Author: Marie Jones

First-ever roundup of companies recognized for management excellence in performance and value creation, market penetration and customer engagement, talent, and leadership team Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced that it has been named to Inc.’s first-annual ‘Best-Led Companies’ list – a select, data-driven list of the strongest U.S. firms with revenue of $50 million to $2 billion. This novel program is the first Inc. recognition to honor both public and private companies. The final list recognizes 250 companies that are agile enough to maneuver but also big…

In line with President Joko Widodo’s direction to transform businesses towards a green economy, Pertamina is pursuing the Government’s target of reducing 29% Greenhouse Gas (GHG) emissions by 2030 with its own efforts and 41% with international assistance. With that spirit, the Ministry of SOEs has also introduced a sustainable policy, namely “Eco Lifestyle,” The policy aims to create a better place for the future generation of Indonesia through green energy initiatives. To support this step, the Ministry of SOEs encourages Pertamina to collaborate with various parties. It includes global companies in the development of Carbon Capture and Utilization and…

Industry elites examine key issues as global supply chain reshapes Jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), the 11th Asian Logistics, Maritime and Aviation Conference (ALMAC) opened today at the Hong Kong Convention and Exhibition Centre (HKCEC), running in a hybrid format, with both physical and online elements, for the first time. At this annual signature event for the maritime, air freight, logistics and supply chain management sectors, 60-plus industry experts and leaders will share their insights at close to 30 sessions. The two-day conference expects…

JSP Pharmaceutical Manufacturing (Thailand) PCL (SET: JP), a developer, manufacturer and distributor of modern and traditional medicines, herbal products and nutritional supplements, is debuting on the MAI today. JSP is ready to pursue growth through developing new products under own brands, aiming for higher profit margins by boosting own brand sales to 50% of total sales of all products, while increasing capacity, improving capital management efficiency, expanding OEM production, and ultimately leading in the R&D, production and distribution of medicines and nutritional supplements. Dr. Sittichai Daengprasert, Chief Executive Officer of JSP Pharmaceutical Manufacturing (Thailand) PCL, whose shares will begin trading…

Igloo has been named amongst the ‘2021 Inclusive Fintech 50’ – from nearly 300 eligible applications globally In August 2021, it also won ‘Insurtech Initiative of the Year’ at the 6th Insurance Asia Awards for its innovative solution with PhilPacific Insurance Brokers & Inc In 2021, Igloo has established over 15 key partnerships in diverse verticals to strengthen its footprint across the region, including leading food delivery and mobile wallet platforms in Singapore, Indonesia, and the Philippines. The company aims to strengthen its foothold in Southeast Asia through more strategic partnerships by the end of this year. Regional insurtech, Igloo,…

Family cord blood bank Cryoviva Singapore is pleased to announce that it has now been accredited by the Association of the Advancement of Blood & Biotherapies (AABB), formerly known as the American Association of Blood Banks, for both cord blood and somatic cells’ banking services. Cryoviva is the first family cord blood bank in Singapore to get accredited by AABB for Somatic Cells’ processing, storage, and distribution. The company had already been accredited by AABB previously for Cord blood collection, storage, processing and distribution, an accreditation that has been successfully extended until September 30, 2023. The news of the AABB…

Indonesia’s largest energy company, PT Pertamina (Persero), has said it has implemented several initiatives to support the government’s target of reducing greenhouse gas emissions from the energy sector. According to the company’s president director & CEO, Nicke Widyawati, Pertamina has been focusing on reducing gas emissions, especially in the areas of road transport, aviation, shipping as well as chemical and petrochemical industry – which based on world charts, contribute less than 20 percent carbon emissions. “The most carbon emission reduction is coming from our operational efficiency in refinery and upstream facility, flare gas utilization, waste heat recovery in upstream and…

Key shareholders and senior management of China Risun Group Limited (China Risun, or the Group, HKG: 1907), a leading integrated global coke, coking chemicals and refined chemicals producer and supplier and relevant operation management service provider, have recently time and again increased shareholdings in the Group, indicating their confidence in the Group’s development prospects. China Risun’s controlling shareholder Texson Limited and Yang Xuegang, Chairman of the Board and CEO of the Group, bought a total of 2.18 million shares of China Risun in the market on average at HK$4.7028 per share and HK$4.54 per share on 27 and 28 October.…

TOKYO & HONG KONG, Nov 2, 2021 – (JCN Newswire) – JCB International Co., Ltd., an international operations subsidiary of JCB Co., Ltd., has launched JCB Contactless payment service in the e-payment system of Long Win Bus Co. Ltd. (“LWB”), in partnership with Bank of China (Hong Kong) Limited (“BOCHK”). The new service is applicable to the whole LWB fleet. The Contactless payment service is now ready on about 1,300 buses and 100 bus routes in total, including the e-payment systems installed earlier in September 2021 on the buses of The Kowloon Motor Bus Co. (1933) Ltd. (“KMB”). JCB logo is shown on the…

The leading express freight network operator in China’s less-than-truckload (LTL) market – ANE (Cayman) Inc. (the Company, together with its subsidiaries, the Group, HKG: 9956), announces details of its Global Offering and listing on the Main Board of the Stock Exchange of Hong Kong Limited (Hong Kong Stock Exchange). Highlights of the Global Offering: Number of Offer Shares under the Global Offering: 80,220,000 Offer Shares (subject to the Over-allotment Option); Number of Hong Kong Offer Shares: 8,022,000 Offer Shares (subject to reallocation); Number of International Offer Shares: 72,198,000 Offer Shares (subject to reallocation and the Over-allotment Option); Offer Price Range:…

The labels of fashion, vitality, and dynamic or young people seem to be incompatible with the elements of the 80s. However, on October 24, VOOPOO’s Drag Nano 2 sponsored Indonesia’s well-known electronic atomization media Vapemagz, bringing the cool spirit of trendy new-adult generations to the “80s”. Indonesia’s BSD Xtreme Park, Tangerang, Banten: Well-known Indonesian media “Vapemagz” organized a new-adult generation cross-border event “Back to 80’s”, presenting fashion culture and retroelements, with Drag Nano 2 sought by people on the scene. In Indonesia’s BSD Xtreme Park, Tangerang, Banten, the well-known Indonesian media “Vapemagz” organized new-adult generations cross-border event called “Back to…

Thai Union Feedmill PCL (SET: TFM), a manufacturer and distributor of aquaculture and commercial animal feeds, is confident of positive investor response following the company’s listing on the Stock Exchange of Thailand (SET) today. Determined to be the leader in the aquaculture and commercial animal feed business, TFM aims to grow in overseas markets through cooperative agreements, joint ventures with trading partners, and direct exports in order to support food security for Asia’s future. Bunluesak Sorajjakit, TFM Chief Executive Officer, said the Company, which began trading in the Agribusiness sector under the symbol “TFM”, has over 20 years experience in…

TRON, a leading public chain, is pleased to announce a major initiative with BitTorrent Chain (BTTC) test network, a layer 2 cross-chain scaling solution compatible with TRON, Ethereum and BSC (HECO and OEC to be integrated in the near future). BTTC officially went live on October 30. BTTC is the first heterogeneous cross-chain interoperability protocol in the industry, with core advantages such as fast transmission speed and low transaction costs while ensuring asset security. BTTC was born to address the need for cross-chain scaling solutions. Public chain projects are growing rapidly in number. However, many of these projects are not…

Pentamaster International Limited (PIL or the Group) which is listed under the Main Board of The Stock Exchange of Hong Kong Limited announced its interim financial results for the nine months period ended 30 September 2021 (9M2021) today. The Group recorded a new record in its quarterly revenue, with 9M2021 revenue stood at MYR385.7 million and its net profit stood at MYR86.4 million, marking an improvement of approximately 25.1% and 9.2% respectively from the corresponding period last year. For the nine months ended 30 September 2021, the Group’s revenue was contributed by both the ATE and FAS segments, with each…

On October 30, TRON tweeted to announce the official launch of BitTorrent Chain (BTTC) test network. BTTC is already compatible with TRON, Ethereum and BSC. It will also support HECO and OEC in the near future. Down the road, BTTC will arrive on more public chains to deliver its mission of connecting all chains. In the meantime, TRON will earmark $1 billion to spur the migration of projects from Ethereum onto BTTC.BTTC is co-developed by the core teams of BitTorrent and TRON, and is the first heterogeneous cross-chain interoperability protocol in the industry. It features a PoS consensus mechanism and…

SGX Catalist-listed Hatten Limited (Hatten Land, Company, and together with its subsidiaries, the Group) is pleased to announce that its wholly-owned subsidiary Hatten Technology (S) Pte. Ltd. (Hatten Technology) has signed a joint venture agreement (JVA) with homegrown fintech company HydraX Pte. Ltd. (Hydra X) to establish a joint venture company (JVC) to jointly develop and operate ‘first-of-its-kind’ cryptocurrency exchanges (Crypto Exchanges) in Singapore and Malaysia.The Crypto Exchanges and related custodian services are subject to obtaining the necessary regulatory approvals which JVC will be applying for in both countries. The two Crypto Exchanges, are believed to be the first such…

Wintermar Offshore Marine (WINS:JK) has announced turnaround results for 9M2021 with a net profit of US$0.49 million following a loss of US$7.44 mil in 9M2020. Stronger oil prices and measures to streamline the fleet and reduce gearing helped in turning the Company around after several years of heavy losses. In line with the positive outlook for oil prices, utilization also improved to 66% in 9M2021 compared to 63% in 9M2020. Owned Vessel Division Owned Vessel Revenue for 9M2021 was reduced by US$0.2 million to US$24.4 million compared to 9M2020. During July and August, the delta variant of COVID-19 hit Indonesia…

Seoul, Nov 1, 2021 – (ACN Newswire) – IMA® (Institute of Management Accountants) and the Management Accounting Association of Korea (MAAK) have recently signed a Memorandum of Understanding (MoU). The MOU expands their current relationship and outlines the basis for ongoing cooperation, collaboration and alignment between the two organizations. The MoU, signed by IMA President and CEO Jeff Thomson, CMA (U.S.), CSCA, CAE, establishes IMA’s relationship with MAAK, a non-profit association. MAAK was founded on June 8, 2000 to strengthen management accounting research and practice through academic symposiums, publications, and international information in Korea. As part of the partnership, MAAK will actively…

In the advent of its first listing anniversary, Shimao Services Holdings Limited (Shimao Services or the Company; HKG: 873) has been very active – setting up its second headquarters in Chengdu, cooperating with Lang Chao Infrastructure, undertaken overall operation and maintenance of the Westlake University Yungu Campus in Hangzhou, Zhejiang, among others. In the first half of this year, Shimao Services achieved operating revenue of RMB4,234 million, a 171% surge year-on-year. Its net profit attributable to the parent was RMB578 million, up 136% year-on-year. According to its 2020 results announcement, Shimao Services achieved a five-fold growth in both revenue and…

Having fulfilled the five conditions set out in the Resumption Guidance on 29 October 2021, GCL-Poly Energy Holdings Limited (HKG: 3800) (GCL-Poly or the Company; together with its subsidiaries, the Group) has made an application to The Stock Exchange of Hong Kong Limited (the Stock Exchange) for the resumption of trading in GCL-Poly’s shares with effect from 9:00 a.m. on 1 November 2021 (tomorrow) on the Stock Exchange. Fulfillment of the five conditions in the “Resumption Guidance” are as follows: 1. Conduct an appropriate independent investigation into the various concerns raised by Deloitte in the Auditor Letter, assess the impact…