ACN Newswire: latest releases

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

Legend Capital is reaping the rewards in its logistics and supply chain investment

Monday, September 27, 2021 - 4:46am

As a comprehensive fund covering multiple industries and fields, Legend Capital has already made a long-term and systematic investment layout in the field of logistics and supply chain.

Key Points: 
  • As a comprehensive fund covering multiple industries and fields, Legend Capital has already made a long-term and systematic investment layout in the field of logistics and supply chain.
  • Based on nearly a decade of experience, Legend Capital has already built an accomplished framework and investment system in the field of logistics and supply chain.
  • Richard Li, the President of Legend Capital, said: "Logistics and supply chain investment has entered the critical period, and there will be more cross-industry investment opportunities.
  • According to Legend Capital, the logistics and supply chain industry has entered a new stage with information technology empowers various industries.

Crypto Financial Services Firm Blofin Raises US$12 Million Series A2 Led by KuCoin Eco Fund

Sunday, September 26, 2021 - 10:00pm

BEIJING, Sept 27, 2021 - (ACN Newswire) - Crypto financial services firm Blofin has raised US$12 million in a series A2 round of financing, led by KuCoin Eco Fund, followed by Matrix Partners, Lingfeng Capital and Fenbushi Capital.

Key Points: 
  • BEIJING, Sept 27, 2021 - (ACN Newswire) - Crypto financial services firm Blofin has raised US$12 million in a series A2 round of financing, led by KuCoin Eco Fund, followed by Matrix Partners, Lingfeng Capital and Fenbushi Capital.
  • In March of this year, Blofin finished a US$10 million A+ round of financing led by SIG and Matrix Partners.
  • Blofin also provides crypto asset management services by focusing on small and medium sized Quantitative Hedge Funds to provide capital investments, lower trading fees, and other financial services.
  • Blofin is close to securing additional digital asset management licenses for Hong Kong, Singapore and other global financial centers around the world.

Metech Enters Into Joint Venture to Manufacture and Distribute Lab-Grown Diamonds

Sunday, September 26, 2021 - 4:11pm

Ltd ("AGT"), has entered into a joint venture agreement ("JVA") with X Diamond Capital Pte.

Key Points: 
  • Ltd ("AGT"), has entered into a joint venture agreement ("JVA") with X Diamond Capital Pte.
  • Ltd. ("XDC") on 24 September 2021 to establish a joint venture, pursuant to which AGT and XDC (collectively, the "Parties") will incorporate a joint venture company ("JV Company") in Singapore to carry out the business of manufacturing and distribution of lab-grown diamonds (the "Joint Venture").
  • Furthermore, lab diamonds have the edge on mined diamonds with regards to their purity and hardness, with lab-grown diamonds found to be ten times more durable than natural diamonds.
  • The Joint Venture is aligned with the Group's strategy to expand further into the environmental and sustainability business.

Researchers Present Key Research Results on Diabetes Remission of Dorzagliatin

Sunday, September 26, 2021 - 12:00pm

The SEED study is a Phase III registered clinical study of dorzagliatin monotherapy in drug-naive Type 2 diabetes patients to observe its long-term efficacy and safety.

Key Points: 
  • The SEED study is a Phase III registered clinical study of dorzagliatin monotherapy in drug-naive Type 2 diabetes patients to observe its long-term efficacy and safety.
  • The researchers comprehensively evaluated the subjects and set their individual HbA1c control goals, and the results of the research showed that the subjects had a 52-week glucose remission rate of 65.2% (95% CI, 53.4%, 77.0%) [1] during the research period.
  • The DREAM study explores the possibility of oral dosing in diabetes remission and is of great significance in expanding the treatment options for Type 2 diabetes."
  • Dorzagliatin is an investigational first-in-class, dual-acting glucokinase activator, designed to control the progressive, degenerative nature of diabetes by restoring glucose homeostasis in patients with Type 2 diabetes.

Moonstake Joins Hyper Protect Accelerator, A Startup Incubator Program of IBM

Friday, September 24, 2021 - 3:00am

Over the past 2 years, IBM Hyper Protect Accelerator has enabled 45 of the most exciting and global fintech, healthtech, and insurtech startups.

Key Points: 
  • Over the past 2 years, IBM Hyper Protect Accelerator has enabled 45 of the most exciting and global fintech, healthtech, and insurtech startups.
  • The program is hosted in collaboration with Village Capital who has supported over 1,000 early-stage entrepreneurs through its programs.
  • Finalist companies underwent multiple interviews and were evaluated on both technical and business factors before successfully joining the Cohorts and Friends of Hyper Protect.
  • Founder of Moonstake, Mitsuru Tezuka, comments the following on this momentous occasion: "I am excited to announce that Moonstake is part of the IBM Friends of Hyper Protect Program 2021.

Justin Sun: Preserve the Blockchain Spirit of Compliance and Transparency

Friday, September 24, 2021 - 2:00am

Not long ago, TRON also inked a partnership with the US-based asset management firm Valkyrie Investments to launch Valkyrie TRON Trust.

Key Points: 
  • Not long ago, TRON also inked a partnership with the US-based asset management firm Valkyrie Investments to launch Valkyrie TRON Trust.
  • Back in 2012, Justin Sun introduced the concept of "blockchain" as a "value network" to China, which established him as an early advocator and adopter of blockchain in his homeland.
  • Till today, TRON is at the forefront of various competitive races including DeFi, NFT, stablecoins, distributed storage, staking mining, and staking.
  • Today, Justin himself is going all-in on blockchain with the mission of 'building a Chinese presence in this sphere'.

Agilex Biolabs Announced as Citeline Award Finalist for COVID-19 Vaccine Toxicology Preclinical Research

Friday, September 24, 2021 - 1:00am

Agilex Biolabs offers advanced bioanalytical services for biotech companies and delivers toxicology services to support pre-clinical and early phase research within their TetraQ, division.

Key Points: 
  • Agilex Biolabs offers advanced bioanalytical services for biotech companies and delivers toxicology services to support pre-clinical and early phase research within their TetraQ, division.
  • Dr. Peter Tapley, Director Toxicology at TetraQ, said the research submitted for the Citeline Award focussed on preclinical assessment of the safety and tolerability of a SARS-CoV-2 Sclamp protein subunit COVID-19 vaccine in rats.
  • "This research highlights the pathways that biotech companies can take for rapid vaccine development, and how the Australian research, regulatory and clinical infrastructure provides a supportive environment."
  • Agilex Biolabs also offers toxicology services through TetraQ an Agilex Biolabs company, an established GLP toxicology facility in Australia.

Animoca Brands uses Blockpass' On-chain KYC(TM) to verify NFT prize winners

Friday, September 24, 2021 - 12:00am

Animoca Brands has selected Blockpass as its verification service provider and will use Blockpass' proprietary On-chain KYC(TM) to verify the winners of various events that feature NFT prizes.

Key Points: 
  • Animoca Brands has selected Blockpass as its verification service provider and will use Blockpass' proprietary On-chain KYC(TM) to verify the winners of various events that feature NFT prizes.
  • "We're delighted to be working with the Animoca Brands and accelerate the growth of the NFT ecosystem," said Adam Vaziri, CEO of Blockpass.
  • "Animoca Brands is a leader in the non-fungible tokens market and we're honored that it chose Blockpass to provide KYC and AML services.
  • For more information visit www.animocabrands.com or get updates by following Animoca Brands on Facebook or Twitter.

ACROMEC's associated Life Science Incubator launches Co-working Labspace

Thursday, September 23, 2021 - 11:00pm

SINGAPORE, Sept 24, 2021 - (ACN Newswire) - ACROMEC Limited (ACROMEC; SGX: 43F), a specialist engineering services provider, announced that subsidiary ACROMEC Engineers Pte Ltd (ACROMEC Engineers) through joint-venture associate Life Science Incubator Pte Ltd, has launched the first Life Science Incubator co-working laboratory space, with a ceremony on location at the German Centre, International Business Plaza, Singapore.

Key Points: 
  • SINGAPORE, Sept 24, 2021 - (ACN Newswire) - ACROMEC Limited (ACROMEC; SGX: 43F), a specialist engineering services provider, announced that subsidiary ACROMEC Engineers Pte Ltd (ACROMEC Engineers) through joint-venture associate Life Science Incubator Pte Ltd, has launched the first Life Science Incubator co-working laboratory space, with a ceremony on location at the German Centre, International Business Plaza, Singapore.
  • Members of Life Science Incubator's current network of some 20 industry partners, including Merck, also attended the event.
  • Said Niamh Madden, General Manager of Life Science Incubator, "Today marks the start of our exciting journey at the Life Science Incubator.
  • JVCo is 30% owned by the Group through ACROMEC Engineers, while Tako Ventures holds the remaining 70% stake, managing JVCo and the Life Science Incubator.

APOLLO FUTURE MOBILITY GROUP announces key executive appointments and ramping up of AFMG German innovation hub to reinforce its ESO presence

Thursday, September 23, 2021 - 8:11am

Also, a new AFMG Facility, opened in Wolfsburg, Germany in May, is ramping up rapidly to reinforce the Group's presence in the engineering service outsourcing ("ESO") space.

Key Points: 
  • Also, a new AFMG Facility, opened in Wolfsburg, Germany in May, is ramping up rapidly to reinforce the Group's presence in the engineering service outsourcing ("ESO") space.
  • Mr. Thorsten Falldorf has been appointed Head of Research & Development Wolfsburg, heading the AFMG German Innovation Hub, effective since 1 May 2021.
  • The AFMG German Operations facilitate the development of projects for the mobility of tomorrow and promote future innovations.
  • Apollo Future Mobility Group Limited (HKEx stock code: 860) is a leading integrated mobility technology solution provider with proprietary and disruptive mobility technologies.

Gala Games Joins World Esports and Gaming Summit - Asia as Headline Sponsor

Thursday, September 23, 2021 - 7:09am

Singapore, Sept 23, 2021 - (ACN Newswire) - Gala Games, a pioneer of blockchain gaming joins World Esports and Gaming Summit - Asia as Headline Sponsor.

Key Points: 
  • Singapore, Sept 23, 2021 - (ACN Newswire) - Gala Games, a pioneer of blockchain gaming joins World Esports and Gaming Summit - Asia as Headline Sponsor.
  • Gala Games, a pioneer in blockchain gaming will feature as the headline sponsor for the inaugural virtual edition of World Esports and Gaming Summit - Asia, an event presented by Trescon & Semper Fortis, on 23-24 September 2021.
  • Saturday, 22 May 2021: One of the first companies to use blockchain technology in the gaming industry, Gala Games, will feature at Trescon's virtual edition of the World Esports and Gaming Summit on September 23-24, 2021.
  • World Esports and Gaming Summit, is Asia's biggest foray into the esports and gaming space.

Corinium Presents: CISO Online ASEAN

Thursday, September 23, 2021 - 1:00am

So, how can CISOs working within the ASEAN region become catalysts for change?

Key Points: 
  • So, how can CISOs working within the ASEAN region become catalysts for change?
  • How can you deliver business value, overcome security systems complexities, mitigate risks and minimize costs?
  • CISO Online ASEAN, a virtual forum taking place on 2 & 3 November 2021, is designed to help you find these answers.
  • This online high-level, strategic event is your opportunity to do just that.

Bitdeer Group's Mining Datacenter Boasts Unmatched Capacity and Energy Efficiency

Wednesday, September 22, 2021 - 8:40pm

Expected to approach 3,000 megawatts globally by 2023, Bitdeer Group's Mining Datacenter represents the world's top aggregate mining capacity.

Key Points: 
  • Expected to approach 3,000 megawatts globally by 2023, Bitdeer Group's Mining Datacenter represents the world's top aggregate mining capacity.
  • Mining Datacenter is one of the group's three verticals, the others being the all-in-one mining platform Bitdeer and a smart mining service Minerplus.
  • "We are the West Point in the crypto mining industry," said Matthew Wang, Head of Bitdeer Group's Global Mining Datacenter.
  • The group's three business lines - Bitdeer, Mining Datacenter, Minerplus - show its dedication to becoming the world's most reliable digital asset mining service provider.

Scout and eFanGage Enter Agreement to Deliver In-Venue Sports Engagement Platform to the U.S.

Wednesday, September 22, 2021 - 2:00pm

Andreas Ternstrom, Chief Executive Officer at Scout Gaming, said, "I'm glad that we can add another deal with our new social sportsbook.

Key Points: 
  • Andreas Ternstrom, Chief Executive Officer at Scout Gaming, said, "I'm glad that we can add another deal with our new social sportsbook.
  • Arthur Backal is well-reputed in the hospitality sector and his ideas with eFanGage are groundbreaking."
  • Arthur Backal, Co-Founder of eFanGage, and Founder of Backal Hospitality Group said, "We are thrilled to have reached an agreement with Scout Gaming.
  • Together, we will deliver innovative technology containing a flexible gaming platform to enable social engagement towards our assets and many others, including restaurants, bars, and other hospitality venues.

Westar launches first permissionless public chain, Starcoin

Wednesday, September 22, 2021 - 1:00pm

The Westar team, the pioneer of blockchain infrastructure, has announced that Starcoin, the world's first finished public chain developed using Move language, was officially launched.

Key Points: 
  • The Westar team, the pioneer of blockchain infrastructure, has announced that Starcoin, the world's first finished public chain developed using Move language, was officially launched.
  • HONG KONG, Sept 22, 2021 - (ACN Newswire) - The Westar team, the pioneer of blockchain infrastructure, announces that Starcoin, the world's first finished public chain developed using Move language, was officially launched.
  • Starcoin pioneered the first permissionless public chain to support Move in less than two years, ushering in a new era.
  • In the first online Starcoin Move Hackathon Competition which closed recently, Starcoin attracted more than 30 project teams from around the world to build DApps based on the Move contract in Starcoin chain.

TrustToken Acquires EthWorks; Doubling Team Size for TrueFi Scale-Up

Wednesday, September 22, 2021 - 12:46pm

The acquisition doubles TrustToken's team size, quadruples the company's technical talent, and brings in senior technical and design leadership to take TrustToken's mission to the next level.

Key Points: 
  • The acquisition doubles TrustToken's team size, quadruples the company's technical talent, and brings in senior technical and design leadership to take TrustToken's mission to the next level.
  • The EthWorks team will fully integrate into TrustToken's staff and join the technical, design, and operational roadmap across all products and services, with a special focus on scaling the TrueFi protocol.
  • In onboarding the EthWorks team, the TrustToken team is growing to over 100 members and significantly expands the company's engineering, design, and cybersecurity capabilities.
  • The senior leadership team will see Marek Kirejczyk, Founder and CEO of EthWorks, become Chief Technical Officer (CTO) of TrustToken.

Mandalika Circuit to have Multiplier Effect on Lombok Tourism

Wednesday, September 22, 2021 - 8:00am

LOMBOK, INDONESIA, Sept 22, 2021 - (ACN Newswire) - The Mandalika International Circuit will have a multiplier effect on the development of the Mandalika Special Economic Zone (SEZ) and the welfare of residents in Lombok, West Nusa Tenggara province and surrounding areas, a House of Representatives member said.

Key Points: 
  • LOMBOK, INDONESIA, Sept 22, 2021 - (ACN Newswire) - The Mandalika International Circuit will have a multiplier effect on the development of the Mandalika Special Economic Zone (SEZ) and the welfare of residents in Lombok, West Nusa Tenggara province and surrounding areas, a House of Representatives member said.
  • Tourists at Kuta Beach, Mandalika Special Economic Zone (SEZ), Central Lombok, Indonesia, August 15, 2021.
  • There is an aspect of a multiplier effect for the benefit of the welfare of the community."
  • "The Mandalika Circuit is expected to help drive the development and promotion of tourism in the Mandalika SEZ, Lombok, and also Indonesia," Andreas added.

Cielo Maintains No. 1 Global Ranking on 2021 HRO Today's RPO Baker's Dozen

Wednesday, September 22, 2021 - 1:00am

SINGAPORE, Sept 22, 2021 - (ACN Newswire) - Cielo, the world's leading strategic Recruitment Process Outsourcing (RPO) provider, is the top overall provider on the 2021 HRO Today's RPO Baker's Dozen list of global RPO firms for the second consecutive year.

Key Points: 
  • SINGAPORE, Sept 22, 2021 - (ACN Newswire) - Cielo, the world's leading strategic Recruitment Process Outsourcing (RPO) provider, is the top overall provider on the 2021 HRO Today's RPO Baker's Dozen list of global RPO firms for the second consecutive year.
  • 1 spot four times in the last eight years - more than any other RPO provider.
  • 1 overall RPO provider on this list is an honor, especially during a year that has presented its share of challenging conditions.
  • HRO Today's RPO Baker's Dozen Customer Satisfaction Ratings(TM) are based exclusively on customer satisfaction survey ratings by buyers of RPO services.

Pacific Green Signs Offer for Debt Finance for Its First Battery Energy Storage Development at Richborough Energy Park

Tuesday, September 21, 2021 - 1:00pm

The BESS development, which is located at Richborough Energy Park, will be developed through the Company's wholly-owned subsidiary, Pacific Green Energy Storage (UK) Limited.

Key Points: 
  • The BESS development, which is located at Richborough Energy Park, will be developed through the Company's wholly-owned subsidiary, Pacific Green Energy Storage (UK) Limited.
  • Energization of the energy storage park is on schedule for 2022.
  • Pacific Green Technologies Inc. is focused on addressing the world's need for cleaner and more sustainable energy.
  • The Company offers Battery Energy Storage System (BESS), CSP and PV energy solutions to complement its marine environmental technologies and emissions control divisions.

Nolan Bushnell Joins the Inaugural Edition of World Esports & Gaming Summit in Asia

Tuesday, September 21, 2021 - 11:12am

Regarded as one of the founding fathers of the gaming industry Nolan Bushnell joins World Esports & Gaming Summit - Asia and is confirmed to give the commencement introduction.

Key Points: 
  • Regarded as one of the founding fathers of the gaming industry Nolan Bushnell joins World Esports & Gaming Summit - Asia and is confirmed to give the commencement introduction.
  • Kevin Soltani, CEO, Semper Fortis Esports stated, "Asia has always been at the forefront of the gaming industry, especially the esports community.
  • The event is sponsored by Headline Sponsor - Gala Games; Gold Sponsor - Limelight Networks and Bronze Sponsor - Snowflake
    About World Esports & Gaming Summit:
    World Esports & Gaming Summit is a thought-leadership-driven, business-focused, global series of events that takes place in strategic locations across the world.
  • Semper Fortis Esports PLC is a multi-operational Esports organisation converging high growth team infrastructures, gaming technology solutions and corporate business advisory services.

United States Infrastructure Bill Brings Cardano Billionaire to Washington

Tuesday, September 21, 2021 - 10:00am

For that reason, the Government Blockchain Association (GBA) and our partners are organizing Blockchain & Infrastructure (https://www.gbaglobal.org/event/blockchain-infastructure/), a two-day educational seminar to be held from 27-28 September 2021 in Washington DC, for government leaders and their staff.

Key Points: 
  • For that reason, the Government Blockchain Association (GBA) and our partners are organizing Blockchain & Infrastructure (https://www.gbaglobal.org/event/blockchain-infastructure/), a two-day educational seminar to be held from 27-28 September 2021 in Washington DC, for government leaders and their staff.
  • Mr. Charles Hoskinson of Cardano will be speaking live from Washington, DC, and will also be broadcast to virtual attendees in the Americas, Europe, Asia, Africa, and Australia.
  • A few years later, he spearheaded IOHK (Input Output Hong Kong), whose key project is Cardano.
  • Mr. Hoskinson will be speaking at Blockchain & Infrastructure and will be networking with conference attendees during the evening reception on September 28.

CEKD IPO shares oversubscribed by 131.61 times

Tuesday, September 21, 2021 - 10:00am

Our hard work to build a sustainable business has paid off," said Managing Director of CEKD, Ms. Yap Kai Ning.

Key Points: 
  • Our hard work to build a sustainable business has paid off," said Managing Director of CEKD, Ms. Yap Kai Ning.
  • For this IPO, a total of 18,884 applications for 1,290,183,500 new Shares with a value of RM619,288,080.00 were received from the Malaysian public, which represents an overall oversubscription rate of 131.61 times.
  • For the Bumiputera portion, a total of 10,413 applications for 593,591,600 new Shares were received, which represents an oversubscription rate of 121.03 times.
  • For the public portion, a total of 8,471 applications for 695,591,900 new Shares were received, which represents an oversubscription rate of 142.20 times.

Spritzer Joins Hands with NGOs and Pledges Aid for Vulnerable Groups Affected by COVID-19

Tuesday, September 21, 2021 - 8:00am

KUALA LUMPUR, Sept 21, 2021 - (ACN Newswire) - Spritzer Malaysia ("Spritzer" or the "Company"), which produces Malaysia's best-selling natural mineral water, is committed to the wellbeing of the community and has endeavoured to send aid to the vulnerable and less privileged in society during these challenging times brought on by the COVID-19 pandemic.

Key Points: 
  • KUALA LUMPUR, Sept 21, 2021 - (ACN Newswire) - Spritzer Malaysia ("Spritzer" or the "Company"), which produces Malaysia's best-selling natural mineral water, is committed to the wellbeing of the community and has endeavoured to send aid to the vulnerable and less privileged in society during these challenging times brought on by the COVID-19 pandemic.
  • Spritzer Malaysia recognises that the pandemic has been especially hard on those in the Bottom-40 income bracket, the Orang Asli, the homeless and those living in rural areas.
  • The Company escalated its community outreach programme in April 2021 by working through non-governmental organisations ("NGOs") to send them aid in the form of clean drinking water amid the third wave of the COVID-19 pandemic.
  • The Company has, to-date, sponsored more than RM60,000 in aid nationwide that has been distributed through NGOs, food banks and restaurants on top of the other donation outreach activities, and will continue to support initiatives and community outreach programmes that targets marginalised or vulnerable groups.

Olympus Strengthens Surgical Portfolio with the Launch of POWERSEAL Advanced Bipolar Surgical Energy Devices

Tuesday, September 21, 2021 - 4:00am

[i]

Key Points: 
  • [i]
    The POWERSEAL 5mm Curved Jaw Tissue Sealer and Divider, Double-Action
    With the release of the POWERSEAL devices, Olympus is introducing a line of versatile advanced bipolar surgical energy devices that augment an extensive and differentiated surgical energy portfolio, which features the unique THUNDERBEAT(TM) hybrid energy devices and SONICBEAT(TM) ultrasonic dissectors.
  • The POWERSEAL devices position Olympus competitively within the growing global market for advanced bipolar surgical energy devices, currently estimated at over $1.2B USD.
  • "[v]
    The Olympus Energy platform, made up of the ESG-400(TM) and USG-400(TM) electrosurgical generators, offers hospitals a complete energy solution for any operating room and powers the full range of Olympus Energy systems: monopolar, bipolar (HiQ (TM), HICURA (TM), PK (TM) and Everest (TM) devices), ultrasonic (SONICBEAT devices), hybrid energy (THUNDERBEAT devices) and advanced bipolar (POWERSEAL devices).
  • Advanced bipolar energy devices are distinguished from traditional bipolar energy devices through more efficient energy delivery, intuitive tissue monitoring, and uniform pressure applied to the tissue by the device jaws.