Dhaka and Tokyo – (ACN Newswire) – Prime Bank Limited (Prime Bank), a major commercial bank in Bangladesh, and JCB International (JCBI), the international operations subsidiary of JCB Co., Ltd., announced that Prime Bank has launched the first JCB Platinum Credit Card in Bangladesh. Prime Bank and JCBI have been developing their partnership since entering an acquiring license agreement in April 2013, and starting issuance of JCB Credit Card and Debit Card in Bangladesh in June 2014. Senior Executive Vice President of Prime Bank, Mr. ANM Mahfuz said, “We are excited to be a part of this milestone in our…
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HONG KONG – (ACN Newswire) – Emperor International Holdings Limited (“Emperor International”) (Stock code: 163) is pleased to announce the signing of a 5-year unsecured club loan facility agreement amounting to HK$2,600 million (the “Club Loan”) with eight large-scale banks. The relevant proceeds will be used for refinancing its existing debts and general working capital purposes. Riding on the well-established reputation of “Emperor”, the participating banks of the Club Loan cover Hong Kong and Macau, which include Bank of China Macau Branch, Bank of Communications Co. Limited Hong Kong Branch, China Construction Bank (Asia) Corporation Limited, The Bank of East Asia,…
Net Profit Increases by 118.6% to Approximately RMB208,000,000; Achieves Significant Progress in Attracting Investors; Enters MSCI Global Small Cap Index HONG KONG – (ACN Newswire) – Sheng Ye Capital Limited (“Sheng Ye Capital” or the “Group”; Stock code: 8469), a specialized enterprise financial services provider offering accounts receivable financing and other related solutions mainly in the energy, construction and medical sectors in China, has announced its annual results for the year ended 31 December 2018 (“FY2018”). During FY2018, the Group made total factoring income of approximately RMB470 million (2017: RMB215 million). The increase was due mainly to the Group’s effort in expanding the…
Annual gathering aims to help CRE practitioners optimise opportunities amidst evolving workplace expectations, rapid digital transformation and geopolitics HONG KONG – (ACN Newswire) – CoreNet Global, the world’s leading corporate real estate (CRE) association, will be hosting the 2019 CoreNet Global Summit in Hong Kong, 12-14 March, at Kowloon Shangri-la. Themed “Experience Matters: It’s not just Business, It’s Personal”, the summit aims to guide corporate real estate (CRE) practitioners on how CRE leads, creates and fosters experiences that enable business success, including increased productivity, appeal, innovation and profit. The rise of the millennial has brought about shifts in workplace expectations, with autonomy, flexibility…
HONG KONG – (ACN Newswire) – Steve Leung Design Group Limited (“SLD Group” or the “Group”; HKEX stock code: 2262), an award-winning and internationally renowned interior design services and interior decorating and furnishing services provider headquartered in Hong Kong, today announced its first annual results, for the year ended 31 December 2018 (the “Year”), since its listing on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) on 5 July 2018. In the Year, the volatile global economy, weak investment sentiment and continuous implementation of stringent regulatory control on the PRC property market led to a conservative capital market within…
LUXEMBOURG / ACCESSWIRE – (ACN Newswire) – OnMiners S.A. ( www.OnMiners.com ) is pleased to announce the official launch of their powerful endothermic cryptocurrency mining rigs with features to take the global crypto mining space by storm. The company informs that their just launched multi-algorithm miners offer the biggest hash rates available in the market, while minimizing power consumption, noise, and heat generation. OnMiners currently offers three mining rigs viz. On2U, On4U, and OnTower, all capable of mining Bitcoin, Litecoin, Ethereum, Monero, Dash, and Zcash. All these units come pre-configured, allowing users to start mining immediately just by plugging in. Hash rate is the most…
Develop Radio / Television Program and Film Production Businesses in China Achieve Synergy HONG KONG – (ACN Newswire) – Leyou Technologies Holdings Limited (“Leyou Technologies”, and its subsidiaries collectively “the Group”; stock code: 1089), announced that the Group has entered into an investment agreement (“Investment Agreement”) with Chengyou (Shanghai) Development Company Limited (“Chengyou”), to develop radio / television program and film production businesses, broadening income source and bring synergies to its existing game development and publishing business of the Group. According to the Investment Agreement, Famous Champion Limited (“Famous Champion”), an indirect wholly owned subsidiary of Leyou Technologies will subscribe for approximately 70%…
MUNICH – (ACN Newswire) – REC Group has learned from media reports circulating since March 5, that Hanwha Q-Cells has filed lawsuits against REC Group in the US and in Germany based on alleged patent infringement and has approached REC Group’s customers around the world with these accusations. A preliminary investigation with Germany’s regional Dusseldorf court (the “Court”) on March 6, reveals that court fees have not been paid by Hanwha Q-Cells. Therefore, the action has not officially commenced in Germany. As the Court has not served the action, REC Group is unable to examine the alleged claims. As an innovative company which…
HONG KONG – (ACN Newswire) – Blockpass IDN Limited has announced the addition of IDEX to its extensive roster of partners. IDEX is an Ethereum-based decentralized exchange that features Ethereum and ERC20 token trading pairs. IDEX provides traders with both smart contract security and real time trading experience providing the speed of centralized exchanges combined with the security and auditability of the Ethereum Blockchain. Blockpass is a digital identity application and service which brings control back to the user. Blockpass provides a streamlined and cost-effective user onboarding process for regulated industries and any kind of online service. From the Blockpass Application, users can…
China to nurture commodity markets, develop platform economy. Zall will further develop its businesses on this uptrend. HONG KONG – (ACN Newswire) – New businesses and new models are emerging with the wide application of modern information technology, including Internet of Things, big data and artificial intelligence, in the field of circulation and production. The ‘platform economy’ is an example of circulation and production activity facilitated by platforms in the environment of big data. China will facilitate the development of a platform economy by fostering a batch of 100-billion-yuan commodity markets in 2020, according to the “Guideline” jointly released by the…
Top-notch educators explored ways to tackle future challenges through education HONG KONG & CAMBRIDGE, UK – (Media OutReach) – The Yidan Prize Foundation and Jesus College, the University of Cambridge brought globally renowned speakers to the Yidan Prize Conference Series: Europe on 4 March to discuss how education can be improved to better meet the challenges of tomorrow. The conference debated what makes a great education, discussed the role of NGOs, assessments, EdTech and data. Findings of the 2018 Worldwide Educating For the Future Index (WEFFI), commissioned by the Yidan Prize Foundation and compiled by the Economist Intelligence Unit…
The JV – SBI Payment Services Pvt. Ltd. (SBIPSPL) – to boost digital payments MUMBAI, INDIA – (JCN Newswire) – State Bank of India (SBI) and Hitachi Payment Services Pvt. Ltd., a wholly owned subsidiary of Hitachi, Ltd., announced the launch of merchant acquiring joint venture, SBI Payment Services Pvt. Ltd. (SBIPSPL) in Mumbai, for establishing a state-of-the-art digital payments platform for India and other countries in the region. This Joint Venture will facilitate expansion of the digital payments landscape in India by creating a state-of-the-art digital payments platform that will enable offering of innovative products to suit the requirement of all segment…
HONG KONG – (ACN Newswire) – Ebury Partners Limited (“Ebury” or the “Group”), a global transaction specialist and a flexible lending solutions provider to businesses, are very pleased to announce that Mr. Edmond Tam, former Sales & CRM Director of Western Union Business Solutions, has been appointed as the Managing Director of the Group’s Hong Kong Division – Ebury Partners Hong Kong Ltd, with immediate effect. Mr. Edmond Tam has over 18 years’ experience in the foreign exchange market. He previously served as the Sales & CRM Director at Western Union Business Solutions responsible for driving…
Fueled by New Cordless Products HONG KONG – (ACN Newswire) – Hong Kong-based global power equipment and floor care company Techtronic Industries Co. Ltd. (“TTI” or the “Group”) (stock code: 669, ADR symbol: TTNDY) announced its results for the financial year ended December 31, 2018. The Group’s total revenue increased for the ninth consecutive year by 15.8% over the previous period to US$7.02 billion. Every geographic region generated exceptional growth powered by a stream of exciting new cordless products. The gross margin continued to improve from 36.7% in 2017 to 37.2% in 2018 driven by new product, mix, volume and productivity. EBIT increased…
The Payment Segment Focuses on Offline Scenario-based Strength, Technology Output Capabilities Steadily Holds in the Payment Industry HONG KONG – (ACN Newswire) – A leading payment & finance solutions provider in China, Hi Sun Technology (China) Limited (the “Company”; Stock code: 818.HK), announced the audited consolidated results of the Company and its subsidiaries (the “Group”) for the twelve months ended 31 December 2018 (the “Reporting Period”). Results Highlights 1. During the year, the Group’s payment processing solutions segment continued to perform well, with annual accumulated transaction volume over 1,630 billion, increased by over 40% compared with last year. Accumulated active domestic merchants exceeded…
Meizhu He, co-founder and president of Ezen Technology Co., Ltd., Shenzhen in 2014. SHENZHEN, CHINA – (ACN Newswire) – Meizhu He, co-founder and president of Ezen Technology Co., Ltd., aims to improve wireless signal coverage and data quality for mobile phones, to improve phone calls and surf the internet faster. Ms. He has fifteen years of work experience in wireless, electronics and the Internet industry. She founded Ezen in Shenzhen in 2014. She says Ezen is continually honing its technological edge with the goal of delivering the best products, with the highest quality, every time. Ezen’s main products include the Mobile Signal Repeater…
HONG KONG – (ACN Newswire) – YY Inc. (NASDAQ: YY) (“YY” or the “Company”), a leading live streaming social media platform in China, today announced its recent acquisition of the remaining approximately 68.3% of all the issued and outstanding shares of Bigo Inc (“Bigo”) from the other shareholders of Bigo, including Mr. David Xueling Li, Chairman and acting CEO of YY, for an aggregate purchase price of US$1,452,778,383, comprising of US$343,061,583 in cash, 38,326,579 Class B common shares of YY issued to Mr. Li and 313,888,496 Class A common shares of YY issued to Mr. Li and other selling shareholders of Bigo. Prior…
HONG KONG – (ACN Newswire) – GTI Holdings Limited (“GTI” or the “Group”; Stock Code: 03344.HK) announced that the Group has entered into the MOU with Hong Kong’s leading textile company Constant Gain International Limited (“Constant Gain”) and reached a strategic cooperation initially. The cooperation will further strengthen the competitive advantages on textile as a core business of the Group, as well as the Group’s leading position in the industry. Constant Gain is a limited company incorporated in Hong Kong. The company is principally engaged in the business of manufacturing, research and development and design, whole sale and trading. It mainly sales and…
TOKYO & MANILA – (ACN Newswire) – Robinsons Bank Corporation (Robinsons Bank), a fast growing bank under JG Summit Holdings, Inc., one of the biggest conglomerates in the Philippines, and JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., have forged a new partnership for JCB merchant acquiring and card issuing business. The partnership allows the acceptance of JCB cards at merchants that use Robinsons Bank payment terminals and payment gateway at their place of business. Robinsons Bank is focused on delivering high quality payment solutions not only for the JG Summit conglomerate but also for other service providers…
HONG KONG – (ACN Newswire) – Mitsui & Co., Ltd. (“Mitsui”), GCL-Poly Energy Holdings Limited (“GCL-Poly”) and eVolution Networks (now part of eVolution Innovation Group,) today announced the establishment of a joint venture company named Evolution Energy Limited (“eVolution Energy”) to redefine AI technology for Power Grids infrastructure with aim to improve the grid loss and performance. eVolution’s AI algorithms collects massive data from grid elements to learn their patterns and predict real-time demand, in order to optimize equipment usage and reduce gird loss. This advanced learning will reshape the way the grid operates and provide power companies a giant leap into the…