Tag: Million

Yew Lee Announces RM5.7 Million Revenue for Q3

KUALA LUMPUR, Nov 24, 2023 – (ACN Newswire) – Yew Lee Pacific Group Berhad (“Yew Lee” or the “Group”), a manufacturer of industrial brushes as well as trading of industrial hardware and machinery parts, today announced that the Group recorded revenue of RM5.7 million for the third quarter ended 30 September 2023 (“3Q FY2023”). Managing Director of Yew Lee, Mr. Ang Lee Leong In 3Q FY2023, Yew Lee reported a revenue of RM5.7 million, compared to RM6.1 million in the same quarter of the previous year. This change is primarily due to variations in sales orders. Notably, the Group’s manufacturing ... Read more

Japan – TANAKA Memorial Foundation to Offer Precious Metals Research Grants of Up to 10 Million Yen (from a Grant Pool of 20 Million Yen) – Applications for Research Projects Open on September 4

The TANAKA Memorial Foundation (Representative Director: Hideya Okamoto) announced that it will take applications for research themes for FY2023 Precious Metals Research Grants between September 4 (Mon) and November 30 (Thu). Applications for the grants are open to Japanese educational institutions and public research institutes conducting research and development that will bring about innovative evolution in new research and development, and product development, in the area of precious metals. In this 25th year of the research grant, recipients will receive a total of 20 million yen in research grants, including the new Umekichi Tanaka Award of 10 million yen, which ... Read more

Major Shareholder of China Power (2380.HK) Invests Over HK$280 Million to Increase Stakes by Over 100 Million Shares

In response to recent stock price fluctuations, State Power Investment Corporation Limited (SPIC), the major shareholder of China Power International Development Limited (2380.HK) (the “Company”), believing in the prospect and value of the Company, undertook a series of strategic purchases of the Company’s shares. Over the past three trading days, SPIC substantially increased its equity holding in the Company by a total of more than 100 million shares, involving a noteworthy investment amount exceeding HK$280 million. This demonstrates SPIC’s resolute commitment to stabilizing the Company’s share price and safeguarding the interests of shareholders as a whole, as well as its ... Read more

Nearly 1 million visitors flock to Hong Kong Book Fair

The 33rd HKTDC Hong Kong Book Fair, 6th Sports and Leisure Expo, and 3rd World of Snacks, all organised by the Hong Kong Trade Development Council (HKTDC), drew to a successful close today. The seven-day event attracted nearly one million visitors, of which 10% were tourists. Book Fair visitors spent an average of HK$872 (US$112) per person. Close to 780 exhibitors from 36 countries and regions participated in the three events, offering the public a diverse and extraordinary summer experience. The 33rd HKTDC Hong Kong Book Fair, 6th Sports and Leisure Expo, and 3rd World of Snacks drew one million ... Read more

KGW to Raise RM16.73 Million from ACE Market IPO

KGW Group Berhad, a provider of logistics services including ocean freight services, air freight services and freight forwarding services as well as warehousing and distribution of healthcare-related products and devices, today launched the Group’s prospectus for the upcoming initial public offering (“IPO”) on the ACE Market of Bursa Malaysia Securities Berhad.The IPO will raise RM16.73 million via the issuance of 79.66 million new shares at the IPO price of RM0.21 per share to fund KGW’s future expansion as well as for working capital and repayment of bank borrowings. The proceeds will be used in the following manner: – RM2.00 million ... Read more