Author: Marie Jones

Aluminum Corporation of China Limited (Chalco or the Company)(NYSE: ACH; HKEx: 2600; SSE: 601600) today announced that it has notified the New York Stock Exchange (NYSE) on August 12, 2022 (U.S. Eastern Time) of its proposed application for voluntary delisting of its American depositary shares (the ADSs) from the NYSE and deregistration of such ADSs and the underlying overseas listed foreign shares (the H Shares, with a par value of RMB1 each) under the U.S. Securities Exchange Act of 1934, as amended (the Exchange Act). Due to a number of considerations, including the limited trading volume of the ADSs of…

Three Business Segments Maintain Rapid Growth To Deepen Medical Institution Alliances to Drive Growth Yunkang Group Limited (Yunkang or the Group; HKG: 2325), a leading medical operation services provider in China, has announced its first interim results for the six months ended 30 June 2022 (the Reporting Period) since its listing. Driven by favorable government policies promoting healthcare in China, the three business segments of the Group, including Diagnostic Outsourcing Services, Diagnostic Testing Services for Medical Institution Alliances, and Diagnostic Testing Services for Non-Medical Institutions have achieved rapid growth, with total revenue increasing by 81.9 % year-on-year to RMB1,378.7 million.…

Five-day showcase of global delicacies and more for public to enjoy Organised by the Hong Kong Trade Development Council (HKTDC), the HKTDC Food Expo, HKTDC Home Delights Expo, HKTDC Beauty & Wellness Expo, and HKTDC Hong Kong International Tea Fair kicked off today at the Hong Kong Convention and Exhibition Centre (HKCEC). In addition, the International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), organised by the Modernized Chinese Medicine International Association (MCMIA), together with the HKTDC and eight scientific research institutions, runs concurrently on 11 and 12 August. Guest of honour Paul Chan, Financial Secretary of…

Indonesian state-owned oil and gas company PT Pertamina has succeeded in re-establishing itself and made it to the 2022 Fortune Global 500 list, thereby being the only Indonesian company to be included on the list. Pertamina is ranked 223rd on the list, climbing 64 places as compared to the 287th position in 2021, according to a release issued by the company on Wednesday. In 2022, the Fortune Global 500 list places 30 world oil and gas companies in the Petroleum Refining category. Pertamina was ranked 21st, which is above Japanese petroleum company Idemitsu and Spanish multinational energy company Repsol. State-Owned…

Habitat for Humanity’s Terwilliger Center for Innovation in Shelter announced today a US$300,000 equity investment in TapEffect, a Cambodia-based startup which provides clean and affordable tap water to underserved rural and semi-rural communities. The investment also marks the fifth anniversary of Habitat’s Shelter Venture Fund, launched in 2017 to accelerate innovative startups tackling affordable housing challenges worldwide. It is estimated that 110 million people in Southeast Asia lack access to safe drinking water. In Cambodia, one third of the population rely on water from impure sources. TapEffect, founded in 2018, started from the desire to bring safe water to rural…

The 17th global edition of World Cyber Security Summit will be held under the auspices of H.E. Dr Bisher Al-Khasawneh, Prime Minister of the Hashemite Kingdom of Jordan, and supported by the Ministry of Digital Economy and Entrepreneurship, Jordan. The summit is taking place on 15 – 16 August 2022 at The Ritz-Carlton in Amman, Jordan. World Cyber Security Summit is part of a global series and is brought to Jordan by Trescon, a global business events and consulting firm that specialises in hosting future-tech events across the world. As the country braces for a protracted cyber insecurity, government and organisations are looking…

In an effort to mitigate the cybercrime landscape in the Philippines and support The Department of Information and Communications Technology with its efforts, Tradepass hosted the second edition of PhilSec on 12 – 13 July 2022 at the Sofitel Philippine Plaza in Manila, Philippines. The event that was officially supported by Cybercrime Investigation and Coordinating Center (CICC) attracted 600+ cybersecurity experts including the Heads of Information Security, Risk, Compliance, Forensics and Cyber Law from the leading public and private enterprises across the Philippines. Mary Rose E. Magsaysay (C|CISO, Director IV – Cybercrime Planning and Policy, Monitoring and Cooperation Office -…

Pacific Green Technologies, Inc. (the “Company” or “Pacific Green”, (OTCQB:PGTK)) announces that it has successfully completed its first milestone in the process of diversifying and regularizing its income streams. Pacific Green is transitioning from a single technology equipment provider in the marine sector to an asset-driven “build-own-operate” renewable energy and battery energy storage system (“BESS”) development company, led by the financial close in June 2022 of its first 99.98 MW project at Richborough Energy Park, as part of Pacific Green’s 1.1 GW pipeline of BESS developments in the UK. In summary: – Successfully executed transition to renewable energy company with…

CleverTap, a leading global B2B SaaS platform for customer engagement and retention today announced it has signed definitive agreements to raise US$105M in a Series D funding round led by CDPQ, a global investment group who committed US$75M, with participation from IIFL AMC’s Tech Fund, along with existing investors Tiger Global and Sequoia India. The funds will be used to support CleverTap’s global expansion and enhance the development of its world-class solutions and technology. Founded in Mumbai in 2013 and headquartered in Mountain View, California, CleverTap’s customer engagement and retention SaaS platform leverages machine learning and artificial intelligence to offer…

Global leader in cordless Professional Tools, DIY Tools, and Outdoor Power Equipment, Techtronic Industries Co. Ltd. (TTI or the Group) (stock code: 669, ADR symbol: TTNDY) is pleased to announce its results for the six months ended June 30, 2022. The Group delivered strong results for the first half of 2022, outpacing the market and growing sales by 10.0% to US$7.0 billion. In local currency, sales grew 12.1%. Combined with the 2021 first half sales growth of 52%, TTI has increased sales by 67% over this two-year period. Gross margin improved for the 14th consecutive first half expanding 50 bps…

Company’s collaboration agreement signed with PT Raintech opens up vast opportunities in Southeast Asia’s largest economy Mechanical and electrical (M&E) engineering services specialist Bintai Kinden Corporation Berhad’s (Bursa: BINTAI, 6998) sub-subsidiary, Bintai Energy Sdn. Bhd., has entered into a business collaboration agreement with PT Raintech Indo Energi (PTRIE) in which PTRIE has been appointed to market and promote flanges, fittings, pipes and other oil and gas (O&G) equipment on behalf of Bintai Energy in Indonesia. Bintai Kinden owns a 51% stake in Bintai Energy through Kejuruteraan Bintai Kindenko Sdn Bhd, an M&E engineering services specialist. PTRIE provides integrated solutions with…

SoPa acquires first company in Thailand and continues network expansion of its digital ecosystem throughout Southeast Asia (SEA) Thoughtful Media’s social commerce-focused Multi-Platform Network (MPN) in Thailand, Vietnam, Philippines and the US amplifies SoPa’s loyalty offering SoPa introduced a new management team to facilitate renewed operations and announced Bien Kiat Tan as TMG CEO, Jittra Cheng as TMG Thailand Country Director and Quynh Vo as TMG Vietnam Country Manager As the CEO of TMG, Bien Kiat Tan will be responsible for managing the Group’s P&L, and executing upcoming acquisitions to enlarge the SoPa ecosystem, and expand further in the SEA…

‘Redefining the Future of Banking: Powered by Technology, Driven by Innovation’ which was the theme for this year’s edition of Trescon’s Big BFSI Future Tech Show & Award, opened to a packed house of over 150+ pre-qualified C-suite executives, speakers and solution providers at The Taj Lands End, Mumbai. #TresconBFSI featured technical presentations, panel discussions to enlighten the delegates with real-time use-cases about BFSI Infrastructure, Customer Experience and Cyber Security to name a few. Some of the top speakers included: – Amitabh Ranjan, Chairman, Reserve Bank of India – Anila Rao, VP, APAC, Haptik – Sumeet Puri, Chief Technology Solutions…

SKYX Platforms Corp. (NASDAQ:SKYX) (d/b/a Sky Technologies) (SKYX, “we” or “the Company), a highly disruptive platform technology company, with over 60 issued and pending patents globally for simplifying and enhancing safety and automation in homes and buildings, today announced that its universal safe installation specifications for plug & play ceiling outlet for lighting and fan products has been officially voted on and approved by ANSI/NEMA, the leading U.S. standardization organizations for the standardization of the SKYX safe weight-bearing plug and outlet/receptacle for ceilings (SkyPlug). The American National Standards Institute (“ANSI”) is the leading U.S. standards approval organization, whose standards are…

Company’s September Phase 2b trial results could be transformative for fibromyalgia patients PCG Digital — Life may change for the better for the 10 million Americans suffering from fibromyalgia. The development-stage biotech Virios Therapeutics, Inc. (Nasdaq:VIRI) is anticipating the reporting of phase 2b treatment results for its lead fibromyalgia treatment candidate this September and continues to add value through its research and development of compelling clinical assets for multiple categories of viruses. Humans and viral pathogens have co-existed for millennia. Some human viruses are gone as quickly as they came, while others – such as the herpes virus – are…

The implementation of equitable and inclusive Data Free Flow with Trust (DFFT) and Cross-Border Data Flow (CBDF) had become crucial issues nowadays as data traffic between countries kept increasing. Hence, as chairman of the 2022 G20 presidency, Indonesia proposed four principles of fairness, lawfulness, transparency, and reciprocity for the implementation of cross-border data governance. Through the 3rd Digital Economy Working Group (DEWG) Meeting, held in Labuan Bajo, East Nusa Tenggara (NTT) Province, on July 20-22, 2022, Indonesia highlighted digital skills and literacy as the second priority issues of the DEWG, as well as the DFFT and CBDF as its third…

On August 5, 2022, Legend Capital portfolio company MicuRx Pharmaceuticals, a scarce enterprise in super antibiotic, was successfully listed on the STAR Market. MicuRx Pharmaceuticals issued 130,000,000 shares this time, accounting for 19.84% of the total share capital after the issuance. The total amount of funds raised is expected to be about RMB 960 million at the issue price of 8.16 yuan per share. MicuRx Pharmaceuticals is an innovative drug company focusing on novel therapeutics for infectious diseases. With global independent intellectual property and competitiveness, MicuRx Pharmaceuticals is committed to the discovery, development, and commercialization of innovative drugs for unmet…

DeFi protocol Paribus announces the launch of their testnet MVP, the beginning of a new approach to DeFi. Secure, trustless, and truly decentralized, Paribus users will be able to borrow against previously illiquid digital assets such as NFTs. Put simply, Paribus is a cross-chain, DeFi borrowing and lending protocol. With the unique selling point of allowing exotic assets like NFTs, LP tokens, virtual lands and synthetics to be used as collateral for loans. The platform will also utilize standard crypto assets. Being cross-chain, Paribus will be on multiple chains but is building for the Cardano ecosystem, and will access their…

The COVID-19 pandemic has accelerated the process of digital transformation of enterprises and spawned the vigorous development of the digital economy, the Asia-Pacific region has stepped into digital age. With the acceleration of digitalization in the region, the demand for digital talents is also rising. According to reports, the number of global digital jobs will increase from 51 million in 2021 to 190 million in 2025, and the Asia-Pacific region will face a shortage of 47 million digital talents by 2030. The 3rd Asia Digital Talent International Summit 2022 will focus on the Asian talent market, combine case sharing, and…

Shenzhen Ruicycle Environmental Protection Technology Co., Ltd (also known as Hengchuang Ruineng), a battery recycling company, recently accomplished the B round of fundraising with over RMB 300 million, which is backed by Legend Capital. This round of fundraising will be mainly used to improve the development of the echelon utilized product series, the construction of new energy retired lithium battery recycling capacity, and the expansion of new lithium battery wet recycling technology. Founded in 2017, Ruicycle is a national high-tech enterprise dedicated to “Making New Energy a Truly Green Energy”, deeply engaging in the field of recycling and comprehensive utilization…