ACN Newswire: latest releases

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

HKIoD Releases Revised Guide for INEDs

Wednesday, April 7, 2021 - 1:58am

To provide up-to-date practice guidance, The Hong Kong Institute of Directors ("HKIoD") releases a complete revision of one of its flagship publications, Guide for Independent Non-Executive Directors ("the Guide").

Key Points: 
  • To provide up-to-date practice guidance, The Hong Kong Institute of Directors ("HKIoD") releases a complete revision of one of its flagship publications, Guide for Independent Non-Executive Directors ("the Guide").
  • "While listed companies are mandated by Listing Rules to appoint INEDs to the board, non-listed companies may introduce diversity in perspectives on the board by appointing INEDs."
  • One important emphasis of the Guide is on corporate sustainability through ESG adoption and reporting led by the board, with INEDs serving as catalyst.
  • The HKIoD Guide for Independent Non-Executive Directors can be downloaded for free and nominations of candidates for Directors Of The Year Awards 2021 are welcomed.

Deltacore Capital, LLC launches Deltacore Digital Global LP

Tuesday, April 6, 2021 - 7:00pm

AUSTIN, TX, Apr 7, 2021 - (ACN Newswire) - Deltacore Capital, LLC, the crypto-firm managing Deltacore Digital Assets LP, a hedge fund that trades crypto-assets, has announced Deltacore Digital Global LP, a 506(c) overseas hedge fund offering international clients access to Deltacore's proprietary investment strategy, which has yielded 560.9% since its inception in April, 2018.

Key Points: 
  • AUSTIN, TX, Apr 7, 2021 - (ACN Newswire) - Deltacore Capital, LLC, the crypto-firm managing Deltacore Digital Assets LP, a hedge fund that trades crypto-assets, has announced Deltacore Digital Global LP, a 506(c) overseas hedge fund offering international clients access to Deltacore's proprietary investment strategy, which has yielded 560.9% since its inception in April, 2018.
  • Deltacore employs proprietary solutions that give it a unique advantage in the digital asset market.
  • This has placed Deltacore Digital Assets LP in the top 40 of all 13,338 reporting funds by measure of its 2020 net performance according to Preqin.
  • The launch of Deltacore Digital Global LP marks a step in the continued growth of Deltacore Capital, and the cryptoasset market generally.

Volcano IPO Debut Sees Jump of 100% to 70 sen on ACE Market

Tuesday, April 6, 2021 - 9:00am

KUALA LUMPUR, Apr 6, 2021 - (ACN Newswire) - Volcano Berhad ("VOLCANO", Stock Code: 0232), a leading international manufacturer of nameplates and plastic injection moulded parts, successfully listed on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") today.

Key Points: 
  • KUALA LUMPUR, Apr 6, 2021 - (ACN Newswire) - Volcano Berhad ("VOLCANO", Stock Code: 0232), a leading international manufacturer of nameplates and plastic injection moulded parts, successfully listed on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities") today.
  • In today's highly competitive business environment, this expansion will accelerate our move towards automation and streamline our manufacturing process to ensure sustainable growth.
  • Volcano's foreign market accounts for more than 95% of overall revenue in the financial year ended 31 December 2020.
  • TA Securities Holdings Berhad is the Principal Adviser, Sole Placement Agent, Sole Underwriter and Sponsor for the IPO exercise.

Avantor Named Best Bioprocessing Supplier in Single-Use Manufacturing at Asia-Pacific Bioprocessing Excellence Awards 2021

Tuesday, April 6, 2021 - 5:29am

Singapore, Apr 6, 2021 - (ACN Newswire) - Avantor Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies and applied materials industries, was named Best Bioprocessing Supplier in Single-Use Manufacturing at the Asia-Pacific Bioprocessing Excellence Awards 2021 held recently.

Key Points: 
  • Singapore, Apr 6, 2021 - (ACN Newswire) - Avantor Inc. (NYSE: AVTR), a leading global provider of mission-critical products and services to customers in the life sciences, advanced technologies and applied materials industries, was named Best Bioprocessing Supplier in Single-Use Manufacturing at the Asia-Pacific Bioprocessing Excellence Awards 2021 held recently.
  • Avantor was also awarded Best Company in Bioprocessing Excellence for Single-use Solutions at Biologics Manufacturing Korea 2020.
  • For information, visit avantorsciences.com and find us on:
    The Asia-Pacific Bioprocessing Excellence Awards seeks to give recognition to exceptional bioprocessing experts, organizations and technologies that facilitate biomanufacturing excellence with enhanced speed, reduced cost, and superior quality.
  • 2021 marks the fifth year of ABEA, which was first established in 2017 and backed by industry requests.

Join Asia's top Cloud and Cybersecurity Experts as they discuss Industry 4.0 developments at Digital Week, 20-22 April 2021

Tuesday, April 6, 2021 - 3:05am

From 20-22 April 2021, you can join this virtual conference for live Q-and-A sessions, expert panel discussions, and live product demonstrations.

Key Points: 
  • From 20-22 April 2021, you can join this virtual conference for live Q-and-A sessions, expert panel discussions, and live product demonstrations.
  • Hear insights from regional tech giants including IBM, Rakuten, Cloud Security Alliance, Coupang, HSBC, AWS, Microsoft, and many more!
  • Whether you're interested in cloud security or the rise of digital banking, Digital Week has something for everyone as we explore the Cloud & IT ecosystem of Northeast Asia.
  • W.Media educates both industry stakeholders and the public on the latest developments in these industries through personalized engagement with the marketplace.

Tiger Brokers Singapore Achieves 100% Growth in Account Openings for Three Consecutive Quarters in 2020; Continues to Focus on Untapped Gen Z Market

Tuesday, April 6, 2021 - 3:00am

SINGAPORE, Apr 6, 2021 - (ACN Newswire) - Tiger Brokers Singapore, the Xiaomi-backed online trading platform, today revealed continued exponential growth and momentum among its user base in Singapore.

Key Points: 
  • SINGAPORE, Apr 6, 2021 - (ACN Newswire) - Tiger Brokers Singapore, the Xiaomi-backed online trading platform, today revealed continued exponential growth and momentum among its user base in Singapore.
  • Eng Thiam Choon, Chief Executive Officer of Tiger Brokers Singapore, also shared, "Compared to a decade ago, trading seems to be out of reach to many.
  • About Tiger Brokers (Singapore) Pte Ltd.
    Tiger Brokers (Singapore) Pte Ltd is a brokerage firm operating with a CMS Licence from the MAS.
  • Tiger Brokers (Singapore) is the Singapore entity of UP Fintech Holding Limited, known as Tiger Brokers in Asia, a leading online brokerage firm focusing on global investors.

The Great Outdoors RV Announces Partnership with Top Off-grid Manufacturer Taxa Outdoors

Monday, April 5, 2021 - 3:00pm

"We're proud to partner with TAXA here at The Great Outdoors," says Matt Brown, General Manager of TGORV.

Key Points: 
  • "We're proud to partner with TAXA here at The Great Outdoors," says Matt Brown, General Manager of TGORV.
  • We've found a product that allows the true off-grid enthusiast to take off-road, and truly get lost in the great outdoors.
  • Providing a unique experience for the RV enthusiast, The Great Outdoors RV is a locally-owned RV retailer based in Greeley, Colorado.
  • TAXA Outdoors attracts a diverse demographic including RV users, but primarily those who love camping and the outdoors but require more than a tent.

China Medical System (0867.HK): Accelerating Development and Stepping to a New Height Driven by Innovation

Friday, April 2, 2021 - 1:00pm

Recently, China Medical System Holdings Limited ("CMS" or the "Company") has released its annual results, with both revenue and profit higher than market expectations.

Key Points: 
  • Recently, China Medical System Holdings Limited ("CMS" or the "Company") has released its annual results, with both revenue and profit higher than market expectations.
  • Under this model, the Company has accumulated a strong network of overseas upstream resources and good reputation, and formed a strong product evaluation system.
  • In fact, as the fastest way to deploy innovative drugs, the Company has also polished a complete and mature BD system.
  • Taking PD-1 for example, its R&D costs hundreds of millions of dollars, but the competition between pharmaceutical companies is fierce.

Relaunch of JBL in Malaysia takes Living to the Next Level with Immersive Audio Experience

Friday, April 2, 2021 - 6:00am

On Wednesday (March 31), JBL reintroduced a full range of lifestyle audio products through its first-ever media and partners' virtual event in Malaysia.

Key Points: 
  • On Wednesday (March 31), JBL reintroduced a full range of lifestyle audio products through its first-ever media and partners' virtual event in Malaysia.
  • JBL brings its first-ever Virtual Event in Malaysia with the big unveil of more than 30 new lifestyle audio products in headphones, true wireless earphones, smart speakers, and home audio categories.
  • JBL, a lifestyle audio brand of Harman International (Harman.com), a wholly-owned subsidiary of Samsung Electronics, is known for producing audio equipment with superior sound and an immersive audio experience for consumers and professional markets.
  • "JBL is all about pushing the boundaries for premium audio experience and products that address the needs of our customers.

XFai Momentum Leading to Defi Disruption

Thursday, April 1, 2021 - 3:38pm

"XFai stood out to me due to the potential of their oracle to unlock incredible opportunities in the space.

Key Points: 
  • "XFai stood out to me due to the potential of their oracle to unlock incredible opportunities in the space.
  • XFai enables actual decentralization by allowing small and mid-cap tokens to finally have a seat at the table.
  • XFai develops tooling for the DeFi space, graphing it to build game-changing products.
  • We invite everyone to join the DeFi revolution, spearheaded by XFai.

Legend Holdings Announces 2020 Annual Results, Revenue and Net Profit up by 7%

Thursday, April 1, 2021 - 9:25am

The strategic investment segment is regarded as the basis of Legend Holdings' business, which contributes more than RMB400 billion of revenue and more than RMB550 billion of assets.

Key Points: 
  • The strategic investment segment is regarded as the basis of Legend Holdings' business, which contributes more than RMB400 billion of revenue and more than RMB550 billion of assets.
  • Net profit attributable to equity holders of Legend Holdings increased 30% to RMB2,093 million.
  • The development and rise of Levima is of great significance as it's another enterprise successfully cultivated by Legend Holdings from scratch.
  • In 2020, Levima achieved revenue of RMB5.931 billion, an increase of 5% yoy, and net profit of RMB655 million, an increase of 21% yoy.

Legend Holdings Announces 2020 Annual Results, Revenue and Net Profit up by 7%

Thursday, April 1, 2021 - 9:06am

The strategic investment segment is regarded as the basis of Legend Holdings' business, which contributes more than RMB400 billion of revenue and more than RMB550 billion of assets.

Key Points: 
  • The strategic investment segment is regarded as the basis of Legend Holdings' business, which contributes more than RMB400 billion of revenue and more than RMB550 billion of assets.
  • Net profit attributable to equity holders of Legend Holdings increased 30% to RMB2,093 million.
  • The development and rise of Levima is of great significance as it's another enterprise successfully cultivated by Legend Holdings from scratch.
  • In 2020, Levima achieved revenue of RMB5.931 billion, an increase of 5% yoy, and net profit of RMB655 million, an increase of 21% yoy.

MarketingPulse Online attracts more than 21,000 viewers

Thursday, April 1, 2021 - 9:00am

HONG KONG, Apr 1, 2021 - (ACN Newswire) - MarketingPulse Online, a two-day virtual conference organised by the Hong Kong Trade Development Council (HKTDC), attracted more than 21,000 viewers from more than 50 countries and regions.

Key Points: 
  • HONG KONG, Apr 1, 2021 - (ACN Newswire) - MarketingPulse Online, a two-day virtual conference organised by the Hong Kong Trade Development Council (HKTDC), attracted more than 21,000 viewers from more than 50 countries and regions.
  • Navigating the confluence of art, science, technology and the natural world, the globally renowned art collective teamLab unveiled their creative philosophies and immersive experiences to the audience at MarketingPulse Online.
  • The MarketingPulse Online platform will remain open until 30 April.
  • The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels.

Solargiga's 2020 Shipment Climbs 64.8%, Boosting Revenue by 36.8% to RMB6,050 Million

Thursday, April 1, 2021 - 7:16am

Total shipment volume increased notably by 64.8% to 6,811MW in 2020, boosting the Group's revenue up by 36.8% to approximately RMB6,050 million.

Key Points: 
  • Total shipment volume increased notably by 64.8% to 6,811MW in 2020, boosting the Group's revenue up by 36.8% to approximately RMB6,050 million.
  • Earnings before interest, taxes, depreciation, and amortization (EBITDA) reached approximately RMB276 million (2019: RMB49.1 million), representing a notable increase of 461.8%.
  • Moreover, the Group recorded a one-off asset impairment loss of RMB68.6 million from the elimination of outdated solar cell production lines.
  • During the year, net cash inflow from operating activities grew continuously to RMB560 million (2019: RMB410 million), representing an increase of 37.4%.

IBI Announces Disposal of Strategic Investments and Realises Gain of HK$25.2 Million

Thursday, April 1, 2021 - 1:41am

Upon completion, it will realise a total gain of approximately HK$25.2 million.

Key Points: 
  • Upon completion, it will realise a total gain of approximately HK$25.2 million.
  • As a result of the Disposal, the Group expects to realise a gain of approximately HK$25.2 million, representing the difference between the aggregate consideration of the Disposal and the aggregate purchase price of the shares sold.
  • Mr. Neil Howard, Chairman and CEO of IBI, said, "Adhering to IBI Investment's mission to extend the Group's reach by making strategic investments, we have been exploring different investment opportunities that would be beneficial to the Group.
  • About IBI Group Holdings Limited (stock code: 1547)
    Established in Hong Kong in 1997, the Group is an investment holding company focused on investments in the built environment.

China Leon Announces 2020 Annual Results, Net Profit Surge for Approx. 160%

Thursday, April 1, 2021 - 12:32am

HONG KONG, Apr 1, 2021 - (ACN Newswire) - China Leon Inspection Holding Limited ("China Leon" or "the Company"; Stock Code: 1586.HK) today announced its audited 2020 annual results for the year ended 31 December of 2020 ("Reporting Period").

Key Points: 
  • HONG KONG, Apr 1, 2021 - (ACN Newswire) - China Leon Inspection Holding Limited ("China Leon" or "the Company"; Stock Code: 1586.HK) today announced its audited 2020 annual results for the year ended 31 December of 2020 ("Reporting Period").
  • Profit for the year was approximately RMB 74.9 million, an increase of 160.3% from approximately RMB 28.8 million in 2019.
  • China Leon actively responds to the development strategy of the country to seek progress while ensuring stability.
  • China Leon Inspection Holding Limited is China's first international third-party independent testing organization listed on the main board of Hong Kong Stock Exchange (stock code: HK1586).

GOME Strengthened Development in the Second Phase of its "Home . Living" Strategy

Thursday, April 1, 2021 - 12:00am

In 2020, GOME completed the first phase of strategic development under its "Home .

Key Points: 
  • In 2020, GOME completed the first phase of strategic development under its "Home .
  • Living" strategy, and started in-depth development in a more refined manner in the second phase.
  • Capitalizing on the favorable development trend, GOME strengthened its efforts in entertaining-oriented marketing model by launching the "FUN" APP in the beginning of 2021.
  • In 2021, we presented the 'New GOME' with new mindset and ushered in a new stage with new development pattern.

Digital asset management agency Blofin raises US$10 million in A+ round investment, led by Susquehanna International Group (SIG)

Wednesday, March 31, 2021 - 1:30pm

Digital asset manager Blofin has raised US$10 mil A+ round investment led by SIG.

Key Points: 
  • Digital asset manager Blofin has raised US$10 mil A+ round investment led by SIG.
  • At present, Blofin's current global assets under management (AUM) has reached US$120 million, and averages an aggregated monthly trading volume throughout all crypto of over US$14 billion.
  • As a Cayman Island registered digital asset management agency, its proprietary quantitative database covers over 40+ exchanges worldwide through real-time data and is connected with over 200 global quantitative trading teams.
  • Blofin is close to securing additional digital asset management licenses for Hong Kong, Singapore and other global financial centers around the world.

Defi Venture XFai Reveals Liquidity Generation Event, Project Backed by Angel Investor Roger Ver

Wednesday, March 31, 2021 - 12:39pm

Meanwhile, a new project has recently stepped out of the gate called XFai, a Dex liquidity oracle that aims to capture untapped liquidity from small to medium cap tokens.

Key Points: 
  • Meanwhile, a new project has recently stepped out of the gate called XFai, a Dex liquidity oracle that aims to capture untapped liquidity from small to medium cap tokens.
  • On April 8, 2021, XFai plans to host a Liquidity Generation Event (LGE), and this week it was announced that Bitcoin.com's founder and angel investor Roger Ver has invested in XFai.
  • Now there's a new Defi project on the horizon called XFai that's planning to launch in the near future.
  • The project has already attracted a number of investors including venture funds, and more recently Bitcoin.com's founder and angel investor Roger Ver has decided to back the XFai project.