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Posts Tagged ‘enters’

David Arquette enters rehab

David Arquette“Scream” actor David Arquette has reportedly checked himself into a rehabilitaion centre. Arquette, who separated from wife Courteney Cox after 11 years of marriage last year, subsequently confessed he had been drinking heavily since the split, reports contactmusic.com. He was forced to deny reports he was suffering from a nervous breakdown after making a joke [...]

Singapore’s Olam says enters US$200 mln Nigerian sugar venture

Singapore’s commodity company Olam International (OLAM.SI) said on Friday it has entered  into a joint venture to set up a US$200 million ($261.7 million) sugar refinery in Nigeria.

The company, in which Singapore state investor Temasek Holdings (TEM.UL) has 14% stake, said it controls 80% of the venture, while Lababidi Group holds the remaining 20%.

“The total project cost amounts to approximately US$200 million, which is expected to be phased over three years from FY 2011 to FY 2013,” Olam said in a statement.

 
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Olam enters into US$200m Nigerian sugar venture

Commodity company Olam International (OLAM.SI) said on Friday it has entered into a joint venture to set up a US$200 million ($261.5 million)sugar refinery in Nigeria.

The company, in which Singapore state investor Temasek Holdings (TEM.UL) has 14% stake, said it controls 80% of the venture, while Lababidi Group holds the remaining 20%.

“The total project cost amounts to US$200 million, which is expected to be phased over three years from FY 2011 to FY 2013,” Olam said in a statement.

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CSC Holdings enters into JV to offer jack-in piling services in Thailand

CSC Holdings has entered into a 49-51 joint venture agreement with The Pathumthani Concrete Co (Paco) to provide jack-in piling services in Thailand.

CSC says it is timely to introduce JIP services in Thailand due to the growth potential of this environmentally-friendly method of pile installation.

CSC’s partner Paco is one of the largest spun pile manufacturers in Thailand and is its long term business partner.

Paco’s spun piles have been accredited by the Singapore Concrete Institute and have been used in a number of projects in Singapore, including the redevelopment of the Royal Thai Embassy along Orchard Road.

 

Greenliant Enters SSD Market for Embedded Applications

News Analysis: Greenliant Systems is the latest startup offering solid-state drives for embedded applications used in portable computing and automotive systems. – Startup Greenliant Systems rolled out its first embedded
flash solid-state storage drives for the embedded applications market on Nov.
9.
The NANDrive DLS85LS product family is based on the
companys own SATA NAND controllers and comes in six different sizes, including
2-, 4-, 8-, 16-, 32-, an…


Sunmoon Food enters into $24m convertible loan and optional $60m convertible loan facility deal

Sunmoon Food Company has entered into a memorandum of understanding with Chic Foods Asia Pacific Co.

Under the deal, Chic Foods has agreed to invest in the company by way of a $24 million convertible loan and an additional optional $60 million convertible loan facility.

Both parties have also signed exclusive sourcing and service agreements.

Sunmoon Food says it will use the proceeds from the $24 million convertible loan extended by Chic to settle the outstanding principal of another convertible loan agreement signed on 21 March 2007 which amounts to $24.443 million, together with $6.433 million premium accruing.

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Best World International unit enters into JV deal with Daeha Trading Co. of Korea

Best World International says unit Best World (Qingdao) Health Sciences Company has entered into an equity transfer agreement and joint venture agreement with Daeha Trading Co. to acquire 70% equity interest in Weihai Leempia Household Chemicals Co.

Dahae Co. is a trading company incorporated in South Korea. China-incorporated Leempia Co. is a wholly-owned subsidiary of Dahae Co. Its principal activities include the manufacturing, production and processing of cosmetics and marketing of the skincare and toiletries product.

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Nokia Smartphone Chief Resigns as New CEO Enters

Anssi Vanjoki, head of Nokia’s smartphone division, steps down ahead of the Nokia World 2010 conference. – LONDON Anssi
Vanjoki, the head of Nokia’s smartphone division, has become the first
casualty of the Stephen
Elop era at the cell phone giant.

Nokia
executives here in London for the Nokia World 2010 conference, which starts
Sept. 14, confirmed that Vanjoki had stepped down, just days before …


Sin Heng enters into dealership deal with hydraulic crane manufacturer Kato for Malaysia, Brunei

Sin Heng Heavy Machinery, one of the leading heavy lifting service providers in Singapore focusing on the mid-to-high lifting capacity segment, has entered into a dealership agreement with Kato Works Co., one of the world’s leading hydraulic crane manufacturers.

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HP Enters Bidding War with Dell for 3PAR

With its $24-per-share bid, HP ups the ante by 33 percent in an effort to acquire solid-performing storage company with scale-out architecture and a popular thin-provisioning feature. – 3PAR, a solid, consistently well-performing independent storage
company for the better part of the last decade, suddenly has a couple
of first-tier suitors interested in an acquisition.

Hewlett-Packard, despite already being loaded with one of the largest
storage product catalogs in the worl…


Neptune Orient Lines enters US$150m term-loan agreement

Neptune Orient Lines, owner of Asia’s largest container line by fleet size, entered an agreement with Oversea-Chinese Banking Corp. and ING Bank NV for a term loan of US$150 million ($206 million). The loan is to partially finance the acquisition of two new vessels, it said in a statement to the Singapore stock exchange.
 
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Mann Seng Metal unit enters into OEM manufacturing, distribution deal

Mann Seng Metal International says MSM Equipment Manufacturer Sdn. Bhd., a wholly-owned subsidiary of the company, on July 12 , entered into an original equipment manufacturer-distribution agreement with Rational International AG.

The OEM-distribution agreement appoints MSM Equipment to distribute the multifunctional cooking appliances manufactured by Rational AG, under MSM Equipment’s trademark MSM and product designations.

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Michaele Salahi Enters ‘Real Housewives Of D.C.’

New season of “Real Housewives of D.C.” will already appear on big screens in August. In the very first episode Michaele Salahi declares that she simply likes to make an unexpected entrance. What do we know about Michaele Salahi? She became an uninvited guest in the White House last autumn. After that the problem of [...]

STX Pan Ocean Co. enters into $56m deal to build semi-submersible heavy lift carrier

STX Pan Ocean Co. says it has entered into a deal to build a semi-submersible heavy lift carrier for about US$40 million ($56 million). STX says the deal, which is considered an Interested Person Transaction, was approved by shareholders of the company at the Annual General Meeting held on March 29.

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NBS law enters parliament procedure

The amendments to the National Bank of Serbia (NBS) law have entered the parliament procedure, Speaker Slavica Đukić-Dejanović has said. The changes, if adopted by MPs would allow parliament to appoint the central bank governor, while the candidate would be named by the president.

Global Yellow Pages enters into licensing agreement with MediaCorp

Global Yellow Pages Limited (GYPL), the publisher of directory services and leading search engine, today announced that it has signed a licensing agreement with MediaCorp Pte Ltd (MediaCorp), allowing it to reproduce and use GYPL’s data on MediaCorp’s Mocca.

The licensing agreement is significant for mainboard-listed GYPL as it marks a step in GYPL’s efforts to license its valuable and vast database to third parties.

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Fusion Garage’s JooJoo Enters Full Production, Despite Lawsuit

Fusion Garage announced that its controversial JooJoo tablet PC has entered full production, with devices expected to reach consumers by the end of February. The move comes days after Fusion Garage moved to dismiss a lawsuit filed against it by TechCrunch, the publishing entity founded by Michael Arrington, which alleges that the JooJoos design is a rip-off of his unreleased CrunchPad tablet PC. The name JooJoo may be derived from Ju-Ju, a West African term for objects such as skulls possessed by spirits.
– Fusion Garage announced on Feb. 3 that its controversial
JooJoo tablet PC had entered full production, with devices expected to reach
consumers by the end of the month. That announcement came two days after Fusion
Garage moved to dismiss a lawsuit filed against it by TechCrunch, the publishing
e…


Asiatravel.com enters into agreement to promote and service Resorts World Sentosa

Asiatravel.com Holdings says it has entered into an agreement with Resorts World Sentosa to provide accommodation, transportation and sales support for visitors to RWS and its Universal Studios theme park when it starts operations.

Together with Resorts World Sentosa, and its hotel and airline partners, Asiatravel.com is putting together affordable packages comprising Universal Studio ticket, hotel accommodation, and air and land transportation, to attract a wide range of visitors to the resort.

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Hedge-fund consultant GFIA enters wealth management business

GFIA Pte, a Singapore-based hedge-fund consultant, started a wealth management business as it aims to tap mainly affluent individuals in Asia.

As part of the plan, GFIA will service one “substantial family” based in Singapore, which will take an equity stake in GFIA’s holding company, said Peter Douglas, the principal of the GFIA. He declined to elaborate on the size of the transaction or identify the family.

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TeleChoice enters into new 2-year contract with StarHub

TeleChoice International, the regional provider of telecommunications solutions and services, says it has entered into a new two-year contract with StarHub to continue providing sales and support services.

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