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ACN Newswire press release news - Recent Press Releases

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    Avails Cost Effective Solutions to Data Centers

    HONG KONG, Dec 1, 2017 - (ACN Newswire) - Leading high-technology enterprise O-Net Technologies (Group) Limited ("O-Net") (stock code: 877) and Semtech Corporation ("Semtech") (Nasdaq: SMTC) announced today that O-Net's SFP28 Active Optical Cable ("AOC") which is integrated with Semtech's 25Gbps Dual ClearEdgeTM CDR has marked a breakthrough to reach transmission distance of 400 meters OM4 fiber with RS-FEC and 300 meters without RS-FEC by passing multiple tests, once again demonstrating O-Net's pioneering position in the industry. SFP28 AOC (Part Number 1AT-LS6MxxXX-01A) is a 25G/28G transceiver which can accelerate data center and high-performance computing interconnections. This product commenced mass production in August 2017.

    To offer next generation computing connectivity, global web-scale data centers have a growing demand for high speed connectivity solutions that deliver the bandwidth and reach such data centers require. Current AOC solutions typically have a transmission distance of 100 meters per cable maximum. Leveraging O-Net's innovative transceiver design and durable low cost packaging technology as well as Semtech's 25G ClearEdgeTM CDR technology with integrated VCSEL compensation the GN2147, O-Net has achieved significant strides by developing the new SFP28 AOC which reaches up to 400 meters. O-Net's AOC transmits 25Gbps data over parallel multi-mode fiber cable and enables acceleration of storage, data and high-performance computing connectivity. Compared to conventional AOC, the technology can be more easily adopted in the new 100G AOC/SR 100G SWDM4 and 400GBASE-SR16 products series with a conventional VCSEL. Its extended reach feature plus its superior low-power consumption, means a cost effective and powerful cabling solution is accessible to data center operators and high performance computers.

    Mr. Austin Na, Chairman and CEO of O-Net, said, "We are very delighted to work with Semtech to develop the industry-breakthrough SFP28 AOC, that exceeds by far the transmission distance limitations of existing SFP28 AOC. Our dedication to developing innovative products has translated into synergies for our business as well as helped consolidate our leadership in developing optical networking components for next-generation data communications networking systems. We will seek to cooperate with more world-leading technology solution providers in the foreseeable future."

    Dr. Timothy Vang, Senior Director of Datacom Marketing for Semtech's Signal Integrity Products Group, said, "Semtech's comprehensive ClearEdgeTM CDR platform provides highly differentiated and innovative solutions to customers, which is an essential part of our long term commitment as an IC supplier to our customers in the optical market. We envisage that the SFP 25G AOC segment will become a critical building block for medium size data centers and we are well positioned to enable this market with a truly unique product."

    Product Information:
    GN2147 is a solution for SFP28 SR modules and AOCs that includes dual ClearEdge CDRs, integrated transimpedance amplifier (TIA) and VCSEL driver. Offered in a compact 1.7mm x 3.0mm bare die format, the transceiver consumes less than 400mW total power to enable highly differentiated module solutions. It uses proprietary VCSEL compensation technology to enable low-bandwidth VCSELs and extended reach beyond 150m OM3 fiber, and supports data rates from 24.0Gbps to 28.1Gbps to enable a wide range of applications.

    About O-Net Technologies (Group) Limited (Stock code: 877)
    O-Net Technologies (Group) Limited, with headquarter in Shenzhen, was listed on the Stock Exchange of Hong Kong Limited on 29 April 2010. It is a leading supplier of optical networking products to the global optical telecommunications and data-communications markets. To further strengthen the Group's leadership in the global technology industry, O-Net, along with 3SP and ITF, secures the supply of advanced laser chips and optical components in order to widen the Group's product range and improve its technologies through vertical integration. Riding on the Group's core optical networking technology platform, it has diversified from its core business to certain new businesses including automation, sensing and industrials, and has re-positioned its strategic focus from a sole telecom passive component supplier to a high technology leader with advanced products and solutions for cloud data centers, industrial laser, ADAS and consumer electronics markets with an aim to become a leading high-tech company.

    About Semtech Corporation
    Semtech Corporation is a leading supplier of high-performance analog and mixed-signal semiconductor platforms and advanced algorithms. We are dedicated to providing proprietary platforms, differentiated by innovation, size, efficiency, performance and reach. Our solutions are used in some of the most innovative systems and products in the fastest growing markets today. These markets include smartphones, LCD TVs, notebooks, tablets, smart grid, automotive, automatic meter reading, medical, wireless infrastructure, PON, Internet of Things, optical transport and datacenters. More than 5,000 customers worldwide rely on our diverse product portfolio and world class technology roadmap for solutions in low-power wireless communications, optical data transport, video broadcasting, power management, circuit protection, touch sensing, and more, making Semtech one of the most balanced semiconductor companies in the industry.

    Media enquiries:
    Strategic Financial Relations Limited
    Maggie Au +852 2864 4815 maggie.au@sprg.com.hk
    Isabel Kwok +852 2864 4824 isabel.kwok@sprg.com.hk
    Nelda Lai +852 2114 4903 nelda.lai@sprg.com.hk
    Fax: +852 2527 1196 / 2804 2789



    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Guest of Honour Mrs Carrie Lam, Chief Executive of The Hong Kong Special Administrative Region, congratulates HKIoD on its 20th Anniversary.
    Twelve well-deserved awardees and the council members of the HKIoD gather for a group photo.
    HONG KONG, Dec 1, 2017 - (ACN Newswire) - The Hong Kong Institute of Directors ("HKIoD") this evening held its 20th anniversary dinner at the Hong Kong Convention and Exhibition Centre to celebrate the 20th anniversary of both HKIoD and the Hong Kong Special Administrative Region. Twelve winners of Directors Of The Year Awards ("DYA") 2017 were announced and honoured during the anniversary dinner. The latest edition of the Awards centres on the theme "Belt and Road: Corporate Governance in Times of Opportunities", echoing the vision and farsightedness behind the "Belt and Road" initiative, which is one of the most significant development blueprints in the 21st century.

    The opening ceremony of the anniversary dinner was hosted by Mr Henry Lai, Chairman of The Hong Kong Institute of Directors, with Mrs Carrie Lam, Chief Executive of The Hong Kong Special Administrative Region as the guest of honour, who also delivered an opening speech.

    Mr Henry Lai, Chairman of The Hong Kong Institute of Directors, said, "Both HKIoD and the HKSAR Government were established in 1997, hence both have been celebrating their 20th anniversary this year. HKIoD was founded with the goal of advocating good corporate governance and setting up associated standards, as well as support the professional development of directors. In the past two decades, we have upheld our mission to safeguard Hong Kong as an international financial centre, while at the same time assisted in optimising the corporate governance regime so that it is in line with market changes. Over the past 20 years, the Chinese economy has played an important role in the global economy. The 'Belt and Road' initiative has greatly strengthened ties between different economies and facilitated in-depth market convergence, which has helped companies to develop a more extensive presence. We advise all directors to remember that they should adhere to the principles of good corporate governance as they steer their company towards rapid growth. They should also shoulder responsibility for setting higher standards that will lay a solid foundation for development of corporate governance in the coming two decades."

    Dr Kelvin Wong, Immediate Past Chairman of HKIoD and Chairman of 2017 Directors Awards Organising Committee, said, "Firstly, I would like to congratulate all of the winning companies and directors. Via the 'Belt and Road' initiative, significant momentum has been gathered across different areas. The winners, through their strong belief and immense effort, have persisted in safeguarding corporate governance amid this macro environment. As our organisation enters its next 20-year period, we sincerely hope that Hong Kong enterprises will grow beyond geographical boundaries and elevate their business to new heights, as well as take up the responsibility of promoting Hong Kong's high-quality governance standards and the importance of corporate governance as a whole."

    Dr Carlye Tsui, CEO of HKIoD, said, "The Hong Kong economy is extremely external oriented. With the implementation of the 'Belt and Road' policy, companies are facing an increasingly complicated and ever-changing operating environment. Furthermore, with board members coming from diverse backgrounds, their criteria and understanding of practices and concepts pertaining to corporate governance will differ. As such, when we design training courses, we pay particular attention to content and see whether it can cater for the different needs of stakeholders so as to ensure that corporate governance and directors' practices align with global trends."

    The winners of the DYA 2017 in the various award categories are listed below.

    Listed Companies (SEHK - Hang Seng Indexes Constituents)
    Executive Director: Mr Leong Kwok Kuen, Lincoln JP; Chief Executive Officer, MTR Corporation Limited
    Executive Director: Mr Ma Wing Kai William; Group Managing Director, Kerry Logistics Network Limited
    Non-Executive Director: Mr Nicholas Charles Allen; Chairman, Independent Non-Executive Director, Link Asset Management Limited
    Board: Board of Directors, Kerry Logistics Network Limited
    Board: Board of Directors, Link Asset Management Limited
    In addition: Recognition of Excellence in Board Diversity

    Listed Companies (SEHK - Non Hang Seng Indexes Constituents)
    Executive Director: Mr Alexander Anthony Arena; Executive Director and Group Managing Director, HKT Limited
    Executive Director: Mr Chen Shuang JP; Executive Director & Chief Executive Officer, China Everbright Limited
    Board: Board of Directors, ASM Pacific Technology Limited

    Private Companies
    Executive Director: Mr Ho Lik Chi Nicholas; Deputy Managing Director, hpa
    Executive Director: Mr Andrew Keith; Chief Operating Officer, Deacons
    Executive Director: Mr Mark Whitehead; Chief Executive, Hong Kong Air Cargo Terminals Limited

    Statutory/Non-profit-distributing Organisations
    Board: Board of Directors, Hong Kong Squash

    *In alphabetical order of names within category

    About Directors Of The Year Awards
    First launched in 2001, Directors Of The Year Awards were the first ever such Awards organised in Asia. The project has now become an annual project of impact in the community. The objectives are to recognise directors and board of directors for outstanding director practices and corporate governance, to publicise the significance of good corporate governance and to promote awareness of good corporate governance and director professionalism in Hong Kong. Nominations are open to the public. As good corporate governance is vital to all types of organisations, and professional director practices are encouraged from directors in all board roles, the Awards recognise excellence in categories by company types, including listed companies, private companies and statutory/non-profit-distributing organisations, and categories by roles, including Executive Directors, Non-Executive Directors and Boards. For more details on the previous years' Awards, please visit http://www.hkiod.com/dya-awardees.html

    About The Hong Kong Institute of Directors
    The Hong Kong Institute of Directors is Hong Kong's premier body representing directors to foster the long-term success of companies through advocacy and standards-setting in corporate governance and professional development for directors. A non-profit-distributing organisation with membership consisting of directors from listed and non-listed companies, HKIoD is committed to providing directors with educational programmes and information service and establishing an influential voice in representing directors. With international perspectives and a multi-cultural environment, HKIoD conducts business in biliteracy and trilingualism. Website: http://www.hkiod.com.

    Media Enquiries:
    Strategic Public Relations Group Limited
    Eveline Wan +852 2864 4822 eveline.wan@sprg.com.hk
    Brenda Chan +852 2114 4396 brenda.chan@sprg.com.hk
    Chak Yau +852 2114 4395 chak.yau@sprg.com.hk

    Directors Of The Year Awards 2017 Enquiries:
    The Hong Kong Institute of Directors
    Odessa SO +852 2889 4988 odessa.so@hkiod.com
    Susan LING +852 2889 9986 susan.ling@hkiod.com



    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Aims to Expand Operating Areas with its Brand Loyalty and Increase Non-Oil Revenue

    BANGKOK, Dec 1, 2017 - (ACN Newswire) - PTG Energy PCL (SET:PTG) President and Chief Executive Officer, Mr. Pitak Ratchakitprakarn discusses the company's strategy and outlook in The Executive Talk (TET) by ShareInvestor.com.

    TET: How many stations does PTG have today and how has the business been performing?

    Today, we have 1,609 stations and are continuing to expand at a rate of 300 to 350 stations per year. Currently we are forecasting that our sales volume will increase by 20% this year. The volume has increased as a result of both the increase in number of stations and the increase in customer base. In the past, the mix between diesel and gasoline was 75% and 25% respectively, but every year the gasoline portion increases by 1% as a result of new customers, specifically passenger cars, and today it is 72% and 28% respectively.

    Importantly, it is with our PT Max Card that we can ensure we will deliver value to our customers throughout all of our services. Today we have just over 7 million members, increasing at a rate of 2 million new members per year, and we ensure that the service to PT Max Card members is consistent throughout all of PTG's businesses.

    The majority of our stations are Company Owned Company Operated (COCO) instead of Dealer Owned Dealer Operated (DODO). We prefer the COCO model because then we are fully integrated and are able to control the quality and the standard of both the products and the services that are offered at each station. Also, we can attain a higher marketing margin with the COCO model and ensure that we are able to provide the full benefits of PT Max Card to all our members.

    TET: PTG has expanded into several non-fuel businesses such as Punthai Coffee, Coffee World, Autobacs, Pro Truck, and Renewable Energy. Could you explain the reasons behind the expansions into each segment and the impact it will have upon your business/group?

    By 2022, we want the non-oil businesses to represent 60% of our total net profit and these are the initial steps to achieve this target.

    Firstly, our existing non-oil services include the logistics business, convenience stores under the brand Max Mart, and food and beverage under Punthai Coffee and Coffee World. The logistic business includes our depots and fuel logistics which are to serve the expansion of the stations and to ensure that our inventory days remain low. For Max Mart, we have 2,000 to 3,000 SKUs available for customers to purchase at our convenience stores. For food and beverage business, we want to start with Punthai Coffee.

    We have been opening outlets throughout our stations nationwide and thus far it has been a good success story for us with same store sales growing 25% annually. As the majority of our stations are located outside of Bangkok, PT station customer base are considered to be in the B and lower consumer category.

    On the other hand, the latest acquisition of GFA Corporation, which operates 100 branches under Coffee World, Cream & Fudge and the restaurant chain; Coffee World Restaurant, New York 5th Avenue Deli, and Thai Chef Express, enlarges our A and B level customer base.

    Regarding auto care service business, we have created a partnership with Japan's Autobacs Seven Co to expand to 240 car maintenance outlets within five years and recently opened our first truck maintenance service in Thailand with Sammitr Motors Manufacturing to provide comprehensive service and maintenance centers for trucks at PT stations. The aim is to expand to 100 branches in five years.

    We also just launched the first rest area to accommodate truck and car users in Thailand under Max Camp. This project started from the intention to raise truck drivers' standard of living and to reduce auto accidents that occur from long-distance driving. The Government also plans to develop 41 rest areas on key routes throughout the country which we will expand accordingly.

    Finally, renewable energy businesses include the first Palm Oil Complex plant and the first Ethanol production from cassava pulp in Thailand. 450K Biodiesel and 200K ethanol will be used to mix with Diesel and Gasoline, respectively. These projects are to support demand growth of PTG as we expand continuously. Furthermore, the Palm Oil Complex plant will begin its test run and then be fully operational in the beginning of 2018.

    TET: What differentiates PTG from its competitors?

    PT Max Card membership is important to us. We forecast that by the end of this year we will reach 7.6 million members and by 2022 we are targeting 18 million members. One card represents one family in Thailand, and 18 million members means 78% of households in the country that will be on our PTG's Eco-system.

    To reach the target, we ensure that new members can register within 5 minutes at any of our 2,000 touch points. Because we are expanding and operating more stations than others in the market, there will be more locations for our members to use their PT Max cards.

    Our members will be able to use PT Max Card at our PT petrol stations, Max Marts, food and beverage outlets, automotive service centers, and potentially several other services in the future, which link together under PT umbrella Points received from using PT Max card at our network and can be redeemed to obtain privileges rewards. This is the power of network that we have been able to create.

    With our stations, by 2022 we plan to have 4,000 stations throughout the country. I do not know of any other business that has 4,000 locations with two to seven rai of space with parking. Thailand has 77 provinces, 936 amphurs, 7,300 tambons, so every 1.8 tambons will have 1 PT station.

    As Thailand continues to become more urbanized, our locations, which today provide gas, coffee, food, maintenance services, may in the future provide logistics service and perhaps several other types of services. Again, this is what we call the power of our network.

    TET: Recently, the majority of PTG's stations are located in the upcountry. Will the company look to expand more into the Bangkok area?

    In 72 out of 77 provinces in Thailand, it is believed that by using our fuel they will be able to drive further and faster. The evidence of this brand loyalty has been seen in the sales volume growth in our stations.

    For example, our station at Khao Yoi, when we first opened, the station was selling 400,000 litres per month and then competitors began to expand near our location which created a concern at first, but because of the PT Max Card and the brand loyalty, the station today is selling 1.8 million litres per month.

    However, the rest of the provinces in Thailand, including Bangkok, Nonthaburi, Pathum Thani, and Samut Prakan, represent 32% of the total volume in Thailand. With the awareness of brand loyalty, we are going to expand more into inner and outer Bangkok and this will allow us to capture more of the market share and more PT Max Card members.

    TET: What are the biggest risks facing your business?

    We always tell our investors that the marketing margin is the only uncontrollable factor in oil business. In Thailand, when crude oil prices move, the domestic prices are typically adjusted within five days although there are periods when the adjustment may take longer. However, we are taking steps to minimize the risks by managing our own logistics network. Therefore, we are able to decrease our inventory days to be less than five days during the periods of crude oil price volatility. We are also expanding our non-oil businesses to reduce this risk.

    TET: Where do you see PTG in five years from now?

    Our long-term plan for the company is to continue to grow and become the top 10 listed companies in market capitalization on the Stock Exchange of Thailand. We aim to achieve 4,000 touchpoints by 2022 and that the majority of the net profit will come from non-oil business, representing 60% of our total net income. Our annual plan is to have two to three new businesses that will complement our existing and future networks to better serve our members nationwide. Our goal is to strengthen business growth and returns by applying best practices in good corporate governance, and considering our stakeholders' needs continuously.

    About The Executive Talk Interview Series

    The Executive Talk Interview Series is presented by ShareInvestor, Asia's leading financial internet media and technology company, the largest investor relations network in the region. Please visit www.ShareInvestorThailand.com. For more information, email admin.th@shareinvestor.com.

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Cloud-based, WiFi- and biometric access-enabled IntelliPAD launches new era for test-taking

    SINGAPORE, Dec 1, 2017 - (ACN Newswire) - Mindlogicx Singapore Pte Ltd ("Mindlogicx") has launched the world's first anti-fraud device-based solution at the Ritz Carlton Singapore; a fool proof and tamper-proof e-ink device that will enable exam administrators to conduct high-stakes tests using biometric and encryption technologies.

    Dubbed IntelliPAD, the device's release comes amid a global rise in exam malpractice; such as question paper leakage, candidate impersonation and other illegal means of obtaining question papers for personal use or resale. The mounting pressure on examination boards has led to calls for tighter surveillance and security on exam production and delivery.

    IntelliPAD will address the above issues by delivering individual question papers to the right candidate at a set time, using candidates' biometric authentication. The six-inch e-ink device securely obtains the question paper and other relevant data from a family of interconnected devices linked to KenCLOUD, a private cloud-based service offered by Mindlogicx. The whole process is done with minimal human intervention.

    IntelliPAD works with the KenCLOUD-powered connected devices, such as IntelliSYS and IntelliSENSE, by securely mapping data. It prevents impersonation and exam centre hijacking by establishing a geofencing zone, as well as marking attendance automatically and auto-destructing the question paper once the exam is complete.

    The user-friendly ecosystem also encourages users to go green by completely eliminating the need to print question papers. Each device will create and operate its own private network and communicate with other linked devices to deliver question papers, and does not require an internet connection to do so. This enables exams to be conducted in urban and rural exam centres alike. The devices also have built-in security features that prevent tampering of any kind.

    The IntelliEXAMS software, which is integrated with the IntelliPAD ecosystem, offers functions that span the entire assessment cycle; from candidate registration, fee management and ticket generation to the digitisation of handwritten answer scripts, on-screen evaluation and result processing. It has serviced more than 3.6 million students to date, with over 28.68 million question papers delivered.

    Mr Suresh Elangovan, CEO of Mindlogicx, said: "Top universities and professional certification providers have seen an epidemic of exam fraud in recent years. We are pleased to have pioneered the world's first device-centric solution to this phenomenon, and believe this heralds a new era in education and test-taking."

    Mindlogicx is setting up a global technology delivery centre, called MNOC, in Singapore this month. The office will employ about 60 staff, of which about 50 are local, and will serve as a global delivery and R&D centre.

    "Singapore is not only highly regarded as a financial and technological hub but also represents a gateway to the fast-growing Southeast Asian market, which will serve as the ideal launchpad for our global rollout," Mr Elangovan added.

    ABOUT MINDLOGICX

    Mindlogicx (www.mindlogicx.com) is a global knowledge engineering and technology delivery company. The company offers best of its class technology products and solutions for knowledge management, skills enhancement, e-commerce framework through an intelligent social connect platform encompassing all the stake holders -- tightly integrated and interwoven as the single largest technology platform known as VEDAS. Under this platform, the company offers the following solution verticals:
    - Examination Management System (EMS) for hassle free high-stake examination automation
    - Knowledge Management System (KMS) for promoting graduates as "knowledge workers" and enable them to become "Job Ready"
    - Certificate Authentication System (iCAS) ensures that the certificates issued by the board / education institutions are authenticated globally.

    Media Relations Contact Information
    WeR1 Consultants Pte Ltd
    Asha C. Devi - ashadevi@wer1.net
    Tel: +6016 255 7931

    MindLogicx
    Debdutta Banerjee - debdutta@mindlogicx.com
    Tel: +91 9874278898

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Guest of Honour Mrs Carrie Lam, Chief Executive of The Hong Kong Special Administrative Region, congratulates HKIoD on its 20th Anniversary.
    Twelve well-deserved awardees and the council members of the HKIoD gather for a group photo.
    HONG KONG, Dec 1, 2017 - (ACN Newswire) - The Hong Kong Institute of Directors ("HKIoD") this evening held its 20th anniversary dinner at the Hong Kong Convention and Exhibition Centre to celebrate the 20th anniversary of both HKIoD and the Hong Kong Special Administrative Region. Twelve winners of Directors Of The Year Awards ("DYA") 2017 were announced and honoured during the anniversary dinner. The latest edition of the Awards centres on the theme "Belt and Road: Corporate Governance in Times of Opportunities", echoing the vision and farsightedness behind the "Belt and Road" initiative, which is one of the most significant development blueprints in the 21st century.

    The opening ceremony of the anniversary dinner was hosted by Mr Henry Lai, Chairman of The Hong Kong Institute of Directors, with Mrs Carrie Lam, Chief Executive of The Hong Kong Special Administrative Region as the guest of honour, who also delivered an opening speech.

    Mr Henry Lai, Chairman of The Hong Kong Institute of Directors, said, "Both HKIoD and the HKSAR Government were established in 1997, hence both have been celebrating their 20th anniversary this year. HKIoD was founded with the goal of advocating good corporate governance and setting up associated standards, as well as support the professional development of directors. In the past two decades, we have upheld our mission to safeguard Hong Kong as an international financial centre, while at the same time assisted in optimising the corporate governance regime so that it is in line with market changes. Over the past 20 years, the Chinese economy has played an important role in the global economy. The 'Belt and Road' initiative has greatly strengthened ties between different economies and facilitated in-depth market convergence, which has helped companies to develop a more extensive presence. We advise all directors to remember that they should adhere to the principles of good corporate governance as they steer their company towards rapid growth. They should also shoulder responsibility for setting higher standards that will lay a solid foundation for development of corporate governance in the coming two decades."

    Dr Kelvin Wong, Immediate Past Chairman of HKIoD and Chairman of 2017 Directors Awards Organising Committee, said, "Firstly, I would like to congratulate all of the winning companies and directors. Via the 'Belt and Road' initiative, significant momentum has been gathered across different areas. The winners, through their strong belief and immense effort, have persisted in safeguarding corporate governance amid this macro environment. As our organisation enters its next 20-year period, we sincerely hope that Hong Kong enterprises will grow beyond geographical boundaries and elevate their business to new heights, as well as take up the responsibility of promoting Hong Kong's high-quality governance standards and the importance of corporate governance as a whole."

    Dr Carlye Tsui, CEO of HKIoD, said, "The Hong Kong economy is extremely external oriented. With the implementation of the 'Belt and Road' policy, companies are facing an increasingly complicated and ever-changing operating environment. Furthermore, with board members coming from diverse backgrounds, their criteria and understanding of practices and concepts pertaining to corporate governance will differ. As such, when we design training courses, we pay particular attention to content and see whether it can cater for the different needs of stakeholders so as to ensure that corporate governance and directors' practices align with global trends."

    The winners of the DYA 2017 in the various award categories are listed below.

    Listed Companies (SEHK - Hang Seng Indexes Constituents)
    Executive Director: Mr Leong Kwok Kuen, Lincoln JP; Chief Executive Officer, MTR Corporation Limited
    Executive Director: Mr Ma Wing Kai William; Group Managing Director, Kerry Logistics Network Limited
    Non-Executive Director: Mr Nicholas Charles Allen; Chairman, Independent Non-Executive Director, Link Asset Management Limited
    Board: Board of Directors, Kerry Logistics Network Limited
    Board: Board of Directors, Link Asset Management Limited
    In addition: Recognition of Excellence in Board Diversity

    Listed Companies (SEHK - Non Hang Seng Indexes Constituents)
    Executive Director: Mr Alexander Anthony Arena; Executive Director and Group Managing Director, HKT Limited
    Executive Director: Mr Chen Shuang JP; Executive Director & Chief Executive Officer, China Everbright Limited
    Board: Board of Directors, ASM Pacific Technology Limited

    Private Companies
    Executive Director: Mr Ho Lik Chi Nicholas; Deputy Managing Director, hpa
    Executive Director: Mr Andrew Keith; Chief Operating Officer, Deacons
    Executive Director: Mr Mark Whitehead; Chief Executive, Hong Kong Air Cargo Terminals Limited

    Statutory/Non-profit-distributing Organisations
    Board: Board of Directors, Hong Kong Squash

    *In alphabetical order of names within category

    About Directors Of The Year Awards
    First launched in 2001, Directors Of The Year Awards were the first ever such Awards organised in Asia. The project has now become an annual project of impact in the community. The objectives are to recognise directors and board of directors for outstanding director practices and corporate governance, to publicise the significance of good corporate governance and to promote awareness of good corporate governance and director professionalism in Hong Kong. Nominations are open to the public. As good corporate governance is vital to all types of organisations, and professional director practices are encouraged from directors in all board roles, the Awards recognise excellence in categories by company types, including listed companies, private companies and statutory/non-profit-distributing organisations, and categories by roles, including Executive Directors, Non-Executive Directors and Boards. For more details on the previous years' Awards, please visit http://www.hkiod.com/dya-awardees.html

    About The Hong Kong Institute of Directors
    The Hong Kong Institute of Directors is Hong Kong's premier body representing directors to foster the long-term success of companies through advocacy and standards-setting in corporate governance and professional development for directors. A non-profit-distributing organisation with membership consisting of directors from listed and non-listed companies, HKIoD is committed to providing directors with educational programmes and information service and establishing an influential voice in representing directors. With international perspectives and a multi-cultural environment, HKIoD conducts business in biliteracy and trilingualism. Website: http://www.hkiod.com.

    Media Enquiries:
    Strategic Public Relations Group Limited
    Eveline Wan +852 2864 4822 eveline.wan@sprg.com.hk
    Brenda Chan +852 2114 4396 brenda.chan@sprg.com.hk
    Chak Yau +852 2114 4395 chak.yau@sprg.com.hk

    Directors Of The Year Awards 2017 Enquiries:
    The Hong Kong Institute of Directors
    Odessa SO +852 2889 4988 odessa.so@hkiod.com
    Susan LING +852 2889 9986 susan.ling@hkiod.com


    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    TOKYO, Dec 4, 2017 - (JCN Newswire) - Fujitsu today announced that Japan's Ministry of the Environment has honored the company's multi-node Fujitsu Server PRIMERGY CX600 M1 with the Environment Minister's Award for Global Warming Prevention Activity in the Technological Development and Commercialization category. This award is in recognition of the fact that the "hot water cooling" technology available on the PRIMERGY CX600 M1 reduces TCO(1) and power consumption throughout the system, contributing to a reduction in CO2 emissions.

    Fujitsu will continue to develop highly energy-efficient products, contributing its efforts to alleviate climate change through its business activities.

    About the Environment Minister's Award for Global Warming Prevention Activity

    The Environment Minister's Award for Global Warming Prevention Activity has been bestowed by the Ministry of the Environment since 1998, as part of its efforts to promote global warming countermeasures, recognizing organizations and individuals which have made a notable contribution to the prevention of global warming.

    About PRIMERGY CX600 M1

    The PRIMERGY CX600 M1 water-cooled model employs a "hot water cooling" technology that relies on external air to lower the temperature of the coolant water circulated within the server. This model cools CPUs by using a water cooling pump inside the server, which can cut the number of fan rotations needed for cooling, reducing server power consumption. In addition, the heat removed from the server along with the coolant water is exchanged in a cooling distribution unit (CDU)(2) connected to the rack holding the servers, and cooling towers installed outside the facility enable cooling with less air conditioning equipment. This reduces TCO and power consumption by the system as a whole, contributing to lower CO2 emissions.

    Installation Diagram
    http://www.acnnewswire.com/topimg/Low_FujitsuPRIMERGYCX600M1.jpg

    (1) TCO
    Total cost of ownership. Includes not just the cost to install the system, but also the cost to operate and maintain it.
    (2) CDU
    Cooling distribution unit. This unit circulates the coolant water from the water cooling pumps within the servers to the cooling towers, while also conducting heat exchange within the CDU itself.

    About Fujitsu Ltd

    Fujitsu is the leading Japanese information and communication technology (ICT) company, offering a full range of technology products, solutions, and services. Approximately 155,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.5 trillion yen (US$40 billion) for the fiscal year ended March 31, 2017. For more information, please see http://www.fujitsu.com.

    * Please see this press release, with images, at:
    http://www.fujitsu.com/global/about/resources/news/press-releases/

    Contact:
    Fujitsu Limited Public and Investor Relations Tel: +81-3-6252-2176 URL: www.fujitsu.com/global/news/contacts/

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    On-site data can be directly transmitted to the cloud across several kilometers just by placing an 82x24x6 mm miniature sensor

    TOKYO, Dec 4, 2017 - (JCN Newswire) - Fujitsu Laboratories Ltd. today announced development of the world's smallest sensor that eliminates the need to replace batteries. The new sensor supports Low Power Wide Area (LPWA) wireless transmission technology that can reach a broad area with low power.

    As the spread of IoT systems gains momentum, expectations are rising for sensor devices that support LPWA technology, which can wirelessly transmit sensor information directly to the cloud. In order to create systems that employ this technology, there has been a demand for the development of easy-to-install miniature devices using solar cells to achieve both convenience and low cost, which dispense with the need to replace batteries.

    Fujitsu Laboratories previously developed power control technology(1) that can operate a beacon with the power provided just by a solar cell. Conventionally, power output variation of solar cells due to temperature had been tolerated by enlarging the size of energy storage elements. Now, however, Fujitsu Laboratories has developed technology that achieves high power efficiency by controlling signal transmission timing based on the temperature variation measured by a temperature sensor, which makes it possible to reduce the required energy storage elements for signal transmission by half. This has enabled Fujitsu Laboratories to successfully miniaturize the device to a size of 82x24x6 mm, creating the world's smallest sensor device supporting LPWA that does not need replacement batteries.

    In a test of the sensor device using this technology, Fujitsu Laboratories confirmed that the collected temperature and humidity data can be transmitted to a Sigfox(2) base station over a distance of about 7 km. Since it is now possible to acquire measured data even from locations where it is difficult to secure power and install power cables just by placing these sensor devices, the maintenance-free deployment and management of IoT systems has become a reality, accelerating the process of on-site digitalization.

    Development Background

    The spread of IoT systems has progressed in recent years, and it is predicted that by 2020, several tens of billions of IoT devices will be connected to the cloud through networks. In IoT systems, information collected from multiple sensors installed in the field, need to be transmitted to and analyzed on the cloud, and LPWA has been gaining attention as a wireless technology that can directly transmit data to the cloud with low power consumption across a wide area. From a convenience and cost standpoint there are high hopes for miniaturization, which not only meets the LPWA standards, while utilizing solar cells that eliminate the need for replacement.

    Issues

    Fujitsu Laboratories has previously developed power control technology using miniature circuits that can transmit data over short distances wirelessly using Bluetooth Low Energy (BLE). This technology realizes sensor devices that support BLE without the need to exchange batteries, providing power with solar cells, and reliably activating a wireless circuit by monitoring and adjusting the balance between power generation and consumption.

    Sensor devices using this previous technology, however, could not support LPWA. That's because the time required for transmission with LPWA is significantly longer than with BLE. LPWA transmits small amounts of data slowly in order to ensure signal quality over long distances. In effect, this means that a single transmission can require significant power usage of up to about 1,500 times of BLE.

    About the Newly Developed Technology

    Now, Fujitsu Laboratories has developed new power control technology to ensure transmission power while minimizing circuit size. This technology's advantages are as follows.

    1. Power control technology that permits power variations with temperature

    Fujitsu Laboratories has developed power control technology that can control the timing of LPWA signal transmissions in real time, based on temperature data collected from a temperature sensor. With this technology signal transmissions are only carried out at the time when the activation voltage, which varies with temperature, is maximized in order to prevent it from falling below the minimum operational voltage for LPWA module. By using power efficiently in this way, it is possible to tolerate variation in power consumed by the wireless circuit or power generated by solar cells due to temperature. This eliminates the need for the excess energy storage elements that were previously necessary to respond to power fluctuations, enabling miniaturization of the sensor device with the smallest power storage elements required.

    2. Power monitoring technology that reliably activates the temperature sensor

    In order for the power control technology to operate reliably, the device must be able to continually and reliably activate the temperature sensor with a small amount of power. To resolve this challenge, Fujitsu Laboratories has developed power monitoring technology that analyzes voltage changes in power source, and accurately judges whether or not sufficient power has been stored to operate the temperature sensor. This technology can prevent unnecessary shutdowns of the temperature sensor by using the minimum amount of power based on the temperature.

    Effects

    This technology was implemented using Sigfox, an LPWA standard, creating the world's smallest sensor device (82x24x6 mm) supporting LPWA communications without the need to replace batteries. Fujitsu Laboratories verified that temperature and humidity data could be transmitted once every ten minutes, over seven days directly to a base station about 7 km away, in an environment with illumination of 4,000 lux. Fujitsu Laboratories also verified that the data could be visualized through the Fujitsu Cloud Service K5 IoT Platform, Fujitsu Limited's IoT data utilization platform service, which has received Sigfox Ready Program for IoT PaaS certification as an IoT platform that connects to the Sigfox cloud.

    This means that sensor data can easily be acquired in the cloud just by setting sensor devices, even in places where it is difficult to secure power or install power cables. This will enable maintenance-free installation and management of IoT systems, accelerating the process of digitalization in the field.

    Future Plans

    Fujitsu Laboratories will continue to conduct field trials aimed at the real-world use of these sensor devices, incorporating this technology into the Fujitsu Cloud Service K5 IoT Platform and Fujitsu Frontech Limited's sensor solutions as connected devices, with the goal of commercialization in fiscal 2018. Furthermore, we will continue to develop technologies to miniaturize sensor devices.

    Comment from Yoshihito Kurose, President, KYOCERA Communication Systems Co., Ltd. (KCCS)

    As the utilization of IoT is expected to continually increase, KCCS predicts that solutions utilizing the low power consumption feature of the Sigfox network will be developed in a variety of industries. KCCS believes that Fujitsu Laboratories Ltd.'s development of a sensor device, which does not require battery charging by way that device operation is enabled by a solar battery, will promote the use of Sigfox not only in Japan but around the world. As the Sigfox Operator in Japan, KCCS is working with Fujitsu Laboratories Ltd. and other partners to enable everything to be connected to the Sigfox network and is contributing to the creation of a safe and pleasant society.

    (1) Developed power control technology
    Fujitsu Develops Industry's First Flexible IoT-Supporting Beacon That Needs No Battery Replacement (press release, March 25, 2015)
    (2) Sigfox
    A global IoT network using LPWA provided by Sigfox, a company established in France in 2009. KYOCERA Communication Systems Co., Ltd. is the sole network service provider in Japan.

    About Fujitsu Laboratories

    Founded in 1968 as a wholly owned subsidiary of Fujitsu Limited, Fujitsu Laboratories Ltd. is one of the premier research centers in the world. With a global network of laboratories in Japan, China, the United States and Europe, the organization conducts a wide range of basic and applied research in the areas of Next-generation Services, Computer Servers, Networks, Electronic Devices and Advanced Materials. For more information, please see: http://www.fujitsu.com/jp/group/labs/en/.

    About Fujitsu Ltd

    Fujitsu is the leading Japanese information and communication technology (ICT) company, offering a full range of technology products, solutions, and services. Approximately 155,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE: 6702) reported consolidated revenues of 4.5 trillion yen (US$40 billion) for the fiscal year ended March 31, 2017. For more information, please see http://www.fujitsu.com.

    * Please see this press release, with images, at:
    http://www.fujitsu.com/global/about/resources/news/press-releases/

    Contact:
    Fujitsu Laboratories Ltd. IoT Systems Laboratory E-mail: lpwa-sense@ml.labs.fujitsu.com Fujitsu Limited Public and Investor Relations Tel: +81-3-6252-2176 URL: www.fujitsu.com/global/news/contacts/

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    TOKYO, Dec 4, 2017 - (JCN Newswire) - Showa Denko ("SDK"; TSE:4004) decided at its board meeting today on changes in corporate management.

    Akiyoshi Morita will resign as Outside Director at the General Meeting of Shareholders in late March 2018. Kiyoshi Nishioka (Adviser, Research Center for Advanced Science and Technology, The University of Tokyo) will be elected Director at the same General Meeting of Shareholders, and take office on the day of the General Meeting of Shareholders.

    Akira Koinuma will resign as Audit & Supervisory Board Member at the General Meeting of Shareholders in late March 2018. Yukio Obara, Outside Member of the Audit & Supervisory Board, will also resign at the same General Meeting of Shareholders. Meanwhile, Tetsu Moriki (Senior Corporate Fellow, General Manager, Legal & Intellectual Property Department) will be elected Audit & Supervisory Board Member, and Setsu Onishi (Director, NS United Kaiun Kaisha, Ltd.) will be appointed Outside Member of the Audit & Supervisory Board.

    Robert C. Whitten (Assistant to President; Supervisor of the Carbons Business Integration Promotion Team) will resign as Corporate Officer effective December 31, 2017. He will be appointed Advisor to Showa Denko Carbon, Inc. on January 1, 2018. Tatsuharu Arai (General Manager, Petrochemicals Division; officer in charge of Oita Complex) will resign as Managing Corporate Officer effective January 3, 2018. He will become President of Union Showa K.K. on January 4.

    There will be the following changes in corporate officers' responsibilities as from January 4:

    Jun Tanaka (Managing Corporate Officer; Chief Technology Officer; officer in charge of Electronic Chemicals and Functional Chemicals divisions, Business Development Center, Isesaki and Tatsuo plants, and Corporate R&D Department) will additionally supervise Higashinagahara Plant. Takayuki Sato (General Manager of Electronics Materials Division and Manager of Power Semiconductor Project; officer in charge of Chichibu Plant) will concurrently serve as General Manager, Marketing Department, of Electronics Materials Division.

    Taichi Nagai (officer in charge of Production Technology, Energy & Electricity, and CSR departments as well as Chairman of Safety Measures Committee) will become General Manager of Production Technology Department and additionally supervise SPS Innovation Department. Koichi Nishimura (General Manager of Industrial Gases Division; officer in charge of Basic Chemicals Division as well as Kawasaki and Higashinagahara plants; President of Showa Denko Gas Products Co., Ltd.) will stop supervising Higashinagahara Plant. Toshiharu Kato (Chief Financial Officer; General Manager of Finance & Accounting Department; officer in charge of Information Systems Department) will resign as General Manager of Finance & Accounting Department, and become officer in charge of the department. Hiroshi Daio (General Manager of Ceramics Division; officer in charge of Yokohama and Shiojiri plants) will concurrently serve as Alumina Project Manager. Takuji Yamamoto (General Manager of Production Technology Department; officer in charge of SPS Innovation Department) will become Assistant to President in charge of AI Strategy Promotion.

    Furthermore, two new corporate officers will be appointed on January 4. They are Hirotsugu Fukuda (General Manager of Olefins Department, Petrochemicals Division) and Klaus Unterharnscheidt (President of SHOWA DENKO CARBON Holding GmbH). Fukuda will become General Manager of Petrochemicals Division and officer in charge of Oita Complex, while continuing to serve as General Manager of Olefins Department.

    Yoshiyuki Nishimura (Assistant to President in charge of market development for electronics and battery materials) and Tetsu Moriki will resign as Senior Corporate Fellows on January 3. Nishimura will become Counselor to Advanced Battery Materials Division. Moriki will become Assistant to President on January 4, before assuming the post of Audit & Supervisory Board Member in March.

    Hiroshi Uchida (General Manager of Uchida Laboratory, Institute for Advanced and Core Technology, Business Development Center) will resign as Corporate Fellow on January 3 and become Counselor to Business Development Center on January 4. Yoshikazu Sakamoto (General Manager of Aluminum Rolled Products Division) will resign as Corporate Fellow and become Advisor to Showa Denko Sakai Aluminum. Kenzo Hanawa (General Manager of Hanawa Laboratory, Institute for Advanced and Core Technology, Business Development Center) will resign as Corporate Fellow and become Counselor to Business Development Center. Masaharu Tochigi (Production Technology Department) will also resign as Corporate Fellow. He will become Counselor to Showa Aluminum Can Corporation on January 4, and Audit & Supervisory Board Member of the company in late March.

    Meanwhile, two new Corporate Fellows will be appointed on January 4. They are Nobuhide Ueyama (President of Tsurusaki Kyodo Doryoku K.K.) and Akiyoshi Kano (Legal & Intellectual Property Department). Ueyama will be appointed General Manager of Process Solution Center, Production Technology Department, and Kano will become General Manager of Legal & Intellectual Property Department.

    As of late March next year, the Board of Directors will consist of Hideo Ichikawa (Representative Director; Chairman of the Board), Kohei Morikawa (Representative Director; President and CEO); Jun Tanaka, Hidehito Takahashi, Keiichi Kamiguchi, and Toshiharu Kato (Directors); as well as Tomofumi Akiyama, Masaharu Oshima and Kiyoshi Nishioka (Outside Directors). In addition, Saburo Muto and Tetsu Moriki will serve as Audit & Supervisory Board Members, and Hiroyuki Tezuka, Kiyomi Saito, and Setsu Onishi as Outside Members of the Audit & Supervisory Board.

    About Showa Denko K.K.

    Showa Denko K.K. ("SDK"; TSE:4004, US:SHWDF) is a major manufacturer and marketer of chemical products serving a wide range of fields ranging from heavy industry to the electronic and computer industries. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial and high-performance gases and chemicals and high-purity gases and chemicals for the semiconductor industry, and the Inorganics Sector provides ceramics products such as alumina, abrasive, refractory and graphite electrodes and fine carbon products. Today, the Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high-bright LEDs and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, please visit www.sdk.co.jp/english/.

    Contact:
    Public Relations Office Phone: 81-3-5470-3235

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Google customers can use Gemalto's SafeNet Data Encryption Solutions to bring their own encryption keys to secure their sensitive data on the cloud

    AMSTERDAM, Dec 4, 2017 - (ACN Newswire) - Gemalto (Euronext NL0000400653 GTO), the world leader in digital security, today announced it is providing Google Cloud Platform customers with the ability to manage and maintain full control of their encryption keys on Google Cloud Platform. Gemalto's SafeNet Luna Hardware Security Module (HSM) and SafeNet KeySecure now both fully support Google Cloud's Customer-Supplied Encryption Key (CSEK) feature, meaning customers can generate, manage and bring their own encryption keys to protect data and workloads in Google Cloud Storage and Compute Engine.

    A recent study by 451 Research found a third of organizations currently work with four or more cloud vendors. The ability to control all data encryption and key management operations across all cloud services providers helps companies ensure they have total control of their encrypted data, enabling them to protect their most sensitive information and meet compliance mandates.

    "Many cloud service providers are offering variations of flexible key management such as bring-your-own-key (BYOK) and hold-your-own-key (HYOK). This is a big step in helping organizations leverage the growing number of cloud-based applications and services, while maintaining full control of their encryption keys across all of the cloud providers they use," said Todd Moore, senior vice president of encryption products at Gemalto.

    By integrating with Google's CSEK functionality, companies including those in highly regulated industries can use an on premise SafeNet Luna HSM to generate, manage and retain complete control of keys to secure sensitive data on Google Cloud Platform. Companies also have the choice to decide what level of key ownership and control is desired when migrating operations, workloads and data to Google Cloud Platform. Gemalto's SafeNet data encryption solutions make it easy to work across multiple clouds by centralizing encryption and key management allowing organizations to:

    - Gain visibility and control to consistently and effectively enforce security controls
    - Simplify monitoring and auditing of encryption and key management operations to demonstrate compliance with internal policies, industry standards like Payment Card Industry Data Security Standard (PCI-DSS) or HIPAA and government mandates like Europe's General Data Protection Regulation (GDPR)
    - Reduce the burden on IT to manage multiple security services across each cloud platform

    Product information:

    - Product Brief - SafeNet Luna HSM http://bit.ly/2upQfBD
    - Product Brief - SafeNet KeySecure http://bit.ly/2mWx3p9
    - Certifications http://bit.ly/2BGicH1
    - Technology partners https://safenet.gemalto.com/partners/technology-partners/

    Additional resources:

    - Webinar with 451 Research - Keys to Multi-cloud Security https://www.brighttalk.com/webcast/2037/234523
    - Webinar with 451 Research - 451 Research & Gemalto Present "Alphabet Soup: Deciphering Multi-Cloud Security (HYOK, BYOK, CSEK) https://www.brighttalk.com/webcast/2037/282267
    - Whitepaper: Own and Manage Your Encryption Keys http://bit.ly/2AS81lF
    - Google Cloud Platform Blog: Cloud KMS GA, new partners expand encryption options http://bit.ly/2AS81lF

    About Gemalto

    Gemalto (Euronext NL0000400653 GTO) is the global leader in digital security, with 2016 annual revenues of EUR 3.1 billion and customers in over 180 countries. We bring trust to an increasingly connected world.

    From secure software to biometrics and encryption, our technologies and services enable businesses and governments to authenticate identities and protect data so they stay safe and enable services in personal devices, connected objects, the cloud and in between.

    Gemalto's solutions are at the heart of modern life, from payment to enterprise security and the internet of things. We authenticate people, transactions and objects, encrypt data and create value for software - enabling our clients to deliver secure digital services for billions of individuals and things.

    Our 15,000+ employees operate out of 112 offices, 43 personalization and data centers, and 30 research and software development centers located in 48 countries.

    For more information visit www.gemalto.com, or follow @gemalto on Twitter.

    Gemalto media contacts:
    Tauri Cox
    North America
    +1 512 257 3916
    tauri.cox@gemalto.com

    Sophie Dombres
    Europe Middle East & Africa
    +33 4 42 55 36 57 38
    sophie.dombres@gemalto.com

    Jaslin Huang
    Asia Pacific
    +65 6317 3005
    jaslin.huang@gemalto.com

    Enriqueta Sedano
    Latin America
    +52 5521221422
    enriqueta.sedano@gemalto.com

    Press release (PDF): http://hugin.info/159293/R/2153627/827242.pdf

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Curated by renowned Italian architect Dario Curatolo, 130 Italian design-driven innovations will be showcased at the Italian pavilion themed "Italy Makes a Difference".
    The Swedish Pavilion features the fun and interactive "The Human Trap" by Evelina Kollberg, an interactive crocheted playground.
    Debut Show to Explore Cutting-edge Designs from Italy, Sweden and more

    HONG KONG, Dec 4, 2017 - (ACN Newswire) - The inaugural DesignInspire, organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Hong Kong Design Centre, will showcase current and emerging global design trends and local creative ideas, from 7-9 December at the Hong Kong Convention and Exhibition Centre (HKCEC). The debut exhibition seeks to create an inspiring platform and meaningful dialogue between the world's creative elites, design brands, associations and institutes.

    This year's Partner Country, Italy, will showcase the pavilion 'Italy Makes A Difference,' featuring design-driven innovations from one of the global frontrunners in style and design. Curated by renowned Italian architect Dario Curatolo, the pavilion features 130 Italian innovations in the areas of luxury, interior, automotive design, fashion and architecture. Together with other international pavilions, including showcases by the Australian state of Victoria, Chinese mainland cities Jinjiang and Nanjing, as well as Japan, Korea, Sweden, Poland, the exhibition presents the latest in global design and facilitates the exchange of ideas and dialogue among practitioners in the creative sector.

    - Italy Makes A Difference

    "Design is the ability to combine beauty and functionality, the capacity to transform a concept in an object, an idea into a shape," says Mr Curatolo, who has served as art director for several architecture and design-based projects, including the art direction for the Italian pavilion at the Venice Architecture Biennale 2012. "When I think of a new project, I have to sketch it and give a shape to my thoughts."

    Mr Curatolo believes Italy's distinct cultural heritage, tradition, people and landscape have helped transform the country into a global powerhouse of design and creativity. "Italy is a unique place in which the combination of the human mind, natural landscape and history has given origin to some of the most important pieces of art in history. But this cultural heritage doesn't belong to the past. There's an Italian sense of beauty that translates to design, production and lifestyle even in the present," he says.

    These sentiments are powerfully reflected in the stunning vehicle designs of Ducati and Lamborghini, which will be on display at the fairground. The exhibition will see the Hong Kong debut of the Lamborghini Aventador S Roadster, featuring an aerodynamic design and customisable options, as well as the Ducati XDIAVEL S motorbike, a long, low and modern cruiser that is as much focused on function as it is on design.

    Other products in the "Italy Makes A Difference" pavilion span a journey of Italian innovation, showcasing everything from household products to fashion. Highlights include the cute and quirky Animaze, a multifunctional furniture system for children that can be assembled in various combinations. The animal-shaped furniture can be used as chairs, console tables, poufs, and even a rocking horse, allowing children to explore their creativity by customising their own designs. Fashion-conscious visitors won't want to miss the Vibram Furoshiki, the award-winning sole that wraps around the wearer's feet. This funky, brightly coloured footwear has been designed to adapt easily to any surface, making them perfect everyday shoes and portable for travel.

    - International Pavilions

    Sweden, another design powerhourse, will present a pavilion featuring "The Human Trap," an interactive crocheted playground by Evelina Kollberg. Ms Kollberg describes it as "a place for one's inner nature to come out and play." Another product that embodies Swedish flare for furniture design is Julia Madas' "Moire," a cabinet showcasing state-of-the-art digital craftsmanship. The sides of the cabinet are constructed in several layers of laser-cut sheet material, resembling a rattan pattern. The technique gives the effect of depth and transparency, as the cabinet can be perceived differently depending on the viewer's perspective.

    Technology in sustainable fashion will also be showcased at the Swedish pavilion through a collaboration between international Swedish fashion brand H&M and the Hong Kong Research Institute of Textile and Apparel (HKRITA). The two organisations have pioneered a method that blends recycled textiles into new fabric and yarn through a hydrothermal process to fully separate and recycle cotton and polyester blends without compromising quality. The Closed-Loop Apparel Recycling Eco-System Program will soon be launched in the global fashion industry, representing a major breakthrough in the journey towards cost-effective upcycling with no secondary pollution.

    Prince Carl Philip of Sweden will visit the Swedish pavilion at DesignInspire to promote Swedish business and highlight Swedish interests in design education. The promotion organisation Business Sweden will also host two business delegations during the royal visit to promote design and business exchanges between Hong Kong and Sweden.

    As part of Hong Kong's leading design-driven event, DesignInspire will gather the world's creative elites, design brands, associations and institutes to explore local and global design trends and celebrate creativity. The event will feature inspiring installations and products from some of the world's brightest creators.

    DesignInspire
    Date: 7-9 December 2017 (Thursday to Saturday)
    Opening Hours: 7-8 December 9:30am-7pm; 9 December 9:30am-6:30pm
    Venue: Hong Kong Convention and Exhibition Centre Hall 3DE
    Free Admission
    Website: www.designinspire.com.hk
    Photo Download: http://bit.ly/2iLDsqi

    About HKTDC

    Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc, LinkedIn.
    - Google+: https://plus.google.com/+hktdc
    - Twitter: http://www.twitter.com/hktdc
    - LinkedIn: http://www.linkedin.com/company/hong-kong-trade-development-council

    Contact:
    HKTDC Communication and Public Affairs Department Selina Fan Tel: +852 2584 4298 Email: selina.mi.fan@hktdc.org

    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    WESTCHESTER, Ill., Dec 5, 2017 - (ACN Newswire) - Ingredion Incorporated (NYSE: INGR), a leading global provider of ingredient solutions to diversified industries, announced today that its board of directors has unanimously approved changes to the Company's executive leadership team to fill vacancies created by the promotion of Jim Zallie to president and CEO on January 1, 2018. Zallie is currently executive vice president, global specialties and president, Americas.

    Effective February 5, 2018, Jorgen Kokke will be promoted to executive vice president, global specialties, and president, North America. Pierre Perez Y Landazuri will be promoted to senior vice president and president, EMEA effective January 1, 2018. He and Ernesto Pousada, senior vice president and president, South America, will become officers of the company and members of the executive leadership team, effective January 1, 2018.

    Kokke will be responsible for leading the $3.5 billion North America business, overseeing all operational and strategic management decisions. Additionally, he will lead the global specialties focus for the Company. Kokke joined Ingredion in 2009 as vice president and general manager of EMEA. He served as senior vice president and general manager, Asia-Pacific, from 2014 - 2016, and has been senior vice president and president, Asia-Pacific and EMEA since January 2016. Prior to Ingredion, he was vice president, Corbion (formerly CSM), a producer of sustainable ingredient solutions, where he was responsible for the global food and nutrition business. Kokke has a master's degree in economics from the University of Amsterdam.

    Perez Y Landazuri joined Ingredion in 2016 as vice president and general manager EMEA, a position he continues to fill until his promotion. Before Ingredion, he had been with CP Kelco, a producer of hydrocolloids, as vice president and general manager, Asia Pacific, and has held executive positions with Hercules, BASF and Rohm and Haas. He holds a master's degree in chemical process engineering from ENSCP Graduate School of Chemistry (now Chimie ParisTech) in Paris, France.

    Pousada joined Ingredion in February 2016 in his current role from Suzano Papel e Celulose, a pulp and paper company based in Brazil, where he served as chief operating officer. Prior to Suzano, he held various positions with Dow Chemical for 15 years. Pousada holds a bachelor's degree in mechanical engineering from Instituto Maua de Technologia in Brazil and a specialization in business administration from Fundacao Instituto de Administracao in Brazil.

    A successor to Kokke as senior vice president and president Asia-Pacific will be announced at a later date.

    "Ingredion's success is driven by our people. We have an excellent leadership team and I look forward to working with them as we implement Ingredion's long-term strategy and continue to create shareholder value," said Zallie, Ingredion CEO elect.

    ABOUT INGREDION

    Ingredion Incorporated (NYSE:INGR) is a leading global ingredient solutions provider with 2016 revenues close to $6 billion. We turn grains, fruits, vegetables and other plant materials into value-added ingredients and biomaterial solutions for the food, beverage, paper and corrugating, brewing and other industries. Serving customers in over 100 countries, our ingredients make crackers crunchy, yogurts creamy, candy sweet, paper stronger and add fiber to nutrition bars. Visit Ingredion.com to learn more.

    CONTACT:
    Investors: Heather Kos, 708-551-2592
    Media: Claire Regan, 708-551-2602

    ###

    This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
    The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
    Source: Ingredion Incorporated via Globenewswire

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Broadens Capital Base & Accelerates Education Operation Business Development

    HONG KONG, Dec 5, 2017 - (ACN Newswire) - China First Capital Group Limited ("CFCG" or the "Group"; stock code: 1269), announced today that the Group has entered into the Subscription Agreement with Champion Sense Global Limited (the "Investor"), a wholly-owned subsidiary of Huarong International Financial Holdings Limited to issue Convertible Bonds worth up to HK$800 million.

    According to the Agreement, the Investor has conditionally agreed to subscribe convertible bonds at the initial Conversion Price of HK$3.27 per share, amounting in all up to HK$800 million. The amount represents approximately 5.12% of the existing issued share capital of the Group. CFCG intends to use the net proceeds from the Convertible Bonds issuance for the development of its education operation business and financial services business including investment in educational institutions and projects, launch of educational consultancy and management services, acquisition of overseas financial service licences, and expansion of the scope and scale of service of its existing financial service business.

    Huarong's interest in making an investment into the Group reflects its confidence in the Group's business and growth potential. The directors of CFCG (including the independent nonexecutive directors) are of the view that the raising of funds by the issue of the Convertible Bonds is fair and reasonable having considered the recent market conditions which represent an opportunity for CFCG to enhance its working capital, strengthen its capital base and financial position and broaden its shareholders' base.

    Dr. Wilson Sea, Chairman and Executive Director of CFCG, said, "We are happy to have earned the trust and support of the Investor. The funds raised can help enhance the Group's capital base and speed up development especially of its education operation business and financial services. Building on the Group's industry leadership and the funds to be secured, we will continue to optimize our development prospects and actively implement set business strategies, taking advantage of the favourable national education policies to capture market opportunities. In addition, we will continue to consolidate our advantages from owning various financial service licenses and diligently implement our 'Education Operation plus Financial Services' dual-pronged approach to grasp opportunities in and outside China, and realize the goals of driving growth of the Group and generating satisfactory returns for shareholders."

    About China First Capital Group (stock code: 1269)
    China First Capital Group focuses on consolidating education industry operation and our advantages from owning various financial service licenses. Through the coordination of financial services businesses, the Group strives to establish an operation, investment and financing platform for education business guided by its "Education Operation plus Financial Services" dual-pronged strategy, with the expectation of the education investment business to be the key driver of the Group's focus. Currently, the Group wholly owns First Capital Securities Limited (with a license for Type 1 and 4 SFC-regulated activities), First Capital Asset Management Limited (with licenses for Type 1, 4, and 9 SFC-regulated activities), First Capital International Finance Limited (with a license for Type 6 SFC-regulated activities), First Capital Finance Limited and First Capital International Holdings Limited. Thus the Group provides services such as dealing in securities, asset management, merger and acquisition, financial consultancy, credit financing and immigration financial services. First Capital Fund Management Company Limited, the subsidiary of the Group, focuses on exploring and investing in excellent educational projects in coordination of the financial services business, and is dedicated to advance the Company to become a well-known international education brand. For more information about CFCG, please visit the website: www.cfcg.com.hk


    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    JAKARTA, Dec 5, 2017 - (ACN Newswire) - Indonesian Ministry of Energy and Mineral Resources (ESDM) on Wednesday co-organized the Clean Technology Roundtable Discussion at Hotel Raffles, Jakarta, in partnership with the Embassy of Denmark. The discussion was a part of the state visit of the Danish Prime Minister Lars Lokke Rasmussen to Indonesia.

    "The partnership will have a great impact on the effective pricing of renewable energy in Indonesia," said Rasmussen in his speech. "I really hope that the partnership will be executed immediately and be environmentally beneficial to Indonesia, Denmark, and even the world."

    ESDM Minister Ignasius Jonan stated that Indonesia's commitment to achieve 23% energy mix derived from renewable energy by 2025 is clear. "Indonesia is absolutely committed to this target. So far, we have achieved 50% of the target, and will keep striving to accomplish the goal," said Jonan.

    In Denmark, wind energy contributes over 40% of the electricity consumed by the entire population, while in Indonesia, three large wind farm projects have just been initiated -- two in South Sulawesi and one in South Kalimantan.

    The wind energy feed-in tariff in Denmark is under US$4 cent/kWH for onshore energy, and under US$6 cent/kWh for offshore energy. "In Denmark, renewable energy not only can compete with fossil fuels in terms of tariff, but it can even go cheaper, even under US$4 cent onshore," added Jonan.

    Following the speech session, the representatives of PT PLN and Danish Energy Agency signed the MoU on Economic Modeling of Load Dispatch.

    Indonesia-Denmark Partnership

    Denmark is one of the most important partners for Indonesia in the renewable energy development sector. Both countries signed the MoU on the Clean, Renewable, and Conservation Energy Partnership on October 22, 2015.

    In 2017, this partnership successfully launched Indonesia's Wind Energy Potential Map - a map pinpointing the wind power potential for electrification.

    Denmark is the perfect example of a successful country in renewable energy development, generating 42% electricity derived from wind energy in 2015.

    For further information, please visit: https://www.esdm.go.id/.

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Integrating the motor business to achieve electrification and automated driving technologies

    KARIYA, JAPAN, Dec 5, 2017 - (JCN Newswire) - DENSO Corporation today announced that it has concluded a basic agreement for business integration with ASMO Co., Ltd., one of DENSO's consolidated subsidiaries, effective April 1, 2018 (planned).

    ASMO is one of DENSO's consolidated subsidiaries in which DENSO and DENSO International America, DENSO's wholly owned subsidiary in North America, have a combined stake of 92.38%. The main business of ASMO is developing, manufacturing, and selling small motor system products for automobiles.

    Recently, the development of electrification and automated driving technologies has been accelerating. To achieve more environment-friendly and safer mobility, it is essential to improve the performance and reliability of motors which are important components in electrification and automated driving systems.

    In the DENSO Group, the small motor business and large high-power motor business have been operated by ASMO and DENSO, respectively. Technology development for high-precision and high-value-added motors will require sophisticated technical innovation and product development for vehicles focusing mainly on electromechanical products. The decision on business integration is intended to achieve this goal by combining the strengths in motor technologies acquired over the years by both companies.

    The integration of the motor business will enhance collaboration with DENSO's respective business groups to accelerate and upgrade technological development. DENSO remains committed to strengthening technological development of electrification and automated driving systems and realizing more environment-friendly, safer, and more comfortable mobility.

    About Denso

    DENSO Corporation, headquartered in Kariya, Aichi prefecture, Japan, is a leading global automotive supplier of advanced technology, systems and components in the areas of thermal, powertrain control, electronics and information and safety. Its customers include all the world's major carmakers. Worldwide, the company has more than 200 subsidiaries and affiliates in 38 countries and regions and employs nearly 140,000 people. Consolidated global sales for the fiscal year ending March 31, 2014, totaled US$39.8 billion. Last fiscal year, DENSO spent 9 percent of its global consolidated sales on research and development. DENSO common stock is traded on the Tokyo and Nagoya stock exchanges. For more information, go to www.globaldenso.com, or visit our media website at www.densomediacenter.com.

    Contact:
    DENSO CORPORATION Sadayoshi Yokoyama, Toshiko Watanabe Phone: 81-566-25-5594 Fax: 81-566-25-4509 sadayoshi_yokoyama@denso.co.jp toshiko_watanabe@denso.co.jp

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Margaret Fong, Executive Director of the HKTDC, speaking at the opening ceremony of Hong Kong Forum.
    Start-ups, e-tailing and Chinese mainland opportunities on Forum agenda

    HONG KONG, Dec 5, 2017 - (ACN Newswire) - Asia's newest business opportunities are in focus at the 18th Hong Kong Forum which opened today at the Hong Kong Convention and Exhibition Centre. Co-organised by the Hong Kong Trade Development Council (HKTDC) and the Federation of Hong Kong Business Associations Worldwide, the event has attracted more than 350 business leaders from 29 countries and regions. Key topics at this year's Forum include start-ups, electronic retailing (e-tailing) and business opportunities on the Chinese mainland.

    This year's Forum is participated by representatives from the Chinese mainland as well as Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hungry, Italy, Japan, Latvia, Malaysia, the Netherlands, New Zealand, Norway, the Philippines, Russia, Singapore, Sweden, Switzerland, Taiwan, Thailand, the United Kingdom, the United States and Vietnam.

    Bay Area and ASEAN trade agreement creating opportunities
    At the Forum this morning, HKTDC Executive Director Margaret Fong called 2017 a year of changes. Noting that amid a volatile global political and economic environment, Hong Kong has once again been named the world's freest economy, underscoring the city's standing as a world-leading hub for financial, trade and professional services. Hong Kong's close ties with the mainland have also strengthened its unique role on the world stage. Fong added that the HKTDC is committed to helping SMEs develop opportunities brought about by the Belt and Road Initiative, which was a focus of last year's Forum. In addition to organising missions to countries and regions along the Belt and Road, the HKTDC is actively building new business networks related to the Initiative.

    "This year, China has put forward the Guangdong-Hong Kong-Macau Greater Bay Area Initiative," said Ms Fong. "The Bay Area will be a world-class city cluster with international competitiveness. It will propel Hong Kong's innovation and technology development, which will make it a leading economic growth engine." Ms Fong added that the free trade agreement recently signed between Hong Kong and ASEAN will further promote Hong Kong's trade. The HKTDC will continue to develop connections with different markets.

    Hong Kong: Cradle for start-ups
    In recent years, many Hong Kong start-ups have successfully ventured into global markets. At the first seminar this morning, speakers discussed the challenges and opportunities for young entrepreneurs. Jason Chiu, CEO of cherrypicks, Eric Chen, Founder and Chief Commercial Officer, Vitargent (International) Biotechnology Limited, and Wesley Ng, CEO and Co-founder, Casetify, examined how Hong Kong's distinctive business environment can help start-ups succeed. They also shared their entrepreneurial experience. Jason Chiu said Hong Kong offers many favourable conditions for start-ups to develop, and encouraged young entrepreneurs to stay true to their style, think globally and not be afraid of failure. He said he is optimistic about the prospects for AR (Augmented Reality), VR (Virtual Reality) and eLearning, and hopes to develop enhanced technical solutions to create a better interactive learning experience for students.

    Leveraging Hong Kong's unique advantages to "go out"
    With the Belt and Road and Bay Area development expected to generate tremendous opportunities, Hong Kong will see a strengthening of its role as a launch pad for enterprises aspiring to go global. In the second seminar in the morning, the leaders of several renowned mainland enterprises, including Wang Tian Yi, General Manager of China Everbright International Limited, and Shen Weizhong, Director and Executive Vice President of China Mobile International Ltd, examined how mainland companies can leverage Hong Kong's professional services platform to capture market opportunities and to succeed in international markets.

    Wang Tian Yi said green industries are playing a more and more important role as China's economy transitions into a "new normal", and that Hong Kong's advantages in professional services can facilitate the development of related industries in the Chinese mainland. He added that Hong Kong is just starting to focus on innovation and technology, and more resources are needed to increase the city's competitiveness in the area. Shen Weizhong said Hong Kong, with its international talent pool, favourable business environment, low tax rates and sound legal system, is the ideal platform for mainland companies to tap into global markets. He said the company will continue to leverage Hong Kong's advantages to support its business expansion worldwide.

    Carrying on entrepreneurial acumen
    Each year, heavyweight speakers invited to the Forum's luncheon share their views and insights. Today's Luncheon Dialogue with Dreamcatchers invited two young business leaders - Winnie Chiu, President and Executive Director of Dorsett Hospitality International, and Bosco Law, Deputy Chairman & CEO of LAWSGROUP - to share their keys to success and how they have leveraged the experience and wisdom of older generations to sustain development of their family businesses.

    Mrs Carrie Lam, the Chief Executive of the Hong Kong SAR, will be the speaker at the keynote luncheon tomorrow (6 December). She will introduce Hong Kong's latest developments and business policies to participants from around the world. She will also explain how Hong Kong will establish closer cooperative relationships with regional partners to capture the opportunities presented by the new global economic order together.

    New Asian e-tailing landscape
    The inaugural Asian E-tailing Summit will be held tomorrow (6 December). The event will feature star speakers to comprehensively examine the latest e-tailing developments and trends. Speakers include Dai Feng Jun, General Manager of Hong Kong Suning Commerce Co., Ltd, Yang Tao, Founder and Chief Executive Officer of Kilimall International Ltd, Giulio Xiloyannis, Managing Director of ZALORA, and Kiril Popov, Senior Analyst of Fung Global Retail and Technology. The event provides a platform for industry professionals and event participants to explore Asian business opportunities.

    Chongqing: Important logistics hub
    Chongqing is one of China's major industrial bases, serving as a hub for the automotive, military, iron and steel and aluminium industries. The city has been actively developing modern and high-tech industries in recent years. It is also home to factories operated by many major manufacturers of computers and related products, including Taiwan's Foxconn and Inventec, and boasts immense market potential.

    From 7-9 December, Iris Wong, HKTDC's Director of Belt and Road and External Relations, will lead a business delegation to Chongqing to survey the city's investment environment and development prospects. The delegation will include nearly 40 representatives from chambers of commerce from Belt and Road countries, as well as from Australia, Canada, Europe and the United States. The group will meet senior Chongqing officials, as well as visit the Lifan Group, the Hong Kong Industrial Park in Chongqing, the Chongqing Logistics City and the Chongqing Tiandi. They will also meet with Hong Kong entrepreneurs in Chongqing and explore cooperation opportunities between Chongqing, Hong Kong and overseas enterprises.

    The two-day (5-6 December) Hong Kong Forum is an annual flagship event of the Federation of Hong Kong Business Associations Worldwide. The Federation was set up in 2000 and has a membership of more than 13,000 businesspeople. It has 42 association members from 31 countries and regions around the world. Chile is the new member association joining this year.

    Fair Website: https://www.hkfederation.org.hk/hkforum
    Photo download: http://bit.ly/2iTbRUg

    About the Federation of Hong Kong Business Associations Worldwide

    With the help of the Hong Kong Trade Development Council (HKTDC), the Federation of Hong Kong Business Associations Worldwide was established in 2000. It is a unique network of 42 Hong Kong Business Associations in 31 countries and regions with over 13,000 individual associates. They are Hong Kong's closest allies and partners in the world market. The Chief Executives is the Federation's honorary patron and HKTDC serves as its secretariat. For details, please see http://www.hkfederation.org.hk

    About HKTDC

    Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc, LinkedIn.
    - Google+: https://plus.google.com/+hktdc
    - Twitter: http://www.twitter.com/hktdc
    - LinkedIn: http://www.linkedin.com/company/hong-kong-trade-development-council

    Contact:
    HKTDC Corporate Communications Marketing Department Christine Kam Tel: +852 2584 4514 Email: christine.kam@hktdc.org Vince Lung Tel: +852 2584 4341 Email: vince.mh.lung@hktdc.org

    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Offer price between HK$4.46 and HK$5.36 per share for net proceeds approximates HK$2,037.2 million

    HONG KONG, Dec 5, 2017 - (ACN Newswire) - Hebei Construction Group Corporation Limited ("Hebei Construction" or the "Company"; stock code: 1727.HK), a leading non-state owned construction group in China, announced the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited ("SEHK") on 4 December 2017.

    Hebei Construction plans to offer an aggregate of 433,334,000 H shares (subject to the over-allotment option), consisting of 390,000,000 international offer shares (subject to adjustment and the over-allotment option) and 43,334,000 Hong Kong offer shares (subject to adjustment), at a price range between HK$4.46 and HK$5.36 per share.

    The public offering opened at 9:00 a.m. on Tuesday, 5 December 2017 and close at noon on Friday, 8 December 2017 in Hong Kong. Dealings in shares on HKEx are expected to commence on Friday, 15 December 2017, with the stock code 1727.HK in board lots of 500 shares each.

    China International Capital Corporation Hong Kong Securities Limited and CMB International Capital Limited are the joint sponsors, joint global coordinators, joint bookrunners and joint lead managers.

    The largest non-state owned construction contracting company in the Beijing-Tianjin-Hebei Region and the second largest non-state owned construction contracting company in China
    Founded in 1952, Hebei Construction Group Corporation Limited is a leading non-state owned construction group in China, providing construction contracting services mainly as a general contractor for building construction projects and infrastructure construction projects, and the Company also engages in property development, property management and other businesses.

    In terms of revenue in 2016, the Company was the largest non-state owned construction company in the Beijing-Tianjin-Hebei Region and the second largest non-state owned construction company in China. The Company experienced fast growth during the track record period. The total revenue increased from RMB24,859.1 million in 2014 to RMB38,609.4 million in 2016, representing a CAGR of 24.6% from 2014 to 2016. The profit for the year increased from RMB351.3 million in 2014 to RMB813.6 million in 2016, representing a CAGR of 52.2% from 2014 to 2016. The net profit from continuing operations increased by 44.0% from RMB328.5 million in the six months ended June 30, 2016 to RMB472.9 million in the same period in 2017.

    With a broad range of qualifications and a growing and optimizing business mix, Hebei Construction is well-recognized in the industry for outstanding performance in construction quality

    Hebei Construction is well-recognized in the industry for its outstanding performance in construction quality, safety and innovation. The company has won 18 Lu Ban Awards, the highest and most prestigious award given by the MOHURD for construction quality excellence. In terms of the number of Lu Ban Awards won from 2011 to 2016, the Company ranked first among all construction companies in Hebei Province. The company has won three Tien-yow Jeme Civil Engineering Prize, the highest and most prestigious award given by the China Civil Engineering Society in the civil engineer industry. Hebei Construction is also the only construction company in Hebei Province that has won the National Quality Award, the highest and most prestigious award for quality management.

    In addition, with a broad range of qualifications and a growing and optimizing business mix, Hebei Construction continued to win mandates for high-quality projects. The construction contracting industry in China is highly regulated. The Company has a broad range of qualifications in the construction contracting industry, covering the majority of construction categories. As of June 30, 2017, the Company's construction contracting qualifications include one premium grade qualification, 19 first grade qualifications, 12 second grade qualifications and seven third grade qualifications. These qualifications cover seven out of the 12 types of general contracting qualifications, and 17 out of the 36 types of specialized contracting qualifications in the construction contracting industry. With a broad range of qualifications, the Company is able to bid for and undertake an expansive portfolio of projects, covering residential, public, industrial and commercial buildings, municipal and transportation infrastructure as well as specialized construction areas. The Company's profit margin continues to rise with the continued optimization of the Company's business mix.

    Hebei Construction's success in establishing long-term and strong relationships with customers has been in large part due to its strong track record of providing high-quality, timely and safe construction contracting services. From 2014 to 2016, the new contract value increased from RMB35,335.9 million to RMB48,260.5 million, representing a CAGR of 16.9%. The new contract value for the first six months in 2017 reached RMB39,561.5 million.

    Well-positioned to benefit from the PRC national strategies of coordinated development of the Beijing-Tianjin-Hebei Region and the establishment of the Xiong'an New Area

    Home to over 100 million people and contributing over one-tenth of China's GDP in 2016, the Beijing-Tianjin-Hebei Region is one of the key engines of China's economic growth. The PRC government further promoted the coordinated development of the Beijing-Tianjin-Hebei Region as a national strategy in 2014, and Baoding designated as one of the core cities, so as to promote the development of infrastructure. Hebei Province has planned to invest approximately RMB100 billion to upgrade its transportation infrastructure in 2017. In the meantime, the coordinated development of the Beijing-Tianjin-Hebei Region is expected to accelerate the region's urbanization and population mobility, which is expected to effectively promote the development of the building construction and infrastructure construction in this region.

    Moreover, the PRC government has announced in April 2017 to create the Xiong'an New Area as one of the key steps of the coordinated development of Beijing-Tianjin-Hebei Region. The counties of Xiong'an New Area are all affiliated to Baoding. The establishment of the Xiong'an New Area is anticipated to play an important role in the migration of the "non-capital functions" of Beijing. This development is expected to bring significant investments in infrastructure and building construction sectors in this region, and the fixed-assets investment in the Xiong'an New Area is estimated to exceed RMB400 billion in the next five years.

    As the largest non-state owned construction company in the Beijing-Tianjin-Hebei Region, which is headquartered in Baoding, the Company's long history of development in this region and resourceful customer relations have contributed to its unique geographical advantage. During the Track Record Period, the Company has established a valuable strategic cooperation relationship with local governments and completed several construction projects in this area. In the meantime, Hebei Construction has partnered with local government in the Xiong'an New Area to set up three joint ventures with the aim to undertake infrastructure construction projects in this region, which gives the Company the first-mover advantages to benefit from the opportunities brought by the establishment of the Xiong'an New Area.

    Mr. Li Baozhong, Chairman and Executive Director of Hebei Construction Group Corporation Limited said, "Looking ahead, our goal is to continue to capture greater market share in the Beijing-Tianjin-Hebei Region and elsewhere in China to further reinforce our leading position in the construction contracting industry. The Company will seize the opportunities brought by the national strategies of coordinated development of the Beijing-Tianjin-Hebei Region and establishment of the Xiong'an New Area. We will continue to optimize our qualification portfolio and expand our business network to further improve the nationwide market share, as well as to improve the business mix to further enhance our profitability. We aim to expand our business to the provision of municipal services, and become a leading integrated construction service provider and municipal service provider."

    About Hebei Construction Group Corporation Limited
    Hebei Construction Group Corporation Limited (stock code: 1727.HK) is a leading non-state owned construction group in China, providing integrated solutions primarily for the construction contracting of buildings and infrastructure projects. Rooted in Hebei Province for 65 years, the company is well-positioned to benefit from the coordinated development of the Beijing-Tianjin-Hebei Region and the establishment of Xiong'an New Area, national strategies of China. The Company provide construction contracting services mainly as a general contractor for building construction projects and infrastructure construction projects, and also engages in property development, property management and other businesses. According to Frost & Sullivan, in terms of revenue in 2016, the group was the largest non-state owned Construction Company in the Beijing-Tianjin-Hebei Region and the second largest non-state owned construction company in China. Home to over 100 million people and contributing over one-tenth of China's GDP in 2016, the Beijing-Tianjin-Hebei Region has a vibrant, open and innovative economy, and is one of the key engines of China's economic growth.

    Factsheet
    Global Offering Summary:
    Number of Offer Shares under the Global Offering: [433,334,000] H Shares (subject to the
    Over-allotment Option)
    Number of Hong Kong Offer Shares: [43,334,000] H Shares (subject to adjustment)
    Number of International Offer Shares: [390,000,000] H Shares (subject to adjustment
    and the Over-allotment Option)
    Maximum Offer Price: HK$[5.36] per H Share
    Board lot: 500 Shares
    Hong Kong Public Offering begins: 9:00 a.m., 5 December 2017 (Tuesday)
    Hong Kong Public Offering ends: 12:00 a.m., 8 December 2017 (Friday)
    Expected Price Determination Date: 8 December 2017 (Friday)
    Results of Allocations in the Placing and Offering: 14 December 2017 (Thursday)
    Expected Listing Date: 15 December 2017 (Friday)
    Stock Code: 1727.HK

    Use of Proceeds:
    It is estimated that the Company will receive net proceeds of HK$2,037.2 million from the Global Offering, after deducting the underwriting commissions and other estimated expenses payable by the Company in connection with the Global Offering, assuming that the Over-allotment Option is not exercised and assuming an Offer Price of HK$4.91 per Share, being the mid-point of the indicative Offer Price range. The company intends to use such net proceeds from the Global Offering for the purposes and in the amounts set forth below:

    Use of Proceeds / As a percentage of total amount (%)
    Undertake the construction of certain construction contracting projects remain to be completed: Approximately 40%
    Fund the equity investment commitments under existing and future PPP projects: Approximately 40%
    Repay the principal of and interest on certain of outstanding bank loans" Approximately 10%
    General corporate purposes: Approximately 10%




    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Researchers conducting experiments at the KIST Sensor System Research Center
    Korean and American researchers develop a new method for making extremely short pulse lasers that could lead to precision eye surgery and material processing.

    SEOUL, KOREA, Dec 5, 2017 - (ACN Newswire) - MXenes, conductive materials widely used in many industries, now have one more promising application: helping lasers fire extremely short femtosecond pulses, which last just millionths of a billionth of a second.

    The finding, made by an international team of researchers, opens up avenues for developing advanced femtosecond pulse lasers, which can be used for precision eye surgery and material processing.

    MXenes are a class of two-dimensional materials made of transition metals -- the metals occupying the central block of the periodic table -- combined with carbon and/or nitrogen. Despite their promising performance in a broad range of applications, including energy storage and gas sensing, their potential use for ultrafast optics had not been explored.

    Researchers at the Korea Institute of Science and Technology (KIST) and the University of Seoul in Korea, together with colleagues at Drexel University in the US, tested a MXene made of titanium carbonitride to fabricate a 'mode-locking' device. The apparatus was placed in the laser cavity and found to produce stable laser pulses only 600 femtoseconds (quadrillionths of a second) long.

    This metallic MXene based device was found to be applicable for long wavelength mid-IR lasers, which is a very strong advantage for laser applications.

    Femtosecond-long laser pulses have many applications, such as in i-Lasik precision eye surgery, in which tiny areas of tissue need to be destroyed in a time short enough that the energy used for this purpose can't diffuse to the surrounding tissues and damage them. These laser pulses are also used to fabricate micro-sized sensors and devices.

    The research can be used to develop strategies for fabricating saturable absorber materials, which absorb less light as its intensity increases. This optical phenomenon is one of several generated as a result of a concept called nonlinearity. Nonlinear optics has been one of the most rapidly growing scientific fields in past decades.

    "The discovery of promising nonlinear optical materials will play a pivotal role in the evolution of future optics and its impact can be very significant in both fundamental aspects and industrial applications," write the researchers in their study published in the journal Advanced Materials.

    - Advanced Materials, vol.29, 1702496 (2017). (DOI: 10.1002/adma.201702496)

    For further information:
    Dr Young Min Jhon
    Head, Sensor System Research Center
    Korea Institute of Science and Technology
    Seoul, Republic of Korea
    E-mail: ymjhon@kist.re.kr

    About Korea Institute of Science and Technology (KIST)
    The Korea Institute of Science and Technology (KIST) was founded as the republic's first science and technology research institute in 1966. Since then, many government-funded research institutes have been modeled after it, with KIST setting the standard as the national think tank for science and technology. KIST celebrated its 50th anniversary in February 2016. Its aim for the next 50 years is to meet global challenges head on, such as managing aging societies and finding solutions for shortages in energy, food and resources, while leveraging convergence research and open cooperation.

    *A high resolution image is available at: http://bit.ly/2zRss0F

    Press release distributed by ResearchSEA for KIST.

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

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    Accelerating R&D for next-generation highly-functional materials



    TOKYO, Dec 6, 2017 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) and RIKEN today announced the development of technology to improve observation precision using Hitachi's atomic-resolution holography electron microscope, and the successful observation of magnetic field distributions within magnetic multilayer materials(1) at a world's highest resolution of 0.67nm(2) (Figure 1). This technology enables the observation of the magnitude and direction of magnetic fields that are related to the properties of highly-functional materials, such as permanent magnets, electromagnetic steel sheets, and magnetic thin films, at a level of few atoms at the boundary of the material. Hitachi and RIKEN are looking to contribute to the development of highly functional materials such as high-performance magnets and high-temperature superconducting materials, and progress in fundamental science, by elucidating atomic-scale magnetic phenomena.

    The further development of highly-functional materials is essential for improving the performance of products such as electronic equipment, batteries, and motors. For example, the performance of a magnetic material is closely related to the complex magnetic properties that result from the combination of elements from which it is composed. In recent years, interest in the behavior of atomic-scale magnetic fields at material interfaces has risen, and thus there was a need for technology enabling atomic-scale imaging of magnetic fields. Since 1966, Hitachi has been developing the holography electron microscope as an instrument for the direct observation of electric and magnetic fields in extremely small regions, and in 2014, developed an atomic-resolution holography electron microscope (Figure 2) with a grant under the Funding Program for World-Leading Innovative R&D on Science and Technology (the "FIRST Program"), a national project sponsored by the Japanese government. However, this atomic-resolution holography electron microscope could only observe electric and magnetic fields in a mixed state. In order to observe only the magnetic field, it was necessary to independently measure and then subtract the electric field information. Conventionally this involves methods such as flipping the material 180 degrees or raising the temperature of the sample after the first observation, and then observing the material again, which resulted in a significant reduction in resolution.

    To realize high resolution observation of magnetic fields using the atomic-resolution holography electron microscope, Hitachi and RIKEN developed a technology to precisely separate the electric field information, while maintaining high resolution. Main features of the technology developed are as described below:

    1) Technology using pulse magnetization reversal to eliminate the electric field information by reversing the magnetic field in the material

    Technology was developed to apply alternating high-intensity pulsed magnetic field(3) with opposite magnetic fields to the material to reverse the magnetization of the material (direction of the N and S pole) only. From the difference in observation results before and after this reversal, it then becomes possible by subtraction to remove with high precision only the electric field information.

    2) Technology to compensate the effect of the pulsed magnetic field

    When a high-intensity pulsed magnetic field is applied using the above technology, the electron ray path is affected due to changes in the state of the electron microscope, causing misalignment to occur in the observation area or focus. To counteract this, technology to automatically compensate the observation conditions was developed to consider the high-intensity pulsed magnetic field. As a result, it is now possible to conduct continuous observations with high-resolution and low-noise.

    The technology developed was applied to the atomic-resolution holography electron microscope to observe magnetic multilayer materials, and was used to successfully observe the magnetic field distribution with high precision(4) and with the world's highest resolution of 0.67nm.

    Using this technology, Hitachi and RIKEN will work towards the development of new materials to support a sustainable society. Furthermore, through the national program to support the formation of shared platforms supported by the Ministry of Education, Culture, Sports, Science and Technology, Japan (MEXT), the atomic-resolution holography electron microscope will be used by various parties to contribute to the advancement of science and technology.

    These achievements have been published in the online edition of Scientific Reports, a scientific journal in the United Kingdom on 5th December 2017(5).

    The development of the atomic-resolution electron microscope was supported by a grant from the Japan Society for the Promotion of Science (JSPS) through the "Funding Program for World-Leading Innovative R&D on Science and Technology (FIRST Program)" initiated by the Council for Science, Technology, and Innovation (CSTI). Further, a part of this research was also supported by the "Core Research for Evolutional Science and Technology (CREST)" program of the Japan Science and Technology Agency (JST).

    (1) Magnetic multilayer consisting of magnetic layers of CoFeB (Cobalt-Iron-Boron alloy) with different thickness sandwiched by non-magnetic Ta (tantalum) layers was used as the observation-target material.
    (2) Nanometer (nm): 1nm is equal to one billionth (10-9) of a meter.
    (3) High-intensity pulsed magnetic field: A high-intensity magnetic field exists only in short time width of a few hundred micro seconds.
    (4) The precision of the magnetic observation corresponds to the precision of 0.06T in a sample with the thickness of 45nm. The precision is in the order of 1/3000 of the electron wavelength, which is 15 times higher than the best precision (the order of 1/200 of the electron wavelength) obtained in RIKEN using a conventional magnetic observation technique.
    (5) Toshiaki Tanigaki, Tetsuya Akashi, Akira Sugawara, Katsuya Miura, Jun Hayakawa, Kodai Niitsu, Takeshi Sato, Xiuzhen Yu, Yasuhide Tomioka, Ken Harada, Daisuke Shindo, Yoshinori Tokura, and Hiroyuki Shinada, "Magnetic Field Observations in CoFeB/Ta Layers with 0.67-nm Resolution by Electron Holography," Scientific Reports, 2017, doi: 10.1038/s41598-017-16519-7

    About RIKEN

    RIKEN is Japan's largest research institute for basic and applied research. Over 2500 papers by RIKEN researchers are published every year in leading scientific and technology journals covering a broad spectrum of disciplines including physics, chemistry, biology, engineering, and medical science. RIKEN's research environment and strong emphasis on interdisciplinary collaboration and globalization has earned a worldwide reputation for scientific excellence. For further information, visit Website:www.riken.jp/en/

    About Hitachi, Ltd.

    Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, delivers innovations that answer society's challenges with our talented team and proven experience in global markets. The company's consolidated revenues for fiscal 2014 (ended March 31, 2015) totaled 9,761 billion yen ($81.3 billion). Hitachi is focusing more than ever on the Social Innovation Business, which includes power & infrastructure systems, information & telecommunication systems, construction machinery, high functional materials & components, automotive systems, healthcare and others. For more information on Hitachi, please visit the company's website at www.hitachi.com.

    Contact:
    Hitachi Ltd Corporate Communications Tel: +81-3-3258-1111

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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    Tipped to Meet Gas-Fired Power Plant Construction Schedule



    BANGKOK, Dec 6, 2017 - (ACN Newswire) - Gulf Energy Development Public Company Limited (SET:GULF), one of Thailand's major independent power producers and suppliers, received on its first trading day of 6 December an enthusiastic welcome from institutional and retail investors, who had confidence in the company's plan for the gas-fired power generation and supply business to raise total installed production capacity by 6,353.6MW to 11,125.6MW by 2024.

    Mr. Sarath Ratanavadi, chief executive of GULF, revealed that, after the initial public offering (or IPO) of up to 533.30 million capital-increase ordinary shares with a par value of THB 5.0 each at the final price of THB 45 each, GULF has floated the shares (ticker symbol: GULF) on the Stock Exchange of Thailand (SET) on 6 December, and that the shares have drawn enthusiastic response from local and international institutional investors, as well as from retail investors.

    After the first trading day, GULF will proceed to ensure successful implementation of its plans by using the funds raised by the IPO (i) to finance timely completion of gas-fired and biomass power plant construction and an increase in total installed production capacity by 6,353.6MW by 2024, from the current level of 4,772.1MW (which is contributed by the existing gas-fired power plant and solar rooftop projects that have begun commercial operation); (ii) to repay loans; and (iii) as working capital.

    "We will employ our business experience and expertise in developing the planned power plant projects jointly with our partners, in order to secure regional leadership among major independent power producers and suppliers," said he.

    Kasikorn Securities Public Company Limited, SCB Securities Co Ltd and Bualuang Securities Public Company Limited, as Co-Lead Underwriters, added that GULF is a major gas-fired power producer and supplier with a strong management team and staff who possess more than two decades' experience, as well as technical know-hows and hands-on experience about development of power plant projects, including bidding, construction and efficient operation of power plants, which have been translated into stable revenues from the commercial and contracted supply of power to Electricity Generation Authority of Thailand (EGAT) and industrial clients. They expressed confidence that the company will meet the schedules for completion of the construction of new gas-fired power plants and for commercial supply of more power, which will further enhance its future performances.

    About Gulf Energy Development

    Gulf Energy Development Public Company Limited, or GULF, is a holding company that holds equity stakes in firms primarily operating electricity, steam and chilled water generation and connected businesses. To facilitate the operation of its gas-fired power plant projects in Thailand, it has jointly established joint-venture firms, including Gulf JP Co Ltd (40% stake; partner: J-Power, a leading power producer based in Japan), Gulf MP Co Ltd (70% stake; partner: Mitsui) and Independent Power Development Co Ltd (equity stake raised from 51% to 70% on 13 November 2017; partner: Mitsui).

    The company also owns 9.09% shares in SPCG, Thailand's largest solar rooftop power producer and supplier, and 0.46% shares in EDL Generation, a Laos-based power producer and supplier, and is developing the business of gas pipeline distribution to serve industrial clients in WHA industrial estates.

    Contact:
    For Gulf Energy Development Public Company Limited
    Wasana Wongsiri
    MT Multimedia Co Ltd
    Tel: +66 0 2612 2081 #131
    Mobile: +66 8 4359 0659
    E-mail: wasana.w@mtmultimedia.com

    
    
    Copyright 2017 ACN Newswire. All rights reserved. www.acnnewswire.com

    0 0






    TOKYO, Dec 6, 2017 - (JCN Newswire) - Eisai Co., Ltd. announced that it has submitted an application for its in-house discovered and developed anticancer agent lenvatinib mesylate (product names: Lenvima/Kisplyx, product name in Taiwan: "Lenvima") for an additional indication for use in the treatment of hepatocellular carcinoma (HCC) in Taiwan. This application for the HCC indication for Lenvima follows the submission of respective applications in Japan and China in Asia.

    Liver cancer is the second leading cause of cancer related deaths and is estimated to be responsible for approximately 750,000 deaths per year globally. Additionally, approximately 780,000 cases are newly diagnosed each year, about 80% of which occur in Asian regions.(1) Specifically, in Taiwan, there are approximately 10,000 new cases and 8,000 deaths per year.(2) HCC accounts for 85% to 90% of primary liver cancer cases. Treatment options for unresectable HCC are limited. Therefore, HCC is extremely difficult to treat, and the development of new treatments is necessary.

    Eisai submitted applications for an additional indication for Lenvima for the treatment of HCC in Japan (June 2017), the United States and Europe (July 2017), and China (October 2017). In Taiwan, Eisai obtained approval for Lenvima as a treatment for patients with radioactive iodine-refractory differentiated thyroid cancer in September 2016 and in combination with everolimus as a treatment for renal cell carcinoma (second-line) in July 2017.

    Eisai positions oncology as a key therapeutic area, and is aiming to discover revolutionary new medicines with the potential to cure cancer. Eisai is committed to exploring the potential clinical benefits of Lenvima as it seeks to contribute further to addressing the diverse needs of, and increasing the benefits provided to cancer patients, their families, and healthcare providers worldwide.

    About Lenvima (generic name: lenvatinib mesylate)

    Discovered and developed in-house, Lenvima is an orally administered multiple receptor tyrosine kinase (RTK) inhibitor with a novel binding mode that selectively inhibits the kinase activities of vascular endothelial growth factor (VEGF) receptors (VEGFR1, VEGFR2 and VEGFR3) and fibroblast growth factor (FGF) receptors (FGFR1, FGFR2, FGFR3 and FGFR4) in addition to other proangiogenic and oncogenic pathway-related RTKs (including the platelet-derived growth factor (PDGF) receptor PDGFRalpha; KIT; and RET) involved in tumor proliferation. Currently, Eisai has obtained approval for Lenvima as a treatment for refractory thyroid cancer in over 50 countries, including the United States, Japan, and in Europe. Additionally, Eisai has obtained approval for the agent in combination with everolimus as a treatment for renal cell carcinoma (second-line) in over 40 countries, including the United States and in Europe. In Europe, the agent was launched under the brand name Kisplyx for renal cell carcinoma. A Phase III study of Lenvima in separate combinations with everolimus and pembrolizumab in renal cell carcinoma (first-line) is underway. A Phase Ib/II study to investigate the agent in combination with pembrolizumab in select solid tumors (endometrial cancer, non-small cell lung cancer, renal cell carcinoma, urothelial cancer, head and neck cancer, and melanoma) and a Phase Ib study in HCC are also underway. Additionally, a Phase Ib study to investigate the agent in combination with nivolumab in HCC has been initiated in Japan.

    About the RELECT study (Study 304)(3)

    This application was based on the results of the REFLECT study (Study 304), a multicenter, open-label, randomized, global Phase III trial comparing the efficacy and safety of Lenvima versus sorafenib, a standard treatment for HCC, as a first-line treatment for the patients with unresectable HCC. The REFLECT study is a multicenter, open-label, randomized, global Phase III study comparing the efficacy and safety of Lenvima versus sorafenib. In the study, 954 patients were randomized in a 1:1 ratio to receive Lenvima 12 mg (>/=60 kg) or 8 mg (
    (1) GLOBOCAN2012: Estimated Cancer Incidence, Mortality and Prevalence Worldwide in 2012.
    (2) Taiwan Cancer Registry: Cancer Incidence and Mortality Rates in Taiwan.
    (3) Cheng A et al. "Phase 3 trial of lenvatinib vs sorafenib in first-line treatment of patients with unresectable hepatocellular carcinoma", the 53rd Annual Meeting of the American Society of Clinical Oncology (ASCO), (June 2017), Abstract No: 4001

    About Eisai

    Eisai Co., Ltd. (TSE:4523; ADR:ESALY) is a research-based human health care (hhc) company that discovers, develops and markets products throughout the world. Eisai focuses its efforts in three therapeutic areas: integrative neuroscience, including neurology and psychiatric medicines; integrative oncology, which encompasses oncotherapy and supportive-care treatments; and vascular/immunological reaction. Through a global network of research facilities, manufacturing sites and marketing subsidiaries, Eisai actively participates in all aspects of the worldwide healthcare system. For more information about Eisai Co., Ltd., please visit www.eisai.com.

    Contact:
    Public Relations Department, Eisai Co., Ltd. +81-3-3817-5120

    Copyright 2017 JCN Newswire. All rights reserved. www.jcnnewswire.com

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