New Software Defined Wide Area Network product seamlessly binds multiple access technologies into single logical path for improved performance, flexibility and cost-efficiency HONG KONG – (ACN Newswire) – CITIC Telecom International CPC Ltd (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Ltd (SEHK: 1883), today announced the launch of its SD-WAN solution, branded as ‘TrueCONNECT(TM) Hybrid’. Designed to address the needs of today’s distributed enterprises for more flexible, open and cloud-based WAN technologies, TrueCONNECT Hybrid is a Software Defined Wide Area Network (SD-WAN) solution that virtualizes the topology of enterprise network infrastructure, integrating multiple access technologies (including private WAN networks,…
Author: Marie Jones
Global Offering of 250,000,000 Offer Shares; Offer Price Ranges from HK$2.90 to HK$3.33 per Offer Share HONG KONG – (ACN Newswire) – Intron Technology Holdings Limited (“Intron Technology” or the “Group”), a fast-growing automotive electronics solutions provider in China which focuses on providing solutions targeting critical automotive electronic components applied in new energy, body control, safety and powertrain systems, has announced the details of the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”) by way of global offering (the “Global Offering”). Investment Highlights – Intron Technology is a fast-growing automotive electronics solutions…
Offers 160,000,000 Shares； Offer Price Range between HK$1.10 and HK$1.40 per Share HONG KONG – (ACN Newswire) – Hingtex Holdings Limited (“Hingtex” or the “Group”), a long-standing and leading denim fabric manufacturer in Hong Kong targeting middle- to high-end market segment, today announced the details of its proposed share offer (the “Share Offer”) and listing of shares (the “Listing”) on the Main Board of The Stock Exchange of Hong Kong Limited (“SEHK”). Offering Details Hingtex intends to offer a total of 160,000,000 shares (the “Offer Shares”), of which 90% or 144,000,000 shares are for Placing (subject to reallocation and over-allotment option)…
Third Belt and Road Summit Held in Hong Kong HONG KONG – (ACN Newswire) – The Third Belt and Road Summit, organised by the HKSAR Government and the HKTDC, welcomed some 5,000 participants from 55 countries and regions today at the Hong Kong Convention and Exhibition Centre. More than 80 government and business leaders from Hong Kong, the Chinese mainland and countries around the world shared their insights on the development of the Belt and Road Initiative and the new opportunities presented to different industries. Governments and companies of several Belt and Road countries signed agreements and memoranda of understanding (MoUs) to implement…
Gravity Business Framework will be aimed at use in off-the-shelf software and next-generation blockchain applications that automate and optimize business processes for SME. HONG KONG – (ACN Newswire) – Gravity Solutions, the blockchain research and development firm, has published preliminary documentation for its blockchain-based framework that is designed specifically for small and medium-sized enterprises (SMEs). According to International Data Corporation, a renowned market intelligence firm, global spending on enterprise-grade, blockchain-based solutions will cross the $2 billion mark by the end of this year, and is expected to reach up to $9 billion by 2021. Aimed at users of off-the-shelf software and next-generation blockchain…
BOSTON – (ACN Newswire) – Asia-Pacific CRO Novotech announced at DIA18 (24-28 June, Boston Convention and Exhibition Center) that it has signed Memorandums of Understanding (MOUs) with five of the leading medical institutions in the region. The MOU partnership program is designed to give Novotech clients access to an additional 1.4 billion patients, and specialist investigators with advanced clinical research sites. Novotech made the announcement at the DIA conference (Booth 1904). https://novotech-cro.com/welcome Novotech Director of Business Development Barry Murphy who is attending the conference said: “Novotech has now signed five MOUs with medical institutions across the region with two more being signed in Thailand…
For the fourth year, recognition goes to TK Art Director Alicia Beebe for Excellence in Magazine Design and to TK Director of Photography David Hartung for Excellence in Photography. HONG KONG – (Media OutReach) – Tasting Kitchen (TK), Asia’s leading epicurean lifestyle and travel magazine, received double honors, for Excellence in Magazine Design and Excellence in Photography, from the Society of Publishers in Asia (SOPA) 2018 Editorial Awards. This marks the fourth year in which TK has been recognized, with a total of eight awards, by the region’s most highly regarded publishing prize. TK Art Director Alicia Beebe, who received the Excellence in…
Sales and Net Profit Record High Up by 41.4% and 72.4% respectively HONG KONG – (ACN Newswire) – Precision Tsugami (China) Corporation Limited (“Precision Tsugami”, together with its subsidiaries, the “Group”, Stock code: 1651), the largest foreign-owned CNC high precision machine tool manufacturer in China, today announced its audited consolidated annual results for the year ended March 31, 2018. To meet the strong demand for machine tools of manufacturing industries, the Group on the back of a strong sales force gave full play to its capabilities in procurement and in-house manufacturing during the year, which enabled it to achieve satisfactory results…
SEOUL, KOREA – (ACN Newswire) – Suprema ID., a leading global provider of biometrics and ID solutions, today announced that the company will showcase its ground-breaking fingerprint authentication scanner featuring ultra-slim sensor and wireless technology at SDW 2018 in London on June 26. The new FAP20-compliant BioMini Slim 2S fingerprint scanner provides a number of industry-leading features under its sleek design. Featuring range-leading powerful 1.0GHz CPU, BioMini Slim 2S provides high-speed extraction and matching of fingerprints on the scanner. To improve user convenience, BioMini Slim 2S supports true plug-n-play by featuring HID (human interface device) protocol. HID protocol enables users to scan fingers…
For faster and more effective response to deregulation and other market changes TOKYO – (JCN Newswire) – Tokyo Electric Power Company Holdings, Inc. (TEPCO) announced today that it has established TEPCO Ventures, Inc. as a wholly owned subsidiary charged with turning new businesses into venture companies. TEPCO Ventures, which will begin operating on July 2, will develop both wholly owned subsidiaries within the TEPCO Group and joint-venture companies formed with partners in various industries either in Japan or overseas. New companies are expected to be developed in a variety of fields for next-generation “Utility 3.0” business fusing energy and other industrial platforms, such…
First Annual Roundtable Held to Drive the Initiative Forward HONG KONG – (ACN Newswire) – The Belt and Road Global Forum held its inauguration ceremony and its first annual roundtable today at the Hong Kong Convention and Exhibition Centre (HKCEC). Carrie Lam, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), officiated the ceremony and delivered the opening remarks. The Forum is an alliance of chambers of commerce, industry associations, investment promotion agencies and think tanks in Hong Kong, the Chinese mainland and around the world. It aims to promote interaction, information sharing and business collaboration among member organisations. At present, the…
Chinese Mainland-Hong Kong-UAE Belt and Road Opportunities Highlighted HONG KONG – (ACN Newswire) – The sixth edition of the Lifestyle Expo in Dubai opened on 25 June and concluded yesterday at the Hyatt Regency Dubai. Jointly organised by the Hong Kong Trade Development Council (HKTDC) and the Department of Commerce of Guangdong Province of the People’s Republic of China, the Expo serves as a platform for suppliers from Hong Kong and the Chinese mainland to connect with buyers from the Middle East and Africa, supporting companies to seize the tremendous business opportunities presented by the Belt and Road Initiative and Expo 2020 Dubai.…
HONG KONG – (ACN Newswire) – According to South China Morning Post, China’s national policies place great emphasis on the real estate industry and the real estate market in the country is subject to various governmental regulations. By enacting laws and regulations and implementing industry policies and other economic measures, the Chinese government has exercised significant direct and indirect influence on the development of China’s property industry. Over the past few years, in order to curb the overheated property market, the Chinese government has rolled out a number of restrictive measures to stabilize the property prices. However, as the Central Economic Work Conference…
HONG KONG – (ACN Newswire) – Great Harvest Maeta Group Holdings Limited (“Great Harvest” or the “Group”; stock code: 3683.HK) today announces its annual results for the year ended 31 March 2018 (“the review year”). During the review year, the Group maintained sound operation. The revenue of the Group increased from approximately US$8.1 million for the year ended 31 March 2017 to approximately US$14.2 million for the year ended 31 March 2018, representing an increase of approximately 75.2%. The revenue comprised chartering income of US$14.2 million (2017: US$7.9 million) and there is no interest income from money leading business during the…
Underlying Net Profit Increased by 42.4% to HK$171.3 Million Declared Final Dividend of 5.8 HK Cents per Share HONG KONG – (ACN Newswire) – Grand Ming Group Holdings Limited (the “Company” and together with its subsidiaries, the “Group”, stock code: 1271.HK) today announces its annual results for the year ended 31 March 2018 (“FY 2017/18”). Highlights – Recorded revenue of HK$1,423.9 million, an increase of 34.9%. – Recorded underlying profit, exclusive of the effect of changes in fair value of investment properties, of HK$171.3million, an increase of 42.4% – Attained net profit of HK$171.8 million, representing a decrease of 15.4% over last year.…
The company aims at disrupting the healthcare industry by offering a technologically advanced ecosystem providing access to high-quality medical support and wellness services around the world HONG KONG, June 26, 2018 – (ACN Newswire) – Doctor Smart, a new blockchain ecosystem for digital healthcare services, today announced the launch of its ICO, a sale of DSTT tokens. The main token sale is to commence Q3, 2018. According to Grand View Research, the global market for internet healthcare services is poised to reach $308 billion by 2022. Aimed at transforming the market and improving current state of medical and wellness services – while making them…
Grasping the enormous business opportunities derived from luxury goods market; Gross Profit Increased by Approx. 20.6% YOY to Approx. HK$399 Million HONG KONG – (ACN Newswire) – Sparkle Roll Group Limited (Stock Code: 970.HK) (“Sparkle Roll” or the “Company”, together with its subsidiaries, the “Group”), principally engaged in distributorships and dealerships of top-tier branded consumer goods, today announced its audited consolidated results for the year ended 31 March 2018 (the “Year”). During the year, the Group’s consolidated revenue increased 4.0% year-on-year (“yoy”) to approximately HK$2.89 billion. The increase was mainly attributable to the increase in sales of Rolls-Royce, audio products and…
Revenue Increased 23.3% to HK$1,548.7 Million; Adjusted EBITDA Up by 20.7% to HK$397.0 Million; Profit Attributable to Shareholders Increased 12.8% to HK$202.3 Million; Recommends a Final Dividend of HK2.9 Cents per Share HONG KONG – (ACN Newswire) – Jacobson Pharma Corporation Limited (“Jacobson Pharma” or the “Group”; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of generic drugs and proprietary medicines, today announced its annual results of the Company and its subsidiaries (collectively the “Group”) for the year ended 31 March 2018 (“FY2018”). Financial Highlights During the reporting period, the Group’s revenue grew by…
HONG KONG – (ACN Newswire) – On June 5, 2018, Tigerobo, an AI-based financial search engine start-up, announced today that it has raised over RMB 100 million in Series Pre-A led by NWS Holdings (00659.HK), a subsidiary company of New World Development Company Limited, and Gaorong Capital. Sun Hung Kai & Co. Ltd. (00086.HK ) participated as co-investor. In August 2017, the company closed Series Angel fund raising with tens of millions RMB, participated by Gaorong Capital, Light Up Capital as well as Zhang Tao, founder of Dianping.com. Tigerobo, which was launched in July 2017, offers an intelligent search engine to help professional…
Avails Abundant Financial Resources to Support Business Development Reinforces the Group’s Development Strategy HONG KONG – (ACN Newswire) – Asia Allied Infrastructure Holdings Limited (“Asia Allied Infrastructure” or “the Group”) (stock code: 00711) is pleased to announce today that it has entered into a HK$1.2 billion term loan and revolving credit facility agreement with five banks. Part of the loan will be used to restructure the loan portfolio of the Group, while the rest will be used to support future operations and development. This facility will lower the finance cost of the Group, enhance its financial flexibility and funding capability, as…