SINGAPORE — Researchers at the Institute of Bioengineering and Nanotechnology (IBN) of A*STAR have engineered a three-dimensional heart tissue from human stem cells to test the safety and efficacy of new drugs on the heart. “Cardiotoxicity, which can lead to heart failure and even death, is a major cause of drug withdrawal from the market. Antibiotics, anticancer and antidiabetic medications can have unanticipated side effects for the heart. So it is important to test as early as possible whether a newly developed drug is safe for human use. However, cardiotoxicity is difficult to predict in the early stages of drug…
Author: Marie Jones
Capitalises Its Quality Services and Increases Market Penetration HONG KONG — Winson Holdings Hong Kong Limited (“Winson” or the “Group”; stock code: 8421), a Hong Kong-based service provider specialising in environmental hygiene services and airline catering support services, has announced its first audited annual results for the year ended 31 March 2017 (“FY2017” or the “year under review”) since its listing on The Stock Exchange of Hong Kong Limited (“HKSE”) in March 2017. During the year under review, the Group maintained stable performance and recorded a total revenue of HK$467.5 million (FY2016: HK$449.8 million). In the face of rising cost of…
Averna’s AST-1000 Now Offers Radio, Navigation and Video Testing in One Platform MONTREAL, QUEBEC — Averna, a leading global Test & Quality Solutions provider, announced today a strategic partnership with MaxEye Technologies to distribute their digital video and audio signal generation toolkits. This partnership will allow Averna to add full digital video and audio testing capability to its Averna Signal Tester (AST-1000) RF Signal Source platform, in addition to its existing RF toolkits such as AM/FM, HD Radio and Sirius XM as well as full GNSS simulation. The AST-1000 is the only all-in-one RF test solution on the market designed to…
– The Liquidity of the H Shares May be Severely Reduced after Delisting on 16 June 2017 – The Latest Time and Date for the Offer Remaining Open for Acceptance is 4:00 p.m. on 26 June 2017 HONG KONG — Shandong Luoxin Pharmaceutical Group Stock Co., Ltd. (“Shandong Luoxin Pharmaceutical” or the “Company”) (stock code: 8058) has announced that the trading in its H Shares has been suspended from today and will remain suspended until the withdrawal of listing of the H Shares from the Stock Exchange from 9:00 a.m. on 16 June 2017. Giant Star Global (HK) Limited and Ally…
Financial Services Facilitate Global Expansion at Full Throttle HONG KONG — Tai United Holdings Limited (“Tai United” or the “Group”) (HKSE: 0718), a comprehensive financial business group, principally in areas including Distressed Debt Assets Management in Mainland China, Real Estate Investment, Commodities Trading and Securities Investment and Asset Management, announced that on 2 June 2017, its indirect wholly-owned Singapore-based subsidiary Tai United Asset Management Pte. Ltd. (“Tai United Asset Management”) has been approved by the Monetary Authority of Singapore (“MAS”) as a Registered Fund Management Company (“RFMC”) under the Securities and Futures (Licensing and Conduct of Business) Regulations to officially carry…
More Accurately Reflects the Group’s Principal Business Development Direction HONG KONG — Northern New Energy Holdings Limited (“Northern New Energy” / the “Group”, stock code: 8246) announced that its classification under the Hang Seng Industry Classification System (“HSICS”) has been changed from “Restaurants” to “New Energy Materials”. The change can better reflect the Group’s development focus on new energy business. HSICS is a comprehensive industry classification system designed for the Hong Kong stock market. It meets the need for a detailed industry classification that can reflect the performance of stocks in different sectors. Northern New Energy is currently classified under the…
To Lead the Development of New “Internet+ Education and Innovative Technology Finance” Business HONG KONG — Cybernaut International Holdings Company Limited (“Cybernaut International” or “the Company”) (stock code: 1020.HK), (formerly Sinoref Holdings Limited), which officially changed to its current new name at the end of May, held a celebration cocktail reception cum Forum themed “Explore Internet+ Education and Innovative Technology Finance” today to highlight its future development strategy. Cybernaut International’s new management team made its first-ever public appearance. Mr. Zhu Min, Chairman and Executive Director, Mr. Gao Xiang, Co-chief Executive Officer and Executive Director, and Mr. Wang Yang, Co-chief Executive Officer,…
HONG KONG — China Goldjoy Group Limited (“China Goldjoy” or the “Group”, HKEX: 1282) is included as a constituent stock of the Morgan Stanley Capital International (“MSCI”) Hong Kong Small Cap Index with effect from today. MSCI Indexes are key benchmarks for institutional investors investing in global equity markets. They cover companies with good operational results and solid potential. Those stocks selected meet various requirements including market capitalisation, liquidity and free float and thus have a high reference value. Mr. Yao Jianhui, Chairman and Chief Executive Officer of China Goldjoy, said, “We are pleased that China Goldjoy has officially been included…
Tencent Holdings receives The Overall Best IR Award (Large Cap) HONG KONG — Hong Kong Investor Relations Association (HKIRA) today announced the winners of the HKIRA 3rd Investor Relations Awards 2017 (the “IR Awards” or “Awards”). The IR Awards aims to recognise outstanding IR efforts made by companies and individuals and to promote best IR practices. Over 250 Guests from listed companies, the IR industry and investor community were presented at today IR Awards Conference and Awards Presentation Luncheon to celebrate the winners’ IR excellence and dedication. HKIRA was honoured to have Mr. Romnesh Lamba, Co-head of Market Development, Hong…
HONG KONG — Honma Golf Limited (“Honma Golf” or the “Company”; together with its subsidiaries, the “Group”, stock code: 06858), one of the most prestigious and iconic brands in the golf industry, announces the consolidated results for the year ended 31 March 2017(the “Period”). Financial Highlights: – Revenue rose by 8.4% on reported basis and 12.7% on constant currency basis to JPY24.2 billion, continuing to demonstrate solid and profitable growth; -All three main product categories achieved double-digit growth on constant currency basis: — Golf clubs – 11.4% year-on-year growth; — Golf balls – 83.4% year-on-year growth; — Bags, apparels and other…
HONG KONG — The award presentation ceremony of Quam IR Awards 2016 (QIRA) successfully took place on 25 May, 2017 at Four Seasons Hotel Hong Kong. Business elites of the awarded listed companies received the distinction, shared their joy at the ceremony. Eminent figures from the business community and notable guests supported the event and exchanged the ideas of excellent investor relations. Stepping into its second year Quam IR Awards recognizes excellent investor relations Since Quam IR Awards was held for the first time last year, it aims to honor models of practice and leadership in Investor Relations (IR) among the…
– The Liquidity of the H Shares May be Severely Reduced after Delisting on 16 June 2017 – The Latest Time and Date for the Offer Remaining Open for Acceptance is 4:00 p.m. on 26 June 2017 HONG KONG — Shandong Luoxin Pharmaceutical Group Stock Co., Ltd. (“Shandong Luoxin Pharmaceutical” or the “Company”) (stock code: 8058) has announced that the resolution for the proposed withdrawal of listing of the H shares of the Company (“H Shares”) from The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) was passed by way of poll at the extraordinary general meeting and the H…
– New technology overcomes issues of existing metallic inks and enables low-resistance wire formation using low-temperature process at less than 100 degrees Celsius – Vacuum-less and resist-less direct wire formation on numerous surfaces including PET film and glass achieved TOKYO — Tanaka Holdings Co., Ltd. (head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Akira Tanae) announced today that Electroplating Engineers of Japan, Ltd. (EEJA; plant and office: Hiratsuka City, Kanagawa Prefecture; Representative Director & CEO Muneharu Nakanouchi) used surface treatment chemicals (photosensitive primer used with a colloid catalyst) that it developed to create a new direct patterning plating technology. This technology…
– Global Offering of 200,000,000 shares – Offer price ranges from HK$0.90 to HK$1.00 per share HONG KONG — Risecomm Group Holdings Limited (“Risecomm” or the “Group”, proposed 1679.HK), the third largest PLC technology company in China, today announced details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (“HKSE”). – Investment Highlights – – Possesses core competency in power line communications (PLC) IC design and superior research and development (“R&D”) capabilities in PLC technology, strives to maintain excellence in R&D of PLC technology – One of the largest PLC IC suppliers in China,…
HONG KONG — Quam Capital Limited (“Quam Capital”), together with its Oaklins International Inc. (“Oaklins”) partner firms in the US and Germany, recently completed a transaction involving the merger of one of the world’s leading tunnel boring machine companies, The Robbins Company, with Chinese state-owned enterprise Northern Heavy Industries Group Co., Ltd (“NHI”). At the recent spring conference of Oaklins held in Hong Kong in May 2017, the transaction was voted as the winner of the coveted Oaklins Deal of the Year Award for 2017. Quam Capital’s US Oaklins partner firm was appointed by the owners of The Robbins Company, and…
Expected to be completed by 31 July 2017, acquisitions will bolster capabilities of NSG’s 51%-owned healthcare practice group, Healthsciences International SINGAPORE — New Silkroutes Group Limited (“NSG” or the “Group”) will acquire majority control of eight dental clinics and two dental equipment suppliers in Singapore in a deal worth S$5.28 million, paving the way for it to expand the capabilities of its recently installed healthcare subsidiary, Healthsciences International Pte Ltd (“HSI”). Of the eight clinics, NSG will take a 70% stake in five of them for S$4.20 million. These five clinics – Crescent Dental Clinic, DentalTrendz Clinic, Trendz Dental Surgeons, L’ving…
HONG KONG — FSE Engineering Holdings Limited (“FSE Engineering” or the “Group”) (stock code: 331), a leading one-stop E&M engineering service provider in Hong Kong, has opened its first retail store in Macau dedicated to selling ceramic tiles imported from Europe, providing valued-added services on top of E&M engineering service to Macau enterprises. The Group’s retail store in Macau trade-named “Yau Fai Building Materials” is on G/F, 17 & 17A, Rua do Almirante Costa Cabral. Via a subsidiary, the Group has been distributing Europe-imported ceramic tiles since 1972. Over more than 40 years, it has built up a reputation in the…
TAITRA expands visibility in the ASEAN market for 19 participating Taiwan Excellence Award winning brands including Acer, ASUS, Advantech, Planet, and VIVOTEK SINGAPORE — The Taiwan flag waved proudly at the opening of CommunicAsia 2017 as it showcased 50 Taiwanese technologies and innovations at the Taiwan Excellence Pavilion. This year’s inaugural participation at Asia’s premier sourcing and Information and Communication Technology (ICT) knowledge platform is part of the country’s drive to lend support to Taiwanese companies in achieving regional competitiveness within the ICT sector. According to the Taiwan External Trade Development Council (TAITRA), the initiative is a key component of the…
HONG KONG — VBG International Holdings Limited (Stock code: 8365), one of the leading financial services providers in Hong Kong, commenced dealing on the Growth Enterprise Market (“GEM”) of The Stock Exchange of Hong Kong Limited (“HKSE”) today. Ms. Letty Wan, Chairperson and Executive Director of VBG International, said, “The listing of VBG International on HKSE today marks a memorable milestone for us. We are pleased to see the recognition of the Group’s potential by investors. We believe that the successful listing will not only enhance the capital base of VBG International, but also provide a good platform to strengthen our…
HONG KONG — One of China’s top 40 real estate enterprises, Yuzhou Properties Company Limited (“Yuzhou Properties” or the “Company”, together with its subsidiaries referred to as the “Group”; stock code: 01628.HK), is pleased to announce that “2017 China Real Estate Listed Companies Evaluation Results Conference and Listed Real Estate Enterprises Summit” was held in Hong Kong. The Summit was organized by China Real Estate Association and China Real Estate Appraisal. Yuzhou Properties once again ranked the 36th in “2017 Best 50 China Real Estate Listed Companies with Strongest Comprehensive Strengths” and the 2nd in “2017 Best 5 China Real Estate…