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Abraclean Launches Singapore’s First Recycled Glass Abrasive Plant

indie
2 minutes

Singapore, Feb 6, 2023 - (ACN Newswire via SEAPRWire.com) - Minister for Sustainability and the Environment, Ms Grace Fu, inaugurated ABRABLAST Singapore's first recycled glass abrasive manufacturing plant in Abraclean (Asia Pacific) Pte Ltd at 46 Pioneer Sector 2, Singapore 628396. Present for the launch were Gurmit Singh, Chairman- Abraclean and Colonel (Ret) Lau Kee Siong- Director.From (L) Xiang Xiang, MD-Abraclean Asia Pacific Pvt LTd, Gurmit Singh, Chairman, Abrablast, Minister Grace Fu and KS Lau, Director, Abraclean at the launch of AbrablastABRABLAST is a proprietary and a registered trademark in Singapore. Abraclean holds a General Waste Disposal Facility licence issued by the National Environment Agency (NEA), to receive, store, process or treat glass waste. The facility is licensed with a design capacity of 50 tonnes per day. We are a "Social Enterprise" moving towards building a Circular Economy.Gurmit Singh, Chairman, Abraclean quips, "Sustainability is not just a vertical but also a horizontal layer that cuts across various industries. We are supporting Singapore's circular economy to ensure we recycle the glass and put it to use without harming Gaia (earth). We advo...

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ACROMETA Group Appoints Veteran Investor Mr. Levin Lee as Executive Chairman

indie
4 minutes

SINGAPORE, Feb 1, 2023 - (ACN Newswire via SEAPRWire.com) - ACROMETA Group Limited [SGX: 1CH1] today announced that with effect from 30 January 2023, it has appointed Mr Levin Lee Keng Weng as Executive Chairman and Director of the Board. Mr Lee brings with him a wealth of experience in business and an enviable track record in investing.On the appointment of Levin as Executive Chairman, ACROMETA Chief Executive Officer and Executive Director Mr Lim Say Chin said, "Levin's experience, business network and financial resources will be beneficial to ACROMETA as we advance to capture growth opportunities in our controlled environments engineering business. He has an enviable track record in helping companies strategize to be future-ready and bring about optimization of their market valuation."Mr Levin Lee said, "SMEs in Singapore with good potential are often neglected by investors who do not understand their business. As a result, such small caps are often overlooked and thus hampered in their operations through a lack of financial resources and a good business strategy. My role is not only to help ACROMETA in its business strategy and financials, but also to let the investing public u...

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Minetech Awarded RM36.71 Million Mini-Hydro Project

indie
4 minutes

KUALA LUMPUR, Jan 11, 2023 - (ACN Newswire via SEAPRWire.com) - Minetech Resources Berhad, a civil engineering specialist and bituminous products manufacturer today announced that the Company's wholly-owned subsidiary, Techmile Resources Sdn Bhd (TRSB), has accepted a letter of award (LOA) from Tesdec Hydropower Sdn Bhd for the engineering, procurement, construction and commissioning (EPCC) of a 3MW mini-hydro power plant at Sungai Pelagat, Besut, Terengganu valued at RM36.71 million.The project, which is expected to commence in January 2023, followed by construction in 2025, is expected to be completed by May 2027, comes under the Sustainable Energy Development Authority's (SEDA) feed-in-tariff (FiT) programme in which businesses or individuals that hold SEDA's feed-in approval certificate can sell RE at the FiT rate to distribution licensees such as Tenaga Nasional Berhad.TRSB provides EPCC as well as maintenance, repair and overhaul (MRO) services for the energy industry. Tesdec Hydropower is a sub-subsidiary of Tesdec Berhad through its subsidiary, Tesdec Services Sdn Bhd. Tesdec is wholly-owned by the Terengganu government while Tesdec Hydropower is principally involved in ren...

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Shares of Major Global Medical Device Manufacturer OrbusNeich Medical Group Commence Trading on the Main Board of The Stock Exchange of Hong Kong

indie
2 minutes

HONG KONG, Dec 23, 2022 - (ACN Newswire via SEAPRWire.com) - Shares of OrbusNeich Medical Group Holdings Limited ("OrbusNeich" or the "Group"), a major global medical device manufacturer specialized in interventional instruments for percutaneous coronary intervention (PCI) and percutaneous transluminal angioplasty (PTA) procedures, today commenced trading on the Main Board of The Stock Exchange of Hong Kong Limited ("HKEX"), under the stock code 6929. Mr. Teddy Chien, Chairman Emeritus and Founder (right) and Mr. David Chien, Chairman, Executive Director, Chief Executive Officer (left), together strike the ceremonial gong, marking the Group's listing on the Main Board of HKEXMr. David Chien, Chairman, Executive Director, Chief Executive Officer (right) presents a souvenir to HKEXOrbusNeich makes a generous donation of HK$3,000,000 to HKEX Foundation to secure the auspicious stock code number "6929". Mr. David Chien, Chairman, Executive Director, Chief Executive Officer (right) presents the cheque to HKEX(From left to right): John Chow,Executive Director and Head of Business Development; Jason Chen, Executive Director, Chief Financial Officer and Company Secretary; Gloria Tam, Indep...

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HKTDC Chairman in the UK to promote new opportunities through Hong Kong

indie
4 minutes

HONG KONG, Oct 27, 2022 - (ACN Newswire via SEAPRWire.com) - With many UK businesses looking for new areas of growth, Hong Kong's role as a global financial hub and innovation centre is seen as an ideal platform to help them expand, according to Dr Peter KN Lam, Chairman of the Hong Kong Trade Development Council (HKTDC) who is speaking from his UK visit as the Council's latest initiative to promote business opportunities around the globe.HKTDC Chairman Dr Peter KN Lam (2nd L) and Executive Director Margaret Fong (far L) were earlier in London to promote Hong Kong's strength. The picture shows the meeting with Lord Stephen Green of Hurstpierpoint, Chairman, Asia House (2nd R)As Hong Kong continues to welcome more international travellers in the coming months with major events and attractions, Dr Lam and Margaret Fong, Executive Director of HKTDC, have been travelling to some key international markets to update overseas businesses on how Hong Kong can help.Following a visit to Japan in early October, they are currently in the UK to promote new prospects for UK companies and to discuss how they can use Hong Kong as a springboard. Earlier this week, they met with a range of institutio...

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SCIB Announces Changes at Board Level

indie
2 minutes

KUCHING, MALAYSIA, Oct 25, 2022 - (ACN Newswire via SEAPRWire.com) - Civil engineering specialist Sarawak Consolidated Industries Berhad (Bursa: SCIB, 9237) today announced Encik Shamsul Anuar bin Ahamad Ibrahim be redesignated as Independent Non-Executive Chairman with immediate effect.Encik Shamsul Anuar bin Ahamad Ibrahim, SCIB's new Independent Non-Executive ChairmanEncik Shamsul Anuar said, "I am delighted on the redesignation and I look forward to working even more closely with the team in our journey to transform SCIB to a better, stronger and more sustainable business through our expansion to Peninsular Malaysia and more recently, our exploration into projects in neighbouring Kalimantan, Indonesia.""We welcome Encik Shamsul Anuar as our new Chairman and look forward to working with him to grow SCIB. His experience in state-owned enterprises will be invaluable to us," Group Managing Director and Chief Executive Officer of SCIB, Encik Rosland bin Othman, said.Encik Shamsul Anuar, a fellow of the Association of Chartered Certified Accountants and member of the Malaysian Institute of Accountants, was first appointed to the board of the Company on 1 September 2015. He is a membe...

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ONERHT Foundation raises funds for disadvantaged groups in Gentle Bones Charity Concert

indie
4 minutes

SINGAPORE, Jul 26, 2022 - (ACN Newswire via SEAPRWire.com) - Local singer-songwriter Gentle Bones returned to the stage for a good cause in collaboration with ONERHT Foundation Ltd (formerly known as RHT Rajan Menon Foundation Ltd) ("Foundation"), the corporate social responsibility vehicle of RHTLaw Asia LLP and the RHT Group of Companies (collectively, "ONERHT").L-R: Mr Tan Chong Huat and ONERHT Foundation Chairman Ms Kaylee Kwok during the handoverJoining him on stage for his last ever concert in Singapore were guest artistes Tay Kewei, Charlie Lim, Linying and Benjamin Kheng who thrilled spectators at the Sands Theatre, Marina Bay Sands. In a surprise appearance, JJ Lin who was among the spectators also joined in the performance.Gentle Bones said, "It's been a great journey since I started my 'Gentle Bones' YouTube channel for acoustic covers back in 2010, and I couldn't have asked for more in my last ever concert in Singapore. By the end of the year, Gentle Bones will no longer be performing or participating in any activities locally, and I'll be officially retiring Gentle Bones in Singapore."The concert was also attended by Guest of Honour Minister for Culture Community and Y...

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Malaysian Genomics Appoints New Chairman

indie
2 minutes

PETALING JAYA, Malaysia, Jul 15, 2022 - (ACN Newswire via SEAPRWire.com) - Malaysian Genomics Resource Centre Berhad (Bursa: MGRC, 0155), a leading genomics and biopharmaceutical specialist, announced today that the Company has appointed Dato' Seri Dr Chen Chaw Min as the Independent Non-Executive Chairman of the Board of Directors.Dato' Seri Dr Chen Chaw Min, Independent Non-Executive Chairman of Malaysian GenomicsDato' Alvin Joseph, Executive Director of Malaysian GenomicsThe appointment is effective 15 July 2022, following the resignation of Tan Sri Ahmad bin Mohd Don on 12 July 2022.Dato' Seri Dr Chen, who was appointed to the Board on 3 August 2021, was with the Malaysian civil service from 1988 until his retirement in February 2021. He was the Secretary-General of the Ministry of Health (MOH) from July 2015 until his retirement and has also served in various capacities in the Ministry of Finance (MOF) from 1990 until 2014.Dato' Seri Dr. Chen said, "I feel privileged to take on this role at such an exciting time for Malaysian Genomics. The Group is currently expanding downstream to healthcare services and pioneering holistic care which will benefit many for the years to come, ...

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15th Asian Financial Forum opens

indie
10 minutes

HONG KONG, Jan 10, 2022 - (ACN Newswire via SEAPRWire.com) - Organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the Hong Kong Trade Development Council (HKTDC), the 15th Asian Financial Forum (AFF) opened today as an online-only event. AFF 2022 is a highlight event celebrating the 25th anniversary of the HKSAR. The two-day forum features 60 sessions including keynote speeches and in-depth discussions along with an array of activities such as exhibitions and the AFF Deal Flow Matchmaking Session. All activities at AFF 2022 will be streamed live on the event's virtual platform.Carrie Lam, Chief Executive of the HKSAR, delivered remarks at the opening ceremony of the 15th Asian Financial ForumMark Carney (R), United Nations Special Envoy on Climate Action and Finance, shared his insights on how to build a sustainable financial system. Mr Carney was introduced by Ronnie Chan, Chair, Hang Lung Properties Limited (L)Jean-Claude Trichet, Former President of the European Central BankUnder the theme "Navigating the Next Normal towards a Sustainable Future", more than 170 global business leaders, policymakers, financial and wealth management experts, entre...

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G3 Global appoints former MOE sec-gen as its new chairman

indie
3 minutes

KUALA LUMPUR, Jan 4, 2022 - (ACN Newswire via SEAPRWire.com) - G3 Global Berhad ("G3 Global") has appointed Malaysian civil service veteran Dato' Sri Alias bin Ahmad as Independent Non-Executive Director and Chairman with effect from January 4.Dato' Sri Alias bin AhmadA filing with Bursa Malaysia showed that he succeeds Datuk Wan Khalik Bin Wan Muhammad as Director of the Company and Executive Chairman of the Board, who has resigned today.Dato' Sri Alias, who served as the secretary-general of the Ministry of Education (MOE) before retiring on 22 May 2018, looks forward to working closely with fellow board members and the management of G3 Global. He seeks to provide the experience and insights that he has gathered after serving the Malaysian government in various capacities and departments.Aged 63, Dato' Sri Alias holds a bachelor's degree in the study of Arts and Social Sciences and a master's in Strategic and Defence Studies from University Malaya. Besides that, he holds various diplomas and certificates from other institutions including the University of Oxford, United Kingdom.He served 34 years in the Malaysian civil service and has held many posts of importance in the governme...

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CEKD Berhad Debuts on ACE Market at 12 sen premium, 25% above IPO price

indie
3 minutes

KUALA LUMPUR, Sep 29, 2021 - (ACN Newswire via SEAPRWire.com) - CEKD BERHAD ("CEKD"; KLSE stock code: 0238), a die-cutting solutions provider as well as manufacturer of die-cutting moulds and trader of related consumables, tools and accessories successfully listed on the ACE Market of Bursa Malaysia Securities Berhad (Bursa Securities) today.Gary Ting, Head of Corporate Finance, M&A Securities Sdn Bhd; Chong Chin Look, Independent Non-Executive Director, CEKD; Datuk Mak Foo Wei, Independent Non-Executive Director, CEKD; Dato' Zulkifli Bin Adnan, Independent Non-Executive Chairman, CEKD; Yap Kai Ning, Managing Director, CEKD; Yap Kai Min, Chief Operation Officer, CEKD; Yap Tian Tion, Deputy Executive Chairman, CEKD; Datuk Bill Tan, Managing Director of Corporate Finance, M&A Securities Sdn Bhd [L-R]CEKD opened at 60 sen, which is a 12 sen premium or 25% higher than its initial public offering (IPO) price of 48 sen per share, with the first traded volume recorded at 6,286,100 shares."We are extremely pleased with today's listing debut on the ACE Market and are humbled by the reception to our IPO from the investing public. We are a leading provider of die-cutting mould solutio...

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Central Global Berhad Seeks Strategic Partnerships for Construction Projects

indie
2 minutes

KUALA LUMPUR, Jun 22, 2021 - (ACN Newswire via SEAPRWire.com) - Main Market-listed Central Global Berhad's ("Central Global") shareholders have passed all the resolutions at the Group's AGM for the financial year ended 31 December 2021 held virtually today.CGB executive chairman Dato' Faisal ZelmanCentral Global shareholders passed resolutions to re-elect executive chairman Dato' Faisal Zelman, executive director Mr. Tobby Tan and independent director Mr. Lee King Loon to the board of directors. All three were appointed to the board on 26 February 2021. Shareholders also passed the resolution to appoint Baker Tilly Monteiro Heng PLT as the Group's auditors in place of the retiring auditors, KPMG PLT.Central Global executive chairman Dato' Faisal Zelman said: "We are pleased that the virtual AGM went smoothly without any technical hiccups. We fielded questions from shareholders on the Group's outlook and prospects as well as our ongoing plans to expand the manufacturing and construction businesses.""We shared at the AGM that the board is seeking opportunities for the construction arm through strategic partnerships as we believe that the landscape for the construction business is cha...

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HKIoD Releases Revised Guide for INEDs

indie
5 minutes

HONG KONG, Apr 7, 2021 - (ACN Newswire via SEAPRWire.com) - Amidst the economic decline for many sectors under the Covid-19 impact, the financial sector is faring with vibrancy. Witness the IPO line-up on HKEX and the financial trading activities. The investing public continues to place stake on listed issuers' performance, which comes with the expectation on corporate governance led by boards of directors. An important board role under public scrutiny is that of the independent non-executive director ("INED"). To provide up-to-date practice guidance, The Hong Kong Institute of Directors ("HKIoD") releases a complete revision of one of its flagship publications, Guide for Independent Non-Executive Directors ("the Guide").Drawing increasing attention from the public and in particular from regulators and stakeholders, the role of INED when performed well adds value to the board. Author of the Guide, Dr Carlye Tsui Wai-ling, CEO of HKIoD, highlights the implication, "Taking up an appointment as an INED carries with it an honour in trust bestowed, a commitment to service and acceptance of expectation in professionalism." The Guide aims to provide practice notes and advisory tips in con...

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Richard Yuan, Chairman of Australia China Entrepreneurs Club, discusses RCEP and Global Trade

indie
5 minutes

SYDNEY, Jan 14, 2021 - (ACN Newswire) - Richard Yuan, chairman of Australia China Entrepreneurs Club, discussed RCEP and its impact on global trade in a recent interview. The Regional Comprehensive Economic Partnership (RCEP), probably the largest free trade agreement in history, was signed on 15 November 2020 by 15 countries - members of the Association of Southeast Asian Nations (ASEAN) and five regional partner countries.RCEP can connect approximately 30% of the world's population and development and generate substantial income in the right political context. And, it can raise world income by US$209 billion and global trade by US$500 billion annually by 2030 according to Richard Yuan, a Chinese national living and working in Australia who is Chairman of the Australia China Entrepreneurs Club and International Ambassador of the SME Association of Australia.People can estimate that the total losses in the trade war between the US and China are covered, not for China or the United States, by the RCEP and CPTPP together. The new agreements will make north and south-east Asia's economies more efficient by joining the forces in technology, production, agriculture and natural resources...

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Goh Jin Hian quits as New Silkroutes chairman amid probe

elean
2 minutes

New Silkroutes Group chairman Goh Jin Hian and finance director William Teo Thiam Chuan have quit amid Commercial Affairs Department (CAD) investigations. Dr Goh quit "to devote more time to his personal affairs", while Mr Tan stepped down "to focus on personal matters and to pursue other interests", the healthcare firm said late on Thursday night. Earlier that morning, New Silkroutes announced that its auditor Deloitte & Touche had issued a disclaimer of opinion on the financial statements of the group for the financial year ended June 30. On Sept 30, the company disclosed that Dr Goh, the son of former Singapore prime minister Goh Chok Tong, and Mr Tan were being investigated by the CAD over a possible offence under the Securities and Futures Act. New Silkroutes said then that it understood that the alleged offence was false trading and market rigging to do with past share buy-backs and share acquisitions. Dr Goh is also being sued by the judicial managers of an unrelated firm - oil trader Inter-Pacific Petroleum - over US$156 million (S$212 million) in losses it sustained due to his alleged breach of duties when he was its director. His resignation as New Silkroutes non-independ...