Author: Marie Jones

Further Focused on Giving Back to the Community Well-being and Long-term Development Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) is pleased to announce that the Group will take a step further to contribute to the well-being of community by setting up a “Nissin Foods (Hong Kong) Charity Fund” within this year, which will be focusing on initiatives that are supportive and beneficial to the community and contributing to the development of education. Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “As the economy together…

Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) is pleased to announce that the Group will take a step further to contribute to the well-being of community by setting up a “Nissin Foods (Hong Kong) Charity Fund” within this year, which will be focusing on initiatives that are supportive and beneficial to the community and contributing to the development of education. Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “As the economy together with many people’s lives and livelihoods are hard hit by the…

EWO place, a UK startup introducing the concept of property subscriptions, officially opens to the general public after years in the making. With “Earn Without Owning” as its motto, the never-before-seen approach is a type of virtual Real Estate club. It rewards subscribers with tokens while helping local communities in the real world. “It’s no secret that home ownership has become increasingly difficult,” said Richard Mathieson, Co-Founder of EWO place. “While this happens, tenants suffer ever growing rents under punishing terms. Making the whole process unfair. We come to fix it.” Using its own properties, the company balances rewarding users…

Newly formed Atlanta-based group to combat rampant discrimination against African-American owned businesses and African American entrepreneurs A newly formed group of African American community members are demanding that the Securities and Exchange Commission immediately drop their complaint and apologize to entrepreneur Solomon RC Ali who has been enduring a long battle protesting his innocence to the government agency. The group, which refers to itself informally as Black Wealth Matters, is calling the SEC, members of the House of Representatives Financial Services Committee which is charged with overseeing the agency, and other influential figures in the black community to rally to support…

Wintermar Offshore Marine (WINS:JK) has successfully concluded an agreement with IFC and DEG to reschedule US$29 million of debt, deferring US$15.6 million in principal installments for 2020 and 2021. Wintermar has concluded a rescheduling agreement with two major lenders, the International Finance Corporation (IFC) and Deutsche Investitions- und Entwicklungsgesellschaft (DEG), a development finance institution and a subsidiary of KfW Group. As a result of this rescheduling, US$ 29 million of debt which was originally due to mature between 15 March 2021 to 15 December 2022 has been extended to 15 December 2025. In the amendment letter dated 17 June 2020,…

Companies want both the collaborative atmosphere the physical office provides and the flexibility to support remote working for their employees Demand for flexible workspace increasing amid uncertainty as companies look for cost-management solutions While the pandemic has led many to believe remote work will become the norm, concerns about lagging creativity and loneliness demonstrate that there is still a role for the office in a post Covid-19 world, according to The Executive Centre (TEC). While there are advantages to working from home, such as reduced commuting times, costs and pollution, there are also disadvantages for businesses and employees. In a…

The leading Asia-Pacific biotech specialist CRO Novotech has partnered with South Korea’s world-class Pusan National University Hospital (PNUH) based in Busan, South Korea’s second largest city. The Partnership is designed to further support Novotech’s biotech clients run their clinical trials in the region. Dr. Jeong Zoo Lee, the President of PNUH, said: “The PNUH site team and Novotech have worked together on a number of studies already. Based on our strong relationship, we have progressed to a formal agreement to support Novotech biotech clients across all clinical research and patient recruitment areas. “We are pleased to partneri with a regional…

– Companies want both the collaborative atmosphere the physical office provides and the flexibility to support remote working for their employees – Demand for flexible workspace increasing amid uncertainty as companies look for cost-management solutions While the pandemic has led many to believe remote work will become the norm, concerns about lagging creativity and loneliness demonstrate that there is still a role for the office in a post Covid-19 world, according to The Executive Centre (TEC). While there are advantages to working from home, such as reduced commuting times, costs and pollution, there are also disadvantages for businesses and employees.…

TRENDE Inc., a renewable energy retailer in Japan, announced today that it has successfully completed a Series B funding round from ITOCHU Corporation of 1 billion yen in a combination of equity and unsecured convertible bonds. “We’re extremely pleased to have ITOCHU as an investor and partner in our mission to accelerate the widespread adoption of renewable energy in Japan,” said Tadatoshi Senoo, CEO of TRENDE. “Bringing together TRENDE’s expertise in distributed energy with ITOCHU’s leadership in energy storage systems creates a really powerful combination. We are jointly developing a new service that combines distributed solar generation with energy storage…

At London time 9 a.m of June 17th, China Pacific Insurance (Group) Co., Ltd. (hereinafter referred to as “China Pacific Insurance” or “Company”, stock ticker: CPIC) was successfully listed and commenced trading on the Shanghai Segment of the Main Market of London Stock Exchange (“LSE”), with an issue price of USD$17.60. China Pacific Insurance officially becomes the first Chinese insurance company to issue GDRs and the first ever A+H+G (Shanghai, Hong Kong, London) listed insurance company. China Pacific Insurance’s GDR issuance has achieved a number of innovative breakthroughs under the Shanghai-London Stock Connect, being the first GDR to adopt Chinese…

Groundbreaking ideas introduced to a new generation of thinkers via bestselling book. Erhard’s transformational ontological work and Heidegger’s philosophical work brought together for the first time. During these challenging times of uncertainty and disruption, we are spending many hours with our attention on what’s no longer available to us and what might happen and might not happen. Perhaps for that reason alone, the new book “Speaking Being”, has never been more relevant. “Speaking Being: Werner Erhard, Martin Heidegger, and a New Possibility of Being Human” (Wiley), an Amazon #1 bestseller in Philosophy, is an opportunity to bring our focus to…

Hua Medicine (the “Company”, Stock Code: 2552.HK), a leading innovative drug development company focused on developing novel therapies for the treatment of diabetes, today announced topline results from SEED (also known as HMM0301), the first Phase III trial with dorzagliatin. Dorzagliatin is a first-in-class glucokinase activator administered orally, twice daily. The 52-week trial investigated the efficacy and safety of 75mg BID dorzagliatin in 463 patients with Type 2 diabetes, with an initial 24-week double blinded, placebo-controlled treatment, followed by an open label 28-week treatment. The primary efficacy and safety endpoints were evaluated at 24 weeks. In…

SGX-listed Singapore eDevelopment Limited’s (SeD; SGX:40V) wholly owned subsidiary Impact Biomedical Inc. (“Impact Biomedical”) announced today that their COVID-19 research with Global Research and Discovery Group Sciences (“GRDG”), conducted in collaboration with Harvard Medical School and Vilotos Pharmaceutical, Inc. (“Vilotos”), was published in the peer-reviewed scientific journal Molecules on June 11, 2020. The research paper, titled “Potential of Flavonoid-Inspired Phytomedicines against COVID-19,” reports that in advanced computational molecular docking GRDG’s Equivir and Linebacker compounds and Vilotos’s Caflanone bind with high affinity to the spike protein, helicase, and protease sites on the angiotensin-converting enzyme 2 (ACE2) receptor used by the SARS-CoV-2…

According to a survey on board characteristics organised by The Hong Kong Institute of Directors (“HKIoD”), major companies listed in Hong Kong showed a wide range of board sizes but had room to introduce greater gender diversity, warranting closer attention by boards and nomination committees. The survey scrutinised information in the public domain for Financial Year 2018-2019 of Hong Kong-listed constituent stocks in the Hang Seng Index, Hang Seng China-Affiliated Corporation Index, Hang Seng China Enterprises Index and Hang Seng Hong Kong Large Cap Index. The total sample size of the survey was 135 listed firms including 1,529 director positions.…

Decade-low projection attributed mainly to COVID-19 Uncertainties about the length and depth of the economic downturn brought by COVID-19 and the ongoing threat of trade protectionism have led the Hong Kong Trade Development Council (HKTDC) to revise its forecast for Hong Kong’s export performance for 2020 to a decline of 10%, down from the previous prediction of a 2% fall. “The revision takes into account the latest HKTDC Export Index survey, which indicated that 82% of the 500 exporters surveyed forecast their total sales will drop 10% or more year-on-year,” HKTDC Director of Research Nicholas Kwan said at a press conference…

As the COVID-19 pandemic continues to rage around the world, affecting lives and economies everywhere, members of the Asia Video Industry Association (AVIA) have stepped up to help where they can. The video industry plays a critical role in the health and vibrancy of Asian economies, from employing large and skilled work forces, investing in local talent and productions, to entertaining and informing the citizens of our countries during these difficult times. And there is no time more important than now for the industry to work together to further support these countries as its people suffer the brunt of what the…

Local robotics manufacturer Otsaw Digital Pte. Ltd. (“Otsaw”) is pleased to announce that it has launched the world’s first UV-C LED Disinfection Autonomous Robot, named “O-RX”. Underscoring Otsaw’s strengths in the design and development of autonomous robotics and the integration of innovative UV-C LED technology, Otsaw has filed the relevant patents for this new innovation. Key industry leaders in talks with CEO Mr Ling Ting Ming on ways OTSAW and the technological/robotics industry tackles COVID-19. (L to R) Kurt Wee (ASME President), Koh Choon Hui (Chairman, OTSAW), Ho Sing (CEO, YTL Starhill Global REIT Management Ltd), and Ling Ting Ming…

Opening Up New Fuel Source for the Country VPower Group International Holdings Limited (“VPower Group” or the “Group”, stock code: 1608.HK) has successfully expanded its footprint into the liquified natural gas (LNG)- to-power industry through a partnership with China National Technical Import and Export Corporation (“CNTIC”). On 14 June 2020, the power station in Thaketa Township of Yangon, Myanmar built by the 50-50 joint venture of VPower Group and CNTIC (“CNTIC VPower”) started generating electricity with LNG. This is the first time LNG being used as the fuel source in power generation in Myanmar. The power station, with an installed capacity…

Hon Kwok Land Investment Company, Limited (“Hon Kwok Land” or the “Group”; Stock Code: 160), is pleased to announce that its wholly-owned subsidiary, Gold Famous Development Limited, has entered into a long-term lease agreement with a global data centre industry leader for en-bloc space of the Group’s newly completed data centre in Kwai Chung. This move is a milestone, expanding Hon Kwok Land’s capability to develop special-purpose properties with highly specific building requirements for enterprise customers. It also marks an important advance to the Group’s portfolio by leveraging its advantage as a property developer and construction conglomerate. The only high…

VerifyMe, Inc. (OTCQB:VRME), a digital technology solutions provider specializing in counterfeit prevention, authentication, serialization, data mining, track and trace, features for labels, packaging and products, is pleased to announce that it has entered into a strategic relationship with Techind Engineers & Consultants-Impex (“Techind”), part of the Gohar Group, of India. Techind has experience in serialization and track and trace, having sold and installed more than 100 production line serialization systems for 10 clients in the Pharmaceutical industry over the past few years. VerifyMe and Techind will work together in providing the VeriPAS(TM) serialization and track and trace solution to the…