Avails Cost Effective Solutions to Data Centers HONG KONG — Leading high-technology enterprise O-Net Technologies (Group) Limited (“O-Net”) (stock code: 877) and Semtech Corporation (“Semtech”) (Nasdaq: SMTC) announced today that O-Net’s SFP28 Active Optical Cable (“AOC”) which is integrated with Semtech’s 25Gbps Dual ClearEdgeTM CDR has marked a breakthrough to reach transmission distance of 400 meters OM4 fiber with RS-FEC and 300 meters without RS-FEC by passing multiple tests, once again demonstrating O-Net’s pioneering position in the industry. SFP28 AOC (Part Number 1AT-LS6MxxXX-01A) is a 25G/28G transceiver which can accelerate data center and high-performance computing interconnections. This product commenced mass production…
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JAKARTA — Indonesian Ministry of Energy and Mineral Resources (ESDM) on Wednesday co-organized the Clean Technology Roundtable Discussion at Hotel Raffles, Jakarta, in partnership with the Embassy of Denmark. The discussion was a part of the state visit of the Danish Prime Minister Lars Lokke Rasmussen to Indonesia. “The partnership will have a great impact on the effective pricing of renewable energy in Indonesia,” said Rasmussen in his speech. “I really hope that the partnership will be executed immediately and be environmentally beneficial to Indonesia, Denmark, and even the world.” ESDM Minister Ignasius Jonan stated that Indonesia’s commitment to achieve 23%…
JAKARTA — Indonesian Vice Minister of Energy and Mineral Resource (ESDM), Arcandra Tahar, accompanied by United Arab Emirates (UAE) Ambassador to Indonesia, Mohamed Abdulla Mohammed Bin Mutleq Alghafli, on Tuesday witnessed the signing of the project development agreement for a floating solar power plant between PT Pembangkitan Jawa Bali (PJB), a subsidiary of Indonesian power utility Perusahaan Listrik Negara (PLN), and United Arab Emirates’ Abu Dhabi Future Energy Co (MASDAR). The signing follows the MoU which was signed on July 16 in Abu Dhabi, UAE on the Development of Renewable Large Scale Power Projects in Indonesia. “I’m pleased that this is…
HONG KONG — Tongzhou District People’s Government of Beijing Municipality has organized an exclusive presentation themed “Building a Demonstration Area for a World-class Harmonious and Livable City, a New-type Urbanization and Beijing-Tianjin-Hebei Coordinated Development” at the Hong Kong Convention and Exhibition Centre on November 28. The presentation has leveraged Hong Kong’s position as a window to international markets to present and promote the future development blueprint for the new sub-center for the nation’s capital city Beijing to the world, and to attract quality resources from Hong Kong and international markets to support the construction of the new sub-center. The presentation was…
HONG KONG — Great Harvest Maeta Group Holdings Limited (“Great Harvest”, the “Group”; stock code: 3683.HK) announces its unaudited interim results for the six months ended 30 September 2017 (“the review period”). During the review period, the Group’s business was under sound operation. The revenue of the Group increased from about US$3.8 million for the six months ended 30 September 2016 to about US$6.3 million for the six months ended 30 September 2017, representing an increase of about 63.8 %. The revenue comprised chartering income of approximately US$6.3 million (approximately 100% revenue of the Group, 1H 2016: approximately US$3.6 million) and…
HONG KONG — Shandong International Trust Co., Ltd.(1697 HK.) today announces the details of its global offering plan and the listing of its H shares on the Main Board of The Stock Exchange of Hong Kong Limited, being the first Chinese trust company to attempt an IPO in more than two decades and the first to list in Hong Kong. BoCom international, CCB International and Haitong International are joint sponsors. According to the Prospectus, the shares are slated for pricing on December 1 and the trading will start on December 8. The Offer Price ranges between HK$4.46 and HK$5.43 per H…
SEOUL, KOREA — Suprema ID., a leading global provider of biometrics and ID solutions, today announced that the company will reveal its ground-breaking fingerprint authentication scanner featuring ultra-slim sensor and wireless technology at Trustech 2017 on November 28. The new FAP20-compliant BioMini Slim 2S fingerprint scanner provides a number of industry-leading features under its sleek design. Featuring range-leading powerful 1.0GHz CPU, BioMini Slim 2S provides high-speed extraction and matching of fingerprints on the scanner. To improve user convenience, BioMini Slim 2S now supports true plug-n-play by featuring HID (human interface device) protocol. HID protocol enables users to scan fingers immediately after…
HONG KONG — Shandong International Trust Co., Ltd. (“Shandong International Trust” or the “Company”, Stock code:1697) today announces the details of its global offering plan and the listing of its H shares (the “Global Offering”) on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”). Shandong International Trust is a comprehensive financial and wealth management service provider in China, utilizing the Company’s trust products to provide diversified financing and investment services. It is a trust company licensed by the CBRC and is permitted to provide financing and investing solutions across the real economy, capital markets and…
HONG KONG — On the day of 24 November 2017, China New City Commercial Development Limited(01321.HK) held the cooperation signing ceremony with Maggie & Rose, the famous London’s luxury private members club for kids and parents. After the 4 months’ negotiation, the two major brands in China and British came to an agreement to start a full range of resources docking. In the future, they will expand higher quality construction in family clubs and children development as well as education institutions, books, catering, children’s parties throughout China mainland, Macao and Taiwan. As one of the most famous commercial real estate enterprises…
HONG KONG — Heeding the rising demand for LED decorative lighting product, Bortex Global Limited (“Bortex”) (the “Group”, Stock code: 8118), a developing manufacturer and exporter of LED lighting products, will strengthen its product development capability that it may expand its product portfolio and by implementing stringent quality assurance measures push to secure a larger market share. The Group principally engages in the manufacturing and sale of quality LED lighting products to customers in North America, Europe and Asia Pacific and operates a production plant in Dongguan, Guangdong Province, the PRC. With over 10 years of operation in the LED lighting…
Net Profit Up 29.6% to HK$292.1 Million; Forays into Knitted Uppers for Footwear and Knitted Upper Shoes Manufacturing Industry; Diversifies Business to Strengthen Competitive Edge HONG KONG — Nameson Holdings Limited (“Nameson” or the “Group”, stock code: 1982), one of the leading knitwear manufacturers in the PRC, today announced its interim results for the six months ended 30 September 2017 (“FY2018 1H” or the “Review Period”). During the Review Period, the knitwear industry in China was affected by certain external uncertainties. However, leveraging its raising production efficiency and tight quality control, the Group has been favored by internationally renowned brand customers…
SINGAPORE — The Board of Directors (the “Board” or “Directors”) of Samurai 2K Aerosol Limited (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that the Company had on 27 November 2017 entered into a placement agreement (the “Placement Agreement”) with UOB Kay Hian Private Limited as the placement agent (the “Placement Agent”). Pursuant to the Placement Agreement, the Company has agreed to offer and the Placement Agent has agreed, on a best efforts basis, to procure subscriptions for up to 10,000,000 new ordinary shares (the “Placement Shares”) in the capital of the Company at a price of…
HONG KONG — Sisram Medical Ltd (“Sisram” or the “Company”; stock code: 1696.HK), an investment holding company specializing in medical technology for healthcare ranked #1 in the PRC and one of the top 5 global leaders in the industry, announced the increase in shareholding by the Company’s controlling shareholder and CEO. Ample Up Limited (“Ample Up”), controlling shareholder of Sisram, and Mr. Lior Moshe Dayan, Chief Executive Officer and Executive Director of Sisram, has acquired additional shares of the Company. According to latest announcements, Ample Up has made on-market purchase on The Stock Exchange of Hong Kong Limited (“SEHK”) of an…
SINGAPORE — The Board of Directors (the “Board” or “Directors”) of Samurai 2K Aerosol Limited (the “Company”, and together with its subsidiaries, the “Group”) wishes to announce that the Company had on 27 November 2017 entered into a placement agreement (the “Placement Agreement”) with UOB Kay Hian Private Limited as the placement agent (the “Placement Agent”). Pursuant to the Placement Agreement, the Company has agreed to offer and the Placement Agent has agreed, on a best efforts basis, to procure subscriptions for up to 10,000,000 new ordinary shares (the “Placement Shares”) in the capital of the Company at a price of…
Attended by 170 participants from 56 banks from India, Japan, Malaysia, China and Singapore as well as Indonesia JAKARTA, Nov 24, 2017 – (ACN Newswire) – Kamakura Corporation, with partner Risk Management Guard Indonesia, successfully conducted a workshop on international financial reporting standards (IFRS) on November 16. The event, attended by more than 170 participants from over 56 banks from Indonesia and overseas, provided a hands-on approach for seamlessly upgrading from IAS39 to IFRS 9. Implementation challenges, including a detailed approach to computing loan impairment, a comparison between calculating expected credit losses under Basel III and IFRS 9, and practical demonstrations of the Kamakura…
KUALA LUMPUR — CURRENT, powered by GE, is set to pave the way in revolutionising smart lighting in Malaysia, by offering solutions that allows for greater efficiency and productivity. These energy efficient Roadway LED lighting, is available in Malaysia via CURRENT’s master distributor, Midwest Green Sdn Bhd (Midwest Green). Various Municipal Councils in Malaysia have started to implement the requirement of LED street lighting for new townships, and some councils are now looking to expand this territory-wide. Majlis Perbandaran Johor Bahru Tengah (MPJBT) and the State of Terengganu Councils, through its project partners are now working with Midwest Green in…
The Group achieved double-digit growth rates across most product sales; Its revenue reached HK$749,760,000 HONG KONG — Lee’s Pharmaceutical Holdings Limited (“Lee’s Pharm” or the “Group”, Stock Code: 950), an integrated research-driven an market-oriented pharmaceutical group in China, today announced its unaudited consolidated quarterly financial results (the “Quarterly Results”) for the nine months ended 30 September 2017 . The Group has sustained its momentum in revenue growth into the third quarter and achieved double-digit growth rates across most product sales. In addition, overall gross margin of the Group has been stablised despite the in-house products have been facing continued rising production…
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 applications has been named one of the winners of “Hong Kong Outstanding Enterprise” organized by the Economic Digest. Since its inception in 2004 and currently in its 14th years, this award aims to honor successful enterprises in Hong Kong that are recognized for their achievements and exemplary contributions to the Hong Kong’s economy and progress. Some of the past winners include MTR Corporation Limited, NWS Holdings Limited and China Everbright International Limited. ASMPT…
SEOUL, KOREA, Nov 23, 2017 – (ACN Newswire) – Suprema, a global leader in biometrics and security solutions, was recognized with the ‘Best Product Award’ in the ID & Access Control category at the Detektor International Awards 2017, presented at the Stockholmsmassan (Stockholm International Fairs and Conference Centre) in Stockholm, Sweden on November 21. Detektor Best Product Awards were presented to the top companies of the year in each of four categories; Suprema in ID & Access Control, Axis in Alarm & Detection, Bosch in Video Surveillance and Genetec in IoT Security. “The world’s fastest facial recognition terminal and the first to support Bluetooth…
2000+ Industry Elites Explore Opportunities with Heavyweight Speakers HONG KONG — More than 70 leaders from the logistics and maritime industries are scheduled to speak at the seventh Asian Logistics and Maritime Conference (ALMC), which opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). The two-day conference is expected to be attended by more than 2,000 industry elites from over 30 countries and regions, making it one of the largest events of its kind in Asia. Today’s opening session was officiated by Carrie Lam, Chief Executive of the Hong Kong Special Administrative Region, while Arkhom Termpittayapaisith, Minister of Transport…