Nissin Foods Company Limited (the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) today announced its plans to invest about RMB180 million to build a new production plant in Zhuhai, the People’s Republic of China (“PRC”) for manufacturing packaging materials to facilitate its business growth and development in the PRC and Hong Kong. Today, Nissin Foods (China) Holdings Company Limited, a wholly-owned subsidiary of the Group, has signed an equity transfer agreement with Grandview China Holdings Limited to acquire its entire equity interest in UNI-INTEC (Zhuhai) Scientific Technology Co., Ltd.*, which owns the land use rights of an…
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TransCanna Holdings Inc. (CSE: TCAN) (OTC PINK: TCNAF) (FSE: TH8) (“TransCanna” or the “Company”) and Lifestyle Delivery Systems Inc. (CSE: LDS) (FSE: LD6) (WKN: A14XHT) (OTCQX: LDSYF) (“LDS”) entered into an exclusive agreement to negotiate a proposed business combination between TransCanna and LDS. The proposed business combination is expected to involve the acquisition by TransCanna of all the outstanding common shares of LDS at a price equal to the greater of $51,660,140 payable in common shares of TransCanna and the amount resulting from a fixed exchange ratio of one (1) TransCanna common shares for every ten (10) LDS common shares.…
Shares of Tu Yi Holding Company Limited (the “Company”, together with its subsidiaries collectively, the “Group”), a well-established and active outbound travel products and services provider in the PRC, commenced dealing today on the Main Board of the Stock Exchange of Hong Kong Limited (“SEHK”) under the stock code of 1701. After listing, the Group plans to further broaden its product portfolio, explore new destinations and develop new itineraries for existing tours to give customers more new and different travel experiences. The Group will monitor market trends regularly and carefully and leverage its accumulated product development know-how and market insights…
Shares of Tu Yi Holding Company Limited (the “Company”, together with its subsidiaries collectively, the “Group”), a well-established and active outbound travel products and services provider in the PRC, commenced dealing today on the Main Board of the Stock Exchange of Hong Kong Limited (“SEHK”) under the stock code of 1701. After listing, the Group plans to further broaden its product portfolio, explore new destinations and develop new itineraries for existing tours to give customers more new and different travel experiences. The Group will monitor market trends regularly and carefully and leverage its accumulated product development know-how and market insights…
– Revenue increases by 51.5% to HK$475.5 million; Adjusted Net Profit up 33.4% to HK$125.2 million; – Successful Hong Kong listing and exceptional business model to drive long-term business growth Medialink Group Limited (“Medialink” or the “Group”, stock code: 2230.HK), a leading distributor of quality media content and PRC’s largest Japanese animation distributor based on revenue in 2017, announced today its annual results for the year ended 31 March 2019 – the Group’s first annual results since its listing on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEX”) in May 2019. Owing to strong demand for…
Hua Hong Semiconductor Limited (“Hua Hong Semiconductor” or the “Company”, stock code: 1347.HK), a global leading specialty pure-play foundry, announced that its 3rd-generation 90nm embedded flash (90nm eFlash) process platform has successfully achieved mass production. Hua Hong Semiconductor continued to improve the competitiveness in the field of embedded Non-Volatile Memory (eNVM) technology. Through continuous technological innovation, the flash cell size of the 3rd-generation 90nm embedded flash process platform is reduced by nearly 40% compared with the 2nd-generation technology, hitting a record low in the embedded flash technology at 90nm process node among foundries worldwide. Flash IP has a more obvious…
NetDragon Websoft Holdings Limited (“NetDragon” or “the Company”, Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that Coding Galaxy, a game-based learning platform developed by Cherrypicks, a NetDragon subsidiary, was named the Best Coding & Computational Thinking Solution of 2019 as part of the annual Software & Information Industry Association (“SIIA”) CODiE Awards. The SIIA CODiE Awards have honored companies producing the most innovative software, education, information and media products for achieving excellence and innovation in technology around the world for over 30 years. A SIIA CODiE Award win is a…
With the growing focus on blockchain and increasing numbers of projects, there will be the analysis and comparison of popular projects – EOS vs ETH, Justin Sun vs Vitalik Buterin, etc – the discussions are never-ending. Competition in the market is indicative of the steady development in the blockchain industry, yet only high-quality projects can ensure successful development. Chainlink is a blockchain oracle platform which has become increasingly popular in recent years. A review of blockchain projects over this period shows that Singapore-based SCRY.INFO is another rising star focusing on data transmission. This report aims at a comparative analysis of…
Maximum Offer Price at HK$8.08 per H Share; To Raise Gross Proceeds Up to more than HK$2,000 Million (assuming the Over-allotment Option is not exercised); A Leader in the Global Semi-trailer Industry Successfully Established Well-recognized Semi-trailer Brands including”CIMC”, “Vanguard” and “SDC” A leader in the global semi-trailer industry – CIMC Vehicles (Group) Co., Ltd. (“CIMC Vehicles” or the “Company”, together with its subsidiaries, the “Vehicles Group”, stock code: 1839), today announced the proposed listing of its H Shares on the Main Board of The Stock Exchange of Hong Kong Limited (“Hong Kong Stock Exchange”). CIMC Vehicles plans to offer 265,000,000…
The nation’s drug development efforts have been given additional momentum with the introduction of two new platforms, and a grant scheme for drug discovery and development. These national platforms aim to bridge the ‘valley of death’ between basic science research and pharmaceutical enterprises. They will also serve to catalyse collaboration across industry, research institutes, academia, and the hospitals; as well as nurture a strong pool of scientific talent for Singapore’s biomedical ecosystem. These announcements were made during the opening ceremony of the Experimental Drug Development Centre (EDDC) in Biopolis, officiated by Mr Heng Swee Keat, Deputy Prime Minister and Minister…
이번 특허는 블록체인 기반 인센티브 프로그램 기술을 포함하며 강력한 산업용 충성도 애플리케이션의 토대를 마련한다 블록체인 기술을 현대적인 충성도 및 인센티브 프로그램에 적용하는 업계 선도 기업인 로이열(Loyyal)이 거래 및 비거래 커머스를 인센티브화하는 분산 장부 프로토콜(Distributed Ledger Protocol to Incentivize Transactional and Non-Transactional Commerce) 기술에 대해 한국 특허청으로부터 특허 번호 10-1955833으로 등록 승인을 받았다고 발표했다. 로이열의 날로 성장하는 지적재산 포트폴리오에 새롭게 추가된 이번 특허는 거래 및 비거래 행동을 인센티브화하기 위해 블록체인 기술을 포함한 분산 장부 프로토콜 시스템을 사용하는 인센티브 및 충성도 프로그램 구현에 관한 것이다. 이번 지적재산 특허는 일본과 싱가포르의 특허 승인과 더불어 전 세계 8개 지역에서 여러 단계로 진행 중인 다른…
Patent covers Blockchain-Based Incentive Program Technologies and establishes strong position for Loyalty industry applications Loyyal, the industry leader in bringing blockchain technologies to today’s loyalty and incentive programs, announced the award by the Korea Intellectual Property Office of Patent number 10-1955833, for Distributed Ledger Protocol to Incentivize Transactional and Non-Transactional Commerce. This latest addition to Loyyal’s growing portfolio of intellectual property covers incentive and loyalty program implementation methods using distributed ledger protocol systems including blockchain technologies, to incentivize transactional and non-transactional behavior. This same intellectual property along with other associated patents at various stages of approval in over eight territories…
Profit Attributable to Shareholders Increased by 23.9% to a Record High of HK$250.6 Million; Total Dividend Up 18.4% to HK4.5 Cents per Share Jacobson Pharma Corporation Limited (“Jacobson Pharma” or the “Company”; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of generic drugs and proprietary medicines, today announced its annual results of the Company and its subsidiaries (collectively the “Group”) for the year ended 31 March 2019 (the “FY2019”). Financial Review During the reporting period, the Group’s revenue increased by 10.1% to HK$1,704.6 million (FY2018: HK$1,548.7 million). Profit attributable to the shareholders of…
The Indonesian government, through the Ministry of Public Works and People’s Housing (PUPR), has planned to build 732 kilometres (km) of national routes in 2019. The construction includes a toll road reaching up to 218 km in length. This would bring the total length of national roads built between 2015 and 2019 to 4,119 km. While this is excellent news for the country, many have highlighted the economic risks that the current financial structuring of these plans may pose for the economy. Leading infrastructure expert Shadik Wahono claims that to minimize long term financial risk, the government should pay attention…
Hacarus Inc, the leading provider of lightweight and explainable AI, was today awarded the Grand Prize by DS Pharma Animal Health for its innovative AI-enabled technology platform ‘HACARUS.ai’. “It is a great honor to receive this award for our work in creating technology that will improve animals’ lives. Together with DS Pharma, we see a great opportunity to revolutionize animal health diagnostics with our AI technology, making treatment safer, faster and more humane,” said Kenshin Fujiwara, CEO and Founder of Hacarus. DS Pharma Animal Health is Japan’s largest provider of animal health services, supporting some 11,000 animal hospitals and veterinarian…
The Director-General of Investment Promotion of the Hong Kong Special Administrative Region, Mr Stephen Phillips, today (June 24) started his duty visit to Munich and Frankfurt in Germany, Dublin in Ireland, Luxembourg, and Maastricht and The Hague in the Netherlands, as part of Invest Hong Kong (InvestHK)’s continued efforts to promote Hong Kong’s business attractions. During the five-day visit, Mr Phillips will meet with CEOs from various sectors including venture capital, fintech, genetic data, medical technology, aviation, artificial intelligence, co-working space and accelerators, investment promotion agencies and chambers of commerce. He will also speak at the Aviation Finance Festival in…
On Friday, the Financial Action Task Force (FATF) released a new guidance paper covering digital assets and digital asset service providers. This will become part of the FATF Standards, which most of the world’s major financial centres abide by. In the paper, FATF sets out provisions for increasing scrutiny of digital asset transactions. These require a level of information collection, for the purposes of anti-money laundering (“AML”) and counter-terrorism financing (“CTF”), which places a significantly greater level of obligation on entities in the digital asset space than what is currently in place. In particular, entities ranging from digital asset exchanges…
PT Envy Technologies Indonesia Tbk (IDX: ENVY), InfoTech service provider, has announced its initial public offering (IPO) on July 8. ENVY plans to offer 600 million (.6 billion) new shares, or 33% of its increased paid-up capital, including 18 million share Employee Stock Allocation (ESA), together with 1,200 million (1,2 billion) normal shares subsequently offered on the secondary market on behalf of Company shareholders. ENVY plans to register 1,800 million (1,8 billion) ordinary shares on the Main Board of the Indonesia Stock Exchange (IDX) after the IPO on behalf of the issued and fully paid capital. ENVY estimates it will…
FirstHive today announces that Forrester Research, a leading global research and advisory firm, has ranked FirstHive as a Contender in its report “The Forrester New Wave(TM): B2B Customer Data Platforms, Q2 2019.” The New Wave report found that FirstHive “offers robust campaign recommendations and analytics. The solution leverages machine learning to make recommendations for the ideal channel, timing, and offering, based on its assessment of transaction propensity. It also offers a wide range of out-of-the-box data and performance analytics and configurable dashboard widgets.” According to the report, “customers praise FirstHive’s ability to create unified profiles and make recommendations that result…
South Australia’s Department of Planning, Transport and Infrastructure (DPTI) has approved Carboncor, an environmentally friendly cold asphalt premix, for use on roads in the State. The DPTI trialed Carboncor Cold Asphalt on Owen Road at the Templers Road junction MM43.6, north of Roseworthy, Gawler, South Australia, in December last year. A total of 31 metric tons was installed into an area of 210 square meters (m2) at a nominal thickness of 30 millimeters (mm), including a 12 m2 area which required a thickness of 50mm. The road was initially constructed in 1937 and was resealed in 1992. Patch work and…