Increases Financial Flexibility Facilitates Future Business Development Emperor International Holdings Limited (Emperor International or the Group) (HKG: 163) is pleased to announce the signing of a 5-year unsecured club loan facility agreement amounting to HK$1,950 million (the Club Loan) with nine local and international banks. The relevant proceeds will be used for general working capital purposes and refinancing its existing debts. The participating banks of this Club Loan include The Hongkong and Shanghai Banking Corporation Limited, The Bank of East Asia, Limited, Bank of Communications (Hong Kong) Limited, Bank of China (Hong Kong) Limited, Hang Seng Bank Limited, OCBC Wing…
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Profit for the Period amounted to HK$69.2 Million Declared an Interim 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 interim results for the six months ended 30 September 2021 (FH 2021/22). Highlights: Profit for the Period amounted to HK$69.2 Million Declared an Interim Dividend of 4.0 HK Cents per Share Revenue amounted to HK$586.1 million, a decrease of 25.4% from the last corresponding period. Net profit was HK$69.2 million, representing a decrease of 1.4%. Underlying profit, excluding changes in fair value of…
Infocus International Group, a global business intelligence provider of strategic information and professional services, is bringing back the Mastering Clean Hydrogen online masterclass and it will be commencing live on 20 January 2022. The “hydrogen economy” was first described 50 years ago, but failed to develop. Now hydrogen is making a comeback, with unprecedented momentum from both policymakers and industry amid a background of energy decarbonisation. Nevertheless, given its failure in the past, current investors and business developers in the sector are strongly advised to ensure they understand the complexities and competitive environments of the hydrogen landscape. This live online…
The new e-cigarette brand COEE announces that it will hold a brand launch conference and a cornerstone customer signing ceremony in Shenzhen on April 8, which has aroused the attention of the industry. As a new player in the industry, COEE has emerged as a leading brand in the fast-changing market environment. The COEE brand has also successfully won the favor of the younger Generation Z. Full of vitality and positive energy, COEE speaks for the Gen Z COEE recently disassembled and interpreted the connotation of his LOGO through its official announcement poster. We can find the meanings of C…
“Our expansive plan will help Indonesia to achieve the net zero emission target by 2060.” Pertamina Geothermal Energy (PGE) has planned to expand its installed geothermal power plant capacity in order to provide greater contribution to the reduction of greenhouse gas emissions in Indonesia, and support achieving the sustainable development goals (SDGs) on climate action, through implementing Environmental, Social, & Governance (ESG) based programs. “Our expansive plan will help Indonesia to achieve a net zero emissions target by 2060,” said the Chief Financial Officer (CFO) of Pertamina Geothermal Energy, Nelwin Aldriansyah, during a discussion session at the UN Global Compact…
BYD ADL pure-electric buses are playing a prominent role at COP26, the 26th United Nations Climate Change Conference in Glasgow. A fleet of ten BYD ADL Enviro400EV double deck buses have provided zero-emissions VIP transportation for world leaders, including UK Prime Minister Boris Johnson and UN Secretary-General Antonio Guterres, as they made the journey from the conference’s secure Blue Zone to an evening reception at Kelvingrove Art Gallery hosted by HRH The Prince of Wales. The British-built eBuses, produced within the electric bus partnership between BYD and Alexander Dennis Ltd (ADL), demonstrate how electrification is braced to transform public transportation…
On November 10th, TuringQ, China’s first photonic quantum computing company, announced its completion of a pre-A round of financing of several hundred million yuan, led by Legend Capital. The funds will be mainly used for R&D and commercialization of quantum algorithms. Recent years see global capital’s favor to photonic quantum computing, while 2021 has been regarded as the first year of photonic quantum by the industry. Qihui Fan the Managing Director of Legend Capital, said that Legend Capital has been making systematic planning on core technology. Quantum computing will have a profound impact on many industries and even bring disruptive…
PT Pertamina (Persero) has been implementing four community programs, based on adaptation and mitigation approaches as its Environmental, Social, and Governance (ESG), to support the government’s climate village program on reducing carbon emission. “In conducting the climate village program, Pertamina facilitates multi-stakeholders and multilevel collaboration in implementing a concrete climate action at the local level, especially in each nearby village from our operation areas,” the company’s corporate secretary Brahmantya Satyamurti Poerwadi said during an online talk show held at the Indonesia Pavilion on the sidelines of the 26th UN Climate Change Conference (COP26) in Glasgow on Tuesday. The four approaches…
The American Blockchain Political Action Committee (PAC) has officially launched its goal to raise $300 million dollars to advance and support present and future innovation of digital assets and blockchain in the United States. The American Blockchain PAC seeks to advance American innovation and dominance by challenging all proposed federal legislation, including the bipartisan Infrastructure Investment and Jobs Act (2021), that would place regressive taxation onto cryptocurrency exchanges, digital asset transfers, miners, node operators, Bitcoin ATM operators, and software developers. “As federal officials seek policy methodologies to navigate how public blockchain platforms and innovators should be regulated, the American Blockchain…
Initial fund targets medical devices, digital solutions, and diagnostics Olympus Corporation (Tokyo: 7733), a global leader in medical technology, has announced the establishment of Olympus Innovation Ventures to invest in pioneering startups with innovative technologies that improve clinical outcomes, reduce healthcare costs and enhance the quality of life for patients. Olympus Innovation Ventures, a fully-owned subsidiary of Olympus Corporation of the Americas, is a venture capital fund focused on startups poised to improve patient outcomes, radically advance the detection and treatment of disease, and transform the surgery suite. The new fund expands upon Olympus’ strategy to strengthen endoscopy and pioneer…
Tam Jai International Co. Limited (TJI or the Company; TJI together with its subsidiaries as the Group; HKG: 2217), a leading and renowned mixian-specialized fast-casual restaurant chain in Hong Kong, Mainland China and Singapore, announced its first interim results after listing. The Group has achieved remarkable results, with revenue soared by 43.0% year-to-year to HK$1,181.5 million. Taking out non-recurring listing expenses and government subsidies in relation to COVID-19, its adjusted profit surged by 107.8% to HK$147.0 million. This demonstrates the real strengths of TJI. Highlights Promising results in 1H2022 — Revenue increased by 43.0% to HK$1,181.5 million, mainly attributable to…
Infocus International Group, a global business intelligence provider, has confirmed the new date for its highly recommended LNG Supply, Demand, Pricing & Trading online training. The online training is back with a new agenda and it will be commencing live on 19 January 2022. 2021 has been a year of recovery for LNG demand as governments of importing countries have relaxed some of the restrictions imposed in response to the Covid-19 pandemic and economic recovery has started. However, the growth in LNG supply has been curtailed by unscheduled maintenance at some of the world’s liquefaction plants and by shortfalls in…
As a part of the world tour, the ASEAN edition of World CX Summit – FSI gathered pre-qualified CX leaders, Marketers & FSI experts virtually on 21 October 2021; to discuss how the latest technologies and customer insights can be combined to change CX as we know it. The fifth global edition featured keynotes, panel discussions, tech talks, private consultation rooms, private networking rooms, and more on Vmeets – a virtual events platform. CX leaders and enthusiasts had engaging sessions with speakers in Q&A sessions and emphasized the changing dynamics of customer experience across the globe. The summit presented an…
Acquisition expected to accelerate Company’s exposure to local lifestyle services Yeahka Limited (Yeahka or the Company, HKG: 9923), a leading payment-based technology platform in China, announced today that it has agreed to invest RMB100 million in Dingding Cultural Tourism (Chengdu) Co., Ltd. (the parent company of Qianqianhui, Qianqianhui) as registered capital and capital reserve of Qianqianhui. Following the acquisition, Yeahka will hold 60% of the enlarged share capital of Qianqianhui, and Qianqianhui will be integrated into Yeahka’s in-store e-commerce services solutions segment. Yeahka’s strategic investment in Qianqianhui further strengthens the Company’s capabilities in its technology-enabled business services segment by deepening…
Revenue jumps 62% to S$152.3 million for 9M2021, and 48% to S$57.7 million for 3Q2021 Rewards shareholders with proposed interim dividend of 1.0 Singapore cent per ordinary share for 3Q2021; total dividends of 3.0 Singapore cents per ordinary share for 9M2021 with dividend yield of 5.4%[1] Steady growth in core dental and medical clinics segment Progress in Acumen Diagnostics with pipeline of new PCR tests for infectious diseases, sepsis and cancer in addition to Covid-19 testing Q&M Dental Group (Singapore) Limited (Q&M or together with its subsidiaries, the Group), a leading private dental healthcare group in Asia, today reported net…
Congress just passed a $1.2 trillion spending package, aimed at mending the US roads and transport infrastructure. Democrats claim the bill pays for itself through a variety of sources without raising taxes. But the Congressional Budget Office reported that the bill would add $256 billion to the deficit over the next 10 years. If taxes are not raised, where is the money coming from? The CBO stated that the bill would raise about $50 billion by changing the tax reporting requirements for cryptocurrencies, among other measures. That would be half a billion per year out of a global market cap…
Blockpass is excited to reveal its most recent integration with IDO platform PlayPad. This effort will see Blockpass providing its enhanced solution for KYC, with a dedicated KYC remediation team, multiple reviews per identity, manual checks on selected profiles and spot reviews. PlayPad is a fully decentralized launchpad protocol in the metaverse which specifically targets Games and NFT centered projects with a ‘Tiers’ system that aims to create a fairer IDO process. Supporting VR, Gaming & Play2Earn projects in the metaverse, PlayPad offers multi-chain support, working with the Binance Smart Chain and Avalanche ecosystem, in addition to the Ethereum, Polygon,…
Lista is a bookkeeping app for MSMEs based in the Philippines. Through its financial inclusion app, they offer Filipinos a free and secure way of managing finances such as tracking debts, recording transactions, and even issuing invoices. Lista raised an oversubscribed round from 1982 Ventures, East Ventures, Saison Capital, Alternate Ventures, Monde Nissin Family Ventures’ Willy Arifin and prominent angel investors such as former Grab Philippines President and co-founder Brian Cu, Pinelabs CEO Amrish Rau, CRED Founder Kunal Shah, Jupiter Bank Chief Executive Officer Jitendra Gupta and Google APAC Senior Execs Aurelien Pichon, Alap Bharadwaj. Lista was founded by Aaron…
IBO Technology Company Limited (HKG: 2708) has announced a positive profit alert that the profit attributable to the owners of the Company of not less than RMB3 million for the six months ended 30 September 2021 (Loss attributable to the owners of the Company of RMB15.45 million for the six months ended 30 September 2020), which was mainly attributable to: — the substantial increase in revenue and gross profit during the Reporting Period as compared to the Corresponding Period of 2020, as driven by a significant increase in revenue from intelligent terminal products sales; — gain on change in fair…
AEON Credit Service (Asia) Company Limited (AEON Credit Service or the Group; HKG: 900) has announced the launch of a series of AEON credit card offers aimed to extend the impact of the government consumption voucher, for greater enjoyment of the traditional consumption peak season between Christmas and Chinese New Year. Always putting customers first, AEON Credit Service constantly provides customers with the most suitable offers so as to create the best experience for them. The recent well-received AEON x Ocean Park General Admission Promotion has allowed the Group to better understand customer needs and behavior. In view of the…