Targets to raise RM34.4 million from the IPO Plans to grow B2C sales through expanding to more e-commerce platforms in new markets Synergy House Berhad, a cross-border e-commerce seller and furniture exporter of ready-to-assemble (RTA) home furniture, launched the prospectus for its initial public offering (IPO) today in conjunction with its upcoming listing on the ACE Market of Bursa Malaysia Securities Berhad. The IPO will raise RM34.4 million via the issuance of 130.0 million new shares at an IPO price of RM0.43 per share which is expected to support the Group’s future growth and expansion plans. The IPO proceeds raised…
Author: Marie Jones
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According to people familiar with the matter, Fosun International’s offshore multi-currency syndicated loan was officially launched in early May, and it has obtained a loan of more than US$450 million in equivalent so far. The offshore syndicated loan was jointly initiated by seven banks including Bank of China, Bank of East Asia, Commerzbank, Hang Seng Bank, HSBC, Natixis Bank, and Standard Chartered Bank as lead bookrunners. Since the formation of the syndicate, more than 10 banks have joined and banks may join through the “greenshoe option” in the next three months. In January this year, Fosun’s domestic entity obtained a…
The Manufacturing IT Summit is India’s leading Manufacturing conference, bringing together the most influential IT leaders from the Manufacturing industry to discuss today’s most pressing technological challenges to foster deeper collaboration and generate new ideas. The 22nd Edition Manufacturing IT Summit is an event organized exclusively for Technology leaders from multiple leading businesses, institutions and government officials representing India’s manufacturing sector. This summit is a platform for manufacturers, technology providers, and industry experts to come together and discuss the latest trends and technologies in the manufacturing sector. The summit focuses on the role of information technology in manufacturing and how it can…
The Digital Transformation Summit: Philippines, the 19th Edition of its kind, is poised to become the premier platform for forging strategic partnerships, addressing critical business challenges, and fostering knowledge transfer in order to accelerate the technology revolution in the Philippines. Scheduled to take place on June 16th, 2023, in Manila, the by-invitation-only in-person summit promises to be an exceptional event supported by the prestigious Analytics Association of the Philippines (AAP), Cyber Security Philippines Cert, and Fintech Alliance.ph. The summit will bring together industry leaders and experts from various sectors, offering unparalleled opportunities to share experiences and insights on leveraging digital technologies…
PT PLN (Persero) shows its readiness to support the 42nd ASEAN Summit on 9th-11th of May 2023 in Labuan Bajo, East Nusa Tenggara (NTT). This commitment is conveyed by President Director of PLN, Darmawan Prasodjo during his speech in electricity standby rally with the Governor of NTT, Viktor Laiskodat at the Flores Gas Engine Power Plant (PLTMG), Rangko, East Nusa Tenggara, Sunday (7/5). “The electricity for ASEAN Summit in Labuan Bajo will be supplied by Flores System with the capacity of 105.38 megawatts (MW) and the estimated peak load during the event is 89.93 MW, so the power reserve is…
The World Institute for Nuclear Security (WINS) will launch Voices of Ukraine: Volume I on 15 May 2023 at Sofiensale in Vienna, Austria. The book contains direct testimony of nuclear workers in Ukraine and examines the impact of the Russian war on the personal level and on global and nuclear security. The launch features testimony from five nuclear workers and addresses by: – Minister German Haluschenko, Minister of Energy of Ukraine – Mr Petro Kotin, Director General of Energoatom – Ambassador Yevhenii Tsymbaliuk, Permanent Representative of Ukraine to the International Organisations – Ambassador Laura S H Holgate, US Ambassador to…
NEW YORK/PARIS/TOKYO, May 11, 2023 – (ACN Newswire) – The future of travel is here. After months of anticipation, Travelzoo META, a members-only service offering groundbreaking Metaverse travel experiences, is now accepting its first one million Founding Members. Launched by Travelzoo® (NASDAQ: TZOO), a global Internet media company, Travelzoo META will give Founding Members the opportunity to be the first to experience travel in the Metaverse. Travelzoo META’s experiences are intended to allow its members to explore hard-to-reach corners of the world, like summiting Mount Everest, or travel back in time—to Ancient Rome, perhaps. They can also discover new spaces beyond…
CITIC Telecom CPC wins Veeam Cloud & Service Provider partner of the Year, Hong Kong for 6 consecutive years CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly owned subsidiary of CITIC Telecom International Holdings Limited (HKG:1883) that provides multinational enterprises the world over with highly scalable and tailored ICT solutions to meet their specific business requirements, announced today it obtained two Veeam Customer Ready competencies: Off-site Backup (https://www.veeam.com/managed-backup-as-a-service.html?ad=menu-solutions) and BaaS for Microsoft 365 (https://www.veeam.com/backup-as-a-service-for-microsoft-365.html?ad=menu-solutions). Their next goal is to earn a third credential: DRaaS (https://www.veeam.com/disaster-recovery-as-a-service-draas.html?ad=in-text-link). CITIC Telecom CPC partnered with Veeam in 2010 and was the first cloud…
The Asia Video Industry Association (AVIA) welcomed over 100 guests to its Taiwan in View conference, with Deputy Minister of Culture, Sue Wang, giving the opening remarks as the Guest of Honour. Deputy Minister Wang highlighted the importance of the video industry in Taiwan and announced that the Cultural and Creative Industries Development Act will be revised to foster its growth. She said that the government aims to work closely with video operators and urge them to invest more comprehensively in the video industry, beyond films and into local content creation. She also emphasized the need to safeguard local content…
GroundUp Studios, a forward-thinking, web3-focused music label today announced that it has officially launched its operations in Hong Kong. The company is one of the first entertainment platforms in Asia focused on the development of original art and music utilizing NFT and blockchain technology. GroundUp Studios’ vision is to shine a light on the impressive pool of musical and artistic talent in the region. By using transformative technologies like blockchain and NFTs, it aims to drive the creation and commercialization of art that will be ultimately seen and embraced around the world. GroundUp’s plan is to build a comprehensive web3…
Orca Security provides a single cloud security platform to unify cloud risk management, eliminating the need for disparate and legacy solutions Lumen Technologies (NYSE: LUMN), a leading global provider of cloud computing platform and solutions, today announced a new partnership with the pioneer of agentless cloud security, Orca Security, to provide Asia Pacific (APAC) organisations with a comprehensive solution to manage cloud threats and maintain strict compliance standards. This strategic partnership will allow Lumen to expand its security solution for Managed Extended Detection and Response (MXDR) in APAC. The Orca Cloud Security Platform helps increase protection across an attack surface…
StrikeX Technologies Ltd., a leading provider of blockchain solutions, is pleased to announce the launch of its Web3 Consultancy Services. This new service aims to educate and advise traditional financial institutions on the potential of the rapidly evolving digital landscape. As part of this exciting development, StrikeX has already signed a prominent UK-based financial institution with global operations as its inaugural client. This partnership marks a significant milestone in StrikeX’s mission to bridge the gap between traditional finance and Web3 technologies. “The introduction of StrikeX’s Web3 Consultancy Service signifies a natural evolution for our organization,” said Joe Jowett, CEO of…
Metallic Minerals Corp. (TSX.V:MMG)(OTCQB:MMNGF) (Metallic Minerals or the Company) is pleased to announce a strategic equity investment by a wholly-owned subsidiary of Newcrest Mining Limited (Newcrest) in the form of a non-brokered private placement, with the goal of advancing the Company’s La Plata copper-silver-gold-platinum group element alkalic porphyry project in Colorado, USA. Pursuant to the private placement, Newcrest will complete a financing of $6.34 million, consisting of 15,838,593 units of Metallic Minerals at a price of $0.40 per unit, with each unit comprising one common share and 0.75 of a common share purchase warrant. This represents a 13% premium to…
Envision Pharma Group (Envision) today announced the appointment of Dr. Deepti Sodhi Jaggi to the Envision Board of Directors. “We are pleased to welcome Deepti to the Envision Board of Directors,” shares Meg Heim, CEO of Envision Pharma Group. “Deepti’s deep experience in the technology of Artificial Intelligence (AI) and digital therapeutics in the life sciences industry will be invaluable to our mission at Envision as we continue to accelerate our global business expansion and commitment to our clients, and most importantly, impacting patient lives in a positive manner.” Dr. Jaggi’s career includes over 20 years of experience in driving…
Net profit up 22.3% Sales outperforms pre-pandemic levels Nissin Foods Company Limited (Nissin Foods or the Company, together with its subsidiaries, the Group; HKG: 1475) today announced its unaudited first quarter financial results for the three months ended 31 March 2023 (“the Reporting Period”). The Group’s revenue was HK$1,024.4 million (2022: HK$1,061.8 million). Gross profit grew 8.8% YoY to HK$362.1 million (2022: HK$332.8 million). Gross profit margin increased significantly to 35.3% (2022: 31.3%), mainly attributable to the implementation of price adjustments and easing of raw material costs. Profit attributable to owners of the Company grew 22.3% to HK$110.5 million (2022:…
EC Healthcare (the Company, which together with its subsidiaries is referred to as the Group, HKG: 2138), the largest non-hospital medical group in Hong Kong*, is pleased to announce the signing of its first syndicated sustainability-linked loan (“SLL”) with a consortium of 5 banks. The SLL was upsized from an initial target of HK$ 700 million to HK$ 1,000 million, demonstrating relationship banks’ strong support for the Group and reflecting their confidence in the growth potential of the healthcare industry. This syndicated SLL, comprising of a revolving credit and term loan, is the first-of-its-kind for a healthcare services provider in…
Development of material with high hardness, low specific resistance, and high pliability that allows for use in a wide range of probe pins for semiconductor test equipment TOKYO, May 9, 2023 – (JCN Newswire) – TANAKA Kikinzoku Kogyo K.K. (Head office: Chiyoda-ku, Tokyo; Representative Director & CEO: Koichiro Tanaka), which operates the TANAKA Precious Metals manufacturing business, announced the launch of TK-FS, a new allow for probe pins of probe cards and test sockets used in the testing process of semiconductor manufacturing. Samples started shipping in July of 2022, and a material with even better performance has been achieved through continuous research…
Prominent Australian healthcare provider Northern Health joins the growing number of Agfa HealthCare customers in ASPAC, who are already leveraging the benefits of unified Enterprise Imaging platform. The agreement supports Northern Health’s vision to transform its healthcare services through outstanding innovations and excellence. Agfa HealthCare is pleased to announce that it has signed a five-plus-five-year agreement with Northern Health, in Melbourne, Australia. Agfa’s latest generation of the Enterprise Imaging 8.2 Platform for Radiology, including RUBEE(R) for AI framework, will enhance the provider’s healthcare delivery capabilities. Enterprise Imaging innovations will bring “life in flow” to radiologists, and deliver advanced solutions, automation…
This partnership enables simplified access to global markets and optimized cross border payments for corporate treasury and finance professionals. Today, StoneX Global Payments and TIS have formally announced an official partnership agreement. Under the arrangement, StoneX and TIS will combine their extensive experience in cross-border payments and cloud-native payment solutions to create an unparalleled level of global service and coverage for corporate treasury and finance teams. The partnership, which leverages both companies’ comprehensive industry knowledge and market-leading software solutions, enables corporate clients to drastically simplify the complexity of cross-border and foreign exchange payments. As a result, treasury and finance professionals…
HOYA Vision Care, a leader in optical technology innovation, continues to roll out the MiYOSMART sun range, with a planned reach of 30 countries, over the next few months following the soft launch in April 2023. The photochromic spectacle lenses, MiYOSMART Chameleon, and polarised spectacle lenses, MiYOSMART Sunbird, were developed to slow down myopia progression in children using D.I.M.S. Technology while providing protection from intense sunlight.[1-5] These two new products, along with the MiYOSMART clear spectacle lenses which launched in 2018, give children the freedom to comfortably take part in the activities they enjoy indoors and outdoors without compromising their…