Looking Toward Strengthening our Existing Businesses and Creating of New, Highly Profitable Businesses Restructuring Hitachi High-Tech Fine Systems
TOKYO, Feb 2, 2022 - (JCN Newswire via SEAPRWire.com) - Hitachi High-Tech Corporation ("Hitachi High-Tech") today announced the restructuring of Hitachi High-Tech Fine Systems Corporation ("HFS") on April 1, 2022, as part of Hitachi High-Tech's key initiatives for our 2024 Mid-Term Management Plan. Hitachi High-Tech aims to create new businesses that will be a key part of our future, in tandem with the plans to further expand the growth and profitability of our existing businesses.Through corporate divestiture, HFS will transfer its railroad inspection, HD/FPD(1) and laboratory solutions businesses to Hitachi High-Tech Solutions Corporation ("HSL") and transfer its manufacturing functions to Hitachi High-Tech Manufacturing & Service Co., Ltd. ("HMS"). Furthermore, the prototyping, development, and other functions of HFS will be transferred to Hitachi High-Tech through an absorption-type merger, with HFS as absorbed company and Hitachi High-Tech as the surviving company.Business Restructuring GoalsThe environment surrounding society is changing every day with developments in digitization and the acceleration of innovations in technology. In order to respond swiftly to the changi...
Mitsubishi Shipbuilding Establishes New Specialized Organization for Marine Decarbonization
TOKYO, Feb 1, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Shipbuilding Co., Ltd., a part of Mitsubishi Heavy Industries (MHI) Group, today established Marine Decarbonation Business Development Group responding to the energy transition strategy promoted by MHI Group. This new organization, by consolidating a range of functions, from technology development and market research to the formulation and implementation of business strategies, will utilize the advanced technologies accumulated by the company over its long history of shipbuilding, in order to accelerate technological development and new business creation in the marine decarbonization field, and respond promptly to global trends and market needs to realize a carbon neutral world.Illustration of an LCO2 carrierMHI/Mitsubishi Shipbuilding has built more than 5,000 vessels since its founding in 1884, actively adopting new technologies as a pioneer in the construction of energy carriers, including coal carriers, oil tankers, and liquified gas carriers (LPG and LNG carriers). The recent drive for decarbonization will require a transition to new energy, and premised on global trade, demand is expected to increase for clean...
Fujitsu Establishes AI Ethics and Governance Office to Ensure the Safe and Secure Deployment of AI and Leading-edge Technologies in Society
TOKYO, Jan 28, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited today announced the decision to establish a new organization to strengthen its governance of AI ethics.Building and maintaining trust remains central to all of Fujitsu's business activities, forming the basis of its Purpose--"to make the world more sustainable by building trust in society through innovation." To realize the vision of a sustainable world through its global business brand "FUJITSU Uvance" which focuses on the solution of social issues, both services and technologies as well as trust in the Fujitsu Group will play an essential role.In March 2019, Fujitsu formulated the "Fujitsu Group AI Commitment" to create greater value for customers and society while honoring its promise to deliver safe, secure, and transparent AI technology. With this commitment as a point of departure, in September 2019 Fujitsu further established the "Fujitsu Group External Advisory Committee on AI Ethics" to ensure an objective evaluation of Fujitsu's AI ethics framework by an impartial third party. Since then, Fujitsu has continuously and proactively worked to enhance its corporate governance to enforce the principles of ...
TVS Motor Company acquires Switzerland’s largest e-bike player – Swiss E-Mobility Group AG (SEMG)
Singapore, Jan 27, 2022 - (ACN Newswire via SEAPRWire.com) - TVS Motor Company today announced the successful acquisition of a 75% stake in the Swiss E-Mobility Group (SEMG). The acquisition reaffirms TVS Motor Company's commitment to expansion in Europe through a portfolio of premium and technology leading brands, including Norton Motorcycles and EGO Movement, which were recently acquired.At the signing in ceremony Left to right: Sharad Mohan Mishra, President, Group Strategy, TVS Motor Company, Sudarshan Venu, Joint Managing Director, TVS Motor Company, Sir Ralf Speth, Chairman designate, TVS Motor Company, Rainer Fröhlich, Founder & Managing Partner, CONSTELLATION CAPITAL, & Reto Waeffler - CEO SEMGSEMG is a market-leading provider of e-mobility solutions within the DACH region, operating the largest pure-play e-bike retail chain M-way in Switzerland with close to USD 100M in revenue. The company has a prestigious Swiss mobility brands portfolio, including Cilo, Simpel, Allegro, and Zenith – Bikes. By combining its extensive physical network and e-commerce platform with two online platforms and 31 physical stores, SEMG is able to deliver a seamless and world-class custom...
由达博思、新盛控股及Mileage Singapore共同举办2022年香港首个SPAC及元宇宙在线投资论坛
HONG KONG, Jan 21, 2022 - (亚太商讯 via SEAPRWire.com) - 大中华地区具全球影响力的专业策略导向型投资者关系顾问公司达博思(Leverage Big Strategies)传讯顾问有限公司(「达博思」 或 「LBS Leverage Big Strategies Communications Consulting Limited」)联合新盛控股(New Vision Holdings Limited)及新加坡Mileage Communications于1月20日成功共同举办香港首个在线投资论坛「投资创新建设理想国度——由SPAC到元宇宙」,应用虚拟论坛及展厅平台与逾20位行业领袖及专业机构投资者共同解析美国、香港及新加坡的特殊目的收购公司(「SPAC」)上市概览,探讨元宇宙中数字资产投资的致胜策略,虚拟论坛及展厅平台实时反馈的投资者参会人数可见,投资者参会反应热烈,盛况空前。是次论坛亦获富途作为平台合作伙伴,以及经济一周作为媒体合作伙伴全力支持。论坛当日,达博思邀请到多位演讲嘉宾透过多元细分话题解构两大炙手可热的资本市场热话──SPAC及元宇宙的市场发展。上午时段,A SPAC (Holdings) Group Corp.首席执行官曾思维先生、Gibson Dunn合伙人Robson Lee先生、史蒂文森黄律师事务所合伙人曾浩贤先生剖析美国、香港及新加坡的SPAC上市机制与风险因素,木槿资本首席执行官蔡耀庭先生讲述了SPAC和De-SPAC过程中的投资者关系策略及成功的SPAC定位与投资策略。论坛下午时段,元宇宙投资策略作为重点议题,以太数据基金会亚太联合实验室技术总顾问雷志斌博士讲解实体经济驾驭虚拟现实浪潮的有效策略;Mura Capital创始人Gilbert Ng先生讲述虚拟市场的合规趋势及监管方向;NVC Media联合创始人罗柏聪先生介绍最前沿的虚拟发展动向—GameFi;以及Animoca Brands集团总裁欧阳杞浚先生分享了集团不仅限于最热门板块Sandbox的独特投资策略。此外,论坛流程亦包括两场专题座谈会,座谈嘉宾向参会来宾解析SPAC及De-SPAC的团队组成,最大化投资者和初创企业投资回报的关键策略,以及元宇宙领域投资的致胜方针。座谈会嘉宾积极分享自身经验及独到见解,会议气氛热烈,吸引到逾300名专业投资者、机构投资者、上市公司高管及初创企业代表参会,更吸引到不少与会者于场外虚拟咖啡区轻松交流。达博思传讯顾问有限公司董事总经理陈铠瑶女士表示:「元宇宙作为时下科技巨头、游戏公司争相开发的新兴领域,连国际知名运动品牌亦借机收购虚拟鞋品牌公司来此市场,元宇宙市场发展的的空间,无可避免地成为投资界的热议话题,同时香港交易所已正式实施SPAC上市机制,变相亦令不少新兴和创新产业公司可成为其中的并购...
New Year Message from Hidehito Takahashi, Showa Denko President and CEO
TOKYO, Jan 4, 2022 - (JCN Newswire via SEAPRWire.com) - Hidehito Takahashi, President and CEO of Showa Denko ("SDK"; TSE:4004) announced the following New Year message.Hidehito Takahashi, President and CEOI would like to express my heartfelt sympathy to everyone who contracted COVID-19 and the people who are in difficulties due to the spread of the disease.In 2021, people realized "new normal" in which they struggled to return to normal daily life while preventing further spread of the disease. Thus people have started to create new sense of values.2022 is crucial for the process toward complete integrationSince 2019, in which the Company announced that it would acquire former Hitachi Chemical Company, Ltd. (current Showa Denko Materials Co., Ltd.), the scheme for integration of Showa Denko (SDK) and Showa Denko Materials (SDMC) has been proceeding smoothly due to the effort of you all in the Showa Denko Group. As a result, in January 2022, we achieved substantial integration of the two companies through unification of the two companies' management systems. It was an excellent result because it was achieved one year earlier than the schedule which had been announced through the "Lo...
Apollomics Inc. Announces CEO Guo-Liang Yu, PhD Appointed as Chairman of the Board for the BayHelix Group
Foster City, CA, and Hangzhou, China, Jan 4, 2022 - (ACN Newswire via SEAPRWire.com) - Apollomics Inc., an innovative biopharmaceutical company committed to the discovery and development of mono- and combination- oncology therapies, today announced that Guo-Liang Yu, PhD, Co-Founder, Chairman and Chief Executive Officer of Apollomics, was recently appointed to Chairman of the Board for the BayHelix Group, effective January 2022."I am honored to be selected by my peers to help guide the BayHelix Group as it continues to foster biotech innovations and expand business opportunities within the broad life sciences ecosystem globally," said Dr. Yu. "For 20 years, the BayHelix group has been an instrumental connection between emerging Chinese companies and the rest of the world. As a dual U.S. and China biotechnology company focused on the development of innovative therapies for cancer treatment, Apollomics has been actively involved with BayHelix since our inception. I look forward to offering my expertise and insights, and working with my distinguished BayHelix board of directors and fellow members, to further our goals towards connecting biopharmaceutical companies around the world."Ab...
Asia Vets Holdings proposes to acquire digital financial services group AlDigi Holdings for S$45 million via Reverse Takeover
SINGAPORE, Jan 3, 2022 - (ACN Newswire via SEAPRWire.com) - Catalist-listed Asia Vets Holdings Ltd. ("Asia Vets Holdings", the "Company", and together with its subsidiaries, the "Group") has entered into a conditional sale and purchase agreement ("SPA") with RHT AlDigi Financial Holdings Pte. Ltd. ("Vendor") and AlDigi Holdings Pte. Ltd. (the "AlDigi Group" or the "Target") on 30th December 2021 to acquire from the Vendor 100% of the ordinary shares in the issued and paid-up share capital of the Target (the "Proposed Acquisition").Tan Chong Huat, Chairman of RHT Group of Companies, Tan Tong Guan, Executive Chairman and Chief Executive Officer of Asia Vets Holdings Ltd., and Jayaprakash Jagateesan, Chief Executive Officer of AlDigi Holdings Pte. Ltd. at the signing ceremony. [L-R]The S$45 million consideration for the Proposed Acquisition shall be satisfied by way of allotment and issuance of 335,436,357 new ordinary shares ("Consideration Shares") in the capital of the Company at the issue price of approximately S$0.13415 per Consideration Share. The Proposed Acquisition, subject to, inter alia, the approval of the Company's shareholders, adds an additional revenue stream as well a...
AEON Credit Announces Net Profit For the First Nine Months of FY2021/22 Up by 5.6% to HK$243.3 Million Through Successful Promotion Programs and Healthy Credit Portfolio
HONG KONG, Dec 23, 2021 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; HKEX: 00900) announced today its unaudited results for the nine months ended 30 November 2021 ("nine months of FY2021/22"). Despite the unprecedented headwinds from the pandemic, the launch of various promotion programs to capture recovering credit card spending, resulted in sales for the nine months of FY2021/22 increasing by 21.0% year-on-year. However, this surge in credit card sales had yet to start pushing revolving credit card balances and personal loan receivables back up to pre-pandemic level. As a result, revenue was down 8.3% year-on-year to HK$770.3 million. Nonetheless, due to continuous efforts to refine its credit assessment process, the Group has built a healthy credit portfolio. With the economic situation and the unemployment rate continuing to improve, along with the Group's debt management efforts to reduce overdue advances and receivables proving effective, impairment losses and impairment allowances significantly dropped 63.4% year-on-year to HK$65.0 million. Consequently, the Group's profit after tax rose to HK$243.3 million, r...
ATAL Wins CIC Outstanding Contractor Award 2021 for Exceptional Performance and Professionalisation
HONG KONG, Dec 20, 2021 - (ACN Newswire via SEAPRWire.com) - Analogue Holdings Limited (stock code: 1977) together with its subsidiaries (referred to as "ATAL Engineering Group", "ATAL" or the "Group"), a leading electrical and mechanical ("E&M") engineering services provider in Hong Kong, is pleased to announce its achievement of the "Grand Award - Specialist Contractor" and the "Professionalisation Award - Specialist Contractor" at CIC Outstanding Contractor Award 2021, organised for the first time by the Construction Industry Council ("CIC"). The awards are a testament to ATAL's outstanding performances and contribution to the industry and society, through its commitment to innovation and nurturing talents to enhance professionalism of the industry.Photo 1: ATAL receives "Grand Award - Specialist Contractor" at CIC Outstanding Contractor Award Ceremony 2021 with Chief Executive Mrs Carrie Lam as Guest-of-HonourPhoto 2: ATAL receives "Professionalisation Award - Specialist Contractor" at CIC Outstanding Contractor Award Ceremony 2021Photo 3: Mr Victor Law, Managing Director of ATAL, shares his award acceptance speech on stage at the award presentation ceremonyMr Victor Law, M...
MHI Publishes “ESG DATABOOK 2021”
TOKYO, Dec 17, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) today released the English-language version of its ESG DATABOOK 2021*, a compendium of information regarding the environmental, social, and governance (ESG) performance of MHI Group. Divided into four chapters (Management, Governance, Environment, and Contributions to Society), the report includes a comprehensive overview of ESG criteria and other types of non-financial information regarding MHI Group, together with a presentation of its latest sustainability initiatives.The ESG DATABOOK provides stakeholders with a keen interest in ESG activities with detailed ESG performance data for each fiscal year, compiled from the entire corporate group. It has been published annually since fiscal 2018 to complement the MHI REPORT, which conveys in an integrated manner, financial factors including business strategies and results, along with non-financial factors such as their relationship with the environment and society.This year's ESG DATABOOK presents the five priority issues (materiality) for MHI Group, established with the aim of enhancing enterprise value by providing solutions to the probl...
Acumen Diagnostics granted Ministry of Health COVID-19 offsite PCR testing license, up to 100 sites island-wide
SINGAPORE, Dec 16, 2021 - (ACN Newswire via SEAPRWire.com) - Homegrown medical technology Company, Acumen Diagnostics Pte. Ltd. ("Acumen Diagnostics" or the "Company"), a 51% owned subsidiary of Q&M Dental Group (Singapore) Limited ("Q&M Dental") and 49% owned by Aoxin Q&M Dental Group Limited ("Aoxin Q&M Dental"), today announced that it has been granted a license by the Ministry of Health, Singapore to provide offsite COVID-19 polymerase chain reaction ("PCR") swab services and serology sample collection.The Company will roll out its testing services via Q&M Dental's network of clinics, and also at Acumen Diagnostics' headquarters located at The Gemini, 41 Science Park Road, Singapore.Dr Ong Siew Hwa, Chief Executive Officer & Chief Scientist of Acumen Diagnostics and Executive Director of Aoxin Q&M Dental, said "Vaccination coupled with a robust testing regime remains the best strategy to tackle the virus enabling a safe and more sustainable re-opening of the economy.PCR tests remain the gold standard for accurately detecting COVID-19 cases and with the potential higher transmissibility of new variants such as Omicron, testing needs to be deployed qui...
Ni Hsin Group Launches BB2GO EV Bikes for F&B Business
KUALA LUMPUR, Dec 13, 2021 - (ACN Newswire via SEAPRWire.com) - Ni Hsin Group Berhad's (formerly known as Ni Hsin Resources Berhad) ("Ni Hsin") subsidiary BlackBixon2Go Sdn Bhd ("BlackBixon2Go"), is pleased to announce the launch of BB2GO EV ("electric vehicle") Coffee Bike for use in the sale of BlackBixon coffee.The launch was attended by YB Tan Sri Noh Bin Haji Omar, Minister of Ministry of Entrepreneur Development and Cooperatives; various directors from BlackBixon2Go Sdn. Bhd., the EV Bike subsidiary of Ni Hsin Group Berhad and Ni Hsin Group Berhad.These electric bikes are powered by a battery system specially configured to also provide the power for the coffee-making machine and is an extension of Ni Hsin's cafe@anywhere concept under its food and beverage business. The bikes are equipped with GPS for easy tracking of orders and locations of BB2GO EV Coffee Bikes by coffee lovers using the BB2GO app.BlackBixon2Go also signed an MoU with Acasia Communications Sdn Bhd ("Acasia") to digitalise the new business concept through its connectivity and cloud services, supporting BB2GO app. Acasia, an affiliate of Telekom Malaysia Group, is a collaboration among seven leading telecommu...
Fujitsu Earns Top Rating from CDP in Climate Change, Water Security Categories
TOKYO, Dec 8, 2021 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited today announced that the Fujitsu Group has been selected for the CDP's A List for both climate change for the fifth year in a row and water security for the third year in a row, earning the highest rating in the CDP's evaluation of corporate activities in response to climate change and water security.CDP is an international non-profit organization that manages annual global disclosure for companies' activities relating to climate change, forests, and water security, on behalf of institutional investors that have total investment assets in excess of $110 trillion (as of 2021/12/4). The survey evaluates companies' outstanding efforts to demonstrate leadership in disclosing information, identifying and managing risks, addressing challenges, as well as setting ambitious and significant goals.The Fujitsu Group's Initiatives in Climate Change and Water SecurityThe Fujitsu Group laid out its medium- to long-term environmental vision, the Fujitsu Climate and Energy Vision, in May 2017. Fujitsu is working to achieve both zero CO2 emissions from its own business through the use of AI and other technologies that support d...
青瓷游戏宣布于香港交易所主板上市计划
HONG KONG, Dec 6, 2021 - (亚太商讯 via SEAPRWire.com) - 中国知名的移动游戏开发商及发行商——青瓷游戏有限公司 (「青瓷游戏」或「公司」,连同其附属公司,统称「集团」,股份代号:6633.HK),今日宣布将于香港联合交易所有限公司 (「香港交易所」) 主板上市计划。青瓷游戏宣布于香港交易所主板上市计划。左为执行董事兼首席执行官黄智强先生,右为执行董事兼首席财务官刘斯铭先生青瓷游戏宣布于香港交易所主板上市计划。从左至右:执行董事兼首席财务官刘斯铭先生,执行董事兼首席执行官黄智强先生,首席技术官魏树木先生,执行董事兼首席营运官曾祥硕先生摘要-- 作为中国知名的移动游戏开发商及发行商,于2020年,在中国所有移动游戏公司中,按休闲游戏流水计,青瓷游戏排名第三;按放置类游戏流水计,青瓷游戏排名第二;按自主研发Rogue-like RPG的流水计,青瓷游戏排名第二。 -- 集团自研放置类游戏《最强蜗牛》推出后首个月内录得流水超过人民币400 百万元,2020年6月至12月的平均月活跃人数超过440万人,并在2020年中国iOS游戏畅销榜上排名第二。-- 「青瓷」品牌吸引了庞大、忠诚且活跃的玩家群,形成了青瓷的玩家社群——「青瓷社群」。集团在其官方账号及社交媒体平台群组拥有10.4百万名青瓷铁粉 。-- 集团获行业领先战略投资者支持,包括厦门吉比特网络技术股份有限公司、Tencent Mobility Limited、阿里巴巴集团控股有限公司及哔哩哔哩股份有限公司等移动游戏行业的领先企业,更由库卡在线娱乐有限公司、Boyu Capital Group Holdings Ltd.、广发全球资本有限公司等机构作为基石投资者参与。-- 集团持续开发并授权优质移动游戏,例如跑酷、SLG(包括塔防及其他)、ACT、STG及ACT RPG。截至最后实际可行日期3,集团目前拥有6款移动游戏及10款游戏储备。-- 集团于往绩记录期间录得强劲的财务表现。2020年收入为人民币1,226.9百万元,2018年至2020年间收入的复合年增长率为253.1%,2020年内经调整利润净额(非国际财务报告准则)为人民币166.2百万元,2018年至2020年的复合年增长率为106.8%。发售详情青瓷游戏将发售85,000,000股股份(视乎超额配售权行使与否而定),其中76,500,000股股份(可予调整及视乎超额配股权行使与否而定)将作国际发售,合共占初步发售股份总数的90%;余下8,500,000股股份(可予调整)将于香港作公开发售,合共占初步发售股份总数的10%,每股作价介乎11.20港元至14.00港元。假设发售价为每股股份12.60港元(即发售价范围每股股份11.20港元及14.00港元的中位数),经扣除有关全球发售已付及应付包销佣金及其他估...
EC Healthcare Announces FY2021/22 Interim Results
HONG KONG, Nov 30, 2021 - (ACN Newswire via SEAPRWire.com) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong, announces today its unaudited interim results for the six months ended 30 September 2021 (the "Period").Business Highlight-- Total revenue jumped 81.1% to HK$ 1.44 billion-- Achieved a record-high sales volume of HK$1.53 billion, up 61.8%-- Earnings before interest, taxes, depreciation, and amortization ("EBITDA") significantly increased by 181.3% to HK$323 million-- Profit after tax surged 267.8% to HK$196 million, basic earnings per share were 14.2 HK cents-- Revenue from medical services surged 109.9% to HK$758 million, with its contributions to total revenue rose to 52.5%-- The board of directors (the "Board") proposed interim cash dividend of 10.2 HK cents per share-- The Group entered the veterinary market through acquisition of a veterinary business, thus broadening its medical services spectrum-- As of 30 September 2021, the Group's aggregate floor area of clinics and service centres increased by 41% to 449,000 sq.ft-- As of 30 September 2021...
Jacobson Pharma Announces FY2022 Interim Results
HONG KONG, Nov 26, 2021 - (ACN Newswire via SEAPRWire.com) - Jacobson Pharma Corporation Limited ("Jacobson Pharma" or the "Company"; Stock Code: 2633), a leading company engaging in the research, development, production, marketing and sale of essential medicines, specialty drugs and branded healthcare products, today announced the interim results of the Company and its subsidiaries (collectively the "Group") for the six months ended 30 September 2021 (the "Reporting Period").Backed by the gradual recovery of both Public and Private Sectors for its generic drugs business alongside the stabilisation of COVID-19 pandemic in Hong Kong, the Group delivered total revenue of approximately HK$750.4 million, which represented a 7.9% growth during the Reporting Period. The profit from operations reached HK$116.9 million while profit for the period was recorded at HK$82.9 million, both with a considerable growth of about 28.5% and 46.2% respectively, as compared to the adjusted profit from operations* and adjusted profit for the period* ended 30 September 2020. The Group maintains a healthy financial position as supported by its strong cash flows, with adjusted earnings before interest, taxe...
Alco Announces FY2021/22 Interim Results, Revenue from Self-Branded Computer Business Surges Nearly 50%
HONG KONG, Nov 26, 2021 - (ACN Newswire via SEAPRWire.com) - Alco Holdings Limited ("Alco" or the "Group"; stock code: 00328), a world-leading manufacturer of electronic products, announced its interim results for the six months ended 30 September 2021 (the "Period"). During the Period, revenue from the Group's proprietary brand computer products business continued to surge, increasing by 49% year-on-year to HK$337 million. The Group has continued to seize the market growth potential of popular notebook products and the tremendous opportunities in regional markets that are in the process of internet development. This ability can be attributed to the support from customers and consumers as well as the success in brand building.During the Period, although the sales volume of the self-branded computer business increased by more than 20% year-on-year to over 100,000 units, the pent-up demand still has not been satisfied due to components supply shortage. The Group has been reducing the traditional OEM and ODM businesses (audio-visual and other products); placing greater focus instead on its self-branded computer products, which consequently affected its business performance. During the...
