Author: Marie Jones

Motul set to be official supplier for all race teams at the resurgent endurance classic in Malaysia Wide spectrum of fan and customer engagement activities planned throughout the race weekend Support for Sepang 12 Hours highlights Motul’s push for greater awareness and commitment for Asia motorsport scene Motul has announced that it would unveil a wide range of events, targeted at its customers and race fans, during the Sepang 12 Hours endurance race. The announcement is part of Motul’s wider involvement in the resurgent race as the official lubricant supplier for teams across all race categories. Asia’s best drivers and…

Focuses on Technology and Innovation Education and Digital Entertainment to Be Dual Growth Engines Bradaverse Education (Int’l) Investments Group Limited (Bradaverse Education or the Company, together with its subsidiaries, collectively referred to as the Group; HKG: 1082) is the new name of formerly Hong Kong Education (Int’l) Investments Limited, effective from February this year. The new name Bradaverse Education is reflective of the fresh corporate image of the Group, highlighting its aspiration to expand high-tech and innovative education services, as well as actively develop virtual reality (VR) and digital entertainment business, and its metaverse-geared business positioning and strategy. Technological advancement…

Impro Precision (HKG: 1286), one of the world’s top 10 manufacturers of high-precision, high-complexity, mission-critical casting and machined components, reported its 2022 annual financial results. The Company’s sales revenue increased by 15.3% year-on-year to HK$4.355 billion (HK$, same below), which is strong growth in view of last year’s global economic situation. The areospace, medical and energy, and diversified industrial end markets are the two growth drivers of the Company Revenue from the areospace, medical and energy end market grew by 53.6% to $516 million, while revenue from the diversified industrial end market grew by 24.5% to $2.139 billion, which are…

NFT-TiX, the rapidly expanding ticketing and NFT Ticketing marketplace, has entered into a partnership with United Music Events, securing the naming rights for the VIP area at the highly anticipated 2023 Hardmission and Techmission Festival in Prague. The VIP area on both events are designated as the “NFT-TiX VIP Lounge.” This unique lounge promises to provide an exclusive and elevated experience for VIP ticket holders at both festivals. NFT-TiX is thrilled as part of these groundbreaking experiences, which are among the world’s most prestigious and popular music events. “We are thrilled to partner with United Music Events to bring fans…

Prenetics Global Limited (NASDAQ: PRE) (Prenetics or the Company), a leading genomics and precision oncology company, today announced financial results for the fourth quarter and full year ended December 31, 2022. Financial Highlights — Revenue of US$275.8 million in the full year 2022 — Revenue of US$52.3 million in the fourth quarter 2022 — Adjusted EBITDA of US$58.3 million in the full year 2022 — Adjusted EBITDA of US$12.1 million in the fourth quarter 2022 — Cash and other short-term assets of US$242.1 million as of December 31, 2022 Recent Highlights — Embarked on a new business strategy focused on…

Think Equity, LLC (Think Equity) issues research report on Society Pass Inc. (Nasdaq: SOPA) (SoPa), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem. Click Here (on Society Pass website) to view the full Think Equity research report. https://thesocietypass.com/wp-content/uploads/2022/09/ThinkEquity_SocietyPass_Initiation_ResearchReport_26Sep2022.pdf Summary Points: Path to Profitability – Revenues are forecast to grow from $6 million in 2022 to $42 million in 2023. The company is well capitalized, with an estimated cash position of $20 million. Monthly cash burn has declined from an average of $1.2 million for the nine months through September 2022 to $150K by December 2022. The company’s objective…

China Tonghai International Financial Limited (HKG: 0952) announced the appointment of Mr. Christopher Tang to the CEO of its wholly owned subsidiary China Asset Management Limited (Tonghai Asset Management), effective March 1, 2023. Christopher has held various senior private banking roles across different jurisdictions, helping oversee a series of businesses as well as complex transformation projects. Previously, Christopher had previously served as CEO at Crosby Wealth Management, establishing a multi-Family Office business servicing family offices, ultra-high net worth and high net worth clients. Prior to Crosby, Christopher was a Managing Director at BNP Paribas wealth management business. Christopher has joined…

China Tonghai International Financial Limited (HKG: 0952) is pleased to announce that Mr. Ambrose Lam as the Co-Chairman of its wholly owned subsidiary China Tonghai Capital (Holdings) Limited (Tonghai Capital), with effect from January 15, 2023. Ambrose is a fellow member of The Institute of Chartered Accountants in England and Wales and a member of Hong Kong Institute of Certified Public Accountants. He holds a Bachelor of Arts (Honours) degree from University of Newcastle Upon Tyne in England. Ambrose has over 40 years of experience in professional accounting, merchant banking and financial services and has served in senior management roles…

Strong business foundation in Hong Kong Gaining long-term trust and support from banking community Asia Allied Infrastructure Holdings Limited (Asia Allied Infrastructure, AAI, or the Group) (HKG: 0711) is pleased to announce that it has entered into a HK$1.1 billion term loan agreement with 6 banks. Part of the loan will be used to refinance the loan portfolio of the Group, while the rest will be used to support future operations and development. This facility will enhance the Group’s financial flexibility and financing capability, as well as fully reflect the Group’s future business development strength and potential. The 3-year facility…

ADEC Innovations Expands its Blue Economy Solutions into Marine Assurance and Sustainable Aquaculture ADEC Innovations, a recognised global leader in designing and delivering sustainable development solutions that drive organisational value and impact, today announced it has completed its acquisition of Kedge Proprietary Limited (Kedge) and Southern Ocean Carbon Company (SOCC). Kedge and SOCC are recognized Blue Economy leaders within Australasia and Oceania for vessel, mooring, aquaculture, marine systems procurement and commissioning, environmental protection, design assurance, and regulatory compliance. These acquisitions further expand ADEC Innovations Environmental, Social, and Governance (ESG) expertise into the Blue Economy which focuses on balancing the health…

Four-day exhibition brings together over 700 exhibitors to explore business opportunities The HKTDC Hong Kong International Film and TV Market (FILMART) and EntertainmentPulse opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). From 13 to 16 March, over 700 exhibitors will showcase films and TV shows to global buyers and build connections. Comprising eight exciting events, including FILMART and EntertainmentPulse, the Entertainment Expo launch ceremony was officiated by Mr KK Chan, the Chief Secretary for Administration of the Government of the Hong Kong Special Administrative Region, Mr Raistlin Lau, Acting Secretary for Culture, Sports and Tourism of the…

China Tonghai International Financial Limited (HKG: 0952) is pleased to announce that its wholly owned subsidiary China Tonghai Securities Limited (Tonghai Securities or the Company) is now one of the first full-fledged brokerage firms in Hong Kong to provide virtual asset (VA) dealing and advisory services to the professional investors. Tonghai Securities has been licensed by the Securities and Futures Commission (SFC) to conduct Type 1 (dealing in securities), Type 4 (advising on securities) and Type 9 (asset management) regulated activities. Pursuant to the regulatory approach outlined in “SFC-HKMA Joint Circular on Intermediaries’ Virtual Asset-related Activities”, the Company has successfully…

Powered by CSIRT.ID, strategic partner Cyber Security Council and in association with APTIKNAS; World Cyber Security Summit, a thought-leadership-driven, business-focused initiative that provides a platform for CISOs & IT leaders is all set to be hosted in Jakarta, Indonesia on 14-15 March 2023, at JW Marriott Jakarta. This two-day event brings together leaders in the field of cyber security from around the world to discuss the current challenges and future trends in the sector in what will be an elite gathering of the most influential cyber leaders and top technology businesses. The constant evolution of cyber security attacks has made…

Nissin Foods Company Limited (Nissin Foods, and together with its subsidiaries, the Group; HKG: 1475) will become a new eligible stock for trading under the Shanghai-Hong Kong Stock Connect, effective today, 13 March 2023, in accordance with the latest expansion of the scope of eligible stocks under the Stock Connect scheme as announced by the Shanghai Stock Exchange. The Shanghai-Hong Kong Stock Connect was officially launched in 2014 with the aim of establishing mutual stock market access between Mainland China and Hong Kong. The stock connect allows qualified investors in Mainland China to access eligible Hong Kong shares (Southbound) as…

BREATHE! Convention has announced today that its “Center of the Universe Mainstage” sponsor Hive has established the Hive Village as part of its commitment to the projects involved in the Hive blockchain ecosystem. Hive secured this Village by leveraging community funding to purchase individual exhibit spaces at BREATHE!, which allowed the ecosystem to give multiple projects exhibiting space directly on the Web3 convention’s show floor at the Las Vegas Convention Center. “At the heart of Web3 is the ability for everyone to move and engage freely while in control of their financial and social data, and the Hive blockchain was…

Takes operational efficiency and cost optimization to new heights CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (HKG: 1883), is creating new benchmarks for operational efficiency and cost optimization with its Intelligent Operation Suite. It leverages Artificial Intelligence (AI), Machine Learning (ML), Augmented Reality (AR), Big Data and Blockchain technologies to create an Intelligence Operation Journey for far-sighted companies, offering a strategic competitive advantage for a sustainable and high-quality business development. CITIC Telecom CPC’s Intelligence Operation Journey integrates the power of algorithms and a full stack of innovative technologies. It seamlessly…

Crypto Oasis will be participating in the upcoming Turkish Arab Financial Forum to be held on March 13, 2023, at the Grand Hyatt Dubai. The event is being organized by Al-Iktissad Wal-Aamal Group in collaboration with the Ministry of Treasury and Finance of Türkiye and the Republic of Türkiye Investment Office and Unlock Blockchain. The forum aims to bring together high-level participants from Turkiye and the Arab world, including senior government officials, investors, VCs, asset managers, private equity firms, Fintech leaders, finance and investment leaders, investment bankers, and representatives of major regional and international financial institutions. The event will focus…

100% Distribution to Unitholders for 17 Years in a Row 2022 Annualized Distribution Yield at 6.63% Yuexiu Real Estate Investment Trust (Yuexiu REIT or the REIT; HKG: 0405) announced today its 2022 annual results for the year ended 31 December 2022. 2022 Annual Results Highlights: Overall operation remained stable, with 100% distribution rate for the 17th consecutive year: — Revenue for 2022 was RMB1,873 million, representing a 4.2% growth over last year. — Declared final distribution of approximately RMB0.0399 per unit, equals to approximately HK$0.0453. Distribution per Unit for the Reporting Year is approximately RMB0.1133, equal to approximately HK$0.1306. Distribution…

The Government Blockchain Association (GBA) announces that D. R. Maurice, speaking in her personal capacity will be a keynote speaker at the “Future of Money, Governance, and the Law” (https://gbaglobal.org/FoMGL/) conference on May 24-25, 2023, in the nation’s capital. The conference brings together government officials, industry leaders like Circle (CRCL) and Ciphertrace, a Mastercard company (MA), academia and many others. “D R Maurice is a leading expert in regulatory technology, sandboxes, and CBDC digitalization. She has an extensive track record with central bank governance around the world and joins an impressive lineup of leading authorities from government and the private…

Resilience & Relevance, Growth Ready Essex Bio-Technology Ltd (Essex or the Group, HKG: 1061) today announced the annual results for the year ended 31 December 2022. Financial Performance During the year under review, the financial results of the Group, have been negatively impacted and ongoing clinical trial programmes have been delayed due to disruptions resulted from sporadic emergence and persistent spread of COVID-19 and the ensuing lockdowns instituted under the “zero-COVID policy” in the PRC. As of the date of the results announcement, the clinical operations of hospitals and outpatient clinics progressively resumed to normalcy. For the year ended 31…