Ascensia Diabetes Care Combats Type 2 Diabetes with Global Innovation Competition KUALA LUMPUR — Ascensia Diabetes Care, a global specialist diabetes care company, recently launched a global innovation competition for innovative digital solutions to support diabetes management and improve the lives of those living with type 2 diabetes. The competition, named Ascensia Diabetes Challenge, aims to find new ideas to address and manage the global epidemic of type 2 diabetes. Winners of this contest will walk away with a prize fund worth close to RM1 million (EUR 200,000) in total to support the development of their ideas. Maximilian Lim Swee Leong,…
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HONG KONG — 1957 & Co. (Hospitality) Limited (“1957 & Co.” or the “Group”), a restaurant operation and management group and operator of the Hong Kong restaurants An Nam, Mango Tree, Sushi Ta-ke, Gonpachi and Paper Moon, announced today the details of its proposed listing of its shares on the Growth Enterprise Market (“GEM”) of The Stock Exchange of Hong Kong Limited (the “SEHK”) under the stock code 8495. Highlights – The Group operates a total of 11 restaurants at prime locations in Hong Kong, under its four self-owned brands and three franchised or sub-licensed brands, in which two restaurants…
Realizing Growth Strategies With Both Revenue and Net Profit Up; Declares Interim Dividend of HK0.9 cent per share HONG KONG — Jacobson Pharma Corporation Limited (“Jacobson Pharma” or the “Company”; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of generic drugs and proprietary medicines, today announced its unaudited interim results of the Company and its subsidiaries (collectively the “Group”) for the six months ended 30 September 2017 (the “Reporting Period”). During the Reporting Period, the Group’s revenue increased by 29.1% to HK$743.0 million (1H2016: HK$575.4 million). Gross profit and profit from operations rose by…
Premier Electronics Industry Conference to bolster growing semiconductor industry in the region KUALA LUMPUR — For the first time, SEMICON Southeast Asia (SEMICON SEA), the region’s premier gathering of the industry, connecting people, products, technologies and solutions across the electronics manufacturing supply chain, will be held in Kuala Lumpur. Taking place 8 to 10 May 2018, the conference will debut in the newly constructed Malaysia International Trade and Exhibition Centre (MITEC). With more than 85 percent of the exhibition space already sold, SEMICON SEA 2018 will represent companies from Southeast Asia, China, Taiwan, Europe and the U.S. More than 300 companies…
JX Online III Revamped Version to be Launched in December; Cloud Services Gains Robust Revenue Growth of 80% Y.O.Y HONG KONG — Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEX: 03888), a leading software and Internet service company based in China, has announced its unaudited quarterly results for the three months ended 30 September 2017(“the period”). For the third quarter of 2017, the revenue of Kingsoft increased 16% year-over-year and 1% quarter-over-quarter to RMB1,303.0 million. Revenue from the online games, cloud services, office software and services and others represented 57%, 28% and 15%, respectively, of the total revenue. Revenue from the…
Third Southeast Asian Film Financing Project Market reveals shortlist SINGAPORE — ScreenSingapore, together with the Southeast Asian Audio-Visual Association (SAAVA), has announced the full slate of film dignitaries who will be speaking at the Southeast Asian Film Financing (SAFF) Conference. The third edition of the SAFF Project Market also released its shortlist, with 15 projects from across Southeast Asia. “For seven years now, ScreenSingapore has been a key Southeast Asian platform that gathers the global industry’s best minds, for power-packed conference sessions that deliver actionable insights about the dynamic film landscape. We are deeply appreciative of partners like SAAVA and…
Copenhagen and Tokyo — The Nets Group and JCB International Co. Ltd. (JCBI), the international operations subsidiary of JCB Co. Ltd, have launched JCB’s EMV(R) contactless standard in Denmark for the first time. The solution combines Host Card Emulation (HCE) technology with JCB’s latest J/Speedy(TM)* contactless specification enabling Danish cardholders to tap and pay on their Android Phones at supermarkets and retailers across Denmark. Through this partnership, Nets merchants equipped with J/Speedy contactless terminals, will be able to accept payments from JCB cardmembers using their J/Speedy cards and smartphones in Europe. This is the latest development in last year’s strategic partnership…
HONG KONG — Tianyun International Holdings Limited (“Tianyun International” or the “Company”, 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 after market close today, Tianyi Holding Hong Kong Limited (“Tianyi”), a wholly owned subsidiary of the Company entered into a non-legally binding memorandum of understanding (“MOU”) with Homemade for Life International, Inc. (“Homemade for Life”) in respect of a proposed acquisition (the “Proposed Acquisition”) of 51% or more of the issued share capital in Homemade Harvey Operating, LLC (“Homemade Harvey”) .Total investment and consideration…
SHANGHAI — From PEOPLE.cn — KPMG International, the Big Four accounting firm, and H2 Ventures, the fintech investment firm, last week named the year’s leading global fintech innovators in announcing the 2017 Fintech100, in which Lufax ranked 6th, with impressive performances in big data analysis and advanced risk assessment models, while taking top spot in the “Trading and Capital Markets Platform” category. The Fintech100, with a strong international impact, recognized this year’s outstanding global fintech companies from among 29 countries. It selects the most innovative companies, those creating products and services at the juncture of technology and financial services while…
– Strategic proximity of BlackGold’s jetty to the PT SB concession translates into cost savings – Key infrastructural facility ready for impending ramp-up of production – Improved coal loading capabilities to boost operational efficiency SINGAPORE — BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce the completion of its jetty at Kuala Cenaku, in Riau province, Indonesia. The jetty will serve the delivery of coal produced from the Group’s mining concessions. Equipped with a conveyor belt and stockpiling facilities, the jetty has a loading capacity of 3.6 million tonnes of coal…
Reduces Labor Costs; Improves Cost-Effectiveness HONG KONG — Bortex Global Limited (“Bortex”) (the “Group”, Stock code: 8118) is a developing manufacturer and exporter of LED lighting products. In view of the increased demand for LED decorative lighting products, the Group will expedite its automation development to reduce labor costs and improve cost-effectiveness. The Group principally engages in the manufacturing and sale of quality LED lighting products to its customers in North America, Europe and Asia Pacific with a production plant located in Dongguan, Guangdong Province, the PRC. The Group’s LED lighting products are broadly classified into two major series, including LED…
Korean and American researchers develop a new method for making extremely short pulse lasers that could lead to precision eye surgery and material processing. SEOUL, KOREA — MXenes, conductive materials widely used in many industries, now have one more promising application: helping lasers fire extremely short femtosecond pulses, which last just millionths of a billionth of a second. The finding, made by an international team of researchers, opens up avenues for developing advanced femtosecond pulse lasers, which can be used for precision eye surgery and material processing. MXenes are a class of two-dimensional materials made of transition metals — the metals…
SINGAPORE — Changi Airport has teamed up with Sanrio, creators of characters beloved around the world this Christmas. In conjunction with the year-end gifting season, from 17 November 2017 to 12 January 2018, eight Sanrio plush toys are up for grabs exclusively at Changi Airport. Featuring Hello Kitty and Dear Daniel, as well as Cinamon Roll, Gudetama, Kiki & Lala from The Little Twin Stars, My Melody and Pompompurin, each of these toys can be purchased for S$8.90 when you shop and dine at Changi Airport. JCB Cardmembers can get an additional plush toy for free, as JCB International Co., Ltd.,…
Singapore will be the gateway for YITU to expand to the rest of the world SHANGHAI — YITU Technology, a Chinese pioneer in artificial intelligence (AI), announced its plans to set up a Research & Development (R&D) Hub in Singapore, bolstering Singapore’s AI applications in the area of security and finance. The discussion was held at a visit to YITU’s Shanghai headquarters recently, represented by Singapore officials from the Ministry of Home Affairs (MHA) and Singapore’s Economic Development Board (EDB), where they witnessed its award-winning facial recognition technologies. With much potential waiting to be harvested, AI is one of the key…
Intends to Acquire Company Engaged in Developing and Operating LNG Stations and Related Facilities in Tianjin HONG KONG — Northern New Energy Holdings Limited (“Northern New Energy” / the “Group”, stock code: 8246) announced that its non-wholly owned subsidiary entered into a memorandum of understanding today in relation to the possible acquisition of a company engaged in developing and operating liquefied natural gas (“LNG”) stations and related facilities in Tianjin (the “Target Company”). The Target Company holds two LNG stations in Beichen District, Tianjin, both in prime geographic locations and at the junction of many trunk roads. One of them is…
– Entered into the Subscription Agreement with the Guotai Junan on the Issuance of US$ 9,000,000 Convertible Notes at an interest rate of 6% per annum due November 2018; – Initial Conversion Price of HK$1.58 per Conversion Share represents a 18.4% premium of the average closing price as of the past 10 consecutive trading days; – Essential for enhancing Company’s future growth plans and financial liquidity; – Proceeds will be used for the general working capital of the Group, and expansion and development of the Group’s own brand business in the areas including new brands, new product varieties, industrial partnership…
HONG KONG — BGMC International Limited (“BGMC” or the “Group”, HKEX: 1693), a Malaysia-based construction services company, announced that Tan Sri Barry Goh, Chairman and Executive Director of BGMC, has been awarded the Lifetime Achievement Award for Leadership in Infrastructure & Education at the 9th World Chinese Economic Summit (the “Summit”). The award acknowledges his significant contributions in both infrastructure and education. Tan Sri Goh’s business empire covers construction services, property development, education and renewable product manufacturing, among which BGMC is the first of his companies to list on The Stock Exchange of Hong Kong Limited. By listing in Hong…
Proactively Expanding the Strategic Business Layout, Enhancing Competitiveness in China’s Real Estate Market HONG KONG — Sansheng Holdings (Group) Co. Ltd. (“Sansheng Holdings” or the “Company”, and together with its subsidiaries, the “Group”, Stock code: 2183.HK), is pleased to announce that the JV Agreement between the subsidiary of the Group and the JV Partner – Sansheng Investment, the agreements of Pingtan and Jinan Acquisitions were duly passed at the EGM held today by way of poll. The Formation of a Joint Venture Company On July 7, 2017, the Group and Sansheng Investment entered into the JV Agreement. Two parties agreed to…
SINGAPORE / VILNIUS — Invest Lithuania and Singapore FinTech Association today signed a landmark financial technology (“fintech”) innovation agreement at the 2017 Singapore FinTech Festival, signifying deeper bilateral economic relations as both republics seek to enter each other’s regional markets. The Republic of Lithuania’s Minister of Foreign Affairs, Linas Linkevicius, witnessed the signing at the festival in a session hosted by the Lithuanian delegation to Singapore. Organised by the Monetary Authority of Singapore (MAS), the Singapore FinTech Festival provides a platform for Lithuania to reach out to Asian fintech leaders, policy makers and technopreneurs. Representatives from the Bank of Lithuania and…
HONG KONG — Persta Resources Inc. (“Persta” or the “Company,” stock code: 3395), a Calgary-based energy company principally engaged in natural gas and crude oil exploration and production in Western Canadian Sedimentary Basin, with a focus on natural gas, is pleased to announce that the Company and Advance Drilling Limited, a direct wholly-owned subsidiary of CNPC (China National Petroleum Corporation) Greatwall Drilling Company (“GWDC”) have signed a turnkey services master agreement on drilling/ completion/ testing integration on 13 November 2017. Mr. BO Le, President, Chairman of the Board and Chief Executive Officer of Persta, said, “We will accelerate the development of…