Saturday, 29 June 2019

THE "INNOVATIVE TEMPERAMENT" OF THE ANCIENT CITY NANJING ATTRACTED WORLDWIDE ATTENTION

NANJING, China, June 28, 2019 /Xinhua-AsiaNet/--

The 1st Nanjing Tech Week, which opened on the 26th, brought together a large number of technologies, experts, entrepreneurial projects and technology products, which have attracted worldwide attention, and Nanjing's "Innovative Temperament" has also attracted a lot of attention.

Aggregate global innovation resources

Five Nobel laureates, nearly 180 Chinese and foreign academicians, more than 500 high-end "black technology", and innovative alliance establishments of service organizations from 22 countries and regions...

At present, there are more than 30,000 foreigners and more than 8,000 foreign-funded enterprises in Nanjing. What attracts more and more international talents and projects in Nanjing?

"Nanjing's innovative atmosphere and relaxed environment have attracted me." Yang Meijia, professor of Massachusetts State University, studied abroad for many years. In August 2018, he participated in the establishment of the Jiangsu Alot Medicine Research Institute in Nanjing Jiangning High-tech Park. Less than one year, he applied for 3 invention patents, hatched 7 companies, and is currently developing 12 bio-new drugs.

"Respecting the laws of science and cherishing scientific research talents, Nanjing has provided us with strong support in all aspects and a relaxed and friendly entrepreneurial environment," Yang Meijia said.

Nanjing has continued to promote the "Talents in Nanjing Plan", "Starting Career in Nanjing" Program and "345" Overseas High-level Talents Introduction Program for young college students, and has increasingly become one of the first choices for talents in science and technology innovation at home and abroad. At present, 5 Nobel laureates and 86 Chinese and foreign academicians have established businesses in Nanjing.

Crack the key problem of "transformation"

Nanjing has 53 colleges and universities, more than 800,000 college students, and more than 80 academicians in Ning. The number of college students, the number of graduate students and the number of academicians are the top 3 in the country. But for a long time before, Nanjing failed to turn rich science and education resources into innovative advantages of development.

The key to the problem is transformation. Nanjing implemented the "Two Landings and One Integration" project of the implementation of scientific and technological achievements projects, the launch of new research and development institutions, and the integration of school and government, and tried to solve the problem of the "last mile" of the transformation of achievements.

In June 2018, Nanjing University of Technology, Jiangning Development Zone Management Committee and Jiangsu Deyitong Environmental Protection Co., Ltd. jointly initiated the establishment of Nanjing Jiekefeng Environmental Protection Technology and Equipment Research Institute. "Many university researches are guided by patents and papers. We carry out market-oriented applied research and strive to turn the achievements of colleges and universities into products." Dean Xu Haitao said that the institute has hatched 23 technology-based enterprises and contracted contracts with the total amount of about 25 million yuan.

Building an "Innovative City"

The first set of radio vacuum tubes, the first automatic lathe, and the first pulse time-space tube...

In the 70 years since the founding of New China, this ancient capital of the Six Dynasties, which created many "Firsts" in China, has once again opened a new journey of innovation and development.

"The construction of Innovative City has greatly stimulated the new vitality of Nanjing's development." The relevant person in charge of Nanjing said that Nanjing has been committed to building the most stringent cities for intellectual property protection, further optimizing the business environment, and striving to improve Nanjing's innovation first place.

100 laws of business environment, 30 laws of private economy, and no-contact approval...

The "Nanjing Speed" of government service has become a new footnote for the city's innovative temperament. The TSMC project, which invested 3 billion dollars in the Jiangbei New Area of Nanjing, took only 20 months from the start of the project to the commissioning. The new R&D institution "Nanda Electronics" has got millions of yuan in loans by credit, and has completed a new business registration with only one time.

The recently released 17th report on China's urban competitiveness shows that Nanjing has entered the top 10 in terms of comprehensive economic competitiveness, livable competitiveness, sustainable competitiveness, and economy competitiveness. Nanjing ranked 12th among the top 50 global research cities in Nature magazine.

With the integration of the Yangtze River Delta as a national strategy, major opportunities such as the "Belt and Road" and the Yangtze River Economic Belt come for Nanjing, and the development of the ancient city of Nanjing is full of possibilities. Last year, the number of high-tech enterprises in Nanjing increased by 1,282, a year-on-year increase of 70%; the number of newly-employed college students was 340,000, a year-on-year increase of 60%.

Source: The Organizing Committee of Nanjing Tech Week

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Experience projection mapping dinner at Japan´s Keio Plaza Hotel Tokyo

KUALA LUMPUR, June 28 (Bernama) -- The Keio Plaza Hotel Tokyo (KPH), one of Japan’s most prestigious international hotels in Shinjuku, Tokyo, has collaborated with a creative production company to host an innovative dining experience until Sept 30.

The creative production company has produced special projection mapping video contents based upon the three themes: ‘Wind, Water and Flowers, Summer in Japan’; ‘Candles, the Light of Peoples’ Hearts’; and, ‘Celebration’ to be shown every 20 minutes.

The dinner is available at KPH’s All Dining Restaurant ‘Jurin’. The price of the five-course dinner, together with free flow beverages is only JPY6,600 per person, according to a statement. (JPY100 = RM3.85)

Projection mapping, candle lighting and other features have been introduced in the 60 seat back area of ‘Jurin’ to create a fantastical space for the extraordinary dinner experience.

For more information, contact https://www.keioplaza.com.

-- BERNAMA

Friday, 28 June 2019

Ingenico ePayments, Linio Colombia improve online shopping experience

KUALA LUMPUR, June 28 (Bernama) -- Ingenico ePayments, the e-commerce division of Ingenico Group, will provide Linio Colombia with advanced payment services, offering customers an enhanced shopping experience.
Linio is a leading online marketplace in Latin America where customers demand smooth and intuitive payment.
Ingenico’s solution offers the latest payment methods, security and smooth checkout, boosting conversion rates and customer loyalty.
In addition, Linio benefits from Ingenico’s unique setup, which automatically re-routes failed card transaction attempts due to soft declines or other technical failures from a primary to secondary acquirer resulting in higher authorisation rates.
According to the e-commerce Observatory of the Colombian Chamber of Electronic Commerce, e-commerce is one of the most developed sectors in Colombia.
Sales have increased by more than a whopping 230 per cent from 2013 to 2017. This is why, online businesses are always on the lookout for innovative ways to enhance the online shopping experience.
Ingenico ePayments serves Latin America’s most familiar online businesses, treasuring a highly diversified client base ranging from online travel agents, retailers, marketplaces to digital goods and services.
-- BERNAMA

S BLOCK summit in Vietnam promotes tourism, explores blockchain industry

KUALA LUMPUR, June 27 (Bernama) -- S BLOCK recently held The Digital Economy Application Summit in Danang, Vietnam to promote industry development, boosting Vietnam’s tourism as well as collaborating and learning about the blockchain industry.
The summit was hosted by S BLOCK Vietnam Community and co-organised by Magic Kingdom Club, in collaboration with Top Market Group Finance and Black Hole Finance media, according to a statement.
It was attended by more than 100 industry leaders, 500 well-known economic and blockchain media with over 2,000 industry elites worldwide.
Vietnam, a country with a geographical advantage in Southeast Asia is rapidly developing in various industry sectors (including blockchain), and listed as one of the fastest growing countries in the region.
After the summit, visitors travelled in Da Nang, discovering world-famous attractions and also experiencing Vietnam’s cultural aspects.
The summit helped the country in raising position and prestige in the world arena, and gained more sentiments from foreigners.
For more information, contact https://www.sblock.com.
-- BERNAMA

PETRONAS HARI RAYA AIDILFITRI OPEN HOUSE

KUALA LUMPUR, June 27 (Bernama) -- PETRONAS held its annual Hari Raya Aidilfitri Open House for both external and internal stakeholders at Kuala Lumpur Convention Centre on Saturday, 22 June 2019. The event provided an excellent opportunity for PETRONAS management to celebrate Hari Raya Aidilfitri together with partners and customers as well as employees and their families. More than 6,000 guests attended the event which was held from 11am-5pm.

Caption Photo 1: PETRONAS President & Group CEO Tan Sri Wan Zulkiflee Wan Ariffin (left) and wife Puan Sri Dr Azura Ahmad Tajuddin with Sabah Chief Minister Datuk Seri Mohd Shafie Apdal at PETRONAS’ Hari Raya Aidilfitri Open House.














Caption Photo 2: PETRONAS Chairman Datuk Ahmad Nizam Salleh and wife Datin Zainab Hj Jaafar sharing a light moment with Sabah Chief Minister Datuk Seri Mohd Shafie Apdal at PETRONAS’ Hari Raya Aidilfitri Open House in Kuala Lumpur Convention Centre on Saturday.







Caption Photo 3: PETRONAS President & Group CEO Tan Sri Wan Zulkiflee Wan Ariffin and wife Puan Sri Dr Azura Ahmad Tajuddin distributing ‘duit raya’ to children attending PETRONAS’ Hari Raya Aidilfitri Open House at Kuala Lumpur Convention Centre on Saturday.

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Secure-24 set to acquire SAP managed services provider, Symmetry

KUALA LUMPUR, June 26 (Bernama) -- Secure-24 Intermediate Holdings Inc (Secure-24) will acquire Symmetry Holding Inc (Symmetry), a United States-based leading provider of SAP managed services.
Secure-24 is a wholly owned subsidiary of NTT Communications Corporation (NTT Com), the ICT solutions and international communications business within the NTT Group, according to a statement.
“With the combined expertise of both companies and Symmetry’s extensive portfolio of managed SAP services, we are now in a position to deliver greater value to our customers around the world,” said Secure-24 chief executive officer, Mike BeDell.
The transaction is expected to close this year and subjected to regulatory approvals. Through this 100 per cent acquisition, Symmetry’s unique strengths will be fully integrated into the NTT Com ecosystem.
NTT Com will continue to enhance its technical and business systems to sustainably deliver managed services that drive digital transformation for clients. For more information, contact, https://www.ntt.com.
-- BERNAMA

WEX issues virtual cards to Japanese travel company

KUALA LUMPUR, June 26 (Bernama) -- WEX Inc, a leading financial technology service provider has partnered with Japanese travel company, Time Design to issue virtual cards to pay domestic and overseas suppliers.
Time Design is a white-labelled technology booking platform that enables hotels, airlines and online travel agents to sell travel packages on their own websites.
The virtual cards provide the travel company with the ability to pay the suppliers, namely hotels and airlines, in their preferred currency with a secure 16-digit virtual number.
The agreement will also reduce cross-border transaction fees, improve cash flow, reduce costs and increase efficiency and streamline payment reconciliation.
WEX commercial director (Asia Pacific), Richard Cogswell said the partnership was a very exciting development for WEX as the company looked towards growing global customer base and extend virtual payment capability into new markets across the region.
Time Design chief executive officer, Yuzo Takamatsu said the addition of WEX’s virtual payment technology into its booking platform would further elevate operational efficiency and strengthen position as an innovative player in the international travel market.
-- BERNAMA

Virgin Hyperloop One targets Washington, presents transit technology

KUALA LUMPUR, June 27 (Bernama) -- Virgin Hyperloop One (VHO) is currently showcasing its industry-leading technology at the ‘Hyperloop On The Hill’ event in Capitol Hill, Washington D.C. to members of Congress and federal stakeholders.

The world’s only hyperloop company to successfully test its technology at scale, continues to broaden support of revolutionary transportation technology globally.

The company’s demonstration focuses on a new mode of transportation that will change the movement of passengers and cargo in a safe, sustainable and efficient way.

Virgin Group founder, Richard Branson said: “We are seeing growing interest and excitement in the hyperloop vision from across the United States (US), Europe and India at both local and federal level.”

This summer, VHO will travel across the US to showcase its XP-1 vehicle, connect with communities and educate local and state governments on the tangible benefits of hyperloop.

VHO’s technology would transport passengers and goods three times as fast as high-speed rail and enable regional cities to connect just as local city subways connect neighbourhoods.

-- BERNAMA

Japan, China companies to produce in-wheel motors for electric vehicles

KUALA LUMPUR, June 27 (Bernama) -- Japan’s Shanghai e-Gle New Energy Automotive Co Ltd and China’s Xiangyang CRRC Electric Machinery Co Ltd (a subsidiary of CRRC Group) have partnered to provide advanced power solutions for the new-energy automobile industry.

The partnership which was announced in ZhuZhou, Hunan Province, China recently will initially begin with the project of producing and selling in-wheel motors to automakers by both companies.

Both companies will start to produce in-wheel motors by 2020 and go into full operation, a year later.

The in-wheel motor system is based on the technology to equip each driving wheel with a motor inside and directly control the body of a vehicle and e-Gle has state-of-the-art technology for the system.

China has already become the world’s largest electric vehicle market, as it has been actively promoting the vehicles with subsidies for car makers and consumers, among other policy measures.

Xiangyang CRRC Electric Machinery is the world’s largest railway car manufacturer based in Hunan, China.

Shanghai e-Gle New Energy Automotive Co Ltd is a subsidiary of e-Gle Co Ltd, based in Kawasaki, Kanagawa Prefecture, Japan.

-- BERNAMA

Thursday, 27 June 2019

METRONOME DELIVERS WORLD'S FIRST CROSS-BLOCKCHAIN TRANSFER CAPABILITY

Chainhop Feature Advances the Vision of a Built-to-Last Cryptocurrency
 
CHICAGO, June 27 (Bernama-BUSINESS WIRE) -- Fulfilling the promise of providing the world’s first two-way, cross-blockchain cryptocurrency, Metronome ($MET) today announced that it has initiated a first-of-its-kind transfer of MET tokens from one blockchain to another – Ethereum ($ETH) to Ethereum Classic ($ETC) – and back. This chainhop feature, available to all Metronome users, represents a significant step in how the financial and technology industries could approach cryptocurrencies as an enduring asset class.
 
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190626005869/en/
 
Conventionally, cryptocurrencies are tied to their native blockchain, or the publicly maintained ledger that records their users’ transactions. This is similar to having someone’s money anchored to their bank’s bookkeeping system, forcing them to exchange their “Bank ‘A’ dollars” for “Bank ‘B’ dollars” should they want to switch banks for any reason, such as high fees, poor service, or disagreements over governance. Further, the cryptocurrency-to-native-blockchain relationship potentially jeopardizes the safety of one’s digital assets, since it is wholly dependent on the stability of the community that maintains that currency and its blockchain.
 
With the introduction of Metronome’s chainhop capability, the Metronome team showed that it is possible to maintain your holdings in a cryptocurrency and choose the blockchain ledger that most suits one’s requirements for stability and governance.
 
Jeff Garzik, the principal architect of Metronome and one of Bitcoin’s original contributors, offered additional context and detail in a Medium post:
“Decentralization is an article of faith within the blockchain industry and drives a lot of what we all do. That said, one species of centralization that our industry has become comfortable with is the notion that a digital asset must be forever tied to its blockchain ledger. … Metronome expands how we think of decentralization — the elimination of chain permanence.”
 
This cross-chain capability is available via the Metronome desktop wallet (Windows, MacOS, and Linux), as well as the mobile wallets for iOS and Android. For developers, all components are available on GitHub.
 
The Metronome team continues to explore new chainhops and has made significant headway for launch on other networks, such as QTUM and RSK, and conducting further research on EOS and Cardano. This expands user choice and the overall potential for the currency.
 
About Metronome
 
Launched in 2018, Metronome is a wholly autonomous cryptocurrency built for:

● Usability: Metronome uniquely supports all currency use-cases – store of value, unit of account, and payment mechanism – for both humans and machines;

● Fairness: Nobody holds special privileges or access in the Metronome ecosystem, with all opportunities to purchase Metronome made available to the public; and

● Endurance: Metronome was designed to be the first cryptocurrency to move across blockchains, offering a unique level of digital asset protection.
 
Media and Community Resources
 
Readers can explore the following resources to learn more about Metronome:

● Metronome meetup kit
● YouTube demonstration of first chainhop
● Telegram
● Medium
● Twitter
● GitHub
 
The Metronome team strongly encourages all users to review the Owner’s Manual before purchasing or using MET. The Owner’s Manual is available in EnglishChinese (Simplified)JapaneseKorean, and Russian.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190626005869/en/
 
Contact
 
Contact 
Dariusz R. Jakubowski 
Community Advocate 
dariusz@metronome.io 
https://metronome.io/
 
Source : Metronome
 
--BERNAMA

China´s Chongqing recognises 37 culture, tourism golden ideas

KUALA LUMPUR, June 25 (Bernama) -- West China's Chongqing Municipality has awarded 37 golden ideas for boosting the integrated development of its culture and tourism recently.
Organised by Chongqing Municipal Commission of Culture and Tourism Development, the local government has unveiled the winners from global participants with two top prize winners each offered 100,000 yuan as reward. (100 yuan = RM60.23)
Chongqing launched the global competition in January this year, to collect ideas, plans and suggestions to provide new inspiration for the high-quality integrated development of the city's culture and tourism.
The competition also served as an opportunity to promote Chongqing's urban image, tourism and cultural resources while attracting more tourists and market entities, according to a statement.
Among others, participants were from the United States, Australia, Singapore, Poland. The winners included cultural tourism research institutes, cultural tourism planning organisations and senior experts.
The golden ideas will light up the future of Chongqing's cultural tourism industry and Chongqing will take this event as an opportunity to comprehensively beef-up its cultural soft power and influence, building Chongqing into a world-renowned tourist destination.
For more information, contact http://www.cq.xinhuanet.com.
-- BERNAMA

Indonesia´s KoinWorks raises S$16.5 million oversubscribed fund

KUALA LUMPUR, June 25 (Bernama) -- KoinWorks, Indonesia’s largest peer-to-peer (P2P) lending platform has raised Series B fundraise of S$16.5 million (IDR 170 billion) to expand the KoinWorks team and partnerships. (S$1 = RM3.06)
The oversubscribed round, co-led by EV Growth and Quona Capital (a leading venture capital firm), with participation from existing investors, will also be used to further develop systems and technology to provide financial inclusion throughout Indonesia.
Established in 2016, KoinWorks brings together borrowers and lenders online through a single platform that provides access to financial services for SMEs who have historically been unbanked or underbanked by traditional financial institutions.
Leveraging machine learning, KoinWorks enables borrowers to access low interest loans while funders receive better returns with available products, including business financing and invoice financing.
KoinWorks had previously raised a Series A last year, from investors Mandiri Capital Indonesia, Convergence Ventures, Gunung Sewu, Beeblebrox and Quona Capital.
Today, more than 60 per cent of investor-funders in KoinWorks’ platform are millennials, and 70 per cent of investors say KoinWorks is their first investment product, according to a statement.
For more information, contact https://koinworks.com.
-- BERNAMA

THE 2ND GOJI BERRY INDUSTRY EXPO HELD IN ZHONGNING, CHINA -- ZHONGNING'S GOJI BERRY, WORLD'S SUPER FOOD

THE 2ND GOJI BERRY INDUSTRY EXPO HELD IN ZHONGNING, CHINA -- ZHONGNING'S GOJI BERRY, WORLD'S SUPER FOOD

REVIVAL IN CORAL AND PEARL JEWELRY AMONG TOP TRENDS FOR 2019

BANGKOK, June 25 (Bernama) -- Pearls with a contemporary twist, playful coral, and innovative new materials and approaches to metals, are top global jewelry design trends for 2019-20 and will be on show at the 64th edition of the Bangkok Gems & Jewelry Fair, which runs from 10-14 September, 2019.

The September Bangkok fair will showcase the hottest trends at the Innovation and Design Zone (IDZ), presenting the most innovative and cutting-edge design products from Thai entrepreneurs.

This is a project of Thailand’s Department of International Trade Promotion (DITP), Ministry of Commerce to support talented designers and business people in the international market place.

“Emerging Thai designers, entrepreneurs and manufacturers, are aware of global trends in jewellery design, and each of the designers or entrepreneurs will adapt those trends to their pieces,” said Kornkamol Anekamai, director of the Thai Trade Center (TTC) in Milan.

“And for brands it’s important to know about the trends and to keep their brand identity. Thus for Thai products you can find pieces that vary in terms of trends and you can find very unique pieces.”
 
Leading European designers and industry leaders say the high quality of Thai jewelry craftsmanship reinforces their brands and strengthens their position in European markets.

“Our Thai manufacturers are our main supplier. They are very good at selecting the best quality stones and at working on intricate designs and re-cut stones,” says Paris-based designer Lydia Courteille, who has a boutique on the Rue Saint-Honore in central Paris, near the famous Place Vendome high jewellery quarter.

“They respect us in terms of what we ask for, and always try to do their best from an artistic point of view,” Lydia explained.

“Whenever we open the delivery parcel, we fall in love with what they (Thai craftspeople) have completed.”

Having established his eponymous luxury jewelry brand, celebrated Roman designer Alessio Boschi chose to settle in Bangkok, he said not only unparalleled access to talented jewelry artisans, but also for sourcing a wide variety of gemstones as his greatest passion.

Paola De Luca, a respected Italy-based jewellery analyst and forecaster, said: “Thailand's heritage for craftsmanship will appeal to European markets where there is strong demand for superbly made silver gold and color gem-set jewelry among the new wave of consumers."
 
The following global design trend themes are highlighted for 2019-20:

Pearls
Since the Sotheby’s sale of a pearl and diamond pendant owned by ill-fated French Queen Marie- Antoinette for a world record price for a pearl of $36 million last November, there has been a strong revival in consumers’ fascination for pearl jewelry.

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Hytera product portfolio meets global customer demands




KUALA LUMPUR, June 24 (Bernama) -- Hytera Communications Corporation Limited has showcased its latest innovations on narrowband, convergence and broadband services in the three-day Critical Communications World 2019 (CCW 2019) at the Malaysia International Trade and Exhibition Centre recently.
The company has emphasised itself as a global provider of professional and private wireless communications solutions to meet global customer demand by enriching product portfolios, according to a statement.
“We are committed to delivering excellent mission and business critical communications for customers to solve their practical problems. This is what we believe in, and are doing in the global market, and Malaysian market, as well,” said Hytera Overseas Sales Central Department deputy general manager, Steven Hao.
It has leveraged narrowband technologies across multiple standards, broadband and new technologies like big data, AI and Internet of Things, and expanded its global partnership with business stakeholders to consolidate a promising ecosystem.


Hytera is now capable of delivering voice, video and data services for mission and business critical users and facilitate them to achieve faster, safer and better connectivity in daily operation and emergency response.
At CCW 2019, Hytera has showcased its latest solutions based on broadband standards, including MCS (Mission Critical Service), P-LTE and V-LTE and PoC (Push-to-Talk over cellular) solutions which target operators and commercial users.
In addition, a white paper on Mission Critical applications over Operator’s Broadband Network and PXT680 multi-mode advanced radios was launched at the event.

-- BERNAMA

PRESS RELEASE - DISCLOSURE OF DEALINGS (TASEK CORP BHD)

HL CEMENT (MALAYSIA) SDN BHD AND RIDGE STAR LIMITED (COLLECTIVELY, THE "JOINT OFFERORS")

UNCONDITIONAL VOLUNTARY TAKE-OVER OFFER BY THE JOINT OFFERORS THROUGH CIMB INVESTMENT BANK BERHAD ("CIMB") To ACQUIRE ALL THE REMAINING ORDINARY SHARES (EXCLUDING TREASURY SHARES)("OFFER ORDINARY SHARES") AND ALL THE REMAINING PREFERENCE SHARES ("OFFER PREFERENCE SHARES") IN TASEK CORPORATION BERHAD ("TASEK") NOT ALREADY HELD BY THE JOINT OFFERORS FOR A CASH CONSIDERATION OF RM5.50 PER OFFER ORDINARY SHARE AND RM5.50 PER OFFER PREFERENCE SHARE ("OFFER PRICE") ("OFFER")

DISCLOSURE OF DEALINGS IN ACCORDANCE WITH RULE 19 OF THE RULES ON TAKE-OVERS ,MERGERS AND COMPULSORY ACQUISITIONS 2016 ("RULES")


KUALA LUMPUR, June 25 (Bernama) -- We refer to the announcement dated 28 May 2019 by Tasek on the Offer.

Pursuant to Rule 19.04(1) of the Rules, we wish to inform that HL Cement (Malaysia) Sdn Bhd and/or Ridge Star Limited and its persons acting in concert as well as other parties associated to the Joint Offerors has dealt in the securities of Tasek, details of which are as follows:
 
Date Name Description of transaction Description of Security Quantity Price (RM)
25 June 2019 Ridge Star Limited BuyOrdinary Shares 15,5005.50

Please click here for the Full Press Release

Source: CIMB Group

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Wednesday, 26 June 2019

Hytera brings latest radio communication technology at CCW 2019

KUALA LUMPUR, June 24 (Bernama) -- Hytera, a wireless communications solutions provider has launched a new multi-mode advanced radio, PTC680 at CCW 2019 in here recently.
According to a statement, the advanced radio brings the latest professional radio communication technology to the customer from both private and public sectors.
PTC680 focuses on mission critical to provide absolutely reliable voice communication for first responders. It is a hybrid device of professional TETRA radio with an advanced Android-based smartphone platform inside.
It adopts human-oriented interaction design, offering quick and simple access in both tough and unexpected situations. The special size touch-screen is designed for one hand operation and gloved touch.
The programmable buttons allow the user to customise the experience with capabilities and features. It offers a multi-purpose push-to-talk button for user to get in touch immediately, and a video camera for capturing actions and sharing images.
PTC680 also supports advanced location positioning with the support of five Global Navigation Satellite Systems: GPS, BDS, Galileo, GLONASS and QZSS. The base stations and Wi-Fi can also improve the positioning accuracy on the device.
It always focuses on mission-critical to provide industry customers with reliable communication, and is committed to building a modern platform with turnkey solutions to maximise customer interest.

-- BERNAMA

Tuesday, 25 June 2019

U.S. ARMY AWARDS VRICON CONTRACT FOR ONE WORLD TERRAIN

Vricon to apply its Globe in 3D solution to support military training anywhere in the world

McLean, VA, June 25 (Bernama-GLOBE NEWSWIRE) -- Vricon is pleased to announce that on 14 June 2019, the U.S. Army, working through the Training and Readiness Accelerator, awarded Vricon an Other Transaction Agreement to build One World Terrain (OWT). One of the key objectives of OWT is to provide an accurate and realistic 3D global terrain that replicates the military’s operational environment. Specifically, OWT is part of the Synthetic Training Environment's Common Synthetic Environment (CSE).

The CSE is the platform enabler of the Synthetic Training Environment that will allow units and soldiers to conduct realistic, multi-echelon collective training anywhere in the world. The Common Synthetic Environment is composed of three foundational capabilities: One World Terrain, Training Management Tool, and Training Simulation Software.

“We are honored that the Army chose the Vricon solution for its One World Terrain capability,” said Eric von Eckartsberg, president and CEO of Vricon’s U.S. government business unit, Vricon Systems LLC. “Because OWT is a pillar of the Army’s Synthetic Training Environment, our solution will help the Army to train like it fights and fight like it trains."

The Vricon OWT solution starts with the Globe in 3D commercial foundation data layer to create a geo-specific, high-resolution whole-Earth representation that accurately reflects the complexities of operational environments. The Vricon OWT solution will bridge the gap between future STE training operations and actual operational requirements for GEOINT analysis, mission planning, mission rehearsal, and sensor fusion.

“We see the potential in OWT to spark major innovations for scaling the solution to meet growing demands across the military,” adds vice president Isaac Zaworski. “For the first time in history, the Army will be able to train every soldier in the exact same digital environment that they will have at their disposal when it comes time to deploy into active operations anywhere on the planet.”

The total value of this prototype project, if all phases and options are exercised, is $94,768,900. To learn more about Vricon’s 3D solutions, visit vricon.com.

About Vricon

Vricon serves the global professional geospatial market with world-leading 3D geodata and 3D visualization solutions. Vricon is headquartered in McLean, Virginia. For further information, visit http://www.vricon.com.

TERNS PHARMACEUTICALS ANNOUNCES EXCLUSIVE LICENSING AND COLLABORATION AGREEMENT WITH GENFIT TO DEVELOP AND COMMERCIALIZE ELAFIBRANOR IN THE GREATER CHINA REGION

-GENFIT partnership expands Terns’ portfolio, adding a Phase 3 product with a complementary mechanism of action well-suited to combinations with Terns’ NASH assets-
 
FOSTER CITY, Calif. & SHANGHAI, June 25 (Bernama-BUSINESS WIRE) --Terns Pharmaceuticals, Inc. today announced an exclusive licensing and collaboration agreement with GENFIT (GNFT), a late-stage biopharmaceutical company dedicated to the discovery and development of innovative therapeutic and diagnostic solutions in metabolic and liver-related diseases. Under the terms of the agreement, Terns acquires the exclusive right to develop, register, and market elafibranor for the treatment of non-alcoholic steatohepatitis (NASH) and primary biliary cholangitis (PBC) in Greater China (mainland China, Hong Kong, Macau, and Taiwan). GENFIT will receive a $35 million upfront payment and will be eligible to receive up to $193 million in subsequent payments, based on achieving clinical, regulatory, and commercial milestones. The two companies will also collaborate on research and development moving forward in NASH and PBC. These research and development efforts include potential combinations of elafibranor, a dual peroxisome proliferator-activated alpha/delta (PPAR α/δ ) agonist, with Terns’ development candidates, including TERN-101, a farnesoid X receptor (FXR) agonist, TERN-201, a semicarbazide-sensitive amine oxidase (SSAO) inhibitor, and their thyroid hormone receptor (THR) β-selective agonist and apoptosis signal-regulating kinase 1 (ASK1) inhibitor programs.
 
“Terns is committed to bringing new, innovative therapies for the treatment of liver disease to China and other global markets. Our partnership with GENFIT is a natural next step for us as a company,” said Weidong Zhong, Ph.D., Chief Executive Officer of Terns. “We believe combination therapy will rapidly become the standard of care for NASH treatment, and our strategy is based on this conviction. Elafibranor is a late-stage compound with a mechanism of action synergistic with those in our own pipeline, making it a perfect fit for our strategy to advance combination therapies for chronic liver disease. We’re excited to add elafibranor to our portfolio, to expand our focus on liver disease to include PBC, and to gain a strong partner in GENFIT, a company that shares our focus on developing innovative treatments for liver disease.”
 
“The team at Terns has an extensive track record in drug development combined with the infrastructure to successfully develop, register and commercialize new therapies in Asia,” said Pascal Prigent, Executive Vice President of Marketing and Commercial Development at GENFIT. “We have great confidence in the company and its management team as we work to bring elafibranor to patients in Greater China and to collaborate on future R&D efforts and combination strategies.”
 
The licensing and collaboration agreement with GENFIT follows the 2018 announcement that Terns acquired the global, exclusive rights to develop and commercialize three NASH assets from Eli Lilly and Company. Collectively, these agreements demonstrate Terns' commitment to enhancing its pipeline through partnerships with regional and global companies, in addition to internal discovery efforts, to accelerate effective combination therapies for patients living with chronic liver disease.
 
About elafibranor

Elafibranor is GENFIT’s lead pipeline product candidate. Elafibranor is an oral, once-daily, first-in-class drug acting via dual peroxisome proliferator-activated alpha/delta pathways developed to treat, in particular, nonalcoholic steatohepatitis (NASH), for which it has been granted Fast Track Designation. GENFIT believes, based on clinical results to date, that elafibranor has the potential to address multiple facets of NASH, including inflammation, insulin sensitivity, lipid/metabolic profile, and liver markers. Results from a Phase 3 study in patients with NASH is expected in the fourth quarter 2019. Phase 2 clinical trial results have also shown that elafibranor may be an effective treatment for PBC, a severe liver disease. Elafibranor was granted a Breakthrough Therapy Designation for this indication.
 
About NASH

Non-alcoholic steatohepatitis (NASH) is a severe form of non-alcoholic fatty liver disease (NAFLD), which is caused by the accumulation of excess fat in the liver. NASH is associated with chronic liver inflammation and liver cell injury, and it can lead to fibrosis, cirrhosis, and eventually liver cancer or liver failure. Global rates of NAFLD and NASH are increasing rapidly, in tandem with rising rates of obesity. There is currently no approved medication for the treatment of NASH.
 
About PBC

PBC is a chronic disease in which damage to bile ducts can inhibit the liver’s ability to rid the body of toxins and can lead to scarring of liver tissue known as cirrhosis.
 
About Terns Pharmaceuticals

Terns Pharmaceuticals, Inc. is a clinical-stage pharmaceutical company that is focused on the discovery and development of medicines for chronic liver disease and cancer. Based in China and the United States, the company is advancing a pipeline of drug candidates for the treatment of non-alcoholic steatohepatitis (NASH) and cancer, across multiple modalities. Terns leverages world class expertise in disease biology, medicinal chemistry, and clinical development in order to bring promising new therapies to patients in China and other global markets.
 
For more information, visit www.ternspharma.com and www.ternspharma.com.cn
 
About GENFIT

GENFIT is a late-stage biopharmaceutical company dedicated to the discovery and development of innovative therapeutic and diagnostic solutions in metabolic and liver related diseases where there are considerable unmet medical needs, corresponding to a lack of approved treatments. GENFIT is a leader in the field of nuclear receptor-based drug discovery with a rich history and strong scientific heritage spanning almost two decades. Its most advanced drug candidate, elafibranor, is currently being evaluated in a pivotal Phase 3 clinical trial (“RESOLVE-IT”) as a potential treatment for NASH, and GENFIT plans to initiate a Phase 3 clinical trial in PBC later this year following its positive Phase 2 results. As part of GENFIT’s comprehensive approach to clinical management of NASH patients, the company is also developing a new, non-invasive and easy-to-access blood-based in vitro diagnostic test to identify patients with NASH who may be appropriate candidates for drug therapy. With facilities in Lille and Paris, France, and Cambridge, MA, USA, the Company has approximately 160 employees. GENFIT is a public company listed on the Nasdaq Global Select Market and in compartment B of Euronext’s regulated market in Paris (Nasdaq and Euronext: GNFT). www.genfit.com
 
http://mrem.bernama.com/viewsm.php?idm=34825

Monday, 24 June 2019

Hytera wins ´Best New LTE or Hybrid Device´ award at ICCA 2019

KUALA LUMPUR, June 20 (Bernama) -- Hytera convergent LTE&TETRA device for more applications, PTC760 recently bagged the ‘Best New LTE or Hybrid Device’ award at the 2019 International Critical Communications Awards (ICCA) here.

The Hytera PTC760 Multi-mode Advanced Radio is the revolutionary TETRA LTE hybrid device, offering ideal platform for critical voice and broadband data services.

With a unified communication experience, the feature-rich handset with multiple connectivity options is the ideal communication solution for critical situations.

In addition, Hytera's subsidiary, Sepura also won ‘Best Use of Critical Communications in Transport’, ‘Best Use of Critical Communications in Other Vertical Markets’ and ‘Outstanding Contribution to Critical Communications’ awards.

Hytera executive vice-president, Yelin Jiang said it was a great honour for Hytera and subsidiaries to receive these awards, in recognition of their relentless efforts in the professional communication industry worldwide.

-- BERNAMA

Friday, 21 June 2019

SARAWAK MULTIMEDIA AUTHORITY (SMA) ORGANIZES COMPETITIONS ON SOCIAL ENTREPRENEURSHIP WITH YOUTH TRUST FOUNDATION TO FACILITATE THE PROCESS OF BECOMING A DIGITAL ECONOMY DRIVEN STATE

SARAWAK, June 19 (Bernama) -- Since 2018, The Sarawak Digital Economy Strategy 2018-2022 focuses on 47 strategic actions, which aims to accelerate Sarawak’s economic growth, reduce socio-economic divide and increase the employment rate of youth in the state.
   
According to Dr Zaidi Razak, General Manager of Sarawak Multimedia Authority, “SMA is entrusted by the Sarawak Government to ensure the success of these strategic actions, particularly focusing on empowering our youth and local communities through impact-driven social entrepreneurship.”
   
At last year’s ASEAN Youth Social Business Summit, youth were seen to be more cause-driven. With this in mind, it is important for us to continue and ensure a greater impact is achieved with emphasis on the existing model introduced by social business guru - Professor Muhammad Yunus.
   
"I truly believe that Sarawakian youths when given the right opportunities and guidance, will come out stronger than they even thought possible. They will be able to reach out to a much wider population to create positive impact not only in our country, but solve the social and environmental problems of the world," said Nurfarini Daing, Chief Executive Officer of Youth Trust Foundation.
   
Creating awareness and developing social business entrepreneurs are crucial and vital. Together with Youth Trust Foundation and with the support of  SMA - TEGAS Digital Innovation Hub, SMA is organising a competition on social entrepreneurship in Sarawak. 

There will be 2 categories – The ‘Youth Sarawak Social Project Challenge’ - for secondary public and private school students. The other – ‘Youth Sarawak Social Business Challenge’ - for students, young working adults, youth between 18 and 35 years old.  The 2019 challenge requires teams to develop social business ideas to improve the socio-economic livelihoods of communities in Sarawak.

http://mrem.bernama.com/viewsm.php?idm=34782

HL CEMENT (MALAYSIA) SDN BHD AND RIDGE STAR LIMITED (COLLECTIVELY, THE "JOINT OFFERORS")

UNCONDITIONAL VOLUNTARY TAKE-OVER OFFER BY THE JOINT OFFERORS THROUGH CIMB INVESTMENT BANK BERHAD ("CIMB") TO ACQUIRE ALL THE REMAINING ORDINARY SHARES (EXCLUDING TREASURY SHARES) ("OFFER ORDINARY SHARES") AND ALL THE REMAINING PREFERENCE SHARES ("OFFER PREFERENCE SHARES")  IN TASEK CORPORATION BERHAD ("TASEK") NOT ALREADY HELD BY THE JOINT OFFERORS FOR A CASH CONSIDERATION OF RM5.50 PER OFFER ORDINARY SHARE AND RM5.50 PER OFFER PREFERENCE SHARE ("OFFER PRICE") ("OFFER")


DISCLOSURE OF DEALINGS IN ACCORDANCE WITH RULE 19 OF THE RULES ON TAKE-OVERS, MERGERS AND COMPULSORY ACQUISITIONS 2016 ("RULES")

KUALA LUMPUR, June 20 (Bernama) --  We refer to the announcement dated 28 May 2019 by Tasek on the Offer.

Pursuant to Rule 19.04(1) of the Rules, we wish to inform that HL Cement (Malaysia) Sdn Bhd and/or Ridge Star Limited and its persons acting in concert as well as other parties associated to the Joint Offerors has dealt in the securities of Tasek, details of which are as follows:

http://mrem.bernama.com/viewsm.php?idm=34799

BIMB Investment named ESG asset manager of the year

KUALA LUMPUR, June 20 (Bernama) -- BIMB Investment Management Bhd, a wholly-owned subsidiary of Bank Islam Malaysia Bhd, has been named ESG Asset Manager of the Year 2019 by The Asset Triple A Islamic Finance Awards 2019.

The award recognises its contributions and achievements in environmental, social and governance (ESG), sustainability and asset management in Asia.

BIMB Investment chief executive officer Najmuddin Mohd Lutfi said the company, with a track record of more than three years offering a wide range of shariah-ESG investment solutions, is looking forward to contributing more in developing a robust and dynamic ESG investing ecosystem in Malaysia and the region.

“We hope our contributions towards shariah-ESG investing will complement the Malaysia International Islamic Financial Centre's initiative to ensure Malaysia remain the world’s leading Islamic finance marketplace," he said in a statement.

At present, BIMB Investment is the largest shariah-ESG asset manager in Malaysia with more than RM1 billion of such assets.

It manages a variety of ESG funds, including global shariah-ESG equities, Asia Pacific shariah-ESG equities, Malaysia shariah-ESG equities and global ESG sukuk.

"Our wide range of shariah-ESG funds can be subscribed for as low as RM500 and additional investment is as low as RM100. They are available at most major banks in Malaysia, including more than 145 Bank Islam branches nationwide, and the Fundsupermart online portal as well as through BIMB Investment consultants," Najmuddin added.

-- BERNAMA

Thursday, 20 June 2019

OFFICIAL LAUNCHED OF SALIHIN ISLAMIC FINANCE EDUCATION APP & NEW PUBLICATION ON SUKUK: SUKUK CONTRACTS IN ISLAMIC CAPITAL MARKET: SHARI'AH AND LEGAL ANALYSIS

KUALA LUMPUR, June 20 (Bernama) -- SALIHIN Shariah Advisory (SSA), a Shariah advisory firm registered with the Securities Commission Malaysia (SC) that provides advisory and consultancy works on all Shariah-based products and services regulated by SC, fintech solutions, training and education, research, development and publication.  SSA is also a member firm under SALIHIN Consulting Group, an established bumiputera accounting firm, is honoured to announce the launch of SALIHIN Islamic Finance Education App and the new publication on Sukuk, titled, Sukuk Contracts in Islamic Capital Market: Shari’ah and Legal Analysis during its Syawal@SALIHIN 2019 celebration at Sime Darby Convention Centre Bukit Kiara, officiated by YB. Datuk Sri Saifuddin Nasution Bin Ismail, Minister of Domestic Trade and Consumer Affairs on 18 June 2019.
 
SALIHIN ISLAMIC FINANCE EDUCATION APP

SALIHIN Islamic Finance Education App was initiated to promote Islamic finance awareness, to provide end to end knowledge, to grow number of Islamic finance experts and to simplify Islamic finance theory and practice in the areas of Islamic commercial transaction; Islamic banking, Islamic capital market, wealth management and financial planning, among others via the current platform as to make it easy for everyone to grasp the information on Islamic Finance.
 
SALIHIN Islamic Finance Education App is designed to be user-friendly, convenient access to information, a window to wide range of modules with simple language and friendly illustration for multiple uses namely quick reference, self-study, talking pointers for presentation and others for everyone who is inquisitive about Islamic Finance.  
 
Currently, the App is available as a free-downloadable App and can be installed from Google Play for Android users.  In the near future, the App will be made available in the App Store for iPhone users.  In conjunction with the launch, users can claim a complimentary module upon creation of account.

SUKUK BOOK: SUKUK CONTRACTS IN ISLAMIC CAPITAL MARKET: SHARI’AH AND LEGAL ANALYSIS 
 
The book is the maiden publication of Salihin Publication Sdn. Bhd., the publishing house of SSA, specializing in the publication and distribution of the Islamic Finance reference books.   
 
This book conveys the understanding on Shari’ah and legal analysis of Sukuk contracts in Islamic capital market in the Malaysian context. The idea of this book is to enhance the legal infrastructure in both concepts of Shari’ah and common law contracts in order to sustain the feasible growth of Islamic finance.  Prior to that, it covers the overview of Islamic capital market, major prohibitions in Islamic financial transactions, Sukuk and contract analysis in market regulatory requirement of Sukuk transactions. Also, the book highlights the importance on identification of the Shari’ah and legal risks in the Sukuk investment that related to the documentation of Sukuk transaction. Finally, the book discusses on the Sukuk dispute resolution for an impactful feasible implementation of Sukuk transactions.
 
Currently, the book is available at SALIHIN HQ, SALIHIN website, authorized distributors and Kinokuniya Bookstore in KLCC.  In commemorating the launch of this book, a special discount of 20% will be offered to everyone who is interested to get a copy of the book.

http://mrem.bernama.com/viewsm.php?idm=34796