Author: Marie Jones

As demand for flexible workspaces in Hong Kong continues to grow, Asia’s leading premium flexible office solutions provider, The Executive Centre (TEC), is expanding its portfolio in the City. Assisted by CBRE Hong Kong, the company has secured another prime location in Central to satisfy rising demand for top-tier flexible workspace. “This modern, flexible and well-equipped workspace situated in a highly desirable location will be an attractive proposition for clients, particularly those in the financial services sector,” says Ada Fung, Executive Director, Head of Advisory & Transaction Services – Office Services, CBRE Hong Kong. “We’re delighted to have played an…

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WINS’ management repositioning Company for expansion, through fleet restructuring and refocusing on future growth areas. In the Public Expose on 25th August 2021, PT Wintermar Offshore Marine Tbk (WINS:JK) Managing Director Sugiman Layanto affirmed the positive outlook for the Company, as higher oil prices have initiated a new investment cycle for Offshore oilfield development. The Company’s Annual General Meeting of Shareholders (AGM) on 19th August 2021 approved the issuance of up to 415 million shares without pre-emptive rights, of which 400 million are to be issued at any time within the next 24 months, which together with the Company’s lowered…

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VOOPOO’s international new product launch came on August 18 as scheduled, during which annual new product DRAG X PRO was officially released. With VOOPOO constantly pushing the boundaries of performance and design, DRAG X PRO is meeting the diverse needs of its users and bringing innovative experiences to consumers around the world. The newly developed TPP X POD is the powerful guarantor for the stable operation of DRAG X PRO. On one hand, two atomizing cores, 40W and 80W, not only optimize the stable output of high power but also meet the users’ pursuit of high performance and big clouds.…

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Apex Ace Holding Limited (Apex Ace or the Company; HKG:6036) and its subsidiaries (collectively referred as the Group), a Hong Kong-based supplier of digital storage products and electronics components along with relevant technical support, has posted a revenue of approximately HK$1,423.9 million, representing a year-on-year leap of approximately 97.6% for the six months ended 30 June 2021 (1H2021 or the Review Period). Profit attributable to owners of the Company rocketed to approximately HK$26.6 million from the HK$1.0 million recorded for the six months ended 30 June 2020 (1H2020 or the Last Corresponding Period). During the Review Period, the semiconductor market…

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Shimao Services Holdings Limited (Shimao Services or the Company; HKG:873), a leading comprehensive property management and community living services provider in China, has announced its 2021 interim results, reporting an operating revenue of RMB 4,234 million, a year-on-year increase of 171%. Profit attributable to equity shareholders of our Company was RMB578 million, a 136% surge year-on-year. The Company’s GFA under management and various operating indicators also swelled markedly, accomplishing strong growth during the reporting period. During the results announcement press conference, Mr. Hui Sai Tan, Vice Chairman of the Board and President of Shimao Group, and Chairman of the Board…

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One of the Largest Water Supply Infrastructure Projects & the First Project to Employ Tunnel Boring Machine in Metro Manila Area Raises Standard of Philippines Local Infrastructure Works Chun Wo Construction Holdings Company Limited (Chun Wo), a subsidiary of Asia Allied Infrastructure Holdings Limited (HKG:711), is pleased to announce that the contract of Novaliches-Balara Aqueduct 4 (NBAQ4) project in the Philippines has completed breakthrough on 14 August and the online Breakthrough Ceremony was held in the morning. This marks an important milestone for Chun Wo as it is the first project for the company in the Philippines and is part…

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Central Global Berhad’s (Central Global or Company) wholly-owned subsidiary, Central Global Technology Sdn. Bhd. (CGTSB) has signed a memorandum of understanding (MoU) with Smart Sabah Corporation Sdn. Bhd. (Smart Sabah) to discuss the set-up of a joint venture (JV) for the construction of a dashboard for Sabah’s Ministry of Finance. The MoU, which is valid for six months from the signing, will be the framework from which CGTSB and Smart Sabah explore collaboration leading to a JV for the dashboard’s planning, design, development, implementation and maintenance. Central Global is a producer of industrial masking tapes and label stocks as well…

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ESPRIT HOLDINGS LIMITED (Esprit, the Company or the Group; HKG:330) has today announced its unaudited financial interim results for the six months ended 30 June 2021 (the Period). Group revenue for the Period was approximately HK$3,872 million, a marginal decrease of around 5.8% from the six months ended 30 June 2020 (the Corresponding Period), primarily resulted from lower revenue in Europe, (approximately 14.4%) due to stringent pandemic related operating restrictions, as well as the Company’s temporary exit from Asia Pacific and the closure of several low-performance stores. The reductions were tempered by a stronger performance from the Company’s digital operations,…

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AI and RPA have been growing as enablers for the limitless growth of the economy in MENA. With more and more government initiatives looking to push the boundaries of innovation across sectors, reports estimate an annual growth through AI to range between 20-34 per cent per year for these economies. The 29th global edition of the World AI & RPA Show is expected to convene over 300 participants online including, government leaders, CIOs, CEOs, CTOs, Heads of AI and innovation and AI experts from across the globe to explore MENA’s untapped opportunities in AI and RPA. “With hand-picked experts from…

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NextPlay Technologies, Inc. (Nasdaq: NXTP), a digital business ecosystem for digital advertisers, consumers, video gamers and travelers, has entered into a definitive agreement to acquire 100% of the assets of Token IQ, a leading innovator in digital asset management with its smart compliant token technology. Token IQ has many unique capabilities, but its greatest attributes are its ability to afford cryptocurrency owners a solution to replace their assets should they lose access to, or control of, their assets and its handling of “Know Your Customer” (KYC) issues — solving many key regulatory requirements. NextPlay will not only look to license…

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Forbes Finance Council is an Invitation-Only Community for Executives in Accounting, Financial Planning, Wealth and Asset Management, and Investment Firms Trintech, a leading global provider of integrated Record to Report software solutions for the Office of Finance, today announced its CFO, Omar Choucair, has been accepted into Forbes Finance Council, an invitation-only community for executives in accounting, financial planning, wealth and asset management, and investment firms. Choucair was vetted and selected by a review committee based on the depth and diversity of his experience. Criteria for acceptance include a track record of successfully impacting business growth metrics, as well as…

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Singapore-based Princeton Digital Group (PDG), Asia’s leading data center provider, today announced plans for a greenfield development in Jakarta, Indonesia, as part of PDG’s plan to expand its footprint to serve its customers’ needs in the booming Indonesian digital economy. With 19 data centers across 5 countries PDG has built an unrivalled footprint in less than 4 years since its inception. The company recently announced an investment of USD 1 billion to open a 100 MW flagship data center campus in Japan. The new 22MW data center, to be named Jakarta Cibitung 2 (JC2), is being built within the same…

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Kingsoft Office Group to Pursue “Multi-screen, Cloud, Content, AI and Collaboration” Strategy Online Games Business to Focus on Premium Game Strategy Kingsoft Corporation Limited (Kingsoft or the Company; HKG:3888), a leading Chinese software and Internet service company, has announced its unaudited 2021 interim results and its second-quarter results for the period ended 30 June 2021. For the first half of 2021, the revenue of Kingsoft increased 17% year-on-year to RMB3,039.1 million. Revenue from office software and services business increased 70% year-on-year to RMB1,557.2 million. Revenue from office software and services and online games and others represented 51% and 49%, respectively,…

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Redsun Services Group Limited (Redsun Services or the Group) (HKG:1971), a fast growing comprehensive community services provider focusing on the Yangtze River Delta, is given Buy rating by CEB International with a target price of HK$6.0. CEB International considers that the net profit of Redsun Services raised by 60.4% year-on-year to RMB 37.4 million in the first half of 2021, which is in line with their expectation. The main reasons include: 1) the increase of GFA under management; and 2) community value-added services grew strongly. By the end of June this year, the total GFA under the management of the…

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K. Wah International Holdings Limited (KWIH or the Group) (HKG:173) today announced its unaudited interim results for the six months ended 30 June 2021. KWIH, with a robust yet flexible approach, timely launched premium projects during the period under review and achieved satisfactory sales results. For the six months ended 30 June 2021, the Group’s attributable contracted sales amounted to approximately HK$9.6 billion. As at the end of June 2021, total attributable contracted sales yet to be recognized amounted to approximately HK$17.4 billion, which are expected to be accounted for in the second half of 2021 and 2022, underpinning the…

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Website to help B40 Malaysians find jobs  Seeking support from Malaysians for Malaysians Kitakerja.my, a social initiative focusing on matching Malaysian jobseekers in the Bottom-40 (B40) income bracket to domestic employers, is calling for more Malaysians to join hands in building an ecosystem of jobseekers and employers while at the same time assisting in the economic recovery one job at a time. Kitakerja.my is the brainchild of two young Malaysians pooling their resources together to help fellow Malaysians in the B40 bracket who lost their jobs. Kitakerja.my co-founder Choong En Han said, “Over the past 18 months, our…

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Quess Corp, one of the world’s leading Business Service Providers, today announced that Comtel Solutions, the leading tech talent solutions Company in Singapore, and an affiliate of Quess Corp, has now become Quess Singapore and will operate as fully owned Singaore entity. An affiliate of Quess Corp Limited, Comtel has been in business for over a decade and has expanded across the Asia Pacific and several industry verticals and sectors such as Banking, Hi-Tech Manufacturing, Telecommunication, Logistics, and Healthcare Industries. The company which partners with global market leaders, including Fortune 100 companies for services, solutions and focussed executive searches for…

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Contracted Sales Increased Substantially by approx. 130% Maintains Green-tier Operation Revenue Grew by approx. 51% YoY Net Profit Surged by approx. 154% YoY The board (the Board) of directors (the Directors) of DaFa Properties Group Limited (DaFa Properties or the Company, together with its subsidiaries, the Group; HKG:6111) is pleased to announce the unaudited interim results of the Group for the six months ended 30 June 2021 (the “Reporting Period”). DaFa Properties 2021 Interim Results Highlights (For the six months ended 30 June 2021) — Contracted sales were approx. RMB 25.81 billion, representing a significant YoY increase of approx. 130%;…

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Total Revenue Surges over 120% and Achieves Turnaround Segment Profit of The Mainland China Records Fivefold Increase Emperor Watch & Jewellery Limited (the Group or Emperor W&J) (HKG:887), a leading retailer of European-made watches and fine jewellery, announced its interims results for the six months ended 30 June 2021 (the Period). As pandemic containment has become broadly stable in Greater China, and various governments made progress with vaccination programs during the Period, the Group generally continued noting signs of improvement, and its total revenue surged by 122.4% to HK$2,071.0 million (2020: HK$930.6 million). Revenue from mainland China registered a remarkable…

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Seedo Corp. (saffron-tech.ag) (OTC: SEDO), an Agtech company that is developing the protocols to grow saffron using vertical farming technology, today announced the appointment of Avi Stern to its board of directors as an Independent Director. Stern currently serves as the Vice President of Finance at Wix.com, a leading cloud-based website development platform with millions of users worldwide. Avi Stern “We are pleased to welcome Avi Stern to our board as an Independent Director,” says Dr.Gil Feiler, Chairman Seedo Corp. “Avi is coming from one of largest market cap Israeli companies and is a recognized leader whose extensive knowledge in…

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