StoneBridge Acquisition (APAC)

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Apollo Opens Seoul Office and Names Jay Hyun Lee Head of Korea as Part of Continued APAC Expansion
GlobeNewswire News Room· 2024-11-18 00:00
Company Expansion - Apollo has opened a new office in Seoul, South Korea, and appointed Jay Hyun Lee as Partner and Head of Korea to support its growth plans in the market [1][4] - The firm has a successful track record in the Asia Pacific region, having established its presence in major cities such as Tokyo, Sydney, Hong Kong, Mumbai, and Singapore since 2006 [2] Leadership and Strategy - As Head of Korea, Lee will focus on driving Apollo's capital formation strategy, building institutional relationships, and expanding the team in South Korea [3] - Lee brings 25 years of financial services experience, previously serving as Senior Executive Vice President at Samsung Securities and holding key roles at Goldman Sachs, BNP Paribas, J.P. Morgan, and KPMG Korea [5] Market Opportunity - Apollo views South Korea as a leading financial hub with significant opportunities to serve investors and retirees, addressing the growing demand for flexible and creative capital solutions [4] - The firm aims to collaborate with pensions, insurers, and other institutions to provide yield-oriented solutions for individuals and savers seeking duration-matched income products [4] Academic Collaboration - Apollo has appointed Dr. Sam Young Chung, a professor at Yonsei University, as an Academic Advisor in Asia Pacific to leverage his expertise in retirement solutions and alternative assets [6] Company Overview - Apollo is a high-growth global alternative asset manager with approximately $733 billion in assets under management as of September 30, 2024 [7]
Bob Iger Says Disney EMEA & APAC Content Investments “Slowing” But Will Continue On “Selective” Basis: “We're Being Careful Until We Get The Technology Right”
Deadline· 2024-11-14 15:12
Group 1 - Disney's content investment in EMEA and APAC has "slowed down" due to technology challenges and strong performance of Hollywood movies in local markets [1] - The CEO indicated a mixed outlook for international spending, highlighting "opportunities" for selective investments outside the U.S., but cautioning that these should not be seen as "enormous" [2] - Local success of billion-dollar movies like Deadpool & Wolverine and Inside Out 2 suggests less need for locally-produced content compared to other regions [2][3] Group 2 - Disney is being cautious with international investments until technology issues are resolved, though specifics on these issues were not disclosed [4] - In India, Disney has formed a new $8.5 billion joint venture with Reliance Industries, where Reliance will own two-thirds of the shares and manage the business [5] - The deal merges Disney's Star India TV and Disney+ Hotstar with Reliance's JioCinema and Viacom18, with Disney retaining an ownership stake in the high thirties [6]
Gilat Satellite Networks Receives Multimillion Service Contract from Leading Satellite Operator in APAC region
GlobeNewswire News Room· 2024-09-30 11:05
Company Overview - Gilat Satellite Networks Ltd. is a leading global provider of satellite-based broadband communications with over 35 years of experience [2] - The company offers a diverse portfolio that includes high-value solutions for multiple orbit constellations, very high throughput satellites (VHTS), and software-defined satellites (SDS) [3] Recent Developments - Gilat has secured a multimillion contract extension to provide services for a leading satellite operator in the Asia-Pacific region for an additional 12 months [1] - This contract extension emphasizes Gilat's ongoing support in managing and maintaining the operator's satellite communications infrastructure, ensuring enhanced network performance and reliability [1] Product and Service Offerings - The company's offerings include a cloud-based platform, high-performance satellite terminals, Satellite On-the-Move (SOTM) antennas, Solid State Power Amplifiers (SSPA), Block Upconverters (BUC), and integrated ground systems [3] - Gilat's solutions cater to various applications such as broadband access, mobility, cellular backhaul, enterprise, defense, aerospace, broadcast, government, and critical infrastructure [3] Strategic Importance - The contract extension reflects the trust that partners place in Gilat's technology and underscores the company's strategic role in the satellite communications sector [1]
U.S. IPO Weekly Recap: 2 APAC Microcaps Go Public In Short Labor Day Week As The Pipeline Grows
Seeking Alpha· 2024-09-07 05:25
IPO Activity - Two small IPOs and two SPACs debuted this past week, with eight IPOs submitting initial filings [2] - Pheton Holdings (PTHL) priced its US IPO at the low end to raise $9 million at a $57 million market cap, focusing on cancer treatment planning systems [3] - Powell Max (PMAX) priced its US IPO at the low end to raise $6 million at a $58 million market cap, providing financial communication services in Hong Kong [3] - Vine Hill Capital (VCICU) and Andretti Acquisition II (POLEU) each raised $200 million as SPACs [3] - Eight IPOs submitted initial filings, including StandardAero (SARO) aiming to raise $1 billion and KinderCare (KLC) aiming for $500 million [3] Upcoming IPOs - Bicara Therapeutics (BCAX) plans to raise $200 million at an $865 million market cap, focusing on a bifunctional antibody for solid tumors [4][5] - Zenas BioPharma (ZBIO) is set to raise $200 million at a $685 million market cap, developing therapies for autoimmune diseases [4][5] Market Performance - The Renaissance IPO Index was up 8.1% year-to-date as of 9/5/2024, while the S&P 500 was up 16.5% [4] - The Renaissance International IPO Index was down 5.3% year-to-date [4]
Bitbuy APAC is Now Live in Australia
Newsfile· 2024-08-13 12:00
Core Points - WonderFi Technologies Inc. has officially launched its subsidiary Bitbuy APAC in the Asia-Pacific region, marking a significant step in its global expansion strategy [1][2] - The company has partnered with Kogan.com, a leading Australian e-commerce platform, to enhance its market presence in Australia [1][4] Company Overview - WonderFi is recognized as the largest regulated crypto trading platform in Canada, with over $1.35 billion in assets under custody, positioning it to serve global crypto participants [5] - The company focuses on both centralized and decentralized financial services and products, including trading, payments, and blockchain technology [5][6] Strategic Developments - Bitbuy has completed its first international crypto trade following the acquisition of FX Institutions Pty. Ltd. in March 2024, and has established a local team in Melbourne, Australia [2] - The company is working towards obtaining an Australian Securities & Investment Commission (ASIC) license to offer derivatives and other financial products in the region [2] Partnership Details - The partnership with Kogan.com includes exclusive promotions for Kogan FIRST members and marketing support from Kogan to promote Bitbuy [4] - Kogan made the first purchase of Bitcoin through Bitbuy APAC, which will be held in their corporate treasury, symbolizing the start of their collaboration [4]
WOOFi to ride on APAC hypergrowth joins GM Vietnam 2024
GlobeNewswire News Room· 2024-06-05 08:32
Group 1 - WOOFi is strategically targeting the Asia Pacific region for its next hypergrowth phase, sponsoring the Web3 Builders Breakfast at GM Vietnam 2024 to connect with Web3 builders and innovators [1] - The approval of spot BTC ETFs in Asia and anticipated ETH ETFs are expected to attract a broader range of investors, enhancing digital asset payments in the APAC region [1] - WOOFi has over $14 billion in cumulative trading volume and more than 250,000 monthly active users, supporting 11 blockchains and offering various products including earn vaults and perpetual futures [3] Group 2 - WOOFi has ventured into AI by integrating Kvants, a leading AI and machine learning platform, to improve trading efficiency and provide advanced analytical tools [2] - WOOFi Pro is an omnichain gasless Central Limit Order Book (CLOB) protocol offering up to 20x leverage, designed to provide a seamless user experience while maintaining self-custody of funds [4] - The integration of WOOFi Pro with the CryptoCurrency eXchange Trading (CCXT) Library enhances trading efficiency and market engagement for users [2]
WOO X eyes the APAC region growth as it joins GM Vietnam
GlobeNewswire News Room· 2024-06-04 08:38
VICTORIA, Seychelles, June 04, 2024 (GLOBE NEWSWIRE) -- WOO X, a global centralized crypto futures and spot trading platform, is looking at the growth of the Asia Pacific (APAC) region as it joins GM Vietnam, a gathering of more than 10,000 Web3 builders, investors, traders, and communities in the region. Specifically, WOO X will participate in Broiler Room: The Future of Technology, a blockchain techno party in Hanoi city, hosted by Herond Labs and Gotbit Hedge Fund. Attendees of GM Vietnam including build ...
Commvault Welcomes Gareth Russell to New APAC-Wide Security Role
prnewswire.com· 2024-05-27 12:30
Company strengthens its expertise in cyber resilience with the appointment of Gareth Russell as Field Chief Technology Officer, Security for Asia PacificSINGAPORE and SYDNEY, May 27, 2024 /PRNewswire/ -- Commvault, a leading provider of data protection and cyber resilience solutions for hybrid cloud organisations, today announced the appointment of Gareth Russell as Field Chief Technology Officer, Security for Asia Pacific (APAC). This newly created role reflects Commvault's commitment to extending its deep ...
StoneBridge Acquisition (APAC) - 2023 Q4 - Annual Report
2024-04-16 21:04
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 ☐ TRANSITION REPORT UNDER SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission file number: 001-40613 StoneBridge Acquisition Corporation (Exact name of registrant as specified in its charter) | --- | --- | |---------------------------------------- ...
StoneBridge Acquisition (APAC) - 2024 Q4 - Annual Report
2024-04-08 21:25
UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR 12(g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☐ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to OR ☒ SHELL COMPANY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES ...