KUALA LUMPUR, June 29 (Bernama) -- EIG, a leading institutional investor to the global energy and infrastructure sectors, announced that De la Rey Venter has joined the firm as Chief Executive Officer of MidOcean Energy (MidOcean) and as a Managing Director of EIG.
MidOcean is an EIG-controlled LNG company seeking to create a diversified ‘pure play’ integrated LNG portfolio of high-quality operating LNG projects with strong existing cash flow.
Venter is a 25-year industry veteran with global operating, dealmaking and business leadership experience in the mining, upstream and LNG sectors.
Among other roles, he served as Executive Vice President of Integrated Gas Ventures, responsible for the majority of Shell’s LNG and natural gas assets, and previously also as Shell’s Global Head of LNG. He will be based in EIG’s London office.
“EIG has long been a key capital provider to the sector and has already invested in nine LNG projects, globally, involving both liquefaction and regasification. Adding someone of De la Rey’s calibre to lead MidOcean further demonstrates our commitment to LNG and the energy transition,” said R. Blair Thomas, EIG Chairman and CEO in a statement.
Meanwhile, Venter added: “EIG's vision for MidOcean presents a compelling proposition for a world that will need LNG for a long time to come. We share a strong belief in the important role of LNG, as part of a family of low and no carbon gasses, to help the world transition to a Net Zero future.
“I look forward to working with the team to build a business of substance, based on EIG’s extensive track record in global LNG, and for this business to have real impact in this highly relevant sector of the global energy industry.”
Venter holds an MBA with Honours from IMD in Switzerland, a Bachelor of Commerce degree (Cum Laude) from the Northwest University and an Honours Degree in Finance and Investment Management (Cum Laude) from the University of Johannesburg, both in South Africa.
EIG, headquartered in Washington, D.C., specialises in private investments in energy and energy-related infrastructure on a global basis, with offices in Houston, London, Sydney, Rio de Janeiro, Hong Kong and Seoul.
For more information, visit EIG’s website at www.eigpartners.com.
-- BERNAMA
Wednesday 29 June 2022
DE LA REY VENTER JOINS EIG AS MIDOCEAN ENERGY CEO
OurCrowd First Israeli Company to Partner With the Singapore Economic Development Board in the Global Innovation Alliance (GIA) Programme
Collaboration will further strengthen ties between startups and corporates in Israel and Singapore
JERUSALEM & SINGAPORE, June 29 (BUSINESS WIRE) -- OurCrowd, Israel’s most active venture firm, today announced its partnership with the Singapore Economic Development Board (EDB), under its Global Innovation Alliance (GIA) programme. The GIA is a platform that serves to catalyze cross-border collaboration between Singapore and major innovation hubs globally.
Israel joins the ranks of other notable tech hubs in the programme including Silicon Valley, China, and Europe. As the first Israeli company to run the programme, OurCrowd’s collaboration with EDB will provide thousands of Israeli startups the opportunity to work with Singapore-based corporates across the manufacturing and services sectors including healthcare, precision engineering and chemicals.
This collaboration includes a series of in-person meeetings and virtual programmes including curated networking sessions and bespoke demo days. The first such programme involving in-person meetings will be held in Israel this July, where invited Singapore-based corporates will meet with Israeli entrepreneurs to discuss collaboration opportunities in technology and innovation.
Yakir Machluf, OurCrowd’s newly appointed Head of Business Development said, “The partnership with EDB is the direct evolution of OurCrowd’s long standing relationships in Singapore and the entire region. Following the opening of the OurCrowd office in Singapore in 2016, as well as past collaborations with United Overseas Bank (UOB), Changi Airport, and Kepple, we will continue to strengthen the strategic partnerships driving corporate innovation between Singapore, the Israeli ecosystem and beyond.”
Ms Lily Phua, Vice President, Innovation Economy, EDB said, “With the reopening of global travel borders, our companies can now resume travel to meet with international partners to discuss growth opportunities and strengthen innovation collaborations. EDB is pleased to partner with OurCrowd to organise this series of programmes in Israel, which seek to enhance our companies’ capacity to create new products and businesses out of Singapore. Companies will be able to leverage OurCrowd’s extensive networks and deep understanding of technology capabilities in the Israeli startup ecosystem, which will further strengthen innovation ties between the two countries.”
Israeli startups that are interested to attend the GIA Israel programme in July 2022, please email Haley.silverstein@ourcrowd.com.
About OurCrowd:
OurCrowd is the online global venture investing platform that empowers institutions and individual accredited investors to invest and engage in emerging technology companies at an early stage. Acclaimed by PitchBook as the most active venture investor in Israel, OurCrowd vets and selects companies across all sectors and stages, invests its own capital, and provides its global platform of over 215,000 registered members from 195 countries with unparalleled access and freedom to co-invest from as little as $10,000 in the companies and funds of their choice.
Founded by CEO Jon Medved in 2013 with the vision of democratizing world-class venture capital investing, OurCrowd has grown rapidly into the world’s leading online venture investing platform and as of 2021 has received over $1.9 billion in commitments, and deployed capital into more than 347 portfolio companies and 39 funds across five continents. To date, OurCrowd’s startups have recorded 59 exits including several stock market listings: Beyond Meat, Lemonade, Innoviz, Hub Security; and numerous high-profile acquisitions: JUMP by Uber, BriefCam by Canon, Argus by Continental, Crosswise by Oracle, Replay by Intel, Corephotonics by Samsung, CyberX by Microsoft, and Kenna Security by Cisco. OurCrowd builds value for its portfolio companies throughout their lifecycles, providing mentorship, recruiting industry advisors, navigating follow-on rounds and creating growth opportunities through its network of multinational partnerships.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20220627005314/en/
Contact
PRESS CONTACT: Leah Stern, Partner, Global Communications @OurCrowd / Europe: +44 747 019 6826 / E: leah@ourcrowd.com
Source : OurCrowd
Tuesday 28 June 2022
RESUMPTION OF PRODUCTION AT SHANGHAI FACTORIES
SINGAPORE, June 28 (Bernama-GLOBE NEWSWIRE) -- The Board of Directors of CDW Holding Limited (the “Company”, and together with its subsidiaries, the “Group”) wishes to update shareholders on the status of production at the Group’s factories in Shanghai. The Group’s two factories located in Shanghai under its two wholly-owned subsidiaries, Crystal Display Components (Shanghai) Co., Limited (“SHCD”) and Tomoike Precision Machinery (Shanghai) Co., Limited (“SHTP”) had experienced temporary stoppages due to the Shanghai Municipal Government’s COVID-19 lockdown (the “Shanghai Lockdown”), which commenced on 1 April 2022.
As previously announced, the SHCD factory officially resumed its partial production on 9 May 2022 under a ‘closed loop’ manufacturing arrangement. Following the announcement to end COVID-19 lockdown by the Shanghai Municipal Government on 1 June 2022, both SHCD and SHTP factories have officially resumed production.
In Jiading district, where both SHCD and SHTP are located, there has been a normalisation of factory operations with no movement restrictions within the district. However, outward deliveries of goods to other provinces (“Outward Logistics”) are still subject to each destination’s local requirements, e.g. for drivers to provide 48 hours negative PCR test results and to remain in the vehicle cabin while goods are unloaded. Alternatively, Outward Logistics can be outsourced to logistics companies to handle. The delivery of raw materials to a factory (“Inward Logistics”) from suppliers or the port has returned to normal, with a permit being required.
The Group’s key customer has taken the initiative to have the backlog of orders in April and May for digital instrument panels for the automotive industry to be completed by September, on top of normal existing orders, including increasing production capacity. On the other hand, a major portion of the Office Automation business undertaken by SHTP has not received any instructions to date from customers to fulfill its April and May backlog orders, so these orders, might not be recovered. All customer visits to the two factories have been stopped for the time being, as these visits are still subject to quarantine.
The production stoppages at the Group’s factories are likely to have an impact on the Group’s performance for the financial year ending 31 December 2022 (“FY2022”) and the Group will update shareholders once the financial impact of the production stoppages can be determined, if any. The Group’s other factories in China, located in Dongguan and Wuxi, have not had any production stoppages to date.
Shareholders of the Company and potential investors are advised to exercise caution when dealing in the shares of the Company. If in doubt as to the action they should take, shareholders and investors should consult their stockbrokers, bankers, solicitors, accountants, tax advisers or other professional advisers.
By Order of the Board
YOSHIKAWA Makoto
Chairman and Chief Executive Officer
Issued on behalf of : CDW Holding Limited
Contact : Ivan Hong / Gerald Woon
Office : (65) 6704 9288
Email / DID / Mobile : ivanhong@cogentcomms.com / (65) 6704 9287 / (65) 9055 8883
woon@cogentcomms.com / (65) 6704 9268 / (65) 9694 8364
SOURCE : CDW Holding Limited
NIELSENIQ ACCELERATES EXPANSION OF GLOBAL RETAIL STRATEGY WITH ADDITION OF RETAIL LAB LEADER, DAWN E. NORVELL
CHICAGO, June 28 (Bernama-BUSINESS WIRE) -- NielsenIQ has strengthened its leading global retail practice with the addition of Dawn E. Norvell as Global Head of the newly formed NielsenIQ Retail Lab. In her new role, Norvell will lead a progressive team created to better identify retail client needs, design solutions, and enable retailers to use NielsenIQ's full suite of products to help drive their business. Norvell will build a sales and commercial management strategy designed to expand NielsenIQ's retail analytics focus and enable growth within the business unit.
“The NielsenIQ Retail Lab is an important part of our global retail strategy & company success, and Dawn’s industry-leading knowledge and background in the global marketplace gives a rare viewpoint of the current retail climate,” said David Johnson, Global President of Retail at NielsenIQ. “Her extensive first-hand experience will enhance our broad range of go-to-market client offerings and add significant depth to our retail team. We are thrilled that NielsenIQ continues to attract the highest talent of innovative thinkers and visionary leaders.”
Norvell is a visionary business leader with a proven track record of success and extensive retail experience. Her expertise in consumer and manufacturer data analytics, bridging complex solutions to solve business problems and in profit and loss management and consumer-led business strategy will enable us to deliver strong, long-term business results.
“The move to NielsenIQ is an exciting one for me because the company's reputation for excellent client service and its dedication to delivering expert analysis of consumer and market trends Is unmatched,” Dawn E. Norvell said. “I was also drawn to the company's new Retail Lab, a true Innovative lab concept that allows the discovery of a retailer's root issues, the ability to address these issues, and the opportunity to monetize the retailer's strengths. I look forward to driving strong business results by leading and developing a diverse team of innovative thinkers and talented professionals in the NielsenIQ Retail Lab.”
Prior to joining NielsenIQ, Norvell spent more than 10 years at Walmart, where she served as both a senior merchant and a category marketer across food, consumables, and beauty. She has been recognized by various industry awards, including Walmart’s Merchandising Excellence Impact Award and Walmart’s Risk Thinking Award. In addition, Norvell has been featured as a key speaker in numerous industry events and was highlighted as a “Pretty Powerful” beauty industry executive in Essence Magazine’s “Black Women in Beauty: 15 Beauty Executives Who Are Changing the Industry.”
About NielsenIQ
NielsenIQ, a global information services company, delivers the gold standard in consumer and retail measurement, through the most connected, complete, and actionable understanding of the evolving global, omnichannel consumer. NielsenIQ is the source of confidence for the industries we serve and the pioneer defining the next century of consumer and retail measurement. Our data, connected insights, and predictive analytics optimize the performance of CPG and retail companies, bringing them closer to the communities they serve and helping to power their growth.
NielsenIQ, an Advent International portfolio company, has operations in 90+ markets, covering more than 90% of the world’s population. For more information, visit NielsenIQ.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20220627005238/en/
Contact
Gillian Mosher
VP, Communication
Gillian.mosher@nielseniq.com
Source : NielsenIQ
Monday 27 June 2022
GTJAI RECEIVED 16 AWARDS FROM INSTITUTIONAL INVESTOR INCLUDING "MOST HONORED COMPANY"
(Photo: Business Wire)
HONG KONG, June 27 (Bernama-BUSINESS WIRE) -- Guotai Junan International Holdings Limited ("GTJAI" or the "Company", Stock Code: 1788.HK) announced that Institutional Investor, a globally renowned financial magazine, has released the “2022 All-Asia Executive Team” rankings recently to evaluate the performances of financial disclosure, market value management of listed companies in Asia in the fiscal year 2021. This year, GTJAI won 16 awards (including 10 in Asia and 6 in Mainland China) out of more than 1,600 nominated companies and 2,606 executives among 18 industries and was once again awarded the “Most Honored Company”, the most valuable award, by leveraging on the outstanding corporate governance, professional and efficient investor relations management, and excellent corporate social responsibility performance. In addition, the Company also ranked among the best in individual awards, namely "Best IR Program", "Best ESG", "Best IR Team" , "Best CEO", "Best CFO" and "Best IR Professional".
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20220624005159/en/
“Institutional Investor” Magazine
“Institutional Investor” magazine, established in New York, the USA, in 1967, is one of the most influential financial magazines in the world. The magazine annually conducts executive team selection for listed companies in the Asia-Pacific region, and the results are highly recognized by the capital market and regarded as a global investment trendsetter by the industry. The “2022 All-Asia Executive Team” results are determined by votes from over 5,500 portfolio managers, buy-side analysts and sell-side analysts, and are rated on several major areas, including the accessibility of senior executives, execution of corporate strategy, capabilities of investor relations team, business and market knowledge, environment, social and governance (ESG) information, as well as timeliness of disclosure.
About GTJAI
Guotai Junan International (“GTJAI”, Stock Code: 1788.HK) is the market leader and first mover for internationalization of Chinese Securities Company as well as the first Chinese securities broker listed on the Main Board of The Hong Kong Stock Exchange through initial public offering. It has also been included in FTSE4Good Index by London Stock Exchange of the United Kingdom. Based in Hong Kong, GTJAI provides diversified integrated financial services. Core business includes seven categories of brokerage, corporate finance, asset management, loans and financing, financial products, market making and investments, which cover three dimensions including individual finance (wealth management), institutional finance (institutional investor services and corporate finance service) and investment management. GTJAI has been assigned “Baa2” and “BBB+” long term issuer rating from Moody and Standard & Poor respectively. The controlling shareholder, Guotai Junan Securities Company Limited (Stock Code: 601211.SH; 2611.HK), is the comprehensive financial provider with a long-term, sustainable and overall leading position in the Chinese securities industry. For more information about GTJAI, please visit https://www.gtjai.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20220624005159/en/
Contact
Jason Yan, CFA
jason.yan@gtjas.com.hk
+852 2509 5487
Mia Wu
mia.wu@gtjas.com.hk
+852 2509 2138
Source : Guotai Junan International Holdings Limited
Sunday 26 June 2022
Cloudflare announces new Cloudflare One Partner Program
KUALA LUMPUR, June 24 (Bernama) -- San Francisco, CA-headquartered Cloudflare Inc, the security, performance, and reliability company helping to build a better Internet, has announced the new Cloudflare One Partner Program.
The Program presents a new way for the channel to integrate and extend Cloudflare One, the only cloud-native solution with global network scale, now with direct paths for partners from full enablement to robust incentives.
By building on Cloudflare’s comprehensive Zero Trust, Network-as-a-Service, and Cloud Email Security offerings, the Cloudflare One Partner Program enables partners to provide the architecture needed to keep today’s organisations secure while speeding up their devices, applications, and entire networks.
“In order to keep today’s business environment protected and productive, organisations need a unified solution to secure their distributed workforces and at the same time accelerate employee systems. But another key piece is broad adoption, and that’s why we’ve been working to seamlessly layer this into organisations without interruptions,” said Matthew Prince, co-founder and CEO of Cloudflare in a statement.
“Critical architectures like Zero Trust shouldn’t be complex, yet we hear every day from businesses that don’t know where to start. That’s why we have modernised how partners can fully implement and deliver what organisations of all sizes need most today.”
Legacy systems have involved complex integrations and interruptions to employee workflows. In order to protect organisations, workforces, and networks of all sizes against today’s threat landscape, the Cloudflare One Partner Program delivers a full set of best-in-class Zero Trust capabilities combined with extensive partner services enablement.
Over the past year, the number of Cloudflare One customers has increased 100 per cent and daily average traffic has increased by 6x.
Cloudflare’s deeply integrated approach coupled with direct paths for channel partners, has created one of the most robust incentive programs today to extend Zero Trust, enabling partners to, among others, guide customers at every step; deliver comprehensive solutions; and automatically protect users from phishing attacks.
For more information, visit www.cloudflare.com.
-- BERNAMA
Thursday 23 June 2022
CLOUDFLARE EXPANDS ITS ZERO TRUST PLATFORM TO BECOME THE ONLY CLOUD-NATIVE PROVIDER WITH NETWORK SCALE
Continued innovation to secure all aspects of a company’s applications, devices, and networks drove 100% year over year customer growth and 6X growth in daily traffic
SAN FRANCISCO, June 21 (Bernama-BUSINESS WIRE) -- Cloudflare, Inc. (NYSE: NET), the security, performance, and reliability company helping to build a better Internet, today announced several new capabilities for Cloudflare One, its Zero Trust SASE platform, making it the only cloud-native Zero Trust solution with global network scale. New features for Cloudflare One include sophisticated email security protection, data loss prevention tools, cloud access security broker (CASB), and private network discovery. Now, any organization can use Cloudflare One for a comprehensive and deeply-integrated Zero Trust security and networking solution to protect and accelerate the performance of devices, applications, and entire networks to keep workforces secure and productive."When I sit with customers, they share that one of the most daunting aspects of Zero Trust security is simply where to begin. Making matters worse, every vendor has a different definition for Zero Trust, turning a critical approach to security into a misunderstood and overused term," said Matthew Prince, co-founder and CEO of Cloudflare. “We believe Zero Trust must extend to the entire network, all the way from email to data centers, and accelerate user and endpoint connections, not slow people down. And we want to give every customer a step-by-step guide for what they can do today, this week, and this month to make themselves more secure regardless of what vendor they use."
Today, employees are highly mobile and critical applications have moved to the cloud – no longer residing inside an office protected by a secure perimeter. This fundamental shift in where and how people work has caused enterprises to rethink legacy tools like VPNs and hardware boxes and abandon the traditional castle-and-moat approach to security, looking towards Zero Trust. Cloudflare One unifies network security as-a-service built natively into one of the world’s largest networks, providing fast, reliable global connectivity; cloud-based security; and better visibility and control through a common dashboard and API. With Cloudflare’s Zero Trust platform organizations can easily secure their applications and employees against the modern threat landscape without the complex integration costs or disrupting employee productivity like many legacy systems.
Cloudflare One provides a comprehensive Zero Trust SASE solution that is built natively into Cloudflare’s global network, spanning more than 270 cities in over 100 countries. This deeply integrated approach ensures a simple deployment in just a few clicks, lightning fast performance wherever users are, and robust security across endpoints, networks, and email, enabling organizations to:
Wednesday 22 June 2022
ANAQUA TO ACQUIRE PRACTICE INSIGHT TO ROUND OUT ITS LAW FIRM IP MANAGEMENT SOLUTIONS
Acquisition will enhance both AQX and PATTSY WAVE as IP practice management platforms for law firms by adding fully integrated IP time and billing capabilities
BOSTON, June 22 (Bernama-GLOBE NEWSWIRE) -- Anaqua, the leading global innovation and intellectual property (IP) management technology provider, today announced that it has entered into a definitive agreement to acquire Practice Insight Pty Ltd, and its intelligent time capture software WiseTime, from IPH Limited.
In leveraging Practice Insight’s technology for integrated IP time and billing functionality, Anaqua continues its investment in both AQX® Law Firm and PATTSY WAVE® as end-to-end IP practice management solutions, while adding WiseTime, Practice Insight’s flagship autonomous time capture tool to its suite of standalone offerings.
“This acquisition underscores our steadfast commitment to meeting the evolving needs of the law firm market,” said Bob Romeo, CEO of Anaqua. “We have listened very carefully to practitioner feedback across the globe, and it is clear that law firms are seeking IP management solutions that offer advanced reporting and analytics, integrated document management, secure cloud hosting, collaborative client portals, intuitive user experience – and integrated time and billing. With the acquisition of Practice Insight, we will now have all of these features fully integrated into both AQX Law Firm and PATTSY WAVE.”
The Practice Insight team, led by co-founder and current CEO Thomas Haines, will maintain its footprint in Perth, Australia, joining Anaqua’s global R&D organization.
“Our companies share a deep passion for leveraging technology to drive efficiency within IP operations,” said Haines, a former practicing patent attorney, who will join Anaqua as Vice President and continue to lead the Practice Insight team. “We have quickly developed a strong rapport with the Anaqua team and look forward to joining the organization, as we execute against our shared vision for an end-to-end IPMS for law firms.”
“WiseTime’s service offering strongly aligns with Anaqua’s suite of IP management software and will provide the team growth opportunities,” said Andrew Blattman, IPH CEO and Managing Director. “We wish the team every future success as part of Anaqua.”
The transaction is conditional on regulatory approvals and other usual conditions and is expected to complete early in the third quarter.
About Anaqua
Anaqua, Inc. is a premium provider of integrated intellectual property (IP) management technology solutions and services for corporations and law firms. Its IP management software solutions, AQX and PATTSY WAVE, both offer best practice workflows with big data analytics and tech-enabled services to create an intelligent environment designed to inform IP strategy, enable IP decision-making, and streamline IP operations, tailored to each segment’s need. Today, nearly half of the top 100 U.S. patent filers and global brands, as well as a growing number of law firms worldwide use Anaqua’s solutions. Over one million IP executives, attorneys, paralegals, administrators, and innovators use the platform for their IP management needs. The company’s global operations are headquartered in Boston, with offices across the U.S., Europe, and Asia. For additional information, please visit anaqua.com, or on LinkedIn.
About WiseTime (also known as Practice Insight)
As a member of IPH, WiseTime (also known as Practice Insight) has been at the forefront of developing IP business intelligence software, including its flagship offering WiseTime, a seamless and automated timekeeping solution. For more information, please visit wisetime.com, or on LinkedIn.
About IPH Limited
IPH is the Asia Pacific’s leading intellectual property services group, comprising a network of member firms working in eight IP jurisdictions and servicing more than 25 countries. The group includes leading IP firms AJ Park, Applied Marks, Griffith Hack, Pizzeys and Spruson & Ferguson, and the autonomous timekeeping business, WiseTime, and employs more than 900 people working in Australia, China, Hong Kong SAR, Indonesia, Malaysia, New Zealand, Singapore and Thailand. For more information, visit IPH Limited, or on LinkedIn.
Company Contact:
Amanda Hollis
Director, Communications
Anaqua
617-375-5808
ahollis@Anaqua.com
SOURCE : Anaqua Inc