Saturday 29 June 2019

NEW BLOCKCHAIN MESSENGER, NESTREE: THE GAME CHANGER APPEARED

Nestree successfully launched its dApp and users are now joining the communities in the messenger

SINGAPORE, June 28 (Bernama-BUSINESS WIRE) -- New interactive communities in messengers are exploding in popularity across the world. Group chats are extremely accessible and easy to create, allowing participants to communicate in real time. Facebook Messenger has more than 2.5 million new group conversations every day, and Telegram Messenger has millions of group conversations with more than 30,000 people.

However, attracting new members and maintaining a group chat is difficult for community admins because of the passive nature of participants. Moreover, the business model of currently existing messengers is traditional. Advertisers must be sought out externally and community members do not get any rewards for their participations.

An advanced community messenger, Nestree, was developed to solve the above problems. By utilizing blockchain technology, the new decentralized application (dApp) offers new types of interactive and rewarding activities between users, admins, and advertisers.

The main feature, ‘Invitation Rewards’, is to provide rewards to the members who invite others to the community. It resulted in a rapid increase in members of communities. Within 24 hours of the application launching, Nestree gathered around 3,000 initial users and thousands of users are now voluntarily inviting other friends to join various communities.

An interactive community with tens of thousands of people gathered for a specific topic is an attractive place for marketing. Advertisers easily search their target groups and efficiently post ads in the platform.

Thus, as a content provider, the admin without a clear business model can instantly make money from the group chat simply by gathering people, just like how millions of Youtubers earn money. The participants can also make profits by viewing ads in the communities.

Apart from the various rewards and innovative business model, another notable thing about Nestree is the decentralized cryptocurrency wallet it provides. Every user can freely store, send, and trade various Crypto Coins and Tokens. Smart Contract is implemented to the Nestree wallet, allowing users to trade without risking a P2P transaction failure.

The Nestree Messenger is available now on both the Google Play Store and Apple’s AppStore. With rapidly user growth, it is expected to bring new vitality to the blockchain market. If you are curious about the actual working dApp, it is the best time to use Nestree.

http://mrem.bernama.com/viewsm.php?idm=34870

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

HOTEL ROYAL CLASSIC OSAKA, NEW LANDMARK IN OSAKA, TO START ACCEPTING ONLINE RESERVATIONS JULY 1 BEFORE OPENING DEC. 1, 2019

OSAKA, Japan, June 28, 2019 /Kyodo JBN- AsiaNet/ -- 

With less than six months to go until the opening of Hotel Royal Classic Osaka, operator Royal Classic Ltd. has announced that it will start accepting online reservations from noon on July 1, 2019. The hotel, designed by globally celebrated Japanese architect Kengo Kuma, and incorporating the facade of the former Osaka Shin-Kabukiza theater, is scheduled to open on December 1.

Image1: Hotel Royal Classic Osaka exterior, May 2019 https://kyodonewsprwire.jp/img/201906217809-O1-2BLeiVJ1 

(Images2: https://kyodonewsprwire.jp/release/201906217809?p=images

The opening of Hotel Royal Classic Osaka will mark the birth of a striking new landmark for the central Osaka Minami area. Along with 150 luxurious guest rooms and suites, the hotel will also offer a choice of restaurants and bars, as well as function rooms and wedding facilities. Situated within convenient reach of the Osaka Metro subway's Namba Station, the hotel will provide an ideal setting for a host of business, bridal, and sightseeing applications.

Under the leadership of general manager and hospitality industry expert Katsuya Usami, this first venture under the Royal Classic brand will strive to honor the history of a location that has served as a crucible for so much of the distinctive local culture, bringing fresh value to Osaka Minami, and boosting Osaka's development as an international tourist hub.

For more details, please visit the Hotel Royal Classic website, which will be updated at noon on July 1 with full online reservation capabilities: https://hotel-royalclassic.jp/en/ 

About Royal Classic Ltd.
Founded in September 2013, Royal Classic Ltd. is a subsidiary of Bellco Co., Ltd., a major provider of ceremonial services, including weddings and funerals. Hotel Royal Classic represents the first venture under the Royal Classic brand.

For more information, please visit:
https://kyodonewsprwire.jp/attach/201906217809-O1-d7V7i6y8.pdf

Source: Hotel Royal Classic Osaka

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

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 unveils cross-blockchain token transfer capability

KUALA LUMPUR, June 27 (Bernama) -- Metronome, a wholly autonomous cryptocurrency has initiated the first-of-its-kind transfer of MET tokens from one blockchain to another – Ethereum ($ETH) to Ethereum Classic ($ETC).

The chainhop feature advances the vision of a built-to-last cryptocurrency which is available to all Metronome users, representing a significant step in how the financial and technology industries could approach cryptocurrencies as an enduring asset class.

The cryptocurrency-to-native-blockchain relationship potentially jeopardises the safety of one’s digital assets as it is wholly dependent on the stability of the community that maintains the currency and its blockchain, according to a statement.

With the introduction of Metronome’s chainhop capability, the Metronome team shows it is possible to maintain user’s holdings in a cryptocurrency and choose the blockchain ledger that most suits one’s requirements for stability and governance.

The cross-chain capability is available via the Metronome desktop wallet (Windows, MacOS, and Linux), as well as the mobile wallets for iOS and Android, while for developers, all components are available on GitHub.

For more information, contact https://metronome.io.

-- 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

VISTA GLOBAL PRESENTS XO, THE GLOBAL PRIVATE AVIATION MARKETPLACE

  • The beginning of a new world, with instant booking and worldwide access for all On Demand customers;  
  • Demonstrating the speed of change the Vista Global group is bringing to the industry;
  • Customers will be able to choose the best digital membership option, request a flight, or book a seat – instantly.


DUBAI, UAE, June 27 (Bernama-GLOBE NEWSWIRE) -- Vista Global, the private aviation group founded by Thomas Flohr, announces the creation of XO, the global digital marketplace for private aviation.

The launch of XO, powered by JetSmarter technology, marks the beginning of a new world for all private aviation customers. Built by combining the trusted operational and customer-centric expertise of XOJET with the speed and convenience of technology originally developed by JetSmarter, the new brand will provide elevated services for On Demand private jet travel.

Whereas in the past, business aviation customers would have to navigate the complex industry with no centralized platform, they will now be able to fly anytime, anywhere, at a moment’s notice through the XO app or online. As demand moves towards digital solutions, customers will be able to:
  • Choose the best membership option to serve their travel needs – from occasional flyers to those traveling more regularly, XO offers more flexibility than ever before.
  • Request a flight through XO’s advanced private aviation platform – providing On Demand charter access to over 1,500 private jets globally, covering the full spectrum of cabin classes.
  • Book a seat on existing shared flights around the world.
  • Enjoy a seamless experience with a dedicated Aviation Advisor who works diligently on their behalf.             
Existing XOJET and JetSmarter Members will have access to Vista Global’s worldwide operational excellence and the option to switch to enhanced membership benefits, including additional rewards for loyal customers.

The launch of the new marketplace demonstrates the speed of change and comprehensive range of solutions that Vista Global is bringing to the business aviation market. With VistaJet and XO, the group is able to serve the entire spectrum of business aviation consumers.

Vista Global’s Founder and Chairman, Thomas Flohr, said: “In the first month after closing our acquisition of JetSmarter for its innovative technology, we have worked relentlessly to establish a new company, a new brand and new products to fulfill our vision to serve every single customer in the business aviation market. XO, powered by JetSmarter technology, is well equipped to address the $11B per year global market of On Demand business aviation, as well as the new market of customers moving up from First and Business class. We are ready to go live and introduce our suite of XO solutions to the market.”

Vista Global was founded in 2018 to become a worldwide leading provider of asset-light solutions in private aviation. In 2018 alone, Vista Global arranged for 115,000 passengers to fly on over 70,000 flights on a fleet of 116 owned aircraft and its partners’ network. Vista Global aircraft will also be available on the XO platform, with the global fleet operated by VistaJet Ltd and the U.S. fleet by its partner operators, including XOJET Aviation, allowing the group to maximize utilization and provide higher value to customers compared to traditional full and fractional ownership costs.

About XO, powered by JetSmarter technology

XO, powered by JetSmarter technology, is the first global digital marketplace for private aviation. The centralized platform combines the trusted operational and customer-centric expertise of XOJET with the speed and convenience of technology originally developed by JetSmarter.

All private aviation customers can instantly request a flight or book a seat on the XO app or online, with access to thousands of private jets across all categories, from light, midsize, super-midsize and long-range aircraft. XO Members can also benefit from preferential pricing and guaranteed access, and receive 24/7 assistance from XO’s Aviation Advisors.

XO, powered by JetSmarter technology, is part of Vista Global Holding, the private aviation group founded by Thomas Flohr to become the worldwide leading provider in business flight services. Vista Global integrates a unique portfolio of brands offering asset-light flying solutions to serve every private aviation customer.

For more information, visit flyXO.com

About Vista Global Holding

Vista Global Holding provides worldwide business flight services. A global group headquartered at the DIFC in Dubai, Vista Global integrates a unique portfolio of companies offering asset-light services to cover all key aspects of business aviation: guaranteed and On Demand global flight coverage; aircraft leasing and finance; and cutting-edge aviation technology.

The group’s mission is to lead the change to provide customers with the most advanced flying services and the very best value, anytime, anywhere around the world. Vista Global’s knowledge and understanding of all facets of the industry deliver the best end-to-end offering and technology to any business aviation customer, through its VistaJet and XO branded services.

Vista Global does not own or operate any aircraft. All flights are performed by FAA-licensed/DOT-registered EASA or U.S. certified Vista Global group direct air carriers and/or partner operators. Vista Global Holding holds a non-controlling minority stake in XOJET Aviation LLC.

For more information, visit vistaglobal.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/cc441853-03c0-4224-b5d2-bf44f741cd64
https://www.globenewswire.com/NewsRoom/AttachmentNg/0b85e0a4-976e-4db9-95dd-0a85544a749d
https://www.globenewswire.com/NewsRoom/AttachmentNg/8454403c-da4c-4a15-9522-a1446254a4d1
https://www.globenewswire.com/NewsRoom/AttachmentNg/d2b51e52-f223-4ad2-b17b-6f93748b7d60

Contacts
Vista Global
press@vistaglobal.com

XO
press@flyxo.com

SOURCE : Vista Global Holding
  • The beginning of a new world, with instant booking and worldwide access for all On Demand customers;  
  • Demonstrating the speed of change the Vista Global group is bringing to the industry;
  • Customers will be able to choose the best digital membership option, request a flight, or book a seat – instantly.


DUBAI, UAE, June 27 (Bernama-GLOBE NEWSWIRE) -- Vista Global, the private aviation group founded by Thomas Flohr, announces the creation of XO, the global digital marketplace for private aviation.

The launch of XO, powered by JetSmarter technology, marks the beginning of a new world for all private aviation customers. Built by combining the trusted operational and customer-centric expertise of XOJET with the speed and convenience of technology originally developed by JetSmarter, the new brand will provide elevated services for On Demand private jet travel.

Whereas in the past, business aviation customers would have to navigate the complex industry with no centralized platform, they will now be able to fly anytime, anywhere, at a moment’s notice through the XO app or online. As demand moves towards digital solutions, customers will be able to:
  • Choose the best membership option to serve their travel needs – from occasional flyers to those traveling more regularly, XO offers more flexibility than ever before.
  • Request a flight through XO’s advanced private aviation platform – providing On Demand charter access to over 1,500 private jets globally, covering the full spectrum of cabin classes.
  • Book a seat on existing shared flights around the world.
  • Enjoy a seamless experience with a dedicated Aviation Advisor who works diligently on their behalf.             
Existing XOJET and JetSmarter Members will have access to Vista Global’s worldwide operational excellence and the option to switch to enhanced membership benefits, including additional rewards for loyal customers.

The launch of the new marketplace demonstrates the speed of change and comprehensive range of solutions that Vista Global is bringing to the business aviation market. With VistaJet and XO, the group is able to serve the entire spectrum of business aviation consumers.

Vista Global’s Founder and Chairman, Thomas Flohr, said: “In the first month after closing our acquisition of JetSmarter for its innovative technology, we have worked relentlessly to establish a new company, a new brand and new products to fulfill our vision to serve every single customer in the business aviation market. XO, powered by JetSmarter technology, is well equipped to address the $11B per year global market of On Demand business aviation, as well as the new market of customers moving up from First and Business class. We are ready to go live and introduce our suite of XO solutions to the market.”

Vista Global was founded in 2018 to become a worldwide leading provider of asset-light solutions in private aviation. In 2018 alone, Vista Global arranged for 115,000 passengers to fly on over 70,000 flights on a fleet of 116 owned aircraft and its partners’ network. Vista Global aircraft will also be available on the XO platform, with the global fleet operated by VistaJet Ltd and the U.S. fleet by its partner operators, including XOJET Aviation, allowing the group to maximize utilization and provide higher value to customers compared to traditional full and fractional ownership costs.

About XO, powered by JetSmarter technology

XO, powered by JetSmarter technology, is the first global digital marketplace for private aviation. The centralized platform combines the trusted operational and customer-centric expertise of XOJET with the speed and convenience of technology originally developed by JetSmarter.

All private aviation customers can instantly request a flight or book a seat on the XO app or online, with access to thousands of private jets across all categories, from light, midsize, super-midsize and long-range aircraft. XO Members can also benefit from preferential pricing and guaranteed access, and receive 24/7 assistance from XO’s Aviation Advisors.

XO, powered by JetSmarter technology, is part of Vista Global Holding, the private aviation group founded by Thomas Flohr to become the worldwide leading provider in business flight services. Vista Global integrates a unique portfolio of brands offering asset-light flying solutions to serve every private aviation customer.

For more information, visit flyXO.com

About Vista Global Holding

Vista Global Holding provides worldwide business flight services. A global group headquartered at the DIFC in Dubai, Vista Global integrates a unique portfolio of companies offering asset-light services to cover all key aspects of business aviation: guaranteed and On Demand global flight coverage; aircraft leasing and finance; and cutting-edge aviation technology.

The group’s mission is to lead the change to provide customers with the most advanced flying services and the very best value, anytime, anywhere around the world. Vista Global’s knowledge and understanding of all facets of the industry deliver the best end-to-end offering and technology to any business aviation customer, through its VistaJet and XO branded services.

Vista Global does not own or operate any aircraft. All flights are performed by FAA-licensed/DOT-registered EASA or U.S. certified Vista Global group direct air carriers and/or partner operators. Vista Global Holding holds a non-controlling minority stake in XOJET Aviation LLC.

For more information, visit vistaglobal.com

Photos accompanying this announcement are available at:

https://www.globenewswire.com/NewsRoom/AttachmentNg/cc441853-03c0-4224-b5d2-bf44f741cd64
https://www.globenewswire.com/NewsRoom/AttachmentNg/0b85e0a4-976e-4db9-95dd-0a85544a749d
https://www.globenewswire.com/NewsRoom/AttachmentNg/8454403c-da4c-4a15-9522-a1446254a4d1
https://www.globenewswire.com/NewsRoom/AttachmentNg/d2b51e52-f223-4ad2-b17b-6f93748b7d60

Contacts
Vista Global
press@vistaglobal.com

XO
press@flyxo.com

SOURCE : Vista Global Holding

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

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


Wednesday 26 June 2019

Phun utility tokens available globally

KUALA LUMPUR, June 26 (Bernama) -- Phun utility tokens are now available for purchase in the international market, according to Texas-based Phunware Inc, a fully-integrated enterprise cloud platform for mobile.

Phunware chief operating officer, Randall Crowder said Phun allowed the international community to participate in blockchain-enabled data exchange and mobile loyalty ecosystem, driving towards mainstream global adoption and future exchange listings.

The company recently launched its dual token structure to comply with the current regulatory landscape.

While Phun is a utility token that enables consumers to monetise their digital activity as they engage in profitable behaviour with brands, PhunCoin remains a compliant security token that enables consumers to monetise digital identity and offers token holders a PhunCoin dividend.

Given the current regulatory environment, Phun will initially be available only outside the United States and Canada. Investors outside both the countries can purchase Phun by registering on https://buy.phuntoken.com/

-- BERNAMA

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

AxiomSL, Refinitiv partner for global shareholding disclosure data enrichment

KUALA LUMPUR, June 25 (Bernama) -- AxiomSL, a regulatory reporting and risk management solutions provider, has partnered with Refinitiv, one of the world’s largest providers of financial market data and infrastructure.

The partnership combines AxiomSL’s robust Global Shareholding Disclosures solution with Refinitiv’s reference data enabling financial institutions to automatically enrich client positions while managing regulatory obligations across multiple jurisdictions.

The combination also enables market participants to understand data and report issues to successfully comply with shareholding disclosure requirements globally.

In addition, the collaborative approach reduces the burden on clients to source and integrate market data while enhancing the automation of the entire end-to-end monitoring process.

AxiomSL (Europe, the Middle East and Africa) general manager, Ed Royan said the partnership would address the challenges of data transparency requirements set out by global regulatory authorities when rules differed.

“This partnership unlocks many benefits from streamlining and automating complex rules to seamlessly ingesting and aggregating disparate data resulting in a rapid go-live process.”

-- BERNAMA

Terns Pharmaceuticals, GENFIT to develop, commercialise elafibranor in Greater China Region

KUALA LUMPUR, June 25 (Bernama) -- Terns Pharmaceuticals Inc has announced an exclusive licensing and collaboration agreement with GENFIT (GNFT) to develop and commercialise elafibranor in the Greater China Region.

GNFT is a late-stage biopharmaceutical company dedicated to the discovery and development of innovative therapeutic and diagnostic solutions in metabolic and liver-related diseases. Elafibranor is GENFIT’s lead pipeline product candidate.

Under the terms of 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 mainland China, Hong Kong, Macau and Taiwan.

GNFT will receive a US$35 million upfront payment and will be eligible to receive up to US$193 million in subsequent payments, based on achieving clinical, regulatory and commercial milestones. (US$1 = RM4.14)

Both companies will also collaborate on research and development moving forward in NASH and PBC, according to a statement.

The licensing and collaboration agreement with GENFIT follows the 2018 announcement that Terns acquired the global, exclusive rights to develop and commercialise three NASH assets from Eli Lilly and Company.

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

-- BERNAMA

Pearson-UNIRAZAK collaboration links accounting professional pathways

KUALA LUMPUR, June 25 (Bernama) -- Pearson Malaysia (Pearson) and Universiti Tun Abdul Razak (UNIRAZAK) have signed a memorandum of agreement (MoA) to create new accounting professional pathways.

The signing seals the beginning of a partnership between Pearson and UNIRAZAK, which guarantees admission for LCCI diploma graduates into UNIRAZAK’s four-year Bachelor of Accounting (Honours) accredited by CPA Australia degree programme.

The agreement was inked at UNIRAZAK’s main campus here recently and signed by head of Pearson Asia, Alan Malcolm and UNIRAZAK chief executive officer, Amil Izham Hamzah.

“We are excited to partner with UNIRAZAK and we believe this collaboration brings both parties to the forefront of the qualification space, in terms of accountancy and employability,” said Malcolm.

Pearson LCCI offers international qualifications in areas of financial and quantitative, marketing, business, administration and IT. It is a flexible programme with examinations available at various levels.

The collaboration benefits local and international Pearson LCCI graduates who are looking for a degree pathway which comes packaged together with an accounting professional qualification.

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

-- BERNAMA

Aliyun Innovation Center for entrepreneurship, innovation platform

KUALA LUMPUR, June 25 (Bernama) -- The Aliyun Innovation Center (Chongqing) was recently launched in Chongqing Liangjiang Digital Economy Industrial Park.
The 11, 280 sq metre centre is an entrepreneurship and innovation incubation services platform, serving internet, cloud computing, big data and digital economy industries.
The centre was jointly established by Chongqing Liangjiang New Area, Alibaba Cloud Computing Co Ltd and Tsinghua Technology & Innovation Holdings Co Ltd.
Targeting incubation of small and medium-sized digital economy enterprises, the centre aims to create a digital economy closed loop ecosystem, including state-of-the-art technologies of cloud computing, big data, Internet of Things, artificial intelligence, mobile Internet and virtual reality.
As the largest cloud computing platform in China, Aliyun will provide innovative and entrepreneurial enterprises with a high technical starting point, enabling them to enjoy the same technical platform as world-renowned Internet companies, according to vice-president of Aliyun intelligent China division, Chen Bin.
He said Alibaba, one of the largest digital economies in the world, could offer good support for the cooperation of underlying platforms for innovation and entrepreneurship.
The centre also launched its CloudX plan recently, which included the projects to establish an ecological community of professional technical developers, form a circle of innovative peers of CloudX and operate a cloud intelligent college in service of regional digital economy industry talents.
The innovation centre has 10 enterprises stationed, and it plans to incubate more than 100 high-tech firms in cloud computing, big data, Internet of Things, artificial intelligence and mobile Internet.
-- BERNAMA

Monday 24 June 2019

TEIJIN ACQUIRES EXCLUSIVE SALES RIGHTS IN ASIA TO BARLEYMAX®

TOKYO, June 24 (Bernama-BUSINESS WIRE) -- Teijin Limited announced today that it has reached an agreement with The Healthy Grain Pty. Limited, an Australian venture company, to acquire the exclusive sales rights in Asia to BARLEYmax® non-genetically modified barley rich in resistant starch and water-soluble dietary fiber, such as β-glucan and fructan. BARLEYmax® was developed by Australia’s national science agency, the Commonwealth Scientific and Industrial Research Organisation.
 
Teijin, since entering into an exclusive agreement with Healthy Grain to jointly develop BARLEYmax® in Japan in 2015, has expanded domestic sales, conducted clinical trials, developed products by leveraging the special characteristics of various ingredients, and implemented marketing to improve recognition. Teijin has now acquired the exclusive sales rights in Asia and started sales where market expansion is expected, based on its judgment that further global business expansion is essential.
 
The agreement grants Teijin exclusive marketing rights in Korea, China, Taiwan, Thailand, Indonesia and Singapore, markets suitable for BARLEYmax® due to their local customs of eating rice as well as increasing consumption of functional cereals and rising health consciousness. Teijin initially will focus on these markets, targeting the prompt launch of products in cooperation with local companies and exporting of processed foods from Japan.
 
Teijin is rapidly expanding its global healthcare business to enhance the quality of life of worldwide by helping people to enjoy fulfilling lives from birth to their final days.
 
About the Teijin Group
 
Teijin (TOKYO:3401) is a technology-driven global group offering advanced solutions in the areas of environmental value; safety, security and disaster mitigation; and demographic change and increased health consciousness. Its main fields of operation are high-performance fibers such as aramid, carbon fibers & composites, healthcare, films, resin & plastic processing, polyester fibers, products converting and IT. The group has over 170 companies and around 20,000 employees spread out over 20 countries worldwide. It posted consolidated sales of JPY888.6 billion (USD 8.1 billion) and total assets of JPY 1020.7 billion (USD 9.3 billion) in the fiscal year ending March 31, 2019.
Please visit www.teijin.com

http://mrem.bernama.com/viewsm.php?idm=34811

RAZER AND VISA ANNOUNCE PARTNERSHIP TO TRANSFORM PAYMENTS IN SOUTHEAST ASIA

  • Integration of Visa prepaid solution in Razer Pay e-wallet to enable users to make payments at 54 million merchant locations on Visa’s global network
  • Bringing financial inclusion to Southeast Asia’s unbanked and underserved population

KUALA LUMPUR, Malaysia, June 24 (Bernama-BUSINESS WIRE) -- Razer™, the leading global lifestyle brand for gamers, and Visa, the world’s leader in digital payments, have announced a first of its kind partnership that will transform payments in the gaming industry by bringing the scale and reach of Visa’s global network to Razer Pay e-wallet users.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190623005044/en/

The partnership will see Razer’s financial technology arm, Razer Fintech, join Visa’s fintech fast-track program, which is designed to make it easier for fintechs to access the global Visa payments network. Here, Razer Fintech and Visa will develop a virtual Visa prepaid solution to be embedded in the Razer Pay e-wallet, that will allow up to 60 million Razer users to make payments wherever Visa is accepted at 54 million merchant locations worldwide.

Chris Clark, Regional President, Asia Pacific, Visa, said: “We are pleased to partner with such a forward-looking and innovative company that understands the value and importance of expanding access to digital payments. This announcement reaffirms Visa’s commitment to the fast-growing and digitally savvy Southeast Asia region. Together, Visa and Razer Fintech have the opportunity to transform the payments experience for not only the gaming community but many of Southeast Asia’s unbanked and underserved consumers as well.”

Min-Liang Tan, Co-Founder and CEO of Razer, said: “Razer Fintech is a core growth initiative for Razer as we continue to empower digital payments across emerging markets, starting from Southeast Asia. We are incredibly excited with the opportunities that this innovative payment solution serves to millions of consumers, connecting them to an extensive network of merchants globally. This partnership with Visa significantly extends Razer Fintech’s position as the largest offline-to-online digital payment network in the region.”

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