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CCB International Completed Acquisition of 75% Shareholding in Metdist, Becoming the First LME Ring Dealing Member with Chinese Bank Background

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LONDON, Apr 6, 2016 - (ACN Newswire) - CCB International (Holdings) Limited ("CCBI") is pleased to announce the completion of the acquisition by its subsidiary, CCB International Securities Limited, of a 75% shareholding interest in Metdist Trading Limited ("Metdist") (to be renamed CCBI Metdist Global Commodities (UK) Limited ("CCBI Metdist")), which then becomes the first London Metal Exchange ("LME") Category 1 or Ring Dealing Member with a Chinese bank background. CCBI Metdist will continue to provide a full range of LME derivatives products for its clients.

CCBI (together with its subsidiaries) is the investment flagship of China Construction Bank Corporation ("CCB"). CCBI's business broadly covers three areas, namely Pre-IPO, IPO and Post-IPO, thereby providing clients with a full range of financial and capital market services and products. In recent years, CCBI has continued to maintain good momentum in various lines of business and has been winning accolades in the investment industry.

Metdist is a Category 1 or Ring Dealing Member of the LME, having been the first overseas member of the LME since 1970. According to data from the LME website, the LME is the world centre for trading of industrial metals, where more than three quarters of all non-ferrous metal futures business are transacted on its platforms.

Last October, in the presence of leaders from China and the United Kingdom, LME and LME Clearing Limited signed a memorandum of understanding with CCB for strategic cooperation in areas such as industrial metal trade and Renminbi clearing services. The acquisition of a 75% shareholding interest in Metdist by CCB International Securities Limited is the evidence to show its desire to accomplish these goals. This also marks an important step for CCB to establish a commodities trading platform. Looking forward, CCBI will leverage its deep connection with the Chinese banking and business communities, together with CCBI Metdist's membership status in the LME, to continue to provide comprehensive financial and capital market services for its clients and efficiently improve its participation and competitiveness in the global industrial metals futures market, and to better serve Chinese enterprises' demand in this market. With the linking up of key international markets, CCBI looks to excel in serving the real economy under China's "Go Global" and "The Belt and Road Initiative" strategies.



Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Legend Holdings Strategically Invests in KB Seafoods Company, Tapping into Global Seafood Industry

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HONG KONG, Apr 7, 2016 - (ACN Newswire) - Legend Holdings Corporation ("Legend Holdings"; stock code: 3396.HK) today announced to sign the strategic cooperation agreement with Kailis Family, which is best known for Australian seafood business. According to the agreement, Legend Holdings and Kailis Family formed a newly-capitalized joint venture called KB Food Group which is 90 per cent owned by Legend Holdings and 10 per cent owned by the Kailis Family. Kailis Family injected KB Seafoods Company, which includes Kailis Bros Company along with National Fisheries Company, and its operation in New Zealand and Asia, into the new venture.

Meanwhile, Legend Holdings announced that the seafood industry will be regarded as another core pillar in the agriculture and food segment. Based on the cooperation, Legend Holdings will make continuous investment in building Legend Holdings seafood industrial cluster to achieve the goal of being one of the seafood industry leaders in Asia-Pacific region and the world at large.

Kailis Bros Company, the subsidiary of KB Seafoods Company, is the leader in Australian Seafood industry, providing Australian mainstream supermarkets and catering enterprises with more than 6,500 kinds of seafood and affiliate products. In the meantime, it exports lobsters and many other high-end products to East Asia market, including major brands like KB's, By George, Clipper K, etc.

Chen Shaopeng, senior vice president of Legend Holdings will become the chairman of KB Food Group. Matthew Kailis, former CEO of KB Seafoods Company will act as CEO of KB Food Group. The management team from the injected businesses of Kailis Family will play the same role in KB Food Group. The Company will commit itself to offering the existing clients high-quality products and services with the same business model, based on which to promote expansion and development of KB Food Group in Australia and in the whole world.

In recent years, due to the sustainable development of global seafood industry, the demand from developed countries are increasing. At the same time, with the trend of economy growth, rise of resident income, stronger health consciousness and the consumption upgrading, seafood as the more healthy choice among mid- to high-end animal protein is becoming increasingly popular and has a lot of space for development.

KB Seafoods Company has been engaged in seafood industry for many years, accumulating vast management experience and product innovation ability. As a large integrated investment group, Legend Holdings owns profound foundation in Chinese market, broad international view and global resources integration capability. The joint venture between the two companies is a strong alliance and the complementary of each other's advantages, which will lead the KB Food Group to rapid growth and strong drive for future expansion.

Matthew Kailis, the CEO of KB Food Group stated, "We have long-held ambitions to grow our Australian and international businesses. We are pleased that we are able to be the strategic partner with Legend Holdings, who owns an outstanding reputation and strong comprehensive strength. In addition to that, it has established a number of influential enterprises with leading positions in multiple industries. Meanwhile, Legend Holdings treasures its brand and has deep understanding of industry and the excellent integration capability of global resources, which will greatly improve KB Food Group's current service level for existing clients and offer strong support for further development in Australia, Asia Pacific and around the globe."

Chen Shaopeng, senior vice president of Legend Holdings said, "The strategic cooperation with KB Seafoods Company played an important role in overseas investments for the agriculture and food segment. Under Matthew Kailis's leadership, the management team has generated excellent operating capacity. The business model of "global resources + Australian consumption" gradually matures, which has laid a solid foundation for the further development of KB Food Group. Both of us shares the same industry vision, And I am deeply convinced that today will be an important milestone for KB Food Group to be the global seafood leader."

Legend Holdings is one of the largest investment holding company in China. With the development of over three decades, it has established the "Two-Wheel-Drive" business mode of "Investment + Industry". Through active and systematic layout, Legend Holdings has developed two major businesses: strategic investment and financial investment. In strategic investment sector, Legend Holdings focuses on the industries with enormous potential and has continuously developed a number of excellent enterprises to realize the sustainable growth of corporate value for the long run.

In the segment of agriculture and food, Legend Holdings has always been devoted to global high-quality resources integration and providing high quality and safety products and services to customers. At present, related businesses and strategic alliances have been developed and formed among "Joyvio Golden Wing Mau Group" in fruit section, "Funglian Holdings", "Liquor Easy", "Joyvio Wine Company" and "Longguan Tea Company" in beverage section, "Cloud Farm" in internet agriculture section and the joint venture company established in grain section with Heilongjiang Beidahuang Group. The strategic investment in the Australian company KB Seafoods Company has manifested an all-rounded march to the global seafood industry to build another core pillar in the agriculture and food segment.



Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Semiconductor Use in India Growing to USD55 Billion in 2020 - Industry to Convene at SEMICON Southeast Asia

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PENANG, Malaysia, Apr 8, 2016 - (ACN Newswire) - The Indian Electronic System Design and Manufacturing (ESDM) market is expected to grow from USD31.6 billion in 2015 to USD400 billion by 2020, and consumption of semiconductors is expected to increase to approximately USD55 billion in 2020. Given this backdrop, the electronics supply chain will convene at SEMICON Southeast Asia (SEA) from 26-28 April at the Subterranean Penang International Convention and Exhibition Centre (SPICE) in Penang, Malaysia.

SEMICON SEA 2016 will offer a complete platform for engaging customers, suppliers, engineers and decision-makers from across the industry. With the objective to champion regional collaboration, the event will open new business opportunities for customers and foster stronger cross-regional engagement.

Against this positive backdrop, many original equipment manufacturers (OEMs) and integrated device manufacturers (IDMs) have invested in the Indian semiconductor space. The Government of India expects investment proposals in electronics manufacturing to increase two times in the 2017-18 timeframe, giving a push to the government's 'Make in India' initiative.

According to Mr Ng Kai Fai, President of SEMI Southeast Asia, "The Indian semiconductor industry offers high-growth opportunities as the industries which source semiconductors are themselves witnessing high demand. With the Internet of Things (IoT) picking up momentum, the next generation of interconnected devices will further increase the demand for intelligent computing, creating sustainable demand for semiconductors."

"SEMI has organized a Technology Innovation Forum focusing on the impact and potential of IoT within the semiconductor sphere at the upcoming SEMICON Southeast Asia 2016. Known as the region's premier showcase for the entire electronics supply chain, the event will feature industry leaders who will share their views on how IoT is impacting the semiconductor ecosystem. With a sold-out event, the support from global players provides a compelling reason why Vietnamese semiconductor stakeholders should visit SEMICON SEA 2016," he added.

SEMICON SEA 2016 will focus on the key trends and solutions in semiconductor design and manufacturing, including emphasis on serving the needs of expanding applications markets many of which require development of specialised materials, packaging, and test technologies, as well as new architectures and processes.

To register for SEMICON SEA 2016, visit www.semiconsea.org or contact Ms. Shannen Koh at skoh@semi.org.

Sponsors for SEMICON SEA 2016 included Advantest, Applied Materials, AMEC, ASE, Chip Shine, Edward Technologies, GLOBALFOUNDRIES, EV Group, Indium, KLA-Tencor, Kulicke & Soffa, Lam Research, SCREEN, Siemens, Tokyo Electron and Xcerra Corporation. Partners include Invest Penang, LEDExpo Thailand 2016, VLSI Consultancy, MATRADE, Malaysia Investment & Development Authority (MIDA), Ministry of Tourism and Culture Malaysia, Malaysia Convention & Exhibition Bureau (MyCEB), Penang Tourism, SAMENTA and Singapore Manufacturing Federation.

About SEMI

SEMI(R) connects more than 1,900 member companies and more than a quarter-million professionals worldwide to advance the science and business of electronics manufacturing. SEMI members are responsible for the innovations in materials, design, equipment, software, and services that enable smarter, faster, more powerful, and more affordable electronic products. Since 1970, SEMI has built connections that have helped our members grow more profitably, create new markets, and address common industry challenges together. SEMI maintains offices in Bangalore, Beijing, Berlin, Brussels, Grenoble, Hsinchu, Moscow, San Jose, Seoul, Shanghai, Singapore, Tokyo, and Washington, D.C. For more information, visit www.semi.org and follow SEMI on LinkedIn and Twitter.

Contact:
Acendus Communications Sdn Bhd Michael Poh at +60 12 395 5202 Reshvinder Kaur at +60 17 275 7985

Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Young Presidents' Organization (YPO) Hosts Annual Regional Event for 120 Business Leaders in Singapore

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SINGAPORE, Apr 12, 2016 - (ACN Newswire) - The Southeast Asia Region of Young Presidents' Organization (YPO), the world's premier network of chief executives and business leaders, hosted its annual regional event, "Golf, Real Estate and Women YPO Network (GREW) Singapore 2016" from 6-8 April, gathering 120 leaders from more than 10 countries. The GREW event offers access to real estate experts, who can provide regional market updates, and the opportunity for deal-making and networking among YPO members in the region.

The YPO Southeast Asia Region, one of the largest regions in YPO, provides networking and educational opportunities for nearly 800 members in 18 chapters representing nine countries in the region.

The event offered peer-led discussions, industry-specific insights with a focus on the Asian real estate market, networking and coaching as well as deal-making opportunities, leveraging the diversity of member expertise across different sectors. In addition to the educational program, social events with spouses and partners included fine dining as well as golfing on two of Asia's famous courses: Seletar Country Club and Singapore Island Country Club, provided by Barclays Gold Championship Trophy.

"The format of the three-day event was interactive and member-led with a focus on delivering practical education and insights that can translate to new opportunities and strategies. As the Asian hub for business, economic and entertainment, Singapore was an obvious choice to host YPO member leaders at the forefront of growth in the region." said YPO member Hester Chew, chairman of the YPO Executive Committee and chief executive of MC Thai Co Ltd.

Keynote speakers included Chan Soo Khian, founding principle and design director SCDA Architects Pte Ltd; Kishore Moorjani, senior managing director of Blackstone; Simon Lim, senior VP, head of Equity Capital Market (sectors) Equity and Fixed Income SGX; Greg Hyland, international director, head of Singapore, Capital Markets JLL Singapore.

A "Real Estate Needs and Leads" session was moderated by YPO member Maarten Buitelaar, chief executive officer for The POP Company Singapore, while a member-led "Deal Talk" helped participants understand future trends and identify opportunities in the ever-changing real estate market.

In addition, 42 women corporate leaders, entrepreneurs and family business owners participated in a full-day seminar to discuss topics related to the advancement of women leadership in Asia - including insights on board dynamics and the role of technology in transforming the world as well as tips on how to communicate one's personal brand professionally.

About YPO

YPO (Young Presidents' Organization) is a not-for-profit, global network of young chief executives connected through the shared mission of becoming Better Leaders Through Lifelong Learning and Idea Exchange(TM). Founded in 1950, YPO today provides 23,000 peers and their families in 130 countries with access to unique experiences, extraordinary educational resources, access to alliances with leading institutions, and participation in specialised networks to support their business, community and personal leadership. Altogether, YPO member-run companies employ more than 15 million people around the world and generate US$6 trillion in annual revenues. For more information, visit www.ypo.org.

Contact:
press@ypo.org


Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Get Nice Financial, First IPO Sponsored by Southwest Securities International, Successfully Lists on the Main Board of HKEX

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Louis Luo (first left), Vice President of Southwest Securities International delivered a speech at the investor luncheon





HONG KONG, Apr 12, 2016 - (ACN Newswire) - The recent listing of the first IPO sponsored by Southwest Securities International Securities Limited ("Southwest Securities International" or the "Company") (stock code: 812.HK) on the Stock Exchange of Hong Kong ("HKEX") has marked a major milestone for the Company to tap Hong Kong and international capital markets.

Founded in 1988, the new listing, Get Nice Financial Group Limited ("Get Nice Financial") (stock code: 1469.HK), has been spun off by Get Nice Holdings Limited (stock code: 064.HK). Get Nice Financial is a renowned financial services provider in Hong Kong with a leading position in brokerage services and securities margin financing services. Get Nice Financial was listed on the Main Board of HKEX on 8 April 2016 and raised proceeds of HK$508 million. On the first trading day, after reaching a high of HK$1.11, the share price closed at HK$1.05, 5% above its offer price of HK$1.

After receiving the spin-off approval by HKEX, Southwest Securities International's investment banking team spent just over two months in preparation to successfully submit a listing application to HKEX on 30 September 2015 with continuous efforts. In the subsequent nearly six months, Southwest Securities International managed IPO-related matters for Get Nice Financial and maintained effective communications with the regulators, ultimately ensuring that company's successful listing.

After the completion of its first IPO project, Southwest Securities International will continue to focus on providing corporate financing services for quality SMEs with high future growth potential. With the recruitment of new talent, the investment banking division of Southwest Securities International will possess full service licenses. Its scope of business will expand from financial advisory services for listing, corporate mergers and acquisitions and the compliance and independent financial advisory business to financial advisory services for general offer and ancillary equity acquisition financing services. Thus Southwest Securities International will provide comprehensive corporate financing services for its customers.

As a Chinese investment bank, Southwest Securities International is well positioned to optimise the opportunities presented by the corporate culture, systems and future development direction of Mainland China. By leveraging the vast network and resources of its parent company Southwest Securities (stock code: 600369.SH) in Mainland China, Southwest Securities International can optimise its competitive edge to explore collaboration with quality customers and build a complete investment banking industry chain with the aim to become the preferred partner of customers in Greater China and Southeast Asia.

Media Enquiries:
Corporate Communication
Southwest Securities International
Email: corporate_comm@swsc.hk

Strategic Financial Relations (China) Limited
Email: sprg-swsi@sprg.com.hk



Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Rohingya Refugees from Myanmar: Negotiating a Better Life

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A Rohingya woman and her child standing near a fishing village in Teknaf, Bangladesh - home for many undocumented refugees. (Credit: Kazi Fahmida Farzana)

Rohingya refugees living in a camp in Bangladesh have developed a multi-dimensional social fabric that is more complex than the common refugee narratives depicted in some reports.



Selangor, Malaysia, Apr 12, 2016 - (ACN Newswire) - The Rohingya are an ethnic minority group from Myanmar, many of who have been displaced to surrounding countries due to targeted military violence against them. Kazi Farzana from the Universiti Utara Malaysia spent six months observing and interviewing 30 refugees in the United Nations High Commissioner for Refugees' (UNHCR) Nayapara camp, located in the southernmost part of Bangladesh on the border with Myanmar. The camp has been home to an estimated 18,500 refugees since 1991.

Reports by international agencies have documented the deplorable living conditions of Rohingyas in refugee camps. But the narratives, says Dr. Farzana, leave out the refugees' perception of their own lives. Despite the limitations of camp life, Dr. Farzana found the youth have managed to develop strong negotiation and basic survival skills.

Her paper, published in the Pertanika Journal of Social Sciences & Humanities, addresses the dynamics of dispute and collaboration among the camp's refugees and with the government and UNHCR personnel responsible for its management.

Dr. Farzana interviewed youth above the age of 25 and found they were in a constant struggle to establish their basic human rights. Although given basic food and shelter, they are not provided with education beyond the primary level. They are also prohibited from gathering in groups larger than five, leaving the camp without official permission, and working in the local villages. The Bangladeshi government maintains strict control over the camp and allows the UNHCR, the main aid agency working in the camp, very limited freedom to provide basic services.

Despite these difficulties, some youth have found a way to work within the camp selling vegetables and weaving fishnets, for example, while others have managed to illegally find work outside the camp, such as fishing, farming and other low-skilled labour. This involves developing relationships with the camp's authorities and paying them bribes so they can temporarily leave the camp.

The Rohingya youth also use song and art to document their reflections on their lives and beliefs, and to maintain a connection to their identity.

Power blocs and interest groups exist within the camp and mediate between the refugees on the one hand and government and aid agencies on the other.

"The clearer picture that emerges from this everyday experience of camp life is the systematic and constant reminder that the refugees are outsiders and foreign in origin," writes Dr. Farzana. As a result, she says, their identity of "otherness" is constantly reinforced.

Dr. Farzana recommends that future research looks in greater detail at the plight of female refugees and the multiple forms of violence they face. Researchers should also investigate claims of radicalization among some Rohingya refugees. Finally, she recommends comparative international research on issues of statelessness and the politics of identity among refugees and exiled communities. "The Rohingya case is far from being an isolated issue, and Myanmar and Bangladesh are far from being the only states to be implicated in matters of forced migration," she says.

For further information, please contact:

Dr. Kazi Farzana
School of International Studies, Universiti Utara Malaysia
E-mail: fahmida@uum.edu.my

About Pertanika Journal of Social Sciences & Humanities (JSSH)

Pertanika Journal of Social Sciences & Humanities (JSSH) is published by Universiti Putra Malaysia in English and is open to authors around the world regardless of nationality. It is published four times a year in March, June, September and December. Other Pertanika series include Pertanika Journal of Tropical Agricultural Science (JTAS), and Pertanika Journal of Science & Technology (JST).

JSSH aims to develop as a pioneer journal for the social sciences with a focus on emerging issues pertaining to the social and behavioural sciences as well as the humanities. Areas relevant to the scope of the journal include Social Sciences - Accounting, anthropology, Archaeology and history, Architecture and habitat, Consumer and family economics, Economics, Education, Finance, Geography, Law, Management studies, Media and communication studies, Political sciences and public policy, Population studies, Psychology, Sociology, Technology management, Tourism; Humanities - Arts and culture, Dance, Historical and civilisation studies, Language and Linguistics, Literature, Music, Philosophy, Religious studies, Sports.

The journal publishes original academic articles dealing with research on issues of worldwide relevance. The journals cater for scientists, professors, researchers, post-docs, scholars and students who wish to promote and communicate advances in the fields of Social Sciences & Humanities research.

Website: http://www.pertanika.upm.edu.my/

The paper is available from this link:
http://www.pertanika.upm.edu.my/regular_issues.php?jtype=3&journal=JSSH-24-1-3

For more information about the journal, contact:

The Chief Executive Editor (UPM Journals)
Head, Journal Division, UPM Press
Office of the Deputy Vice Chancellor (R&I)
IDEA Tower 2, UPM-MDTC Technology Centre
Universiti Putra Malaysia
43400 Serdang, Selangor
Malaysia.
Phone: +603 8947 1622 | +6016 217 4050
Email: nayan@upm.my

Press release distributed by ResearchSEA for Pertanika Journal.


Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

HKTDC Electronics Fair and ICT Expo Open in Hong Kong

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Asia-Leading Industry Event Highlights Robotics & Smart Products



HONG KONG, Apr 13, 2016 - (ACN Newswire) - The HKTDC Hong Kong Electronics Fair (Spring Edition), the largest spring electronics event in Asia, and the concurrent HKTDC International ICT Expo opened today and continue through 16 April at the Hong Kong Convention and Exhibition Centre (HKCEC). Organised by the Hong Kong Trade Development Council (HKTDC), the twin fairs welcome a total of more than 3,400 exhibitors from 24 countries and regions, showcasing the latest technology, smart products and local creative technologies.

To foster more business opportunities, over 170 buying missions are organised to bring more than 12,700 international buyers from 8,500 companies to the two fairs, including major importers and distributors in the international markets, such as Best Buy from the United States, Carrefour from France, Irmaos Muffato from Brazil, Ribeiro S.A. from Argentina, Beijing Capital Retailing Group Co., Ltd. from the Chinese mainland, Singer from Thailand, Arjuna Elektronik from Indonesia and Boulevard IT Superstore Sdn Bhd from Malaysia.

In view of the demand for sourcing in small orders, the hktdc.com Small Orders display features more than 300 showcases with some 3,000 products, available in minimum order quantities from five to 1,000 pieces. The hktdc.com Small Orders Online Transaction Platform is also available at http://smallorders.hktdc.com for global buyers to source products and complete transactions online, featuring over 110,000 products from more than 9,000 suppliers.

Electronics Fair showcases IoT, smart products and robotics

Now in its 13th edition, the Electronics Fair (Spring Edition) is the largest spring electronics event in Asia with more than 2,800 exhibitors from 20 countries and regions taking part, including new participants from Austria, Liechtenstein and Russia. Major electronics production centres such as the Chinese mainland, Korea and Taiwan have also set up their own pavilions. The HKSAR Government's latest Budget for 2016/17 specifically promotes smart production and research. As robotics can enhance production efficiency and quality, this sector is attracting much attention in the market and has become a major feature at the fair. The Robotics & Unmanned Tech zone is presenting the latest models of remote controlled airborne cameras and robots, including smart robots that do not require traditional programming and can be easily trained to handle different tasks.

Given the rapid developments in the application of Internet of Things (IoT) technology, the Connected Home zone returns to the fair showcasing a wide range of smart home automation products with IoT applications. These include a smart Wi-Fi digital photo frame that allows users to update photos from anywhere via a mobile App, and a smart Wi-Fi video door phone. Wearable tech is another hot industry trend, and the popular Wearable Electronics zone has the latest wearable tech products. A new addition to this year's fair is an iAccessories zone presenting the latest mobile devices' smart accessories, bags, screen protectors, stylus pens and mobile chargers. Other zones in the fair include 3D Printing, Audio Visual Products, Healthcare Electronics and many more, all conveniently categorised for easy sourcing.

A favourite among buyers, the Hall of Fame gathers more than 570 renowned international brands, including Bigben, Bougini, Desay, Haier, Hubble, Hyundai, Intel, Motorola, Polaroid and local brands such as Momax and Odoyo.

International ICT Expo gathers latest ICT solutions

Under the umbrella of the International IT Fest 2016, the International ICT Expo is a major event featuring close to 600 exhibitors from 11 countries and regions, including new participants from Brunei, France and the United Arab Emirates. The new E-Commerce zone showcases a range of e-commerce technology and related services such as platforms, third-party payment, IT infrastructure, system integration and process management. Moreover, the Hong Kong Electronics & Technologies Association is joining the expo for the first time, with members presenting the latest IoT solutions so as to inspire manufacturers to produce new smart products.

The expo provides the ideal platform for start-up companies to present their solutions for different industries and meet with investors for potential business opportunities through the IT Start-ups Investment Matching Gathering. The Office of Government Chief Information Officer (OGCIO) presents an iStartup@HK pavilion to showcase products and ideas from local start-up companies. Incubators including Cyberport and the Hong Kong Science & Technology Parks Corporation are also presenting products from start-ups. Meanwhile, another highlight of the fair is Apps Zone, where the latest mobile Apps developed by students and alumni of local tertiary institutions can be found. Throughout the fair period, the SME IT Clinic is offering free on-site professional consultation services conducted by representatives of leading IT corporations including Alibaba and Yahoo to help companies select appropriate IT solutions.

Other themed zones in the expo include Business Apps on Cloud & Mobile, Digital Marketing, E-commerce, E-logistics & Retail Technologies, Enterprise Solutions & IT Outsourcing, Smartphone & Tablet, and Telecom, Network & Data Centre. To focus on different services and events, there is a particular event theme on each day of the expo: IoT, e-Payment/O2O, wireless technology and IT start-up.

One of the highlights at the ICT Expo is today's Internet Economy Summit, which explores the future development of the Internet economy and provides a platform for celebrated industry experts and leaders of innovative technology enterprises from the East and West to interact and share insights. The summit features topical issues shaping the Internet economy such as global technology trends shaping business strategy, Big Data and IoT as well as Internet-led economic growth on the Chinese mainland and beyond. Speakers are renowned experts and world leaders from ICT enterprises such as Alibaba Group, Facebook, Microsoft and Xiaomi, amongst others.

Sharing by technology thought leaders

A total of more than 40 seminars and networking events are organised during the two fairs. Today's (13 April) events cover such topics as "Latest Trends in Consumer Electronics", "Gateway to the World: The Power of e-Payment", "Turning Digital Followers into Real Dollars" presented by Yahoo, and the IT Start-ups Investment Matching Gathering. Tomorrow (14 April), events will be held on the themes of "Latest Trends Shaping the Wearable Electronics Industry", "Market Potential along Belt and Road", "How e-Payment and O2O Revive Retail Industry", "Internet Finance and Technology Innovation of China & Hong Kong" and "IT @ Re Industrialisation". Other seminars include "Intel Corporation: The Growing China Technology Ecosystem - Victories, Challenges and Opportunities", "Maker and Innovation - New Vision in Robotics", and "The Next Wireless Innovation" on 15 April, while the final day of the fair (16 April) will present the seminar on "An Inside Look at Hong Kong's Fintech Startups" and "Hong Kong Internet Finance Summit 2016". The Hong Kong ICT Awards 2016 winners will also present their solutions throughout the fair period.

Photo Download Link: http://bit.ly/1SMiZqb

Fair Websites:
Hong Kong Electronics Fair (Spring Edition): www.hktdc.com/hkelectronicsfairse
International ICT Expo: www.hktdc.com/ictexpo

Media Registration: Media representatives wishing to cover the event may register on-site with their business cards and/or media identification.

To view press releases in Chinese, please visit http://mediaroom.hktdc.com/tc

About HKTDC

A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and services providers. With more than 40 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in overseas markets, while providing information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc, LinkedIn.

Google+: https://plus.google.com/+hktdc
Twitter: http://www.twitter.com/hktdc
LinkedIn: http://www.linkedin.com/company/hong-kong-trade-development-council

Contact:
HKTDC Communication and Public Affairs Department Joe Kainz Tel: +852 2584 4216 Email: joe.kainz@hktdc.org

Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Singapore-listed Sino Grandness Looking to List Subsidiary Garden Fresh in HK

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HONG KONG, Apr 13, 2016 - (ACN Newswire) - SINGAPORE mainboard-listed Sino Grandness Food Industry Group is looking to list its most profitable business in Hong Kong.

It has submitted an application on March 31 to the Hong Kong Stock Exchange (HKSE) to list its wholly owned subsidiary Garden Fresh Group, a Sino Grandness filing published the same day showed. Singaporean bank DBS is the sole sponsor of the listing.

"Having Garden Fresh listed on the HKSE puts us closer to its main customer base, and gives us an additional platform to tap into equity and capital," said chairman and chief executive officer of Sino Grandness Jack Huang in Mandarin on Tuesday in an interview with The Business Times.

"It really is the icing on the cake," he added.

Upon completion of the spin-off, Sino Grandness is expected to directly own, through its subsidiary Grandness HK, 63.96 per cent of the issued share capital of Garden Fresh, the HKSE application documents show.

At the same time, bondholders of Garden Fresh, which include Goldman Sachs, have the option to exchange 370 million yuan (S$77 million) worth of convertible bonds into shares of the newly-listed company.

There are also plans to change the name of Garden Fresh to "Grandness Group" or any other name Sino Grandness deems appropriate, Sino Grandness said in its March 31 announcement.

Sino Grandness began as a canned food producer catering mainly to Europe. It then ventured into the beverage business after getting listed on the Singapore Exchange (SGX), first introducing loquat juices under the Garden Fresh brand in 2010.
Garden Fresh now accounts for about 70 per cent of Sino Grandness' turnover, Mr Huang noted.

Last year, Garden Fresh juices represented 86.3 per cent of the 4.7 billion yuan loquat juice market in China. The market is expected to grow at a compound annual growth rate of 23.3 per cent over the next five years, according to market research firm Euromonitor.

Sino Grandness' counter on the SGX rose by one Singapore cent on Tuesday, closing at S$0.67 apiece.


Business Times
http://www.businesstimes.com.sg/companies-markets/singapore-listed-sino-grandness-looking-to-list-subsidiary-garden-fresh-in-hk



Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

TMT Chairman Nobu Su: Did Madoff's Creditors Forget about the Biggest Recovery Claim?

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SINGAPORE, Apr 13, 2016 - (ACN Newswire) - Nobu Su, an Asian shipping tycoon and inventor, who have recently filed a claim in Singapore earlier this year against RBS, Fred Goodwin and others, who made RBS arguably the world's largest bank in the last decade, believes that others might learn from his approach.

The TMT Chairman believes Madoff's creditors and Greek ship-owners, who he thinks might also have been defrauded in their respective cases, may be among the ones who are most likely to be interested in following his case. Bernard Madoff, a disgraced former Chairman of the Board of NASDAQ, was sentenced to 150 years for orchestrating US$64 billion Ponzi scheme, the largest in history.

While Su declined to talk about his claim in Singapore, he said it is likely that other accounts were "hijacked" in the same manner as he alleged his company to have suffered, in order to help save some of the banks. He continued, "I believe that my own account was manipulated to fund the Primary Dealer Credit Facility (PDCF) during the financial crisis in 2008".

He added, "My theories and suspicions have developed over time upon close examinations of the possible connections among the causes of the financial crisis, the timing of my business having received a margin call from RBS based on miscalculations to the tune of tens of millions of US dollars and the business dealings between RBS, one of the largest banks in the UK, and JP Morgan Chase, one of the largest banks in the US."

He went on to explain that Amanda Galloway, who was then a shipping relationship manager of RBS, advised after the miscalculation of the margin of TMT's account was found out that RBS would risk being sued if they tried to close out the positions and that TMT had been misinformed of the true position. Meanwhile, James Travis, a derivative specialist, who worked at RBS and served Su's company accounts in Singapore at the time, moved on and works at HSBC now. Su said, "He is still in my sights."

Amanda Galloway now works at Clarksons PLC, where the Head of Greek Market Vassilis Karakoulakis, who brokered trades for one of Mr Su's companies also works. When asked about Mr. Karakoulakis, Su said "Mr. Karakoulakis once told me to send emails to his private yahoo email account for one particular deal he was working on for one of my companies. This is odd because he was an approved person by the FCA and he worked for a listed company. I asked why but did not receive a satisfactory explanation."

He concluded, "Today's the Panama Papers disclosures are only the tip of a giant iceberg of the global financial corruption, which is already sparking outrage worldwide. Thanks to the work of close to 400 journalists in more than 70 countries, those secrets are no longer secrets. These journalists now need to come forward and report the truth about the 2008 PDCF scandal, which ought to be addressed by Hillary Clinton, Bernie Sanders and Donald Trump, the front-runners of the US presidential election."

For press enquiries:
inquiryreport@tmtship.com



Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

SGX-listed Sino Grandness to List Beverage Unit in HK

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HONG KONG, Apr 14, 2016 - (ACN Newswire) - Mainboard-listed Sino Grandness, the manufacturer of canned fruit and vegetables, plans to take its beverage unit public in Hong Kong, as the company plans to be closer to mainland China where surging demand is luring companies to raise capital in the territory.

Sino Grandness Food Industry Group chose Hong Kong because the market for fruit-based drinks made by its unit is in China, chairman Huang Yupeng told reporters. Demand for the products made by Garden Fresh Group Holding is growing fast and accounts for 70 per cent of revenue, he said on Tuesday.

Rising incomes and urbanisation in China have stoked demand for everything from cars to refrigerators and food. The government is shifting the economy away from state investment to a consumption-led model, a move that may further fuel sales.

From The Straits Times Singapore, http://bit.ly/1SNmexi.


Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Inaugural Forum: Hong Kong Cross-Border E-Commerce 2016

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The "Hong Kong Cross-border e-Commerce Forum" brings together a number of industry experts to discuss the related opportunities and challenges under the theme of "Statistics of cross-border e-commerce"

E-Trading Trends and Opportunities in Free Trade Zones Explored



HONG KONG, Apr 15, 2016 - (ACN Newswire) - Since the Central Government in Beijing began implementing the "Internet Plus" strategy last year, cross-border e-commerce has been developing at an accelerating pace. In response to this trend, the International ICT Expo (13-16 April), organised by the Hong Kong Trade Development Council (HKTDC) at the Hong Kong Convention and Exhibition Centre, has incorporated a number of new elements related to e-commerce. Among them is the inaugural "Hong Kong Cross-border e-Commerce Forum 2016" (14 April), which invited a number of industry experts to discuss the opportunities and challenges under the theme of "Statistics of cross-border e-commerce". The three-in-one platform for payment, shopping and logistics for cross-border e-commerce businesses was the focal point of the forum.

Strengthening supply chains to enhance competitiveness

At the forum, Vice Chairman of the HKCBEA, Clement So, unveiled the "Initial Report on the Studies of Hong Kong Cross-border E-Commerce". He stated that Hong Kong's e-commerce has thrived due to the city's extensive experience in this sector thanks to a conducive free trade environment, as well as its diverse range of brands. He predicted that online shopping will continue to grow rapidly this year, and suggested that young people acquire a broader understanding of global market trends. Meanwhile, the government should allocate more resources to formulate relevant industry standards and offer assistance to small- and medium-sized enterprises, which would strengthen the city's supply chain and the niche sectors of various industries.

Tremendous growth potential for Sino-Russia e-commerce

General Manager and Chief Operating Officer of the Beijing-based PayEase, Kino Kwok, noted that use of the Internet is increasingly popular in the Chinese mainland and Russia. While the total transaction amount of online sales reached US$10.5 billion, retail accounted for just two per cent of the total figure, with only 50 online shopping websites recording a total transaction amount of RUB4 billion or above. This points to tremendous room for growth for cross-border e-commerce in Russia. As well as introducing the China-Russia e-commerce platform TradeEase, he also spoke of different channels for developing business in the Russian market such as using localised text, employing Russian experts to oversees logistics, owning local servers, offering local customer service to increase customer loyalty, and utilising both online and offline marketing.

Pros and cons of new policy on cross-border commerce

Senior Business Development Manager of PayEase, Edwin Ma, pointed out that the Chinese government announced its new policy on cross-border e-commerce on 8 April. In addition to analysing the difference between the old and new policies, he also addressed the issues presented by the new policy. "'The Cross-border E-commerce Retail List of Imported Goods' was published at 9pm, 7 April, though it was implemented at the midnight of 8 April," said Mr Ma. "Consequently, goods that were already in the bonded area at the time of its announcement, but not included on the list, were not allowed to leave the area. Those goods with an imminent use-by date were to be destroyed." He also offered his analysis on other policy changes related to imports, such as tax rates.

Key to success

Speaking on the subject of "Cross-border O2O Integrated Solutions Plan," Sha Qingping, Chairman of Rennibi E-commerce Technology Ltd based in Qianhai, Shenzhen, explained that a company's cross-border e-commerce platform is comprised of 12 sub-systems. He spoke about the 12 steps of founding a cross-border e-commerce company, from registration to launching its e-commerce channels. He also discussed the distribution models of cross-border e-commerce businesses including "tiered distribution", "distribution for multi-channeled orders" and "customs verification of customer order, payment processing and logistic information". He concluded that the key to cross-border e-commerce success lies in "the joining of forces to seize business opportunities".

Privacy and security of mobile app downloads

In spite of rapid technological advancement, the issues of privacy and security of mobile apps are often overlooked. As Jerald Ray, Executive Vice President for Asia Pacific of Tech Star Communication Ltd remarked, the use of mobile messaging apps and the download of mobile apps involve issues of privacy and security. He also pinpointed the significant risk in users granting apps permissions when they download mobile apps. "It's like putting your life in someone else's hand," he said.

Qianhai to become a smart port

In her remarks, Huang Lifang, Assistant General Manager of Qianhai International Liaison Services Ltd, spotlighted the procedures of company registration in Qianhai and offered her thoughts on "Opportunities in Cross-border E-commerce in Qianhai". She stressed that "Qianhai seeks not to replace Hong Kong, but to add value to it." She noted that Qianhai is striving towards becoming a "smart port". At present, 3,000 Hong Kong enterprises are based in Qianhai, with the 15 per cent tax rate being the most attractive incentive. Financial subsidies and talent matching services in Qianhai also bring various benefits to Hong Kong enterprises.

Defining Free Trade Areas

Drawing on his experience, Former Grade Three Customs Overseer of the General Administration of Customs, Bao Huazha, elaborated on the differences between the three types of free trade areas, including free trade area (broadly defined), free trade zone (narrowly defined) and special customs supervision areas, as mentioned in the Third Plenary sessions of the Central Committee and in the "Free Trade Area and Special Customs Supervision Areas". He concluded by discussing the special areas, e-commerce and the impact of tax adjustment.

Zero Tolerance of counterfeits vital to e-commerce success in China

With its rapid upswing, the total value of online retail sales in the mainland reached Rmb 3,800 billion in 2015. The forum invited Han Cong, Business Division General Manager of jd.hk (Clothing and Household Goods), which is owned by the world's ninth-ranked online shopping website JD.com, to share her insights on the topic of "Breakthrough in 2016". She said that jd.hk regards quality assured products as the key to success. To guard against counterfeits among its offerings, the company launches and enforces a number of "zero tolerance" initiatives every year, including irregular inspection and rigorous supervision of sourcing channels.

Fair Websites:
Hong Kong Electronics Fair (Spring Edition): www.hktdc.com/hkelectronicsfairse
International ICT Expo: www.hktdc.com/ictexpo

Photo Download: http://bit.ly/1SPhyHl

Media Registration: Media representatives wishing to cover the event may register on-site with their business cards and/or media identification.

To view press releases in Chinese, please visit http://mediaroom.hktdc.com/tc

About HKTDC

A statutory body established in 1966, the Hong Kong Trade Development Council (HKTDC) is the international marketing arm for Hong Kong-based traders, manufacturers and services providers. With more than 40 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China and throughout Asia. The HKTDC also organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in overseas markets, while providing information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc, LinkedIn.

Google+: https://plus.google.com/+hktdc
Twitter: http://www.twitter.com/hktdc
LinkedIn: http://www.linkedin.com/company/hong-kong-trade-development-council

Contact:
HKTDC Communication and Public Affairs Department Joe Kainz Tel: +852 2584 4216 Email: joe.kainz@hktdc.org

Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Annual Report on Form 20-F for Fiscal Year 2015 of Aluminum Corporation of China Limited Now Available

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BEIJING, Apr 18, 2016 - (ACN Newswire) - Aluminum Corporation of China Limited (the "Company"; NYSE "ACH"; SEHK "2600"; SSE "601600") announces that the Company's annual report for the 2015 fiscal year filed with the SEC on April 15, 2016 can be accessed via the following link:
http://www.chalco.com.cn/zlgfen/rootfiles/2016/04/16/1460751495912426-1460751495914893.pdf

A paper copy of the Company's complete annual report will be provided to any shareholder without charge upon written request to Aluminum Corporation of China Limited at No. 62 North Xizhimen Street, Haidian District, Beijing, PRC 100082.

Background information:

Aluminum Corporation of China Limited is a leading enterprise in non-ferrous metal industry in China. The scope of business of the Company primarily includes bauxite and coal mining, alumina refining, primary aluminum smelting, trading of alumina, primary aluminum, other non-ferrous metal products, coal products and raw and ancillary materials in bulk and power generation. The Company was established as a joint stock limited company incorporated in the People's Republic of China. The Company's American Depository Shares and H Shares are listed on the New York Stock Exchange, Inc. and the Stock Exchange of Hong Kong Limited respectively. The Company's A Shares are listed on the Shanghai Stock Exchange.

For further queries, please visit http://www.chalco.com.cn



Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Bureau Veritas and AsureQuality Investment in Dairy Technical Services

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Neuilly-sur-Seine, France, Apr 18, 2016 - (ACN Newswire) - Bureau Veritas S.A and New Zealand state-owned-enterprise AsureQuality, have entered into an agreement for the purchase of Dairy Technical Services (DTS), an Australian market leader in the provision of food testing services.

Bureau Veritas Group CEO Didier Michaud Daniel says, "Bureau Veritas recognise the strength of the DTS business which, by contracting with Australia's largest dairy processors and food companies, gives an excellent foot print for our entry into the food testing market in Australia.

"Partnering with AsureQuality, who previously owned 25.4% of DTS, ensures we maintain the technical excellence and customer focus that has driven DTS' success".

AsureQuality CEO John McKay says, "This acquisition is an important strategic move for AsureQuality in building our capability and better servicing the needs of our customers.

"Partnering with Bureau Veritas, a global leader in testing, inspection and certification that is looking to increase its interests in the food service business, will strengthen both parties' capacity to help our clients meet the growing challenges of quality and safety in the food supply chain".

The agreement is subject to pre-completion conditions typical for a transaction of this nature.

Bureau Veritas was advised by Miles Advisory Partners, AsureQuality was advised by Cameron Partners Ltd, and King & Wood Mallesons provided legal advice to the purchasers. Deloitte advised on financial due diligence.

For further information or media inquiries please contact:

Laurent Louail
Pacific Senior Vice President, Bureau Veritas
Phone: +61 399 220 767
Email: laurent.louail@au.bureauveritas.com

or

John McKay
Chief Executive Officer, AsureQuality
Phone: +64 27 668 8957
Email: john.mckay@asurequality.com

About Bureau Veritas

Bureau Veritas is a world leader in laboratory testing, inspection and certification services. Created in 1828, the Group has 66,000 employees located in 1,400 offices and laboratories around the globe. Bureau Veritas helps its clients improve their performance by offering services and innovative solutions in order to ensure that their assets, products, infrastructure and processes meet standards and regulations in terms of quality, health and safety, environmental protection and social responsibility. Bureau Veritas is listed on Euronext Paris and belongs to the Next 20 index. Compartment A, ISIN code FR 0006174348, stock symbol: BVI. For more information, visit www.bureauveritas.com

About AsureQuality

AsureQuality is a commercial company 100% owned by the New Zealand government. It provides food safety and biosecurity services to the food and primary production sectors worldwide. Every day its experienced team of 1700 experts based at over 60 locations throughout Australasia, Singapore and the Middle East works alongside customers in over 40 countries to assure the safety and quality of food being produced for millions of people. Its skilled staff and extensive accreditations enable it to audit, inspect, verify and certify food safety and quality and management systems from the farm right to the supermarket shelf. Visit us at www.asurequality.com

BV_DTS: http://hugin.info/157419/R/2004181/739936.pdf


Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

More than 8,000 Exhibitors Expected at INVEST Fair Malaysia 2016

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A-Maze-ing Website to Help Retail Investors Circumnavigate Investment Opportunities



KUALA LUMPUR, Apr 18, 2016 - (ACN Newswire) - Malaysia's largest investment-oriented exhibition dedicated to retail investors, INVEST Fair Malaysia (IFMY), is set to take place at the Mid Valley Exhibition Centre (MVEC), Level 3, Exhibition Hall 1, from 2 - 3 July 2016.

IFMY 2016 is expected to showcase more than 40 exhibitors consisting of financial institutions, fund management companies, wealth advisors and alternative investment platforms, many amongst other.

Visitors can also look forward to a series of paid and free seminars that are suitable for retail investors of all levels, from beginners to experts. These seminars will be led by notable and renowned investment specialists such as Asia's Top Investment Guru, Hu Li Yang; CEO of The Motley Fool Singapore, David Kuo; Director, Chief Trainer & Coach from Beyond Insights Sdn Bhd, Kathlyn Toh.

The eighth edition of this much-anticipated exhibition will be themed an "A-maze-ing Investment Journey" in tandem with its aim to guide recurring and new visitors in their investment journey by providing a healthy mix of basic investment knowledge and advanced investment strategies.

In conjunction with the upcoming exhibition, Shareinvestor Malaysia also launched its IFMY2016 website http://my.invest-fair.com

The website will contain information on the various speakers throughout the two-day event along with a layout of the Fair for the convenience of participants.

Andrew Chan, Managing Director of ShareInvestor Malaysia, said, "Since our launch in 2008, we are delighted that INVEST Fair Malaysia has played an integral part in increasing the financial literacy levels of investors and traders especially in Malaysia's capital market. The key to a successful investment is knowledge and IFMY 2016 will be the ideal place for beginner and expert investors to learn how to navigate their investment journeys."

"For the first time, visitors to IFMY 2016 will also stand a chance to participate in the 'A-maze-ing Investment Journey Game' where there will be a scoreboard to keep track of the players' scores and the one with the highest score will be presented with an attractive Grand Prize at the event," he concluded.

Admission to IFMY 2016 is FREE. For more details on registration and schedules of seminars, please visit http://my.invest-fair.com/

About ShareInvestor

ShareInvestor is a wholly owned subsidiary of Singapore Press Holdings (SPH). We are the leading financial internet media & technology company that owns the largest investor relations network in Asia. We currently represent more than 500 public listed companies in the region. In addition, ShareInvestor provides market data tools and financial applications to institutional and retail investors. We also manage the largest independent financial portal in Singapore and Malaysia.

With more than 8,000 paying subscribers for our financial products and services, and an average 400,000 unique visitors monthly across our online properties, ShareInvestor provides an ideal platform for online advertisers to reach out to our investing community. ShareInvestor operates in Singapore, Malaysia and Thailand. For more information please see www.ShareInvestorHoldings.com.

Contact:
Michael Poh at +60 12 395 5202 I-Mae Liew at +60 12 383 5688

Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Possible Strategic Cooperation between C.banner and Nanjing Xinjiekou

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Achieve Greater Synergy; Establish a Global Premium Retail Platform



HONG KONG, Apr 19, 2016 - (ACN Newswire) - C.banner International Holdings Limited, ("C.banner" or the "Company", together with its subsidiaries, the "Group", stock code: 1028.HK), the leading international integrated retailer and the second largest retailer of mid-to-premium women's formal and leisure footwear in the PRC, is pleased to announce that the Company and Nanjing Xinjiekou Department Store Co., Ltd. (600682.SH) ("Nanjing Xinjiekou"), a leading chain of luxury Chinese department stores focused on fashion and accessories, are in discussions to explore business cooperation opportunities in relation to Highland Group Holdings Limited ("Highland Group"), principally engaged in the operation of the iconic and one of the leading national department store brands "House of Fraser" in the UK and Ireland. The possible strategic cooperation may eventually lead to an acquisition by the Company of an interest in Highland Group from Nanjing Xinjiekou.

As the leading international integrated retailer and a leading retailer of mid-to-premium women's formal and casual footwear in the PRC, C.banner considers a strong brand as an exceptionally powerful resource in delivering a competitive advantage in terms of the marketing and sales of product, which is clearly evidenced by its self-developed brands such as C.banner, EBLAN, sundance and MIO. Mr. Chen Yixi, Chairman of C.banner remarked, "We are glad to be in discussions on a possible strategic cooperation with Nanjing Xinjiekou, which owns and operates the iconic and leading national department store brand House of Fraser. This is a continuation of the implementation of the Company's global branding strategy following our recent acquisition of Hamleys ("Hamleys"), one of the world's best-known retailers of toys. We believe this could further develop and diversify our business by leveraging on the brand recognition effect of world-renowned brands and achieving greater synergy among them."

The Company is planning to open the first Hamleys' flagship store in Nanjing in mid-September 2016 and is in discussions with House of Fraser Group Limited, a subsidiary of Nanjing Xinjiekou, to explore a cooperation arrangement with Oriental Fraser Department Store, which will provide a site for the Company to operate the first Hamleys' flagship store in the central business district in Nanjing and provide centralized management services in return for a concession fee. Hamleys' first flagship store will serve as a template for its future store expansions in the PRC as the Company seeks to replicate and introduce the unique Hamleys in-store experience through interactive playtime, events and special demonstrations to its customers and broaden its product offerings for children and their families, catering to the PRC's latest two-child policy. The strategic cooperation will allow the Company to leverage both its position and experience in the retail industry as well as the addition of the Hamleys brand to actively explore areas of cooperation among the respective existing businesses of Highland Group and of the Company, with a view to create a global premium retail platform, which could facilitate Company's integration of online and offline channels and drive revenue.

The Company will also look to establish in-depth cooperation with Highland Group to leverage on its retail platform to enhance the distribution potential of the Company and further increase and develop the Company's brand offerings across different retail formats and multiple channels; enhance the competitive edge of the Company for the affluent consumer with a broader brand portfolio and larger distribution network; capitalize on potential brand acquisitions and licensing opportunities as well as to form strategic alliances and/or joint ventures with other retail brand companies, particularly in segments or products where the Company currently does not offer; share significant know-how in markets which the Company and the Highland Group are already in so as to identify opportunities for strategic expansion of new retail outlets and department stores; achieve greater bargaining power by jointly negotiating with new and existing suppliers and landlords and improve IT spending and corporate functions efficiencies through cost-saving initiatives including shared services and back office combinations, which in turn will enhance the Company's competitive strengths and create new areas of growth for the Company's business operations.

Mr. Chen concluded, "Looking ahead, C.banner will be able to further diversify its revenue sources, expand on its brand offerings and awareness and bring synergistic effects to both our business and the business operations of Highland Group under the possible strategic cooperation. Our global branding strategy will continue to consolidate and shape C.banner as an international integrated retailer with a multi-brand portfolio."



Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

JCB Donates 10 Million Japanese Yen to Kyushu, Japan Earthquake Relief

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TOKYO, Apr 19, 2016 - (ACN Newswire) - JCB Co., Ltd. (JCB), the only international payments brand based in Japan, announced that it contributed 10 million Japanese yen to support relief and recovery in the areas affected by the earthquake that struck Kyushu, Japan on April 14 2016.

JCB expresses its sincere condolences to the victims of the earthquake, and hopes for the soonest possible recovery of the people in Kyushu.

About JCB

JCB is a major international payments brand and a leading payment card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 30 million merchants and over a million cash advance locations in 190 countries and territories. JCB cards are now issued in 20 countries and territories, with more than 93 million cardmembers. As part of its international growth strategy, JCB has formed alliances with more than 350 leading banks and financial institutions globally to increase merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to provide responsive and high-quality service and products to all customers worldwide. For more information, visit: www.jcbcorporate.com/english

Note: JCB statistics included About JCB are as of the end of December 2015.

Contact
JCB Co., Ltd.
Ayako Tanaka
Brand Business
Phone: +81-3-5778-8390
Email: jcbinternational-pr@info.jcb.co.jp


Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

GSR Capital forms $1B Cornerstone Fund

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New GSR GO Global Fund Will Focus on Building a World-Class Lighting Industry



BEIJING, Apr 19, 2016 - (ACN Newswire) - (Quoted from media in China) GSR Capital announced today the formation of a one billion USD cornerstone fund, "GSR Go Global Fund", with Limited Partners from Chinese leading high-tech companies, Taiwan industrial group, and world renowned entrepreneurs. The aim is to invest and build a world-class lighting industry through global acquisitions of leading LED lighting assets. The fund has already been oversubscribed and agreements have been signed by anchor Limited Partners. Industry experts Dr. Frank Fan and Mr. Jianghua Su will join the core general partner team.

GSR Capital has extensive experience in investments within the entire value chain of LED lighting. As the industry is shifting from conventional lighting to LED technology, and the global manufacturing value chain has consolidated, several world leading lighting businesses, including Philips Lighting and Osram Lighting, have recently been put on the market for sale. "These types of buyout deal are a rare opportunity for China's solid state lighting industry, to not only accelerate its globalization process, but also to improve its R&D and manufacturing capabilities," said Ms. Baiyu GUAN, General Secretary of China LED Industry and Application Association.

"M&A creates a synergistic effect by combining global distribution channels, consolidating supply chain, increasing capacity utilization, and achieving economies of scale. These impacts eventually all lead to a much-improved competitive position in the global LED lighting industry," added Ms. Ling WU, Chairwoman of International Solid State Lighting Alliance, General Secretary of China Solid State Lighting Alliance.

GSR Capital is a leading participant in these buyout deals. GSR Capital's team has deep domain knowledge of the LED lighting industry in China and around the world. With the formation of the new cornerstone fund and through the acquisition of LED lighting assets, GSR Capital is confident that it will build world-class LED enterprises with its partners capable of transforming and reshaping the lighting industry.

"To align with the supply-side reform strategy in China, it is important for China enterprises to invest in R&D, improve IP positions, build reputable brands, and set up stable global channels," remarked Mr. Sonny Wu, Founder and Managing Director of GSR Capital. "China offers not only a large and growing market, but also a great pool of R&D talent and a strong manufacturing base. We strongly believe there is a great opportunity to build the next leading LED lighting enterprise in China that will dramatically improve products and services, increase operational efficiency and significantly reduce overall cost. By doing so, we will accelerate the world's conversion to more energy efficient and environmentally sustainable lighting."
About GSR Capital

GSR Capital believes in "Building World-Class Technology Industries in China" and focuses on industrialization of mature technology investment and high-growth emerging industry sectors. Combining highly advanced technology and powerful market force of China, GSR Capital is gaining cross-border capital arbitrage and technical achievement arbitrage while successfully achieving large-scale development of the some of the world's leading industries. GSR Capital has offices in Beijing, Hong Kong and Silicon Valley.



Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Nurbaya Initiative and PT. Pos Target 2 Million Online Indonesian SMEs

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Central Java, INDONESIA, Apr 19, 2016 - (ACN Newswire) - President Joko Widodo visited the Nurbaya Initiative booth during his working visit at the Joint Action Program for Local Economy in Desa Larangan, Brebes, Central Java, on April 11.

On this opportunity, President Jokowi was given a general overview of the cooperation between Nurbaya Initiative and PT. Pos Indonesia (Persero) in building an e-Commerce platform for 2 million SMEs in Indonesia, and an online shopping system on e-Kiosk, available at 4,000 PT. Pos local branches throughout Indonesia.

In his welcoming remarks, Jokowi highlighted the importance of joint action in building the local economy. "Mutual cooperation and synergy among national and local government, state-owned enterprises, private sectors, and local interests is vital," said Jokowi.

Minister of Communication and Information Rudiantara also voiced his support, and added that this scheme will help local entrepreneurs distribute and market their products.

Nurbaya and PT. Pos will bring along millions of SMEs throughout Indonesia. "The main challenge is how to empower local SMEs to be technologically-savvy, because online marketing is a foreign method to a majority of them."

However, Rudiantara is optimistic the challenge could be overcome. "Entrepreneurs will be assisted by their close friends and relatives," he added.

In relation with digital-based inclusive economy, "Government truly supports grass-roots economic development, and promotes local SMEs in order to be able to compete with imported products in a global market and the AEC," he explained.

Andy Sjarif, founder of Nurbaya Initiative, points out that there are at least 55 million active SMEs throughout Indonesia, however less than 5% are using an online platform. According to Andy, the Nurbaya Initiative plans to bring 2 million SMEs to the online market within the next four years.

"Nurbaya Initiative has developed in order to introduce and bring SMEs, who contribute 55% of GDP, towards the larger market through e-Commerce. Through this platform, SMEs will be able to double their income compared with conventional transactions," he said.

Furthermore, Rudiantara elaborated that advanced technology should not only be concentrated in the urban economy, but should be utilized to positively impact all levels of society.

Prabhu Kumaraj
Media Liaison Officer
Prabhu.kumaraj@gmail.com



Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

Introducing First View: The fastest way to be seen on Twitter

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24 hours at the Top - First View empowers brands to take over timelines with Video



SINGAPORE, Apr 20, 2016 - (ACN Newswire) - Twitter introduces First View in Asia Pacific today, an engaging and highly visible way to share your brand story with compelling video creative across Twitter's massive audience. First View is now available in 29 countries including Asia Pacific markets Australia, India, Indonesia, Japan, Malaysia, Philippines and Singapore.

Asia Pacific is the largest and fastest-growing region for Twitter worldwide, and First View will empower Asian businesses of any size to take their marketing campaigns to the next level using Twitter's platform for real-time, public conversations. Nike Philippines, Samsung Australia and Tata Motors India are among the first advertisers in the region to leverage the feature.

"Audiences today demand video content. With First View, marketers have the ability to connect with their audience through richer forms of communication and creative content, while ensuring that they are constantly top-of-mind on their feeds," said Maya Hari, Senior Director for Product Strategy & Sales, Asia Pacific, Latin America and Emerging Markets. "First View provides advertisers with the opportunity to own the most valuable ad space on our platform on any given day, expanding their reach within a 24-hour period."

GIF: https://www.acnnewswire.com/topimg/Low_Twitter160420.gif

Premium placement, maximum reach

First View helps marketers achieve significant audience reach with exclusive ownership of Twitter's most valuable advertising real estate for a 24-hour period. When users first visit the Twitter app or log in to twitter.com, the top ad slot in the timelines will be a Promoted Video from that brand. Now, marketers can tell a powerful visual story across the Twitter audience.

"Word of mouth is more important than ever. Twitter's First View gives Samsung the opportunity to reach a wide audience to generate buzz and conversation about our new #GalaxyS7 and #GalaxyS7edge smartphones. We are able to hit a broad audience with great video content to help drive social momentum," said Philip Newton, Corporate Vice President & CMO Samsung Electronics Australia.

"Video is one of the hottest topics for all marketers at the moment. We are delighted to see exciting products being launched by Twitter, giving us more opportunities to build great experience for our audience. The ability of using video to generate global conversations and dominate moments of interest with First View opens up a great playing field, and ties in strongly with Mindshare's vision of Adaptive Marketing," said Quentin Perrot, Senior Account Director APAC, MindShare (managing Nike's media strategy in Southeast Asia).

About Twitter

Twitter (NYSE: TWTR) is a global platform for public self-expression and conversation in real time. By developing a fundamentally new way for people to consume, create, distribute, and discover content, Twitter enables any voice to echo around the world instantly and unfiltered. The service can be accessed at Twitter.com, on a variety of mobile devices, and via SMS. Available in more than 40 languages, Twitter reported 320 million monthly active users as of the quarter ended December 31, 2015. For more information, visit about.twitter.com or follow @TwitterSG.

Media Relations Contact:

Deborah Ng
Twitter Asia Pacific
dng@twitter.com
@d_eb

David Chieng
Ogilvy Public Relations
david.chieng@ogilvy.com
+65 6213 9998


Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com

HID Global Launches Mobility Initiative in Asia Pacific to Transform User Experience for a More Convenient, Trusted and Secure Digital World

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Highlights including a new platform that enables secure over-the-air provisioning of citizen IDs on smartphones and use of wearables for secure access to buildings to be unveiled at Cards & Payments Asia, 20-21 April 2016, HID Global Booth #G05



SINGAPORE, Apr 20, 2016 - (ACN Newswire) - HID Global(R), a worldwide leader in secure identity solutions, has introduced a mobility initiative that includes solutions, services, investments and alliances that expand the capabilities of trusted IDs on mobile devices across a growing range of access control, authentication and Internet of Things (IoT) applications. A highlight of the initiative is the company's latest mobility solutions unveiled today at Cards & Payments Asia 2016, including the new HID goID(TM) platform for mobile IDs which makes it possible to carry a driver license and other citizen IDs on smartphones, and new enhancements to HID Mobile Access(R) that now enable the use of smartwatches and tablets, in addition to smartphones, for secure access to buildings.

"The HID Global mobility initiative dramatically elevates how users regard security by enabling them to confidently connect to and use more applications, on the go, than ever before, with a single, trusted ID that can be carried on a smart device," said Stefan Widing, President and CEO of HID Global. "During the past several years, we've led the market in taking the first steps to turn smartphones into ID cards, keys and computer logon tools, with rapid growth in enterprise adoption of HID Mobile Access this year. Now, HID Global is driving advancements that will usher in an era of connected and trusted identities that become the heart of a more secure digital lifestyle built around the convenience and ubiquity of our ever-present mobile devices."

HID Global's growing mobility offering is aimed at driving new levels of convenience and empowerment to transform the user experience in today's increasingly connected, mobile-first world.

New solutions launched at Cards & Payments Asia as part of the mobility initiative include:

-- HID goID(TM) Platform for Mobile IDs: An important step toward making the vision of mobile citizen IDs a reality, the HID goID(TM) platform for mobile IDs enables government agencies to issue credentials over the air to citizens' smartphones for driver's licenses, passports, social security cards and other national ID documents. It also makes it possible for a smartphone to serve as an all-in-one secure credential and ID reader, providing the choice to eliminate ID readers at border crossings and other locations.

-- New HID Mobile Access capabilities, including support for Apple Watch, Android Wear and tablets: New capabilities provide smart device choice, beyond the smartphone, to open doors and gates. New HID Mobile Access Portal and App software developer kits (SDKs) enable partners and end-users to create innovative, customized mobile access solutions that can be fully integrated into their back-end systems.

-- New services to meet compliance, security and risk management needs: HID Professional Services(TM) provide customers with the technical expertise to design and implement mobile access and strong authentication solutions for secure access to data, cloud-based applications and web services.

Over the past 18 months, HID Global has steadily integrated mobility into the security experience through numerous new solutions and services, strategic partnerships and investments.

As the company's mobility initiative has expanded and accelerated, it has improved the convenience of enterprise strong authentication: ActivID(R) Tap Authentication for Microsoft enables users to simply tap their smart card to laptops, tablets, phones and other NFC-enabled devices for easy and convenient access to Office365 and other cloud apps and web-based services.

HID Global has also created a better and more secure banking experience. Mobile Push notifications for ActivID(R) Trusted Transactions eliminate the hassle of PINs, passwords and authentication challenge questions by turning the smartphone into a security token.

HID Trusted Tag(R) Services have added trust to NFC transactions, enabling IoT applications that would otherwise be vulnerable to risk or simply not possible. Security guards and other "lone workers" can verify they are where they are supposed to be on their rounds.

Through strategic partnerships with Samsung, NXP and other industry-leading companies, HID Global accelerates the adoption of mobile solutions. HID Global's Lumidigm(R) acquisition expanded its biometrics capabilities, and the acquisition of Quantum Secure provides the ability to automate access control by adding an integrated physical security policy platform for managing secure identities, compliance and operational analytics across multiple sites and systems.

Forrester Research said in its 2016 Mobile Predictions report that mobile devices will become users' go-to technology, and mobile will act as a catalyst to transform businesses in the Age of the Customer. The firm also said in its 2015 Mobile Security Playbook that security leaders are struggling to accommodate a mobile mind shift in the enterprise and must balance security and privacy concerns with the importance of user experience and the business objectives of the enterprise.

HID Global's mobility solutions are powered by the company's award-winning Seos(R) technology, which adds trust to identities, so users can confidently embrace and use new applications that simplify and enrich their lives. As the underlying technology for solutions leveraged by enterprises, banks, hospitals, universities and other organizations, Seos is also used by HID Global's parent company ASSA ABLOY in the successful Starwood Keyless entry program, where hotel guests around the world open guest rooms with their smartphones.

Live demonstrations at Cards & Payments Asia 2016, Booth G05
Visit HID Global's booth for a wide range of mobile security demonstrations, along with the company's broad portfolio of solutions for creating, managing and using secure identities.

Stay Connected with HID Global
Visit our Media Center, read our Industry Blog, and follow us on Facebook, LinkedIn and Twitter.

-- Media Center: http://www.hidglobal.com/main/media-center/
-- Industry Blog: http://www.hidglobal.com/main/blog/
-- Facebook: https://www.facebook.com/hidglobalapac/
-- LinkedIn: https://www.linkedin.com/company/hid-global---apac
-- Twitter: https://twitter.com/hidglobal

About HID Global

HID Global is the trusted source for innovative products, services, solutions, and know-how related to the creation, management, and use of secure identities for millions of customers around the world. The company's served markets include physical and logical access control, including strong authentication and credential management; card printing and personalization; visitor management systems; highly secure government and citizen ID; and identification RFID technologies used in animal ID and industry and logistics applications. The company's primary brands include ActivID(R), EasyLobby(R), FARGO(R), IdenTrust(R), LaserCard(R), Lumidigm(R), Quantum Secure, and HID(R). Headquartered in Austin, Texas, HID Global has over 2,700 employees worldwide and operates international offices that support more than 100 countries. HID Global(R) is an ASSA ABLOY Group brand. For more information, visit http://www.hidglobal.com.

(R) HID, the HID logo, ActivID, HID goID, HID Mobile Access, HID Professional Services, HID Trusted Tags, Lumidigm and Seos are trademarks or registered trademarks of HID Global or its licensors in the U.S. and/or other countries. All other trademarks, service marks, and product or service names are trademarks or registered trademarks of their respective owners.

Media Contact
EASTWEST Public Relations for HID Global
Melinda Ilagan / Edmund Ding
Telephone +65 6222 0306
hidglobal@eastwestpr.com


Copyright 2016 ACN Newswire. All rights reserved. www.acnnewswire.com
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