Singapore Exchange

Alpha DX Group Completes Acquisition of DiDi Academy

Tuesday, September 14, 2021 - 1:49am

- The acquisition of DiDI Academy, Inc ("DiDi Academy") has been approved by the Company's shareholders via an Extraordinary General Meeting ("EGM") held on 8 September 2021

Key Points: 
  • - The acquisition of DiDI Academy, Inc ("DiDi Academy") has been approved by the Company's shareholders via an Extraordinary General Meeting ("EGM") held on 8 September 2021
    Singapore, Sept 14, 2021 - (ACN Newswire) - Alpha DX Group Limited, ("Alpha DX", the "Company" and together with its subsidiaries, the "Group"), a premier learning and education solution company, is pleased to announce that it completed the acquisition of DiDi Academy as approved by the Company's shareholders via an EGM held on 8 September 2021.
  • The Company will continue to provide timely updates to shareholders as each new arrangement and partnership is being finalised and executed.
  • Listed on the Singapore Stock Exchange, Alpha DX Group Limited ("Alpha DX") is one of the region's leading learning solution companies.
  • Issued on behalf of Alpha DX Group Limited.

Alpha DX Advancing on its First Public-Private Partnership in Digital Learning & Education with Uzbekistan

Wednesday, September 1, 2021 - 10:11am

Moving ahead, the scope of the joint venture may be expanded to include the transformation of the entire public education system of Uzbekistan.

Key Points: 
  • Moving ahead, the scope of the joint venture may be expanded to include the transformation of the entire public education system of Uzbekistan.
  • With a strategic focus on integrating wide range of digital technology in education and businesses through strategic collaborations and partnerships, Alpha DX aims to transform learning and education to a fully personalised and ubiquitous learning experience for all learners across the world.
  • Alpha DX's CEO, Mr. Daiji Yamada, said, "The sheer scale to continuously improve the quality of education justifies the need for public-private partnership.
  • Listed on the Singapore Stock Exchange, Alpha DX Group Limited ("Alpha DX") is one of the region's leading learning solution companies.

Alpha DX Secures its First Public-Private Partnership in Digital Learning & Education; Signs MoU with the Republic of Uzbekistan for a Joint Venture to Establish Asnaro University of Uzbekistan

Wednesday, September 1, 2021 - 4:30am

This joint venture with MHSSE marks the Group's first public-private partnership ("PPPs") in digital learning and education.

Key Points: 
  • This joint venture with MHSSE marks the Group's first public-private partnership ("PPPs") in digital learning and education.
  • Moving ahead, the scope of the joint venture may be expanded to include the transformation of the entire public education system of Uzbekistan.
  • Alpha DX's CEO, Mr. Daiji Yamada, said, "The sheer scale to continuously improve the quality of education justifies the need for public-private partnership.
  • Listed on the Singapore Stock Exchange, Alpha DX Group Limited ("Alpha DX") is one of the region's leading learning solution companies.

Mysteel Singapore Contracts with Trading Technologies to Launch Interdealer Broker Trading Venue for Metals Futures

Wednesday, August 25, 2021 - 1:00am

Mysteel will operate the venue, which will go live in Q4 2021 using a private matching solution developed by TT.

Key Points: 
  • Mysteel will operate the venue, which will go live in Q4 2021 using a private matching solution developed by TT.
  • Initially, Mysteel will support trading in iron ore and steel, with plans to add other products in the future.
  • We expect this will be extremely appealing to serious commodity players, said Mark Pottle, Regional Executive Sales Director, Trading Technologies.
  • Trading Technologies ( www.tradingtechnologies.com , @Trading_Tech ) creates professional trading software, infrastructure and data solutions for a wide variety of users, including proprietary traders, brokers, money managers, CTAs, hedge funds, commercial hedgers and risk managers.

PrimeRevenue and IFS Capital Announce Strategic Partnership to Provide Supply Chain Finance Solutions in Southeast Asia

Tuesday, August 24, 2021 - 1:56pm

ATLANTA, Aug. 24, 2021 /PRNewswire/ -- PrimeRevenue, Inc. , the leading provider of technology-enabled working capital solutions, and IFS Capital Limited ("IFS Capital") announce a new strategic partnership designed to address the trade finance needs of large and middle-market companies in Southeast Asia.

Key Points: 
  • ATLANTA, Aug. 24, 2021 /PRNewswire/ -- PrimeRevenue, Inc. , the leading provider of technology-enabled working capital solutions, and IFS Capital Limited ("IFS Capital") announce a new strategic partnership designed to address the trade finance needs of large and middle-market companies in Southeast Asia.
  • "We are excited about our collaboration with IFS Capital, which will deliver supply chain financing solutions to the Southeast Asian MSME market," said Dominic Capolongo, EVP Global Head of Funding for PrimeRevenue.
  • IFS Capital will leverage its existing network in the region to onboard buyers and facilitate the adoption of PrimeRevenue's supply chain finance technology platform.
  • PrimeRevenue's supply chain finance (approved payables financing) solutions help organizations in 80+ countries optimize their working capital to efficiently fund strategic initiatives, gain a competitive advantage and strengthen relationships throughout the supply chain.

Former Abu Dhabi Global Market CEO Richard Teng Joins Binance Singapore as Chief Executive

Monday, August 23, 2021 - 2:45am

SINGAPORE, Aug. 22,2021 /PRNewswire/ -- Binance Singapore , the leading fiat-to-crypto platform for trading of cryptocurrencies in Singapore Dollars (SGD), today announced the appointment of Richard Teng, former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), as Chief Executive Officer (CEO).

Key Points: 
  • SINGAPORE, Aug. 22,2021 /PRNewswire/ -- Binance Singapore , the leading fiat-to-crypto platform for trading of cryptocurrencies in Singapore Dollars (SGD), today announced the appointment of Richard Teng, former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), as Chief Executive Officer (CEO).
  • "I am thrilled to be joining Binance Singapore at this pivotal time for the blockchain and crypto industry," Mr. Teng said.
  • Binance Singapore offers Singapore citizens and residents trading pairs for Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB).
  • Binance Singapore offers the lowest trading, deposit, and withdrawal fees in the Singapore market, further lowering the barriers to entry while encouraging local crypto adoption.

Former Abu Dhabi Global Market CEO Richard Teng Joins Binance Singapore as Chief Executive

Monday, August 23, 2021 - 2:45am

SINGAPORE, Aug. 23,2021 /PRNewswire/ -- Binance Singapore , the leading fiat-to-crypto platform for trading of cryptocurrencies in Singapore Dollars (SGD), today announced the appointment of Richard Teng, former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), as Chief Executive Officer (CEO).

Key Points: 
  • SINGAPORE, Aug. 23,2021 /PRNewswire/ -- Binance Singapore , the leading fiat-to-crypto platform for trading of cryptocurrencies in Singapore Dollars (SGD), today announced the appointment of Richard Teng, former CEO of Financial Services Regulatory Authority at Abu Dhabi Global Market (ADGM), as Chief Executive Officer (CEO).
  • "I am thrilled to be joining Binance Singapore at this pivotal time for the blockchain and crypto industry," Mr. Teng said.
  • Binance Singapore offers Singapore citizens and residents trading pairs for Bitcoin (BTC), Ethereum (ETH) and Binance Coin (BNB).
  • Binance Singapore offers the lowest trading, deposit, and withdrawal fees in the Singapore market, further lowering the barriers to entry while encouraging local crypto adoption.

Wintermar Shareholders Approve New Share Issuance for Future Growth

Thursday, August 19, 2021 - 12:00pm

WINS' independent shareholders approve new issuance of up to 415 million shares without pre-emptive rights to enable the Company to invest amidst better industry conditions.

Key Points: 
  • WINS' independent shareholders approve new issuance of up to 415 million shares without pre-emptive rights to enable the Company to invest amidst better industry conditions.
  • JAKARTA, Aug 19, 2021 - (ACN Newswire) - PT Wintermar Offshore Marine Tbk (WINS:JK) held its Annual General Meeting of Shareholders ("AGM") on 19th August 2021, attended by a quorum of more than 84% of shareholders.
  • The meeting also met the quorum of attendance by a majority of independent shareholders, which was necessary for the approval of the share issuance without pre-emptive rights, according to OJK regulations.
  • All agenda items were approved, including the issuance of 415 million shares without pre-emptive rights, in which only independent shareholders were allowed to vote.

Yanlord Posts Revenue up 44.7% to RMB13.189 Billion for 1H 2021

Friday, August 13, 2021 - 1:00am

With the increase of GFA being delivered and recognised as revenue of the Group in 1H 2021, gross profit of the Group for 1H 2021 increased by 7.5% to RMB3.520 billion compared to 1H 2020.

Key Points: 
  • With the increase of GFA being delivered and recognised as revenue of the Group in 1H 2021, gross profit of the Group for 1H 2021 increased by 7.5% to RMB3.520 billion compared to 1H 2020.
  • Gross profit margin decreased by 9.2 percentage points to 26.7% in 1H 2021 from 35.9% in 1H 2020 primarily due to the change in the composition of product-mix delivered in 1H 2021.
  • Profit attributable to owners of the Company for 1H 2021 was RMB823 million, an increase of 67.1% compared to 1H 2020.
  • The gross property sales (including car parks) recognised in 1H 2021 amounting to RMB18.558 billion, an increase of 127.4% compared to 1H 2020, of which, RMB11.433 billion was recognised as revenue of the Group and RMB7.125 billion was recognised as revenue of joint ventures and associates.

Sunpower's GI business performed well in 1H 2021 with GI PATMI up 37.0% YoY to RMB91.8 million

Thursday, August 12, 2021 - 10:00am

Sunpower is committed to better sustainability in its business by incorporating environmental, social and governance (ESG) values it does.

Key Points: 
  • Sunpower is committed to better sustainability in its business by incorporating environmental, social and governance (ESG) values it does.
  • As the GI business went from strength to strength, the strong 1H 2021 performance proved the recurring, high-quality nature of Sunpower's GI development strategy that is creating sustainable value for the Group in the long-term.
  • GI EBITDA and GI PATMI grew 50.0% YoY and 37.0% YoY to RMB281.3 million and RMB91.8 million respectively due to Sunpower's sophisticated management and strong operational capabilities.
  • A substantial gain on disposal of RMB934.0 million was recorded, boosting group PATMI to RMB602.5 million in 1H 2021, up 247.2% YoY.