Offers 200,000,000 Shares, Offer Price Range between HK$0.65 and HK$0.75 per Share Kwan Yong Holdings Limited (“Kwan Yong” or the “Company”, together with its subsidiaries, the “Group”), a main contractor in the provision of building construction works in Singapore, has announced the details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”). Offering Details Kwan Yong intends to offer a total of 200,000,000 shares (subject to the over-allotment option), of which 180,000,000 shares are for International Placing (subject to reallocation and over-allotment option) and 20,000,000 shares are for Hong Kong Public Offering…
Author: Marie Jones
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Wise Ally International Holdings Limited (“Wise Ally” or the “Company”, together with its subsidiaries, collectively referred as the “Group”) announced today the details of the proposed listing of its shares (the “Global Offering”) on Main Board of The Stock Exchange of Hong Kong Limited (“HKEx”). Investment Highlights – Highly integrated and comprehensive range of services across the consumer EMS value chain coupled with capabilities to manufacture a diversified product range and an efficient production process – Strategic collaborations, stable and established business relationships with internationally renowned and industry-leading brand owners – Strong technical expertise and product development capability which facilitate…
TOKYO – On 23 December 2019, SCRAP will launch a game event collaborating with famous Japanese IP title, NARUTO, in the newly refurbished Shanghai New World Shopping Mall in the heart of Shanghai. Titled 沉浸式潜入游戏 by SCRAP ～成为忍者的试炼～ (Real Stealth Game by SCRAP ~Trials of a Ninja~), the game will be one of the entertainment segments in the 7000 square meter large NARUTO theme park, NARUTO WORLD, that will be situated on the 11th floor of the shopping mall. This is the first time for the famous Japanese title, NARUTO, game collaboration from SCRAP to reach the China market. The…
Mitrade Global Pty Ltd, a Melbourne-based Forex and OTC derivatives online trading broker, has been crowned Fastest Growing Broker Australia for 2019. This award was given by International Business Magazine which recognises brokers that have the most significant growth in the year based on criteria such as achievements, past performance, growth, risk management, sustainability, and more. It is, in fact, Mitrade’s first award received after the massive restructure of the team and resources in 2019, showing that the team’s efforts and perseverance of the past year have paid off. “We are humbly honoured to receive this award for our dedicated…
Shanghai Xiao-i Robot Technology Co. Ltd, a leading developer of artificial intelligence (AI) and industry application platforms, is delighted to announce its breakthrough in providing cognitive intelligence-powered enterprise service by entering a strategic partnership with CaoCao Mobility. CaoCao is the first ride-hailing service provider with its entire fleet consisting of electric cars backed by China’s automaker Geely. Under the partnership, both parties will work together in optimizing the “AI+ Mobility Brain”, building a next-generation ride-hailing experience. With the convergence of 5G and artificial intelligence, AI machines will lead the way the third wave of technological transformation in various industries. Xiao-i…
TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) is pleased to announce last evening (December 19, 2019) that Lyfted Farms, Inc. (“Lyfted or Lyfted Farms”) a wholly owned subsidiary of TransCanna received unanimous recommendation from the Stanislaus County Planning Commission to recommend to the Board of Supervisors the approval of the Daly Project. The Daly project is a 196,000 square foot cannabis cultivation, manufacturing and distribution facility in Modesto, California. The Planning Commission is appointed by the Board of Supervisors of the county to assess projects for potential negative impacts and the relative benefits projects may carry…
Working alongside the Video Coalition of Indonesia (VCI), KOMINFO has blocked over 1,000 piracy websites and illegal application domains in past six months. A new study of the online content viewing behavior of Indonesian consumers, revealed that nearly two thirds (63%) of online Indonesian consumers have accessed streaming piracy websites or torrent sites to access premium content without paying any subscription fees. The survey, commissioned by the Asia Video Industry Association’s Coalition Against Piracy (CAP) and conducted by YouGov, also found that 29% of consumers use a TV box which can be used to stream pirated television and video content.…
Tonghai Financial is Honoured with “Corporate Governance – The Listed Enterprise Excellence Awards 2019” by Capital Weekly In Recognition of the Company’s Excellent Corporate Governance China Tonghai International Financial Limited (“Tonghai Financial”) is pleased to announce that the Company has won “Corporate Governance – The Listed Enterprise Excellence Awards 2019” which was organized by Capital Weekly for the recognition of the Company’s outstanding performance and excellent corporate governance and strategy over the past year. The Group management of Tonghai Financial attended the award ceremony and accepted the award on 18 December 2019. Mr. Stacey Martin WONG, the Chief Operating and…
Champion Real Estate Investment Trust (“Champion REIT”) (Stock Code: 2778), owner of Three Garden Road and Langham Place, regards sustainability as an integral part of its corporate culture. To assimilate sustainability into business objectives and daily operation, the Trust takes a proactive approach to devising sustainability strategies which keep abreast of the fast-changing world. The Trust triumphed various sustainability-related awards in 2019. Major awards in 2019: – The Chamber of Hong Kong Listed Companies – Award for Sustainability Excellence – The Hong Kong Management Association – Sustainability Grand Award (Top Honour) – Hong Kong Investor Relations Association – Overall Best…
JCB Co., Ltd., a major global payment brand and a leading payment card issuer and acquirer in Japan, has signed a memorandum of understanding for building a new B2B payment solution for small and mid-sized enterprises in Japan with Paystand Inc, a California-based, fintech provider of commercial payments infrastructure. – How does the Paystand platform work? Paystand provides a SaaS-based B2B payment platform for businesses. The Paystand platform connects suppliers and payers through a frictionless payment network that speeds up time to cash, automates manual processing, and mitigates risk of fraud. Suppliers also benefit from Paystand’s zero-fee, predictable, subscription cost…
Asia Pioneer Entertainment Holdings Limited (“APE” or the “Company”, with its subsidiaries collectively referred as the “Group”; Stock Code: 8400.HK) announced joyfully that the Group is recognized as one of the inaugural fastest-growing companies in “Growth Champions of the Greater Bay Area 2020” by South China Morning Post (“SCMP”), an international authoritative news media company. Besides, APE is the only Macau company to obtain this prestigious ranking. The “Growth Champions of the Greater Bay Area 2020” was announced on 12th December (Thursday). The ranking recognizes companies based in the Greater Bay Area (“GBA”) with the highest revenue growth (in percentage)…
TransCanna Holdings Inc. (CSE: TCAN) (FSE: TH8) (“TransCanna” or the “Company”) is pleased to announce that SolDaze Snacks won first place for their tropical mango fruit bites and third place for their strawberry mango fruit bites in the CBD edible category at the 2019 Emerald Cup. SolDaze has won multiple times at the Emerald Cup, including in 2018 for its THC edibles. “We had great customer response to our CBD edibles,” stated Shawn Shevlin, manager of the SolDaze brand for TransCanna. “Customers loved the taste, price point and the fact that they are organic and naturally sweetened. It was a…
Lei Zhang’ 02 is investing in Chinese companies during an extraordinary moment in history, he told students at Yale SOM. The country, he said, has been undergoing an economic transformation unlike any other on the planet. The United States, he noted, evolved sequentially through an Industrial Revolution, urbanization, and an information age over nearly 200 years. China is experiencing all three simultaneously. “China has an unprecedented triple combination. It’s all happening at the same time and to a scale of 1.3 billion people,” Zhang said. “Think about using the United States as a parallel example, it’s like having Carnegie, Rockefeller,…
FIS(TM) (NYSE: FIS) today announced an agreement with JCB, the leading issuer and acquirer in Japan and a global payment network. Worldpay, FIS’ global eCommerce platform, will allow businesses operating in Japan to accept payments by JCB cards. With this agreement, Worldpay now provides a comprehensive eCommerce solution for enterprise merchants operating in Japan. Worldpay merchants selling online in Japan will now be able to streamline their payments technology and settlements by accepting more types of card payments through a single integration rather than multiple third-party contracts. The eCommerce market in Japan is growing rapidly. Worth an estimated JPY17.9 trillion…
Following the successful acquisition of Chaucer in late 2018, good news came in again for China Re Group at the end of this year as China Reinsurance (Hong Kong) Company Limited (China Re HK) formally obtained the licence from Hong Kong Insurance Authority on 16 December 2019. A business launch and strategic cooperation signing ceremony was held on 19 December 2019. Yuan Linjiang, Chairman of China Re Group, He Chunlei, President of China Re Group, together with senior leadership of over 20 insurance companies and financial institutions from Hong Kong and Mainland China attended the ceremony to witness this great…
Viva Biotech Holdings (“Viva Biotech” or the “Company”; stock code: 1873.HK), the world leading operator of a structure-based drug discovery (SBDD) platform, is included as a constituent stock of the Hang Seng Hong Kong-Listed Biotech Index. On 16 Dec 2019, Hang Seng Indexes Company Limited (“Hang Seng Indexes”) launched the Hang Seng Hong Kong-Listed Biotech Index, which reflects the overall performance of biotech companies that are listed in Hong Kong. Universe of the selection includes all securities listed on the Main Board of the Stock Exchange of Hong Kong (including companies listed via Chapter 18A of the Listing Rules) and…
Legend Holdings Corporation ( Stock Code: 3396.HK) announced that, Mr. Liu Chuanzhi, Chairman of the Board of Legend Holdings, Executive Director, and Founder of the Lenovo Group Limited will retire as the Chairman and Executive Director of the Company in accordance with a predesignated plan. He will serve as Honorary Chairman, Senior Advisor and the Member of Strategy Committee of the Board of Directors. Mr. Zhu Linan, Executive Director and the President of Legend Holdings, will resign as the President but continue to serve as Director of Legend Holdings, and he will be the Member of Strategy Committee of the…
The value of Hong Kong exports is expected to shrink by 2% next year, according to the latest forecast by the Hong Kong Trade Development Council (HKTDC). Meanwhile, the HKTDC Export Index for the final quarter of 2019 hit a record low of 18.8, down 8.6 points from the previous quarter, indicating that Hong Kong exports are expected to remain sluggish in the coming months. HKTDC Director of Research Nicholas Kwan attributed the decline of the city’s exports to a slowdown in the global economy compounded by the impact of the Sino-US trade dispute. “The proliferation of protectionism into the…
TIE (this is engineering, Inc.), a global leader in UAV and Robotics technology and products, is pleased to announce that the world’s most intuitive drone and control system will make its global debut in the U.S marketplace. SHIFT RED is the world’s only drone which can be controlled by one hand and which allows people to enjoy droning anywhere thanks to a new concept of perfect small size and light weight in comparison to older fashioned drone products. Held to light at CES 2019 and IFA 2019, the industry foresees SHIFT RED will pioneer a new era and an innovative…
On December 16th, 2019, China Reinsurance (Hong Kong) Company Limited (hereinafter referred to as “China Re Hong Kong”) was officially authorized by the Insurance Authority to carry on reinsurance business of long term business in or from Hong Kong. China Re Hong Kong is a wholly-owned subsidiary of China Life Reinsurance Company Ltd. with a paid-up capital of HK $ 2 billion. It is registered in Hong Kong and provides a full range of risk protection and customized reinsurance solutions for Asian and global markets. China Re Hong Kong mainly operates the life and health reinsurance business, and offers a…