Offer Price is HK$30.21 per Share To Raise Proceeds Up to HK$ 779 Million China’s largest retail digitalization solution provider– Dmall Inc. (Dmall or the Company, HKG: 2586), today announced the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited (Hong Kong Stock Exchange). Dmall plans to offer 25,774,000 Shares (subject to the over-allotment option), of which 23,196,600 Shares will be International Offer Shares (subject to reallocation and the over-allotment option), representing approximately 90% of the initial offer shares; the remaining 2,577,400 Shares will be Hong Kong Offer Shares (subject to reallocation),…
Author: Marie Jones
Niyo, India’s leading fintech startup, teamed up with CleverTap, the all-in-one engagement platform, to improve customer experiences through personalized engagement and real-time interactions. Since its founding in 2015, Niyo has been revolutionizing financial services in India, particularly with its international travel cards and app-based financial services, catering to the evolving needs of its users. In its almost decade-long journey, Niyo recognized the challenges that modern Indian travellers face at every touchpoint while venturing abroad. It sought a feature-rich user engagement platform that would effectively deliver the right solutions to its customers and found the ideal partner in CleverTap. By leveraging CleverTap’s…
The Company’s Manufacturing Division Remains a Key Contributor Amid Market Volatility Industrialised building systems specialist, Sarawak Consolidated Industries Berhad (SCIB or the Company) is pleased to announce its unaudited financial results for the first quarter of the fiscal year 2025 (Q1 FY2025). The Company reported a revenue of RM45.1 million, marking a 14.6% year-on-year increase compared to RM39.4 million in Q1 FY2024. The growth in revenue is largely due to the increased recognition of construction works done from ongoing projects. As for Q1FY2025, SCIB’s Manufacturing division continues to play a pivotal role in the Company’s performance, contributing RM32.5 million to…
90% of Hong Kong businesses foresee e-commerce growth experts call for risk management The Hong Kong Export Credit Insurance Corporation (HKECIC) and Hong Kong Trade Development Council (HKTDC) jointly released a research study today, titled “Unleashing the Lucrative Potential of Cross-border E-commerce for Hong Kong Traders”. The study revealed that 90% of surveyed companies anticipated that cross-border e-commerce could drive significant sales growth in the business in the next two years. However, the market-related challenges continue to persist, including intense market competition, complex customs clearance procedures and the management of returns and refunds. In light of these challenges, experts recommend…
– with its brand and technological strength supporting global business growth As a pillar of global economy, the logistics industry represents a multi-trillion dollar market opportunity with enormous scope for imagination. Among all regions, Asia is one of the regions with the largest, fastest-growing and least concentrated logistics market. It has the most attractive growth prospects and has also given birth to the well-established logistics giant. On 27 November 2024, S.F. Holding Co., Ltd. (6936. HK), the leader in the Asian logistics industry, went public in Hong Kong. According to the company’s announcement, the offer price of SF Holding has…
Covenant ART and House of Inspiration Launch the First-Ever ‘Behind the Canvas’ Series Celebrating the Legacy and Artistry of Jean-Michel Basquiat at Marina Bay Sands in December 2024 Art lovers, get ready for an unforgettable journey into the world of Jean-Michel Basquiat! This December, Singapore will host the global debut of Behind the Canvas Series 1: Jean-Michel Basquiat, an immersive experience celebrating the life and work of one of the most influential artists of our time. Running from 16th December 2024 to 6th March 2025 at Marina Bay Sands, this experience is set to captivate audiences with a fresh, engaging…
Yayasan Kota Kita Surakarta, an organization based in Indonesia, is one of ten global grassroots initiatives recognized by the prestigious Intercultural Innovation Hub, a joint initiative of the United Nations Alliance of Civilizations (UNAOC) and the BMW Group, implemented with the support of Accenture, during a Ceremony held in the framework of the 10th UNAOC Global Forum in Cascais, Portugal under the theme “United in Peace: Restoring Trust, Reshaping the Future – Reflecting on Two Decades of Dialogue for Humanity”. The Forum convened prominent figures, political leaders, UN officials including the United Nations Secretary-General, António Guterres, as well as representatives from civil society, academia, and…
– Revenue Increased by 257% to HK$683.7 Million – Profit for the Period Decreased by 52.7% to HK$52.6 Million – Revenue amounted to HK$683.7million, an increase of 257% from the last corresponding period. – Net profit for the period was HK$52.6 million, representing a decrease of 52.7%. – The Board resolved not to declare any interim dividend for FH 2024/25. – Develop the two new data centres iTech Tower 3.1 and 3.2 in Fanling in good shape. – Continue to sell the remaining units of The Grand Marine and Cristallo. Grand Ming Group Holdings Limited (the Company and together with its subsidiaries, the…
Highlights cautious optimism for 2025 Key Financial Performance Highlights for Q1FY2025: Group’s total revenue for the quarter is RM40.2 million, contributed primarily by key clients in the e-mobility and energy storage segment, supplemented by the electronics segment. Recorded PAT of RM4.1million for the quarter under review. GP, PBT, PAT, and PATAMI margins remain in the double-digit levels at 18.2%, 10.9%, 10.2% and 11.9%, respectively due to continued cost discipline. Technology leader in providing turnkey, intelligent manufacturing automation solutions, GENETEC TECHNOLOGY BERHAD (“Genetec” or the “Company”), announced its financial results for the first quarter of its new financial year (“Q1FY2025). Despite…
Public Offering of 54.66 Million Issue Shares for Listing on the ACE Market of Bursa Malaysia RichTech Digital Berhad (“RichTech” or the “Company”), a company involves in the distribution of electronic reloads and provision of bill payment services in Malaysia, is pleased to announce the signing of underwriting agreement with KAF Investment Bank Berhad (“KAF”) for its upcoming public offering in conjunction with the listing on the ACE Market of Bursa Malaysia Securities Berhad (“ACE Market”). This pivotal milestone underscores RichTech’s determination to continued innovation and growth in the electronic reloads and bill payment sector of Malaysia. 1. Ms. Agnes Wong Eei Nien,…