AVAR 2023, the 26th annual cybersecurity conference organized by AVAR, will be hosted in Dubai at the Hotel Grand Hyatt Dubai from November 28 to November 30, 2023. The conference is hosted in the Middle East for the first time and the United Arab Emirates has been chosen as the venue as it is a critical hub of economic activity, digital transformation, and cyber security initiatives, with expected Information and Communications Technology (ICT) expenditure of $23 billion in 2024 and a cyber security market of AED 1.8 billion. H.E Dr. Mohamed Al Kuwaiti, Head of Cyber Security, United Arab Emirates…
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Varia Berhad (“Varia” or the “Group”), an experienced player in the field of construction, property investment, and property development, heralds a new era with a substantial upswing in Q2 FY2024 financial performance and strategic corporate developments. The Group’s transformative steps include the acquisition of Pembinaan Teguh Maju Sdn Bhd (“PTM”) and a dynamic rebranding to Varia Berhad. Datuk Benson Lau, Managing Director of Varia In Q2 FY2024, Varia Berhad recorded a substantial increase in revenue and profit. Revenue surged by 156% to RM20.47 million, with a profit before tax (PBT) of RM1.24 million, representing an impressive turnaround from the previous year’s…
Strategic Expansion and Diversified Services Propel Daythree Financial Success Daythree Digital Berhad (Daythree or the Group), a leading Global Business Services (GBS) provider, has announced a robust year-to-date (YTD) revenue of RM66.3 million, eclipsing the total revenue of RM65.1 million for FY2022. This impressive performance is anchored by the Energy and Utilities segment, contributing RM28.9 million, or 43.6% of the total revenue, demonstrating Daythree’s resilient revenue growth amidst challenging market conditions. Daythree reported a gross profit of RM5.0 million in Q3, down from RM6.3 million in the preceding quarter. This is primarily attributed to an increased in people costs associated…
Synergy House Berhad (“Synergy House” or the “Group”), a cross-border e-commerce seller and furniture exporter of ready-to-assemble (“RTA”) home furniture, today announced outstanding financial results for the third quarter ended 30 September 2023 (“3Q FY2023”). Executive Director of Synergy House, Mr. Tan Eu Tah In a remarkable display of growth, the Group reported a robust revenue of RM69.2 million and profit after tax (“PAT”) of RM8.1 million for 3Q FY2023, indicating significant quarter-on-quarter improvements. This exceptional performance for the current quarter is largely attributed to Synergy House’s business-to-consumer (B2C) sector’s improved margins, along with the strong growth in its business-to-business (B2B)…
Hot Air Balloon Ride Takes Center Stage at the 2-Day Youth Festival SPRITZER BERHAD is set to transform the cityscape into a playground of creativity and self-expression with the launch of its exciting youth festival, “So Tinge! YouthTopia, Unlock Imaginasimu” at Lalaport Rooftop, Bukit Bintang. The highlight of the festival is an uplifting Hot Air Balloon Ride that will set the stage for a weekend of unforgettable Instaworthy moments and fun experiences. To kick off this festival, participants will soar above the city and embrace the opportunity to literally “lift themselves up”. The festival encourages attendees to unleash their playful side…
Robust Leasing Initiatives Boost Portfolio Occupancy Rate to 87.7% – Revenue recorded at RM27.8 million and NPI of RM15.4 million – Diversification Strategy: Pioneering Beyond Retail – Proposed Acquisition of KYSM, a leading private school in Melaka – Honoured with two Gold Awards at The Edge Malaysia ESG Awards 2023 – Positive Rental Reversions continue to lead to improvement Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), today reported a resilient financial performance for the third quarter ended 30 September 2023 (Q3 2023). The REIT showcased a sustained commitment to financial stability and…
OrbusNeich Medical Group Holdings Limited (OrbusNeich or the Group; HKG: 6929), a major global medical device manufacturer specializing in interventional devices for percutaneous coronary intervention (PCI) and percutaneous transluminal angioplasty (PTA) procedures, today announced the acquisition of 100% interest in Eucatech AG, a German company principally engaged in the development, manufacture, and sale of minimally invasive cardiovascular and endovascular projects, for EUR2,400,000. Upon completion of the acquisition, Eucatech AG will become a wholly-owned subsidiary of the Group. Mr. David Chien, Chairman, Executive Director and Chief Executive Officer of OrbusNeich, said, “We are pleased to announce the acquisition of Eucatech AG,…
Verofax a compliance and commerce SaaS solution provider has been selected among the top Future50 climate tech start-ups by PwC Middle East to help enterprises’ accelerate on their path to Net Zero. PWC had scoured the region and short-listed from 500 businesses across 11 categories of impact. Verofax was selected among top 6 Climate Change Management and Report (CCMR) startups for its sustainable traceability solution to help decarbonize industries and enable validated exports in line with recent regulations like EU’s Carbon Border Tax (CBAM). PwC Middle East revealed the 50 pioneering start-ups in the Middle East at Net Zero Future50’…
Rover Metals Corp. (TSXV:ROVR)(OTCQB:ROVMF)(FSE:4XO) (Rover or the Company) is pleased to announce it has conducted a successful meeting with the Bureau of Landa Management (BLM) and numerous other U.S. government agencies to discuss the Project Description for the Let’s Go Lithium (LGL) project. Rover updated the original project description to address environmental concerns expressed by the agencies. The Project Description, is in effect, an executive summary of the Company’s Plan of Operations (the Plan) for the LGL project. The meeting was held to solicit feedback as the Company moves to finalize its Plan. LGL Plan of Operations Rover has been…
Social Links, a leading open-source intelligence (OSINT) software provider, introduces SL Crimewall, a cutting-edge OSINT investigation platform designed to simplify the entire intelligence cycle, from data extraction, through visualization and processing, to the final report. SL Crimewall delivers the seamless integration of real-time data from over 500 open sources, including social media, messengers, blockchains, and the Dark Web. The intuitive interface is designed with a big emphasis on user-friendliness and collaboration, and enables users of all levels to streamline investigation workflows, and dramatically reduce routine work. Skilled professionals can use Script Builder to create custom scripts, while less experienced users can…
Industry elites share insights and collaborate for business opportunities The annual flagship event in the logistics, maritime, aviation and supply chain industry, the Asian Logistics, Maritime and Aviation Conference (ALMAC) 2023, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), concluded successfully after two fruitful days. This year, near 80 experts and industry leaders in shipping, air transport, logistics and supply chains participated in 20 thematic forums, sharing insights on hot topics in the industry. The conference attracted over 2,000 participants from 36 countries and regions, providing a platform…
In a historic development, the Government of Guyana, alongside the Guyana Innovation Group (GIG) and the University of Miami, has announced a transformative agreement for developing the Masterplan for Silica City. This pioneering urban project, designed to become a future city for the nation, is positioned on an 11,000-acre area near the Guyana International Airport. Conceived by the University of Miami’s School of Architecture, the Masterplan will integrate advanced technology, sustainable practices, and a vibrant lifestyle, symbolizing a new era in city design. Silica City aspires to be a model of sustainability, resilience, and futuristic thinking. President Irfaan Ali’s vision…
Continuing to Drive Hong Kong’s Industrial Revitalization Process The Federation of Hong Kong Industries (FHKI) hosted the 2023 Young Industrialist Awards of Hong Kong (YIAH) and Industrialist of the Year (IOY) Award presentation ceremony on November 17th. Mr. Michael Wong, the Acting Financial Secretary of the HKSAR Government, attended the ceremony as the Guest of Honour. Dr. Chow Bok-Hin Felix, Executive Director and CEO of Niche-Tech Semiconductor Materials Limited (together with its subsidiary referred to as Niche-Tech, HKG: 8490), was honored with the Young Industrialist Awards of Hong Kong 2023. This recognition reflects the market’s acknowledgment and confidence in the…
Net Profit Triples to HK$62.5 Million Interim Dividend of HK3.45 cents per share Strong Revenue Growth and Improved Margins Driven by Effective Brand Management Strategies Amid Market Recovery JBM (Healthcare) Limited (BM Healthcare or the Company; HKG: 2161, together with its subsidiaries, the Group), a leading branded healthcare products marketer and distributor in Hong Kong, today announced the interim results of the Group for the six months ended 30 September 2023 (the Reporting Period). KEY HIGHLIGHTS Revenue up by 38.0% to HK$326.8 million Gross profit increased by 100.1% to HK$171.1 million Profit attributable to equity shareholders almost tripled to HK$62.5…
Uses the SOC4Future framework, AI-driven capabilities, and enhanced AI-red/blue cybersecurity practices to modernize enterprises’ resilience for the cyberthreats CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (HKG: 1883), is proud to announce the launch of TrustCSI™ 3.0, a groundbreaking cybersecurity solution that uses AI to revolutionize Security Operations Center (SOC) and helps companies to operate securely in the intelligence era. Powered by its unparalleled experience in cybersecurity and forward-thinking SOC4Future strategy, which reshapes the core capabilities of SOC, TrustCSI™ 3.0 transforms cybersecurity from passive defense to proactive guardianship, enabling enterprises stay…
KJTS Group Berhad (“KJTS” or the “Company”) and its subsidiaries (collectively referred to as “KJTS Group” or the “Group”), a building support services provider in Malaysia, Thailand and Singapore, are pleased to announce its approval to list on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Malaysia”). The Company is set to offer a total of approximately 218.03 million new ordinary shares, representing 31.69% of its enlarged issued share capital of 688.00 million ordinary shares, in its upcoming initial public offering (“IPO”). Since 1984, KJTS Group has evolved significantly over the years. The leadership of the current management team of…
India’s ascent to a global innovation epicenter is a testament of government initiatives such as AatmaNirbhar Bharat and ‘Make in India’, encouraging and driving the nation’s digital transformation. India’s digital landscape and swift adoption of groundbreaking, next-generation solutions are fundamentally reshaping its economic landscape. Celebrating this burgeoning ecosystem, the inaugural DATE (Digital Acceleration and Transformation Expo) is bringing together India’s most influential and innovative technology leaders, start-ups, investors, enterprise decision makers and policy makers, on 23rd and 24thNovember 2023 at the iconic Yashobhoomi (IICC Dwarka) in New Delhi. Shri Yaduveer Krishnadatta Chamaraja Wadiyar, Chairperson of Cyberverse Foundation, a Strategic Partner…
The 42nd Session of the General Conference of UNESCO, held in UNESCO Headquarters in Paris on November 7-22, has generated positive results for Indonesia. During the election of Members of the Executive Board of UNESCO on November 15, Indonesia was voted by 154 out of 181 countries and elected as the board’s member for the 2023-2027 period. Indonesia competed with eight other countries in the Asia-Pacific region for six allocated seats in electoral group IV for the UNESCO Executive Board. The eight countries are Afghanistan, Australia, Bangladesh, Iran, Kyrgyzstan, Pakistan, South Korea and Sri Lanka, and the six elected included…
Industry titans gather to seize opportunities and plan green, efficient supply chains The 13th edition of the Asian Logistics, Maritime and Aviation Conference (ALMAC) 2023, jointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and Hong Kong Trade Development Council (HKTDC), commenced today (21 November) at the Hong Kong Convention and Exhibition Centre. This annual gathering for the logistics, maritime and aviation sectors attracts industry professionals from around the world. Themed Future-proofing Supply Chains: Diversification – Decarbonisation – Digitalisation, the conference draws nearly 70 speakers to share their insights in 20 forums, fostering exchange and discussion on…
Kingsoft Office Group Focuses on AI and Collaboration Online Games Business Continues to Iterate on High-Quality Games Kingsoft Corporation Limited (Kingsoft or the Company, HKG: 3888), a leading Chinese software and internet service company, has announced its unaudited quarterly results for the three months ended 30 September 2023 (period under review). For the third quarter of 2023, Kingsoft’s total revenue reached approximately RMB2,059.7 million, representing an increase of 12% from the same period last year. In particular, revenue from the office software and services business amounted to approximately RMB1,098.3 million, representing a year-on-year increase of 9% and accounting for 53%…