Economy of Asia

Monde Nissin Completes Largest IPO in Philippines History and Begins Trading on the PSE

Retrieved on: 
Tuesday, June 1, 2021

Monde Nissin Corporation (Monde Nissin or the Company; PSE stock symbol: MONDE) today announced that it has successfully completed the largest initial public offering (IPO) in Philippines history and its common shares began trading on the Philippine Stock Exchange (PSE).

Key Points: 
  • Monde Nissin Corporation (Monde Nissin or the Company; PSE stock symbol: MONDE) today announced that it has successfully completed the largest initial public offering (IPO) in Philippines history and its common shares began trading on the Philippine Stock Exchange (PSE).
  • We also benefit from our market leading positions across the core segments of our Asia-Pacific Branded Food and Beverage business.
  • Earlier today, Mr. Soesanto rang the PSE bell that signaled the start of the days trading, alongside PSE President and CEO Ramon S. Monzon, who was joined by his PSE colleagues COO Atty.
  • Monde Nissin Corporation (PSE stock symbol: MONDE) is a global food and beverages company headquartered in the Philippines, with a portfolio of iconic and market leading brands across fast-growing categories, including Lucky Me!

AMTD International Inc.: SGX Rule 210(1)(B)(I) Disclosure

Retrieved on: 
Tuesday, May 25, 2021

AMTD International Inc. (AMTD International or the Company) (NYSE: HKIB; SGX: HKB), a NYSE and SGX-ST dual-listed company, has previously undertaken to conduct future placement through an offering of Class A Shares in Singapore (with such Class A Shares to be held through CDP) within 12 months from the date of its secondary listing on the Mainboard of the SGX-ST on 8 April 2020 following rule 210(1)(B)(I) of SGX-ST.

Key Points: 
  • AMTD International Inc. (AMTD International or the Company) (NYSE: HKIB; SGX: HKB), a NYSE and SGX-ST dual-listed company, has previously undertaken to conduct future placement through an offering of Class A Shares in Singapore (with such Class A Shares to be held through CDP) within 12 months from the date of its secondary listing on the Mainboard of the SGX-ST on 8 April 2020 following rule 210(1)(B)(I) of SGX-ST.
    As part of the Companys overall strategy plan for corporate development and capital management activities, the Company has applied to the SGX-ST, and the SGX-ST has no objection to grant the Company, for an extension of time to conduct an offering of Class A Shares in Singapore (with such Class A Shares to be held through CDP) by no later than 7 April 2022.
  • View source version on businesswire.com: https://www.businesswire.com/news/home/20210524005874/en/

China Daily: Media, think tanks set to boost RCEP exchanges

Retrieved on: 
Monday, May 24, 2021

Jiang made the remarks while addressing the opening ceremony of the RCEP Media & Think Tank Forum in Haikou, Hainan province, on Sunday.

Key Points: 
  • Jiang made the remarks while addressing the opening ceremony of the RCEP Media & Think Tank Forum in Haikou, Hainan province, on Sunday.
  • "It is widely agreed that the RCEP is bringing significant confidence to Asia and the world, and the trend of economic globalization is unstoppable," Zhou said.
  • "As an important force in promoting human development, news media and think tanks shall further leverage their unique role of enhancing mutual understanding and expanding cooperation.
  • Zhang Xiaoqiang, executive vice-chairman and CEO of the China Center for International Economic Exchanges, said at the forum that the RCEP is expected to boost the production network of East Asia.

CGTN: China's voices at Boao: Multilateralism, openness and BRI

Retrieved on: 
Wednesday, April 21, 2021

/Xinhua\n"The future of the world should be decided by all countries working together.

Key Points: 
  • /Xinhua\n"The future of the world should be decided by all countries working together.
  • We must not let the rules set by one or a few countries be imposed on others, or allow unilateralism pursued by certain countries to set the pace for the whole world.
  • Over the past 30 years, China has sent over 40,000 peacekeepers to 25 UN peacekeeping missions.\n"Openness holds the key to post-COVID economic recovery," Xi pointed out.
  • "\nThe economic integration in Asia has been accelerating since the signing of the Regional Comprehensive Economic Partnership Agreement (RCEP) in November 2020.

CGTN: China's voices at Boao: Multilateralism, openness and BRI

Retrieved on: 
Wednesday, April 21, 2021

/Xinhua\n"The future of the world should be decided by all countries working together.

Key Points: 
  • /Xinhua\n"The future of the world should be decided by all countries working together.
  • We must not let the rules set by one or a few countries be imposed on others, or allow unilateralism pursued by certain countries to set the pace for the whole world.
  • Over the past 30 years, China has sent over 40,000 peacekeepers to 25 UN peacekeeping missions.\n"Openness holds the key to post-COVID economic recovery," Xi pointed out.
  • "\nThe economic integration in Asia has been accelerating since the signing of the Regional Comprehensive Economic Partnership Agreement (RCEP) in November 2020.

Chindata Group Accelerates its Strategic Footprint in the RCEP-related Region for Advancing Belt and Road Initiative Cooperation

Retrieved on: 
Tuesday, April 20, 2021

In the digital age, as digitization levels of the five-way progress are getting higher and higher, there are rising requirements for the interconnection of digital infrastructure.

Key Points: 
  • In the digital age, as digitization levels of the five-way progress are getting higher and higher, there are rising requirements for the interconnection of digital infrastructure.
  • Chindata Group received over 40 IT MW of indication of interest (IOI) orders for its Southeast Asia facilities from anchor tenants in the fourth quarter of 2020.
  • "There is no shortcut to building the Digital Silk Road.
  • They exchanged in-depth views on topics such as Chindata Group\'s business plan in RCEP-related countries and the role of RCEP in promoting digital infrastructure.\n'

Indonesian Ambassador, Founder and CEO of Chindata Group Meet over Boao Forum

Retrieved on: 
Tuesday, April 20, 2021

b"BOAO, China, April 20, 2021 /PRNewswire/ -- Alex Ju, Founder and CEO of Chindata Group (Nasdaq:CD) was invited to meet with Mr. Djauhari Oratmangun, Ambassador of the Republic of Indonesia to the People's Republic on April 19th.

Key Points: 
  • b"BOAO, China, April 20, 2021 /PRNewswire/ -- Alex Ju, Founder and CEO of Chindata Group (Nasdaq:CD) was invited to meet with Mr. Djauhari Oratmangun, Ambassador of the Republic of Indonesia to the People's Republic on April 19th.
  • The two sides exchanged in-depth views on digital infrastructure construction in Asia-Pacific region and RCEP's role in advancing digital infrastructure on the sidelines of the Boao Forum for Asia (BFA).\nIn response to Mr. Djauhari Oratmangun's inquiry, Mr. Ju introduced Chindata Group's layout in the RCEP-related region.
  • He said Chindata Group will accelerate its business development in Indonesia to enhance its strengths in the Asia-Pacific region and facilitate the digital transformation in Indonesia.\nMr.
  • Djauhari Oratmangun expressed appreciation for the efforts Chindata Group has made in promoting the Asia-Pacific digital infrastructure construction and hoped Chindata Group could expand its footprint in Indonesia to enhance the regional digital transformation.\nAs the only Asia-Pacific carrier-neutral digital infrastructure platform covering the regions related to RCEP, Chindata Group had a total of 489 IT MW capacity in service and under construction, focusing in China, Malaysia and other RCEP-related countries by the end of the fourth quarter of 2020.\n"

MMC Corporation Berhad chooses Ramco Systems to digitally transform five ports in Malaysia's single largest port transformation programme

Retrieved on: 
Friday, April 9, 2021

The digital transformation will consolidate and standardise processes of MMC's ports, which include Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd and Tanjung Bruas Port Sdn Bhd.

Key Points: 
  • The digital transformation will consolidate and standardise processes of MMC's ports, which include Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd and Tanjung Bruas Port Sdn Bhd.
  • "With the support from Ramco Systems, MMC is committed to accelerate digital transformation that delivers efficiency, productivity and reliability within our ports to provide the best-in-class service for our customers.
  • Venketrama Raja, Chairman, Ramco Group, said, "It is a great honour to work alongside the MMC Group to help upgrade its ports.
  • MMC Corporation Berhad ("MMC") is a leading utilities and infrastructure group with diversified businesses under four divisions, namely Ports and Logistics, Energy and Utilities, Engineering, and Industrial Development.

MMC Corporation Berhad Chooses Ramco Systems to Digitally Transform Five Ports in Malaysia's Single Largest Port Transformation Programme

Retrieved on: 
Thursday, April 8, 2021

The digital transformation will consolidate and standardise processes of MMC's ports, which include Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd and Tanjung Bruas Port Sdn Bhd.

Key Points: 
  • The digital transformation will consolidate and standardise processes of MMC's ports, which include Pelabuhan Tanjung Pelepas Sdn Bhd (PTP), Johor Port Berhad, Northport (Malaysia) Bhd, Penang Port Sdn Bhd and Tanjung Bruas Port Sdn Bhd.
  • With the support from Ramco Systems, MMC is committed to accelerate digital transformation that delivers efficiency, productivity and reliability within our ports to provide the best-in-class service for our customers.
  • Venketrama Raja, Chairman, Ramco Group, said, "It is a great honour to work alongside the MMC Group to help upgrade its ports.
  • MMC Corporation Berhad ("MMC") is a leading utilities and infrastructure group with diversified businesses under four divisions, namely Ports and Logistics, Energy and Utilities, Engineering, and Industrial Development.

Masdar celebrates groundbreaking on Uzbekistan's first wind farm and agrees to extend project capacity

Retrieved on: 
Friday, April 2, 2021

Saeed Matar Al-Qemzi, UAE Ambassador to Uzbekistan, during an event in Tashkent to celebrate the groundbreaking on the project, with H.E.

Key Points: 
  • Saeed Matar Al-Qemzi, UAE Ambassador to Uzbekistan, during an event in Tashkent to celebrate the groundbreaking on the project, with H.E.
  • Sherzod Khodjaev, Deputy Minister of Energy, signed the project capacity extension agreement with Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar.
  • Masdar entered into bilateral agreements with the Government of Uzbekistan last year to develop, build and operate the 500-megawatt (MW) wind farm project, its second utility-scale clean energy project in the country, and the largest wind farm in Central Asia.
  • Last December, Masdar announced financial close on the 100 MW Nur Navoi Solar Project Uzbekistan's first successfully-financed independent power producer (IPP) solar project.