LE BOURGET, FRANCE — Garuda Indonesia, the national flag carrier of Indonesia, has been awarded ‘World’s Best Cabin Crew 2017’ by the Skytrax World Airline Awards, held at the Paris Air Show, Le Bourget, France. This marks the fourth consecutive year that Garuda has been recognized as world’s best, the award being presented by Skytrax CEO Edward Plaisted to Garuda Indonesia President and CEO Pahala N. Mansury during the official ceremony, last night, Tuesday, June 16. The President Director of Garuda Indonesia, Pahala N. Mansury, said, “The ‘World’s Best Cabin Crew’ award is another remarkable milestone for our airline, and Garuda…
Author: Marie Jones
SYDNEY, AUS — Asia Pacific specialist CRO Novotech announced today it has expanded its business offering to include central lab services through a preferred partnership agreement with Sonic Clinical Trials, an affiliate of international healthcare company, Sonic Healthcare. Through this unique partnership, Novotech clients will be able to select from a wide menu of assays or biomarkers, access a trial-specific kit assembly service and use a single clinical trial-dedicated laboratory with a global reach, for priority processing of clinical trial samples. Announcing the new partnership, Novotech CEO Dr. John Moller said, “Novotech has always focused on offering flexible and cost effective…
– Strives to promote sustainable growth of the industry – Expands talent pool and enhances professionalism of the insurance sector HONG KONG — To drive long term development of the insurance sector, the HKSAR Government has launched a three-year Pilot Programme to Enhance Training (“the Insurance Pilot Programme”) in August 2016 to introduce to the general public, students and in-service practitioners the professionalism of and diversified career opportunities in the insurance industry. The Insurance Pilot Programme emphasises promotional activities that target students and graduates, so as to equip them with a comprehensive knowledge on the different functional layers and career prospects…
Exploring Market through Finance Leasing and Value-added Services HONG KONG — Honghua (Stock Code: 196.HK), a leading global land drilling rig manufacturer, is pleased to announce that its indirect wholly owned subsidiary, Sichuan Honghua, signed the Sale and Purchase Agreement (“Agreement”) with Aerospace Science & Industry Financial Leasing Co., Ltd. (“ASIFL”), a connected person of Honghua, on six sets of top drive drilling systems at a total consideration of RMB 33,220,000. On the same day, Shenzhen Honghua, an indirectly owned subsidiary of Honghua, entered into the Finance Lease Agreement with ASIFL, pursuant to which ASIFL leases the Equipment to Shenzhen Honghua…
HONG KONG — Philips Lighting Hong Kong has recently appointed Mr. Timothy Mak as the new Group General Manager. Timothy holds a Bachelor degree in Computer Science from the University of London. Before joining the group, Timothy was the Managing Director of Avaya Hong Kong, responsible for Hong Kong, Macau and Taiwan region. He has accumulated 27 years of experience in the business communication systems and I.T. industry. Previously, he had also held management positions in Korea and Greater China, enriching his management experience in the Asia Pacific Region. Timothy aspires to improve people’s lives through continuous innovations under his leadership.…
HONG KONG — Man Wah Holdings Limited (“Man Wah” or the “Group”, stock code: 1999) would like to point out that the content of the Muddy Waters report published today is similar to that of the Muddy Waters PPT published earlier and does not contain any new arguments. The Group has already issued an announcement earlier in response to all the arguments Muddy Waters raised and would make further announcement should the Group have other supplementary information to provide. The Group is highly confident of its business and financial performance and has repurchased shares of the Company at more than HK$130…
SINGAPORE — The Board of Directors of Singapore eDevelopment Ltd (SeD) announced that its Global Systematic Multi-Strategy Fund (GSMS Fund) managed by Hengfai Asset Management Pte Ltd (HFAM), a wholly owned subsidiary of SeD’s investment-arm SeD Capital Pte Ltd, achieved a gross and net return of 15% and 10%, respectively, in its first year of operation. Launched on 1 June 2016, the GSMS Fund adopts an “all-weather” strategy that seeks to produce consistent risk-adjusted returns regardless of market volatility. The GSMS Fund employs a systematic approach focusing on liquid exchange traded securities that are diversified across asset classes, geographical regions and…
Beginning as an ambitious idea to create a world-class garden on reclaimed land, Gardens by the Bay has since grown to become an iconic attraction in Singapore SINGAPORE — Gardens by the Bay, Singapore’s horticultural-themed attraction renowned for its Supertrees and cooled conservatories, celebrates its fifth anniversary in June this year. Built on land reclaimed from the sea, Gardens by the Bay opened in June 2012. Five years on, it remains unique in the region as the only garden to combine nature with cutting-edge engineering and technology, to create an environment to showcase plants from all over the world. Situated in…
TOKYO — JCB International Co., Ltd. (JCBI), the international operations subsidiary of JCB, is pleased to announce that CardPay, a global player and a European leader in e-commerce and transactional services, has signed a direct License Agreement to acquire JCB’s e-commerce card transactions across the SEPA region. With this agreement in place, JCB and CardPay will develop connectivity during Q3’17 and target to go live during Q4’17. JCBI’s acquiring strategy is to aggressively increase its acceptance footprint across the SEPA region by expanding its merchant acceptance network, including the e-commerce channel. Currently JCB cards are accepted at merchants worldwide. This important…
Investment lead by Strategic Investors with Core Focus in Loyalty and Exchange Systems. Funds will Accelerate Commercial Platform Development and Global Go-to-Market Strategy. SAN FRANCISCO, CA — Loyyal, the blockchain innovator building a global loyalty network, today announced it has closed a Series A capital raise led by Integrated Networks (iNet) with participants including UAE Exchange, Hayaat Group, Day One Investments, and other international investors. Hayaat Group is an early investor and led the Loyyal Series Seed capital raise. The company will use the capital to complete development of its platform and accelerate its go to market strategy with long term…
Key Sponsor: GF Securities HONG KONG — The award ceremony of “The 7th HKUST One Million Dollar Entrepreneurship Competition” (“the Competition”), hosted by the Hong Kong University of Science and Technology (“HKUST”) Entrepreneurship Center, was held at the New World Millennium Hong Kong Hotel on 12 June. Amid fierce competition, Team Maxustech, comprised of two HKUST alumni and a current student, were the champions with their project “A Novel Sensing Technique for Smart Home Control.” GF Securities Co., Ltd. (“GF Securities” or “the Company”; HKSE: 1776; SZSE: 000776), the platinum sponsor of the Competition, fully participated to support young entrepreneurs. The…
17 HK-listed corporates together with Capital Market Elites gathered at the event; For business opportunities and Leaping into Investment Golden Age HONG KONG — Bo Cai Jing, the Investor Relations brand under Greater-China professional Financial Communications and Investor Relations Consultancy LBS Communications Consulting Limited (“LBS Communications”) partnered China leading media, CNFOL Limited (“CNFOL”), and cooperated with Gelonghui, Sina Finance, and Yuediaoyan successfully organized its second “Good Fortune” series Investor Summit in Shenzhen Jinmao Shenzhen JW Marriott Hotel on June 1, 2017, followed by the Roadshow Week. The Summit and Roadshow Week enabled investors to explore opportunities for leaping into the new…
UBS and The Chinese Manufacturers’ Association of Hong Kong are joint hosts of the “An Engine for Global Economic Growth” forum. HONG KONG — UBS and The Chinese Manufacturers’ Association of Hong Kong are joint hosts of the “Celebrating the 20th Anniversary of the HKSAR: An Engine for Global Economic Growth” forum taking place today at the Hong Kong Convention and Exhibition Center. The event was officiated by: The Hon Paul Chan Mo-Po, GBS, MH, JP, Financial Secretary of HKSAR: Amy Lo, Head Greater China and Co-head Global UHNW, Asia Pacific, UBS Wealth Management, and Country Head of UBS Hong Kong;…
HONG KONG — Causeway Education held its Grand Opening Ceremony and Cocktail Reception on 8 June 2017 at the Island Shangri-La Hotel. Over 100 distinguished guests from the business and education sector attended to celebrate the occasion, including guest of honour Mr. George Yeo, Chairman of Kerry Logistics and former Minister for Foreign Affairs of Singapore. This event marked a milestone for Causeway Education in its aim to tap into the private tutoring and academic consulting market in Hong Kong: The Group will live out its unprecedented teaching philosophy, be innovative in its teaching style, and uphold the teaching virtues of…
– Entry into a conditional term sheet for the potential joint development of the Riau 1 Project – BlackGold to be appointed as the long-term exclusive coal supplier for 30 years upon successful awarding of the Project SINGAPORE — BlackGold Natural Resources Limited (the “Company”, and together with its subsidiaries, the “Group” or “BlackGold”), is pleased to announce that it has, through its subsidiary, PT Samantaka Batubara (“PT SB”), entered into a conditional term sheet (the “Term Sheet”) with China Huadian Engineering Co., Ltd. (“China Huadian”) for the joint development, construction, operation and maintenance of a 2 x 300 MW coal-fired…
HONG KONG — Champion Real Estate Investment Trust (“Champion REIT”) (Stock Code: 2778), owner of Three Garden Road and Langham Place, has won a total of five major accolades within two weeks, including “Best IR by Chairman/CEO” and “Best IR Presentation Collaterals” for mid caps at the Hong Kong Investor Relations Association (“HKIRA”) 3rd Investor Relations Awards, and “Asia’s Best CEO”, “Best Investor Relations Professional” and “Best Investor Relations Company” at the Corporate Governance 7th Asian Excellence Award. These awards reflect Champion REIT’s achievement in enhancing corporate governance and its excellence in fostering investor relations, which are widely recognised by the…
– PromarkerD predicted 86% of disease-free patients who went on to develop chronic kidney disease within four years – Largest prospective clinical study on diabetic kidney disease in the community, evaluating 792 patients over 4yr period – Presented at American Diabetes Association’s 77th Annual Scientific Sessions, 9-13th June in San Diego SAN DIEGO, CA — Proteomics International Laboratories Ltd (‘PILL’, ASX: PIQ), a global leader in applying proteomics to MedTech, has announced results from the clinical validation study showing that its PromarkerD blood test can predict the onset of diabetic kidney disease (DKD) better than any current measure. The findings were…
Themed “Belt and Road: Corporate Governance in Times of Opportunities” HONG KONG — The Hong Kong Institute of Directors (“HKIoD”) announced that its annual awards “Directors Of The Year Awards 2017” is open for nominations today. In its 17th year, the Award this year is themed “Belt and Road:Corporate Governance in Times of Opportunities” The “Belt and Road” initiative is one of the greatest blueprints for a 21st century vision. It has enormous development potential and is expected to become an important driver of the global economy in the future. This year is also the 20th anniversary of HKIoD and HKIoD’s…
HONG KONG — Great Harvest Maeta Group Holdings Limited (“Great Harvest”, the “Group” ; stock code : 3683.HK) has noticed a press article (the “Article”) published on an international shipping website splash247.com on 7 June 2017 with inaccurate content, hence publishing this clarification. In the Article, it was reported that the Group has made its debut in the container shipping sector by acquiring two secondhand containerships from a German owner. The Article also mentioned that the Group currently operates a fleet of five bulkers made up of three panamaxes, one post-panamax and one ultramax. The Group hereby clarifies that, the Group…
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…