Author: Marie Jones

Singapore investor and former parliamentarian Calvin Cheng has announced that his wholly-owned, newly rebranded Swiss company, Anchored Coins AG (“Anchored Coins”), will be issuing two stablecoins – a Euro-backed stablecoin AEUR, and a Swiss Franc-backed stablecoin ACHF. Both stablecoins will be backed 1-to-1 by their respective fiat currencies and held in Swiss banks. The stablecoins will be issued on the Ethereum and BNB Chain public blockchains. Earlier this year, the company was granted membership in the Swiss VQF, which means it has to comply with Swiss anti-money laundering obligations. Calvin Cheng, Chairman of Anchored Coins said, “Switzerland has very clear regulatory guidelines for…

Kingworld Medicines Group Limited (Kingworld Medicines or the Group, HKG: 01110), a leading healthcare distribution company, announced on 15th that the Group plans to further subscribe for the shares of Taiko Pharmaceutical Co., Ltd. (Taiko Pharmaceutical,” JP: 4574) at a price of 338.58 yen per share (equivalent to approximately 18.35 Hong Kong dollars). The additional subscription will involve 1,007,500 shares of Taiko Pharmaceutical and representing approximately 2.08% of the enlarged issued share capital of Taiko Pharmaceutical. The total consideration for this transaction value amounts to 341,119,350 yen (equivalent to approximately 18,488,669 Hong Kong dollars). After this acquisition, combined with the…

Impro Precision (HKG: 1286), the world’s sixth largest independent and China’s largest investment casting manufacturer, announced its 2023 interim results last week. Sales increased by 9.7% year-on-year to HK$2.4 billion, while net profit rose by 13.3% year-on-year to HK$300 million, which is no mean feat considering the various unfavorable factors at play, including a sluggish China economy which saw a good start earlier in the year, sales dampened by the Nantong plant which had not resumed production following the fire, higher depreciation costs of the new plants in Mexico as they are still in the ramp-up stage, and currency appreciation,…

The stage is set for a symphony of innovation and purpose as the Futurist Showcase takes center stage August 18, at 7:15 p.m. This exclusive event, a convergence of luminaries, will spotlight two trailblazing enterprises — Global Cannabis Holdings (GCH) (https://globalcannabisholdings.lu) and Avi8ted Ventures (https://avi8tedthoughts.com). These visionary companies are poised to reshape industries and redefine societal progress, all against the backdrop of the exquisite Pierce School Penthouse, a residence synonymous with entrepreneurial spirit and forward-thinking excellence. The visionary forces behind the Futurist Showcase are entrepreneurs Charlton Woodyard II, CEO of Avi8ted Ventures, and Brock Pierce, the President of the Bitcoin…

The 50-day countdown has begun for two highly-anticipated international technology congresses, the 27th World Congress on Innovation and Technology and the 6th International Digital Economy Conference Sarawak, collectively known as WCIT|IDECS 2023. Hosted by the Sarawak Government, the event is set to bring together visionaries, experts, and industry leaders from around the world, and is scheduled to take place simultaneously on 4-6 October 2023 at the Borneo Convention Centre Kuching (BCKK), Sarawak, Malaysia. Present today to officiate the countdown launch event of WCIT|IDECS 2023 was Yang Berhormat (YB) Datuk Haji Julaihi Bin Haji Narawi, Minister of Utility and Telecommunication (MUT)…

ACROMETA Group Limited, an established specialist engineering service provider in the field of controlled environments serving mainly the healthcare, biotechnology, pharmaceutical, research and academia sectors, announced today that its wholly-owned subsidiary company Acromec Engineers Pte Ltd has been awarded a S$19 million contract for the design and construction of a 1,500 sqm high containment biosafety level research laboratory. The facility is designed for research on highly infectious pathogens potentially carried by infected animals and spread through airborne transmission. The state-of-the-art project involves the construction of a high containment biosafety laboratory using modular panels for both reliability and durability to withstand…

Ganjar Pranowo, the Governor of Central Java, Indonesia, is committed to driving the development of SMEs (Small and Medium Enterprises) in the region, to reach an international level. As of Q1 2023, SME export volume from Central Java had reached US$2.5 billion, resulting in a surplus of US$708 million for the province. During his two terms in office from 2013 to 2023, Ganjar facilitated the growth of SMEs through robust initiatives. One notable innovation was “Hetero Space,” a creative hub addressing the educational needs of SMEs, offering knowledge on aspects such as bookkeeping, packaging, branding, and even photography skills required…

Yuexiu Real Estate Investment Trust (Yuexiu REIT, together with Yuexiu REIT Asset Management Limited, collectively known as the REIT; HKG: 405) announced its interim results for the six months ended 30 June 2023. 2023 Interim Results Summary: – Overall operation grew steadily, with total revenue of RMB1,061 million, representing a 12.4% year-on-year increase. – Distribution of approximately RMB0.0541 per unit, equivalent to approximately HK$0.0590 for the period. This represents an annualized distribution yield of 7.07%. – As at 30 June 2023, the overall occupancy rate of the properties was approximately 84.0%. Guangzhou International Finance Center (GZIFC): – Tapped into potential…

Recently, Shanghai Bravowhale Information Technology Co., Ltd. (hereinafter referred to as Bravowhale Technology), China first accredited platform with the I-REC Standard Foundation, and Evident held a week-long technology docking workshop in Hong Kong, China. The two parties discussed how to efficiently realize the I-REC technical verification and automatic issuance request submission of the international green certificate to further in-depth docking, and the cycle from the approval, registration to issuance of the I-REC international green certificate has been greatly shortened, potentially to within several hours. This work is intended to support national issues in managing large data volumes, such as meter…

 Core Healthcare Business[1] revenue remains resilient and the Group has a healthy net cashflow from operating activities for 1H23 of $14.2 million, providing cash resources for sustainable growth. Well-positioned to cater to the rising demand for primary and high value specialist dental healthcare services through network expansion and optimisation of the Group’s Artificial Intelligence system. 1st interim dividend of 0.16 cents per shares to be paid on 13 September 2023. Mainboard-listed Q&M Dental Group (Singapore) Limited (Q&M, the Company, and together with its subsidiaries, the Group) today reported total revenue of S$87.1 million, and profit after tax attributable to parent…

There were numerous worldwide offers from promoters for British boxing Olympic medalist Joshua Buatsi. Still, he finally chose to sign with promoters Boxxer, who hold the exclusive TV rights for the UK’s largest TV sports network, Sky Sports. Mazhar Majeed, the owner of Star People and advisor to Buatsi, negotiated Joshua’s multi-million pound, multi-year contract with his first fight on Sky Sports on May 6, 2023. The anticipated return to the ring of the undefeated Joshua Buatsi against Polish champion Pawel Stepien took place at the Resorts World Arena in Birmingham in conjunction with global broadcasting partner Sky Sports and…

The 3rd Global Food Security & Sustainability Summit 2023 is delighted to announce its upcoming event. As a gathering of the most influential minds in food security and sustainability, the summit is set to take place on the 29th of August, 2023 in Danang, Vietnam. This year’s theme, “Innovating for Sustainability: The Future of Agriculture and the Food System”, aims to highlight the importance of sustainable innovation in shaping the future of agriculture and the overall food system. The summit will provide a platform for leading experts and stakeholders in the field to exchange insights, discuss strategies, and identify solutions…

VinFast’s Ordinary Shares and Warrants to Begin Trading on the Nasdaq on August 15, 2023 under Ticker Symbols “VFS” and “VFSWW,” respectively. VinFast Auto Ltd. (VinFast) and Black Spade Acquisition Co (NYSE: BSAQ) (Black Spade) today announced the completion of their previously announced business combination (the Business Combination). The listed company following the Business Combination is VinFast Auto Ltd., and its shares and warrants will commence trading on the Nasdaq Stock Market LLC (Nasdaq) under the ticker symbols VFS and VFSWW, respectively, on August 15, 2023. The announcement of the completion of the Business Combination comes after Black Spade’s shareholders…

Hertz Lithium Inc. (CSE: HZ) (OTCQB: HZLIF) (FSE: QE2) (Hertz and/or the Company) is pleased to announce the acquisition of the option (the Option) to acquire a 100% interest in the Patriota Lithium Project. The Company acquired the Option pursuant to the terms and conditions of an option assignment agreement (the Assignment Agreement) entered into among the Company, Brascan Resources Inc. (Brascan), BHBC Exploracao Mineral LTDA (BHBC), and RTB Geologia e Mineracao LTDA (RTB, and together with BHBC, the Optionors). Pursuant to the Assignment Agreement, the Company has acquired Brascan’s rights, including the Option, granted pursuant to an option agreement…

Speeding up Domestic Clinical Trials  A Hong Kong-based biopharmaceutical company dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases- SinoMab BioScience Limited (HKG: 3681, SinoMab or the Company), is pleased to announce that the Investigational New Drug (IND) application, for the treatment of patients with asthma for the Company’s First-in-Class (FIC) therapeutic product SM17, was approved by the National Medical Products Administration of China (the NMPA) on 11 August 2023. The Company plans to conduct a Phase I clinical study in China soon to investigate the safety profile of SM17 in Chinese population…

Dr. Egon Cholakian, a distinguished CERN and NASA scientist with an extensive experience in climate research and national security matters, has announced the Unified International Scientific Center (UISC) initiative on his newly-launched platform: Earth Save Science Collaborative (ESSC). This groundbreaking initiative led by Dr. Egon Cholakian aims to unite scientists from all around the globe to launch a comprehensive multidisciplinary study of the drastic effect of climate change on our planet, and to devise viable solutions to this global issue. The creation of such a Unified International Scientific Center presents an unparalleled opportunity for researchers across diverse disciplines to converge,…

In this article, let’s take a look at Decimal’s blockchain roadmap, achievements in 3 years, and upcoming updates. It’s been three years since the first block of the Decimal blockchain was launched. In this article, we will highlight the key milestones of Decimal’s development and the biggest achievements. Development of the Decimal Blockchain Mainnet launch date – August 1, 2020 2021: 50,000 active addresses, 50 algorithmic tokens, 12 validators 2022: 130,000 active addresses, 120 algorithmic tokens, 27 validators 2023: 190,000 active addresses, 250th position on the world blockchain list according to CoinMarketCap, 261 algorithmic tokens, 76 validators The Decimal blockchain…

Company’s lawyers have advised that 4 shareholders seeking to hold an EGM on 22 August had breached Company’s Constitution ASTI accused the requisitioners of ‘usurping the right, power and entitlement of its directors to scrutinize, attend and conduct the proposed EGM (assuming that it was otherwise properly called)’ ASTI intends to release its audited FY2021 results this Wednesday and hold AGM on 31 August, which will facilitate the progress of a Potential all-cash Exit Offer already proposed by a consortium Company is also asking SIAS to hold a dialogue next week that will include all shareholders, including requisitioners and representatives…

Maxim Group LLC (“Maxim”) issues research report on Society Pass Inc. (Nasdaq: SOPA) (“SoPa”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem. Click Here (on Maxim research website) or Here (on Society Pass website) to view the full Maxim research report. Summary Points: Diversification– SOPA started 2022 with just F&B (food & beverage) and Leflair (lifestyle) and now has 6 verticals. The company has also expanded to 5 countries; Singapore, Vietnam, Philippines, Indonesia, and Thailand. Maxim believes there are significant cross selling opportunities. Specifically, Maxim believes Thoughtful Media can market the company’s other brands and the lifestyle business can be expanded geographically. Maxim has a…

Mega promotion to spotlight benefits of partnering with Hong Kong to tap post-pandemic opportunities in Asia The Hong Kong Trade Development Council (HKTDC) will take its mega promotion campaign, Think Business, Think Hong Kong, to Paris on 19 September. The full-day symposium, set to take place at Carrousel du Louvre Paris, will bring together business leaders from Hong Kong and France to discuss the latest developments and opportunities in Asia’s new economy and across diverse sectors, including green finance, sustainability, innovation and technology, and more. As the HKTDC’s first large-scale promotion event in Europe after the pandemic, it is expected…