Thursday, January 17, 2019
PSAV to acquire Encore Event Technologies
KUALA LUMPUR, Jan 15 (Bernama) -- PSAV and The Freeman Company have entered into a purchase agreement for PSAV to acquire Encore Event Technologies, with the deal expected to be finalised later this year.
Encore, an audio-visual and production company, has a long and distinguished history dedicated to organising high-impact meetings and live events for the hospitality industry.
PSAV, too, is a global leader in event experiences, providing creative, production, advanced technology and staging services to help professionals deliver more dynamic and impactful experiences at their events.
“Encore is an ideal partner for the PSAV family of companies given its shared commitment to meeting and event planners, and strong alignment with our purpose and mission,” said PSAV chief executive officer (CEO), Mike McIlwain, in a statement today.
“We’re extremely proud of the success everyone at Encore – including our FAV Canada operations – has created in building one of the world’s leading in-house hospitality, event technology and production service businesses,” said The Freeman Company CEO, Joe Popolo.
Family-owned firm, The Freeman Company, is comprised of leading brand experience company, Freeman, Encore and premier event technology specialist, Alford Media.
This transaction reinforces PSAV’s mission of connecting and inspiring people by expanding the breadth of its capabilities throughout North America and the Asia-Pacific.
For details, visit www.psav.com and http://www.freeman.com.
-- BERNAMA
Encore, an audio-visual and production company, has a long and distinguished history dedicated to organising high-impact meetings and live events for the hospitality industry.
PSAV, too, is a global leader in event experiences, providing creative, production, advanced technology and staging services to help professionals deliver more dynamic and impactful experiences at their events.
“Encore is an ideal partner for the PSAV family of companies given its shared commitment to meeting and event planners, and strong alignment with our purpose and mission,” said PSAV chief executive officer (CEO), Mike McIlwain, in a statement today.
“We’re extremely proud of the success everyone at Encore – including our FAV Canada operations – has created in building one of the world’s leading in-house hospitality, event technology and production service businesses,” said The Freeman Company CEO, Joe Popolo.
Family-owned firm, The Freeman Company, is comprised of leading brand experience company, Freeman, Encore and premier event technology specialist, Alford Media.
This transaction reinforces PSAV’s mission of connecting and inspiring people by expanding the breadth of its capabilities throughout North America and the Asia-Pacific.
For details, visit www.psav.com and http://www.freeman.com.
-- BERNAMA
Wednesday, January 16, 2019
SATURNA SDN BHD WINS BEST ESG INVESTMENT INITIATIVE AT ISLAMIC BUSINESS & FINANCE SOUTHEAST ASIA AWARDS
KUALA LUMPUR, Malaysia, Jan 16 (Bernama-BUSINESS WIRE) -- Saturna Sdn Bhd, a wholly-owned subsidiary of US-based Saturna Capital Corporation, received the Best ESG Investment Initiative Award during the Islamic Business & Finance Southeast Asia Awards held on December 4, 2018. The awards, which recognize exceptional performance and positive contributions to the global Islamic business and finance community, reflect peer-based evaluations resulting from an online poll held on www.cpifinancial.net. Nearly 5,000 online votes were cast across 28 categories by bankers and financiers active in Southeast Asia’s Islamic financial community.
“We are honored to have been awarded Best ESG Investment Initiative at the second annual Southeast Asia Awards,” said Shahariah Shaharudin, acting President of Saturna Sdn Bhd. “At Saturna, we follow a sustainable Islamic investment process. Moving forward, we will continue to focus on serving our clients and community well by putting our investors’ interests first, and by offering innovative, sustainable investment products. We are proud to have earned accolades from the international Islamic finance community.”
In June 2017, Saturna Sdn Bhd joined the leading edge of asset managers integrating Islamic and sustainable investment strategies with the launch of the ICD Global Sustainable Fund. Partnering with the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank, the Fund invests in equities of global issuers that demonstrate sustainable characteristics while also meeting the Islamic investment guidelines of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). Saturna’s global team of analysts and portfolio managers rate the sustainability of equities, preferring those that are generally larger, more established, consistently profitable, financially strong, and with robust environmental, social, and governance (ESG) policies.
About Saturna Sdn Bhd
“Values-Based Global Asset Managers”
Saturna Sdn Bhd, located in Kuala Lumpur, Malaysia, is a wholly-owned subsidiary of Saturna Capital Corporation that specializes in Islamic-compliant investment advisory services for individuals and institutions. Saturna Sdn Bhd is the fund manager to the ASEAN Equity Fund and the ICD Global Sustainable Fund.
For more information about Saturna Sdn Bhd, visit www.saturna.com.my.
About Saturna Capital Corporation
Saturna Capital Corporation, established in 1989 in Bellingham, Washington, USA, is a private, employee-owned, investment adviser with US$3.7 billion in assets under management, providing investment advisory services to mutual funds, institutions, businesses, individuals, and endowments. Saturna Capital is adviser to the Amana Mutual Funds Trust, the oldest and largest family of funds in the US that follow principles of Islamic finance. Saturna Capital is also adviser to the US-based Sextant Mutual Funds and Saturna Sustainable Funds.
For more information about Saturna Capital, visit www.saturna.com.
About CPI Financial:
CPI Financial, publisher of Islamic Business & Finance, delivers financial news, features, and analysis to bankers and businesses throughout the Middle East and beyond via a variety of online and print platforms, and holds a variety of awards ceremonies and events honoring the Islamic finance community. For more information, visit the CPI Financial website.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190115005942/en/
Contact
Victoria Odinotska
Kanter PR
Tel. + 1 703 534 3735
victoria@kanterpr.com
Monem Salam
Saturna Sdn. Bhd.
Tel. 603 2164 5303
monem@saturna.com
Source : Saturna Sdn Bhd
“We are honored to have been awarded Best ESG Investment Initiative at the second annual Southeast Asia Awards,” said Shahariah Shaharudin, acting President of Saturna Sdn Bhd. “At Saturna, we follow a sustainable Islamic investment process. Moving forward, we will continue to focus on serving our clients and community well by putting our investors’ interests first, and by offering innovative, sustainable investment products. We are proud to have earned accolades from the international Islamic finance community.”
In June 2017, Saturna Sdn Bhd joined the leading edge of asset managers integrating Islamic and sustainable investment strategies with the launch of the ICD Global Sustainable Fund. Partnering with the Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of the Islamic Development Bank, the Fund invests in equities of global issuers that demonstrate sustainable characteristics while also meeting the Islamic investment guidelines of the Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI). Saturna’s global team of analysts and portfolio managers rate the sustainability of equities, preferring those that are generally larger, more established, consistently profitable, financially strong, and with robust environmental, social, and governance (ESG) policies.
About Saturna Sdn Bhd
“Values-Based Global Asset Managers”
Saturna Sdn Bhd, located in Kuala Lumpur, Malaysia, is a wholly-owned subsidiary of Saturna Capital Corporation that specializes in Islamic-compliant investment advisory services for individuals and institutions. Saturna Sdn Bhd is the fund manager to the ASEAN Equity Fund and the ICD Global Sustainable Fund.
For more information about Saturna Sdn Bhd, visit www.saturna.com.my.
About Saturna Capital Corporation
Saturna Capital Corporation, established in 1989 in Bellingham, Washington, USA, is a private, employee-owned, investment adviser with US$3.7 billion in assets under management, providing investment advisory services to mutual funds, institutions, businesses, individuals, and endowments. Saturna Capital is adviser to the Amana Mutual Funds Trust, the oldest and largest family of funds in the US that follow principles of Islamic finance. Saturna Capital is also adviser to the US-based Sextant Mutual Funds and Saturna Sustainable Funds.
For more information about Saturna Capital, visit www.saturna.com.
About CPI Financial:
CPI Financial, publisher of Islamic Business & Finance, delivers financial news, features, and analysis to bankers and businesses throughout the Middle East and beyond via a variety of online and print platforms, and holds a variety of awards ceremonies and events honoring the Islamic finance community. For more information, visit the CPI Financial website.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20190115005942/en/
Contact
Victoria Odinotska
Kanter PR
Tel. + 1 703 534 3735
victoria@kanterpr.com
Monem Salam
Saturna Sdn. Bhd.
Tel. 603 2164 5303
monem@saturna.com
Source : Saturna Sdn Bhd
UMW AIMS TO BE EXCAVATOR MARKET LEADER WITH NEW MODEL LAUNCH
In a statement today, UMW Corporation said the new PC210-10M0 was designed to deliver best-in-class reliability and performance with less fuel consumption, increased productivity and low maintenance cost compared with the previous PC200-8M0 model.
UMW's equipment division president, Megat Shahrul Azmir, said the launch of the new model supported the robust demand for 20-tonne excavators suitable for the construction, infrastructure, plantation, logging and industrial sectors.
"With an extensive network of sales and after-sales across the country, we aim to be the market leader in Malaysia’s 20-tonne excavator segment. The previous Komatsu PC200-8MO class excavators have always led the global market and set high standards," he said.
The company said the new model promises up to a substantial 20 per cent reduction in fuel consumption, with a wider range of bucket selection which would help increase productivity by up to 40 per cent.
UMW Komatsu is also offering an industry-first five-year or 10,000 hours extended powertrain standard warranty and a two-year or 4,000 hours free service package, subject to terms and conditions.
The company also offers rental programmes to customers to support more businesses in the upcoming construction and infrastructure projects.
UMW Komatsu was established late last year to further strengthen and expand market penetration of Komatsu products in Malaysia, Brunei, Singapore, Myanmar and Papua New Guinea.
-- BERNAMA
Tuesday, January 15, 2019
GMAC acquires The MBA Tour
KUALA LUMPUR, Jan 15 (Bernama) -- The Graduate Management Admission Council (GMAC), a global association of leading graduate business schools, acquired The MBA Tour on Jan 10, 2019.
The MBA Tour, which was started in 1993, hosts over 60 business education events each year across six continents and connects candidates with business schools from North America, Europe, Asia, Australia and South America.
GMAC will add value by integrating its market intelligence and digital assets to create a richer event experience and attract prospective students through comprehensive recruiting solutions that align its data, reach and presence along multiple candidate touchpoints.
“The acquisition of The MBA Tour is part of an ongoing effort to develop smarter, more innovative ways to help business schools grow their candidate pipeline while providing programmes with more intuitive, data-driven solutions to meet their recruiting needs.
“Building a robust and diverse pipeline is a critical issue facing business schools around the world, and GMAC recognises the important role it plays in connecting schools and candidates,” said GMAC president and chief executive officer (CEO), Sangeet Chowfla, in a statement today.
The MBA Tour CEO and managing director, Peter von Loesecke, said: “GMAC is well-positioned to make these events more compelling for schools and candidates … (and) for more meaningful discourse.”
More details at www.gmac.com.
-- BERNAMA
The MBA Tour, which was started in 1993, hosts over 60 business education events each year across six continents and connects candidates with business schools from North America, Europe, Asia, Australia and South America.
GMAC will add value by integrating its market intelligence and digital assets to create a richer event experience and attract prospective students through comprehensive recruiting solutions that align its data, reach and presence along multiple candidate touchpoints.
“The acquisition of The MBA Tour is part of an ongoing effort to develop smarter, more innovative ways to help business schools grow their candidate pipeline while providing programmes with more intuitive, data-driven solutions to meet their recruiting needs.
“Building a robust and diverse pipeline is a critical issue facing business schools around the world, and GMAC recognises the important role it plays in connecting schools and candidates,” said GMAC president and chief executive officer (CEO), Sangeet Chowfla, in a statement today.
The MBA Tour CEO and managing director, Peter von Loesecke, said: “GMAC is well-positioned to make these events more compelling for schools and candidates … (and) for more meaningful discourse.”
More details at www.gmac.com.
-- BERNAMA
Jones Day announces partner´s move
KUALA LUMPUR, Jan 15 (Bernama) – Global law firm, Jones Day, announced in a statement today its Global Disputes Practice partner, Simon Bellas, will be moving to the Singapore office.
Bellas will join Singapore-based partners, Matt Skinner and Zachary Sharpe, in expanding the firm's arbitration practice in the country and Hong Kong, while continuing to contribute to the firm's considerable Australian litigation and arbitration practice.
He will advise clients on construction claims and disputes, with a particular focus on large-scale energy and resources projects and related infrastructure matters.
He represents both owners and major contractors across industry sectors, including oil and gas, mining and infrastructure construction.
Admitted to the Supreme Courts of Queensland and Western Australia, as well as High Court of Australia, Bellas has been recognised for his work on behalf of clients by The AFR's Best Lawyers(c) in Australia; The Legal 500, Australia; Chambers Asia Pacific (Construction); and Doyle's Guide.
Jones Day has more than 2,500 lawyers in 43 offices across five continents.
-- BERNAMA
Bellas will join Singapore-based partners, Matt Skinner and Zachary Sharpe, in expanding the firm's arbitration practice in the country and Hong Kong, while continuing to contribute to the firm's considerable Australian litigation and arbitration practice.
He will advise clients on construction claims and disputes, with a particular focus on large-scale energy and resources projects and related infrastructure matters.
He represents both owners and major contractors across industry sectors, including oil and gas, mining and infrastructure construction.
Admitted to the Supreme Courts of Queensland and Western Australia, as well as High Court of Australia, Bellas has been recognised for his work on behalf of clients by The AFR's Best Lawyers(c) in Australia; The Legal 500, Australia; Chambers Asia Pacific (Construction); and Doyle's Guide.
Jones Day has more than 2,500 lawyers in 43 offices across five continents.
-- BERNAMA
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