November 18, the joint venture battery factory by Gotion High-Tech and Vietnam VinGroup was officially opened in Vietnam Ha Tinh Economic Development Zone. The project is expected to achieve an annual production capacity of 5GWh, scheduled to be in operation by the end of 2023, which is the first LFP battery factory in Vietnam. The factory was jointly invested by Gotion High-tech, and VinES (a member of VinGroup). Gotion High-tech holds 51% of the shares and VinES holds 49%. According to the plan, The project has a scale of 14 hectares with a design capacity of 5GWh/year and is expected…
Author: Marie Jones
L’Oreal Groupe, together with Hotel Shilla and Anchor Equity Partners, is launching a newly created luxury beauty brand ‘SHIHYO’ through Loshian, a third-party joint venture. This is the first time L’Oreal is launching a new beauty brand through a joint venture. SHIHYO, which means “the wisdom of time,” is a newly created skincare beauty brand inspired by the Asian wisdom of the 24 seasons. SHIHYO embodies the healthy energy of nature, powered by herbal sciences. The new brand is based on the naturality of 24 herbal ingredients harvested at the peak of each season, combined with proven efficacy based on…
The Relevant Shareholders[1] of Kitchen Culture Holdings Ltd. (Kitchen Culture or the Company) refer to the EGM which will be convened on Friday, 25 November 2022 at 9.00 a.m. to be held by way of electronic means in relation to the proposed removal of 5 existing directors and the appointment of 5 new directors. The Relevant Shareholders advise shareholders of the Company (Shareholders) not to be discouraged by any statement issued by the Company about the validity of the EGM or seeking to persuade them not to attend the EGM. The EGM will proceed with or without the cooperation of…
Kitchen Culture Holdings Ltd. (Kitchen Culture or the Company) said today that a second attempt to convene an Extraordinary General Meeting (Second Intended EGM) to remove 5 of 6 directors next week is defective and invalid for non-compliance with the Companies Act 1967 and the Company’s Constitution. Kitchen Culture had sought legal advice and had since early November 2022 been writing to lawyers representing OOWAY Group Ltd. (“OOWAY”) who in turns representing a group of 7 other shareholders (8 aforementioned shareholders collectively, the “Requisitioners”) who had published an advertisement in The Business Times on 3 November 2022 calling for the…
November 25th, 2022 sees the arrival exclusively in retail stores of a new generation of music distribution, the pairing of vinyl records and NFTs. The Gold Album for this year’s Christmas “Must Have” is the “Old is Gold” vinyl Christmas Album. A priceless, timeless collection of the Christmas tunes we know and love. This one-of-a-kind Christmas offering is derived from a catalog of historical remastered classics such as “The Christmas Song” performed by Bing Crosby, “Have Yourself a Merry Little Christmas” by Rosemary Clooney, “Winter Wonderland”‘ by, Faron Young, and “I Saw Mommy Kissing Santa Claus” by Bobby Sherman amongst…
eDriving(SM), a Solera company and leading global provider of digital driver risk management solutions, today announced a partnership with Greater Than (GREAT:ST), the global provider of technology that converts GPS data into powerful insights and driver scores. Through the collaboration, eDriving will integrate Greater Than’s EcoScore into a new feature in its award-winning digital driver safety app Mentor(SM). The new feature, to be named EcoDrive powered by Greater Than, enables eDriving to further support its global clients in achieving their sustainability goals. Revolutionising driver risk management for over 25 years, eDriving is the trusted partner of choice for many of…
Maxim Group LLC (“Maxim”) issues Equity Research Report on Society Pass Incorporated (“SoPa”) (Nasdaq: SOPA), SEA’s leading data-driven loyalty, fintech and e-commerce ecosystem. Click here to view the full Maxim Group LLC Equity Research Report. https://maxim.bluematrix.com/sellside/EmailDocViewer?encrypt=eb2534e9-6164-47b7-a389-c2efe2f9983d&mime=pdf Summary Points: – Positive view of early stages of building SEA ecommerce company. Luxury store, Leflair provides luxury goods online. Additional businesses include online delivery companies Handycart and Pushkart (bought during 1Q22), as well as Gorilla Networks, a telecom MVNO (early June 2022). During 3Q22 the company acquired Thoughtful Media, a digital influencer, Mangan.ph, restaurant delivery, and NusaTrip, an online travel agency. SoPa will launch…
IAFOR, ESG-IREC, and VRC in a Symposium exploring ESG, Sustainability, and The Value Model Opening the COP27 Conference, UN Secretary-General Antonio Guterres chided world leaders about their ongoing inaction, warning that immediate, real and tangible action is required to address the climate crisis, or “we are on the highway to hell, with our foot on the accelerator.” According to Prof. Philip Sugai, Director of the Value Research Center (VRC) in Kyoto, Japan, “Corporations are now pressed to answer to a more diverse group of stakeholders, and while there are more than a hundred different types of ESG (Environment, Social, and…
In order to elevate the relationship between academia and industry, SMEStreet Foundation and the World University of Leadership & Management, France have collaborated. This collaboration is expected to highlight Indian entrepreneurial and social leaders so that their professional experience can become a benchmark at a global level. India’s success story is becoming stronger and stronger at the global level. The importance of Indian-origin entrepreneurs and professionals have become visible at almost every level. On such backdrop, MSMEs and Startups from India are also becoming well-acknowledged globally. “With this collaboration, we aim to provide a credible global platform for India’s entrepreneurial…
The energy transition process must take place in order to maintain sustainability, chair of the Energy, Sustainability, and Climate Business 20 (TF ESC-B20) Task Force, Nicke Widyawati, has said. During a “BloombergNEF (BNEF) Net Zero Summit” discussion initiated by the Coordinating Ministry for Maritime Affairs and Investment and the Asia Natural Gas and Energy Association (ANGEA), Widyawati, who is also the CEO and president director of state-owned energy company Pertamina, said that the energy transition process is a part of B20 activities. During the discussion, she emphasized that the energy transition cannot be achieved in a short time. “The process…