SGH secures USD 200Mln strategic investment from SK Telecom

(L to R) Ryu Young-sang, CEO of SKT, and Mark Adams, CEO of SGH, announce that SK Telecom, an affiliate of SK Group, is making a $200 million preferred equity investment in SGH (SMART Global Holdings) to enhance SGH’s capabilities in AI and to innovate and execute on strategic collaborative opportunities.

SMART Global Holdings, Inc. (“SGH”), a leading designer and developer of high-performance, high-availability enterprise solutions, recently announced that SK Telecom (“SKT”) , an affiliate of SK Group, is making a $200 million preferred equity investment in SGH. SGH plans to use the capital from SKT’s investment to enhance SGH’s capabilities and add to the Company’s […]

KJTS Group Berhad collaborates with Hong Leong Investment Bank

Executive Director of KJTS Group, Mr. Sheldon Wee; Group Managing Director and Chief Executive Officer of Hong Leong Investment Bank Berhad, Ms. Lee Jim Leng; Managing Director of KJTS Group, Mr. Lee Kok Choon [L-R

KJTS Group Berhad and its subsidiaries (collectively referred to as the “KJTS Group”), a building support services provider in Malaysia, Thailand and Singapore, announce the signing of the underwriting agreement with Hong Leong Investment Bank Berhad (“HLIB”) for its upcoming initial public offering (“IPO”) on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”). […]

Hithium inks agreement with FlexGen

Hithium inks agreement with FlexGen

Hithium, a stationary battery manufacturer, has signed its first business collaboration agreement with FlexGen. Both companies agreed on purchasing targets for the next three years. North Carolina-based FlexGen will support the procurement of 10GWh battery capacity from Hithium through project efforts or indirectly through partners leveraging its energy management system (EMS), HybridOS software and controls. The purpose […]

Powering Towards Sustainability: Thailand’s Renewable Energy Revolution

Powering Towards Sustainability: Thailand's Renewable Energy Revolution

Thailand’s renewable energy revolution is helping the country move closer to a sustainable future. As the urgent need to move away from fossil fuels becomes more widely acknowledged, Thailand has embraced renewable energy sources like solar and wind power to fulfil its rising energy needs. It used to rely significantly on imported fossil fuels to […]

The Better Bet: Edtech or Cybersecurity

edtech or cybersecurity

Several market reports suggest that the global edtech market will grow from USD 133 billion in 2023 to USD 433.17 billion by 2030. The edtech market is currently plagued by a combination of factors including plunging valuations, concerns about profit and revenue among the investors, lack of funding, reopening of the schools and colleges in […]

CRI completes USD 30Mln financing round with new investors

CRI completes 30 M.USD financing round with new investors

Carbon Recycling International (CRI) announced the closing of a 30-million-dollar equity investment round that was announced at the company’s annual general meeting last year. Equinor Ventures is leading a group of new investors joining CRI’s shareholder group. Along with Equinor Ventures Gildi, Sjóvá and Lífeyrissjóður Vestmannaeyja have also participated in the investment round.  Equinor Ventures is Equinor’s corporate […]

PUMA names Shirley Li as General Manager China

Shirley Li as General Manager China. PUMA

Sports company PUMA has appointed Shirley Li as its new General Manager in China as part of the company’s strategy to strengthen its business in this important market. Shirley, a native Chinese who joined PUMA in early 2023 as Commercial Director, has more than 20 years of industry experience and gained a deep understanding of […]

Appen names Fab Dolan as Chief Marketing Officer

Fab Dolan as Chief Marketing Officer, Appen

Appen Limited, a global leader in providing data services for deep learning and generative artificial intelligence (AI) systems, today announced the appointment of Fab Dolan as Chief Marketing Officer (CMO), effective 12 June 2023. Fab joins Appen with over 15 years of experience building iconic global brands such as Android, Google, YouTube, and Cheerios. In […]

UniCredit expands global payments partnership with Mastercard

Michael Miebach, CEO, Mastercard.

UniCredit and Mastercard recently announced a global expansion of their payment partnership. The agreement sets the stage for the start of a strong partnership consistent with the UniCredit Unlocked strategy. This is the first time any large commercial bank has put in place a single card multi market strategy of this scale in Europe. It […]

Yieldstreet designates Ted Yarbrough as Chief Investment Officer

Ted Yarbrough, Chief Investment Officer, Yieldstreet

Yieldstreet, a leading private market investing platform, recently announced the appointment of Ted Yarbrough as its Chief Investment Officer. Yarbrough brings to Yieldstreet nearly three decades of experience at Citigroup and its predecessor companies, holding a variety of leadership roles across the firm’s banking, markets, and lending businesses. During his tenure, he served as Chief […]