JCN Newswire
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Fujitsu strengthens security practice with acquisition of leading New Zealand cybersecurity firm InPhySec

ruth
4 minutes

TOKYO, Sep 21, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu Limited and Fujitsu Australia and New Zealand have moved to strengthen their security services capabilities with the acquisition of New Zealand cyber security company InPhySec. This move marks the latest milestone in Fujitsu's global M&A strategy and builds upon services offered by recently acquired firms Versor, oobe, and Enable Professional Services, to empower customers on their digital transformation journeys.Founded in 2015, InPhySec is one of New Zealand's largest providers of security consulting and managed security services. Its comprehensive range of managed security services includes SIEM (security information and event management), as well as cloud; network; and endpoint detection and response services, delivered through its global 24/7 Security Operations Centres across 3 locations. Specialist services are delivered through secret grade server rooms which provide data localization and additional physical security, services of particular importance to the New Zealand government and other regulated industries. InPhySec's secret- and top secret-cleared staff give it a competitive advantage in the New Zeal...

ACN Newswire

Connected Transactions Involving Subscription by Vivo Suzhou Fund and Centerlab for TOT BIOPHARM Shares

indie
6 minutes

HONG KONG, Jun 2, 2022 - (ACN Newswire via SEAPRWire.com) - On June 1, 2022, TOT BIOPHARM (Stock code: 1875. HK) announced that the company entered into a Share Subscription Agreement with VIVO Suzhou Fund and Centerlab. Pursuant to the agreement, Vivo Suzhou Fund and Centerlab agreed to subscribe for 116,250,000 and 33,750,000 shares of TOT BIOPHARM, respectively, at a subscription price of HK$3.15 per share (Premium issuance based on the past 5 trading days) , with a total of 150,000,000 shares, accounting for approximately 24.38% of the company's issued capital as of the date of this announcement. After the completion of the subscription agreement, assuming that all outstanding share options under the company's Pre-IPO Share Option Scheme will not be exercised before completion, the shareholding ratio of Vivo Suzhou Fund and Centerlab will reach approximately 28.68% and 28.66%.In recent years, TOT BIOPHARM has accelerated its strategic adjustment, strengthened its competitive advantage in the antibody conjugated drugs (ADC) field, and facilitated the construction of an industry-leading ADC one-stop commercialization platform. The company has made every effort to expand its one-s...

ACN Newswire
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ASL Successfully Held “ASL Innovation 2021” Webinar

indie
7 minutes

HONG KONG, Dec 16, 2021 - (ACN Newswire via SEAPRWire.com) - Automated Systems Holdings Limited ("ASL" or "the Group") (HKEX stock code: 771), a trustworthy and professional global Information Technology ("IT") partner, held "ASL Innovation 2021" webinar today. In the webinar, ASL introduced its newly-launched comprehensive cloud service online platform - ASL Marketplace, which has been put in place in late October, comprising a series of self-developed "as a Service". ASL also shared its marketing strategies and direction for future developments. The launch of ASL Marketplace signifies the Group's transformation into a service integrator, by unifying DevSecOps technologies that enables the Group to bring unique "Unified Technology Services" and brand-new service experiences to its customers. The webinar achieved complete success at the end.ASL has launched ASL Marketplace, a new cloud-based comprehensive online platform, that integrates application development (App), cybersecurity (Sec) and omni-channel managed services (Ops) into an unique "Unified Technology Services", providing a complete one-stop as a Service solution to meet customers' varied needs.Mr. Dominic Shih, Chief Tec...

SeaPRwire
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Team Singapore honoured in Parliament; work being done to increase cash rewards for para-athletes

aseanpr
3 minutes

SINGAPORE - Minister for Culture, Community and Youth Edwin Tong on Tuesday (Oct 5) moved a motion in Parliament to honour Team Singapore athletes who competed at the 2020 Tokyo Olympic and Paralympic Games. In his address, he also reaffirmed the Government's commitment to supporting and enhancing sports in Singapore at all levels, including disability sports. The issue of monetary rewards for Paralympians was in the spotlight recently after swimmer Yip Pin Xiu won two gold medals at the Paralympic Games in Tokyo. Each win will earn her a $200,000 reward, which is a fifth of the payout for an Olympic gold. Mr Tong touched on how some MPs had inquired about this disparity in Parliament. He said the private award schemes are managed by the relevant sports bodies. The Major Games Award Programme (MAP) for able-bodied athletes is managed by the Singapore National Olympic Council (SNOC), while the Athletes' Achievement Awards (AAA) for para-athletes is managed by the Singapore National Paralympic Council (SNPC). The Tote Board is the primary sponsor for both programmes, which also feature contributions from the private sector. The award amounts offered under both schemes are raised and ...

SeaPRwire
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2 years’ probation for teen who bit cop and also caused spinal cord injury

aseanpr
3 minutes

SINGAPORE - A youth who left a policeman with a spinal cord injury and superficial bite wounds was on Tuesday (Jan 5) sentenced to two years' probation. As part of his probation, the 17-year-old drug offender has to remain indoors from 10pm to 6am every day and perform 80 hours of community service. He also has to undergo regular urine tests. The teenager cannot be named as those under 18 are covered under the Children and Young Persons Act. The offender had pleaded guilty in a district court on Nov 19 last year to one count each of causing grievous hurt to a public servant and methamphetamine consumption. The victim - a full-time national serviceman - and his colleague were conducting foot patrol at Block 90 Redhill Close at around 2pm on Aug 5 last year when they entered a lift on the seventh storey, which was occupied by the offender and his cousin. Deputy Public Prosecutor Tan Hsiao Tien had disclosed in earlier proceedings that the officers decided to search the occupants when they noticed the two appeared nervous and had bloodshot eyes. A small brown box the cousin was holding was found to contain drug-taking utensils. When they arrived at the ground floor of the block, the v...

SeaPRwire
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Considering managed or index funds

elean
4 minutes

Mr Christopher Tan's obsession with index funds started more than a decade ago. He liked the funds not only because of their lower costs, but also because he saw that most actively managed funds do not perform better than average returns of the markets. Thus, index funds generally are better placed to outperform actively managed funds. What is an index For instance, The Straits Times Index (STI) comprises 30 constituent stocks with familiar names such as the big local banks, Singapore Airlines and other well-known companies. "If the Singapore stock market goes up, then your fund will go up. If it comes down, your fund will come down. There are many index funds around the world that track different indexes, such as the S&P 500 etc, so in simple terms that's what actually an index fund is all about." What about exchange-traded funds or ETFs? Buying an ETF is akin to buying a listed stock, but in this case, this "stock" is essentially a basket of index stocks. "When you buy one share of the ETF, you actually own a basket of these stocks from the index," Mr Tan explained. "So an ETF is actually a very good way of investing because the costs are even lower than an index fund." How to bu...