Award-winning property company, Sheng Tai International Sdn Bhd (Sheng Tai International), continues to catalyse Malaysia’s, particularly Melaka, economic growth by signing a landmark agreement with the world’s largest global workspace provider, International Workplace Group plc (IWG) with brands including Regus and Spaces. The franchise agreement includes Sheng Tai International and IWG collaborating to open flexible workspace in Malaysia. With the agreement, Sheng Tai International becomes IWG’s first partner since it opened up franchise opportunities in 2019 in the country. Sheng Tai International has invested approximately RM8 million to begin this partnership with three centres in the company’s commercial properties in…
Author: Marie Jones
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Global ICT Service Provider Introduces Ransomware Protection with Object Lock in Highly Scalable and Cost-effective Geo-distributed Storage Offering CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK:1883), and Cloudian today announced that CITIC Telecom CPC is introducing SmartCLOUD(TM) Object Storage solution based on Cloudian’s HyperStore object storage platform. The offering, which will be part of CITIC Telecom CPC’s SmartCLOUD(TM) solutions portfolio, includes backup with ransomware protection, archiving and big data management. As a VMware Cloud Provider Principal Partner with VMware Cloud Verified status, CITIC Telecom CPC’s SmartCLOUD(TM) Object Storage solution…
Revenue increases 14.0% to HK$3,518.8 million Achieves record-high net profit of HK$301.9 million Nissin Foods Company Limited (HKG:1475) has today announced its annual results for the year ended 31 December 2020. Revenue of the Group increased by 14.0% year-on-year (YoY) to HK$3,518.8 million (2019: HK$3,087.8 million), primarily due to the satisfactory performance of both the instant noodles and frozen foods businesses in Hong Kong as a result of the recurring waves of the pandemic, as well as the surge in demand for instant noodles in the PRC especially during the first half year. In addition, the joint venture distribution business…
Pacific Green Technologies, Inc. (OTCQB:PGTK) announces that it has entered into an exclusive agreement to develop up to 1,100MW of battery energy storage systems (BESS) in the United Kingdom (UK) sourced by TUPA Energy Limited (TUPA). As part of the TUPA agreement, the Company has also today acquired the rights to 100MW of BESS in Kent, UK, and plans to conclude the remaining 1,000MW by 2023. The acquisition follows PGTK’s acquisition of Innoergy Limited and the framework agreement with Shanghai Electric Gotion New Energy Technology Co., Ltd. (“SEG”). The Company is now well placed to become a leader in the…
Agilex Biolabs, Australia’s largest and most technologically advanced specialist bioanalytical laboratory for clinical trials, today announced it will showcase its world-class immunoassay and immunobiology services for regulated bioanalysis at Bio-Europe 2021. Dr Kurt J. Sales Agilex Biolabs’ Director Immunoassay said: “Our experienced team can develop or transfer a method for any biologic to support pre-clinical GLP or clinical studies. Our world-class laboratories feature state-of-the-art equipment including Gyrolab Xplore, MSD Quickplex 120, Luminex Magpix, BD FACSymphony A3 flow cytometer and soon to be released, digital droplet quantitative real-time RT-PCR. Our scientists have expertise and experience to solve the most complex immunogenicity…
HKC (Holdings) Limited (HKG:190) has announced the consolidated results of the Company and its subsidiaries (collectively the Group) for the year ended 31 December 2020 (Period Under Review). Financial Review During the Period Under Review, turnover amounted to HK$1,184.0 million (2019: HK$1,036.9 million), and gross profit amounted to HK$662.2 million (2019:HK$682.4 million). Due to reduced higher-margin leasing revenues, gross profit margins dropped to 56% from 66% in 2019. The Group was also negatively impacted by a HK$98.4 million revaluation loss on its investment properties. This marks a reversal of the HK$91.9 million in gains recorded for 2019. As a result,…
– Leading international manufacturer of nameplates and plastic injection moulded parts to MNC customers – 95.83% sales to foreign market, 90% MNCs/public listed companies in FYE 2020 – IPO proceeds to expand capabilities and market share in the E&E and Automotive industry Volcano Berhad (“Volcano” or the “Group”), a leading international manufacturer of nameplates and plastic injection moulded parts, has successfully launched its prospectus for the Group’s listing on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”). Volcano’s initial public offering (“IPO”) involves a public issue of 25.0 million IPO shares and an offer for sale of 35.0…
TDMall (Group) Limited, a subsidiary of Tianda Pharmaceuticals Limited (listed on the main board of the Hong Kong Stock Exchange: 00455) has invested in the establishment of modern-style Chinese medicine clinic – TDMall, and grandly opened its third TDMall in the world, TDMall (Sydney), on 14 March in Macquarie Park, Sydney, Australia. TDMall is committed to bringing the unique benefits Chinese medicine to the people in Sydney’s communities, in New South Wales and all over Australia by providing premium, accessible and comprehensive Chinese medicine health services, in order to fulfill its mission of helping people in different parts of the…
Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced its automated financial close solution is integrated with Microsoft Dynamics 365 Finance. The integrated solution is now available in Microsoft AppSource to provide greater control and insight for Dynamics 365 Finance customers. “With Adra’s unified and seamless integration with Microsoft Dynamics 365, finance and accounting departments can automate key parts of their financial close process that would otherwise require human intervention,” said Darren Heffernan, President, Mid-Market at Trintech. “This integration combines the power of Microsoft Dynamics 365 Finance with the most…
Online-and-offline fair helps businesses capture new opportunities As global sourcing becomes increasingly digitalised in the wake of the pandemic, the Hong Kong Trade Development Council (HKTDC) is debuting the HKTDC International Sourcing Show, a trade exhibition held in both online and physical formats, to help businesses adjust to the new sourcing model. The online section of the show begins tomorrow (17 March) and will enable buyers and suppliers to engage through a dedicated online exhibition platform that also features business matching and video conferencing tools. Once the pandemic situation eases, businesses can join the physical show at the Hong Kong…
GENEVE, CH, Mar 16, 2021 – (ACN Newswire) – via NewMediaWire — The International Network of Nicotine Consumer Organisations (INNCO), a global association advocating for sensible tobacco harm reduction policies, today introduced a new position paper, “10 Reasons Why Blanket Bans of E-Cigarettes and HTPs in Low- and Middle-Income Countries (LMICs) Are Not Fit for Purpose.” Available for download on the organisation’s website, the policy report rebukes the “overly simplistic and impractical” bans on electronic nicotine delivery systems (ENDS) and other tobacco harm reduction (THR) products in LMICs, warning organizations and governments that limiting options to reduce harm will only increase the number of…
Moonstake announces today that it has signed an MOU with Orbs, a hybrid blockchain infrastructure with enterprise-grade scale, security, and support. Through this collaboration, Moonstake will soon support the staking of ORBS, Orbs’ official token, on Moonstake Wallet, as well as participate further in the Orbs blockchain ecosystem. The two parties will also host community building programs, research, training, events, and conferences with the goal to increase awareness and adoption of Blockchain and Distributed Ledger Technology in the Banking and Finance Industry. Moonstake and Orbs will discuss further potential provision of consulting services to financial institutions in the regions of…
Multinational biopharmaceutical company Alvotech has successfully completed a second round of its US$100 million private placement, for US$35 million. The first round which was completed in October 2020, amounted to US$65 million. As part of the first round, Shinhan from Korea, Baxter Healthcare SA from the US and ATHOS (Strungmann Family Office) from Germany invested in Alvotech. In the course of the second round, Alvotech is pleased to announce additional interest from a wider range of investors, including within Iceland and internationally. Robert Wessman, Chairman of Alvotech, said: “We are very pleased to have secured this private placement, as we embark…
Global film and TV industry explores opportunities Organised by the Hong Kong Trade Development Council (HKTDC), the 25th Hong Kong International Film and TV Market | Online (FILMART Online) opened today and continues through 18 March, bringing together nearly 7,000 industry participants, including representatives of more than 670 exhibitors, from 81 countries and regions. The event will see the release and promotion of over 2,000 film and television productions to potential buyers from around the world. Industry players from across the globe join online exhibition FILMART Online has received strong support from production companies from Hong Kong, Mainland China and…
Delivers First Outstanding Results Following Its Listing Records 100% Growth in Revenue and Size Exceeds Market Expectations Shimao Services Holdings Limited , a leading comprehensive property management and community living services provider in China, today announced the first annual results since its listing. In 2020, Shimao Services recorded operating revenue of RMB5,026 million, representing a year-on-year growth of 101.9%. Profit for the year surged 88.4% amounting to RMB724 million. Profit attributable to the equity holders of the Company stood at RMB693 million, representing a year-on-year growth of 80.2%. The Company has achieved overwhelming results compared with the previous guidelines. The…
If you have ever listened to the radio, there is a good chance you have heard Kenny Aronoff drumming. He has worked with everyone from Paul McCartney to Lady Gaga to The Rolling Stones, and has been cited by Rolling Stone Magazine as one of the “100 Greatest Drummers of All Time”. Now he is choosing to partner with UREEQA. From playing with Johnny Cash to Beyonce, Kenny Aronoff is a musician who has demonstrated his ability to stand the test of time. The reason he has been able to do this can be boiled down to one word “passion”.…
Blockpass is excited to reveal it will be working with a number of new solutions and companies as it provides compliance options to Initial DEX Offerings (IDOs) on the DuckStarter platform. As DuckDAO’s token sale launchpad, the DuckStarter platform is involved with a large variety of IDOs. With Blockpass and DuckDao working together, KYC and AML provision will be quickly and easily accessible to all participants, ensuring security and regulatory compliance in the space. DuckDAO is a community-backed incubator powered by an expansive network of investors in the digital asset ecosystem. DuckStarter is a token sale launchpad where users can…
Glasstech Asia / Fenestration Asia 2021 series introduces an exciting calendar of events: Glasstech Asia / Fenestration Asia Online Conference 2021 & Glasstech Asia / Fenestration Asia Exhibition 2021. Commencing the second online conference which covers a wider spectrum of topics and includes a focus on the Fenestration segment. With the successful end of Glasstech Asia Online Conference 2020, Glasstech Asia will be unveiling its next two events of the series – Glasstech Asia / Fenestration Asia Online Conference 2021 and Glasstech Asia / Fenestration Asia 2021. This year, Glasstech Asia / Fenestration Asia – powered by BAU and BAU…
The leading Australian CRO for biotechs and Frost & Sullivan Asia-Pacific CRO Market Leadership Award winner Avance Clinical congratulated Atossa Therapeutics on the announcement of their Phase 1 final results for the AT-301 nasal spray being developed for COVID-19. Atossa Therapeutics, Inc. (Nasdaq:ATOS) is a clinical-stage biopharmaceutical company seeking to discover and develop innovative medicines in areas of significant unmet medical need with a current focus on breast cancer and COVID-19. Yvonne Lungershausen, CEO, Avance Clinical said: “As the CRO for this important study, we congratulate Atossa Therapeutics on these impressive safety and tolerability clinical results. Atossa Therapeutics have tapped…
A first-of-its-kind virtual conference on drone use for pesticide application in Asia concluded this week after three days of dialogue and discussion among stakeholders from across the food supply chain. The event focused on perspectives ranging from those of regional governments, manufacturers as well as commercial adopters, and experts in the field forecasting future innovations. “Our industry takes seriously its commitment to ensure responsible use of plant science technologies and sustainable agricultural practices. Drones are a new tool that can support and strengthen that effort – and have the potential to play a transformative role in Asian agriculture,” said Mr.…