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ACN Newswire

ShareInvestor Group’s S$30M Merger with InvestingNote Adds Vitality to Singapore’s Retail Investing Scene

4 1 月, 2023

SINGAPORE, Jan 4, 2023 - (ACN Newswire via SEAPRWire.com) - ShareInvestor Pte Ltd, Singapore's largest independent platform for investor relations, market data tools and investor education, today announced its merger with Investing Note Pte. Ltd., a fast-growing and profitable community-driven platform serving young retail investors since 2014. ShareInvestor is an established brand with a 22-year track record of profitability. The deal terms for the merger values the combined Group at more than S$30 million.Mr Christopher Lee SI CEO [L] and Mr Shanison Lin InvestingNote CEO [R]InvestingNote is renowned for its large following of Gen Y (Millennials) and Gen Z investors, due in no small part to its CEO, Shanison Lin Xinshan, being a Millennial himself who shares the younger generation's life aspirations, immersion in the digital world, and financial objectives.Shanison's belief that financial literacy should be fun and profitable has powered Investing Note to be the largest social network for young retail investors in both Singapore and Malaysia. Advertisers, sponsors, key opinion leaders and brokerages have been quick to recognise the value of tying up with Investing Note to engage its subscriber base of youthful and enthusiastic investors.ShareInvestor and InvestingNote have had a long and mutually fruitful association starting with Shanison joining ShareInvestor as a software engineer after he graduated from [NUS] in 2009 with a Bachelor of Information Technology on a Ministry of Education (MOE) scholarship, until 2014 when he left to start InvestingNote. In 2015, ShareInvestor took an initial 15% stake in the startup and subsequently both ShareInvestor and two of its senior Management increased their total stake to 32%. Throughout the years, ShareInvestor's senior Management has provided strategic guidance to InvestingNote, and the synergy that the two companies enjoy has spawned many successful project collaborations.Mr Christopher Lee, CEO, ShareInvestor Group said: "The merger with InvestingNote is a natural progression for ShareInvestor given our long and synergistic relationship. It makes us even more attractive as a one-stop platform for advertisers, sponsors, key opinion leaders, brokerages and other financial intermediaries to forge win-win business partnerships with us. The merger also brings on board new talents and technologies and positions ShareInvestor as a future-ready financial intermediary for both traditional and digital assets."Mr Shanison Lin Xinshan, Founder of InvestingNote, said: "This is a pivotal moment for us as we mark the beginning of the next phase of growth. ShareInvestor has always been our shareholder and close partner since the early days of InvestingNote. I am super excited about starting this new journey together!"Commenting on the merger, Mr Chan Kum Kong, Head of Research and FinLit, Singapore Exchange (SGX Group) said, "With the rise of a younger generation of tech-savvy investors, there is a need for high quality information and innovative solutions for online communities to hone their investment skills. The merger between ShareInvestor and InvestingNote will combine talents and capabilities of both platforms and broaden their reach to investors in the region. We look forward to the merged entity bringing added vibrancy to Singapore's retail investing landscape."Mr Greg Baker, CEO of TD Ameritrade Singapore, said, "Knowledge is an investor's best asset, and young investors know this. They place a high value on credible insights that can help them make smarter investment choices, in their pursuit of financial well-being. We have worked with ShareInvestor for over a decade and look forward to furthering our collaboration with the enlarged entity to make investor education readily accessible to all."Mr Gavin Chia, Managing Director, Moomoo Financial Singapore Pte. Ltd. said, "We have a symbiotic relationship with ShareInvestor and InvestingNote. In today's increasingly complex financial markets, investor education is of utmost importance for informed decision making. The ShareInvestor Group's services and its footprint in the Southeast Asia region will serve us well as we venture into these markets."Mr Christopher Lee concluded: "The Group's enhanced talent and technology resources, together with its growing footprint in Singapore, Malaysia, Indonesia and Thailand, give us confidence that we can be the leading regional financial intermediary, riding on the promising economic outlook for the ASEAN markets."The merged Group has set its sights for an initial public offering (IPO) on the Singapore Exchange or another reputable stock exchange within the next few years.To know more about ShareInvestor and Investing Note, please visit https://www.shareinvestorholdings.com/ and https://www.investingnote.com/For more information, please contact:Mr Wayne KooMobile: +65 9338-8166 Office: +65 6958-8008 / 6958-8005 / 6958-8006Email: query@waterbrooks.com.sg / wayne.koo@waterbrooks.com.sgAbout ShareInvestor (www.shareinvestorholdings.com)A leading regional media and technology company, ShareInvestor Pte Ltd (SI) was founded in 1999 to empower investors to make informed investment decisions. SI focuses on providing investor relations, market data and investor education services, and operates the largest investor relations network in the region. SI Group has over 130 employees in four countries (Singapore, Malaysia, Thailand and Indonesia). It has also made strategic investments in investor relations/public relations firm, Waterbrooks Consultants Pte Ltd (www.waterbrooks.com.sg), and Singapore's leading social media platform for investors, Investing Note Pte Ltd (www.investingnote.com).SI (www.shareinvestor.com) provides online market data for multiple markets across its online platform tools ShareInvestor Station(TM), ShareInvestor WebPro(TM) and ShareInvestor Mobile. Its other products include Investor-One (www.investor-one.com), a website on investor education, market news, corporate developments, and data analytics; as well as Inve$t, the e-magazine published weekly in Singapore and Malaysia.SI organises financial investment seminars and conferences for investors. Its annual large-scale events INVEST Fair(TM) (www.investfair.com.sg) in Singapore and Malaysia draws thousands of participants.About InvestingNote (www.investingnote.com)Investing Note is the largest and most interactive platform for investments in Singapore and Malaysia. It is a community-driven platform designed specifically to help investors and traders to share ideas on stocks, personal finance, news and insights through social networking and a variety of useful investment tools. Previously, the company (Investing Note Pte Ltd) has received funding support from Infocomm Media Development Authority (IMDA) and Singapore Press Holdings (SPH). Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Hong Kong Investor Relations Association (HKIRA) Announces Winners of the 8th IR Awards 2022

16 9 月, 2022

HONG KONG, Sep 16, 2022 - (ACN Newswire via SEAPRWire.com) - Hong Kong Investor Relations Association (HKIRA) today announced the winners of the 8th Investor Relations Awards 2022.Friends from the investment community and industry professionals attend the 8th Investor Relations Awards Presentation CeremonyIn its eighth consecutive year, the IR Awards recognises and honours investor relations (IR) excellence and best practices among Hong Kong listed companies and IR professionals. With the COVID-19 pandemic gradually easing, physical events have started to resume. This year's IR Awards Conference and Awards Presentation Ceremony took a hybrid mode, with IR experts and professionals invited to join discussions sharing their different perspectives on strategies, latest trends, effective processes and best practices of investor relations. HKIRA was particularly honoured to have Mr Christopher Hui, GBS, JP, Secretary for Financial Services and the Treasury, as the guest of honour and keynote speaker at the Awards Presentation Ceremony.The 8th IR Awards 2022 had widespread support from listed companies and the investment sector. There were a total of 152 company nominees in the Awards this year, reflective of a growing awareness of the importance of investor relations. As in previous years, the award winners were first nominated by the public, then selected via online polling by qualified voters among buy-side and sell-side investors. More than 790 investors from over 290 financial institutions voted this year. The continued support is proof of the recognition the IR Awards enjoys in the investor community. With investor relations gaining emphasis in the industry, HKIRA has kept striving to enhance the standard of IR excellence in Hong Kong by optimising the award mechanism to make sure of the quality of the awards. Of all the award categories, "Overall Best IR Company" is the most prestigious as the winner is selected by the judging panel among the winners of all the award categories for demonstrating all-round exemplary performance in investor relations. This year, the winners of Overall Best IR Company by company size - Large Cap, Mid Cap, and Small Cap - are China Resources Beer (Holdings) Company Limited; Yue Yuen Industrial (Holdings) Limited; and Sa Sa International Holdings Limited respectively.Dr Eva Chan, Founding Chairman of HKIRA, said, "We are very happy to be able to meet all of you in person again at this year's event, in this gathering of our member companies, IROs and friends from the investment community. In this post-pandemic new normal, the event again took the 'hybrid' mode, with the conference and award ceremony streaming live online so a wider audience could join. I would like to express my gratitude to the different participating parties and their assistance in helping us prepare for the event. "In the past year, the mainland government tightened policies on specific sectors like Education, Real Estate, IT, among others, which negatively affected the business and share prices of some listed companies. As a result, the number of participating companies for the IR Award this year is 10% lower than the previous year. To uphold the standard of the IR Award, the panel judge has decided to reduce the number of awards this year. With travel restricted between China and Hong Kong, investors have relied heavily on IROs in the two places for latest information to help them plan investment strategies and make decisions wisely, hence they are requiring listed companies to be more proactive and effective in disclosing information. IROs have thus become a crucial information portal and a major bridge for companies to interact with investors, helping listed companies to connect with local and global investors and analysts under the new normal."Strategic Public Relations Group is again proud to be the Official Public Relations Partner and Diamond Sponsor of HKIRA IR Awards 2022. Winners of the 8th IR Awards include the following companies (in sequential order of tickers): [Ticker / Company]14 Hysan Development Company Limited16 Sun Hung Kai Properties Limited17 New World Development Company Limited35 Far East Consortium International Limited66 MTR Corporation Limited135 Kunlun Energy Company Limited173 K. Wah International Holdings Limited178 Sa Sa International Holdings Limited272 Shui On Land Limited291 China Resources Beer (Holdings) Company Limited341 Cafe de Coral Holdings Limited388 Hong Kong Exchanges and Clearing Limited392 Beijing Enterprises Holdings Limited435 Sunlight Real Estate Investment Trust511 Television Broadcasts Limited551 Yue Yuen Industrial (Holdings) Limited636 Kerry Logistics Network Limited659 NWS Holdings Limited700 Tencent Holdings Limited726 DIT Group Limited778 Fortune Real Estate Investment Trust823 Link Real Estate Investment Trust832 Central China Real Estate Limited868 Xinyi Glass Holdings Limited887 Emperor Watch & Jewellery Limited968 Xinyi Solar Holdings Limited1044 Hengan International Group Company Limited1200 Midland Holdings Limited1361 361 Degrees International Limited1368 Xtep International Holdings Limited1381 Canvest Environmental Protection Group Company Limited1458 Zhou Hei Ya International Holdings Company Limited1811 CGN New Energy Holdings Co., Ltd.1929 Chow Tai Fook Jewellery Group Limited2020 ANTA Sports Products Limited2199 Regina Miracle International (Holdings) Limited2217 Tam Jai International Co. Limited2279 Yonghe Medical Group Co., Ltd.2313 Shenzhou International Group Holdings Limited2778 Champion Real Estate Investment Trust3331 Vinda International Holdings Limited3382 Tianjin Port Development Holdings Limited3800 GCL Technology Holdings Limited3868 Xinyi Energy Holdings Limited3918 NagaCorp Ltd.6858 Honma Golf Limited6993 Blue Moon Group Holdings Limited9983 Central China New Life LimitedFor the complete list of winners, please visit: https://www.hkira.com/awards/ehall2022.php. Judging Panel:-- Professor Louis Cheng (Chairman of Judging Panel) The Hang Seng University of Hong Kong, Dr S H Ho Professor of Banking and Finance, Director of Research Institute for Business, Director of the Research Centre for ESG-- Mrs. Amy DonatiEDICO Holdings Limited - Executive Director and Chief Executive Officer-- Ms. Ashley Khoo, CFA, CPACFA Society Hong Kong - Past President and Board Director-- Mr. Andrew LookCITIC Resources Holdings Limited - Independent Non-Executive Director-- Ms. Victoria Mio, CFA, FRMFIL Investment Management (Hong Kong) Limited - Director, Asia Pacific Equity -- Mr. Wilfred YiuHong Kong Exchanges and Clearing Limited - Managing Director and Head of Markets-- Mr. Maurice NgaiGeneral Committee and the Chairman of Membership Services of the Sub-CommitteesChamber of Hong Kong Listed Companies About HKIRAHong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,000 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 68% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA's members are from a wide spectrum of professions including IR, finance, accounting, company secretariat to corporate investment, holdig positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information and HKIRA details, please visit our website http://www.hkira.com.About the IR AwardsThe HKIRA Investor Relations Awards (the IR Awards) is an annual campaign that aims to encourage, recognize and reward the excellence in investor relations practices by individuals and companies listed on the Hong Kong Stock Exchange. Since its launch in 2015, each year the Awards seek out and highlight the incredible achievements of individuals and companies with high standards in investor relations through their role modelling to the investment community.The Awards ceremony, consisting of a conference in the morning and awards presentation in the afternoon, is a spectacular gathering of IR specialists and industry professionals that applauds and publicizes the year's achievements in investor relations. For details of the Awards and online nominations, please visit http://www.hkira.com/awards. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

Hong Kong Investor Relations Association Announces Winners of the 8th IR Awards 2022

15 9 月, 2022

HONG KONG, Sep 15, 2022 - (ACN Newswire via SEAPRWire.com) - Hong Kong Investor Relations Association ("HKIRA") today announced the winners of the 8th Investor Relations Awards 2022 (the "IR Awards" or the "Awards").Friends from the investment community and industry professionals attend the 8th Investor Relations Awards Presentation CeremonyIn its eighth consecutive year, the Awards recognises and honours investor relations ("IR") excellence and best practices among Hong Kong listed companies and IR professionals. With the COVID-19 pandemic gradually easing, physical events have started to resume. This year's IR Awards Conference and Awards Presentation Ceremony took a hybrid mode, with IR experts and professionals invited to join discussions sharing their different perspectives on strategies, latest trends, effective processes and best practices of investor relations. HKIRA was particularly honoured to have Mr Christopher Hui, GBS, JP, Secretary for Financial Services and the Treasury, as the guest of honour and keynote speaker at the Awards Presentation Ceremony.The 8th IR Awards 2022 had widespread support from listed companies and the investment sector. There were a total of 152 company nominees in the Awards this year, reflective of a growing awareness of the importance of investor relations. As in previous years, the award winners were first nominated by the public, then selected via online polling by qualified voters among buy-side and sell-side investors. More than 790 investors from over 290 financial institutions voted this year. The continued support is proof of the recognition the IR Awards enjoys in the investor community. With investor relations gaining emphasis in the industry, HKIRA has kept striving to enhance the standard of IR excellence in Hong Kong by optimising the award mechanism to make sure of the quality of the awards. Of all the award categories, "Overall Best IR Company" is the most prestigious as the winner is selected by the judging panel among the winners of all the award categories for demonstrating all-round exemplary performance in investor relations. This year, the winners of Overall Best IR Company by company size - Large Cap, Mid Cap, and Small Cap - are China Resources Beer (Holdings) Company Limited; Yue Yuen Industrial (Holdings) Limited; and Sa Sa International Holdings Limited respectively.Dr Eva Chan, Founding Chairman of HKIRA, said, "We are very happy to be able to meet all of you in person again at this year's event, in this gathering of our member companies, IROs and friends from the investment community. In this post-pandemic new normal, the event again took the 'hybrid' mode, with the conference and award ceremony streaming live online so a wider audience could join. I would like to express my gratitude to the different participating parties and their assistance in helping us prepare for the event. "In the past year, the mainland government tightened policies on specific sectors like Education, Real Estate, IT, among others, which negatively affected the business and share prices of some listed companies. As a result, the number of participating companies for the IR Award this year is 10% lower than the previous year. To uphold the standard of the IR Award, the panel judge has decided to reduce the number of awards this year. With travel restricted between China and Hong Kong, investors have relied heavily on IROs in the two places for latest information to help them plan investment strategies and make decisions wisely, hence they are requiring listed companies to be more proactive and effective in disclosing information. IROs have thus become a crucial information portal and a major bridge for companies to interact with investors, helping listed companies to connect with local and global investors and analysts under the new normal."Strategic Public Relations Group is again proud to be the Official Public Relations Partner and Diamond Sponsor of HKIRA IR Awards 2022. Winners of the 8th IR Awards include the following companies (in sequential order of tickers): Tickers / Company14 Hysan Development Company Limited16 Sun Hung Kai Properties Limited17 New World Development Company Limited35 Far East Consortium International Limited66 MTR Corporation Limited135 Kunlun Energy Company Limited173 K. Wah International Holdings Limited178 Sa Sa International Holdings Limited272 Shui On Land Limited291 China Resources Beer (Holdings) Company Limited341 Cafe de Coral Holdings Limited388 Hong Kong Exchanges and Clearing Limited392 Beijing Enterprises Holdings Limited435 Sunlight Real Estate Investment Trust511 Television Broadcasts Limited551 Yue Yuen Industrial (Holdings) Limited636 Kerry Logistics Network Limited659 NWS Holdings Limited700 Tencent Holdings Limited726 DIT Group Limited778 Fortune Real Estate Investment Trust823 Link Real Estate Investment Trust832 Central China Real Estate Limited868 Xinyi Glass Holdings Limited887 Emperor Watch & Jewellery Limited968 Xinyi Solar Holdings Limited1044 Hengan International Group Company Limited1200 Midland Holdings Limited1361 361 Degrees International Limited1368 Xtep International Holdings Limited1381 Canvest Environmental Protection Group Company Limited1458 Zhou Hei Ya International Holdings Company Limited1811 CGN New Energy Holdings Co., Ltd.1929 Chow Tai Fook Jewellery Group Limited2020 ANTA Sports Products Limited2199 Regina Miracle International (Holdings) Limited2217 Tam Jai International Co. Limited2279 Yonghe Medical Group Co., Ltd.2313 Shenzhou International Group Holdings Limited2778 Champion Real Estate Investment Trust3331 Vinda International Holdings Limited3382 Tianjin Port Development Holdings Limited3800 GCL Technology Holdings Limited3868 Xinyi Energy Holdings Limited3918 NagaCorp Ltd.6858 Honma Golf Limited6993 Blue Moon Group Holdings Limited9983 Central China New Life LimitedFor the complete list of winners, please visit: https://www.hkira.com/awards/ehall2022.php. Judging Panel-- Professor Louis Cheng (Chairman of Judging Panel) The Hang Seng University of Hong Kong - Dr. S H Ho Professor of Banking and Finance, Director of Research Institute for Business, Director of the Research Centre for ESG-- Mrs. Amy DonatiEDICO Holdings Limited - Executive Director and Chief Executive Officer-- Ms. Ashley Khoo, CFA, CPACFA Society Hong Kong - Past President and Board Director-- Mr. Andrew LookCITIC Resources Holdings Limited - Independent Non-Executive Director-- Ms. Victoria Mio, CFA, FRMFIL Investment Management (Hong Kong) Limited - Director, Asia Pacific Equity -- Mr. Wilfred YiuHong Kong Exchanges and Clearing Limited - Managing Director and Head of Markets-- Mr. Maurice NgaiGeneral Committee and the Chairman of Membership Services of the Sub-CommitteesChamber of Hong Kong Listed Companies About HKIRAHong Kong Investor Relations Association (HKIRA) is a non-profit professional association comprising investor relations practitioners and corporate officers responsible for communication between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education, advances the best IR practices and meets the professional development needs of those interested in pursuing the investor relations profession.HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of its members. To date, HKIRA has over 1,000 members most of whom are working for companies primarily listed on the Stock Exchange of Hong Kong. About 68% of the Hang Seng Index Constituent Stock companies are currently members of HKIRA. HKIRA's members are from a wide spectrum of professions including IR, finance, accounting, company secretarial to corporate investment and hold positions at different corporate levels, including top executives responsible for IR and management of listed companies. For more information about HKIRA details, please visit our website http://www.hkira.com.About the IR AwardsThe HKIRA Investor Relations Awards (the "IR Awards") is an annual campaign that aims to encourage, recognize and reward the excellence in investor relations practices by individuals and companies listed in Hong Kong Stock Exchange. Since the launch in 2015, each year the Awards seeks out and highlights the incredible achievements of individuals and companies with high standards in investor relations through their role modelling to the investment community.The Awards ceremony, consisting of a conference in the morning and presentation in the afternoon, is a spectacular gathering of IR specialists and industry professionals that applauds and publicizes the year's achievements in investor relations. For details of the Awards and online nominations, please visit http://www.hkira.com/awards. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

ShareInvestor’s 15th INVESTFair Goes Physical Again and Attracts Strong Response from Investors, Sponsors and Exhibitors

17 8 月, 2022

SINGAPORE, Aug 17, 2022 - (ACN Newswire via SEAPRWire.com) - ShareInvestor Pte Ltd ("SI" or "the Group"), a leading regional media and technology company focused on equity market data, investor relations (IR), and investor education, announced today that its premier annual event INVESTFair has attracted a strong response from the investing community.The event's "Era of Borderless Investing" theme resonates well with an investing community that now leverages on technology to trade "any product, any market, any time".The Group's 15th edition of INVESTFair is a large-scale onsite event that will be held on Saturday 27th August 2022 from 9am to 6pm, at Suntec Singapore Convention and Exhibition Centre, Hall 404. To date, sponsors include SGX Group, Moomoo Singapore, TD Ameritrade Singapore, SPH Media, FTSE Russell, CSOP Asset Management, City Index, Lim and Tan Securities, USMART, Webull, Tiger Brokers, UOB Asset Management etc.The event is expected to draw a sizeable crowd of retail and mass affluent investors. Entrance is free of charge, and visitors can register at https://investfair.com.sg/register.html Mr Christopher Lee, CEO, ShareInvestor Group said "INVESTFair has been an annual event that investors have looked forward to since 2007. This year's line-up of top tier speakers, insightful panel discussions, innovative product exhibitors and generous lucky draws promises to make it an even more enjoyable as well as educationally enriching event."Mr Gavin Chia, Managing Director, Moomoo Singapore and a Platinum Sponsor of the event said, "Our vision is to revolutionize Singapore's investing landscape by promoting both investor education and intelligent investment strategies. Investing is truly borderless. Many investors look to follow experts' ideas and strategies to create a sustainable, lasting wealth portfolio in a complex investing environment.""Moomoo Singapore has strived to promote financial literacy through various partnerships that inspire and empower investment decisions. This year, Moomoo Singapore has returned to the physical INVESTFair, offering investors an opportunity to connect with industry veterans to share insights and learn strategies for shielding assets against market volatility and global inflation." Added Gavin Chia.Mr Greg Baker, CEO of TD Ameritrade Singapore, said, "We are delighted to be a partner of INVESTFair once again, and to be a part of conversations that aim to help Singapore investors take better control of their financial lives. In today's fast-moving market, the most important asset investors can have is knowledge that will help them to trade quickly, decisively, and efficiently. We look forward to sharing how investors can stay on top of market trends and make more-informed investment decisions when trading in the U.S. markets, by leveraging our educational resources and thinkorswim(R) suite of platforms."To know more about INVESTFair, please visit https://www.investfair.com.sg About ShareInvestor (www.shareinvestorholdings.com)A leading regional media and technology company, ShareInvestor Pte Ltd (SI) was founded in 1999 to empower investors to make informed investment decisions. SI focuses on providing investor relations, market data and investor education services, and operates the largest investor relations network in the region.Over the past, 22 years, the SI Group has grown from 12 staff in Singapore to more than 130 staff in five countries (Singapore, Malaysia, Thailand, Indonesia and Australia). It has also made strategic investments in investor relations/public relations firm, Waterbrooks Consultants Pte Ltd (https://www.waterbrooks.com.sg/), and Singapore's leading social media platform for investors, Investing Note Pte Ltd (https://www.investingnote.com). SI (https://www.shareinvestor.com/) provides online market data for multiple markets across its online platform tools ShareInvestor Station(TM), ShareInvestor WebPro(TM) and ShareInvestor Mobile. Its other products include Investor-One (https://www.investor-one.com/), a website on investor education, market news, corporate developments, and data analytics; as well as INVEST Magazine published weekly in Malaysia and monthly in the Singapore version.It also assists public listed companies and financial institutions with their corporate website designs and technology services. SI organizes financial investment seminars and conferences for investors. Its annual large-scale events INVEST Fair(TM) ( https://investfair.com.sg ) in Singapore and Malaysia draws thousands of participants.For more information, please contact:Media Contact:Mr Wayne KooMobile: +65-9338-8166 Office: +65-6958-8008 Email: query@waterbrooks.com.sg, wayne.koo@waterbrooks.com.sgEvent Contact:Ms Zhao Yan JingOffice: +65-6958-8019Email: yanjing.zhao@shareinvestor.com, events@shareinvestor.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

HG Semiconductor Places 30 Million New Shares and Announces Subscription of 60 Million Shares and 60 Million Warrants by Founder of GCL Technology Mr. Zhu Gongshan

8 8 月, 2022

HONG KONG, Aug 8, 2022 - (ACN Newswire via SEAPRWire.com) - HG Semiconductor Limited ("HG Semiconductor", together with its subsidiaries, "the Group", Stock Code: 6908.HK) has announced placement of 30 million new shares ("Placing Shares") at the placing price of HK$3.20 per share to no less than six placees. In addition, the Group has entered into an investment agreement ("Investment Agreement") with Profit Act Limited ("Strategic Investor"), an entity indirect wholly-owned by the Founder, Chairman and Executive Director GCL Technology Holdings Limited (Stock Code: 3800.HK) Mr. Zhu Gongshan ("Mr. Zhu"), pursuant to which the Group had conditionally agreed to allot and issue, and Strategic Investor had conditionally agreed to subscribe for 60 million subscription shares ("Shares Subscription") and 60 million warrants ("Warrants Subscription"). As at 5 August 2022, the Group has 563,591,000 shares in issue. Pursuant to the placing agreement, the Placing Shares represent approximately 5.32% of the existing issued share capital of the Group. After deducting the placing commission and other relevant expenses, the maximum net proceeds will amount to approximately HK$93.6 million. The Group intends to use approximately HK$78.0 million of the proceeds for strengthening its research and development ("R&D") capabilities of semiconductor business including light-emitting diode ("LED"), Mini LED, fast charging, gallium nitride ("GaN") devices and related products, which includes set-up of R&D centres, recruitment of R&D professionals, and the procurement of equipment and materials with an aim to develop and/ or capture patent and technology. The remains of the net proceeds will be used for provision of general working capital and improving the financial position of the Group. In regard to the Investment Agreement with Strategic Investor, the Shares Subscription price is HK$3.00 per subscription share, while the subscription price of each warrant share upon exercise of the warrants will be HK$3.68. After deduction of relevant costs and expenses, the gross and net proceeds from the Shares Subscription and full exercising of the subscription rights attaching to the warrants will be approximately HK$180.0 million and approximately HK$220.8 million respectively. The Group proposes to use the proceeds from the Shares Subscription and Warrants Subscription for the development of GaN business. The subscription shares and warrants shares cannot be sold or transferred for 18 months commencing on the date of issuance. Meanwhile, the Strategic Investor will conduct due diligence examinations on the Group regarding its business, financial, and legal aspects etc. If the results of the due diligence examinations are to the satisfaction of Mr. Zhu, the Strategic Investor will participate in the Shares Subscription and the Warrants Subscription. The subscription shares and warrant shares will be allotted and issued under the Shares Specific Mandate to be sought from the shareholders at extraordinary general meeting (EGM). Mr. Zhu is the Founder, Chairman and Executive Director of GCL Technology Holdings Limited. He was a member of the 12th National Committee of the Chinese People's Political Consultative Conference (the "CPPCC") and is currently a member of the 12th Jiangsu Province Committee of the CPPCC, the chairman of Global Green Energy Industry Council, the vice chairman of Global Innovation Centre, the chairman of Asian Photovoltaic Industry Association, the deputy director of the Green and Low Carbon Development Promotion Committee of China Enterprise Confederation, the executive vice president of the Energy Storage and Electric Vehicle Branch of China Electricity Council. Over the years, Mr. Zhu has been deeply involved in the fields of electric power, photovoltaic, natural gas, new energy vehicle operation and semiconductor. In addition, he attaches great importance to scientific and technological innovation. The Investment Agreement between the Group and the Strategic Investor signifies the trust and support of Mr. Zhu, giving the Group a strong vote of confidence in further solidifying the business strategies and development of GaN. Subsequent to the personal investment in HG Semiconductor by Dr. Justin Chiu, Executive Director of CK Asset Holdings Limited (Stock Code: 1113.HK), the management of the Group is delighted to introduce more new investors. The Shares Subscription and Warrants Subscription represent a good opportunity for the Group to raise additional capital for expanding its GaN business, so as to expedite the Group's development. In view of the steadfast development of global new energy vehicles, coupled with global geopolitical risks and other factors, various countries fully support the development of the semiconductor industry (particularly the third-generation semiconductor), the Group's GaN business is poised to embrace bright prospects. Leveraging the background of Mr. Zhu as a strategic shareholder, the Group expects (i) further coordination of resources in the new energy industry with Strategic Investor alongside strategic synergy with the Group's third-generation semiconductors (especially power chips) to form complementary industrial resources; (ii) the use of Strategic Investor's financial resources and business network in the financial system to assist the Group in the rapid development of production capacity and products; (iii) facilitation of the Group to work closely with local governments to improve the policies and supports for the third-generation semiconductor industry; and (iv) that the Strategic Investor will share experiences in operation and management to assist the Group to build up its talents, operations, technology and R&D. Looking ahead, the Group will continue to proactively pursue technological innovation, refine its business strategies to capture market opportunities and accelerate growth in its GaN semiconductor business, striving to generate continuous and stable returns for its shareholders in the long run.About HG Semiconductor LimitedHG Semiconductor Limited (6908.HK) is principally engaged in semiconductor product business in China, including the design, development, manufacturing, subcontracting services and sales of light-emitting diode ("LED") beads and a new generation of semiconductor gallium nitride ("GaN"). The Group is committed to accelerating its research and development and expansion in the application of GaN related products, with an aim to become a leading semiconductor company with the integration of design, manufacturing and sales of semiconductor chips, as well as providing total solutions with higher efficiency and competitive system cost.For more details, please visit www.hg-semiconductor.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

ACN Newswire

SMOORE International Wins 5 All-Asia Executive Team Awards in Institutional Investor including Most Honored Company

23 6 月, 2022

HONG KONG, Jun 23, 2022 - (ACN Newswire via SEAPRWire.com) - The world's largest manufacturer of vaping device - SMOORE International Holdings Limited ("SMOORE" or the "Company", collectively referred to as the "Group" with its subsidiaries, stock code: 6969.HK) announced its recognition as the "Most Honored Company" and the third place in the consumer sector among 138 nominated consumer companies in the 2022 Asia (ex-Japan) Executive Team Ranking, which was released by Institutional Investor, a prominent financial magazine worldwide. SMOORE also won several awards in categories, including No.2 in Best ESG, No.3 in Best CFO, No.2 in Best IR Program, and No.2 in Best IR Professional. Institutional Investor was founded by Gilbert E.Kaplan in New York in 1967. It is a world leader in corporate governance and IR research. Institutional Investor LLC is part of the Euromoney Institutional Investor PLC Group, which is listed on the London Stock Exchange and a member of the FTSE 250 share index. For over 50 years, Institutional Investor has recognized people and firms for excellence. Every year, buy-side analysts, portfolio managers and sell-side analysts from global top financial institutions are invited to rank the best performing public companies in corporate governance and investor relations management. The integrity of Institutional Investor's rankings and awards have earned the highest regard in the industry. Each result release is heatedly discussed by the capital market as influential references. In the 2022 ranking, 5,524 buy-side analysts and sell-side analysts gauged a total of 1,612 nominated public companies of 18 sectors regarding core dimensions, such as financial information disclosure, corporate governance and investor relations. In total, 46 companies were granted the coveted Most Honored Company recognition.Since its listing in 2020, SMOORE highly values IR management. The Company is committed to efficient and smooth communication with the capital market through professional, timely and comprehensive communication and disclosure. During the pandemic, SMOORE manages to keep effective communication through various ways such as earnings release, brokerage strategy conferences, reverse roadshows, regular investor meetings and product launches, which is highly recognized by the capital market.In addition, SMOORE continues to reinforce its ESG strategy and position sustainable development as an important part of daily operation and business decision-making. SMOORE was rated as A-level in MSCI ESG Indexes in January 2021, which is maintained in the latest edition. Winning the title as "Best ESG" of Institutional Investor is an important recognition of SMOORE's practices in sustainable development, social responsibility and corporate governance. In 2021, SMOORE reduced the greenhouse gas emission intensity and water consumption intensity by 16% and 9.4% respectively on a year-on-year basis. As SMOORE strives for "zero-carbon enterprise", the Company set four major goals: carbon neutrality in scope 1 & 2 by 2050, 30% of total energy consumption from renewable sources by 2030, properly dispose of waste and encourage recycling, make full use of water resources to reduce water consumption. Moreover, in the past few years, the Company has been proactive in all kinds of community activities, including youth education and development, flood relief, community engagement, poverty alleviation and pandemic control. The Group invested over CNY 11.3 million in public welfare activities in 2021, with employees participating in volunteer work for more than 500 hours, and a total of over 3.46 million training hours.Chen Zhiping, Chairman and Chief Executive Officer of SMOORE, says "the wining of multiple important awards from Institutional Investor is a recognition of SMOORE's business performance, corporate governance, ESG and IR. Going forward, SMOORE will keep acting proactively in IR management and perform better. We will continue to adhere to the strategy of long-termism and technological leadership, focusing on building the world's leading vaping technology platform and creating long-term value for customers, partners, employees, shareholders and the society."About SMOOREFounded in 2006, SMOORE is a global leader in atomization technology solutions, covering reduced-risk products, medical, pharmaceutical, and beauty atomization technologies. With inter disciplinary atomization research and a diverse product portfolio, SMOORE is committed to becoming anadvanced platform, aspired to make life better. According to Frost & Sullivan, SMOORE is the world's No.1 in the vaping device market with 22.8% global market share in 2021. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)