Author: Marie Jones

Deltacore Capital, LLC, the crypto-firm behind Deltacore Digital Assets LP, a hedge fund that trades crypto-assets, has announced Deltacore Digital Global LP, a 506(c) overseas hedge fund offering for international clients who wish to access Deltacore’s proprietary investment strategy, which has yielded 560.9% since its inception in April, 2018. Austin-based Deltacore has been at the forefront of cryptocurrency trading in the United States and is now placed to offer this opportunity to individuals and institutions around the globe. Deltacore employs proprietary solutions that give it a unique advantage in the digital asset market. In addition to its research-driven, risk-managed investment…

Helps INEDs Meet Growing Public Expectation of Their Performance Amidst the economic decline for many sectors under the Covid-19 impact, the financial sector is faring with vibrancy. Witness the IPO line-up on HKEX and the financial trading activities. The investing public continues to place stake on listed issuers’ performance, which comes with the expectation on corporate governance led by boards of directors. An important board role under public scrutiny is that of the independent non-executive director (INED). To provide up-to-date practice guidance, The Hong Kong Institute of Directors (HKIoD) releases a complete revision of one of its flagship publications, Guide…

BlackBixon Coffee to expand its market reach via new partnership Ni Hsin Resources Berhad’s (Ni Hsin) food and beverage arm, Blackbixon Sdn Bhd (BlackBixon), has signed a brand partnership agreement with Koperasi Tenaga dan Petroliam Berhad (KTP), a cooperative for entrepreneurs in the oil and gas (O&G) industry, to grow the market for the ‘BlackBixon’ energy coffee drink. The partnership will see BlackBixon retailing its drinks at various onshore and offshore O&G locations owned by members of KTP. This agreement will not only benefit BlackBixon through having more locations to distribute the energy coffee drink, but also benefits members of…

Volcano Berhad (MK:VOLCANO), a leading international manufacturer of nameplates and plastic injection molded parts, successfully listed on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) today. Chairman of Volcano, Ms. Wong Wan Chin, said: “Aside from making the Group more visible, this IPO will also help with the expansion of Volcano. In today’s highly competitive business environment, this expansion will accelerate our move towards automation and streamline our manufacturing process to ensure sustainable growth. We seek to capitalize on our current regional presence, particularly in Thailand and Singapore, to tap into the immense business opportunities available from the…

Tiger Brokers Singapore, the Xiaomi-backed online trading platform, today revealed continued exponential growth and momentum among its user base in Singapore. The online and mobile-focused brokerage saw 100% growth in customer accounts for three consecutive quarters in 2020. Wu Tianhua, Chief Executive Officer of UP Fintech Holding Limited shared, “The total addressable market in Singapore is huge. The country has one of the highest rates of digitalization in the world, and a nation-wide preference for digital banking which is supported by high tech infrastructure and key fintech initiatives led by the government, making it a very attractive and relevant market…

Main Market-listed Central Global Berhad (CGB) has proposed a private placement of up to 18 million new shares representing not more than 20% of the Group’s total number of issued shares to qualified third-party investors to be identified at a later date. CGB is a manufacturer of specialized industrial tapes and labels stocks that pioneered industrial hi-temp masking tapes manufacturing and is a one-stop solution provider for crepe paper masking. The Group’s other business is construction, where it is currently most active in the northern region of Peninsular Malaysia. The proposed placement may be implemented in several tranches within six…

The Great Outdoors RV (TGORV), with its stunning displays, rustic charm, and state-of-the-art, fifteen-acre facility since its move in July of 2020, has announced a truly unique experience for the avid outdoor enthusiast. The dealership will feature three new mobile habitats that focus on multi-purpose, high performance and bringing the outdoors in: Cricket, Mantis, and TigerMoth – designed by award-winning former NASA senior architect, Garrett Finney. “We’re proud to partner with TAXA here at The Great Outdoors,” says Matt Brown, General Manager of TGORV. “We’ve found the perfect complement to our vision for the Colorado camper: an unparalleled product and…

By Gelonghui As the earnings season approaches, once again listed pharmaceutical companies are attracting the attention of the public. Recently, China Medical System Holdings Limited (CMS or the Company) has released its annual results, with both revenue and profit higher than market expectations. According to its 2020 annual results, turnover is up by 14.4% to RMB6.946 billion; net profit up by 30.7% to RMB2.556 billion; basic earnings per share up to RMB1.024, with a proposed final dividend of RMB0.20 per share. In the past, influenced by expectations of the effects of China’s centralized procurement policy and the Company’s product transition,…

For over 70 years, leading audio brand JBL(R) has consistently contributed to the evolution of audio reproduction in professional, home, automotive, multimedia applications, and connected technologies. On Wednesday (March 31), JBL reintroduced a full range of lifestyle audio products through its first-ever media and partners’ virtual event in Malaysia. JBL, a lifestyle audio brand of Harman International (Harman.com), a wholly-owned subsidiary of Samsung Electronics, is known for producing audio equipment with superior sound and an immersive audio experience for consumers and professional markets. Today, JBL loudspeakers are used in more than half of the world’s movie theatres, sports stadiums, and…

TOKYO, Apr 2, 2021 – (JCN Newswire) – Kohei Morikawa, President and CEO of Showa Denko K.K. (SDK; TSE:4004), sent a message to welcome the company’s newly-hired employees at the entrance ceremony 2021. Kohei Morikawa, President and CEO – Changing society through the power of chemistry – The Showa Denko Group has taken a new step in integrating the former Hitachi Chemical (currently Showa Denko Materials) as a member. It’s a transformative, once-in-a-century change. In our long-term vision announced last December, we stated that our mission as a newly integrated company was to improve society with the power of chemistry. To achieve this, we…

Solargiga Energy Holdings Limited (HKG:757), China’s leading vertically integrated enterprise engaged in the manufacture of monocrystalline photovoltaic products for generating solar energy, announced its annual results for the year ended 31 December 2020. Reaping the benefits of the results from strengthening customer relationships over the years, the Group’s high-end photovoltaic products continued to be welcomed by domestic state-owned enterprises and multinational corporations. Total shipment volume increased notably by 64.8% to 6,811MW in 2020, boosting the Group’s revenue up by 36.8% to approximately RMB6,050 million. Following the launch of its highly efficient new production capacity and completion of the…

IBI Group Holdings Limited (HKG:1547), an investment holding company that specializes in the built environment including subsidiaries providing contracting services, distribution of high-tech and innovative building products and, air quality monitoring and management, announced the disposal of four of its global investments (Disposal) through its wholly-owned subsidiary, IBI Investment Holdings Limited (IBI Investment or the Company). Upon completion, it will realize a total gain of approximately HK$25.2 million. IBI Investment has diversified investment profiles. As of 31 March 2021, the Company has announced four disposals in the open market, including a total of 94,900 shares of Australia and New Zealand…

GOME Retail Holdings Limited (HKG:493) announced its audited annual results for the year ended 31 December 2020 (Reporting Period). Strengthened Development in the Second Phase after Successfully Completing the First Phase of “Home . Living” Strategy In 2020, GOME completed the first phase of strategic development under its “Home . Living” strategy and started in-depth development in a more refined manner in the second phase. In particular, GOME accelerated the development of its dual-platform new retail ecosystem powered by technology, intelligence, and innovation, and established the “Social + Business + Sharing” GOME ecosystem with a focus on the online operation…

China Leon Inspection Holding Limited (HKG:1586) today announced its audited 2020 annual results for the year ended 31 December of 2020 (Reporting Period). Revenue during the review period was approximately RMB 574.0 million, an increase of 44.8% from approximately RMB 396.5 million in 2019. Profit for the year was approximately RMB 74.9 million, an increase of 160.3% from approximately RMB 28.8 million in 2019. Basic earnings per share were approximately RMB12.59 cents (2019: RMB6.04 cents). The board of directors recommended a final dividend of RMB 0.0375 per share. The sound performance during the reporting period was mainly due to benefit…

Experts share latest marketing insights and trends under new normal MarketingPulse Online, a two-day virtual conference organised by the Hong Kong Trade Development Council (HKTDC), attracted more than 21,000 viewers from more than 50 countries and regions. Under the theme “Marketing for GOOD”, a total of 27 seminars and workshops were staged during the conference, bringing together more than 40 marketing and advertising experts from around the globe to share their creative strategies, examine the latest marketing trends under the new normal, and share success stories in the area of digital transformation. Exploring impact of digital transformation Focusing on digital…

According to South China Morning Post’s news, Legend Holdings Corporation (HKG:3396) announced annual results of the Company and its subsidiaries for the year ended December 31, 2020. Revenue of the Company recorded RMB416.765 billion, representing an increase of 7% yoy. Meanwhile, net profit recorded RMB3,868 million, also representing an increase of 7% yoy. It was mainly due to the profitability improvement of Lenovo, EAL and Levima as well as the increased return of the financial investment segment. Although the COVID-19 brought many adverse effects on the production and operation of invested enterprises in the first half of the year, Legend…

– 98% of Taiwanese and 96% of South Korean JCB cardmembers’ transactions in Europe are now made online. – Chinese JCB cardmembers increased their online spend share at UK department stores by 170% in 2020 compared to 2019 against the total European merchants. London & Tokyo, Mar 31, 2021 – (ACN Newswire) – JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., has seen impressive growth in virtual spending with European retailers from its Asian cardmember base, with online sales growing by more than 300% across the continent between 2016 and 2019[1]. These figures have been released alongside the launch of…

Actively Promote Strategic Upgrades Performance Grows Against Headwinds The board (Board) of directors (Directors) of Genertec Universal Medical Group Company Limited (Universal Medical) is pleased to announce the annual results of the Company and its subsidiaries (Group) for the year ended 31 December 2020. 2020 ANNUAL RESULTS HIGHLIGHTS The revenue amounted to approximately RMB8,521.2 million, representing an increase of 25.0% as compared with that of approximately RMB6,815.6 million for 2019. The profit before tax amounted to approximately RMB2,365.0 million, representing an increase of 6.9% as compared with that of approximately RMB2,211.9 million for 2019. The profit for the…

HKC (Holdings) Limited (HKG:190) will convene the Court Meeting and the Special General Meeting (SGM) at 10:00 a.m. and 10:30 a.m., respectively, on 23 April 2021, for the purpose of considering and approving the resolution in relation to the proposed Privatisation of the Company. On 17 January 2021, the Company and Genesis Ventures Limited (Genesis Ventures or the Offeror) jointly announced that the Offeror requested the Board of the Company (the Board) to put forward a proposal (Proposal) to the holders (Scheme Shareholders) of Scheme Shares for the privatization of the Company by way of a scheme of arrangement (Scheme).…

On March 31, 2021, Legend Holdings Corporation (HKG:3396) announced the audited annual results of the 12 months ended December 31, 2020 (Reporting Period). In 2020, the Company’s revenue was RMB417.567 billion, representing a year-on-year increase of 7%; net profit attributable to equity holders of the Company amounted to RMB 3.868 billion, representing a year-on-year increase of 7%. During the Reporting Period, although the COVID-19 epidemic, has brought many adverse effects on the Company’s production and operation in the first half of the year, by actively taking measures, the net profit attributable to equity holders of the Company in the second…