Author: Marie Jones

SINGAPORE — BlackGold Natural Resources Limited (BlackGold) announced that, through its subsidiary, PT Samantaka Batubara (“PT SB”), the Group has received a purchase order (the “PO”) from an Indonesian state-owned cement company, PT Semen Padang (“Cement Padang”). The PO has an approximate value of US$12.6 million and, barring unforeseen circumstances, the Group expects to complete the PO within the next 11 months. Founded in 1910, Cement Padang is a state-owned company and a subsidiary of PT Semen Indonesia (Persero) Tbk, a cement manufacturing company listed on the Indonesia Stock Exchange and the largest cement distributor in Indonesia. Mr Philip Rickard, Chief Executive…

HONG KONG — Uni-Bio Science Group Limited (“Uni-Bio Science” or the “Group;” HKEx code: 690) has announced that its product Mitiglinide is now to be officially reimbursed under the National Reimbursement Drug List (“NRDL”) published by Ministry of Human Resources and Social Security today. Meanwhile, GeneTime already included on the NRDL, lifted from the restricted use in only occupational injury claims. Therefore both drugs are now accessible to all patients under general medical claims which should accelerate the market penetration of Uni-Bio Science’s drugs while expediting the Group’s business growth. The lifting of restrictions limiting use only for occupational injury claims…

HONG KONG – K. Wah Group held its spring cocktail reception at the Four Seasons Hotel Hong Kong today to express gratitude to business partners and the community for their long-term support and also to celebrate the advent of the Chinese New Year, as well as the stellar performance of its four major businesses in the past year. The reception was graced by the presence of top government officials and business leaders in Hong Kong and from Mainland China and Macau. It had The Hon Tung Chee Hwa, Vice Chairman of the National Committee of the Chinese People’s Political Consultative…

HONG KONG — The 27th HKTDC Education & Careers Expo opened to the public free of charge today at the Hong Kong Convention and Exhibition Centre. The four-day event continues through 26 February and gathers more than 860 organisations from 22 countries and regions, including educational institutions, consulting firms, government departments as well as private enterprises to showcase a wealth of information on further studies, continuous education and job opportunities. Eddie Ng, Secretary for Education, Hong Kong Special Administrative Region (HKSAR) Government, officiated the opening ceremony this morning. He said the annual expo has established itself as a premier event providing…

Tsukuba, Japan — Researchers in India and Japan have developed an improved method for using graphene-based transistors to detect disease-causing genes. Graphene field-effect transistors (GFETs) can detect harmful genes through DNA hybridization, which occurs when a ‘probe DNA’ combines, or hybridizes, with its complementary ‘target DNA.’ Electrical conduction changes in the transistor when hybridization occurs. Nobutaka Hanagata of Japan’s National Institute for Materials Science and colleagues improved the sensors by attaching the probe DNA to the transistor through a drying process. This eliminated the need for a costly and time-consuming addition of ‘linker’ nucleotide sequences, which have been commonly used to…

HONG KONG – Microware Group Limited (“Microware” or the “Group”), which ranked first among the IT infrastructure solutions providers in terms of revenue in Hong Kong offering IT infrastructure solutions services and IT managed services, announced the details of the proposed listing of its shares (the “Listing”) on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”). The group intends to issue a total of 60,000,000 Shares, of which 90% or 54,000,000 Shares are for International Placing (subject to adjustment and the Offer Size Adjustment Option); and the remaining 10% or 6,000,000 Shares (subject to adjustment) are…

Developing the loyalty element of the award-winning ‘DubaiNOW’ mobile app to unlock the relationship value of Government smart services DUBAI, UAE — Loyyal, the leading universal loyalty platform, has been invited by Smart Dubai to rejoin the Dubai Future Accelerators Program in its second cycle. The company will be working alongside Smart Dubai to focus on developing and expanding the loyalty and incentivization elements of the award-winning DubaiNOW mobile application. With the aim of making Dubai the best connected and ‘happiest’ city on earth, Smart Dubai regards blockchain technology as the missing piece in creating a seamless and more efficient digital…

SINGAPORE – CASBAA, the Association for digital multichannel TV, content, platforms, advertising and video delivery in Asia, is pleased to announce its 4th OTT Summit, Asia’s OTT industry marquee annual event. A series of panels comprised of some of the region’s leading experts will explore in detail how traditional media is responding to the digital challenges of OTT. “We are delighted to be returning to Singapore for the fourth edition of CASBAA’s OTT Summit,” said Christopher Slaughter, CEO, CASBAA. “While traditional media incumbents remain dominant, there’s no denying the growing impact of over-the-top (OTT) video services, and how they are…

SEOUL, KOREA – Suprema, a global leader in biometrics and ID solutions, has announced the availability of BioSign 2.0, a game-changing mobile fingerprint authentication solution featuring the world’s fastest matching speed. Suprema will be showcasing BioSign 2.0 at Mobile World Congress 2017, Feb 27 – Mar 3 in Barcelona. Using advanced AI technology, BioSign 2.0 yields matching speeds up to 2x the fastest speeds available, while far outpacing others in terms of accuracy (FRR) and security (FAR). Moreover, the new BioSign 2.0 offers enhanced robustness and accuracy over time, and extra flexibility in integration by supporting various types and sizes…

Limonest, France – ACOEM Group (EUR 62 million revenue, 450 employees) announces its merger with Ecotech, Indo-Australian specialist in air quality monitoring (EUR 24 million revenue, 220 employees). ACOEM Group’s mission is to help companies and public authorities limit their environmental impact, offering products and services that enable them to prevent noise and vibration pollution, improve air quality, and increase the productivity and reliability of industrial machines. Leveraging this merger as well as its positioning in the high-growth market for monitoring environmental parameters, the group seeks to double its sales revenue by 2020. “The extensive expertise Ecotech possesses in air…

HONG KONG – Bossini International Holdings Limited (“Bossini” or the “Group”; HKSE stock code: 592) today announces its interim results for the six months ended 31 December 2016. Revenue for the Group for the six months ended 31 December 2016 was HK$1,022 million (2015: HK$1,146 million), down by 11%. Gross profit slipped 4% to HK$519 million (2015: HK$543 million), with gross margin rose 4% points to 51% (2015: 47%). Profit for the period attributable to owners of the Company totalled HK$17 million (2015: HK$14 million) and basic earnings per share amounted to HK1.03 cents (2015: HK0.86 cent). The Board of…

HONG KONG – AsiaPay, a leading payment gateway service provider in Asia since 2000, has announced a collaboration with Peach Aviation, a well-known low cost carrier (LCC) in Japan, to offer UnionPay and AliPay Online Payment acceptance service for its travelers from China and Asia. Growing volume of passengers prefers to choose low fare air tickets especially those in China and Asia. Yet, the existing payment system of some airlines may not be timely updated to offer its customers with a comprehensive choices of convenient payment options in China and Asia to pay for travel expenses. AsiaPay provides secure, robust, one-stop…

Adding Value with Strong Concept Creation and Artwork Design Capabilities and by Enhancement of Overall Infrastructure and Facilities HONG KONG — HM International Holdings Limited (“HM International”, or the “Group”, HKEx: 8416), a leading business process outsourcing (“BPO”) services provider in Hong Kong, which was listed on the Growth Enterprise Market (GEM) of The Stock Exchange of Hong Kong Limited (“HKEx”) on 11 January 2017, plans to expand its business by lifting the service quality of its comprehensive one-stop BPO solutions and thereby fortify its market leadership. Investment Highlights – A leading business process outsourcing (“BPO”) services provider and one…

Cross-sectors with over 100 organisations and 12 ambassadors collaborate for the first time to improve financial literacy and promote Hong Kong as a city that values financial well-being; Money Month Education Fair offers experiential and fun learning and addresses specific education needs; Money Learning Directory provides a one-stop financial education resource guide to enable public learning HONG KONG — The Investor Education Centre (IEC) today launched “Money Month,” Hong Kong’s first territory-wide financial education campaign under its cross-sectoral collaboration platform “Hong Kong Strategy for Financial Literacy” (HKSFL). The campaign brings together for the first time some 100 supporting organisations and…

SINGAPORE — The Singaporean Private Equity Tech Conference (PETC) 2017 will be the latest in a series of events which is attracting a strong following among leading Asian private equity LPs and GPs. To be held on Friday, February 24th at the Novotel Singapore Clarke Quay, the event will build on the success of the Asian PETC 2016, held in Malaysia, and the Australian PETC 2016, held in Sydney in October. The Singapore PETC will gather 150+ attendees from across Asia to meet and discuss latest best practice in the industry under the theme “Bridging Investment Opportunities in Asian Companies”. READ…

TOKYO — Tokyo-based Trillium Inc, a leading contender in the global race to close the cyber-security gap that threatens to stop self-driving cars in their tracks, today announced the successful closing of its Series A financing round with investments by lead investor Global Brain, Mizuho Capital and DBJ Capital. Trillium designs and provides custom, multi-layer adaptive cyber-security systems, focused in the near-term on automotive needs – but applicable to the entire IoT spectrum. “With funding now in place, we are set to move quickly to market with a robust and urgently needed solution,” said David Uze, Trillium’s CEO. “Hundreds…

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 that its financial IC card chips shipment has more than doubled in 2016, up to about 200 million, including chips for bank IC cards, as well as social security and health cards with financial payment function. Compared with traditional magnetic cards, financial IC cards featuring an embedded chip for data storage deliver such features as high security, large memory and versatility, which will gradually replace traditional magnetic cards. Now, the People’s…

Profit and Total Comprehensive Income Attributable to Owners of the Company Expected to increase no less than 75% HONG KONG — China Art Financial Holdings Limited (“China Art Financial” or the “Company”, together with its subsidiaries, the “Group”, stock code: 1572.HK), the leading art finance service provider in China is pleased to announce that, the Group expects to record an increase by not less than 75% in its profit and total comprehensive income attributable to owners of the Company for the year ended 31 December 2016. The significant increase was primarily attributable to significant increase in revenue from art auction business…

CENGKARENG, INDONESIA — National flag carrier Garuda Indonesia plans to launch direct flights from Jakarta to Moscow in August 2017. Operated by Airbus A330-200, this route will be served 3 times a week. The plan was announced by the CEO & President of Garuda Indonesia M. Arif Wibowo in Jakarta, Tuesday (14/2), at a meeting with Russian Ambassador to Indonesia Mikhail Yurievich Galuzyn and Indonesian Ambassador to Russia Wahid Supriyadi. The meeting, which took place at Garuda Indonesia Office, Jakarta, specifically addressed the new direct flight route from Jakarta to Moscow in the form of memorandum of understanding (MoU). The MoU…

HONG KONG — The board of directors of FDG Electric Vehicles Limited (“FDG”, stock code: 729.HK) (the “Company”, and together with its subsidiaries, the “Group”) is pleased to announce that Mr. Tong Zhiyuan (“Mr. Tong”) has been appointed as the Chief Operating Officer of the Group and an executive director of the Company with effect from 15 February 2017. As the Chief Operating Officer of the Group, Mr. Tong acts as the head of electric vehicle division of the Group which includes the Hangzhou, Kunming and Guizhou production facilities, responsible for its daily operation and management, research and development, manufacture, distribution,…