Amara, Ban Leong pick IFAs for privatisation offers

Amara, Ban Leong pick IFAs for privatisation offers

[SINGAPORE] Hotel group Amara and technology products distributor Ban Leong Technologies on Wednesday (May 7) separately announced that they have appointed independent financial advisers (IFAs) as they mull offers to be taken private. Amara has appointed W Capital Markets as its IFA for a voluntary conditional general offer from a consortium led by property company…

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BBC Comedy Head Moves To Drama; Anchor Bay Buys Genre Pics (Exclusive); SVT Co-Parenting Comedy; UFA Replaces Ute Biernat – Global Briefs

BBC Comedy Head Moves To Drama; Anchor Bay Buys Genre Pics (Exclusive); SVT Co-Parenting Comedy; UFA Replaces Ute Biernat – Global Briefs

BBC Comedy Head Tanya Qureshi Moves To Drama Team Change afoot as the UK’s Creative Cities Conference (CCC) gets underway this morning – BBC Head of Comedy Tanya Qureshi is swapping her role for one in Lindsay Salt’s drama division. Qureshi will take a Commissioning Editor role, overseeing a slate of shows including Sally Wainwright’s…

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ProSiebenSat.1 Media Cutting 430 Roles As Shareholders Jockey For Position

ProSiebenSat.1 Media Cutting 430 Roles As Shareholders Jockey For Position

ProSiebenSat.1 Media is eliminating 430 roles at the cost of “mid to high double-digit million euros,” as the battle for the German TV giant’s future continues. The redundancies come as part of ProSieben’s transformation to a digital-first business focused on entertainment. The aim is to “streamline the process structure and increase cost efficiency,” ProSieben said…

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Singapore-based biotech firm Nuevocor raises US$45 million in Series B round

Singapore-based biotech firm Nuevocor raises US million in Series B round

[SINGAPORE] Biotechnology company Nuevocor announced on Wednesday (May 7) that it completed a US$45 million Series B funding round from new and existing investors. This includes “significant participation” from current investors such as Temasek-linked life sciences builder ClavystBio and EDB Investments, the investment platform of the Singapore Economic Development Board (EDB).  The round was co-led…

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Former Pavilion Energy chief Alan Heng to lead Singapore’s new central gas entity

Former Pavilion Energy chief Alan Heng to lead Singapore’s new central gas entity

The formation of Singapore GasCo is a “major milestone” in Singapore’s energy transition, says the EMA [SINGAPORE] Singapore has established a new government-owned entity to centralise natural gas procurement and appointed Alan Heng, who previously led gas trader Pavilion Energy, as its chief executive. The formation of the entity, called Singapore GasCo, is a “major…

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