Bitcoin mining startup Arkon Energy has raised an AUD$2.6M pre-seed round, setting a new Australian record, just one month after the record was set by one-click checkout startup “Instant” at AUD$2.2M. The company will use the funds to rapidly scale its capabilities and deploy more bitcoin mining operations through a two year, 44 megawatt (MW) renewable energy project pipeline. Utilising low-cost renewable energy and immersion cooling, Arkon Energy has built this 44MW future pipeline across four project partnerships to be deployed over 18-24 months. Arkon intends to scale its operations at a similar pace to its much larger Australian competitors,…
Author: Marie Jones
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Year-on-year net profit for the financial period Q2FY2022 jumps by 4.4 timesKey Financial and Performance Highlights (Q2FY2022 versus Q2FY2021): Profit after tax at RM9.97 million, up by 340% year-on-year More than doubles revenue to date to RM57.26 million, up by 107.1% Profit after tax margin more than doubles to 17.4%, up by 9.2% PLS Plantations Berhad (PLS Plantations or the Company) today announced a 340% jump in the net profit for their second quarter financial performance for the period ended 31 December 2021 (Q2FY2022). The Company recorded a net profit after tax of RM9.97 million, a 4.4 times jump from…
Moonstake is pleased to announce that our users can now earn interest from staking the FIO token of the FIO Protocol on our Web Wallet! Hold, send, receive, and stake FIO to receive rewards with the best user experience through one single click. After Cosmos, IRISnet, Ontology, Harmony, Tezos, Cardano, Qtum, Polkadot, Quras, Centrality, Orbs, IOST, TRON, and Shiden, FIO became the 15th staking coin available on Moonstake. Moonstake is now also one of the official Block Producers on FIO. FIO staking activation is scheduled to take place on 22nd February 2022. Before this activation, each FIO token staked will…
Hospitality 360, the hospitality arm of MAA Group Berhad, is pleased to announce the unveiling of Kuantan 188, a 188-metre tower that graces the heart of Kuantan, Pahang as well as Malaysia’s second-tallest tower, on 20 February 2022. Locals and tourists alike can now buy tickets online at Kuantan 188’s official website, travel Artificial Intelligence (“AI”) technology platform Go Tifi and on site to visit this iconic tower with the only 360-degree view of Kuantan. They can enjoy a panoramic view of Kuantan City and the Kuantan River, while adrenaline junkies are sure to enjoy extreme activities such as the…
Alset Capital Acquisition Corp. (the “Company”) announced today the closing of its initial public offering of 7,500,000 units at $10.00 per unit (the “Offering”). Each unit consists of one of the Company’s shares of Class A common stock, one-half of one redeemable warrant, and one right to receive one-tenth (1/10) of one share of Class A common stock upon the consummation of an initial business combination. Each whole warrant entitles the holder thereof to purchase one share of Class A common stock at a price of $11.50 per share. Only whole warrants are exercisable. The underwriters exercised their over-allotment option…
Synergy Group Holdings International Limited, HKG: 1539 (Synergy Group or The Group)(1) signed a memorandum of understanding with Lembaga Perumahan dan Hartanah Selangor (LPHS)(2), a Malaysian government agency, and Odesi Ecob Sdn Bhd (ODESI)(3), a property technology company, last week to launch a green composite program in Selangor, Malaysia. The green composite program consists of two parts, the “Light Saving Program”, which focuses on lighting energy efficiencies, and “COVID Fighting Program” which focuses on reducing airborne bacteria by air quality treatment and COVID-19 transmission risk. The program is in line with Selangor’s initiatives to become a smart and sustainable city…
Managed and operated by VFS Global, the Philippine ePassport Renewal Center (PaRC) is located at 79 Anson, 15-02, Singapore 079906 Filipino nationals in Singapore can submit their passport renewal requests from Monday to Friday between 8 AM and 4 PM Hon. Teodoro L. Locsin Jr., Secretary of Foreign Affairs of the Republic of the Philippines, inaugurated the new Philippine ePassport Renewal Center in Singapore on 28 January 2022 in the presence of other distinguished dignitaries. In a bid to ease the ePassport renewal process for Filipino nationals living overseas, the Department of Foreign Affairs of the Republic of the Philippines…
Overall operating environment continued to be impacted by the pandemic Adopted flexible leasing strategy to maintain high occupancy rate Secured the Trust’s first sustainability-linked loan and swap Champion Real Estate Investment Trust (HKG: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for the year ended 31 December 2021. Summary of financial results FY 2021 FY 2020 Change Total Rental Income (HK$ mil) 2,495 2,633 -5.2% Net Property Income (HK$ mil) 2,197 2,347 -6.4% Distributable Income (HK$ mil) 1,503 1,554 -3.3% Distribution per unit (HK$) 0.2279 0.2496 -8.7% 31 Dec 2021 31 Dec 2020 Change…
The board of directors of Hypebeast Limited (HKG: 150) has announced the Group’s unaudited key financial results for the three months ended 31 December 2021 (FY2022 Q3). The Group started the Financial Year on a high note and continued momentum in FY2022 Q3 with a strong emphasis on realizing strategic and geographical expansion initiatives to capitalize on new business opportunities. In particular, the Group has executed a multi-layered diversification strategy, including content generation in new interest areas such as art and sports, the continued expansion of advertising capabilities offered by the Group’s Media segments, and product expansion on the E-Commerce…
With Hong Kong facing an onslaught from the fifth wave of the pandemic, the Deloitte Foundation today launches a program to donate much-needed anti-epidemic supplies to support frontline workers, low-income families, underprivileged children, and the elderly. The Foundation has so far procured over 100,000 COVID-19 rapid testing kits, together with facemasks, hand sanitizers, and disinfection wipes. We are distributing these supplies to frontline workers including the police force, medical workers and the most vulnerable in society directly and through various charities in Hong Kong. “As part of the Hong Kong SAR community, we must join forces with the government to…
OKLink, the leading blockchain big-data company from China, launches Chainhub 2.0, a crypto financial intelligence platform, to provide upgraded crypto market intelligence services for institutional and individual investors. As one of the world’s earliest adopters of crypto, OKLink holds that conventional valuation metrics is far from sufficient for analyzing crypto markets. The crypto boom comes with a wealth of open, incorruptible blockchain data that enable people to access objective, precise and trustworthy measures of crypto market activity. By unlocking on-chain data, Chainhub is reshaping the way people measure market activities. By providing over 10000 crypto market metrics and 7 thematic…
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*, is pleased to announce that the Group has been selected and will be included as a constituent stock of the following index series by Hang Seng Indexes Company Limited, with effect from 7 March 2022: (1) Hang Seng Composite SmallCap Index (2) Hang Seng Small Cap (Investable) Index (3) Hang Seng Healthcare Index (4) Hang Seng Stock Connect Hong Kong Index (5) Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index (6) Hang Seng…
The compact, lightweight device generates electricity when shaken and can power 100 LEDs. A new stick-like, water-based device can convert energy from movement into electricity. The technology, which was reported in the journal Science and Technology of Advanced Materials, could be used to power portable devices, such as safety lights. With the growing interest in the internet of things and small electronics, there is high demand for portable energy sources. One way to produce power is to harvest energy from the environment, such as thermal, solar or mechanical energy. To capture mechanical energy – the power an object gets from…
SMEStreet along with Tally Solutions organized a webinar on the 12th of Februrary,2022 to mark the occasion of National Productivity Day, on the theme Industry 4.0 – Journey Ahead for MSMEs. The National Productivity Day is a part of the National Productivity Week observed from 12th-18th February every year in the country by the National Productivity Council under the Ministry of Commerce and Industry. In light of the National Productivity Day that aims to highlight the importance of productivity, efficiency and innovation across different sectors of the economy so as to augment the economic growth of the country altogether, the…
Owing to the constant innovation driving tremendous changes in the event industry, virtual events and events technology platform GEVME has announced the launch of a new on-demand series under GEVME Studios called Event Exchange. This is the fourth show in a row after the launch of its three flagship shows ? Next-Generation Virtual Events, Virtual Experience Makers and Digital Event Series. The events industry is evolving rapidly led by innovation and creativity. More than ever before, it is the most exciting time for the industry as it needs to adapt to newer formats given the rising and unique demands of…
Global pandemic control is still facing enormous challenges after more than two years since the outbreak of the COVID-19. Following the Delta and Beta variants, Omicron variant emerged at the end of 2021, and its enhanced infectivity has cast a shadow over the global COVID-19 control. Recently, Omicron quickly spread in Japan and South Korea, and the number of newly confirmed cases in South Korea has exceeded 90,000 for two consecutive days. Although COVID-19 vaccine booster shots have been administered across the globe since 3Q2021, vaccine efficacy is shown to vary among vaccine products, and it is crucial to find…
Malaysian Genomics Resource Centre Berhad (“MGRC” or “the Group”), a leading genomics and biopharmaceutical specialist, is pleased to announce the entry of a new substantial shareholder, Bintai Kinden Corporation Berhad (“Bintai Kinden”), a specialist in mechanical and electrical engineering services to the construction sector, in the Group. Bintai Kinden now has an effective shareholding of 5.03% stake in MGRC, following the acquisition of 6.25 million shares by Bintai Trading Sdn. Bhd., a wholly-owned subsidiary of Bintai Kinden, on 17 February 2022. Following the acquisition, Encik Noor Azri bin Dato’ Sri Noor Azerai (“Azri Azerai”), who was redesignated as an Executive…
Tiger Brokers (Singapore) Teams Up with Wise to Offer Remittance Directly to Trading Account in Singapore Tiger Brokers (Singapore) Pte. Ltd. (Tiger Brokers Singapore) today announced a partnership with Wise, the global technology company building the best way to move money around the world, to offer investors cheaper and faster international money transfers to their trading account at Tiger Brokers Singapore. With the new offering, Singapore investors will now be able to seamlessly transfer funds from their overseas bank accounts to Singapore Dollar (SGD) in real-time and execute trades on Tiger Trade app within minutes. Through the Tiger Trade app,…
Moderna, Inc., (NASDAQ:MRNA), a biotechnology company pioneering messenger RNA (mRNA) therapeutics and vaccines, today announced that the Therapeutic Goods Administration (TGA) in Australia has granted provisional registration for the use of Moderna’s mRNA COVID-19 vaccine, Spikevax, in a 50 ug dose, two-dose series, for active immunization to prevent COVID-19 caused by SARS-CoV-2 in children aged 6-11 years. “The TGA authorization for the use of our COVID-19 vaccine in children 6-11 years old in Australia is an important milestone for Moderna as it is the first regulatory authorization for the use of our vaccine in this age group. We are grateful…
Robin.io, a provider of hyper-converged Telco-Grade cloud-native Kubernetes platform, simplifying enterprises and 5G service delivery infrastructure, announces a strategic collaboration to offer Automation and Orchestration capabilities for the disaggregated 5G market. The partnership with Lekha Wireless and Blue Arcus enables IoT, Private/Enterprise Networks, MEC use cases and facilitates Industry 4.0 use cases. With over 70+ U.S. patents in the areas of application and infrastructure awareness, application orchestration, storage architecture, and data management, Robin.io aims to accelerate highly scalable custom carrier-grade cloud-native solutions. On the tripartite partnership, Mehran Hadipour, Vice President- Business Development & Tech Alliances, Robin.io said, “Robin.io is excited…