Author: Marie Jones

Maximum Offer Price at HK$8.08 per H Share; To Raise Gross Proceeds Up to more than HK$2,000 Million (assuming the Over-allotment Option is not exercised); A Leader in the Global Semi-trailer Industry Successfully Established Well-recognized Semi-trailer Brands including”CIMC”, “Vanguard” and “SDC” A leader in the global semi-trailer industry – CIMC Vehicles (Group) Co., Ltd. (“CIMC Vehicles” or the “Company”, together with its subsidiaries, the “Vehicles Group”, stock code: 1839), today announced the proposed listing of its H Shares on the Main Board of The Stock Exchange of Hong Kong Limited (“Hong Kong Stock Exchange”). CIMC Vehicles plans to offer 265,000,000…

The nation’s drug development efforts have been given additional momentum with the introduction of two new platforms, and a grant scheme for drug discovery and development. These national platforms aim to bridge the ‘valley of death’ between basic science research and pharmaceutical enterprises. They will also serve to catalyse collaboration across industry, research institutes, academia, and the hospitals; as well as nurture a strong pool of scientific talent for Singapore’s biomedical ecosystem. These announcements were made during the opening ceremony of the Experimental Drug Development Centre (EDDC) in Biopolis, officiated by Mr Heng Swee Keat, Deputy Prime Minister and Minister…

이번 특허는 블록체인 기반 인센티브 프로그램 기술을 포함하며 강력한 산업용 충성도 애플리케이션의 토대를 마련한다 블록체인 기술을 현대적인 충성도 및 인센티브 프로그램에 적용하는 업계 선도 기업인 로이열(Loyyal)이 거래 및 비거래 커머스를 인센티브화하는 분산 장부 프로토콜(Distributed Ledger Protocol to Incentivize Transactional and Non-Transactional Commerce) 기술에 대해 한국 특허청으로부터 특허 번호 10-1955833으로 등록 승인을 받았다고 발표했다. 로이열의 날로 성장하는 지적재산 포트폴리오에 새롭게 추가된 이번 특허는 거래 및 비거래 행동을 인센티브화하기 위해 블록체인 기술을 포함한 분산 장부 프로토콜 시스템을 사용하는 인센티브 및 충성도 프로그램 구현에 관한 것이다. 이번 지적재산 특허는 일본과 싱가포르의 특허 승인과 더불어 전 세계 8개 지역에서 여러 단계로 진행 중인 다른…

Patent covers Blockchain-Based Incentive Program Technologies and establishes strong position for Loyalty industry applications Loyyal, the industry leader in bringing blockchain technologies to today’s loyalty and incentive programs, announced the award by the Korea Intellectual Property Office of Patent number 10-1955833, for Distributed Ledger Protocol to Incentivize Transactional and Non-Transactional Commerce. This latest addition to Loyyal’s growing portfolio of intellectual property covers incentive and loyalty program implementation methods using distributed ledger protocol systems including blockchain technologies, to incentivize transactional and non-transactional behavior. This same intellectual property along with other associated patents at various stages of approval in over eight territories…

Profit Attributable to Shareholders Increased by 23.9% to a Record High of HK$250.6 Million; Total Dividend Up 18.4% to HK4.5 Cents per Share Jacobson Pharma Corporation Limited (“Jacobson Pharma” or the “Company”; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of generic drugs and proprietary medicines, today announced its annual results of the Company and its subsidiaries (collectively the “Group”) for the year ended 31 March 2019 (the “FY2019”). Financial Review During the reporting period, the Group’s revenue increased by 10.1% to HK$1,704.6 million (FY2018: HK$1,548.7 million). Profit attributable to the shareholders of…

The Indonesian government, through the Ministry of Public Works and People’s Housing (PUPR), has planned to build 732 kilometres (km) of national routes in 2019. The construction includes a toll road reaching up to 218 km in length. This would bring the total length of national roads built between 2015 and 2019 to 4,119 km. While this is excellent news for the country, many have highlighted the economic risks that the current financial structuring of these plans may pose for the economy. Leading infrastructure expert Shadik Wahono claims that to minimize long term financial risk, the government should pay attention…

Hacarus Inc, the leading provider of lightweight and explainable AI, was today awarded the Grand Prize by DS Pharma Animal Health for its innovative AI-enabled technology platform ‘HACARUS.ai’. “It is a great honor to receive this award for our work in creating technology that will improve animals’ lives. Together with DS Pharma, we see a great opportunity to revolutionize animal health diagnostics with our AI technology, making treatment safer, faster and more humane,” said Kenshin Fujiwara, CEO and Founder of Hacarus. DS Pharma Animal Health is Japan’s largest provider of animal health services, supporting some 11,000 animal hospitals and veterinarian…

The Director-General of Investment Promotion of the Hong Kong Special Administrative Region, Mr Stephen Phillips, today (June 24) started his duty visit to Munich and Frankfurt in Germany, Dublin in Ireland, Luxembourg, and Maastricht and The Hague in the Netherlands, as part of Invest Hong Kong (InvestHK)’s continued efforts to promote Hong Kong’s business attractions. During the five-day visit, Mr Phillips will meet with CEOs from various sectors including venture capital, fintech, genetic data, medical technology, aviation, artificial intelligence, co-working space and accelerators, investment promotion agencies and chambers of commerce. He will also speak at the Aviation Finance Festival in…

On Friday, the Financial Action Task Force (FATF) released a new guidance paper covering digital assets and digital asset service providers. This will become part of the FATF Standards, which most of the world’s major financial centres abide by. In the paper, FATF sets out provisions for increasing scrutiny of digital asset transactions. These require a level of information collection, for the purposes of anti-money laundering (“AML”) and counter-terrorism financing (“CTF”), which places a significantly greater level of obligation on entities in the digital asset space than what is currently in place. In particular, entities ranging from digital asset exchanges…

PT Envy Technologies Indonesia Tbk (IDX: ENVY), InfoTech service provider, has announced its initial public offering (IPO) on July 8. ENVY plans to offer 600 million (.6 billion) new shares, or 33% of its increased paid-up capital, including 18 million share Employee Stock Allocation (ESA), together with 1,200 million (1,2 billion) normal shares subsequently offered on the secondary market on behalf of Company shareholders. ENVY plans to register 1,800 million (1,8 billion) ordinary shares on the Main Board of the Indonesia Stock Exchange (IDX) after the IPO on behalf of the issued and fully paid capital. ENVY estimates it will…

FirstHive today announces that Forrester Research, a leading global research and advisory firm, has ranked FirstHive as a Contender in its report “The Forrester New Wave(TM): B2B Customer Data Platforms, Q2 2019.” The New Wave report found that FirstHive “offers robust campaign recommendations and analytics. The solution leverages machine learning to make recommendations for the ideal channel, timing, and offering, based on its assessment of transaction propensity. It also offers a wide range of out-of-the-box data and performance analytics and configurable dashboard widgets.” According to the report, “customers praise FirstHive’s ability to create unified profiles and make recommendations that result…

South Australia’s Department of Planning, Transport and Infrastructure (DPTI) has approved Carboncor, an environmentally friendly cold asphalt premix, for use on roads in the State. The DPTI trialed Carboncor Cold Asphalt on Owen Road at the Templers Road junction MM43.6, north of Roseworthy, Gawler, South Australia, in December last year. A total of 31 metric tons was installed into an area of 210 square meters (m2) at a nominal thickness of 30 millimeters (mm), including a 12 m2 area which required a thickness of 50mm. The road was initially constructed in 1937 and was resealed in 1992. Patch work and…

I believe that many friends have envied the holographic projection technology that appeared in science fiction films such as “Iron Man”, “Blade Runner”, “Star Wars” and other science fiction movies, that is, the protagonist randomly waved and moved, the virtual image in front of him changed accordingly. In recent years, projection technologies such as intelligence, laser and 3D have developed rapidly. Then how far are we from holographic projections in science fiction movies? However, WIMI Hologram AR’s holographic cloud system makes the science fiction reality by building high-quality holographic images. In CCTV Spring Festival Gala in 2015, the famous domestic…

Actively Develops Self-owned Consumer Brand and Expands the Pan-entertainment Business Transmit Entertainment Limited (“Transmit Entertainment” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1326) today announced that it has duly entered into contracts with a Chinese renowned scriptwriter Li Xiaoming and new popular film director Wu Qiang to further improve the strength in content creation of the Group. Li Xiaoming will serve as the director of literature of the Group to provide guidance and support to the content creation team in terms of script planning. A series of classic works by Li Xiaoming was well published and…

In the animation ‘PSYCHO-PASS’, the heroine can change the different decoration styles of the room according to her mood every day. Now it seems that these scenarios in the science fiction animation are becoming reality. The holographic cloud AI system introduced by WIMI Hologram AR can restore the holographic underwater world, project the entire room to other worlds, and provide high simulation of AI visual biology. Once the entire system is set up, the user can control the holographic cloud platform of the projection system through the smart phone application, and turn the entire room into a virtual space. The…

With phenomenal progress in AI technology, the consequent cycle among algorithms, computer power and data has an increasing impact on industrial upgrade and economic changes, and will provide “new energy” for the development of industry and economic development in the future for decades. – Holographic AI unmanned driving has a huge market – It is generally believed in the industry that driverless cars will gradually spread around the world from 2020 to 2030. According to the report “Survey and Investment & Financing Strategy of China Driverless Vehicle Industry Market Prospects and Investment in 2018-2023” issued by China Business Industry Institute,…

Prima Marine PCL (SET: PRM), Thailand’s largest integrated provider of marine transport and storage solutions for petroleum products and liquefied petrochemicals, expressed confidence that it will record strong growth in 2019, driven by strong performance in all segments. It highlights strong performance in the domestic transport vessel segment following the successful execution of a fleet expansion plan, notes that it is buying an additional 10% of Big Sea shares, and, following IMO2020 regulations so the utilisation rate of FSUs will reach 100%, it is ready to expand its FSU fleet to seven units. It expects to post 10-15% revenue growth…

AVIA hosts first Satellite Industry Forum (SIF) in Singapore since rebranding The Asia Video Industry Association (AVIA) welcomed over 180 delegates to the first Satellite Industry Forum (SIF) in Singapore since its rebrand from Casbaa in August 2018. On Monday, CEO Louis Boswell reiterated the importance of AVIA’s continued focus and support of the satellite industry in this period of great change and disruption, particularly in the areas of policy and regulation. SIF brought together many of the most influential leaders of the industry this year to discuss critical issues including regulatory discussions at WRC19, the raging spectrum wars among…

29 Tech Companies are at ConnecTechAsia 2019 to highlight the latest innovations in telecommunications, cybersecurity, e-commerce, data management and more The right time for collaboration as ASEAN countries wish to increase investment and grow their ICT industries through partnership and technology transfer In a bid to enhance collaboration with Southeast Asian businesses, the State Government of Victoria has brought experts from industries such as telecommunications, cybersecurity, e-commerce and data management representing 29 ICT companies from Melbourne, Australia to ConnecTechAsia 2019. The event is being held at Marina Bay Sands in Singapore from 18-20 June. Four years after the Victorian Government…

CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), is pleased to announce the appointment of Mr. Frank Ip as Senior Vice President, Global Business and Partnership, to further strengthen the company’s continued strong global growth. Mr. Ip joins CITIC Telecom CPC as a Silicon Valley veteran, with over 25 years’ experience within the telecommunications and ICT industry including holding various executive positions at Huawei, Black Lotus Communications and NSFOCUS. His previous roles spanned extensive international operation experiences, strategic alliance and technology partnerships, and his expertise encompasses business development, sales…