Author: Marie Jones

(Supersedes Press Release Issued 28 November 2022 at 08.46 am; to be read in Conjunction with SGXNet Announced today) Current board of directors remains unchanged as resolutions purported to be carried at electronic meeting on 25 November to replace 5 directors are invalid Company did not receive by 12 noon today key information and documentation – including executed proxy forms, attendees and organisers of the purported meeting – requested from lawyers of the requisitioners Requisitioners are denying directors the opportunity to properly assess the conduct and processes of the meeting while sowing confusion about their ‘success’ through media releases Company…

BC Driving Growth with Diversification and Synergistic Approach Boutique Corporation PCL (SET: BC) President and Group CEO, Mr. Prabsharan Singh Thakral provided an admirable interview regarding his business strategy after Covid-19, diversification and embracing digital technology is the strategic approach for Boutique Corporation to remain resilient. 1. Against a challenging business environment significantly impacted by the Covid-19 pandemic, what’s your view toward the Thai hospitality and commercial industry this year and in 2023? The COVID-19 pandemic has been one of the major challenges for Thailand’s beauty industry and our company. We must refine our strategies and business plans to cope…

MxHub, Dubai’s newest Innovation Center and Incubator has announced the launch of MX100, a multimedia metaverse event scheduled for December 20, 2022 next to the Burj Khalifa in Dubai UAE. The event is geared to deliver the latest in innovative startups from throughout the region amidst a backdrop of the latest metaverse centric technologies. “In our effort to bring the latest technological breakthroughs of the Metaverse to the UAE, we are planning this showcase event via a multimedia delivery that we believe is transforming the way events are produced, delivered and engaged with,” stated Edward Musinski, Executive Director of MxHub.…

Society Pass Inc (Nasdaq: SOPA) integrates with Stripe Inc (“Stripe”) payments platform to power transaction settlement services for merchants and consumers on SoPa’s ecosystem Leveraging the cutting-edge technological solutions from Stripe, SoPa simplifies payment flows and provides superior shopping experience to consumers. Society Pass Incorporated (SoPa) (Nasdaq: SOPA), Southeast Asia’s leading data-driven loyalty, fintech and e-commerce ecosystem, today announces the integration of Stripe’s financial infrastructure solutions onto the SoPa platform to power transaction settlement services for merchants and customers on SoPa’s ecosystem. Leveraging Stripe’s cutting-edge technology solutions, Society Pass expands the product and geographical reach of its ecosystem, simplifies payment…

Steps Up Efforts in Three Business Segments Achieves Leapfrog Development Tianda Pharmaceuticals Limited (Tianda Pharma or the Group; HKG: 0455) today announced its interim results for the six months ended 30 September 2022 (the Period). During the Period, the Group adopted proactive marketing strategy and improved its results notably. Its revenue increased by 5.6% to approximately HK$250 million. Gross profit rose by 10.2% to approximately HK$120 million and profit before taxation, depreciation and amortization turned around from loss of HK$6.9 million in the same period last year to profit of HK$2.3 million for the period. Recorded strong sales of core…

Net Profit Increases 116% to HK$21.6 Million Declares Interim Dividend of HK0.5 Cent Per Share Resilient Performance as Growth Momentum is Set to Continue JBM (Healthcare) Limited (JBM Healthcare or the Group; HKG: 2161), a leading branded healthcare products marketer and distributor in Hong Kong, has announced today the interim results of the Group for the six months ended 30 September 2022 (the Reporting Period). KEY HIGHLIGHTS Period-on-period revenue up by 25%, totaled HK$236.8 million Profit attributable to equity shareholders increased by 116%, amounting to HK$21.6 million The Board declares an interim dividend of HK0.5 cent per share Proprietary Chinese…

Tat Hong Equipment Service Co., Ltd. (Tat Hong or the Company, together with its subsidiaries, the Group) (HKG: 2153), the first foreign-owned tower crane service provider established in the PRC, has announced its interim results for the six months ended 30 September 2022 (the Period). During the Period, the Group recorded revenue of approximately RMB 387.4 million, representing a decrease of approximately 6.8% as compared with that for the six months ended 30 September 2021. Loss attributable to equity shareholders of the Company for the period amounted to approximately RMB 41.9 million, mainly due to the one-off currency exchange loss…

Profit Attributable to Shareholders Increases by Over 70% Declares Interim Dividend of HK2.8 Cents Per Share Solid Growth Momentum Bolstered by Healthcare Demand Jacobson Pharma Corporation Limited (Jacobson Pharma or the Company; HKG: 2633), a leading company engaged in the research, development, production, marketing and sale of essential medicines, specialty drugs and branded healthcare products, today announced the interim results of the Company and its subsidiaries (collectively the Group) for the six months ended 30 September 2022 (the Reporting Period). KEY HIGHLIGHTS — Revenue grew by 8.9% period-on-period, totaled HK$817.4 million — Profit for the period up by 77.8%, amounted…

After successful 14 editions of Digital Transformation Summit, Exito is all set to host another milestone event – which serves as an ideal platform to enhance insights on Transitioning towards a Digital Economy. While digital transformation is no longer an option but a necessity for organizations, business leaders now have new expectations from their transformation initiatives and with that, a new range of challenges to overcome. Competencies around speed, agility, customer experience and culture-shift are top priorities, as businesses plan for long-term sustained growth. The Digital Transformation Summit will gather 150+ business and digital leaders, posing important questions, seeking critical answers and fostering valuable business associations.…

Company to instal underground cable in Nusajaya, Johor Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that the Company’s wholly-owned subsidiary, Kejuruteraan Bintai Kindenko Sdn Bhd (KBK), has been awarded a project worth RM39.0 million for the installation of a 132kV underground cable double circuit from Tenaga Nasional Berhad (TNB). The project’s scope of work involves installing a new 132kV XLPE cable system from the PMU Financial Centre to the GDS Data Centre Substation located in Nusajaya, Johor. The new XLPE cable comprises two circuits, and three phases, with…

Strategically Adds Two Restaurants in Zhongshan City while Striving to Expand the Business Territory in the Greater Bay Area China Wantian Holdings Limited (China Wantian Holdings; together with its subsidiaries, the Group; HKG: 01854) is pleased to announce that Great Point Limited (Great Point), the Group’s direct wholly-owned subsidiary, has completed acquisition of Champion Point Limited (Champion Point)’s subsidiary Shenzhen Wealth Source Trading Development Company Limited* (Shenzhen Wealth Source, together with Champion Point, the Target Group), which is a domestic fresh food supply chain service provider in the PRC. It marks the Group’s expansion of its fresh food ingredient business…

5 new Board Directors were appointed to replace 5 incumbent Board Directors of Kitchen Culture Ltd Over 173.6 million shares held by shareholders were cast at the EGM, and all resolutions passed with 100% of eligible votes cast at the EGM EGM was held electronically[1], and voting was overseen by an authorized polling agent and scrutineer who verified the results EGM as requisitioned by Shareholders met all requirements of the Company’s Constitution, the Companies Act 1967[2], and SGX-ST Catalist rules; conducted in a fair, legal and proper manner The Relevant Shareholders[3] of Kitchen Culture Holdings Ltd. (Kitchen Culture, the Company…

The 10th Global Forum on blockchain, cryptocurrencies and mining Blockchain Life 2023 takes place on February 27 – 28 in Dubai. Having started in 2017, the forum quickly became one of the TOP-3 events worldwide in the cryptocurrency industry. The forum is attended by key industry players, government representatives, heads of international companies and funds, investors, promising startups teams and beginners. What to expect? – Networking with 4000 attendees from all around the world and meeting business executives from top companies in the industry – Exhibition area with 100 booths of digital companies – Speeches by world-leading experts in the…

The Hong Kong Institute of Directors (HKIoD) has announced the winners of the Directors Of The Year Awards (DYA) 2022. As the flagship project of HKIoD, DYA is one of the most prestigious business accolades in Hong Kong and the first of its kind in Asia. It seeks to recognise outstanding boards and directors, publicise the significance of good corporate governance and promote good corporate governance and director professionalism. The Awards were presented during the Silver Jubilee Dinner that celebrates the 25th Anniversary of both HKSAR and HKIoD, both having operated since 1 July 1997. This year’s theme of work…

Initiative to help smaller businesses improve user engagement and conversion rates at affordable costs CleverTap, the modern, integrated retention cloud today announced the launch of CleverTap for Startups (C4S). Through this initiative, CleverTap will offer a full stack retention platform to all budding digital-native brands, in order to help them personalize and optimize all customer touchpoints, improving user engagement and conversion. Till date, thousands of large digital-native brands have benefited from CleverTap’s platform which has solved their needs at scale, speed, and security. The aim now is to make solutions even more affordable for pre-launch, early-stage startups, or companies with…

Austral Gold Limited (“Austral”) (ASX: AGD) (TSXV: AGLD) is pleased to announce that it has entered into a Share Sale Agreement (the “Agreement”) with E2 Metals Limited (“E2”) (ASX: E2M) and Austral Gold Canada Limited (“Austral Canada”), a Canadian subsidiary of Austral, pursuant to which Austral Canada has agreed to sell 100% of the common shares of SCRN Properties Limited (“SCRN”) to E2 (the “Transaction”) for total consideration of US$~10 million. SCRN’s main asset is the polymetallic Pinguino Project, located in the Deseado Massif in the Santa Cruz Province of Argentina (please refer to About Pinguino). SCRN is a wholly…

Company’s loss before tax continues to narrow on higher revenue contribution from civil engineering and manufacturing divisions Civil engineering specialist and bituminous products manufacturer Minetech Resources Berhad today reported that the Company recorded a 31.9% rise in revenue to RM26.9 million for the second quarter ended 30 September 2022 (2Q FY2023) compared with RM20.4 million in the corresponding quarter of the last financial year (2Q FY2022). The Company registered a loss before tax (LBT) of RM1.5 million for the quarter under review compared with LBT of RM4.7 million in 2Q FY2022. On a segmental basis, the civil engineering division recorded…

Company assessing risks and opportunities to grow as an investment conglomerate Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, today announced that the Company registered a 136.6% increase in revenue to RM40.56 million for the second quarter ended 30 September 2022 (2Q FY2023) compared with RM17.14 million in 2Q FY2022 mainly due to higher contribution from M&E projects recovering from the negative impact of the COVID-19 pandemic. For the quarter under review, the Company’s profit before tax (PBT) recorded a decline to RM193,000 compared with RM244,000 in 2Q FY2022 mainly due to higher…

Welcoming our community for the 2022 Football Season Subang Parade, a flagship property owned by Hektar REIT, is pleased to announce the kick-off of the 2022 Football Fever to celebrate the Football Season this morning. To celebrate the 2022 Football Season, Subang Parade has lined up a host of family-friendly activities at LG, East End Concourse from 26 November to 11 December, which includes Shoot For Glory, Football Juggling Performance, Football Skills Workshop and 3 vs 3 Futsal Contest for children aged 7-12 years. The Media launch event on 24 November was officiated by Subang Jaya State Assemblywoman YB Michelle…

Group seeks investment opportunities to expand reach of products and services Malaysian Genomics Resource Centre Berhad, a leading genomics and biopharmaceutical specialist, today reported a revenue of RM3.81 million for the first quarter ended 30 September 2022 (1Q 2023) versus a revenue of RM9.32 million in 1Q 2022, as the Group refocuses on immunotherapy and cell therapies under the biopharmaceutical business and pushes for organic growth of its genetic screening business. The Group recorded a 254.16% increase in profit before tax (PBT) to RM0.85 million for 1Q 2023, compared with RM0.24 million in the corresponding quarter of the previous financial…