Author: Marie Jones

Company teams up with Ocean Exchange to develop Malaysia East Coast International Supply Chain Intelligent Park and Digital Financial Comprehensive Platform Project PT Resources Holdings Berhad, a processor and trader of frozen seafood products, and trader of other food products, is pleased to announce that the Company has signed a memorandum of understanding (MoU) with Ocean Exchange (Fujian) Foreign Trade Services Co. Ltd to establish cooperation between the two parties for the joint development of the Malaysia East Coast International Supply Chain Intelligent Park, which is inspired by the Marche International Cold Logistics and Cross-border E-commerce Project (Fuzhou Park) located…

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Sydney-based men’s underwear and swimwear brand, AussieBum, has announced its upcoming event in support of WorldPride, scheduled to take place at The Ark, a private and exclusive tennis centre located in Sydney’s Haberfield on Friday, 3 March 2023. Fun and Inclusivity: AussieBum’s WorldPride Event The event, which takes place the day before the Sissy Ball, invites everyone to a fun-filled occasion that promises to be an unforgettable experience. The party is focused on promoting equality, inclusivity, and fun. Attendees will have the opportunity to engage in a range of activities, such as a uniquely named spectacle named the “double slip…

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Emerging Hong Kong designers explore ‘The Origin of Life’ Organised by the Hong Kong Trade Development Council (HKTDC), The 39th HKTDC Hong Kong International Jewellery Show and 9th HKTDC Hong Kong International Diamond, Gem & Pearl Show, will be held from 1 to 5 March at the Hong Kong Convention and Exhibition Centre. As a curtain-raiser for the twin jewellery shows, the 24th Hong Kong Jewellery Design Competition was announced at the press conference (16 Feb). The competition was jointly organised by the HKTDC, the Hong Kong Jewellers’ & Goldsmiths’ Association, the Hong Kong Jewellery & Jade Manufacturers Association, the…

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Group reports lower revenue for 2Q on switch to immunotherapy and cell therapies from vaccines Malaysian Genomics Resource Centre Berhad, a leading genomics and biopharmaceutical specialist, today announced that the Group recorded a revenue of RM1.64 million for the second quarter ended 31 December 2022 (2Q 2023). This amount is down from RM7.63 million in 2Q 2022, as the Group moved its focus from vaccines to biopharmaceuticals. For the quarter under review, the Group recorded a loss before tax (LBT) of RM1.27 million compared with a profit before tax (PBT) of RM1.01 million in 2Q 2022, mainly due to business…

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Strengthening Gastrointestinal Endotherapy Offerings Through Bringing Together Talent and Technology Olympus Corporation (Olympus), a global medtech company committed to making people’s lives healthier, safer and more fulfilling, has agreed to acquire Taewoong Medical Co., Ltd, (Taewoong Medical), a Korea-based manufacturer of medical devices such as gastrointestinal (GI) metallic stents[1] to strengthen its GI endotheraphy product portfolio capabilities, and in turn, contributing to improving patient outcome through comprehensive solutions. Taewoong will receive approximately $370 million in cash, of which $255.5 million will be paid at the closing and up to $114.5 million will be paid if future milestones is achieved. The…

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Group joins MAHSA University and Kensana Health to develop phytopharmaceutical and biotechnology products for commercialisation Malaysian Genomics Resource Centre Berhad, a leading genomics and biopharmaceutical specialist, today announced that the Group has entered into a strategic collaboration with Kensana Health Canada and MAHSA University for the research and development (R&D) of phytopharmaceutical and biotechnology products that can lead to commercialisation. Kensana Health Canada is a biotechnology specialist focused on the R&D of cannabinoid treatments and management of wounds partnered with a German multinational phytopharmaceutical company. MAHSA University is a private Malaysian university focused on allied health sciences with a 48-acre…

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Trintech, a leading global provider of cloud-based financial close solutions, today announced that its Cadency V10.3 for SAP ERP solution has achieved SAP-certified integration with the SAP NetWeaver(R) technology platform. Bi-directional in nature, Cadency reduces the cost, time, and risk of data integration with SAP, by automatically retrieving the data required for the reconciliation and close processes, as well as directly validating and posting journal entries in real-time. “We are thrilled to announce the renewed certification of our Cadency V10.3 for SAP ERP as integrated with SAP NetWeaver,” said Michael Ross, Chief Product and Technology Officer at Trintech. “This integration…

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Revenue is substantially higher by 21.6% Significantly improved Net Property Income by 24.8% High dividend yield of 11.4% and impressive Annual Return of 60.8% Increase in Hektar REIT Portfolio Valuation by RM41.6 million Hektar Asset Management Sdn. Bhd., the Manager of Hektar Real Estate Investment Trust (Hektar REIT), today announced its annual year results for the financial year ended 31 December 2022 (FY2022) with revenue of RM117.5 million, a substantial increase of 21.6% compared with the RM96.6 million for FY2021. The higher revenue is attributed to the increased rental income, including high turnover rent, increased car park income and higher…

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Palladium One Mining Inc. (TSXV: PDM) (OTCQB: NKORF) (FSE: 7N11) (the “Company” or “Palladium One”) is pleased to report drill results from the Smoke Lake Zone and reconnaissance drilling in the RJ Area, where the Company has discovered a new mineralized Chonolith / Feeder Dyke on the Tyko Nickel – Copper Project, in Ontario, Canada. President and CEO, Derrick Weyrauch commented, “These latest results confirm the high-grade nature of the deeper portion of the Smoke Lake Zone. The Smoke Lake area continues to suggest the presence of additional mineralization given the presence of ultramafic rocks that were intersected in several…

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Company’s losses narrow significantly, and recorded its highest improvement of 166% EBITDA Minetech Resources Berhad, a civil engineering specialist and bituminous products manufacturer, today announced that the Company registered a 58.6% gain in revenue to RM36.3 million for the third quarter ended 31 December 2022 (3Q FY2023) compared with revenue of RM22.9 million in 3Q FY2022. For the quarter under review, the Company recorded profit before tax (PBT) of RM0.2 million compared with loss before tax (LBT) of RM3.1 million while EBITDA has recorded its highest improvement of 166% compared to 3Q FY2022. By segment, the civil engineering division registered…

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