A.M. Best Affirms Ratings of DPL Insurance Limited

SINGAPORE, July 3 (Bernama-BUSINESS WIRE) -- A.M. Best has affirmed the financial strength rating of B+ (Good) and the issuer credit rating of “bbb-” of DPL Insurance Limited (DPL) (New Zealand). The outlook for both ratings is stable.
 
The ratings reflect DPL’s adequate capitalization, favorable claim experiences and high return on assets.

http://mrem.bernama.com/viewsm.php?idm=24797

Dato Iskandar Mahmood appointed Ethos chief; Datuk Omar Mustapha retires

KUALA LUMPUR, July 3 (Bernama) -- Ethos Consulting Sdn Bhd is pleased to announce the appointment of Dato' Iskandar Mizal Mahmood as Managing Partner and Director of the firm effective 1 July 2015. Dato' Iskandar takes over the role of Managing Partner from Puan Natasha Kamaluddin who has been redesignated as Senior Partner and Director of the firm effective the same date. 

http://mrem.bernama.com/viewsm.php?idm=24796

RATAN TATA JOINS JUNGLE VENTURES AS SPECIAL ADVISOR

SINGAPORE, July 2 (Bernama-BUSINESS WIRE) -- Jungle Ventures has announced that Mr. Ratan Tata, Chairman Emeritus of the Indian Conglomerate, Tata Sons, and an iconic business leader of modern India, will come on board as a Special Advisor. Founded by Anurag Srivastava and Amit Anand, Jungle Ventures is an early stage venture capital fund, with a firm focus on helping build innovative technology led companies out of the Asia-Pacific. Jungle has already made investments in 30 leading Asian startups, including the likes of Zipdial (recently acquired by Twitter), LiveSpace, Tradegecko, CrayonData, Fastacash and travelmob (acquired by Nasdaq listed HomeAway). In his role as Special Advisor, Mr. Tata has formally committed to spend time with Jungle’s portfolio of companies to help them build category leadership, while being ethically impregnable and culturally strong, in Asian and global markets.

Founded in 2012, Jungle Ventures is best known for guiding the growth of portfolio companies across Asia, with its ‘operations as a service’ model. Mr. Tata’s coming on board fits seamlessly with Jungle’s vision to build Asia’s foremost platform to support path breaking and high growth ventures in consumer internet and enterprise technology.

http://mrem.bernama.com/viewsm.php?idm=24794

ASX Selects Nasdaq's Post-Trade Risk Technology to Manage Its Real-Time Risk Across Clearinghouses

New Technology Will Respond to Global Regulations Requiring Intraday Risk Management and Increased Margin Methodology Sophistication
 
NEW YORK and SYDNEY, Australia, July 2 (Bernama-GLOBE NEWSWIRE) --Nasdaq (Nasdaq:NDAQ) and the Australian Securities Exchange (ASX) announced today that Nasdaq has been selected to deliver ASX's next generation post-trade risk management solution. Sentinel Risk Manager will provide a single, real-time risk management system across both ASX clearing houses and all asset classes, including real-time margin calculation and related customer risk analytics. The new risk system will be implemented in five phases over the next two years.

http://mrem.bernama.com/viewsm.php?idm=24790

Interlink Electronics, Inc. Corporate Updates

WESTLAKE VILLAGE, Calif., July 2 (Bernama-BUSINESS WIRE)-- Interlink Electronics, Inc. (OTC: LINK), a global technology leader and trusted advisor in Human Machine Interface (HMI) solutions, today announced its commitment to continue to expand its global R&D footprint in Singapore.
 
As part of the Company’s pledge to continue its growth in technology and product offerings, Interlink will add additional, talented R&D engineers to their Singapore footprint, spearheaded by CTO, Dr. Albert Lu. Prior to joining Interlink in 2014, for over 15 years Dr. Lu had made significant R&D contributions to the Singapore Institute of Manufacturing Technology (SIMTech), which develops high-value manufacturing technology and human capital to enhance the competitiveness of Singapore's manufacturing industry.

http://mrem.bernama.com/viewsm.php?idm=24789

ConforMIS Announces Pricing of Its Initial Public Offering

BEDFORD, Mass., July 1 (Bernama-GLOBE NEWSWIRE) -- ConforMIS, Inc. announced today the pricing of its initial public offering of 9,000,000 shares of common stock at a public offering price of $15.00 per share, before underwriting discounts. All of the shares in the offering are being sold by ConforMIS. In addition, ConforMIS has granted the underwriters an option to purchase up to 1,350,000 additional shares of common stock at the public offering price, less the underwriting discount. ConforMIS' common stock has been approved for listing on the NASDAQ Global Select Market and is expected to begin trading under the symbol "CFMS" on July 1, 2015. The offering is expected to close on July 7, 2015, subject to customary closing conditions.

http://mrem.bernama.com/viewsm.php?idm=24785

NIPPON FOUNDATION NEREUS PROGRAM REVEALS CRITICAL STATE OF WORLD'S OCEANS IN 2050

TOKYO, July 1 (Bernama)  -- A press conference was held on June 30, 2015, to announce the release of a new report about the sustainability of global marine fisheries in the 21st century titled "Predicting Future Oceans."

The report is a product of the Nippon Foundation - UBC Nereus Program. It notes that continued CO2 emissions are leading to changes in ocean temperature, acidity and oxygen levels that have been unprecedented over the last several thousand years. These changes in ocean conditions will affect biological productivity in the ocean, impacting organisms ranging from plankton to fishes. Along with overfishing and habitat destruction, climate change is anticipated to lead to a decline in fisheries in many regions and alterations of marine biodiversity and food web structure. While aquaculture will play a role in providing a source of marine protein for a growing global population, the long-term ecological and social sustainability of aquaculture is unclear.  An improved framework for global ocean governance will be needed to ensure sustainable fisheries in the future.

http://mrem.bernama.com/viewsm.php?idm=24779