– The Liquidity of the H Shares May be Severely Reduced after Delisting on 16 June 2017 – The Latest Time and Date for the Offer Remaining Open for Acceptance is 4:00 p.m. on 26 June 2017 HONG KONG — Shandong Luoxin Pharmaceutical Group Stock Co., Ltd. (“Shandong Luoxin Pharmaceutical” or the “Company”) (stock code: 8058) has announced that the resolution for the proposed withdrawal of listing of the H shares of the Company (“H Shares”) from The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) was passed by way of poll at the extraordinary general meeting and the H…
Author: Marie Jones
– New technology overcomes issues of existing metallic inks and enables low-resistance wire formation using low-temperature process at less than 100 degrees Celsius – Vacuum-less and resist-less direct wire formation on numerous surfaces including PET film and glass achieved TOKYO — Tanaka Holdings Co., Ltd. (head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Akira Tanae) announced today that Electroplating Engineers of Japan, Ltd. (EEJA; plant and office: Hiratsuka City, Kanagawa Prefecture; Representative Director & CEO Muneharu Nakanouchi) used surface treatment chemicals (photosensitive primer used with a colloid catalyst) that it developed to create a new direct patterning plating technology. This technology…
– Global Offering of 200,000,000 shares – Offer price ranges from HK$0.90 to HK$1.00 per share HONG KONG — Risecomm Group Holdings Limited (“Risecomm” or the “Group”, proposed 1679.HK), the third largest PLC technology company in China, today announced details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (“HKSE”). – Investment Highlights – – Possesses core competency in power line communications (PLC) IC design and superior research and development (“R&D”) capabilities in PLC technology, strives to maintain excellence in R&D of PLC technology – One of the largest PLC IC suppliers in China,…
HONG KONG — Quam Capital Limited (“Quam Capital”), together with its Oaklins International Inc. (“Oaklins”) partner firms in the US and Germany, recently completed a transaction involving the merger of one of the world’s leading tunnel boring machine companies, The Robbins Company, with Chinese state-owned enterprise Northern Heavy Industries Group Co., Ltd (“NHI”). At the recent spring conference of Oaklins held in Hong Kong in May 2017, the transaction was voted as the winner of the coveted Oaklins Deal of the Year Award for 2017. Quam Capital’s US Oaklins partner firm was appointed by the owners of The Robbins Company, and…
Expected to be completed by 31 July 2017, acquisitions will bolster capabilities of NSG’s 51%-owned healthcare practice group, Healthsciences International SINGAPORE — New Silkroutes Group Limited (“NSG” or the “Group”) will acquire majority control of eight dental clinics and two dental equipment suppliers in Singapore in a deal worth S$5.28 million, paving the way for it to expand the capabilities of its recently installed healthcare subsidiary, Healthsciences International Pte Ltd (“HSI”). Of the eight clinics, NSG will take a 70% stake in five of them for S$4.20 million. These five clinics – Crescent Dental Clinic, DentalTrendz Clinic, Trendz Dental Surgeons, L’ving…
HONG KONG — FSE Engineering Holdings Limited (“FSE Engineering” or the “Group”) (stock code: 331), a leading one-stop E&M engineering service provider in Hong Kong, has opened its first retail store in Macau dedicated to selling ceramic tiles imported from Europe, providing valued-added services on top of E&M engineering service to Macau enterprises. The Group’s retail store in Macau trade-named “Yau Fai Building Materials” is on G/F, 17 & 17A, Rua do Almirante Costa Cabral. Via a subsidiary, the Group has been distributing Europe-imported ceramic tiles since 1972. Over more than 40 years, it has built up a reputation in the…
TAITRA expands visibility in the ASEAN market for 19 participating Taiwan Excellence Award winning brands including Acer, ASUS, Advantech, Planet, and VIVOTEK SINGAPORE — The Taiwan flag waved proudly at the opening of CommunicAsia 2017 as it showcased 50 Taiwanese technologies and innovations at the Taiwan Excellence Pavilion. This year’s inaugural participation at Asia’s premier sourcing and Information and Communication Technology (ICT) knowledge platform is part of the country’s drive to lend support to Taiwanese companies in achieving regional competitiveness within the ICT sector. According to the Taiwan External Trade Development Council (TAITRA), the initiative is a key component of the…
HONG KONG — VBG International Holdings Limited (Stock code: 8365), one of the leading financial services providers in Hong Kong, commenced dealing on the Growth Enterprise Market (“GEM”) of The Stock Exchange of Hong Kong Limited (“HKSE”) today. Ms. Letty Wan, Chairperson and Executive Director of VBG International, said, “The listing of VBG International on HKSE today marks a memorable milestone for us. We are pleased to see the recognition of the Group’s potential by investors. We believe that the successful listing will not only enhance the capital base of VBG International, but also provide a good platform to strengthen our…
HONG KONG — One of China’s top 40 real estate enterprises, Yuzhou Properties Company Limited (“Yuzhou Properties” or the “Company”, together with its subsidiaries referred to as the “Group”; stock code: 01628.HK), is pleased to announce that “2017 China Real Estate Listed Companies Evaluation Results Conference and Listed Real Estate Enterprises Summit” was held in Hong Kong. The Summit was organized by China Real Estate Association and China Real Estate Appraisal. Yuzhou Properties once again ranked the 36th in “2017 Best 50 China Real Estate Listed Companies with Strongest Comprehensive Strengths” and the 2nd in “2017 Best 5 China Real Estate…
Moscow, Russia and Tokyo, Japan — JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., announced the signing of a license agreement with Sberbank of Russia, the largest bank in Russia, the Commonwealth of Independent States (CIS) and Central and Eastern Europe. Sberbank agreed to start accepting JCB cards on the Sberbank nationwide POS terminal network in 2018. Sberbank has the largest POS terminal network in the country. JCBI started card issuing business with several local banks in Russia in 2015 and the cardmember base has been expanding. The partnership with Sberbank of Russia will ensure that…
Share Price Fixed at HK$0.68 per share HONG KONG — VBG International Holdings Limited (“VBG International” or “the Company”), one of the leading financial services providers in Hong Kong, today announced its share offering allotment results. The shares offered under the placing were over-subscribed and the public offer also recorded over-subscription by approximately 12 times. The share price has been fixed at HK$0.68 per share. In order to achieve an open market and an adequate spread of Shareholders, the Board has resolved to reallocate all the Offer Shares initially offered under the Placing, namely 115,470,000 Shares, to the Public Offer for…
– Highlighting the value of health insurance through a child’s perspective – Cigna HealthFirst Elite Medical Plan provides solutions and support throughout life’s journey HONG KONG — Cigna has recently launched its 2017 Brand Campaign in Hong Kong to raise brand awareness and reinforce Cigna’s mission of improving people’s health, well-being and sense of security. Themed ‘That’s how health insurance should be’, the campaign challenges common perceptions about what health insurance can deliver and demonstrates how Cigna can provide additional value above and beyond paying medical bills through a child’s perspective. Featuring spontaneous reactions of children when asked what they would…
HONG KONG — The School of Chinese Medicine (SCM) of Hong Kong Baptist University (HKBU) is conducting a space life science study aboard China’s first cargo spacecraft, Tianzhou-1, which was launched last month. HKBU is the only institution of higher education outside the Mainland to conduct scientific research aboard the Tianzhou 1. The HKBU team is studying effects of the CKIP-1 gene on bone formation in the microgravity condition on board the Tianzhou 1 in space. In microgravity, bone loss occurs several times faster than on Earth, posing a serious health threat to astronauts, who therefore cannot stay in space for…
SINGAPORE — CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), is pleased to announce the appointment of Mr. Simon Lim as the General Manager, Enterprise Sales for Singapore. Mr. Lim will be responsible for developing our sales strategies and operations for Enterprises customers and Key accounts channels as well as our diversification strategy, in the South Asia area. “Simon has proven inspirational leadership and extensive experience in sales and business development across various industry sectors. With his deep knowledge of the ICT Market in Singapore, we are confident that he…
Online Games Continue to Expand while Cloud Services Achieve Rapid Growth HONG KONG — Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its unaudited quarterly results for the three months ended 31 March 2017. During the period under review, the revenue of Kingsoft increased 82% year-over-year to RMB1,213.4 million. Revenue from the online games, cloud services, and office software and services and others represented 67%, 22% and 11%, respectively, of total revenue. Gross profit increased by 48% year-over-year to RMB703.9 million. Operating profit increased 141% year-over-year to RMB265.2…
Continuing strategic acquisitions and taking internationalisation one step further 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, engaging in the production and distribution of all dairy products (including infant formula) and nutrition products, is pleased to announce that on 23rd May 2017 (before trading hours), Ausnutrition Care Pty Ltd. (“Ausnutrition Care”), an indirect wholly-owned subsidiary of the Company, and ADP Group Ltd. entered into the Australian Dairy Park Pty Ltd (“ADP”) SPD,…
HONG KONG — At 24 March 2017, the Big Data Report of Trade Cooperation under the Belt and Road Initiative 2017 released. According to the figures, It was reported that the total trade volume between China and the along countries in 2016 about 953.59 billion US dollars, around 25.7% of the total trade volume of China. The export from China to the along countries increased steadily since 2011. In 2016, the export volume from China to along countries is about 587.48 billion US dollars and reached a high level in the recent years. Among which, Kyrgyzstan, Hungary, Romania, Cambodia and other…
– Nobel Prize nominee Daryl Thompson to lead research, conducted by Global BioLife Inc., supported by Charles River Laboratories – Six month target for validating lab data, twelve month target for completion of platform SINGAPORE — Singapore eDevelopment Ltd (“SeD”), through subsidiary Global BioLife Inc. (“Global BioLife”), has initiated advanced research on a new universal therapeutic drug platform known as Linebacker, to combat a range of diseases including Alzheimer’s, diabetes and cancer. The research will be led by two-time Nobel Prize nominee Mr Daryl Thompson. SGX-listed SeD (SP:SGE) said Mr Thompson would leverage his expertise in organic and carbohydrate chemistry and…
SYDNEY, AU. — Faecal Microbiota Transplantation (FMT) leader Professor Thomas Borody (MD, PhD) has called for a national faecal bank to fight drug resistant and epidemic diseases in hospitals and clinics across the country. Professor Borody, the Founder and Medical Director of the Centre for Digestive Diseases (CDD) in Sydney was the first in Australia to perform FMT, and he set up the world’s first faecal bank in 1988. Since then CDD has carried out more than 12,000 FMT’s and he has trained physicians from around the world in FMT techniques. Now many countries have their own national FMT banks, including…
Acer, ASUS, Advantech, Planet and VIVOTEK to lead the showcase of technologies and innovation around AI, green energy and smart cities, and IoT SINGAPORE — This year marks the debut participation of the Taiwan Excellence Pavilion at CommunicAsia 2017. Companies like Acer, Advantech, ASUS, Planet and VIVOTEK, and 14 Taiwan Excellence Award winning brands will be showcasing their latest technologies and innovations in the areas of artificial intelligence, green energy and smart cities, and the Internet of Things (IoT) at the upcoming three-day exhibition slated 23-25 May, at the Marina Bay Sands, BQ2-01, B2. According to Taiwan External Trade Development Council…