1982 Ventures backs Hugo, a Singapore-based digital wealth and savings app that helps Singaporeans develop healthy saving and investing habits. The Hugo app is now available in both Apple iOS and Google Play for iOS. Hugo raises $2 million (USD) in Seed round from 1982 Ventures and prominent family offices and angels Hugo’s Wealthcare App gives customers control over their financial well-being and access to flexible savings and investment products Hugo recently launched its Gold Vault which makes investing in gold easy and accessible to all, with increments as small as S$0.01 Hugo has secured funding of $2 million (USD)…
Author: Marie Jones
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The Board of Joy Spreader (06988.HK), a Hong Kong publicly traded company, made voluntary announcement regarding its plan of adoption of Share Award Scheme through a stock repurchase program on June 21st, 2021. The announcement says that the Scheme serves the purposes to recognize the crucial and remarkable dedications and contributions of certain directors, employees, consultants and advisers of the Company, as well as to incentivize them to retain longer term tenure with the Company, while to motivate them to endeavor for the future development and expansion strategy. Analysts credit that the Company has delivered an impressive growth dynamics and…
MANILA – Seas have acquired unparalleled importance in modern times owing to their trade routes and rich resource base. The territorial claims of sovereignty over the various unclaimed and disputed regions are thus on the rise fueling further conflict, friction and chances of the potential outbreak of violence. The South China Sea and its island chains are experiencing rising escalation and tension first-hand. The situation as it is in the South China Sea is very alarming owing to the power imbalance in the region. This shifted axis of power is concerning for the smaller states in South East Asia and…
Following the success of Pinduoduo, the market in lower-tier cities and counties can always tell a fascinating story in the capital market. In a competitive society where involution is becoming more and severe, exploring the market in lower-tier cities and counties, as a trend strategy originated in the e-commerce industry, also starts to prevail in other industries where people are seeking breakthroughs, such as the property management industry. Not long ago, in a live broadcast event, Felix Wang, Chairman, ED & CEO of Central China New Life (HKG: 9983), mentioned several future development directions of Central China New Life, which…
Two major cryptocurrency trading platforms have listed Fantom within the last 24 hours, as the blockchain platform and its native token FTM continues to grow their footprint across the globe. 1. Bitfinex, one of the world’s oldest exchanges, has announced the listing today. 2. US-based digital currency exchange Gemini announced the listing of FTM yesterday, allowing US citizens to buy and trade on their regulated trading platform. Fantom has been showing remarkable growth in the first quarter of 2021. It enables users to make blockchain transactions without the hassle of high fees, complicated interfaces, slow transaction speeds and weak security.…
– Taking on Former UFC Superstar Vitor Belfort at First-Ever TrillerVerz Fight Club Festival – Full festival Weekend of September 10-12 Triller today announced that 11-time Boxing World Champion Oscar De La Hoya will return to the ring to face Former UFC Superstar Vitor Belfort on Saturday, September 11, 2021 in Las Vegas, NV as part of the new TrillerVerz, the first-ever festival bringing together the power of Verzuz and Fight Club into one massive weekend festival. This will be the first of the TrillerVerz festivals. The inaugural TrillerVerz will launch Friday, September 10 with a live Verzuz, followed by…
– Revenue Increased by 65.3%, Profit for the Year Increased by 340.6% – Proposed Final Dividend of 4.0 HK Cents per Share Grand Ming Group Holdings Limited (Company, together with its subsidiaries, collectively referred to as the Group; 1271.HK) announces its annual results for the year ended 31 March 2021 (FY 2020/21). Highlights: – Revenue amounted to HK$1,492.4 million, an increase of 65.3% from the previous financial year. – Net profit was HK$149.0 million, representing an increase of 340.6%. – Underlying profit, excluding the changes in fair value of investment properties, increased by 234.2% to HK$147.6 million. – Proposed payment…
Amid rising concerns over the threat and economic impact of COVID-19, Holista Colltech Ltd (Holista) has been granted permission for special access under the Medical Device (Exemption) Order 2016, from the Medical Devices Authority (MDA) of Malaysia’s Ministry of Health (MOH) to import and distribute the antigen rapid test kit (RTK-AG) developed and manufactured by Hecin Scientific Inc. (Hecin), Guangdong, China. With this approval, the Company has secured an initial order for 15,000 units in Malaysia. Holista, a natural wellness and health products specialist headquartered in Petaling Jaya and listed on the Australian Securities Exchange (ASX: HCT), said the Hecin(TM)…
Retiring executive directors also re-elected to the board Leon Fuat Berhad (Leon Fuat), a manufacturer and trader of steel products, specialising in rolled long and flat products, is pleased to announce today that all the resolutions of the Group’s 14th AGM and EGM for the financial year ended 31 December 2021 has been passed by shareholders at a virtual meeting. Shareholders passed a resolution for Supreme Steelmakers Sdn Bhd, a wholly-owned subsidiary of the Group, to acquire a factory, warehouse and office on a parcel of freehold land in Kajang, Selangor for RM28.0 million from Leon Fuat Holdings Sdn Bhd,…
Singapore-based Commodities Intelligence Centre (CIC) has signed an investment agreement with Chongqing Liangjiang New District Management Committee. The agreement will see an investment commitment of RMB 10 million (S$2.07 million) by CIC to establish its overseas digital trade platform in China’s Guoyuan Port in Chongqing Municipality. The agreement was formally inked by Mr Luo Lin, Deputy Secretary of the Party Working Committee and Director of the Management Committee of Chongqing Liangjiang New Area and Mr Peter Yu, Chief Executive Officer of CIC, at the “Chongqing Liangjiang New Area Key Technology Innovation Projects Virtual Signing Ceremony”. CIC’s parent company, ZALL Smart…
Software AG, a leader in IoT, integration, API Management and Business Transformation software, formally recognized two of the company’s APAC partners, PT Mitra Integrasi Informatika (Indonesia) and Beijing Guoshi Technology (China), in its 2020 PartnerConnect Partner Awards. The annual awards program recognizes outstanding partners that demonstrate the innovative use of Software AG solutions, embody Software AG PartnerConnect values and excel in their ability to help customers succeed. “Technology trends like integration, cloud, mobile and big data are continuing to change how partners connect with their customers,” said Jason Johns, General Manager, Global Alliances & Channels, Software AG. “Our annual Partner…
The 618 Mid-year Shopping Festival has entered the sprint stage. This year, DouYin, the short video e-commerce platform, takes the first initiatives to influence and participate the festival. Its DOU+ has officially launched the “618 Traffic Carnival” campaign, with three major targeted scenarios, namely promoting traffic for stores, increasing traffic with “small windmills”, and promoting preferential products, assisting entrepreneurs in approaching target users “precisely”, so as to seize strategic node traffic and generate additional sales. It is reported that the Traffic Carnival of DOU+ will provide traffic promotion services for businesses, which in turn will provide a broader market for…
Bitcoin Latinum, the next-generation insured Bitcoin fork capable of massive transaction volume, digital asset management, cyber security, and capacity is announcing CoinMarketCap has pre-listed the new cryptocurrency ahead of its official public launch on exchanges across the globe in Q3 2021. Bitcoin Latinum’s profile on CoinMarketCap (currently identified as “untracked” until the public listing) can be viewed at: https://coinmarketcap.com/currencies/bitcoin-latinum/ Founded in 2013, CoinMarketCap has become the world’s premier price-tracking and market capitalization authority website for cryptocurrencies. It is the most referenced and trusted source for comparing thousands of digital assets in the rapidly growing cryptocurrency space by users, institutions, and media.…
Product upgrades and sales and marketing reforms achieve phased progress Dynasty Fine Wines Group Limited(Stock Code: 828), a premier winemaker in China, issued its profit alert yesterday. The Group expects to record a significant year-on-year increase of approximately 220% to over HK$100 million in its unaudited revenue for the first four months of 2021 (the Period), which also represents an increase of approximately 20% when compared with its unaudited consolidated revenue of approximately HK$89.9 million in the six months ended 30 June 2020. The significant increase in Dynasty’s revenue during the Period was mainly attributable to three factors: Firstly, as…
Be “Entranced, Liberated, Immersed” in a celebration of music, arts and culture with Rainforest World Music Festival (RWMF) from the comforts of your own home at no cost. The RWMF 2021 will be held from 18-20 June 2021 from 6pm to 7.30pm on RWMF’s official site. Registration is open from today onwards at https://rwmf.net/. This year due to the Covid-19 pandemic, Sarawak Tourism Board has planned a three-day virtual experience, featuring a wide range of musical performances from traditional to world fusion and contemporary. RWMF 2021 will be a combination of past RWMF performances and pre-recorded sessions with homegrown acts. The…
Cofttek Holding Limited, a Chinese pharmaceutical manufacturer, will mass-produce and supply the latest Urolithin A & B product to dietary supplement companies from June 2021. With 5 years of research into ellagitannins, the source of urolithins, Cofttek is the only pharmaceutical facility in the world able to mass-produce Urolithin A & B. Urolithin A possesses anti-inflammatory, anti-oxidant, anti-cancer, hypoglycemic and other biological properties. Urolithin A can improve the quality and function of mitochondria, and increase the strength and endurance of ageing muscles. Urolithin B has anti-inflammatory and antioxidant properties and is also a regulator of skeletal muscle mass. Studies have…
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 enters the pet industry and will acquire 51% equity interests in King Equity, Eternal Harvest, HKVIC and Crown Leader (the Target Companies) from Dr. Tiong and Dr. Tan for a total consideration of HK$66.00 million in cash. The Target Companies are principally engaged in the provision of veterinary services in Hong Kong and operate two veterinary hospitals and two veterinary imaging centres in Hong Kong with 14 registered…
Main Market-listed Central Global Berhad (CGB) wishes to clarify that the information published in several news journals in China regarding a strategic partnership/Memorandum of Understanding (MoU) between the Company and/or its subsidiary, CIC Construction Sdn Bhd and Huobi Mall to build a Global Data Base Collection Centre in Malaysia is inaccurate. CGB’s Executive Chairman Dato’ Faisal Zelman said: “We are indeed in discussion with Huobi Mall on the possibility of collaborating on the construction of a proposed data base collection centre in Malaysia. However, we are still in the midst of evaluating the viability of the aforesaid project and have…
An innovative world-first Hip Fracture Registry Toolbox has been launched today (Tuesday, June 15, 2021) to address the alarming death and disability caused by the more than 1 million hip fractures sustained in the Asia Pacific each year.(1) Developed by the Asia Pacific Fragility Fracture Alliance (APFFA) in collaboration with the Fragility Fracture Network (FFN), the practical and informative resource explains the fundamental need, and how to best advocate for, the establishment of a national hip fracture registry. Tailored to clinicians, hospital administrators, healthcare systems and governments alike, the Toolbox covers pertinent topics, including stakeholder engagement and consolidation, building a…
TOKYO, June 14, 2021 – (JCN Newswire) – JCB Co., Ltd., Japan’s only international payment brand, is pleased to announce the establishment of a new ASEAN Business Enhancement and Creation Department under its subsidiary, JCB International Asia Pacific Pte Ltd. JCB develops and provisions innovative technologies and services around the world. The ASEAN Business Enhancement and Creation Department will further accelerate the development of new payment services through strategic partnerships and investments with local financial institutions and start-ups, and with Japanese companies operating in the rapidly growing ASEAN region. In addition, the new department will proactively seek to create new business opportunities beyond…