Offering of 228,000,000 Shares through Public Offer and Placing Price Ranges from HK$0.40 to HK$0.44 per Share HONG KONG – (ACN Newswire) – Sterling Group Holdings Limited (“Sterling Group” or the “Group”), a woven apparel manufacturer for international apparel brands, today announced the details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”). Offering Details Sterling Group plans to offer a total of 228,000,000 Shares, comprising 200,000,000 New Shares and 28,000,000 Sale Shares (subject to the Offer Size Adjustment Option), among which, 90% or 205,200,000 Shares, comprising 177,200,000 New Shares and 28,000,000 Sale…
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China’s leading vertically integrated enterprise engaged in solar energy monocrystalline photovoltaic products, Solargiga Energy Holdings Limited has announced that its subsidiaries added a capacity of 1GW to its photovoltaic (PV) module production line in the second quarter of this year on schedule. The Group’s overall module production capacity has increased to 2.2 GW. In addition, 150MW of the existing capacity has been upgraded for the production of monocrystalline N-type IBC cell BS modules for the high-end domestic and overseas markets. The Group is the first company in the country to adopt this internationally-leading FPC manufacturing process. The main sales customer…
Reveals Hong Kong’s First Minimally-Invasive & Non-Invasive Surgical Centre HONG KONG – (ACN Newswire) – Cornwall Medical Group (“Cornwall” or “the Group”) enters a strategic partnership with the world’s leading medical equipment and integrated solutions provider, Chongqing Haifu Medical Technology Co., Ltd. (“Chongqing Haifu”), to introduce innovative high-intensity focused ultrasound tumor therapy system (“HIFU”) to Hong Kong, positioned to be the first minimally-invasive & non-invasive centre in town. As a revolutionary breakthrough in medical technology, HIFU is developed by Chongqing Haifu. It is a non-invasive therapeutic technique that can generate highly localized heat so as to kill tumors without skin puncture or incision.…
– The leading Russian bank and one of the most developed international payment systems start to cooperate. – By developing the collaboration with JCB, Sberbank will facilitate card payments for tourists from East and Southeast Asia. – Sberbank and JCB began working together thanks to increasing tourist flow from Asia and as a result of JCB Cards issuing development by Russian banks. Moscow and Tokyo – (ACN Newswire) – Sberbank, the largest bank in Russia, and JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., are pleased to announce the launch of JCB Card acceptance on the bank’s merchant acquiring…
Disruptive heat-to-power company is first ever company to debut on Das33 LONDON – (Media OutReach) – Greenstorc Ltd., with its disruptive heat-to-power and enhanced shallow geothermal systems, raised EUR1.5m in the first round on the Das33 crowdsourcing platform in just 60 hours. Greenstorc’s mission is to bring clean, affordable, 24-hour energy to all – with a special focus on communities which have never before had access to electricity. Since its foundation in 2017, Greenstorc has assembled a team of world-class clean energy experts including respected German heat engineer and company chairman Johannes Bergsch whose proprietary thermal energy recovery technology is breaking new ground.…
Vancouver, British Columbia – (ACN Newswire) – PreveCeutical Medical Inc. (“PreveCeutical”) (CSE: PREV, OTCQB: PRVCF, FSE: 18H), and Asterion Cannabis Inc. (“Asterion”) announce that they have entered into a development and joint venture agreement (the “Development Agreement”) to form a joint venture (“Joint Venture”) to develop a range of medicinal cannabinoid products, including sublingual tablets, transdermal patches, and other jointly evaluated products aimed at treating various ailments, such as chronic pain, inflammation, epilepsy and anxiety disorders. Mr. Stephen Van Deventer, PreveCeutical’s Chairman, CEO and President, stated, “This agreement between PreveCeutical and Asterion further supports our mission to improve global health and healthcare by…
SINGAPORE – (ACN Newswire) – Mind Fund, a Hong Kong based VC company that incubates and invests in the next global wave of technology companies, is pleased to announce the launch of the new Helix Accelerator (https://www.helixaccelerator.com/) in partnership with Hedera. The Helix Accelerator, based in Hong Kong, is the first global accelerator to incubate projects building distributed applications exclusively on the Hedera hashgraph platform. The first batch will be recruited from the Hedera hackathons held in October across nine different cities on four continents. “The hashgraph consensus protocol represents a new paradigm in distributed computing at scale, and the potential opportunities for…
HONG KONG – (ACN Newswire) – Earlier this year the Hong Kong Exchange updated its listing rules to include pre-revenue biotech stocks for the first time as it seeks to compete with NASDAQ for the sector’s IPOs. Eager to access the Hong Kong capital market, there is a growing list of global pre-revenue hopefuls lining up to list in the city. For risk tolerant investors, biotech companies with promising pipelines offer a potential for high returns as drug development is a big-money business. With a growing global population and no shortage of diseases to be treated, global drug sales are expected…
TOKYO – (JCN Newswire) – TRENDE Inc., an online renewable energy retailer selling electricity to residential customers in Japan, today announced it has closed a JPY 730 million Series A funding round led by TEPCO Ventures with strategic investments from Showa Shell Sekiyu K.K. and Dubai Electricity and Water Authority (DEWA). TRENDE is a spinout from Tokyo Electric Power Company Holdings, Inc., the largest utility in Japan serving millions of homes and businesses. The company is led by serial entrepreneurs Tadatoshi Senoo and Jeffrey Char, and takes an environmentally responsible approach to provide consumers with clean and affordable energy. With this investment TRENDE…
Volvo and Linde Group veteran to lead Board of Directors LONDON – (Media OutReach) – Effective immediately, former Deputy CEO and Executive Vice President Volvo CE, Eberhard Wedekind, has been unanimously elected as the Chairman of the Dascoin Board. DasCoin is a blockchain based currency which is at the center of a revolutionary digital asset system. Wedekind steps up from his role as a non-executive director after first joining DasCoin early last year. DasCoin CEO and founder Michael Mathias said: “The election of Eberhard as Chairman begins a whole new chapter of growth for DasCoin. His long career of solid business success adds…
Currency of Trust Gains Major Foothold in Asian Market LONDON – (Media OutReach) – DasCoin, the Currency of Trust and the store of value within the Das ecosystem, has announced today that it has begun trading on leading Singapore-based exchange CoinBene. Despite operating for less than a year, CoinBene has consistently ranked among the top 10 Exchanges as defined by CoinMarketCap. This is a significant and positive development for DasCoin (DASC). By being listed on an exchange headquartered in Singapore, it can thus serve the Asian market in local languages and currencies. Commenting on this milestone, DasCoin CEO Michael Mathias said: “We’re really…
JAKARTA – (ACN Newswire) – Saudi Arabia’s Ambassador to Indonesia, HE Osamh Mohammed Abdullah Shuibi, inaugurated the VFS / TasHeel branch at Epiwalk, South Jakarta, on Monday (9/24). The inauguration which began at 10:00 am was attended by officials of the Kingdom of Saudi Arabia Embassy. Later, VFS / TasHeel will be useful for biometric services (recording fingerprints and faces) when arranging Umrah and Hajj visas to Saudi Arabia. As previously reported through the official Twitter account of the Kingdom of Saudi Arabia’s Embassy, as of October 24, 2018, all applications for visas to the country must include biometric records. “The Saudi Arabian…
TutorABC is recognized as Information Visionary in the IDC Digital Transformation Awards 2018, achieving a new milestone in online interactive learning market with ICT leader CITIC Telecom CPC HONG KONG – (ACN Newswire) – CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (SEHK:1883) together with leading online education provider TutorABC announce their continuous collaboration in reaching new heights for global Edtech development. Combining AI technologies with big data analytics, TutorABC developed the “AI-enabled Dynamic Course Generation System (DCGS)”. The system transforms traditional education model to bring advanced online learning experience through generating personalized…
Mega Promotion Explores New Frontiers for Collaboration between Hong Kong and Vietnam HONG KONG – (ACN Newswire) – Major events under the “In Style, Hong Kong” mega promotion in Ho Chi Minh City concluded today, including a symposium that highlighted Hong Kong’s professional services, an expo that showcased products from Hong Kong’s leading brands, and a gala dinner that forged closer ties between business communities from Hong Kong and Vietnam. Organised by the Hong Kong Trade Development Council (HKTDC), the promotion received enthusiastic support from Vietnam government officials, business leaders and consumers, with the three events attracting more than 2,900 participants. Symposium Highlights…
SEOUL, KOREA – (ACN Newswire) – Suprema, a global leader in biometrics and security, announced that the company will showcase GDPR-ready enterprise access control solutions at Security Essen 2018 including its latest range of biometric readers, multi-band RF card readers, mobile credentials and access control software platform. At the show, Suprema will introduce BioLite N2, the world’s best performing outdoor fingerprint terminal. BioLite N2 is designed for both the enterprise access control systems and time attendance applications with well blends Suprema’s industry-leading technologies and innovative features. With a powerful 1.2GHz CPU and massive 4GB memory, BioLite N2 achieves incredible matching speed up to…
Brand-new zones, content rich conferences and cutting-edge retail technology innovation and solutions featured during the three-day event. BANGKOK – (ACN Newswire) – RetailEX ASEAN 2018 (“RetailEX”), an annual international trade exhibition and conference that caters to retailers and brands focusing on the ASEAN market, opened Wednesday and runs through 21 September at Halls 3 and 4, at IMPACT Exhibition and Convention Center, Bangkok. RetailEX is co-organised by the Thai Retailers Association (“TRA”), together with Clarion Events (“Clarion”) and IMPACT Exhibition Management Co., Ltd (“IMPACT”) and is supported by the Thailand Convention and Exhibition Bureau (“TCEB”). This year’s three-day event, themed Transforming the ASEAN…
SINGAPORE – (ACN Newswire) – Asian Downstream Summit is the anchor oil and gas event during Singapore International Energy Week (SIEW), hosted by the Energy Market Authority. The event will gather 1,000+ industry professionals and oil & gas leaders under one roof to offer insights on the latest innovations in the industry. Singapore International Energy Week (SIEW) is expected to attract over 10,000+ energy professionals in Singapore. We are honoured to have Dr Koh Poh Koon, Senior Minister of State, Ministry of Trade, and Industry & Ministry of National Development of Singapore to grace the event and announce the winners of the Digital…
HONG KONG – (ACN Newswire) – Digital identity verification provider, Blockpass, confirmed today that they have signed a deal to invest in and partner with video verification solutions provider Fully-Verified. The move underlines Blockpass’ commitment to becoming the premier Know-Your-Customer (KYC) and Anti-Money Laundering (AML) verification solutions provider. The deal also allows Blockpass exclusive access to the solutions provided by Fully-Verified. Blockpass offers shared regulatory compliance services for humans, companies, objects and devices. As an identity system that supports verification of humans (KYC), objects (KYO) and connected devices (KYD), Blockpass will enable the development of new applications that rely…
HONG KONG – (ACN Newswire) – Chong Hing Bank Limited (the “Bank”; stock code: 1111) has announced today the results of its earlier proposed Rights Issue on the basis of one Rights Share for every two Shares at the subscription price of HK$14.26 per Rights Share. Dealings in the Rights Shares, in their fully-paid form, are expected to commence on the Stock Exchange at 9:00 a.m. on Wednesday, 26 September 2018. A total of 249,900,094 Rights Shares were subscribed, approximately 69.16% of the total number of Rights Shares available for subscription under the Rights Issue, successfully raising over HK$3.5 billion for…
HONG KONG – (ACN Newswire) – New global research taking the “pulse” of board directors around the world shows directors are most concerned about the “poverty or income inequality” facing their countries. The findings from the inaugural Global Director Survey 2018 conducted by the Global Network of Director Institutes (“GNDI”) are released by The Hong Kong Institute of Directors (“HKIoD”) at its annual Directors’ Symposium on Thursday 20 September 2018, with an attendance of over 200 directors and leaders of companies at the HKEX Connect Hall. On the same date, GNDI releases the survey findings around the world. Established in 2012,…