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Tag Archives: FNC

President Clinton to participate in First World Coffee Producers Forum in Colombia

In a panel with President Juan Manuel Santos on ‘Economic Sustainability and Rural Development to promote Global Stability and Democracy’ BOGOTA, Colombia, June 29, 2017 (GLOBE NEWSWIRE) — Today, the Colombian Coffee Growers Federation (FNC) announced that President Bill Clinton, the Founder of the Clinton Foundation & 42nd President of the United States, will address […]

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Jeffrey Sachs to Open 1st World Coffee Producers Forum in Colombia

Coffee farmers and industry stakeholders from over 40 countries will address sustainability challenges of the coffee value chain under a co-responsibility approach. The ICO Executive Director, the President of Colombia and the CEO of the Colombian Coffee Growers Federation (FNC) will also take part in the opening ceremony, along with representatives of African, Asian and […]

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Jeffrey Sachs to Open 1st World Coffee Producers Forum in Colombia

Coffee farmers and industry stakeholders from over 40 countries will address sustainability challenges of the coffee value chain under a co-responsibility approach. The ICO Executive Director, the President of Colombia and the CEO of the Colombian Coffee Growers Federation (FNC) will also take part in the opening ceremony, along with representatives of African, Asian and […]

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Air Seychelles and Hong Kong Airlines Sign Codeshare Agreement

HONG KONG, Aug. 28, 2014 /PRNewswire/ -- Air Seychelles, the national airline of the Republic of Seychelles, and Hong Kong Airlines, an internationally-acclaimed SKYTRAX 4-star airline, have signed a codeshare agreement to provide travellers with enhanced connections in Asia, Africa and the Middle East.

Under the codeshare agreement, Air Seychelles will place its 'HM' code on Hong Kong Airlines' flights between Hong Kong and the capital of Thailand, Bangkok. In return, Hong Kong Airlines will place its 'HX' code on Air Seychelles' flights between the Seychelles and Hong Kong, as well as between Hong Kong and Abu Dhabi, capital of the United Arab Emirates#.

The agreement was signed this week by Manoj Papa, Chief Executive Officer of Air Seychelles, and Li Dianchun, Commercial Director of Hong Kong Airlines.

Manoj Papa said: "We are delighted to expand our network of codeshare partners with the addition of Hong Kong Airlines. As a leading international tourism destination, the Seychelles attracts a large number of travellers from across Asia, and through our codeshare agreement with Hong Kong Airlines, we are confident these volumes will continue to flourish. At the same time, residents of the Seychelles will benefit from direct access to the global finance and tourism hub of Hong Kong."

Li Dianchun said: "This codeshare agreement is part of a comprehensive strategy to open up new markets and offer more choices to Hong Kong Airlines' passengers. Our partner Air Seychelles is a well-respected airline that will successfully broaden our reach to the Seychelles and Abu Dhabi, two of the world's fastest-growing and most exciting travel destinations. The agreement enables passengers to book any Hong Kong Airlines flight originating from China, Japan and Southeast Asia to Abu Dhabi and the Seychelles connecting through the Hong Kong hub. We anticipate strong demand on these routes and look forward to building our cooperation with Air Seychelles in the future."

Tickets under the codeshare agreement can be purchased from 12 September 2014 for travel commencing on the same day# on the airseychelles.com or hkairlines.com websites. Bookings can also be completed through a travel agent, the airlines' sales offices, or by calling the Air Seychelles' Call Centre on +248 439 1000 or the Hong Kong Airlines Call Centre at +852 3151 1888 (Hong Kong) or +86 898 950715 (mainland China).

Details of the codeshare flights are as follows:

Routes

Flight No.

Departure*

Arrival*

Days of Operations

HKG - BKK

HX765/ HM5680

1810

1925

Daily

HX767/ HM5682

0055

0235

HX771/ HM5684

0750

0945

HX773/ HM5686

2315

0015+1

HX775/ HM5688

1215

1405

BKK - HKG

HX766/ HM5681

2025

0055+1

HX768/  HM5683

0825

1210

HX772/ HM5685

1125

1530

HX774/ HM5687

0210

0555

HX776/ HM5689

1505

1850

Routes

Flight No.

Departure*

Arrival*

Days of Operations

HKG - AUH

HX 1087/ HM 087

1910

2340

Mon/ Wed/ Fri

HKG - SEZ

HX 1087/ HM 087

1910

0635+1

Mon/ Wed/ Fri

SEZ - HKG

HX 1086/ HM 086

1555

0955+1

Tue/ Thu/ Sun

AUH - HKG

HX 1086/ HM 086

2155

0955+1

Tue/ Thu/ Sun

* All local time

#Subject to regulatory approvals.

Manoj Papa, Chief Executive Officer of Air Seychelles, and Li Dianchun, Commercial Director of Hong Kong Airlines, sign a codeshare agreement between the two airlines
Manoj Papa, Chief Executive Officer of Air Seychelles, and Li Dianchun, Commercial Director of Hong Kong Airlines, sign a codeshare agreement between the two airlines

- Ends -

About Air Seychelles

Air Seychelles was established in 1978 and began long-haul service in 1983. The airline currently offers international flights to Abu Dhabi, Hong Kong, Johannesburg and Mauritius. Air Seychelles also offers more than 200 domestic scheduled flights a week throughout the archipelago, as well as domestic charter services.  As the national airline of the Republic of Seychelles, Air Seychelles is a pillar of tourism, the island nation's strongest and growing economic sector. The airline maintains a strategic partnership with Etihad Airways, the national airline of the United Arab Emirates and 40 per cent stakeholder. For more information, please visit: www.airseychelles.com.

About Hong Kong Airlines

Established in 2006, Hong Kong Airlines has since grown to become an internationally-acclaimed carrier. Recognizing the warmth of its service and the quality of its onboard offering, Hong Kong Airlines has been awarded the highly-esteemed 4-star rating from SKYTRAX for three consecutive years. Based in Hong Kong, Hong Kong Airlines' network currently covers almost 30 cities regionally, including Beijing, Shanghai, Sanya, Bangkok, Bali and Okinawa. Our current fleet has 23 aircraft, which includes three Airbus A330-300s, nine Airbus A330-200s and six A320s, with up-to-date inflight entertainment system and an average age of just one year as of 2013. And our cargo fleet consists of five Airbus A330-200Fs. Adhering to the concept of "Fresh and Very Hong Kong", Hong Kong Airlines is committed to "Bringing Greater Journeys Sky High", and is dedicated to providing an extraordinary flight experience to the passengers. For more information, please visit: www.hkairlines.com.

Photo - http://photos.prnasia.com/prnh/20140828/0861406173 
Logo - http://photos.prnasia.com/prnh/20140317/0861401583-b

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China Cord Blood Corporation Receives Notice of Transaction Regarding its 7% Senior Convertible Note Due 2017 Held by Golden Meditech

HONG KONG, Aug. 25, 2014 /PRNewswire/ -- China Cord Blood Corporation (NYSE: CO) ("CCBC" or the "Company"), China's leading provider of cord blood collection, laboratory testing, hematopoietic stem cell processing, and stem cell storage services, today announced that the Company has been informed that Magnum Opus International Holdings Limited ("Magnum"), a private vehicle that is controlled by CCBC Chairman Mr. Yuen KAM and involves the CCBC management team, together with Cordlife Group Limited ("Cordlife"), a Singapore listed company and substantial shareholder of the Company, have agreed to purchase the Company's outstanding 7% senior convertible note due 2017 (the "Note") held by Golden Meditech Holdings Limited ("Golden Meditech"), CCBC's parent company, for a total consideration of approximately $88.1 million.

The Note was originally issued by the Company to Golden Meditech in 2012 with an aggregate principal amount of $50 million. Magnum and Cordlife are each obligated to purchase 50% of the Note, subject to customary closing conditions and satisfaction of all relevant approvals and consents, including but not limited to the approval of Golden Meditech's independent shareholders.

About China Cord Blood Corporation

China Cord Blood Corporation is the first and largest umbilical cord blood banking operator in China in terms of geographical coverage and the only cord blood banking operator with multiple licenses.  Under current PRC government regulations, only one licensed cord blood banking operator is permitted to operate in each licensed region and only seven licenses have been authorized as of today.  China Cord Blood Corporation provides cord blood collection, laboratory testing, hematopoietic stem cell processing, and stem cell storage services.  For more information, please visit our website at http://www.chinacordbloodcorp.com.        

About Magnum Opus International Holdings Limited

Magnum Opus International Holdings Limited is incorporated in the British Virgin Islands. It is controlled by Mr. Yuen KAM, CCBC's chairman of the Board, and involves the CCBC management team. Mr. Yuen KAM is also the Chairman and Chief Executive Officer of Golden Meditech.

About Cordlife Group Limited (Bloomberg stock code: CLGL SP)

Incorporated in May 2001, Cordlife Group Limited is a multi-product healthcare company catering to the mother and child segment and a leading cord blood and umbilical cord lining banking services provider. Today, Cordlife operates the largest[1] private cord blood banks in each of Singapore, the Philippines and Indonesia, and is amongst the top three market leaders in Hong Kong and India. Cordlife also holds approximately 10.02% and 31.81% stakes in China Cord Blood Corporation and StemLife Berhad respectively, both of which are their countries' largest cord blood bank operators. For more information, please visit www.cordlife.com.

[1] Source : Deloitte & Touche Financial Advisory Services Limited report, 10 April 2013

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events, performance and results of operations, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulation, and other risks contained in statements filed from time to time with the U.S. Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by the cautionary statements and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

For more information, please contact:

China Cord Blood Corporation
Investor Relations Department
Tel: (+852) 3605-8180
Email: ir@chinacordbloodcorp.com

ICR, Inc.
Mr. Bill Zima
Tel: (+86) 10-6583-7511 (China) or (+1) 646-405-5185 (U.S.)
Email: william.zima@icrinc.com


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DoubleDutch Announces $19 Million in Series D Financing

-- New Funding led by Mithril Capital to Further Develop Industry-leading Mobile Event Apps and Expand Global Reach

SAN FRANCISCO, Aug. 21, 2014 /PRNewswire/ -- Mobile event app leader DoubleDutch today announced the close of $19 million in Series D funding led by Mithril Capital Management. Previous investors Bessemer Venture Partners, Index Ventures and Bullpen Capital also participated, along with Singapore-based Enspire Capital. Ajay Royan, co-founder and managing general partner of Mithril, joins the DoubleDutch board.

"More than three years into our journey, we continue to see signs that the market for data driven event technology is massive, underserved, and ripe for a winner-take-all outcome," said Lawrence Coburn, CEO of DoubleDutch. "In Mithril, we have found a partner that matches our ambition and outlook. Our mutual goal is to build a durable, independent company that redefines the category."

DoubleDutch will use the funding to expand its global presence, build out its technical teams to rapidly scale product deployment, and deliver new features to organizers. Globally, more than $500 billion is spent on events and conferences, and marketers worldwide will increasingly need mobile solutions to optimize these enormous spends.

"Conferences compress 90 days of interactions into 72 hours, but unfortunately few of these connections survive re-entry into daily life," said Ajay Royan, Co-founder and Managing General Partner of Mithril. "While legacy event companies focus on registration or logistics, DoubleDutch's platform uniquely preserves relationships that foster powerful, sustainable, long-term advantages. They are already working with some of the largest event organizers around the world, and this new investment will allow DoubleDutch to focus on identifying and pursuing enormous new opportunities."

"Trade shows still constitute the biggest line item on a B2B marketer's budget, with nearly 20% of [the typical CMO budget] spend committed to live events," said Laura Ramos, analyst for Forrester Research.[1] "B2B business relationships are built on trust and personal interaction. For this reason, marketers will never be able to banish trade shows from the marketing budget."[2]

DoubleDutch has raised $37.5 million in funding since its founding in 2011, and their highly flexible mobile event apps have been used by more than 2,000 events globally. A DoubleDutch app provides an unprecedented link between social engagement and actionable data for event organizers to analyze and improve their events in real time.

Founded in 2012 by Ajay Royan and Peter Thiel, Mithril focuses on long-term investments in durable companies positioned to dominate an industry.

About DoubleDutch
DoubleDutch is an award-winning provider of mobile event applications, with a unique focus on capturing and surfacing data from live events. The first to bring a data-driven technology approach to the event industry, DoubleDutch customers include SAP, Proctor & Gamble, Audi, Verizon, and Estee Lauderhttp://doubledutch.me

About Mithril Capital Management
Mithril is a global investment firm founded by Ajay Royan and Peter Thiel that provides capital to leading growth companies by partnering with teams who use technology to build transformative and durable businesses, often in industries long overdue for change. Each of these businesses is unique, but all face common challenges to unlocking long-term growth. Mithril helps navigate these critical inflection points by investing in size and with conviction. For more information, please visit: www.mithril.com.

Media Contact

Tristan Kruth, TriplePoint PR
tkruth@triplepointpr.com
+1 (415) 955-8500

Jen Hawkins, DoubleDutch
jen@doubledutch.me
+1 (415) 449-5744

Lindsay Andrews, Sard Verbinnen & Co for Mithril Capital Management (415) 618-8750

[1]

January 21, 2014 AdAge article, "B2B Marketing Budgets Set To Rise 6% in 2014: Forrester"

[2]

January 21, 2014 Forrester Research report, "Focus B2B Marketing Budget Gains On Business Outcomes To Succeed In 2014"

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AziLat Ltd., Secures Acreage Position Offshore Brazil

HAMILTON, Bermuda, Aug. 20, 2014 /PRNewswire/ --

AziLat Ltd. ("AziLat"), the South America focused oil and gas exploration company, is pleased to announce that it has signed a farm-in agreement ("the farm-in") with Chariot Brasil Petroleo e Gas Ltda., a wholly owned subsidiary of Chariot Oil & Gas Limited ("Chariot") to blocks BAR-M-292, BAR-M-293, BAR-M-313 and BAR-M-314 ("the blocks"), in the Barreirinhas Basin, offshore Brazil.

Under the terms of the farm-in, which is subject to approval of Brazilian authorities, AziLat, through its local subsidiary AziBras Exploracao de Petroleo e Gas Ltda. ("AziBras"), will pay 50% of the 3D seismic acquisition programme and related processing costs incurred across the blocks in exchange for a 25% working interest.

Following the completion of the transaction, the working interest positions in blocks BAR-M-292, BAR-M-293, BAR-M-313 and BAR-M-314 will be as follows:

Chariot 75% (Operator) AziLat 25%

The blocks are located in the Barreirinhas Basin, on Brazil's Equatorial Margin, approximately 70km offshore, and cover an area of 768km² with water depths ranging from 85m to 1,700m. The Barreirinhas Basin has analogues with prolific West African Basins in Cote d'Ivoire and Ghana, where major oil and gas fields have been discovered.

Michael Stewart, Managing Director of AziLat, commented:

"We are very excited with this agreement which marks AziLat's entry into the region and further deepens our relationship with Chariot, with whom we are already a partner in a number of blocks offshore Namibia through AziLat's sister company, AziNam. The Barreirinhas Basin remains underexplored with modern 3D seismic and offers huge potential on a coastline that has yielded some of the largest discoveries of the last decade. With the financial backing of Seacrest Capital Group, we look forward to advancing the exploration activities in these four blocks, in other areas offshore Brazil and the wider South American region."

Notes to Editors: 

AziLat is a Seacrest Capital Group backed E&P company, focused on South America.

Seacrest Capital Group is a leading energy investor specialising in offshore exploration, leveraging its proprietary assets and relationships to build a diversified, global portfolio of regionally focused oil and gas exploration companies. Since 2011, Seacrest Capital Group has created and invested in a number of successful exploration companies in the United Kingdom and Norwegian North Sea, West Africa, Ireland and South East Asia.

Contacts:

AziLat Limited
Daniel McKeown
http://www.azilat.com
+1-441-537-2073

Vigo Communications
Patrick d'Ancona
Chris McMahon
http://www.vigocomms.com
+44(0)20-7016-9570

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