By Saifur Rahman Investment Corporation of Dubai (ICD), the investment arm of Dubai Government, reported a 1000 percent growth in net profits exceeding Dh14.8 billion in the first half of 2022, on Dh121.1 billion revenues reported in the same period that saw its assets value exceeding Dh1.14 trillion by the end of the first half of this year that reflects the strong growth witnessed by major businesses […]
This festive season, LANDMARK celebrates with four charity partners empowered by Hongkong Land HOME FUND HONG KONG SAR – Media OutReach – 25 November 2022 – Celebrate the Love of Giving at LANDMARK this festive season with Mrs Claus and her team of over 80 Christmas Helpers as they create delicious cookie treats to share with family and friends at her magnificent bakery. A bakery complete with […]
Hightlights: Revenue increased by 19.6% to approximately HK$1,031.9 million. Gross profit increased by 30.7% to approximately HK$364.7 million, gross profit margin increased by 3.0 percentage points to 35.3%. Profit attributable to owners of the Company increased by 261.5% to approximately HK$82.0 million. As at 30 Sep 2022, the Group operated a total of 144 chain retail stores, representing an increase of 15 stores as compared with the […]
HONG KONG SAR – Media OutReach – 25 November 2022 – Hongkong Land HOME FUND (“HOME FUND“) yesterday completed two momentous years of empowering younger generations, promoting social inclusion, and helping disadvantaged families facing housing-related social issues. To mark the second anniversary of HOME FUND, Hongkong Land announced new partnerships for 2023, and shared various achievements of the past two years. (from left to right) Ms Cressida […]
OMNI Classic Fillet, Omni Golden Fillet, OMNI Porkless Paste, OMNI Porkless Luncheon have hit the store shelves across the country VANCOUVER, CANADA – Media OutReach – 18 November 2022 – Foodtech company OmniFoods has endeavored to bring healthy and sustainable products through innovation. After a successful launch at Walmart in the US, OMNI is delighted to announce that its 100% plant-based OmniPork and OmniSeafood series, are now […]
Further expand business presence in Central China and continue to enhance toll revenue and profit contribution HONG KONG SAR – Media OutReach – 18 November 2022 – Yuexiu Transport Infrastructure Limited (“Yuexiu Transport” or the “Company”; stock code: 01052) today held a special general meeting to pass resolution on the acquisition of 100% of equity interests in the company which operates Lanwei Expressway in Henan Province from […]
Hong Kong SAR same store sales up 19.8% Group’s loss narrows by 26.7% YoY HONG KONG SAR – Media OutReach – 17 November 2022 – Sa Sa International Holdings Limited (“Sa Sa” or the “Group”, stock code: 0178) announced its interim results for the six months ended 30 September 2022 (the “period”). Dr Simon Kwok, Chairman and Chief Executive Officer of Sa Sa International Holdings Limited (left), […]
SINGAPORE – Media OutReach – 15 November 2022 – MOGUL.sg, a homegrown AI-driven property portal, has raised S$9 million in its first-ever funding round. The lead investor is Nech Capital, a Singapore-based alternative investment management company that invests in both public and private equities, including SMEs and start-ups. Gerald Sim, CEO and founder of Mogul.sg Gerald Sim, CEO, and founder of MOGUL.sg said: “Here at MOGUL.sg, it […]
HONG KONG SAR – Media OutReach – 11 November 2022 – Golden Bauhinia Women Entrepreneur Association (GBWEA) is a leading women’s chamber of commerce in Hong Kong. Driven by its vision ─ “Two sides of the strait; Women unite as one family; Exploring business opportunities; Giving back to society” ─ it strives to unite female entrepreneurs. GBWEA proudly presented the 4th Golden Bauhinia Women Entrepreneur Awards Presentation […]
By Arun Kumar Shrivastav The UN agencies and NGOs working in Sri Lanka have warned that the food crisis in the island nation with 22 million people is worsening. In its June 2022 report, the UN said that at least 1.7 million people need immediate help. Early this week, it said now the number has […]
The post Food Crisis Accentuates In Sri Lanka Affecting 3.4 Million Poor People first appeared on IPA Newspack.
Navigating Investment Opportunities and Risk Management with Equities First Holdings HONG KONG SAR – Media OutReach – 7 November 2022 – In collaboration with Economist Impact, Equities First Holdings Limited is thrilled to announce the second episode of podcast series Shelter from the storm: Investing in the Era of Uncertainty hosted on channel Asia Perspectives by Economist Impact. Covering all topics from investment opportunities to risk management, […]
The two FinTech companies inked a MOU to solidify their commitment to bridging the gap of interoperability between private market exchanges and institutions SINGAPORE – Media OutReach – 3 November 2022 – SDAX, a leading private markets investment and trading platform based in Singapore, announced a partnership with the signing of a Memorandum of Understanding (MOU) with Ownera, provider of a global inter-trading network based on the […]
CR Global Social Housing Fund, in its second series, will continue to invest in a portfolio of UK social housing to achieve social impact SINGAPORE – Media OutReach – 31 October 2022 – SDAX, a leading integrated investment and trading platform based in Singapore, will list CR Global UK Social Housing Fund II, a social housing fund-managed by FXHB Asset Management Pte Ltd, a Registered Fund Management […]
Financial Highlights For the six months ended 31 Aug HK$’000 2022 2021 Change Revenue 81,991 76,201 +7.6% Profit before taxation 52,684 44,807 +17.6% Profit for the period attributable to shareholders 44,120 37,611 +17.3% Net interest margin 15.6% 14.8% +0.8 p.p. Basic earnings per share (HK cents) 2.3 1.9 +21.1% HONG KONG SAR – Media OutReach – 27 October 2022 – The board of directors of Oi Wah […]
The 63-storey mixed-use downtown development is inspired by the tropical climate, taking cues from bamboo forests to create an indoor-outdoor vertical community of public spaces, offices, retail, hotel and luxury residences SINGAPORE – Media OutReach – 27 October 2022 – Skidmore, Owings & Merrill (SOM) has revealed the design of 8 Shenton Way, a new 63-story tower that will anchor the intersection of Singapore’s Central Business District […]
Datuk Chu acquires around 10% stake in Bluemount in his personal capacity The investment plan coincides with Industronics’ interest in acquiring 10% stake in Bluemount, which was announced last year Another investment holding company, Cyberport Tesla Technology has also acquired a 26.08% interest in Bluemount with the condition that the company must submit an application for listing on the London Stock Exchange’s Main Market by the end […]
Embarking on the First Step to Exploit Metaverse Platform HONG KONG SAR – Media OutReach – 18 October 2022 – Peking University Resources (Holdings) Company Limited (the “Company“, together with its subsidiaries, the “Group“; stock code: 618.HK), is pleased to announce that on 14 October 2022, the Company entered into a memorandum of understanding with The Nibiru Global Limited (“Nibiru“) (the “MOU“). Pursuant to the MOU, the […]
Pre-orders for new Surface products and accessories start 13 October 2022 SINGAPORE – Media OutReach – 13 October 2022 – Microsoft today commences pre-orders for new Surface products, including the Surface Pro 9 and the Surface Laptop 5 through its commercial authorized resellers, authorized retailers and Microsoft Store. Consumers who pre-order a Surface Pro 9 from now till 16 November will receive a complimentary Surface Pro Signature […]
HONG KONG SAR – Media OutReach – 30 September 2022 – Equities First Holdings Partnership Equities First Holdings Limited is thrilled to announce a collaboration with Economist Impact to bring forth a new series on the massively popular podcast channel, Asia Perspectives by Economist Impact. The new podcast series, Shelter from the storm: Investing in the Era of Uncertainty, aims to help listeners understand the financial risks […]
PlayUp is a next generation entertainment and technology group that develops its own innovative betting technologies to power its brands and deliver world-class user experiences Bradley Tusk to serve as Chairman of PlayUp’s post-closing Board, bringing decades of experience in tech, politics, and online betting Transaction is expected to close in Q1 2023 and the combined company will be listed on NASDAQ SYDNEY and NEW YORK – […]
HONG KONG SAR – Media OutReach – 20 September 2022 – Initiated and hosted by TusPark Hong Kong and InvestHK, GBA Innovation Summit, as the opening event of the 2022 StartmeupHK Festival, was successfully held online on September 5th, attracting 1300 registrants from 20+ regions and gaining 100,000 views online. The GBA Innovation Summit is a one-day virtual summit providing a glimpse of the unleashed potentials and […]
IGI Inex will obtain a relevant share position based on quantumrock’s valuation of €30 million with the right to extend its share position over time MUNICH, GERMANY – EQS Newswire – 16 September 2022 – London-based privately-owned global investment company, IGI Inex Holding, today announces it has become a strategic investor in artificial intelligence (AI) and machine learning (ML) leaders, Munich-based AI asset and portfolio management company, […]
Joint venture to raise funds of up to USD10 million, which NEFIN Group has committed to invest 90%, to develop, construct, and operate renewable energy projects, with capacity of approximately 15MWp, with a focus on solar energy generation, in Singapore and Malaysia The Group expects green energy generated from 15MWp solar projects will generate approximately 18,000 MWh per year, the equivalent of powering more than 5,000 three-room […]
TAIPEI, TAIWAN – Media OutReach – 12 September 2022 – As the wave of new digital technologies continues to sweep the world, Taiwanese financial industry players have embarked on the road of digital transformation. This includes the adoption of Artificial Intelligence (AI) and Machine Learning (ML) which is intended to give enterprises a data-driven competitive edge. AI Cloud leader DataRobot announced a collaboration with Shin Kong Financial […]
