KUALA LUMPUR, Nov 18 (Bernama) -- AV AirFinance Limited (AV AirFinance), a global commercial aviation loan servicer, has appointed Jonathan O’Dowd as Senior Vice President, Investments.
Based in Singapore, O’Dowd will be responsible for credit underwriting and strategic airline relations globally, according to a statement.
AV AirFinance Chief Executive Officer, Stephen Murphy, said the company is delighted to welcome O’Dowd to the AV AirFinance team.
“Jonathan has a strong track record in building and managing airline relationships, and his extensive network will be a great benefit to our expanding direct-to-airline business,” he said.
O’Dowd brings over 14 years of experience in aviation and asset finance. Prior to joining AV AirFinance, he served as Director of Aviation Risk at Castlelake, where he worked on risk and strategic initiatives.
His extensive network and experience in building long-term relationships with airlines have enabled him to source and structure opportunities such as pre-delivery payment (PDP) financings, rated structures, and finance leases.
Headquartered in Dublin, Ireland with offices in the United States and Singapore, AV AirFinance focuses on arranging financing for commercial aircraft to airlines, lessors, manufacturers, cargo operators and investors, secured by new and used commercial aircraft and engines.
-- BERNAMA
Monday, 18 November 2024
Thursday, 14 November 2024
MEDIDATA SECURES HIGHEST LEADERSHIP POSITION IN EVEREST GROUP'S FIRST LIFE SCIENCES CLINICAL TRIAL MANAGEMENT SYSTEM PRODUCTS PEAK MATRIX® ASSESSMENT
NEW YORK, Nov 14 (Bernama-BUSINESS WIRE) -- Medidata, a Dassault Systèmes brand and the leading provider of clinical trial solutions to the life sciences industry, has been recognized as a leader in Everest Group's first-ever Life Sciences Clinical Trial Management System Products PEAK Matrix® Assessment 2024. The report assessed 13 providers based on the market impact of their products and their ability to deliver successful, high-quality offerings.
Medidata Rave CTMS leads the industry by providing seamless, real-time patient data outputs that transform enrollment tracking and enable faster, data-driven decisions. Offering instant visibility for study teams, Rave CTMS streamlines collaboration, eliminates manual data entry, and accelerates trial timelines with exceptional accuracy.
“We are honored to be recognized as the highest leader in CTMS by Everest Group,” said Tom Doyle, chief technology officer, Medidata. “This accolade underscores our unwavering commitment to transforming research and reaffirms our strategy to deliver new, AI-powered experiences that reshape how organizations design, plan, and manage trials end-to-end with the greatest impact.”
Added Doyle, “In 2025, Medidata will embed AI-driven insights within study planning and execution solutions, enabling simulation of trial design, process simplification, and enhanced efficiency.”
Medidata is the only provider to be named a leader in Everest Group’s CTMS, electronic data capture (EDC) and decentralized clinical trial (DCT) assessments for its Medidata Rave EDC, Medidata Platform, and its work in DCT.
For more information, visit our website.
About Medidata
Medidata is powering smarter treatments and healthier people through digital solutions to support clinical trials. Celebrating 25 years of ground-breaking technological innovation across more than 34,000 trials and 10 million patients, Medidata offers industry-leading expertise, analytics-powered insights, and the largest patient-level historical clinical trial data set in the world. More than 1 million registered users across approximately 2,200 customers trust Medidata’s seamless, end-to-end platform to improve patient experiences, accelerate clinical breakthroughs, and bring therapies to market faster. A Dassault Systèmes brand (Euronext Paris: FR0014003TT8, DSY.PA), Medidata is headquartered in New York City and has been recognized as a Leader by Everest Group and IDC. Discover more at www.medidata.com and follow us @Medidata.
About Dassault Systèmes
Dassault Systèmes is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, our customers can redefine the creation, production and life-cycle-management processes of their offer and thus have a meaningful impact to make the world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy for the benefit of all – consumers, patients and citizens. Dassault Systèmes brings value to more than 350,000 customers of all sizes, in all industries, in more than 150 countries. For more information, visit www.3ds.com.
© Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.
About Everest Group
Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at www.everestgrp.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20241112190210/en/
Contact
Medidata PR
Medidata.PR@3ds.com
Analyst Relations
Medidata.AR@3ds.com
Source : Medidata
--BERNAMA
Medidata Rave CTMS leads the industry by providing seamless, real-time patient data outputs that transform enrollment tracking and enable faster, data-driven decisions. Offering instant visibility for study teams, Rave CTMS streamlines collaboration, eliminates manual data entry, and accelerates trial timelines with exceptional accuracy.
“We are honored to be recognized as the highest leader in CTMS by Everest Group,” said Tom Doyle, chief technology officer, Medidata. “This accolade underscores our unwavering commitment to transforming research and reaffirms our strategy to deliver new, AI-powered experiences that reshape how organizations design, plan, and manage trials end-to-end with the greatest impact.”
Added Doyle, “In 2025, Medidata will embed AI-driven insights within study planning and execution solutions, enabling simulation of trial design, process simplification, and enhanced efficiency.”
Medidata is the only provider to be named a leader in Everest Group’s CTMS, electronic data capture (EDC) and decentralized clinical trial (DCT) assessments for its Medidata Rave EDC, Medidata Platform, and its work in DCT.
For more information, visit our website.
About Medidata
Medidata is powering smarter treatments and healthier people through digital solutions to support clinical trials. Celebrating 25 years of ground-breaking technological innovation across more than 34,000 trials and 10 million patients, Medidata offers industry-leading expertise, analytics-powered insights, and the largest patient-level historical clinical trial data set in the world. More than 1 million registered users across approximately 2,200 customers trust Medidata’s seamless, end-to-end platform to improve patient experiences, accelerate clinical breakthroughs, and bring therapies to market faster. A Dassault Systèmes brand (Euronext Paris: FR0014003TT8, DSY.PA), Medidata is headquartered in New York City and has been recognized as a Leader by Everest Group and IDC. Discover more at www.medidata.com and follow us @Medidata.
About Dassault Systèmes
Dassault Systèmes is a catalyst for human progress. We provide business and people with collaborative virtual environments to imagine sustainable innovations. By creating virtual twin experiences of the real world with our 3DEXPERIENCE platform and applications, our customers can redefine the creation, production and life-cycle-management processes of their offer and thus have a meaningful impact to make the world more sustainable. The beauty of the Experience Economy is that it is a human-centered economy for the benefit of all – consumers, patients and citizens. Dassault Systèmes brings value to more than 350,000 customers of all sizes, in all industries, in more than 150 countries. For more information, visit www.3ds.com.
© Dassault Systèmes. All rights reserved. 3DEXPERIENCE, the 3DS logo, the Compass icon, IFWE, 3DEXCITE, 3DVIA, BIOVIA, CATIA, CENTRIC PLM, DELMIA, ENOVIA, GEOVIA, MEDIDATA, NETVIBES, OUTSCALE, SIMULIA and SOLIDWORKS are commercial trademarks or registered trademarks of Dassault Systèmes, a European company (Societas Europaea) incorporated under French law, and registered with the Versailles trade and companies registry under number 322 306 440, or its subsidiaries in the United States and/or other countries. All other trademarks are owned by their respective owners. Use of any Dassault Systèmes or its subsidiaries trademarks is subject to their express written approval.
About Everest Group
Everest Group is a leading global research firm helping business leaders make confident decisions. Everest Group's PEAK Matrix® assessments provide the analysis and insights enterprises need to make critical selection decisions about global services providers, locations, and products and solutions within various market segments. Likewise, providers of these services, products, and solutions look to the PEAK Matrix® to gauge and calibrate their offerings against others in the industry or market. Find further details and in-depth content at www.everestgrp.com.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20241112190210/en/
Contact
Medidata PR
Medidata.PR@3ds.com
Analyst Relations
Medidata.AR@3ds.com
Source : Medidata
--BERNAMA
Wednesday, 13 November 2024
VRAD UNVEILS TWO VIRTUAL REALITY-BASED MEDICAL SIMULATORS FOR GLOBAL MARKETS
KUALA LUMPUR, Nov 13 (Bernama) -- VRAD Co Ltd has announced its entry into international markets by launching two widely recognised Korean-developed virtual reality (VR)-based simulators, NS_Core, a nursing skills education simulator, and IP_Trauma, a trauma patient care simulator.
According to VRAD in a statement, these products support a broad range of languages, including Korean, English, Vietnamese, Thai, Indonesian, Chinese, Japanese, Kazakh, and German, with Spanish and French language support anticipated by the end of the year.
NS_Core is an immersive clinical simulation solution designed for nursing skill training using Meta's virtual reality headset, allowing users to perform a variety of clinical exercises in a VR environment with simulated patients.
This solution offers an innovative approach to addressing the challenges of hands-on medical training within nursing school curricula by providing a metaverse-based virtual training space.
Developed through a collaboration between general hospitals and university nursing departments, NS_Core enables intensive, repetitive practice on 20 essential nursing skills, significantly enhancing clinical performance among nursing students.
Meanwhile, IP_Trauma offers a comprehensive VR training environment for medical personnel to acquire and refine essential trauma care skills, areas traditionally challenging to practice effectively.
Developed in partnership with several prominent Korean universities and hospitals, it is an immersive clinical simulation platform featuring reactive scenario simulations, where outcomes vary based on the user’s choices and actions. It also adheres to the globally recognised Advanced Trauma Life Support (ATLS) protocol standards.
Within the IP_Trauma simulator, multiple users can communicate in real time, practicing critical decision-making and trauma care techniques in a virtual environment. The simulation covers over 40 procedural steps, from pre-hospital preparation to patient transfer to the operating room.
Currently recognised as a leading VR medical technology provider in Korea, VRAD’s products are actively used in over 90 medical and educational institutions, both domestically and internationally.
-- BERNAMA
According to VRAD in a statement, these products support a broad range of languages, including Korean, English, Vietnamese, Thai, Indonesian, Chinese, Japanese, Kazakh, and German, with Spanish and French language support anticipated by the end of the year.
NS_Core is an immersive clinical simulation solution designed for nursing skill training using Meta's virtual reality headset, allowing users to perform a variety of clinical exercises in a VR environment with simulated patients.
This solution offers an innovative approach to addressing the challenges of hands-on medical training within nursing school curricula by providing a metaverse-based virtual training space.
Developed through a collaboration between general hospitals and university nursing departments, NS_Core enables intensive, repetitive practice on 20 essential nursing skills, significantly enhancing clinical performance among nursing students.
Meanwhile, IP_Trauma offers a comprehensive VR training environment for medical personnel to acquire and refine essential trauma care skills, areas traditionally challenging to practice effectively.
Developed in partnership with several prominent Korean universities and hospitals, it is an immersive clinical simulation platform featuring reactive scenario simulations, where outcomes vary based on the user’s choices and actions. It also adheres to the globally recognised Advanced Trauma Life Support (ATLS) protocol standards.
Within the IP_Trauma simulator, multiple users can communicate in real time, practicing critical decision-making and trauma care techniques in a virtual environment. The simulation covers over 40 procedural steps, from pre-hospital preparation to patient transfer to the operating room.
Currently recognised as a leading VR medical technology provider in Korea, VRAD’s products are actively used in over 90 medical and educational institutions, both domestically and internationally.
-- BERNAMA
DUBAI PHILANTHROPIST ANOSH AHMED PROVIDES £10 MILLION OF ESSENTIAL FOOD AID TO SUPPORT LEBANON'S VULNERABLE COMMUNITIES
DUBAI, United Arab Emirates, Nov 12 (Bernama-GLOBE NEWSWIRE) -- Dubai Billionaire and founder of PFOAA Anosh Ahmed and its foundation announces today that it is donating ten millions of pounds of essential food to Lebanon.
“In times of hardship and recovery, no one should face hunger alone. As Lebanon heals from the recent conflict, we are standing with the most vulnerable—children and women—who have been impacted the most. This donation is a step toward bringing nourishment, hope, and dignity to those in need. Together, we can help restore not just meals, but a sense of comfort and compassion in the lives of those who need it most. May this support bring warmth and strength to those rebuilding their lives.” - Anosh AhmedAbout Anosh Ahmed
Anosh Ahmed’s remarkable rise from a modest $4,000 investment to a billionaire agripreneur demonstrates how ambition, innovation, technology, and sustainability can transform the agricultural sector. His journey is a testament to perseverance, bold risk-taking, and a vision that sees agriculture not just as a means of survival, but as a pathway to immense wealth and profound social impact. Today, Anosh is recognized as one of the largest leaseholders of agricultural land across Asia, Africa, and the Middle East.
Growing up in a farming family, Anosh was no stranger to the challenges faced by small-scale farmers—low yields, volatile markets, and unpredictable weather. Driven by a desire to change this reality, he leased 100 acres of land from the government on a 39-year agreement at just 18 years old. With a starting capital of $4,000, Anosh navigated the complexities of agriculture, integrating sustainable practices, innovative technologies, and efficient production methods. Over 22 years, his agribusiness has grown to a valuation of $1.8 billion, managing over 50 billion square feet of land and generating diversified revenue streams from farming, processed goods, agri-tech ventures, and long-term real estate leases.
Anosh remains committed to his roots. He established a foundation that provides small-scale farmers with training, technology, and financial support, alongside creating a network of farmer cooperatives to ensure fair pricing and global market access. His legacy has inspired a new generation of farmers to embrace sustainable, modern agriculture. Through workshops, documentaries, and his forthcoming autobiography, From Soil to Success, Anosh continues to share his knowledge and passion, making him a beacon of hope and transformation in the agricultural sector.
Contact-
Private Family Office
Anosh Ahmed Dubai
Grace D’Souza
Public Relations-
info@pfoaa.com
Private Family Office
Anosh Ahmed Dubai
Grace D’Souza
Public Relations-
info@pfoaa.com
SOURCE: Dr. Anosh Ahmed Foundation
--BERNAMA
Tuesday, 12 November 2024
LREIT REPORTS 11.4 PCT RETAIL RENTAL REVERSION IN 1Q FY2025
KUALA LUMPUR, Nov 12 (Bernama) -- Managed by Lendlease Global Commercial Trust Management Pte Ltd (Manager), Lendlease Global Commercial REIT (LREIT), has posted a positive rental reversion of 11.4 per cent in its first quarter (1Q) business update for fiscal year 2025 (FY2025).
LREIT, in a statement, said its portfolio committed occupancy continued to improve in 1Q FY2025 to 89.5 per cent from 89.1 per cent in the fourth quarter for fiscal 2024 (FY2024).
In the first three months of FY2025, the lease expiry profile remained well-staggered, with 6.4 per cent by net lettable area (NLA) and 12.1 per cent by gross rental income (GRI) due for renewal in FY2025.
LREIT has maintained a long portfolio weighted average lease expiry (WALE) of approximately 7.4 years by NLA and 4.7 years by GRI, respectively.
The committed occupancy for its retail portfolio remained high at 99.9 per cent, with a positive rental reversion of 11.4 per cent and a healthy tenant retention rate of 90.0 per cent as at Sept 30. Tenant sales in 1Q FY2025 continued to trend above pre-COVID-19 average levels.
Notwithstanding the high occupancy rate, the Manager stays focused on strengthening the tenancy mix and bringing in new offerings to rejuvenate the malls. New tenants brought onboard include Tims Signature, Eclaire & Savoir Cafe and Slow Green.
As at Sept 30, office tenants accounted for approximately 21 per cent of portfolio GRI with a long WALE of 12.2 years by NLA and 14.5 years by GRI.
The Manager continues to see good leasing interests for Building 3 of Sky Complex. For the quarter, committed occupancy rate for Sky Complex improved to 75.0 per cent and the Manager is in advanced negotiations with potential tenants as it continues to drive leasing of Building 3 at market rental.
Meanwhile, interest coverage ratio (ICR) as at the period end was 2.9 times, providing a sufficient buffer from its debt covenants of 2.0 times. Approximately 70 per cent of borrowings are hedged to fixed rates as at Sept 30 with a weighted average cost of debt of 3.74 per cent per annum, mainly due to the replacement of EURIBOR interest rate hedge at a higher rate in October 2023.
Moreover, LREIT achieved first position in GRESB Asia Retail (Listed) category for five consecutive years since listing for its environmental, social and governance (ESG) performance and strong leadership in sustainability.
-- BERNAMA
LREIT, in a statement, said its portfolio committed occupancy continued to improve in 1Q FY2025 to 89.5 per cent from 89.1 per cent in the fourth quarter for fiscal 2024 (FY2024).
In the first three months of FY2025, the lease expiry profile remained well-staggered, with 6.4 per cent by net lettable area (NLA) and 12.1 per cent by gross rental income (GRI) due for renewal in FY2025.
LREIT has maintained a long portfolio weighted average lease expiry (WALE) of approximately 7.4 years by NLA and 4.7 years by GRI, respectively.
The committed occupancy for its retail portfolio remained high at 99.9 per cent, with a positive rental reversion of 11.4 per cent and a healthy tenant retention rate of 90.0 per cent as at Sept 30. Tenant sales in 1Q FY2025 continued to trend above pre-COVID-19 average levels.
Notwithstanding the high occupancy rate, the Manager stays focused on strengthening the tenancy mix and bringing in new offerings to rejuvenate the malls. New tenants brought onboard include Tims Signature, Eclaire & Savoir Cafe and Slow Green.
As at Sept 30, office tenants accounted for approximately 21 per cent of portfolio GRI with a long WALE of 12.2 years by NLA and 14.5 years by GRI.
The Manager continues to see good leasing interests for Building 3 of Sky Complex. For the quarter, committed occupancy rate for Sky Complex improved to 75.0 per cent and the Manager is in advanced negotiations with potential tenants as it continues to drive leasing of Building 3 at market rental.
Meanwhile, interest coverage ratio (ICR) as at the period end was 2.9 times, providing a sufficient buffer from its debt covenants of 2.0 times. Approximately 70 per cent of borrowings are hedged to fixed rates as at Sept 30 with a weighted average cost of debt of 3.74 per cent per annum, mainly due to the replacement of EURIBOR interest rate hedge at a higher rate in October 2023.
Moreover, LREIT achieved first position in GRESB Asia Retail (Listed) category for five consecutive years since listing for its environmental, social and governance (ESG) performance and strong leadership in sustainability.
-- BERNAMA
Saturday, 9 November 2024
Perma-Pipe Lands US$15 Mln In New Project Awards In MENA, Americas
KUALA LUMPUR, Nov 7 (Bernama) -- Perma-Pipe International Holdings Inc has secured new project awards totalling US$15 million across the Middle East and North Africa (MENA) region and the Americas. (US$1=RM4.39)
In a statement, the company said it has been awarded US$6 million in new projects in the MENA region and US$9 million in the Americas, demonstrating continual improvement in the region.
These new project awards will utilise Perma-Pipe’s anti-corrosion coatings capabilities and the XTRU-THERM insulation system, a spray-applied polyurethane foam jacketed with a high-density polyethylene casing.
“Growth in all regions has been part of our overall strategy, and we are proud to see this coming together, enabling Perma-Pipe to continue strengthening its leading market position,” said Perma-Pipe President and Chief Executive Officer, David Mansfield.
These new project awards further complement the company’s backlog which has grown significantly from US$75.0 million at July 31 to over US$100.0 million currently.
The MENA projects mainly focus on district energy infrastructure in the Gulf Cooperation Council (GCC) region, while the Americas awards demonstrate the buoyancy in the Americas market and the continual strengthening of the company’s position in the United States (US) and Canada.
Perma-Pipe is a global leader in pre-insulated piping and leak detection systems for oil and gas, district heating and cooling, and other applications, has operations at 15 locations in six countries.
-- BERNAMA
Friday, 8 November 2024
Jumio’s Identity Verification Solutions To Help Riley Cillian Streamlines eKYC
KUALA LUMPUR, Nov 6 (Bernama) -- Jumio, the automated, artificial intelligence (AI)-driven identity verification, risk signals and compliance solutions provider has partnered with Riley Cillian to streamline electronic Know Your Customer (eKYC) for the social media platform’s video chat apps.
“We are proud to partner with Riley Cillian to create a positive onboarding experience for all community members and to help get them one step closer to developing meaningful in-app connections,” said Jumio vice president of APAC, Frederic Ho in a statement.
Meanwhile, Riley Cillian co-founder and chief operating officer, Leon Sun said Jumio’s advanced technology not only improves user experience by streamlining Riley Cillian’s KYC checks but also allows the company to effectively verify Arabic ID documents, which has been a challenge in the past.
“By partnering with Jumio, we can now streamline our KYC process, improve customer conversion, and ensure we meet all regulatory requirements,” added Sun.
Founded in 2014 and now based in Singapore, Riley Cillian’s mission is to build the best live video chat platform and facilitate meaningful connections across cultures, languages and borders in a respectful, fun and safe way.
Riley Cillian’s social apps are available in more than 100 countries and have been downloaded over 100 million times.
When looking for an eKYC provider, they wanted to work with a solution that provided ease of use no matter where in the world its members want to create an account.
Jumio offers the most comprehensive identity verification solutions on the market, accepting and reliably verifying more than 5,000 types of government-issued IDs globally, including many with non-Latin script, which will enable Riley Cillian to scale its onboarding process.
-- BERNAMA
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