Almaty, Kazakhstan and Tokyo, Japan — JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB Co., Ltd., announced the launch of JCB card acceptance through Kazkommertsbank (Qazkom), which is one of the largest commercial banks in the Commonwealth of Independent States (CIS) and the largest by assets in Kazakhstan. This arrangement was achieved based on the strategic relationship between Discover and JCB starting in 2006, which has enabled JCB card acceptance on the Discover Network in the U.S., and Discover card acceptance on the JCB network in Japan. Kazkommertsbank is the leading bank with the largest network in the…
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Jakarta, Indonesia and New York, USA — Global public health experts Vital Strategies today congratulated health advocates, artists and the people of Kali Code village, Yogyakarta, on the unveiling of “Show Your True Colors,” a community project to paint anti-tobacco graphic murals (designed by renowned graffiti artist Koma) throughout the village. This initiative subverts the actions Philip Morris International, which gained national and international notoriety in 2015 by painting the village in the colors of one of its tobacco brands and cynically using it as part of its “Show Your Colors” marketing campaign. A conservative analysis by Vital Strategies estimates that…
Four Designers Rock the Museum with AW17 Collections HONG KONG — The Hong Kong Trade Development Council (HKTDC) presented a Fashion Hong Kong runway show that featured four leading Hong Kong designers – Kenax Leung, Dora Chu, Kay Li and Vickie Au during the stunning Copenhagen Fashion Week (AW17) and Copenhagen International Fashion Fair (CIFF) from 31 January to 3 February 2017. For the first time, the Fashion Hong Kong show (31 January) was held at Thorvaldsens Museum, a historic venue built in 1848 and surrounded by world-class art and sculptures unique to Copenhagen. Together with the inspiring fashion designs,…
TOKYO — Nikko Asset Management has been recognised for excellence by Hong-Kong based Asia Asset Management. The firm won the Best of the Best Country Award for Japan in three categories: Best Institutional House, ETF Manager of the Year and Best Responsible Investor. This is the fourth consecutive year for Nikko Asset Management to be honored by Asia Asset Management. The Tokyo-headquartered asset manager was recognised as Japan’s Best Institutional House for its ability to provide progressive solutions for institutional investors amidst Japan’s negative interest rate environment in 2016. In response to the Bank of Japan’s introduction of negative interest rates,…
HONG KONG — Hong Kong Investor Relations Association (HKIRA) is pleased to announce that public nomination is now open for HKIRA 3rd IR Awards 2017 (the Awards). The Awards presented annually to recognize and honor investor relations excellence and best practices among Hong Kong listed companies and IR professionals. “Continuing the success in the past two years, we are glad to launch the 3rd IR Awards 2017 to recognize the outstanding IR efforts made by companies and individuals and to promote best IR practices,” said Dr. Eva Chan, Founding Chairman of HKIRA. “To better cover and honor excellence in various IR…
KUALA LUMPUR — Main Market-bound first hybrid community-centric retail Real Estate Investment Trust, KIP REIT, recently held its balloting ceremony at Malaysian Issuing House Sdn. Bhd.(MIH) where its 10,200,000 Offer Unit made available to the Malaysian Public has been oversubscribed by 5.07 times. The Institutional Offering of 220,650,000 Offer Units have also been oversubscribed. PublicInvest and RHB Research have both issued IPO notes providing target prices of RM1.07 and RM1.09 respectively, paying particular attention to KIP REIT’s relatively higher dividend yields and its potential asset injection pipeline. Key highlights of KIP REIT included its demographics of shoppers being low and middle…
SINGAPORE — New Silkroutes Group Limited (“NSG”) will acquire an 80% stake in New York-based CG Capital Markets Holdings LLC (“CGCMH”) and all its subsidiaries, including FINRA-registered broker-dealer CG Capital Markets LLC (“CGCM”), for US$14.4 million, in a major push to expand its own investment business and diversify its business lines. Founded in 2015, CGCM specialises in fixed-income market making and provides capital raising and advisory services to companies and projects in sectors including technology, life sciences, natural resources, real estate and energy. In addition to New York, CGCM maintains trading operations in New Jersey and Florida. It also has representative…
BANGKOK — VGI Global Media PCL (SET:VGI), or VGI’s board declared interim dividends at THB 0.035 per share (approx THB 240mn in aggregate) to preserve investors’ confidence amid a q-o-q slowdown in Q3 of FY2016/17 due to reduced advertising spending during the 30-day national mourning period and investment expenditure to bolster regional growths. They are confident that successful construction of the ‘Data Centric Media Hypermarket’ platform will bring in substantial revenue in FY2017. Surachet Bumrongsuk, Chief Executive Officer of VGI Global Media PCL, or VGI, a data centric media hypermarket, revealed the decision adopted at the 1 Feb 2017 board meeting…
CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (“CITIC Telecom”) (SEHK: 1883) announced it has finalized the acquisition of the telecommunication business of Linx Telecommunications B.V. (Linx Telecommunications), following completion of all regulatory clearances. The acquisition further extends CITIC Telecom CPC’s global infrastructure and points of presence to the Central Asia, Central and Eastern Europe markets, including regions encompassed by China’s “One Belt, One Road” economic cooperation initiative. “One Belt One Road is an important part of our growth strategy. We believe Linx’s acquisition is fully complementing CITIC Telecom’s development strategy…
SINGAPORE — As Asia and the world prepare to celebrate the Lunar New Year, CropLife Asia encouraged those ringing in the ‘Year of the Rooster’ to remember the smallholder farmers and their immense contributions to ensuring a safe, sustainable food supply for the region and world – and who grow many of the foods we’ll enjoy during the festive season. The Lunar New Year, also known in Chinese culture as the Spring Festival, is widely celebrated across Asia. The history of the festival is deeply rooted in the cyclical pattern of agriculture in ancient China, with farmers relying on the lunar…
HONG KONG — AAG Energy Holdings Limited (HKEX stock code: 2686) is pleased to announce its operation update for the 4th quarter of 2016. AAG Energy CEO & President, Jing Li commented: “2016 was a challenging year for most upstream operators under the continued low oil & gas price environment. We are happy to have had another year of robust production increase from Panzhuang and significant progresses made on the Mabi pilot program and ODP I approval. With continued improvement in operations efficiency and cost control, AAG is well positioned to further expand our business and provide more clean energy to…
Awards categories include renewed focus on data & technology and brand experience LONDON — The Cannes Lions International Festival of Creativity has today announced that entries to the prestigious Lions awards are open. This year, there are no new Lions and significant focus has been placed on improving and simplifying the entry process to ensure it is clear and easy to navigate. Improvements include a new 10-point entry checklist, designed to guide people through the system more effectively. The Lions, the global awards that celebrate the best creative work, commend and honour 24 key disciplines, from Innovation, Product Design and…
HONG KONG — Luk Hing Entertainment Group Holdings Limited (“Luk Hing Entertainment” or the “Group”; stock code: 8052), a premium clubbing and entertainment business operator based in Macau primarily engaged in operating Club Cubic. Being the exclusive master franchisee of “Monkey Museum” entertainment business in the People’s Republic of China (the “PRC”) after entering into an exclusive master franchising agreement with Yuri Holdings Co., Ltd. (“Yuri”) earlier, Luk Hing Entertainment today is pleased to announce that the Group and Yuri have entered into a sub-franchising agreement with a sub-franchisee in the PRC for the opening and operation of the first…
Promote IPX direct-connection in Asia-Pacific HONG KONG — China Unicom Global Limited (CUG) signed the IPX direct-connection bilateral Agreement with PCCW Global Limited (PCCW Global), Hutchison Global Communications Limited (HGC) and Chunghwa Telecom Co.Ltd (Chunghwa) respectively , which achieved directly interconnection between CUG and above partners IPX network. Direct IPX peering between CUG and the partners’ network will expand China Unicom mobile roaming covering areas and provide corresponding countries/regions mobile customers with high-quality telecommunication services, including 3G & LTE voice, data roaming, voice transport as well as advanced IP-based service, such as VoLTE, HD video call & video conference. According to…
HONG KONG — Hua Hong Semiconductor Limited (“Hua Hong Semiconductor” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1347.HK), a global leading pure-play 200mm foundry, today announced that it has achieved an initial success by concluding the Stage I in its R&D of the third-generation Super Junction MOSFET (“SJNFET”) process platform, which will be introduced to the market gradually in the first half of 2017. As a global leading pure-play 200mm foundry with more than 10-year’s proven track record in stable volume production of power discrete, Hua Hong Semiconductor solved the world-class difficulty of deep trench etching filling…
HONG KONG — Sino Harbour Holdings Group Limited (“Sino Harbour” or the “Group”) (Stock code: 1663) is pleased to announce that it has set up a new subsidiary Guangxi Gangrun Bio Technology Limited (“Guangxi Gangrun”) in order to tap the emerging stem cell industry in Guangxi Zhuang Autonomous Region in the PRC. Guangxi Gangrun is held by Zhejiang Sino Harbour Bio Technology Limited (“Zhejiang SH”), the Group’s indirect wholly-owned subsidiary, together with Zhejiang Gene Stem Cell Biotech Company Limited (“Zhejiang GSCB”) and Mr. Mao Jianfeng in the proportion of 60%, 30% and 10% respectively. The principal activities of Guangxi Gangrun include…
Tremendous Opportunities Seen in Fashion E-tailing HONG KONG — The 48th edition of Hong Kong Fashion Week for Fall/Winter ended today at the Hong Kong Convention and Exhibition Centre. The four-day fashion fair (16 to 19 January), organised by the Hong Kong Trade Development Council (HKTDC), welcomed some 15,000 buyers from 77 countries and regions. Watch our fair video here https://youtu.be/_Nnu_Wd73qw HKTDC Deputy Executive Director Benjamin Chau noted that the fashion industry is facing immense challenges amidst economic and political uncertainties and lacklustre retail sales. “In spite of that, Hong Kong companies are versatile and with e-commerce developing steadily, companies can…
SEOUL, KOREA — Suprema, a global leader in biometrics and security, announced that the company will showcase the world’s fastest and most advanced face recognition technology at Intersec 2017. At the show, Suprema will showcase a prototype version of long-awaited FaceStation 2, the company’s flagship face recognition terminal which is designed for use in access control and time & attendance applications. The new FaceStation 2 is loaded with Suprema’s latest face recognition technology providing the world’s best performance in terms of matching speed, user capacity and operating illuminance. Speaking of speed, the new technology performs ultra-fast matching speed of 3,000 matches…
In recognition of exceptional performance of 20 enterprises, elites from various sectors, local and China media gathered with support HONG KONG — The award presentation ceremony of Quamnet Outstanding Enterprise Awards 2016 (QOEA), organized by Quamnet, successfully held on 12 January 2017 at The American Club Hong Kong. The representatives of the awarded enterprises and honorable guests convened, sharing the joy of achievements and exchanging ideas of successful experience. The ceremony drew media attention and was greatly supported by renowned members from the business community. QOEA marks its eighth year; successful enterprises flourish Since 2009, Quamnet has been organizing Quamnet Outstanding…
Offering stronger disaster prevention measures with accurate grasp of earthquake observation data TOKYO — NEC Corporation (NEC; TSE: 6701) today announced the supply of a wide-area disaster prevention system to the Meteorological, Climatological and Geophysical Agency of the Republic of Indonesia (Indonesia). A grant aid from the Japanese government program for improving equipment for disaster risk management will be used for this system, which is scheduled to commence operation in the first half of 2018. Indonesia is a country with an extremely high risk of earthquakes, as seen by the significant damage caused by the Great Sumatra Earthquake in December 2004.…