Global markets in sight for shariah-compliant IndoVac vaccine brand PT Bio Farma, the holding company for state-owned pharmaceutical companies in Indonesia, announced a new milestone in the manufacturing of IndoVac, a Covid-19 vaccine brand it has developed since November 2021. Honesti Baasyir, the President Director of PT Bio Farma, said the company collaborated with Baylor College of Medicine, a private, independent health sciences centre in Houston, Texas to develop IndoVac, a recombinant protein subunit vaccine produced from yeast. PT Bio Farma has completed Phase 1 and Phase 2 clinical trials and is currently in the Phase 3 stage to produce…
Author: Marie Jones
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Infocus International Group has released the new date of Renewable Energy Project Finance & Financial Modelling online workshop – and it will be commencing live on the 13rd September 2022. In the global marketplace of 2020, both developed and developing economies urgently need to master the key techniques and models for financing the transformation to renewable generation while strengthening the reliability of new energy markets and systems. Today’s renewable energy frameworks and markets feature more innovative incentives to structure and analyse RE financial models to ensure that PF transactions are bankable, and conform to RE generation availability and system reliability…
Prenetics Global Limited (NASDAQ: PRE) (Prenetics or the Company), a global leader in genomic and diagnostic testing, today announced its unaudited financial results for the second quarter ended June 30, 2022. — Revenue of US$51.7 million in the second quarter of 2022 — Loss from operations of US$(17.9) million and adjusted EBITDA(1) of US$6.5 million in the same period — Raises full-year adjusted EBITDA guidance to the range of US$35 million to US$45 million, with corresponding full-year revenue guidance in the range of US$255 million to US$275 million — Strong cash and cash equivalents, short-term financial assets, trade receivables, deposits,…
EC Healthcare (the Company, which together with its subsidiaries is referred to as the Group, HKG: 2138), the largest non-hospital medical group in Hong Kong, is pleased to announce that on 7 September 2022, the Group’s Chairman, Executive Director and Chief Executive Officer Mr. Tang Chi Fai further acquired a total of 170,000 shares of the Company on the open market for approximately HK$854,800 at an average price of HK$5.0282 per share. Prior to this transaction, Mr. Tang had already increased his shareholding in the Company earlier this month on 1 September 2022, acquiring a total of 107,000 shares at…
If your brand is competing on marketplaces in Southeast Asia, this one is for you! To compete effectively in what is dubbed the Southeast Asian marketplace price wars, it is crucial to know your brand’s position in the market, with the key to establishing the right competitive pricing strategy, without sacrificing profit and growth, being to know your competitors’ market prices. EcommerceIQ, the leading e-commerce management platform in Southeast Asia, introduced by the aCommerce team in 2019, is introducing its latest feature, built to give you the competitive advantage you need. Price Intelligence is a new comprehensive price tracking and…
Crypto Valley Association, the Switzerland-based association of blockchain corporates and crypto professionals, has partnered with Crypto Oasis, Dubai to connect the growing blockchain communities in both Switzerland and the Middle East. Sharing several of the same goals for the growth of a thriving global blockchain ecosystem, Crypto Valley Association joins forces with Crypto Oasis to boost the development and adoption of blockchain technology. Ralf Glabischnig, founder of the Crypto Oasis is fully focusing on connecting the Crypto Valley to the Crypto Oasis and growing the wider Inacta Group with Venture Capital and Venture Building structures in the UAE. The goal…
The Accounting & Finance Show Singapore finally returns to Singapore in person this 20-21 September 2022. This is the first in-person edition of the event since 2019, following multiple virtual editions during the pandemic and marks the first time this community has been able to gather at scale in the region. Over 2,000 SME & enterprise finance leaders, accountants in practice, accountants in business and bookkeepers will be in attendance at Singapore’s Suntec Convention & Exhibition Centre to reconnect, discover the latest innovations in finance for business and learn how to run their companies better or more effectively advise their…
Giving a Full Play to the Advantages of Both Parties Advancing GaN Business in New Energy Sector HG Semiconductor Limited (HG Semiconductor, together with its subsidiaries, the Group, HKG: 6908) is pleased to announce that the Group entered into a strategic cooperation framework agreement (the Strategic Cooperation Framework Agreement) on 7 September 2022 with Golden Concord Group Limited (Golden Concord Group), a company ultimately held under a discretionary trust (the Investor Family Trust) with Founder, Chairman and Executive Director of GCL Technology Holdings Limited (GCL, HKG: 3800) Mr. Zhu Gongshan (the Investor or Mr. Zhu) and his family members as…
Fulcrum Global (Hong Kong) Limited (Fulcrum Global or the Group), a premier platform for international property investments, is pleased to announce that the trading name of its wholly owned subsidiary VZ Properties / V Properties UK will be changed to NEXIS Property (NEXIS), effective from 7 September 2022, to coordinate its business expansion from Manchester to Birmingham, London, Hong Kong and Bangkok. The rebranding and business expansion will allow the Group to further diversify its professional services to cope with the rising demand for overseas property investments. NEXIS has been operating in the UK for 10 years, focusing on providing…
TheCapitalNet, Inc., a leading enterprise SaaS and financial technologies company, has been awarded Best Private Markets FinTech Solutions Provider 2022 by Wealth & Finance International. TheCapitalNet was recognized for transforming the private markets and private investments eco-system through technology, while focusing on PE, VC, CVCs, Angel Networks, Family Offices and M&As. Link: www.wealthandfinance-news.com/winners/thecapitalnet-inc/ Wealth & Finance International provides fund managers and institutional and private investors around the world with the latest industry news across both traditional and alternative investment sectors. This recognition reinforces the belief that TheCapitalNet products are putting the best technologies to work while collaborating with stakeholders to enable…
Further Enhance the Group’s Strategic Partnership with Insurance Sector and Enrich ECH’s Healthcare Ecosystem EC Healthcare (the Company, which together with its subsidiaries is referred to as the Group, HKG: 2138), the largest non-hospital medical group in Hong Kong, is pleased to announce that the Group has entered into a non-legally binding memorandum of understanding (the MOU) with AXA Hong Kong & Macau (AXA) for a strategic partnership, pledging to work together to provide premium and comprehensive health management services to customers. Under the partnership, the first AXA Medical Centre was unveiled today on the 34th floor of the World…
Trintech, a leading global provider of cloud-based financial close solutions for the Office of Finance, and Satori FP&A, a leading reseller of solutions that promote finance automation, continuous planning, reporting, modelling and data integration, today announced a strategic partnership to offer an integrated end-to-end solution for the financial and accounting process. This partnership will provide customers with a best-in-class single source of truth of their financial data, accelerating the end-to-end FP&A, consolidation, and accounting close processes in a seamless experience. “This strategic partnership with Trintech connects financial close management to financial planning and analysis, and will help F&A teams shift…
Exquisite and trendy timepieces and fun-filled events draw the interest of industry players and the general public The 41st HKTDC Hong Kong Watch & Clock Fair and 10th Salon de TE, organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Ltd and The Federation of Hong Kong Watch Trades & Industries Ltd, opened today with more than 200 exhibitors taking part. Running under the HKTDC’s brand-new EXHIBITION+ model, which brings together online and offline editions, the physical fairs take place from 7 to 11 September at the Hong Kong Convention and Exhibition Centre (HKCEC), while…
Yeahka Limited (Yeahka or the Company, HKG: 9923), a leading payment-based technology platform in China, increased by 4.45% and closed at HK$17.86 per share. Its share price climbed by about 30% in the past five trading days. Yeahka recently announced its FY2022 interim results. For the six months ended 30 June 2022, the Company’s revenue was RMB1,642 million, representing a year-over-year increase of 17.07%. Gross profit rose 52.05% year-over-year to RMB529 million. The company’s gross payment value (“GPV”) reached RMB1.06 trillion, up 7.4% year-over-year. The gross merchandise value (“GMV”) of its in-store e-commerce services and the number of paying consumers…
BlackBixon2Go Sdn. Bhd. (BB2GO), a subsidiary of Ni Hsin Group Berhad, is delighted to announce the official launch of the first BlackBixon Cafe & Restaurant today in a tastefully designed 3-storey bungalow house with a roof top garden. The tastefully furnished cafe and restaurant with BlackBixon-themed wall graffiti and art pieces, is located along a tree-lined street on Jalan Inai, off Jalan Tun Razak, filled with old bungalows interspersed with offices. The Cafe has a total area of 5,993 sq. ft. occupying two floors and can accommodate up to 200 pax while the roof top garden opens up to a…
ESG reporting, the EFRAG model, and the overall quality of the VRC Value Model Companies and sustainability teams need a new model for measuring and managing stakeholder impacts, as claims of corporate greenwashing and value washing increase daily. The Value Research Center (VRC) at Doshisha University in Kyoto, Japan has announced the publication of its 2022 August White Paper, focusing on the European Financial Reporting Advisory Group (EFRAG’s) latest disclosure drafts for sustainability reporting, and how this model aligns with and deepens the overall quality of the VRC Value Model. According to Professor Philip Sugai, Director of the Value Research…
Avance Clinical, the Australian CRO for biotechs, has expanded into North America with the acquisition of CRO partner company C3 Research Associates, enabling biotech clients a seamless journey from early phase to later phase studies. Avance Clinical has backing from private equity group Riverside Company for their global expansion program. Watch the video here: https://www.avancecro.com/avance-clinical-north-america-operations/ Avance Clinical is the largest and most established full-service Australian and New Zealand CRO with a proven track-record of data acceptance by the FDA and all other major regulatory bodies. The combined Avance Clinical Australia, New Zealand, and North American operations deliver a unique GlobalReady drug…
The Brazilian Export and Investment Promotion Agency (ApexBrasil) held a memorandum of understanding (MoU) signing ceremony with Alibaba Group to deepen their cooperation on cross-border e-commerce platforms during the China International Fair for Trade in Services on September 3, 2022. Under the framework of the MoU, the two parties will expand cooperation and strengthen Brazilian enterprises’ e-commerce, cross-border trade and digitalization, thus accelerating the deepening of digital cross-border trade, and creating more opportunities for Brazilian products to be exported to Asian and global markets through e-commerce. Under the framework of the MoU, the “Made in Brazil” national pavilion will be…
Oculis S.A., (Oculis) a global ophthalmology company developing life-changing treatments to save sight and improve eye care with breakthrough innovations, announces that the Phase 2 DX-211, a randomized, double-blinded, multi-center and vehicle-controlled clinical trial assessing the safety and efficacy of topical OCS-01 in patients with Diabetic Macular Edema (DME) (NCT05343156) has been published by the Acta Ophthalmologica journal. The publication is accessible on the National Institutes of Health (NIH) website here ( https://pubmed.ncbi.nlm.nih.gov/35848336/ ). In addition, a new subgroup analysis of this study was also recently presented by Pr R. Tadayoni at the 22nd EURETINA Congress on 2nd September in Hamburg,…
Crypto Oasis has teamed up with the Theatre of Digital Art (TODA) to launch arte Talks, a first-of-its-kind bi-monthly initiative that will bring Web3 into the mainstream. These series of talks will be based around the innovations, developments and solutions Web3 is bringing to the digital world. There was a massive turnout at the first event, held on August 28th, attracting people who wanted to know more about developments within Web3 and blockchain. Crypto Oasis wants arte, a Web3 Meta-Community initiative, to become a global platform that will foster creativity, entrepreneurship and collaboration across borders, by shining a spotlight on…