Author: Marie Jones

Beats Expectations, Gradually Expands from Payment to Digital Technology-Enabled Business Services Yeahka Limited (Yeahka or the Company) (HKG:9923), a leading payment-based technology platform in China, is pleased to announce the interim results for the six months ended 30 June 2021 (the Reporting Period or the first half). Financial Highlights — During the Reporting Period, the Company’s total revenue reached RMB1,402 million, representing a YoY increase of 30.2%. Revenue from technology-enabled business services increased rapidly by 86.6% to RMB358 million. — The Company recorded net profit of RMB291 million, growing 30.7% YoY; adjusted net profit grew 142.2% YoY to RMB318 million.…

Azelis, a leading innovative service provider in the specialty chemicals and food ingredients industry, is proud to publish its second sustainability report which covers the 2020 group-wide sustainability performance. Highlights & rationale – The report showcases Azelis’ environmental, social, and governance (ESG) commitments and reinforces its ambitions to become the world-leading provider of sustainable solutions and services – Azelis sustainability strategy, Action 2025, is built upon four pillars: People, Products and Innovation, Governance and Environment – Azelis was awarded a Platinum rating by EcoVadis, the highest distinction in the supplier sustainability rating scheme, a recognition of its sustainability commitments Azelis’…

Net Profit Surged 87.5% YoY Significant growth in own brands sales with blockbuster new products received overwhelming responses Synergy of the three major production bases across Northern, Central and Southwest China is gradually manifesting HONG KONG, Aug 26, 2021 – (ACN Newswire) – Tianyun International Holdings Limited (Tianyun International, together with its subsidiaries, the Group) (HKG:6836), a leading seller and manufacturer of processed fruits products in China is pleased to announce its interim results for the 6 months ended 30 June 2021 (Review Period). During the first half of 2021, China’s economy enjoyed a strong start with consumption and investment in the manufacturing sector…

Liberty Star Minerals (Liberty Star or the Company) (OTCQB:LBSR) an Arizona-based mineral exploration company, is the sole holder of Arizona State Land Department Mineral Exploration Permits (MEPs) over its Red Rock Canyon Gold Prospect. The Prospect lies within the Company’s larger Hay Mountain Project in southeast Arizona that may possess commercially important metals associated with porphyry copper-gold-molybdenum geologic structures. The Company is pleased to announce the execution of a $1,000,000 common stock purchase agreement (the Purchase Agreement) and a $1,000,000 warrant agreement (the Warrant Agreement, together with the Agreements) with Triton Funds LP (Triton) of San Diego, California. Under the…

Persists with “One Focus, One Core and Two Wings” Strategy Continues to build a high-quality development road that integrates “industry, city and people” Huijing Holdings Company Limited (Huijing Holdings or the Group; HKG:9968), an integrated residential and commercial property developer in the PRC, with a strong presence in the Greater Bay Area, has today announced its unaudited interim results as at 30 June 2021. Strong growth of contracted sales and steady improvement of results For the six months ended 30 June 2021 (period), the Group’s strategic blueprint of a “one focus, one core, and two wings” quality property mix and…

VCREDIT Holdings Limited (VCREDIT or the Group; HKG:2003), a leading independent online consumer finance provider in China, is pleased to announce its unaudited interim results for the 6 months ended 30 June 2021 (the Period). During the Period, the Group’s total income increased by 56.2% to RMB1,880.0 million year-on-year (1H 2021: RMB1,203.8 million). The Group adjusted Net Profit RMB805.0 million (1H 2020 Adjusted Net Loss: RMB1,042.0 million), achieving a significant turnaround. The Board has recommended an interim dividend of HK10 cents per ordinary share of the Company(the Share) and a special dividend of HK10 cents per Share for the Period…

As demand for flexible workspaces in Hong Kong continues to grow, Asia’s leading premium flexible office solutions provider, The Executive Centre (TEC), is expanding its portfolio in the City. Assisted by CBRE Hong Kong, the company has secured another prime location in Central to satisfy rising demand for top-tier flexible workspace. “This modern, flexible and well-equipped workspace situated in a highly desirable location will be an attractive proposition for clients, particularly those in the financial services sector,” says Ada Fung, Executive Director, Head of Advisory & Transaction Services – Office Services, CBRE Hong Kong. “We’re delighted to have played an…

WINS’ management repositioning Company for expansion, through fleet restructuring and refocusing on future growth areas. In the Public Expose on 25th August 2021, PT Wintermar Offshore Marine Tbk (WINS:JK) Managing Director Sugiman Layanto affirmed the positive outlook for the Company, as higher oil prices have initiated a new investment cycle for Offshore oilfield development. The Company’s Annual General Meeting of Shareholders (AGM) on 19th August 2021 approved the issuance of up to 415 million shares without pre-emptive rights, of which 400 million are to be issued at any time within the next 24 months, which together with the Company’s lowered…

VOOPOO’s international new product launch came on August 18 as scheduled, during which annual new product DRAG X PRO was officially released. With VOOPOO constantly pushing the boundaries of performance and design, DRAG X PRO is meeting the diverse needs of its users and bringing innovative experiences to consumers around the world. The newly developed TPP X POD is the powerful guarantor for the stable operation of DRAG X PRO. On one hand, two atomizing cores, 40W and 80W, not only optimize the stable output of high power but also meet the users’ pursuit of high performance and big clouds.…

Apex Ace Holding Limited (Apex Ace or the Company; HKG:6036) and its subsidiaries (collectively referred as the Group), a Hong Kong-based supplier of digital storage products and electronics components along with relevant technical support, has posted a revenue of approximately HK$1,423.9 million, representing a year-on-year leap of approximately 97.6% for the six months ended 30 June 2021 (1H2021 or the Review Period). Profit attributable to owners of the Company rocketed to approximately HK$26.6 million from the HK$1.0 million recorded for the six months ended 30 June 2020 (1H2020 or the Last Corresponding Period). During the Review Period, the semiconductor market…

Shimao Services Holdings Limited (Shimao Services or the Company; HKG:873), a leading comprehensive property management and community living services provider in China, has announced its 2021 interim results, reporting an operating revenue of RMB 4,234 million, a year-on-year increase of 171%. Profit attributable to equity shareholders of our Company was RMB578 million, a 136% surge year-on-year. The Company’s GFA under management and various operating indicators also swelled markedly, accomplishing strong growth during the reporting period. During the results announcement press conference, Mr. Hui Sai Tan, Vice Chairman of the Board and President of Shimao Group, and Chairman of the Board…

One of the Largest Water Supply Infrastructure Projects & the First Project to Employ Tunnel Boring Machine in Metro Manila Area Raises Standard of Philippines Local Infrastructure Works Chun Wo Construction Holdings Company Limited (Chun Wo), a subsidiary of Asia Allied Infrastructure Holdings Limited (HKG:711), is pleased to announce that the contract of Novaliches-Balara Aqueduct 4 (NBAQ4) project in the Philippines has completed breakthrough on 14 August and the online Breakthrough Ceremony was held in the morning. This marks an important milestone for Chun Wo as it is the first project for the company in the Philippines and is part…

Central Global Berhad’s (Central Global or Company) wholly-owned subsidiary, Central Global Technology Sdn. Bhd. (CGTSB) has signed a memorandum of understanding (MoU) with Smart Sabah Corporation Sdn. Bhd. (Smart Sabah) to discuss the set-up of a joint venture (JV) for the construction of a dashboard for Sabah’s Ministry of Finance. The MoU, which is valid for six months from the signing, will be the framework from which CGTSB and Smart Sabah explore collaboration leading to a JV for the dashboard’s planning, design, development, implementation and maintenance. Central Global is a producer of industrial masking tapes and label stocks as well…

ESPRIT HOLDINGS LIMITED (Esprit, the Company or the Group; HKG:330) has today announced its unaudited financial interim results for the six months ended 30 June 2021 (the Period). Group revenue for the Period was approximately HK$3,872 million, a marginal decrease of around 5.8% from the six months ended 30 June 2020 (the Corresponding Period), primarily resulted from lower revenue in Europe, (approximately 14.4%) due to stringent pandemic related operating restrictions, as well as the Company’s temporary exit from Asia Pacific and the closure of several low-performance stores. The reductions were tempered by a stronger performance from the Company’s digital operations,…

AI and RPA have been growing as enablers for the limitless growth of the economy in MENA. With more and more government initiatives looking to push the boundaries of innovation across sectors, reports estimate an annual growth through AI to range between 20-34 per cent per year for these economies. The 29th global edition of the World AI & RPA Show is expected to convene over 300 participants online including, government leaders, CIOs, CEOs, CTOs, Heads of AI and innovation and AI experts from across the globe to explore MENA’s untapped opportunities in AI and RPA. “With hand-picked experts from…

NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has entered into a definitive agreement to acquire 100% of the assets of Token IQ, a leading innovator in digital asset management with its smart compliant token technology. Token IQ has many unique capabilities, but its greatest attributes are its ability to afford cryptocurrency owners a solution to replace their assets should they lose access to, or control of, their assets and its handling of “Know Your Customer” (KYC) issues — solving many key regulatory requirements. NextPlay will not only look to license…

Forbes Finance Council is an Invitation-Only Community for Executives in Accounting, Financial Planning, Wealth and Asset Management, and Investment Firms Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced its CFO, Omar Choucair, has been accepted into Forbes Finance Council, an invitation-only community for executives in accounting, financial planning, wealth and asset management, and investment firms. Choucair was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as…

Singapore-based Princeton Digital Group (PDG), Asia’s leading data center provider, today announced plans for a greenfield development in Jakarta, Indonesia, as part of PDG’s plan to expand its footprint to serve its customers’ needs in the booming Indonesian digital economy. With 19 data centers across 5 countries PDG has built an unrivalled footprint in less than 4 years since its inception. The company recently announced an investment of USD 1 billion to open a 100 MW flagship data center campus in Japan. The new 22MW data center, to be named Jakarta Cibitung 2 (JC2), is being built within the same…

Kingsoft Office Group to Pursue “Multi-screen, Cloud, Content, AI and Collaboration” Strategy Online Games Business to Focus on Premium Game Strategy Kingsoft Corporation Limited (Kingsoft or the Company; HKG:3888), a leading Chinese software and Internet service company, has announced its unaudited 2021 interim results and its second-quarter results for the period ended 30 June 2021. For the first half of 2021, the revenue of Kingsoft increased 17% year-on-year to RMB3,039.1 million. Revenue from office software and services business increased 70% year-on-year to RMB1,557.2 million. Revenue from office software and services and online games and others represented 51% and 49%, respectively,…

Redsun Services Group Limited (Redsun Services or the Group) (HKG:1971), a fast growing comprehensive community services provider focusing on the Yangtze River Delta, is given Buy rating by CEB International with a target price of HK$6.0. CEB International considers that the net profit of Redsun Services raised by 60.4% year-on-year to RMB 37.4 million in the first half of 2021, which is in line with their expectation. The main reasons include: 1) the increase of GFA under management; and 2) community value-added services grew strongly. By the end of June this year, the total GFA under the management of the…