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Yeahka Donate 60,000 Antigen Rapid Test Kits Supporting Hong Kong’s Fight Against COVID-19

indie 3 3 月

2 minutes

HONG KONG, Mar 3, 2022 - (ACN Newswire via SEAPRWire.com) - Yeahka Limited ("Yeahka" or the "Company") (09923.HK) has announced a donation of 60,000 antigen rapid test kits to support Hong Kong's fight against the increasingly serious outbreak of Covid-19.The antigen rapid test kits will be donated to Po Leung Kuk and distributed to the elderly and disabled through its elderly service units and rehabilitation service units respectively, helping them monitor their health status in real time. The fifth wave of the pandemic has proven challenging for Hong Kong, with the number of new daily COVID-19 infections hitting record highs. In the face of the severe pandemic situation, there is an increase in demand for pandemic prevention resources. Yeahka has been closely monitoring the pandemic situation in Hong Kong and hopes the initiative will help, sending love and care to the people in need. About YEAHKA LIMITED (Stock Code: 9923.HK)Yeahka, listed on the Main Board of Hong Kong Stock Exchange in 2020, is a leading payment-based technology platform dedicated to creating value for merchants and consumers by providing one-stop payment services and diversified technology-enabled business se...

Fujitsu Limited Announces Recruitment Plans

ruth 1 3 月

3 minutes

TOKYO, Mar 1, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited today announced the following new graduate recruitment plans for fiscal 2023, as well as its mid-career recruitment plans for fiscal 2022.For its new graduate recruitment plan for fiscal 2023, Fujitsu plans to hire approx. 750 new graduates as in the previous year. In fiscal 2022, Fujitsu plans to further increase the number of career recruits without specifying a target number. In doing so, Fujitsu aims to acquire talent to drive the five technology sectors to support Fujitsu's seven "Key Focus Areas" within the Uvance brand, as well as realize Fujitsu's Purpose to "make the world more sustainable by building trust in society through innovation."Fujitsu will continue to conduct year-round recruitment, accepting applications from final-year university and graduate students, as well as those that have already graduated throughout the year.Under its job-based human resources management system, Fujitsu will recruit global talent to assign the right people to the right jobs. In addition, Fujitsu will offer appropriate compensation (including individual compensation) based on the level of responsibility and expertis...

Quantum FOMM 获得FOMM One在日本、泰国和全球市场开拓之权利

tallulah 14 2 月

1 minute

Tokyo, Japan, Feb 14, 2022 - (亚太商讯 via SEAPRWire.com) - Quantum FOMM Limited （以下简称「QF」），为本公司与FOMM Corporation （以下简称「FOMM」）共同设立的合资公司、也是本公司的子公司，于2022年1月31日宣布与 FOMM 签订了框架协议（以下简称「本协议」），制造和分销FOMM One， FOMM 的首个电动汽车车款，也是当今日本少数能获准上路的轻型（kei）电动汽车之一。通过该协议，巩固了本公司进入电动汽车领域，并成为优质、实惠的微型电动汽车领域的领先者奠定了基础。通过本协议，FOMM 授予 QF 在中国（包括香港、澳门和台湾）、马来西亚、新加坡、印度尼西亚和拉丁美洲等国家和地区生产和销售 FOMM One 的独家许可权以及所有必要的知识产权。在 FOMM One 现有的日本和泰国市场，QF 将与现有经销商合作分销车辆。FOMM 总部位于神奈川县，由一群铃木汽车前工程师团队于 2013 年创立。多年来，FOMM 开发了第一款轻型电动四座车 FOMM One，以满足日本市场的特定需求。在日本，kei 的意思是「轻巧」，这些车辆以价格实惠和发动机节省空间而闻名。这类汽车每年约占日本国内新车销量的三分之一，因为其广受欢迎，尤其是在公共交通较稀少且道路狭窄的农村乡郊地区。虽然 FOMM One 面向轻型汽车市场的普通消费者，但可以预见，地方政府、物流公司、共享汽车等商业企业也会有需求。由于日本政府承诺到 2050 年实现脱碳，并计划在 2030 年中期禁止销售新的纯汽油汽车，因此 FOMM One的正确定位非常有利于其在日本汽车市场的份额稳步增长。除日本外，本公司与 QF计划扩大其业务至东盟和拉丁美洲的城市，这些城市的国家和地方政府正在以前所未有的方式和力度拥抱价格实惠和可持续的移动解决方案。 FOMM 创始人兼QF首席技术官。于《关于变更第8次股票认购权所筹资金用途的通知》中所披露，本次交易的代价为 2 亿日元。本公司计划通过第 8 次股票认购权筹集 1.75 亿日元，剩下的2500万日元以本公司手头现金支付。关于 Quantum Solutions Limited (2338.T)Quantum Solutions 是一家从事电动汽车领域业务的东京证券交易所上市公司。关于Quantum FOMM LimitedQuantum FOMM 在香港注册成立，是本公司的子公司，也是与 FOMM的合资企业。该合资企业从事本公司的电动汽车业务。关于FOMM CorporationFOMM 总部位于日本神奈川县，成立于 2013 年，是一家以研发和设计为导向的电动汽车公司，专注于利用创新设计和技术，规划和开发轻型电动汽车。 Copyright 2022 亚太商讯. A...

CITIC Telecom CPC Appointment of New Chief Executive Officer

indie 31 1 月

4 minutes

HONG KONG, Jan 31, 2022 - (ACN Newswire via SEAPRWire.com) - CITIC Telecom International CPC Limited (CITIC Telecom CPC), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited ("CITIC Telecom", "the Group", SEHK: 1883), is pleased to announce that Mr. Brook Wong (Ching Wa, WONG), Vice President of CITIC Telecom has been appointed to the additional role of Chief Executive Officer of CITIC Telecom CPC effective 1st February, 2022, succeeds Mr. Esmond Li who has decided to retire and step down from CEO of CITIC Telecom CPC after over 20 years of service in the Group.Mr. Brook Wong has been appointed as CEO of CITIC Telecom CPC"Mr. Wong has long been a visionary in telecommunications, applying his tremendous insight, depth of experience, and passion for technology to the cause of creating the innovative and intelligent future," said Mr. Frank Cai, Vice Chairman of CITIC Telecom CPC. "We are delighted to welcome Mr. Wong to CITIC Telecom CPC, and I'm confident that he will lead the team to continue pursuing our motto "Innovation Never Stops" and to win in this fast changing, dynamic industry. I believe that all of us will benefit from his leadership and expertise."Mr...

Fujitsu Establishes AI Ethics and Governance Office to Ensure the Safe and Secure Deployment of AI and Leading-edge Technologies in Society

ruth 28 1 月

2 minutes

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 ...

GS Holdings to Accelerate Business Expansion in Asia with New F&B Brands and Franchises

indie 3 1 月

4 minutes

Singapore, Jan 3, 2022 - (ACN Newswire via SEAPRWire.com) - GS Holdings Limited ("GS Holdings" or the "Company" and together with its subsidiaries, the "Group"), is pleased to announce that its indirect wholly-owned subsidiary, Hao Kou Wei Pte. Ltd. ("HKW"), has set up a new subsidiary, Sing Zhong Brands Management Pte. Ltd. ("Sing Zhong Brands Management"), to manage and operate restaurants and food outlets in coffee shop and food court and also to develop, franchise and manage food and beverage ("F&B") brands with a primary focus to facilitate its plans to promote and sell food originating from the People's Republic of China and Singapore.In addition, Sing Zhong Brand Management has entered into a Letter of Intent with Action Culture Pte. Ltd. ("Action Culture") with the aim of establishing 10 Chinese F&B brands and 10 Singapore F&B brands, which will be sold as franchise in Asian countries.With Action Culture's strong experience and knowledge of the culture and food consumption patterns in both China and Singapore, Action Culture will be responsible for identifying and designing the 10 Chinese F&B brands and concepts as well as sourcing for interested franchisees...

Hans Energy Increases its Shareholding in the Holding Companies of Citybus and NWFB to 15.56%

indie 4 12 月

3 minutes

HONG KONG, Dec 3, 2021 - (ACN Newswire via SEAPRWire.com) - Hans Energy Company Limited ("Hans Energy" or the "Company") and its subsidiaries (the "Group") (stock code: 554.HK), a leading operator in the energy industry, announced today that the Group will increase its shareholding in Bravo Transport Holdings Limited ("BTHL"), which wholly owns Citybus and NWFB, at a total consideration of HK$350 million. This represents 7% of the entire issued share capital of BTHL. Upon completion of the acquisition, the Group will own approximately 15.56% of equity interest in BTHL.Pursuant to the sale and purchase agreement, Glorify Group Limited ("Glorify"), a wholly-owned subsidiary of the Group, has conditionally agreed to acquire - and Templewater Bravo Holdings Limited ("TWB Holdings") and Ascendal Bravo Limited ("ABL") have conditionally agreed to sell - an aggregate of 700 BTHL Shares. Together these represent 7% of the entire issued share capital of BTHL at a total consideration of HK$350 million. Upon completion of the acquisition, approximately 83.90% of BTHL will be held by TWB Holdings, 15.56% by Glorify, and 0.54% by ABL. The principal subsidiaries of BTHL include Bravo Transport S...

HG Semiconductor Completed Placing of 14,346,000 Shares

indie 2 12 月

5 minutes

HONG KONG, Dec 2, 2021 - (ACN Newswire via SEAPRWire.com) - HG Semiconductor Limited ("HG Semiconductor", together with its subsidiaries, "the Group", Stock Code: 6908.HK) is pleased to announce that the Group fulfilled and completed the placing agreement took place on 1 December 2021. An aggregate of 14,346,000 placing shares, representing approximately 2.55% of the issued share capital of the Group, have been successfully placed to not less than six placees at the placing price of HK$6.20 per placing share.The net proceeds from the placing, after deduction of the professional fee and other related expenses, amounted to approximately HK$86.2 million. The Group intends to apply approximately HK$64.3 million for strengthening its research and development ("R&D") capabilities of LED, Mini LED, fast charging, gallium nitride ("GaN") devices and related semiconductor products. Such amount of net proceeds will be used for the set-up of R&D centres, recruitment of R&D professionals, as well as procurement of equipment and materials with an aim to develop and capture patent and technology. Meanwhile, approximately HK$21.9 million will be used for providing general working capi...

HG Semiconductor Announces its Strategic Investment in GaN Systems Inc.

indie 25 11 月

4 minutes

HONG KONG, Nov 25, 2021 - (ACN Newswire via SEAPRWire.com) - HG Semiconductor Limited ("HG Semiconductor", together with its subsidiaries, "the Group", Stock Code: 6908.HK) is pleased to announce that FastSemi Holding Limited, a wholly-owned subsidiary of the Group, has invested in GaN Systems Inc. ("GaN Systems"), a leader in gallium nitride ("GaN") technology, and agreed to invest by subscribing for the series F-2 convertible preference shares in GaN Systems as a strategic investor. Incorporated in Canada, GaN Systems is principally engaged in developing a broad range of GaN related products including high current GaN power semiconductors. With in-depth knowledge in GaN technology, the management team of GaN Systems combines decades of experience in developing GaN products. As a GaN power transistor company, GaN Systems currently ships to automotive, consumer, industrial, and data centre customers globally, and global companies rely on their transistors to reduce levels of carbon dioxide emissions and increase the utility and energy efficiency of their power systems. GaN Systems anticipates a capital funding round to accelerate innovation and adoption of GaN technology across its...

Emperor International (163) Enters Into HK$1,950 Million 5-Year Unsecured Club Loan Facility

indie 15 11 月

3 minutes

HONG KONG, Nov 15, 2021 - (ACN Newswire via SEAPRWire.com) - Emperor International Holdings Limited ("Emperor International" or the "Group") (Stock code: 163) is pleased to announce the signing of a 5-year unsecured club loan facility agreement amounting to HK$1,950 million (the "Club Loan") with nine local and international banks. The relevant proceeds will be used for general working capital purposes and refinancing its existing debts.The participating banks of this Club Loan include The Hongkong and Shanghai Banking Corporation Limited, The Bank of East Asia, Limited, Bank of Communications (Hong Kong) Limited, Bank of China (Hong Kong) Limited, Hang Seng Bank Limited, OCBC Wing Hang Bank Limited, China Minsheng Banking Corp., Ltd. Hong Kong Branch, LUSO International Banking Ltd. and Cathay United Bank Company, Limited, Hong Kong Branch.Mr. Benson Chu, Group Chief Financial Officer of Emperor Group, said, "I would like to express my sincere gratitude to the participating banks for their substantial support for this new Club Loan facility. Following the successful club loan facilities obtained in 2017 and 2019, we are pleased to secure once again a new 5-year unsecured club loan...

ANE (Cayman) Inc. Global Offering

indie 1 11 月

6 minutes

HONG KONG, Nov 1, 2021 - (ACN Newswire via SEAPRWire.com) - The leading express freight network operator in the China's less-than-truckload ("LTL") market - ANE (Cayman) Inc. (the "Company", together with its subsidiaries, the "Group", stock code: 9956), announces details of its Global Offering and listing on the Main Board of the Stock Exchange of Hong Kong Limited ("Hong Kong Stock Exchange").Highlights of the Global Offering:-- Number of Offer Shares under the Global Offering: 80,220,000 Offer Shares (subject to the Over-allotment Option);-- Number of Hong Kong Offer Shares: 8,022,000 Offer Shares (subject to reallocation);-- Number of International Offer Shares: 72,198,000 Offer Shares (subject to reallocation and the Over-allotment Option);-- Offer Price Range: HK$13.88 to HK$16.88 per Offer Share; -- The Hong Kong Public Offering is expected to close at 12:00 noon (at 11:30 a.m. for submitting applications under the eWhite Form Service) on Thursday, November 4, 2021;-- Dealings in the Shares on the Hong Kong Stock Exchange are expected to commence on Saturday, 11 November 2021;-- J.P. Morgan Securities (Far East) Limited and China International Capital Corporation Hong Kong S...

Substantial Strides for Kristof Schöffling’s Blockchain Consultancy Move Digital in 2021

pandora 25 10 月

2 minutes

MAHE, SEYCHELLES / October 25, 2021 /SEAPRWire /- Move Digital, an Asia-based blockchain and digital ledger technology (DLT) consulting company, is wrapping up the final quarter of what has been a year of significant progress in 2021. Led by CEO Kristof Schöffling, the company has become one of the premier advisory and consulting companies serving the rapidly growing demand for DLT solutions. Move Digital primarily assists large-scale enterprises with the implementation of DLT solutions that can address key bottlenecks in their operations. Throughout 2021, Move Digital has helped several widely known European and Asia-based enterprises significantly improve their operations through implementing such solutions. Move Digital has helped these enterprises reduce bottom-line costs while also exploring new and interesting revenue generation possibilities by adding DLT solutions to their software offerings. Move Digital provides versatile DLT solution guidance to their clients, helping in areas such as tech stack development and deployment. To cater to the growing demand for DLT solutions in the enterprise world, Move Digital has grown to over 50 full-time employees, ranking it among the ...

Entry into 3-Year Lease for an Industrial Property in Singapore to Commence Production of Lab-Grown Diamonds

indie 19 10 月

3 minutes

Singapore, Oct 19, 2021 - (ACN Newswire via SEAPRWire.com) - SGX-listed Metech International Limited ("Metech" or the "Company", and together with its subsidiaries, the "Group"), is pleased to announce that its joint venture company, Asian Eco Technology Pte. Ltd. ("AET") has entered into a 3-year lease agreement for an industrial property located at Kallang for the production of lab-grown diamonds.Diamonds are more widely known to be used in jewellery but diamonds are also commonly used for industrial applications in oil & gas, medical equipment, aerospace, among others.There are also continual discoveries of greater uses for diamonds in industrial applications, which could herald future electronics with powerful new properties that will enable next-generation military, aerospace and telecommunications applications(1).Lab-grown diamond is chemically, physically and optically identical to a mined diamond, hence without the need for mining, lab-grown diamonds is a sustainable source of this important material.According to the tenth annual report on the global diamond industry, prepared by the Antwerp World Diamond Centre (AWDC) and Bain & Company, global lab-grown diamond pr...

Mattex Asia Announces Partnership With Build King

indie 7 10 月

5 minutes

HONG KONG, Oct 7, 2021 - (ACN Newswire via SEAPRWire.com) - Mattex Asia Development Limited ("Mattex Asia"), a subsidiary of Asia Allied Infrastructure Holdings Limited (stock code: 00711), today announced that Build King Holdings Limited ("Build King"), a major construction contractor in Hong Kong, has agreed to invest in the company and a cooperation agreement signing ceremony was held this morning. The contract value of the investment is approximately HK$6 million. Build King will become the strategic shareholder of Mattex Asia and the parties will cooperate in accelerating the digitalisation of processes used in construction material management and procurement.Mr. Pang Yat Ting, Dominic, Chairman of AAI (third left); Ir Dr. Pang Yat Bond, Derrick, JP, CEO of AAI, Founder and Chairman of Mattex Asia (second right); Ir Zen Wei Peu, Derek, Chairman of Build King (middle), Mr. Roy Lam, CEO of Mattex Asia (third right); Mr. Shea Chun Lok, Martin, CFO of AAI (second left); Mr. Cheung Ho Kin, Dennis, Director of Mattex Asia (first right), and Ms. Li Hing Tin, Joyce, Financial Controller of AAI (first left), attended the contract signing ceremony. Ir Zen Wei Peu, Derek, Chairman of Bui...

Hatten Land Subsidiary HTPL Signs Definitive Agreement with Frontier to Operate at Least 1,000 Cryptocurrency Mining Rigs in Malaysia

indie 29 9 月

4 minutes

SINGAPORE, Sep 29, 2021 - (ACN Newswire via SEAPRWire.com) - SGX Catalist-listed Hatten Land Limited ("Hatten Land"; SGX: PH0) said today it has signed an agreement with Frontier Digital Asset Management Pte. Ltd. ("Frontier") to share proceeds from jointly operating at least 1,000 cryptocurrency mining (cryptomining) rigs within the Hatten Group's properties in Malaysia.Cryptomining rigs will be installed starting from Q42021 in phases under the binding strategic collaboration and management agreement between Hatten Land's wholly-owned subsidiary Hatten Technology (S) Pte. Ltd. ("HTPL") and Singapore-based Frontier, which currently operates over 700 cryptomining rigs in Singapore.Hatten Land recently announced that it would re-purpose its retail malls in Melaka for digital activities such as cryptomining and e-commerce. These activities will leverage on existing infrastructure and lower energy costs in Malaysia. Such costs may be lowered further as Hatten Land installs solar panels on malls in an effort to turn its footprint of malls into a hub for energy-efficient or 'green' cryptomining.Hatten Land and its parent company, the Hatten Group conglomerate are the leading developers ...

Hatten Land Enters into MOU with Singapore Myanmar Investco to Undertake ‘Green’ Crypto Mining Activities in Melaka

indie 16 9 月

6 minutes

SINGAPORE & MELAKA, MALAYSIA, Sep 16, 2021 - (ACN Newswire via SEAPRWire.com) - Hatten Land Limited (SGX:PH0) announced today a partnership to operate Hatten Land's energy-efficient 'green' cryptocurrency mining in Melaka that will soon be enabled by solar panels installed on rooftops of retail malls it owns or manages, as it pivots towards an environmental-friendly digital economy.SGX-Catalist Hatten Land's wholly-owned subsidiary, Hatten Technology (S) Pte. Ltd. ("Hatten Tech") has signed a MOU with SGX Mainboard-listed Singapore Myanmar Investco Limited ("SMI") to jointly explore business opportunities in cryptocurrency mining ("crypto mining") activities. SMI recently partnered NASDAQ-listed The9 Limited ("The9") to procure up to 4,000 sets of crypto mining rigs.Both parties will leverage on Hatten Land's space, infrastructure, and comparatively lower energy costs to carry out 'green' cryptomining activities, as Hatten Land steps up efforts to introduce solar energy. The renewable energy initiative will allow both parties to conduct 'green' crypto mining across Hatten Land assets, with increases in capacities helping to power more rigs to be added later.Hatten Land and its ...

中基长寿科学公布2021年中期业绩

tallulah 31 8 月

1 minute

HONG KONG, Aug 31, 2021 - (亚太商讯 via SEAPRWire.com) - 中基长寿科学集团有限公司（「中基长寿科学」，连同其附属公司统称「集团」；股份代号：0767. HK）欣然宣布截至2021年6月30日止六个月（「回顾期内」）未经审核之中期业绩。回顾期内，集团全面加快长寿科学业务之发展。除经营及管理现有借贷业务、证券及其他投资业务、金融及投资咨询业务以及物业投资业务外，集团不断加大投资力度加快转型步伐，分别从长寿科学研究、长寿医学检测、长寿生物制品、长寿管理服务及会员分部五大范畴进行营运部署，并透过确立多项收购项目及战略合作，在长寿科学领域进行布局，取得多个突破性进展。中基长寿科学于回顾期内的业绩仍以原有借贷、证券及其他投资，以及金融及投资咨询业务作主导。受不稳定的市场环境影响，集团对经营该等业务采取审慎态度以降低波动风险，令业绩放缓。此外，集团向相关顾问授出购股权，进一步拖累集团的整体表现。然而，新开辟的长寿科学业务取得良好发展并开始录得收益，回顾期内录得总收益约16,112,000港元（二零二零年：20,956,000港元）。期内亏损约为20,851,000港元（二零二零年：期内溢利约16,039,000港元）。额外授出的购股权为数13.1百万港元，令回顾期内蒙受整体亏损20.9百万港元。长寿科学业务的贡献亦为集团整体亏损提供缓冲作用。每股基本及摊薄亏损为0.54港仙（二零二零年：每股基本及摊薄盈利分别为 0.41港仙及0.11港仙）。中基长寿科学董事会主席及执行董事闫立先生表示：「自更名以来，集团专注拓展长寿科学业务。回顾期内，我们稳步实现转型，在原有金融相关业务的基础上，全面布局长寿科学领域，积极以全方位、多元化的模式扩展生物科技和长寿科学的医疗领域，不断完善产业链和产品链，旨在以崭新的长寿保健解决方案实现『让人类健康长寿』之愿景，矢志打造世界领先的长寿科学生态系统平台。」业务回顾回顾期内，集团从多方面推进长寿科学业务的转型步伐，分部收益约为7,171,000港元。当中，来自诊断及医学检测的收益约为3,136,000港元，而来自长寿生物制品销售的收益约为4,035,000港元；分部溢利约为2,839,000港元。致力增强内部研发及生产实力集团于回顾期内重点增强硬实力及软实力，招揽包括诺贝尔生理学或医学奖得奖者在内的多位国际生物科技权威专家及管理人才加盟并出任要职，强化集团的科研实力，大力推动集团实现下一阶段的战略目标。此外，集团于五月议决采纳股份奖励计划，旨在表扬对集团的发展及业务增长作出贡献的员工及人士，同时吸纳行业人才。集团之全资附属公司Perpetual Master Limited （「Perpetual Master」）于美国加州租用3.6万平方英呎的生产厂房，确保集团旗舰产品的生产及技术得到稳定的支持。...

Novaliches-Balara Aqueduct 4 Project in The Philippines Successfully Completed Tunnel Breakthrough

indie 25 8 月

4 minutes

HONG KONG, Aug 25, 2021 - (ACN Newswire via SEAPRWire.com) - Chun Wo Construction Holdings Company Limited ("Chun Wo"), a subsidiary of Asia Allied Infrastructure Holdings Limited (stock code: 00711), is pleased to announce that the contract of Novaliches-Balara Aqueduct 4 ("NBAQ4") project in the Philippines has completed breakthrough on 14 August and the online Breakthrough Ceremony was held in the morning. This marks an important milestone for Chun Wo as it is the first project for the company in the Philippines and is part of the strategy of tapping into the Southeast Asia market. The PhP 5.3 billion NBAQ4 project is one of the largest water supply infrastructure projects ever undertaken by Manila Water Company, Inc. ("Manila Water") and is the first in the Metro Manila Area to employ a tunnel boring machine ("TBM"). Upon completion, the new aqueduct is expected to improve the reliability and security of the raw water transmission system in the eastern portion of Metro Manila. Chun Wo has participated as part of the Novabala JV Corp. (NBJVC) which also includes First Balfour, Inc. (Philippines) and CMC di Ravenna (Italy). In August 2017, it signed the design-and-build contract ...

VC Holdings Expects a Turnaround in 1H 2021

indie 9 8 月

3 minutes

HONG KONG, Aug 9, 2021 - (ACN Newswire via SEAPRWire.com) - Value Convergence Holdings Limited ("VC Holdings", together with its subsidiaries, the "Group"; Stock Code: 0821.HK) announced that, based on its preliminary assessment of the unaudited consolidated financial statements of the Group for the six months ended 30 June 2021 ("Reporting Period"), the Group is expected to turnaround and record an unaudited consolidated profit attributable to owners of the Company of approximately HK$100 million for the Reporting Period as compared to that of a loss of approximately HK$55 million for the same period last year. The turnaround is mainly attributable to the increase in revenue of approximately HK$10 million, mainly from interest income generated from margin financing and money lending businesses. Meanwhile, a net realised and unrealised gain in financial assets at fair value through profit or loss of approximately HK$79 million was recorded, as compared with the net realised and unrealised loss of approximately HK$22 million for the same period last year. Last but not least, reversal of impairment loss on receivable of approximately HK$29 million was recorded in the Reporting Period...

China Dynamics Changes Name to Ev Dynamics

indie 27 7 月

2 minutes

HONG KONG, Jul 27, 2021 - (ACN Newswire via SEAPRWire.com) - China Dynamics (Holdings) Limited (the "Company", Stock Code: 476, together with its subsidiaries, collectively "China Dynamics" or the "Group"), which provides new energy vehicles and technology integrated solutions, has changed the name of the Company from "China Dynamics (Holdings) Limited" to "Ev Dynamics (Holdings) Limited" to better reflect the current status of the Group's business development and its direction of future development.Mr. Miguel Valldecabres Polop, CEO of Ev Dynamics, said, "The Group is to globalise its electric vehicles to world markets, including and not limited to Mainland China, Hong Kong, Asia Pacific and South America. Through the dynamic environment of pure electric vehicle development, it is also the Group's aim to become an environmentally friendly enterprise. We believe that the new name can provide the Company with a more appropriate corporate image and identity which will benefit the Group's business development."The stock short name of the Company for trading in the shares on The Stock Exchange of Hong Kong Limited will be changed from "CH DYNAMICS" to "EV DYNAMICS" in English with effe...

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