ACN Newswire: latest releases

News releases provided by ACN Newswire - Asia Corporate News Network ACN Newswire - Asia Corporate News Network.

IBO Technology Announces 2021 Interim Results

Tuesday, November 30, 2021 - 2:30pm

HONG KONG, Nov 30, 2021 - (ACN Newswire) - IBO Technology Company Limited ("IBO Technology", or the "Company", together with its subsidiaries, the "Group"; Stock Code: 2708.HK) is pleased to announce its unaudited interim results for the six months ended 30 September 2021 (the "Period").

Key Points: 
  • HONG KONG, Nov 30, 2021 - (ACN Newswire) - IBO Technology Company Limited ("IBO Technology", or the "Company", together with its subsidiaries, the "Group"; Stock Code: 2708.HK) is pleased to announce its unaudited interim results for the six months ended 30 September 2021 (the "Period").
  • The Board of Directors did not recommend the distribution of interim dividend.
  • According to the Ministry of Industry and Information Technology of the PRC ("MIIT"), construction of 5G network for 10 key industries will be the focus to form 20 major and typical industrial application scenarios.
  • Information technology application innovation ("ITAI") industry has been one of the key technological aspects in the construction of "Digital China".

SinoMab Announces the Completion of Enrollment in Phase III Clinical Trial in China for its Flagship Product, SM03

Tuesday, November 30, 2021 - 11:50am

The patients currently in screening will be randomized by end of December 2021, given eligibility criteria are met.

Key Points: 
  • The patients currently in screening will be randomized by end of December 2021, given eligibility criteria are met.
  • SM03 (Suciraslimab), a potential global first-in-target anti-CD22 monoclonal antibody for the treatment of RA and potentially for the treatment of other immunological diseases, is currently in Phase III clinical trials in China.
  • The Phase III clinical trial is a multi-center, randomized, double-blind, placebo-controlled, parallel group study to confirm the clinical efficacy and long-term safety in active RA patients receiving methotrexate (MTX).
  • The efficacy and safety of Suciraslimab was previously evaluated in a phase II clinical study in moderate-to-severely active RA patients.

Charles Huang Foundation Makes Record-Breaking US$40 Million Donation to His Alma Mater, Wuhan University

Tuesday, November 30, 2021 - 7:02am

This philanthropic gift is the single-largest personal donation ever received by Wuhan University.

Key Points: 
  • This philanthropic gift is the single-largest personal donation ever received by Wuhan University.
  • Together with the US$70 million landmark grant given by CHF to the University of Strathclyde in the UK in September, Dr Huang has donated a total of US$110 million to his two alma maters through his philanthropic foundation this year.
  • Dr Charles Huang, Founder and Chairman of Charles Huang Foundation (Right), and Professor Dou Xiankang, President of Wuhan University (Left), jointly signed the unprecedented grant agreement
    The donation was formally made at a virtual signing ceremony held between Wuhan University campus in China and the Foundation headquarters in Pasadena, California, earlier today.
  • "As his alma mater, we are very proud that Wuhan University helped to cultivate such a global visionary entrepreneur like Dr Huang.

EC Healthcare Acquires Hong Kong Dental Services Chain

Monday, November 29, 2021 - 11:35pm

The Target Company is a dental services chain operator with a long-standing history in Hong Kong providing dental services in Hong Kong since 1958.

Key Points: 
  • The Target Company is a dental services chain operator with a long-standing history in Hong Kong providing dental services in Hong Kong since 1958.
  • As of the date of this announcement, the Target Company operates seven dental clinics located in Central, Tsim Sha Tsui, Mong Kok, Repulse Bay and Clean Water Bay of Hong Kong with 32 practicing dentists including dental general practitioners and specialists.
  • EC Healthcare is Hong Kong's largest non-hospital medical service provider*, leveraging its core businesses of preventive and precision medicine, and committed to developing medical artificial intelligence by integrating its multi-disciplinary medical services.
  • The move, which is supported by the Group's high-end branding and quality customer services, is aimed at offering customers safe and effective healthcare and medical services with professionalism.

EC Healthcare Announces FY2021/22 Interim Results

Monday, November 29, 2021 - 11:25pm

HONG KONG, Nov 30, 2021 - (ACN Newswire) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong, announces today its unaudited interim results for the six months ended 30 September 2021 (the "Period").

Key Points: 
  • HONG KONG, Nov 30, 2021 - (ACN Newswire) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong, announces today its unaudited interim results for the six months ended 30 September 2021 (the "Period").
  • Mr. Eddy Tang, Chairman, Executive Director and Chief Executive Officer of EC Healthcare said, "Looking ahead, the Group is optimistic about its business performance.
  • EC Healthcare enjoys an advantage of its long-established and influential brand and has always been the top choice of medical tourists in Hong Kong.
  • EC Healthcare is Hong Kong's largest non-hospital medical service provider*, leveraging its core businesses of preventive and precision medicine, and committed to developing medical artificial intelligence by integrating its multi-disciplinary medical services.

Data Sports Group to Bring its European Data Powerhouse into the Nascent U.S. Sports Betting Market

Monday, November 29, 2021 - 11:57am

Powering international sports betting sites like Dafabet, team sites in Bundesliga2 and sports media companies such as ESPN, DSG is poised to launch its industry leading B2B analytics and data platform into the US Market.

Key Points: 
  • Powering international sports betting sites like Dafabet, team sites in Bundesliga2 and sports media companies such as ESPN, DSG is poised to launch its industry leading B2B analytics and data platform into the US Market.
  • "We are thrilled to join forces with Stephen and SCCG management and to bring DSG's full portfolio and offering of data and technology solutions to the US sports betting market," said Sowbhagya 'Sow' Shetty, founder and President.
  • Data Sports Group (DSG) is female led real time provider of data and sports content solutions.
  • The services portfolio for the sports industry includes Sports Data Solutions for Betting and Fantasy; Content Acquisition for Media & Publisher Websites; Localized content and Predictive Analytics.

Soluna Launches Curtailment Assessment Service for Clean Power Producers

Monday, November 29, 2021 - 11:30am

Curtailment occurs when clean electricity providers, such as solar and wind farms, cannot sell all their power to a congested or over-supplied grid or must sell it at a loss.

Key Points: 
  • Curtailment occurs when clean electricity providers, such as solar and wind farms, cannot sell all their power to a congested or over-supplied grid or must sell it at a loss.
  • Soluna's Curtailment Assessment is a groundbreaking, proprietary service that analyzes a producer's historical data to determine how much additional revenue owners can see by incorporating flexible energy demand on-site from the company's modular data centers.
  • Power partners who are interested in receiving a custom assessment can submit data to Soluna for analysis under NDA.
  • Once received, Soluna's team analyzes the data, develops the custom Curtailment Assessment and a plan to solve the profit bleed.

Leon Fuat Berhad Posts 470% Rise in Quarterly PAT

Monday, November 29, 2021 - 11:00am

For the nine months ended 30 September 2021 (9M2021), PAT grew 918.5% to RM106.89 million compared with RM10.50 million registered in the corresponding period of the preceding financial year (9M2020).

Key Points: 
  • For the nine months ended 30 September 2021 (9M2021), PAT grew 918.5% to RM106.89 million compared with RM10.50 million registered in the corresponding period of the preceding financial year (9M2020).
  • Leon Fuat Berhad ('Leon Fuat' or the 'Group') primarily in the business of trading, processing and/or manufacturing (collectively referred to as "processing") of steel products, specialising in rolled long and flat products.
  • As part of the Group's value-added activities, Leon Fuat undertakes processing activities in the form of cutting, leveling, shearing, profiling, bending, finishing and production of welded steel pipe and expanded metal.
  • As an established name, Leon Fuat has a strong portfolio of customers of more than 3,000 and have a long-standing relationship with customers.

Regina Miracle FY22 Interim Revenue Hits New High of HK$4.1 Billion with a Turnaround in Adjusted Net Profit of HK$275.6 Million Driven by Development of Multiple Segments through Innovation

Monday, November 29, 2021 - 8:17am

Gross profit grew by 101.3% to approximately HK$980.6 million, with gross profit margin up by 4.7 percentage points to 24.0%.

Key Points: 
  • Gross profit grew by 101.3% to approximately HK$980.6 million, with gross profit margin up by 4.7 percentage points to 24.0%.
  • Consequently, the Group turned around to net profit of approximately HK$254.3 million (1HF2021: net loss of HK$32.4 million) and net profit margin at 6.2%.
  • The sportswear segment contributed approximately HK$1,036.4 million in revenue, up 58.6% year-on-year and accounting for 25.4% of total revenue.
  • Segmental gross profit climbed by 100.2% to approximately HK$243.4 million, with gross profit margin up by 4.9 percentage points to 23.5%.

World FinTech Summit - KSA to Gather Top Global FinTech Leaders to Discuss the Future of Payments

Monday, November 29, 2021 - 8:06am

The Inaugural edition of World FinTech Summit - KSA brings together the world's leading FinTech companies, entrepreneurs, investors and innovators to discuss the future of payments in The Kingdom of Saudi Arabia.

Key Points: 
  • The Inaugural edition of World FinTech Summit - KSA brings together the world's leading FinTech companies, entrepreneurs, investors and innovators to discuss the future of payments in The Kingdom of Saudi Arabia.
  • The virtual summit will gather some of the most influential voices in Saudi FinTech leaders this December.
  • The World FinTech Summit - KSA will feature keynotes from thought-leaders and industry experts, private networking sessions, private video meetings and more.
  • World FinTech Summit is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world.

GBA companies eyeing ASEAN opportunities

Monday, November 29, 2021 - 8:00am

The GBA companies surveyed said ASEAN countries' cost-effectiveness, abundant resources and huge markets are the key pull factors.

Key Points: 
  • The GBA companies surveyed said ASEAN countries' cost-effectiveness, abundant resources and huge markets are the key pull factors.
  • For their overseas expansion into ASEAN countries, GBA companies look to Hong Kong to provide more comprehensive information, services and support (40.9 per cent).
  • Mrs Ip said, "As an international financial centre with a strategic location within the GBA, Hong Kong can further enhance its role as an essential bridge for GBA companies when they expand into ASEAN countries.
  • UOB's dedicated Greater Bay Area team in Hong Kong also plays our part in helping GBA companies understand and appreciate the diversity of the ASEAN markets to capture more regional business opportunities."

Aurelius Technologies Berhad Launches Prospectus for Main Market Listing

Monday, November 29, 2021 - 3:00am

KUALA LUMPUR, Nov 29, 2021 - (ACN Newswire) - Aurelius Technologies Berhad ("ATech" or the "Company"), a provider of electronics manufacturing services ("EMS") for industrial electronic products enroute to a listing on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities"), is pleased to announce the launch of the Company's prospectus for the initial public offering ("IPO") today.

Key Points: 
  • KUALA LUMPUR, Nov 29, 2021 - (ACN Newswire) - Aurelius Technologies Berhad ("ATech" or the "Company"), a provider of electronics manufacturing services ("EMS") for industrial electronic products enroute to a listing on the Main Market of Bursa Malaysia Securities Berhad ("Bursa Securities"), is pleased to announce the launch of the Company's prospectus for the initial public offering ("IPO") today.
  • ATech offers a comprehensive range of EMS to multinational corporations across 11 countries covering Asia Pacific, Americas and Europe.
  • With a long track record of 28 years, ATech has built a business based on long-term client partnerships.
  • Maybank Investment Bank Berhad, which is part of Maybank Kim Eng Group, is the Principal Adviser, Sole Bookrunner and Sole Underwriter.

Tat Hong Equipment Service Co., Ltd. Announces 2021/22 Interim Results

Monday, November 29, 2021 - 12:35am

To meet the increasing customers' demand, the Group has purchased additional tower cranes and relevant ancillary parts and components in the period.

Key Points: 
  • To meet the increasing customers' demand, the Group has purchased additional tower cranes and relevant ancillary parts and components in the period.
  • About Tat Hong Equipment Service Co., Ltd. (Stock Code: 2153)
    Tat Hong Equipment Service Co., Ltd. ("THES") is the first foreign-owned tower crane service provider in the PRC.
  • As one of the indirect subsidiaries of Tat Hong Holdings Ltd, a company incorporated under the laws of Singapore, THES has been listed on the Hong Kong Exchange since 13 January 2021.
  • Source: Tat Hong Equipment Service Co., Ltd
    Copyright 2021 ACN Newswire .

HYPEBEAST LTD. (0150.HK) Delivers Record-breaking Interim Revenue of 54%+ and Increasing Profitability

Monday, November 29, 2021 - 12:15am

The Group has proven to overcome and emerge stronger from last year, indicated by the all-time high interim performance recorded in 1H2022.

Key Points: 
  • The Group has proven to overcome and emerge stronger from last year, indicated by the all-time high interim performance recorded in 1H2022.
  • Revenue experienced an overall strong double-digit percentage growth, with an increase of 54.4% as compared to 1H2021, with the Media segment excelling with a 89.4% increase in revenue, reaching HK$326.9 million.
  • Hypebeast Ltd. made consistent efforts in strategic expansions that attracted and reached a broader customer base across different regions.
  • The overall increase was mainly attributable to more favourable prior year comparatives due to management-led cost-saving measures employed during 1H2021.

FireStarter Implements Blockpass KYC for Incubated Metaverse Projects

Saturday, November 27, 2021 - 6:00pm

San Francisco-based FireStarter is the first Initial Metaverse Offering (IMO) launchpad on the Polygon network, incubating GameFi, Social Token, NFT and DeFi projects.

Key Points: 
  • San Francisco-based FireStarter is the first Initial Metaverse Offering (IMO) launchpad on the Polygon network, incubating GameFi, Social Token, NFT and DeFi projects.
  • FireStarter provides resources to the top metaverse projects and communities, leading to an IMO where projects open their presale funding rounds to early supporters and $FLAME Token Holders.
  • "We're delighted to be working with FireStarter as they support new projects and start-ups," said Adam Vaziri, Blockpass CEO.
  • "In working with the top metaverse projects, a certain standard is needed for a safe and compliant KYC solution.

Exhibition revealing early human civilization opens in Beijing

Saturday, November 27, 2021 - 10:00am

BEIJING, Nov 27, 2021 - (ACN Newswire) - An exhibition on the 10,000-year-old Shangshan culture opened at the National Museum of China on Nov. 21.

Key Points: 
  • BEIJING, Nov 27, 2021 - (ACN Newswire) - An exhibition on the 10,000-year-old Shangshan culture opened at the National Museum of China on Nov. 21.
  • Rice, Origin, Enlightenment: Special Exhibition of Shangshan Culture Archaeological Discoveries in Zhejiang.
  • Through nearly 200 artifacts from early, middle, and late Shangshan Culture, with background information, reconstructions, and multimedia, the exhibition aims to reveal production and life in the East Asian rice culture represented by Shangshan Culture.
  • An important part of the exhibition, a seminar on the civilization of China and Zhejiang was also held at the National Museum.

Infomatix to launch its token-powered knowledge platform

Saturday, November 27, 2021 - 9:00am

The platform seeks to unify and make accessible pricing data for digital and non-digital assets, across thousands of niches, collectively worth billions of dollars.

Key Points: 
  • The platform seeks to unify and make accessible pricing data for digital and non-digital assets, across thousands of niches, collectively worth billions of dollars.
  • Financial information to support the non-digital asset classes is contributed on-demand to the platform by subject matter experts who are incentivized to immortalize their knowledge with the $INFO token.
  • After a successful launch - including an IDO that sold out in 30 seconds - the Infomatix team is working on the alpha release of the platform, scheduled for Q1 in 2022.
  • The Infomatix platform links experts to requests, allowing them to monetize their expertise and provide information to the requesters.

China Motorcycle & E-vehicle Brand appears at EICMA 2021

Saturday, November 27, 2021 - 8:30am

Event banner (above) & Group photo (below) of speakers and brand representatives at the "China Motorcycle and E-vehicle Brand" press conference in the main EICMA exhibition venue, Nov 24, Milan, Italy.

Key Points: 
  • Event banner (above) & Group photo (below) of speakers and brand representatives at the "China Motorcycle and E-vehicle Brand" press conference in the main EICMA exhibition venue, Nov 24, Milan, Italy.
  • The extensive participation of Chinese two-wheeler brands at EICMA 2021 was a practical, significant move to promote economic cooperation and trade exchange between China and Italy, against a post-pandemic backdrop.
  • The "China Motorcycle and E-vehicle Brand Walks in Milan and Approaches the World" promotional activity aims to build a communications bridge between China and Italy and the larger manufacturing industry in the aftermath of COVID.
  • MEGA CHINAMOTOR covers China's motorcycle, electric bike and electric motorcycle news, reviews, videos, exhibitions, magazines, consulting services & more.

Bitcoin Latinum Takes Over Miami with NFT Events During Art Basel

Saturday, November 27, 2021 - 8:00am

DCentral Miami leads off Art Basel, one of the biggest art events in the United States.

Key Points: 
  • DCentral Miami leads off Art Basel, one of the biggest art events in the United States.
  • Bitcoin Latinum will open Art Basel 2021 with an NFT Minting and Landmark Sports Event, GENESIS, on Wednesday, December 1st at Art Basel Miami.
  • Genesis marks a new partnership between Bitcoin Latinum and TapStats, Inc., that redefines fan engagement and the economics of sports.
  • Monsoon Blockchain, Bitcoin Latinum's lead developer, has announced plans for Bitcoin Latinum to officially list on 10 major public exchanges.