A total of 95 Malaysian investors took part in the Indonesia Investment Forum which was co-organized by the Ministry of Investment/Investment Coordinating Board (BKPM) of Republic of Indonesia and the Consulate General of the Republic of Indonesia (KJRI) Penang in Penang, Malaysia, Tuesday. Promotion Director for Southeast Asia, Australia, New Zealand and the Pacific Region of the Ministry of Investment/Investment Coordinating Agency (BKPM) Saribua Siahaan said, “The ministry together with the Indonesian Consulate General in Penang received information that many potential investors in Malaysia were interested in investing in Indonesia, particularly, in Medan, North Sumatera and in Indonesia’s New Capital…
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Guiding entrepreneurs through maturing ecosystem Seeking a balance between the youthful enthusiasm of start-ups and steady performance of established firms has become a key issue for Hong Kong, as its entrepreneur ecosystem matures. The HKTDC Entrepreneur Day (E-day) and Start-up Express International, organised by The Hong Kong Trade Development Council (HKTDC) and held at the Hong Kong Convention and Exhibition Centre (HKCEC), brought together industry leaders, experts, start-ups and participants to discuss the shift towards sustainable and inclusive growth within the international start-up universe and how start-ups can address the pressing challenges of the post-pandemic era. The three-day E-Day ran…
Trading data shows that seven preeminent market makers engaged in market manipulation via spoofing to drive down Northwest Biotherapeutics’ stock prices as the company worked to raise funds to bring breakthrough cancer treatments to market Today, Northwest Biotherapeutics (OTCQB:NWBO) filed a lawsuit against some of the largest and most influential market makers in the world, including Citadel Securities LLC, Canaccord Genuity LLC, G1 Execution Services LLC (a subsidiary of Susquehanna International Group), GTS Securities LLC, Virtu Americas LLC (including Knight Securities), Instinet LLC, and Score Priority Corp, alleging repeated manipulation of the company’s stock over five years. Northwest Biotherapeutics, a…
Allowing business customers to prove that user withdrawals to non-custodial wallets are compliant with new regulatory standards Blockpass, the identity verification provider, announces a vital new service being launched to help businesses conform to new regulatory standards. With the release of Unhosted Wallet KYC(TM), companies are able to remain compliant with new regulatory laws that are coming into play globally in 2023. Unhosted or ‘non-custodial’ wallets are those for which individuals, rather than financial organizations, control the keys. Whilst many prefer to keep control over their own wallets given the variety of issues with businesses such as exchanges or trading…
Austral Gold Limited (ASX: AGD) (TSXV: AGLD) (“Austral”) is pleased to announce that it started its first drilling program on 30 November 2022 at the Jaguelito project located in the El Indio Belt, San Juan – Argentina, close to the Veladero mine and the Alturas project. The drilling program is pursuant to the option agreement (the “Agreement”) with Mexplort Perforaciones Mineras SA (“Mexplort”) announced on 11 February 2022 whereby Austral may acquire a 50% interest in the Jaguelito project by performing the following work commitments within the next four years: – US$2 million in exploration expenditures, including drilling a minimum…
Welcome to this edition of 101 article exploring one of the staking coins on Moonstake. This time, we’ll be looking at Avalanche and its native coin AVAX which has grown rapidly since its inception just a few years ago and is in the list of the most popular cryptocurrencies on the market. What Makes Avalanche Unique? Launched in September 2020, Avalanche is a Layer-1 blockchain that functions as a platform for dApps and custom blockchain networks. As a rival to Ethereum, Avalanche aims to dethrone it as the best blockchain for smart contracts with its impressive 4,500 TPS (transactions per…
Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the “Company” or “Palladium One”) is pleased to announce a brokered private placement of up to 15,000,000 units of the Company issued on a charity flow-through basis (the “Charity FT Units”) at a price of $0.20 per Charity FT Unit (the “Charity FT Issue Price”) for gross proceeds of up to $3,000,000 (“Offering”). Each Charity FT Unit will consist of one common share of the Company to be issued as a “flow-through share” within the meaning of the Income Tax Act (Canada) (each, a “Charity FT Share”) and one-half of…
India’s biggest & most-exclusive furniture fair will see Inegöl Furniture Manufacturers Association along with the cream of the Turkish furniture manufacturing industry, coming together with their Indian counterparts to set footprints into the burgeoning Indian furniture market. The three-day fair taking place from 2nd, 3rd & 4th December 2022, at the International Expo Centre, Noida, will be open for all visitors for free from 9 AM to 6 PM on all three days. IIFF is an excellent platform for facilitating Turkey-India trade relations and it can play an important role in introducing Turkey’s furniture expertise to the Indian market. At IIFF, Mr.Osman…
The 39th global edition of World AI Show, held in Mumbai, had a significant impact on the future of the Indian AI ecosystem. Leading Indian tech mavens convened at The Leela in Mumbai to discuss how AI, ML, IA & Robotics will be adopted by Indian businesses in the coming years. One of the conference’s most prominent discussions was the panel on “Tactical to Transformative.” The panel which consisted of Nitin Mittal, President & Group CTO, Zee Entertainment Industries, Rucha Nanavati, CIO, Mahindra Group, Krishnan Venkateswaran, CDIO, Titan Company Limited, Moumita Sarker, Director, Deloitte India was moderated by Ninad Raje, Director & CIO, HealthAssure addressed a broad…
It was recently known to us that Wuling Motors (HKG:0305) had completed the capital increase into Wuling New Energy. Wuling Motors, capitalized from the restructuring as an important participant, will expedite its in-depth deployment in the field of new energy vehicles in promoting a robust and comprehensive development in the new energy business. After the restructuring, Wuling New Energy would integrate the resources from the group companies of Wuling Motors and focuses on R&D, manufacturing, and sales of new energy vehicles. According to public information, Wuling New Energy has a respectable performance in the domestic market. At present, it has…
Argus Research Co (Argus) issues Equity Research Report on Society Pass Incorporated (SoPa) (Nasdaq: SOPA), SEA’s leading data-driven loyalty, fintech and e-commerce ecosystem. Click here to view the full Argus Research Co Equity Research Report. https://tinyurl.com/ycxymnxz Summary Points: Compelling fair value valuation. Applying a 4 times revenue multiple to its 2023E revenue run-rate forecast of $60 mn, adjusting for $23 million in net cash and estimating share count of 34 mn at 2023E, Argus arrives at a fair value estimate for SOPA of $7.50 per share. Breakout year on year revenue growth in 3Q 2022. 3Q 2022 revenues were $2.1 mn,…
Blockpass, the identity verification provider, is excited to announce a vital new service being launched to help businesses conform to new regulatory standards. With the release of Unhosted Wallet KYC(TM), companies are able to remain compliant with new regulatory laws that are coming into play globally in 2023. Unhosted or ‘non-custodial’ wallets are those for which individuals, rather than financial organizations, control the keys. Whilst many prefer to keep control over their own wallets given the variety of issues with businesses such as exchanges or trading platforms hosting them over the years, there is an inherent risk that those trading…
We are excited to announce that the 2023 Edition of Smart Digital Retail will be hosted on February 23rd, 2023 in SMX Convention Center Manila. You can expect to see even more senior profile delegates, more refreshing discussions and discover all redesigning business plans, processes and new technologies that will unlock new ways of running a retail business in the Philippines. The retail sector in the Philippines has been facing challenging times in the study period, which worsened due to the sudden COVID-19 pandemic. The majority forms of physical retail, including supermarkets and convenience stores, hypermarkets, specialty stores, department stores,…
Boosts the Development of ITAI Business Cooperates with Government to Develop Intelligent Manufacturing Industrial Park Project IBO Technology Company Limited (IBO Technology, or the Company, together with its subsidiaries, the Group; HKG: 2708) is pleased to announce its unaudited interim results for the six months ended 30 September 2022 (the Period). To promote the business development of Information Technology Application Innovation Information (ITAI) and seize the industry golden opportunities, the Group cooperated with the People’s Government of Fucheng District, Mianyang City, Sichuan Province (Fucheng District People’s Government) during the Period to develop an intelligent manufacturing industrial park project. During the…
Prenetics Global Limited (NASDAQ: PRE) (Prenetics or the Company), a global leader in genomic and diagnostic testing, today announced that its board of directors has authorized a share repurchase program, and that it has been included as a constituent stock in the MSCI Global Micro Cap Index (Hong Kong), with such inclusion to become effective after the U.S. market close today. Board Approval of Share Repurchase Program The Company’s board of directors has authorized a share repurchase program under which the Company may repurchase its class A ordinary shares with an aggregate value of up to US$20 million during a…
JE Cleantech Holdings Limited (Nasdaq: JCSE), (“the Company”) a Singapore-based cleantech company, today announced encouraging Q3 financial results, for the three months period ended 30 September 2022 (the “reporting period”). During the reporting period, the Company has maintained strong growth in its overall business performance with revenue that more than doubled and a strong turnaround in net income. For the three months period ended September 30, 2022, the Company’s total revenue increased by approximately S$3.5 million or 141.8% to approximately S$5.9 million from approximately S$2.4 million in the quarter ended September 30, 2021. The increase was mainly derived from the…
Company sees LBT narrow by 65.3% and revenue contribution from manufacturing increase by 26.8% Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Company registered a 14.5% increase in revenue to RM30.3 million for the first quarter ended 30 September 2022 (1Q FY2023) compared with RM26.5 million in the corresponding quarter of the previous financial year (1Q FY2022). For the quarter under review, SCIB’s loss before tax (LBT) narrowed by 65.3% to RM942,000 compared with LBT of RM2.7 million in 1Q FY2022. On a segmental basis, revenue contribution from manufacturing increased 26.8% to RM24.2 million in 1Q…
Group to focus on diversifying customer base while improving manufacturing efficiency and expanding to overseas markets. Yew Lee Pacific Group Berhad, a manufacturer of industrial brushes as well as trading of industrial hardware and machinery parts, today announced that the Group recorded revenue of RM6.10 million for the third quarter ended 30 September 2022 (3Q FY2022). There are no comparisons on a year-over-year basis as the Group was listed on the ACE Market of Bursa Malaysia Securities Berhad on 7 June 2022. For the quarter under review, Yew Lee reported gross profit of RM2.12 million while registering profit before tax…
Inaugural ‘Start-up Express International’ gets international and local start-ups talking The Hong Kong Trade Development Council (HKTDC) announces the launch of Entrepreneur Day, a three-day (30 November to 2 December) event with the theme of ‘Balance Beyond the Boom’. Packed with a hybrid mix of online and physical seminars and exhibitions, the event explores a diverse range of developments in the global entrepreneurial ecosystem. Through forums, exhibitions, workshops, and networking events in the “Start-up Arena”, industry leaders, experts, start-ups and participants learn how to achieve business success in the post-pandemic world. The first-ever “Start-up Express International” will also be held…
AssetWise PCL (SET: ASW), a leading real estate developer for lifestyle with the ‘We Build Happiness’ concept, announced its continued partnership with Japanese real estate giant Takara Leben to co-develop Kave Seed Kaset, a new campus condominium project valued at 1.35 billion baht on a high potential location along the commuter train route near Kasetsart University. This development is testament to the confidence in the capabilities of AssetWise and in the project, combining Takata Lebun’s credentials and expertise in the development of real estate projects with ASW’s strength in meeting lifestyle needs through the creation of projects that fulfill the…