Author: Marie Jones

KGiSL, a global IT Products, Solutions, and Services provider, today announced the landmark contract that was won by KGiSL against significant competition from one of the largest stock exchanges in the ASEAN, The Stock Exchange of Thailand (SET). KGiSL will rollout Dolphin – a state of the art, cutting-edge technology back-office (BO) platform for brokers in Thailand. The platform will be hosted by SET and will be made available to brokers. The implementation is expected to be completed in the next 16 months. KGiSL’s flagship product for Capital Markets – Dolphin, caters to 60% of the leading institutional brokers in…

Quantron, strategic partner of Ev Dynamics, delivers 30 electric vans to IKEA Austria. Quantron AG, handed over the first set of 100% emission-free vans to IKEA Austria, this week. The international furniture company IKEA has set itself the goal of becoming climate-positive by 2030. The e-mobility specialist Quantron supports IKEA in this mission and supplies the IKEA logistics center near Vienna with 30 environmentally friendly e-vehicles. The Germany-based Quantron AG is a strategic partner of Ev Dynamics. Quantron’s first all-electric Q-Light was already used for extensive testing at the logistics center in June. With a range of at least 170…

Asset Acquisition ushers Glimpse into the Architecture, Engineering and Construction (AEC) segment and entrance into the Australian enterprise markets The Glimpse Group, Inc. (NASDAQ:VRAR) (Glimpse or the Company), a diversified Virtual Reality and Augmented Reality (VR and AR) platform company providing enterprise-focused VR and AR software & services solutions, announced today that on August 13, 2021, it acquired the assets of Augmented Reality Investments Pty Ltd, an Australia based company (Auggd). Auggd (https://auggd.com/) provides AR software and services to the AEC industry in Australia, Europe, and the US, creating experiences that visualize buildings, bridges, roads and underground services at true…

More than 370,000 visitors attend Food Expo and concurrent events The HKTDC Food Expo, HKTDC Hong Kong International Wine & Spirits Fair (Special Edition), HKTDC Hong Kong International Tea Fair, HKTDC Home Delights Expo and HKTDC Beauty & Wellness Expo, organised by the Hong Kong Trade Development Council (HKTDC), as well as the International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM), jointly organised by the HKTDC and the Modernized Chinese Medicine International Association, have all drawn to a successful close. The five public fairs brought together over 900 exhibitors and attracted more than 370,000 visitors. Benjamin…

According to the “Notice Regarding the Memorandum of Understanding for Capital and Business Alliance with Shanghai LingKang Consulting Co., Ltd.” dated 21 June 2021, Quantum Solutions Co., Ltd. (hereinafter referred to as the Company) signed a Memorandum of understanding with Shanghai LingKang Consulting Co., Ltd (hereinafter referred to as Lingkang) in relation a business alliance including capital investment in the electric vehicle (hereinafter referred to as EV) sector. In addition, according to “Notice Regarding the Start of New Business and Capital and Business Alliance with FOMM Corporation” dated 12 July 2021, the Company announced that subject to approval by the…

Pentamaster International Limited (HKG:1665) (PIL or the Group) which is listed on the Main Board of The Stock Exchange of Hong Kong Limited announced its interim financial results for the six months period ended 30 June 2021 (1H2021) today. The Group recorded a revenue of MYR245.6 million, while its net profit stood at MYR55.7 million, showing an improvement of approximately 21.0% and 5.6% respectively from the corresponding period last year. In 1H2021, the Group’s revenue was contributed by both the ATE and FAS segments, with each constituting approximately 72.0% and 28.0% respectively of the Group’s total revenue in the current…

Machinery purchases increase tape manufacturing capacity from 20 mil to 70 mil sqm Potential order book at 30 mil sqm Central Global Berhad (Central Global or Group), a producer of industrial masking tapes and label stocks as well as general building contractor, is in the midst of finalizing the purchase of machinery that will triple the Group’s manufacturing arm’s capacity to produce industrial masking tapes. With the purchase of the new machinery, the Group’s factory in Kuala Muda, Kedah, will have a capacity to produce up to 70 million square metres (“sqm”) per year of tapes from 20 million sqm…

CENTRAL CHINA MANAGEMENT COMPANY LIMITED (CCMGT or the Company, stock HKG:9982), a leading property project management company in China, today announces its unaudited interim results ended 30 June 2021(Review Period). During the Review Period, benefited from the PRC domestic property sector continued to recover and the Greater Central China strategy of the Company, the revenue of the Company increased 32% to approximately RMB635 million as compared to the same period of 2020. Net profit amounted to approximately RMB362 million, representing an increase of 20% as compared with the same period last year. Core net profit amounted to RMB380 million, an…

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 enters into a sales and purchase agreement to acquire the entire issued share capital of a veterinary hospital chain (the Target Companies) and the total consideration will be paid in cash. The Target Companies are principally engaged in the provision of veterinary services in Hong Kong and operate five veterinary hospitals with 16 registered veterinary surgeons. According to the unaudited financial information for the year ended 31 March 2021,…

Multifunctionality businesses rely on a strong network infrastructure that can support heavy data usage. With the quality of internet connectivity and broadband speed improving drastically, enterprises are seeking to shift from legacy MPLS to SD-WAN and SASE services. The shift in trend to cloud-based solutions combined with certain demographical advantages that APAC’s geographical positioning provides the potential for huge demand for SD-WAN and SASE services. The inaugural edition of SD-WAN and SASE Summit will digitally converge key players and experts to help Asian countries digitize at speed and scale, on 19 August 2021. The summit will feature eye-opening keynotes, government…

DMO Business Achieves Leapfrog Breakthrough Two Products Approved for Launch Smooth Progress of Various Core Anti-tumor Drugs Clinical Trials To Allocate Resources to Boost Innovative ADC Drugs TOT BIOPHARM International Company Limited (TOT BIOPHARM or the Group; HKG: 1875), a biopharmaceutical company dedicated to developing and commercializing innovative oncology drugs and therapies, announced today its unaudited interim results for the six months ended 30 June 2021. KEY MILESTONES IN 2021 1H In the first half of 2021, on the back of by national policies and driven by innovative R&D, the oncology drug market in China boomed and continued to gather…

 Yanlord Land Group Limited (Z25.SI) (“Yanlord” or the “Company” and together with its subsidiaries, the “Group”), a Singapore Exchange-listed real estate developer focusing on developing high-end integrated commercial and residential property projects in strategically selected high-growth cities in the People’s Republic of China (“PRC”) and Singapore, today announced its unaudited first half year condensed interim financial statements for the six months ended 30 June 2021 (“1H 2021”). The Group’s revenue increased by 44.7% to RMB13.189 billion in 1H 2021 compared to the first half of financial year ended 31 December 2020 (“1H 2020”), of which, RMB11.359 billion was contributed from…

Recently, Global Markets – GF Holdings (Hong Kong) Corporation Limited won two Excellence Awards, namely Structured Products (China Greater Bay Area (CGBA) and Structured Products Provider of the Year (CGBA), in Financial Institution Awards 2021 (Securities Sector) organized by Bloomberg Businessweek for its outstanding cross-border structured product capabilities and industry Influence. Bloomberg Businessweek has held the annual “Financial Institution Awards” for seven consecutive years, recognizing and awarding financial institutions with excellent market performances, growths, development and business strategy. Global Markets – GF Hong Kong, which has won the excellence awards, is committed to building a professional platform for cross-border financial…

Week-long global gourmet food parade and a whole lot more The HKTDC Food Expo, HKTDC Hong Kong International Wine & Spirits Fair (Special Edition), HKTDC Hong Kong International Tea Fair, HKTDC Home Delights Expo and HKTDC Beauty & Wellness Expo, hosted by the Hong Kong Trade Development Council (HKTDC), opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). The five public fairs have assembled 900 exhibitors from Hong Kong and beyond to showcase a global selection of delicacies and lifestyle products. About 85% of the exhibitors said they are making available at least one consumption voucher payment method…

Mainboard-listed Sunpower Group Ltd. (Sunpower or the Group), a leading provider of industrial steam with a sizeable portfolio of 100%-recurring, long-term, cash-generating Green Investments (GI) projects that uses innovative integrated environmental protection technologies to facilitate the development of the circular economy and help China attain carbon peak and carbon neutrality, today announced its financial results for the six months to 30 June 2021 (1H 2021). Results Highlights Completed disposal of M&S business to unlock value and improved return for shareholders Paid substantial Special Dividend of S$0.2412 per share Recognised gain on disposal of RMB934.0 million Green Investments (GI) is now…

Wintermar Offshore Marine (WINS:JK) has announced results for 1H2021, achieving a gross profit of US$3.3 million for 1H2021, compared to gross loss of US$0.66 million for the same period last year, with fleet utilization recovering to 63%. Utilization improved from 61% in 1Q2021 to 63% in 2Q2021 as oil prices climbed, bringing total revenue for 1H2021 to US$20.1 million, just 8% lower than 1H2020. Due to the cost control measures and streamlining of fleet carried out, total direct costs reduced by 26% thus producing a gross profit of US$3.3 million for 1H2021. –Owned Vessel Division Owned Vessel Revenue declined slightly…

Synopsis, the world’s largest blockchain, crypto, DeFi and digital-art event, convenes for Edition III from September 20-24, a quarterly summit that draws hundreds of participants, and hundreds of thousands of viewers from around the world, and an event that gathers top-level experts and blockchain industry stars to present top trends, key questions, and compelling answers on the state of cryptocurrency markets today. Synopsis is being held for the third time this year to recreate the spirit of full immersion in the digital economy and decentralized finance. Its agenda includes round tables, panel discussions, solo performances, AMAs, and interviews. Synopsis will…

Along with changes in the domestic and foreign regulatory environments and the policy reform of the Hong Kong Exchanges and Clearing Limited (HKEX), the Hong Kong market becomes increasingly attractive to some China-based US-listed companies. The return of China-based overseas-listed companies has become a trend now. Li Auto Inc (2015.HK) is among the three major China-based overseas-listed NEV companies listing on HKEX today through a dual primary listing, after Xpeng Motors Inc (9868.HK) was listed in Hong Kong on July 7. The IPO is jointly sponsored by Goldman Sachs and China International Capital Corporation (CICC), with UBS as the financial…

The newly-formed Labuan Economic Sector Coalition (the Coalition) which comprises of various associations and business organizations released a press statement to express its grave concerns on the prospects facing Labuan due to unfair application of new SOP requirements, which are causing shipping firms and related major economic sectors to slow down or completely halt their activities on the island. This is despite the fact that Labuan is first among territories and states in Malaysia to have fully-vaccinated over 80% of its population and achieved herd immunity. The Labuan Economic Sector Coalition Members comprises of various associations and business organizations including…

A new self-help book, How To Talk To Strangers by Kerrie Phipps, was launched globally along with the co-authors of the book, reaching over 1000 people through the event was aired live on Facebook and Youtube. The book is an invitation to think more deeply about how you connect with others, so you don’t overlook essential connections or risk missing opportunities to impact people and the chance to change your own life in the process. Kerrie Phipps, the Author and publisher, says, “Stories of the kindness of strangers are so moving, the impression they have on people, and the power…