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Asia Allied Infrastructure Concludes HK$1.1 Billion 3-Year Term Loan Agreement

Retrieved on: 
Tuesday, March 14, 2023

HONG KONG, Mar 14, 2023 - (ACN Newswire) - Asia Allied Infrastructure Holdings Limited ("Asia Allied Infrastructure", "AAI", or "the Group") (stock code: 00711) is pleased to announce that it has entered into a HK$1.1 billion term loan agreement with 6 banks.

Key Points: 
  • HONG KONG, Mar 14, 2023 - (ACN Newswire) - Asia Allied Infrastructure Holdings Limited ("Asia Allied Infrastructure", "AAI", or "the Group") (stock code: 00711) is pleased to announce that it has entered into a HK$1.1 billion term loan agreement with 6 banks.
  • Part of the loan will be used to refinance the loan portfolio of the Group, while the rest will be used to support future operations and development.
  • Mr. Dominic Pang, Chairman of Asia Allied Infrastructure, said, "We would like to express our sincere appreciation to the banks for their continual trust and support to AAI, it means a lot to us.
  • Asia Allied Infrastructure Holdings Limited (stock code: 00711.HK)
    Asia Allied Infrastructure Holdings Limited ("Asia Allied Infrastructure") is listed on the Main Board of the Hong Kong Stock Exchange under stock code 00711.

OrbusNeich Announces First Annual Results After Listing, Record Revenue of US$136.8 Million, Adjusted Net Profit Up 25% to US$26.7 Million

Retrieved on: 
Wednesday, March 8, 2023

As a result, gross profit and adjusted net profit(1) both recorded an increase, by 13.9% to US$92.5 million and by 24.9% to US$26.7 million, respectively, while the gross margin remained at a healthy level of 67.6%.

Key Points: 
  • As a result, gross profit and adjusted net profit(1) both recorded an increase, by 13.9% to US$92.5 million and by 24.9% to US$26.7 million, respectively, while the gross margin remained at a healthy level of 67.6%.
  • The Group has further strengthened its financial position by raising approximately HK$480.8 million through its listing on HKEX.
  • Mr. David Chien, Chairman, Executive Director and Chief Executive Officer of OrbusNeich said, "The year 2022 marked an important milestone in OrbusNeich's history.
  • Ultimately, we achieved growth in both established and high-growth markets, as well as record-high revenue and a significant improvement in net profit."

Chow Tai Fook Jewellery Group Announces Departure of Mr. Chan Sai-Cheong

Retrieved on: 
Saturday, March 11, 2023

Chow Tai Fook Jewellery Group Announces Departure of Mr. Chan Sai-Cheong

Key Points: 
  • Chow Tai Fook Jewellery Group Announces Departure of Mr. Chan Sai-Cheong
    The issuer is solely responsible for the content of this announcement.
  • (Hong Kong, China, 6 March 2023) Chow Tai Fook Jewellery Group Limited ("Chow Tai Fook Jewellery Group", the "Group" or the "Company"; SEHK stock code: 1929), a Hong Kong Main Board listed company, has announced that one of its Managing Directors, Mr. Chan Sai-Cheong, will be stepping down from his position as Managing Director, Mainland China on 31 March 2023.
  • Mr. Chan joined the Group in 1985, playing an integral role in Chow Tai Fook Jewellery Group’s growth and helping to deliver enhancements in overall operations as the Group forged its way in the Mainland China market.
  • Our transformation journey will further elevate our brand, driving quality growth and operational resilience.”
    Chow Tai Fook Jewellery Group Limited Chow Tai Fook Jewellery Group Limited (the “Group”; SEHK stock code: 1929) was listed on the Main Board of The Stock Exchange of Hong Kong in December 2011.

Chow Tai Fook Jewellery Group Limited: Chow Tai Fook Jewellery Group Announces Chief Operating Officer

Retrieved on: 
Wednesday, March 1, 2023

Chow Tai Fook Jewellery Group Limited: Chow Tai Fook Jewellery Group Announces Chief Operating Officer

Key Points: 
  • Chow Tai Fook Jewellery Group Limited: Chow Tai Fook Jewellery Group Announces Chief Operating Officer
    The issuer is solely responsible for the content of this announcement.
  • (Hong Kong, China, 28 February 2023) Chow Tai Fook Jewellery Group Limited ("Chow Tai Fook Jewellery Group", the "Group" or the "Company"; SEHK stock code: 1929), a Hong Kong Main Board listed company, is delighted to announce the appointment of Ms. Annie Wong as Chief Operating Officer on 1 March 2023.
  • Ms. Sonia Cheng, Vice-Chairman of Chow Tai Fook Jewellery Group remarked, “Drawing on Annie’s broad experience in management consulting, operations and executive leadership, coupled with her enthusiasm and commitment to success, she is a pivotal force in the Group’s transformation journey.”
    Chow Tai Fook Jewellery Group Limited Chow Tai Fook Jewellery Group Limited (the “Group”; SEHK stock code: 1929) was listed on the Main Board of The Stock Exchange of Hong Kong in December 2011.
  • Founded in 1929, the Group’s iconic brand “CHOW TAI FOOK” is widely recognised for its trustworthiness and authenticity, and is renowned for its product design, quality and value.

Logory (Stock code: 2482) Announces its Global Offering

Retrieved on: 
Monday, February 27, 2023

In 2002, the predecessor of Logory was established in Beijing.

Key Points: 
  • In 2002, the predecessor of Logory was established in Beijing.
  • The Company has successfully built a digitalized ecosystem for road freight transportation in China.
  • The Company provides digital freight services and solutions to shippers, such as logistics companies and cargo owners, as well as truckers.
  • Haitong International Securities Company Limited is the Overall Coordinator, Sole Global Coordinator, Joint Bookrunner and Joint Lead Manager.

Global Military Embedded Systems Market Expected to Surpass $3,259.3 Million and Grow at 7.9% CAGR in the 2022-2031 Timeframe [300-Pages] | Disclosed by Research Dive

Retrieved on: 
Friday, February 24, 2023

NEW YORK, Feb. 24, 2023 /PRNewswire/ -- Research Dive has added a new report to its offering titled, "Military Embedded Systems Market by Product Type (Motherboard & Computer-On-module (COM), OPEN VPX, VME Bus, Compact-PCI (Board & Serial), and Others), Component Type (Hardware and Software), Platform Type (Airborne, Land, Naval, and Space), Application (Radar, Command & Control, Avionics, Electronic Warfare, Communication & Navigation, Weapon Fire Control System, and Others), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2031".

Key Points: 
  • The global military embedded systems market is expected to grow by 2031 due growing government military expenditure.
  • According to the report, the global military embedded systems market is predicted to register a revenue of $3,259.3 million by 2031, growing at a healthy CAGR of 7.9% during the forecast period 2022-2031.
  • Drivers: The military embedded systems market is expected to flourish in the forecast period on account of the growing defense and military expenditure by various governments across the globe.
  • By regional analysis, military embedded systems market in the North America region is estimated to be the most dominant in the forecast period.

Global Military Embedded Systems Market Expected to Surpass $3,259.3 Million and Grow at 7.9% CAGR in the 2022-2031 Timeframe [300-Pages] | Disclosed by Research Dive

Retrieved on: 
Friday, February 24, 2023

NEW YORK, Feb. 24, 2023 /PRNewswire/ -- Research Dive has added a new report to its offering titled, "Military Embedded Systems Market by Product Type (Motherboard & Computer-On-module (COM), OPEN VPX, VME Bus, Compact-PCI (Board & Serial), and Others), Component Type (Hardware and Software), Platform Type (Airborne, Land, Naval, and Space), Application (Radar, Command & Control, Avionics, Electronic Warfare, Communication & Navigation, Weapon Fire Control System, and Others), and Regional Analysis (North America, Europe, Asia-Pacific, and LAMEA): Global Opportunity Analysis and Industry Forecast, 2022-2031".

Key Points: 
  • The global military embedded systems market is expected to grow by 2031 due growing government military expenditure.
  • According to the report, the global military embedded systems market is predicted to register a revenue of $3,259.3 million by 2031, growing at a healthy CAGR of 7.9% during the forecast period 2022-2031.
  • Drivers: The military embedded systems market is expected to flourish in the forecast period on account of the growing defense and military expenditure by various governments across the globe.
  • By regional analysis, military embedded systems market in the North America region is estimated to be the most dominant in the forecast period.

SEMK takes on new name "B.Duck Semk Holdings International Limited"

Retrieved on: 
Wednesday, February 8, 2023

In 2021, B.Duck topped all Chinese original IPs in the domestic IP licensing market in terms of revenue.

Key Points: 
  • In 2021, B.Duck topped all Chinese original IPs in the domestic IP licensing market in terms of revenue.
  • It is not easy for a relatively young brand like B.Duck to earn a place in the talent-abundant IP market.
  • The Group will also develop a unique style guide, derivative product design, and licensing business expansion for its partners' IP.
  • B.Duck Semk will relentlessly make new attempts and pursue different creative tracks, in its bid to become an evergreen IP brand."

BeautyFarm Med, the largest provider of traditional beauty services in China Successfully Listed on the Main Board of SEHK

Retrieved on: 
Tuesday, January 17, 2023

The stock price of BeautyFarm Med reached HK$30.5 at its debut today, representing an increase of 57.9% over the offer price.

Key Points: 
  • The stock price of BeautyFarm Med reached HK$30.5 at its debut today, representing an increase of 57.9% over the offer price.
  • BeautyFarm Med is the largest provider of traditional beauty services and the fourth largest non-surgical aesthetic medical service provider in China with a market share of 0.2% and 0.6%, respectively, as measured by revenue in 2021 and according to Frost & Sullivan.
  • The Company provides overall beauty and health management services through its well-established and widely recognized brand portfolio of BeautyFarm, Palaispa, CellCare and Neology.
  • The service offerings of the Company cover traditional beauty services, aesthetic medical services as well as subhealth assessment and intervention services, across the full client lifecycle.

BeautyFarm Med Announces Global Offering Results, Offer Price of HK$19.32per Share

Retrieved on: 
Friday, January 13, 2023

The Offer Price is HK$19.32 per share.

Key Points: 
  • The Offer Price is HK$19.32 per share.
  • The Hong Kong Offer Shares initially offered under the Hong Kong Public Offering have been very significantly oversubscribed.
  • The Offer Shares initially offered under the International Offering have been moderately oversubscribed, representing approximately 4.7 times of the total number of 36,482,500 International Offer Shares initially available for subscription under the International Offering.
  • The outstanding share oversubscription shows the trust and support of global investors for the Company's business development and lays a firm ground for the Company's long-term growth.