Reliance Retail Ventures Ltd, the retail arm of Reliance Industries, has received the full subscription amount of $240m from the global investment firm KKR and has allotted 17.1m equity shares. Following the share allotment, KKR’s shareholding in Reliance Retail Ventures Ltd (RRVL) has increased to 1.42 per cent, from 1.17 per cent. “Reliance Retail Ventures Ltd today received the subscription amount of $240m from Alyssum Asia Holdings II Pte. Ltd. (KKR) and allotted 17,158,752 equity shares to KKR,” Reliance Industries…
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Milan May 2023 highlighted reel – which was our first PE major event of the year 2023 https://drive.google.com/file/d/1w9amNARIROInji1jERo8KzgPLCfemnQM/view?usp=sharing) Followed by London (SEP 2023) and Munich (SEP 2023) conferences, attached are pictures of these events. https://drive.google.com/drive/folders/1-HE-Zj0fKj9GcrfQT8TE4s9AwH5Pcgn2?usp=drive_link https://drive.google.com/drive/folders/1ZKgkEyOHNidpJ3U43v-oAIh35yUdNsBF?usp=drive_link We are having ANNEMARIE DALKA, the chair of NVP, the industry body of Netherlands as a speaker in Benelux. https://pe-insights.com/our-network/companies/pfr/annemarie-dalka/
Discount code: PBEC25 for any LP/GP and PBEC members wishing to join these two events. Amsterdam (Benelux) on October 27th, 2023 Stockholm on November10th, 2023 Here are the TWO upcoming Conference links for further information on how to register and join. About PE Insights: Private Equity Insights is a leading independent conference provider in the Private Equity space and has been in the industry for over 13 years. Private Equity…
Velocity Technology, a leading IT professional services firm headquartered in Hong Kong and serving clients across the Asia Pacific region, is thrilled to announce its vibrant rebrand. The rebrand reflects Velocity’s commitment to “shining the light on all things IT” for their clients, and marks a significant milestone in the company’s growth and expansion. Celebrating our New Look & Strengthened Team Velocity Technology Unveils Vibrant Rebrand with StratusRed, City Computing and Talented City as New Additions to the Velocity Group…
The recent cyberattack on the MGM Grand Casino network another reminder of the growing challenges in the realm of cybersecurity and the importance of acting swiftly. MGM international disclosed that it is dealing with a cybersecurity issue that impacted some of its systems. The Fortune 500 company, with USD14 billion in annual revenue, operates hotel and gaming venues around the world, notably in Las Vegas. With the incident, the hacker group Scattered Spider was able to social-engineer their way into the company’s systems in 10…
The recent news of Wells Fargo & Co. and BNP Paribas SA facing massive fines, totaling $266 million, for employees’ improper use of unofficial communication channels like WhatsApp, personal texts, and email to conduct business has sent shockwaves through the financial industry. These staggering penalties are a stark reminder of the urgent need for businesses to adopt comprehensive archiving solutions like Velocity’s WhatsApp Archiving Solution. Here are five of the 266 million reasons why your business should consider this crucial…
The East-West Center promotes better relations and understanding among the people and nations of the United States, Asia, and the Pacific through cooperative study, research, and dialogue. Established by the US Congress in 1960, the Center serves as a resource for information and analysis on critical issues of common concern, bringing people together to exchange views, build expertise, and develop policy options. The East-West Center in Washington provides US and Indo-Pacific government stakeholders and program partners with innovative training, analytical,…
ESG for Climate Actions International Conference 2023 Organised by WGO & UNESCAP | 30-31 Oct | 📍 Cyber Arena, Cyberport Link to Register Now : https://bit.ly/ESGConference2023 The conference will bring together 300+ companies and welcome 600+ attendees. Over the course of two days, 50+ expert speakers will share valuable insights and expertise. Day1 ✨Morning Session : Global Trends – Climate Challenges and Solutions Day1 ✨Afternoon Session : Sustainability Reporting Standards and New Taxonomy Day2 ⭐Morning Session : Green Finance, Sustainable…
PBEC CEO Michael Walsh and Board of Director Sebastian Man who is also recently appointed to the MIT HK board committee were in attendance alongside leading HK business leaders/former and current Government officials supporting the MIT celebration of 150 years Women in STEM. The event was graced with multiple alumni of MIT including Marjorie Yang Mun-tak GBS a former PBEC Board of Director who represents Hong Kong at ABAC amongst many other esteemed titles and roles. We heard from the…
CCU International in partnership with CS Tech Solution Limited brought #carboncapture to Hong Kong for the first time at the recent #rethinkhk2023 expo. On the early morning before the expo opened, CCU International Founder and CEO Beena Sharma alongside CS Tech CEO Dixon Chan came and spoke with PBEC members at a closed door briefing session at the KPMG offices in Central. Our Chairman Andrew Weir and CEO Michael Walsh welcomed them to Hong Kong. Dixon expressed his excitement about…

