Author: Marie Jones

Regina Miracle International (Holdings) Limited (Regina Miracle or the Company, together with its subsidiaries, collectively the Group) (HKG: 2199), a leading global intimate wear company boasting an Innovative Design Manufacturer (IDM) business model, has announced its annual results for the year ended 31 March 2022 (the year or Fiscal 2022). During the year, despite the various challenges in the macro-environment, the Group’s revenue hit a historical high of approximately HK$8,346.7 million (Fiscal 2021: HK$5,974.3 million), representing a year-on-year increase of 39.7%, which was in line with the expected progress of the Group’s five-year plan. Gross profit grew correspondingly by 65.2%…

China’s hedge fund market has been building and has seen a 70% increase in total assets over the past two years to over 6 trillion RMB (US$944 billion) at the end of 2021. Equity hedge fund manager Perseverance Asset Management is taking advantage of this surge by funneling international institutional capital into China’s securities market. Perseverance’s achievement has been recognised by Asia Asset Management (AAM) in its Best of the Best 2022 award for Best Domestic Private Fund Manager (China). The company’s Chief Investment Officer Deng Xiaofeng was awarded the title of CIO of the Year for China. According to Daisy Liang,…

Leon Fuat Berhad, a manufacturer and trader of steel products, specialising in rolled long and flat steel products, is pleased to announce that shareholders have passed all resolutions at the Group’s 15th AGM held today. Mr. Calvin Ooi Shang How, Executive Director of Leon Fuat Shareholders passed a resolution approving a final single tier dividend of 2.0 sen per share for the financial year ended 31 December 2021 (FY2021). Shareholders also voted to re-elect Dato’ Sri Ooi Bin Keong, Mr. Tan Did Heng, Mr. Tan Sack Sen and Dato Lim Cheng Poh as directors as well as to retain Mr.…

Striding into New Business Development Striving to Establish a Leading Green Brand in the Greater Bay Area China Wantian Holdings Limited (China Wantian or the Group; HKG: 1854) is pleased to announce its audited annual results for the year ended 31 March 2022 (the financial year or the year under review). During the year under review, China Wantian continued to operate its business in Hong Kong. The Group is principally engaged in sourcing, processing and supplying food ingredients, with a focus on the provision of vegetables and fruit to food service operators in Hong Kong. It currently supplies in excess…

The Gottingen base of Gotion High-Tech Co Ltd. (Gotion High-tech) is expected to reach the goal of annual production capacity of 6GWh and 12GWh in two phases respectively, thereby enabling the production of Gotion’s battery in Europe. GenDome, the first portable energy storage brand for overseas markets, was launched at the Gottingen base, and it is intended to be produced locally in Gottingen. On 27 June, Gotion High-Tech held the 5th New Energy Economic Forum and the Opening Ceremony of Gotion Germany at its Gottingen base. It is noted that the Gottingen base, as the first battery production and business…

Scientists at Tokyo Medical and Dental University have discovered a new type of bone repairing material that could be used to more precisely fix bone defects. Ceramics and metals have been used for a while as structural materials to repair bones and joints. In the past, scientists engineered bioinert materials, which do not bond to bones directly; bioactive materials that can bond to bones; and bio-absorbable materials that are categorized in bioactive materials but they are absorbed by the body over time and are replaced by advancing bone tissue. Now, a fourth type of bone repairing materials has been found:…

Wintermar Offshore Marine (WINS:JK) has invested US$12 million to acquire 3 Platform Supply Vessels and 3 Anchor Handling Tug Supply Vessels since November 2021, to gear up for new drilling cycle. In the Public Expose on 24 June 2022, PT Wintermar Offshore Marine Tbk unveiled their growth strategy to position the Company for an anticipated upturn in drilling. As the global rig count has risen steadily over the past few months, Offshore Supply Vessel (OSV) utilization has improved globally and charter rates have started to pick up. To raise the yield of the fleet, the Company has improved the fleet…

RHT Rajan Menon Foundation Ltd held its Greening ASEAN: Initiatives & Leadership (GAIL) Sustainability Forum, bringing together sustainability experts from across industries to examine the critical challenges caused by climate change, and provide insights to champion sustainable business. Ms Kaylee Kwok, Deputy Chairman of RHT Rajan Menon Foundation, said, “We recognised the importance of sustainability to address climate change, adverse social and community impact and corporate governance issues. In response, the Foundation commissioned the setting up of the GAIL programme in 2018.” “One of the objectives of the GAIL programme is to facilitate sharing of industry expertise, knowledge and practical…

CleverTap, the modern, integrated retention cloud, has been recognized by Great Place to Work(R) India as one of India’s Great Mid-size Workplaces 2022. CleverTap is recognized for creating and sustaining a high-trust, high performance work culture. In its 6th edition this year for India, the list has grown to include the top 75 companies, up from the top 50 until last year. The rigorous methodology to assess workplace culture and identify India’s Great Mid-size Workplaces 2022 is considered the gold standard globally. In the Great Place to Work(R) India study, they have observed that the Great Mid-size Workplaces have gone…

Spritzer is pleased to announce that the Company has recently won the Reader’s Digest’s Trusted Brands 2022 platinum award under the Food & Beverage – Bottled Water category. This year’s Reader’s Digest Trusted Brands 2022 award presentation ceremony was held at the Grand Hyatt Hotel Kuala Lumpur. The event also celebrated the 100th anniversary of Reader’s Digest, a global brand with 23 editions in 41 countries. “I am deeply humbled to receive this important award from Reader’s Digest Trusted Brands 2022 on behalf of Spritzer. Spritzer has won this award, for 21 years. This achievement is a very powerful endorsement…

Revenue Decreased by 45% to HK$818 Million Net profit for the Year Amounted to HK$17.5 Million Proposed Final Dividend of 4.0 HK Cents per share Grand Ming Group Holdings Limited (the Company and together with its subsidiaries, the Group, HKG: 1271)) today announces its annual results for the year ended 31 March 2022 (FY 2021/22). Highlights Revenue amounted to HK$817.9 million, a decrease of 45.2% from the previous financial year. Net profit for the year was HK$17.5 million, representing a decrease of 88.2%. Proposed payment of final dividend of 4.0 HK cents per share. Stay positive toward lucrative business of…

Apptio has appointed industry veteran, Tarun Kumar Kalra as Regional Vice President for Asia Apptio, the leading provider of technology business management (TBM) applications, has appointed Tarun Kumar Kalra as Regional Vice President – Asia. Tasked with strengthening and establishing new strategic engagements in the region to help organizations make informed, data-driven technology business decisions, Tarun will focus on creating incremental value for Apptio’s customers and partners and expanding the company’s presence across Asia. “Tarun joins us at a time of exceptional possibility in Asia and we are leaning on his experience and leadership to grow Apptio’s presence across the…

The B20 Energy, Sustainability & Climate Task Force, led by state-owned oil giant Pertamina Group, put forth three recommendations to support realization of the target of net-zero carbon emissions. The B20 Energy, Sustainability & Climate (ESC) Task Force held entitled the third Task Force Call Meeting on Thursday, April 19 (ANTARA/HO-Pertamina) “Climate change sustainability is something that we must strive for in the future. For this reason, the B20 Energy, Sustainability, and Climate Task Force has compiled policy recommendations that focus on three recommendations, with 12 policy actions that call for global cooperation,” Deputy Chair of B20 Energy, Sustainability, and…

Sales Volume Surged 40.7% YoY and Revenue Surged 40.3% YoY to Record Consecutive Highs Against Headwinds Implementing the Diversified Healthcare Business Strategy To Accelerate the Consolidation of the Healthcare Services Market EC Healthcare (the Company, which together with its subsidiaries is referred to as the Group, HKG: 2138), the largest non-hospital medical group in Hong Kong, announces today its audited annual results for the fiscal year ended 31 March 2022 (the Year). Business Highlight — Sales volume achieved a record high of HK$3,122.3 million, up 40.7% YoY — Total revenue surged 40.3% YoY to a record high of HK$2,919.5 million…

Malaysian Genomics Resource Centre Berhad (Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, announced today that the Group is acquiring a 51% stake in Aquahealth Sdn Bhd, a kidney dialysis operator, from Rinani Renal Berhad. En. Sasha Nordin, Chief Executive Officer of Malaysian Genomics Aquahealth is establishing a kidney dialysis centre in Gombak, Selangor, with the license to operate the centre owned by the Malaysia International Islamic Chamber of Commerce. With the acquisition of the stake, Malaysian Genomics, through its wholly-owned subsidiary, MGRC Healthcare Sdn Bhd, will now become the operator of the dialysis centre. En. Sasha Nordin, Chief…

The upstream sector accounted for the largest share of state-owned oil and gas firm PT Pertamina’s (Persero’s) net profit as Indonesian crude prices (ICP) soared in 2021. “The overall profit earned is a combination of the six sub-holdings and their subsidiaries, but the largest contribution to the net profit comes from the upstream sector due to the windfall from the increase in ICP prices,” acting vice president of corporate communications at Pertamina, Heppy Wulansari, said in Jakarta on Tuesday. Reporting its 2021 fiscal year performance to the government, which is a shareholder in the company, Pertamina said it scored a…

The world’s largest manufacturer of vaping device – SMOORE International Holdings Limited (SMOORE or the Company, collectively referred to as the Group with its subsidiaries, HKG: 6969) announced its recognition as the “Most Honored Company” and the third place in the consumer sector among 138 nominated consumer companies in the 2022 Asia (ex-Japan) Executive Team Ranking, which was released by Institutional Investor, a prominent financial magazine worldwide. SMOORE also won several awards in categories, including No.2 in Best ESG, No.3 in Best CFO, No.2 in Best IR Program, and No.2 in Best IR Professional. Institutional Investor was founded by Gilbert…

Prevents oxidation of substrates and achieves ultra-thin films of high quality and low resistance through a two-stage ALD process using the liquid ruthenium precursor “TRuST”; applications are expected in advanced technologies necessary for technological innovations such as data centers and IoT TOKYO, Jun 23, 2022 – (ACN Newswire) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which operates the TANAKA Precious Metals manufacturing business, announced today that TANAKA has established a two-stage film deposition process using the liquid ruthenium (Ru) precursor “TRuST.” TRuST is a precursor that has excellent reactivity with both oxygen and…

Novotech, the leading Asia Pacific biotech specialist CRO which has recently expanded its services to the US, was awarded a prestigious Clinical Leader and Life Science Leader CRO Leadership Award for exceeding customer expectations, at Drug Information Association 2022 (DIA 2022). Novotech CEO Dr. John Moller said the company was extremely pleased to receive this award for the second consecutive year. “Receiving this recognition from our clients is incredibly important to us and is an endorsement of our service delivery model that is tailored to the needs of biotech clients. Our local teams have exceptional site and investigator access, our…

AEON Credit Service (Asia) Company Limited (AEON Credit or the Group; HKG: 900) today announced its unaudited results for the three months ended 31 May 2022 (1Q2022, or the reporting period). For 1Q2022, the Group’s revenue increased 9.7% year-on-year to HK$279.1 million and operating profit before impairment losses and impairment allowances were up by 16.4% to HK$126.9 million. The Group recorded a profit of HK$82.7 million (1Q2021: HK$97.0 million) and earnings per share of 19.74 HK cents for the reporting period. Overall sales for 1Q2022 increased by 12.3% against 1Q2021, with gross advances and receivables balance up by 4.0% relative…