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 […]
By Matein Khalid The brutal correction in NASDAQ last week did not spare such former tech sector darlings as cloud software, semiconductors and social media shares. The Big Daddy of social media is Facebook (symbol FB) and its shares were slammed by $19 on NASDAQ to $262 or $42 below its recent high. Even though Facebook beat the Street’s EPS whisper number, its CFO confessed that member […]
HO CHI MINH CITY, VIETNAM – Media OutReach – 30 October, 2020 – The HCM City Development Joint Stock Commercial Bank (HDBank, HOSE: HDB) reported pre-tax profits (separately) of VND3.615 trillion (US$155.5 million) for the first nine months of the year, a year-on-year increase of 31.9 per cent and equivalent to 107 per cent of the target. Non-interest income grew by 158 per cent in the third […]
Udemy has beaten Coursera to emerge as the most spectacular continuous growth e-learning/teaching platform franchise in Silicon Valley and its projected IPO in early 2021 on NASDAQ will be a milestone event, given its global brand resonance among the millennial/Gen-Z denizens of the Digital Age. After all, Udemy now boasts 55 million students in 190 countries, 150,000+ courses, 57,000 instructors teaching in 75 languages. In essence, Udemy’s […]
HO CHI MINH CITY, VIET NAM – Media OutReach – 26 October 2020 – Masan High-Tech Materials Corporation (“MHT” or the “Company”) signed definitive agreements to establish a strategic alliance in the tungsten industry with Mitsubishi Materials Corporation (“MMC”) with the objective of developing a leading, high-tech tungsten materials platform. Modern plant line of Masan High-Tech Materials in Vietnam As part of the strategic alliance, MMC will buy 109,915,542 newly […]
Project awarded the Financial Sector Technology & Innovation (FSTI) Proof of Concept Grant by MAS CORRECTION by Hashstacs – The 6th paragraph in the previous version has been deleted – The sub headline and the designation of the EFG Bank have been changed The corrected release reads: SINGAPORE / HONG KONG, CHINA – Media OutReach – 19 October 2020 – Hashstacs Pte Ltd (also known as […]
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 […]
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 […]
SINGAPORE – Media OutReach – 24 September 2020 – Ashnik today announced expanded open source database-based services through a new agreement with Redis Labs for Southeast Asia and India. Redis Labs is the home of Redis, the world’s most popular in-memory database, and the commercial provider of Redis Enterprise, which delivers instant experiences in a highly reliable and scalable manner for organizations ranging from high-growth start-ups, to large enterprises, and government agencies. […]
ZUG, SWITZERLAND – EQS Newswire – 21 September 2020 – Munich-based research agency Sphene Capital has started to cover SunMirror AG. The analysts of the agency focusing on small and mid caps award a buy rating to SunMirror shares at a price target of €68.90. In doing so, the determination of the price target is based on a 50:50 mix of a sum-of-the-parts valuation, which Sphene Capital developed […]
6.1 billion K-Pop-related Tweets in the past 12 months worldwide Over 300 K-Pop Topics (by artist names) that can be followed on Twitter #KpopTwitter World Map shows most mentioned K-Pop artists, most mentioned songs and fastest-rising artists in 20 markets worldwide Exclusive “Decade of #KpopTwitter” global live party in Twitter’s Blueroom to reward fans SEOUL, SOUTH KOREA – Media OutReach – 22 September 2020 – Over the past 10 years, Twitter […]
Data protection for financial services and governments with data residency requirements HONG KONG, CHINA – Media OutReach – 16 September 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, today announced that its hybrid cloud security offerings have received the AWS Outposts Ready designation, part of the Amazon Web Services (AWS) Service Ready Program. This designation recognizes that Trend Micro has demonstrated successful […]
SINGAPORE – Media OutReach – 11 September 2020 – Poker players who cross over to cryptocurrency trading are seeing astounding success out of the gate — for example, a trading team comprised of poker players and captained by poker star Mike McDonald placed in the top three in the recently concluded World Series of Trading (WSOT). A total overlay prize pool of $1.27 million in cryptocurrency was paid out […]
The Dubai Smartpreneur Competition, hosted in collaboration by Dubai Startup Hub, Entrepreneur Middle East & the Dubai Chamber of Commerce, is a prestigious, unique and one-of-its kind opportunity for innovative startups based in the UAE to partner with and contribute to the Dubai Government’s Strategy to elevate the city into a global platform for innovative businesses to thrive. As part of the 5th edition of the Dubai […]
HONG KONG, CHINA – Media OutReach – 28 August 2020 – Huami Corp. and Huami-USA (NYSE: HMI), a healthcare services company whose mission is to connect health with technology, and Prudential Corporation Asia (Prudential), a leading insurer and asset manager, today announced an extension of their partnership to provide Pulse by Prudential (Pulse) users access to Huami’s Amazfit range of wearable technology. Huami and Prudential will explore the integration […]
Proposed interim dividend of HK11 cents per share Contracted sales and cash collection for first seven months both exceeded RMB 100 billion HONG KONG, CHINA – Media OutReach – 28 August 2020 – CIFI Holdings (Group) Co. Ltd. (“CIFI” or the “Group”, HKEx stock code: 884), a leading real estate developer engaged in the property development and investment business in the first-, second- and robust third-tier cities in China, […]
Market Opportunities Arise for “Eco-friendly and People-oriented Property” Rapid Growth in Core Net Profit Make Efforts to Deploy Urban Renewal Increase Land Bank to Accelerate Geographic Deployment HONG KONG, CHINA – Media OutReach – 20 August 2020 – JY Grandmark Holdings Limited (“JY Grandmark” or the “Company“, which together with its subsidiaries, is referred to as the “Group“, stock code: 2231), a property developer and operator and […]
HONG KONG, CHINA – Media OutReach – 18 August 2020 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), the leader in cloud security, enhances agility and automation in cloud security through integrations with Amazon Web Services (AWS). As a result, Trend Micro delivers flexible and scalable all-in-one security that helps DevOps engineers securely build and innovate as they migrate to and build in the cloud. Trend Micro has demonstrated […]
SINGAPORE – Media OutReach – 18 August 2020 – The Board of Directors (“Board“) of Spackman Entertainment Group Limited (“Company“ and together with its subsidiaries, the “Group“) wishes to inform shareholders that the Company has today entered into a non-binding memorandum of understanding (“MOU“) with Spackman Equities Group Inc (“SQG” or the “Purchaser“), a company listed on the TSX Venture Exchange in Canada, pursuant to which the Company intends to sell […]
By Matein Khalid While brick and mortar property in Dubai is in a vicious bear market spiral, the COVID pandemic has been a dramatic money making opportunity in the shares of industrial property landlords. I had recommended the shares of Prologis (PLD), the NY listed logistics REIT at $60 on April 15th, 2018 and had it published in my media columns in the GCC and Britain. Prologis […]
Members of The 1 loyalty programme gain access to AI-driven lifestyle, health and wealth services HONG KONG, CHINA – Media OutReach – 11 August 2020 – Prudential Life Assurance (Thailand) Public Company Limited (“Prudential Thailand”) and The 1 CENTRAL LIMITED (“The 1”) today signed an agreement for the country’s first lifestyle and health collaboration, bringing enhanced digital services to members of Thailand’s leading loyalty programme. The 1 is […]
HONG KONG, CHINA – Media OutReach – 10 August 2020 – RB Hong Kong is proud to announce Dettol received the Health Partnership Award 2020 that recognized our contribution to Outstanding Community Service in Personal Hygiene under the category of Corporate Social Responsibility. The Health Partnership Award is themed “Be your healthiest self”, aims to raise people awareness of lifelong health and wellness, which perfectly connects with […]
