KUALA LUMPUR, April 26 (Bernama) -- Relo Group Inc and talent mobility management firm BGRS have entered into a definitive agreement, where a Relo Group affiliate will acquire BGRS from Brookfield Business Partners.
BGRS is the fourth investment in North America for the group and will expand its global network and service offerings. Leading the global mobility industry with innovative outsourcing and fully integrated solutions, BGRS provides a full spectrum of talent mobility and advisory services to Global Fortune 500 companies. BGRS chief executive officer, Traci Morris, and the management team will remain in place and work with Relo Group to advance the company to its next phase. “BGRS has developed into a world-class talent mobility management firm by always putting the interests of our clients first, constantly innovating and searching for new opportunities to create value for all stakeholders and implementing sustainable operating practices,” said Morris. Based in Tokyo, Japan, Relo Group has over 30 years of history of offering premier relocation services to support the global expansion of Japanese companies. -- BERNAMA
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PUTRAJAYA, April 26 (Bernama) -- YB Minister of Ministry of Domestic Trade and Consumer Affairs, Datuk Seri Saifuddin Nasution Ismail had launched the Malaysia Competition Commission (MyCC) Guidelines on Intellectual Property Rights and Competition Law. The objective of these guidelines is to address the potential issues which arise out of the complex interface between intellectual property rights and competition law. Through these guidelines, competition processes can be protected through the prevention of anti-competitive agreement and abuse of dominant position involving intellectual property rights. "MyCC is always concerned with the benefits of the consumers and the interests of enterprises in Malaysia. We will not allow any party the opportunity to flout competition law by engaging in anti-competitive practices," said Iskandar Ismail, MyCC's Chief Executive Officer. These Guidelines focus on four (4) key areas: the interface between competition law and intellectual property rights; the relevant markets where intellectual property rights are concerned; the prohibitions under the Competition Act 2010; and the conflicting situations between intellectual property rights and competition law. The general public and industry players may obtain the guidelines by accessing MyCC’s website at www.mycc.gov.my. About Malaysia Competition Commission (MyCC) Established in April 2011, MyCC is an independent body responsible for enforcing the Competition Act 2010, which was implemented to create healthy competition which would in turn stimulate productivity and innovation, thus creating wider choices of products for consumers with better quality and reasonable prices. The Act applies to all commercial activities undertaken within and outside Malaysia that affect competition in the Malaysian market. It provides a regulatory framework including powers to investigate, adjudicate and impose penalties on the perpetrators of the competition laws. For more information on the Act and the MyCC’s activities, you can log on to www.mycc.gov.my. mrem.bernama.com/viewsm.php?idm=34432 NEW YORK, April 30 (Bernama-BUSINESS WIRE) -- The We Company (“WeWork”) announced that it has confidentially submitted an amended draft registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) relating to an initial public offering of its common stock. WeWork initially submitted its Form S-1 with the SEC in December 2018. This process will enable WeWork to make the decision to become publicly traded, subject to market and other conditions.
This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities. Any offers, solicitations of offers to buy, or any sales of securities will be made in accordance with the registration requirements of the Securities Act of 1933, as amended ("Securities Act"). This announcement is being issued in accordance with Rule 135 under the Securities Act. View source version on businesswire.com: https://www.businesswire.com/news/home/20190429005696/en/ Contact Press [email protected] Investors [email protected] Source : The We Company KUALA LUMPUR, April 24 (Bernama) -- Dassault Systèmes has announced its International Financial Reporting Standards (IFRS) unaudited financial results for the first quarter ended March 31.
On an organic basis, non-IFRS total revenue, software revenue and recurring software revenue were up eight per cent; licences and other software were up nine per cent, all at constant currency. 3DEXPERIENCE software revenue increased 26 per cent at constant currency, representing 23 per cent of related software revenue with clients in industrial equipment, transportation and mobility, aerospace and defence and high tech, among others. Cash flow from operations increase by 20 per cent to €489 million (€1=RM4.63) The board of directors also proposes a 12 per cent increase in annual dividend to €0.65 for the 2018 financial year. In addition, BHP and Dassault Systèmes have signed a long-term partnership, with BHP adopting the 3DEXPERIENCE platform. These results were reviewed by the company’s board of directors on April 23. All IFRS and non-IFRS figures are presented in compliance with IFRS 15 and IFRS 16 standards. More details about the company at https://www.3ds.com/ -- BERNAMA KUALA LUMPUR, April 25 (Bernama) -- Amazon Web Services Inc (AWS), an Amazon.com company has opened its AWS Asia Pacific (Hong Kong) Region, spanning 64 Availability Zones within 21 geographic regions worldwide.
AWS has also announced plans for 12 more Availability Zones and four more AWS Regions in Bahrain, Cape Town, Jakarta and Milan. The AWS Asia Pacific (Hong Kong) Region is the eighth active AWS Region in Asia Pacific and mainland China, along with Beijing, Mumbai, Ningxia, Seoul, Singapore, Sydney and Tokyo. Developers, startups and enterprises, as well as government, education and non-profit organisations can leverage the new AWS Asia Pacific (Hong Kong) Region to run their applications locally, and serve end-users across Hong Kong with lower latency. “Hong Kong is globally recognised as a leading financial tech hub and one of the top places where startups build their businesses, so we have had many customers asking us for an AWS Region in Hong Kong so they can build their businesses on the world’s leading cloud with the broadest and deepest feature set,” said AWS Global Infrastructure and Customer Support vice-president, Peter DeSantis. “By providing an AWS Region in the Hong Kong Special Administrative Region, we hope this enables more customers to be more agile, innovate and transform their end-user experience for decades to come.” Additionally, local AWS customers with data residency requirements can now store their content in the Hong Kong Special Administrative Region with the assurance that their content will not move without consent. Customers building applications now have access to another secure AWS infrastructure region that meets the highest levels of security, compliance and data protection. More details at https://aws.amazon.com/local/hongkong/ -- BERNAMA |
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