Author: Marie Jones

CIMC Vehicles (Group) Co., Ltd. (CIMC Vehicles or the Group, HKG:1839/SHA:301039) announces that it has been officially listed on the ChiNext Board of China and achieved “A+H” dual-listing status. For its listing on the ChiNext Board, CIMC Vehicles issued approximately 253 million shares at an offer price of RMB 6.96 per share. The total funds raised reached RMB 1.758 billion. Funds raised by CIMC Vehicles will continue to be allocated in constructing the “Sophisticated Manufacturing System”, including digitalization, research and development project, “Light Tower Plants” upgrade and construction project and new sales & marketing construction project, as well…

The biggest report ever on the growth of mobile wallets projects that one in two people will use a mobile wallet by 2025. At the end of 2020, there were over 2.8 billion mobile wallets in use. That number is projected to increase by nearly 74% to reach 4.8 billion mobile wallets in use by the end of 2025 – nearly 60% of the world’s population. The fastest-growing markets are Southeast Asia, Latin America, and Africa & Middle East where mobile wallets are displacing cash and cards for more convenient digital payments. Boku, a fintech pioneering the world’s first global…

VFS Global, Affinidi’s Unifier and Accredify have announced a strategic partnership to provide an end-to-end digital solution for COVID-19 (RT-PCR) testing for Singapore-bound travellers from Indonesia. With the gradual easing of restrictions by countries while ensuring the safeguarding of public health and traveller safety, a smart and reliable COVID-19 testing and verification solution is now a prerequisite for restarting international travel. The partnership will provide a convenient solution for all travellers who are required to undergo pre-departure testing – a mandatory requirement for travellers entering Singapore from countries classified as high risk. VFS Global, Accredify and Affinidi’s Unifier are leveraging…

New materials, with the new international situation, has become a key segment for overcoming market challenges, and is favoured by national strategic development planning policies. Pearlescent materials and synthetic mica are high value-added new materials. Global New Material (6616.HK), which carried out its IPO from June 30 to July 6 and plans to issue 290 million shares at HKD3.52-4.22 when it lists July 16, produces China’s market-leading shares in both. Pearlescent materials are expected to boom, achieving a market size of over RMB140 billion. Pearlescent materials have dominant advantages when compared with traditional pigments. As a new consumable material without…

TOKYO, July 8, 2021 – (JCN Newswire) – With regard to the media coverage made by Nihon Keizai Shimbun (NIKKEI: The Japan Economic Journal) published on July 8, 2021 reporting that Showa Denko (SDK; TSE:4004) will sell off the lead-acid battery business operated by Showa Denko Materials Co., Ltd., which is a member company of the Showa Denko Group, SDK has never released such news, and the coverage is not based on information disclosed by SDK. SDK has been investigating various measures to increase its corporate value, including review of the Showa Denko Group’s business portfolio. Regarding this issue, SDK will suggest a draft…

Global New Material, the global leader in the field of new consumable materials, specifically pearlescent materials, is currently in the offering stage, a step away from its official June 17 listing (HKG: 6166) on the Stock Exchange of Hong Kong. Global New Material International Holdings Limited, or Global New Material, has become the largest pearlescent material manufacturer in China and is aiming to be the largest in the world by virtue of its unique technical advantages. Synthetic mica is expected to replace traditional pigments, while pearlescent materials should further expand in middle and high-end consumption fields, ushering in higher localization…

PixelPotus launches their NFT collectible card game with flying colors as the Tezos community welcomes pixelated presidential tokens with open arms. Just halfway through 2021 and we see non-fungible tokens (NFTs) becoming a staple in every crypto enthusiast’s diet. With the NFT market total transaction value reportedly tripling in 2020 alone, NFT utilities and use cases continue to appear, and evolve throughout every corner of the crypto space. Through the myriad of evolutionary pathways NFTs tread, nostalgia is one such pathway that PixelPotus pioneers, and molds anew. Collecting cards has never been this innovative or competitive. What is PixelPotus? Accurately…

– High transmission power at high modulation with the quality of the IAG/IAP series – – Industry’s highest-capacity outdoor module capable of supporting multiple channels – NEC Corporation (TSE: 6701), a leading provider of wireless solutions, today announced the release of new iPASOLINK IAP3 series High-Power Outdoor Units (ODU) and a next generation Outdoor Branching (BR) Combiner (OBC2) to help answer the challenges operators face in increasing 5G network capacity and accelerating deployment needs. NEC’s iPASOLINK ODUs are well-known and trusted for their reliability and market-leading performance by network operators that require high availability and high capacity operation over a…

A provider of integrated marketing solutions in Greater China, Activation Group Holdings Limited (Activation or the Company, collectively, the Group, HKG: 9919), today issued a positive profit alert. Based on a preliminary review of the unaudited management accounts of the Group for the six months ended 30 June 2021 (the Interim Period), the Group is expected to record a net profit of approximately RMB38.0 million for the Interim Period, as compared to the net loss of approximately RMB20.0 million for the six months ended 30 June 2020. Based on the relevant information available, the expected increase in the net profit…

ACT Genomics Co. Ltd. (ACT Genomics or the Group) has completed the acquisition of MC Diagnostics Ltd. (MCD), a specialist molecular diagnostic company based in the United Kingdom, which marks the Group’s entry into the European precision medicine market. Founded in 2006, MCD provides expertise in the automation of multiplexed molecular assays as well as custom-designed image analysis and interpretation software. MCD has designed, developed and manufactured an automated low-density array platform (“ALDAS”), which is currently providing proven clinical diagnostic assays in the fields of HLA typing and blood group diagnostics. Revolutionary Breakthrough in GeneChip Technology Effective and affordable cancer…

Dusit International, one of Thailand’s leading hotel and property development companies, has expanded its presence in the Middle East with the opening of dusitD2 Naseem Resort, Jabal Akhdar – the first Dusit-branded hotel in Oman. Owned by the Oman Tourism Development Company (OMRAN), which is the executive arm of the Sultanate for tourism development, the deluxe resort is located within a brand new 8,000 sq m Adventure Park on the Saiq Plateau in the Jabal Akhdar area, just a five-minute drive from the ‘Grand Canyon of the Middle East,’ and two hours by car from Muscat International Airport. Comprising 252…

CETIN a.s. and NEC Europe Ltd., a wholly owned subsidiary of NEC Corporation, announced today the signing of a large network security project. Based on solutions of Fortinet and Cellusys, NEC will provide end-to-end services ranging from installation and commissioning to modernizing CETIN Group’s network in Serbia, Hungary and Bulgaria as well as Telenor’s network in Montenegro. CETIN Group’s extensive, 24/7 supervised networks provide superior voice, data, TV, video, IT, and cybersecurity services to wholesale customers in the region and internationally. This project was initiated to enhance CETIN’s network in their major territories in Central and South Eastern Europe. NEC,…

As one of the seven strategic emerging industries in China and one of the ten key areas of development under the “Made in China 2025” policy, the new material industry is considered the high-tech industry with the greatest potential in the 21st century, with significant impact on future development. Global New Material International Holdings Limited (Global New Material) is a leading player in the market segment, with main products including natural mica, synthetic mica, silica, alumina and other base materials, all representative of the segment in new consumable materials featuring high market barriers, high added value and broad market prospects.…

Value Convergence Holdings Limited (VC Holdings, together with its subsidiaries, the Group; HKG: 0821) announced that the Group has entered into the sale and purchase agreement with iDreamSky Technology Holdings Limited (iDreamSky) to acquire its Rainbow Software, Dolphin Software and Nvwa Software at RMB45.00 million (equivalent to approximately HK$53.83 million). In addition, the Group is to acquire the entire issued share capital of Dream Impression Holdings Limited (Dream Impression) from Shenzhen Qianhai iDream Technology Co., Ltd., an indirect wholly-owned subsidiary of iDreamSky at RMB28.00 million (equivalent to approximately HK$33.49 million). The total consideration of the two acquisitions is RMB73.00 million…

Spritzer Malaysia (Spritzer or the Company), which produces Malaysia’s best-selling natural mineral water, is urging Rakyat Malaysia to register themselves for the COVID-19 vaccination to protect themselves and those around them from the spread of new variants that are more transmissible and deadlier given that only about half of the country’s population is registered. Since the pandemic started in 2020, the Company has been working closely with frontliners such as the medical team, police force, the military and enforcement agencies to ensure that there is clean water supply available, nationwide. In view of the seriousness of the pandemic, Spritzer has…

On July 2, 2021, DENSO CORPORATION launched its new online media website “The COREs”. As CASE (connected, autonomous, shared and electric) technologies spread and advance in today’s world, automobiles are undergoing a transformation into a more complex, larger-scale combined system. Furthermore, cars are becoming interconnected with the rest of society, raising their contribution to the mobility-centered society as a whole. Through the new media website “The COREs”, DENSO aims to communicate with this emerging mobility-centered society, providing information on its technologies, software solutions, and the working styles of the many engineers behind DENSO’s operations. DENSO is using this online media…

Glasstech Asia aims to be the leading community that facilitates communication, learning, networking amongst industry professionals to increase business collaborations and address the latest developments in the industry, while catering to industry professionals from different sectors. As part of this effort, Glasstech Asia is pleased to collaborate with PERAFI (Indonesian Facade Association) to introduce a new series of webinars, Glasstech Asia x PERAFI, that focuses on facades and its related building materials. Bringing together international industry experts, the webinars seek to improve the excellence of building facade industry through active discussions on key topics and content sharing from different industry…

Integrated Control of Air Conditioners and Commercial-use Water Heaters Aims to Further Expand Sales Channels, Mainly in Europe – Control of up to 128 air conditioners through a single console, combined with a special interface allowing connection of up to 16 commercial-use water heaters. – SC-SL4-BE2 model has functionality to calculate per-minute charges for use of air conditioning in leased buildings. Mitsubishi Heavy Industries Thermal Systems, Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, will release two new models of central control consoles that allow air conditioning units and Q-ton* commercial-use CO2 heat pump water heaters to be controlled…

Mitsubishi Corporation (MC), Narita International Airport Corporation (NAA), Japan Airport Terminal Co., Ltd. (JAT), and JALUX Inc. (JALUX) are pleased to announce that the New Ulaanbaatar International Airport (Official name: Chinggis Khaan International Airport) will be officially opened to the public on July 4, 2021. The new airport will be operated by the partners’ joint venture with the Mongolian government that was established in 2019. Under the terms of its concession agreement with the government, New Ulaanbaatar International Airport LLC (NUBIA) will be in charge of airport operations for the next 15 years. The new airport was originally scheduled to…

Mitsubishi Corporation (MC), Shobunsha Holdings, Inc. and Shobunsha subsidiary MAPPLE, Inc. (MAPPLE) are pleased to announce the signing of a memorandum of understanding (MoU) between MC and MAPPLE regarding joint studies on new tourism services. The services will combine each company’s unique expertise with advances made by HERE Technologies (HERE)(1), a leading provider of location-based information technologies. The partners recently launched a pilot project to create localized mobility demand in the Aizukawamatsu “smart city’ in Fukushima Prefecture. The project is being undertaken in collaboration with the Aizuwakamatsu Tourism Bureau, a general incorporated foundation. Aims Under the MoU Although the tourism…