ACN Newswire
Read More

Metapunks announces NFT Metaverse Avatars Public Sale

indie
2 minutes

London, UK, Dec 28, 2021 - (ACN Newswire via SEAPRWire.com) - The First 2000 metapunks were sold privately. Now, it is open to the general public.What is interesting about this project? Not just JPEGsUnlike many other collections, Metapunks are full-fledged 3D models. Owners can see their NFTs in a 3D viewer on the website or use AR to integrate Metapunks in the real world. Avatars can be downloaded from the site, animated, and imported into various projects or Metaverses such as Webaverse. Additionally, each avatar has three stylish photos, which can be used, for example, on Twitter. The collection features eleven attributes that guarantee a lot of variety.Ecosystem MattersMetapunks is one of the first large NFT collections on Algorand. Despite being a top 20 coin with a 10B$+ market cap, Algorand is still not on the radar of many cryptocurrency investors. The Algorand ecosystem is young and rapidly developing. Original NFT projects on Algorand, such as Al Goanna, made their original owners by making them thousands of percent in average return. Despite being a new project, Metapunks is widely known in the Algorand community. The project was featured twice on the main page of Algor...

ACN Newswire
Read More

Myanmar Government Looks to Early Resumption of Development & Infrastructure Projects with China, Its Close Neighbour and Main Trading Partner

indie
6 minutes

NAY PYI TAW, MM, Dec 22, 2021 - (ACN Newswire via SEAPRWire.com) - The Myanmar Government looks forward to re-start development projects and accelerate bilateral economic and technical cooperation with the People's Republic China (PRC), its largest trading following disruptions caused by the pandemic and recent social unrest.The Ministry of Information (MOI) and Ministry of Investment and Foreign Economic Relations (MIFER) said in a joint statement that Myanmar enjoys a special 'paukphaw' or kinship with its close neighbour and has received substantial economic and technical support from the PRC over 71 years of bilateral ties.Having achieved national stability in recent months, and with the health situation stabilizing after receiving substantial vaccines from the PRC, a major priority for Myanmar is to implement projects involving PRC development assistance, amounting to 3.8 billion renminbi (RMB).Myanmar's State Administration Council (SAC) has reviewed an original list of 97 projects that were proposed by the previous government in late 2020 in response to the PRC's offer of 4.0 billion RMB in development assistance to Myanmar. The offer was announced during President Xi Jinpin...

SeaPRwire
Read More

Britania (SET: BRI) Starts First Day of IPO Trading on the SET

pandora
4 minutes

Poised to Launch 9 New Projects in 2022 and Lead Low-rise Housing Sector BANGKOK, Dec 21, 2021 – (ACN Newswire) – Britania PCL (SET: BRI) is debuting its IPO shares in the stock market, putting forward an impressive performance between 2018 and 2020 with an average annual growth rate of 113%. Revenue during the first 9 months of this year stands at 2,808.57 million baht, growing by 52%. Further plans include 9 new low-rise housing projects next year across the Bangkok Metropolis and certain provinces, valued at 10,800 million baht. Mrs. Supalak Chanpitak, Chief Executive Officer, BRI, reports that the trading of its IPO shares on the Stock Exchange of Thailand starts today (Dec. 21, 2021) under the symbol “BRI”. The CEO is confident that the BRI securities will receive a positive response from investors interested in real estate companies. As an expert developer of low-rise housing and a flagship company of Origin Property Public Company Limited, Britania is expected to gain investors’ trust. Since its inception in 2016, BRI has been growing by leaps and bounds. In 2019, the company launched a single project. That number ballooned to 21 in 2022. Revenues and profits grew in step wi...

SeaPRwire

Around 1,500 BTO flats to be built in Bukit Merah, site is less than a 10-minute walk to Redhill MRT station

aseanpr
2 minutes

SINGAPORE - House hunters eyeing the popular Bukit Merah estate can tap an upcoming development of around 1,500 Build-To-Order (BTO) flats on a site in Alexandra that is less than a 10-minute walk to Redhill MRT station. The Housing Board said plans are being drawn up and will be shared when ready. The site is bounded by Alexandra Road, Prince Charles Crescent and Alexandra Canal and sits along the Alexandra Park Connector. Located 400m from Redhill MRT station, it was previously home to low-rise blocks of public rental flats, shops and a market, all of which were demolished in the 1990s. The site will be developed to meet the strong demand for public housing, said the HDB and Singapore Land Authority on Wednesday (Dec 15). "The new housing projects will add to the good geographical spread of public housing to meet the different needs of Singaporeans, including young families who want to live near their parents in the area for better mutual care and support," said the agencies in a joint release. When asked if the flats will come under the new prime location public housing (PLH) model, HDB said: "The details of future projects under the PLH model are being finalised. Projects to be...

SeaPRwire
Read More

RADA Launches the World’s Leading Inclusive Launchpad – LaunchVerse, and It’s a DAO.

pandora
3 minutes

With the exponential growth of blockchain project launches in recent times, LaunchVerse is a novel product that taps into the need for a premium crowdfunding platform that provides benefits for new projects and the communities built around them. Ha Noi City, Vietnam / December 6, 2021 / SEAPRWire / – RADA, the DAO-based AngelList for Blockchain, officially launched its newest product – LaunchVerse – a DAO-based launchpad for Gamefi and MetaVerse blockchain projects. Having Trung Nguyen – Axie Infinity co-founder – as one of its advisors, RADA’s vision with LaunchVerse is to simplify and popularize crowdfunding in blockchain, and at the same time make initial Token sales equally accessible for the masses. LaunchVerse – a DAO-based launchpad for Gamefi and MetaVerse blockchain projects A launchpad for Everyone LaunchVerse works for the mass market. It requires little-to-no technical knowledge supporting both Desktop and iOS mobile users and works on different blockchain networks. LaunchVerse supports projects built on Binance Smart Chain (BSC), Polygon, KardiaChain, Solana, and Avalanche (at the time of launch). “Share2Earn” guaranteed investment slots! Just last month, RADA introduc...

ACN Newswire
Read More

FireStarter Implements Blockpass KYC for Incubated Metaverse Projects

indie
4 minutes

HONG KONG, Nov 28, 2021 - (ACN Newswire via SEAPRWire.com) - Blockpass is proud to announce its latest partnership with FireStarter, the launchpad for Initial Metaverse Offerings. To ensure projects that it incubates and launches are secure and compliant, FireStarter will be using Blockpass' proprietary KYC solution, including the enhanced 'Managed Service' option to ensure its clients enjoy the benefits of extra reviews and a dedicated team focused on their processes.San Francisco-based FireStarter is the first Initial Metaverse Offering (IMO) launchpad on the Polygon network, incubating GameFi, Social Token, NFT and DeFi projects. FireStarter provides resources to the top metaverse projects and communities, leading to an IMO where projects open their presale funding rounds to early supporters and $FLAME Token Holders. It aims to incubate top tier projects and bridge the gap between the mainstream and crypto.Blockpass is a digital identity verification provider which provides a one-click compliance gateway to financial services and other regulated industries. Through Blockpass, users can create, store, and manage a data-secure digital identity that can be used for an entire ecosys...

SeaPRwire

Rubbish pile-ups at new BTO projects common; residents worry they can become fire hazards

aseanpr
1 minute

SINGAPORE - Rubbish pile-ups from renovations of homes at newly completed Build-to-Order (BTO) projects are almost inevitable, but they need to be cleared promptly to prevent them from becoming fire hazards or attracting pests, say residents at four such projects. They added that people needed to be responsible and not dump the waste at areas that are not designated for it. Please subscribe or log in to continue reading the full article. Get unlimited access to all stories at $0.99/month Latest headlines and exclusive stories In-depth analyses and award-winning multimedia content Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months* Subscribe now *Terms and conditions apply.

ACN Newswire
Read More

Infocus International is Bringing Back Energy Storage Live Online Masterclass

indie
3 minutes

Singapore, Nov 10, 2021 - (ACN Newswire via SEAPRWire.com) - Infocus International Group, a global business intelligence provider, introduced Energy Storage online masterclass which will be commencing live on 24 January 2022. Energy storage differs from other energy technologies in the breadth and complexity of its addressable market and revenue opportunities. This training course provides a comprehensive, business-focused analysis of these opportunities, allowing attendees to analyse, understand and segment them. While naturally focusing on battery storage, this course also covers the variety of competing storage technologies and describes the wide variety of problems energy storage seeks to solve, at a wide range of deployment sizes and timescales, including key issues around practical project delivery.This course is ideal for those from the investment community and professionals who are working within the power sector in a commercial or business development role. It provides an independent perspective on the competing options, the economic environment in which storage projects operate, and the operational and revenue risks which are important to them.The 4-days training programm...

SeaPRwire

Evergrande resumes work on more than 10 property projects

elean
2 minutes

BEIJING (REUTERS) - China Evergrande Group said on Sunday (Oct 24) it had resumed work on more than 10 projects in six cities including Shenzhen - a statement that comes after it appeared to avert default with a last-minute bond coupon payment last week. Evergrande, deep in crisis with more than US$300 billion (S$404.4 billion) in liabilities, has not disclosed how many of its 1,300 real estate projects across China it has had to halt work on. The company said on Aug 31 that some projects were suspended because of delays in payment to suppliers and contractors and it was negotiating to resume building. On Sunday, it said in a post on its Wechat account that some of the projects it had resumed work on had entered the interior decoration stage while other buildings had recently finished construction. Evergrande added that its efforts to guarantee construction would shore up market confidence and included several photos of construction workers on different projects, stamped with the time and date. China's second-largest property developer last month also promised potential buyers it will complete building of their homes and said that work on one of the world's biggest soccer stadiums ...

SeaPRwire
Read More

Two-thirds of BTO projects completed during Covid-19 outbreak delayed by 6 months or less: HDB

aseanpr
5 minutes

SINGAPORE - Buyers of flats in 17 Build-To-Order (BTO) projects completed and delivered during the Covid-19 pandemic faced additional waiting time of six months or less, said the Housing Board on Tuesday (Oct 12). The 17 projects make up about two-thirds of the 25 BTO projects delivered since January last year. The remaining eight BTO projects were delayed by between seven and 10 months, said HDB. In total, more than 16,000 new homes have been delivered to Singaporeans since January 2020. Including pandemic-induced delays, the waiting time for the projects ranged from 2.4 years to 5.3 years, with an average waiting time of 4.1 years, said HDB. Last Saturday, HDB said it is on track to complete another five more BTO projects by the end of this year, barring unforeseen circumstances. This comes as National Development Minister Desmond Lee said in Parliament earlier this month that the average waiting time for ongoing BTO flats is between four and five years, even after taking into account delays brought about by the pandemic. He was clarifying the misconception that waiting times for BTO flats have risen to six to seven years, given the impact that Covid-19 has had on the constructio...

SeaPRwire

Temasek and HSBC to invest $150 million for debt financing platform to fund sustainable infrastructure projects

elean
3 minutes

SINGAPORE - State investor Temasek is setting up a debt financing platform with HSBC to help fund sustainable infrastructure projects with an initial focus on South-east Asia. They will invest up to a combined amount of US$150 million (S$203.5 million) in the initiative. Temasek and HSBC said in a joint statement on Thursday (Sept 30): "In Asia, there is a significant funding gap for sustainable infrastructure required to address challenges and opportunities presented by climate change. "Many infrastructure projects in the region face varying degrees of barriers to bankability. Private capital can play a unique role in bridging this gap." The longer-term goal is to build a pipeline of projects to scale, with the platform aiming to dispense over US$1 billion of loans within five years, they added. The funds will be directed at renewable energy and storage, water and waste treatment and sustainable transport, which will help meet carbon reduction targets and offset the impact of climate change. The two organisations noted that a meaningful portion of the loan portfolio will target marginally bankable, sustainable infrastructure projects by providing development expertise, technical a...

SeaPRwire
Read More

VYSYN Ventures Launches $30 Million Gaming Fund

pandora
4 minutes

VYSYN Ventures launches $30 Million fund to support Polygon-based gaming projects Mahe, Seychelles / SEAPRWire / September 21, 2021 / – VYSYN Ventures, a longstanding cryptocurrency venture capital fund, is launching a $30 million fund that will be focused on allocating investments exclusively to the rapidly growing field of blockchain-based gaming. In recent years, VYSYN has allocated significant investments and provided substantial support to a number of gaming-focused projects. After noticing some recent developments and rising interest in blockchain gaming, VYSYN has committed to ramping up it’s investments and support in the field of decentralized gaming. The fund will be mainly focused on supporting gaming projects that are building on the Polygon Network. VYSYN has a long history in the world of decentralized gaming and it has held significant long-term positions in blockchain-gaming projects including Ultra, My Neighbor Alice, and Axie Infinity. VYSYN supported Ultra during its seed round of fundraising 2018 and has provided significant support to the project by helping in areas such as marketing and development resources. Ultra has since grown to rank among the top gaming-...

SeaPRwire
Read More

Gradiant Achieves Strong Growth Across Asia in Cleantech Water Treatment during the Pandemic

pandora
4 minutes

– Gradiant demonstrated strong growth during the prolonged COVID-19 pandemic– Gradiant won 26 new projects in 2021 YTD across the Asia Pacific region– Contract wins are in cleantech water treatment solutions with new clients, applications, markets, and geographies, including long-term DBOOM concession agreements– Since the onset of the pandemic, Gradiant has secured 56 new projects with a total contract value of over US$514 million– Gradiant’s team has grown to 350 people, with almost all new headcount growth in the Asia Pacific region SINGAPORE, Sept 15, 2021 – (ACN Newswire) – Gradiant, an end-to-end cleantech water treatment solutions provider, announced that it has secured 26 new projects in 2021 year-to-date (YTD) across the Asia Pacific (APAC) region. Four of the projects will be delivered as design-build-own-operate-manage (DBOOM) contracts for long-term concession periods of up to 20 years. The business growth demonstrates increased demand for advanced water & wastewater treatment during the prolonged COVID-19 pandemic. The new contracts in 2021 YTD are a mix of high-profile clients in the industrial, municipal, and government sectors, including multinational brand owne...

SeaPRwire
Read More

Construction firms’ efforts recognised at BCA’s inaugural Integrated Digital Delivery Awards

aseanpr
4 minutes

SINGAPORE - Building firms Ong&Ong and Woh Hup, as well as two projects, Paya Lebar Quarter and the Kallang Polyclinic and Long Term Care facility, have received top accolades at the inaugural Integrated Digital Delivery (IDD) Awards by the Building and Construction Authority (BCA) on Wednesday (Sept 8). The awards recognise those who have applied digital technologies across various stages of a building project to achieve increased productivity and resiliency. Awards are grouped into two categories - firm and project - and are given out in three tiers: platinum, gold plus and gold. Ong&Ong, which took home a platinum award, invested in a cloud-based solution that allowed its employees to work remotely. The firm also set up a digital technology department, which helped to drive digitalisation across its projects and conduct internal training programmes for staff. To further optimise its workflow, an in-house software development team was formed to develop building modelling tools and customisation capabilities. Mr Ashvinkumar Kantilal, group chief executive for architecture at Ong&Ong, said that since adopting more automation tools, tapping augmented and virtual reality solutions, a...

ACN Newswire
Read More

Infocus International Announces Brand New Online Workshop on Offshore Wind

indie
3 minutes

Singapore, Aug 30, 2021 - (ACN Newswire via SEAPRWire.com) - Infocus International Group has announced a brand new online workshop - Offshore Wind and it will be commencing live on 26 October 2021. A comprehensive online course to one of renewable energy's fastest-growing sectors.This is a business-focused training seminar designed to provide business developers and investors with an accessible and concise, yet comprehensive understanding of the many facets of these capital-intensive and lengthy projects. Offshore wind projects are very different from their onshore cousins, both in terms of the components required and the project development and installation processes involved. From turbines and timescales to cabling and costs, the scales are often supersized - with clear economic and practical rationale for this.This course will lead attendees through the technologies, processes and financial return and risk considerations for those involved in offshore wind project development. Explanations will be provided in clear, business-friendly language accessible to non-engineers. Trends and emerging disruptive technologies, such as floating turbines and integrations with other clean ener...

ACN Newswire
Read More

Huijing Holdings 2021 Interim Results Contracted Sales Increases Strongly by Over 162%

indie
4 minutes

HONG KONG, Aug 26, 2021 - (ACN Newswire via SEAPRWire.com) - Huijing Holdings Company Limited ("Huijing Holdings" or the "Group"; Stock code: 9968), an integrated residential and commercial property developer in the PRC, with a strong presence in the Greater Bay Area, has today announced its unaudited interim results as at 30 June 2021.Strong growth of contracted sales and steady improvement of results For the six months ended 30 June 2021 ("period"), the Group's strategic blueprint of a "one focus, one core, and two wings" quality property mix and professional services has enabled it to record solid growth against a backdrop of adversity, achieving contracted sales of approximately RMB6,411.0 million, representing a year-on-year growth of around 162.0%. In the period, significant projects launched by the Group included Nine Miles Bay, Xingfu District in Pinghu, Huijing Yanhu International Resort and Hefei Huijing City Centre. The Group recorded net profit of approximately RMB453.4 million in the period, a gain of 48.2% from the previous corresponding period, while net profit margin was 14.7%.In the period, the Group recorded a revenue of approximately RMB3,092.7 million, represent...

SeaPRwire
Read More

Sunpower’s GI business performed well in 1H 2021 with GI PATMI up 37.0% YoY to RMB91.8 million

pandora
12 minutes

SINGAPORE, Aug 12, 2021 – (ACN Newswire) – Mainboard-listed Sunpower Group Ltd. (“Sunpower” or the “Group”), a leading provider of industrial steam with a sizeable portfolio of 100%-recurring, long-term, cash-generating Green Investments (“GI”) projects that uses innovative integrated environmental protection technologies to facilitate the development of the circular economy and help China attain carbon peak and carbon neutrality, today announced its financial results for the six months to 30 June 2021 (“1H 2021”). Results Highlights Completed disposal of M&S business to unlock value and improved return for shareholders– Paid substantial Special Dividend of S$0.2412 per share– Recognised gain on disposal of RMB934.0 million– Green Investments (GI) is now the principal business of the Group– GI performance remains strong, driven by continued ramp-up of GI plants– Total steam sales volume for 1H2021 grew by 73.2% YoY to 3.93 million tons– GI revenue rose 77.3% YoY to record RMB906.6 million– GI EBITDA rose 50.0% YoY to RMB 281.3 million– GI PATMI grew 37.0% YoY to RMB91.8 million in 1H 2021– GI operating cashflow rose to RMB156.0 millionGroup results boosted by gain on M&S di...

SeaPRwire
Read More

$1.5m more to support HDB ground-up projects as pandemic highlights their importance

aseanpr
3 minutes

SINGAPORE - An obstacle course for pets in Bukit Panjang. A hub in Toa Payoh with an indoor hydroponics system and an art gallery. A calendar featuring recipes of 12 dishes such as Korean fried chicken, nasi goreng and chapati. These are examples of what Housing Board residents came up with in 2020 to liven up their neighbourhoods, where life had to go on despite the pandemic. About 650 people started 60 projects in eight HDB towns last year, taking ownership of their environment through HDB's Lively Places Challenge, an initiative started in 2016. It was begun to support HDB ground-up projects, and will get another $1.5 million for the next few years. National Development Minister Desmond Lee made the announcement on Saturday (July 24), recognising that community projects are more important now that people have been forced to stay home more. "Your neighbour may need to carry out renovations while you are taking important work meetings at home, or your family may be affected by second-hand smoke," he said. "Ultimately, good neighbourliness and strong communities are still the most critical ingredients to help residents overcome disagreements and find common ground." One of the winn...

SeaPRwire

Four of Hong Kong’s top banks halt some Evergrande mortgages

elean
4 minutes

HONG KONG (BLOOMBERG) - HSBC Holdings, Bank of China's Hong Kong unit and at least two other major lenders stopped providing mortgages to buyers of China Evergrande Group's unfinished residential properties in Hong Kong, the latest sign of dwindling confidence in the developer's financial strength. The lenders, which also include Hang Seng Bank and Bank of East Asia (BEA), suspended new mortgages for Evergrande's two projects under construction in Hong Kong after re-evaluating the risks of such loans, people familiar with the matter said, asking not to be identified discussing private information. Evergrande still has good relationships with many banks in Hong Kong, so its local operation won't be impacted, the developer said in a written statement while declining to comment on any action by individual banks. It's sticking with plans for its Hong Kong projects, and is confident on delivering Emerald Bay II in August as scheduled. The developer said it will consider allowing buyers to delay transactions by 60 days if they're affected. BEA declined to comment and representatives for the three other banks didn't immediately comment. Industrial and Commercial Bank of China (Asia) also ...

ACN Newswire
Read More

Haily Group Berhad debuts at 11 sen premium, 16.18% above IPO price

indie
4 minutes

KUALA LUMPUR, Jul 21, 2021 - (ACN Newswire via SEAPRWire.com) - Haily Group Berhad ("Haily" or the "Group") has debuted on the ACE Market of Bursa Malaysia Securities today with a sterling performance. At 9.00a.m., the Group's shares opened at 79 sen, which was a 11 sen premium or 16.18% higher than its initial public offering ("IPO") price of 68 sen per share, with the first traded volume recorded at 7,191,600 shares.Haily is principally a main contractor involved in building construction of residential and non-residential buildings in the Southern Region of Peninsular Malaysia, particularly Johor, and is also involved in the provision of rental of construction machinery.The Group's IPO involved a public issue of 30.00 million shares at 68 sen each and raised gross proceeds of RM20.40 million. Of the 30.00 million shares, it was offering 8.92 million shares to the Malaysian public, 10.00 million to its eligible directors, employees and persons who have contributed to the success of the Group, and 11.08 million to selected investors by way of a private placement.In addition, there was an offer for sale by its promoters that involved 18.00 million existing ordinary shares in Haily b...