Friday, August 30, 2019

PubMatic receives IAB Tech Lab´s Open Measurement SDK compliance certification

KUALA LUMPUR, Aug 29 (Bernama) -- PubMatic, a premium digital technology company has achieved certification for IAB Tech Lab’s Open Measurement SDK Integration Validation Compliance (IVC) for Display ad formats.

“With this achievement, it is critical that we accelerate the growth of programmatic with more transparency, all which lead to the overall success of our in-app publisher and developer clients,” said PubMatic senior director (Product Management), Mike Chowla.

By supporting this initiative, PubMatic will help drive improved in-app viewability and verification to ensure quality and trust in this growing channel, according to a statement.

This certification comes in the midst of PubMatic’s continued commitment to enforcing industry quality and transparency initiatives such as the IAB Tech Lab’s App-ads.txt specification, Sellers.JSON and Supply Chain Object.

With the compliance certification, PubMatic continues to focus on driving more effective mobile advertising and helping advertisers realise the potential mobile can offer.

More information at https://pubmatic.com.

-- BERNAMA

Thursday, August 29, 2019

PRESS NOTICE - ENTITLEMENT DATE FIXED (CENTURY BOND BHD)

CENTURY BOND BHD. ("CBB" OR "COMPANY")

SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE UNDERTAKEN BY CBB PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016 ("ACT") ("SCR)

KUALA LUMPUR, Aug 29 (Bernama) -- 
We refer to the press releases in relation to the SCR dated 16 April 2019, 22 April 2019 and 20 June 2019 (collectively "Press Releases"). Unless otherwise defined herein, all expressions used in this press release shall carry the same meanings as defined in the Press Releases.

On behalf of the Board, CIMB Investment Bank Berhad wishes to announce that following the extraction of the Order, the entitlement date for the SCR has been fixed at 5.00 pm on 20 September 2019. The notice of the entitlement date will be despatch to the shareholders of CBB accordingly.

The SCR will become effective when an office copy of the sealed order is lodged with the Companies Commission of Malaysia in accordance with Section 116(6) of the Act.

Click here to view the full release

Source: CIMB Group

FOR MORE INFORMATION, PLEASE CONTACT:
Name: Dato’ Zain Azhari Mazlan
Managing Director
Corporate Finance
Investment Banking
CIMB Investment Bank Berhad
Tel: +6 03 2261 0338

Name: Ang Lay Leng
Director
Corporate Finance
Investment Banking
CIMB Investment Bank Berhad
Tel: +6 03 2261 0983

--BERNAMA

THE MARY KAY FOUNDATION(SM) AND UT SOUTHWESTERN PARTNER TO END CANCERS IMPACTING WOMEN GLOBALLY

The long-standing partnership will introduce a new international fellowship program offering scientists around the globe opportunities to conduct groundbreaking cancer research

DALLAS, Aug 29 (Bernama-BUSINESS WIRE) -- The Mary Kay FoundationSM, a decades-long leader in the charge to eliminate cancers affecting women, recently announced a $500,000 grant to fund a groundbreaking global fellowship program with long-time partner UT Southwestern Medical Center. The new one-year fellowships will offer up to five international postdoctoral researchers the opportunity to conduct cutting-edge cancer research at the world-renowned UT Southwestern facility in Dallas, and allow them to continue research activity in their native country. This new grant program supports The Mary Kay Foundation’s continued commitment to ending women-related cancers around the world and marks the first time the Foundation’s cancer research grants program goes global.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20190828005139/en/

“Mary Kay Ash, our founder, saw firsthand the impact that cancer had on our independent beauty consultants, their families, and women around the world,” said Ryan Rogers, board member of The Mary Kay FoundationSM and grandson of Mary Kay Ash. “It became a mission for her to eradicate cancers affecting women. Our expanded partnership with UT Southwestern will allow us to continue that lifesaving work on a global scale.”

The Mary Kay FoundationSM has a long-standing partnership with UT Southwestern through a strong collaboration with Dr. Jerry W. Shay, cell biology professor at UT Southwestern and The Mary Kay FoundationSM Distinguished Professorship honoree. Dr. Shay has served as chair of the scientific review committee for The Mary Kay Foundation Innovative/Translational Cancer Research Grant Program in the U.S. for the last 22 years and will now serve as principal investigator over the new international fellowship program.

“Expanding the program internationally will allow us to focus on cancers that affect women the most,” said Dr. Shay. “We plan to identify a group of dedicated postdoctoral candidates from around the globe, invite them to Dallas, and equip them with all the tools and resources they need to continue their groundbreaking research in our outstanding cancer lab. Their work could have a tremendous impact on how we understand and treat cancers around the world.”

Since its establishment in 1996, The Mary Kay FoundationSM has supported Mary Kay Ash’s dedication to advocating on behalf of women and her vision of creating a cancer-free world. To date, The Mary Kay FoundationSM has awarded nearly $23 million to support the work of 225 top women-related cancer researchers across the U.S., funding efforts to search for cures for breast, uterine, cervical and ovarian cancers.

“Fighting cancer was personal for Mary Kay Ash,” said Dr. Gildea, Chief Scientific Officer at Mary Kay Inc. “And it’s personal to us. She would have been proud that we’re continuing her legacy of serving women on an even larger scale.”

About The Mary Kay Foundation

Guided by Mary Kay Ash’s dream to enrich the lives of women everywhere, The Mary Kay FoundationSM raises and distributes funds to invest in breakthrough cancer research to find a cure for women-related cancers, and ending domestic violence against women. Since 1996, The Mary Kay FoundationSM has contributed more than $78 million to organizations aligned with its two-fold mission. In addition, the Foundation supports awareness initiatives, community outreach programs, and advocates for legislation to ensure women are healthy and safe. Together, we can make the world better for women. To learn more about how to educate, advocate, volunteer and donate, and join life-saving work to support and empower women, visit marykayfoundation.org, find us on Facebook and Instagram, or follow us on Twitter.

View source version on businesswire.com: https://www.businesswire.com/news/home/20190828005139/en/

Contact

The Mary Kay Foundation
marykay.com/newsroom
972.687.5332 or media@mkcorp.com
 
Source : The Mary Kay Foundation

--BERNAMA

Wednesday, August 28, 2019

2019 Annual Chinese Sailing Festival makes waves in Haikou, come November

KUALA LUMPUR, Aug 28 -- The Chinese Yachting Association and Haikou Municipal People's Government have announced the 2019 Annual Chinese Sailing Festival would be held in Haikou, China.
The 14-day festival will make a splash from Nov 11 to 24.
Themed, ‘Sailing City, Sailing Haikou’, the event’s activities include the Chinese Yachting Association annual meeting, the finals of the China Sailing League and Chinese Family Sailing Competition, China Sailing Hall of Fame and the Keelboat World Championship.
The first Keelboat World Championship is the world's highest-level single keelboat championship, newly launched by World Sailing. It is also the first world-class keelboat race to be held in China.
The event will see World Sailing, national and regional Sailing Organisations, General Administration of Sport of China, city representatives and athletes.
Haikou vice-mayor, Long Weidong has introduced Haikou as one of the first batches of China Sailing Cities, which has invested and built the Sailing & Windsurfing Training Base, Haikou Sailing Windsurfing Theme Hotel and Sailing Windsurfing Boathouse, among others.
Focusing on the sport of sailing, Haikou aims to integrate sports with tourism and build a national sports tourism demonstration zone, according to a statement.
-- BERNAMA

Tuesday, August 27, 2019

Vricon, Apollo Mapping provide easy access to geospatial products

KUALA LUMPUR, Aug 22 -- Vricon has partnered Apollo Mapping, providing new means for geospatial product customers with easy access to Vricon’s offerings.

Customers can now order Vricon imagery via Apollo Mapping, using Apollo’s Image Hunter search engine tool to help clients find Vricon products featuring global areas.

Minimum order sizes are only 100 sq km, making Vricon products far more accessible and affordable for smaller organisations and businesses.

Vricon chief executive officer, Magnus Brege said: “We have not had the means to offer smaller areas of interest to engineers, business owners and academics - Apollo Mapping is helping to make that happen today.”

The company has also launched its new five-metre Digital Surface Model and Digital Terrain Model products, which are now available through Apollo Mapping.

The Virginia-based Vricon serves the global professional geospatial market with world-leading 3D geodata and 3D visualisation solutions.

Apollo Mapping partners with industry-leading imagery providers and land information companies to bring the most accurate, high-quality data possible.

More information at vricon.com

-- BERNAMA

Monday, August 26, 2019

AM BEST AFFIRMS CREDIT RATINGS OF HANWHA GENERAL INSURANCE COMPANY LIMITED

HONG KONG, Aug 26 (Bernama-BUSINESS WIRE) -- AM Best has affirmed the Financial Strength Rating of A (Excellent) and the Long-Term Issuer Credit Rating of “a” of Hanwha General Insurance Company Limited (HGI) (South Korea). The outlook of these Credit Ratings (ratings) is stable.

The ratings reflect HGI’s balance sheet strength, which AM Best categorizes as strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management. The ratings also reflect various forms of implicit and explicit support the company receives from its parent, Hanwha Life Insurance Co., Ltd. (Hanwha Life).

HGI’s risk-adjusted capitalization, as measured by Best’s Capital Adequacy Ratio (BCAR), is assessed as very strong, backed by strong growth of capital and surplus, which was driven by net profit retention and the issuance of new shares and hybrid bonds in recent years. Its underwriting and asset leverage, which used to be among the highest in the industry, have improved gradually over the past five years to a level that is now in line with the company’s peers as a result of its improved capitalization. HGI’s investment strategy supports its strong balance sheet strength assessment, with approximately 70% of the total invested assets in fixed income securities.

Factors offsetting HGI’s balance sheet strength include a higher proportion of alternative investment allocation, a wider asset-liability duration gap compared with its domestic peers and a declining interest coverage ratio.

Overall operating performance is assessed as adequate. The company’s underwriting performance has improved over the past five years, although it deteriorated in 2018, in line with the market trend. AM Best expects HGI’s underwriting performance to stabilize after multiple rounds of motor premium hikes in 2019. The company’s overall operating performance is supported by its strong investment yield, which helps to offset volatile underwriting performance.

HGI is the sixth-largest non-life insurance company in South Korea, with a market share of approximately 7% in terms of direct premium written in 2018. Based on its long-term strategic plan, the company has been focusing increasingly on digital innovation through the use of new technologies. HGI also is in the process of setting up South Korea’s first digital non-life insurer in 2019.

HGI receives various forms of implicit and explicit support from its parent company, Hanwha Life, the second-largest life insurance company in South Korea in terms of gross premium written in 2018. Implicit support includes co-branding between the two companies to increase operational synergy, utilizing Hanwha Life’s tied agents for distribution, as well as cooperation in areas such as investments, among others. In addition, HGI has received capital support historically from the Hanwha Group and Hanwha Life during new share issuance.

Negative rating actions could occur if there is a significant deterioration in the company’s risk-adjusted capitalization, or if there is a significant decline in the parent company’s financial strength and credit profile.

Ratings are communicated to rated entities prior to publication. Unless stated otherwise, the ratings were not amended subsequent to that communication.

This press release relates to Credit Ratings that have been published on AM Best’s website. For all rating information relating to the release and pertinent disclosures, including details of the office responsible for issuing each of the individual ratings referenced in this release, please see AM Best’s Recent Rating Activity web page. For additional information regarding the use and limitations of Credit Rating opinions, please view Understanding Best’s Credit Ratings. For information on the proper media use of Best’s Credit Ratings and AM Best press releases, please view Guide for Media - Proper Use of Best’s Credit Ratings and AM Best Rating Action Press Releases.

AM Best is a global rating agency and information provider with a unique focus on the insurance industry. Visit www.ambest.com for more information.

Copyright © 2019 by A.M. Best Rating Services, Inc. and/or its affiliates. ALL RIGHTS RESERVED.


View source version on businesswire.com: https://www.businesswire.com/news/home/20190823005201/en/

Contact

Chanyoung Lee
Senior Financial Analyst 

+852 2827 3404 
chanyoung.lee@ambest.com

Christie Lee 
Director, Analytics 
+852 2827 3413 
christie.lee@ambest.com

Christopher Sharkey 
Manager, Public Relations 
+1 908 439 2200, ext. 5159 
christopher.sharkey@ambest.com

Jim Peavy 
Director, Public Relations 
+1 908 439 2200, ext. 5644 
james.peavy@ambest.com

Source : AM Best

AM Best affirms credit ratings of China´s Ping An Health

KUALA LUMPUR, Aug 26 (Bernama) -- AM Best has affirmed the Financial Strength Rating of A- (excellent) and the Long-Term Issuer Credit Rating of ‘a-’ of Ping An Health Insurance Company of China Ltd (Ping An Health) China.
In a statement, the global rating agency said the outlook of these credit ratings was stable.
The ratings reflect Ping An Health’s balance sheet strength, which AM Best described as very strong, as well as its adequate operating performance, neutral business profile and appropriate enterprise risk management.
In addition, the ratings reflect the implicit and explicit support received from the company’s two major shareholders, Ping An Insurance (Group) Company of China Ltd and Discovery Limited.
AM Best expects the insurance company’s risk-adjusted capitalisation, as measured by Best’s Capital Adequacy Ratio, to remain at the strongest level based on its business plan.
Ping An Health has turned around to profit-making for two consecutive years, as a result of its transformation of business focus to individual health insurance.
More details on this credit ratings at www.ambest.com 

-- BERNAMA

Sunday, August 25, 2019

PRESS NOTICE - COURT APPROVAL (CENTURY BOND BHD)

CENTURY BOND BHD. ("CBB" OR "COMPANY")

SELECTIVE CAPITAL REDUCTION AND REPAYMENT EXERCISE TO BE UNDERTAKEN BY CBB PURSUANT TO SECTION 116 OF THE COMPANIES ACT, 2016 ("ACT") ("SCR)

KUALA LUMPUR, Aug 23 (Bernama) -- 
We refer to the press releases in relation to the SCR dated 16 April 2019, 22 April 2019 and 20 June 2019 (collectively "Press Releases"). Unless otherwise defined herein, all expressions used in this press release shall carry the same meanings as defined in the Press Releases.

On behalf of the Board, CIMB Investment Bank Berhad wishes to announce that the High Court of Malaya had today granted an order confirming the SCR Pursuant to Section 116 of the Act ("Order").

Pursuant thereto, all required approvals for the SCR have been duly obtained.

Following the above, CBB will proceed to extract the Order and lodge a copy of the Order with the Companies Commission of Malaysia in accordance with Section 116 (6) of the Act.

Click here to view the full releasehttp://mrem.bernama.com/pdf/Press%20Release%20on%20the%20Court%20Approval%20-%2022%20August%202019.pdf

Source: CIMB Group

Friday, August 23, 2019

SolarWinds upgrades web performance monitoring products across IT environments

KUALA LUMPUR, Aug 21 (Bernama) -- SolarWinds, an IT management software provider announced enhancements to its web performance monitoring products.

It includes updates to both the SolarWinds® Orion® Platform-based Web Performance Monitor (WPM), now WPM 3.0, and its SaaS-based SolarWinds Pingdom® solution.

The new features in the updated version of WPM 3.0 and Pingdom meet the needs of both IT operations and DevOps teams in unprecedented ways.

With the improved functionalities, technology professionals managing every type of environment can monitor website availability and performance, ultimately creating an overall exceptional user experience.

WPM is a comprehensive monitoring solution for SaaS applications and websites, helping users to find and fix web performance issues quickly and effectively.

Meanwhile, Pingdom provides web application performance monitoring outside the firewall, including real user monitoring, uptime, page speed and synthetics.

The SolarWinds web performance monitoring products are available immediately.

SolarWinds WPM and SolarWinds Pingdom monthly pricing starts at US$1,995 and US$11.95, respectively. (US$1=RM4.17)

Pricing may vary based upon the jurisdiction and applicable currency. More details at https://www.solarwinds.com

-- BERNAMA

Luke Richardson heads BlueJeans Network in Asia Pacific

KUALA LUMPUR, Aug 22 (Bernama) -- BlueJeans Network Inc, the meeting platform for the modern workplace, has appointed Luke Richardson as Asia Pacific vice-president and managing director, based out of Sydney.

Richardson and his team will work with regional partners, including Arkadin and Princeton to meet the demand for their video conferencing and collaboration solutions.

The appointment solidifies the BlueJeans APAC leadership team and reaffirms its focus on connecting regional businesses to a growing network of partners and executive leadership, according to a statement.

BlueJeans has seen a significant increase in the overall number of meetings and total meeting minutes in the region with 50 per cent growth (year-over-year) in the last 12 months, totaling more than 1.4 million meetings.

Customers are particularly interested in using the BlueJeans Gateway for Microsoft Teams. BlueJeans Gateway is deployed in minutes to enable every employee to participate in meetings, whether via desktops, conference rooms or huddle spaces.

BlueJeans has also opened a new data centre in Mumbai to serve the growth and demand for its meeting platform. Indian customer meetings will be hosted in the Mumbai POP by default and they can choose AWS Mumbai as the default storage location for recording data.

Khan Academy, Air Asia and Cotton:On are among companies that have selected BlueJeans as a trusted part of their collaboration platform.

More information at https://www.bluejeans.com.

-- BERNAMA

PUBMATIC Q2 REPORT SIGNALS GROWING FOCUS ON COMBATING ADVERTISING FRAUD

PUBMATIC Q2 REPORT SIGNALS GROWING FOCUS ON COMBATING ADVERTISING FRAUD

Wednesday, August 21, 2019

The 2019 Taoyuan Land Art Festival set in Northern Taiwan, next month

KUALA LUMPUR, Aug 21 -- This year’s Taoyuan Land Art Festival will start on Sept 6 until 22, at Bade District, Taoyuan in Northern Taiwan, featuring 34 artworks created by local and foreign artists.

Themed ‘New Landscape’, the festival will also feature five forums, 40 luminaries shows and 200 events including workshops and international art exchanges.

The annual event will serve as the core exhibition area supported by surrounding pond areas, according to a statement.

Two subsidiary exhibition areas at the Taoyuan Children's Art Museum in Qingpu and Xipo Pond Ecology Park, as well as an exhibition at Bade Pond and Eco Park, will also be presented this year.

With the concept of ‘Protecting the Present and Striving for a Better Future’, the festival will explore, recall, interpret, exhibit and rediscovery different aspects of ‘landscape’.

More information at http://taoyuanlandart.com.tw.

-- 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 REVISED CASH CONSIDERATION OF RM5.80 PER OFFER ORDINARY SHARE AND RM5.80 PER OFFER PREFERENCE SHARE ("OFFER PRICE") ("REVISED OFFER")

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

KUALA LUMPUR, Aug 20 (Bernama) --
We refer to the announcement dated 28 May 2019 by Tasek on the unconditional voluntary take-over offer by the Joint Offerors.

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:
 

DateNameDescription of transactionDescription of securityQuantityPrice (RM)
19 August 2019Ridge Star LimitedBuyOrdinary Shares19,3005.80

Please click here to view the full release

SOURCE : CIMB GROUP


http://mrem.bernama.com/viewsm.php?idm=35262

Tascent's Insight Face scores top performance marks in DHS evaluation

KUALA LUMPUR, Aug 21 (Bernama) -- Tascent Inc has received top performance marks in all categories in the US Department of Homeland Security (DHS) 2019 Biometric Technology Rally.
Benchmarked against 14 leading products, Tascent’s InSight Face cooperative face recognition solution delivered the highest accuracy, efficiency and customer satisfaction of all competitors.
In a statement, the leader in intuitive biometrics said InSight Face was the only solution to meet all of DHS’s goals for the evaluation.
The DHS official test results showed that Tascent InSight Face delivered zero per cent Failure to Acquire Rate, 99.5 per cent True Identification Rate, 98.1 per cent Satisfaction Rating and an average throughput (efficiency) of 2.7 seconds.
InSight Face, Tascent’s fifth-generation high throughput biometric system, will be released late this year.
In its second year, the DHS Biometric Technology Rally sought to compare the performance of various capture devices, algorithms and modalities in a realistic use case that mimics airline boarding or comparable high throughput travel facilitation environments.

-- BERNAMA

Tuesday, August 20, 2019

AM Best gives China BOCOM Insurance Company Limited solid rating

KUALA LUMPUR, Aug 16 (Bernama) -- AM Best has affirmed the Financial Strength Rating of A- (excellent) and the Long-Term Issuer Credit Rating of ‘a-’ of China BOCOM Insurance Company Limited (CBIC), Hong Kong.

The stable outlook of these credit ratings reflects CBIC’s balance sheet strength, which AM Best categorised as very strong, as well as its adequate operating performance, limited business profile and appropriate enterprise risk management.

It also reflects the wide range of support that the company receives as a wholly-owned subsidiary of the Bank of Communications Co Ltd (BOCOM), a large state-owned banking group in China and CBIC’s strategic importance to the group.

The company has generated net operating profits consistently over the past five years, which contributed to its capital growth through full profit retention and helped mitigate capital volatility arising from changes in the market value of its investment assets.

It maintains a diversified but small underwriting portfolio in Hong Kong’s non-life market and receives extensive business development and distribution support from BOCOM’s banking network in Hong Kong, mainland China and overseas.

While positive rating actions are unlikely to occur over the near term, negative rating actions could occur if there is a substantial decline in CBIC’s risk-adjusted capitalisation, a material deterioration in its operating performance or if support from BOCOM weakens notably.

AM Best is a global rating agency and information provider with a unique focus on the insurance industry. More information at http://www.ambest.com.

-- BERNAMA

Sunday, August 18, 2019

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 REVISED CASH CONSIDERATION OF RM5.80 PER OFFER ORDINARY SHARE AND RM5.80 PER OFFER PREFERENCE SHARE ("OFFER PRICE") ("REVISED OFFER")

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

KUALA LUMPUR, Aug 16 (Bernama) --
 We refer to the annoucement dated 28 May 2019 by Tasek on the unconditional voluntary take-over offer by the Joint Offerors.

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: 
 
DateNameDescription of TransactionDescription of SecurityQuantityPrice (RM)
16 August 2019Ridge Star LimitedBuyOrdinary Shares10,6005.80

Friday, August 16, 2019

UNITED SIKHS aids suspected hate crime victim in Washington DC

KUALA LUMPUR, Aug 13 (Bernama) -- The UNITED SIKHS legal team is assisting the family of an elderly Sikh following a report today that he encountered several brutal attackers at his home during what was suspected to be a hate crime.

According to details provided by the family, the victim’s home in the Washington DC area was now a bloody crime scene.

The victim, known only as ‘Mr. Singh’ sustained a fractured cheek bone and other bodily injuries requiring emergency surgery.

Following the report, UNITED SIKHS has notified the local authorities and the Federal Bureau of Investigation.

The family is currently working with the police to identify the perpetrators, who are at large.

“These are monsters that prey on elderly people and are desperate,” said Singh's daughter.

Since October last year, the family allegedly received threats from the Walden Palms Home Owners Association to sell 22 units from their real estate portfolio in Orlando, Florida.

According to the family, the threats included notes, phone calls and in-person conversations with association members who were reported to have repeatedly stated: "You better sell, or else" and "Watch your back."

UNITED SIKHS will continue to make public updates on the situation as developments unfold. Anyone with information on Singh's attackers are urged to call the Montgomery County Police Department at (301) 279-8000.

-- BERNAMA

GungHo, CAPCOM jointly develop ´TEPPEN´ project

KUALA LUMPUR, Aug 13 (Bernama) -- GungHo Online Entertainment Inc has launched ‘TEPPEN’, a smartphone game jointly developed with CAPCOM CO LTD.




‘TEPPEN’ is an ultimate card battle, created via a powerful tag-team collaboration between GungHo and Capcom.

This battle game features an original story that unfolds with brand new, impressive illustrations for each of the TEPPEN heroes and is a fusion of real-time gameplay.

TEPPEN began distribution in the United States, Canada, the United Kingdom, France, Spain, Germany and Italy on July 4 (Pacific Daylight Time).

The distribution area in Asia consists of Korea, Taiwan, Hong Kong, Macau, Malaysia, the Philippines, Thailand, Singapore, Indonesia and Australia.

The game is available in English, French, Spanish, German, Italian, Japanese, Korean, Traditional Chinese and Simplified Chinese.

More details at https://teppenthegame.com/

-- BERNAMA


TEAMS FROM TAYLOR'S UNIVERSITY MENTORED BY AMINVESTMENT BANK BERHAD SECURED TOP 2 POSITIONS IN THE INTER-VARSITY STOCK CHALLENGE 2019




KUALA LUMPUR, Aug 15 (Bernama) -- AmInvestment Bank Berhad (“AmInvestment Bank”) is pleased that its mentees from Taylor’s University were the Champion (winning the grand prize of RM 30,000) as well as the 1st Runner-Up (prize money of RM 20,000) at the Inter-Varsity Stock Challenge 2019 (“IVSC”).  The IVSC is a three-month long interactive stock trading competition for local university students. The competition was jointly organised by N2N, an integrated e-commerce securities trading solutions provider, with the support of AmInvestment Bank and three other securities firms.

“Congratulations to both teams for clinching the Top 2 placings in the Stock Challenge.  We are delighted to have played a major role in their winning performance and hope that the invaluable experience gained by all the participating teams in this competition will give them a strong foundation in share investments”, said Gan Kim Khoon, Executive Vice President, Head of Equity Markets, AmInvestment Bank Berhad.

Seohan Soo, Chief Executive Officer, AmInvestment Bank Berhad commented, “This Inter-Varsity Stock Challenge is a good platform to raise awareness of stock market investing and promote financial literacy amongst millennials who are the next generation of investors. We hope to continue to be part of such events in the future.”

A total of 787 teams from Universiti Tunku Abdul Rahman, Multimedia University and Taylor’s University participated in the Inter-Varsity Stock Challenge. The teams were put to the challenge of achieving the highest returns from investments with a virtual initial investment capital of RM100,000 each.  Apart from demonstrating the ability to maximise investment returns, they were also required to demonstrate a sound understanding of investment principles and strategies.

AmInvestment Bank took the initiative to organize an industry mentorship with a total of six workshops, led by our Joseph Chai Lipe Tatt, Head of Retail Research, AmInvestment Bank Berhad.  The success of the top two winning teams can be attributed to Joseph Chai as he took these students under his wings and provided both guidance and feedback throughout the competition.

“The event was an excellent opportunity to introduce the stock market industry, especially Bursa Malaysia and how stock trading works, to students. Not only were they hardworking, the students showed off their creativity in the game by unleashing their potential in stock trading, albeit in a virtual environment. It was exciting to witness the students’ growth in different ways and how they executed various strategies in order to win the competition. The final results showed that they have exceeded all expectations and I believe that we should introduce this competition in more universities as it would allow students to learn and practice in a risk-free environment, providing an avenue to nurture their interest and develop their talent in stock trading,” said Joseph Chai.
 
About AmBank Group

AmBank Group is a leading financial services group with over 40 years of expertise in supporting the economic development of Malaysia. We have over three million customers and employ over 9,000 people.

The Group was listed on the Main Market of Bursa Malaysia in 1988. It is the sixth-largest banking group by assets in Malaysia, with a market capitalisation of around RM13.7 billion and assets of RM158.8 billion as at 31 March 2019.

AmBank Group serves over three million individual and corporate customers. It provides services in wholesale banking, retail banking, business banking, investment banking and related financial services which include Islamic banking, underwriting of general insurance, stock and share broking, futures broking, investment advisory and management services in assets, real estate investment trust and unit trusts.

For more information, please visit www.ambankgroup.com 
 
Source: AmBank Group

THE WE COMPANY FILES REGISTRATION STATEMENT FOR PROPOSED INITIAL PUBLIC OFFERING

NEW YORK, Aug 15 (Bernama-BUSINESS WIRE) -- The We Company announced today that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission (“SEC”) relating to an initial public offering of its Class A common stock. The number of shares to be offered and the price range for the proposed offering have not yet been determined.

J.P. Morgan, Goldman Sachs & Co. LLC, BofA Merrill Lynch, Barclays, Citigroup, Credit Suisse, HSBC, UBS Investment Bank and Wells Fargo Securities will serve as joint bookrunning managers for the offering. The offering will be made only by means of a prospectus. Copies of the preliminary prospectus relating to the offering, when available, may be obtained from: J.P. Morgan Securities LLC, c/o Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York 11717, or by telephone at (866) 803-9204 (toll free); and Goldman Sachs & Co. LLC, Prospectus Department, 200 West Street, New York, NY 10282, by telephone at (866) 471-2526, by facsimile at (212) 902-9316, or by email at Prospectusny@ny.email.gs.com.

A registration statement relating to these securities has been filed with the SEC but has not yet become effective. These securities may not be sold, nor may offers to buy be accepted, prior to the time the registration statement becomes effective. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

http://mrem.bernama.com/viewsm.php?idm=35239

Thursday, August 15, 2019

China, ASEAN set up good example of international relations

KUALA LUMPUR, Aug 15 (Bernama) -- The historical relationship between China and ASEAN is the basis of China's ‘Maritime Silk Road’ initiative, with today, the strategic partnership between China and ASEAN becoming a model for a new type of international relations.

In recent years, in the face of the volatile international situation, China and ASEAN have taken the lead in maintaining regional peace and promoting the common development of mankind, according to a statement from Queqi Media Culture Co Ltd.

Historical accumulation has deepened China-ASEAN cooperation, whereby after the reform and opening up, ASEAN is the top priority of China's good-neighbourly friendship.

From the Asian financial crisis in 1997 to the international financial crisis in 2008, the strategic partnership between the two sides had experienced a real test. In 2003, China and ASEAN established a strategic partnership with common goals of mutual assistance and common development.

The accumulation of the policies, emotions and mechanisms have made the two sides cooperate quite smoothly under the ‘Belt and Road Initiative’.

Cooperation between China and ASEAN in the fields of economy and trade, macro-policy coordination, infrastructure, maritime rescue, counter-terrorism, culture and education has been progressing with remarkable results.

Future trends will ensure steady and substantial cooperation between the two sides and the development of the China-ASEAN relations will also become an important model for the world to examine the new type of international relations and community of shared future proposed by China.

More information at http://www.queqicn.com.

-- BERNAMA

PFIZER UPJOHN SIGNS MOU TO TACKLE NON-COMMUNICABLE DISEASES

KUALA LUMPUR, Aug 14 (Bernama) -- Pfizer Upjohn signed a Memorandum of Understanding (MOU) with its seven partners for iMANAGE (Integrated Management of Non-Communicable Diseases for Non-Governmental Organisations), a structured alliance of private healthcare providers to create an integrated healthcare programme. iMANAGE is an initiative to develop and deliver accredited trainings, support systems, and professional networking among general practitioners (GPs), specialists and pharmacists.

The seven partners are Malaysian Association for the Study of Pain (MASP), Academy of Family Physicians Malaysia (AFPM), Malaysian Society of Hypertension (MSH), Malaysian Psychiatric Association (MPA), National Heart Association Malaysia (NHAM), Malaysian Medical Association (MMA) and Malaysian Pharmaceutical Society (MPS).

NCDs are a significant public health concern as the leading cause of death globally[i] and locally[ii]. In Malaysia, NCDs such as cardiovascular disease (CVD), cancer, diabetes, and chronic respiratory disease cause 73% of deaths, with half of them due to CVDs (most common are heart attack and stroke)[iii]. Yet, undiagnosed NCD cases are high and continue to rise each year[iii].

Although NCDs are largely preventable, a major challenge is the alarmingly low health literacy rate of around 7% in Malaysia[iii]. There is a severe lack of education for patients on their health conditions and the importance of medication compliance. Data show that 73% of Malaysians were non-compliant, with 70% requiring further consultation with pharmacists[iv]. There is a critical need for increased patient education and better management of NCDs.

The Ministry of Health (MOH) has highlighted the financial, emotional and human costs resulting from NCDs as a serious concern, and ramped up efforts to address it. To this effect, the government has acknowledged the importance of partnerships between different stakeholders, be it public or private, to drive efforts around curbing the rising rate of NCDs.

“Heeding the call by MOH, Pfizer Upjohn has developed iMANAGE, bringing together seven healthcare partners. The iMANAGE pilot programme will be kicked off in Klang Valley involving 200 GPs and pharmacists, with the objectives of standardising care across the private healthcare providers, promoting knowledge-sharing through a structured support system and improving the health literacy rate,” said Jeff Bote, General Manager, Upjohn Malaysia and Brunei.

http://mrem.bernama.com/viewsm.php?idm=35234

GungHo, CAPCOM jointly develop ´TEPPEN´ project



KUALA LUMPUR, Aug 13 (Bernama) -- GungHo Online Entertainment Inc has launched ‘TEPPEN’, a smartphone game jointly developed with CAPCOM CO LTD.

‘TEPPEN’ is an ultimate card battle, created via a powerful tag-team collaboration between GungHo and Capcom.

This battle game features an original story that unfolds with brand new, impressive illustrations for each of the TEPPEN heroes and is a fusion of real-time gameplay.

TEPPEN began distribution in the United States, Canada, the United Kingdom, France, Spain, Germany and Italy on July 4 (Pacific Daylight Time).

The distribution area in Asia consists of Korea, Taiwan, Hong Kong, Macau, Malaysia, the Philippines, Thailand, Singapore, Indonesia and Australia.

The game is available in English, French, Spanish, German, Italian, Japanese, Korean, Traditional Chinese and Simplified Chinese.

More details at https://teppenthegame.com/

-- BERNAMA




dormy inn Asakusa obtains Japan´s three-star halal certification

KUALA LUMPUR, Aug 8 (Bernama) -- dormy inn global cabin Asakusa has received halal certification in the eatery category from the Japan Halal Foundation, making all meals conform to Islam's halal dietary rules.

The hotel received a three-star halal certificate, which means ‘complete halal’ and the highest among the three levels of certification, becoming Japan's first business hotel to receive such certification.

The hotel is operated by Kyoritsu Maintenance Co Ltd.

Kyoritsu Maintenance thoroughly considers guest requests, the selection of ingredients and how to secure suppliers of ingredients and train staffers in introducing the halal menu.

Since Kyoritsu Maintenance views the halal diet not as special meal but as those that all guests can enjoy, the company is sure the renewed menu can satisfy not only overseas guests, including Muslims, but also Japanese guests.

In addition, a prayer room has been set up on the 10th floor to help Muslim guests stay comfortably in Japan, not just involving meals, but also other aspects.

More details on the hotel at https://www.hotespa.net/hotels/asakusa/

-- BERNAMA