Latest News for: Cayman islands offshore


Chinese market still attractive for foreign investment

China Daily 29 Nov 2023
The impact of offshore IPOs ... Offshore listings by Chinese companies may have a huge impact on direct investment reported in the BOP ... These offshore entities, often set up in the Hong Kong Special Administrative Region or the Cayman Islands, obtain financing through IPOs or other means and then invest back in the Chinese mainland's onshore entities.

Siem Offshore lines up long-term extensions for well intervention vessels at bumper rate

Splash24/7 24 Nov 2023
The Cayman Islands-incorporated firm with its main offices in Kristiansand, Norway has inked a letter of intent with Houston-based offshore energy services company Helix Energy Solution for charter ...

Ben Dunne: Without Florida arrest, would underbelly of business and political life in Ireland have been revealed?

The Irish Times 19 Nov 2023
Dunne’s cocaine-fuelled episode set off a chain of events which were to shock the Irish public through work of two tribunals of inquiry and the uncovering of offshore accounts in the Cayman Islands.

A rush for Lithium in Africa risks fuelling corruption and failing citizens

Sierra Leone Telegraph 16 Nov 2023
Global Witness ... CREDIT ... CREDIT ... The Sentry alleged that Tagwirei had built his mining portfolio by “hiding behind South African businesspeople and offshore structures in Mauritius and the Cayman Islands” and had “used similar networks to hide his financial interests in Zimbabwe’s new public-private partnership mining company, Kuvimba Mining House” ... .

Global Coalition Of 50 Nations Vows Rapid Adoption Of Crypto Reporting Framework

CoinGape 10 Nov 2023
However, while the list of pledging countries encompasses all 38 OECD member states and financial offshore centers like the Cayman Islands and Gibraltar, notable exclusions raise questions about the comprehensive global reach of the initiative.

Breaking: OneCoin Executive Guilty in Crypto Fraud Case

CoinGape 09 Nov 2023
This development is a notable stride in the legal battle against the fraudulent cryptocurrency scheme, leading to $4 billion in investor losses ... Moreover, Dilkinska’s role was crucial in the fraudulent movement of around $110 million to an offshore entity in the Cayman Islands, a stark contradiction to her job title ... Read Also ... ....

Vantage Drilling International Reports Third Quarter Results for 2023

Enid News & Eagle 09 Nov 2023
HOUSTON, Nov ... Mr ... “As always, we would not be in this position without the hard work and dedication of our onshore and offshore personnel and the continued support from our clients”. Vantage, a Cayman Islands exempted company, is an offshore drilling contractor, with a fleet of two ultra-deepwater drillships, and two premium jackup drilling rigs ... .

IOC acquires Mercator Petroleum for Rs 148 crore

Financial Express 05 Nov 2023
MPL has an onland oil and gas exploration block located in Cambay Basin, Gujarat ... Also ReadIOC Q2 profit at Rs 12,967 crore; H1 numbers top best-ever annual earning ... Cayman Island-based oil services company Halliburton Offshore Services Inc had initiated insolvency proceedings in August 2021 after Mercator defaulted on payment of Rs 2.87 crore ... .

Dignity boss steps up with FREE funerals for 800 victims of Safe Hands fiasco

This is Money 04 Nov 2023
When my elderly Aunt Fay, my mother's sister, was in her final illness, she had one abiding concern.� ... With most of the funds disappearing offshore to the Cayman Islands and elsewhere, Safe Hands and its founders are now under investigation by the Serious Fraud Office ... When Safe Hands crashed, Wood stepped in to do the right thing ... ....

Baiya International Files for IPO

Market Watch 31 Oct 2023
The offshore holding company incorporated on the Cayman Islands said in a Securities and Exchange Commission filing that it plans to offer 3 million shares at an ...

Vantage Drilling International Schedules Third Quarter 2023 Earnings Release Date and ...

The Eagle-Tribune 27 Oct 2023
HOUSTON, Oct ... Vantage will release earnings before the market opens on November 9, 2023 ... Please call five minutes ahead of time to ensure proper connection ... Vantage Drilling International, a Cayman Islands exempted company, is an offshore drilling contractor, with a fleet of two ultra-deepwater drillships and two premium jackup drilling rigs ... Tel ... .

Here’s Why This Wall Street Expert Believes XRP Is Very Bullish

NewsBTC 20 Oct 2023
XRP Milestone Could Spark A Bullish Run ... Linda Jones took to her official X (formerly Twitter) handle to express her viewpoint on XRP’s future ...Linda P ... In the post, Linda anticipates that leading investment firms could be investigating jurisdictions that are familiar with hedge funds and offshore funds, such as the Cayman Islands or Bermuda ... .

The tax haven, the PO box, the tropical island: Who owns Australian soccer

Sydney Morning Herald 17 Oct 2023
The A-Leagues’ major shareholder owns its stake in Australian professional soccer via a series of offshore tax havens, including an infamous PO box in the Cayman Islands ....

Evergrande bankruptcy fears spark a bank run in China

Asiatimes 14 Oct 2023
The report said Evergrande had delivered about 90 billion yuan of dividends to its shareholders over the past many years while the couple received a majority of it through their offshore companies registered in the British Virgin Islands and the Cayman Islands.

Funeral plan provider that collapsed last year leaving thousands with worthless arrangements is investigated by ...

The Daily Mail 11 Oct 2023
It means many face the prospect of losing most of the money they gave to Safe Hands. FRP has discovered that a ‘significant proportion’ of trust fund assets were invested offshore by a company called Navigator. The Cayman Islands firm then lent £28.7million of the trust fund money back to SHP Capital prior to Safe Hands going into administration ... .