Cultivating Talent and Creating a Brighter future for the industry HONG KONG — Perfect Group International Holdings Ltd (“Perfect Group”, together with its subsidiaries, the “Group”) (Stock code: 3326), a leading wholesaler and manufacturer of premium jewelries in Hong Kong, is pleased to announce that the Chairman and CEO of the Group, Mr. Kan Kin Kwong becomes the President of the Hong Kong Gold & Silver Ornament Workers and Merchants General Union (the “Union”), and will continue contributing to the long-term development of Hong Kong jewelry industry. Hong Kong Gold & Silver Ornament Workers and Merchants General Union was established in…
Author: Marie Jones
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SINGAPORE — Singapore eDevelopment Ltd (SeD; SGX:SGE) has announced that its indirect subsidiary, Global BioLife Inc., is collaborating with U.S.-based Chemia Corporation to develop specialised fragrances which can counter mosquito-borne diseases, diminish stress and anxiety, and act in anti-viral medical applications. 3F (Functional Fragrance Formulation) is a suite of functional fragrances being developed. The first product, 3F Mosquito, is made of specialised oils sourced from botanicals which mosquitoes avoid. 3F Mosquito was designed with an objective to identify, then create a suitable formula that was pleasant, yet excels in providing layers of protection against mosquitoes. Daryl Thompson, Global BioLife Director of…
– Distributable Income up 7.5%, Distribution per Unit up 7.2% – The office portfolio continued to see positive rental reversion – Proactive liability management – raised fixed rate debt proportion to 50% HONG KONG — Champion Real Estate Investment Trust (stock code: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for the six months ended 30 June 2017. Overview For the first half of 2017, Champion REIT recorded solid growth in rental income and distribution per unit of 5.3% and 7.2% year-on-year respectively. The growth was driven mainly by positive rental reversion in the Trust’s…
Expands Health Food Business Leveraging Advanced Japanese Technology HONG KONG — PuraPharm Corporation Limited (“PuraPharm” or the “Group”, HKEX: 1498), a leading Hong Kong-based Chinese medicine company, has announced that it entered into share purchase agreements through its Japanese subsidiary to acquire SODX Co., Ltd. (“SODX”), a Japan-based company that principally engages in the manufacturing and sale of health food in Japan, at a total consideration of JPY244.0 million (equivalent to approximately HK$17.1 million). Upon completion of the acquisition, SODX will become an indirect wholly-owned subsidiary of the Group. Based in Izumi City, Osaka, Japan, SODX is certified by the Japanese…
HONG KONG — Flying Financial Service Holdings Limited (“Flying Financial” or “Company” and its subsidiary companies called “Group”; Stock Code: 8030.HK) was pleased to announce the unaudited condensed consolidated results of the Group for the six months ended 30 June 2017 ( “Reporting period”). During the reporting period, the Company’s performance improved steadily, the revenue increased by approximately 31.6% compared with 2016 to approximately RMB190.3 million, the increase in the revenue was mainly due to the contribution of investment income from the property development projects through limited partnerships; Profit attributable to owners of the Company was approximately RMB75.7 million as compared…
HONG KONG — China’s leading green technology real estate developer and operator Modern Land (China) Co., Limited (“Modern Land”, the “Company”), together with its subsidiaries (the “Group”), stock code: 1107.HK, is pleased to announce the Group’s unaudited operating statistics for the 2017 Interim Results. HIGHLIGHTS – Achieved contracted sales of approximately RMB9,036.3 million, representing an increase of approximately 21.3% as compared to the corresponding period in 2016. – Revenue increased to approximately RMB4,294.4 million and profit for the period increased to approximately RMB534.7 million as compared to the corresponding period in 2016. – The Group’s total asset as at 30 June…
HONG KONG –FDG Electric Vehicles Limited (“FDG”, stock code: 00729.HK) is pleased to announce that its U.S. JV Chanje has entered into strategic partnership with Ryder System, Inc. (“Ryder”, NYSE: R), a leading company in commercial fleet management, dedicated transportation, and supply chain solutions in the US. Ryder will become the exclusive sales channel partner and service provider for Chanje. As part of the strategic cooperation, Chanje has received the initial order from Ryder, the first of which will be distributed to Ryder locations in U.S. markets and be available for ChoiceLease customers in the coming weeks. Besides, a portion…
Continuous upgrading to expand business to achieve win-win in economic and social benefits HONG KONG — Fu Shou Yuan International Group Limited (“Fu Shou Yuan” or the “Company” together with its subsidiaries, the “Group”, stock code: 1448.HK), the largest death care services provider in the PRC, has its interim results for the half year ended June 30, 2017 (the “Period”) announced on August 11, 2017. In the first half of 2017, Fu Shou Yuan recorded significant growth with its extensive expansion in business coverage, even the slowdown in Chinese economic growth pace. The Group’s revenue amounted to RMB 770.2 million during…
Revenue and Profit Attributable to Shareholders Increased by Approximately 36.1% and 51.0%, Respectively; The Company aims to become a leading infant formula supplier in the world as well as the most trustworthy nutrition product supplier and nutritional and health adviser in the PRC HONG KONG — Ausnutria Dairy Corporation Ltd (“Ausnutria” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1717.HK), a leading dairy industry company with production facilities principally based in the PRC, the Netherlands and Australia, is engaged in the production and distribution of all dairy products (including infant formula) and nutrition products. Today, the Group announced…
SEOUL, KOREA — Suprema, a global leader in biometrics and identity solutions, today announced that the company’s BioSign mobile fingerprint authentication algorithm has been loaded in Samsung Galaxy J5 2017 and Galaxy A7 (for SK Telecom) smartphone models. Partnering with Egis Technology, a Taiwan-based sensor provider, Suprema provides its integrated solution to global smartphone manufacturers. Earlier in February 2017, Suprema introduced BioSign 2.0 at Mobile World Congress at Barcelona. Enhanced by latest AI technology, BioSign 2.0 supports small fingerprint sensors and offers robust authentication performance over time and environment. Moreover, BioSign 2.0 provides exceptional versatility in integration as it supports different…
SEOUL, KOREA — Suprema, a global leader in biometrics and ID solutions, has announced that the company’s latest BioMini Slim 2 fingerprint scanner is integrated into IdentaMaster(R)/IdentaMaster(R).Pro, a biometric matching system from IdentaZone. Developed by IdentaZone, a New York-based biometrics powerhouse, IdentaMaster/IdentaMaster.Pro revolutionizes the biometrics market by offering the first system of its kind designed for consumer and enterprise use. IdentaMaster/IdentaMaster.Pro is an identity management and encryption with biometric authentication solution that is compatible with and interoperable with a variety of biometric devices and biometric technologies currently available on the market. While IdentaMaster/IdentaMaster.Pro works with a wide range of fingerprint scanners,…
Revenues from new Games & Entertainment division HONG KONG — AGTech Holdings Limited (SEHK code: 8279) today announced its financial results for the six month period ending June 30, 2017. “AGTech reported revenues of HK$54.1 million in the first half of 2017, with revenues contributing from sales from lottery hardware, lottery games and systems, lottery distribution, as well as new initiatives launched in the games and entertainment division,” said John Sun, Chief Executive Officer of AGTech Holdings Limited. “Despite the decrease in revenue mainly from reduced sales of lottery hardware, which is highly regulated and the timing of orders from customers…
HONG KONG — Winson Holdings Hong Kong Limited (“Winson” or the “Group”; stock code: 8421), a Hong Kong-based service provider specialising in environmental hygiene services and airline catering support services, has announced its unaudited quarterly results for the three months ended 30 June 2017 (“2017” or the “Period under Review”). During the Period under Review, the Group’s primary business activities, namely environmental hygiene service and related services and airline catering support services continued to perform favourably, with the combined revenue from the two businesses rose by approximately 7.2% year on year to approximately HK$122.1 million. Despite facing greater labour cost pressure…
Aspires to Become an Integrated New Energy Enterprise; Expands to Provide a Comprehensive Scope of Services and Enrich Income Sources HONG KONG — Northern New Energy Holdings Limited (“Northern New Energy” / the “Group;” stock code: 8246) has today announced its interim results for the six months ended 30 June 2017. During the period under review, the Group has actively strengthened the integrated capabilities of its New energy business team to be fully prepared for the peak season in the second half of the year. During the period under review, the revenue of the Group amounted to RMB56.5 million (Corresponding period…
HONG KONG — The 14th China M&A Annual Conference came to a successful close today in the Conrad Hong Kong, organised by the China Mergers & Acquisitions Association and co-organised by the Asia Mergers & Acquisitions Association, China Everbright Limited, Shang Finance, China Aircraft Leasing Group and the China Museum of Finance. Held in Hong Kong and themed “M&As Under the Belt and Road Initiative”, the 2017 China M&A Annual Conference brought together leading M&A practitioners to explore industry trends following two key events: the 20th anniversary of Hong Kong’s return to China, and the Belt and Road Forum for International…
Poised to provide commercial all-electric vehicle (EV) options at a previously unavailable scale and price HONG KONG — FDG Electric Vehicles Limited (“FDG”) has officially introduced its US JV – ‘Chanje’, a new company bringing electric mobility and energy solutions at scale to the ‘last mile’ transportation market. Run by an executive team from Tesla, Daimler, Volkswagen, Schneider Electric and others, Chanje will soon provide commercial all-electric vehicle (EV) options at a previously unavailable scale and price. Chanje will introduce a commercial all-electric truck available at mass scale in the U.S. market, a first for the industry. This vehicle is the…
Profit Soared 38% to HK$6.9 Million; Strategically Expands and Broadens Customer Base to Fuel Sustainable Growth HONG KONG — Miricor Enterprises Holdings Limited (“Miricor” or the “Group”, stock code: 8358), a medical aesthetic service provider in Hong Kong, has today announced its unaudited first quarter financial results for FY2017/2018. Despite the tough operating environment, the Group has successfully advanced its competitive strengths and leveraged its solid customer base in the new financial year. For the three months ended 30 June 2017 (the “Period Under Review”), profit surged to HK$6.9 million, increasing by 38%, when compared with the corresponding period of 2016.…
Gross Profit Improves by 31.5% to HK$ 78.0 Million HONG KONG — Neo Telemedia Limited (“Neo Telemedia” or the “Company;” stock code: 8167, together with its subsidiaries, the “Group”) has announced its unaudited interim results for the six months ended 30 June 2017. During the period under review, the Group recorded a turnover of approximately HK$291,665,000, mainly due to the keen competition in both the telecommunications and Internet finance industry as well as not launching any new mobile phones and tablet models. Gross profit improved by 31.5% to HK$78,021,000 compared with same period last year. Profit attributable to owners of the…
This year’s awards received 418 entries from 102 hospitals in 17 countries. MANILA — Hospital Management Asia (HMA) has announced the finalists for the 16th Asian Hospital Management Awards (AHMA 2017). Hosted by leading health technology company Philips, the awards received 418 entries from 102 hospitals from 17 countries across Asia Pacific. For sixteen years AHMA has been recognizing hospitals in Asia that have implemented outstanding programs and best practices that served patients, hospital employees, and the community. Thirteen awards categories were vied for. The AHMA 2017 finalists will be presenting their respective programs during the two-day Hospital Management Asia conference,…
– 2016 IQPR reports substantial increases of 227% in Coal Reserves and 150% in Coal Resources – 55 million tonnes of Coal Reserves upgraded to “Proved Reserves” status – Coal Reserves at 147 million tonnes, Coal Resources at 520 million tonnes SINGAPORE — BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”) is pleased to announce that its Coal Reserves at its PT Samantaka Batubara Concession (“PT SB Concession”) as at 9 June 2017 have more than tripled from its last reported estimates, which were announced on 8 August 2016. The Coal Reserves and Coal…