ACN Newswire

Ev Dynamics Delivers First Batch of 12-Meter E-Buses to Europe

indie 10 2 月

3 minutes

HONG KONG, Feb 10, 2022 - (ACN Newswire via SEAPRWire.com) - Ev Dynamics (Holdings) Limited (the "Company," Stock Code: 476, together with its subsidiaries, collectively "Ev Dynamics" or the "Group"), a provider of new energy vehicles and integrated technology solutions, has today announced the delivery of its first batch of 12-meter E-Buses to Europe. This delivery follows the vehicle's successful homologation through the Whole Vehicle-Type-Approval System (WVTA) and Standardized On-Road Test Cycles (E-SORT) of the Economic Commission of Europe last year. Ev Dynamics' first batch of 12-meter E-Buses is on its way to EuropeEv Dynamics is confident the 12-meter E-Bus will pass winter testing in AprilThe delivery is part of a collaboration between the Company and its strategic partners in Europe. Ev Dynamics is ready to conquer inner-city e-mobility and regional freight and passenger' transportation market in Europe. It is intended to gain entrance into the European market and tap its huge growth potential with the high-performing, sustainable and environmentally-friendly 12-meter E-Bus model specifically designed to meet European standards. The vehicle has 420kWh battery capacity al...

Showa Denko Accelerates Search for Optimal Formulation of Semiconductor Materials with Quantum Computing Technology

indie 10 2 月

4 minutes

TOKYO, Feb 10, 2022 - (ACN Newswire via SEAPRWire.com) - Showa Denko K.K. (SDK; TSE:4004) has demonstrated that it is possible to dramatically speed up the time required to search for optimal formulations of semiconductor materials, from several decades to several tens of seconds, using quantum computing technology.Image of optimization of semiconductor materials formulationSemiconductor materials contain a large number of ingredients such as resins, fillers and additives in various mixing ratios; by optimizing these formulations high-performance materials are obtained. However, the theoretical number of combinations for the development theme that we are working on is enormous, exceeding 10 to the 50th power. Thus, it would take decades to explore all possible combinations of these ingredients and their mixing ratios with conventional artificial intelligence (AI) models, and for this reason only a portion of the theoretical combinations had been extracted to search for the optimal combination of formulations.To reduce the time required for the exploration, we focused on Fujitsu Ltd's Digital Annealer(1), the first quantum-inspired digital technology(2). In order to utilize Digital ...

Showa Denko Accelerates Search for Optimal Formulation of Semiconductor Materials Leveraging Quantum Computing Technology

indie 10 2 月

4 minutes

TOKYO, Feb 10, 2022 - (ACN Newswire via SEAPRWire.com) - Showa Denko K.K. (SDK; TSE:4004) has demonstrated that it is possible to dramatically speed up the time required to search for optimal formulations of semiconductor materials, from several decades to several tens of seconds, using quantum computing technology.Semiconductor materials contain a large number of ingredients such as resins, fillers and additives in various mixing ratios; by optimizing these formulations high-performance materials are obtained. However, the theoretical number of combinations for the development theme that we are working on is enormous, exceeding 10 to the 50th power. Thus, it would take decades to explore all possible combinations of these ingredients and their mixing ratios with conventional artificial intelligence (AI) models, and for this reason only a portion of the theoretical combinations had been extracted to search for the optimal combination of formulations.To reduce the time required for the exploration, we focused on Fujitsu Ltd's Digital Annealer(1), the first quantum-inspired digital technology(2). In order to utilize Digital Annealer, input in the form of an Ising model(3), an analysi...

G Mining Ventures Delivers Robust New Feasibility Study at Permitted Tocantinzinho Gold Project

indie 10 2 月

26 minutes

All amounts are in USD unless stated otherwiseFeasibility Study reflects optimized development plan and current cost environmentAfter-tax NPV 5% of $622 million and after-tax IRR of 24% at $1,600/oz gold price10.5-year mine life with average annual gold production of 174,700 ounces at AISC of $681/ozYears 1-5: Average annual gold production of 196,200 at AISC of $666/ozA 12% increase in mineral reserves to 2.0 million gold ouncesA 7% increase in initial capital to $458 million and 44% decrease in sustaining capital to $83 million, resulting in an overall 4% decrease in LOM capital costs to $564 millionLaunch of project financing process targeting 60% to 70% from non-equity sources, with target start of construction in mid-2022Well-funded with $58 million of cash and $27 million of in the money warrants maturing in Q2-22 iBROSSARD, QC, Feb 10, 2022 - (ACN Newswire via SEAPRWire.com) - G Mining Ventures Corp. (" GMIN " or the " Corporation ") is pleased to announce the results of its 2022 Feasibility Study (the " FS " or the " Study ") for the development of its wholly-owned and permitted Tocantinzinho Gold Project, located in Para State, Brazil (" TZ " or the " Project "). The Study...

DBS, Olam International and Marriott Vacations Club share top honours as Kincentric Best Employers in Indonesia for 2021

indie 10 2 月

4 minutes

Jakarta, Indonesia, Feb 10, 2022 - (ACN Newswire via SEAPRWire.com) - DBS, Olam International and Marriott Vacations Club Worldwide have emerged as Indonesia's Best Employers in 2021, according to Kincentric's premium assessment that identifies organisations who demonstrated outstanding people practices and workplace excellence.DBS has earned the honours for the third consecutive year, Marriott Vacations Club for the second time in the last three years, while Olam International is a first-time winner. These companies are leading the way by creating engaging environments fostering organisational agility while building engaging leaders.Companies were evaluated against four research-based elements that are key to accelerating success: Employee Engagement, Organisational Agility, Talent Focus and Engaging Leadership. Kincentric Best Employers in Indonesia were found to be excelling in those areas. Success Factors According to Kincentric's insights, Top Quartile companies are 20% points stronger on Agility scores, and 14% points more committed on Engaging Leadership as compared to their peers. This clearly demonstrates the importance of keeping people at the centre of all business decis...

乐普生物宣布于香港交易所主板上市计划

tallulah 10 2 月

1 minute

HONG KONG, Feb 10, 2022 - (亚太商讯 via SEAPRWire.com) - 聚焦于肿瘤治疗领域的生物制药企业──乐普生物科技股份有限公司(「乐普生物」或「公司」，股份代号：2157)，今天宣布于香港交易所有限公司(「香港交易所」)主板上市计划。乐普生物将全球发售126,876,000股H股(视乎超额配股权行使与否而定)，其中114,188,000股H股将作国际发售(视乎超额配股权行使与否而定及可予调整)，占初步发售股份总数90%；余下12,688,000股H股将于香港作公开发售(可予调整)，占初步发售股份总数10%，每股H股作价介乎6.87港元至7.38港元。乐普生物将于2022年2月10日(星期四)上午9时开始于香港公开发售，并于2022年2月15日(星期二)中午12时截止。乐普生物的股份预计将于2022年2月23日(星期三)于香港交易所主板开始买卖，股份将按每手买卖单位1,000股H股买卖，股份代号为2157。 -- 中国国际金融香港证券有限公司及摩根士丹利亚洲有限公司为联席保荐人及联席全球协调人。-- 中国国际金融香港证券有限公司、摩根士丹利亚洲有限公司(仅就香港公开发售而言)、Morgan Stanley & Co. International plc(仅就国际发售而言)、海通国际证券有限公司、华泰金融控股（香港）有限公司、中国银河国际证券（香港）有限公司及华盛资本证券有限公司为联席账簿管理人。-- 中国国际金融香港证券有限公司、摩根士丹利亚洲有限公司(仅就香港公开发售而言)、及Morgan Stanley & Co. International plc(仅就国际发售而言)、海通国际证券有限公司、华泰金融控股（香港）有限公司、中国银河国际证券（香港）有限公司、华盛资本证券有限公司及老虎证券(香港)环球有限公司(仅就国际发售而言)为联席牵头经办人。乐普生物于2018年注册成立，是一家聚焦于肿瘤治疗领域的生物制药企业。公司已构建多个肿瘤产品管线，截至最后实际可行日期，公司的产品管线包括八种临床阶段候选药物、三种临床前候选药物及三种临床阶段的候选药物的联合疗法。公司的产品管线以广谱抗肿瘤药物(主要包括抗PD-1抗体候选产品)作为主干，ADC类和溶瘤病毒候选药物齐头并进，从而最大化发挥商业化与药物疗效的协同效应，令公司能够扩大适应症范围及潜在市场。公司将抗PD-1及抗PD-L1候选药物作为免疫治疗的基石，积极推进相关产品的研发。公司于2021年6月向国家药监局提交HX008用于治疗黑色素瘤的NDA申请，并于2021年10月向国家药监局提交HX008用于MSI-H/dMMR实体瘤的NDA申请。除此之外，公司还致力开发ADC及溶瘤病毒产品。根据弗若斯特沙利文的资料，按临床阶段ADC候选药物的数量统计，乐普生物的ADC...

Cipia将为两款国产车型提供驾驶员监控系统

tallulah 10 2 月

1 minute

BEIJING, Feb 10, 2022 - (亚太商讯 via SEAPRWire.com) - 提供基于人工智能的驾驶员和车内空间监测感知解决方案的汽车科技公司Cipia（特拉维夫证券交易所代码：CPIA）宣布获得来自中国知名整车厂的订单，为该整车厂的两款新车型提供Driver Sense驾驶员监控系统。Cipia业内领先的Driver Sense驾驶员监控系统将搭载于方向盘轴上方的红外传感器，并基于NVIDIA Orin X芯片系统（SoC）运行，预计将在今年开始投产。Cipia首席执行官David Tolub表示：“获得新车型的订单有助于继续提升我们在中国汽车市场的影响力。客户决定再次合作就是我们产品质量的最好证明，我们非常感谢有机会与我们的合作伙伴开启新项目。我们也期待未来有更多合作。”截至目前，Cipia已获得来自5家汽车制造商、7个不同平台的23个车型的订单。Cipia的客户包括一家美国电动汽车制造商、上汽集团、位于中国的一家美国汽车品牌以及两家中国知名汽车制造商。中国的汽车市场在过去20年中一直呈现稳步增长态势，据估计，2020年中国制造的新车达2500万辆，超过美国和欧盟的总和。中国市场一直以来都是面向国际的，近年来，中国汽车制造商开始收购国际汽车品牌，进军西方市场。基于计算机视觉和人工智能技术，Cipia的Driver Sense系统通过分析红外图像来评估驾驶员的行为。该系统能够追踪驾驶员的面部特征，识别视觉线索，如眼睑张开度、瞳孔扩张、注视方向等属性，以检测驾驶员的疲劳或分心迹象。一旦检测到以上情况，系统将提醒驾驶员集中注意力，防止危险事故的发生。关于CipiaCipia是一家提供领先智能传感解决方案的企业，利用先进的计算机视觉和人工智能技术，实现更安全和更优质的驾驶体验。公司专注于车内环境，提供Driver Sense驾驶员监控系统， Cabin Sense车内空间监测系统，以及Cipia-FS10车队驾驶员监控和远程视频信息处理设备。经过十多年的研发，公司拥有领先的专利计算机视觉技术。Cipia正在不断突破智能感知解决方案的边界，以实现更优质和更安全的驾驶体验。 Copyright 2022 亚太商讯. All rights reserved. (via SEAPRWire)

Lepu Biopharma Announces Proposed Listing on the Main Board of the Hong Kong Stock Exchange

indie 10 2 月

9 minutes

HONG KONG, Feb 10, 2022 - (ACN Newswire via SEAPRWire.com) - The biopharmaceutical company focusing on oncology therapeutics - Lepu Biopharma Co., Ltd. ("Lepu Biopharma" or the "Company", stock code: 2157), today announced the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited ("Hong Kong Stock Exchange"). Lepu Biopharma plans to offer 126,876,000H shares (subject to the Over-allotment Option), of which 114,188,000 H shares will be International Offer Shares (subject to reallocation and the Over-allotment Option), representing 90% of the initial offer shares; the remaining 12,688,000 H shares will be Hong Kong Offer Shares (subject to reallocation), representing 10% of the initial offer shares. Offer Price is between HK$6.87 and HK$7.38 per Offer H Share. Lepu Biopharma will open for Hong Kong Public Offering in Hong Kong at 9 a.m., 10 February 2022 (Thursday), and close at 12:00 noon, 15 February 2022 (Tuesday). Dealings in shares of Lepu Biopharma on the Main Board of the Hong Kong Stock Exchange is expected to commence on 23 February 2022 (Wednesday). The shares will be traded in board lot of 1,000 shares each. The Company's stock code is...

Wikisoft Corp. Signs Letter of Intent to Acquire Disruptive Blockchain Tech Company — Etheralabs LLC

indie 10 2 月

5 minutes

San Francisco, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - Wikisoft Corp. (the "Company," "we," and "our") (OTCQB: WSFT) today announced that it has entered into a non-binding letter of intent to acquire a majority stake in Etheralabs LLC, a New York City based venture lab and ecosystem that invests in, builds, and deploys disruptive technologies across the Blockchain space.The proposed transaction would include full global access to Etheralabs LLC's disruptive technologies across the Blockchain and global funding landscape. With the majority stake, Wikisoft plans to ensure that Etheralabs future product and technology roadmap supports Wikisoft's platform strategy. The parties intend to enter into a binding agreement after consultation with their respective legal counsel. Wikisoft Corp. plan to fund the acquisition with equity, thus providing the Company the optimum financial flexibility in the future. Wikisoft's Board of Directors has given a commitment to approve the transaction.Carsten Kjems Falk, Chief Executive Officer of Wikisoft Corp. said, "Etheralabs LLC's disruptive technology and products are expected to provide an outstanding opportunity to expand Wikisoft's global...

Mainboard-listed BBR awarded S$363 million contract for design and construction of Pasir Ris East Station for Cross Island Line 1

indie 9 2 月

3 minutes

SINGAPORE, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - Mainboard-listed BBR Holdings (S) Ltd ("BBR" or "the Group") today announced that the Land Transport Authority ("LTA") has awarded a S$363 million civil contract for the design and construction of Pasir Ris East station, under the first phase of the Cross Island Line (CRL1), to Singapore Engineering & Construction Pte. Ltd. and Sinohydro Corporation Limited (Singapore Branch) Joint Venture.Mr Andrew Tan, BBR's Chief Executive Officer said: "We are delighted in winning the LTA's contract for the Pasir Ris East Station for Cross Island Line 1. Together with our joint venture partner Sinohydro Corporation, we will do our best to make the project a success."Singapore Engineering and Construction Pte Ltd is a wholly owned subsidiary of BBR. It is one of Singapore's most established civil engineering and construction specialists. The company's previous projects included the construction of Tai Seng Facility Building which serves the Downtown Line and the widening of Keppel Viaduct.Construction works for the CRL1 Pasir Ris East station are expected to start in the second quarter of this year, with passenger service expected t...

Aditya Birla Sun Life AMC Limited’s offshore arm appoints Sarath Sathkumara to head investments for its international business

indie 9 2 月

3 minutes

DUBAI, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - Aditya Birla Sun Life AMC Limited's (ABSLAMC) offshore subsidiary has appointed Mr. Sarath Sathkumara to lead investments for its international business.Aditya Birla Sun Life AMC Limited is the fourth largest asset manager in India with total assets under management of close to $42 billion. The publicly listed company has its presence in over 280 locations pan-India and present in international markets such as Dubai, Singapore, and Mauritius. It also operates via UCIT to cater to European markets. The company recently received approval from International Financial Services Centres Authority (IFSCA) to carry out Portfolio Management Services from GIFT City in India that will help to expand its reach and service to global clients. Aditya Birla Sun Life AMC Limited's offshore subsidiaries manage money to the extent of USD 1.32 billion. ABSLAMC is a subsidiary of Aditya Birla Capital Limited (a non-bank financial services conglomerate), and investment manager to Aditya Birla Sun Life Mutual Fund (ABSLMF).Commenting on his appointment, Mr. A. Balasubramanian, MD & CEO, Aditya Birla Sun Life AMC Limited said, "We are delighted t...

Opal aims to assist SMEs by making business transactions more efficient in the new normal environment

indie 9 2 月

3 minutes

SINGAPORE, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - Opal, a Major Payment Institution (MPI) licensed by the Monetary Authority of Singapore (MAS) has launched a Global Digital Business Account for SMEs. This latest product offering from Opal will allow businesses access to a less costly and more convenient form of international payment and cross-border banking.Lim Ming Wang, CEO and Co-Founder, OpalThe Global Digital Business Account is an ideal financial tool for SMEs with global ambition and outreach. It provides named accounts to Opal's customers, making it convenient for their customers to receive payments quickly in major markets such as the US, UK, EU, and others.Opal's new product offering also provides access to local payment networks in 21 countries. This allows payment to be made quickly and cheaply in countries such as the US, UK, Euro, China, and others. It provides easy access to these markets without the need to set up business operations in these territories.Lim Ming Wang, Co-founder of Opal said, "We are aware SMEs face hurdles when it comes to business transactions on a global scale. They often face high charges and barriers such as unreasonable costs and d...

ITE signs MOU with VIZZIO to Launch New Centre of Excellence, Harnessing the Power of 3D Virtualization

indie 9 2 月

5 minutes

SINGAPORE, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - VIZZIO Technologies, a Singapore-based technology company specialized in creating and virtualizing digital realities, today announced a three-year partnership with the Institute of Technical Education (ITE) to launch a new Centre of Excellence - the Universal Omniverse Experience Centre - at ITE College Central. The Centre, which will leverage next-generation technologies including AI-powered Geo-Spatial, 3D virtualization and Digital Twin solutions, will deliver training programs to students and adult learners.(Left) Mr Suresh Natarajan, Principal of ITE College Central, and Dr Jon Li, CEO and Founder of Vizzio Technologies Pte Ltd."As Singapore continues to advance its Smart Nation agenda, we need to prepare our students, adult learners and wider business community with the deep tech skills they need for future employability and decision-making. Together with VIZZIO, we are delivering a holistic curriculum, integrating education and real-world applications of 3D technologies to demonstrate the power of spatial data for industrial and smart city projects. Leveraging these emerging technologies, we are excited for what the...

ITE signs MOU with VIZZIO to Launch New Centre of Excellence, Harnessing the Power of 3D Virtualization

indie 9 2 月

5 minutes

SINGAPORE, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - VIZZIO Technologies, a Singapore-based technology company specialized in creating and virtualizing digital realities, today announced a three-year partnership with the Institute of Technical Education (ITE) to launch a new Centre of Excellence - the Universal Omniverse Experience Centre - at ITE College Central. The Centre, which will leverage next-generation technologies including AI-powered Geo-Spatial, 3D virtualization and Digital Twin solutions, will deliver training programs to students and adult learners.(Left) Mr Suresh Natarajan, Principal of ITE College Central, and Dr Jon Li, CEO and Founder of Vizzio Technologies Pte Ltd."As Singapore continues to advance its Smart Nation agenda, we need to prepare our students, adult learners and wider business community with the deep tech skills they need for future employability and decision-making. Together with VIZZIO, we are delivering a holistic curriculum, integrating education and real-world applications of 3D technologies to demonstrate the power of spatial data for industrial and smart city projects. Leveraging these emerging technologies, we are excited for what the...

Novotech Recognized as Top 10 CRO in CenterWatch Site Relationship Benchmarking Report

indie 9 2 月

3 minutes

SYDNEY, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - Novotech, the leading Asia Pacific biotech specialist CRO, has been recognized as a top 10 CRO in the 2021 CenterWatch Global Site Relationship Benchmark Survey. Report available here. https://novotech-cro.com/news/novotech-recognized-top-10-cro-centerwatch-site-relationship-benchmarking-reportCenterWatch, established in 1994, is a global benchmarking authority for the clinical trials sector.The benchmarking report results reflect how more than 3,700 representatives from clinical trial sites around the world rate their clinical research organisation (CRO) relationships and their responses to the COVID-19 pandemic.The criteria for benchmarking CROs included:- Professionalism- Organizational processes- Preparedness- CommunicationsSite respondents were asked to rank the overall reputation of 29 CROs and rate the relative importance of performance-related attributes."Strong site, sponsor, and CRO relationships form the essential foundation on which efficient and effective clinical trials are built. We conduct the CenterWatch Global Site Relationship Benchmark Survey as a service to the industry, highlighting behaviors and approac...

Society Pass(SoPa)(社會通行有限公司)宣布定价为1,000万美元包销公开发售

tallulah 9 2 月

1 minute

SINGAPORE, Feb 9, 2022 - (亚太商讯 via SEAPRWire.com) - 东南亚领先的数据驱动忠诚度平台Society Pass 社會通行有限公司(纳斯达克代码：SOPA，以下简称“SoPa”或“公司”)今天宣布其承销公开发售3,030,300 普通股和随附认股权证的定价购买最多3,030,300 股普通股。每股普通股与一份认股权证一起以美元3.30 的合并购买价格出售。认股权证将以每股3.30 美元的价格立即行使，并将自发行之日起五年届满。普通股的股份和随附的认股权证只能在本次发行中一起购买，但将单独发行，并在发行后立即分离。认股权证不会在任何交易所上市。在扣除承销折扣和佣金以及估计的发售费用之前，总收益预计约为1,000 万美元。公司已授予承销商 45 天选择权，以购买最多454,545 股额外普通股和/或额外认股权证，以公开发售价格购买最多454,545股额外普通股，以支付超额费用。分配，如果有的话。本次发行预计将于 2022 年 2 月 11 日结束，但须符合惯例成交条件。Maxim Group LLC担任此次发行的唯一账簿管理人。美国证券交易委员会于2022年2月8日宣布与该证券有关的注册声明生效。本次发行仅以招股说明书的方式进行。如需副本可联系Maxim Group LLC，300 Park Avenue, 16th Floor, New York, New York 10022。注册声明的副本可以通过美国证券交易委员会网站www.sec.gov获取。本新闻稿不构成销售要约或购买要约邀请，同时也不得在根据其证券法未经注册或资格认证的任何此类要约、要约邀请或销售均为非法的国家或司法辖区销售任何此类证券。关于Society PassSociety Pass客户忠诚度和分析平台已吸纳数以万计的消费者。Society Pass为商户提供了线上商务平台 SoPa.asia(专为用户提供)、便利订单管理程序 #HOTTAB Biz(专为SoPa.asia商业合作伙伴提供)以及综合性支付、忠实客户管理、用户资料分析系统POS技术方案 #HOTTAB POS和面向中小型企业制定的金融支持计划。上述所有工具可通过基于数据分析的个性化互动帮助各企业吸引和保留客户且盈利丰厚。Society Pass同时经营www.leflair.com，这是越南领先的生活方式电子商务平台。请登陆 http://thesocietypass.com/ 了解详情。前瞻性声明本新闻稿多包含的信息可能包括“前瞻性声明”。前瞻性声明反映了目前对未来事件的看法。本新闻稿使用的“预期”、“相信”、“预计”、“期望”、"未来"、“打算”、“计划”等词语或这些词语的否定形式以及类似表达方式确定了前瞻性声明的内容，因为这些词语与我们或我们的管理层相关。这类声明包括但不限于本...

Horangi Warden Named a High Performer Across Multiple Cloud Security Categories in the G2 Winter Reports 2022

indie 9 2 月

3 minutes

SINGAPORE, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - Horangi, a leading cloud security solutions and services firm based in Singapore, announced today that its flagship cloud security platform Warden was recently named a High Performer in the G2 Winter Reports across Cloud Security[1], Cloud Data Security[2], and Cloud Compliance[3]. G2 is the world's largest tech marketplace aggregating authentic peer-to-peer reviews serving over 60 million people.The G2 High Performer award is based on customer reviews, which saw Warden rank as the top Cloud Security Software provider across customer satisfaction metrics such as 'Ease of Doing Business With', the 'Quality of Support Offered', and 'Value for Money'. Warden is also featured in the Top 5 for Cloud Data Security Software and the Small-Business Grid category for Cloud Security Software, having various small tech businesses the likes of Vaultbox and SafeGraph under its belt. In addition, Warden is among the Top 10 for Cloud Compliance Software as it boasts both international and ASEAN-specific compliance standards including ISO 27001, SOC 2, and MAS TRM.Warden is a human-centric cloud security platform that protects organization...

Society Pass (SoPa) Announces Pricing of US$10 Million Underwritten Public Offering

indie 9 2 月

4 minutes

SINGAPORE, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Incorporated (Nasdaq: SOPA) ("SoPa" or the "Company"), a leading Southeast Asian data-driven loyalty platform, today announced the pricing of its underwritten public offering of 3,030,300 shares of common stock and accompanying warrants to purchase up to 3,030,300 shares of common stock. Each share of common stock is being sold together with one warrant at a combined purchase price of US$3.30. The warrants will be immediately exercisable at a price of US$3.30 per share and will expire five years from the date of issuance. The shares of common stock and accompanying warrants can only be purchased together in the offering, but will be issued separately and will be immediately separable upon issuance. The warrants will not be listed on any exchange. Gross proceeds, before deducting underwriting discounts and commissions and estimated offering expenses, are expected to be approximately US$10 million.The Company has granted the underwriters a 45-day option to purchase up to 454,545 additional shares of common stock and/or additional warrants to purchase up to an additional 454,545 shares of common stock at the publ...

Motul Claims 24 Hours of Daytona Victory After Sensational Pfaff Motorsports Win

indie 9 2 月

7 minutes

- Motul lubricants shine in 24-hour endurance classic at Daytona International Speedway- "Plaid Porsche" powered to GTD Pro victory by Motul 300V- Motul provides reliability for sprint finish after 24 hours of racingSingapore, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - The 60th Rolex 24 at Daytona produced a spectacular nail-biting finish with podium spots being contested for well into the final hour of the race. 2021 GTD Champions Pfaff Motorsports eventually came home to claim a hard-fought victory in the new GTD Pro class. It all came down to the final lap of the race, where the #9 Pfaff Motorsports Porsche made contact with the #2 KCMG Porsche but kept on track to maintain the lead and eventually cross the chequered flag in P1. It was a stunning display of strength and determination that resulted in the eventual triumph for the Motul-backed Porsche squad.Right from the green flag, Pfaff Motorsports challenged for the class lead. The trio of Matt Campbell, Felipe Nasr and Mathieu Jaminet was on an all-out attack, continually pushing the Porsche 911 GT3R to its maximum. The battle for the lead in the GTD Pro class culminated into a "crazy fight" between Jaminet and his fell...

TrueFi Launches First Protocol-to-protocol Lending Portfolio for Perpetual Protocol, Powering Up to $100m in DEX Liquidity

indie 9 2 月

4 minutes

San Francisco, Feb 9, 2022 - (ACN Newswire via SEAPRWire.com) - TrustToken, builders of the leading unsecured lending protocol TrueFi, as well as popular stablecoins like TrueUSD, announces its partnership with Perpetual Protocol (PERP), an Ethereum-based decentralized derivatives exchange with up to 10x leverage. As part of the collaboration, TrueFi launches its first protocol-to-protocol lending portfolio, supporting market makers with access to competitively priced loans to support even deeper liquidity on Perpetual Protocol. The portfolio opens with a $5 million asset cap, to be expanded over time.The decentralized finance ecosystem expanded by 1,200 percent in 2021 in total value locked'a dramatic upshoot in parallel with increased interest from traditional financial institutions and institutional investors. Decentralized exchanges - trading platforms powered by smart contracts - have emerged as one of the key cornerstones of the space. Since they rely on algorithmic market-making instead of the usual order book, they need a community of dedicated liquidity providers to maintain pools large enough to avoid slippage on executing trades.TrueFi helps Perpetual scale its liquidity...

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