Analogue Holdings Limited (“Analogue” or the “Company”, together with its subsidiaries collectively as the “Group”) (stock code: 1977), the largest electrical and mechanical (“E&M”) engineering service provider in Hong Kong with operations in Macau and Mainland China, has been officially included as a constituent stock of Morgan Stanley Capital International (“MSCI”) Hong Kong Micro Cap Index. MSCI is a leading provider of global equity indices worldwide. MSCI Hong Kong Micro Cap Index is one of the most widely used equity benchmarks among institutional investors to measure portfolio performances. The index covers thousands of stocks from different geographic sub-areas and cap…
Author: Marie Jones
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The Hong Kong Institute of Directors (“HKIoD”) announced the winners of the Directors Of the Year Awards (“DYA”) 2019 during its annual dinner last night held at the Hong Kong Convention and Exhibition Centre. This year’s main theme for HKIoD is “Embracing Innovation for Sustainable Growth”, closely related to two main topics affecting the business world in recent years. The first is how to establish effective governance procedures and corporate culture to ensure the company keeps updated about the latest information, and integrated with innovation when technologies are advancing daily. The second is how to maximise the impact of their…
Mr. Dennis Lee Seng Jin, Chief Executive Officer of Samson Paper Holdings Limited (“Samson Paper”, and together with its subsidiaries, the “Group”) (stock code: 0731), has been awarded “Directors of the Year Awards 2019” (Listed Companies – Executive Directors) by The Hong Kong Institute of Directors (“HKIoD”). The award acknowledges his outstanding performance in leading the Group in business transformation and development and also recognises his engagement of new ideas in corporate governance practices and value building, as well as his effort and contribution in enhancing the efficiency of corporate governance. The Directors of the Year Awards 2019 is organized…
The E-Invoicing Exchange Summit took place in Singapore on November 5 and 6, 2019. Almost 150 international experts, thought leaders and key decision-makers from 33 nations gathered to discuss best practices, new market developments and international solutions, and formed valuable, long-lasting business partnerships. With the ASEAN region now approaching the implementation at full speed, topics at the E-Invoicing Exchange Summit highlighted Singapore’s first experiences in becoming a PEPPOL authority, and their strategy to onboard businesses to E-Invoicing. In the Singapore keynote IMDA’s Director-General for International Affairs made clear what important part E-Invoicing plays in Singapore’s strategy for a…
Maike Tube Industry Holdings Limited (“Maike Tube” or “Group”), a manufacturer and distributor of standard prefabricated pipe nipple and steel pipe products, announced today the details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”). According to Frost & Sullivan Report, the Group ranked first in the PRC standard prefabricated pipe nipple industry in terms of export value by tons in 2018. Offering Details Maike Tube intends to offer a total of 98,400,000 shares, 88,560,000 of which for International Placing (subject to reallocation) and 9,840,000 for Hong Kong Public Offer (subject to…
Wintermar signs the Brunei Energy Industry Integrity Pact, committing to collaborate with the Brunei Government to promote high industry standards of ethics and transparency. Wintermar was recognized by the Brunei Energy Industry Integrity Working Group in a ceremony on 26 November 2019 in Brunei. With this milestone, Wintermar joins a select group of oil and gas industry players in Brunei who have been audited and approved for this achievement. The Pact is a commitment by Companies to support a fair and honest oil and gas industry in Brunei and the government’s efforts to promote and preserve integrity in the nation.…
The Group’s Revenue Up to HK$913 Million More than 30 approved studies are in progress Lee’s Pharmaceutical Holdings Limited (“Lee’s Pharm” or the “Group”, Stock Code: 950), an integrated research-driven and market-oriented pharmaceutical group in China, today announced its unaudited consolidated quarterly financial results for the nine months ended 30 September 2019 (the “period under review”). For the period under review, the Group’s revenue reached HK$913,868,000, increased by 5.4% over the same period last year. Sales of licensed-in products accounted for 56.6% (nine months ended 30 September 2018: 53.6%) of the Group’s revenue while sales of proprietary products contributed 43.4%…
Jacobson Pharma Corporation Limited (“Jacobson Pharma” or the “Company”; Stock Code: 2633), a leading company engaging in research, development, production, marketing and sale of generic drugs and proprietary medicines, today announced its unaudited interim results of the Company and its subsidiaries (collectively the “Group”) for the six months ended 30 September 2019 (the “reporting period”). During the reporting period, the Group maintained a steady growth with its revenue and gross profit increased by 6.8% and 12.5% to HK$871.7 million (1H2018: HK$816.3 million) and HK$358.5 million (1H2018: HK$318.7 million) respectively. Profit from operations rose by 18.3% to HK$187.7 million (1H2018: HK$158.6…
Regina Miracle International (Holdings) Limited (“Regina Miracle” or the “Company,” together with its subsidiaries, collectively the “Group”) (HKEX: 2199), a leading global intimate wear company boasting an Innovative Design Manufacturer (“IDM”) business model, has announced its unaudited interim results for the six months ended 30 September 2019 (“1HF2020” or the “Period”). In 1HF2020, the Group recorded a year-on-year increase of 2.1% in revenue to HK$3,128.7 million (1HF2019: HK$3,062.9 million). Benefiting from the rising production capacity and efficiency of its Vietnamese factories, gross profit grew by 6.9% to HK$703.7 million (1HF2019: HK$658.1 million), while gross profit margin grew modestly to 22.5%…
ManpowerGroup Greater China Limited (“ManpowerGroup Greater China” or the “Company”, together with its subsidiaries, the “Group”, stock code: 2180), a leading workforce solutions provider in Greater China, is pleased to announce that it has been selected as a constituent stock of the MSCI Hong Kong Micro Cap Index following the latest round of MSCI index review. The adjustment of the index will take effect after the market closes on 26 November 2019. Twenty-three new stocks including ManpowerGroup Greater China will be added into the MSCI Hong Kong Micro Cap Index. ManpowerGroup Greater China is the largest workforce solutions provider in…
Emperor Entertainment Hotel Limited (“Emperor E Hotel”) (Stock code: 296) announced its 2019/20 interim results for the six months ended 30 September 2019 (the “Period”). Financial Highlights HK$’000 For the six months ended 30 September Changes 2019 2018 Total revenue 677,931 665,588 + 1.9% – Gaming operation 559,549 546,677 + 2.4% – Hotel operation 118,382 118,911 – 0.4% Gross profit 408,052 400,165 + 2.0% Net profit 177,200 128,942 + 37.4% Basic earnings per share HK$0.14 HK$0.10 + 40.0% Interim dividend per share HK$0.030 HK$0.028 + 7.1% During the Period, Emperor E Hotel’s revenue increased to HK$677.9 million (2018: HK$665.6 million).…
TIME Interconnect Technology Limited (“TIME Interconnect”, Stock Code: 1729.HK, with its subsidiaries collectively referred to as the “Group”) is pleased to announce its interim results for the six-month period ended 30 September 2019 (the “Reporting Period”). During the Reporting Period, the pace of global economic growth has continued to slow down due to the trade tariffs imposed by major economies, particularly between the United States and China. In spite of the challenges in the macro-economy environment and the difficulties brought by RMB depreciation, the Group reported solid operating results during the Reporting Period, benefiting from its sensible business strategies and…
The 1st International Jatiluhur Jazz Festival is set to open at the Jatiluhur Dam in Purwakarta, West Java on Saturday and Sunday, Nov 30 and Dec 1, 2019. Presented by Jasa Tirta II, the State-Owned Enterprise (SOE) operating the dam, the largest in Indonesia, JatiluhurJazz 2019 will feature dozens of local and international artists and musicians of different genres, as well as bands from West Java and Purwakarta with a jazz flair. Themed ‘Green, Water and Life’, JatiluhurJazz takes part in the campaign to protect the environment and water for life, and opens in one of the most beautiful spots…
Sino Biopharmaceutical Limited (“Sino Biopharmaceutical” or the “Company”, together with its subsidiaries, the “Group”) (HKEX:1177), a leading and innovation-driven pharmaceutical conglomerate in the PRC, has announced its unaudited third quarterly results for the nine months ended 30 September 2019 (“the review period”). Results Highlights – The Group’s major product Anlotinib obtained approval for a new indication for the treatment of small cell lung cancer. – Important overseas registration made: the United States Food and Drug Administration (“FDA”) approved abbreviated new drug application (“ANDA”) for Ticagrelor Tablet. – Production approval secured for 8 drugs with strong growth potential: the first line…
Cognovi Labs, a market leader in Emotion Artificial Intelligence, and Bloomberg announced today the launch of a new Event Impact App on the Bloomberg App Portal. The app gives Bloomberg subscribers a tool to estimate, in real-time, if a corporate event could affect consumer purchasing intent and future sales. “As an investor, you cannot avoid the unexpected, but you can be informed when it happens. Having insight into the importance of a company-specific event, days – if not weeks – before other information becomes available, allows our clients to make better business decisions in real time,” explained Beni Gradwohl, Cognovi…
NIU Technologies (“NIU”, or “the company”) (NASDAQ: NIU), the world’s leading provider of smart urban mobility solutions, announced its financial results for the Q3 2019 which ended on September 30, 2019. Revenues and net income had grown for three consecutive quarters The revenue and sales volume of NIU continued to grow steadily in Q3 2019. Revenues for Q3 2019 were RMB 654.5 million, an increase of 32.7% year over year. In Q3 2019, the Company sold 149,424 units of e-scooters globally, increased 23.5% YoY. Higher e-scooter sales volume was mainly driven by the peak season for the China market. In…
West Java, INDONESIA, Nov 23, 2019 – (ACN Newswire) – The 1st International Jatiluhur Jazz Festival is set to open at the Jatiluhur Dam in Purwakarta, West Java on Saturday and Sunday, Nov 30 and Dec 1, 2019. Presented by Perum Jasa Tirta II, the state-owned enterprise (SOE) operating the dam, the largest in Indonesia, JatiluhurJazz 2019 will feature dozens of local and international artists and jazz musicians and music of different genres, as well as jazz from West Java and especially Purwakarta. Themed ‘Green – Water & Life’, JatiluhurJazz is part of the campaign to protect the environment and water for life, opening…
LIFT 2019 was Swingvy’s first conference on November 21 giving business owners and thought leaders a platform to discuss predictions around the future of work Singapore’s employee engagement index is the second lowest in Asia Pacific Region, at just 72%; 90% of Millennials think about new job opportunities before their probation ends Award-winning HR tech platform Swingvy officially debuted LIFT 2019, it’s first ever inaugural conference that drew over 150 participants from AVIVA, Citibank, Wantedly, Validus, SCCI, Exxon Mobil, Terrapin, and Financial Alliance. Through LIFT, Swingvy sees the opportunity to enable conversations and provide a platform for business owners, thought…
Safeer Shersad, a student from India, is the first recipient of the Gennosuke Obata Fellowship Fund, established by the NIPSEA Group better known throughout Asia as Nippon Paint. With the fund, Safeer is attending the prestigious Harvard GSD as a candidate of the Master in Urban Planning. For someone who had initially planned to pursue a career in culinary arts growing up, stepping into Harvard University’s Graduate School of Design (Harvard GSD) was more than just a dream come true. It is a shared memory and an emotional journey between 24-year-old Safeer and his late father, who was instrumental in…
Chiho Environmental Group Limited (“CEG”) is pleased to announce that, on November 5th, 2019, it has established a Joint Venture (the “JV”), namely Hidaka- Chiho Metal Recycling (Thailand) Co., Ltd. (“HCMR”), with Hidaka Yookoo Enterprises Co. Limited (“HDK”), a leading scrap ferrous metal recycler in Thailand; and Suzuki Shokai Co. Limited (“SZK”), a leading resources recycling company in Japan, and a long term business partner of CEG; engaged in the business of metal recycling with primary focus in motor dismantling in Thailand. Speeches by the representatives of the three joint venture parties: “HDK has a history of more than 90…