CORPORATE

EIG's Midocean Energy to Acquire Additional 15% Interest in Peru LNG from Hunt Oil Company

 |  Thursday, 19 September 2024 19:36  |  Published in CORPORATE

MidOcean Energy (“MidOcean” or the “Company”), a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors, and Hunt Oil Company (“Hunt”) announced today that they have entered into a definitive agreement whereby MidOcean will acquire an additional 15% interest in Peru LNG (“PLNG”) from Hunt.

Akur8 Secures $120 Million in Series C Round to Accelerate Growth of its Next Generation Actuarial Platform

 |  Thursday, 19 September 2024 19:34  |  Published in CORPORATE

Akur8, the machine learning-powered insurance pricing and reserving platform, announced today that it has secured $120 million in series C funding, bringing its total raised investment to $180 million. This latest funding round was led by One Peak, a leading growth equity firm investing in software scale-ups, with participation from Partners Group, one of the largest firms in the global private markets industry acting on behalf of its clients, and historical investor Guidewire Software, Inc. (NYSE:GWRE). The new funding will significantly bolster Akur8’s ability to expand its product portfolio and fuel its growth in key global markets.

Record-Breaking Win for Sunway Malls in National Mall Industry Awards

 |  Thursday, 19 September 2024 19:25  |  Published in CORPORATE

Sunway Malls emerged as the  biggest winner in the seventh edition of the prestigious Persatuan Pengurusan Kompleks  (PPK) Malaysia Award with six (6) awards, the highest number of wins to a mall group in  PPK Malaysia history.


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