Author: Marie Jones

For potential launch of authentication and payment scheme using visible light palm authentication TOKYO — JCB Co., Ltd., announced that JCB will be running a trial of multipurpose server-based visible light palm authentication in February at JCB headquarters in Tokyo, Japan, in collaboration with Universal Robot Co., Ltd. (UR), and the National Institute of Advanced Industrial Science and Technology. Image 1: https://www.acnnewswire.com/topimg/jcb_palm_1.jpg The trial will use UR’s visible light palm authentication, using both palm print and vein patterns, which has the world’s highest level of accuracy at only 1 in 100 billion false acceptance rate (see note below). The trial will focus…

Moves full steam ahead to expand new energy business; Hopes to build diversified integrated new energy enterprise  HONG KONG — Northern New Energy Holdings Limited (“Northern New Energy” / the “Group”, stock code: 8246) today announced that it has entered into a sale and purchase agreement in relation to it conditionally agreed to acquire 91% of the registered capital in the amount of RMB18.2 million (approximately HK$21.9 million) of Tianjin Jin Re Natural Gas Sales Company Limited* (“Tianjin Jin Re Natural Gas”), a company engaged in operation of liquefied natural gas (“LNG”) stations, including purchase and receipt from third parties, and…

Offering of 200,000,000 Shares through Public Offer and Placing; Price Ranges from HK$0.375 to HK$0.425 per Share HONG KONG — Excalibur Global Financial Holdings Limited (“Excalibur” or the “Group”), a futures brokerage services provider in Hong Kong, announced the details of its proposed listing on the GEM Board of The Stock Exchange of Hong Kong Limited (“SEHK”). Offering Details Excalibur intends to offer a total of 200,000,000 shares. The Share Offer comprises an offer of 20,000,000 shares under the Public Offer (including 2,000,000 Employee Reserved Shares) and (subject to re-allocation and Offer Size Adjustment Option) and 180,000,000 shares under the Placing…

Revenue Grows 34.4% to HK$1,285.6 Million with Pro Forma Net Profit* increasing by 8.3% to HK$130.6 million; Continues to Secure New Scalable Contracts and Is Well-positioned to Capture Numerous; Business Opportunities Arising from “One Belt One Road” Initiative HONG KONG — BGMC International Limited “BGMC” or the “Group”) (HKEX: 1693), a Malaysia-based construction services company, has announced its first audited annual results for the year ended 30 September 2017 (“FY2017” or the “Year “) since its successful listing on the Main Board of the Stock Exchange of Hong Kong Limited (“HKSE”) on 9 August 2017. Financial Highlights: – Revenue increased by…

HONG KONG — Honghua (Stock Code: 196.HK), a leading global land drilling rig manufacturer, today announce that subsequent to the previous announcement issued on December 27 in relation to the proposed disposal of its offshore business through the Public Tender, the Company announced that the disposal have been publicly listed for sale on the Shanghai United Assets and Equity Exchange (“SUAEEX”) starting from December 28, 2017 at a total consideration of approximately RMB1.7 billion and the bidding period is expected to be ended on January 25, 2018. According to the publicly disclosed information of SUAEEX, the offshore business under the tender…

Establishing an upscale community for the elderly with the concept of “Integrated Senior Wellness Hub” HONG KONG — 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), announced the formation of a joint venture for the operation of upscale community for the elderly with the concept of “Integrated Senior Wellness Hub”. The strategic cooperation with Utopia Limited which is 100%-owned by Mr. Tang Yiu Sing, the sole shareholder of Stan Group (Holdings) Limited (“Stan Group”) in…

HONG KONG — Hua Hong Semiconductor Limited (“Hua Hong Semiconductor” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1347.HK), a global leading pure-play 200mm foundry, today announced the successful mass production of its second-generation 90nm eFlash (90nm G2 eFlash) process platform, which has further enhanced the Company’s technical capabilities and competiveness. Based on the first-generation 90nm eFlash (90nm G1 eFlash) process technology, Hua Hong Semiconductor realized technological advancement of its 90nm G2 eFlash process platform in multiple aspects. 90nm G2 has a shrinked Flash cell size, which is about 25% smaller than that of the first-generation – the…

Ho Chi Minh City and Tokyo — Sacombank, one of the largest commercial banks in Vietnam and JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd. (“JCB”), today announced the launch of Sacombank JCB Ultimate Credit Card in Vietnam. This is the highest line of JCB for individual customers in Vietnam with income from 80 million VND per month with special promotion and premium privileges to bring the experience of luxury life. For the promotion, Sacombank JCB Ultimate Credit Cardholders receive cashback for all transactions on the weekends in specific merchant categories such as restaurant and supermarket,…

London/Tokyo — JCB International Co., Ltd. (hereinafter referred to as “JCB”), the international operations subsidiary of JCB Co. Ltd, has partnered with iZettle, the award-winning Swedish fintech company, with an awareness campaign using the iconic London Black taxis. The campaign aims to reinforce the message that JCB and iZettle merchants across Europe accept JCB Cards. This is good news for JCB’s 106m Cardmembers that may visit London and want to hail London taxis equipped with iZettle payment devices or make a purchase at an iZettle merchant. iZettle revolutionised mobile payments in 2011 and has rapidly moved beyond payments to become a…

Global leader in computer vision space builds upon its 18 granted patents worldwide, spearheading innovations to make computer vision part of everyday reality     HONG KONG — eyeSight Technologies, a leader in advanced embedded computer vision and deep learning, has been awarded two new patents: one offers a groundbreaking solution for the power consumption issue AR/VR headsets and wearable devices suffer from, and the other, referred to as the Direct Pointing Interaction technology, addresses solutions centered around direct pointing detection for interaction with a digital device and displays. eyeSight Technologies’ IP Portfolio contains more than 40 patent applications worldwide and…

Offers 300,000,000 Shares; Offer Price Range between HK$0.18 to HK$0.28 per Share HONG KONG — China Futex Holdings Limited (“China Futex” or the “Group”), one of the top ten manufacturers of circular knitting machines in the PRC, today announced details of its proposed listing on the Growth Enterprise Market (“GEM”) of the Stock Exchange of Hong Kong Limited (“SEHK”). Highlights – China Futex is one of the top ten manufacturers of circular knitting machines in the PRC and third among all domestic circular knitting machinery manufacturers and seventh among all domestic, foreign-owned and Sino-foreign joint venture manufacturers in the PRC -…

Hanoi and Tokyo — Vietnam Post and Telecommunications Group (VNPT), a major telecommunication group in Vietnam; Vietinbank, one of the largest state-owned banks in Vietnam and JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd. (“JCB”), today announced the launch of the Vietinbank-VNPT-JCB Co-branded card (Vpoint Card) in Vietnam. The Vpoint Card is the first point card in the market which allows millions of consumers to earn points by spending at any merchant in the Vpoint network. As a result of the comprehensive co-operation among VNPT, Vietinbank and JCB, Vpoint Card can also be used at JCB’s…

Hong Kong and Singapore — mybitwallet users are now able to conduct instant deposits and withdrawals whenever they want, wherever they wish to. The release of this feature allows bitcoin users to conveniently deposit and withdraw with bitcoin instantly. mybitwallet hopes the release of this feature will increase the numbers of bitcoin enthusiast joining the platform. With that, mybitwallet promises to keep transaction fees for this feature minimal for its users to conduct bitcoin deposits and withdrawals. The transaction process of this feature is designed to ensure users are able to transact easily at their own fingertips. How mybitwallet users deposit…

– Acquiring land for plant construction, expand product line, local, overseas client bases to boost growth BANGKOK — CPT Drives and Power PCL (SET:CPT), a provider of competitiveness-enhancing electrical power solutions for machinery control, including electrical power control equipment and systems for industrial plants and power substation erection and construction services, commenced trading on the SET on 20 December, 2017. CPT is confident of firing investors’ enthusiasm, given its planned expansion of product lines and industrial client bases both locally and internationally, which is expected to contribute to an annualised growth rate of 10%. Mr Somsak Limprasert, chief executive of CPT,…

Subscribing Shanghai Henlius’ Shares at a Consideration of RMB99.4 Million HONG KONG — Jacobson Pharma Corporation Limited (“Jacobson Group” or the “Group”; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of generic drugs and proprietary medicines, today announced that through its wholly-owned subsidiaries, Jacobson Medical (Hong Kong) Limited (“Jacobson Medical”) and Joyful Ascent Limited (the “Subscriber”), it has entered into a Licensing Framework Agreement and a Capital Increase Agreement with a subsidiary of Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (a joint stock limited company listed on the main board of the Hong Kong Stock…

HONG KONG — On December 19 2017, China Oceanwide International Financial Limited (“Oceanwide Financial”, stock code: 952.HK) is pleased to announce to raise approximately HK$18.25 billion by way of a rights issue on 3 for 8 basis. Last day of dealings in nil-paid Rights Shares is expected to be 15 February 2018, before Chinese New Year. In accordance with our company’s strategic development, 40% of the funds raised is designated to support and expand our group’s securities business including brokerage and margin financing, asset management, wealth management and insurance brokerage; 20% is to expand the structured finance business, institutional sales and…

Surabaya, East Java, Indonesia — PT Bank Negara Indonesia Persero Tbk (“BNI”) and PT JCB International Indonesia, a subsidiary of JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd. (“JCB”) today launch a new product of credit card for the mass segment, called BNI JCB Gold Card. This product, which comes in two designs: Generic and Doraemon Edition, is mainly targeting the first jobber, young, Japan lover and people who have a strong attraction to the Doraemon character. The launching ceremony was attended by President Director of JCB Indonesia, Mr. Koichiro Wada, and General Manager Card Business Division…

HONG KONG — ASM Pacific Technology Ltd. (ASMPT), a world leader in the supply of semiconductor assembly and packaging equipment and materials, as well as surface mount technology solutions announced today that it has been awarded the Technological Achievement Grand Award of the Hong Kong Awards for Industries (HKIA) 2017. This is the third time ASMPT has bagged this award, with prior win in 1999 and 2015, respectively. Established in Hong Kong since 1975, ASMPT has always been in the forefront to develop new technology and spur innovation. These are best exemplified in its long-standing policy to invest up to 10%…

Around 130 children participate in this event Yangon and Tokyo — JCB Co., Ltd. (JCB) partnered with Global Football Academy (GFA) operated by Samurai Pte Ltd. to hold soccer events for children in Southeast Asia. The first event was held in Yangon in Myanmar for two days on 17 and 18 December 2017. JCB is considering holding soccer events in other countries in Southeast Asia in the future.      Soccer is a very popular sport in Southeast Asia for both adults and children. JCB and GFA, which does soccer and other related business in Southeast Asia, are showing children in Southeast…

Advancing digitalisation in Hong Kong and international markets to create a better future for the community HONG KONG — HGC Global Communications Limited (“HGC”) (formerly known as Hutchison Global Communications Limited), a full-fledged fixed-line operator with extensive Hong Kong and international network coverage and infrastructure, provides various kinds of services. The company unveiled its new name and brand identity today. HGC strives to enable people to live better lives in a smart environment by empowering boundless communications. HGC’s new tagline reflects its brand identity: “Embrace technology. Enjoy communications. Enrich your world.” The new brand identity also embodies HGC’s mission to combine…