Author: Marie Jones

HONG KONG — China Goldjoy Group Limited (“China Goldjoy” or the “Group”; HKEX: 1282) has announced that it is increasing its shareholding in Landing International Development Limited (“LID”; HKEX: 582). China Goldjoy has been actively developing diverse businesses in recent years and has become an integrated investment holding company. Currently, it is principally engaged in integrated financial services, automation, manufacturing, securities investment as well as property investment and development. In terms of securities investment, its portfolio includes shares of financial, property, energy and tourism companies. While its investments span a wide range, it focuses on those industries related to people’s livelihood…

SINGAPORE — Singapore eDevelopment (SGX: 40V; SeD) is pleased to announce biomedical subsidiary Global BioLife, Inc. has completed the initial Zaire Ebola research portion for the study of new anti-viral drug LB2, part of its new universal therapeutic drug platform, Linebacker, which is designed to combat a range of diseases, including neurological, anti-microbial, anti-viral, and oncology. The first documented outbreak of Ebola was in 1976, with more recent notable outbreaks occurring between 2014 – 2016. With fatality rates of up to 90%, Ebola is a severe viral disease transmitted from wild animals to human beings through physical contact, then spreads through…

Together with Diamond, Gem and Pearl Show, Twin Events Form the World’s Largest Jewellery Marketplace HONG KONG — Organised by the Hong Kong Trade Development Council (HKTDC), the 35th Hong Kong International Jewellery Show starts its five-day run (1-5 March) today at the Hong Kong Convention and Exhibition Centre (HKCEC). This year’s show welcomes more than 2,580 exhibitors from 39 countries and regions, including new exhibitors from Lebanon, Sweden and Ukraine, showcasing finished fine jewellery such as top-tier jewellery pieces, internationally celebrated brands, new designer collections, antique jewellery and bridal jewellery. The fifth Hong Kong International Diamond, Gem and Pearl Show…

Offer Price Set Between HK$2.28 to HK$3.28 per Share; To Raise Net Proceeds Up to HK$668.5 Million; China’s Largest Integrated Online and Offline Internet-based Jewellery Retailer;Revenue and Net Profit Grew by More Than 10 times in 4 years (2014-2017); With Online and Offline Jewellery Sales Channels; Efficient and Innovative Crossover Marketing Initiatives HONG KONG  — CSMall Group Limited (“CSMall Group” or the “Company”, together with its subsidiaries, the “Group”, stock code: 1815), the largest integrated online and offline Internet-based jewellery retailer in China under the New Jewellery Retail Model, today announced the proposed listing of its shares on the Main Board…

HONG KONG — Tongda Hong Tai Holdings Limited (“Tongda Hong Tai” or the “Group”), a one-stop manufacturing solution provider of casings of notebooks, tablets and other accessories, today announced details of the proposed listing of its shares on the Main Board of the Stock Exchange of Hong Kong Limited (“SEHK”). Tongda Hong Tai has been a wholly-owned subsidiary of Tongda Group Holdings Limited (“Tongda Group”; stock code: 698) before the spin-off. Tongda Group will distribute shares by way of a distribution in specie if the spin-off proceeds and each shareholders of Tongda Group will be entitled to one share of Tongda…

Net Profit Surges 225.2% to HK$703 Million Ready to Expand Production Line and Strengthen Profitability HONG KONG — Lee & Man Chemical Company Limited (“Lee & Man Chemical” or the “Group”; HKEx: 746) today announced its annual results for the year ended 31 December 2017, with revenue amounted to HK$2,974 million (2016: HK$1,814 million), up by 63.9% as compared with a year ago. Net profit was HK$703 million for the year (2016: HK$216 million), representing a 225.2% leap, owed mainly to increase in product sales and prices. Net profit margin was 23.6%, up 11.7 basis points as compared with last…

Company Will Be The First North American Utility Member TOKYO — The Governing Board of Free Electrons, the first global energy startup accelerator program that connects the world’s most promising energy startup companies with leading utility companies, is pleased to announce that American Electric Power (AEP) will become its first North American utility member. AEP, based in Columbus, Ohio, has an asset base of 65 billion USD. In 2017, AEP’s electricity sales were approximately 194 million megawatt hours with 15 billion USD in revenue. Between 2018 and 2020, AEP plans to invest nearly 18 billion USD through its regulated and competitive…

1,970 exhibitors present exquisite jewellery raw materials; International Jewellery Show to commence at HKCEC on Thursday HONG KONG — The fifth Hong Kong International Diamond, Gem and Pearl Show, organised by the Hong Kong Trade Development Council (HKTDC), opened today and will run for five days (27 February to 3 March) at the AsiaWorld-Expo. This year’s Show gathers a record number of 1,970 exhibitors from 40 countries and regions, including new exhibitors from Belize and Turkey, to showcase an assortment of jewellery raw materials including exquisite diamonds, precious and semi-precious stones as well as pearls to international buyers. The 35th Hong…

Continues to Grasp Market Opportunities and Consolidates IDC Industry Leadership HONG KONG — Neo Telemedia Limited (“Neo Telemedia” or the “Group”; stock code: 8167), which focuses on internet and big data operations, has been accelerating the development of its Internet data center (“IDC”) business since its business restructuring in 2014. Last year, this development has gained momentum as the Group signed cooperation agreements with different parties with the objective of consolidating its industry-leading position. In 2017, the Group managed about 80 IDC and operated approximately 7,600 cabinets in China and overseas through its wholly-owned subsidiary. In particular, the total number of…

LONDON — As South East Asia absorbs massive datacenter investments made over the past two years, Vietnam has quietly built out facilities and services, creating a new cloud services market in the region, reaching near parity in terms of capacity with Thailand and Indonesia. A new report from BroadGroup, Datacenters South East Asia follows on from previous studies which have monitored sectoral developments in the region since 2012. It suggests that datacenter markets in South East Asia have undergone a period of adjustment and are still absorbing investments made in new capacity across Singapore, Malaysia, Vietnam, Brunei, Indonesia and Thailand. The…

Pledges JPY 500 Billion Annually for Fukushima, 450 Billion profit over next decade TOKYO — Nearing his first anniversary in office, TEPCO President Tomoaki Kobayakawa spoke at a press conference held at the Federation of Electric Power Companies (FEPC) of Japan, in which he set out a bold vision for global growth and investment in renewables while also pledging to continue providing strong support for the restoration of Fukushima. Kobayakawa, who at 53 is TEPCO’s youngest leader ever, is charting a dramatically new path for the company as it navigates the challenges posed by deregulation of Japan’s energy markets, the country’s…

Kyoto, Japan — Murata Manufacturing Co., Ltd. has developed a container-type large-scale energy storage system for instantaneous voltage drop countermeasures, and has released the developed system to the market in cooperation with Japan Facility Solutions, Inc. (JFS, President Mr. Yusuke Shibata), a 100% subsidiary of TEPCO Energy Partner, Inc. (TEPCO EP, President and Representative Director Mr. Toshihiro Kawasaki). The energy storage block of this system uses the olivine-type iron phosphate lithium-ion battery “Fortelion” manufactured by Murata subsidiary Tohoku Murata Manufacturing Co., Ltd., and is used in combination with an AC-DC converter made by Meidensha Corporation (President Mr. Yuji Hamasaki) or YAMABISHI…

Closed at HK$0.41 per Share 46% Higher than Offer Price HONG KONG — Polyfair Holdings Limited (“Polyfair Holdings” or the “Group”, stock code: 8532), a subcontractor that provides one-stop facade and curtain wall works solutions in Hong Kong, has commenced dealing on the Growth Enterprise Market (“GEM”) of The Stock Exchange of Hong Kong Limited (“HKSE”) today. The shares of Polyfair Holdings were actively traded today and recorded a satisfactory price performance. The intra-day high was HK$0.45 per share. The closing price was HK$0.41 per share, approximately 46% higher than the Offer Price of HK$0.28 per Offer Share. Mr. Chow Mo…

JAKARTA — The Tropical Landscapes Finance Facility (TLFF) today announced its inaugural transaction, a landmark US$ 95 million Sustainability Bond to help finance a sustainable natural rubber plantation on heavily degraded land in two provinces in Indonesia. The project incorporates extensive social and environmental objectives and safeguards. The planted areas will serve as a buffer zone to protect a threatened national park from encroachment. The multi-tranche Sustainability Bond, arranged by BNP Paribas (BNPP) and issued by TLFF I Pte Ltd, will fund PT Royal Lestari Utama (RLU), an Indonesian joint venture between France’s Michelin and Indonesia’s Barito Pacific Group for climate…

Phase 1 Fully Operates to Offer Complete Integrated Resort Experience to Visitors  HONG KONG — Landing International Development Limited (“Landing International” or the “Company”, together with its subsidiaries, the “Group”, HKEx Code: 00582) announced Jeju Shinhwa World Landing Casino, located in Jeju Shinhwa World Marriott Resort opened today. Dr. Yang Zhihui, Chairman and Executive Director of Landing International and Mr. Jay Lee, CEO of Landing Jeju Development Co., Ltd. officiated the opening ceremony of the casino and unveiled plague of Marriott Resort in the morning. The Group received on 21 February the approval from the Government of Jeju Special Self Governing…

Bangalore — Sooktha, a leading provider of next generation wireless access products and solutions, will showcase a wide array of solutions at next week’s Mobile World Congress in Barcelona, Spain. Sooktha will be demonstrating its 4G LTE, NB-IoT, and 5G solutions. Narrow Band Internet of Things (NB-IoT) and 5G will initially co-exist with 4G LTE to enable a smooth migration. Sooktha has added NB-IoT and 5G capability to its LTE solutions that are proven in both the test and the infrastructure segments. Sooktha’s portfolio of 4G LTE, NB-IoT and 5G solutions with patented WiFi mesh connectivity enables coexistence and covers the…

– BioSign 3.0, now supports in-display fingerprint sensors – LookSign, 3D facial recognition solution for smartphones SEOUL, KOREA — Suprema, a global leader in biometrics and ID solutions, announced that the company will showcase BioSign 3.0, an AI based in-display fingerprint authentication algorithm and LookSign, a 3D facial recognition solution at Mobile World Congress 2018 in Barcelona on February 26. Featured in Samsung Galaxy J5 2017 smartphones, Suprema BioSign is now far enhanced leveraging Suprema’s proprietary AI technology. Coupled with LookSign, the company’s latest 3D facial recognition solution, Suprema plans to penetrate next generation premium smartphone market. In the case of…

First exhibition of a catalyst coated membrane for evaluating electrode catalysts for water electrolysis Tanaka will present initiatives to realize a hydrogen-based society. TOKYO — Tanaka Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Akira Tanae) today announced that Tanaka Precious Metals, Tanaka Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Akira Tanae), which operates the Tanaka Kikinzoku Group manufacturing business, will exhibit at “FC EXPO 2018 – 14th International Hydrogen and Fuel Cell Expo,” one of the world’s largest fuel cell exhibitions, which will be held at Tokyo Big Sight from Wednesday, February 28…

–Strategically Strengthens Cooperation to Operate Preschool Centres under the MindChamps Brand in China– HONG KONG — China First Capital Group Limited (“CFCG”; HKEx:1269) entered into a Joint Venture agreement on 15 February 2018 with Singapore’s MindChamps PreSchool Limited (“MindChamps PreSchool”) to establish a China Preschool Fund (the “Fund”), with its investment objective of establishing and acquiring preschools in the People’s Republic of China (the “PRC”). Pursuant to the Agreement, the China Preschool Fund targets to raise an initial tranche of US$200 million. The Limited Partners of the China Preschool Fund will comprise third party investors and directly or indirectly owned companies…

MUNICH — Trillium Secure, Inc., known for its disruptive automotive IoT cybersecurity technology and highly innovative ‘SecureIoT’ Cyber Security as a Service (C-SaaS) platform, has been selected to present at the renowned Munich Summit (MUST) on February 21, 2018. MUST is an exclusive, invitation-only, networking event connecting cutting-edge startup companies with industry leaders and investors to create new business realities. Trillium will showcase technology that enables real-time global protection of the millions of commercial, public and private vehicles that will be serviced by the SecureIoT C-SaaS platform. Trillium’s solution dynamically creates and deploys security patches and countermeasures in near real-time…