Southeast Asia

Wintermar Offshore (WINS:JK) Reports 1H2023 Results

Retrieved on: 
Monday, July 31, 2023

JAKARTA, July 31, 2023 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) has announced results for 1H2023.

Key Points: 
  • JAKARTA, July 31, 2023 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) has announced results for 1H2023.
  • This was achieved as a result of securing higher charter rates, in spite of a decrease in fleet utilization from 66% in 1H2022 to 61% in 1H2023.
  • Bunker costs also rose by 23% to US$1.3 million due to a higher number of vessels being out of contract.
  • Wintermar expects a stronger performance throughout the remainder of the year, driven by the successful award of several contracts for high-tier vessels.

Goodwater Raises Over $1 Billion to Support Consumer Technology Startups Globally

Retrieved on: 
Wednesday, July 26, 2023

BURLINGAME, Calif., July 25, 2023 /PRNewswire/ -- Goodwater, the largest venture capital fund exclusively focused on consumer tech investments, announced today that it has raised over $1 billion across its family of early and growth stage funds. With this raise, Goodwater accelerates its mission to empower exceptional entrepreneurs everywhere to change the world for good. With a clear consumer tech focus and global reach, the firm has backed 79 early and growth stage startups in 19 countries around the world. Founded in 2014 by industry veterans Chi-Hua Chien and Eric Kim, the firm now manages over $3.3B in committed capital and continues to scale as much of the venture industry is slowing.

Key Points: 
  • "During a tough time in the market we are ready to support the very best early and growth stage consumer tech startups with $1 billion of fresh capital.
  • Goodwater has established itself as a leader in consumer technology venture capital with a proven track record of successful investments.
  • Goodwater provides tactical, hands-on support to companies solving problems common to consumer-tech startups including:
    How do I acquire customers?
  • To join the largest consumer tech platform dedicated to serving founders and teams globally, reach out at [email protected] .

PingPong Names David Messenger as CEO for International Business

Retrieved on: 
Monday, July 10, 2023

Mr. Messenger has more than 20 years of senior management experience in technology-focused companies, including more than 10 years in re-shaping global payment landscape through various executive roles.

Key Points: 
  • Mr. Messenger has more than 20 years of senior management experience in technology-focused companies, including more than 10 years in re-shaping global payment landscape through various executive roles.
  • “I am thrilled to join the incredible PingPong team and lead the growth of its global business, helping our business customers expand globally,” David Messenger said.
  • It has built a strong technology foundation and a highly professional team to enable rapid growth in key regions of the world.
  • David earned a Bachelors degree at University of Wales College Cardiff and will be based in London in his new role.

Dataxet Touts MarTech Platforms at CTC2023, Enhancing Marketing Efficiency for Business Sector

Retrieved on: 
Monday, July 3, 2023

At the event, Dataxet showcased the MarTech platforms built to enhance efficiency of planning public relations and marketing strategies in the digital era.

Key Points: 
  • At the event, Dataxet showcased the MarTech platforms built to enhance efficiency of planning public relations and marketing strategies in the digital era.
  • “NCX” is a comprehensive, 360-degree media monitoring service that aggregates news and content from online, mainstream media, and social media.
  • Moreover, Dataxet is fully prepared to provide assistance and convenience to businesses interested in tapping into the market domestically and internationally.
  • “We know how important media data and MarTech platforms are in helping businesses in Thailand improve the efficiency of their marketing strategies, PR campaigns and organizational communications.

Coinsilium Group Limited: Completion of Acquisition of Tokenomi Web3 Advisory Service Business

Retrieved on: 
Friday, May 19, 2023

London, UK, 19 May 2023 - Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor, advisor, and venture builder is pleased to report that, further to its announcement of 14 March 2023, the acquisition of the Tokenomi Web3 advisory service business has now completed and Tokenomi’s owner and managing director, Alexis Nicosia, has joined Coinsilium’s Advisory Team.

Key Points: 
  • London, UK, 19 May 2023 - Coinsilium Group Limited (AQSE: COIN) (OTCQB: CINGF), the Web3 investor, advisor, and venture builder is pleased to report that, further to its announcement of 14 March 2023, the acquisition of the Tokenomi Web3 advisory service business has now completed and Tokenomi’s owner and managing director, Alexis Nicosia, has joined Coinsilium’s Advisory Team.
  • Investors should note that projected revenues are principally success based and contingent on the successful completion of a project client’s Token Generating Event (“TGE”) or public token sale.
  • The timely completion of the Tokenomi acquisition, as announced today, brings its founder, Alexis Nicosia, into our advisory team and I look forward to working closely with Alexis, together with the Coinsilium team, in scaling up and further developing our Advisory Service capabilities, as a revenue generating adjunct to Coinsilium’s investment and venture building activities.
  • The Directors of Coinsilium Group Limited take responsibility for this announcement.

Ocean Biomedical (NASDAQ: OCEA) on World Malaria Day Announces Sharing of New Malaria Vaccine Paradigm at PATH Malaria Research Retreat in Washington, DC, by Scientific Co-founder Dr. Jonathan Kurtis

Retrieved on: 
Tuesday, April 25, 2023

By targeting each of the three principle events in the parasite’s blood stage lifecycle, Ocean Biomedical believes this powerful approach will result in a highly effective and novel malaria vaccine.

Key Points: 
  • By targeting each of the three principle events in the parasite’s blood stage lifecycle, Ocean Biomedical believes this powerful approach will result in a highly effective and novel malaria vaccine.
  • The company is also working to develop the PfGARP component as a therapeutic target for a whole new class of anti-malarial drugs.
  • This discovery has allowed Ocean Biomedical to begin simultaneously pursuing the development of a novel malaria vaccine, and novel malaria therapeutics.
  • “I join the World Health Organization 2023 in saying, it is time for ZERO Malaria.”

New Study Finds Food and Beverage Brands Investing More in Outsourcing and New Product Development

Retrieved on: 
Wednesday, April 19, 2023

WESTMINSTER, Colo., April 19, 2023 /PRNewswire/ -- TraceGains, the world's only networked ingredients marketplace, today released its "2023 Food and Beverage CPG Innovation Report," a survey of nearly 300 food and beverage professionals that explores the state of new product development and the shift to outsourcing as a way to contain costs and keep up with evolving consumer preferences.

Key Points: 
  • According to the results, nearly all (86%) professionals responsible for food production and supply chain management feel overworked.
  • "Rather than allow market conditions to overrun their business, more food and beverage brands are taking matters into their own hands.
  • After years of experimenting with co-manufacturers, food and beverage brands have embraced this model of food production following historic global supply chain failures.
  • In March 2023, TraceGains surveyed 287 food and beverage leaders at large CPG companies in North America, EMEA, LATAM, Australia and SE Asia, with 65% of brands reporting revenues upwards of $50M.

New Study Finds Food and Beverage Brands Investing More in Outsourcing and New Product Development

Retrieved on: 
Wednesday, April 19, 2023

WESTMINSTER, Colo., April 19, 2023 /PRNewswire/ -- TraceGains, the world's only networked ingredients marketplace, today released its "2023 Food and Beverage CPG Innovation Report," a survey of nearly 300 food and beverage professionals that explores the state of new product development and the shift to outsourcing as a way to contain costs and keep up with evolving consumer preferences.

Key Points: 
  • According to the results, nearly all (86%) professionals responsible for food production and supply chain management feel overworked.
  • "Rather than allow market conditions to overrun their business, more food and beverage brands are taking matters into their own hands.
  • After years of experimenting with co-manufacturers, food and beverage brands have embraced this model of food production following historic global supply chain failures.
  • In March 2023, TraceGains surveyed 287 food and beverage leaders at large CPG companies in North America, EMEA, LATAM, Australia and SE Asia, with 65% of brands reporting revenues upwards of $50M.

Nium Continues to Strengthen Leadership Team with Appointment of Anupam Pahuja to EVP and General Manager of Asia Pacific, Middle East and Africa

Retrieved on: 
Wednesday, April 12, 2023

SINGAPORE, April 12, 2023 /PRNewswire/ -- Nium, the global payments infrastructure for the on-demand economy, today announced the appointment of Anupam Pahuja to EVP and General Manager of Asia Pacific, Middle East and Africa. Pahuja will build on Nium's success in Southeast Asia, where the fintech unicorn was founded, and will quickly expand Nium's presence into additional markets within APAC, the Middle East, and Africa.  

Key Points: 
  • Pahuja will build on Nium's success in Southeast Asia, where the fintech unicorn was founded, and will quickly expand Nium's presence into additional markets within APAC, the Middle East, and Africa.
  • He will be based in Nium's Singapore headquarters and will report to Prajit Nanu, Founder and CEO at Nium.
  • "Southeast Asia is where it all began for us, and the region remains absolutely critical to our global success.
  • Pahuja holds an MBA from Georgetown University in Washington DC, and an engineering degree from Slippery Rock University in Pennsylvania.

Institutional Analyst: Our #1 Internet Company, Society Pass (Nasdaq: SOPA), Holds Appeal for Both Traders and Long-Term Investors

Retrieved on: 
Tuesday, February 28, 2023

• Underfollowed – At $1.00 currently, Society Pass has a market value of $28 million with only 28 million shares outstanding.

Key Points: 
  • • Underfollowed – At $1.00 currently, Society Pass has a market value of $28 million with only 28 million shares outstanding.
  • While we consider Society Pass to be under-followed, by no means is it un-followed.
  • There are four Wall Street firms that have initiated coverage with lengthy research reports, totaling over 70 pages, including this report.
  • • Scaleable Sector Offering 100X Growth Potential – There are very few limitations to the scalabilty of the Society Pass business plan.