have the exposure to the Greater China region. 

ABOUT EASTSPRING INVESTMENTS BERHAD
Established in 2000 and based in Kuala Lumpur, Eastspring Investments Berhad is part of Prudential Corporation Asia, the Asia business of Prudential plc of the United Kingdom. The Prudential Group has been investing in Asia since 1863.  Eastspring Investments Berhad is one of the leading asset management companies in Malaysia in both institutional and retail, with about RM170 billion in assets under management in the country as at 30 June 2017.  It manages unit trust funds, wholesale funds as well as private mandates for institutions.

Source : EASTSPRING INVESTMENTS BERHAD

FOR MORE INFORMATION, PLEASE CONTACT:
Name : Judy Yap
Director, Brand and Communications
Tel :  03 - 2170 0290
Fax : 03 - 2170 0399
Email : judy.yap@eastspring.com

--BERNAMA

Tuesday, December 19, 2017

FORTUM DEPLOYS DIGITALROUTE TECHNOLOGY TO ENABLE DATA DRIVEN SERVICES SUPPORTING ENERGY SECTOR TRANSFORMATION

European utility Fortum is driving digital transformation within the energy sector, together with DigitalRoute. Starting with a digital solution for energy trading, by deploying machine learning algorithms based on DigitalRoute’s Data Optimization Platform, the companies are now taking the next steps in building data driven services within the energy sector.

STOCKHOLM, Sweden, Dec 19 (Bernama-GLOBE NEWSWIRE) -- DigitalRoute, the leading Data Integration and Data Management company, and key European energy provider, Fortum, have jointly announced the completion of a successful Proof of Concept project. Fortum is a leading clean-energy company offering electricity, heating and cooling solutions as well as driving the change for a cleaner world.

Fortum has been looking for an IoT enabling platform to develop data-driven solutions and has now chosen to partner with DigitalRoute. DigitalRoute’s platform allows for real-time communication between assets, plants, data sources and business systems, resulting in optimal quality data, which can be utilized to simplify the deployment of new solutions and optimize key processes.

http://mrem.bernama.com/viewsm.php?idm=30818

MILREM ROBOTICS BRINGS AUTONOMOUS WARFARE CAPABILITIES TO THE BATTLEFIELD

TALLINN, Estonia, Dec 19 (Bernama-BUSINESS WIRE) -- Milrem Robotics took the first step towards providing combat units with autonomous warfare systems last week when it successfully reached and demonstrated a significant milestone in its autonomy program – waypoint navigation.

The autonomous solution was tested on the THeMIS unmanned ground vehicle (UGV), also a product of Milrem Robotics.

This solution allows the UGV to drive along a predetermined route without the need for the operator to remotely control it. A practical usage of such a system would be for example providing perimeter security – a UGV with different sensors patrols a campsite autonomously and detects vehicles or persons advancing on friendly positions.

Such UGVs can also be equipped with different weapon systems to take action against enemy forces. The trigger would however be strictly in the hands of a human operator whom the unmanned system would send an alert based on collected information.

“Autonomous systems are a game changer on the battlefield, that will significantly enhance the capabilities of military units,” said Kuldar Väärsi, CEO of Milrem Robotics. “This demonstration was only the first example of the autonomous capabilities we are developing. Adding autonomous functions will make our warfare systems more efficient and easily adaptable into armed forces.”

"Developing autonomous systems for off-road military and industrial environments is a challenging assignment. While self-driving cars and delivery robots rely on a highly structured environment, such as roads and road markers, the UGV has to make its own road over and through rough terrain,” said Henri Kuuste, System Architect at Milrem Robotics. “Many military scenarios rule out the use of clearly visible active sensors and GNSS location data. Signal jamming, damage and dirt are a constant factor when developing for these kinds of applications,” he added.

The waypoint navigation solution was demonstrated as part of a wider performance last week at the Estonian Defence Forces firing range near Tapa. Together with one of the leading firearms and weapon systems manufacturers FN Herstal live firing tests of the joint product THeMIS with deFNder® Medium remote weapon station were also conducted. This product was unveiled at this year’s DSEI.

Please find the video of waypoint navigation here – https://youtu.be/Sp-baaRC0fI

And pictures of the demonstration here – https://www.dropbox.com/sh/daofhrh4zhlwvq3/AAC_fBeCN9-CI-x22gaJg0XKa?dl=0

Contacts
Milrem Robotics
Gert D. Hankewitz
Export Director
+37256644416
gert.hankewitz@milrem.com
 

Source: Milrem Robotics

ANGLO AMERICAN TO ENHANCE THEIR TRADE DIGITIZATION AND RISK MANAGEMENT ACTIVITIES FOR THEIR GLOBAL FREIGHT OPERATIONS BY APPOINTING CHINSAY FOR COLLABORATIVE CONTRACT MANAGEMENT SERVICES


Agreement between Anglo American and Chinsay aims to improve Anglo American’s work flow, collaboration and productivity around Charter Party Agreements

 
SINGAPORE & STOCKHOLM & LONDON, Dec 19 (Bernama-BUSINESS WIRE) -- Anglo American plc “Anglo American, a globally diversified mining business has signed a deal with Chinsay to implement Chinsay’s Recap Manager (RM) a single cloud-based SaaS system for end-to-end contract management for Ocean Freight operations.”

Anglo American will utilise Chinsay’s Recap Manager system for creating, reviewing and managing digital freight contracts. Anglo American’s contract data will be hosted and protected by Chinsay, applying the highest standards for security and integrity.

“Digitalizing our freight workflow is a strategic focus for Anglo American. Chinsay’s independent platform will allow us to make faster decisions with better information and manage risk more effectively around Charter Parties,” said Peter Lye, Global Head of Shipping at Anglo American. Peter continued, “Technology is a core focus for Anglo American and we chose to partner with Chinsay based on their leading technology and long track record in secure digital contract management for the maritime freight industry.”

“We are honored to partner with Anglo American and look forward to supporting their technology and innovation efforts,” said Dag Sunden-Cullberg, Founder and Chief Executive Officer of Chinsay. He continued, “Mining and commodity companies, like Anglo American, that take advantage of secured cloud, mobile, collaborative and risk and analytics technologies, such as those offered by Chinsay, will drive seamless work flow and improved productivity internally and with external counter-parties.”

“Due to continued market penetration for Chinsay and a generally improved freight market, we expect to see a higher volume of digital contracts through our platform compared to 2016 and are committed to helping Anglo American and the mining industry stay ahead of the acceleration of trade digitization” stated Colin Hayward, Managing Director of Chinsay’s Singapore office. He continued, “An increasing number of our clients expect their counterparties to be “digital first” when it comes to charter parties, contracts and operational matters related to their business and we expect this trend to continue.

Chinsay’s platforms for freight and commodities enable global businesses to collaboratively create, review and manage their trade contracts. Chinsay’s digital workflow unlocks efficiencies, mitigates the risk of contractual errors while ensuring that internal and external compliance is automatically enforced. By using digital contracts on Chinsay, contractual data is easily visualised and analysed which enables faster and better decision making.

About Chinsay

Chinsay is the leading cloud platform for the end-to-end administration of contracts in the multi-trillion dollar global commodities and freight markets. With offices in Sweden and Singapore, Chinsay provides Software-as-a-Service contract and risk management solutions that enable its customers to enforce compliance, save time and provide insight to their trading process. Chinsay is fully independent and has a +10-year track record of supporting multinational corporations, brokers, and commodity traders in over 40 countries.

For more information, visit https://www.chinsay.com

Contacts
Chinsay
Singapore Office
Margaret Cheng, +65 3158 2168
Marketing Manager
Mobile : +65 9274 9515
margaret@chinsay.com
or
Stockholm Office
Carsten Leth, +46 8 1213 2619
Chief Operating Officer
Mobile : +46 72 719 6659
carsten@chinsay.com
 

Source: Chinsay

QFPAY AND UNITED BRANDS (UBPAY) FORM JOINT VENTURE TO REDEFINE THE MOBILE PAYMENT LANDSCAPE ACROSS THE UAE

BEIJING & DUBAI, United Arab Emirates, Dec 19 (Bernama-BUSINESS WIRE) -- QFPay, the leading global mobile payment technology and big data solution company from China, today announced a joint venture with United Brands (UBPAY), a Dubai-based Payment Service Provider (PSP), to redefine the mobile payment landscape across the United Arab Emirates by offering secure mobile payment services and solutions to local merchants which target the growing number of Chinese and Asian tourists in the region.

UB QF PAY is the first joint venture of its kind in the UAE and will be offering mobile payment services to a number of retailers in Dubai in December 2017.

According to Dubai Department of Tourism and Commerce Marketing, China is one of Top 5 source markets for visitors to Dubai in 2017. In 2017, the city expected to attract over 740,000 guests from China, a 49% increase over the previous year.

“With a rising number of Chinese and Asian tourists visiting the city, Dubai is an important and strategic market for QFPay,” said Patrick Ngan, Co-Founder and President of QFPay. “We are pleased to establish this joint venture with UBPAY which has an extensive partner and merchant network in the UAE and across Middle East. We look forward to providing merchants in the region with secure and reliable mobile payment solutions.”

Ahmed Alrafi, Managing Director of UBPAY, said, “Forming this joint venture with QFPay is a key milestone for us to capitalize on the mobile payment opportunities in the region. We are confident that this partnership will benefit retailers and service providers by allowing them acceptance of multiple wallets from various markets in a single solution.”

About QFPay

Headquartered in Beijing, QFPay was established in 2011 and has been a PCI-DSS Level 1 payment service provider for five consecutive years. QFPay has business presence across Asia with regional offices in Bangkok, Dubai, Hong Kong, Kuala Lumpur and Tokyo.

About UBPAY

Headquartered in Dubai, UBPAY (United Brands) is a Payment Service Provider (PSP) and a leading provider of payment technology to a large number of clients in the UAE and the wider region.

Contacts
QFPay
Erica Lam
erica@qfpay.com
or
UBPAY
Kazim Kirmani
kazim@ubmea.com
 

Source: QFPay

TOSHIBA ELECTRONIC DEVICES & STORAGE CORPORATION LAUNCHES NEW SERIES OF NEXT GENERATION 10,500 RPM ENTERPRISE PERFORMANCE 2.5-INCH HDD

Offers maximum capacity of 2.4-terabyte


TOKYO, Dec 19 (Bernama-BUSINESS WIRE) -- Toshiba Electronic Devices & Storage Corporation today announced the launch of AL15SE Series, the latest additions to its line-up of enterprise performance hard disk drives (HDD) for mission critical servers and storage systems. Sample shipments start today.

The AL15SE Series of 10,500RPM 2.5-inch[1] drives features a 12Gbits/s[2] SAS interface. A 4K native (4Kn) model and 512 emulation (512e) model, both featuring Advanced Format Sector Technologies, are available in 600-gigabytes (GB[3]), 900GB, 1.2-terabytes (TB), 1.8TB and 2.4TB capacities. A 2.4TB model offers approximately a 33% increase in maximum capacity from the 1.8TB of its predecessor in the AL14SE Series. The drives also deliver an approximately 15%[4] increase in the sustained data rate, pushing it to 260MiB/s[5]. These improvements in capacity and speed contribute to higher capacities and performance improvements in servers and storage systems.

The 512 native (512n) model optimized for legacy applications and hypervisor environment is available in 300GB, 600GB, 900GB and 1.2TB capacities.

Customers also can select models supporting Sanitize Instant Erase (SIE), which realizes fast invalidation of data recorded on the disks, allowing for efficient disposal and reuse.

Follow the link below for more on the new products and other enterprise HDDs.
https://toshiba.semicon-storage.com/ap-en/product/storage-products/enterprise-hdd.html

[1] "2.5-inch" describes the form factor of HDDs. They do not indicate drive's physical size.
[2] Read and write speed may vary depending on the host device, read and write conditions, and file size.
[3] Definition of capacity: We define a megabyte (MB) as 1,000,000 bytes, a gigabyte (GB) as 1,000,000,000 bytes and a terabyte (TB) as 1,000,000,000,000 bytes. A computer operating system, however, reports storage capacity using powers of 2 for the definition of 1GB = 230 = 1,073,741,824 bytes and therefore shows less storage capacity. Available storage capacity (including examples of various media files) will vary based on file size, formatting, settings, software and operating system, such as Microsoft Operating System and/or pre-installed software applications, or media content. Actual formatted capacity may vary.
[4] Comparison with AL14SE (4Kn and 512e) transfer rate: 226 MiB/s
[5] A mebibyte (MiB) means 220, or 1,048,576 bytes, and a gibibyte (GiB) means 230, or 1,073,741,824 bytes.

* Information in this document, including product prices and specifications, content of services and contact information, is correct on the date of the announcement but is subject to change without prior notice.

* Company names, product names, and service names mentioned herein may be trademarks of their respective companies.

Product Inquiries:
Toshiba Electronic Devices & Storage Corporation
Storage Products Division
https://toshiba.semicon-storage.com/ap-en/contact.html


About Toshiba Electronic Devices & Storage Corporation

Toshiba Electronic Devices & Storage Corporation (TDSC) combines the vigor of a new company with the wisdom of experience. Since being spun off from Toshiba Corporation in July 2017, we have taken our place among the leading general devices companies, and offer our customers and business partners outstanding solutions in discrete semiconductors, system LSIs and HDD.

Our 19,000 employees around the world share a determination to maximize the value of our products, and emphasize close collaboration with customers to promote co-creation of value and new markets. We look forward to building on annual sales now surpassing 700-billion yen (US$6 billion) and to contributing to a better future for people everywhere.
Find out more about us at https://toshiba.semicon-storage.com/ap-en/company.html

Photos/Multimedia Gallery Available: http://www.businesswire.com/cgi-bin/mmg.cgi?eid=51731838&lang=en

Contacts
Media Inquiries:
Toshiba Electronic Devices & Storage Corporation
Chiaki Nagasawa, +81-3-3457-4963
Digital Marketing Department
semicon-NR-mailbox@ml.toshiba.co.jp
 

Source: Toshiba Electronic Devices & Storage Corporation

SABIO APPOINTS HAROLD THNG AS MANAGING DIRECTOR OF ASIA PACIFIC OPERATION

  • Appoints Director of Dimension Data’s Customer Experience Business unit to lead next major growth phase
     
SINGAPORE & LONDON, Dec 19 (Bernama-BUSINESS WIRE) -- Digital customer engagement technology specialist Sabio has appointed Harold Thng - previously Director of Dimension Data’s APAC Customer Experience Business Unit – as Managing Director of the company’s Asia Pacific operation, charged with driving Sabio’s next major phase of growth across the region.

Harold brings proven APAC communications sales success to Sabio, having developed Jebsen & Jessen Communications – one of the South East Asia’s leading Avaya and Nice Systems partners – from a modest S$3 million turnover operation in 1988 to a S$70 million valuation in 2016. Under his leadership, the company expanded its operations across Singapore, Malaysia, Thailand, Indonesia, Philippines and Vietnam, establishing itself as one of the region’s strongest Avaya Platinum partners.

“Geographical expansion is an important element in Sabio’s growth strategy, and we’re now looking to build on the strong progress Sabio has made in delivering transformational customer experience technology and managed service solutions to organisations across the APAC region,” commented Sabio’s Group CEO, Andy Roberts. “With a track record of success in building contact centre solutions market leadership businesses in both Singapore and Malaysia, Harold Thng clearly has an in-depth understanding of our target markets, and we look forward to building out our regional business.”

“Having developed what was widely recognised to be South East Asia’s leading contact centre systems integrator, I’m now delighted to be joining Sabio and tasked with replicating this success in the critical digital customer engagement space,” added Harold Thng. “Sabio has a particularly strong offering that combines distinctive digital transformation propositions with a proven global managed services capability, and I’m looking forward to working as part of the Sabio team.”

“Sabio has a remarkable growth story and Avaya takes pride in being part of it, both today and in the future,” said Nidal Abou-Ltaif, President for Avaya International. “Our customers in the Asia Pacific region are investing in creating new and more relevant customer experiences, so it’s essential that forward-thinking Avaya partners such as Sabio continue to invest in the right team to deliver on the innovations that our customers are seeking.”

Before joining Jebsen & Jessen Communications, Harold Thng worked in a range of positions for Singapore Telecom where he played a lead role in the planning, evolution and growth of the country’s digital network. Harold has also served as chairperson of Avaya’s APAC Partner Advisory Council since 2012.

About Sabio:

Sabio is a leading customer experience managed service technology provider, with the proven international reach and ability to deliver transformational digital customer experience technology and managed service solutions to organisations worldwide.

Partnering with world-class technology leaders, Sabio helps organisations to create seamless customer journeys, and works with over 250 enterprise customers worldwide.

www.sabio-apac.com

Contacts
Sabio PR
Cheryl Billson, +44 (0)7791 720460
cheryl.billson@commacomms.com
 

Source: Sabio

Monday, December 18, 2017

ALGECO SCOTSMAN ANNOUNCES ACQUISITION OF IRON HORSE RANCH

BALTIMORE, Dec 18 (Bernama-GLOBE NEWSWIRE) -- Algeco/Scotsman Holding S.à r.l. (together with its subsidiaries, the “Algeco Group”) today announced the successful closing of the acquisition by the Algeco Group’s subsidiary, Target Logistics Management, LLC (“Target Logistics”), of Iron Horse Ranch from funds managed by TDR Capital LLP (“TDR”).

The acquisition solidifies Target Logistics’ position as the single largest provider of turnkey workforce housing in the U.S., including a network of eight lodges and 2,119 beds in the Permian Basin. With the acquisition, Target Logistics’ Permian Basin lodge network now includes Texas lodges in Pecos, Mentone, San Angelo and two in Odessa, along with two lodges in Carlsbad and Lovington, New Mexico. Additionally, Target Logistics adds Eagle Ford lodges in Cameron and Yorktown, Texas.

Diarmuid Cummins, CEO Algeco Scotsman: “Today we announce the completion of the second of two strategic acquisitions which we flagged earlier in the year as important steps forward for the Algeco Group. This transaction materially enhances our leading position in the Permian Basin and expands our presence in the Eagle Ford Basin.”

Brad Archer, CEO Target Logistics: “We are proud to officially welcome Iron Horse Ranch to our team as part of our continued effort to build on our extensive network of turnkey workforce lodges in the United States. Iron Horse Ranch not only complements our existing footprint in the Permian Basin, but also shares our commitment to helping customers realize their full potential by providing a safe and comfortable environment away from the job site.”

Cautionary Notice Regarding Forward Looking Statements

This press release includes forward-looking statements within the meaning of the securities laws of certain applicable jurisdictions, which reflect the Algeco Group’s expectations regarding its future operational and financial performance. By their nature, the forward-looking events described in this press release may not be accurate or occur at all. In particular, we may not be able to realize the anticipated benefits of the acquisition of Iron Horse.  Accordingly, you should not place undue reliance on these forward-looking statements, which speak only as of the date on which the statements were made. Although any forward-looking statements contained in this press release reflect management’s current beliefs based upon information currently available to management and upon assumptions which management believes to be reasonable, actual results may differ materially from those stated in or implied by these forward-looking statements. A number of factors could cause actual results, performance or achievements to differ materially from the results expressed or implied in any forward-looking statements. These factors should be considered carefully and readers should not place undue reliance on any forward-looking statements. Except as required by law, we undertake no obligation, and specifically decline any obligation, to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

About Algeco Scotsman

Algeco Scotsman is the leading global business services provider focused on modular space, secure portable storage solutions, and remote workforce accommodation management. Headquartered in Baltimore, Algeco Scotsman has operations in 24 countries with a modular fleet of approximately 245,000 units and 11,400 remote accommodations rooms. The company operates as Target Logistics in North America, Algeco in Europe, Elliott in the United Kingdom, Ausco in Australia, Portacom in New Zealand, and Algeco Chengdong in China.

About Target Logistics

Target Logistics, an Algeco Scotsman company, is one of the largest providers of turnkey housing solutions in North America. It operates globally in some of the most remote environments, supporting oil, gas and mining with workforce housing, mobile crew camps and extended-stay hotels; government departments and organizations with temporary lodging and refugee integration; and capital projects. Target Logistics was named by Inc. magazine in 2012 and 2013 as one of “America’s Fastest Growing Private Companies.” Visit www.TargetLogistics.net or call (800) 832-4242.

About Iron Horse Ranch

Iron Horse Ranch is an industry leader in workforce housing for the Oil, Gas and Construction industries.  Iron Horse Ranch specializes in turn-key remote camp installation, operation, project management and land acquisition.  Iron Horse Ranch has one of the highest standards in workforce and temporary housing, winning awards for Service, Quality and Operational Excellence. Iron Horse Ranch operates 6 workforce lodging facilities in North America with over 1000 beds.  For more information on Iron Horse Ranch, please visit http://www.ironhorseranch.com.

Investor Relations Contact:
Scott Shaughnessy
Vice President, Finance
Algeco Scotsman
410-933-5921
Scott.Shaughnessy@as.willscot.com


SOURCE : Algeco Scotsman

Saturday, December 16, 2017

MAYO CLINIC TO BEGIN PROSPECTIVE CLINICAL STUDY WITH MEDIBIO TECHNOLOGY FOR EXPANDED MARKET OPPORTUNITIES

- Study designed to determine differential diagnosis in depression patients
- Study designed to monitor patient data following pharmacological treatment

SYDNEY, Australia and MINNEAPOLIS, Dec 15 (Bernama-GLOBE NEWSWIRE) -- Medibio Limited (MEB or the Company) (ASX:MEB) (OTCQB:MDBIF), a mental health technology company that has pioneered the use of objective biometrics to assist in the screening, diagnosing, monitoring and management of depression and other mental health conditions,  is pleased to announce the first prospective clinical trial with Mayo Clinic under a 5-year Master Clinical Trial Agreement that was signed in October of this year.  This initial study, undertakes the prospective diagnosis and longitudinal monitoring of both unipolar and bipolar depression, along with the depressive subtypes (melancholic and atypical).

http://mrem.bernama.com/viewsm.php?idm=30794

Friday, December 15, 2017

THE 1ST FREE CROSS-BORDER ECOMMERCE LIBRARY AVAILABLE TO ONLINE MERCHANTS

A competitive edge instrumental in succeeding in today’s dynamic retail world

AMSTERDAM, The Netherlands, Dec 15 (Bernama-GLOBE NEWSWIRE) -- Acapture, a global, data-driven omnichannel PSP, has released a complete library of free infographics for merchants, outlining the latest exclusive data for 31 of the world’s most exciting ecommerce markets. Online retailers, marketplaces, and other ecommerce merchants are given a competitive edge, instrumental in succeeding in today’s dynamic retail world.

With each infographic providing actionable stats, facts and figures from a major ecommerce region, illustrated with clear, reader-friendly graphics, the collection is essential reading for all merchants looking to seize current cross-border opportunities. By understanding the preferred local payment methods, the most popular B2B and B2C product categories, top import and export regions, most popular ecommerce sites and much more, merchants can make informed strategic decisions based on the most up-to-date trends and consumer behavior.

As well as key cross-border data from markets such as Australia, Brazil, Belgium, China, Canada, France, Norway, Germany, India, New Zealand, the UK, the USA, Poland and so on, the infographics give clear insight to omnichannel merchants, by presenting the internet, mobile and smartphone penetration, number of online shoppers, mobile payments and preferred mobile OS in each country. This allows merchants to give the appropriate focus on different channels from one cross-border market to the next.

“Merchants are becoming more and more international, and exploring more payments opportunities in today’s evolving ecommerce landscape,” explains Gijs op de Weegh, Chief Operating Officer at Acapture. “As a data-driven omnichannel payment service provider, we want to support merchants with all the stats and facts to make the most informed business decisions, domestically and overseas. Consumers are expecting more from their shopping experiences, all across the globe, and our infographics give retailers a competitive edge.”

The complete collection of Acapture’s cross-border ecommerce infographics can be downloaded here for free.

http://mrem.bernama.com/viewsm.php?idm=30795

​SEABORN NETWORKS' CEO LARRY SCHWARTZ IS NAMED IN LIST OF 100 MOST POWERFUL PEOPLE IN TELECOMS WORLDWIDE

​SEABORN NETWORKS' CEO LARRY SCHWARTZ IS NAMED IN LIST OF 100 MOST POWERFUL PEOPLE IN TELECOMS WORLDWIDE

DTLR SELECTS SHOPPERTRAK TRAFFIC INSIGHTS TO OPTIMIZE STORE PERFORMANCE

Lifestyle retailer uses ShopperTrak to better understand key metrics and customer insights

CHICAGO, Dec 14 (Bernama-GLOBE NEWSWIRE) -- Tyco Retail Solutions today announced that DTLR Inc., a US lifestyle retailer, has selected its ShopperTrak in-store traffic analytics solution, to provide shopper behavior insights across all 107 stores in 12 states and Washington D.C.

Following a successful pilot, DTLR deployed the ShopperTrak perimeter analytics solution and related advisory services to position the importance of shopper traffic, conversion, and other key metrics across the organization. ShopperTrak advisory services utilized include store segmentation, peer grouping, goal setting and field-level training to help better understand shopper traffic and how to best leverage the new data insights.

“We sought a vendor who could offer perspective on our operational activities and provide tangible ways to optimize in-store performance,” said Frank Long, vice president of store operations at DTLR Inc. “Tyco Retail Solutions’ ShopperTrak solution stood out from others because it not only helps retailers understand traffic, but the group’s advisory services team also works directly with field associates and store leadership to improve their retail operations acumen. This customized approach with DTLR has created organization-wide buy-in for data and has also improved store performance.”

ShopperTrak Traffic Insights’ advisory services team identifies opportunities and makes recommendations on a store-level basis for DTLR, with individualized scorecards and regular one-to-one engagement with district managers. As a result, DTLR store managers are highly informed and empowered to adjust strategies, provide performance-based coaching, and ultimately to improve key metrics.

“DTLR is a fast-growing chain with a solid business model, and the ShopperTrak team is thrilled to help take their operation to the next level,” said Bill McCarthy, general manager of ShopperTrak Americas. “Physical retailers are increasingly leveraging technology to address changing consumer behaviors and evolved preferences. We’re proud to provide forward-thinking brands like DTLR with actionable insights that allow them to not only adapt to the current climate, but grow their bottom line.”

For more information about Tyco Retail Solutions and its ShopperTrak Traffic Insights, please visit: www.shoppertrak.com.

About Johnson Controls
Johnson Controls is a global diversified technology and multi industrial leader serving a wide range of customers in more than 150 countries. Our 120,000 employees create intelligent buildings, efficient energy solutions, integrated infrastructure and next generation transportation systems that work seamlessly together to deliver on the promise of smart cities and communities. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. We are committed to helping our customers win and creating greater value for all of our stakeholders through strategic focus on our buildings and energy growth platforms. For additional information, please visit http://www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.

About Tyco Retail Solutions
Tyco Retail Solutions, part of Johnson Controls, is a leading provider of analytics-based Loss Prevention, Inventory Intelligence and Traffic Insights for the retail industry. Our solutions deliver real-time visibility and predictive analytics to help retailers maximize business outcomes and enhance the customer experience in a digitally-driven shopping world. Our more than 1.5 million data collection devices in the retail marketplace capture 40 billion shopper visits and track and protect billions of items each year. Our retail portfolio features the premier Sensormatic®, ShopperTrak® and TrueVUE™ brands, as well as a full suite of building technology solutions. For more information, please visit TycoRetailSolutions.com, or follow us on LinkedInTwitter, and our YouTube channel.

About DTLR
DTLR Inc. is a fast growing, lifestyle retailer of street-inspired footwear, apparel and accessories. Our stores offer a distinctive, high energy shopping experience and are designed to look and feel like independent, locally-managed specialty stores. We believe we are uniquely positioned due to our constantly evolving merchandise assortment, wide selection of desirable brands, energized sales associates, music-inspired retail atmosphere and strong connections with local communities in which we operate. Our differentiated business model and community-centric culture reinforce our authentic brand image and position us a leading destination retailer of street inspired fashion footwear, apparel and accessories. As a result, we believe the DTLR brand, which is characterized by our trademarked motto “Your Fashion…Your Lifestyle!” is well recognized and generates loyalty and preference among our core consumers. We currently operate 107 stores in 12 states and Washington D.C. We also sell products through our e-commerce website, DTLR.com.

Thursday, December 14, 2017

TYCO RETAIL SOLUTIONS WINS 2017 GREEN SUPPLY CHAIN AWARD FROM SUPPLY & DEMAND CHAIN EXECUTIVE


Tyco’s retail customer Piazza Italia supports sustainability initiatives through innovative hard tag recirculation program

NEUHAUSEN, Switzerland, Dec 13 (Bernama-GLOBE NEWSWIRE) -- Tyco Retail Solutions, part of Johnson Controls, has been recognized for its commitment to promoting and supporting retailers’ sustainability initiatives for the second straight year. The company is the recipient of the 2017 Supply & Demand Chain Executive Green Supply Chain Award, an annual distinction that distinguishes providers of supply chain solutions and services who assist their customers in achieving measurable sustainability goals. Tyco’s 2017 award is in recognition of industry leading green initiatives with its retail customers, including Piazza Italia.

As a recognized leader in fashion, Piazza Italia is committed to delivering the most current styles to its shoppers while maintaining its commitment to sustainability. In 2013, the retailer launched a source tagging program with Sensormatic Acousto-Magnetic (AM) Electronic Article Surveillance (EAS) hard tags offering tangible benefits by combining a strong visual theft deterrent with point-of-manufacture source tagging. The retailer has since changed from single use tags to recirculated hard tags, providing an eco-friendly alternative to disposable tags from both an environmental and a business operations standpoint.

Tyco’s global recirculation and source-tagging initiatives provide the green savings and business benefits of recycling and receiving “retail ready” merchandise. Tags are recirculated, recertified and reused through Tyco’s efficient supply chain process which cost effectively moves tags around the globe via strategically located, highly efficient recirculation centers, and offering retailers such as Piazza Italia a buy-back incentive to reduce cost of ownership and deliver impactful savings. Hard tag recirculation provides Piazza Italia with savings by eliminating the manual process of applying tags at the store, improving tagging compliance, reducing shrink and reducing time to the sales floor.

“We believe that environmental responsibility is not only good business but also a social obligation. Today, sustainability is a major focus for our retail customers like Piazza Italia as stores look to provide not only high quality service and security, but also to implement sound green-friendly practices,” said Tony D’Onofrio, chief customer officer, Tyco Retail Solutions.

The Sensormatic apparel tagging recirculation program, the first of its kind, recycled more than a billion tags in 2015 and has recycled nearly seven billion since the program began in 2010, saving a total of 35 million pounds of plastic while reducing waste and costs for customers.  Today, more than half of Sensormatic brand labels are applied by product manufacturers or packaging companies, instead of in store. The program encompasses source application of EAS disposable labels, as well as recirculated AM EAS and RFID hard tags. With over five billion apparel items tagged to date, source tagging is a trusted program for retailers worldwide as the work to remain competitive and green in today’s retail environment.

Last year, the company’s manufacturing facility in Mexico earned recognition as a 2016 S&DCE Green Award winner for its effort to conserve resources through the development of an energy management system, and also nationally with a 2015 Environmental Award from the National Council of the Maquiladora and Export Manufacturing Industry of Mexico. The same facility achieved ISO 50001:2011 certification last year.

About Johnson Controls
Johnson Controls is a global diversified technology and multi industrial leader serving a wide range of customers in more than 150 countries. Our 120,000 employees create intelligent buildings, efficient energy solutions, integrated infrastructure and next generation transportation systems that work seamlessly together to deliver on the promise of smart cities and communities. Our commitment to sustainability dates back to our roots in 1885, with the invention of the first electric room thermostat. We are committed to helping our customers win and creating greater value for all of our stakeholders through strategic focus on our buildings and energy growth platforms. For additional information, please visit http://www.johnsoncontrols.com or follow us @johnsoncontrols on Twitter.

About Tyco Retail Solutions
Tyco Retail Solutions, part of Johnson Controls, is a leading provider of analytics-based Loss Prevention, Inventory Intelligence and Traffic Insights for the retail industry. Our solutions deliver real-time visibility and predictive analytics to help retailers maximize business outcomes and enhance the customer experience in a digitally-driven shopping world. Our more than 1.5 million data collection devices in the retail marketplace capture 40 billion shopper visits and track and protect billions of items each year. Our retail portfolio features the premier Sensormatic®, ShopperTrak® and TrueVUE brands, as well as a full suite of building technology solutions. For more information, please visit TycoRetailSolutions.com, or follow us on LinkedInTwitter, and our YouTube channel.