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Great Harvest Announces Clarification on Press Article

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HONG KONG, Jun 8, 2017 - (ACN Newswire) - Great Harvest Maeta Group Holdings Limited ("Great Harvest", the "Group" ; stock code : 3683.HK) has noticed a press article (the "Article") published on an international shipping website splash247.com on 7 June 2017 with inaccurate content, hence publishing this clarification.

In the Article, it was reported that the Group has made its debut in the container shipping sector by acquiring two secondhand containerships from a German owner. The Article also mentioned that the Group currently operates a fleet of five bulkers made up of three panamaxes, one post-panamax and one ultramax.

The Group hereby clarifies that, the Group has not acquired any containerships, and has not entered into any agreement or negotiation with any parties for any such acquisitions. As at the date of this announcement, the Group does not have any present plan or intention to engage in the container shipping business.The fleet of the Group comprises of three panamax dry bulk vessels and one post-panamax dry bulk vessel.

The Group will follow the HKEX guidance of listed companies for any update on business and disclose in time. Shareholders and potential investors are advised to refer to the announcements uploaded on HKEX website.

Great Harvest Maeta Group Holdings Limited
The Company is principally engaged in chartering out its own dry bulk vessels, providing quality shipping service to customers worldwide; property investment and development and money lending business as well. For the 6 months ended 30 September 2016, the Company's fleet size is 319,923 dwt, including 3 panamax dry bulk vessels, which are GH FORTUNE, GH POWER, GH GLORY and 1 post-panamax - GH HARMONY, the average age of the Company's fleet is 10 years with the fleet charter-out percentage at approximately 99.3%.



Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

Nomination Opens for Directors Of The Year Awards 2017

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Themed "Belt and Road: Corporate Governance in Times of Opportunities"

HONG KONG, Jun 8, 2017 - (ACN Newswire) - The Hong Kong Institute of Directors ("HKIoD") announced that its annual awards "Directors Of The Year Awards 2017" is open for nominations today. In its 17th year, the Award this year is themed "Belt and Road:Corporate Governance in Times of Opportunities" The "Belt and Road" initiative is one of the greatest blueprints for a 21st century vision. It has enormous development potential and is expected to become an important driver of the global economy in the future. This year is also the 20th anniversary of HKIoD and HKIoD's hope is that companies and directors can look for new directions in steering management to make sure they are well prepared to embrace the tremendous business opportunities the "Belt and Road" initiative is to bring.

Mr Henry Lai, Chairman of HKIoD, said, "This is a milestone year for HKIoD stepping into its 20th anniversary. While feeling honoured as HKIoD's chairman at this joyous time, I also see the important responsibilities that comes with my role. Over the past two decades, we have remained committed to promoting and laying down corporate governance standards, and also providing training to directors of companies, with the aim of raising overall governance level of local businesses. The ability of Hong Kong companies to maintain world-class corporate governance, helping to brace Hong Kong's unique position as an international financial centre, is owed very much to the efforts in the past years of our executive committee and colleagues. Looking forward, we will continue to uphold our long-standing philosophy and keep promoting high corporate governance standard in Hong Kong and, together with the city, march into the next 20 years even more brilliant."

Dr Kelvin Wong, Immediate Past Chairman of HKIoD and Chairman of 2017 Directors Awards Organising Committee, said, "The 'Belt and Road' initiative is presenting tremendous opportunities to Europe and Asia as well as the world. And Hong Kong is well-positioned, in terms of her geographical location and professional expertises, to take on an important role supportive of the initiative and in turn be a major beneficiary. It commands perception and leadership of a company board to grasp timely business opportunities, instead of missing them because the company is unprepared. We hope the award-winning companies this year can serve as examples to their peers in Hong Kong, showing how they uphold good corporate governance and their risk management structure works to help them take advantage of the Belt and Road opportunities."

Mr Peter Suen, Executive Director of Chow Tai Fook Jewellery Group Limited - the lead sponsor of the Awards, said, "We are very honoured to be Lead Sponsor of the 'Directors Of The Year Awards 2017' organised by HKIoD, doing our part to help promote good corporate governance. Best practice principles have always been the pillar of governance in aspects from production and supply chain management to operation and customer experience. Leveraging our vertically integrated business model, we recently brought in a disruptive innovation, 'Chow Tai Fook T Mark' diamond brand, along with a new '4Ts' concept - Transparent, Traceable, Thoughtful and Truthful. 'Chow Tai Fook T Mark' revolutionises the current industry practice by displaying to customers the life journey of a diamond from its source. The same set of principles is in place to guide the development of our corporate governance framework, and to guide us in managing various issues relating to environmental, social and governance practices, supporting the Group in better achieving sustainable growth."

Dr Carlye Tsui, CEO of HKIoD, said, "The theme of the Awards this year is 'Belt and Road: Corporate Governance in Times of Opportunities'. The fact is to optimise corporate governance takes time. In addition to a proven system, the awareness to the importance of corporate governance and cooperation of all stakeholders including shareholders, directors, employees and customers are also very important to achieving the goal. Stepping into its 20th anniversary, HKIoD vows to, as in the past, continue to provide more comprehensive training to members enabling them to keep abreast of market trends and learn and grasp latest governing methods. We will organise 'Directors' Conference' in September and business heavyweights will be invited to share their insights about governance and inspire participants."

Nomination for the Awards will close on 31 July 2017. The Panel of Judges consists of outstanding business leaders, professionals and regulators in Hong Kong. Director Of The Year Awards 2017 recognises excellence in the following categories:

Company Categories / Director Categories:

1. Listed Companies (SEHK - Hang Seng Indexes Constituents) / 1. Executive Directors
2. Listed Companies (SEHK - Non-Hang Seng Indexes Constituents) / 2. Non-Executive Directors
3. Private Companies / 3. Boards
4. Statutory / Non-profit-distributing Organisations

The selection criteria for winners in the Individual Director Categories include their effectiveness in performing strategic corporate business functions, contribution to board effectiveness, contribution towards managing change, risk and succession, leadership and other attributes and qualities, including continuing professional development for directors, business ethics and other outstanding achievements. As for the Collective Board Categories, judging criteria include board composition, skill mix and competencies of directors, effectiveness in performing strategic corporate business functions, development and implementation of strategic plans and monitoring of performance, managing compliance and accountability, managing change, risk and succession, development of the board, including continuing professional development for directors, effectiveness of board committees and business ethics as well as any other achievements.

The Awards nomination form and related information are available on The Hong Kong Institute of Directors website at www.hkiod.com.

About Directors Of The Year Awards

First launched in 2001, Directors Of The Year Awards were the first ever such Awards organised in Asia. The project has now become an annual project of impact in the community. The objectives are to recognise directors and board of directors for outstanding director practices and corporate governance, to publicise the significance of good corporate governance and to promote awareness of good corporate governance and director professionalism in Hong Kong. Nominations are open to the public. As good corporate governance is vital to all types of organisations, and professional director practices are encouraged from directors in all board roles, the Awards recognise excellence in categories by company types, including listed companies, private companies and statutory/non-profit-distributing organisations, and categories by roles, including Executive Directors, Non-Executive Directors and Boards. For more details on the previous years' Awards, please visit http://www.hkiod.com/dya-awardees.html

About The Hong Kong Institute of Directors

The Hong Kong Institute of Directors is Hong Kong's premier body representing directors to foster the long-term success of companies through advocacy and standards-setting in corporate governance and professional development for directors. A non-profit-distributing organisation with membership consisting of directors from listed and non-listed companies, HKIoD is committed to providing directors with educational programmes and information service and establishing an influential voice in representing directors. With international perspectives and a multi-cultural environment, HKIoD conducts business in biliteracy and trilingualism. Website: http://www.hkiod.com.

Media Enquiries:
Strategic Public Relations Group Limited
Eveline Wan +852 2864 4822 eveline.wan@sprg.com.hk
Brenda Chan +852 2114 4396 brenda.chan@sprg.com.hk
Chak Yau +852 2114 4395 chak.yau@sprg.com.hk

Directors Of The Year Awards 2017 Enquiries:
The Hong Kong Institute of Directors
Odessa SO +852 2889 4988 odessa.so@hkiod.com
Susan LING +852 2889 9986 susan.ling@hkiod.com



Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

Champion REIT Bags Five Awards at HKIRA 3rd Awards & Corporate Governance Asia 7th Asian Excellence Award

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Chief Executive Officer and Chief Investment Officer of Champion REIT, Ms. Ada Wong (right) and Investment and Investor Relations Director of Champion REIT, Ms. Amy Luk (left) receive the "Best IR by Chairman / CEO" award in the Mid Cap category and the "Best IR Presentation Collaterals" award in the Mid Cap category at HKIRA's 3rd IR Awards
Ms. Ada Wong (right) receives "Asia's Best CEO" honour at the 7th Asian Excellence Award


HONG KONG, Jun 12, 2017 - (ACN Newswire) - Champion Real Estate Investment Trust ("Champion REIT") (Stock Code: 2778), owner of Three Garden Road and Langham Place, has won a total of five major accolades within two weeks, including "Best IR by Chairman/CEO" and "Best IR Presentation Collaterals" for mid caps at the Hong Kong Investor Relations Association ("HKIRA") 3rd Investor Relations Awards, and "Asia's Best CEO", "Best Investor Relations Professional" and "Best Investor Relations Company" at the Corporate Governance 7th Asian Excellence Award. These awards reflect Champion REIT's achievement in enhancing corporate governance and its excellence in fostering investor relations, which are widely recognised by the investment community.

Ms. Ada Wong, Chief Executive Officer and Chief Investment Officer of Champion REIT, said, "We are truly honoured to receive these recognitions. They are clear testament to the considerable efforts the management and the Investor Relations team made to fulfil our commitment to transparent and timely communication with the investment community as well as employing best corporate governance practices. I wish to thank the teams and all staff for their great contribution to Champion REIT and also all our friends in the investment community for their continuous support. Looking ahead, Champion REIT will, in a professional and socially responsible manner and adhering to its proven practices, strive to maintain good investor relations and outstanding corporate governance to create sustainable values for unitholders."

The Investor Relations Awards presented by HKIRA aims to celebrate excellence in the local IR industry. HKIRA is a professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. The IR Awards targets to set benchmarks for measuring the standard of investor relations efforts by individuals and listed companies.

The 7th Asian Excellence Award, organised by Corporate Governance Asia recognises excellence in management acumen, financial performance, corporate social responsibility, environmental practices and investor relations. Contenders are scored based on the data they submitted and also interviews conducted with investors. Those who possess strong leadership in guiding the board of directors of their company and the management in business expansion while upholding the highest business ethics will be awarded.

Ms. Ada Wong, Executive Director, Chief Executive Officer and Chief Investment Officer of Champion REIT, oversees its strategic development as well as asset management and enhancement. She is also responsible to spearheads the team to seek for growth opportunities, formulate acquisition and investment strategies and monitor the capital structure of Champion REIT.

Ms. Amy Luk, the Investment and Investor Relations Director of Champion REIT, is responsible for identifying and evaluating potential investment opportunities, overseeing the capital structure and investor relations.

About Champion REIT (Stock Code: 2778)
Champion Real Estate Investment Trust is a trust formed to own and invest in income producing office and retail properties. The Trust focuses on Grade-A commercial properties in prime locations. It currently offers investors direct exposure to 2.93 million sq. ft. of prime office and retail properties by way of two landmark properties, Three Garden Road and Langham Place, one on each side of the Victoria Harbour.

Website: www.championreit.com

For press enquiries
Strategic Financial Relations Limited
Vicky Lee Tel: 2864 4834 Email: vicky.lee@sprg.com.hk
Angel Li Tel: 2864 4859 Email: angelok.li@sprg.com.hk
Adrianna Lau Tel: 2114 4987 Email: adrianna.lau@sprg.com.hk
Fax: 2527 1196
Website: www.sprg.com.hk




Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

BlackGold and China Huadian Take Next Step towards the Joint Development of a 2 X 300 MW Power Plant in Riau

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- Entry into a conditional term sheet for the potential joint development of the Riau 1 Project
- BlackGold to be appointed as the long-term exclusive coal supplier for 30 years upon successful awarding of the Project

SINGAPORE, Jun 12, 2017 - (ACN Newswire) - BlackGold Natural Resources Limited (the "Company", and together with its subsidiaries, the "Group" or "BlackGold"), is pleased to announce that it has, through its subsidiary, PT Samantaka Batubara ("PT SB"), entered into a conditional term sheet (the "Term Sheet") with China Huadian Engineering Co., Ltd. ("China Huadian") for the joint development, construction, operation and maintenance of a 2 x 300 MW coal-fired power plant in Riau province, Indonesia (the "Project" or "Riau-1 Project").

This follows an earlier announcement by the Company on 28 December 2015 regarding BlackGold's entry into a consortium agreement with China Huadian for participation in a bid (the "Bid") to provide electric power to PT PLN (Persero) ("PLN").

Under the Term Sheet for the proposed joint venture, it is anticipated that BlackGold, its potential third party affiliate(s) and/or working partner(s), if any, and China Huadian (the "NewCo Shareholders") will hold equity interests of 44%, 5% and 51%, respectively in the proposed joint venture company. The NewCo Shareholders shall make capital contributions to the proposed joint venture company in proportion to their respective shareholdings in it, amounting to a total capital contribution that is equivalent to a maximum of 25% of the total cost of the Project. The consummation of the proposed joint venture is subject to, amongst others, the successful award of the Bid by PLN to the consortium of PT SB and China Huadian.

Pursuant to the Term Sheet, amongst others, PT SB shall negotiate the power purchase agreement with PLN and shall be appointed as the long-term exclusive supplier of coal to the Project for 30 years. China Huadian shall be appointed as the EPC (engineering, procurement and construction) and O&M (operations and maintenance) contractor, and shall secure the debt financing required for the Project.

Mr Philip Cecil Rickard, Chief Executive Officer of the Group, commented: "The signing of this Term Sheet marks the next step forward for both parties as it irons out the salient terms of the proposed joint venture between the parties. Leveraging on the capabilities of China Huadian in power engineering and BlackGold's expertise in coal mining, we look towards securing the award of the Bid for development of the Riau-1 Project."

Information on PLN, China Huadian and the Riau 1 Project

PT PLN (Persero) is Indonesia's state-run power distribution company.

China Huadian is a state-owned power engineering company in China. China Huadian's core businesses encompass high tech product research and development, engineering design, general contracting, as well as energy technology research and services. China Huadian is currently involved in project construction, investment, operation and maintenance of various power projects located in Indonesia.

The Riau-1 Project is listed as one of the planned mine-mouth power plants in the 2017 National Electricity Supply Business Plan (the "2017 RUPTL"), with commercial operation date expected to start in 2020.

About BlackGold (Bloomberg Ticker: BHR:SP)

The Group is an Indonesia-focused coal mining company targeting Indonesia's rapidly growing power plant industry. Through long term, fixed offtake agreements with its principal customers, the Group has a customer portfolio consisting of state-owned and independent power plants and factories.

The Group, through its local subsidiaries, has the rights to three coal concessions in Riau, Indonesia.

Currently, the Group, through its subsidiary PT Samantaka Batubara, has a coal concession for an area of 15,000 hectares, and has over 200 million tonnes of Coal Resources (JORC Code compliant). For more information, please visit www.blackgold-group.com.

Contact:
BlackGold Group
T: +65 6884 4418
E: investor.relations@blackgold-group.com

This press release has been prepared by BlackGold Natural Resources Limited (the "Company") and its contents have been reviewed by the Company's sponsor, SAC Advisors Private Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this press release.

This press release has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made, or reports contained in this press release.

The contact person for the Sponsor is Mr. Sebastian Jones, Director, at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542, telephone: +65 6532 3829.

SAC Capital Private Limited is the parent Company of SAC Advisors Private Limited.


Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

Causeway Education to Tap into Superior Consultation and Tutorial Services in Hong Kong

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Mr. Matthew Cheung, Founder & Chief Executive Officer delivered the opening remarks at the Grand Opening Ceremony.
Mr. George Yeo, Former Minister for Foreign Affairs of Singapore & Chairman of Kerry Logistics attended the event as the guest of honour
Mrs. Jennifer Yeo (first from right), Mr. George Yeo (second from right), Former Minister for Foreign Affairs of Singapore & Chairman of Kerry Logistics, Mr. Kenny Zhang (first from left), Chairman of C&S Holdings, Mrs. Alice Zhang (second from left) and Mr. Matthew Cheung (middle), Founder & CEO of Causeway Education attended the opening ceremony.
Mr. George Yeo (fourth from right), Former Foreign Affairs of Singapore & Chairman of Kerry Logistics, Mr. Kenny Zhang (fourth from left), Chairman of C&S Holdings, Mr. Richard Alston (third from left), Former Minister for Communications of Australia and Mr. Matthew Cheung (fifth from right), Founder & CEO of Causeway Education and the senior management of Causeway Education attended the toasting ceremony.


HONG KONG, Jun 13, 2017 - (ACN Newswire) - Causeway Education held its Grand Opening Ceremony and Cocktail Reception on 8 June 2017 at the Island Shangri-La Hotel. Over 100 distinguished guests from the business and education sector attended to celebrate the occasion, including guest of honour Mr. George Yeo, Chairman of Kerry Logistics and former Minister for Foreign Affairs of Singapore. This event marked a milestone for Causeway Education in its aim to tap into the private tutoring and academic consulting market in Hong Kong: The Group will live out its unprecedented teaching philosophy, be innovative in its teaching style, and uphold the teaching virtues of delivering knowledge and being compassionate.

Since its establishment, Causeway Education has been dedicated in selecting the best teachers. Numerous teachers hailed from prestigious universities around the globe have joined the team. They not only are from well-known universities, but also are equipped with years of teaching experience. Causeway Education is determined to gain its reputation through professional services by providing comprehensive tutorial and consultation services to students, and assisting them to achieve academic and life goals. "Rooted in Hong Kong while venturing into China" is the ambition of Causeway Education. The Group is confident in building its brand by opening over 50 educational centers in 20 main cities in China, hoping to form an extensive education service network.

Mr. Matthew Cheung, Founder & Chief Executive Officer, mentioned in his opening remarks: "Every student wishes to get appropriate guidance in their academic journey, such as receiving instructions on their academics and career development. Causeway Education wants students to be able to respond properly and be at ease when facing every challenge or difficulty. This is why I established Causeway Education. We wish to prove a relaxed and joyous learning environment for students, helping them to building up confidence in academics and providing them with proper tailor-made advice. This is how we guide them towards success."

"We want to build an immersive learning environment for students and provide a complete package of well-developed teaching plan, which is exactly our corporate mission. We are devoted to help students break through all the academic troubles. We truly hope that our students can go to any lengths and be ambitious so that the results can come naturally."

Media Contact:
Wind Financial Relations Limited

Ms. Betty Dong
Tel: (852) 9666 8657
Email: betty.dong@windfinancial.com.hk

Ms. Evonne Xiao
Tel: (852) 9048 3668
Email: evonne.xiao@windfinancial.com.hk



Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

UBS and The Chinese Manufacturers' Association of Hong Kong host economic forum in Hong Kong

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(Left to right) Dr. Eddy Li, The Hon Mrs. Carrie Lam Cheng Yuet-Ngor and Mrs. Amy Lo attended the "An Engine for Global Economic Growth" forum
UBS and The Chinese Manufacturers' Association of Hong Kong are joint hosts of the "An Engine for Global Economic Growth" forum.

HONG KONG, Jun 13, 2017 - (ACN Newswire) - UBS and The Chinese Manufacturers' Association of Hong Kong are joint hosts of the "Celebrating the 20th Anniversary of the HKSAR: An Engine for Global Economic Growth" forum taking place today at the Hong Kong Convention and Exhibition Center.

The event was officiated by: The Hon Paul Chan Mo-Po, GBS, MH, JP, Financial Secretary of HKSAR: Amy Lo, Head Greater China and Co-head Global UHNW, Asia Pacific, UBS Wealth Management, and Country Head of UBS Hong Kong; and Dr. Eddy Li, President, The Chinese Manufacturers' Association of Hong Kong. In excess of 1,500 delegates including government officials, entrepreneurs, academics, and business leaders attended. The Hon Mrs. Carrie Lam Cheng Yuet-Ngor, GBM, GBS, JP, Chief Executive-Elect, HKSAR, also attended and presented closing remarks of the Forum.

The central theme of the Forum is how best to capture business and investment opportunities presented by finance, innovation, artificial intelligence and robotics.

"UBS has been in Hong Kong for more than 50 years and are proud to be part of the Hong Kong story. We are committed not only to supporting the development of Hong Kong's financial markets but also to promoting the city as a hub for digital and technological innovation. Today, we will address how best we can bring technological innovation to the traditional industries on which Hong Kong has flourished,"said Amy Lo.

"Smart manufacturing is a global megatrend. This forum is an excellent platform for industry practitioners and technology experts to share insights on the applications of innovation and technology in the manufacturing industry. Riding on the opportunities from Belt and Road Initiative and Greater Bay Area, we should also strengthen our collaboration with the Mainland in innovation and technology, to enable Hong Kong to serve as the "super-connector" and open up more business opportunities for our industries," said Dr Eddy Li.

At the Forum, UBS also announced it will work together with Hong Kong X-Tech Startup Platform ("Hong Kong X"), a Hong Kong-based startup organization, co-founded by Mr. Neil Shen of Sequoia Capital China, Prof. Zexiang Li of Hong Kong University of Science and Technology and Prof. Guanhua Chen of The University of Hong Kong, to:

- provide a platform for engagement, networking and knowledge sharing amongst the business community, and the tech start-up ecosystem;
- raise awareness amongst entrepreneurs in understanding the potential of technology innovation advancements and solutions in their businesses to address commercial challenges;
- promote Hong Kong as a centre of technology innovation excellence by supporting the development of start-ups in Hong Kong.

Key speakers and guests at the forum include:
- The Hon Mrs. Carrie Lam Cheng Yuet-Ngor, GBM, GBS, JP, Chief Executive-Elect, HKSAR
- The Hon Paul Chan Mo-Po, GBS, MH, JP, Financial Secretary, HKSAR
- The Hon Eddie Ng Hak-Kim, SBS, JP, Secretary for Education, HKSAR
- Mr Liu Ya-jun, Head of the Commerce Office of the CPGLO in the HKSAR
- Mr Philip Yung Wai-hung, JP, Permanent Secretary for Commerce and Economic Development (Commerce, Industry and Tourism), HKSAR
- Mrs. Amy Lo, Head Greater China and Co-head Global UHNW, Asia Pacific, UBS Wealth Management, and Country Head of UBS Hong Kong
- Dr. Eddy Li, President, The Chinese Manufacturers' Association of Hong Kong
- Mr. Andrew Sheng, Distinguished Fellow of Asia Global Institute, HKU
- Mr. Douglas Hodge, Managing Director and Senior Advisor, PIMCO
- Ms. Min Lan Tan, Head Chief Investment Officer APAC, UBS Wealth Management
- Professor Zexiang Li, Chairman DJI and Googol Tech, Co-Founder of Hong Kong X-Tech Startup Platform
- Professor Qiang Yang, New Bright Chair Professor of Engineering, Chair Professor and Head of Department of Computer Science and Engineering, HKUST
- Dr. Jinbo Shi, General Manager, QKM
- Mr. Li Xu, CEO, SenseTime
- Mr. Li Qiang, Chairman of the Board of Qianhai Financial Holdings Co., Ltd
- Mr. Tan Min-Liang, CEO & Chief Gamer, Razer Inc.
- Mr. Jason Chiu, Founder & CEO, Cherrypicks
- Mr. Albert Wong, CEO of Hong Kong Science and Technology Parks Corporation
- Mr. Eric Chen, Founder and Chief Commercial Officer of Vitargent
- Mr. Shi Yi, Founder and CEO of Avazu Inc.
- Mr. Joey Chung, Founder & CEO, The News Lens Group
- Ms. Tina Cheng, Partner, Cherubic Ventures

The program for the Forum may be found at:
https://www.ubs.com/hksar20

About UBS
UBS provides financial advice and solutions to wealthy, institutional and corporate clients worldwide, as well as private clients in Switzerland. The operational structure of the Group is comprised of our Corporate Center and five business divisions: Wealth Management, Wealth Management Americas, Personal & Corporate Banking, Asset Management and the Investment Bank. UBS's strategy builds on the strengths of all of its businesses and focuses its efforts on areas in which it excels, while seeking to capitalize on the compelling growth prospects in the businesses and regions in which it operates, in order to generate attractive and sustainable returns for its shareholders. All of its businesses are capital-efficient and benefit from a strong competitive position in their targeted markets.

Follow us:
Facebook: https://www.facebook.com/UBSglobal/
LinkedIn: https://www.linkedin.com/company-beta/1214/
Twitter: @UBS
www.ubs.com

About The Chinese Manufacturers' Association of Hong Kong
Established in 1934, the Chinese Manufacturers' Association of Hong Kong (CMA) is a not-for-profit chamber of commerce and one of the most representative industrial associations in Hong Kong. With over 3,000 member companies from various sectors of industry and trade, CMA is committed to serving the community and safeguarding public interest. CMA constantly keeps itself up-to-date with commercial and industrial trends on the international market, and our activities and services are directed at the well-being of Hong Kong as a whole.

About Hong Kong X - Tech Startup Platform
The Hong Kong X-Tech Startup Platform ("Hong Kong X") is a Hong Kong-based startup organization aimed at exploring the potential of technological innovations among young Hong Kong entrepreneurs while supporting the transfer of knowledge from university laboratories to the local economy. The Platform was co-founded in July 2016 by Mr. Neil Shen of Sequoia Capital China, Prof. Zexiang Li of Hong Kong University of Science and Technology and Prof. Guanhua Chen of University of Hong Kong.

Hong Kong X is dedicated to promoting an entrepreneurial and technological culture by connecting established "super professors", young students and technology leaders with capital and expert advice.

For more information, please visit: http://www.hkxtech.com/?lang=en


Media contact:
UBS
Strategic Financial Relations Limited
Denise Siu (t) 2114 4913 / 9337 8435 (e) denise.siu@sprg.com.hk
Yoko Li (t) 2864 4813 / 9495 9675 (e) yoko.li@sprg.com.hk
Kay Lau (t) 2114 2239 / 6228 2297 (e) kay.lau@sprg.com.hk

CMA
Alison Lee (t) +852 25428636 (e) alison@cma.org.hk
Kit Yeung (t) +852 25428641 (e) kit@cma.org.hk

HKX
Tony Chen (t) +852 37052981 (e) media@hkxtech.com



Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

Bo Cai Jing "Good Fortune" Roadshow Week Returned with Pride

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17 HK-listed corporates together with Capital Market Elites gathered at the event;
For business opportunities and Leaping into Investment Golden Age

HONG KONG, Jun 13, 2017 - (ACN Newswire) - Bo Cai Jing, the Investor Relations brand under Greater-China professional Financial Communications and Investor Relations Consultancy LBS Communications Consulting Limited ("LBS Communications") partnered China leading media, CNFOL Limited ("CNFOL"), and cooperated with Gelonghui, Sina Finance, and Yuediaoyan successfully organized its second "Good Fortune" series Investor Summit in Shenzhen Jinmao Shenzhen JW Marriott Hotel on June 1, 2017, followed by the Roadshow Week. The Summit and Roadshow Week enabled investors to explore opportunities for leaping into the new investment era.

A number of important guests were invited to make speeches at the event. Senior Vice President of China Customer Relations and Marketing Department of Hong Kong Stock Exchange Mr. Joe Zhou presented an In-depth analysis of the interconnection between the two places how they gradually integrate into the "common market". Vice President of Gelonghui Mr Ren Min shared thoughts on three hot topics in the capital markets, including the impact of overseas investors on the market, the significance of Southbound Investment and shortselling. Investment Director of Dongxing Securities (Hong Kong) Asset Management Co., Ltd. Mr. Aaron Yeung, Managing Director of WanHai Securities Mr. Howard Zheng, and Investment Manager and writer Mr. He Min analyzed trends, updates and experiences related to capital markets.

17 benchmark companies from the Hong Kong capital market including Anta Sports(02020.hk), Lifetech Scientific (01302.hk), First Cap GP (01269.hk), Kingdee Int'l (00268.hk), Huiyuan Juice (01886.hk), Q Tech (01478.hk), HMV Digit China (08078.hk), Modern Dental (03600.hk), BJ Properties (00925.hk), Anton Oilfield (03337.hk), Perfect Group (03326.hk), New Ray Medic (06108.hk), Silver Base (00886.hk), ShenzhenExpress (00548.hk), Tsaker Chem (01986.hk) and Wai Chi Hold (01305.hk) were invited to join Bo Cai Jing Roadshow Week. Participating firms shared great times together and Sina Finance was responsible for on-site live broadcasting.

Ms. Joanne Chan, Managing Director of LBS Communications Consultants Limited, commented in an interview, "Our Shenzhen Investor Summit 2016 received high recognition from the market and our event returned with pride in 2017. We up-scaled our event by inviting a larger group of capital market experts and more Hong Kong stocks listed companies to participate. Just as Mr. Charles Li, Chief Executive of the Hong Kong Stock Exchange, commented earlier, China's global allocation of assets will be the future trend, Hong Kong is committed to becoming the next phase of the common market linking China and the world. Upon the general trend of interconnection between China and Hong Kong, we are glad seeing our clients and outstanding listed companies actively interacting with China and Hong Kong investment elites. We also hope that the investment values of quality listed companies will be explored, to create two-way communication, and to achieve win-win situation! "

As the sponsor of the LBS Investor Summit, the recognition received by guests and media was well reflected through the successful completion of the event. By leveraging the rich public communications and investor relations experience accumulated over the past years serving Hong Kong and overseas companies, LBS Communications has established a huge investor database covering Hong Kong, China and many other regions to effectively promote the information exchange. Hong Kong stock market has entered the prospering age, global investors all eyed on Greater China, in addition to the concept of the new economy, the key to success is to grasp long-term investment values from a basket of shares. LBS Communications will make good use of its global network for value exploration."

For event highlights, please visit: http://tinyurl.com/y9azr8ym

About LBS Communications Consulting Limited
LBS Communications is a professional financial communications and investor relations consultancy firm, and is the Hong Kong representative for one of the world's four major public relations association PRGN. LBS' investor network covers Hong Kong, China, Singapore and many other regions across the world.

LBS Communications is committed to serving Hong Kong and overseas listed companies and large financial enterprises by providing a full range of investor relations and financial and public relations services, covering broad categories including environmental protection energy, health care, science and telecoms, retails and consumers, new materials and chemicals, education and tourism etc. LBS Communications was awarded the "Excellence of the Year for Leadership and Communication Advisory, Hong Kong" in 2016 and 2017 by International Alternative Investment Review Award (IAIR) in terms of its global network and local wisdom.

About Bo Cai Jing
Bo Cai Jing is the Investor Relations brand name under LBS Communications used in Greater China, and is dedicated in doing investors matching and roadshow activities for mainland-listed and corporates looking for financing opportunities in China. Bo Cai Jing currently has business network in Hong Kong, China, Singapore, Malaysia, Japan and Taiwan etc.

For more information, please visit: www.lbs-comm.com

For inquiries, please contact:
Ms. Joanne Chan
Managing Director
Tel: (852) 3679 3671
Email: info@lbs-comm.com



Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

"HKUST One Million Dollar Entrepreneurship Competition" Successfully Supported Young Entrepreneurs and Startups

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Prof. Tony F Chan, the President of HKUST, presents the souvenir to Mr. Yang Long, the Deputy Chief Executive Officer of GF Securities.
Key Sponsor: GF Securities

HONG KONG, Jun 14, 2017 - (ACN Newswire) - The award ceremony of "The 7th HKUST One Million Dollar Entrepreneurship Competition" ("the Competition"), hosted by the Hong Kong University of Science and Technology ("HKUST") Entrepreneurship Center, was held at the New World Millennium Hong Kong Hotel on 12 June. Amid fierce competition, Team Maxustech, comprised of two HKUST alumni and a current student, were the champions with their project "A Novel Sensing Technique for Smart Home Control". GF Securities Co., Ltd. ("GF Securities" or "the Company"; HKSE: 1776; SZSE: 000776), the platinum sponsor of the Competition, fully participated to support young entrepreneurs. The President of HKUST, Prof. Tony F Chan, and the Deputy Chief Executive Officer of GF Securities, Mr. Yang Long, along with other distinguished guests delivered awards to the winners and gave speeches.

Mr. Yang Long, Deputy Chief Executive Officer of GF Securities, pronounced during the ceremony, "HKUST is an internationally known university, having unique experiences and advantages in the cultivation of start-ups. GF Securities, as an industry leader in investing, has a strong SME client base with many institutional clients who have gradually become industry leaders. The cooperation between HKUST and GF Securities creates an effective collaboration between excellent start-up programs and capital, helping the young to fulfill their dreams. The outstanding youth makes this country great. The youth are standing up for the country's hope and future. GF Securities is more than willing to encourage the Hong Kong youth to pursue start-ups and cultivate outstanding entrepreneurs by lending our expertise. We wish that all of the young leaders could realize their potential, dreams and inspirations on this path of entrepreneurship."

The "One Million Dollar Entrepreneurship Competition" has been held for seven consecutive years since 2011, extending from a single division in Hong Kong to Beijing, Guangzhou, Shenzhen, and Macau, and is now a famous entrepreneurship contest throughout Greater China. This year, the Competition attracted nearly 100 entries from the Hong Kong division, with a total of over 900 teams from all five divisions. After months of competition, 12 finalists were selected for the championship and over HKD1 million-worth-of prizes.

Some of the finalists came from numerous top universities around the world, including Harvard University, NYU Stern School of Business, University of Southern California, Hong Kong University, the Chinese University of Hong Kong, and Hong Kong Polytechnic University. Projects presented by these teams covered all walks of life, ranging from Environment & Sustainability, I.T.& Smart Tech, Fintech, Healthcare, to Robotics & AI. Each team delivered an exciting presentation during the finals and had in-depth discussion with the judges. Competition regulations stipulated that each team must have one HKUST student.

Team Maxustech won the championship "President Award" and received HKD300,000 cash for their project: "A Novel Sensing Technique for Smart Home Control". Team Clare, AI and team Light Innovation Technology tied for second place with the "GF Securities Award." Respective projects, "Financial Services AI Chatbot" and "Litone LBS light-sheet system for 5D in vivo bio-imaging", each received a HKD200,000 cash award. Mr. Wu Fan, the investment director of GF Xinde Investment Management Co., Ltd. ("GF Xinde"), a subsidiary of GF Securities, was invited as one of the final judges, guiding young entrepreneurs on the start-up path.

According to Mr. Wu, "we've witnessed many awesome teams and brilliant projects in this competition. GF Securities and its subsidiaries are more than willing to fully support potential entrepreneurs and help them to realize their inspirations." As one of the final judges, Mr. Wu has tremendous experience in startup investments, including various new energy and hi-tech projects through GF Xinde and helping the development of small-to-medium-sized companies.

GF Securities is one of the first full-service investment banks in China. Growing with China and Hong Kong's capital markets, the Company was successfully listed on the main boards of the Shenzhen Stock Exchange and the Hong Kong Stock Exchange in 2010 and 2015 respectively. The long devotion to China's capital markets over the years has enabled the Company to build a strong SME client base which have gradually become industry leaders, with the Company's indispensable experience and expertise to single out and cultivate potential start-ups. GF Securities aims to create value and prosperity together with clients through its diversified capital market services.

Furthermore, as a comprehensive capital market service provider, GF Securities always takes the initiative when it comes to social responsibility. The Company has long been supporting micro-entrepreneurship programs. Other than the "HKUST One Million Dollar Entrepreneurship Competition", GF Securities' Social Charity Fund also organized various activities in 2015 and 2016, for example the "Micro-entrepreneurial Event for College Students" and "Seeking Entrepreneurial Heroes" in Mainland China, with an accumulative investment of RMB8 million. The "Micro-entrepreneurial Event for College Students" series attracted over 100,000 students from more than 800 colleges in 2 years, with financial assistance up to RMB 8 million.

About GF Securities Co. Ltd

Established in 1991, GF Securities is one of the first, full-service investment banks in China. The Company was successfully listed on the main boards of the Shenzhen stock Exchange (Stock code: 000776.SZ), and the Hong Kong Stock Exchange (Stock code: 1776.HK), in 2010 and 2015, respectively. Relying on excellent business performance, risk management and quality services, the company achieves sustained and steady development, and is one of the most influential securities companies in China. The Company possesses industry-leading innovation capabilities and has built a diversified business portfolio serving various corporations, individuals, institutional investors, financial institutions and governments. As of December 31, 2016, the Company operates 264 brokerage branches, providing extensive national coverage to 31 provinces, cities, and autonomous regions throughout China. For two consecutive years in 2015 and 2016, GF Securities ranked second on "Hurun's Top Brands List" amongst Chinese securities companies. The Company is actively committed to social responsibility and caring, focusing on education and poverty through "GF Securities Social Charity Foundation", and as a result has enjoyed a strong reputation and an influential brand.



Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

Five Years of Wonder at Gardens by the Bay

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Infographic on Gardens by the Bay's milestones since its inception in 2012
Burst of flames are projected from the OCBC Skyway and at the ground level of the Supertree Grove during the Gardens Extravaganza Special on June 3 and 4 in celebration of Gardens by the Bay's 5th anniversary
The two cooled conservatories, Cloud Forest (left) and Flower Dome (right), in Gardens by the Bay
Beginning as an ambitious idea to create a world-class garden on reclaimed land, Gardens by the Bay has since grown to become an iconic attraction in Singapore

SINGAPORE, Jun 15, 2017 - (ACN Newswire) - Gardens by the Bay, Singapore's horticultural-themed attraction renowned for its Supertrees and cooled conservatories, celebrates its fifth anniversary in June this year.

Built on land reclaimed from the sea, Gardens by the Bay opened in June 2012. Five years on, it remains unique in the region as the only garden to combine nature with cutting-edge engineering and technology, to create an environment to showcase plants from all over the world. Situated in the nation's bustling city centre, the Gardens ranks No. 1 on Tripadvisor's list of attractions in Singapore.

The objective of Gardens by the Bay has always been to reach out to an audience beyond nature lovers, and through the years, the Gardens has differentiated itself from the competition by breaking away from botanical conventions.

This broad appeal is reflected in the visitor numbers. Visitorship hit one million less than two months after the Gardens opened, and has increased steadily since. To date, the Gardens has welcomed more than 34 million visitors.

Both locals and tourists visit the Gardens, with Malaysia, Indonesia, India, China and Australia being among the top overseas markets.

- Pushing the Boundaries of Botanical Possibilities

There are close to 1.5 million plants in Gardens by the Bay today. The Supertrees take the concept of vertical greening to new heights, with more than 158,000 plants growing on 18 steel trees that range in height between 25 metres and 50 metres.

The two Cooled Conservatories, Flower Dome and Cloud Forest, reverse the concept of the typical greenhouse by providing a cool environment for plants. There are more than 72,000 plants from Tropical Montane regions in the cool-moist Cloud Forest. In the cool-dry Flower Dome, there are more than 28,000 plants from the Mediterranean and semi-arid regions.

The Flower Dome has showcased 35 floral displays to date. These floral displays are an example of how green technology combined with human ingenuity makes possible what is otherwise unimaginable in the botanical world - making temperate plants bloom in a tropical climate. Be it dahlias, tulips or cherry blossoms, these flowers have bloomed in Singapore, thanks to the climate-controlled Flower Dome, where it is perpetually spring.

The floral display in celebration of the Gardens' fifth anniversary is Blue Beauties, where flowers in various shades of blue, like agapanthus, hydrangeas and delphiniums - true spectrum blue being one of the most uncommon colours in the Plant Kingdom - take centrestage until June 30.

- New Attractions through the Years

The Supertrees and Cooled Conservatories, along with the Outdoor Gardens, have been the highlights of Gardens by the Bay since Day One, but new attractions have also opened in the last five years. In line with Gardens by the Bay's objective to be a garden for all, the majority of these attractions are free for the public to enjoy.

In 2014, the Far East Organization Children's Garden opened to the public. The Sun Pavilion, a display of cacti in the outdoors, also opened in the same year. With the Sun Pavilion, Gardens by the Bay owns the largest collection of cacti and succulents in Southeast Asia.

In 2015, Singapore's largest and only Floral Clock was launched in collaboration with watchmaker Audemars Piguet.

The newest attraction at Gardens by the Bay is rock garden The Canyon, which opened last year and features more than 60 unique rock forms amidst plants from arid regions.

- Diverse Events for a Broad Audience

To date, there have been more than 1,000 events held at Gardens by the Bay. These events are varied in nature, and appeal to a wide spectrum of visitors beyond just nature lovers. The lineup to date this year includes indie music festival St. Jerome Laneway Festival, Asia's largest night run the Sundown Marathon and Star Wars Day: May the 4th Be With You.

Gardens by the Bay also organises its own flagship events, and many of them are free for the public. In March, life-sized dinosaur sculptures were brought into the Supertree Grove for the annual Children's Festival, while come December, visitors can look forward to the Gardens' transformation into a Christmas Wonderland.

The Garden Rhapsody sound and light show, where lights on the 12 Supertrees at the Supertree Grove dance according to music twice every evening, is refreshed constantly. There have been 20 different renditions of the Garden Rhapsody so far, which range from a nostalgic medley of well-loved Asian songs, to popular Broadway tunes, to a Star Wars-themed edition.

Gardens by the Bay recently celebrated its fifth anniversary on June 3 and 4. Among the highlights of the festivities was the Gardens Extravaganza Special, where the Supertree Grove became the stage for a multimedia show featuring dancers, aerial performers, fire twirlers, acrobats, dramatic video mapping and special effects on a scale never seen before at the Gardens.

For the rest of the month of June, a fifth anniversary edition of the Garden Rhapsody sound and light show is on at the Supertree Grove twice every evening. The show, Gardens Extravaganza, features video mapping on the Supertrees and an all-new musical soundtrack.

Images:
1. Infographic on Gardens by the Bay's milestones since its inception in 2012 -- http://bit.ly/2rgqKyF
2. Burst of flames are projected from the OCBC Skyway and at the ground level of the Supertree Grove during the Gardens Extravaganza Special on June 3 and 4 in celebration of Gardens by the Bay's 5th anniversary -- http://bit.ly/2tlcOny
3. The two cooled conservatories, Cloud Forest (left) and Flower Dome (right), in Gardens by the Bay --
http://bit.ly/2t1e7Jf

For media queries on Gardens by the Bay and the events lined up for this year, please contact:

Hsu Lin
Ninemer Public Relations P L
DID: +65 6534 9929
HP: +65 9720 6119
Email: hsulin@ninemer.com

Bernice Koh
Ninemer Public Relations P L
DID: +65 6534 9959
HP: +65 9837 1184
Email: bernicekoh@ninemer.com

About Gardens by the Bay

An integral part of Singapore's "City in a Garden" vision, Gardens by the Bay spans a total of 101 hectares of prime land at the heart of Singapore's new downtown - Marina Bay. Comprising three waterfront gardens - Bay South, Bay East and Bay Central - Gardens by the Bay will be a showcase of horticulture and garden artistry that will bring the world of plants to Singapore and present Singapore to the World. Bay South, the largest at 54 hectares, officially opened on 29 June 2012.

Gardens by the Bay was started as a project by the National Parks Board. It has since grown to become an independent organisation responsible for developing and managing what will be Asia's foremost garden destination.

The Gardens has garnered numerous awards and accolades, including the 2015 Guinness World Record for "Largest Glass Greenhouse", "Best Theme Attraction" at the TTG Travel Awards in 2015 and 2016, and "Best Attraction (Asia Pacific)" at the Travel Weekly Asia Reader's Choice Awards in 2015 and 2016. It also received the prestigious "Thea Award for Outstanding Achievement" in 2014 from the Themed Entertainment Association. For its sustainable design and practices, it was conferred the "President's Design Award 2013" in Singapore and "World Building of the Year" at the World Architecture Festival 2012.

For more information, visit www.gardensbythebay.com.sg


Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

Man Wah Holdings (stock code: 1999) Stresses Latest Muddy Waters Report has No New Arguments

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HONG KONG, Jun 16, 2017 - (ACN Newswire) - Man Wah Holdings Limited ("Man Wah" or the "Group", stock code: 1999) would like to point out that the content of the Muddy Waters report published today is similar to that of the Muddy Waters PPT published earlier and does not contain any new arguments. The Group has already issued an announcement earlier in response to all the arguments Muddy Waters raised and would make further announcement should the Group have other supplementary information to provide.

The Group is highly confident of its business and financial performance and has repurchased shares of the Company at more than HK$130 million in the past few days and the shares will be cancelled later. The Chairman of Man Wah does not rule out the possibility of increasing his stake in the Company when appropriate to demonstrate his confidence in the Group.

Media Enquiries:
Strategic Financial Relations Limited
Iris Lee Tel: (852) 2864 4829 Email: iris.lee@sprg.com.hk
Angelus Lau Tel: (852) 2864 4805 Email: angelus.lau@sprg.com.hk
Cecilia Shum Tel: (852) 2864 4890 Email: cecilia.shum@sprg.com.hk
Website: http://www.sprg.com.hk



Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

GAIKINDO Indonesia International Auto Show (GIIAS 2017) Presents World Class Auto Show Series with the Latest Products and Technology

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JAKARTA, INDONESIA, Jun 19, 2017 - (ACN Newswire) - The success of GAIKINDO Indonesia International Auto Show (GIIAS) 2015 and 2016 as an international-standard automotive exhibition have been greeted with enthusiasm from industry players and automotive lovers in Indonesia. Entering the 25th year of the automotive exhibition run by GAIKINDO, the association for Indonesian sole agents will again present the GIIAS series on 10-20 August, 2017, at the Indonesia Convention Exhibition (ICE), BSD City, Tangerang.

For GIIAS 2017, the theme GAIKINDO has chosen is "Rise of the Future Mobility". Yohanes Nangoi, Chairman of GAIKINDO, revealed that the theme was chosen to represent the spirit of GAIKINDO in building and expanding the Indonesian automotive industry into the future.

In Nangoi's words, "the theme 'Rise of the Future Mobility' was chosen because we wanted to emphasize how rapid the developments in the global automotive industry have been. Various technological breakthroughs are driving changes in the automotive industry for the better. These changes are what we want to show at GIIAS 2017, the goal is to urge industry players and the community to begin to adapt and prepare for the globalization that is taking place in the automotive world," he explained.

- New Products & Cutting-Edge Technology are GIIAS's Main Allure

At every GIIAS event, GAIKINDO strives to present an international-standard automotive exhibition that can satisfy visitors and support participants. To achieve this, he gave his assurance that GAIKINDO was listening and responding to automotive enthusiasts to fulfill their wish to be able to attend and watch an automotive event that provides the best experience.

Rizwan Alamsjah, Chief Organizer of GIIAS 2017 explained that as a part of the world automotive exhibition series, GIIAS was highly anticipated by Indonesian sole agents and their brand principals. GIIAS 2016 presented 36 products from participating sole agents, including 26 product launches, one world premiere, two ASEAN premieres, 19 Indonesian premieres and 14 concept cars. Rizwan hopes that GIIAS 2017 will continue to be an opportunity for APM participants to introduce their best products. "At last year's event GIIAS included 36 launching events, including a world premiere, and concept cars. I think that this year will again be crowded and will feature another world premiere. I hope in the years ahead more world premieres will be held in GIIAS," he said.

Yohannes Nangoi agreed with his statement, adding that launches at GIIAS helped introduce the Indonesian automotive industry to the world, "We hope that the more products that are launched in Indonesia, the more it will raise the position of the Indonesian automotive industry in the world."

Rizwan also explained that based on the results of surveys conducted at previous GIIAS events, new products and technology were the allure and the main reason for visitors to attend GIIAS. As a world-class auto show series GAIKINDO wishes to consistently present an exhibition that leaves the best impression among automotive lovers.

Rizwan revealed that until now, as many as 30 GAIKINDO member automobile brands had expressed their full support for the title of GIIAS 2017. They consist of 22 brands of passenger vehicles, namely Audi, BMW, Chevrolet, Daihatsu, Datsun, Honda, Hyundai, Mazda, Mercedes-Benz, MINI, Mitsubishi Motors, Nissan, Renault, Suzuki, Tata Motors, Toyota, Volvo, VW, and Wuling, as well as eight brands of commercial vehicles, namely DFSK, FAW, Hino, Hyundai Bus & Truck, Isuzu, Mitsubishi FUSO, Tata Motors, and UD Truck.

- Full Support from Pertamina and Mandiri for GIIAS 2017

In addition to the support provided by the 30 APM participants, Rizwan added that GIIAS 2017 was once again supported by Pertamina and Bank Mandiri as sponsors. At GIIAS 2017, PT Pertamina (Persero) is returning for the third time to give its full support. In its third incarnation, GIIAS continues to be in line with Pertamina's vision and mission and its commitment to continue innovating to support the development of Indonesia's automotive industry. Bank Mandiri's presence at GIIAS 2017 is supported by two Bank Mandiri subsidiaries, Mandiri Tunas Finance (MTF) and Mandiri Utama Finance (MUF), which will participate actively in the event.

The support from the biggest fuel producers and distributors, and one of the largest banks in Indonesia, is proof of GIIAS' attractiveness and potential. "We hope that the support from Pertamina and Bank Mandiri for GIIAS 2017 will provide more comfort and convenience for visitors and exhibitors this year. The presence of sponsors can certainly satisfy visitors in a variety of ways, from ease in carrying out transactions to exciting activities that visitors can directly participate in during the exhibition period," said Rizwan.

About GAIKINDO Indonesia International AUTO SHOW (GIIAS)

GAIKINDO hosted the very first Indonesian Autoshow in 1986. In 2006 the exhibition reached a new level, becoming an international-scale exhibition endorsed by OICA (Organisation Internationale des Constructeurs d'Automobiles), and changing its name to Indonesia International Motor Show (IIMS), and in 2009 moved to a larger venue in Jakarta International Expo - Kemayoran.

In 2015 a new chapter began, as the GAIKINDO Indonesia International AUTO SHOW (GIIAS), now the largest in Southeast Asia, held at the spacious Indonesia Convention Exhibition - Bumi Serpong Damai (ICE - BSD), a new destination of the MICE industry in Indonesia. GIIAS 2016 occupied 96,557 sqm, providing maximum convenience for visitors, transportation systems for easy access, and a series of shows that are both entertaining and educational. For more information, please visit www.indonesiaautoshow.com.

Contact:
Seven Events Diah Putri E: putri@seven-event.com W: www.indonesiaautoshow.com

Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

The 3rd China-Israel Investment Summit (Hong Kong)

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Transnational Summit for Chinese Investors and Israeli Innovations;
To Open Doors for Business and Make Strides in Asian Market

HONG KONG, Jun 19, 2017 - (ACN Newswire) - The 3rd China-Israel Investment Summit (Hong Kong) (the "Summit") will be held at the Grand Hyatt Hong Kong Hotel on June 26, 2017 (Monday). The event is organised by INNONATION, and hosted by INFINITY Group, the Youth Innovation and Development Alliance ("YIDA"), and The Consulate General of Israel in Hong Kong and Macau. A press conference was held today to give investors and the general public a peek into the latest high-tech scene of Israel.

The Summit is to give leading Israeli start-ups a unique opportunity to forge relationships with Chinese investment houses, venture capital firms, and private investors seeking new opportunities, as well as to give attendees exposure to over 120 promising Israeli start-ups and technology companies. It is a rare opportunity for both parties to meet, understand their respective needs, and discuss business potential that transcends international borders. Following the Hong Kong station, the event will be held in Zhuhai on June 27-28.

Mr. Sagi Karni, Consul General of Israel in Hong Kong and Macau, said, "2016 had been an exciting year for Israeli technology industry. Chinese investment in Israel increased significantly, reflecting not only the strengthening relationships between Israel, Hong Kong and Chinese business communities, but also Israeli Tech ecosystem making its global presence as the 'Start-up Nation'. The Summit provides a unique opportunity for investors to access the innovative Israeli hi-tech ecosystem. We have confidence that the Summit will bear fruits of success for all parties involved."

The Summit gathers representatives from promising and breakthrough Israeli companies and leading players from the Chinese ecosystem under one roof. It features an extensive list of keynote speakers, including influential government representatives, namely, Mr. Zvi Heifetz, Israeli Ambassador to China, Mr. Sagi Karni, Consul General of Israel in Hong Kong and Macau, and Mr. Allen Yeung, Chief Information Officer of Hong Kong. Exclusive company presentations will be given throughout the course of the Summit, and B2B meetings could be prearranged.

Eight key segments are covered in the Summit - Fintech, Cleantech, AI & VR, Mobile & Internet, Industrial Applications, Life Science, Data Science, and Auto Tech, all of which make headlines in today's day and age as they continue to evolve with the introduction of innovative technologies. Representatives from three participating companies gave presentations and demonstrations at the press conference, providing a showcase of the Summit. A leading provider of user awareness and gesture recognition technologies, eyeSight Technologies, demonstrated how their technologies can be applied to IoT (internet of things) & smart homes as well as to automotive. Stratasys presented their 3D printing technique. Phresh explained how they created a food protector with essential oils for smart food purification and preservation technologies.

The Summit plays a modest role in bringing China and Israel closer together. The organiser and hosts are committed to making this event an annual occasion, so as to continue to bring the two ancient cultures together.

About INNONATION
INNONATION is an eco-system for cross-border collaboration promoting innovation online and offline as well as the owner and promotor of global innovation brand . The initiative included the creation of Summits, Media, Accelerators and extensive databases which aggregates profiles of both Chinese investors (2000+) and innovative Israeli companies (6000+) into an easy-to-use online platform in reliance on online technology like AI INNONATION which enables investors, enterprises and governments to freely and directly pair up with innovative companies giving the opportunity to find the relevant opportunities. INNONATION eco-system fits anyone looking to strengthen their China-Israel or cross-border business ties, and make strides in the Asian and other global innovative market. INNONATION eco-system facilities operate in TelAviv and Beijing, and is planning to open a Hong Kong facility.

About INFINITY Group
Infinity Group is a cross-border platform and equity fund known for its strong roots in China and in Israel. Infinity has been operating in cross-border technology investments for over 20 years. During this time, it developed strong and long-lasting relationships with the leadership of the private and public sectors in Israel and has established itself as the trailblazer of cross-border private equity investments and innovation platforms. Infinity Group's core strategy has been to share its access to Israeli technology, know-how and innovation. Using advanced business models, Infinity has been able to invest in various cross-border businesses and mobilize resources and capital.

About YIDA
The Youth Innovation and Development Alliance (YIDA) is a Hong Kong based government-backed charitable organization founded by a group of business professionals. YIDA strives to help the youth realize their true potential through the promotion of innovation, entrepreneurship, and career development initiatives. The organization collaborates with internal and external partners to provide a platform for the youth that facilitates cooperation, seminars and forums, cultural exchanges, mentoring programs, and more. Amongst YIDA's members are fund managers, corporate investors, bankers, lawyers, accountants, and more.

About the Consulate General of Israel in Hong Kong and Macau
The Economic and Trade Mission at the Consulate General of Israel in Hong Kong and Macau focuses on the promotion of trade, investments, and joint ventures between Israel, Hong Kong, and Macau. Through organizing and assisting in a wide range of activities such as exhibitions, delegations, and business matching events, the Economic and Trade mission is committed to providing quality services that connect the business community and organizations on both ends. To contact The Economic and Trade Mission please email to Hongkong@israeltrade.gov.il or call (852) 2821 7509 / (852) 2821 7531.



Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

Honghua Entered into Strategic Cooperation Agreement with Volant Industry

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Jointly Expand International Market and Realize the Maximum Synergistic Effect

HONG KONG, Jun 20, 2017 - (ACN Newswire) - Honghua Group Limited (Stock Code: 196.HK), a leading global land drilling rig manufacturer and the largest land drilling equipment exporter in PRC, announced that Hinghua has entered into a Strategic Cooperation Agreement with China Volant Industry Co., Ltd. ("Volant Industry"), the main international operation platform of China Aerospace Science and Industry Corporation ("CASIC"), on 16 June 2017. The two parties will jointly expand the production capacity in the field of oil and gas equipment manufacturing and the oil and gas international engineering business, in order to tap into the global market.

Pursant to the Strategic Cooperation Agreement between Honghua and CASIC, both parties will jointly develop international trade in the overseas oil and gas field, explore opportunities for cooperation with overseas capital, international trade and international engineering services, to enlarge the scale of international operation, further improve the operation network and realize the rapid development of business. The two parties will also collaborate in overseas business centre integration through the information and resource sharing mechanisms to exert a positive synergistic effect.

CASIC has been operating in international market for many years. It has also ebstablished 11 overseas representative offices, built a mature international sales network and accumulated a wealth of international business experience. According to Honghua's Strategic Cooperation Agreement with CASIC, the two parties will possess priority to make investment in certain markets, such as Middle East, North Africa, Russian Area, South America, South Asia and Southeast Asia, to expand the export volume of oil and gas equipment, production cooperation, international engineering and other business segments. Both parties will serve each other as strategic partner in the oil and gas field.

In addition to the above Strategic Cooperation Agreement, Honghua signed two Memorandums of Understanding with Uzbekistan National Holding Company and Eriell Group respectively, in order to promote bilateral cooperation in the field of oil and gas exploration.

Mr. Chen Yajun, Chairman of Honghua commented, "By introducing CASIC as the strategic shareholder of Honghua, both parties built a closer relationship of cooperation. The positive synergistic effect can be exercised in market expansion and other aspects. The Strategic Agreement between Honghua and Volant Industry, the subordinate units of CASIC, will lead Honghua to next development milestone, usher in new international opportunities and create more tremendous business value. We believe, by leveraging on the resources of CASIC, this agreement will promote Honghua to further extend overseas oil and gas equipment business and international oil and gas engineering business, especially to explore the business opportunities from the oil-rich countries along "One Belt One Road", on the basis of existing customers and marketing network, to realize the business expansion of Honghua and achieve the operational objective of being a world-class oil and gas equipment manufacturing entreprise."

About Honghua Group Limited (Stock Code: 196.HK)
Honghua is the only overseas listed platform controlled by China Aerospace Science and Industry Corporation (CASIC), and positioned as the energy equipment business platform of CASIC. As one of the leading land drilling equipment manufacturers in the world and the largest land drilling rig exporter in PRC, Honghua is primarily engaged in manufacturing conventional land drilling rigs, digital drilling rigs, accessories of drilling rigs, as well as the parts and components for the drilling rigs or for the maintenance of the drilling rigs in operation. Leveraging on the strong R&D strength, high-quality production facilities and mature international sales network, the Group's 80% products have been sold to a large number of famous enterprises all over the world, including major oil-production regions such as North America, Middle East, and emerging markets including South America, India, Russia, China and Africa. Based on the existing solid foundation of the land drilling rigs equipment, Honghua implements diverse development strategies, and expand to become the integrated enterprise which is involved in the interaction development of onshore and offshore areas and three major sectors, including equipment manufacturing and oil and gas resources development (especially the unconventional oil and gas area), as well as engineering services. In the future, Honghua and CASIC will have in-depth cooperation in advanced energy equipment manufacturing and oil & gas field services field and achieve synergy in R&D, project execution and market expansion, to become an international leading integrated solution service provider combining equipment manufacturing and services in oil & gas industry.

Uzbekistan National Holding Company
Uzbekistan National Holding Company is a large state-owned enterprise which specialize in oil and gas exploration, mining, processing and marketing in Uzbekistan. Uzbekistan is rich in oil, natural gas, coal resources, of which is listed as the world's top ten mining countries of natural gas.

Eriell Group
Eriell Group is an international drilling service company with operations in Russia, Central Asia, South Asia and the Middle East.



Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

Neo Telemedia and CNOOIT Sign Strategic Cooperation Framework Agreement

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Set up a Joint Venture to Develop Energy Industry Data Service Business;
Jointly Expand Data Center Business

HONG KONG, Jun 20, 2017 - (ACN Newswire) - Neo Telemedia Limited ("Neo Telemedia" or the "Group"; stock code: 8167) announced that its wholly-owned subsidiary Guangdong Bluesea Mobile Development Company Limited*("Guangdong Bluesea") and China National Offshore Oil Information Technology Limited* ("CNOOIT"), a subsidiary of CNOOC Energy Technology & Services Limited, signed a strategic cooperation framework agreement ("Cooperation Framework Agreement") on 19 June 2017, regarding setting up a joint venture to invest in developing data center and Big Data businesses.

CNOOIT boasts capabilities across the entire information technology industrial chain from planning and design, electro-weak integration, information technology to industrial automation and operation and maintenance. Its service network covers all of China, land and sea. It is CNOOC's internal professional information technology service unit.

The 13th Five-year Plan of China clearly stated the need for the country to raise the level of informatization with emphasis on promoting in-depth integration of informatization and industrialization, as well as hastening informatization in both the country's economic and social sectors. Also, the General Office of People's Government of Guangdong Province has issued a "Development Action Plan for Promotion of Big Data in Guangdong Province (2016-2020)", which supports development of Big Data business and active development of key industries in China. Capitalizing on the strengths of Guangdong Bluesea in Internet data center, cloud computing and Big Data, and the industrial strengths of CNOOIT in providing key information technologies to energy industry players, the new joint venture will operate based on the state-owned enterprise mixed model in order to provide all-engulfing service solutions including entail data center, value-added service of data cloud computing and Big Data application to the domestic energy industry. As a result, the Big Data market will be expanded which will in turn boost rapid growth of the Group's business and enable it to create the best returns for shareholders.

About Neo Telemedia Limited (stock code: 8167)
Neo Telemedia Limited and its subsidiaries (collectively, the "Group") is a telecommunication group focusing on the Internet and big data sectors. The Group was included as a constituent stock in MSCI Hong Kong Small Cap Index with effect from December 2016. Its wholly-owned subsidiary, Guangdong Bluesea Mobile Development Company Limited, will partner with large-scale telecommunications operator in China to establish a large cloud computing centre in Southern China. In early 2015, the Group signed several agreements to explore various opportunities in WiFi access services, application of cloud computing and cross-border e-commerce business in the PRC. Additionally, Avatar Wealth and Bees Financial offer Internet finance platform business services. Shenzhou Aerospace Manufacturing Technology (Guangdong) Institute, which was jointly established by the Group, Shenzhou Aerospace Software Limited and Foshan Chancheng District People's Government, was registered as a non-profit organization at the Department of Civil Affairs of Guangdong Province on 23 October 2015. At the end of 2015, the Group completed a public offer and raised approximately HK$1.1 billion to be invested in the data center of Guangdong Bluesea Mobile Development Co., Ltd., including the Zhuxishugu project in Jiangmen.

For press enquiries
Strategic Financial Relations Limited
Joanne Lam Tel: 852-2864 4816 Email: joanne.lam@sprg.com.hk
Cecilia Shum Tel: 852-2864 4890 Email: cecilia.shum@sprg.com.hk
Jeffrey Tam Tel: 852-2864 4858 Email: jeffrey.tam@sprg.com.hk





Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

GAIKINDO Indonesia International Auto Show (GIIAS 2017) Presents a World Class Auto Show with Latest Products and Technology

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JAKARTA, INDONESIA, Jun 20, 2017 - (ACN Newswire) - The success of GAIKINDO Indonesia International Auto Show (GIIAS) 2015 and 2016 as an international-standard automotive exhibition has been greeted with enthusiasm from industry players and automotive lovers in Indonesia. Entering the 25th year of the automotive exhibition run by GAIKINDO, the association for Indonesian sole agents will again present the GIIAS series on 10-20 August, 2017, at the Indonesia Convention Exhibition (ICE), BSD City, Tangerang.

For GIIAS 2017, the theme GAIKINDO has chosen is "Rise of the Future Mobility". Yohanes Nangoi, Chairman of GAIKINDO, revealed that the theme was chosen to represent the spirit of GAIKINDO in building and expanding the Indonesian automotive industry into the future.

In Nangoi's words, "the theme 'Rise of the Future Mobility' was chosen because we wanted to emphasize how rapid the developments in the global automotive industry have been. Various technological breakthroughs are driving changes in the automotive industry for the better. These changes are what we want to show at GIIAS 2017, the goal is to urge industry players and the community to begin to adapt and prepare for the globalization that is taking place in the automotive world," he explained.

- New Products & Cutting-Edge Technology are GIIAS's Main Allure

At every GIIAS event, GAIKINDO strives to present an international-standards exhibition that can satisfy visitors and support participants. To achieve this, said Nangoi, GAIKINDO was listening and responding to automotive enthusiasts to fulfill their wish to be able to attend and watch an automotive event that provides the best experience.

Rizwan Alamsjah, Chief Organizer of GIIAS 2017, explained that as a part of the world automotive exhibition series, GIIAS was highly anticipated by Indonesian sole agents and their brand principals. GIIAS 2016 presented 36 products from participating sole agents, including 26 product launches, one world premiere, two ASEAN premieres, 19 Indonesian premieres and 14 concept cars.

Rizwan hopes that GIIAS 2017 will continue to be an opportunity for APM participants to introduce their best products. "At last year's event GIIAS included 36 launching events, including a world premiere, and concept cars. I think that this year will again be crowded and will feature another world premiere. I hope in the years ahead more world premieres will be held in GIIAS," he said.

Yohannes Nangoi agreed with his statement, adding that launches at GIIAS helped introduce the Indonesian automotive industry to the world, "We hope that the more products that are launched in Indonesia, the more it will raise the position of the Indonesian automotive industry in the world."

Rizwan also explained that based on the results of surveys conducted at previous GIIAS events, new products and technology were the allure and the main reason for visitors to attend GIIAS. As a world-class auto show series GAIKINDO wishes to consistently present an exhibition that leaves the best impression among automotive lovers.

Rizwan revealed that until now, as many as 30 GAIKINDO member automobile brands had expressed their full support for the title of GIIAS 2017. They consist of 22 brands of passenger vehicles, namely Audi, BMW, Chevrolet, Daihatsu, Datsun, Honda, Hyundai, Mazda, Mercedes-Benz, MINI, Mitsubishi Motors, Nissan, Renault, Suzuki, Tata Motors, Toyota, Volvo, VW, and Wuling, as well as eight brands of commercial vehicles, namely DFSK, FAW, Hino, Hyundai Bus & Truck, Isuzu, Mitsubishi FUSO, Tata Motors, and UD Truck.

- Full Support from Pertamina and Mandiri for GIIAS 2017

In addition to the support provided by the 30 APM participants, Rizwan added that GIIAS 2017 was once again supported by Pertamina and Bank Mandiri as sponsors. Pertamina is returning for the third time to give its full support. In its third incarnation, GIIAS continues to be in line with Pertamina's vision and mission and its commitment to continue innovating to support the development of Indonesia's automotive industry. Bank Mandiri's presence at GIIAS 2017 is supported by two Bank Mandiri subsidiaries, Mandiri Tunas Finance (MTF) and Mandiri Utama Finance (MUF), which will participate actively in the event.

The support from the biggest fuel producers and distributors, and one of the largest banks in Indonesia, is proof of GIIAS' attractiveness and potential. "We hope that the support from Pertamina and Bank Mandiri for GIIAS 2017 will provide more comfort and convenience for visitors and exhibitors this year. The presence of sponsors can certainly satisfy visitors in a variety of ways, from ease in carrying out transactions to exciting activities that visitors can directly participate in during the exhibition period," said Rizwan.

About GAIKINDO Indonesia International AUTO SHOW (GIIAS)

GAIKINDO hosted the very first Indonesian Autoshow in 1986. In 2006 the exhibition reached a new level, becoming an international-scale exhibition endorsed by OICA (Organisation Internationale des Constructeurs d'Automobiles), and changing its name to Indonesia International Motor Show (IIMS), and in 2009 moved to a larger venue in Jakarta International Expo - Kemayoran.

In 2015 a new chapter began, as the GAIKINDO Indonesia International AUTO SHOW (GIIAS), now the largest in Southeast Asia, held at the spacious Indonesia Convention Exhibition - Bumi Serpong Damai (ICE - BSD), a new destination of the MICE industry in Indonesia. GIIAS 2016 occupied 96,557 sqm, providing maximum convenience for visitors, transportation systems for easy access, and a series of shows that are both entertaining and educational. For more information, please visit www.indonesiaautoshow.com.

Contact:
Seven Events
Diah Putri
E: putri@seven-event.com
W: www.indonesiaautoshow.com


Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

New KBank JCB Credit Card for Japan Enthusiasts and Travelers

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TOKYO, Jun 20, 2017 - (ACN Newswire) - KBank and JCB International (JCBI), the international operations subsidiary of JCB Co., Ltd., have introduced the "KBank JCB Credit Card" to accommodate Japanese culture and lifestyles. A wide range of attractive privileges are offered, with first-year targets of 100,000 cards and spending of 2 billion Baht.

Mr. Pipit Aneaknithi, KBank President, said the popularity of Japan has continued to flourish in Thailand. Being among the most-visited destinations of Thai travelers, Japan welcomed 900,000 tourists from Thailand in 2016, generating the sixth-highest tourism receipts of worldwide visitors. In addition to their charming shopping venues and unique cultural tourism sites, appealing marketing activities and promotional campaigns have been added as attractions for Thai customers. Last year, spending in Japan via K-Credit Card amounted to approximately 3.3 billion Baht, with accommodations, apparel and retail merchandise ranked as the top three spending categories. Japan is therefore an interesting market.

On account of all this, KBank has partnered with JCBI to launch the KBank JCB Credit Card under the concept, "Superb Deals! for Japan Lovers". There are Platinum, Gold and Classic cards, beautifully designed in a modern Japanese style. More fun is found with card envelopes in a Moire' pattern that is animated when the card is pulled out of the envelope, unique among credit cards in Thailand. A target of 100,000 new cards has been set for the card's initial year, with total card spending of 2 billion Baht.

The KBank JCB Credit Card offers multiple exclusive privileges selected for Japan lovers to enjoy their experiences both in Thailand and Japan. Cardholders, especially career people, who prefer Japanese food or shopping for Japanese brands, will get many more discounts and special offers from airlines, hotels and leading stores, which can be divided into three categories as follows.

- J-Highlighto: Scores of unique privileges are offered, such as 2x KBank Reward Points for any spending in Japan without minimum amount, zero-percent installment payment up to 10 months for purchase of air tickets and package tours to Japan with Majestic Travel, a discount of 0.15 Baht for every 100 Yen purchased with Thai Baht using the KBank JCB Credit Card at any KBank branch or Foreign Exchange Booth (excluding Suvarnabhumi and Don Mueang International Airport branches), as well as the use of airport lounge services worldwide.

- J-Discounto: Japan enthusiasts in Thailand can enjoy numerous discounts when spending with the KBank JCB Credit Card in dining, shopping and travel categories. For instance, they may get up to a 20-percent discount on foods at participating Japanese restaurants or with leading Japanese brands, specially-priced packaged foods, mobile Wi-Fi rental at a special rate, and cheaper Cathay Pacific air tickets, or they may redeem their accumulated points for extra discounts at leading department stores.

- J-Benefito: These include discounts, special reward points and other privileges at well-known shopping malls, retail and drug stores, such as Matsuya, Takeya, Big Camera, Marui, Matsumoto Kiyoshi, Sundrug, Sapporo Drug Store, Tsuruha Drug Store, Kirindo, and Big Drug, as well as personal accident insurance coverage of up to 8 million Baht.

Mr. Kimihisa Imada, President and Chief Operating Officer (COO) of JCB International Co., Ltd., said that Thailand is one of JCB's top destinations for business expansion and service provision to JCB credit cardholders, because of the growing popularity of Japanese culture in Thailand. The present cooperation with KBank is an important step for JCB's business strategy in Thailand, given that KBank is the market leader in the merchant business and credit card spending, as well as being JCB's strong business partner. This cooperation will offer KBank JCB credit cardholders greater convenience in spending and traveling in both Thailand and Japan, as well.

Currently, as JCB's paying agent, JCB cards are issued in 23 countries and territories, with a combined total of 105 million cards. Cooperating with business partners is one of JCB's strategies to bolster business growth. As a provider of payment solutions, JCB is committed to offering superior products and services to its customers globally. The company has formed partnerships with hundreds of leading banks and financial institutions worldwide to expand its credit card and merchant bases.

About JCB

JCB is a major global payment 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. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase merchant coverage and card member 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, please visit: www.global.jcb/en/ or http://www.th.jcb/th/

Note: Statistics in About JCB are as of March 2017.

Contact
JCB International Co., Ltd.
Kae Mitsuda
Global Business Planning
Tel: 81-3-5778-7963
Email: jcbinternational-pr@info.jcb.co.jp

KASIKORNBANK PCL
Rosawan Chanchenchop
Media Relation Officer
Tel: 66-2-470-2657
Email: rosawan.c@kasikornbank.com


Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

HKTDC Export Index: Hong Kong Exporter Sentiment at 4-Year High in Q2 Survey

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HKTDC Director of Research Nicholas Kwan (centre), HKTDC Principal Economist (Global Research) Daniel Poon (right) and HKTDC Principal Economist (Asian and Emerging Markets) Dickson Ho (left) announce the latest HKTDC Export Index and discuss the latest global market outlook.
HKTDC Research also Explores Philippines as Manufacturing Base

HONG KONG, Jun 20, 2017 - (ACN Newswire) - The HKTDC Export Index, for the second quarter of 2017 (2Q17), has climbed to a 16-quarter high of 50.1 and up from the 47.1 recorded in the first quarter of the year, the Hong Kong Trade Development Council (HKTDC) announced today. The results are the first since the second quarter of 2013 to surpass the 50 mark, reflecting positive sentiment among local exporters. HKTDC Research also raised its 2017 Hong Kong export growth forecast to five per cent from a flat projection issued last December.

"Overall, exporters have turned cautiously optimistic with regard to their likely export performance over the short term," HKTDC Director of Research Nicholas Kwan said at today's press conference.

"Given an improving global trade environment, Hong Kong's export performance has been above par thus far. With the expansion in both developed and emerging economies staying generally on course, overall foreign demand should remain sturdy over the medium term, although growth of Hong Kong exports is expected to moderate in the second half of 2017 amid a higher comparison base," he added.

Nevertheless, Mr Kwan warned of major downside risks, namely an undercurrent of protectionism in the United States, political uncertainties in the European Union and heightened geopolitical tensions.

According to the 2Q17 Export Indices for individual markets, China surpassed the US and Japan as the most promising market as viewed by local traders. The Chinese mainland market figure was 51.9, while the EU was up slightly to 49.6, and numbers for the Japan and the US declined. The HKTDC Export Index monitors the current export performance of Hong Kong traders and gauges their near-term prospects. Readings above and below 50 indicate positive and negative sentiment, respectively.

- Continued recovery in mature markets

"Helped by a low comparison base and faster recovery of the global economy, Hong Kong's export performance has so far been above expectations," said HKTDC Principal Economist (Global Research) Daniel Poon. Hong Kong exports surged 9.4 per cent year-on-year in the first four months of 2017, reversing a 0.5 per cent fall during the whole of 2016.

"In the developed world, rising confidence and falling joblessness have continued to fuel US growth. Given accommodating policies, improving labour markets and increasing exports, the EU is also witnessing a cyclical economic upturn, while the Japanese economy is growing at a modest pace amid sustained fiscal stimulus and steady exports," Mr Poon said.

In the first four months of this year, Hong Kong exports to the US rose 1.3 per cent, those to the EU were up three per cent, and those to Japan increased 5.3 per cent.

- Emerging markets remain promising

While Hong Kong exporters are advised to intensify their sales efforts to capitalise on growing opportunities in the developed world, they should not overlook emerging economies, which are expected to continue to do well over the medium term, he said.

"A projected stabilisation of oil and commodity prices should continue to augur well for the economies dependent on natural resources," remarked Mr Poon. He added that an improved appetite for consumption in developed nations will further boost export-oriented emerging economies at large.

"Developing Asia continues to be the most dynamic region," said Mr Poon, noting that although China is experiencing slower growth in the midst of economic restructuring, its pace of expansion is still relatively enviable. In the first four months of 2017, Hong Kong exports to the mainland and ASEAN grew 10.3 per cent and 8.6 per cent respectively.

- Bright spots

With cautiously optimistic prospects for overall exports, Mr Poon expected a brighter outlook for several industries:

Electronics:
The sector will remain the main growth driver. Augmented reality/virtual reality (AR/VR) technologies, which are closely related to audio-visual applications, are popular. Wearable electronics are expected to enjoy massive growth, while smart home items have good potential.

Clothing:
An improving global trade environment should stimulate sales, but prospects will be clouded by continued competition from neighbouring countries such as Vietnam, Cambodia, Myanmar and Bangladesh.

Toys:
There are decent sales prospects on the back of sustained interest in licensed toys related to blockbuster movies, strong spending on educational toys, growing interest in toys marketed to adults, and the rising popularity of AR/VR applications for traditional toys.

Timepieces:
A more stable external environment will likely lend support to exports. Smart watches, especially hybrid versions with analogue displays that look like their traditional counterparts, will probably become the new growth medium.

Jewellery:
Demand for high-end items will still be capped by diehard consumer conservatism, but demand will be increasingly robust for more affordable items that feature good design, quality and craftsmanship.

- Philippines as an option for manufacturing relocation

For manufacturers seeking alternative production bases to relocate or diversify production in view of soaring costs in the mainland, the Philippines is an alternative, according to an HKTDC Research study highlighted today. Dickson Ho, HKTDC Principal Economist (Asian and Emerging Markets), said that the skilled and trainable workforce and burgeoning retail market in the Philippines offer opportunities.

"The Philippines as a manufacturing base enjoys a distinct edge compared with other relocation hotspots in Southeast Asia with its English-speaking workers, who are both skilled and trainable," Mr Ho said. "This presents an attractive option to foreign investors confronted with the challenge of labour management and training in alternative production bases."

The Philippines registered strong economic growth of 6.8 per cent in 2016, driven by robust manufacturing and business processing services, amid strong investment and consumption buttressed by hefty overseas remittances. "Fast income growth and a surge in purchasing power have combined to transform this archipelago state of more than 100 million people into a burgeoning modern consumer market. Foreign manufacturers can find local sales opportunities while also serving the export market," added Mr Ho.

During a recent trip to Manila, HKTDC Research found that businesses were optimistic about the country's future development. "They were generally supportive of the government's economic policy and believed President Rodrigo Duterte's strong government could better tackle the long-standing problems of red tape and bureaucracy in the Philippines," reported Mr Ho. "Besides, infrastructure is showing encouraging signs of improvement in areas within and near Metro Manila," he said.

More than 70 per cent of Hong Kong's imports from the Philippines in 2016 were re-exported to the mainland, indicating Hong Kong's important role in Philippine-China trade.

Podcast: 2017 Export Review: http://bit.ly/2sRphD8
Photo Download: http://bit.ly/2sKBpW3

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

About HKTDC

Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. 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, Asia and the world. With 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international 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 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

China Everbright Assets Management Limited, a Wholly-owned Subsidiary of China Everbright Limited, Wins Big at the First Overseas Golden Bull Fund Award Ceremony

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From left: Girish Kumarguru, Managing Director & Portfolio Manager of CEL; Will Chung, Managing Director & Portfolio Manager of CEL; Yang Ping, Chief Investment Officer of CEL; Keith Wu, Managing Director & Portfolio Manager of CEL
- Receives Awards for Three-Year Overseas Golden Bull Private Fund Company (Fixed Income) and One-Year Overseas Golden Bull Private Fund Investment Managers (Equity Long-only and Fixed Income)

HONG KONG, Jun 20, 2017 - (ACN Newswire) - China Everbright Limited ("CEL"; HK:165) is pleased to announce that its wholly-owned subsidiary, China Everbright Assets Management Limited received 3 awards out of the total 11 awards given by the First Overseas Golden Bull Fund Award. These awards are: Three-Year Overseas Golden Bull Private Fund Company (Fixed Income); One-Year Overseas Golden Bull Private Fund Investment Manager (Equity Long-only), which was given to Keith Wu and One-Year Overseas Golden Bull Private Fund Investment Managers (Fixed Income) to both Will Chung and Girish Kumarguru. Golden Bull Award Series, hosted by China Securities Journal, in its long-held tradition since 2004 to recognize and honor outstanding fund management companies and investment managers held its first Overseas Golden Bull Fund Award Ceremony in Shenzhen on 17 June 2017.

Fund companies and investment managers are evaluated both quantitatively and qualitatively by judging committee on the funds they manage. Everbright Dynamic Bond Fund, which is managed by Will Chung and Girish Kumarguru, was first launched in December 2012. The fund primarily invests in a portfolio of Asian USD-denominated Investment Grade, High Yield and Convertible bonds. With an annualized net return of +9.2%, it is one of the largest private funds in its category with current AUM at USD 235+ million. Everbright Dynamic Bond Fund was nominated for "Best Emerging Market Credit Fund" by Investor Choice Awards earlier this year and "Best Fixed Income, High Yield and Distressed Fund" by AsiaHedge in 2016.

Everbright China Focus Fund, which is managed by Keith Wu, is a fundamental China-focused long-only absolute return fund, launched in January 2014. With an annualized net return of +18.42%, it has received numerous accolades and recognitions. Everbright China Focus Fund was awarded "Best Asian Long Only Absolute Return Fund" by EurekaHedge and ranked No. 6 by BarclayHedge for "Past 3-Year Annual Return among Emerging Market - Asia" funds in 2016. The Fund was also ranked "No. 1 among Emerging Market - Asia" funds and "Emerging Market Equity - Asia" funds in 2015.

China Everbright Assets Management Limited is a wholly-owned subsidiary of China Everbright Limited, a Hong Kong-listed cross-border asset management company and is an investment advisor registered under the Securities and Futures Commission of Hong Kong with Type 1, 4 and 9 licenses to deal in securities, engage in asset management and advise on securities in Hong Kong. As one of the core pillars of China Everbright Limited's asset management platform, China Everbright Assets Management Limited, along with its onshore Everbright Asset Management (Shanghai) Limited, provide domestic and foreign investors such as banks, insurance, securities, FOFs, family offices, wealth management companies and high net worth individual investors with a wide range of financial services and products such as investment advisory services, channel services, separately managed accounts, onshore and offshore long-only and hedge funds.

The Funds are available only for investment by professional investors (as defined under the Securities and Futures Ordinance). Investment involves risks. Fund price may move up or down. Past performance of any fund and securities is not indicative of future performance. Professional investors should refer to the offering documents (including the risk factors) before investing.

About China Everbright Limited

China Everbright Limited ("CEL", HK:165) is the largest overseas cross-border asset management and investment platform of China Everbright Group. It is the second-largest shareholder of Everbright Securities (stock code: 601788.SH, 6178.HK) and a strategic shareholder of China Everbright Bank (stock code: 601818.SH, 6818.HK), the controlling shareholder of the Hong Kong-listed China Aircraft Leasing Group Holdings Limited (stock code: 1848.HK), the largest shareholder of Shanghai Jiabao Industry & Commerce (Group) Co., Ltd (stock code: 600622.SH) and the second-largest shareholder of the Singapore-listed Ying Li International Real Estate Limited (stock code: 5DM. SGX). As at end-2016, CEL managed 36 funds with a total fundraising amount of more than HK$87.5 billion. Everbright Group, the parent company of CEL, is a state-owned financial conglomerate with AUM of approximately RMB4,400 billion as at end-2016. For more information about CEL, please visit www.everbright165.com.

For enquiries, please contact:
Golin
Annie Leung
Tel: +852 2501 7918
Email: aleung@golin.com

Max Lau
Tel: +852 2501 7905
Email: mlau@golin.com



Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

Pine Care Group Announces Annual Results for the Year Ended 31 March 2017

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Revenue Amounted to HK$177.3 Million; Interim Dividend of HK$1.68 cents per Ordinary Share
Pine Care Place is Expected to Commence its Operation in the Fourth Quarter of 2017; Making Efforts to Expand into the Upscale Segment of the Industry


HONG KONG, Jun 21, 2017 - (ACN Newswire) - A leading operator of care and attention homes for the elderly in Hong Kong, Pine Care Group Limited ("Pine Care Group" or the "Company", together with its subsidiaries, the "Group", stock code: 1989.HK), today announced its consolidated results for the year ended 31 March 2017 ("FY2017" or "Year Under Review").

FY2017 has been a significant year for Pine Care Group. Since the Group's listing on the Main Board of The Stock Exchange of Hong Kong Limited on 15 February, 2017, the management team has been focusing on pursuing growth opportunities and strengthening the Group's operational capabilities in preparation for the rapidly changing competitive landscape of the industry. Thanks to proper operation, and benefiting from the strong demand for quality elderly care services in Hong Kong, the Group achieved good operation results in FY2017. In the Year Under Review, the Group has delivered a revenue growth of approximately 2.6% to HK$177.3 million in FY2017 from HK$172.7 million in FY2016. As operation activities have brought in a steady cash flow, the Board has resolved to declare an interim dividend of HK1.68 cents per ordinary share.

Mr. YIM Ting Kwok, Chairman and Executive Director of Pine Care Group, said, "Pine Care Group has been serving the elderly in Hong Kong since 1989. Since then, we have always emphasised on the quality and innovation of our services, and have always operated based on our guiding principles. We attract the best staff members possible and having the right system in place to help them reach their full potentials, respect the elderly residents as our families, and we always put the best interests of the elderly residents above all other matters. In the past 28 years, through good and bad times, we have always held firmly to these principles, and these are the principles that have guided us to where we are today."

In the Year Under Review, due to the strong demand for quality elderly care services in Hong Kong, the Group's overall average occupancy rate was kept at a relatively high level of 92.7% in FY2017. The major source of revenue for the Group is from the rendering of elderly home care services. Revenue generated from said business has increased by 3.3% to HK$151.8 million in FY2017 from HK$146.9 million in FY2016, which accounted for approximately 85.6% of FY2017 revenue, showing a steady growth. On another note, as part of the Group's continual effort to increase service standards, the Group has applied to the Social Welfare Department to upgrade all of its care and attention homes currently classified as EA2 under the EBPS to EA1 status. All applications have been approved. The requirements for EA1 include a higher labour ratio and floor area per residential care place, which represent an improvement in the Group's service quality.

Concurrently, the Group has been adjusting its care and attention home network. In the Year Under Review, the Group has successfully acquired and disposed one care and attention home respectively, so as to ensure stable operation of its care and attention home network. The Group now operates nine care and attention homes with over one thousand residential care places across five districts in Hong Kong. In the Year Under Review, the Group successfully completed the acquisition of Tsuen Wan Elderly Care Services Limited so as to accommodate the majority of the existing residents of Pine Care (Po Tak Branch) Elderly Centre, which had to be relocated due to the early termination of the lease by the landlord. The new care and attention home was named Pine Care Chun King Elderly Centre with a net floor area of approximately 11,544 sq. feet, which can accommodate 113 residents. The Group has signed a new EBPS agreement with the Social Welfare Department for the new care and attention home. The Group has also entered into a formal agreement to dispose of Pine Care Centre Limited located in Kwun Tong in response to the non-renewal of the lease by the landlord.

The fitting out of the Group's new upscale care and attention home, Pine Care Place, is well underway, and is expected to begin operations in the fourth quarter of 2017. Pine Care Place is positioned as an upscale care and attention home with a floor area of approximately 33,424 sq. feet, designed to accommodate 68 residential care places. In addition to a higher standard of accommodation and a higher labour ratio compared to EA1 standards, Pine Care Place will also offer more individualised services and lifestyle-oriented facilities. Pine Care Place is the Group's first foray into the upscale segment which represents one of the major directions of the Group's future growth strategy. With the Group's operational capabilities, proven track record of delivering quality elderly care service, and the trend for increasingly higher levels of service, Pine Care Place will undoubtedly become the Group's new driver for growth.

In order to facilitate the future developments, to adapt to shifting competitive landscape and customer expectations, the emphasis in the coming year for the Group will be placed on renovation of existing care and attention homes, giving them a fresh look and a betterment of the facilities, and continue development in the Group's IT system. At the same time, the Group will strengthen its HR efforts to recruit and retain qualified staff, with the aim to reduce the number of temporary agency staff and to combat labour shortage in the industry. The Group will also expand horizontally through the acquisition of properties suitable for replicating its proven business model by using the listing proceeds, and enter into the upscale silver age segment through Pine Care Place.

Mr. YIM concluded, "Looking ahead, the market demand is expected to remain robust and grow at a faster pace than supply. Together with the favourable policy environment and our track record as an industry leader, the Group has every reason to believe that we are well positioned to capture the opportunities that lie ahead. We will grasp the opportunities for growth in the industry and optimise our services incessantly, so as to uphold and strengthen our market position in the industry, and create more value for our shareholders and the society."




Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

BlackGold Natural Resources to Raise Further S$8.2 Million through Share Placement

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- Issue of 66,703,000 million shares at S$0.123 per share
- Gross proceeds of S$8.2 million for the Group's business investment purposes and to further strengthen its working capital position

SINGAPORE, Jun 23, 2017 - (ACN Newswire) - BlackGold Natural Resources Limited ("BlackGold" or the "Company" and together with its subsidiaries, the "Group") is pleased to announce that the Group has entered into a share placement agreement (the "Placement") pursuant to which the Group intends to issue up to 66,703,000 new ordinary shares in the capital of the Company (the "Placement Shares") at S$0.123 per share to raise gross proceeds of up to S$8.2 million.

The placement price of S$0.123 per Placement Share represents a discount of approximately 9.36% to the volume weighted average price of S$0.1357 for trades done on the Catalist of the Singapore Exchange Securities Trading Limited ("SGX-ST") on 19 June 2017.

The Company intends to use part of the net proceeds for its business investment purposes, including developmental expenses relating to the Riau 1 Project, and also to further strengthen its working capital position.

The Riau 1 Project is a joint cooperation project between BlackGold and China Huadian Engineering Co., Ltd (the "Consortium") for the development of a 2 x 300 MW coal - fired power plant in Riau province, Indonesia (the "Riau 1 Project", or "Project"), as previously announced by the Company on 28 December 2015. The Consortium has participated in a bidding process (the "Bid") to provide electrical power to the Indonesia state-owned company, PT Perusahaan Listrik Negara ("PT PLN"). Further to a Ministerial Regulation by Indonesia's Ministry of Energy and Mineral Resources in February 2017, the manner of award of the Bid can now be made by way of direct appointment. Subject to the successful awarding of the Bid to the Consortium and entry into the relevant power purchase agreement with PT PLN, the Consortium shall construct and commission the Project to enable it to produce and supply electrical power to PT PLN.

Mr Philip Cecil Rickard, Executive Director and Chief Executive Officer of the Group commented: "We are very heartened by the support and strong interests received from the numerous investors who have participated in this placement exercise, which exudes confidence in the Group. The proceeds from this placement augments our readiness for the Project as we await the outcome of the Bid from PT PLN."

SAC Capital Private Limited has been appointed as the placement agent to procure subscribers for the Placement on a best endeavours basis. The Placement is subject to the fulfilment of certain conditions, including approval from the SGX-ST.

The sponsor of the Company, SAC Advisors Private Limited, will be making an application on behalf of the Company to the SGX-ST for the dealing in, listing and quotation of the Placement Shares on Catalist of the SGX-ST.

This press release is to be read in conjunction with the Company's announcement posted on the SGXNET on 23 June 2017.

ABOUT BLACKGOLD (Bloomberg Ticker: BHR:SP)

The Group is an Indonesia-focused coal mining company targeting Indonesia's rapidly growing power plant industry. Through long term, fixed offtake agreements with its principal customers, the Group has a customer portfolio consisting of state-owned and independent power plants and factories.

The Group, through its local subsidiaries, has the rights to three coal concessions in Riau, Indonesia.

Currently, the Group, through its subsidiary PT Samantaka Batubara, has a coal concession for an area of 15,000 hectares, and has over 200 million tonnes of Coal Resources (JORC Code compliant). For more information, please visit www.blackgold-group.com.

Contact:
BlackGold Group
T: +65 6884 4418
E: investor.relations@blackgold-group.com

This press release has been prepared by BlackGold Natural Resources Limited (the "Company") and its contents have been reviewed by the Company's sponsor, SAC Advisors Private Limited (the "Sponsor"), for compliance with the relevant rules of the Singapore Exchange Securities Trading Limited (the "SGX-ST"). The Sponsor has not independently verified the contents of this press release.

This press release has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this press release, including the correctness of any of the statements or opinions made, or reports contained in this press release.

The contact person for the Sponsor is Mr. Sebastian Jones, Director, at 1 Robinson Road, #21-02 AIA Tower, Singapore 048542, telephone: +65 6532 3829.

SAC Capital Private Limited is the parent Company of SAC Advisors Private Limited.


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