KUALA LUMPUR, June 24 -- Liquid Instruments, an innovator in precision software-defined instrumentation, has announced Moku:Pro, a high-performance platform for engineering and research labs.
Moku:Pro accelerates the transition from traditional fixed-function test and measurement hardware to a flexible field-programmable gate array (FPGA)-based approach by making high-quality instruments accessible in an integrated, software-upgradeable platform. Moku:Pro hosts nine powerful instruments, including an oscilloscope, lock-in amplifier, PID controller, phasemeter, arbitrary waveform generator and data logger to ensure researchers have the instrumentation needed to quickly characterise their set up and scale their experiments. The platform was designed to meet the needs of researchers in a variety of fields, from aerospace to semiconductor, according to a statement. Moku:Pro’s instrument suite is particularly suited to photonics applications, including spectroscopy, microscopy, metrology, gravitational wave detection, active laser stabilisation, and quantum computing. Moku:Pro brings test and measurement into the modern age, allowing engineers and researchers to dynamically switch between instruments rather than needing multiple stand-alone devices. Moku:Pro can receive over-the-air updates to deliver improved specifications, new instruments, or entirely new capabilities. Users can expect to see these benefits as soon as September when Liquid Instruments plans to release a feature that will give Moku:Pro the ability to run multiple instruments in conjunction with one another and hot-swap instruments in and out. Also slated for September release is a new cloud-based tool that will allow users to directly programme Moku:Pro’s FPGA. With this capability, users can implement unique signal processing algorithms and create their own custom instruments, which will further widen the gap with conventional hardware. More details at https://liquidinstruments.com. -- BERNAMA
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PETALING JAYA, June 25 (Bernama) -- Malaysia Productivity Corporation (MPC) and the Special Taskforce to Facilitate Business (PEMUDAH) laud the swift and proactive action by Jabatan Bomba dan Penyelamat Malaysia (JBPM) in issuing a circular that allows deeming provision granting automatic clearance for newly completed building fire safety inspection. A circular dated 24 May 2021 stated that “if JBPM does not issue any comment or clearance letter within 14 days from the date of inspection and if during the closing of the inspection, no action needs to be taken by the Principal Submitting Person (PSP) or Submitting Person (SP), the clearance letter for the inspections of Passive Design (Form G8) and Active System (Form G9) deemed to have been issued for the purpose of the Certificate of Completion and Compliance (CCC) issuance”.
The 14-day deeming clause by JBPM enhances business and government efficiency. JPBM’s action was responding to challenges caused by the impact of COVID-19 on the construction industry as voiced by the players through PEMUDAH. The decision improves the ease of doing business for the construction industry. Dato’ Abdul Latif Haji Abu Seman, Director General of MPC, which serves as the Secretariat for PEMUDAH commented, “JBPM’s decision creates a positive domino effect in the process and improves the overall productivity and performance. During this difficult time when businesses are facing various challenges, regulators need to be flexible and fast to act to facilitate firms’ operations. I commend JPBM’s quick handling of the CCC matter. This helps construction companies to be more productive.” PEMUDAH Co-chair, Dato’ Dr. Ir. Andy Seo Kian Haw echoed DG MPC’s statement, “PEMUDAH’s role is to improve the ease of doing business. We understand that COVID-19 has disrupted business operation in all sectors where challenges and issues are inevitable. When businesses concern regarding CCC was brought up to PEMUDAH, JBPM responded by issuing the deeming clause. This must be quoted as an exemplary effort in regulation being agile enough to navigate and adapt to challenges. Malaysia ranked second among 190 economies in dealing with construction permits according to World Bank’s Doing Business report 2020. I must emphasise that what happen on ground should reflect this standing and action by JBPM must be emulated.” Dato’ Andy said. The construction business community welcomes JBPM’s timely action. Datuk Ezumi Harzani Ismail, President of Malaysian Institute of Architects (PAM) praised JPBM’s decision, “During this challenging period, we need agile and proactive approaches in our regulatory environment to be more responsive to the situation to help businesses to operate well by minimising regulatory challenges. The industry is grateful that the deeming provision indeed will accelerate the process in issuing CCC.” On 24 May 2021, JBPM Director General issued the said circular to the local authorities and industry associations to abide by the decision. JPBM addressed recommendation made by PEMUDAH which which involve relevant government bodies, and representatives from the private sector, under PEMUDAH’s Technical Working Group on Dealing with Construction Permits (TWGDCP). About Malaysia Productivity Corporation (MPC) Malaysia Productivity Corporation (MPC) is a statutory body under the Ministry of International Trade and Industry (MITI). MPC promotes productivity, quality and competitiveness to the industries and organisations in Malaysia. MPC's vision is to be the leading organisation in productivity enhancement for global competitiveness and innovation. Released by MALAYSIA PRODUCTIVITY CORPORATION Source: MALAYSIA PRODUCTIVITY CORPORATION (MPC) FOR MORE INFORMATION, PLEASE CONTACT: Name: Huda Atiqah Samsir Tel: 0137261950 Email: [email protected] Name: Nik Haneez Amizan Nik Rosdi Tel: 0197181804 Email: [email protected] --BERNAMA XIAN, China, June 24 (Bernama-GLOBE NEWSWIRE) -- Bon Natural Life Limited (Nasdaq: BON) ("BON" or the "Company"), one of the leading bio-ingredient solutions providers in the natural, health and personal care industries, today announced the pricing of its firm commitment initial public offering of 2,200,000 ordinary shares, par value US$0.0001 per share (the "Shares") at a public offering price of $5.00 per Share (the "Offering"), for total gross proceeds of $11.0 million, before deducting underwriting discounts, commissions and other related expenses. In addition, BON has granted the underwriters a 45-day option to purchase up to an additional 330,000 Shares at the public offering price, less underwriting discount and commissions. The Shares are expected to begin trading on the Nasdaq Capital Market under the ticker symbol "BON" on June 24, 2021. The Offering is expected to close on or about June 28, 2021, subject to the satisfaction of customary closing conditions.
The Company intends to use the proceeds for working capital, to expand their sales and distribution network, research and development, and to expand production capacity. U.S. Tiger Securities, Inc. and Newbridge Securities Corporation are acting as co-lead book running managers, and R.F. Lafferty & Co. Inc. is acting as the joint lead book running manager. The Company's securities described above are being offered pursuant to an effective registration statement on Form F-1 (SEC File No. 333-251182), that was previously filed with the Securities and Exchange Commission ("SEC") on May 14, 2021, subsequently amended and declared effective on June 23, 2021, a copy of which has been filed with the SEC and is available on the SEC's website at www.sec.gov. The Offering is being made only by means of such prospectus. This press release contains information about the pending Offering of securities, and there can be no assurance that the Offering will be completed. This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, nor may there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. mrem.bernama.com/viewsm.php?idm=40357 KUALA LUMPUR, June 24 -- Liquid Instruments, an innovator in precision software-defined instrumentation, has announced Moku:Pro, a high-performance platform for engineering and research labs.
Moku:Pro accelerates the transition from traditional fixed-function test and measurement hardware to a flexible field-programmable gate array (FPGA)-based approach by making high-quality instruments accessible in an integrated, software-upgradeable platform. Moku:Pro hosts nine powerful instruments, including an oscilloscope, lock-in amplifier, PID controller, phasemeter, arbitrary waveform generator and data logger to ensure researchers have the instrumentation needed to quickly characterise their set up and scale their experiments. The platform was designed to meet the needs of researchers in a variety of fields, from aerospace to semiconductor, according to a statement. Moku:Pro’s instrument suite is particularly suited to photonics applications, including spectroscopy, microscopy, metrology, gravitational wave detection, active laser stabilisation, and quantum computing. Moku:Pro brings test and measurement into the modern age, allowing engineers and researchers to dynamically switch between instruments rather than needing multiple stand-alone devices. Moku:Pro can receive over-the-air updates to deliver improved specifications, new instruments, or entirely new capabilities. Users can expect to see these benefits as soon as September when Liquid Instruments plans to release a feature that will give Moku:Pro the ability to run multiple instruments in conjunction with one another and hot-swap instruments in and out. Also slated for September release is a new cloud-based tool that will allow users to directly programme Moku:Pro’s FPGA. With this capability, users can implement unique signal processing algorithms and create their own custom instruments, which will further widen the gap with conventional hardware. More details at https://liquidinstruments.com. -- BERNAMA KUALA LUMPUR, June 24 (Bernama) -- AmInvest has scooped up three fund management awards, namely, Best Pension Fund Manager (for the third consecutive year), Best Institutional House and Best Bond Manager for Malaysia awards at Asia Asset Management’s Best of the Best Awards 2021 (“Awards”).¹ The Awards recognise the most outstanding fund management players for their excellence in managing investments in the Asia-Pacific region.¹
Commenting on the wins, Dato’ Sulaiman Mohd Tahir, Group Chief Executive Officer of AmBank Group, said, “To receive these acknowledgements is a huge honour for us as it is a testament to our 40 years’ experience in managing funds and highlights the expertise, as well as, the capabilities of our people. Currently (as at May 2021), we manage Assets Under Management (“AUM”) of around MYR48 billion with the support of our retail and institutional clients.” As Malaysia’s Best Pension Fund Manager, AmInvest was commended for registering the best returns for its domestic pension mandates and its Private Retirement Scheme (“AmPRS”) funds against relevant benchmarks, and the size of these mandates over three-year and five-year periods.¹ Over the last three years (as at May 2021), AmPRS-Islamic Equity Fund and AmPRS-Islamic Balanced Fund were ranked among the top ten best performing PRS funds in the market with total returns of 37.1% and 32.3% respectively, or annualised returns of 11.1% and 9.8% accordingly.² AmInvest offers one of the most diverse ranges of retirement solutions in the market for Malaysian investors to choose from according to their respective retirement needs, goals and risk tolerances. The fund management house is also the only PRS Provider in the country to offer conventional bond and Shariah-compliant sukuk fund offerings, i.e., AmPRS-Tactical Bond and AmPRS-Dynamic# Sukuk.³ The Best Institutional House, Malaysia award recognises AmInvest for its performance on market share, client retention, new business won, stability of the senior management team, new initiatives, thought leadership and growth of institutional assets over three years.¹ In addition, AmInvest was lauded for its best investment and research process, navigation of the local market conditions, value add to clients and performance and size of its bond assets over one-year and three-year periods under the Best Bond Manager, Malaysia category.¹ “Our team’s ability to apply appropriate investment strategies in order to capitalise on the best investment opportunities was instrumental in cushioning the impact to our investors’ investment portfolios during the volatile market conditions throughout 2020. AmInvest’s AUM has increased by 9% over the year with the growth on an uptrend throughout the years. We would like to express our gratitude to our investors for their continued trust in our capabilities to be their investment partner of choice,” said Ms. Goh Wee Peng, Chief Executive Officer of AmInvest. Asia Asset Management is a publication based in Hong Kong which provides news on the Asian asset management industry.¹ About AmInvest AmInvest is the brand name for the funds management business of AmFunds Management Berhad and AmIslamic Funds Management Sdn Bhd, both of which are wholly-owned subsidiaries of AmInvestment Bank Berhad. We are a multiple award-winning fund manager based in Malaysia with 40 years of investing experience managing unit trust funds, wholesale funds, institutional mandates, Exchange Traded Funds (ETF) and Private Retirement Scheme (PRS); encompassing both conventional and Shariah-compliant funds. Sources & Notes: #The word “Dynamic” refers to the Target Fund’s investment strategy which is active management, not a buy-and-hold strategy. ¹ Asia Asset Management, January 2021. ² Based on performance data for Class D compiled by Lipper, Refinitiv, as at 31 May 2021. Performance is shown in Malaysian Ringgit on a NAV price basis with income distribution reinvested. Performance figures are calculated net of all fees, charges and expenses, except entry charge and exit penalty (if any). Past performance is not indicative of future performance. In terms of performance ranking, it is under the Pension Funds category with a total of 55 funds (according to Lipper Global Classification) for the fund’s three-year total return. Primary funds are to be used by default in performance statistics to prevent double counting and ranking anomalies. ³ Based on data compiled by Lipper, Refinitiv under the Pension Funds category with a total of 58 funds (according to Lipper Global Classification), as at 31 May 2021 for the following funds: AmPRS-Tactical Bond (Bond Asia Pacific LC) and AmPRS–Dynamic# Sukuk (Bond MYR). Primary funds are to be used by default in performance statistics to prevent double counting and ranking anomalies. http://bernamamrem.com/viewsm.php?idm=40359 KUALA LUMPUR, June 24 (Bernama) -- Echodyne has announced substantial enhancements to its industry-leading radars, adding a new radar for international markets, new product for special operations-type applications, ruggedised radome, and continuing improvements in software and performance.
Together, these product developments represent significant advancements to its breakthrough radar technology, MESA®, according to a statement. With customers in defence, national security, and critical infrastructure protection, Echodyne radars have become a core component for counter-UAS, border security, and base and perimeter 3D surveillance solutions. “We continue to find excellent customer traction for our high-performance radars and are excited to add these new products and enhancements to the EchoGuard family,” said Echodyne Chief Executive Officer, Eben Frankenberg. “We are scaling our business to, not only meet demand but to become the leading radar manufacturer for a range of current and future defence and security applications. There is a lot more to come and we’re excited about our next phase.” The products and improvements include EchoGuard International. The new EchoGuard radar has RoHS3 construction and is compliant with CE Radio Equipment Directive (RED) compliance for EU customers, per Type Examination Certificate per 2014/53/EU Radio Equipment directive. With EchoGuard spectrum expansion, many jurisdictions allow for RadioLocation use at 24.05-24.25 GHz, and EchoGuard now has a new product variant to address these markets. The products and improvements also include improved radome; Lightweight Deployment Kit (LDK); firmware updates; new waveform ideal for slow velocity resolution; and, RadarUI update. Echodyne, the radar platform company, designs and delivers high-performance compact, solid-state, patent-protected MESA® radars. -- BERNAMA KUALA LUMPUR, June 24 (Bernama) -- Medical technology company, Conformis Inc has announced the execution of an agreement to enter the Asia-Pacific market through an exclusive distribution relationship with XR Medical Group (Hong Kong) Limited (XR Medical).
Under the distribution agreement, XR Medical will have exclusive rights for the sale, marketing, and distribution of Conformis’ patient-specific iTotal® CR & PS total knee replacement systems, iTotal® CR & PS patella devices, and iUni® and iDuo® partial knee replacement systems. Other products, such as Conformis’ recently approved Identity Imprint™ knee system and its hip portfolio of products, may be added in the future, according to a statement. XR Medical’s sales team will provide sales and support exclusively to top-tier facilities in Hainan’s Boao Lecheng International Medical Tourism Pilot Zone (Pilot Zone) on behalf of Conformis. The region is a major centre of medical tourism for dozens of countries. “We are confident that our unique product portfolio will serve to accelerate Conformis’ international growth. And we are pleased to partner with XR Medical, which has an impressive track record of success in China,” said Conformis President and Chief Executive Officer, Mark Augusti. “We believe that starting in the Pilot Zone positions us well and we anticipate that this relationship will serve as a model for future expansion opportunities in mainland China.” The Pilot Zone is located on Hainan, a large island off China’s southern coast. It was established in 2019 to attract affluent Chinese citizens who might otherwise go abroad for their medical care. This region of China has developed top-level medical treatment facilities in a popular destination. Currently, medical tourists from dozens of countries, including those in Southeast Asia, are permitted to visit Hainan for a 30-day stay without visas. More details at www.conformis.com. -- BERNAMA KUALA LUMPUR, June 24 -- RapidPulse Inc, a privately-held medical device company developing a novel aspiration system to treat ischemic stroke, has announced the closing of a US$15 million Series A financing. (US$1 = RM4.162)
The financing was led by Santé Ventures who was joined by Epidarex Capital, Hatteras Venture Partners, Broadview Ventures, and Syntheon. According to a statement, RapidPulse plans to use the proceeds to advance its RapidPulse™ Cyclic Aspiration System through expanded clinical evaluation and build out its platform of proprietary catheters. The RapidPulse™ system was developed by Syntheon, a medical device incubator focused on developing next generation medical devices. “We are pleased to have partnered with an outstanding investor syndicate to move our RapidPulse™ technology forward in the clinic,” said Chief Executive Officer (CEO) of Syntheon, Sean McBrayer, who will also serve as initial CEO of RapidPulse. “Stroke is the second leading cause of death and the third leading cause of disability worldwide, and minutes matter in improving these outcomes. This investment will help us expand our clinical results and move towards regulatory approval in the United States.” Joining the team are industry veterans Heather Harries and Cynthia Yang. Harries most recently served as General Manager for Terumo’s aortic business and will lead product development and operations for RapidPulse, while Yang will lead clinical development for the company, after most recently working in the neurovascular division of Medtronic. More details at www.rapidpulsemed.com. -- BERNAMA KUALA LUMPUR, June 23 (Bernama) -- Ciba Vision Johor Sdn Bhd, also known as Alcon Johor, an affiliate of the largest eye care device company in the world with 75 years heritage, was recently recognised as one of the best places to work for, in Malaysia.
During the assessment, the company received outstanding scores across several aspects of its workplace, going beyond the norm fostering a workplace environment built on employee commitment, teamwork, integrity, corporate citizenship and pursuit of excellence. In this pandemic, employers in Malaysia are known to consider the overall well-being of their employees as of utmost importance, with Alcon Johor one of the great examples, with excellent policies and practices, supporting and protecting employees’ physical and emotional health, while continuing to focus on patient needs. “This recognition is truly an honour and we are truly humbled to receive it. This is a testimony to an amazing work family, which we have here in Alcon Johor,” said General Manager, Dr James J. Govindasamy in a statement. The Alcon Johor manufacturing facility is located in a wholly-owned 32-acre campus at Port of Tanjung Pelepas (PTP), Johor. The site produces Alcon's first and only contact lenses to bring together two advanced technologies designed to provide longer-lasting lens surface moisture and deposit protection, the AIR OPTIX® product family. Best Places to Work is an international HR certification programme providing employers in different countries the opportunity to learn more about the engagement and satisfaction of their employees and honour those who deliver an outstanding work experience with the highest standards in regards to the HR practices. For more information, visit www.bestplacestoworkfor.org. -- BERNAMA KUALA LUMPUR, June 21 -- EIG, one of the world’s leading infrastructure investors, has announced the closing of its previously-announced transaction with Saudi Arabian Oil Co (Aramco), under which a consortium of investors acquired a 49 per cent equity stake in Aramco Oil Pipelines Company (Aramco Oil Pipelines).
Aramco Oil Pipelines, a newly-formed entity with rights to 25 years of tariff payments for oil transported through Aramco’s stabilised crude oil pipeline network. The EIG-led co-investment process in Aramco Oil Pipelines attracted a global group of leading institutional investors from China, the Kingdom of Saudi Arabia, Korea, the United Arab Emirates and the United States. They include, amongst others, Mubadala Investment Company, an Abu Dhabi Sovereign Investor, Silk Road Fund, Hassana and Samsung Asset Management. In a statement, EIG Chairman and CEO, R. Blair Thomas, said: “We are pleased to have completed this transaction with Aramco, a pre-eminent global energy supplier. “The calibre of this marquee global infrastructure asset is further evidenced by the leading investors that have invested alongside EIG.” HSBC Bank plc acted as financial adviser to EIG in connection with the transaction, and Latham & Watkins served as EIG’s legal advisor. EIG, headquartered in Washington D.C., is a leading institutional investor to the global energy sector with US$21.7 billion under management as of March 31. (US$1 = RM4.143) For additional information, visit EIG website at www.eigpartners.com. -- BERNAMA |
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