November 18, the joint venture battery factory by Gotion High-Tech and Vietnam VinGroup was officially opened in Vietnam Ha Tinh Economic Development Zone. The project is expected to achieve an annual production capacity of 5GWh, scheduled to be in operation by the end of 2023, which is the first LFP battery factory in Vietnam. The factory was jointly invested by Gotion High-tech, and VinES (a member of VinGroup). Gotion High-tech holds 51% of the shares and VinES holds 49%. According to the plan, The project has a scale of 14 hectares with a design capacity of 5GWh/year and is expected…
Author: Marie Jones
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L’Oreal Groupe, together with Hotel Shilla and Anchor Equity Partners, is launching a newly created luxury beauty brand ‘SHIHYO’ through Loshian, a third-party joint venture. This is the first time L’Oreal is launching a new beauty brand through a joint venture. SHIHYO, which means “the wisdom of time,” is a newly created skincare beauty brand inspired by the Asian wisdom of the 24 seasons. SHIHYO embodies the healthy energy of nature, powered by herbal sciences. The new brand is based on the naturality of 24 herbal ingredients harvested at the peak of each season, combined with proven efficacy based on…
The Relevant Shareholders[1] of Kitchen Culture Holdings Ltd. (Kitchen Culture or the Company) refer to the EGM which will be convened on Friday, 25 November 2022 at 9.00 a.m. to be held by way of electronic means in relation to the proposed removal of 5 existing directors and the appointment of 5 new directors. The Relevant Shareholders advise shareholders of the Company (Shareholders) not to be discouraged by any statement issued by the Company about the validity of the EGM or seeking to persuade them not to attend the EGM. The EGM will proceed with or without the cooperation of…
Kitchen Culture Holdings Ltd. (Kitchen Culture or the Company) said today that a second attempt to convene an Extraordinary General Meeting (Second Intended EGM) to remove 5 of 6 directors next week is defective and invalid for non-compliance with the Companies Act 1967 and the Company’s Constitution. Kitchen Culture had sought legal advice and had since early November 2022 been writing to lawyers representing OOWAY Group Ltd. (“OOWAY”) who in turns representing a group of 7 other shareholders (8 aforementioned shareholders collectively, the “Requisitioners”) who had published an advertisement in The Business Times on 3 November 2022 calling for the…
Gradually Expands the Greater Bay Area Business and Successfully Establishes Headquarters in Greater Bay Area China Wantian Holdings Limited (China Wantian Holdings or the Group; HKG: 01854.) announces its unaudited interim results for the six months ended 30 September 2022 (the Reporting Period). Following the completion of the general offer in August 2021, the Group has officially stepped towards a new milestone by setting up business operation points in Shenzhen city and Zhongshan city, as well as establishing its headquarters in the Guangdong-Hong Kong-Macao Greater Bay Area (the Greater Bay Area) to expand its business in the region. The year…
November 25th, 2022 sees the arrival exclusively in retail stores of a new generation of music distribution, the pairing of vinyl records and NFTs. The Gold Album for this year’s Christmas “Must Have” is the “Old is Gold” vinyl Christmas Album. A priceless, timeless collection of the Christmas tunes we know and love. This one-of-a-kind Christmas offering is derived from a catalog of historical remastered classics such as “The Christmas Song” performed by Bing Crosby, “Have Yourself a Merry Little Christmas” by Rosemary Clooney, “Winter Wonderland”‘ by, Faron Young, and “I Saw Mommy Kissing Santa Claus” by Bobby Sherman amongst…
eDriving(SM), a Solera company and leading global provider of digital driver risk management solutions, today announced a partnership with Greater Than (GREAT:ST), the global provider of technology that converts GPS data into powerful insights and driver scores. Through the collaboration, eDriving will integrate Greater Than’s EcoScore into a new feature in its award-winning digital driver safety app Mentor(SM). The new feature, to be named EcoDrive powered by Greater Than, enables eDriving to further support its global clients in achieving their sustainability goals. Revolutionising driver risk management for over 25 years, eDriving is the trusted partner of choice for many of…
Maxim Group LLC (“Maxim”) 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 Maxim Group LLC Equity Research Report. https://maxim.bluematrix.com/sellside/EmailDocViewer?encrypt=eb2534e9-6164-47b7-a389-c2efe2f9983d&mime=pdf Summary Points: – Positive view of early stages of building SEA ecommerce company. Luxury store, Leflair provides luxury goods online. Additional businesses include online delivery companies Handycart and Pushkart (bought during 1Q22), as well as Gorilla Networks, a telecom MVNO (early June 2022). During 3Q22 the company acquired Thoughtful Media, a digital influencer, Mangan.ph, restaurant delivery, and NusaTrip, an online travel agency. SoPa will launch…
IAFOR, ESG-IREC, and VRC in a Symposium exploring ESG, Sustainability, and The Value Model Opening the COP27 Conference, UN Secretary-General Antonio Guterres chided world leaders about their ongoing inaction, warning that immediate, real and tangible action is required to address the climate crisis, or “we are on the highway to hell, with our foot on the accelerator.” According to Prof. Philip Sugai, Director of the Value Research Center (VRC) in Kyoto, Japan, “Corporations are now pressed to answer to a more diverse group of stakeholders, and while there are more than a hundred different types of ESG (Environment, Social, and…
In today’s ecommerce landscape, brands and retailers are expected to have a multi-channel presence in key platforms – from marketplaces, social media,direct-to-consumer channels and more. A flurry of simultaneous activities is required to capture and engage with audiences in today’s e-commerce landscape – from employing influencers, producing live streams, launching flash sales, or competing in mega-day sales, the e-commerce market is saturated with opportunities. The challenge most brands are facing, however, is not knowing which platforms are best suited for their brands and managing large-scale operations, eventually taking their focus from business growth. Ando, a popular brand of sandals and…
In order to elevate the relationship between academia and industry, SMEStreet Foundation and the World University of Leadership & Management, France have collaborated. This collaboration is expected to highlight Indian entrepreneurial and social leaders so that their professional experience can become a benchmark at a global level. India’s success story is becoming stronger and stronger at the global level. The importance of Indian-origin entrepreneurs and professionals have become visible at almost every level. On such backdrop, MSMEs and Startups from India are also becoming well-acknowledged globally. “With this collaboration, we aim to provide a credible global platform for India’s entrepreneurial…
The energy transition process must take place in order to maintain sustainability, chair of the Energy, Sustainability, and Climate Business 20 (TF ESC-B20) Task Force, Nicke Widyawati, has said. During a “BloombergNEF (BNEF) Net Zero Summit” discussion initiated by the Coordinating Ministry for Maritime Affairs and Investment and the Asia Natural Gas and Energy Association (ANGEA), Widyawati, who is also the CEO and president director of state-owned energy company Pertamina, said that the energy transition process is a part of B20 activities. During the discussion, she emphasized that the energy transition cannot be achieved in a short time. “The process…
As cryptocurrencies continue to dominate the news, more and more people are interested in hearing the ‘real deal’ from veteran insiders. However, many don’t know where to start, especially when experts are using unfamiliar terms like “altcoin,” “Web3,” and other jargon. Experienced investors in the crypto market want to level the playing field and pave the way for new investors. Such is the case for Mike Kimelman and Charlie Shrem, co-authors of the new book Mastering the Basics of Bitcoin and Crypto: Go from Crypto Curious to Crypto Confident With Just One Book. The book promises to be a revolution…
Profit before tax up 19.90% on higher number of projects and larger contract sums Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants today announced that for the first quarter ended 30 September 2022 (1Q FY2023), revenue grew 71.82% to RM40.77 million compared with RM23.73 million registered in 1Q FY2022. For the quarter under review, Samaiden recorded 19.90% increase in profit before tax to RM3.28 million compared with RM2.74 million in the corresponding quarter of the previous financial year. For 1Q FY2023, profit after…
Today, Moonstake is pleased to announce we have secured a staking pool integration grant from the DAO-governed SSV Network to integrate ETH staking on the Moonstake Wallet. Moonstake will be integrating SSV’s unique architecture to bolster Ethereum decentralization and ensure Moonstake’s validator infrastructure is as robust as possible. This will enable a seamless decentralized ETH staking experience for global users, and Moonstake and SSV will also work together to promote our ecosystems through this collaboration. The ssv.network Grants Program is a community-led initiative to fund development teams building decentralized staking applications and services with the intent of promoting and accelerating…
The Saudi Arabian market is anticipated to grow due to rising demands for quicker and simpler cloud service implementation. The 20th edition of the World Cloud Show will highlight what the Kingdom has in store for investors, IT professionals, and tech enthusiasts in upholding this development. The event is set to underline the fundamental data strategies and digital blueprint that will propel the upcoming era of cloud adoption in the Kingdom of Saudi Arabia. The initiative will bring together exceptional industry leading speakers and a multitude of C-level tech decision makers, along with CMOs, CDOs, CXOs, and industry practitioners. “The Kingdom…
PT Pertamina Geothermal Energy (PGE) expressed readiness to increase the geothermal power plant (GPP) capacity in South Sumatra in a bid to support the realization of net zero emission (NZE) in Indonesia. This step to increase the GPP capacity is taken through the inking of an agreement for Engineering, Procurement, Construction, and Commissioning (EPCC) for the construction of the Fluid Collection and Reinjection System (FCRS) and Geothermal Power Plant at the Lumut Balai Unit 2 in South Sumatra. The agreement signing was conducted by PGE with Mitsubishi Corporation Consortium, PT Wijaya Karya, and SEPCO III Electric Power Construction Co. Ltd…
We are pleased to announce that we have strengthened our management with the appointment of CMO Pietro Curto. Pietro is a true veteran in digital marketing, with over 10 years of professional work in key areas such as acquisition, customer relationship management, digital strategies for retail customers, and operations. He also possesses deep expertise in regulated markets, having led FTSE listed companies such as Entain. With years of experience in such fast-paced international digital markets, Pietro was a perfect fit for the rapidly growing crypto market when he first entered in 2021 as the Head of Marketing Operations for the…
Gradiant, a global solutions provider for advanced water and wastewater treatment, is pleased to announce awards of $20 million in new contracts in September and October 2022. The awards are for clients in the manufacturing of photovoltaic cells (or solar cells) renewable energy and industrial protective equipment. All three projects will be delivered as design-build contracts. One of the largest solar companies in India has partnered with Gradiant at a manufacturing site in the Western Region for ammonia and fluoride removal and wastewater treatment. The new facility will recover, neutralize, and treat complex wastewater rinse streams from photovoltaic cell production…
Over the past few months, successive Weight-loss actions by Fosun International (HKG: 0656) have come under the spotlight in the capital market. On the evening of 6 November 2022, Yuyuan Inc., a subsidiary of Fosun International, announced its proposal to transfer 654 million shares, or a 20% equity stake, in Zhaojin Mining Industry Co., Ltd. (“Zhaojin Mining”) to Jinshan (Hong Kong) International Mining Co., Ltd., a wholly owned subsidiary of Zijin Mining for a total consideration of HK$4.395 billion. In addition to Yuyuan Inc.’s previous stake reduction in Zhaojin Mining on the secondary market in September 2022, Yuyuan Inc.’s shareholding…