The Chairman of Cedrus Investments (“Cedrus”), Mr. Rani Jarkas, is invited to speak at the 121 Tech Investment conference to be held on 13th – 14th June 2018 in Hong Kong.
The Belt and Road Initiative creates a US$5 trillion infrastructure spending spree that spans over 68 countries across Asia, the Middle East, Europe, and Africa. Billions will be spent on ports, roads, railways, power plants, and will serve as an ongoing stimulus for commodities such as iron ore, coal, copper, crude oil and minor metals.
Citigroup Inc. reported the Belt and Road Initiative is backed by about US$900 billion worth of investments and has the potential to generate about 120 million tons of crude steel demand. This number is more optimistic to 150 million tons according to BHP published report in 2017.
Rani Jarkas, Chairman of Cedrus Investments, also commented during an interview by CNBC that the Belt and Road Initiative now is at the initial stage and has been starting to bring a huge demand boost for steel and iron ore.
This represents a great opportunity for international businesses to supply, support and partner with Chinese and other international mining companies as this massive development takes shape. For example, Australian mining businesses have experience, expertise and technology garnered from their mining industry across a very large country will prove valuable mining projects along the BRI.
The Chairman of Cedrus Investments (“Cedrus”), Mr. Rani Jarkas, is invited to speak at the 121 Oil & Gas Investment conference to be held on 2nd – 3rd May 2018 in Hong Kong. The event has been served as a platform for leading energy companies and sophisticated investors worldwide to network and interact, thus potentially creating more investment and development opportunities for all participants alike.
Mr. Rani Jarkas will be sharing with executives of participating oil & gas companies as well as elite investors his thoughts on investment opportunities pertaining to China’s Belt and Road initiative, aiming at exploiting new regional focuses in addition to broader markets where oil & gas companies and investors could collaborate to incentivize further growth in the oil & gas industry overall.
Mr. Rani Jarkas said, “The Belt and Road Initiative direct oil & gas companies and investors to a new geographical area for investment and helps form a link among countries in the region based on oil & gas development. Through the combination of incoming capital and technology with local resources, vast investment opportunities could be created to invigorate and further upgrade the oil & gas industry in that area, and likely bring considerable financial benefits to involved companies and investors, especially when many countries along the ancient Silk Road routes are abundant with oil and gas reserves. What Cedrus has been doing is to assist industry participants to identify the potentially most-rewarding investment opportunities based on our local knowledge and network accumulated through continued involvement in projects in Belt and Road countries as well as our deep industry expertise.”
About Cedrus Investments
Cedrus Investments is a global boutique investment firm that offers expertise in private wealth management, asset management and financial advisory services to a clientele of leading institutional investors, corporations, family offices and high net worth individuals around the world.
SOURCE Cedrus Investments
For further information about Cedrus Investments, please visit www.cedrusinvestments.com.
Cedrus Investments Ltd.
NOVOGEN TO ESTABLISH CHINA ENTITY TO FURTHER COMMERCIALISATION AND PARTNERSHIPS IN WORLD’S SECOND-LARGEST PHARMACEUTICAL MARKET
Sydney, 13 November 2017 – Novogen Ltd (ASX: NRT; NASDAQ: NVGN), an Australian oncology drug development company, announces today that it has entered into a Letter of Intent with Cedrus Investments Ltd for advisory services in order to establish a corporate structure focused on expansion into the Greater China region.
• Following initial face-to-face discussions with third parties in China, Novogen has signed Letter of Intent with Cedrus Investments, a leading specialist investment bank based in Hong Kong, for advisory services in order to establish a corporate structure and operations in the People’s Republic of China
• Novogen entity will be a Wholly Foreign Owned Enterprise (WFOE), initially with minimal infrastructure, to serve as administrative unit for China expansion
• Key objective will be to further explore partnerships and commercialization opportunities in China over a medium- to long-term horizon
• China is the world’s second-largest pharmaceutical market, with approximately US$ 116.7 billion in annual sales, and an annual growth rate of 12.4% (per QuintilesIMS Market Prognosis, October 2016)
The new corporate entity will enable Novogen to interact directly with the Chinese Food and Drug Administration (CFDA) for future clinical trials of its pipeline in China, and will facilitate potential partnering and investing opportunities for the company.
The Letter of Intent defines the key terms of the proposed establishment, with most of the work expected to be conducted in the first half of calendar 2018, subject to execution of definitive agreements. It is expected that the Chinese entity will be a Wholly Foreign Owned Enterprise (WFOE), headquartered in Shanghai.
Novogen CEO, Dr James Garner, commented, “China is a key market for pharmaceutical companies, and over the last few months we have been actively exploring opportunities to engage with Chinese companies, researchers, and investors to support the development of Novogen’s current and future pipeline there. The team at Cedrus Investments have been helping global companies best position themselves to identify and work with investors and business partners in the Greater China region, and are highly experienced in navigating the complex regulatory requirements in China. We are pleased to be working with them on this important project. The new corporate structure will put us in a stronger position to capitalize on opportunities in China over the medium term.”
In addition to its Australian operations and the intended China operation, Novogen also has a US-based corporate entity, Novogen North America, Inc.
The significance of a clean economy
Clean technology is based on the principles of biology, resource efficiency and second generation concept in basic industries.
The concept of clean technology refers to any process, product or service that helps to improve energy efficiency, sustainable use of resources or active environmental protection. This technology is very widespread, it is related to recycling, renewable energy, green transport, green chemistry and much more.
The clean technology is oriented to the transfer of energy sources from coal or other fossil fuels to solar power sources or hydroelectric power plants. It can be said that clean technology projects are actually renewable energy projects with good predispositions for future widespread use. Also, the goal is to reduce the total carbon emissions in the air so that the environment would be cleaner.
Rani Jarkas, who has a successful experience in the field of life sciences, points out that it is important to invest in clean technology, in order to achieve a better quality of life for all living beings on the planet.