Muhammad Aiman to look into inflammatory campaign materials in Semenyih [ 22m ago ]

EXCLUSIVE PRESS News List

Bombardier Sells Nine CRJ900 Aircraft to Chorus Aviation

MONTRÉAL, Feb 7 (Bernama) -- Bombardier Commercial Aircraft announced today that a subsidiary of Chorus Aviation Inc. (“Chorus Aviation”) has finalized a firm purchase agreement for nine CRJ900 aircraft. These aircraft will be operated by Jazz Aviation LP, a subsidiary of Chorus Aviation, under the Air Canada Express banner, making them the first Canadian operator of the new ATMOSPHÈRE cabin for CRJ Series regional jets.

Based on the list price of the CRJ900 aircraft, the order is valued at approximately $437 million U.S.

Diversification Is Key To Malaysia OGSE Companies' Longterm Survival

KUALA LUMPUR, Feb 7 (Bernama) -- With signs of greater market volatility in 2019, Malaysian oil and gas services and equipment (OGSE) companies must not lose sight of the need to become more diversified to remain competitive.

Whilst oil prices have risen since the beginning of the year, concerns about a supply glut and weakness in the global economy will keep prices on a tight leash, as evident from the general cautiousness of global oil companies and their continuous push for cost efficiencies. “Even as the industry is seeing a gradual recovery in activities, the oil price uncertainty is a clear reminder to OGSE players to stay focused and become more competitive,” Malaysia Petroleum Resources Corporation deputy chief executive officer Mohd Yazid Ja’afar said.

Cube Highways To Acquire A Hybrid Annuity Model Project In Tamil Nadu, India

SINGAPORE, Feb 7 (Bernama) -- Cube Highways and Infrastructure III Pte. Ltd. (Cube Highways) has signed an agreement with KNR Constructions Limited and KNR Srirangam Infra Pvt. Ltd. to acquire a new highway project in India. Using the Hybrid Annuity Model (HAM), the project will construct and operate nearly 160 lane-kilometers in the state of Tamil Nadu.

HAM projects are a hybrid between conventional EPC contracts and BOT (Annuity) projects using an innovative concession model developed by the National Highway Authority of India (NHAI). Under the concession, 40 percent of project cost will be paid by NHAI during the construction phase with the balance distributed as regular annuity payments on a fixed amortization schedule over a 15-year operational period. The new HAM business line created within Cube Highways demonstrates the ability of a platform led strategy to identify and capitalize on specialized investment opportunities within a sector.

IBFD Tax Research Platform Completely Revised

AMSTERDAM, The Netherlands, Feb 7 (Bernama) -- IBFD today announced a completely revised version of its Tax Research Platform that has been redesigned and enhanced to ensure a simplified international tax research experience for practitioners that is more intuitive, efficient and effective. This complete overhaul of the IBFD Platform is its largest redesign and it provides a seamless experience across mobile and desktop.

The IBFD Platform is the leading, comprehensive online solution for international tax research. It combines country tax guides in several levels of detail, news, treaties, case law, easy-to-use tools and much more in one online solution that enables tax professionals to quickly access the vital information they need wherever they focus their work.

MASkargo To Increase Real-Time Visibility Of Shipments For Customers And Make Cargo Services Available To More Freight Forwarders Globally Using Unisys Cloud-Based Digistics

KUALA LUMPUR, Feb 7 (Bernama) --

-- Cloud-based logistics solutions Digi-IQ and Digi-Portal will help MASkargo provide customers complete visibility into shipment lifecycle and attract more cargo bookings globally

Unisys Corporation (NYSE: UIS) ( http://www.unisys.com/) today announced that MAB Kargo Sdn Bhd (MASkargo)( http://www.maskargo.com/), the cargo division of Malaysia Airlines, will further enhance the digital transformation of its business using two secure cloud-based Unisys Digistics(TM) ( https://www.unisys.com/offerings/industry-solutions/transportation-industry-solutions/digistics-(logistics-solutions)) digital logistics solutions to make the airline's cargo services available to a wider global freight market and provide customers with industry leading visibility across the shipment lifecycle.

Corsair Infrastructure Partners Announces New Fund's Acquisition Of Vantage Airport Group

NEW YORK, Feb 7 (Bernama) -- Corsair Infrastructure Partners (“CIP”), the global infrastructure investment business of Corsair Capital (“Corsair”), today announced that a new fund established and managed by CIP has closed on the acquisition of 100% of Vantage Airport Group (“Vantage”) from Gateway Infrastructure Investments (“Gateway”), another CIP-managed fund.

The new CIP fund is a perpetual partnership with no fixed duration, capitalized by high-quality long-term institutional investors. The transaction provides Vantage with a strong and stable ownership structure, as well as access to capital to pursue a full pipeline of opportunities in developing, managing, and investing in airports and related infrastructure worldwide. The acquisition also creates an attractive realization event for Gateway, which has owned Vantage since 2008.