The partnership and joint product will bring Eyesight’s lifesaving Edge-based Driver Monitoring System to the commercial truck industry in China, to help reduce accidents caused by driver drowsiness and inattentiveness. SHENZHEN, CHINA – (ACN Newswire) – Eyesight, the leading provider of Edge-based AI vision solutions for in-car automotive market, announced today a multi-million-dollar deal with Exsun, one of China’s leading suppliers of GPS and telematics systems. The deal will deliver Eyesight’s lifesaving Driver Monitoring System (DMS) to the commercial truck industry in China, helping prevent road accidents, injuries and loss of life. The partners will produce an aftermarket Driver Monitoring System using Eyesight’s…
Author: Marie Jones
HONG KONG – (ACN Newswire) – On 23rd November, Yancoal Australia Ltd (“Yancoal” or the “Company”, Stock code: 3668) held a press conference to announce its global offering and the listing of its ordinary shares (the “Shares”) on the Main Board of The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”), the Company commenced its HK Public Offering on 26th November. Supported by the Shanghai and Hong Kong listed controlling shareholder Yanzhou Coal Mining Company Limited (“Yanzhou”), Yancoal is committed to continuoiusly advancing its strategic growth and building the business as a leading low-cost coal producer in the global seaborne…
Indonesia – (ACN Newswire) – China Mengniu Dairy Company Limited (HKEX Stock Code: 2319), a leading dairy product manufacturer in China, kicked off operation today of its new “Mengniu YoyiC Dairy Factory” in Cikarang, West Java, Indonesia. Mr Jeffrey, Minfang Lu, Chief Executive Officer of Mengniu, together with officiating guests including Mr Thomas Trikarsa Lembong, Head of the Capital Investment Coordinating Board of Indonesia, Mr Wang Liping, Minister Counselor of the Chinese Embassy in Indonesia, and Mr Kiki Barki, Chairman of Indonesian Chinese Chamber of Commerce, unveiled the new factory and the set-for-launch YoyiC series. The new Mengniu YoyiC Dairy Factory…
HONG KONG – (ACN Newswire) – Great Harvest Maeta Group Holdings Limited (“Great Harvest” or the “Group”; stock code: 3683.HK) today announces its unaudited interim results for the six months ended 30 September 2018 (“the review period”). During the review period, the spot freight rate has increased due to the recovery of the operating environment of the global bulker shipping market, and the rise in dry bulk cargo market and China’s import of coal. Revenue from spot freight has increased accordingly. Together with the reversal of the impairment losses of the Group’s vessels as a result of the recovery in the…
Profit Attributable to the Owners of the Company Rises 39.9% to HK$47,151,000; Continue Business Diversification for Profitabiltiy and Sustainability HONG KONG – (ACN Newswire) – Samson Paper Holdings Limited (“Samson Paper” and together with its subsidiaries, the “Group”) (stock code: 0731), the main paper merchant in Hong Kong, announced its unaudited interim results for the six months ended 30 September 2018 (“1H 2018” or the “Period”). Amid the uncertain business operating environment, the Group has continued to execute the strategies of keeping lower stocks, carrying out more indent sales while closely monitoring customers operations and implementing controls intended to mitigate credit…
Continues to Enrich Customer Base with Strong Project Pipeline HONG KONG – (ACN Newswire) – BGMC International Limited (“BGMC” or the “Group”) (HKEX: 1693), a Malaysia-based construction services company, announced today that its indirect wholly-owned subsidiary of the Group entered into a sub-contract with the main contractor, MRCB Builders Sdn Bhd (“MRCB Builders”), an engineering and construction arm of Malaysian Resources Corporation Berhad (“MRCB”), in relation to the construction of structural and architectural works (the “Works”) for Tower 2 and Tower 3 blocks on a proposed 46-storey commercial development comprising tower blocks and podium block, on Lot 266, 349 and Government…
Tests show an association between how aggressive a tumour is and the levels of sugar and inflammatory proteins in the blood. Selangor, Malaysia – (ACN Newswire) – Researchers at University Putra Malaysia found a relationship between some markers of inflammation in the body and the aggressiveness of certain malignant tumours. They conducted full body scans of 31 people with malignant tumours – including cancers of the lung, oesophagus, colon and breast – using a machine that combines positron emission and computed tomography (PET/CT). The scans evaluated tumour malignancy and aggressiveness based on a measurement, called the maximum standardized uptake value (SUVmax). The more…
Vancouver, BC – (ACN Newswire) – via NEWMEDIAWIRE – Lucky Minerals Inc. (TSX.V: LKY) (OTCPK: LKMNF) (FRA: LKY) (“Lucky” or the “Company”) announces the results of an on-going geological mapping survey conducted on its Fortuna Project located approximately 60 km south-east of Town of Cuenca, Ecuador. Surface prospecting has defined a mineralized Porphyry system that displays an ovoid shape being 1.2 km long, with an estimated width of 800 metres. This structure is trending north-west and lies on the junction of two regional NNE and NW structures. Main lithologies are a porphyritic dacite surrounded by a coarse-grained granodiorite. The porphyritic dacite is of…
HONG KONG – (ACN Newswire) – Another Internet-concept stock BabyTree Group (1761.HK) was listed on the main board of Hong Kong Exchange today, seeking to raise HK$1.7 billion by fixing the offer price at HK$6.8 per share. The listing of the online maternity and child-focused community platform BabytTree with Alibaba as its strategic investor has attracted extensive market attention. Strongly Backed by big-name shareholders including Alibaba and Fosun BabyTree’s strategic cooperation with Alibaba catches most of the market attention. The cooperation has officially commenced on 12 October 2018. Through conjoining their platforms, both companies can seek more in-depth collaboration on e-commerce, advertising, C2M,…
HONG KONG – (ACN Newswire) – The “Inter-School Innovation Competition on Insurance Technology: Life Can Be Insured” Prize Presentation Ceremony concluded at Cyberport yesterday. Organised by the Financial Services and the Treasury Bureau (FSTB) with the Vocational Training Council as implementation agent, and co-organised by Hong Kong Cyberport Management Company Limited, the competition was an activity of the “Public Education Programme” under the “Pilot Programme to Enhance Talent Training for the Insurance Sector” (Insurance Pilot Programme). Close to 220 secondary and tertiary students forming 48 teams signed up for it. The competition comprised the Secondary Division and the Tertiary Division. Contestants…
HONG KONG – (ACN Newswire) – Sitoy Group Holdings Ltd and a.testoni today announce the acquisition of the Italian luxury brand by the Hong Kong based group. Sitoy’s investment will allow a.testoni to maintain its identity, maximising its artisanal heritage and DNA through a rejuvenated long-term vision and strategy to drive the brand’s ongoing development and growth in the 21st century. “We are very pleased to welcome a.testoni as a part of the Sitoy Group and work together to realize the full potential of the brand. As we celebrate our 50th anniversary this year, the acquisition marks an important milestone in…
HONG KONG – (ACN Newswire) – NIRAKU GC HOLDINGS, INC.1 (“NIRAKU” or the “Group”; stock code: 1245), one of the largest and leading pachinko hall operators in Japan, today announced that it has entered into a Joint Venture Agreement with Capital Creation (BVI) Limited (“CCBVI”) through NGCH Hong Kong Limited (“NGCHHK”), a wholly owned subsidiary of the Group, to establish a joint venture company in Hong Kong that will enter the e-sports business in the Pan-Asia region. The joint venture company, Yes! E-Sports Asia Holdings Ltd. (“YEAH”), to be 60% owned by CCBVI and 40% by NGCHHK, aims to provide a…
– Elite U.K. Commercial Fund closes acquisition for the alternative global asset manager SINGAPORE / LONDON – (ACN Newswire) – Singapore-based P.E. firm Elite Partners Capital Pte Ltd announced today it has acquired a portfolio of quality commercial properties in the United Kingdom from Telereal Trillium, one of the U.K.’s biggest private developers, for GB£282.15 million (S$508 million). The portfolio has potential for capital gains upon asset enhancement. The Hayhill Portfolio comprises 97 freehold offices, 85% of which are located in town centres across the U.K., measuring a combined 2.6 million square feet. Approximately 99.4% of the rental income is secured against the…
Profit Attributable to the Group Increased by Approximately 29.9% to Approximately RMB 2,247,477,000 HONG KONG – (ACN Newswire) – Sino Biopharmaceutical Limited (“Sino Biopharmaceutical” or the “Group”) (HKEX:1177), a leading and innovation-driven pharmaceutical conglomerate in the PRC, announced its unaudited third quarterly results for the nine months ended 30 September 2018 (“the review period”). This is Sino Biopharmaceutical’s first quarterly results since its inclusion as a constituent stock of the Hang Seng Index on 10 September 2018. Results During the review period, the Group’s revenue increased by approximately 37.4% to RMB15,730,163,000. Profit attributable to the Group before and after accounting for…
Revenue Increased by 35.1% to HK$835.6 million HONG KONG – (ACN Newswire) – 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 2018 (the “Reporting Period”). Following the Group’s successful listing on the Main Board of the Stock Exchange on 13 February 2018, the Group has continuously maintained brilliant business performance and achieved encouraging results for the Reporting Period. The Group’s revenue for the Reporting Period significantly increased by 35.1% to HK$835.6 million from $618.4 million in the…
– First Meeting of OIC NMRAs concludes in the Jakarta Declaration JAKARTA – (ACN Newswire) – The heads of National Medicines Authorities (NMRA) from the Organization of Islamic Cooperation (OIC) announced the Jakarta Declaration during their first meeting, held here November 21-22. The declaration contains, among others, efforts to harmonize standards of vaccine and self-reliance in medicines, and intensify cooperation between OIC NMRA members. The declaration emphasizes enhanced health levels and the well being of member communities with self-reliance on the production and assured access to safe and efficacious medicines and vaccine, and increased production capacity through innovation and the development of domestic…
Accolade validates company’s culture of continuous innovation to support enterprise customers’ successful digital business transformation HONG KONG – (ACN Newswire) – CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK:1883) announced it has won “Best Cloud Services Provider” in the “Readers’ Choice Product Excellence Awards 2018.” Organized by NetworkWorld Asia for the 13th year running, the awards recognize solution providers making the most impact on Asian end-user organizations in 2018, focusing on service providers successfully aligning with enterprise technology trends and market needs, and effectively helping their business customers innovate, scale and transform…
Research into porous films made via the condensation of humid air could lead to materials with applications ranging from medicine to photovoltaics. Tsukuba, Japan – (ACN Newswire) – Researchers are producing honeycomb-shaped films using an approach that mimics what happens when we breathe on a glass surface. The films have potential use in numerous applications, from tissue regeneration and bio-sensing to solar cells, explains an article in the journal Science and Technology of Advanced Materials. Tohoku University materials scientist Hiroshi Yabu reviewed the latest research on the fabrication of honeycomb films using the ‘breath-figure technique’. This technique builds on years of research into…
Core EBITDA increased by 28.5%, Proposed interim dividend of HK0.84 cent per share; Focus on business expansion strategy, Develop high-end market segment HONG KONG – (ACN Newswire) – A leading operator of care and attention homes for the elderly in Hong Kong, Pine Care Group Limited (the “Pine Care Group” or the “Company”, together with its subsidiaries, the “Group”, stock code: 1989), today announced its unaudited consolidated interim results for the six months ended 30 September 2018 (the “period under review”).During the period under review, the Group’s business has performed well and has delivered a growth in core EBITDA of approximately…
SEOUL, KOREA – (ACN Newswire) – Suprema, Inc., a leading global provider of biometrics and security solutions, today announced that it has been recognized as one of the top 50 largest security companies in the A&S 2018 Security 50 rankings. Suprema has been ranked in the Security 50 for consecutive years since 2011 and is the only dedicated biometrics company in the 2018 rankings. The Security 50 by A&S magazine is an annual ranking of publicly-listed physical security manufacturers around the globe solely based on financial performance and sales revenue. In the ranking, companies’ business ranging from entry systems & home automation, video…