Investment & Financing

3D Printing Expansion Unveils Growth Opportunities for Superior Materials

2016-03-31 20:12 4703

MOUNTAIN VIEW, Calif., March 31, 2016 /PRNewswire/ -- As 3D printing, or additive manufacturing (AM), moves from prototyping to end-part manufacturing, the companies supplying printing materials will be looking to develop products that are application-based rather than adopt a one-material-fits a...

Malaysian-based Sunway Group Invests USD218.75 Million to Boost Hospitality Unit

2016-03-31 20:07 4494

KUALA LUMPUR, Malaysia, March 31, 2016 /PRNewswire/ -- Sunway Hotels & Resorts, the hospitality division of Malaysian-based property-construction conglomerate Sunway Group, today, announced an investment ofUSD218.75 million (RM875 million ) to facilitate a three-year redevelopment and expansion pl...

Actions Semiconductor Reports Fourth Quarter and Full Year 2015 Results

2016-03-31 19:30 2854

ZHUHAI, China, March 31, 2016 /PRNewswire/ -- Actions Semiconductor Co., Ltd. (Nasdaq: ACTS) ("Actions Semiconductor" or "the Company"), one of China's leading fabless semiconductor companies that provides comprehensive portable multimedia and mobile internet system-on-a-chip (SoC) solutions for por...

Frost & Sullivan Awards Oberthur Technologies as Company of the Year in the Global Smart Cards Market

2016-03-31 19:00 3081

MOUNTAIN VIEW, Calif., March 31, 2016 /PRNewswire/ -- Based on its recent analysis of the smart cards market, Frost & Sullivan recognizes Oberthur Technologies (OT) with the 2016 Global Frost & Sullivan Company of the Year Award. OT's unique solutions to resolve the specific constraints in end-us...

SORL Auto Parts Reports the Fourth Quarter and Fiscal Year 2015 Results

2016-03-31 18:42 3327

ZHEJIANG, China, March 31, 2016 /PRNewswire/ -- SORL Auto Parts, Inc. (NASDAQ: SORL) ("SORL" or the "Company"), a leading manufacturer and distributor of automotive brake systems as well as other key safety-related auto parts in China, announced today its financial results for the fourth quarter of ...

China Comservice Announces 2015 Annual Results

2016-03-31 17:14 5465

HONG KONG, March 31, 2016 /PRNewswire/ -- HIGHLIGHTS: * Overall operating results achieved remarkable enhancement, with accelerated growth in total revenues and profit, and significant increase in free cash flow. * Gross profit margin and net profit margin were 14.1% and 2.9%, respectively. ...

Novel Multiple Myeloma Drug Aplidin(R) Shows Positive Results in Pivotal Phase 3 Study

2016-03-31 16:32 2893

SINGAPORE, MADRID and MELBOURNE, Australia, March 31, 2016 /PRNewswire/ -- International biopharmaceutical company Specialised Therapeutics Asia Pte Ltd (ST Asia) will seek regulatory approvals for novel multiple myeloma drug Aplidin® (plitidepsin) following the release of positive results in a ...

Fosun: Profit from Insurance Business Grew Rapidly; Two-thirds of Assets Belong to Wealth, Health and Happiness Businesses

2016-03-31 16:37 5151

HONG KONG, March 31, 2016 /PRNewswire/ -- Fosun International Limited (which, together with its subsidiaries, collectively referred to as "Fosun" or the "Group", SEHK stock code: 00656) today announced its annual results for 2015. As at31 December 2015, Fosun's total assets amounted to RMB405.3 b...

Asia Leads the World in Cloud Readiness Index 2016: Asia Cloud Computing Association

2016-03-31 15:12 3807

SINGAPORE, March 31, 2016 /PRNewswire/ -- Asian countries top the new Cloud Readiness Index (CRI) 2016 released by the Asia Cloud Computing Association (ACCA). The CRI placesHong Kong, Singapore, New Zealand and Australia above markets such asGermany, the United Kingdom (UK) and the United ...

Virgin Hotels Announces New Vice President of Development

2016-03-31 14:00 3715

MIAMI, March 31, 2016 /PRNewswire/ -- Virgin Hotels , the lifestyle hotel brand by Richard Branson, welcomesAlex Andjel as the new Vice President of Development.  Andjel, who is located inLondon, will oversee the brand's expansion into Europe. Photo - http:...

Cryoviva Bags Frost & Sullivan Thailand Stem Cell Company of the Year Award for Second Year in a Row

2016-03-31 12:00 4269

BANGKOK, March 31, 2016 /PRNewswire/ -- Cryoviva Thailand has been honored with the Frost & Sullivan Thailand Stem Cell Company of the Year award for the second consecutive years. The award was presented to Cryoviva Thailand at the 2016 Frost & Sullivan Thailand Excellence Awards ceremony held a...

Tiangong International Announces 2015 Annual Results

2016-03-31 10:07 4574

HONG KONG, March 31, 2016 /PRNewswire/ -- Financial Highlights - 2015 Group revenue decreased 24.4% y-o-y to RMB3,429 million; - Titanium alloy segment grew quickly, with a significant increase in revenue up 30.6% y-o-y to RMB173 million, accounting of total revenue increased from 2.9% to 5.1%...

Penta Security Certified by ICSA Labs for Web Application Firewall, WAPPLES

2016-03-31 08:00 3507

SEOUL, Korea, March 31, 2016 /PRNewswire/ -- Penta Security Systems, Inc. announced that its Web Application Firewall (WAF), WAPPLES, has become the first WAF in the Republic of Korea to receive ICSA Labs Web Application Firewall Certification. Penta Security's...

Fuling Global Inc. Reports Fiscal Year 2015 Financial Results

2016-03-31 05:25 2462

ALLENTOWN, Pa., March 30, 2016 /PRNewswire/ -- Fuling Global Inc. (NASDAQ: FORK) ("Fuling Global" or the "Company"), a specialized producer and distributor of environmentally-friendly plastic serviceware, with precision manufacturing facilities in both the U.S. and China, today announced its financi...

Circum Appoints Morgan Stanley to conduct a Strategic Review and Optimizes Feasibility Study

2016-03-31 03:47 5040

LONDON, March 31, 2016 /PRNewswire/ -- Circum Minerals Ltd. ("Circum" or the "Company") today announced the results of the Optimized Definitive Feasibility Study ("Optimized DFS") for its potash project in the Danakil Basin inEthiopia (the "Danakil Project"). The Optimized DFS improves a number o...

Jebsen Group Reports 2015 Results

2016-03-31 01:04 7767

HONG KONG, March 31, 2016 /PRNewswire/ -- Jebsen Group (Jebsen), a regional leader in marketing and distribution of premium products acrossGreater China, has announced today a turnover ofHK$ 14.7 billion (Approx. RMB$ 12.4 billion) in 2015. Despite the macroeconomic environment being impacted by ...

Ontario Teachers' Earns 13.0% Return for 2015

2016-03-30 22:00 4242

TORONTO, March 30, 2016 /PRNewswire/ -- Ontario Teachers' Pension Plan (Ontario Teachers') today announced a rate of return on investments of 13.0% for the year endedDecember 31, 2015, resulting in an increase in net assets to a record $171.4 billion from $154.5 billion at the end of 2014.

NetDragon Announces Fourth Quarter and Fiscal Year 2015 Financial Results

2016-03-30 21:48 5747

HONG KONG, March 30, 2016 /PRNewswire/ -- NetDragon Websoft Inc. ("NetDragon" or "the Company") (Hong Kong Stock Code: 777), a global leader in building Internet communities, today announced its financial results for the fourth quarter and fiscal year endedDecember 31, 2015. NetDragon's managemen...

Consumer Electronics Account for 40% of B2B E-commerce Marketplace DHgate.com's Sales

2016-03-30 21:35 2114

BEIJING, March 30, 2016 /PRNewswire/ -- B2B e-commerce marketplace DHgate.com serves over 10 million buyers every year, with consumer electronics comprising 40% of total sales, making it DHgate.com's top product category in terms of sales volume. The growing demand for quality consumer electronics...

Closing of Zall Development's Strategic Investment in LightInTheBox and Appointment of New Directors

2016-03-30 21:20 2213

BEIJING, March 30, 2016 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global online retail company that delivers products directly to consumers around the world, today announced that Zall Cross-border E-commerce Investment Company Limited ("Zall E...

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