Highlights of FY20/21 Half-Year Results Group sales US$1,330 million — down 15% compared to first half of the prior financial year Gross profit US$300 million or 22.5% of sales (compared to US$357 million or 22.8% of sales in prior half year) Underlying EBITA margins, adjusted to exclude the impact of significant non-cash and divested items, increased to 10.2% from 9.9% in prior half year Net profit […]
First unsecured corporate JPY term loan at JPY Tibor plus 2.00% Enhanced banking relationship with E.Sun Commercial Bank, Ltd (“E.Sun”), MUFG Bank, Ltd. (“MUFG”) and Sumitomo Mitsui Banking Corporation (“SMBC”) Demonstrates ESR’s ability to further reduce its borrowing cost post IPO with improved credit profile HONG KONG SAR – Media OutReach – 3 November 2020 – ESR Cayman Limited (“ESR” or the “Company”, together with its subsidiaries as the “Group”; SEHK […]
Sri Lankan logistics giant automates its logistics value chain with Infor WMS & Infor Birst, improving productivity SINGAPORE – Media OutReach – 30 October 2020 – Infor, a global leader in business cloud software specialized by industry, announced today that Sri Lankan logistics giant John Keells Logistics will leverage Infor Warehouse Management Systems (WMS) and Infor Birst to digitize and optimize its logistics value chain, enhancing […]
Frontrunning Open RAN Radio Units in preparation for TIP-incubated global trials HONG KONG, CHINA – Media OutReach – 29 October 2020 – Comba Telecom Systems Holdings Limited (“Comba Telecom” or “the Group”, SEHK stock code: 2342), a global leading solutions and services provider of wireless and information communications systems, announced that it has started numerous Open RAN technology validation and trials with leading operators in Europe, MENA, APAC, Australia and […]
HONG KONG, CHINA – Media OutReach – 27 October 2020 – Integrated papermaking specialist, XSD International Paper Sdn Bhd (“XSD”) announced that it has entered into a power purchase agreement (“PPA”) with NEFIN Group (“NEFIN”). The PPA was signed at a signing ceremony held at NEFIN’s office at Penang where XSD was represented by its President, Ms. Joyce Shi ChenYe (施晨燁), NEFIN was represented by its Special Executive to the Chairman, […]
Creating Better Lifescapes through Initiatives in Adopting Renewable Energy, Reducing Single-Use Plastics and Redefining Property Development Philosophy HONG KONG, CHINA – Media OutReach – 23 October 2020 – Sino Group today announced its Sustainability Vision 2030 (‘SV2030’) initiative in support of the United Nations Sustainable Development Goals (UNSDGs). Under its SV2030, the Group has set sustainability goals that align with the six key areas of focus under its ‘Creating […]
High-quality land bank and strong execution, stable profitability and financial leverage HONG KONG, CHINA – Media OutReach – 22 October 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 that Lianhe Ratings Global Limited (“Lianhe”), an international credit rating company, has upgraded CIFI’s global scale […]
Offer Price at Between HK$7.0 to HK$8.13 per Share to Raise Gross Proceeds up to HK$3.117 billion and to Introduce a Number of Solid Cornerstone Investors HONG KONG, CHINA – Media OutReach – 19 October 2020 – KWG Living Group Holdings Limited (“KWG Living” or the Company”, together with its subsidiaries, the “Group”, HKSE stock code: 3913), a comprehensive property management service provider in China today announces the details […]
HONG KONG, CHINA – Media OutReach – 12 October 2020 – Jia Group Holdings Limited (“Jia Group” or the “Group”, HK stock code: 8519) ,a leading F&B operator with strong brand value and growth potential in the Greater Bay Area, is pleased to announce today that the three celebrity chefs Julien Royer, Agustin Balbi and Ricardo Chaneton were included in the “The Best Chef Awards 2020” award Top 100, ranking […]
First-of-its-kind virtual event from 15 to 17 October 2020 allows home buyers to enjoy 3D walk-throughs of newly launched condominium projects and their surrounding environments SINGAPORE – Media OutReach – 8 October 2020 – MOGUL.sg, a property technology (PropTech) start-up, has today announced the launch of Singapore’s first-ever 3D Virtual Property Expo. Featuring Singapore Land Authority (SLA)’s OneMap3D and taking place from 15 to 17 October 2020, the Expo […]
Introduces Chartwell Capital as strategic investor HONG KONG, CHINA – Media OutReach – 5 October 2020 – Jia Group Holdings Limited (“Jia Group” or the “Group”, HK stock code: 8519) announced that the Group completed the placing of 172 million new shares at HK$0.08 per share, and the net proceeds of the placing are approximately HK$13.2 million. The placing received positive responses and was oversubscribed, reflecting capital market’s optimistic view on […]
HONG KONG, CHINA – Media OutReach – 30 September 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 that the world’s largest index company MSCI Inc. has upgraded CIFI’s ESG (environmental, social and governance practice) rating to ‘BB’ from ‘B’ for its outstanding performance in product safety and […]
Holistic Educational Programmes to Support over 1,000 Students and Nurture Spirit of Innovation HONG KONG, CHINA – Media OutReach – 28 September 2020 – The growing number of families in need seeking e-learning support under the ‘One Laptop’ programme (the ‘Programme’), jointly launched by the Hong Kong Innovation Foundation (‘HKIF’) and Sino Group in August 2020, reflects the increasing challenges and urgent demand in the community for technological support […]
Awards recognise outstanding contributions to FinTech sector, with Mr John Tsang, Senior Advisor of Bowtie, Mr Jim Lai, Vice President, Tencent Holdings Limited & Chairman, Fusion Bank Limited and Dr Suen Wai Mo, Founder & CEO, ClusterTech Limited on list of awardees HONG KONG, CHINA – Media OutReach – 25 September 2020 – The IFTA FinTech Achievement Awards 2019 (the “Awards”) organized by the Institute of Financial of Technologists of Asia […]
Industry leaders and analysts share perspectives and solutions to build business resiliency post-pandemic SINGAPORE – Media OutReach – 25 September 2020 – Fuji Xerox Singapore, a leading provider in document and communications solutions, presented the third edition of its flagship event; Innovation Re:Mix Forum Work Reimagined 2020. With approximately 80% of organisations in Asia Pacific expecting a decline in 2020 revenue, the Innovation Re:Mix Forum is particularly timely as […]
Arabian Post Staff Abu Dhabi’s sovereign investment company Mubadala and Barings, one of the world’s leading financial services firms, announced the formation of Barings Mubadala Enterprise (BME) – an evergreen origination platform seeking to provide financing solutions to European middle-market businesses. BME and its capital partners aim to provide $3.5 billion in financing over the next 18 months to help meet growing corporate demand for flexible capital solutions in Europe. […]
Refinitiv’s Diversity & Inclusion Index measures relative performance against multiple factors that define diverse and inclusive workplaces. 21 companies across eight countries in Asia-Pacific (APAC) are included in the 2020 D&I Index Top 100 List. Australia continues to lead the region with nine firms ranked among the top 100, followed by Japan and Malaysia with three companies each. These companies come from a wide range of industries, […]
Asia’s Largest and Leading Microbiology Research Institute Confirms Copperline’s Unrivalled Efficacy and Protection HONG KONG, CHINA – Media OutReach – 16 September 2020 – Copperline Mask is the first and only face mask with the proven ability to render the COVID-19 virus inactivate and terminate the replication of its RNA, according to the latest test results published early this month. The tests were conducted by […]
HONG KONG, CHINA – Media OutReach – 9 September 2020 – GS1 Hong Kong launches a brand new “Quality Food Scheme+” programme to encourage food & beverage enterprises to adopt more stringent measures in accordance with internationally accredited standards in terms of management, control and traceability, for example identifying critical control points along the food supply chain, which helps to enhance food safety and instil trust in consumers. (From […]
The first of its kind, the Microsoft Enabler Program provides cloud & AI training for PwDs, accessibility education for employer partners, and inclusive hiring from non-profit organizations supporting PwDs. SINGAPORE – Media OutReach – 9 September 2020 – The Microsoft Enabler Program launched today pioneers disability inclusive workplaces across Asia Pacific by removing the barriers for a more diverse workforce. With more than 1 billion people with disabilities (PwDs) […]
Free public registration to e-meet 70+ social innovators HONG KONG, CHINA – Media OutReach – 7 September 2020 – The 13th Social Enterprise Summit (“SES 2020”) will be held from 19 to 21 November 2020 with the chosen theme “new normal‧collective power”. The flagship annual International Symposium to inspire and empower social innovation, with 70+ top international and local speakers in 20 sessions, will be opening up for free […]
HONG KONG, CHINA – Media OutReach – 1 September 2020 – On 18 August 2020, A-City Group Limited (“A-City” or “the Company”) launched its new brand concept at an event featuring the beauty of smart living at the Ritz-Carlton, Guangzhou. The event was attended by Mr Chen Zhuo Lin, Chairman and President of Agile Group Holdings Limited (“Agile” or “the Group”, Stock code: 3383.HK) , and other senior executives of […]
Seizes the demand of new infrastructure and develops high-end aluminium products Carries on the spirit of innovation to strengthen product advantages Results Highlights: Seized the demand of new infrastructure, and continued to leverage the synergistic advantages of its three core businesses. Resumed operation and production in the second quarter, with all businesses progressed in an orderly manner. Recorded sustained income from aluminium alloy formwork leasing business. Contributed […]
Core operating performance continues an upward trend, revenue up 10.5% to RMB388 million while core net profit up 14.4% to RMB270 million. Occupancy rate for stabilized logistics parks remains high at 89.7%; gross floor area (GFA) of investment projects is approximately 4.39 million sq.m and GFA of land held for future development is approximately 5.01 million sq.m. Steadily developed investment fund project. The Group announced the establishment […]
