Jason Momoa walks the red carpet at the Aquaman Fan Event on Wednesday (December 19) at Event Cinemas George Street in Sydney, Australia. The 39-year-old actor just opened up about why he’ll never cut his long hair off. “My wife would leave me if I cut my hair so I just don’t cut my hair,” [...]
Reported by Just Jared 6 minutes ago.
Jason Momoa Explains Why He'll Never Cut His Long Hair
↧
↧
Australia: Surprise! Its a Christmas payment claim - outstanding! - Holding Redlich
With office closures and staff away on leave, the risk is that a payment claim is received and not responded to in time.
Reported by Mondaq 18 minutes ago.
↧
Australia: Building and Construction Industry Security of Payment Amendment Act 2018 (NSW) - Holding Redlich
The Amendments form part of NSW's response to the Murray Report into Security of Payment legislation around Australia.
Reported by Mondaq 15 minutes ago.
↧
Australia: ACCC continues to combat unfair contract terms - Holding Redlich
The ACCC cracked down on the waste management sector for the use of unfair contract terms in standard form contracts.
Reported by Mondaq 3 minutes ago.
↧
TCU adds 22 at start of early signing period with a top QB
Highly touted QB Max Duggan and a rugby-style punter from Australia among 22 players TCU adds in early signing period
Reported by FOX Sports 4 hours ago.
↧
↧
WATCH: Australian lizards engage in epic battle
A pair of sand goannas were caught on video last week, apparently duking it out with one another in Australia.
Reported by FOXNews.com 4 hours ago.
↧
Forex Today: Kiwi – weakest in Asia amid risk-off; UK retail sales, BOE - key
A renewed risk-aversion wave gripped the financial markets across Asia this Thursday, and hence, the traders sold-off the risk assets such as the Asian equities, oil, Treasury yields and the Antipodeans. Across the fx board, the Kiwi emerged the weakest near 0.6720, having faced a double whammy from dismal NZ Q3 GDP figures and risk-off market profile. The Aussie dropped back below the 0.71 handle amid an unexpected rise in the Australian jobless rate while the Yen benefited from BoJ’s intact view on the Japanese economic recovery, despite rising global risks. As a result, the USD/JPY pair ran into fresh offers in a bid to test the 112 handle.
Among the related markets, both crude benchmarks are down nearly 2% while the 10-year Treasury yields slipped -0.80% alongside a 1% drop in the US equity futures. Meanwhile, the Japanese benchmark, the Nikkei 225 index, slumped 3.40% to 20,800 levels, leading the declines in its Asian peers. Gold prices on Comex failed to benefit from the risk-off trades and traded weaker below the 1250 barrier.
*Main Topics in Asia*
Australia adds 37 thousand jobs, Unemployment Rate ticks up to 5.1%
World Bank: China growth to hit 6.2% in 2019 - Reuters
HKMA warns of increasing downside risks to the economy
Gold: Bearish outside-day makes today's close pivotal
PBOC leaves short-term interest rates unchanged
Chinese tax official: China is reportedly assessing a new and substantial tax cut - Reuters
BoJ leaves policy unchanged, as widely expected
Oil recovery vanishes, WTI falling back into $47.00
US Senate passed a stopgap funding measure to avert shut down
US 10-year yield hits 8-month low despite hawkish Fed hike
*Key Focus Ahead*
Markets gear up for a busy European session ahead, with the UK retail sales at 0930 GMT and the Bank of England (BOE) monetary policy announcement and the minutes release at 1200 GMT. Ahead of the UK events, the Swiss trade data will be published at 0700 GMT and the Eurozone current account numbers will drop in 0900 GMT, both of which are likely to have virtually no impact on the markets.
In the NA session, the usual weekly jobless claims from the US will be released at 1330 GMT, parallelly we will see the release of the Canadian ADP jobs and wholesale sales report.
EUR/USD: Renewed fears of curve inversion may weigh over the greenback
Technically speaking, the EUR/USD pair still lacks clear direction and a bull breakout would be confirmed if and when the pair closes above the 55-day EMA, currently at 1.1408.
GBP/USD struggling to build a base above 1.2600 ahead of BoE, UK Retail Sales
At 09:30 GMT the UK's annualized Retail Sales for November are forecast to come in at 1.9% (last 2.2%), while 12:00 GMT has the BoE dropping their latest MPS along with their interest rate decision.
UK retail sales Preview: Black Friday online sales keep traditional sales weak ahead of Christmas
Total UK retail sales are expected to rise 0.3% m/m in November with core sales excluding motor fuel sales seen rising 0.2% m/m as the trend from online sales madness on Black Friday indicate changing mood.
The Bank of England Preview: The Bank rate set to remain on hold amid Brexit uncertainty peaking
The Bank of England Monetary Policy Committee is expected to hold the Bank rate steady at 0.75% on the December policy meeting amid slowing inflation and peaking Brexit uncertainty.
Reported by FXstreet.com 3 hours ago.
Among the related markets, both crude benchmarks are down nearly 2% while the 10-year Treasury yields slipped -0.80% alongside a 1% drop in the US equity futures. Meanwhile, the Japanese benchmark, the Nikkei 225 index, slumped 3.40% to 20,800 levels, leading the declines in its Asian peers. Gold prices on Comex failed to benefit from the risk-off trades and traded weaker below the 1250 barrier.
*Main Topics in Asia*
Australia adds 37 thousand jobs, Unemployment Rate ticks up to 5.1%
World Bank: China growth to hit 6.2% in 2019 - Reuters
HKMA warns of increasing downside risks to the economy
Gold: Bearish outside-day makes today's close pivotal
PBOC leaves short-term interest rates unchanged
Chinese tax official: China is reportedly assessing a new and substantial tax cut - Reuters
BoJ leaves policy unchanged, as widely expected
Oil recovery vanishes, WTI falling back into $47.00
US Senate passed a stopgap funding measure to avert shut down
US 10-year yield hits 8-month low despite hawkish Fed hike
*Key Focus Ahead*
Markets gear up for a busy European session ahead, with the UK retail sales at 0930 GMT and the Bank of England (BOE) monetary policy announcement and the minutes release at 1200 GMT. Ahead of the UK events, the Swiss trade data will be published at 0700 GMT and the Eurozone current account numbers will drop in 0900 GMT, both of which are likely to have virtually no impact on the markets.
In the NA session, the usual weekly jobless claims from the US will be released at 1330 GMT, parallelly we will see the release of the Canadian ADP jobs and wholesale sales report.
EUR/USD: Renewed fears of curve inversion may weigh over the greenback
Technically speaking, the EUR/USD pair still lacks clear direction and a bull breakout would be confirmed if and when the pair closes above the 55-day EMA, currently at 1.1408.
GBP/USD struggling to build a base above 1.2600 ahead of BoE, UK Retail Sales
At 09:30 GMT the UK's annualized Retail Sales for November are forecast to come in at 1.9% (last 2.2%), while 12:00 GMT has the BoE dropping their latest MPS along with their interest rate decision.
UK retail sales Preview: Black Friday online sales keep traditional sales weak ahead of Christmas
Total UK retail sales are expected to rise 0.3% m/m in November with core sales excluding motor fuel sales seen rising 0.2% m/m as the trend from online sales madness on Black Friday indicate changing mood.
The Bank of England Preview: The Bank rate set to remain on hold amid Brexit uncertainty peaking
The Bank of England Monetary Policy Committee is expected to hold the Bank rate steady at 0.75% on the December policy meeting amid slowing inflation and peaking Brexit uncertainty.
Reported by FXstreet.com 3 hours ago.
↧
Australia: Strong employment data - TDS
Analysts at TD Securities point out that Australian employment jumped by +37k in Nov (TD +35k, mkt +20k) but all part-time at +43.4k.
*Key Quotes*
“The unemployment rate rose to 5.1% due to a pickup in the participation rate to 65.7%.”
“Overall, another solid employment report, looking thru full-time/part-time volatility. RBA doesn't expect the u-rate to have a four-handle until 2020.” Reported by FXstreet.com 3 hours ago.
*Key Quotes*
“The unemployment rate rose to 5.1% due to a pickup in the participation rate to 65.7%.”
“Overall, another solid employment report, looking thru full-time/part-time volatility. RBA doesn't expect the u-rate to have a four-handle until 2020.” Reported by FXstreet.com 3 hours ago.
↧
China's largest Consumer Goods, Gifts & Houseware Fair will take place in April 2019 in Shenzhen
SHENZHEN, China, Dec. 20, 2018 /PRNewswire/ -- China (Shenzhen) International Gifts, Handcrafts, Watches & Housewares Fair (Gifts & Home China/the fair), hosted by Reed Huabo Exhibitions and established in 1993, is China's pioneer and most established consumer goods trade show. It's a 4-day professional trade show with multiple industry seminars and gathering activities. The upcoming edition will be held from April 25-28, 2019 at the Shenzhen Convention & Exhibition Center. Exhibiting at this fair is an effective option for foreign companies to meet the ideal business partners and buyers in China, and a cost-effective way to start and expand a business in China.
China is known as a major supplier of all kinds of products; however, with its rapid economic growth, China is shifting to a major consumer market of the world's products. With the second largest aggregate economy and a substantial growth in income, people in China spend much more money than ever before. Overseas products with good designs and quality are especially in demand, meaning now is the best time for overseas companies to tap into the great emerging opportunities in China.
General Fair Information:
*Statistics:*
Show space: 110,000 sqm
No of Booths: 5,200
No of Exhibitors: 2,500
No of visits: 150,000 (90% are domestic Chinese buyers)
*Exhibits:*
Gifts & Premiums, Houseware, Electronics & Electrical Appliances, Promotional Items, Arts & Crafts, Home Decorations, Ceramics, Home Textiles, Crystal & Glassware, Paper & Packaging Products, Cases, Bags & Leather Products, Beauty & Health Products, Stationery, Sports & Leisure Products, Food Items
*Buyers Profile:*
Gift Company, Agents & Distributors, Manufacturer, Wholesaler, Importers, Hotels & Real Estate, Financial Companies (Banks, Insurances & Securities company), Telecommunication Companies, Automobiles & Airlines Companies, Clothing Companies, Shops Owners & Retailers, Department Stores & Chain Stores, Buying Offices, E-commerce Merchants, Leisure/Amusement and AD agent, etc.
So far, exhibitors from Iran, Thailand, Korea, Japan, Malaysia, Australia, Holland, India, Pakistan, Nepal, Hong Kong and Taiwan have exhibited at the fair. Group pavilions organized by Gyeonggi-do Small and Medium Business Support Center (GSBC), Kotra, KOHAND of Korea and DITP from Thailand were well-received at the fair.
For more information, please visit www.chinagiftsfair.com
Related Links :
http://www.chinagiftsfair.com Reported by PR Newswire Asia 1 hour ago.
China is known as a major supplier of all kinds of products; however, with its rapid economic growth, China is shifting to a major consumer market of the world's products. With the second largest aggregate economy and a substantial growth in income, people in China spend much more money than ever before. Overseas products with good designs and quality are especially in demand, meaning now is the best time for overseas companies to tap into the great emerging opportunities in China.
General Fair Information:
*Statistics:*
Show space: 110,000 sqm
No of Booths: 5,200
No of Exhibitors: 2,500
No of visits: 150,000 (90% are domestic Chinese buyers)
*Exhibits:*
Gifts & Premiums, Houseware, Electronics & Electrical Appliances, Promotional Items, Arts & Crafts, Home Decorations, Ceramics, Home Textiles, Crystal & Glassware, Paper & Packaging Products, Cases, Bags & Leather Products, Beauty & Health Products, Stationery, Sports & Leisure Products, Food Items
*Buyers Profile:*
Gift Company, Agents & Distributors, Manufacturer, Wholesaler, Importers, Hotels & Real Estate, Financial Companies (Banks, Insurances & Securities company), Telecommunication Companies, Automobiles & Airlines Companies, Clothing Companies, Shops Owners & Retailers, Department Stores & Chain Stores, Buying Offices, E-commerce Merchants, Leisure/Amusement and AD agent, etc.
So far, exhibitors from Iran, Thailand, Korea, Japan, Malaysia, Australia, Holland, India, Pakistan, Nepal, Hong Kong and Taiwan have exhibited at the fair. Group pavilions organized by Gyeonggi-do Small and Medium Business Support Center (GSBC), Kotra, KOHAND of Korea and DITP from Thailand were well-received at the fair.
For more information, please visit www.chinagiftsfair.com
Related Links :
http://www.chinagiftsfair.com Reported by PR Newswire Asia 1 hour ago.
↧
↧
Asian equities follow Wall Street down the tubes on Fed tantrum
· *US Fed rate hike drives equities further off-balance, sending Asian markets into bear territory.*
· *Asian markets are broadly lower as investors flee **Fed's** 'aggressive' monetary policy stance.*
Asian equities followed Wall Street's lead, declining sharply for Thursday as investors throw a hissy fit on the US Federal Reserve's decision to raise interest rates 0.25% one last time in 2018.
Fed chairman Jerome Powell downplayed overarching market volatility, and doubled down on the Fed's current commitment to reversing QE programs, though the Fed's dot-plot has shifted lower from three anticipated rate hikes in 2019 to only two. Stock traders have not taken kindly to the Fed's punishment, taking the central bank's moves personally and pulling the plug on stocks across the board for Thursday.
Japanese indexes have gone full-bear as Asia investors reverse out of Japan's stock markets, sending the Nikkei 225 plummeting -3.35% and counting on the day, while Tokyo's Topix is similarly battered, declining -2.80%. Investor sentiment is relatively more stable in China, though stocks are still seeing red for Thursday as Hong Kong's Hang Seng retreats -1.05% and Shanghai dips by -0.70%.
Australia's markets are faring poorly as well, with the ASX 200 slumping -1.35%, and the MSCI broad Asia-Pacific index is seeing moderate balance on the day, up a meager 0.16%, but over three-quarters of the stocks that make up the emerging market index are nevertheless seeing declines for the day.
*Nikkei 225 Technical Levels*
Nikkei 225
Overview:
Today Last Price: 20385
Today Daily change: -3.1e+4 pips
Today Daily change %: -1.47%
Today Daily Open: 20690
Trends:
Previous Daily SMA20: 21656.32
Previous Daily SMA50: 21828.93
Previous Daily SMA100: 22457.32
Previous Daily SMA200: 22424.39
Levels:
Previous Daily High: 21205
Previous Daily Low: 20590
Previous Weekly High: 21920
Previous Weekly Low: 20935
Previous Monthly High: 22570
Previous Monthly Low: 21180
Previous Daily Fibonacci 38.2%: 20824.93
Previous Daily Fibonacci 61.8%: 20970.07
Previous Daily Pivot Point S1: 20451.67
Previous Daily Pivot Point S2: 20213.33
Previous Daily Pivot Point S3: 19836.67
Previous Daily Pivot Point R1: 21066.67
Previous Daily Pivot Point R2: 21443.33
Previous Daily Pivot Point R3: 21681.67
Reported by FXstreet.com 2 hours ago.
· *Asian markets are broadly lower as investors flee **Fed's** 'aggressive' monetary policy stance.*
Asian equities followed Wall Street's lead, declining sharply for Thursday as investors throw a hissy fit on the US Federal Reserve's decision to raise interest rates 0.25% one last time in 2018.
Fed chairman Jerome Powell downplayed overarching market volatility, and doubled down on the Fed's current commitment to reversing QE programs, though the Fed's dot-plot has shifted lower from three anticipated rate hikes in 2019 to only two. Stock traders have not taken kindly to the Fed's punishment, taking the central bank's moves personally and pulling the plug on stocks across the board for Thursday.
Japanese indexes have gone full-bear as Asia investors reverse out of Japan's stock markets, sending the Nikkei 225 plummeting -3.35% and counting on the day, while Tokyo's Topix is similarly battered, declining -2.80%. Investor sentiment is relatively more stable in China, though stocks are still seeing red for Thursday as Hong Kong's Hang Seng retreats -1.05% and Shanghai dips by -0.70%.
Australia's markets are faring poorly as well, with the ASX 200 slumping -1.35%, and the MSCI broad Asia-Pacific index is seeing moderate balance on the day, up a meager 0.16%, but over three-quarters of the stocks that make up the emerging market index are nevertheless seeing declines for the day.
*Nikkei 225 Technical Levels*
Nikkei 225
Overview:
Today Last Price: 20385
Today Daily change: -3.1e+4 pips
Today Daily change %: -1.47%
Today Daily Open: 20690
Trends:
Previous Daily SMA20: 21656.32
Previous Daily SMA50: 21828.93
Previous Daily SMA100: 22457.32
Previous Daily SMA200: 22424.39
Levels:
Previous Daily High: 21205
Previous Daily Low: 20590
Previous Weekly High: 21920
Previous Weekly Low: 20935
Previous Monthly High: 22570
Previous Monthly Low: 21180
Previous Daily Fibonacci 38.2%: 20824.93
Previous Daily Fibonacci 61.8%: 20970.07
Previous Daily Pivot Point S1: 20451.67
Previous Daily Pivot Point S2: 20213.33
Previous Daily Pivot Point S3: 19836.67
Previous Daily Pivot Point R1: 21066.67
Previous Daily Pivot Point R2: 21443.33
Previous Daily Pivot Point R3: 21681.67
Reported by FXstreet.com 2 hours ago.
↧
The need for speed: Arnie's attacking plan for the Asian Cup
There's no room for target men in Australia's new-look attack as Graham Arnold prioritises pace, numbers in the box and variation in his forward line.
Reported by Brisbane Times 1 hour ago.
↧
Smith back in spotlight with press conference to follow controversial ad
Steve Smith will on Friday make his first media appearance in Australia since his tearful apology in March.
Reported by Brisbane Times 1 hour ago.
↧
Delta's Containerized Data Center Solutions Support Campana's Submarine Cable Landing Station in Myanmar with Superior Energy Efficiency and Agility
TAIPEI, Taiwan, Dec. 20, 2018 /PRNewswire/ -- Delta, a global provider of power and thermal management solutions, announced it has enabled an energy-efficient 200kW containerized data center solution for the Singapore-based Campana Group. The modular and scalable properties of Delta's Containerized Data Center Solution were integral for the project to be completed in just 50 days, from shipment (originating at Delta's production base in Wujiang, China) to full installation of coupled containers in Yangon, Myanmar. This data center features superior energy efficiency with annual average PUE (Power Usage Effectiveness) below 1.43, thus, achieving gold level of the Green Grid standard. Designed for the SIGMAR (Singapore-Myanmar) International Submarine Cable Project, the Campana data center is the largest high-speed data center connecting Singapore and Myanmar, and shall benefit end consumers in Southeast Asia with an enriched digital life.
Dr. Myo Ohn, CEO of Campana Group, noted: "Building data centers in Myanmar is extremely challenging. You have to meet power requirements as well as efficiency targets. We wanted a supplier that we could depend on both in terms of quality and technical ability. Therefore, we chose Delta." The Campana Group's submarine cable project in Myanmar, with Singapore as the Internet hub, will connect submarine cable network to cable landing stations to meet the rapidly growing demands for online activities in Myanmar.
"It's a pleasure to partner with Campana, who aims to empower digitalization in Southeast Asia, and together we have reached such satisfactory results. Delta's prefabricated data center infrastructure solutions not only enable fast deployment and construction as demanded, but also come with high reliability and integration to fit the full range of application environments present in the edge computing field. Moreover, we assist customers' in penetrating more network connectivity service markets," Dr. Charles Tsai, general manager of Delta's Mission Critical Infrastructure Solutions Business Unit, added. To learn more about Delta's offerings for Campana data center, visit http://www.deltapowersolutions.com/en/mcis/success-story-deltas-containerized-data-center-solutions-support-campanas-submarine-cable-landing-station-in-myanmar.php
Delta has been offering similar data center product services since 2007. It also has the first containerized data center production facility in mainland China with hundreds of customized and standard products sold to customers in Australia, Southeast Asia as well as other areas around the world.
*Media Contact:*
Corporate Communications
Thomas Chang, Senior Manager
Tel: 886-2-8797-2088 Ext: 5511
Mobile: +886-955-217-311
E-mail: thomas.chang@deltaww.com Reported by PR Newswire Asia 1 hour ago.
Dr. Myo Ohn, CEO of Campana Group, noted: "Building data centers in Myanmar is extremely challenging. You have to meet power requirements as well as efficiency targets. We wanted a supplier that we could depend on both in terms of quality and technical ability. Therefore, we chose Delta." The Campana Group's submarine cable project in Myanmar, with Singapore as the Internet hub, will connect submarine cable network to cable landing stations to meet the rapidly growing demands for online activities in Myanmar.
"It's a pleasure to partner with Campana, who aims to empower digitalization in Southeast Asia, and together we have reached such satisfactory results. Delta's prefabricated data center infrastructure solutions not only enable fast deployment and construction as demanded, but also come with high reliability and integration to fit the full range of application environments present in the edge computing field. Moreover, we assist customers' in penetrating more network connectivity service markets," Dr. Charles Tsai, general manager of Delta's Mission Critical Infrastructure Solutions Business Unit, added. To learn more about Delta's offerings for Campana data center, visit http://www.deltapowersolutions.com/en/mcis/success-story-deltas-containerized-data-center-solutions-support-campanas-submarine-cable-landing-station-in-myanmar.php
Delta has been offering similar data center product services since 2007. It also has the first containerized data center production facility in mainland China with hundreds of customized and standard products sold to customers in Australia, Southeast Asia as well as other areas around the world.
*Media Contact:*
Corporate Communications
Thomas Chang, Senior Manager
Tel: 886-2-8797-2088 Ext: 5511
Mobile: +886-955-217-311
E-mail: thomas.chang@deltaww.com Reported by PR Newswire Asia 1 hour ago.
↧
↧
KPMG Asia Pacific announces record results and a new regional strategy to enhance trust and drive growth, with plans for significant investment in talent and technology
-- The KPMG Asia Pacific Board has committed to invest over USD1bn in the next four years to further develop and deliver innovative solutions to clients across the region.
-- Asia Pacific will be an innovation hub for KPMG globally, with specific focus on digital ignition centres, platform solutions, cyber security and cloud services.
-- KPMG Asia Pacific will hire over 25,000 professionals to support client's navigating through and succeeding in an increasingly complex environment of disruption, transformation and regulatory changes.
HONG KONG, Dec. 20, 2018 /PRNewswire/ -- KPMG Asia Pacific is pleased to announce record results for FY18 and plans for significant regional investment in talent and technology, as well as enhanced collaboration in the region.
Honson To, Chairman of KPMG's Asia Pacific region and Co-Chairman of KPMG China, said: "We have just announced record results in FY18 for KPMG Globally and in particular for Asia Pacific, achieving the fastest growth rates, delivering USD4.9bn revenues and reflecting the strength and importance of our multi-disciplinary Firm. We have also seen a 4^th year of double digit advisory growth in Asia Pacific. To build on this momentum, we are today announcing our new regional strategy predicated on trust and growth with our ambition to double in size over the next five years. We have committed to collectively invest over USD1bn in a multi-year investment program to further develop holistic and tailored solutions for our clients and also co-create with our clients and strategic alliance partners through our new innovation hubs, ignition centres and other centres of excellence across the region."
As the fastest growing region, KPMG Asia Pacific is also looking to expand its footprint across all 20 countries and jurisdictions where it operates. This includes plans to create over 25,000 diversely skilled professional roles over the next four years, in line with the Firm's workforce of the future strategy, focused on broadening capability to include STEM skills and developing the next generation of cyber, cloud and regulatory change experts, solution architects and digital transformation specialists.
Honson To added: "This is a very exciting time for our Firm and I am optimistic about the future. We plan to create more jobs, and invest more money in innovation and solution development than at any other point in our history. The scale and pace of this investment is critical to support the changing needs and complexities facing our clients with a number of them expanding their global capabilities and footprint, particularly our Regional Brand Defining clients."
"KPMG globally is increasingly looking to this region to act as a growth engine for innovation. Our alliances with key technology partners, as well as our own investments in digital solutions, are designed to help our clients seize the opportunity of cloud based solutions to drive efficiency and service improvements and to support international businesses into the region. We are developing innovative and transformational solutions ranging from Cyber Security and Blockchain solutions, digital tax compliance solutions, as well as significant investment in our Audit platform, Clara, to help enhance audit quality. Our recently opened Digital Ignition Centres in Singapore and Japan, as well as established centres in Australia and China, offer clients the chance to use leading edge technology and explore how it can reshape their business, a great example of our investment plan delivering benefits to clients in the region."
"We will also continue to invest significantly to enhance quality and public trust to ensure that business in the region can be conducted with confidence and assurance," added To.
KPMG has recently launched its inaugural Global Inclusion & Diversity Report to further emphasize focus on creating a truly inclusive and diverse culture as a strategic priority. Key highlights for Asia Pacific include an increase in the number of female partners to 23%, as well as women representing 54% of new hires and 52% of the total workforce.
"The Firm's refreshed Asia Pacific strategy is closely aligned with the global collective strategy and centred on greater regional collaboration and integration, delivered through our new corporate structure and co-operation agreement. This growth and investment is not only great news for KPMG and the people we will hire, it will also play a major role in helping our region reach its economic potential on the global stage," concluded To.
For more information and to read the report, please visit www.kpmg.com/globalreview
*About KPMG International*
KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. We operate in 154 countries and territories and have 200,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.For media enquiries, please contact: Brian Bannister, Global Head of Communications, KPMG International Reported by PR Newswire Asia 1 hour ago.
-- Asia Pacific will be an innovation hub for KPMG globally, with specific focus on digital ignition centres, platform solutions, cyber security and cloud services.
-- KPMG Asia Pacific will hire over 25,000 professionals to support client's navigating through and succeeding in an increasingly complex environment of disruption, transformation and regulatory changes.
HONG KONG, Dec. 20, 2018 /PRNewswire/ -- KPMG Asia Pacific is pleased to announce record results for FY18 and plans for significant regional investment in talent and technology, as well as enhanced collaboration in the region.
Honson To, Chairman of KPMG's Asia Pacific region and Co-Chairman of KPMG China, said: "We have just announced record results in FY18 for KPMG Globally and in particular for Asia Pacific, achieving the fastest growth rates, delivering USD4.9bn revenues and reflecting the strength and importance of our multi-disciplinary Firm. We have also seen a 4^th year of double digit advisory growth in Asia Pacific. To build on this momentum, we are today announcing our new regional strategy predicated on trust and growth with our ambition to double in size over the next five years. We have committed to collectively invest over USD1bn in a multi-year investment program to further develop holistic and tailored solutions for our clients and also co-create with our clients and strategic alliance partners through our new innovation hubs, ignition centres and other centres of excellence across the region."
As the fastest growing region, KPMG Asia Pacific is also looking to expand its footprint across all 20 countries and jurisdictions where it operates. This includes plans to create over 25,000 diversely skilled professional roles over the next four years, in line with the Firm's workforce of the future strategy, focused on broadening capability to include STEM skills and developing the next generation of cyber, cloud and regulatory change experts, solution architects and digital transformation specialists.
Honson To added: "This is a very exciting time for our Firm and I am optimistic about the future. We plan to create more jobs, and invest more money in innovation and solution development than at any other point in our history. The scale and pace of this investment is critical to support the changing needs and complexities facing our clients with a number of them expanding their global capabilities and footprint, particularly our Regional Brand Defining clients."
"KPMG globally is increasingly looking to this region to act as a growth engine for innovation. Our alliances with key technology partners, as well as our own investments in digital solutions, are designed to help our clients seize the opportunity of cloud based solutions to drive efficiency and service improvements and to support international businesses into the region. We are developing innovative and transformational solutions ranging from Cyber Security and Blockchain solutions, digital tax compliance solutions, as well as significant investment in our Audit platform, Clara, to help enhance audit quality. Our recently opened Digital Ignition Centres in Singapore and Japan, as well as established centres in Australia and China, offer clients the chance to use leading edge technology and explore how it can reshape their business, a great example of our investment plan delivering benefits to clients in the region."
"We will also continue to invest significantly to enhance quality and public trust to ensure that business in the region can be conducted with confidence and assurance," added To.
KPMG has recently launched its inaugural Global Inclusion & Diversity Report to further emphasize focus on creating a truly inclusive and diverse culture as a strategic priority. Key highlights for Asia Pacific include an increase in the number of female partners to 23%, as well as women representing 54% of new hires and 52% of the total workforce.
"The Firm's refreshed Asia Pacific strategy is closely aligned with the global collective strategy and centred on greater regional collaboration and integration, delivered through our new corporate structure and co-operation agreement. This growth and investment is not only great news for KPMG and the people we will hire, it will also play a major role in helping our region reach its economic potential on the global stage," concluded To.
For more information and to read the report, please visit www.kpmg.com/globalreview
*About KPMG International*
KPMG is a global network of professional services firms providing Audit, Tax and Advisory services. We operate in 154 countries and territories and have 200,000 people working in member firms around the world. The independent member firms of the KPMG network are affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. Each KPMG firm is a legally distinct and separate entity and describes itself as such.For media enquiries, please contact: Brian Bannister, Global Head of Communications, KPMG International Reported by PR Newswire Asia 1 hour ago.
↧
ICC Test Rankings: Virat Kohli remains number 1, extends lead over Kane Williamson
Indian skipper Virat Kohli has retained the top spot in the ICC Test Player rankings, accumulating 934 points on the back of a stellar 123 against Australia in the second Test at Perth.
Reported by Zee News 52 minutes ago.
↧
Cricket-Vodafone uses Smith's ball-tampering shame in advertisement
Disgraced former Australia captain Steve Smith has tied up with the local arm of Britain's Vodafone Group in an advertising campaign that leverages the nation's ball-tampering shame for marketing purposes.
Reported by Reuters India 22 minutes ago.
↧
Aussie world T20 win driving Sydney Thunder's Nicola Carey
Inspired by being part of Australia's Twenty20 World Cup winning squad, Sydney Thunder bowler Nicola Carey now wants to force her way into the Australian side.
Reported by Brisbane Times 33 minutes ago.
↧
↧
RECORDATI AND HELSINN AGREEMENT FOR THE EXCLUSIVE COMMERCIALIZATION RIGHTS TO LEDAGA®
*RECORDATI AND HELSINN AGREEMENT FOR THE EXCLUSIVE COMMERCIALIZATION RIGHTS TO LEDAGA*^*®*
*Milan and Lugano, December 20, 2018 –* Recordati and Helsinn announce the signing of a license agreement between Orphan Europe, a Recordati group company dedicated to providing treatment for patients with unmet medical needs suffering from rare diseases, and Helsinn, a Swiss pharmaceutical group focused on building quality cancer care products, granting Orphan Europe exclusive rights to Ledaga® worldwide, excluding the United States, China, Hong Kong and Israel. The product has been granted Orphan Drug Designation in Europe and is approved by the European Commission subject to post approval commitments. Under the terms of the license agreement Orphan Europe will obtain the rights to market, promote and distribute Ledaga® in the designated territories and Helsinn will retain the rights to all international development, including clinical development, regulatory activities in the EU, and the supply of Ledaga® for commercial use.
Ledaga® (chlormethine hydrochloride) is a novel gel formulation, applied once a day, indicated for the topical treatment of mycosis fungoides-type cutaneous T-cell lymphoma (MF-CTCL), a rare disease characterized by the abnormal accumulation of malignant T-cells in the skin. MF-CTCL is the most common type of cutaneous lymphoma and first presents as patches and plaques on the skin. It is difficult to diagnose, particularly in the early stages as many of its features are non-specific. Chlormethine is an alkylating agent that inhibits quickly proliferating cells and Ledaga® is recognized to have a good efficacy profile with a confirmed treatment response achieved in 76.7% of the efficacy evaluable population in the pivotal trial (Lessin S.R. et al JAMA Dermatol. 2013; 149(1): 25-32).
*Riccardo Braglia, Helsinn Group Vice Chairman and CEO, said:* “Mycosis fungoides-type cutaneous T‐cell lymphoma is a disease which has a significant impact on quality of life. Helsinn is committed to solutions to treat and improve the symptoms of cancer, and we are pleased to initiate this collaboration with Orphan Europe, a trusted and highly reputable partner, to further the reach of Ledaga^® to patients in need.”
*Andrea Recordati, Recordati group CEO, said*: “We are very pleased with the addition of this innovative treatment for MF-CTCL to our rare disease portfolio. The treatment of this rare disease still represents an unmet medical need as existing treatments have either limited efficacy or are non-approved, non-reimbursed cumbersome pharmacy compounded
formulations. Ledaga® has the potential to become a very important product and to significantly strengthen our rare disease portfolio globally. Launches are expected to start in the short term in the EU and, following, in the rest of our territories.”
*About Ledaga®*
Ledaga® gel is an alkylating drug indicated for the topical treatment of MF-CTCL in adult patients. Ledaga® is a gel which is applied topically once a day. The drug has been approved by the European Commission (for MF-CTCL patients in all stages) and received Orphan Drug Designation. It will be commercially available upon completion of Post Authorisation Measures. In France it is provided through an “Autorisation Temporaire d’Utilisation (ATU) de cohort” since 2014.
For additional information please see the EU Summary of Product Characteristics.
*About the Helsinn Group*
Helsinn is a privately owned pharmaceutical group with an extensive portfolio of marketed cancer care products and a robust drug development pipeline. Since 1976, Helsinn has been improving the everyday lives of patients, guided by core family values of respect, integrity and quality. The Group works across pharmaceuticals, biotechnology, medical devices and nutritional supplements and has expertise in research, development, manufacture and the commercialization of therapeutic and supportive care products for cancer, pain and inflammation and gastroenterology. In 2016, Helsinn created the Helsinn Investment Fund to support early-stage investment opportunities in areas of unmet patient need. The company is headquartered in Lugano, Switzerland, with operating subsidiaries in Switzerland, Ireland, the U.S., Monaco and China, as well as a product presence in approximately 190 countries globally.
To learn more about Helsinn Group please visit www.helsinn.com
*About the Recordati group*
Recordati, established in 1926, is an international pharmaceutical group, listed on the Italian Stock Exchange (Reuters RECI.MI, Bloomberg REC IM, ISIN IT 0003828271), with a total staff of more than 4,100, dedicated to the research, development, manufacturing and marketing of pharmaceuticals. Headquartered in Milan, Italy, Recordati has operations throughout the whole of Europe, including Russia, Turkey, North Africa, the United States of America, Canada, Mexico, some South American countries, Japan and Australia. An efficient field force of medical representatives promotes a wide range of innovative pharmaceuticals,
both proprietary and under license, in a number of therapeutic areas including a specialized business dedicated to treatments for rare diseases. Recordati is a partner of choice for new product licenses for its territories. Recordati is committed to the research and development of new specialties with a focus on treatments for rare diseases. Consolidated revenue for 2017 was € 1,288.1 million, operating income was € 406.5 million and net income was € 288.8 million.
*For more information**:*
*Helsinn Group*
Paola Bonvicini
Group Head of Communication
Lugano, Switzerland
Tel: +41 (0) 91 985 21 21
Info-hhc@helsinn.com
For more information, please visit www.helsinn.com and follow us on Twitter, LinkedIn and Vimeo
*Recordati*
Investor Relations Media Relations
Marianne Tatschke Studio Noris Morano
(39)0248787393 (39)0276004736, (39)0276004745
e-mail: investorelations@recordati.it e-mail: norismorano@studionorismorano.com Reported by GlobeNewswire 35 minutes ago.
*Milan and Lugano, December 20, 2018 –* Recordati and Helsinn announce the signing of a license agreement between Orphan Europe, a Recordati group company dedicated to providing treatment for patients with unmet medical needs suffering from rare diseases, and Helsinn, a Swiss pharmaceutical group focused on building quality cancer care products, granting Orphan Europe exclusive rights to Ledaga® worldwide, excluding the United States, China, Hong Kong and Israel. The product has been granted Orphan Drug Designation in Europe and is approved by the European Commission subject to post approval commitments. Under the terms of the license agreement Orphan Europe will obtain the rights to market, promote and distribute Ledaga® in the designated territories and Helsinn will retain the rights to all international development, including clinical development, regulatory activities in the EU, and the supply of Ledaga® for commercial use.
Ledaga® (chlormethine hydrochloride) is a novel gel formulation, applied once a day, indicated for the topical treatment of mycosis fungoides-type cutaneous T-cell lymphoma (MF-CTCL), a rare disease characterized by the abnormal accumulation of malignant T-cells in the skin. MF-CTCL is the most common type of cutaneous lymphoma and first presents as patches and plaques on the skin. It is difficult to diagnose, particularly in the early stages as many of its features are non-specific. Chlormethine is an alkylating agent that inhibits quickly proliferating cells and Ledaga® is recognized to have a good efficacy profile with a confirmed treatment response achieved in 76.7% of the efficacy evaluable population in the pivotal trial (Lessin S.R. et al JAMA Dermatol. 2013; 149(1): 25-32).
*Riccardo Braglia, Helsinn Group Vice Chairman and CEO, said:* “Mycosis fungoides-type cutaneous T‐cell lymphoma is a disease which has a significant impact on quality of life. Helsinn is committed to solutions to treat and improve the symptoms of cancer, and we are pleased to initiate this collaboration with Orphan Europe, a trusted and highly reputable partner, to further the reach of Ledaga^® to patients in need.”
*Andrea Recordati, Recordati group CEO, said*: “We are very pleased with the addition of this innovative treatment for MF-CTCL to our rare disease portfolio. The treatment of this rare disease still represents an unmet medical need as existing treatments have either limited efficacy or are non-approved, non-reimbursed cumbersome pharmacy compounded
formulations. Ledaga® has the potential to become a very important product and to significantly strengthen our rare disease portfolio globally. Launches are expected to start in the short term in the EU and, following, in the rest of our territories.”
*About Ledaga®*
Ledaga® gel is an alkylating drug indicated for the topical treatment of MF-CTCL in adult patients. Ledaga® is a gel which is applied topically once a day. The drug has been approved by the European Commission (for MF-CTCL patients in all stages) and received Orphan Drug Designation. It will be commercially available upon completion of Post Authorisation Measures. In France it is provided through an “Autorisation Temporaire d’Utilisation (ATU) de cohort” since 2014.
For additional information please see the EU Summary of Product Characteristics.
*About the Helsinn Group*
Helsinn is a privately owned pharmaceutical group with an extensive portfolio of marketed cancer care products and a robust drug development pipeline. Since 1976, Helsinn has been improving the everyday lives of patients, guided by core family values of respect, integrity and quality. The Group works across pharmaceuticals, biotechnology, medical devices and nutritional supplements and has expertise in research, development, manufacture and the commercialization of therapeutic and supportive care products for cancer, pain and inflammation and gastroenterology. In 2016, Helsinn created the Helsinn Investment Fund to support early-stage investment opportunities in areas of unmet patient need. The company is headquartered in Lugano, Switzerland, with operating subsidiaries in Switzerland, Ireland, the U.S., Monaco and China, as well as a product presence in approximately 190 countries globally.
To learn more about Helsinn Group please visit www.helsinn.com
*About the Recordati group*
Recordati, established in 1926, is an international pharmaceutical group, listed on the Italian Stock Exchange (Reuters RECI.MI, Bloomberg REC IM, ISIN IT 0003828271), with a total staff of more than 4,100, dedicated to the research, development, manufacturing and marketing of pharmaceuticals. Headquartered in Milan, Italy, Recordati has operations throughout the whole of Europe, including Russia, Turkey, North Africa, the United States of America, Canada, Mexico, some South American countries, Japan and Australia. An efficient field force of medical representatives promotes a wide range of innovative pharmaceuticals,
both proprietary and under license, in a number of therapeutic areas including a specialized business dedicated to treatments for rare diseases. Recordati is a partner of choice for new product licenses for its territories. Recordati is committed to the research and development of new specialties with a focus on treatments for rare diseases. Consolidated revenue for 2017 was € 1,288.1 million, operating income was € 406.5 million and net income was € 288.8 million.
*For more information**:*
*Helsinn Group*
Paola Bonvicini
Group Head of Communication
Lugano, Switzerland
Tel: +41 (0) 91 985 21 21
Info-hhc@helsinn.com
For more information, please visit www.helsinn.com and follow us on Twitter, LinkedIn and Vimeo
*Recordati*
Investor Relations Media Relations
Marianne Tatschke Studio Noris Morano
(39)0248787393 (39)0276004736, (39)0276004745
e-mail: investorelations@recordati.it e-mail: norismorano@studionorismorano.com Reported by GlobeNewswire 35 minutes ago.
↧
HashCash Collaborates With Australian Researchers to Make Ocean Conservation Affordable
HashCash Consultants will be working to provide blockchain-powered supply chain management system to enterprises for low-cost sharing of logistics to gauge the environmental damage caused by them to the marine ecosystem.
SAN FRANCISCO (PRWEB) December 20, 2018
Australia's government has recognized the dire need to save its swiftly deteriorating national treasure – the Great Barrier Reef - and is investing 377 million US dollars to preservation efforts. However, to make the most out of this allotted budget, researchers are working with software development companies to come up with innovative methods to make conservation efforts more affordable. California-based blockchain company HashCash Consultants has been named as one of the enterprises actively participating in the endeavor.
Causes of Depletion of the Great Barrier Reef
The Great Barrier Reef, which is not only an iconic feature representing Australia, but a major source of income to the region as well, is struggling for survival. The source of $4.8 billion to the national economy and 64,000 jobs, the coral reef is visibly bleaching due to warmer oceans. The frequency of the bleaching is closely spaced, with two instances recorded in the past two years. It is also deteriorating in the face of storm-causing climate change, and is being devoured by ocean creatures such as coral-eating starfish.
According to a study published in Nature, 29% of the 3,863 reefs in the giant ecosystem has already collapsed as a result of the ongoing die-off.
Blockchain can Help Improve Rescue Efforts
The biggest obstacles when it comes to saving the environment are the lack of education or knowledge regarding the issue. Researches and its results are confined to certain institutions and geographic areas due to IT regulations that vary across geographies. However, distributed ledger technology has made distribution and proliferation of information much easier than before, and can be used to fill biodiversity data gaps in the information pool, and enable the development of reliable open access databases. Blockchain technology can be utilized to create a database of detailed information gleaned from monitoring and surveillance of difficult to access marine areas.
HashCash Consultants Extends its Expertise to the Preservation Efforts
The blockchain company will specifically team up with fisheries, canning centers, and distribution companies to create a blockchain powered supply chain management system. The idea is to record and track the amount and quality of marine-life captured, processed, sold, and wasted in specific periods of time. The very task of sharing details of logistics across various channels tends to get expensive and time-consuming, often acting as a deterrent for companies to participate in such drives. Supply chain management on a blockchain network, therefore, makes the process of data sharing far more affordable, efficient, and hassle-free.
The blockchain infrastructure provided by HashCash will run on HC NET, and participation in the blockchain network will also open up opportunities for enterprises to own and trade native digital assets which too will be created by the HashCash team.
The blockchain network from the experts will enable the sharing of details of logistics as it pertains to the environmental conservation efforts across numerous nodes, regardless of the geographic distance separating the institutions and facilities. HC NET, the blockchain network by HashCash Consultants, validates and stores every transaction executed within it using a computer protocol called smart contracts. Every time a transaction is recorded the ledger is updated in real-time across all nodes. This ledger is immutable and serves as a reliable source for audit and research in future.
Raj Chowdhury, MD of HashCash Consultants, shed light on another service provided by the company, “HashCash Consultants will manage the ICO of enterprises willing to become a part of the blockchain network. This is an incredibly popular route taken by companies to raise funds. This is expected to motivate the willingness of entrepreneurs to enter any industry related to marine life, especially the coral reef, with an intent to be a part of the conservation team from the get-go.”
About HashCash Consultants
HashCash Consultants started as a Blockchain Consulting Company in California. Today, HashCash products enable enterprises to move assets and settle payments across borders in real-time using HashCash Blockchain network, HC NET. Financial Institutions use HC NET for Retail Remittances, Corporate Payments, Trade Finance, and Payment Processing. HashCash also runs the US based cryptocurrency exchange, PayBito and the leading Cryptocurrency payment processor, BillBitcoins. HashCash offers cryptocurrency exchange and payment processor white label solutions, comprehensive ICO services and customized use case design and development. HashCash propels advancement in the field of blockchain through the Blockchain1o1 program and its investment arm Satoshi Angels. Reported by PRWeb 26 minutes ago.
SAN FRANCISCO (PRWEB) December 20, 2018
Australia's government has recognized the dire need to save its swiftly deteriorating national treasure – the Great Barrier Reef - and is investing 377 million US dollars to preservation efforts. However, to make the most out of this allotted budget, researchers are working with software development companies to come up with innovative methods to make conservation efforts more affordable. California-based blockchain company HashCash Consultants has been named as one of the enterprises actively participating in the endeavor.
Causes of Depletion of the Great Barrier Reef
The Great Barrier Reef, which is not only an iconic feature representing Australia, but a major source of income to the region as well, is struggling for survival. The source of $4.8 billion to the national economy and 64,000 jobs, the coral reef is visibly bleaching due to warmer oceans. The frequency of the bleaching is closely spaced, with two instances recorded in the past two years. It is also deteriorating in the face of storm-causing climate change, and is being devoured by ocean creatures such as coral-eating starfish.
According to a study published in Nature, 29% of the 3,863 reefs in the giant ecosystem has already collapsed as a result of the ongoing die-off.
Blockchain can Help Improve Rescue Efforts
The biggest obstacles when it comes to saving the environment are the lack of education or knowledge regarding the issue. Researches and its results are confined to certain institutions and geographic areas due to IT regulations that vary across geographies. However, distributed ledger technology has made distribution and proliferation of information much easier than before, and can be used to fill biodiversity data gaps in the information pool, and enable the development of reliable open access databases. Blockchain technology can be utilized to create a database of detailed information gleaned from monitoring and surveillance of difficult to access marine areas.
HashCash Consultants Extends its Expertise to the Preservation Efforts
The blockchain company will specifically team up with fisheries, canning centers, and distribution companies to create a blockchain powered supply chain management system. The idea is to record and track the amount and quality of marine-life captured, processed, sold, and wasted in specific periods of time. The very task of sharing details of logistics across various channels tends to get expensive and time-consuming, often acting as a deterrent for companies to participate in such drives. Supply chain management on a blockchain network, therefore, makes the process of data sharing far more affordable, efficient, and hassle-free.
The blockchain infrastructure provided by HashCash will run on HC NET, and participation in the blockchain network will also open up opportunities for enterprises to own and trade native digital assets which too will be created by the HashCash team.
The blockchain network from the experts will enable the sharing of details of logistics as it pertains to the environmental conservation efforts across numerous nodes, regardless of the geographic distance separating the institutions and facilities. HC NET, the blockchain network by HashCash Consultants, validates and stores every transaction executed within it using a computer protocol called smart contracts. Every time a transaction is recorded the ledger is updated in real-time across all nodes. This ledger is immutable and serves as a reliable source for audit and research in future.
Raj Chowdhury, MD of HashCash Consultants, shed light on another service provided by the company, “HashCash Consultants will manage the ICO of enterprises willing to become a part of the blockchain network. This is an incredibly popular route taken by companies to raise funds. This is expected to motivate the willingness of entrepreneurs to enter any industry related to marine life, especially the coral reef, with an intent to be a part of the conservation team from the get-go.”
About HashCash Consultants
HashCash Consultants started as a Blockchain Consulting Company in California. Today, HashCash products enable enterprises to move assets and settle payments across borders in real-time using HashCash Blockchain network, HC NET. Financial Institutions use HC NET for Retail Remittances, Corporate Payments, Trade Finance, and Payment Processing. HashCash also runs the US based cryptocurrency exchange, PayBito and the leading Cryptocurrency payment processor, BillBitcoins. HashCash offers cryptocurrency exchange and payment processor white label solutions, comprehensive ICO services and customized use case design and development. HashCash propels advancement in the field of blockchain through the Blockchain1o1 program and its investment arm Satoshi Angels. Reported by PRWeb 26 minutes ago.
↧
Statement Regarding Euronext Delisting
THE INFORMATION CONTAINED HEREIN IS NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION IN OR INTO AUSTRALIA, CANADA, ITALY, DENMARK, JAPAN, THE UNITED STATES, OR TO ANY NATIONAL OF SUCH JURISDICTIONS
*NB PRIVATE EQUITY PARTNERS: STATEMENT REGARDING EURONEXT DELISTING*
20 December 2018
As detailed in the announcement released on 21 November 2018, NB Private Equity Partners Limited ("NBPE" or "the Company") decided to consolidate its listing on the Premium Segment of the Main Market of the London Stock Exchange and applied to delist from Euronext Amsterdam. Further to this, the Company can confirm that it ceased to be listed on Euronext Amsterdam effective 9:00 a.m. on 20 December 2018. As a result of this delisting, the Company will notify the Financial Conduct Authority of the change of its home member state from the Netherlands to the United Kingdom.
The Company is confident that this consolidation will result in reduced administrative and legal costs and will greatly simplify the continuing operation of the Company.
Subsequent to the delisting from Euronext Amsterdam, shareholders who obtained their shares through Euronext Amsterdam will continue to be able to trade these shares on the London Stock Exchange. NBPE’s USD quote on the London Stock Exchange trades under the ticker “NBPU”.
*For further information, please contact:*
*NBPE Investor Relations +1 214 647 9593*
* *
*Kaso Legg Communications +44 (0)20 3137 7823*
Charles Gorman nbpe@kl-communications.com
*ABOUT NB PRIVATE EQUITY PARTNERS LIMITED*
NBPE is a closed-end private equity investment company with class A ordinary shares admitted to trading on the Premium Segment of the Main Market of the London Stock Exchange. NBPE has 2022 and 2024 ZDP Shares admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange. NBPE holds a diversified portfolio of direct equity investments, direct income investments and fund investments selected by the NB Alternatives group of Neuberger Berman, diversified across private equity asset class, geography, industry, vintage year, and sponsor.
LEI number: 213800UJH93NH8IOFQ77
*ABOUT NEUBERGER BERMAN*
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 20 countries, Neuberger Berman’s team is more than 2,000 professionals. For four consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $315 billion in client assets as of September 30, 2018. For more information, please visit our website at www.nb.com.
This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.
NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. NBPE is registered with the Dutch Authority for the Financial Markets as a collective investment scheme which may offer participations in The Netherlands pursuant to article 2:66 of the Financial Markets Supervision Act (Wet op het financial toezicht). All investments are subject to risk. Past performance is no guarantee of future returns. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE's investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains "forward-looking statements." Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements. Reported by GlobeNewswire 14 minutes ago.
*NB PRIVATE EQUITY PARTNERS: STATEMENT REGARDING EURONEXT DELISTING*
20 December 2018
As detailed in the announcement released on 21 November 2018, NB Private Equity Partners Limited ("NBPE" or "the Company") decided to consolidate its listing on the Premium Segment of the Main Market of the London Stock Exchange and applied to delist from Euronext Amsterdam. Further to this, the Company can confirm that it ceased to be listed on Euronext Amsterdam effective 9:00 a.m. on 20 December 2018. As a result of this delisting, the Company will notify the Financial Conduct Authority of the change of its home member state from the Netherlands to the United Kingdom.
The Company is confident that this consolidation will result in reduced administrative and legal costs and will greatly simplify the continuing operation of the Company.
Subsequent to the delisting from Euronext Amsterdam, shareholders who obtained their shares through Euronext Amsterdam will continue to be able to trade these shares on the London Stock Exchange. NBPE’s USD quote on the London Stock Exchange trades under the ticker “NBPU”.
*For further information, please contact:*
*NBPE Investor Relations +1 214 647 9593*
* *
*Kaso Legg Communications +44 (0)20 3137 7823*
Charles Gorman nbpe@kl-communications.com
*ABOUT NB PRIVATE EQUITY PARTNERS LIMITED*
NBPE is a closed-end private equity investment company with class A ordinary shares admitted to trading on the Premium Segment of the Main Market of the London Stock Exchange. NBPE has 2022 and 2024 ZDP Shares admitted to trading on the Specialist Fund Segment of the Main Market of the London Stock Exchange. NBPE holds a diversified portfolio of direct equity investments, direct income investments and fund investments selected by the NB Alternatives group of Neuberger Berman, diversified across private equity asset class, geography, industry, vintage year, and sponsor.
LEI number: 213800UJH93NH8IOFQ77
*ABOUT NEUBERGER BERMAN*
Neuberger Berman, founded in 1939, is a private, independent, employee-owned investment manager. The firm manages a range of strategies—including equity, fixed income, quantitative and multi-asset class, private equity and hedge funds—on behalf of institutions, advisors and individual investors globally. With offices in 20 countries, Neuberger Berman’s team is more than 2,000 professionals. For four consecutive years, the company has been named first or second in Pensions & Investments Best Places to Work in Money Management survey (among those with 1,000 employees or more). Tenured, stable and long-term in focus, the firm fosters an investment culture of fundamental research and independent thinking. It manages $315 billion in client assets as of September 30, 2018. For more information, please visit our website at www.nb.com.
This press release appears as a matter of record only and does not constitute an offer to sell or a solicitation of an offer to purchase any security.
NBPE is established as a closed-end investment company domiciled in Guernsey. NBPE has received the necessary consent of the Guernsey Financial Services Commission and the States of Guernsey Policy Council. NBPE is registered with the Dutch Authority for the Financial Markets as a collective investment scheme which may offer participations in The Netherlands pursuant to article 2:66 of the Financial Markets Supervision Act (Wet op het financial toezicht). All investments are subject to risk. Past performance is no guarantee of future returns. The value of investments may fluctuate. Results achieved in the past are no guarantee of future results. This document is not intended to constitute legal, tax or accounting advice or investment recommendations. Prospective investors are advised to seek expert legal, financial, tax and other professional advice before making any investment decision. Statements contained in this document that are not historical facts are based on current expectations, estimates, projections, opinions and beliefs of NBPE's investment manager. Such statements involve known and unknown risks, uncertainties and other factors, and undue reliance should not be placed thereon. Additionally, this document contains "forward-looking statements." Actual events or results or the actual performance of NBPE may differ materially from those reflected or contemplated in such targets or forward-looking statements. Reported by GlobeNewswire 14 minutes ago.
↧
More Pages to Explore .....
