Author: Marie Jones

New company name is METALOR TANAKA Electrical Materials (Suzhou) Ltd. TOKYO, Feb 28, 2023 – (JCN Newswire) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), one of the core companies of the Tanaka Precious Metals group based in Japan, announced today that it acquired all shares of Metalor Electrotechnics (Suzhou) Ltd. (hereafter, “Metalor Suzhou”) held by its group company Metalor Technologies International SA (hereafter, “Metalor”) on April 1, 2023. Metalor Suzhou is Metalor’s subsidiary in China, and this acquisition of shares makes Metalor Suzhou a wholly-owned subsidiary of TANAKA Kikinzoku Kogyo. The subsidiary has…

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Following the success of Verve Management’s first summit within the digital banking space, the 2nd Annual Future Banks Summit MENA 2023 taking place on March 7-8, in Dubai, UAE will highlight the magnitude of the role digitalization plays in reshaping the future of banking. The pandemic has forced digital acceleration at a massive scale, leading banks to look into institution-wide transformation, while reimagining the industry as a whole. This initiative holds one clear motive – to allow pioneers within the industry to recognize this transformational shift in banking, and work collectively to paint a clearer picture of this landscape, in…

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CleverTap, the modern integrated retention cloud, released its Industry Benchmark Report for Fintech Apps 2022. As fintech apps continue to grow more popular, the number of players vying for market share has increased. This has subsequently reduced customer retention and “stickiness” for any one brand. Therefore, today more than ever, it is crucial that fintech companies find ways to drive customer “stickiness” by engaging users in effective ways that eventually drive transactions and fuel growth. The report reflects data collected from Asia-Pacific, Europe, India, Latin America, Middle-East, and North America. The report gives marketers a truly holistic view of key…

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Manufacturing of precast concrete and IBS building materials continue to be profitable Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) today announced that the Group’s revenue increased by 2.6% to RM66.3 million for the six months ended 31 December 2022 (1H FY2023) compared with RM64.6 million registered in the corresponding period of the previous financial year (1H FY2022). The Company recorded a narrower loss before tax (LBT) of RM3.7 million in 1H FY2023 compared with LBT of RM4.0 million in 1H FY2022. For the second quarter ended 31 December 2022 (2Q FY2023), the Company’s revenue decreased 5.6% to RM36.0 million…

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Asia’s highly established REITs and real estate securitization event, REITs Asia Pacific 2023 is back again for the 8th edition. The prior REITs Asia Pacific conferences were trailblazers and were instrumental in developing investor interest in the Singapore REIT market. Next year, the event will continue to play host to the Asia Pacific REIT industry recognition event – The Asia Pacific “Best of the Breeds REITS Awards” 2023. Investors today face concerns over rising inflation and higher interest rates. This is in stark contrast to the past few decades of low interest rates. Nevertheless, there are still attractive opportunities in…

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The GSMA Open Gateway initiative will provide federated access to global network capabilities for developers The GSMA today announces a new industry-wide initiative called GSMA Open Gateway, a framework of universal network Application Programmable Interfaces (APIs), designed to provide universal access to operator networks for developers. Launched with the support of 21 mobile network operators, the move represents a paradigm shift in the way the telecoms industry designs and delivers services in an API economy world. GSMA Open Gateway has already started to harmonise the industry around open APIs, with many demonstrations available to see at MWC Barcelona 2023. These…

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Group collaborates with KLCFC to enhance football players’ performance through genetic screening for peak athletic performance Malaysian Genomics Resource Centre Berhad, a leading genomics and biopharmaceutical specialist, is collaborating with KL City FC Sdn Bhd (KLCFC), the manager of the KL City FC football club, on the deployment of the Group’s genetic screening tests for peak athletic performance. The collaboration will see the Group conducting analyses of players’ DNA and providing consultations to players and coaching staff on the genetic results in relation to practical opportunities to improve sports physiology, nutrition, strength and conditioning, injury prevention, and recovery. KLCFC will…

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Fight Zone, a born-in-Singapore fitness brand has opened its first franchised outlet at Suntec City. The official opening was attended by more than 50 members of the public and current Fight Zone members on 25 February on a bust Saturday afternoon. Located in the heart of Singapore’s business district, the Fight Zone Performance Centre outlet is the first to focus on physical transformation of clients and muaythai, moving away from just providing high-intensity training. The Fight Zone Performance Centre at Suntec City is the first of six franchised Fight Zone fitness centres which will open in 2023, as the fitness…

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World Blockchain Summit (WBS), the world’s longest running series of blockchain events is coming back to Dubai for its 24th edition on March 20-21 at Atlantis the Palm, under the endorsement of HH Sheikh Juma Ahmed Juma Al Maktoum, member of the ruling family of Dubai. The summit hosted with the support of Strategic Partner, Elite Partner Investments, is themed Fostering the future of Web3.0, and boasts one of the most stellar line-ups of industry heavyweights including: – Sandeep Nailwal, Co-Founder, Polygon – Sunny Lu, Co-Founder & CEO, Vechain – Helen Hai, Executive VP, Binance and Head of Binance Charity…

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The operator of one of the largest digital freight platforms in China, Logory Logistics Technology Co., Ltd. (Logory; HKG: 2482), announces details of its Global Offering and listing of H Shares on the Main Board of The Stock Exchange of Hong Kong Limited (HKEx). Highlights of the Global Offering: Number of Offer Shares under the Global Offering: 43,211,000 H Shares (subject to the Over-allotment Option); Number of Hong Kong Offer Shares: 4,322,000 H Shares (subject to adjustment); Number of International Offer Shares: 38,889,000 H Shares (subject to adjustment and the Over-allotment Option); Offer Price Range: HK$2.9 to HK$3.5 per H…

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London-headquartered multinational real estate agency Downtown International has entered into a joint venture (JV) partnership with Singapore-based RHT AlDigi Financial Holdings, a member of ONERHT, as part of its expansion into Asia. Downtown International is an award winning multinational real estate agency offering an extensive range of brokerage services for residential and commercial properties in downtown areas of major cities across the globe. With over 1000 agents and 150,000 real estate investors on its books, it has become a market leader in its field since its founding in 2011. The JV partnership adds significant value and synergies to ONERHT’s ecosystem…

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Company teams up with Ocean Exchange to develop Malaysia East Coast International Supply Chain Intelligent Park and Digital Financial Comprehensive Platform Project PT Resources Holdings Berhad, a processor and trader of frozen seafood products, and trader of other food products, is pleased to announce that the Company has signed a memorandum of understanding (MoU) with Ocean Exchange (Fujian) Foreign Trade Services Co. Ltd to establish cooperation between the two parties for the joint development of the Malaysia East Coast International Supply Chain Intelligent Park, which is inspired by the Marche International Cold Logistics and Cross-border E-commerce Project (Fuzhou Park) located…

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Tianjin Port Group (the controlling shareholder holding 53.5% equity of Tianjin Port Development) , Tianjin Port Development Holdings Co., Ltd. (Tianjin Port Development , HKG: 3382), and its listed subsidiary company Tianjin Port Holdings Co., Ltd. (Tianjin Port Co, Shanghai Stock code: 600717) (Tianjin Port Development and Tianjin Port Co collectively referred to as the Group) were in Singapore and Hong Kong between February 15th and 22nd, to visit and carry out a series of promotion and exchange activities with customers and business partners to explore cooperation and development opportunities, to the end of hastening construction of Port of Tianjin…

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Sydney-based men’s underwear and swimwear brand, AussieBum, has announced its upcoming event in support of WorldPride, scheduled to take place at The Ark, a private and exclusive tennis centre located in Sydney’s Haberfield on Friday, 3 March 2023. Fun and Inclusivity: AussieBum’s WorldPride Event The event, which takes place the day before the Sissy Ball, invites everyone to a fun-filled occasion that promises to be an unforgettable experience. The party is focused on promoting equality, inclusivity, and fun. Attendees will have the opportunity to engage in a range of activities, such as a uniquely named spectacle named the “double slip…

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Emerging Hong Kong designers explore ‘The Origin of Life’ Organised by the Hong Kong Trade Development Council (HKTDC), The 39th HKTDC Hong Kong International Jewellery Show and 9th HKTDC Hong Kong International Diamond, Gem & Pearl Show, will be held from 1 to 5 March at the Hong Kong Convention and Exhibition Centre. As a curtain-raiser for the twin jewellery shows, the 24th Hong Kong Jewellery Design Competition was announced at the press conference (16 Feb). The competition was jointly organised by the HKTDC, the Hong Kong Jewellers’ & Goldsmiths’ Association, the Hong Kong Jewellery & Jade Manufacturers Association, the…

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Overall operating environment continued to be impacted by the sluggish global economy and the severe fifth wave of COVID-19 in the first quarter Langham Place Mall’s sales outperformed overall Hong Kong retail market Three Garden Road achieved BEAM Plus Platinum with Hong Kong’s highest score Champion Real Estate Investment Trust (HKG: 2778), the owner of Three Garden Road and Langham Place, announces its financial results for year ended 31 December 2022. Overview The local market sentiment gradually improved as COVID-19 moderated throughout the year. Nevertheless, the global economy in 2022 was marked by rising interest rates and inflation which dampened…

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Group reports lower revenue for 2Q on switch to immunotherapy and cell therapies from vaccines Malaysian Genomics Resource Centre Berhad, a leading genomics and biopharmaceutical specialist, today announced that the Group recorded a revenue of RM1.64 million for the second quarter ended 31 December 2022 (2Q 2023). This amount is down from RM7.63 million in 2Q 2022, as the Group moved its focus from vaccines to biopharmaceuticals. For the quarter under review, the Group recorded a loss before tax (LBT) of RM1.27 million compared with a profit before tax (PBT) of RM1.01 million in 2Q 2022, mainly due to business…

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Strengthening Gastrointestinal Endotherapy Offerings Through Bringing Together Talent and Technology Olympus Corporation (Olympus), a global medtech company committed to making people’s lives healthier, safer and more fulfilling, has agreed to acquire Taewoong Medical Co., Ltd, (Taewoong Medical), a Korea-based manufacturer of medical devices such as gastrointestinal (GI) metallic stents[1] to strengthen its GI endotheraphy product portfolio capabilities, and in turn, contributing to improving patient outcome through comprehensive solutions. Taewoong will receive approximately $370 million in cash, of which $255.5 million will be paid at the closing and up to $114.5 million will be paid if future milestones is achieved. The…

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Group joins MAHSA University and Kensana Health to develop phytopharmaceutical and biotechnology products for commercialisation Malaysian Genomics Resource Centre Berhad, a leading genomics and biopharmaceutical specialist, today announced that the Group has entered into a strategic collaboration with Kensana Health Canada and MAHSA University for the research and development (R&D) of phytopharmaceutical and biotechnology products that can lead to commercialisation. Kensana Health Canada is a biotechnology specialist focused on the R&D of cannabinoid treatments and management of wounds partnered with a German multinational phytopharmaceutical company. MAHSA University is a private Malaysian university focused on allied health sciences with a 48-acre…

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Trintech, a leading global provider of cloud-based financial close solutions, today announced that its Cadency V10.3 for SAP ERP solution has achieved SAP-certified integration with the SAP NetWeaver(R) technology platform. Bi-directional in nature, Cadency reduces the cost, time, and risk of data integration with SAP, by automatically retrieving the data required for the reconciliation and close processes, as well as directly validating and posting journal entries in real-time. “We are thrilled to announce the renewed certification of our Cadency V10.3 for SAP ERP as integrated with SAP NetWeaver,” said Michael Ross, Chief Product and Technology Officer at Trintech. “This integration…

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