Author: Marie Jones

A world-class mixed-use development creating a new city landmark BANGKOK – (ACN Newswire) – Dusit Thani PCL, one of Thailand’s foremost hotel and property development companies with 70 years of expertise, and Central Pattana PCL (CPN), Thailand’s largest and most diversified property developer with 40 years of expertise, have officially revealed the creation of their historic collaboration to create a new city landmark, and transform a major Silom-Rama4 intersection into the prime core of the CBD (Super Core CBD), linking 4 key areas of Bangkok with a one-of-a-kind, mixed-use project called ‘Dusit Central Park’. Developed under the concept of ‘Here…

NEW YORK, NY – (ACN Newswire) – via NEWMEDIAWIRE — Tauriga Sciences, Inc. (OTCQB: TAUG) (“Tauriga” or the “Company”), a revenue generating Company that operates through the development, distribution, and licensing of proprietary products as well as the evaluation of potential acquisition opportunities and equity investments, today announced that it has entered into a comprehensive distribution agreement (the “Agreement”) with a well-established Direct Store Delivery (“DSD”) Food Distribution Company with annual revenue in excess of $100,000,000 from its thousands of customers (convenience stores, delis, pharmacies, supermarkets, specialty stores, etc.) in the New York City (“NYC”) Metropolitan Area marketplace (the “NYC Market”). The thrust…

HONG KONG – (ACN Newswire) – Blockpass announced today that Lord Holmes of Richmond MBE will be the Keynote Speaker at its upcoming Blockpass Seminar: Security Tokens. As a passionate advocate of emerging technologies, Lord Holmes brings an enthusiasm for distributed ledger technology and blockchain applications to the already packed programme of speakers. As well as being Britain’s most successful Paralympic swimmer, Chris Holmes is a passionate advocate for the potential of blockchain and other frontier technologies driving the Fourth Industrial Revolution. In 2012, he was Director of Paralympic Integration, responsible for the organisation of the Paralympic Games in London. He is a…

Net Profit in 2018 grew 52.89% Total Assets in 2018 grew 29.65% JAKARTA – (ACN Newswire) – PT WIJAYA KARYA (Persero) Tbk [“WIKA”] announces a net profit of Rp2.07 trillion for financial year 2018, up 52.89% from Rp.1.36 trillion posted in financial year 2017. WIKA’s sales (excluding joint operation projects/KSO) in 2018 were Rp31.16 trillion, a 19.03% increase compared with Rp26.18 trillion achieved in the previous financial year. The largest contributor to revenue was the infrastructure and building sector, followed by energy and industrial plant, industry, and property, respectively. The increase in net profits and sales was due to improved efficiencies in several…

JAKARTA – (ACN Newswire) – Property developer PT Intiland Development Tbk (Intiland; DILD) reported a 16 percent increase in revenue to Rp2.6 trillion in 2018 from Rp2.2 trillion in 2017. The revenue performance was achieved amid an unfavourable property market in 2018. Intiland’s Director of Capital and Investment Management, Archied Noto Pradono explained that the increase in revenue in 2018 was mainly contributed by an increase in development income from the mixed-use and high-rise, landed residential, and industrial estate segments. In addition, the Company has also successfully increased its recurring income. “The increase in revenue was mainly due to recognition of sales from…

HONG KONG – (ACN Newswire) – The leading international engineering contractor, China Machinery Engineering Corporation (“CMEC” or the “Group”, stock code:1829.HK) is pleased to announce the audited consolidated results for the year ended December 31,2018 (“the Reporting Period”). 2018 Annual Results Financial Highlights For the year ended December 31,2018, the Group – Revenue amounted to RMB28,862.6 million, representing an increase of 5.4%; – Net profit attributable to owners of the parent amounted to RMB2,131.5 million, representing an increase of 20.1%; – Basic earnings per share amounted to RMB0.52, representing an increase of 20.9%; – The board recommended that a final dividend of RMB0.2067…

HONG KONG – (ACN Newswire) – Champion Real Estate Investment Trust (stock code: 2778) is pleased to announce the successful signing of HK$5.3 billion five-year unsecured loan facilities with nine leading financial institutions in Hong Kong. The new five-year unsecured facilities comprise of a HK$5.0 billion term loan facility and approximately HK$300 million revolving credit facility, with interest margin of 95 basis points over HIBOR. The refinancing received strong support from the participating banks and resulted in over-subscription. In addition to refinancing the HK$3.7 billion secured loan due this year, the new term loan facility will be used to early refinance HK$1.3 billion…

In Recognition of its Extraordinary Achievements in Asset Management and Diversified Securities Management HONG KONG – (ACN Newswire) – Tonghai Financial has reached new heights of excellence in Financial Services, sweeping two accolades at Financial Services Awards of Excellence 2019 – China Tonghai Asset Management scooped the Awards of Excellence-Asset Management while China Tonghai Securities garnered the Awards of Excellence-Diversified Securities Management. The Award presenting ceremony was successfully held on 29 of March 2019. Mr. Army Yan, Chief Investment Officer of Tonghai Financial attended the award ceremony and accepted the award, says, “The awards honour Tonghai Asset Management with significant recognition and encouragement.…

Profit for the year increased significantly to RMB489.4 million by 234.0% HONG KONG – (ACN Newswire) – The board (the “Board”) of directors (the “Directors”) of DaFa Properties Group Limited (the “Company”, together with its subsidiaries, the “Group”) is pleased to announce the consolidated results of the Group for the year ended 31 December 2018 (Reporting Period). Financial Highlight: – Revenue was RMB5,946.0 million, representing an increase of approximately 30.1% over the same period of 2017 – Profit for the year increased significantly to RMB489.4 million by 234.0% for the year ended 31 December 2018； – Gross profit was RMB1,582.0 million, representing an…

Revenue Up 41% to RMB20.9 Billion and Net Profit Climbs 317% to RMB9 Billion HONG KONG – (ACN Newswire) – Sino Biopharmaceutical Limited (“Sino Biopharmaceutical” or the “Company”, together with its subsidiaries, the “Group”) (HKEX:1177), a leading and innovation-driven pharmaceutical conglomerate in the PRC, has announced its annual results for the year ended 31 December 2018. Results Highlights – The Group’s revenue and net profit significantly increased by approximately 41.0% and 316.7% respectively, mainly due to sustained organic growth of its principal businesses and consolidation of the financial figures of Beijing Tide upon completion of the Acquisition. Excluding the impact of the gain…

Recorded Revenue Reached RMB 54.79 billion Representing a YoY Increase of 7.35% HONG KONG – (ACN Newswire) – Shandong Gold Mining Co., Ltd. (stock code: 1787.HK) is pleased to announce the audited consolidated annual results of the Company and its subsidiaries for the year ended 31 December, 2018. During the Reporting Period, in accordance with the requirements of high quality development, the Company focused on strengthening strategic orientation and tapping into the development potentials. Also, the Company emphasized on quality and efficiency enhancement and increased the development quality, while enhancing enterprise reform and optimizing development mechanism. The Company highlighted conversion of drivers to…

Cambridge, UK – (ACN Newswire) – Cambridge Innovation Capital plc (CIC), the venture capital investor focused on intellectual property rich technology and life science businesses in the Cambridge ecosystem, has completed a funding round of GBP150 million, bringing the total amount of capital raised to date to GBP275 million. The financing was supported by a geographically diverse range of new institutional and strategic investors, with the University of Cambridge and Cambridge University Endowment Fund contributing the cornerstone investment. The financing is one of the largest private financing rounds in Europe this year and more than doubles the financial resources available to CIC. The…

Steadily Develops Traditional Businesses Actively Develops Financial Technology Services HONG KONG – (ACN Newswire) – China Success Financial Group Holdings Limited (“China Success Finance” or the “Company”, together with its subsidiaries the “Group”, stock code: 3623.HK) is pleased to announce its audited annual results for the year ended 31 December 2018. During the year under review, the financial performance of the Group generally improved and recorded a turnaround to profit as compared with the first half of the year. The Group invested resources in transforming its businesses and moderately investing in resources, net income from financial guarantee business achieved a 365.5% increase as…

SINGAPORE – (ACN Newswire) – Biolidics Limited (“Biolidics” or the “Company”), a medical technology company with a focus on cancer diagnostic solutions, is pleased to announce that its laboratory partner in China, Hunan Agen Medicine Laboratory Technology Co., Ltd. (“Hunan Agen Lab”), will start offering the LDTs (related to circulating tumour cells (“CTCs”)) as clinical services to cancer patients, using Biolidics’ ClearCell(R) FX1 System and CTChip(R) FR1 biochips. Serving various hospitals in Hunan Province including two major hospitals, Xiangya Hospital Central South University and Hunan Cancer Hospital, Hunan Agen Lab provides multidisciplinary diagnostics, including clinical cellular and molecular genetics, clinical pathology, clinical immunology,…

MUNICH, GERMANY / ACCESSWIRE – (ACN Newswire) – Hanwha Q-Cells issued a press release on March 25, 2019 following the filing of patent infringement proceedings in the Federal Court of Australia against REC Group, BayWa r.e. Solar Systems, and Sol Distribution. In the claim against REC Group, Hanwha did not provide full particulars of their allegations despite REC Group’s requests for the same and went ahead to commence proceedings in the Federal Court of Australia. Based on REC Group’s preliminary analysis of Hanwha’s complaints and the asserted patent, REC Group is confident that it does not infringe Hanwha’s patent, and will vigorously defend…

Steady Rises in Revenue and Profit, With Profit Reaching RMB167.2 Million and Final Dividends of RMB0.06 Per Share (Tax Inclusive) HONG KONG – (ACN Newswire) – Luzhou Xinglu Water (Group) Co., Ltd.* (“Xinglu Water” or the “Company”, stock code: 2281) announced the audited consolidated results for the year ended 31 December 2018 (the “Reporting Period”). During the Reporting Period, the Company posted revenue of RMB1,218 million, up 12.6% year-on-year; profit of RMB167 million, up 17.2% year-on-year; profit attributable to owners of the Company of RMB154 million, up 17.4% year-on-year; basic earnings per share of RMB0.18, up 12.5% year-on-year. The Company proposed the payment…

Net Loss Declines More Than 90% to HK$7.38 Million HONG KONG – (ACN Newswire) – Rare earth and refractory materials manufacturer China Rare Earth Holdings Limited (“China Rare Earth” or the “Group”) (stock code: 769) reported a net loss of HK$7,376,000 for the year ended 31 December 2018, representing a sharp decline of more than 90% relative to HK$84,781,000 last year and reflecting a significant improvement in the Group’s operation. Financial Highlights 2018HK$’000 2017HK$’000 Change Rare Earth Segment Revenue 554,515 386,533 +43% Refractory Materials Segment Revenue 347,580 250,629 +39% Total Revenue 902,095 637,162 +42% Net Loss 7,376 84,781 -92% Loss Per Share 0.23…

Scientific and Technological Innovation Development Enhances Sustainable Development HONG KONG – (ACN Newswire) – TravelSky Technology Limited (“TravelSky” or the “Group”; HKEX stock code: 00696), a leading provider of information technology solutions for China’s aviation and travel industries, announced its audited annual results for the year ended 31 December 2018. In 2018, the total revenue of TravelSky amounted to RMB7,472.1 million, representing an increase of 11.0% year-on-year. Profit before taxation increase 0.7% to RMB2,650.4 million. Profit attributable to the owners of the Company increase 3.4% to RMB2,325.1 million. Basic and diluted earnings per share were RMB0.79. The Board of Directors recommended a final…

Thailand-based global hospitality company on course to become one of the largest international hotel operators in the Philippines by 2021 BANGKOK – (ACN Newswire) – Dusit International, one of Thailand’s leading hotel and property development companies, is set to expand its presence in the Philippines this month with two hotels opening over two days – each offering special opening rates. On 29 March 2019, Dusit will open the five-star Dusit Thani Mactan Cebu in a beachside location on the scenic Punta Engano peninsula of Mactan island, approximately 10 kilometres from Cebu City in the…

Five Segments of Strategic Investments Recorded Profits; Breakthroughs of Building Pillar Assets HONG KONG – (ACN Newswire) – Legend Holdings Corporation Limited (“Legend Holdings” or the “Company”; stock code: 3396.HK) today announced the audited annual results for the year ended December 31, 2018 (the “Reporting Period”). During the Reporting Period, the revenue of the Company increased by 13% year-on-year to RMB358.92 billion. The net profit attributable to equity holders of the Company decreased by 14% to RMB4.362 billion, mainly caused by the decrease in the fair value of the financial assets invested as financial investments businesses were impacted by capital market. The basic…