ACN Newswire
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Resintech Bhd Proposes Bonus Share and Warrant Issues

indie
2 minutes

KUALA LUMPUR, Apr 1, 2022 - (ACN Newswire via SEAPRWire.com) - Resintech Berhad (7232; RESINTC), a fully integrated provider of polyethylene products and unplasticized polyvinyl chloride (uPVC), has today proposed a bonus issue of up to 50,308,463 new ordinary shares on the basis of 1 bonus share for every 3 existing Resintech shares as well as a proposed bonus issue of up to 100,616,926 free warrants on the basis of 1 warrant for every 2 existing Resintech shares.Dato' Dr. Teh Kim Poo, Managing Director of Resintech BerhadThe entitlement date for the bonus issue of new ordinary shares will be determined and announced later by Resintech's Board of Directors ("the Board") while the entitlement date for the bonus issue of free warrants will be determined and announced later by the Board based on the names of shareholders appearing in the Company's record of securities holders.The bonus shares will be entitled to the bonus warrants as the proposed issue of warrants will be implemented following the completion of the proposed bonus issue of shares.Managing Director of Resintech, Dato' Dr. Teh Kim Poo said, "The proposed bonus issue of shares and warrants is to reward shareholders as th...

ACN Newswire
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AEON Credit Service Launches Various Credit Card Offers Joins Hands with Customers to Fight Pandemic and Welcome Chinese New Year Peak Shopping Season

indie
3 minutes

HONG KONG, Jan 18, 2022 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Limited ("AEON Credit Service" or the "Group"; stock code: 00900) has launched a number of credit card offers to help customers cope with the new wave of the pandemic as well as welcome the traditional Chinese New Year shopping season.AEON Credit Service has always put customers first and is committed to providing the most suitable offers to ensure a superior user experience. In light of the outbreak of the fifth wave of the pandemic and the approach of the Chinese New Year shopping season, the Group has decided to launch special offers for local food & beverage and overseas purchases in Japan both online and offline made with AEON credit cards, allowing customers to enjoy up to 10X bonus points*, equivalent to 4% cash rebate, for shopping and eating comfortably at home with peace of mind amid the tightening of social distancing measures. In addition, AEON credit card customers can earn extra bonus points when making purchases at AEON Stores. Details of these offers are listed below:Up to 10X Bonus Points for Local Dining and Online ShoppingFrom 11 January to 10 July 2022, AEON credit card c...

SeaPRwire

Google to give staff additional bonus this year

elean
1 minute

BENGALURU (REUTERS) - Alphabet's Google said on Wednesday (Dec 8) it will give an additional bonus to its employees globally this year, as the tech giant pushes back its return-to-office plan. Google will give all employees, including the company's extended workforce and interns, a one-time cash bonus of US$1,600 (S$2,180) or equivalent value in their country this month, a company spokesman told Reuters. The latest benefit is in addition to Google's work-from-home allowance and well-being bonus, to support its employees during the coronavirus pandemic, the spokesman said, without giving details on how much the company has set aside in total for the purpose. Earlier in March, Google's internal survey showed a drop in its employee well-being over the past year, after which the company announced a series of benefits, including a US$500 well-being cash bonus. Last week, Google delayed its return-to-office plan indefinitely amid Omicron variant fears and some resistance from its employees to company-mandated vaccinations. It earlier expected staff to return to office from Jan 10. More on this topic Related Story 'Reset days' boost staff well-being at Google Related Story Bosses, if your...

ACN Newswire
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Genetec Q2FY2022 PAT Up by Sixfold

indie
3 minutes

BANGI, Malaysia, Oct 25, 2021 - (ACN Newswire via SEAPRWire.com) - Genetec Technology Berhad ("Genetec" or the "Company"), a technology leader in providing customised full turnkey smart factory automation manufacturing lines, today announced that the Company recorded profit after tax ("PAT") of RM16.30 million for the second quarter ended 30 September 2021 ("Q2FY2022"), which is 515% higher than the PAT of RM2.65 million registered for the corresponding second quarter ended 30 September 2020 ("Q2FY2021").Genetec also announced their proposal of a bonus issue of 661,564,800 new ordinary shares in Genetec ("Bonus Shares") on the basis of twelve (12) Bonus Shares for every one (1) existing ordinary share in Genetec ("Genetec Share" or "Share") held on an entitlement date to be determined later ("Proposed Bonus Issue"). The Entitlement Date will be determined and announced at a later date upon receipt of all relevant approvals for the Proposed Bonus Issue. In addition, for purposes of clarity, the actual number of Bonus Shares to be issued will depend on the total number of issued Shares on the Entitlement Date and is not intended to be implemented on a staggered basis. Further and fin...

SeaPRwire

Cleaning firm gives Covid-19 pandemic bonus of close to $1m to front-line workers

aseanpr
1 minute

SINGAPORE - One cleaning firm is handing out a special pandemic bonus of close to $1 million to its cleaners and other employees. Mr Abdul Aziz Yusof, chief executive of Cleaning Express (Atalian Global Services Singapore), said: "During Covid-19, there was a crisis of manpower and resources, but our workers were motivated. This bonus is to show our appreciation for their contributions and sacrifices." Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

SeaPRwire
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WitLink Crashes the Soft Cap Target during the On-Going Pre-Sale

pandora
3 minutes

London, UK - With increased adoption of artificial intelligence (AI) and machine learning (ML) to solve different industrial processes, the field of AI and ML is certainly the future of human existence. In a bid to close the existing gap and revolutionize the present-day AI space, the team behind WitLink has introduced its decentralized marketplace to the benefit of AI enthusiasts. WitLink is a project geared towards giving AI enthusiasts, including students, trainers, professionals, enterprises, and AI experts the opportunity to profit from the artificial intelligence and machine learning space. WAI Token WAI is an ERC-compliant token and the native token of the WitLink project. The WAI token can be used for different purposes on the WitLink network, including to offer projects, purchase computing resources, and reward payouts for computing resources. Additionally, POS token holders will be rewarded with the WAI token for their activities on the WitLink platform. Plus, the token can be used to pay platform fees and other goods and services. On-going presale! WitLink continues to present opportunities and that through the on-going Presale. With the Soft-Cap achieved, now it eyes th...

SeaPRwire

HSBC bosses try to quell banker anger over bonus cuts

elean
4 minutes

LONDON (BLOOMBERG) - HSBC Holdings' chief executive officer Noel Quinn and his top lieutenants were forced to defend bonus cuts to unhappy investment bankers and traders after a year marked by hectic dealmaking and volatile markets. On calls last week with staff at its global banking and markets division, Mr Quinn, along with the unit's co-heads, Georges Elhedery and Greg Guyett, had to justify why the pool had to be scaled back at the only division that saw revenue increase last year, according to people familiar with the situation. The executives told employees that the pandemic had eroded the bank's overall performance and, combined with the stark economic backdrop, meant it couldn't pay more, said the people, declining to be named detailing a private call. Even some bankers who gained top marks for their performance were told that their bonuses would be cut and that they shouldn't expect a pay increase, they said. A spokesman for HSBC declined to comment. European lenders have been made acutely aware of the consequences of attempting to pay large sums to traders and bankers against the backdrop of the worst economic conditions in decades. Deutsche Bank scaled back plans for its...