Both PBT and PAT increased by 114.8% and 116.5% respectively as compared to Q3FY16. The Company is newly listed on Bursa Malaysia as the largest IPO by Market Capitalisation since May 2015. KUALA LUMPUR — Serba Dinamik Holdings Berhad (“Serba Dinamik Holdings” or the “Company”), is a recent debut on the Main Market of Bursa Malaysia on 08 February 2017. The Company’s Initial Public Offerings (“IPO”) is also known as the largest IPO by market capitalisation since May 2015. Serba Dinamik Holdings, together with its subsidiaries (“Group”), an energy engineering services provider to the oil and gas (“O&G”) and power…
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Marriage of Strengths to Develop High-Quality Financial Services HONG KONG — Neo Telemedia Limited (“Neo Telemedia” or the “Group”; stock code: 8167) announced that it has signed a non-legally binding, save for the confidentiality clause, strategic cooperation memorandum of understanding (“MOU”) with China Taiping Life Insurance (Hong Kong) Company Limited (“TPLHK”) on 27 February 2017. The two companies agreed in principle to actively explore different forms of cooperation and jointly develop financial business. As one of the professional life insurance subsidiaries of China Taiping Insurance Holdings Company Limited (“China Taiping”), TPLHK manages the operation of China Taiping’s life insurance, annuity life…
Focuses on Developing Hong Kong Capital Market and Unleashing Potential Value HONG KONG — China New Town Development Company Limited (the “Company” or “CNTD”; HKEX: 1278.HK), which just completed delisting from the Main Board of SGX-ST to focus on the Hong Kong capital market, yesterday hosted the market open ceremony at the Hong Kong Stock Exchange with its controlling shareholder CDB Capital, China Development Bank Hong Kong Branch and representatives of its partners as witnesses. With its capital structure optimized after the delisting and the support of its formidable shareholder China Development Bank, CNTD looks forward to better realizing the…
NEW YORK, NY — Loyyal, the leading blockchain network for the loyalty and rewards industry, today announced a client and value-added reseller relationship with Quidam Ltd., an Asia-based (Hong Kong) provider of next generation data brokering and analytics solutions based on A.I. and blockchain technology for the media industry. As a client, Quidam will run a number of pilots on the Loyyal platform, testing and leveraging the unique capabilities of blockchain technology for the delivery of its services as a digital marketing agency to its clients. The pilots discussed focus on mass media and global gaming companies and will become available…
Tsukuba, Japan — Researchers developed a semi-transparent organic solar cell that achieves better efficiency and transparency than existing ones, according to a recent study in the Science and Technology of Advanced Materials (STAM). Semi-transparent organic solar cells (OSCs) have potential for providing low-cost, large-area energy conversion devices for various applications such as windows, roof covers and greenhouses. However, it is challenging to achieve semi-transparent OSCs with high power conversion efficiency (PCE) and high transparency at the same time. Usually, the active materials of OSCs consist of a binary blend of a visibly absorbing donor polymer and a fullerene acceptor. The average…
Individual gold nanorods could be used to develop smaller, portable mercury sensors that test for the highly toxic metal in air, soil and water. Tsukuba, Japan — Mercury is harmful even in small amounts. Detecting it currently requires expensive equipment. Researchers are working on a faster and cheaper alternative: a portable sensor that can perform a rapid analysis in the field. The key is finding something small and accurate enough to do the job. For many years, scientists have studied tiny gold nanorods for making smaller mercury sensors. Recently, a team from the Tyndall National Institute based at University College Cork…
Projecting 650,000 Passengers in 2017 JAKARTA — The national flag carrier Garuda Indonesia, in a joint press conference with Tourism Australia, announced that it will increase seasonal flight frequencies on the Jakarta – Australia routes from 4 to 5 flights per week and Bali – Australia routes from 6 to 7 flights per week from May until October 2017. This comes on the back of strong visitor arrivals from Indonesia to Australia in 2016 and improved route performance supported by its successful partnership campaign with Tourism Australia. Through the addition of the Australian frequency, Garuda Indonesia targets a growth rate of…
HONG KONG — Flying Financial Service Holdings Limited (Stock Code: 8030.HK) (“Flying Financial” or “Company” and its subsidiary companies called “Group”) was pleased to announce that Based on the preliminary assessment of the unaudited consolidated management accounts of the Group for the year ended 31 December 2016, it is anticipated that the Group’s consolidated profit attributable to owners of the Company for the year ended 31 December 2016 would increase significantly by approximately 140% as compared to the corresponding period in 2015. The rise in consolidated profit attributable to owners of the Company was primarily attributable to (i). investment income of…
Tanaka Precious Metals has the world’s highest volume of shipments of electrode catalysts for fuel cells. Tanaka will exhibit electrode catalysts for fuel cells and other leading products for the hydrogen and fuel cell markets. (*Source: Current Conditions in and Future Outlook for the Environment and Energy Catalyst Market in 2015; issued by Fuji Keizai) TOKYO — Tanaka Holdings Co., Ltd. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Akira Tanae) today announced that Tanaka Precious Metals, Tanaka Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Akira Tanae), which operates the Tanaka Kikinzoku…
Featuring about 2,580 Exhibitors from around the World; Together with the International Diamond, Gem & Pearl Show the world’s largest jewellery marketplace is formed in Hong Kong HONG KONG — The 34th Hong Kong International Jewellery Show opened today and runs through 6 March at the Hong Kong Convention and Exhibition Centre (HKCEC). Organised by the Hong Kong Trade Development Council (HKTDC), the show features about 2,580 exhibitors from 39 countries and regions. They are showcasing a wide range of finished fine jewellery, including top-tier jewellery pieces, famous brands, new designer collections, as well as collectable jewellery art pieces and antique…
Senior appointment part of regional expansion by communications group KUALA LUMPUR — The WeR1 group, with offices in Singapore, Kuala Lumpur and Hong Kong handling boutique PR and investor relations services, has named Mr Justin Then as Managing Director and equity partner of its Malaysian operations, WeR1 Communications Sdn. Bhd. A notable PR practitioner, Mr Then was previously Managing Director at Hill+Knowlton Strategies Malaysia, where he headed up the local operations of the global PR firm for over three years. He was credited with delivering consistent growth and profitability during his tenure, as well as enhancing the company’s portfolio of clients.…
Enables Entrance to U.S. Healthcare Market Immediately; Creates Synergies with Existing Products and Increase Competitive Advantage HONG KONG — PuraPharm Corporation Limited (“PuraPharm” or the “Group”, HKEX: 1498), a leading Hong Kong-based Chinese medicine company specialising in the research and development, production and sale of Concentrated Chinese Medicine Granules (“CCMG”) products under the “Nong”s” brand, has announced that its indirect wholly-owned subsidiary has entered into a Stock Purchase Agreement on 3 March 2017 to acquire all the issued and outstanding share capital of K’An Herb Company Inc. (“K’An Herb”), a company principally engaged in manufacturing of Chinese herbal formulas in the…
SEOUL, KOREA – Suprema, a global leader in biometrics and ID solutions, announced that the company’s SFU-S20 fingerprint modules are integrated in the new BioWolf LE, a rugged tablet PC from BioRugged. SFU-S20 is a FBI PIV and FAP20 certified USB fingerprint scanner designed to provide high-level biometric security solution for identity management applications. Protected by IP65-rated rugged structure, SFU-S20 features slim optical sensor with larger platen and latest anti-spoofing (live fingerprint detection) technology. BioWolf LE is a rugged and versatile biometric table PC developed for various application including voter registration, logistics, health care, industrial protection and banking. Along with…
Sydney, Aus — Frost & Sullivan today released its latest white paper, ‘Asia: Preferred Destination for Clinical Trials’, with Asia Pacific specialist CRO Novotech. Research from the new white paper revealed Asia is quickly becoming a clinical research powerhouse; facilitated by the availability of vast treatment-naive patient pools, exceptional clinical infrastructure and talent, and low operational costs. Commenting on the white paper, Novotech CEO Dr. John Moller said “Asia is an increasingly attractive destination for our biotech clients. The huge patient pools available in Asia are mainly concentrated in easily accessible urban areas, meaning that trials tend to recruit faster. In…
SINGAPORE — Mainboard-listed Sunpower Group Ltd. (“Sunpower” or “the Group”), a China-based heat transfer technology specialist engaged in the design, R&D and manufacture of energy-efficient and environmental protection equipment for diverse industries, reported growth in both its top and bottom line for the financial year ended 31 December 2016 (“FY2016”). Revenue grew 13.3% year-on-year (“yoy”) to RMB1,626.2 million and profit attributable to shareholders surged 74.4% yoy to RMB142.2 million for FY2016. Revenue grew 13.3% yoy mainly due to higher contribution from the EPC Integrated Solutions Systems and Environmental Equipment Manufacturing segments. Gross profit increased by 27.5% to RMB408.3 million for FY2016…
1,900+ Exhibitors Showcase Dazzling Collections at AsiaWorld-Expo; International Jewellery Show to Open on Thursday at HKCEC HONG KONG — The International Diamond, Gem & Pearl Show opened today and continues through 4 March at the AsiaWorld-Expo. This fourth edition of the show, organised by the Hong Kong Trade Development Council (HKTDC), welcomes more than 1,900 exhibitors from 39 countries and regions to showcase raw jewellery materials including quality diamonds, precious gems, semi-precious stones and exquisite pearls. On Thursday (2 March), the 34th HKTDC Hong Kong International Jewellery Show will begin its five-day run at the Hong Kong Convention and Exhibition…
Expansion of Colt IQ Network to Hong Kong sets a new standard for 100Gbps services Hong Kong and Tokyo – Colt, the global high bandwidth network provider, today announced its plan to launch high-bandwidth services in Hong Kong by July 2017 – the latest expansion of the Colt IQ Network. The expansion aims to meet rapidly rising demand for bandwidth, as well as the growing need for on-demand services and network flexibility – particularly from Hong Kong-based companies in the financial sector, as well as businesses with high-bandwidth requirements linked to the Internet of Things (IoT), fintech and Big Data. The…
BANGKOK — SET-listed digital finance firm Group Lease Public Company Limited (GL) has decided to set up an investments and financial services company in Cyprus to spearhead its expansion into Eastern Europe, Africa and Latin America. Cyprus has been chosen as the springboard for GL’s global expansion because of its strategic location; it is a member of the European Union (EU) which is well known for its favorable taxation, legal and financial regimes making it ideal for GL to use as a center to raise funds and expand globally. The strategic plan on global expansion came after GL has achieved historical-high…
Tsukuba, Japan – Korean researchers are improving the fabrication of transistor-based biosensors by using silicon nanowires on their surface. The team, led by Won-Ju Cho of Kwangwoon University in Seoul, based their device on the ‘dual-gate field-effect transistor’ (DG FET). When molecules bind on a field-effect transistor, a change happens in the surface’s electric charge. This makes FETs good candidates for detecting biological and chemical elements. Dual-gate FETs are particularly good candidates because they amplify this signal several times. But they can still be improved. The team used a method called ‘nanoimprint lithography’ to fabricate silicon nanowires onto the surface…
SINGAPORE – New Silkroutes Group Limited (“NSG” or the “Group”) announced today its foray into real estate investment with the launch of a joint-venture company that will focus on residential and commercial projects in the world’s three largest economies and several other Asian markets. New Silkroutes Capital Pte Ltd, NSG’s wholly-owned investment arm, has a 35% stake in the new company, SilkrouteAsia Asset Management Pte Ltd, which will focus on real estate advisory, deal originations and investment structuring. Singapore-based SilkrouteAsia Asset Management will also co-invest in projects with strategic partners. SilkrouteAsia Asset Management’s target markets are the United States, China,…