Author: Marie Jones

Company’s collaboration agreement signed with PT Raintech opens up vast opportunities in Southeast Asia’s largest economy Mechanical and electrical (M&E) engineering services specialist Bintai Kinden Corporation Berhad’s (Bursa: BINTAI, 6998) sub-subsidiary, Bintai Energy Sdn. Bhd., has entered into a business collaboration agreement with PT Raintech Indo Energi (PTRIE) in which PTRIE has been appointed to market and promote flanges, fittings, pipes and other oil and gas (O&G) equipment on behalf of Bintai Energy in Indonesia. Bintai Kinden owns a 51% stake in Bintai Energy through Kejuruteraan Bintai Kindenko Sdn Bhd, an M&E engineering services specialist. PTRIE provides integrated solutions with…

SoPa acquires first company in Thailand and continues network expansion of its digital ecosystem throughout Southeast Asia (SEA) Thoughtful Media’s social commerce-focused Multi-Platform Network (MPN) in Thailand, Vietnam, Philippines and the US amplifies SoPa’s loyalty offering SoPa introduced a new management team to facilitate renewed operations and announced Bien Kiat Tan as TMG CEO, Jittra Cheng as TMG Thailand Country Director and Quynh Vo as TMG Vietnam Country Manager As the CEO of TMG, Bien Kiat Tan will be responsible for managing the Group’s P&L, and executing upcoming acquisitions to enlarge the SoPa ecosystem, and expand further in the SEA…

‘Redefining the Future of Banking: Powered by Technology, Driven by Innovation’ which was the theme for this year’s edition of Trescon’s Big BFSI Future Tech Show & Award, opened to a packed house of over 150+ pre-qualified C-suite executives, speakers and solution providers at The Taj Lands End, Mumbai. #TresconBFSI featured technical presentations, panel discussions to enlighten the delegates with real-time use-cases about BFSI Infrastructure, Customer Experience and Cyber Security to name a few. Some of the top speakers included: – Amitabh Ranjan, Chairman, Reserve Bank of India – Anila Rao, VP, APAC, Haptik – Sumeet Puri, Chief Technology Solutions…

SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a Sky Technologies) (SKYX, “we” or “the Company), a highly disruptive platform technology company, with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today announced that its universal safe installation specifications for plug & play ceiling outlet for lighting and fan products has been officially voted on and approved by ANSI/NEMA, the leading U.S. standardization organizations for the standardization of the SKYX safe weight-bearing plug and outlet/receptacle for ceilings (SkyPlug). The American National Standards Institute (“ANSI”) is the leading U.S. standards approval organization, whose standards are…

Company’s September Phase 2b trial results could be transformative for fibromyalgia patients PCG Digital — Life may change for the better for the 10 million Americans suffering from fibromyalgia. The development-stage biotech Virios Therapeutics, Inc. (Nasdaq:VIRI) is anticipating the reporting of phase 2b treatment results for its lead fibromyalgia treatment candidate this September and continues to add value through its research and development of compelling clinical assets for multiple categories of viruses. Humans and viral pathogens have co-existed for millennia. Some human viruses are gone as quickly as they came, while others – such as the herpes virus – are…

The implementation of equitable and inclusive Data Free Flow with Trust (DFFT) and Cross-Border Data Flow (CBDF) had become crucial issues nowadays as data traffic between countries kept increasing. Hence, as chairman of the 2022 G20 presidency, Indonesia proposed four principles of fairness, lawfulness, transparency, and reciprocity for the implementation of cross-border data governance. Through the 3rd Digital Economy Working Group (DEWG) Meeting, held in Labuan Bajo, East Nusa Tenggara (NTT) Province, on July 20-22, 2022, Indonesia highlighted digital skills and literacy as the second priority issues of the DEWG, as well as the DFFT and CBDF as its third…

On August 5, 2022, Legend Capital portfolio company MicuRx Pharmaceuticals, a scarce enterprise in super antibiotic, was successfully listed on the STAR Market. MicuRx Pharmaceuticals issued 130,000,000 shares this time, accounting for 19.84% of the total share capital after the issuance. The total amount of funds raised is expected to be about RMB 960 million at the issue price of 8.16 yuan per share. MicuRx Pharmaceuticals is an innovative drug company focusing on novel therapeutics for infectious diseases. With global independent intellectual property and competitiveness, MicuRx Pharmaceuticals is committed to the discovery, development, and commercialization of innovative drugs for unmet…

DeFi protocol Paribus announces the launch of their testnet MVP, the beginning of a new approach to DeFi. Secure, trustless, and truly decentralized, Paribus users will be able to borrow against previously illiquid digital assets such as NFTs. Put simply, Paribus is a cross-chain, DeFi borrowing and lending protocol. With the unique selling point of allowing exotic assets like NFTs, LP tokens, virtual lands and synthetics to be used as collateral for loans. The platform will also utilize standard crypto assets. Being cross-chain, Paribus will be on multiple chains but is building for the Cardano ecosystem, and will access their…

The COVID-19 pandemic has accelerated the process of digital transformation of enterprises and spawned the vigorous development of the digital economy, the Asia-Pacific region has stepped into digital age. With the acceleration of digitalization in the region, the demand for digital talents is also rising. According to reports, the number of global digital jobs will increase from 51 million in 2021 to 190 million in 2025, and the Asia-Pacific region will face a shortage of 47 million digital talents by 2030. The 3rd Asia Digital Talent International Summit 2022 will focus on the Asian talent market, combine case sharing, and…

Shenzhen Ruicycle Environmental Protection Technology Co., Ltd (also known as Hengchuang Ruineng), a battery recycling company, recently accomplished the B round of fundraising with over RMB 300 million, which is backed by Legend Capital. This round of fundraising will be mainly used to improve the development of the echelon utilized product series, the construction of new energy retired lithium battery recycling capacity, and the expansion of new lithium battery wet recycling technology. Founded in 2017, Ruicycle is a national high-tech enterprise dedicated to “Making New Energy a Truly Green Energy”, deeply engaging in the field of recycling and comprehensive utilization…

Inks MoU with PLS Plantations to conduct a study and develop a proposal for the nation’s food security programme Ministry of Agriculture and Food Industries (MAFI) has signed a Memorandum of Understanding (MoU) with PLS Plantations Berhad, a leading agrofood company in Malaysia, to conduct an in-depth study and put forward a proposal for the national food security programme. The MoU was officiated by the Prime Minister of Malaysia, Yang Amat Berhormat Dato’ Sri Ismail Sabri Bin Yaakob at the biennial Malaysia Agriculture, Horticulture and Agro Tourism (MAHA) 2022. Also present was the Minister of Agriculture and Food Industries, Yang…

Enhancing Shareholder Base and Expanding Capital Strengths to Affirm the Development Strategies in GaN Arena HG Semiconductor Limited (HG Semiconductor, together with its subsidiaries, the Group, HKG: 6908) has announced the placement of 30 million new shares (Placing Shares) at the placing price of HK$3.20 per share to no less than six placees. In addition, the Group has entered into an investment agreement (Investment Agreement) with Profit Act Limited (Strategic Investor), an entity indirect wholly-owned by the Founder, Chairman and Executive Director GCL Technology Holdings Limited (Stock Code: 3800.HK) Mr. Zhu Gongshan (Mr. Zhu), pursuant to which the Group had…

Global Offering of 241,000,000 Shares Offer Price of Not More than HK$0.56 and Expected to be Not Less than HK$0.52 per Offer Share Swang Chai Chuan Limited (Swang Chai Chuan or the Group), an established distributor of Food & Beverage (F&B) and other products for recognised international and domestic third-party brands and own brands in Malaysia, today announced the details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX). Swang Chai Chuan plans to offer a total of 241,000,000 shares under the Global Offering (subject to the Over-allotment Option), which comprises 216,900,000…

SGX-listed Metech International Limited (“Metech” or the “Company”, and together with its subsidiaries, the “Group”), is pleased to announce that the lab-grown diamond facilities in Singapore of its joint venture company, Asian Eco Technology Pte. Ltd. (“Asian Eco”), can commence commercial production, following the receipt of the fire safety certificate issued by Singapore Civil Defence Force. A pilot test of the lab-grown diamond facilities has been successfully completed. As announced previously, Asian Eco entered into a 3-year lease agreement for an industrial property located at Kallang for the production of lab-grown diamonds. A wholly-owned subsidiary, Zhongxin Minghua (Shanghai) International Trade…

On 13 July 2022, Malaysia played host to a virtual conference with a wealth of AI, and future-tech related discussions. Trescon, the event’s host, brought together more than 250 online participants, including important players in Malaysia’s AI ecosystem like government officials, leading AI specialists, and solution vendors. Leading players in AI & Data space like Dataiku | Strateq, Denodo, Alteryx, TigerGraph, ServiceNow, ManageEngine and Snowflake gathered at the virtual conference to examine the prospects for AI in Malaysia. A picture of the panel discussion from the World AI Show – Malaysia that was streamed live on July 13, 2022 The…

Digital transformation is an absolute necessity today. Especially for small businesses, it has become indispensable. A few years ago, digital transformation was thought to give businesses a competitive edge. Now it’s a fight for survival. We interviewed Dennis Crimen, ICT Head at Philippine Airasia, on how mobility services enabled by digital transformation are reshaping the commercial environment. Anywhere working models and on-demand decision-making have become possible thanks to mobility services. People no longer have to report to the office to do their tasks. They can work anywhere. Through technological outputs that streamline their operations and allow employees to access platforms…

Internationally premiering at the 79th Venice International Film Festival, brought to you by the award-winning virtual reality production company Ferryman Collective and Screaming Color, their fourth VR production, Gumball Dreams is an Official Selection of the oldest festival in the world after having won the SXSW Audience Award XR Experience Competition. Organised by La Biennale di Venezia and directed by Alberto Barbera, the 79th Venice International Film Festival will take place at the Venice Lido from 31 August to 10 September 2022. “In Gumball Dreams, our character Onyx has been blessed with the opportunity to explore worlds, and to experience the very best that…

Robotics innovator Beyond Imagination, Inc. has entered into an agreement with SELF Labs, Inc. to provide at least 1,000 humanoid robots for use in agricultural “grow boxes”‘. This is believed to be the largest deal of its kind. SELF and Beyond are announcing a partnership to develop automated off-the-grid grow boxes. Each box will be equipped with solar panels, windmills, atmospheric water generators, 5G, and an advanced version of Beyond Imagination’s Beomni robot with its Omni-Purpose AI Brain. By aligning the visions of Milan Cheeks of SELF and Dr. Harry Kloor of Beyond, this futuristic take on farming will be…

34 industry experts share insights, 25,000+ viewers join online The 11th Asian Licensing Conference (ALC), organised by the Hong Kong Trade Development Council (HKTDC), ran successfully from 27 to 29 July. The three-day online event featured 22 thematic sessions where 34 industry experts from different sectors addressed participants. More than 25,000 viewers from 42 countries and regions joined the discussions alongside physical participation at five satellite conferences in Chongqing, Dalian, Hangzhou and Shenzhen in Mainland China and Jakarta in Indonesia. The three-day event generated nearly 140 one-on-one business matching meetings online, connecting global licensing players with potential partners to help…

TOKYO, Aug 4, 2022 – (ACN Newswire) – Showa Denko K.K. (SDK; TSE:4004) today announced its 2022 2Q consolidated financial results. 2022 Second Quarter Consolidated Financial Statements and summary – https://www.sdk.co.jp/assets/files/english/ir/library/fss2022-2q.pdf 2022 Second Quarter Financial Results: Presentation Material – https://www.sdk.co.jp/assets/files/english/ir/library/pdf_presentation/results2022-2q.pdf Showa Denko Decides on Absorption-type Merger & Company Split, Trade Name Change, and Partial Amendment to Articles of Incorporation to Prepare for Its Transformation into Holding Company Structure – https://www.sdk.co.jp/assets/files/english/news/2022/20220804_sdknewsrelease3_e.pdf About Showa Denko K.K. Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the…