My Food Bag’s well-known brand and extensive marketing is expected to help the $450 million meal kit delivery company get enough support to list on the sharemarket next week, even though some brokers and investors don’t think it stacks up. The company wants to raise as much as $342m through an initial public offering and list on the NZX and ASX on March 5. It’s enlisted the help of three broker firms, its mailing lists of current and past customers, and advertisements on TV and YouTube to help it market the sale. My Food Bag was founded in 2013 by Cecilia and James Robinson and is fronted by celebrity chef Nadia Lim and backed by former Telecom chief executive Theresa Gattung. It has benefited from demand for convenience food and healthy living and has delivered more than 85 million meals to more than 300,000 households since it started and its brand is now recognised by about 88 per cent of people. “Their marketing has been very good,” said Jeremy Sullivan, an investment adviser … [Read more...] about My Food Bag’s strong marketing will help share offer, broker says
Synopsys initiates 165 million accelerated share repurchase agreement
President Biden Joe Biden Trump State Department appointee arrested in connection with Capitol riot FireEye finds evidence Chinese hackers exploited Microsoft email app flaw since January Biden officials to travel to border amid influx of young migrants MORE ’s new UN envoy, Linda Thomas-Greenfield Linda Thomas-Greenfield America's new multilateralism CBC 'unequivocally' endorses Shalanda Young for White House budget chief Blinken speaks with Ethiopian leader about human rights concerns in Tigray MORE , notably said, “multilateralism is back. Diplomacy is back.” Changing global power relationships — especially China’s rise — and emerging global health, climate and migration challenges will compel the U.S. to rely more on multilateral approaches to secure American interests out of necessity, if not conviction. Multilateralism has long been a mainstay of U.S. security and that need will only grow. The NATO alliance is among the most … [Read more...] about America’s new multilateralism
The market ended mixed on Friday morning as many big stocks still faced selling pressure. The benchmark VN-Index on the Hồ Chí Minh Stock Exchange (HoSE) fell 0.22 per cent to 1,165.95 points in the morning session while overloading occurred again on the southern bourse. However, the market's liquidity was still high in the morning session with more than 521.5 million shares traded, worth over VNĐ12.9 trillion. Big stocks from banking, real estate, materials and retail sectors extended losses with many down more than 1 per cent, leading to the downward trend of the market. The VN30-Index declined by 0.31 per cent to end the morning session at 1,170.7 points. Top five stocks influencing the market's trend were Vinhomes JSC (VHM), down 1.7 per cent, Vietcombank (VCB), down 1.44 per cent, and Việt Nam Dairy Products JSC (VNM), down 1.55 per cent. Meanwhile, gas and oil stocks still posted outstanding performance this morning with PetroVietnam Power Corporation (POW) hitting … [Read more...] about VN-Index extends losses as selling pressure persists
SINGAPORE: I have seen it before. On Sep 16, 2008, an upbeat Anwar Ibrahim announced he had commanded the support of the majority of Malaysian Members of Parliament (MPs), six months after he led the opposition to historically smash the two-thirds parliamentary supermajority of the then ruling Barisan Nasional (BN). It was Malaysia Day. Anwar appeared to be ready to take over the Malaysian government. That afternoon, I was moderating a political forum in Kota Kinabalu, attended by a few major opposition politicians. I also witnessed a BN component party in action at the seminar, boldly withdrawing from the ruling coalition in support of Anwar’s move. The atmosphere was extremely charged, with boisterous exhortations aplenty for a new dawn in Malaysian politics. By nightfall, however, it became obvious this supposed switch of allegiance by many BN MPs did not materialise. A somber mood descended upon the gradually less crowded event. Malaysians would have to make do with … [Read more...] about Commentary: Always almost there – will Anwar Ibrahim ever become Prime Minister of Malaysia?
The agreement will witness USAID provide technical assistance to the Vietnam Social Security in order to help them carry out their sustainable health system development project, with the ultimate aim to accelerate the implementation of the health insurance policy over the coming four years. The project will therefore support the country’s transition to full financial autonomy for the HIV and Tuberculosis (TB) Program. USAID will provide support for Vietnam Social Security across three main areas, including implementing health insurance policies, planning in terms of financial management, along with controlling and ensuring the rationality of costs for health services through statistical analysis of insurance and funding sources. This assistance will take place along with building tools to track and monitor health insurance claims whilst renovating payment methods. The agency will also exchange information, share their experience, and support Vietnam Social Security in applying … [Read more...] about Vietnam Social Security, USAID strive for sustainable health system