Oct, 1 -- PRNewswire / AsiaNet
TORONTO: Manulife Financial Corporation and John Hancock Financial Services, Inc. announced that their Boards of Directors have each unanimously agreed to a tax-free, stock-for-stock merger of the companies, valued at Cdn$34.7 billion (US$25.6 billion) based on closing stock prices on September 24, 2003. Under the terms of the merger, John Hancock common shareholders will receive 1.1853 Manulife common shares for each John Hancock common share, representing a price of US$37.60.
SCOTTSDALE: US Airways has reached an agreement with Discover the World Marketing, reappointing the company to handle its sales and marketing in Japan beginning this week.
www.discovertheworld.com
NEW YORK: Moneyline Telerate, in connection with a lawsuit filed against it by Reuters, announced that it has placed the full disputed amount that Reuters claims it is owed -- US$18.3 million -- into an escrow account as permitted by the Moneyline Telerate-Reuters agreement. By doing so, Moneyline Telerate has removed the sole purported basis for Reuters' termination of the contract.
www.moneyline.com
AUCKLAND: Car sellers (and car buyers) in New Zealand can now get an accurate assessment of a vehicles value on-line with a printed valuation certificate from The Red Book. Accessed through the website www.redbook.co.nz - the vehicle valuation service allows the user to adjust the price of the vehicle by its condition and kilometres travelled.
www.redbook.co.nz
PALO ALTO: Symphony Services Corp., a provider of technology-based outsourcing services, announced that it has received $20 million in growth capital from TH Lee Putnam Ventures, a private equity firm. Symphony Services, which was initially funded by Symphony Technology Group, will use this strategic investment to fuel its acquisition plan and for working capital.
www.symphonysv.com
MONTREAL: The National Research Council's Biotechnology Research Institute and ProMetic Life Sciences Inc. announced the formation of a strategic alliance for the production and biopurification of therapeutic proteins. NRC-BRI and ProMetic Life Sciences Inc. have teamed up to provide a fully integrated service to biotech and pharmaceutical companies for the development and scale up of therapeutic protein production.
www.nrc-cnrc.gc.ca
NOVATO: SpatiaLight, Inc. confirmed that it has completed its initial delivery of display units to Wuhan ZhungYuan Electronics Group Co., a wholly owned subsidiary of China Electronics Corporation (CEC), the largest electronics manufacturer in China and a Chinese state-owned enterprise. SpatiaLight announced earlier this month that it had received a purchase order for 2,000 display units and related electronics from CEC.
www.spatialight.com
EAST HARTFORD: Japan Air System has awarded a three-year contract to Japan Turbine Technologies (JTT) for maintenance and repair of high-pressure turbine airfoils for V2500 engines. JTT, a joint venture of Pratt & Whitney and Japan Airlines, will perform the work at its facility near New Tokyo International Airport in Narita.
www.pw.utc.com
LONDON: Metastorm, a provider of Business Process Management (BPM) software for automating, managing and controlling processes has announced a new distribution partner, Australian-based Pacific ICS. Under the terms of the contract, Pacific ICS will work with its partners across Australia and New Zealand to rollout Metastorm's Business Process Management product.
www.metastorm.com
NEW YORK: MLB.com, the official website of Major League Baseball, said that starting today, every postseason game will be available live and online, to anyone living or traveling outside the United States and Japan. The service, available exclusively on MLB.com, begins with the start of the Division Series at 1 p.m. ET today (September 30).
www.mlb.com
MCLEAN: In a precedent-setting ruling on copyright and trademark infringement, the First Intermediate People's Court in Beijing, China has decided in favor of the Graduate Management Admission Council in the Council's suit against the Beijing New Oriental School, or "BNOS." The Beijing court's decision not only recognizes the Council's important copyright and trademark rights under Chinese law, but also helps ensure the reliability and integrity of the Graduate Management Admission Test.
www.gmac.com
TAIPEI: Instant802 Networks Inc., a supplier of value-added 802.11 embedded software solutions for Original Design Manufacturers (ODMs) and Original Equipment Manufacturers (OEMs), is partnering with Wistron NeWeb Corp., a manufacturer of wireless local area network (WLAN) equipment, to develop an extensive line of WLAN products for the worldwide market. Specific terms of the agreement are not disclosed.
HONG KONG: Bloomberg Tradebook Hong Kong Ltd has confirmed that it is authorized as Hong Kong's first Automated Trading Services platform under Part III of the Securities and Futures Ordinance by the Securities and Futures Commission.
www.bloombergtradebook.com
WOBURN: Tecotex, a new class of Engineered 3-dimensional surface textures, designed to optimize the fit, stability, bone adhesion, and service life of orthopedic implants, is available exclusively from Tecomet, a subsidiary of VIASYS Healthcare.
www.viasyshc.com
HONG KONG: DVN (Holdings) Limited, a provider of digital TV broadcast platforms, has forged an agreement with Hisense Electric Company Limited to develop a digital TV broadcasting business in China. According to the agreement, DVN shall provide to Hisense the requisite production technology for the manufacturing of digital broadcasting receivers (set top boxes), whilst Hisense will utilize its production and sales capability and its market position and R&D skills in the consumer electronics area to manufacture and sell the set top boxes designed by DVN.
www.dvnholdings.com
(AsiaNet is a consortium of leading news agencies distributing unedited, translated news releases for worldwide clients. Visit www.asianetnews.net for full-text versions.)
นายโรนัลด์ บาร์ท ฮูชแมน ประธานเจ้าหน้าที่บริหารลูกค้ารายย่อย ทีเอ็มบี หรือธนาคารทหารไทย จำกัด (มหาชน) ร่วมกับนายอินเดรียน นัยดู ประธานกรรมการบริหารสำนักงานภูมิภาค-ไทย เวียดนาม และกัมพูชา (Manulife Financial Asia Limited) ตอกย้ำความเป็นผู้นำด้านเสรีภาพแห่งการลงทุน ด้วยบริการ "TMB Open Architecture กองทุนดี ยี่ห้อดัง ที่เดียวครบ" เพิ่มอิสระ โอกาส และทางเลือกในการลงทุนเพื่อผลตอบแทนที่ดีขึ้นสำหรับลูกค้าและประชาชน ด้วยการนำเสนอขายกองทุน MS-ASIAN SM ให้กับลูกค้าทีเอ็มบี ตั้งแต่วันที่ 13 ตุลาคมนี้