On the evening of November 11, Beijing time, Legend Capital portfolio company Atour Lifestyle Holdings Limited (Atour) was officially listed on the Nasdaq Stock Exchange in the United States. It has priced its initial public offering of 4,750,000 American Depositary Shares (ADSs) at US$11.0 per ADS. Founded in 2013, Atour is a leading hospitality and lifestyle company in China with a distinct portfolio of lifestyle hotel brands, such as A.T. HOUSE, Atour S, ZHOTEL, Atour Hotel, Atour X and Atour Light, as well as scenario-based retail brands, including Atour Market. It has further divided its private labels into three product…
Author: Marie Jones
Read More
Pertamina NRE, Keppel Infrastructure, and Chevron have signed an agreement to explore green hydrogen and green ammonia development projects in Indonesia, primarily in Sumatra. “The development of green hydrogen and green ammonia has an important role in Indonesia’s Net Zero Emissions road map,” Pertamina NRE CEO Dannif Danusaputro said on Saturday. Given the existing potential, Indonesia is expected to play a key role in green hydrogen production in Asia, he added. We are excited about this strategic collaboration because we believe Keppel and Chevron are leading companies that share the same vision of energy transition as we do,” he added.…
Profit for the Period Significantly up 19.4 times Reaching HK$1.41 Billion Declared an Interim Dividend of 6.0 HK Cents per Share Grand Ming Group Holdings Limited (the Company and together with its subsidiaries, the Group, HKG: 1271) today announces its interim results for the six months ended 30 September 2022 (FH 2022/23). Highlights Revenue amounted to HK$4.92 billion, an increase of 7.4 times from the last corresponding period. Profit for the period was HK$1.41 billion, representing a year-on-year increase of 19.4 times. Declared payment of an interim dividend of 6.0 HK cents per share. Stay positive toward lucrative business of…
After successfully managing DIFC Fintech Week, one of the largest fintech events in the Middle East, Trescon will host its World Fintech Show taking place on 5-6 December 2022 at the Intercontinental Riyadh, Saudi Arabia. World Fintech Show is a thought-leadership-driven, business-focused event that deep dives into the latest challenges and technology trends in Saudi Arabia’s financial services sector. The show will highlight Saudi Arabia’s thriving fintech ecosystem and explore some of the core fintech areas. The discussion themes will include: future of fintech; sustainability; regtech; insurtech; decentralized finance; embedded finance; open banking; digital payments; Studios and corporate innovation; buy-now-pay-later…
European Depositary Bank (“EDB”), the Luxembourg- based provider of banking, paying agency, depositary and custody solutions, and innovative securitization specialist GenTwo, announce their partnership to provide GenTwo with paying agent and banking services for third party investors globally. Zurich-based GenTwo creates securitization platforms for asset managers, banks, family offices and venture capital investors, enabling professional investors to easily invest in bankable and previously non-bankable assets. Institutional investors can use GenTwo’s securitization solution to realize their own product and business innovations, to make any type of assets investable and to help shape new, sustainable markets. GenTwo’s partnership with Apex Group’s EDB,…
New research and innovations in Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) are injecting new momentum and creating new opportunities for the regional and global healthcare and medical sectors, as highlighted in the two-day Asia Summit on Global Health (ASGH). The second ASGH and the physical element of the 13th edition of the HKTDC Hong Kong International Healthcare Fair concluded successfully today. As the flagship events of the first International Healthcare Week initiated by the Hong Kong Trade Development Council (HKTDC), the summit and fair attracted close to 30,000 online and physical participants from 68 countries and…
Novotech, the leading Asia Pacific biotech specialist CRO, is sponsoring BioCentury-BayHelix East-West Summit 2022, and Novotech’s Chief Commercial Officer Barry Murphy is Session Chair for the expert panel on How to Build and Finance an East-West MRCT Strategy Workshop at the Summit (14-16 November 2022). Novotech is sponsoring the Networking Reception and Dinner. Workshop details: Global Development Workshop: How to Build and Finance an East-West MRCT Strategy November 15, 2022 2:30 PM – (PACIFIC TIME ZONE) BioCentury-BayHelix East-West Summit 2022 https://conferences.biocentury.com/china-healthcare-summit/schedule Panelists are: PATRICIA KEEGAN, M.D.: Chief Medical Officer, Junshi Biosciences KE LIU, M.D., PH.D.: Chief Development Officer, Marengo Therapeutics…
Enhances Efficiency of Facility Operations and Maintenance while Addressing Enterprises’ Digital Management Demands InvesTech Holdings Limited (InvesTech Holdings; together with its subsidiaries, the Group; HKG: 1087), a leading integrated smart-IT solutions provider in China, is pleased to announce that Wafer Systems Limited (Wafer Systems), a subsidiary of the Group that owns the flagship smart-office software product Virsical, recently launched Virsical MetaFM (MetaFM), an integrated operations and management solution for corporate equipment and facilities in commercial real estates and smart buildings. MetaFM outperforms traditional management models and empowers the digital transformation of building operations, maintenance and management. Developed by Wafer Systems,…
State-owned energy company PT Pertamina has prepared some strategies to balance climate resilience and energy security, which include the development of nature-based solutions. Senior Vice President of Research Technology and Innovation at Pertamina Oki Muraza conveyed this information during a discussion at the Indonesian Pavilion on the sidelines of COP27 in Sharm el-Sheikh, Egypt, on Wednesday (November 9, 2022). During the discussion, Muraza said that Pertamina has declared its commitment to achieving net-zero emissions by 2060, and the commitment is in line with the emission reduction policy promoted by the Indonesian government. As part of the commitment, Pertamina is implementing…
“The Avengers(TM)” came together in 2012 and have defeated numerous villains over the last 10 years. Similarly, Trintech’s finance and technology experts also came together in 2012 to launch Cadency(R) – the world’s first end-to-end Record to Report SaaS solution transforming the way enterprise finance and accounting professionals around the world close their books. Since then, Trintech has been laser-focused on continuing to help the Superheroes of Finance and Accounting defeat manual work by standardizing, streamlining, and automating their financial close processes. “The Office of the CFO has evolved considerably over the last ten years, with CFOs serving as key…
Remained Steady in Revenue Growth amid Worsening Economy and COVID-19 Shadow Tam Jai International Co. Limited (TJI or the Company, and together with its subsidiaries, the Group; HKG: 2217), a leading and renowned mixian-specialised fast-casual restaurant chain, today announced its interim results for the six months ended 30 September 2022 (1H2023 or the Period). Revenue of the Group recorded a stable growth of 6.8% to HK$1,261.7 million despite the strong headwinds brought about by COVID-19-related restrictions and a weaker global economy. Highlights Assuring results in 1H2023 Revenue of the Group recorded a stable growth of 6.8% to HK$1,261.7 million despite…
His Highness Sheikh Maktoum bin Mohammed bin Rashid Al Maktoum, Deputy Ruler of Dubai, Deputy Prime Minister and Minister of Finance of the UAE, and President of DIFC, today announced the launch of the Dubai FinTech Summit, a global event that will bring together more than 5,000 experts, thought leaders, policymakers and decision-makers in Dubai to discuss how they can shape a new wave of innovation, enterprise and growth for the international financial industry. To be organised by the Dubai International Financial Centre (DIFC), the Dubai FinTech Summit, will take place on 8 and 9 May 2023 at Madinat Jumeirah,…
Prenetics Global Limited (NASDAQ: PRE) (Prenetics or the Company), a global leader in genomic and diagnostic testing, today announced its unaudited financial results for the third quarter ended September 30, 2022. Third Quarter 2022 and Recent Highlights: Reported third quarter 2022 revenue of US$80 million Reported loss from operations of US$9 million, adjusted earnings1 of US$21 million and adjusted EBITDA2 of US$27 million in the third quarter Achieved gross margin of 59% in the third quarter Appointed Professor Robert Harris, founder and former CEO of Lakeside Healthcare Group, one of UK’s largest GP practices, as Executive Chairman of Prenetics EMEA…
State-owned energy company PT Pertamina is seeking to become a world-class player in green electricity generation based on geothermal energy by pursuing a number of technological innovations to increase geothermal utilization. “We aim to become a world-class player in the geothermal sector. There is an opportunity for that … since, so far, the geothermal potential utilized is still less than 10 percent of the total owned by Indonesia,” said Oki Muraza, senior vice president of research technology and innovation at Pertamina. He made the remarks during a discussion at the Indonesian Pavilion on the sidelines of COP27 in Sharm el-Sheikh,…
Global healthcare collaboration and innovation are key themes of the Hong Kong Trade Development Council (HKTDC)’s inaugural International Healthcare Week, currently taking place at the Hong Kong Convention and Exhibition Centre (HKCEC). The week is comprised of two anchor events: the second Asia Summit on Global Health (ASGH), co-organised with the Government of the Hong Kong Special Administrative Region (HKSAR) and the 13th Hong Kong International Medical and Healthcare Fair. The two-day summit kicks off today in hybrid format under the theme of “Charting a New Course in Healthcare through Collaboration”, with the second day going online. The 13th International…
Moonstake is pleased to announce we are working with long-time strategic partner RockX to integrate SOL staking. Through this collaborative effort, Moonstake is leveraging RockX Solana validator to bring its users access to the Solana staking ecosystem so they can start earning from staking SOL. Together, Moonstake and RockX will accelerate the growth of Solana in the blockchain industry through staking. Since January 2021, Moonstake has also been working with RockX to support the Polkadot staking ecosystem. Today, Moonstake is a recognized top 10 staking providers in the world and a Verified Provider of the VPP family of the leading…
Recently, PureFDA Medical Technology (Guangzhou) Co., LTD. (hereinafter referred to as PureFDA) announced the completion of the Series B round of financing of over CNY100 million, which was led by Legend Capital and followed by the existing shareholder Bayland Capital. This round of funds will mainly be used for the construction of overseas medical device resources, the expansion of the professional talent team, the strategic expansion of the medical devices field, and the upgrading and iteration of the big data information platform. Founded in June 2020, PureFDA is a global-leading SaaS + Data service life science service provider that focuses…
TOKYO & MANILA, Nov 10, 2022 – (JCN Newswire) – JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and East West Banking Corporation announce the launch of EastWest JCB Credit Card, a first for JCB in the Philippines in 25 years. EastWest JCB Gold Credit Card and EastWest JCB Platinum Credit Card offer several rewards such as accumulate reward points that can redeem them for airline miles, cash rebates, or annual membership fee waiver. Also, it offers year-round special promotions and discounts from partner merchants in-store and online, from shopping, and dining to travel and…
Company’s subsidiary JMI partners with Telco Specialist to install telco infrastructure in hospitals Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, today announced that the Company’s wholly-owned sub-subsidiary, Johnson Medical International Sdn. Bhd. (JMI), has formalised a strategic venture with MN Permai Netcom Sdn. Bhd. (MNP) for the sales, marketing and installation of telecommunication services to healthcare centres and other medical sites governed by the Ministry of Health of Malaysia (MOH) under JMI’s portfolio. JMI is specialised in healthcare solutions and medical support systems while MNP is an end-to-end telecommunications solutions provider covering…
Revenue Increases by 7.8% to HK$3,081.9 Million Profit Growth Contributed by Price Adjustment Strategy Nissin Foods Company Limited (Nissin Foods or the Company, and together with its subsidiaries, the Group; HKG: 1475) today announced its financial results for the nine months ended 30 September 2022 (the Reporting Period). Revenue of the Group increased solidly by 7.8% year-on-year (“YoY”) from HK$2,858.6 million to HK$3,081.9 million. Revenue from Hong Kong and China operations respectively grew 11.6% to HK$1,156.6 million and 5.7% to HK$1,925.2 million YoY. Gross profit grew 8.2% YoY to HK$973.5 million (2021: HK$899.4 million) with gross profit margin increased by…