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Gudou Spring Superior Hotel opens amid fanfare and exudes charm of Jiangmen’s overseas Chinese culture

HONG KONG SAR – Media OutReach – 5 February 2021 – Gudou Holdings Limited (“Gudou Holdings” or “Company”, which together with its subsidiaries, is referred to as the “Group”, SEHK stock code: 8308), put its newly built Gudou Spring Superior Hotel (古兜泉峰江門記憶酒店) in Jiangmen into operation on 15 January 2021. Gudou Spring Superior Hotel is located on the bank of the Pengjiang River. The tranquil scenery of the two banks […]

How to Protect Yourself Against Identity Theft Online

When most of us think about identity fraud, we might imagine somebody physically getting access to our passport or driver’s license, cloning it, and posing as us from then on. But while this extreme form of identity theft certainly does happen, more often than not it is a crime that occurs online when cybercriminals get access to your passwords and begin posing as you in your online […]

GBG Intelligence Center enhances fraud prevention for Financial Institutions operating in today’s digital-first and mobile-first landscape and improves onboarding efficiency by 85% in APAC

Financial institutions utilising GBG Intelligence Center benefit from enriched data intelligence on identity verification, mobile and IP, location, cyber endpoint threat, credit risk, and relationship association to augment fraud detection and accuracy   SINGAPORE – Media OutReach – 4 February 2021 – GBG (AIM:GBG), the global technology specialist in fraud and compliance management, identity verification and location data intelligence, has today announced the launch of the GBG Intelligence Center. The dynamic […]

Sunlight Real Estate Investment Trust secures its Sustainability-linked Loan of HK$500 million from DBS Hong Kong

HONG KONG SAR – Media OutReach – 2 February 2021 – Henderson Sunlight Asset Management Limited (the “Manager“) and DBS Hong Kong jointly announce that Sunlight Real Estate Investment Trust (“Sunlight REIT“) has secured a HK$500 million sustainability-linked loan today.   This sustainability-linked loan is unsecured and has a tenure of five years. DBS Hong Kong will offer interest margin privileges based on satisfaction of predetermined sustainability performance targets relating […]

7 things to watch on Tadawul today

Here are a few things you need to know as Saudi stocks start trading on Tuesday. 1) National Commercial Bank (NCB) is planning to change the name of the merged entity after completing the planned

Kenanga Acquires ValueCAP ETF Business

KUALA LUMPUR, MALAYSIA – Media OutReach – 2 February 2021 – Kenanga Investment Bank Berhad today announced its acquisition of i-VCAP Management Sdn Bhd (“i-VCAP”) via Kenanga Investors Bhd (“KIB”), its fully owned subsidiary, following approval by the Securities Commission of Malaysia. i-VCAP is an award-winning, Shariah-compliant investment management services provider primarily focused on Islamic exchange-traded funds (“ETFs”). Datuk Chay Wai Leong, Group Managing Director of Kenanga Investment Bank.   “We […]

Dubai-Israel Trade Reaches $275 Million in Five Months

In the light of this exceptional growth, HE Sultan bin Sulayem believes opening new markets and stimulating mutual trade between Dubai and Israel will encourage companies to increase production, leading to greater economic growth and more job creation. Said Bin Sulayem: “The expansion of trade and investment between the two sides will benefit not only the business communities in the UAE and Israel, but also other stakeholders […]

Emirates News Agency – Trade between Dubai and Israel reaches AED1 billion in five months – Arabian Post

DUBAI, 30th January, 2021 (WAM) — Dubai’s trade with Israel in the last five months (Sep 2020 -Jan 2021) reached a value of AED1 billion and a volume of 6.217k tonnes, according to Dubai Customs statistics. Of this, imports were valued at AED325 million (718 tonnes), exports at AED607million (5.4k tonnes), and transit trade at AED98.7million (52.4 tonnes). In the light of this exceptional growth, Sultan bin […]

Emirates News Agency – UAE to host Israeli business, tech and investor delegation at 40th GITEX Technology Week – Arabian Post – Arabian Post

DUBAI, 30th November, 2020 (WAM) — The UAE is set to welcome the first Israeli technology delegation to the country at the landmark 40th edition of GITEX Technology Week, hosted at Dubai World Trade Centre. To be held from 6-10 December, GITEX this year is the world’s only live, in-person global technology event. The Israel Export Institute, IEI, Strategic Country Partner for GITEX, in partnership with Bank […]

Emirates News Agency – UAE to host Israeli business, tech and investor delegation at 40th GITEX Technology Week – Arabian Post

DUBAI, 30th November, 2020 (WAM) — The UAE is set to welcome the first Israeli technology delegation to the country at the landmark 40th edition of GITEX Technology Week, hosted at Dubai World Trade Centre. To be held from 6-10 December, GITEX this year is the world’s only live, in-person global technology event. The Israel Export Institute, IEI, Strategic Country Partner for GITEX, in partnership with Bank […]

Emirates News Agency – Trade between Dubai and Israel reaches AED1 billion in five months

DUBAI, 30th January, 2021 (WAM) — Dubai’s trade with Israel in the last five months (Sep 2020 -Jan 2021) reached a value of AED1 billion and a volume of 6.217k tonnes, according to Dubai Customs statistics. Of this, imports were valued at AED325 million (718 tonnes), exports at AED607million (5.4k tonnes), and transit trade at AED98.7million (52.4 tonnes). In the light of this exceptional growth, Sultan bin […]

Avnet Reports Second Quarter Fiscal 2021 Financial Results

$4.7 billion in sales, $0.19 EPS and $0.48 adjusted EPS exceeded guidance Third consecutive quarter of operating margin improvement PHOENIX, US – Media OutReach – 29 January 2020 – Avnet, Inc. (Nasdaq: AVT) today announced results for its second quarter ended January 2, 2021. Fiscal Second Quarter Key Financial Highlights: Sales of $4.7 billion up from $4.5 billion in the prior year quarter, supported by record sales in Asia of […]

China Dynamics Appoints International Advisors

Accelerates Expansion into Global Market   HONG KONG SAR – Media OutReach – 28 January 2021 – China Dynamics (Holdings) Limited (the “Company”; Stock Code: 476, together with its subsidiaries, collectively “China Dynamics” or the “Group”), a provider of new energy vehicles and technology integrated solutions, has announced its Team of International Advisors for supporting its growth strategy in the global market.   The Team of International Advisors comprises Mr. […]

Prince Holding Group Brings International Brands to Cambodia With New Commercial Retailing Project

HONG KONG SAR – Media OutReach – 27 January 2021 – Prince Real Estate Group, a member of Prince Holding Group, a leading conglomerate in Cambodia, has successfully conducted an investment agreement ceremony of Prince Square. The project will be the real estate developer’s first commercial retail project in Phnom Penh, Cambodia and it will bring a slew of well-known brand names like Adidas, Levi’s, Skechers, Nike […]

Securing Payments in Asia: Omise Integrates the EMV 3DS 2.2 Protocol Using Netcetera’s 3DS Server

Securing payments in Asia with latest 3-D Secure technology – Omise integrates the EMV(R) 3DS 2.2 protocol using Netcetera’s 3DS Server   ZURICH, SWITZERLAND and SINGAPORE – EQS Newswire – 27 January 2021 –  Securing payments in Asia with latest 3-D Secure technologyOmise integrates the EMV 3DS 2.2 protocol using Netcetera’s 3DS Server The Payment Service Provider Omise has implemented the Netcetera 3-D Secure Server to secure […]

In Parting Blow, Trump Administration Hits Cuba With ‘Terrorism’ Declaration

DHL Global Forwarding promotes two executives to key leadership roles in Asia Pacific

Niki Frank will expand his remit from managing the business in India to the sub-region of South Asia Yvonne Lee, Head of Strategic Projects for ASEAN and South Asia, will assume a new role as Managing Director in the Philippines SINGAPORE – Media OutReach – 12 January 2021 – DHL Global Forwarding, the leading international provider of air, sea and road freight services, has announced two appointments to its Asia […]

Shopmatic Set to Turn Cash Positive in 2021

Achieves revenues of over $7M in 9 months (Apr-Dec 2020) while being EBITDA positive in line with its aim to be a $100M business by 2024   The Singapore based e-commerce enabler is in advanced discussions to close a Series B fund raise to fuel its aggressive growth plans   SINGAPORE – Media OutReach – 12 January 2021 – Shopmatic, leading international e-commerce enabler has registered revenues of over […]

Shuaa buys AED 1.1b Stanford Marine debt

Arabian Post Staff | SHUAA Capital announced that it has successfully completed a debt buyout of Stanford Marine Groups AED 1.13 billion (USD 308 million) facility, resulting in a successful outcome for all parties involved, including the participating banks. SMG is one of the most prominent and diversifed offshore services companies in the Middle East, with a focus on chartering, building and repairing offshore support vessels for the […]

CIFI’s contracted sales grew significantly by 36% YoY to record high of RMB30.98 billion in December 2020

Full year contracted sales reached RMB231 billion, up approx. 15% YoY ; Achieved about 100.4% of full year sales target (RMB230 billion)   HONG KONG SAR – Media OutReach – 8 January 2021 –  In December 2020, the Group achieved contracted sales of approx. RMB30.98 billion, representing a YoY increase of approx. 36% (compared to December 2019). Contracted GFA amounted to approx. 2,204,300 sq.m. and contracted ASP was approx. RMB14,100/sq.m. […]

CIFI issues US$419 million senior notes at a coupon rate of 4.375% with a 6.25-year maturity

Hit the record for the longest maturity period and the lowest coupon rate of the Group’s offshore bond issuance Optimize the Group’s financing costs and extend debts duration HONG KONG SAR – Media OutReach – 6 January 2021 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer and investor in first-, second- and robust third-tier cities in China, is pleased to […]

NEFIN in Partnership with Hong Kong Baptist Theological Seminary (HKBTS) Embrace Carbon Neutrality for a Green Campus

316 Solar Panels Built on 6 Rooftops of HKBTS Campus Buildings   HONG KONG SAR – Media OutReach – 5 January 2021 – NEFIN, a leading solar developer and investor in carbon neutrality solutions in Asia, is pleased to announce the implementation of four holistic solar PV systems in the main campus of Hong Kong Baptist Theological Seminary (HKBTS), one of the established seminaries in Hong Kong.  The four solar […]

CIFI signed US$362 million 3.5-year syndicated bank loans

To further lower financial costs and broaden financing channels for the Group’s sustainable development   HONG KONG SAR – Media OutReach – 31 December 2020 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer and investor in first-, second- and robust third-tier cities in China, is pleased to announce that CIFI signed syndicated loan facility agreements with several banks and […]

Above Creative Events (ACE) Broke the Malaysia Book of Records While Helping Malaysia Corporations Grow Brand Engagements and Sales Via Virtual Events Without Having to Spend More Amid Pandemic

KUALA LUMPUR, MALAYSIA – Media OutReach – 31 December 2020 – Leading event organiser across the region, Above Creative Events (M) Sdn. Bhd. (ACE) celebrated two significant milestones in their illustrious business history with the recognition by the Malaysia Book of Records for having organised the ‘Most Number of Virtual Annual General Meetings in a Month’, in June 2020 and ‘First To Organise Virtual IPO Listing’ in October 2020. The recognition of […]