ACN Newswire: latest releases

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MRHB: Exclusive Web3 Partner of World Halal Summit, Mints Soulbound NFTs for Attendees

Retrieved on: 
Tuesday, November 22, 2022

The World Halal Summit, taking place this year from November 24-27, 2022, is the largest halal conference in the world - the last World Halal Summit attracted over 31 thousand attendees from 96 different nations.

Key Points: 
  • The World Halal Summit, taking place this year from November 24-27, 2022, is the largest halal conference in the world - the last World Halal Summit attracted over 31 thousand attendees from 96 different nations.
  • "We have always been big supporters of halal expos around the world, and are proud to be Official Partner of the World Halal Summit this year," said MRHB DeFi CEO and founder Naquib Mohammed.
  • As the exclusive Web3 partner of World Halal Summit, MRHB (pronounced 'Marhaba') is the sole producer of NFT tickets to the event.
  • MRHB means 'welcome' and is the world's first Web3 platform that empowers the community with an ethical and halal approach to decentralized finance.

aCommerce to Launch New EcommerceIQ Connector To Power Shopify Stores With Fulfillment Services in SEA

Retrieved on: 
Tuesday, November 22, 2022

"For our brand clients, this Shopify and EcommerceIQ turnkey integration-as-a-service allows us to simply add and operate Shopify stores as an additional channel.

Key Points: 
  • "For our brand clients, this Shopify and EcommerceIQ turnkey integration-as-a-service allows us to simply add and operate Shopify stores as an additional channel.
  • Likewise, brands wishing to launch a store or existing Shopify merchants, can now easily scale up their business by tapping into our fulfillment and other EcommerceIQ services almost instantly.
  • Slated to be released as early as January 2022, this connector enables the smooth flow of products, inventory, sales orders, returns, delivery updates, and all related data between EcommerceIQ and Shopify.
  • With this new Shopify to EcommerceIQ connector, managing, monitoring, optimizing, and making informed multi-channel decisions becomes much easier.

Ni Hsin Group Unveils Two TAILG EBIXON EV Motorcycle Models

Retrieved on: 
Tuesday, November 22, 2022

Bhd., a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad (Bursa: NIHSIN, 7215)), today unveiled two models of the TAILG EBIXON EV Motorcycles.

Key Points: 
  • Bhd., a wholly-owned subsidiary of Main Market-listed Ni Hsin Group Berhad (formerly known as Ni Hsin Resources Berhad (Bursa: NIHSIN, 7215)), today unveiled two models of the TAILG EBIXON EV Motorcycles.
  • ; and Mr. Khoo Chee Kong, Managing Director of Ni Hsin Ev Tech Sdn.
  • [L-R]
    The models, the TAILG EBIXON BOLD and TAILG EBIXON TORQ, in the personal and commercial use categories, respectively, are assembled at the Group's manufacturing facilities in Seri Kembangan, Selangor.
  • Ni Hsin's EV motorcycle business generates carbon offsets that can be sold to other companies to reduce their carbon footprint.

Society Pass (Nasdaq: SOPA)/ NusaTrip Collaborates with Periksa.id to Promote Indonesia's Wellness, Health, and Medical Tourism Recovery Strategy

Retrieved on: 
Monday, November 21, 2022

Wellness, Health, and Medical Tourism have been one of the Ministry of Tourism and Creative Economy's strategies for industry revival since the pandemic of COVID-19 hits.

Key Points: 
  • Wellness, Health, and Medical Tourism have been one of the Ministry of Tourism and Creative Economy's strategies for industry revival since the pandemic of COVID-19 hits.
  • "We believe that our technology and services can serve a broader range of travel demands and purposes than just leisure.
  • [1] NusaTrip is the travel vertical and part of Society Pass Inc. next-gen digital ecosystem and loyalty platform.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

Keen Interest from Thai Business Community to Collaborate with Hong Kong on New Opportunities

Retrieved on: 
Monday, November 21, 2022

HONG KONG, Nov 21, 2022 - (ACN Newswire) - More than 200 Thai business leaders today joined a lunch seminar organised by the Hong Kong Trade Development Council (HKTDC) in Bangkok, affirming the Thai business community's confidence in Hong Kong's role to help businesses in the region grow and tap into opportunities in Hong Kong and Mainland China.

Key Points: 
  • HONG KONG, Nov 21, 2022 - (ACN Newswire) - More than 200 Thai business leaders today joined a lunch seminar organised by the Hong Kong Trade Development Council (HKTDC) in Bangkok, affirming the Thai business community's confidence in Hong Kong's role to help businesses in the region grow and tap into opportunities in Hong Kong and Mainland China.
  • Despite the pandemic, the Thai business community has shown keen interest in using Hong Kong as a springboard for their business expansion, fundraising and investment partnerships.
  • Following the resumption of international travel connecting Hong Kong, we hope this mission will help Hong Kong businesses find more opportunities in Thailand and ASEAN."
  • The HKTDC is planning a large-scale "Think Business, Think Hong Kong" business promotion campaign in Thailand in July next year, to showcase Hong Kong as a hub for connecting global businesses as well as Hong Kong products and services to the Thai business community.

The GrowHub Innovations Company and Tangobar Announce Partnership for Sustainable Regional Community Development and ASEAN market penetration

Retrieved on: 
Monday, November 21, 2022

Tangobar is committed to the development of canned foods using local agricultural and marine products as well as food promotion events.

Key Points: 
  • Tangobar is committed to the development of canned foods using local agricultural and marine products as well as food promotion events.
  • The GrowHub will be providing its proprietary Web-3 technology to Tangobar to support the sustainable development of the local community in Kyoto Prefecture (Kyoto by the Sea) and the penetration of its products in the ASEAN market.
  • This partnership significantly enhances the opportunities for local communities to thrive in ASEAN in a sustainable manner."
  • Moving forward, The Growhub will continue to strengthen Tangobar's food offerings in the landscape and contribute to the sustainable development of local food communities in ASEAN.

Gotion High-tech and VinES Vietnam base break ground at a joint venture battery factory

Retrieved on: 
Monday, November 21, 2022

HONG KONG, Nov 21, 2022 - (ACN Newswire) - November 18, the joint venture battery factory by Gotion High-Tech and Vietnam VinGroup was officially opened in Vietnam Ha Tinh Economic Development Zone.

Key Points: 
  • HONG KONG, Nov 21, 2022 - (ACN Newswire) - November 18, the joint venture battery factory by Gotion High-Tech and Vietnam VinGroup was officially opened in Vietnam Ha Tinh Economic Development Zone.
  • The factory was jointly invested by Gotion High-tech, and VinES (a member of VinGroup).
  • At the Groundbreaking ceremony, Li Zhen, Chairman of Gotion High-Tech, said: VinGroup is the most respectable enterprise in Vietnam.
  • The battery factory jointly built by Gotion High-tech and VinGroup will support the battery needs of VinFast's electric vehicles.

Kitchen Culture's Extraordinary General Meeting (EGM) to be held on 25 November 2022, 9.00 a.m.

Retrieved on: 
Friday, November 18, 2022

The Relevant Shareholders advise shareholders of the Company ("Shareholders") not to be discouraged by any statement issued by the Company about the validity of the EGM or seeking to persuade them not to attend the EGM.

Key Points: 
  • The Relevant Shareholders advise shareholders of the Company ("Shareholders") not to be discouraged by any statement issued by the Company about the validity of the EGM or seeking to persuade them not to attend the EGM.
  • The EGM will proceed with or without the cooperation of the Company.
  • The Relevant Shareholders emphasize that there is no provision in the Company Constitution, Companies Act, or SGX Listing Manual that gives the Company the power to declare the EGM invalid.
  • Failure to do so is a breach of the Rule and unfairly disenfranchises Shareholders who wish to attend and vote at a general meeting.

Kitchen Culture Says Purported Notice to Call Second Attempted EGM on 25 November 2022 to Remove 5 Directors By Electronic Means Is Invalid; Urges Shareholders Not To Attend

Retrieved on: 
Friday, November 18, 2022

As such, that Second Intended EGM is defective and invalid, and any resolution passed at any purported meeting held as the Second Intended EGM will be invalid.

Key Points: 
  • As such, that Second Intended EGM is defective and invalid, and any resolution passed at any purported meeting held as the Second Intended EGM will be invalid.
  • The Requisitioners had not given sufficient notice in writing of the Second Intended EGM as required by the Companies Act and the Constitution of the Company.
  • If the Second Intended EGM is attempted to be held, and any resolution purportedly passed at such Second Intended EGM, would be invalid.
  • In any case, the Company advises shareholders not to attend the Second Intended EGM purportedly called for on 25 November 2022", Kitchen Culture said.

Old Gold is the New Gold when Music Meets NFTs

Retrieved on: 
Friday, November 18, 2022

The Gold Album for this year's Christmas "Must Have" is the "Old is Gold" vinyl Christmas Album.

Key Points: 
  • The Gold Album for this year's Christmas "Must Have" is the "Old is Gold" vinyl Christmas Album.
  • The "Old is Gold" NFT platform will allow the user to either utilize their existing NFT Wallet or create a wallet by following instructions at https://buyoldisgold.com/.
  • Old is Gold is setting a new standard in the music industry by pairing its remastered "Gold Vinyls" with Music NFT versions of those vinyls.
  • In 2023 there will be a limited series of Music NFTs celebrating Black History Month in February.

eDriving Integrates Greater Than's EcoScore Into Their Digital Driver Safety Application, Mentor, To Help Fleets Achieve Sustainability Targets

Retrieved on: 
Thursday, November 17, 2022

Through the collaboration, eDriving will integrate Greater Than's EcoScore into a new feature in its award-winning digital driver safety app Mentor(SM).

Key Points: 
  • Through the collaboration, eDriving will integrate Greater Than's EcoScore into a new feature in its award-winning digital driver safety app Mentor(SM).
  • The new feature, to be named EcoDrive powered by Greater Than, enables eDriving to further support its global clients in achieving their sustainability goals.
  • This exciting new partnership between eDriving and Greater Than will help to accelerate that goal," said Ed Dubens, CEO/Founder of eDriving.
  • "Greater Than's EcoScore is yet another example of how eDriving's Mentor ecosystem brings together the best of the best into one world-class solution focused on driver risk management, safety and sustainability.

Maxim Group: Society Pass (Nasdaq: SOPA) - Despite Challenging Global Macro Environment, Reiterates Positive Outlook on SOPA Based on Strong Revenue Generation and Compelling Valuation

Retrieved on: 
Thursday, November 17, 2022

During 3Q22 the company acquired Thoughtful Media, a digital influencer, Mangan.ph, restaurant delivery, and NusaTrip, an online travel agency.

Key Points: 
  • During 3Q22 the company acquired Thoughtful Media, a digital influencer, Mangan.ph, restaurant delivery, and NusaTrip, an online travel agency.
  • Maxim believes Thoughtful Media can market SoPa's other brands and the food delivery and luxury brand businesses can be expanded geographically.
  • - SOPA trades at an EV/revenue multiple of 0.5x Maxim 2023 revenue estimate with over half of its market cap in cash.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.

Ando Experiences Remarkable Growth Spurt in Indonesia with aCommerce Strategy and Services

Retrieved on: 
Thursday, November 17, 2022

With the aim of scaling its business through ecommerce, Ando partnered with aCommerce Indonesia to create its online stores in major marketplaces: Shopee, Lazada, Tokopedia, Tiktok, and direct-to-consumer.

Key Points: 
  • With the aim of scaling its business through ecommerce, Ando partnered with aCommerce Indonesia to create its online stores in major marketplaces: Shopee, Lazada, Tokopedia, Tiktok, and direct-to-consumer.
  • With this partnership, aCommerce is now responsible for a wide range of ecommerce services to get Ando to achieve its goals.
  • As the largest end-to-end ecommerce enabler in Southeast Asia, aCommerce offers professional broadcasting and live streaming services from our studios at aCommerce HQ.
  • aCommerce drives brands to achieve e-commerce goals with high-performance digital marketing, online store development & management, data & analytics, customer care, fulfillment & delivery services.

SMEStreet and World University of Leadership & Management Join Hands for Bringing Academia and Industry Closer

Retrieved on: 
Thursday, November 17, 2022

New Delhi/Dubai, Nov 17, 2022 - (ACN Newswire) - In order to elevate the relationship between academia and industry, SMEStreet Foundation and the World University of Leadership & Management, France have collaborated.

Key Points: 
  • New Delhi/Dubai, Nov 17, 2022 - (ACN Newswire) - In order to elevate the relationship between academia and industry, SMEStreet Foundation and the World University of Leadership & Management, France have collaborated.
  • "With this collaboration, we aim to provide a credible global platform for India's entrepreneurial and professional leadership."
  • We will work closely with the World University of Leadership & Management (WULM) for providing success stories which possess the potential of motivating their peers in their respective professional fields.
  • Dr. Diwakar Aryal, CEO of, WULM commented, "This collaboration is considered to bring very important synergy for academia and industry.

Pertamina to balance energy transition, security in net zero push

Retrieved on: 
Thursday, November 17, 2022

When the energy transition process occurs, the demand for energy will also increase, she pointed out.

Key Points: 
  • When the energy transition process occurs, the demand for energy will also increase, she pointed out.
  • Widyawati then described several strategies carried out by Pertamina to overcome the challenges faced in balancing efforts to realize the energy transition for sustainability, including net zero emissions, with measures to maintain energy security.
  • "To achieve net zero emission (NZE) aspirations while maintaining energy security in Indonesia, Pertamina has developed some comprehensive strategies that are delivered through two main pillars and three medium-term strategies," she informed.
  • Apart from the capital investment strategy, Pertamina is also collaborating with various parties to accelerate the achievement of green energy targets.

Go From Crypto Curious to Confident With Just One Book, Say Authors

Retrieved on: 
Wednesday, November 16, 2022

Experienced investors in the crypto market want to level the playing field and pave the way for new investors.

Key Points: 
  • Experienced investors in the crypto market want to level the playing field and pave the way for new investors.
  • Such is the case for Mike Kimelman and Charlie Shrem, co-authors of the new book Mastering the Basics of Bitcoin and Crypto: Go from Crypto Curious to Crypto Confident With Just One Book.
  • The book promises to be a revolution in the way the typical reader sees and talks about cryptocurrencies.
  • Both authors are highly respected minds in the crypto field with over a decade of experience.

American Journal of Gastroenterology Publishes Data from HighTide Therapeutics' Phase 2 Study of HTD1801 Treatment in Primary Sclerosing Cholangitis

Retrieved on: 
Wednesday, November 16, 2022

This study met the primary endpoint and multiple key secondary endpoints, demonstrating the safety and efficacy of HTD1801 in treating PSC.

Key Points: 
  • This study met the primary endpoint and multiple key secondary endpoints, demonstrating the safety and efficacy of HTD1801 in treating PSC.
  • Data show that compared to placebo, both low and high doses of HTD1801 treatment could significantly reduce serum ALP levels.
  • In addition, HTD1801 significantly reduced alanine aminotransferase (ALT), aspartate aminotransferase (AST), and gamma-glutamyl transferase (GGT), further supporting the beneficial effects of HTD1801 in treating PSC.
  • The improvements in ALP we observed in this study, along with the excellent safety profile of HTD1801, are promising.

Samaiden Posts 71.82% Revenue Increase in 1Q FY2023

Retrieved on: 
Wednesday, November 16, 2022

Chow Pui Hee

Key Points: 
  • Chow Pui Hee
    For the quarter under review, Samaiden recorded 19.90% increase in profit before tax to RM3.28 million compared with RM2.74 million in the corresponding quarter of the previous financial year.
  • For 1Q FY2023, profit after tax registered growth of 18.02% to RM2.44 million compared with RM2.07 million in 1Q FY2022.
  • EPCC services contributed to approximately 99.63% of Samaiden's revenue in 1Q FY2023.
  • Since the start of FY2023, Samaiden has secured new EPCC contracts with a combined value of approximately RM8.10 million.

HKTDC Entrepreneur Day and Business of IP Asia Forum start from late November

Retrieved on: 
Wednesday, November 16, 2022

HONG KONG, Nov 16, 2022 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) is organising the 14th Entrepreneur Day and the 12th Business of IP Asia Forum (BIP Asia Forum) between the end of November and early December.

Key Points: 
  • HONG KONG, Nov 16, 2022 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) is organising the 14th Entrepreneur Day and the 12th Business of IP Asia Forum (BIP Asia Forum) between the end of November and early December.
  • This year's Entrepreneur Day Seminar series will cover four major themes: Entrepreneurship, Future Tech, Innovation for Good and Market Exploration.
  • "Innovation & IP Market" will connect universities, research centres, start-ups, IP users and service providers to facilitate business networking and explore potential business opportunities.
  • Finally, HKTDC and Hong Kong's Intellectual Property Department will jointly provide IP Training sessions during the forum introducing basic intellectual property concepts such as IP applications in e-commerce.

Moonstake Receives ssv.network Grant to Integrate Decentralized ETH Staking

Retrieved on: 
Wednesday, November 16, 2022

SINGAPORE, Nov 16, 2022 - (ACN Newswire) - Today, Moonstake is pleased to announce we have secured a staking pool integration grant from the DAO-governed SSV Network to integrate ETH staking on the Moonstake Wallet.

Key Points: 
  • SINGAPORE, Nov 16, 2022 - (ACN Newswire) - Today, Moonstake is pleased to announce we have secured a staking pool integration grant from the DAO-governed SSV Network to integrate ETH staking on the Moonstake Wallet.
  • Moonstake is thrilled to join the SSV Network Grants Program as a verified top 10 staking provider worldwide and soon support ETH staking.
  • Moonstake and SSV aim to address this issue by providing users with a non-custodial ETH staking solution via Moonstake Wallet using SSV's innovative technological infrastructure.
  • Mitsuru Tezuka, Founder at Moonstake, says: "Moonstake is happy to have received this grant from the SSV Network and partner up for ETH staking integration.

PGE to increase GPP capacity in South Sumatra for NZE

Retrieved on: 
Wednesday, November 16, 2022

JAKARTA, Nov 16, 2022 - (ACN Newswire) - PT Pertamina Geothermal Energy (PGE) expressed readiness to increase the geothermal power plant (GPP) capacity in South Sumatra in a bid to support the realization of net zero emission (NZE) in Indonesia.

Key Points: 
  • JAKARTA, Nov 16, 2022 - (ACN Newswire) - PT Pertamina Geothermal Energy (PGE) expressed readiness to increase the geothermal power plant (GPP) capacity in South Sumatra in a bid to support the realization of net zero emission (NZE) in Indonesia.
  • The project site is located in the districts of Muara Enim and Ogan Komering Ulu in South Sumatra Province.
  • GPP capacity of 55 MW, which will be generated from Unit 2 of the GPP in the province, will increase PGE's total installed GPP capacity, after earlier some 55 MW generated from the Lumut Balai Unit 1 Project that became operational in 2019.
  • A total of 672 MW of geothermal capacity is operated and managed directly by PGE, and some 1,205 MW is managed under the Joint Operation Contract scenario.

Gradiant, Global Water Solutions Provider, Awarded $20M inNew Contracts in India

Retrieved on: 
Wednesday, November 16, 2022

This local market has always been important to India, and Gradiant is ready to support our clients with advanced water solutions as they shift or double-down their local manufacturing operations."

Key Points: 
  • This local market has always been important to India, and Gradiant is ready to support our clients with advanced water solutions as they shift or double-down their local manufacturing operations."
  • Gradiant entered the India market in 2018 to engage with major international and domestic companies to solve their advanced water and wastewater challenges in water recycling, minimum and zero liquid discharge, and ultrapure water.
  • Gradiant is a global solutions provider for advanced water and wastewater treatment.
  • Today, with over 450 employees, Gradiant operates from its global headquarters in Boston, regional headquarters and global technology labs in Singapore, and offices across twelve countries.

The Logic Behind Fosun's "Weight-loss" Actions: To Focus on the Core Businesses and Deepen Innovation and Globalization

Retrieved on: 
Wednesday, November 16, 2022

However, we cannot simply explain Fosun's recent disposal of its assets and partial equity stakes by an ordinary logic in investment.

Key Points: 
  • However, we cannot simply explain Fosun's recent disposal of its assets and partial equity stakes by an ordinary logic in investment.
  • Through an accelerating strategic business transformation and disposal of certain assets, Fosun is able to focus on its core business of fast-growing family consumption.
  • After its "Weight-loss" actions, Fosun will continue to grow and strengthen its well-established business segments, including health, happiness and wealth.
  • In order to grasp emerging opportunities, Fosun will "focus on its core businesses, deepen innovation and globalization".

Why Turkeys Should Give Thanks This Thanksgiving

Retrieved on: 
Tuesday, November 15, 2022

Soon millions of Americans will gather around dinner tables to give thanks and eat turkeys, but there would be no turkeys at all if animal conservation efforts hadn't saved the species more than a hundred years ago!

Key Points: 
  • Soon millions of Americans will gather around dinner tables to give thanks and eat turkeys, but there would be no turkeys at all if animal conservation efforts hadn't saved the species more than a hundred years ago!
  • "Thanksgiving and the history of wild turkeys is the perfect starting point for a lifetime of awareness.
  • In the early 1900s wild turkeys numbered less than 30,000 and had been eradicated from 18 of their native 39 states.
  • Thanks to the conservation efforts of President Teddy Roosevelt and others, the wild turkey populations now number over 7 million and our Thanksgiving traditions continue.

Pertamina supports NZE realization through decarbonization initiatives

Retrieved on: 
Tuesday, November 15, 2022

JAKARTA, Nov 15, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina committed to support the Indonesian government to achieve net zero emissions (NZE) by 2060 through the decarbonization initiatives program currently implemented by the company.

Key Points: 
  • JAKARTA, Nov 15, 2022 - (ACN Newswire) - State-owned energy company PT Pertamina committed to support the Indonesian government to achieve net zero emissions (NZE) by 2060 through the decarbonization initiatives program currently implemented by the company.
  • At the discussion, Purba delivered a presentation on "Decarbonizing the ASEAN Way - Harnessing the Collective Actions of ASEAN Private Sectors Driving Net-Zero: Pertamina's Overarching Plan in Decarbonization".
  • "At the same time, Indonesia has a strong commitment to achieve net zero emissions by 2060, and Pertamina as a state-owned company fully supports this commitment," Purba said.
  • He further added that Pertamina views the energy transition effort as a good opportunity to build a green business.

Hektar REIT's Portfolio Benefits from Retail Recovery

Retrieved on: 
Tuesday, November 15, 2022

Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), today announced the third quarter results ended 30 September 2022 (3Q 2022).

Key Points: 
  • Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), today announced the third quarter results ended 30 September 2022 (3Q 2022).
  • Hektar REIT recorded revenue of RM31.06 million, a substantial increase of 62.4% compared with RM19.12 million in the same quarter of the previous year.
  • The Malaysian retail landscape showed steady recovery as it inches back to the pre-pandemic levels, and it is evident across Hektar REIT's portfolio.
  • Recovery in consumer-related subsectors, including leisure, international tourism and hospitality, continued to aid in the overall performance of the retail industry.

Society Pass Inc (Nasdaq: SOPA) Reports Breakout 9 Month 2022 and 3Q 2022 Financial Results

Retrieved on: 
Tuesday, November 15, 2022

- SoPa completed a total of three acquisitions in 3Q 2022.

Key Points: 
  • - SoPa completed a total of three acquisitions in 3Q 2022.
  • Remarking on SoPa's breakout 3Q 2022 financial performance, Society Pass CFO, Raynauld Liang, comments, "Our continuing robust year-on-year and quarter-on-quarter sales expansion confirms our momentum building, acquisitions focused operating model.
  • Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.
  • Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour.