City Developments Limited

PropertyGuru Asia Real Estate Summit concludes ninth edition, focusing on 'Powering Communities'

Retrieved on: 
Monday, December 18, 2023

Hari Krishnan, PropertyGuru Group, Chief Executive Officer & Managing Director, delivering the Opening Keynote

Key Points: 
  • Hari Krishnan, PropertyGuru Group, Chief Executive Officer & Managing Director, delivering the Opening Keynote
    ARES Visionary of the Year awardee Ar.
  • This year's theme aligns with PropertyGuru Group's vision to power communities to live, work, and thrive in tomorrow's cities.
  • The first panel discussion of the day was led by Manav Kamboj, Chief Technology Officer and Managing Director, Fintech at PropertyGuru Group.
  • PropertyGuru Asia Real Estate Summit 2023 is supported by official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; official publicity partner Artemis Associates; media partners Bridges, d+a Magazine, Hot Magazine, Manila Bulletin, Powderlife, REm, and Techsauce; and supporting associations IFC ?

BancTrust & Co. Investment Bank Announces Launch of Affiliate in Nigeria

Retrieved on: 
Thursday, October 12, 2023

LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, announced the official launch of a new affiliate office in Lagos, Nigeria.

Key Points: 
  • LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, announced the official launch of a new affiliate office in Lagos, Nigeria.
  • Seun spent 12 years at Renaissance Capital where his last role was as Managing Director & Head of Investment Banking SSA.
  • Before that, he was a Senior Director & Head of the West Africa Investment Banking business, responsible for vision setting and executing the firm's regional investment banking strategy.
  • CEO Carlos Fuenmayor commented, "I am thrilled to announce the expansion of the BancTrust group in Africa.

BancTrust & Co. Investment Bank Announces Launch of Affiliate in Nigeria

Retrieved on: 
Thursday, October 12, 2023

LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, announced the official launch of a new affiliate office in Lagos, Nigeria.

Key Points: 
  • LONDON, Oct. 12, 2023 /PRNewswire/ -- BancTrust & Co. Investment Bank (BancTrust), the London-based Emerging Markets investment bank, announced the official launch of a new affiliate office in Lagos, Nigeria.
  • Seun spent 12 years at Renaissance Capital where his last role was as Managing Director & Head of Investment Banking SSA.
  • Before that, he was a Senior Director & Head of the West Africa Investment Banking business, responsible for vision setting and executing the firm's regional investment banking strategy.
  • CEO Carlos Fuenmayor commented, "I am thrilled to announce the expansion of the BancTrust group in Africa.

Academic Labs Debuts AI and Web3 Open Testing, Allies with NOVALeaf for Global Expansion

Retrieved on: 
Wednesday, August 2, 2023

Building upon this transformative stride, Academic Labs aims to revolutionize the traditional learning paradigms through the integration of Web3 and AI technologies.

Key Points: 
  • Building upon this transformative stride, Academic Labs aims to revolutionize the traditional learning paradigms through the integration of Web3 and AI technologies.
  • At the heart of Academic Labs' innovation is the application of adaptive AI technology, transforming the traditional learning experience into a personalized journey.
  • This partnership represents a bold foray for Academic Labs, extending its reach beyond its Southeast Asian roots and underscoring its global ambitions.
  • Stay tuned for more updates as Academic Labs charts its path to shaping the future of education on a global scale.

Littelfuse Reports First Quarter Results For 2023

Retrieved on: 
Tuesday, May 2, 2023

“The continued resiliency of our business model and the strength of our execution drove strong overall profitability.

Key Points: 
  • “The continued resiliency of our business model and the strength of our execution drove strong overall profitability.
  • During the quarter, we made significant progress integrating our strategy-led acquisitions and securing meaningful new business wins within the global structural themes of sustainability, connectivity, and safety.
  • These items are uncertain, depend on various factors, and could be material to results computed in accordance with GAAP.
  • Littelfuse is not able to forecast the excluded items in order to provide the most directly comparable GAAP financial measure without unreasonable efforts.

Littelfuse Acquires Western Automation Research and Development

Retrieved on: 
Friday, February 3, 2023

Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced it has acquired Western Automation Research and Development Limited (“Western Automation”).

Key Points: 
  • Littelfuse, Inc. (NASDAQ: LFUS), a diversified, industrial technology manufacturing company empowering a sustainable, connected, and safer world, today announced it has acquired Western Automation Research and Development Limited (“Western Automation”).
  • Headquartered in Galway, Ireland, Western Automation is a designer and manufacturer of electrical shock protection devices used across a broad range of high-growth end markets, including e-Mobility off-board charging infrastructure, industrial safety and renewables.
  • View the full release here: https://www.businesswire.com/news/home/20230201006140/en/
    “Western Automation is a leading provider of premium technology solutions for electrical fault detection, with an outstanding reputation for innovation, quality and customer service,” said Peter Kim, Senior Vice President and General Manager, Littelfuse Industrial Business.
  • We are excited to welcome Western Automation associates to the Littelfuse team as we continue to execute on our long-term growth strategy in an increasingly electrified world.”
    Western Automation has annualized sales of around $25 million and will be reported within the company’s Industrial reporting segment.

Novoloop Extends Series A Round To $21M

Retrieved on: 
Thursday, June 2, 2022

MENLO PARK, Calif., June 2, 2022 /PRNewswire/ -- Advanced upcycling startup Novoloop expands its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions. This nearly doubles the company's raise of $11 million announced in February, which sparked additional investor interest.

Key Points: 
  • MENLO PARK, Calif., June 2, 2022 /PRNewswire/ -- Advanced upcycling startup Novoloop expands its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions.
  • "This round brings together mission-driven financial investors and industry strategics who believe in our vision of a circular economy for plastics," said CEO Miranda Wang.
  • "Leading this round was obvious," said Taizo Son, founder of Mistletoe.
  • Novoloop uses its proprietary ATOD technology to make high-performance chemicals and materials from polyethylene, which is the most commonly used yet least recycled plastic.

Hanwha invests $320M in cell and module manufacturing capacity expansions to meet growing solar demand

Retrieved on: 
Thursday, May 12, 2022

Hanwha Solutions will expand its solar module factory in U.S. and cell production facility in Korea, to meet the growing global demand for reliable and sustainable energy.

Key Points: 
  • Hanwha Solutions will expand its solar module factory in U.S. and cell production facility in Korea, to meet the growing global demand for reliable and sustainable energy.
  • Hanwha also aims to boost supply of low-carbon polysilicon toward its solar manufacturing.
  • Hanwha said it will seek to spend $170 million building a 1.4-gigawatt solar module production facility in the US.
  • When the factory expansions are complete next year, overall cell capacity in Korea will be 5.4-gigawatts.

Hanwha pledges commitment to build a fully American solar supply chain

Retrieved on: 
Wednesday, March 23, 2022

It aims to create well-paying jobs for American workers and secure the supply chain for clean energy technology.

Key Points: 
  • It aims to create well-paying jobs for American workers and secure the supply chain for clean energy technology.
  • Once implemented, Hanwha will implement a multi-phase, multi-billion-dollar expansion across the full solar energy supply chain.
  • Combining low-carbon polysilicon with premium solar modules, Hanwha aims to create a comprehensive and fully domestic solar supply chain.
  • "Enacting SEMA is key to fulfilling our pledge to rebuild the U.S. solar supply chain with fully 'Made in America' products," said the Hanwha Solutions spokesperson.

Hanwha Solutions supplies Samsung Electronics with recycled ocean-bound materials for Galaxy devices

Retrieved on: 
Thursday, March 3, 2022

"Expanding them into automotive electronics and textile materials, we are seeking to envision sustainable solutions for the planet."

Key Points: 
  • "Expanding them into automotive electronics and textile materials, we are seeking to envision sustainable solutions for the planet."
  • SEOUL, South Korea, March 3, 2022 /PRNewswire/ -- With mounting calls for marine protection and sustainable planet, Hanwha Solutions joined the foray by working with Samsung Electronics to upcycle discarded fishing nets and incorporate them in Samsung's latest Galaxy devices.
  • The Company's wholly-owned subsidiary Hanwha Compound said it supplied Samsung with eco-conscious materials consisting of recycled polyamide collected from abandoned fishing nets.
  • Hanwha Solutions aims to deliver sustainable solutions for the planet through smart energy solutions and customer-focused materials.