Latest news with #sustainableFinance
South China Morning Post
19-05-2025
- Business
- South China Morning Post
Hong Kong offers vital linkages in aiding Qatar-China investment growth, bank says
Hong Kong can become a link for cross-border capital flows between Qatar and China, creating opportunities for investors in renewable energy and technology, digital currency and sustainable finance, according to a top executive at Standard Chartered. 'Mainland China has a market, Hong Kong has a big toolbox, and if you have a vision and want to invest, the three of us together should be a good match,' Mary Huen Wai-yi, the bank's CEO of Hong Kong, Greater China and North Asia, said in a briefing on Thursday, after returning from a government-led business promotion trip. As Qatar wants to diversify its economy by reducing its dependence on oil and gas, Huen said cross-border trades with China in new energy, financial services and technology were expected to increase. Investors could benefit from Hong Kong's deep capital market and connectivity with mainland China, she added. Hong Kong Chief Executive John Lee Ka-chiu led a business delegation to Qatar and Kuwait last week to deepen trade links with the Middle East amid a US-China tariff war. Huen was among 50 top executives and entrepreneurs from Hong Kong and mainland China on the trip. Middle East businesses were interested in China's power in artificial intelligence and other technology capabilities, Standard Chartered's Huen says. Photo: Jonathan Wong Qatar's GDP per capita of US$121,610 is among the largest in the economies in the region, thanks to its huge oil and gas reserves, according to the International Monetary Fund. Its wealth fund Qatar Investment Authority is the eighth largest globally with US$510 billion of assets, according to data compiled by Global SWF. China's capabilities in artificial intelligence and other technologies drew interest from Middle East investors, Huen said, citing discussions held during the trip. These include flying cars as Chinese carmakers jostle to build early advantage in the low-altitude mobility economy.
Malay Mail
07-05-2025
- Business
- Malay Mail
His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan acquires Warrants of Diginex Limited to Purchase 6.75 Million Ordinary Shares of Diginex for USD$300 million via a Private Transaction
LONDON, UNITED KINGDOM - Media OutReach Newswire - 7 May 2025 - Diginex Limited ("Diginex") (NASDAQ: DGNX), a global leader in ESG sustainable RegTech, is pleased to announce that His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan, a member of the Abu Dhabi Royal Family, has purchased warrants to purchase 6.75 million Ordinary Shares of Diginex (the "Warrants") in a private transaction for a consideration of USD 300 million. This significant investment underscores Diginex's deepening ties with the United Arab Emirates (UAE) and reinforces its position as a frontrunner in driving sustainable finance and innovation on a global scale. In the event that His Highness exercises all of the Warrants, Diginex will receive approximately USD$69.2 million upon the exercise of the Warrants to acquire 6,750,000 ordinary shares of Diginex and His Highness will become ~22.7% holder of Diginex 's outstanding ordinary shares (assuming no change to Diginex outstanding ordinary shares as of today).His Highness purchased the Warrants through his solely owned investment holding company, Nomas Global Investments L.L.C – S.P.C ("Nomas Global"), from Rhino Ventures Limited ("RVL"), the solely owned investment holding company of Miles Pelham, Chairman and Founder of has confirmed receipt of the USD$50 million initial consideration, and the Warrants have been conveyed, assigned and transferred to Nomas Global by Diginex effective today, 6th May 2025. Under the terms of the private transaction Nomas Global is obligated to tender the balance of USD$250 million consideration to RVL on or before 31st December Warrants consist of 3 tranches of warrants as follows:(a) a warrant to purchase 2,250,000 Ordinary Shares, exercisable at a price of US$8.20 per share and these warrants expire 15 months after January 23, 2025, and;(b) a warrant to purchase 2,250,000 Ordinary Shares, exercisable at a price of US$10.25 per share, and these warrants expire 18 months after January 23, 2025, and;(c) a warrant to purchase 2,250,000 Ordinary Shares, exercisable at a price of US$12.30 per share, and these warrants expire 24 months after January 23, acquisition follows the strategic alliance announced on March 17, 2025, between Diginex and Nomas Global, which included plans for a dual listing of Diginex's ordinary shares on the Abu Dhabi Securities Exchange (ADX) and a potential capital raise of up to USD 250 million. This latest move solidifies Diginex's commitment to the UAE, and continues the Emirate's role at the forefront of sustainability and economic diversification, and enhances its capacity to lead transformative change in the global sustainability landscape."We are honored to welcome His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan as a key stakeholder," said Miles Pelham, Chairman of Diginex. "This investment is a powerful testament to our shared vision of leveraging cutting-edge technology to address sustainability challenges. With this deepened alliance, Diginex is poised to accelerate its growth in the UAE and the broader GCC region, while continuing its work to set the standard for sustainable finance worldwide."His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan, a visionary leader committed to advancing sustainability and innovation in the UAE, expressed his confidence in Diginex's mission. "This acquisition reflects my belief in Diginex's potential to drive meaningful impact in sustainable finance, both in the UAE and globally. By combining our resources and expertise, we are building a future where technology and sustainability go hand in hand to create a lasting and sustainable prosperity."Diginex stands at the forefront of ESG technology, leveraging its innovative platform to redefine sustainable finance on a global scale. By integrating advanced blockchain, artificial intelligence, and data analytics, Diginex empowers businesses and governments to enhance transparency and efficiency in environmental, social, and governance ("ESG") reporting, supporting 17 international frameworks such as GRI (the "Global Reporting Initiative"), SASB (the "Sustainability Accounting Standards Board"), and TCFD (the "Task Force on Climate-related Financial Disclosures"). This cutting-edge approach has positioned Diginex as a trusted partner for organizations seeking to align with evolving sustainability standards, while its award-winning RegTech solutions drive actionable insights for climate action and corporate responsibility. Committed to the growth of sustainable finance, Diginex is expanding its influence worldwide, exemplified by strategic relationships like its collaboration with His Highness Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan in the UAE, where it aligns with regional goals like Vision 2030 and Net Zero by more information or to schedule a demo, visit Hashtag: #Diginex The issuer is solely responsible for the content of this announcement. About Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan A visionary leader within Abu Dhabi's Royal Family, Shaikh Mohammed Bin Sultan Bin Hamdan Al Nahyan is committed to advancing economic diversification, sustainability, and innovation in the UAE. Through strategic investments and partnerships, he continues to play a pivotal role in shaping the nation's future. About Diginex Limited Diginex Limited (Nasdaq: DGNX; ISIN KYG286871044), headquartered in London, is a sustainable RegTech business that empowers businesses and governments to streamline ESG, climate, and supply chain data collection and reporting. The Company utilizes blockchain, AI, machine learning and data analysis technology to lead change and increase transparency in corporate regulatory reporting and sustainable finance. Diginex's products and services solutions enable companies to collect, evaluate and share sustainability data through easy-to-use software. The award-winning diginexESG platform supports 17 global frameworks, including GRI (the "Global Reporting Initiative"), SASB (the "Sustainability Accounting Standards Board"), and TCFD (the "Task Force on Climate-related Financial Disclosures"). Clients benefit from end-to-end support, ranging from materiality assessments and data management to stakeholder engagement, report generation and an ESG Ratings Support Service. For more information, please visit the Company's website:
