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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24 พ.ย. 65

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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