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Tianyun International (6836.HK) Awarded “Excellent Quality and Safety Management Enterprise” and “High-quality Development of Technologically Advanced” at the Municipal Level in 2022

indie
4 minutes

HONG KONG, Jun 1, 2022 - (ACN Newswire via SEAPRWire.com) - Tianyun International Holdings Limited ("Tianyun International", together with its subsidiaries, (the "Group") (Stock Code: 6836.HK), a leading seller and manufacturer of processed fruit products in the People's Republic of China ("PRC"), is pleased to announce that Shandong Tiantong Food Co., Ltd. ("Shandong Tiantong Food"), a wholly-owned subsidiary of the Group, was awarded the titles of "Excellent Quality and Safety Management Enterprise" jointly presented by Shandong Entry-Exit Inspection and Quarantine Association and other organizations. As the leader in technology research and development of the enterprise, Ms. Lv Chunxia, the Deputy General Manager of the Group, was appointed as a member of the "Food Expert Technical Committee of Shandong Entry-Exit Inspection and Quarantine Association" and a member of the "Standardization Committee of Shandong Entry-Exit Inspection and Quarantine Association". The Group is also honored to be re-elected as the "High-quality Development of Technologically Advanced" Small and Medium-sized Enterprises at the municipal level in 2022 announced by Linyi Municipal Bureau of Industry and...

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Samaiden Group Berhad’s 3Q Net Profit Gains 291% to RM4.19 Million

indie
3 minutes

PETALING JAYA, Malaysia, May 26, 2022 - (ACN Newswire via SEAPRWire.com) - Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants, today announced that Samaiden Group recorded a 385.03% increase in revenue to RM43.80 million for the third quarter ended 31 March 2022 (3Q FY2022) compared with RM9.03 million registered in the corresponding quarter of FY2021 (3Q FY2021).Ms. Chow Pui Hee, Group MD of SamaidenProfit before tax (PBT) for 3Q FY2022 increased by 257.68% to RM5.73 million compared with RM1.60 million achieved in 3Q FY2021, and profit after tax (PAT) registered an increase by 291.22% to RM4.19 million compared with RM1.07 million in 3Q FY2021.For the nine-month period ended 31 March 2022 (9M FY2022), Samaiden Group recorded a 243.07% increase in revenue to RM97.04 million compared with RM28.28 million in the corresponding period of FY2021 (9M FY2021) while PBT gained 103.38% to RM11.62 million compared with RM5.71 million in the corresponding period of the previous financial year.Samaiden Group's PAT gained 104.22% to RM8.51 million ...

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Straumann Malaysia, part of The Straumann Group, a Leading Implantology Company, Intends to Provide 3,000 Dental Implant Packages to the Ministry of Health Malaysia as part of MoU

indie
2 minutes

PUTRAJAYA, Malaysia, May 21, 2022 - (ACN Newswire via SEAPRWire.com) - Straumann Group Sdn. Bhd, the Malaysian subsidiary of Straumann Group, global leader in implantology and aesthetic-dentistry, (Straumann Malaysia) intends to provide 3,000 dental implant packages worth in excess of RM10 million, which will benefit the lower-income group (B40) and underprivileged Malaysians. This intention was communicated within the Memorandum of Understanding (MoU) announced by the Ministry of Health Malaysia (MOH).Mr. Guillaume Daniellot, CEO of Straumann Group; Yang Berhormat Tuan Khairy Jamaluddin, Minister of Health Malaysia [L-R]The discussion of the MoU was led by Malaysia's Minister of Health, Yang Berhormat Tuan Khairy Jamaluddin and the Straumann Group's Chief Executive Officer, Guillaume Daniellot.Straumann Group's Chief Executive Officer, Guillaume Daniellot said, "This is a significant milestone for the Straumann Group, and we appreciate MOH's willingness to collaborate with us. Oral, especially dental health is critical to everyone's wellbeing, and we believe that everyone has the right to quality medical treatments, especially holistic and ethical dental treatments. This Programme...

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BDO announces winners of the BDO ESG Awards 2022

indie
7 minutes

HONG KONG, May 19, 2022 - (ACN Newswire via SEAPRWire.com) - BDO, the world's fifth largest accountancy network, today announced and honoured the winners of the fourth BDO ESG Awards (the "Awards"). This competition is widely supported by listed enterprises and this year's winners were selected from a pool of 90 nominations, all of which showcased excellence in ESG reporting and disclosure. The awardees were chosen by a prestigious and professional panel of judges in recognition of the outstanding sustainability initiatives they have implemented. Due to the COVID-19 pandemic, this year's BDO ESG Awards Presentation Ceremony was held online, with stakeholders and the general public invited to witness the efforts and achievements of the winning companies in relation to ESG reporting over the past year.The virtual BDO ESG Awards ceremony 2022 is held to pay tribute to businesses with strong ESG commitment and outstanding ESG efforts.Clement Chan, Managing Director of Assurance, BDO in Hong Kong (left) and Johnson Kong, Managing Director of Non-Assurance, BDO in Hong Kong (right).Ricky Cheng, Director and Head of Risk Advisory, BDO in Hong Kong.In response to rapid global warming, comp...

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Q&M Dental net profit, excluding other gains or losses, increased by 25% to S$7.2 million on S$46.8 million of revenue for quarter ended 31 March 2022

indie
6 minutes

SINGAPORE, May 12, 2022 - (ACN Newswire via SEAPRWire.com) - Q&M Dental Group (Singapore) Limited, a leading private dental healthcare group in Asia, reported net profit excluding other gains or losses attributable to shareholders of S$7.2 million for the quarter ended 31 March 2022 (1Q2022) compared to S$5.8 million in the corresponding period (1Q2021).Dr Ng Chin Siau, Chief Executive Officer of Q&M Dental said, "We are heartened by our continuous strong performance in 1Q2022 following a record-setting year FY2021. Our core dental business will remain strong, and with the abolishing of most of the pandemic restrictions, a positive impact on the economy, we are looking forward to resuming our growth trajectory of expanding our network of clinics in the coming quarters."Growth & Expansion in OperationsAs at 31 March 2022, the Group's number of dental outlets in Singapore has grown to 99, from 85 as at 31 March 2021. Similarly in Malaysia, the number of dental outlets has increased to 41, as compared to 36 previously.The Group also continues to focus on its expansion into medical diagnostics, with its associated Company, Aoxin Q&M Dental Group Limited and through its ...

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AFMG appoints Mr. Wilfried Porth as a non-executive director

indie
2 minutes

HONG KONG, Apr 26, 2022 - (ACN Newswire via SEAPRWire.com) - Apollo Future Mobility Group Limited ("AFMG", the "Company", HKEX stock code: 860, together with subsidiaries, the "Group") announces the appointment of Mr. Wilfried Porth, who had been a member of the Board of Management of Daimler AG ("Mercedes-Benz") from 2009 to 2021, as a non-executive director with effect from 1 May 2022. Having served in various positions and different markets in the automotive industry for over 36 years, Mr. Porth will bring to the Group invaluable experience and industry insights.Mr. Porth has extensive international management experience in Europe, Asia, the Americas and Africa, with wide-ranging functional expertise in production, research and development, sales and human resources. During his celebrated career at Mercedes-Benz, Mr. Porth held numerous senior executive positions, which include serving as Head of Mercedes-Benz Vans, Executive Vice President of Mercedes-Benz Transporter, and Chief Executive Officer of Mitsubishi Fuso Truck & Bus Corporation. Mr. Porth has also been a member of the boards of various corporations, organizations and foundations. Mr. Porth obtained a Diplom-Ingen...

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Janco 2021 Audited Annual Results: Profit Attributable to Shareholders Surges by 54.5% to HK$17.3 million

indie
4 minutes

HONG KONG, Apr 25, 2022 - (ACN Newswire via SEAPRWire.com) - Janco Holdings Limited ("Janco" or the "Group"; Stock Code: 8035), a one-stop freight forwarding and logistics service provider founded and based in Hong Kong with a strategic focus on Asia, announced its 2021 audited annual results for the year ended 31 December 2021 ("Year under Review").During the Year under Review, the Group's total revenue amounted to approximately HK$569.0 million, representing a year-on-year increase of 16.7%. Profit attributable to shareholders of the Group amounted to HK$17.3 million, a 54.5% surge relative to the same period last year. Gross profit increased by 18.5% to approximately HK$76.7 million for the year. Due to a rebound of the shipment volume to normal after a significant drop due to COVID-19 during the previous year, revenue from ocean freight forwarding services increased by approximately HK$34.3 million. As for e-commerce fulfillment services, its revenue increased by approximately HK$77.4 million, mainly attributable to an increase in orders from both new and existing customers during the year. However, the revenue growth was partially offset by the revenue decline of air freight f...

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ACROMETA clinches record $31 million contract for semiconductor industry

indie
4 minutes

SINGAPORE, Apr 22, 2022 - (ACN Newswire via SEAPRWire.com) - Catalist-listed AcroMeta Group Limited (ACROMETA; SGX: 43F), today announced that its wholly owned subsidiary AcroMec Engineers Pte Ltd (ACROMEC) has won a $31 million contract for the fit-out of an additional floor within the existing integrated advanced manufacturing facility in Singapore of a leading high-tech customer. When completed in 2023, the expansion will substantially increase its manufacturing capacity. ACROMEC's specialties in controlled environment engineeringThe ability to succinctly and precisely control physical variables such as temperature, air purity, humidity, and pressure in facility, like the product manufacturing space is a mission critical requirement. ACROMEC is ready to take on this project with the requisite track record, having completed numerous projects in clean rooms, laboratories and advanced manufacturing facilities.Completion of previously announced project for Nasdaq-listed Genscript Biotech's Singapore R&D and manufacturing facilityACROMEC'S strong track record is also seen having, earlier on, successfully completed the prestigious contract for the design and construction of Genscr...

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Fujitsu, Dentsu and ISID embark on strategic cooperation to contribute to sustainable business growth for customers and resolve environmental and social issues

ruth
6 minutes

TOKYO, Apr 22, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu, Dentsu Inc. (subsidiary of Dentsu Group Inc., hereinafter Dentsu), and Information Services International - Dentsu, Ltd. (subsidiary of Dentsu Group Inc., hereinafter ISID) today announced their strategic partnership starting April 15, 2022 toward the realization of a customer-oriented transformation along three value chains: "demand chain," "supply chain," and "engineering chain." Through their cooperation, the companies aim to contribute to the continued business growth of client companies and resolve environmental and social issues to achieve carbon neutrality.Image of the collaborationAs part of their partnership, the parties aim to support efficient coordination between the three aforementioned value chains of their customers by leveraging Fujitsu's know-how in supply chain management related business systems and various supply chain optimization technologies, Dentsu's strengths in customer insights and planning and production capabilities in demand chains, and ISID's extensive experience and knowledge in engineering chains.The companies aim to implement a system that helps their customers to immediately respond...

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Kitchen Culture’s business transformation at risk – funds raised not accounted for

indie
6 minutes

SINGAPORE, Apr 21, 2022 - (ACN Newswire via SEAPRWire.com) - As the single largest shareholder of Kitchen Culture Holdings Ltd. ("Kitchen Culture") with a 21.19% stake, OOWAY Group Ltd. ("OOWAY Group" or the "Group") shares the frustration of many shareholders who raised concerns over matters of internal controls and governance ahead of Kitchen Culture's recent Annual General Meeting held on 18 March 2022. We are deeply disappointed by the findings of Baker Tilly Consulting (Singapore) Pte. Ltd.'s ("BTC") latest report which confirm our worst fears regarding the shocking matters of concern which were first revealed in June 2021 after Kitchen Culture's Audit Committee engaged BTC to review its internal controls.In August 2020, Kitchen Culture entered into a sale and purchase agreement and a shareholder's agreement with OOWAY Group to acquire a 30% equity stake in OOWAY Technology Pte. Ltd. ("OOWAY Technology") at a purchase consideration of S$23.92 million (the "Purchase Consideration") to be satisfied by way of the allotment and issue of 90,000,000 new ordinary shares in the capital of Kitchen Culture at an issue price of S$0.2658 per ordinary share ("Acquisition").Mr Liu Yanlong, ...

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Singapore-based FinTechs, TechCreate and Diginius, to Merge and Combine Together into an Integrated Fintech Enterprise, TechCreate Group; Focus on Powering the Future of Payments in Asia

indie
4 minutes

Singapore, Apr 19, 2022 - (ACN Newswire via SEAPRWire.com) - TechCreate Solutions Private Limited ("TechCreate"), a Singapore-based technology services group specialising in innovative digital payment and digitalisation solutions, and Diginius Pte. Ltd. ("Diginius"), a provider for IT security and infrastructure solutions, are pleased to announce a merger between both companies via a share swap transaction that will value the enlarged fintech enterprise, TechCreate Group, at USD$30 million, based on a valuation that was recently completed by one of the Big 4 accounting firms.From left: Mr Lim Heng Hai, (Group CEO of TechCreate Group) and Mr Ronald Vong, (Managing Partner of TechCreate Group)As a trusted leader in digital solutions, TechCreate has been at the forefront of technology innovation and since its establishment, it has developed its own proprietary Real-Time Payment Engine (RTE) that can further enhance the payment capabilities of financial and banking institutions. Leveraging its technological expertise, legal experience and extensive operational track record, TechCreate has successfully enabled end-to-end digital solutions (such as payment gateways, API gateways and bloc...

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Society Pass (SoPa) spins off Leflair to create Leflair Group (LFG), appoints New CEO

indie
5 minutes

SINGAPORE, Apr 15, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Inc (SoPa) (NASDAQ: SOPA), a leading Southeast Asian loyalty and ecommerce ecosystem, today announced completion of restructuring Leflair's Vietnam operations, spinning-off Leflair Group (LFG) as an integrated lifestyle retail ecosystem in Southeast Asia's US$100B+ retail market. SoPa has also appointed Loic Gautier as the Chief Executive Officer of LFG. Ngo Thi Cham, Vietnam Country Head of SoPa and current Managing Director of Leflair, will become LFG's Chief Operating Officer and work alongside Loic in driving the business through to the next stage.As a result of this corporate restructuring, the Leflair Group is set to become Southeast Asia's next lifestyle retail super distributor nexus, evolving from a single discounted platform to a lifestyle retail ecosystem, providing shoppers with an integrated and unique shopping experience from online to offline. LFG will continue to pursue company acquisitions in the e-commerce, lifestyle retail and online advertising verticals.Ray Liang, CFO of SoPa Group, commented, "After the IPO of SoPa last year, we have been working on a new strategy for Leflair, in order t...

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Society Pass (SoPa) spins off Leflair to create Leflair Group (LFG), appoints New Group CEO

indie
5 minutes

SINGAPORE, Apr 15, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Inc (SoPa) (NASDAQ: SOPA), a leading Southeast Asian loyalty and ecommerce ecosystem, today announced completion of restructuring Leflair's Vietnam operations, spinning-off Leflair Group (LFG) as an integrated lifestyle retail ecosystem in Southeast Asia's US$100B+ retail market. SoPa also appointed Loic Gautier as the Chief Executive Officer of LFG. Ngo Thi Cham, Vietnam Country Head of SoPa and current Managing Director of Leflair, will become LFG's Chief Operating Officer and work alongside Loic in driving the business through to the next stage.As a result of this corporate restructuring, the Leflair Group is set to become Southeast Asia's next lifestyle retail super distributor nexus, evolving from a single discounted platform to a lifestyle retail ecosystem, providing shoppers with an integrated and unique shopping experience from online to offline. LFG will continue to pursue company acquisitions in the e-commerce, lifestyle retail and online advertising verticals.Ray Liang, CFO of SoPa Group, commented, "After the IPO of SoPa last year, we have been working on a new strategy for Leflair, in order to ma...

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Society Pass spins off Leflair into Leflair Group, appoints new Group CEO

indie
5 minutes

SINGAPORE, Apr 15, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Inc (SoPa) (NASDAQ: SOPA), a leading Southeast Asian loyalty and ecommerce ecosystem, today announced completion of restructuring Leflair's Vietnam operations and a spin-off into Leflair Group (LFGroup). SoPa has also appointed Loic Gautier as Chief Executive Officer of the new LFGroup. Ngo Thi Cham, Vietnam Country Head of SoPa and current Managing Director of Leflair, will become LFGroup's Chief Operating Officer and work alongside Loic in driving the business through the next stage.As a result of this corporate restructuring, the Leflair Group is set to become Southeast Asia's next lifestyle retail super distributor nexus, evolving from a single discounted platform to a lifestyle retail ecosystem, providing shoppers with an integrated and unique shopping experience from online to offline. The Leflair Group will continue to pursue acquisition of companies in the e-commerce, lifestyle retail and online advertising verticals.Ray Liang, CFO of SoPa Group, commented, "After the IPO of SoPa last year, we have been working on a new strategy for Leflair, in order to maximize its potential as a destination for life...

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Society Pass spins-off Leflair into Leflair Group, appoints Group CEO; to become next Super Distributor Nexus in SEA’s Lifestyle Retail Ecosystem

indie
5 minutes

SINGAPORE, Apr 15, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Inc (SoPa) (NASDAQ: SOPA), a leading Southeast Asian loyalty and ecommerce ecosystem, today announced the completion of restructuring Leflair's Vietnam operations with the spin-off of Leflair Group (LFGroup). Along with this restructuring, SoPa has appointed Loic Gautier as Chief Executive Officer of the new Leflair Group. Ngo Thi Cham, Vietnam Country Head of SoPa and current Managing Director of Leflair, will become the Leflair Group's Chief Operating Officer and work alongside Loic in driving the business towards its next stage of growth. As a result of this corporate restructuring, the Leflair Group is set to become Southeast Asia's next lifestyle retail super distributor nexus, evolving from a single discounted platform to a lifestyle retail ecosystem, providing shoppers with an integrated and unique shopping experience from online to offline. The Leflair Group will continue to pursue acquisition of companies in the e-commerce, lifestyle retail and online advertising verticals.Ray Liang, CFO of SoPa Group, commented, "After the IPO of SoPa last year, we have been working on a new strategy for Leflair, in...

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Society Pass spins-off Leflair as Leflair Group and appoints Group CEO; becoming a Super Distributor Nexus in SEA’s Lifestyle Retail Ecosystem

indie
5 minutes

SINGAPORE, Apr 15, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Inc (SoPa) (NASDAQ: SOPA), a leading Southeast Asian loyalty and ecommerce ecosystem, today announced the completion of restructuring Leflair's Vietnam operations with the spin-off of Leflair Group. Along with this restructuring, SoPa has appointed Loic Gautier as Chief Executive Officer of the new Leflair Group. Ngo Thi Cham, Vietnam Country Head of SoPa and current Managing Director of Leflair, will become the Leflair Group's Chief Operating Officer and work alongside Loic in driving the business towards its next stage of growth. As a result of this corporate restructuring, the Leflair Group is set to become Southeast Asia's next lifestyle retail super distributor nexus, evolving from a single discounted platform to a lifestyle retail ecosystem, providing shoppers with an integrated and unique shopping experience from online to offline. The Leflair Group will continue to pursue acquisition of companies in the e-commerce, lifestyle retail and online advertising verticals.Ray Liang, CFO of SoPa Group, commented, "After the IPO of SoPa last year, we have been working on a new strategy for Leflair, in order to ...

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AEON Credit (00900) FY2021 Profit Up by 13.6% to HK$342.6 Million

indie
4 minutes

HONG KONG, Apr 6, 2022 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; Stock Code: 00900) today announced its annual results for the year ended 28 February 2022 ("FY2021"). For FY2021, the Group's revenue reached HK$1,049.6 million (FY2020: HK$1,089.9 million) and profit increased by 13.6% year-on-year to HK$342.6 million. Earnings per share increased to 81.81 HK cents (FY2020: 72.02 HK cents). The Board has recommended a final dividend of 22.0 HK cents per share, bringing the total dividend for the year to 44.0 HK cents per share, representing a dividend payout ratio of 53.8%.The profit growth was owed to the Group's efforts in building a quality credit portfolio with improved credit assessment techniques and enhancing debt management capabilities, which led to a significant 55.4% drop in impairment losses and impairment allowances to HK$94.1 million. With an increase in credit card sales and launch of the Off-us Acquiring Service for AEON Stores, the Group recorded an overall increase in fees and commissions of HK$26.4 million to HK$103.4 million for the year, which also contributed to the profit growth. To overcome h...

SeaPRwire
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HG Semiconductor Announces 2021 Annual Results

pandora
8 minutes

Building up its Core Capabilities in GaN to Lay an All-round Strategic Layout for Business TransformationStriving to Become a Leading Supplier of Third-generation GaN Semiconductors in Greater China HONG KONG, Mar 31, 2022 – (ACN Newswire) – HG Semiconductor Limited (“HG Semiconductor”, together with its subsidiaries, “the Group”; stock code: 6908.HK) is pleased to announce its audited consolidated results for the year ended 31 December 2021 (the “Year”). While operating its light-emitting diode (LED) bead business, the Group is working hard to explore diversification opportunities. Recognising the strong potential of third-generation semiconductor gallium nitride (GaN) and its vast number of applications, the Group officially entered the third-generation semiconductor industry during the Year. Leveraging its industry expertise in LED manufacturing, the Group expanded its business to third-generation semiconductor and system application design and manufacturing activities. In line with its business development strategies, the Group has changed its company name to “HG Semiconductor Limited” since October 2021. HG Semiconductor is committed to strategically allocating resources for t...

SeaPRwire
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Axis Technologies Group Announces Intention to File Registration Statement for Public Offering of Common Stock

pandora
3 minutes

LOS ANGELES, CA, Mar 31, 2022 – (ACN Newswire) – Axis Technologies Group, Inc. (OTCMARKETS: AXTG) today announced that it intends to file a registration statement with the Securities and Exchange Commission in late April 2022 for a proposed underwritten public offering of common stock. The proposed offering is expected to be predominantly from existing shareholders and be approximately $10 million. The offering is subject to market and other conditions, including the effectiveness of the registration statement to be filed under the Securities Act of 1933, as amended (the “Securities Act”). This announcement is being made pursuant to and in accordance with Rule 135 under the Securities Act. As required by Rule 135, this press release does not constitute an offer to sell or the solicitation of an offer to buy securities, and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of that jurisdiction. About Axis Technologies Group Inc. Axis Technologies Group Inc. is a holding company that focuses on the acquisition, alignment, and growth of dis...