Author: Marie Jones

Young Living Singapore teams up with Feng shui master Stephanie Teo to share their predictions for 2018 SINGAPORE — Chinese New Year is the most significant holiday in the Chinese Lunar Calendar. Lasting approximately two weeks, the festivities welcoming the Year of the Dog will start on 16 February, all the way through to 2 March. In addition to preparing for the endless visiting, feasting and celebrations, Singaporeans will also be anxiously reading up on the predictions 2018 will bring. This Lunar New Year, Young Living Singapore has teamed up with Feng shui master, Stephanie Teo to identify essential oils that…

Study advises small and medium hotels in Mauritius to embrace new technologies and cultivate new clienteles Selangor, Malaysia — Small and medium sized hotels in Mauritius must adopt innovative business models in order to regain a foothold in the country’s changing accommodation marketplace, according to a new study published in the Pertanika Journal of Social Sciences and Humanities. Mauritius is an African island nation in the Indian Ocean, more than 1,000 kilometers east of Madagascar. Tourism is expected to grow significantly on the tropical island in 2018, as the government aims for an annual target of 2 million visitors, up from…

Deal includes exclusive sale rights in Asia, Mid-East for software used to manage plant efficiency TOKYO — Tokyo Electric Power Company Holdings, Inc. and Curtiss-Wright Corporation have created a strategic alliance designed to boost the efficiency of thermal power plants, an important element in the fight against climate change. As part of the alliance, TEPCO will supply Curtiss-Wright’s industry-leading thermal performance optimization software to power plants in East Asia, Southeast Asia, South Asia, and the Middle East. The deal marks the first time that TEPCO has agreed to obtain exclusive sales rights for software to power plants. It is also the…

Data monitoring and Analyzing Center enables increased fuel efficiency and overall operation improvement; expansion planned as service offered to other power producers  TOKYO — Tokyo Electric Power Company Holdings (TEPCO) and TEPCO Fuel & Power, Inc. are combining a new remote optimization center with the “Internet of Things” (IoT) to increase the fuel efficiency and other operations of its thermal power plants. The effort is the result of testing that began in 2015, and will be developed into operational support services for the thermal power plants of other electricity producers both in Japan and overseas. The center’s projected annual revenue is…

HONG KONG — Winson Holdings Hong Kong Limited (“Winson” or the “Group”; stock code: 8421), a Hong Kong-based service provider specialising in environmental hygiene and related services and airline catering support services, has announced its unaudited quarterly results for the nine months ended 31 December 2017 (“Period under Review”). The Group’s two principal businesses, consisting of environmental hygiene and related services and airline catering support services, performed stably for the nine months ended 31 December 2017. The operations contributed combined revenue of approximately HK$128.9 million for the three months ended 31 December 2017 and approximately HK$377.1 million for the Period under…

Tax Preferential Treatment to have Positive Impact on Operational Results HONG KONG — China Wood Optimization (Holding) Limited (“China Wood Optimization” or the “Group,” HKEX stock code: 1885), an advanced new technology group engaged in the processing, manufacturing and sales of Processed Wood Products and a self-developed Wood Processing Procedure Service, is pleased to announce that Jiangsu AMS Wood Industry Company Limited (“Jiangsu AMS”), a subsidiary of the Company has been awarded the High and New Technology Enterprise Certificate (the “Certificate”). With reference to requirements related to the Certificate and in accordance with relevant regulations of the Enterprise Income Tax Law…

@Rp350 per share to raise Rp 70 billion of new equity JAKARTA — PT Wintermar Offshore Marine Tbk will issue 200 million new shares without pre-emptive rights at a price of Rp350 per share in February. This issuance will raise new equity of Rp70 billion and improve the Company’s capital structure. The share issuance represents half of the tranche of 400 million new shares that was approved by shareholders in the Company’s EGM in May 2017. As previously informed through Disclosure Information, these shares will be issued to the principal controlling shareholder, PT Wintermarjaya Lestari. The funds will be used for…

HONG KONG — PwC China and Hong Kong (“PwC”) are delighted to announce that Vitargent (International) Biotechnology Limited (“Vitargent”) has become a strategic partner with PwC. Leveraging PwC’s extensive global network and Vitargent’s expertise, the strategic alliance will help both companies enter new geographic markets, as well as the food supply and integrity segments in Mainland China, Hong Kong and Southeast Asia. A signing ceremony was held today in Hong Kong by Elton Yeung, Strategy and Innovation Leader, PwC Greater China; and Jimmy Tao, Chief Executive Officer, Vitargent. “Enhancing trust in food safety is a growing concern in a climate where…

Developing 2D materials similar to graphene remains a challenge, but chemists are making progress – moving closer to smaller and faster electronics and photonics. Tsukuba, Japan — Chemists are working to synthesize the next generation of super materials for high-performance electronics, solar cells, photodetectors and quantum computers. While they have made progress with compound materials, they have not yet succeeded in developing unaltered or “freestanding” materials for such devices, according to a review published in the journal Science and Technology of Advanced Materials. Graphene is a carbon material derived from graphite, the same type of material found in pencils, but it…

Global Offering of 300,000,000 Shares; Indicative Offer Price Range between HK$ 1.00 and HK$1.25 per Offer Share HONG KONG — MECOM Power and Construction Limited (“MECOM” or the “Group”), a renowned integrated construction engineering contractor and power substations constructor in Macau who specialising in highly challenging and complex structural steelworks and high voltage power substation construction projects, today announced the details of its proposed listing on the Main Board of the Stock Exchange of Hong Kong Limited (“SEHK”). Offering Details The Group intends to offer a total of 300,000,000 Shares under the Global Offering (comprising 240,000,000 new Shares and 60,000,000 Sale…

Liquid State: ‘East Meets West on the Dancefloor’  HONG KONG — Sony Music Entertainment and Tencent Music Entertainment Group today announced in Hong Kong the launch of electronic dance music label Liquid State. Liquid State is the new home for electronic and EDM artists from the Asia region and internationally. The label will be discovering, showcasing and developing the abundant existing local talent to create original content, whilst providing unrivalled support for international artists in the region. Liquid State will be the premier dance and electronic community and lifestyle brand across the region, also incorporating live touring, club events and special…

HONG KONG — Dr Charles Chen Yidan, founder of the world’s biggest education prize – the Yidan Prize, addressed leading global academics and educators on key issues facing the sector at the Yidan Prize Cambridge Conference on 29-30 January 2018. Also speaking alongside Dr Chen was one of the two inaugural laureates of the Yidan Prize, Ms Vicky Colbert, founder and director of Fundacion Escuela Nueva in Colombia. Convened at the University of Cambridge and titled “Educating for the Future”, the conference examined the global economic and social challenges driving the need for transformational education reform, and the changes needed for…

Announced signing an approximately RMB 162 million New Order on the first year HONG KONG — Tianyun International Holdings Limited (the “Company” or “Tianyun International”, together with its subsidiaries, the “Group”) (Stock code: 6836.HK), a leading seller and manufacturer of processed fruits products in China, is pleased to announce that the Company has entered into a strategic cooperation agreement after market close on 30 January 2018 with Tai Wei Beverage Joint Stock Company Limited (“Tai Wei”) which Tianyun International and Tai Wei will jointly produce and sell X-Bear Energy Drinks (“X-Bear”). Pursuant to the agreement, Tianyun International becomes a 10-year strategic…

HONG KONG — The board of directors (the “Board”) of Honma Golf Limited (“HONMA” or the “Company”, Stock Code: 6858) is pleased to announce that on 26 January 2018, the Company and ITOCHU Corporation (“ITOCHU”) entered into a strategic alliance agreement (the “Strategic Alliance Agreement”). Strategic Alliance with ITOCHU to Revitalize its Apparel Business using a “golf total brand approach” HONMA is one of the most prestigious and iconic brands in the golf industry. As part of its continued efforts to deliver growth and to provide customers with a complete golf lifestyle experience through offering, among other products, HONMA-branded apparel, the…

HONG KONG — Alaya Consulting, an ESG consultancy based in Hong Kong, is delighted to congratulate our award-winning clients on the recognition of their works at the inaugural BDO ESG Awards 2017. AAC Technologies Holdings Inc. won the Best in ESG and Best in Reporting (Large-cap) Awards. Panda Green Energy Group Limited is the recipient of the ESG Report of the Year (Small-cap), as well as the Best in ESG and Best in Reporting Awards (Small-cap). Tony Wong, Founder of Alaya Consulting, stated: “We’d like to congratulate both organisations. We are honored that they trust us to make ESG reporting critical…

Offering of 200,000,000 Shares; Offer Price Ranges from HK$0.27 to HK$0.35 per Share HONG KONG — Prime Intelligence Solutions Group Limited (“Prime Intelligence” or the “Group”), a provider of biometrics identification solutions in Hong Kong, Macau and the PRC, today announced the details of the proposed listing of its shares (the “Listing”) on the Growth Enterprise Market (“GEM”) of The Stock Exchange of Hong Kong Limited (“SEHK”). Offering Details The Group proposes to issue a total of 200,000,000 Shares (the “Offer Shares”), of which 90% or 180,000,000 Shares (subject to reallocation and the Offer Size Adjustment Option) are for Placing and…

HONG KONG — Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for the HKIRA 4th IR Awards 2018 (the Awards). Held for the fourth consecutive year, the annual Awards recognise and honour investor relations excellence and best practices among Hong Kong-listed companies and IR professionals. Dr Eva Chan, Founding Chairman of HKIRA, said, “Building on the success over the past three years, we proudly present the 4th IR Awards 2018 to recognise the outstanding IR efforts of companies and individual professionals alike and to encourage best IR practices. Continuing our commitment to excellence…

HONG KONG — Pixlr creator and founder Ola Sevandersson has joined Inmagine Group to spearhead ongoing enhancements to the powerful Pixlr image editing suite. Inmagine acquired Pixlr, one of the world’s most widely used cloud and mobile photo editors, last year. In his new role as Pixlr’s CEO, Mr. Sevandersson will lead the development and introduction of new features and functions to support the growing Pixlr community. He will be based in Sweden. Mr. Sevandersson began creating Pixlr in 2007, personally writing and refining the software’s code while also working full-time as the development manager of a web community in Sweden.…

Trading on Catalist at 9.00am, 31 Jan. 2018; Net proceeds S$13.0mil attributable to Company SINGAPORE — LY Corporation Limited (“LY Corporation”; SGX:1H8), one of Malaysia’s leading manufacturers and exporters of wooden bedroom furniture, announced today that the placement for its initial public offering (the “IPO” or the “Placement”) of 75,848,000 placement shares (“Placement Shares”) priced at S$0.26 per share has received strong investor demand. At the close of the application list at 12.00 noon on 29 January 2018, the Group received valid applications for all 75,848,000 Placement Shares, and gross proceeds received amounted to approximately S$19.7 million. Some of the notable…

Daejeon, KOREA — The Processor Research Group at ETRI has announced the development of Aldebaran5, a processor for self-driving cars. Aldebaran5 features 9 cores to provide high computing power as well as safety mechanisms to ensure reliability for automotive applications, while exhibiting industry leading power efficiency (~1 watt) and a tiny form factor (smaller than the size of a nail head.) Codenamed Aldebaran5 after the brightest star in the constellation of Taurus, the chip is a significantly upgraded version of its predecessor. Nine cores provide ample computing power, 4 of which are dynamically programmable to operate for performance or for reliability.…