Author: Marie Jones

Growing demand for flexible workspace in Greater China continues amidst market uncertainty MNCs and domestic corporates shift away from traditional leases to manage costs New Centre openings brings total workstations in Greater China to 13,094 The Executive Centre (“TEC”), the leading premium flexible workspace, today announces the opening of two new Centres in Greater China: Modern International Finance Center in Tianjin, China and PCCW Tower in Quarry Bay, Hong Kong. The Centre at PCCW Tower opened in October, and the Centre at Modern International Finance Center to open soon, add to TEC’s footprint in Greater China, bringing total workstations in…

Rykadan Capital Limited (stock code: 2288) will be holding Extraordinary General Meeting (“EGM”) on 23 November 2020 (Monday) at Room 1, 10/F, United Centre, 95 Queensway, Admiralty, Hong Kong at 1:00 p.m. for approving the Proposed Share Buy-back announced earlier in September. According to the Proposed Share Buy-back, Rykadan Capital, through Dongxing Securities (Hong Kong) Company Limited, will make a conditional cash offer to the shareholders of the Company to buy back up to 102,000,000 shares of the Company at a premium offer price of HK$0.68 per share. Premium valuation: The Proposed Share Buy-back provides an opportunity for the shareholders…

CARRY HOPE WITH iROO Taiwanese fashion label iROO International Pte Ltd (iROO) reunites with Rare Disorders Society Singapore (RDSS) for their third annual charity campaign, specially fronted by Taiwanese celebrity Carolyn Chen. Furthermore, anybody who wants to show their support can download the iROO mobile app and bring home Hope, RDSS’s sloth mascot.Hope represents the many dreams and wishes that RDSS beneficiaries with a rare condition have. Despite their conditions, these children have the same hopes, dreams, and wishes, any children may have. Carrying Hope shows RDSS beneficiaries how much Singaporeans care and supports them. Anybody in Singapore and Malaysia…

Epazz DeskFlex desk and room booking software is adding a vaccine management solution that tracks employees’ COVID-19 vaccination. Epazz Inc. DeskFlex (OTC: EPAZ), a leading provider of mission-critical cloud-computing software solutions, announced today that DeskFlex’s vaccine management solution will help organizations plan and develop COVID-19 vaccination programs among its team members when it is released. Pharmaceutical companies are working double-time to create a vaccine against the Novel 2019 Coronavirus. One of the leading pharmaceutical companies, Pfizer, developed a vaccine with a promising result of 90% effectivity according to the company’s clinical results. Over 43,538 volunteers participated and received two injections…

Tianyun International Holdings Limited (“Tianyun International”, together with its subsidiaries, the “Group”) (Stock code: 6836.HK), a leading seller and manufacturer of processed fruits products in China is pleased to announced that it has completed the preparation work for the research, development, production and sales of a brand new sport beverages series with fruit juice and vitamins under its own brand “SHIOK PARTY” (the “New Beverages”). The New Beverage will be launched in mainland China by December 2020, in order to expand into the functional beverages market in China. With the increasing awareness of health, as well as the changes in…

Edvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK), the largest private higher education group in the Greater Bay Area (“GBA”), announces its annual results for the year ended 31 August 2020 (the “Reporting Period”). During the Reporting Period, Edvantage Group operated a total of 5 schools in the PRC and overseas. In China, the Group operates an undergraduate school, Huashang College Guangdong University of Finance and Economics (“Huashang College”), and a diploma school, Guangzhou Huashang Vocational College (“Huashang Vocational College”). Overseas, the Group operates two private vocational institutions, namely Global Business College of Australia (“GBCA”) and…

Riyadh & Tokyo, Nov 9, 2020 – Alinma Bank has partnered with JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co. Ltd., Japan’s only international payment brand, to enable the acceptance of JCB Cards through its POS and ATM network devices deployed in the Kingdom of Saudi Arabia. The expansion is in line with the Kingdom’s strategic vision to promote both a cashless society and financial inclusion as part of Vision 2030. The partnership is also a continuation of JCB’s plan for entering the market in the Kingdom of Saudi Arabia, a destination of ever-increasing importance for…

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Endeavour at The Right Time: Excellent and Solid Business Performance Are Widely Recognized in the Market, will Continue Strive to Become the Regional Leading Property Management Company The leading enterprise in the property management industry in Nanjing and Jiangsu Province, the PRC, Yincheng Life Service CO., Ltd. (“Yincheng Life Service” or “the Company”, together with its subsidiaries, “the Group”; Stock code: 1922) is pleased to celebrate the 1st anniversary of its listing on the main board of HKEx. With the effective expansion of business scale and continuous deep cultivation in the industry, the Company is providing more diversified and value-added…

Aiming to Cope with the Increase of Demand in China TOKYO, Nov 6, 2020 – Showa Denko K.K. (SDK; TSE:4004) has established Chengdu Kemeite Showa Electronic Materials Co., Ltd. in Chengdu, China, jointly with Chengdu Kemeite Special Gas Co., Ltd. of China, aiming to strengthen SDK’s business to produce and sell high-purity gases for electronics. The new company will start its operation in January 2021, and it will mainly be in charge of the implementation of final process in the manufacturing process of high-purity FC-14 gas (tetrafluoromethane: CF4) which is used in the process to manufacture semiconductors. CF4 is one…

According to Bloomberg, recent years have seen the strong performance of biopharmaceutical enterprises in Hong Kong stock market. Bonnie Chan, Head of Listing of HKEX, said at the HKEX Biotech Summit on 1st September this year that 20 pre-revenue biotechnology companies had been listed in Hong Kong by then, raising a total of HK$48 billion in IPOs, and a total of HK$46 billion in post-IPO financing. The public offerings of BeiGene, Innovent Biologics and Junshi Biosciences have all expanded multiple times upon their IPO in their market value. With the listing of RemeGen next Monday, Hong Kong is to welcome…

Steady year-on-year revenue growth of 14.4% to HK$2,685.6 million Segment results continue to record double-digit growth Nissin Foods Company Limited (“Nissin Foods” or the “Company”, and together with its subsidiaries, the “Group”; Stock code: 1475) has today announced its 2020 financial information for the nine months ended 30 September 2020 (“the reporting period”). Revenue of the Group amounted to HK$2,685.6 million, representing a year-on-year (YoY) increase of 14.4% from HK$2,348.1 million. Gross profit increased by 16.3% YoY to HK$895.9 million (2019: HK$770.1 million), with gross profit margin increasing by 0.6pp to 33.4% (2019: 32.8%), mainly attributable to the reduction in…

Raffles Financial Group Limited (CSE: RICH) (FSE: 4VO) (OTC: RAFFF) today announced that it has appointed Mike Zhou, previously Independent Director, as Executive Director for North America. Mr. Zhou’s expertise, developed over the course of a decade, covers capital markets and international business strategy with a special focus on the technology sector. In recent years, he has held management positions and director roles throughout the FinTech, digital marketing, consulting, and financial sectors. From 2013 to 2015, Mr. Zhou served as Manager of Corporate Development for BiYond (China) Corp. Under his management, the firm successfully launched a multi-million-dollar FinTech Joint Venture…

ScreenSingapore today announced finalists for the Southeast Asian Film Financing (SAFF) Project Market 2020. Ten projects from China, Malaysia, Myanmar, Netherlands, Philippines, Singapore and Thailand were selected based on the project’s co-production viabilities and the strength of the filmmaking team. This year’s SAFF Project Market sees entries coming in from 14 countries and regions across Asia, Europe and North America, including first-timers from Finland, France, and Iran. Taking Asian Storytelling to the World Since its launch in 2015, the SAFF Project Market has emerged as a recognised regional platform for established and upcoming content creators to come together and present…

The Jiashan China 2020 International Investment and Trade Fair was held at the Jiashan Yunlan Bay International Convention Center, Zhejiang Province on October 28th. More than 600 business people, including representatives of the relevant provincial and municipal departments, management of domestic companies and foreign businessmen from the UK, Japan, Germany, Italy and Spain attended the event. Jiashan County, one of the top 100 counties in China, has held the Jiashan Trade Fair annually since 2003, and has been ranked among the top 10 counties attracting foreign investment to Zhejiang Province for 18 consecutive years. Opening the 2020 Trade Fair, Hong…

TOKYO, Nov 5, 2020 – Showa Denko K.K. (SDK; TSE:4004) today announced its 2020 third quarter financial results. – 2020 Third Quarter Consolidated Financial Statements and summary https://www.sdk.co.jp/assets/files/english/ir/library/fss2020-3q.pdf About Showa Denko K.K. Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum…

Shrinkflex (Thailand) PCL (SET: SFT) is a leading provider of integrated labeling solutions featuring plastic shrink films in ASEAN. On October 29 the company was listed in the Market for Alternative Investment (MAI). SFT executives are moving ahead with plans to invest in expanding the company’s manufacturing facilities and adding new lines of products. The investment plans will add better value and boost the company’s brand image in anticipation of continuing market growth in spite of the Covid-19 pandemic. This year’s growth is expected to be in the double-digits. Mr. Sung Cheong Tsoi, SFT’s Founder and Chief Executive Office, says…

A project aiming to address the challenges as well as bring the advantages of blockchain to the CBD industry Irish company Greenheart CBD (greenheartcbd.ie) has announced November IEO pre-sales of the Greenheart PUNT, an ERC-20 token available now on the LATOKEN exchange platform. The PUNT is a DeFi sustainable token which aims to encourage the adoption of CBD products in the global community, and bring the advantages of blockchain to the wider CBD industry. The Greenheart PUNT token is backed by a real commodity – 1,000 liters of Greenheart’s CBD oil a year at a retail value of US$4 million…

City Developments Limited (CDL) announced today the appointment of Deloitte & Touche Financial Advisory Services Pte. Ltd. (Deloitte) as its External Financial Advisor to assist in further evaluating and reviewing its 51.01% joint venture equity investment in Sincere Property Group (Sincere) based in China. The CDL investment of an effective 51.01% stake in Sincere, completed in April 2020, is a strategic investment which provides CDL with a platform established over 26 years, comprising different asset classes across 18 cities in China. Sincere is ranked in China among the Top 100 Developers by China’s Real Estate Association and one of the…

NetDragon Websoft Holdings Limited (“NetDragon”, Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that NetDragon has signed a licensing agreement with Pearson Global Schools, part of Pearson, the world’s leading learning company. Pearson’s high-quality interactive math and science content from its Quikik app will be distributed through NetDragon’s global learning community, led by subsidiaries Edmodo, Promethean, and JumpStart among others. Pearson’s multimedia learning tools focus on the individual needs of learners. For digital native students (ages 10-15), Pearson’s Quikik app provides interactive content that is highly visual with real-life applications to make…