HONG KONG — V1 Group Limited (“V1 Group” or the “Group”; Stock code: 82.HK) is pleased to announce that its direct wholly-owned subsidiary Smart Token Holdings Limited further subscribed for 50,190,323 new ordinary shares of Bank of Asia on 9 January 2017, representing approximately 31.1% of the total number of issued shares of Bank of Asia as enlarged by this subscription, for a subscription price of US$30,800,000 (equivalent to approximately HK$239,008,000). Upon completion of the further subscription, V1 Group will hold a total of 61,290,323 shares (including 11,100,000 shares by the 1st subscription) of Bank of Asia, representing approximately 38.0% of…
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HONG KONG — China Creative Global Holdings Limited (“China Creative Global Holdings” or the “Group”, stock code: 1678) announces the appointment of Dr. Nasa Tsai, a seasoned semiconductor industry veteran to be new Chief Technology Officer (“CTO”) to land the Group as a high tech company. The Group also announces several related launched or to-be-launched high tech plans including acquisition of integrated circuit project to get access to high-tech resources such as professional team, research capabilities, production equipment and factories. The Group appoints new CTO to build technology team. It will upgrade existing product portfolio including electric fireplaces and air purifiers.…
HONG KONG — The HKTDC Hong Kong Toys & Games Fair, HKTDC Hong Kong Baby Products Fair and the Hong Kong International Stationery Fair opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). The four-day fairs will continue through 12 January and gather a total of more than 2,900 exhibitors from all over the world to showcase a wide range of innovative and smart products to global buyers. The Hong Kong Trade Development Council (HKTDC) has organised close to 120 buying missions from 65 countries and regions, with some 9,000 buyers from around the world to visit and source…
HONG KONG — Comba Telecom Systems Holdings Limited (“Comba Telecom” or “the Group,” Hong Kong stock code: 2342), a global leading wireless solutions provider, has announced that during December 2016, Chairman Mr. Tony TL Fok, Vice Chairman and President Mr. Zhang Yue Jun, Group CFO Mr. Ken Chang and Special Assistant to the President Mr. Wu Jiang Cheng from the senior management team visited the Laos People’s Democratic Republic (“Laos”) and met with Mr. Thansamay Kommasith, the Lao Minister of Posts and Telecommunications. Previously, the Group has announced in September 2016 that it would acquire from the Government of Laos a…
TOKYO — JCB International Co., Ltd. (“JCBI”), the international operations subsidiary of JCB Co., Ltd., is pleased to announce a new partnership for JCB merchant acquiring business with Procesos Medios de Pago S.A. (“Procesos”), one of the largest merchant acquirers in the Peruvian market. With this agreement, JCB cards started to be accepted at more than 70,000 Procesos merchants throughout Peru. JCBI has begun building a merchant acceptance network in Peru from 2003 to facilitate card use for the 3 million annual international visitors drawn by Peru’s twelve World Heritage Sites, including the historic sanctuary of Machu Picchu and the lines…
HONG KONG — According to the latest figures on Bloomberg, Kingston Financial (1031) is ranked the 1st as the leading placing agent and underwriter by number of issues in Hong Kong of 2016. The Group is also one of the top three M&A financial advisers in Hong Kong.
HONG KONG — A leading real estate developer of green technological properties – Modern Land (China) Co Ltd (“Modern Land,” the “Company,” together with its subsidiaries, the “Group,” HKSE stock code: 1107.HK) — is pleased to announce that the Group’s unaudited operating statistics for the twelve months ended 31 December 2016. During the Period, contracted sales of the Group increased by 46.79% to approximately RMB16,572.21 million, which significantly exceeded its full year target of RMB15,000 million. This indicates the remarkable competitiveness and operation capability of the Group’s real estate projects. For the twelve months ended 31 December 2016, contracted sales of…
– This year’s Street Light-Up will see the most number of handcrafted lanterns ever made at 5,500 – New tech wall for public to send festive greetings and well-wishes SINGAPORE — The Chinatown Chinese New Year Celebrations 2017 will see the addition of several new youth-oriented programmes to enhance and deepen engagement with the youth and young at heart for this year’s celebrations. This includes YouthEATS @ Temple Street (6-27 Jan), which will be part of the popular Festive Street Bazaar where 12 enterprising entrepreneurs, including youths, will set up shops offering a variety of popular and unique festive eats, and…
Las Vegas, NV — ETRI showcases its latest ICT achievements at the CES 2017, to be held in Las Vegas from January 5 to 8, 2017. Seven technologies in the field of Broadcasting & Media, Hyper-connected & 5G Giga Telecommunications to be introduced such as wireless charging technology for a specific space; technology to acquire and reproduce super-multiview content; and international standards technology for healthcare and connected cars. In partnership with its joint research institutions, ETRI is exhibiting some of its latest research results in a few booths. ABOV Semiconductor will jointly display the WoT (Web of Things) solutions, and Elcomtec…
BANGKOK — In its quest to become a “global” company, SET-listed digital finance firm Group Lease Public Company Limited (“GL”, SET:GL) is embarking on another major expansion program in 2017 that will see its fast-growing model of digital-finance business extending from Asia to Africa and Eastern Europe. The target is to expand its corporate footprint from seven countries in Asia at present to 20 countries worldwide next year. “Our model of digital-finance platform can apply to any countries. That is why we can expand very fast,” GL chairman and chief executive officer Mitsuji Konoshita stated. Having just returned from visiting South…
HONG KONG — The award presentation ceremony of Quamnet Outstanding Enterprise Awards (QOEA) 2016 organized by Quamnet, will take place on Jan 12, 2017 at The American Club Hong Kong. The awarded enterprises would be announced at the ceremony. In addition to recognizing the outstanding performances achieved by the acclaimed enterprises last year, the ceremony would provide opportunity for the enterprises to share their insights in achievements. All sectors of management, notable guests and media are invited to join the ceremony. Marking the 8th anniversary of QOEA Being a leading financial website in Hong Kong, Quamnet not only focuses on the…
HONG KONG — Cigna Worldwide General Insurance Company Limited (“Cigna Hong Kong”) has launched “Cigna HealthSecure Protection Booster”, a new product that offers critical illness protection to customers throughout their every life stages. Taking into account customers’ health protection and financial needs as they age, the sum insured increases by HK$500,000 every five years, up to 400% of the original sum insured depending on the plan level. By joining the plan early in life, customers can enjoy peace of mind and guaranteed protection without further underwriting. According to the Centre for Health Protection of the Department of Health 1, critical…
HONG KONG — A leading real estate developer of green technological properties – Modern Land (China) Co Ltd (“Modern Land,” the “Company,” together with its subsidiaries, the “Group,” HKSE stock code: 1107.HK) — is pleased to announce that on 29 December (New York time), the Company successfully issued additional USD150,000,000 senior notes due 2019, with an interest rate of 6.875% per annum. This initiative is another prominent step after the Company’s green bond issuance in October this year, with an ultimate goal to boost the innovation of green financing and to consolidate the Company’s leadership position in green finance sector. Modern…
Expands Energy-related Business to Drive Growth HONG KONG — Sino Energy International Holdings Group Limited (“Sino Energy” or the “Group,” HKSE stock code: 1096) has signed an agreement to acquire Wealthy Fortress Investment Corporation (“Wealthy Fortress”) through which it will come to own 16% interest in Fujian Xinjie Natural Gas Co., Ltd. (“Fujian Xinjie”), allowing it to expand its energy-related business for driving future growth. Fujian Xinjie, which mainly engages in storage, transportation and sales of natural gas and liquefied petroleum gas, is owned 58% by a subsidiary of Kunlun Energy Company Limited (Stock code: 135.HK), 26% by Fujian Deqing…
Tianjin He Ping Joy City officially opened on 24 December HONG KONG — Joy City Property Limited (“Joy City Property” or the “Company”, Stock Code: 00207) is pleased to announce that Tianjin He Ping Joy City officially opened on 24th December. As the first light asset output project of Joy City Property, He Ping Joy City attracted over 100,000 passenger traffic on the first day with a brand-new concept and generated nearly 10 million RMB in sales from online and offline. A brand new city shopping center in superior location Located in the CBD commercial district of Tianjin Binjiang Road and…
Daejeon, KOREA — ETRI’s broadcasting and media technology has been globally recognized as a leader of related technologies around the world. ETRI is gaining traction in establishing related core technologies as international standards in the industry for UHD, often known as the next-generation television service, which has been expanding its market size. Researchers from ETRI have developed LDM (Layered Division Multiplexing) technology that can simultaneously transmit and receive UHD and mobile HD broadcasting signals through a single channel, and it was selected as a baseline technology for the ATSC 3.0 standard. In addition, ETRI has developed and applied to UHD television,…
HONG KONG — A8 New Media (800.HK) announced that a total of 931,800,000 shares will be issued to the subscriber, Ever Novel Holdings, at the subscription price of HK$0.41 per share. The subscription shares represent approximately 33.68% of the enlarged share capital, and the net proceeds from the subscription will be approximately HK$380.5 million. Ever Novel Holdings is owned by a family trust set up by Mr. LIU Xiaosong, the actual controller of the Company. Upon completion, the aggregate subscription price for the subscription shall be paid by Ever Novel Holdings in cash. A8 New Media is principally engaged in the…
BEIJING — China Enterprise ICT Solutions Limited (China Entercom) announced the signing of a strategic cooperation agreement with Dadi Cinema Group (“Dadi”), a trendsetting company in China’s cinema industry. China Entercom will provide Dadi with a comprehensive network management solution including consultation, design, deployment and operations support. Through optimization and upgrade of Dadi’s network infrastructure, network security, data center and hi-speed network connections, the solution will effectively facilitate the implementation of Dadi’s “Film +” strategy, designed to create an experiential cinema ecosystem that features multi-faceted operation. The revolutionary concept will usher in a new era for the film industry. Innovation Never…
Participants find success through business matching activities HONG KONG — The inaugural HKTDC Lifestyle Expo in New Delhi welcomed more than 2,000 trade buyers during its two-day run on 19 and 20 December 2016, as 120 Hong Kong and mainland companies showcased a range of trendy, high-quality products, reaffirming Hong Kong’s position as Asia’s lifestyle trendsetter and “super-connector” in business. Jointly organised by the Hong Kong Trade Development Council (HKTDC) and the Trade Development Bureau (TDB) of the Ministry of Commerce of the People’s Republic of China, the expo took place at The Lalit New Delhi. Apart from bringing a slice…
HONG KONG — C.banner International Holdings Limited (“C.Banner” or the “Company”, together with its subsidiaries, the “Group”, stock code: 1028), an international integrated retailer and a leading retailer of mid-to-premium women’s formal and leisure footwear in the PRC, announced that the Company launches two women’s footwear brands – the famous “Badgley Mischka” brand and “naturplus” in China. It marks the Group’s pursuit of global branding strategy and horizontal expansion of business through diversification of its brand portfolio, which increases the Group’s market share and consolidates its industry position as an international integrated retailer. “Badgley Mischka” is a well-known American fashion brand.…