Shenzhen this week hosted the 2021 Shenzhen Global Investment Promotion Conference, to attract and focus greater international investment. The Conference highlighted the development directions of Shenzhen’s strategic emerging industries and those of the future as well as key industries and projects in each district, while gathering global investors and quality resources to further develop Shenzhen as a premier choice for global investment. 2021 Shenzhen Global Investment Promotion Conference was hosted by the Shenzhen Municipal People’s Government and jointly organized by the Commerce Bureau of Shenzhen Municipality, Information Office of Shenzhen Municipal People’s Government, and Foreign Affairs Office of Shenzhen Municipal…
Author: Marie Jones
Established in Hong Kong at the end of 2020, fintech start-up KPay has broken the industry record among local comprehensive payment solution service providers in just one year by providing more than 8,000 local small and medium merchants with comprehensive and advanced offline payment and settlement services. With its business growing tremendously, the company has been invited to be one of the main sponsors of this year’s “Winter Wonderland” and to become the designated electronic payment provider for this large-scale event. KPay’s electronic payment service has attracted more than 8,000 small and medium-sized merchants since its launch less than a…
1982 Ventures, a leading early-stage venture capital firm in Southeast Asia, has announced the initial close of its first seed stage venture fund with US$12.5 million in committed capital. The fund is targeting to raise a total corpus of US$15 million. Scott Krivokopich and Herston Elton Powers, Managing Partners of 1982 Ventures, Southeast Asia’s leading seed fund which is focused on fintech. (1982 Ventures) Established in early 2020, 1982 Ventures is a Southeast Asia focused venture capital fund that invests in seed stage fintech startups in Southeast Asia. The fund was recently identified as the most active Southeast Asia based…
On December 14, Legend Capital portfolio company SF Intra-city (09699.HK) successfully listed on the Hong Kong Stock Exchange (HKEx). SF Intra-city issued a total of 131 million shares at an issue price of HK$16.42 per share. The net proceeds from the global offering are approximately HK$2031.3 million. SF Intra-city, the largest all-scenario third-party intracity delivery platform in China, has focused on the field of on-demand delivery services since 2016 and realized independent operations in 2019. It covers various distribution needs in the new consumption industry, including customized and standardized on-demand delivery services to merchants, and errands services to consumers, such…
Homegrown medical technology Company, Acumen Diagnostics Pte. Ltd. (“Acumen Diagnostics” or the “Company”), a 51% owned subsidiary of Q&M Dental Group (Singapore) Limited (“Q&M Dental”) and 49% owned by Aoxin Q&M Dental Group Limited (“Aoxin Q&M Dental”), today announced that it has been granted a license by the Ministry of Health, Singapore to provide offsite COVID-19 polymerase chain reaction (“PCR”) swab services and serology sample collection. The Company will roll out its testing services via Q&M Dental’s network of clinics, and also at Acumen Diagnostics’ headquarters located at The Gemini, 41 Science Park Road, Singapore. Dr Ong Siew Hwa, Chief…
Aurelius Technologies Berhad (“ATech” or the “Company”), a provider of electronics manufacturing services (“EMS”) for industrial electronic products, was successfully listed on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”) at RM1.41 per share, or RM0.05 above the offer price of RM1.36 per share. Thanking the Securities Commission, Bursa Securities, Maybank Investment Bank Berhad and other professionals for their guidance and advice on the initial public offering (“IPO”) exercise, Chairman of ATech Datin Normaliza binti Kairon (“Datin Normaliza”) said, “I would also like to express my heartfelt gratitude to the investors who have trusted us and have confidence…
WidiLand has gained lots of attention from the public by releasing two important events: IGO Early Bird Sale and Closed Beta Version in December 2021, which brings enormous benefits to players. With evolving gameplay and future Metaverse plans, WidiLand is a potential NFT gaming project in which players play the role of the first inhabitants of the land of Widi, starting the journey to build a life on a new promised planet. 1. Project Overview WidiLand is a blockchain-based cross-device colony management game opening its beta in December 2021. WidiLand is set in the year 2130 when Earth’s resources have been exhausted and the planet…
The Humanoids [Humanoids], a blockchain-based company offering a set of unique NFTs, have announced the launch of its 3D art and 4K renders. The first of a few projects to release 4K renders in the non-fungible token market, The Humanoids has released a set of 10,000 unique Humanoids that live on the Ethereum blockchain. A utility-offering project, The Humanoids offers holders of Humanoids NFTs exclusive access to benefits ranging from giveaways to raffle draws, airdrops, etc. Furthermore, the 3D art has been made as relatable as possible. Rendered in 4K, The Humanoids ensure that minute details [shadows, lightings, accessories] about…
Yinan Li, the Ex-CTO of Baidu and Former Founder of NIU Technologies, enters into the electric automotive industry. As a technology industry heavyweight, Li’s NIUTRON is expected to be one of the most valuable electric automotive startups after NIO, Xpeng and Li Auto. After a long influential career in high-tech industry and venture capital, Li founded NIU Technologies in 2014, created one of the most innovative and stylish electric two wheelers. NIU was later listed on Nasdaq in late 2018. After he departed from NIU technologies, Li started the automotive venture in 2018, namely NIUTRON. The Company has since grown…
ACROMEC Limited (“ACROMEC”, or the “Company” and together with its subsidiaries, the “Group”), an established specialist engineering service provider in the field of controlled environments serving mainly the healthcare, biomedical, pharmaceutical, research and academia sectors, today announced that its wholly-owned subsidiary, ACROMEC Engineers Pte Ltd has secured two engineering, procurement and construction (EPC) contracts totalling approximately S$14 million. The first project is for Neste Asia Pacific Pte Ltd (“Neste”). In its continued effort to expand and improve their Sustainable Fuel and Oil products, Neste has entrusted ACROMEC to design & build a R&D Laboratory and Regional Office. In line with…