Crypto lender Hodlnaut applies for judicial management to avoid forced liquidation of its business

SINGAPORE – Beleaguered crypto lender Hodlnaut on Saturday (Aug 13) filed an application with the High Court to be placed under judicial management, the company announced in a statement on Tuesday. It added that judicial management would provide the best chance of recovery. “We are aiming to avoid a forced liquidation of our assets as […]

New breed of business leaders needed to make ESG work

SINGAPORE – A decade ago, the issue of ESG, or environment, social and governance factors, used to be a vague and peripheral topic of conversation at management meetings and corporate seminars. Following more than two years of pandemic-caused disruptions, it has suddenly become front and centre of corporate management practice. Today, investors, policymakers and other key […]

Keppel Infra-led consortium to buy Eco Management Korea for $666m

SINGAPORE (THE BUSINESS TIMES, REUTERS) – A consortium led by Keppel Infrastructure Trust (KIT) has agreed to buy South Korea’s Eco Management Korea Holdings (EMK) for 626.1 billion won (S$666.1 million) in cash. EMK is a waste management and recycling services provider and has six waste-to-energy plants and five sludge drying facilities located across South […]

Hywin Holdings to Acquire Beijing iLife3 Technology to Expand into Health Management Industry

SHANGHAI, China, Aug. 05, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Hywin Holdings Ltd. (“Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management service provider in China, today announced that it has entered into a series of definitive share transfer agreements and capital increase agreement with Beijing iLife3 Technology Co. Ltd (“Life Infinity”), one […]

Sarawak Consolidated Industries Berhad Signs MoU for Indonesian 4G Telco Tower Project

KUCHING, MALAYSIA, Aug 3, 2022 – (ACN Newswire via SEAPRWire.com) – Civil engineering specialist Sarawak Consolidated Industries Berhad (SCIB) has entered into a Memorandum of Understanding (MoU) with PT. Semesta Noor Berkarya (SNB) and PT. Envy Manajemen Konsultansi (EMK) to explore the formation of a partnership in relation to the construction of 4G telecommunications towers […]

Tech and upskilling crucial to transform facilities management and draw talent

SINGAPORE – Sensors and cameras connected to an online portal will allow engineers at facilities management firms to monitor the state of buildings from anywhere in the world, even from their homes. And drones can conduct inspections of building facades at height – all managed by skilled operators, who may concurrently be trained in security. […]

China Southern Asset Management Releases 2021 ESG Investment Report

New York, NY, July 22, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Recently, China Southern Asset Management released the 2021 ESG Investment Report. The report shows that, as the pioneer of ESG investment in the China asset management industry, China Southern Asset Management is actively fulfilling its environmental, social and governance responsibilities in many aspects, pursuing […]

Yang Xiaosong of Southern Asset Management: Full support is rendered to the third pillar construction for sustainable pension development

New York, NY, July 20, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Pension secures material needs for people in their old age and is the wealth foundation for the sustainable development of our society. China is turning into an aging society and facing the challenges of “getting old before getting rich” and “getting old before getting […]

CJPT to Begin Construction and Social Implementation of an Energy Management System in Fukushima and Tokyo to Promote Electrified Vehicles

TOKYO, Jul 19, 2022 – (JCN Newswire via SEAPRWire.com) – Commercial Japan Partnership Technologies Corporation has announced today that, in collaboration with its partners, it will begin the construction and social implementation of an energy management system in Fukushima Prefecture and Tokyo in January 2023, to promote the widespread use of electrified vehicles. Since it […]

Global Portfolio and Work Management Leader Planview Expands with Asia Pacific Headquarters in Singapore; Two Asian Tech Veterans to Lead Regional Operations out of Singapore

SINGAPORE and AUSTIN, Texas, Jul 7, 2022 – (ACN Newswire via SEAPRWire.com) – Planview, a global leader in Portfolio Management and Work Management, today announced the establishment of its regional headquarters in Singapore. The expanded Asia Pacific operations will support the growing demand for software solutions to accelerate agility and business transformation. The business disruptions […]

Puhui Wealth Investment Management Co., Ltd. Announces Financial Results for the Six Months Ended December 31, 2021

BEIJING, China, July 01, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Puhui Wealth Investment Management Co., Ltd. (Nasdaq: PHCF) (“Puhui” or the “Company”), a China-based third-party wealth management service provider with a focus on wealth management services for high net worth (“HNW”) individuals and corporate clients, today announced its financial results for the six months ended […]

Peplink redesigns one of its most cost effective and scalable mobile routers, MAX BR1 Mini

VILNIUS, Lithuania, June 27, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Peplink today unveils the new and improved mobile router, MAX BR1 Mini. The all-rounder offers durability, compactness, versatility, and numerous features to support use cases involving large network deployments and out-of-band (OOB) management. Starting from $349, the new BR1 Mini offers reliable LTE connectivity at […]

Hywin Holdings Appoints New Independent Director

SHANGHAI, China, June 27, 2022 (GLOBE NEWSWIRE via SEAPRWire.com) — Hywin Holdings Ltd. (“Hywin Wealth”, “Hywin”, or the “Company”) (NASDAQ: HYW), a leading independent wealth management service provider in China, today announced that Mr. Vincent Chun Hung Chan has been appointed to its Board of Directors, effective June 27, 2022. Mr. Vincent Chun Hung Chan […]

Hektar REIT’s ESG Commitment Gets Rewarded with a 4-Star Rating

KUALA LUMPUR, Jun 27, 2022 – (ACN Newswire via SEAPRWire.com) – Hektar Real Estate Investment Trust (Hektar REIT) has achieved an upgraded Environmental, Social and Governance (ESG) rating of 4-star on the FTSE4Good Bursa Malaysia Index (F4GBMI) in the latest June 2022 evaluation. Chief Executive Officer of Hektar Asset Management Sdn. Bhd. Johari Shukri bin […]

Desperate Chinese property developer willing to ‘swop wheat for house’

HONG KONG (REUTERS) – A desperate developer in China’s softening property market is coming up with a novel promotion to attract buyers, recently offering to take wheat and garlic as down payments. One advertisement of Henan-based developer Central China that had “swop wheat for house” in the title says buyers can use the crop, priced […]