Fitch Affirms Siam Future at ‘BBB+(tha)’; Withdraws Rating

Fitch Ratings (Thailand) Limited has affirmed community-mall developer and operator Siam Future Development Public Company Limited’s (SF) National Long-Term Rating at ‘BBB+(tha)’ with a Stable Outlook. Fitch has also affirmed the National Short-Term Rating at ‘F2(tha)’ and national senior unsecured rating at ‘BBB+(tha)’. The National Long-Term Rating incorporates a two-notch uplift from SF’s…

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25 พ.ย. 65

Tokio Marine Increases Shareholding in PT Asuransi Tokio Marine Indonesia

Tokio Marine Holdings, Inc. (“Tokio Marine”) increased its shareholding in PT Asuransi Tokio Marine Indonesia (hereinafter “TMI”) from 60% to 80% through its wholly owned subsidiary, Tokio Marine Asia Pte. Ltd. (“Tokio Marine Asia”). The stake was increased through acquisition of 20% of shares held by joint venture partner, PT Asuransi Jasa Indonesia (“Jasindo”), at […]

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24 พ.ย. 65

REYL Finance MEA awarded “Best Overall Fund Manager – Regional/Global Reach” accolade by WealthBriefing

REYL Finance MEA (part of the REYL Intesa Sanpaolo group) is proud to have been awarded the “Best Overall Fund Manager – Regional/Global Reach” accolade at the annual WealthBriefing MENA Awards for Excellence 2022 ceremony held in Dubai last night. The WealthBriefing MENA Awards for Excellence are dedicated to celebrating excellence and rewarding achievement in […]

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24 พ.ย. 65

Fitch Affirms Raimon Land at ‘CCC(tha)’; Withdraws Rating

Fitch Ratings (Thailand) has affirmed Raimon Land Public Company Limited’s (RML) National Long-Term Rating of ‘CCC(tha)’. The rating reflects RML’s unfunded liquidity and high refinancing risks over the next 12 months. Concurrently, Fitch has chosen to withdraw RML’s rating for commercial reasons. KEY RATING DRIVERSHigh Refinancing Risk; Unfunded Liquidity: Negative funds from operations (FFO) and […]

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MAG OF LIFE LAUNCHES EIGHT MANSIONS AT THE RITZ-CARLTON RESIDENCES, DUBAI, CREEKSIDE, EACH VALUED AT USD 47.8 MILLION

The USD 1.3 billion development is the first in the region to pursue a WELL Health-Safety Rating certification. The available mansions are conceptualised under two of three architectural themes, earth and water. MAG of Life has announced the launch of eight out of total 12 mansions at the Ritz-Carlton Residences, Dubai, Creekside, part of the […]

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23 พ.ย. 65

PUBLICATION OF THE OFFERING CIRCULAR IN RELATION TO THE MERGER BETWEEN DSM and Firmenich and the LISTING OF DSM-Firmenich ON EURONEXT AMSTERDAM

THIS PRESS RELEASE IS NOT FOR GENERAL RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, IN OR INTO, DIRECTLY OR INDIRECTLY, THE UNITED STATES OR ANY OTHER JURISDICTION WHERE SUCH RELEASE, PUBLICATION OR DISTRIBUTION WOULD VIOLATE APPLICABLE LAWS OR REGULATIONS This is a joint press release by Koninklijke DSM N.V. (DSM), Firmenich International SA […]

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22 พ.ย. 65

MultiBank Group Announces the Relocation of its Headquarters from Hong Kong to Dubai and Celebrates New Beginnings in the UAE with a Spectacular Evening Gala Dinner

Leaders and VIPs of the trading community enjoyed a grand evening of entertainment and networking at the Annual Gala Dinner 2022 Since its inception in 2005, MultiBank Group has evolved into the largest financial derivatives institution worldwide. Just recently, in October 2022, MultiBank Group moved its Headquarters from Hong Kong to Dubai, UAE. Mr. Taher, […]

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21 พ.ย. 65

Bitget increases Protection Fund to $300M to safeguard user’s assets after FTX’s fall

Leading global cryptocurrency exchange, Bitget announces that it will increase its Protection Fund to 300 million USD, in order to provide better protection and further assurance to crypto users. This is part of Bitget’s major efforts in building the trust of the crypto market after FTX’s collapse, leaving users with massive losses. The initiatives come […]

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21 พ.ย. 65

ESR’s ARA announces milestone partnership with the Export–Import Bank of China for US$1 billion infrastructure fund

China ASEAN Investment Cooperation Fund II is the largest ASEAN-focused private infrastructure fund and this represents ESR Group ‘ s first infrastructure fund Fund will invest in infrastructure, energy resources including renewables, and information and communications (“ICT”) sub-sectors, with a strong focus on sustainability and ESG standards ESR Group Limited (“ESR” or the “Company”, together with its…

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