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Page 3 - உலகம் வங்கி சர்வதேச நிதி நிறுவனம் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Li-Backed Hyphen Taps Goldman Sachs to Explore Funding Options

Li-Backed Hyphen Taps Goldman Sachs to Explore Funding Options Manuel Baigorri, Bloomberg News Richard Li in Hong Kong in 2017. Photographer: Paul Yeung/Bloomberg , Bloomberg (Bloomberg) Hyphen Group, a financial technology firm backed by Hong Kong billionaire Richard Li, is exploring funding options including a listing via a special purpose acquisition company and a private fundraising, according to people familiar with the matter. Hyphen is working with Goldman Sachs Group Inc. to review strategic alternatives and has received interest from potential investors, the people said, asking not to be identified because the matter is private. A transaction could value the company at more than $500 million, the people said.

AMDC, Enugu Partner to Deliver 750 Housing Units

Emma Okonji In its quest to lower the entry barrier to home ownership for middle-to-low-income Nigerians, Alpha Mead Development Company (AMDC), has partnered Enugu State government to develop 750 affordable housing units for civil servants in the state. The estate, Coal City View Satellite Estate will comprise of one, two and three-bedroom housing units; and will come with social and economic infrastructure such as schools, shopping mall, medical centres, security, and 24 hours water and power. Speaking during a courtesy visit by the board and management of Alpha Mead Group recently, the Enugu State Governor, Ifeanyi Ugwuanyi commended Alpha Mead for the role it is playing in the affordable housing space and how the development team has demonstrated capacity since the groundbreaking on the Coal City View Estate five weeks ago.

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