As a retail industry leader in the Chinese domestic lower-tier market, Huitongda Network Co. Ltd (HKG: 9878), which just completed a Hong Kong IPO, is releasing a strong value signal to the market. On July 14th, Huitongda Network released the profit announcement for the first half of 2022, showing that the company expects to generate a net profit of at least RMB 88 million for the six months ended June 30, 2022. In the meantime, its adjusted net profit is projected to be more than RMB 180 million with a year-on-year increase of over 50%. According to the announcement, the…
Author: Marie Jones
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Prontoblock, today announced the appointment of Kelley Millet as the company’s Chief Financial Officer and Board Member, effective July 15, 2022. Mr. Millet brings more than 20 years’ experience in driving growth, and has a proven track record building and scaling high performance teams. He has served – as Managing Director and Global Head of Debt Capital Markets with JPMorgan, President and Member of the Board of Directors of Market Axess, and President of Millennium Advisors. Mr. Millet’s extensive experience in capital markets and the fintech sector will accelerate Prontoblock’s traction as a bridge to DeFi serving banks and other…
After successful 19 editions of Manufacturing IT Summit, Exito is all set to host another milestone event – which serves as an ideal platform to enhance the experience to latest insights in “Re-Imagine| Innovate| Transform”. The Manufacturing IT Summit is an ideal platform for IT leaders in South Africa to meet, interact, gain new insights and discuss various methods to overcome the glaring challenges faced by the manufacturing industry. Through engaging panel discussions, insightful keynotes and immersive networking sessions, the event is sure to incite both thought and action at your organization. At the Manufacturing IT Summit, South Africa’s top…
Indonesia’s oil and gas state-owned enterprise PT Pertamina has encouraged collaboration between countries for energy transition in order to tackle global warming. “Preventing global warming and climate change is a challenge for all countries in the world, both developed and developing countries, including energy companies and industry parties,” the energy company stated in a release, Friday. Pertamina President Director Nicke Widyawati noted that energy transition is the key to preventing catastrophic impacts of global warming and climate change, but energy transition efforts should not interfere with the unfinished development agenda in some developing countries. Widyawati brought up this point, considering…
Former MOH Secretary General Dato’ Seri Dr Chen Chaw Min takes over effective 15 July 2022 Malaysian Genomics Resource Centre Berhad (Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, announced today that the Company has appointed Dato’ Seri Dr Chen Chaw Min as the Independent Non-Executive Chairman of the Board of Directors. The appointment is effective 15 July 2022, following the resignation of Tan Sri Ahmad bin Mohd Don on 12 July 2022. Dato’ Seri Dr Chen, who was appointed to the Board on 3 August 2021, was with the Malaysian civil service from 1988 until his retirement in…
Infocus International Group has announced the new dates for Energy Storage online workshop which will commence live on 4th October and 12nd December 2022. Energy storage differs from other energy technologies in the breadth and complexity of its addressable market and revenue opportunities. This training course provides a comprehensive, business-focused analysis of these opportunities, allowing attendees to analyse, understand and segment them. While naturally focusing on battery storage, this course also covers the variety of competing storage technologies and describes the wide variety of problems energy storage seeks to solve, at a wide range of deployment sizes and timescales, including…
Blockpass, the Safe Network for Crypto, is announcing a partnership with BlockOn, the worldwide blockchain venture builder & firm. As part of this move, Blockpass will provide information, updates and coverage of BlockOn’s events, and BlockOn has invited Blockpass to speak at its India Blockchain Week (IBW – https://www.inblockchainweek.com/ ) event, which covers a whole host of themes from NFTs to Governments to Start-Ups over its 7 days. BlockOn incubates and accelerates projects which promote a better ecosystem for cryptocurrency and blockchain companies by leveraging its network, infrastructure, visibility and funds. BlockOn guides innovators in the development of their ideas and road…
The Malaysian job market has recorded a 31% growth in job demand this June indicating a spree in hiring activity on an annual basis. A number of segments hit hardest by Covid-19 have shown promising signs of resurgence, as per the Monster Employment Index (MEI). An upsurge of 15% was registered for hiring activity over the last six months, while month-on-month growth improved at 5% projecting a continuous demand in the job market. Despite two years of restriction on public activities, rising prices, and the current labour crisis, the retail industry in Malaysia has moved towards recovery with a 321%…
It is imperative to take the required measures and have the appropriate protections in any hybrid work environment due to the rise in the usage of personal devices for work, network access through insecure connections, and targeted phishing efforts. The danger of a breach will grow with the adoption of a hybrid working model, even with appropriate cybersecurity safeguards for remote workers in place. Mr. Chito Jacinto, Vice President of ISOG and Board Member of ISACA Manila, gave some of his insights on growing cybersecurity in a hybrid environment. In our interview, he used the banking industry as an example…
Quantum Generations Qubit Blockchain The first testing node was launched to low Earth orbit in 2018 on SpaceX and was the first generation of Blockchain to engage in the space race and quantum space revolution. Schedule to deploy the Plato Blockchain nodes in the 1st quarter of 2023. The partnership between the space industry and Blockchain is mutually beneficial. Conducting transactions via satellites will provide an even higher level of security and decentralization to distributed ledger technologies like Plato and Qubit Blockchain. Consequently, the quantum infrastructure is protected against any physical intrusion. Plato’s robust WEB3 platform and data execution, coupled…
By integrating with SAP S/4HANA(R) Cloud, Trintech’s mid-market and large enterprise solutions drive finance transformation and value Trintech Inc., a leading global provider of cloud-based financial close solutions for the Office of Finance, today announced that its Adra Connector for S/4HANA(R) Cloud, its mid-market suite, and Cadency Connector for S/4HANA Cloud, its large enterprise platform, are certified by SAP for integration with cloud solutions from SAP to deliver finance transformation and value to customers. “Trintech continues to deliver new integration capabilities to provide customers with even more value in their financial transformation journeys,” said Michael Ross, Chief Product Officer at…
Trescon, world’s fastest growing business events company successfully concluded the Middle East edition of World SD-WAN & SASE Summit, on 17 March 2022 at The Address, Dubai Mall. The event saw over 150 participants who explored the current state of network infrastructure in the Middle East region, and way forward. The conference brought together the region’s key players in the SD-WAN & SASE ecosystem, including government officials, leading SD-WAN & SASE solution providers, and senior executives from significant think tanks. An image from World SD-WAN & SASE Summit – Middle East on 17 March 2022 The event addressed important issues…
JE Cleantech Holdings Limited (Nasdaq: JCSE), (the “Company”), a Cayman Islands company whose group operations are based in Singapore, today announced the receipt of a new order by its subsidiary, JCS-Echigo Pte Ltd, from a major customer in Singapore. Under this new order, the group will design, develop and manufacture a new precision cleaning system under the customer’s specified requirements. The new order is valued at approximately US$700,000 and represents an expansion of JE Cleantech Holding’s presence in the tech hardware industry. The new customer designs and manufactures sensor products. The new customer is part of the international group that…
Malaysia’s leading bottled mineral water producer unveils sustainable packaging with trendy new look Malaysia’s leading bottled water producer, Spritzer, has officially launched a new iconic bottle with a trendy and vibrant style made by fully recycled packaging made with recycled materials. The bottle’s sleek and modern-looking curve is shaped like a water droplet and is designed with an ergonomic grip. The turquoise colour scheme, a blend of blue and green, represents nature’s purity, calmness, serenity and peace while the new corporate logo is inspired by the Company’s pristine 390-acre water catchment area, which is within the protected rainforest vicinity in…
Infocus International Group has relaunched the best rated online workshop – Dispatchable & Flexible Solar Power and it will be commencing live on the 26th October 2022. A business-focused training course designed to provide business developers with an accessible and concise, yet comprehensive understanding into how advanced utility-scale solar power projects are providing greater value to the industry, its investors and energy system planners alike. “Dispatchable” solar power projects are crucial to the scalability of solar within energy systems, increasing its ability to replace conventional thermal power capacity while maintaining power system flexibility and resilience. Compared to traditional solar-only projects,…
CleverTap, the modern, integrated retention cloud, today announced it has partnered with Unocoin, India’s first crypto exchange, to optimize, accelerate their user engagement, and provide a seamless omnichannel customer experience. Through this collaboration, and by integrating CleverTap’s solution into its app, Unocoin is now equipped to better understand user behavior and has the ability to create segments based on user activity, demographics, and other parameters. Unocoin will also be able to create hyper-personalized campaigns to engage with its audience across multiple channels at the right time with precise communication. “As a platform that helps individuals with investments into cryptocurrencies, we…
Suzhou Basecare Medical Corporation Limited (Basecare Medical or the Company, together with its subsidiaries, the Group, stock code HKG:2170) officially announced that the Company entered into a strategic collaboration framework agreement with Qingdao Haier Biomedical Co., Ltd. (hereinafter referred to as Haier Biomedical). According to the agreement, Basecare Medicaland Haier Biomedical will carry out collaborative R&D in cryogenic refrigeration of the assisted reproduction sector and jointly offer cryopreservation solutions for the assisted reproduction sector, which is another in-depth business collaboration following the capital collaboration between Basecare Medical and Haier Venture Capital FOF. Dr. LIU Zhanjie, founder and general manager of…
Major cryptocurrency exchange MEXC Global has listed $MYST token by Mysterium Network (www.mysterium.network), the Swiss-based Web 3.0 company challenging the $30 billion VPN industry with its next-generation anonymity network. Trading of the MYST-USDT (www.mexc.com/exchange/MYST_USDT) pairs opens at 12:00 p.m. UTC on Thursday, July 14, 2022. The VPN market is estimated to reach more than $77 billion by 2026. With increasing censorship, shutdowns and surveillance online, over a quarter of the world’s internet users depend on a VPN for daily internet access. Most recently in Sudan, authorities cut off access to the internet to disrupt anti-government protests being held nationwide. Internet…
It is reported that Citi initiated coverage on Prenetics Global (PRE.US) with Buy rating. Target price is at USD8.10, apply 3x P/S 2023E, at parity with the industry average. As Covid-19 variants have continued to spread, Citi believes Covid-19 testing will remain a solid cash cow business with good margins and stable cash flows that can help fuel Prenetics’ expansion into new businesses, becoming a near-term driver. Citi expects long-term growth will be driven by personalized healthcare test products and from future M&A. Prenetics is well-positioned to capture the growing consumer interest in personalized health testing. Citi expects Prenetics would…
Systems Offer Effective, Minimally Invasive Treatment Options for Millions of Patients with Obesity (BMI 30-50 kg/m2) Apollo Endosurgery, Inc. (Apollo) (NASDAQ:APEN), a global leader in minimally invasive medical devices for gastrointestinal and bariatric procedures, announced today the marketing authorization of the Apollo ESG(TM), Apollo ESG Sx(TM), Apollo REVISE(TM) and Apollo REVISE Sx(TM) Systems through the U.S. Food and Drug Administration’s (FDA) De Novo Classification process, a rigorous pre-market review pathway for low-to moderate-risk devices without a predicate. These are the first and only devices authorized by the FDA for endoscopic sleeve gastroplasty (ESG) and endoscopic bariatric revision. ESG is an…