KUALA LUMPUR, July 19 (Bernama) -- Taconic Biosciences and Cyagen Biosciences will combine resources to provide the global scientific community with access to premium custom model design and generation services.
The access will be backed by comprehensive capabilities, cutting-edge and fully-licensed technologies, said Taconic in a statement. Taconic is recognized for creating complex genetically engineered mice and rats for biomedical research while Cyagen Biosciences is the world's largest provider of custom-engineered mouse and rat models. Through the alliance, Cyagen customers gain access to expanded expertise, comprehensive program management, state-of-the art technologies, pricing flexibility and faster project timelines through a single point of contact, ensuring the best solution for each unique project. Chief executive officer of Taconic Biosciences, Dr. Robert Rosenthal said: "Taconic will provide the best solution to every model generation customer through access to scientific experts who generate superior designs using state-of-the-art methods. "Through this alliance with Cyagen, Taconic can now offer customers the broadest range of options in the industry in line with market demand," he added. Cyagen will offer researchers even higher quality animal models, with new options available to minimize or eliminate quarantine and other added costs, while providing production capabilities that exceed previous standards and expectations," said vice-president of Sales of Cyagen Biosciences, Dr. Reza Rezaei. More details on https://www.taconic.com --BERNAMA
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KUALA LUMPUR, July 17 (Bernama) -- Cushman & Wakefield has entered into an agreement to acquire the commercial property arm of Sherry FitzGerald Group in the Republic of Ireland.
Cushman & Wakefield is one of the world´s largest real estate services firms with 48,000 employees in approximately 400 offices in 70 countries. The acquisition is expected to complete in early September 2018, a statement said. Cushman & Wakefield already has a 20 per cent stake in the Irish commercial property business which operated as its exclusive affiliate in the Republic rebranding two years ago as Cushman & Wakefield Ireland. The firm has more than 100 commercial property professionals and offices in Dublin, Limerick and Galway, will now be fully integrated into Cushman & Wakefield. Managing Director, Aidan Gavin becomes Cushman & Wakefield´s Head of Ireland and will also sit on the firm´s UK and Ireland Executive Committee. Cushman & Wakefield will maintain its close affiliate relationship with the wider Sherry FitzGerald Group, which has a further 97 offices across the Republic. As part of the transaction, the firm will also acquire, from Sherry FitzGerald Group, a minority share in its affiliate commercial property businesses in Cork and Belfast. The remaining equity, held by shareholding directors, is unaffected. More details on www.cushmanwakefield.com --BERNAMA Compelling Merger Proposal Warrants Engagement
Urges Dorian Shareholders to Vote the WHITE Proxy Card OSLO, Norway, July 17 (Bernama-BUSINESS WIRE) -- BW LPG Limited (“BW LPG”, the “Company”, OSE ticker code “BWLPG”) today announced that it has notified Dorian LPG (“Dorian”) (NYSE: LPG) of its intention to nominate three independent, highly qualified individuals to stand for election to Dorian’s Board of Directors (the “Board”) at Dorian’s 2018 Annual Meeting of Shareholders. BW LPG intends to file a proxy statement with the Securities and Exchange Commission (the “SEC”), accompanied by a WHITE proxy card, in connection with Dorian’s 2018 Annual Meeting. On May 29, 2018, BW LPG proposed to combine with Dorian in an all-stock transaction, under which Dorian shareholders would have received 2.05 BW LPG shares for each Dorian share. On July 9, 2018, BW LPG increased its all-stock proposal to combine with Dorian, under which Dorian shareholders would receive 2.12 BW LPG shares for each Dorian share. Based on BW LPG’s current price of NOK 34.06 per share and an NOK/USD exchange rate of 8.13 as of July 13, 2018, BW LPG’s proposal to combine with Dorian values each Dorian share at USD $8.88 per share, representing a 28% premium to Dorian’s unaffected share price of USD $6.96 as of May 25, 2018, the last trading day prior to the announcement of BW LPG’s initial proposal, and a premium of 19% to the long-term historical exchange ratio of Dorian and BW LPG since Dorian’s IPO. BW LPG Chief Executive Officer, Martin Ackermann, said, “We are nominating three independent, highly qualified directors who each have a proven track record and have expressed their commitment to act in the best interest of all Dorian shareholders. Since announcing our proposal to combine with Dorian, the feedback we have received from a significant percentage of Dorian’s shareholders has been overwhelmingly positive, including a recent public letter of support from SEACOR Holdings, one of Dorian’s largest shareholders. We have been clear that our preference is to engage in meaningful discussions with Dorian regarding our proposed combination and we remain ready to do so. Due to Dorian’s continued refusal to engage meaningfully with us on a proposed combination, we have decided to go directly to shareholders with our director nominees. We urge all Dorian shareholders to make their voices heard by voting to elect directors who are open to exploring opportunities to maximize value.” mrem.bernama.com/viewsm.php?idm=32297 KUALA LUMPUR, July 18 (Bernama) -- Polyplastics Co Ltd is utilizing computer-aided engineering (CAE) analysis to forecast parts deformation during the reflow process of manufacturing connector parts made of liquid crystal polymer (LCP).
The LCP connectors are using in mobile devices such as smartphones and switches, along with automotive-related applications. Since heat deformation can cause poor bonding, it is important to find ways to reduce heat deformation, particularly as the market sees growing demand for smaller connectors. In response, Polyplastics looked to CAE and began considering design-stage deformation forecasting for molded articles in the reflow process., a statement said. Polyplastics has identified three stages of deformation -- post-molding initial deformation (warpage), at-peak heat deformation and post-cooling deformation -- that can be forecasted by CAE analysis. With more than 50 years of experience, the company is a leading global supplier of engineering thermoplastics. --BERNAMA KUALA LUMPUR, July 17 (Bernama) -- BW LPG Ltd (BW LPG) -- the leading owner and operator of LPG vessels -- notified Dorian LPG (Dorian) to nominate three individuals to stand for election to Dorian's board of directors at Dorian's 2018 Annual Meeting of Shareholders.
"We are nominating three independent, highly qualified directors who each have a proven track record and have expressed their commitment to act in the best interest of all Dorian shareholders," said BW LPG chief executive officer, Martin Ackermann. The individuals are Baudoin Lorans (a private equity investor, currently serves as senior advisor to Presidio Investors), Ouma Sananikone (a senior investment executive, currently serves as a non-executive director of Macquarie Infrastructure Corp) and Jeffrey Schwarz (co-founder of Metropolitan Capital Advisors Inc). BW LPG also intends to file a proxy statement with the Securities and Exchange Commission accompanied by a white proxy card in connection with Dorian's 2018 Annual Meeting, a statement said. Most recently, the company had increased its all-stock proposal to combine with Dorian, under which Dorian shareholders would receive 2.12 BW LPG shares for each Dorian share on July 9. BW LPG has four decades of operating experience in LPG shipping and experienced seafarers and staff. The company offers a flexible and reliable service to customers. More information at www.bwlpg.com. -- BERNAMA |
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