KUALA LUMPUR, July 30 (Bernama) -- AKWEL, the automotive and HGV equipment and systems manufacturer, has posted consolidated turnover of €487.6 million in the first half of 2021, up by 26.0 per cent compared to the first half of the previous year. (€1 = RM5.031)
According to a statement, activity remains down by -13.9 per cent compared to the first half of 2019. On first half, AKWEL saw its turnover increase by 88.7 per cent when comparing published figures (99.7 per cent when taking exchange rates and scope as constants). The group’s quarterly turnover is to be compared with a second quarter of 2020 in which worldwide vehicle production virtually ceased for two months and was down by -21.7 per cent compared to 2019. Procurement difficulties for the main raw materials and electronic components are affecting the organisation of the entire supply chain, resulting in unplanned production stoppages among the manufacturers. On a like-for-like basis, AKWEL continues to outperform its benchmark markets in its two main regions of operation, in Europe and North America. On June 30, the AKWEL group had a record positive net cash position, at €95.9 million (excluding debts on lease obligations) after disbursement of the dividend. AKWEL confirms it is expecting to see activity increasing over the year underway, in view of the favourable base effect for 2020, but remaining below that of the year 2019. Operating in 20 countries across every continent, AKWEL employs almost 10,500 people worldwide. -- BERNAMA
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KUALA LUMPUR, July 29 -- Kioxia Corporation, a world leader in memory solutions, has announced two new solid state drive (SSD) series scheduled for release in fourth quarter this year. The EXCERIA PRO and EXCERIA G2 Series are the company’s latest consumer-grade solutions for today’s hardcore enthusiasts and mainstream DIY system builders. Kioxia’s new SSDs, which are products under development, will be on reference exhibit at the China Digital Entertainment Expo and Conference (ChinaJoy) in Shanghai from July 30 to Aug 2, according to a statement. Using the next generation PCIe Gen4x4 interface, the EXCERIA PRO Series is built for demanding PC environments. This brand new series will offer more than 2x the max sequential read speeds of the PCIe Gen3 based EXCERIA PLUS Series, delivering a high performance storage experience for content creators, gamers and professionals. Kioxia also unveiled its updated mainstream EXCERIA G2 Series, with upgraded performance and capacity. This mainstream-class SSD series will offer over 2,000MB/s sequential performance and up to 2TB of capacity for users seeking affordability. Featuring Kioxia’s BiCS FLASH™ 3D flash memory, the EXCERIA PRO and EXCERIA G2 Series utilise an M.2 2280 type single-sided form factor suitable for both desktops and notebooks. -- BERNAMA NEW YORK, July 29 (Bernama-BUSINESS WIRE) -- Riskified Ltd. (“Riskified”), a fraud management platform enabling frictionless eCommerce, today announced the pricing of its initial public offering of 17,500,000 Class A ordinary shares at a public offering price of $21.00 per Class A ordinary share. The offering consists of 17,300,000 Class A ordinary shares offered by Riskified and 200,000 Class A ordinary shares to be sold by one of Riskified’s existing shareholders. Riskified will not receive any proceeds from the sale of the shares by the selling shareholder. The underwriters will have a 30-day option to purchase up to an additional 2,625,000 Class A ordinary shares from Riskified at the initial public offering price, less underwriting discounts and commissions. The Class A ordinary shares are expected to begin trading on the New York Stock Exchange on July 29, 2021 under the ticker symbol “RSKD”.
The closing of the offering is expected to occur on August 2, 2021 subject to the satisfaction of customary closing conditions. Goldman Sachs & Co. LLC, J.P. Morgan Securities LLC and Credit Suisse Securities (USA) LLC are acting as lead book-running managers for the offering. Barclays Capital Inc., KeyBanc Capital Markets Inc., Piper Sandler & Co., Truist Securities, Inc. and William Blair & Company, L.L.C. are joint book-running managers for the offering. Loop Capital Markets LLC, Samuel A. Ramirez & Company, Inc., Siebert Williams Shank & Co., LLC and Stern Brothers & Co. are acting as co-managers for the offering. The offering is being made only by means of a prospectus. A copy of the final prospectus related to the offering may be obtained, when available, from Goldman Sachs & Co. LLC, Attn: Prospectus Department, 200 West Street, New York, New York, 10282, by email at [email protected], or by telephone at 866-471-2526; J.P. Morgan Securities LLC, Attn: Broadridge Financial Solutions, 1155 Long Island Avenue, Edgewood, New York, 11717, by email at [email protected], or by telephone at 1-866-803-9204; and Credit Suisse Securities (USA) LLC, Attn: Prospectus Department, One Madison Avenue, New York, New York, 10010, by email at [email protected], or by telephone at 800-221-1037. A registration statement on Form F-1 relating to these securities has been filed with, and was declared effective by, the SEC. This press release shall not constitute an offer to sell or the solicitation of an offer to buy these securities, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. About Riskified Riskified empowers businesses to realize the full potential of eCommerce by making it safe, accessible, and frictionless. Riskified has built a next-generation eCommerce risk management platform that allows online merchants to create trusted relationships with their consumers. Leveraging machine learning that benefits from a global merchant network, Riskified’s platform identifies the individual behind each online interaction, helping merchants—Riskified’s customers—eliminate risk and uncertainty from their business. Riskified drives higher sales and reduces fraud and other operating costs for its merchants and strives to provide superior consumer experiences, as compared to its merchants’ performance prior to onboarding Riskified. http://mrem.bernama.com/viewsm.php?idm=40643 Developers can detect and block suspicious traffic sooner by enforcing security policies at the edge
SAN FRANCISCO, July 29 (Bernama-BUSINESS WIRE) -- Fastly, Inc. (NYSE: FSLY), a global edge cloud platform provider, today announced beta availability of the Signal Sciences agent on the Fastly edge cloud platform. This represents a critical milestone toward Fastly’s vision of empowering developers to protect apps and APIs in every environment—cloud, on-premise, hybrid and now at the network edge. With this integration, customers will be able to leverage the powerful signal technology to write and push out rules in real-time to track suspicious requests and block attacks sooner. "By bringing together the precision of Signal Sciences' technology with the scale of Fastly's network, organizations will have greater protection and security posture through multiple layers of defense," said Christopher Rodriguez, Research Manager of Cybersecurity at IDC. "Both DDoS and web application attacks are on the rise, and mitigation at the edge is more important than ever before. With real-time signals security teams can accurately detect suspicious traffic and quickly create rules to protect against potential attacks." Through these advancements, customers will be able to: Access smarter detection capabilities: Fastly’s next-gen WAF offers superior detection capabilities by assessing attack indicators to better define traffic types. If a malicious request is detected, that information is flagged and sent to Fastly’s edge to initiate blocking capabilities for a smarter and more informed security experience. Enable faster, more targeted blocking: The integration will support signal exclusions rules in Signal Sciences’ management console, informed by attack indicators fed through Signal Sciences’ technology, to ensure benign traffic does not get inadvertently blocked. Reduce false positives: According to a recent Enterprise Strategy Group (ESG) survey, 75% of respondents indicated that their organizations spend an equal amount or more time on false positives as actual attacks. This feature will directly combat this concern and reduce the disruption of legitimate web traffic and team workflow. Enable a multi-layer defense strategy: Fastly’s next-gen WAF technology, combined with its large scale network, is uniquely designed to absorb the largest DDoS attacks and prevent traffic from slowing down or completely stopping. Additionally, Fastly offers customers an application layer of rate limiting and IP blocking at the edge. Each of these layers combined offers a valuable defense in depth strategy, protecting organizations from a wide variety of malicious attacks. “Leaders need to reconsider how they are protecting their network, apps, and APIs as attackers get smarter,” said Dana Wolf, senior vice president of product and marketing at Fastly. “Security attacks can occur anywhere, and we want to enable our customers to run protection where it makes sense to them. Whether that’s in the cloud, data center, or ideally, at the edge. Fastly’s large global network, combined with Signal Sciences’ superior signal detection technology, makes it possible for organizations to enable a multi-layer or defense in depth strategy to protect every part of their business, no matter the environment.” Fastly expects the edge-based agent for Fastly’s next-gen WAF to be available in production by the end of the year. To learn more about the beta program, visit https://www.fastly.com/products/cloud-security/web-application-api-protection. About Fastly Fastly helps people stay better connected with the things they love. Fastly’s edge cloud platform enables customers to create great digital experiences quickly, securely, and reliably by processing, serving, and securing our customers’ applications as close to their end-users as possible — at the edge of the internet. Fastly’s platform is designed to take advantage of the modern internet, to be programmable, and to support agile software development with unmatched visibility and minimal latency, empowering developers to innovate with both performance and security. Fastly’s customers include many of the world’s most prominent companies, including Pinterest, The New York Times, and GitHub. Forward Looking Statements This press release contains “forward-looking” statements that are based on Fastly’s beliefs and assumptions and on information currently available to Fastly on the date of this press release. Forward-looking statements may involve known and unknown risks, uncertainties, and other factors that may cause its actual results, performance, or achievements to be materially different from those expressed or implied by the forward-looking statements. These statements include, but are not limited to, those regarding the availability of the edge-based agent for Fastly’s next-gen WAF. Except as required by law, Fastly assumes no obligation to update these forward-looking statements publicly, or to update the reasons actual results could differ materially from those anticipated in the forward-looking statements, even if new information becomes available in the future. Important factors that could cause Fastly’s actual results to differ materially are detailed from time to time in the reports Fastly files with the Securities and Exchange Commission (SEC), including in Fastly’s Annual Report on Form 10-K for the fiscal year ended December 31, 2020, and our Quarterly Reports on Form 10-Q. Copies of reports filed with the SEC are posted on Fastly’s website and are available from Fastly without charge. Source: Fastly, Inc. View source version on businesswire.com: https://www.businesswire.com/news/home/20210728005435/en/ Contact Press Contact [email protected] Investor Contact [email protected] Source : Fastly, Inc. --BERNAMA
KUALA LUMPUR, July 28 (Bernama) -- Nikkiso Cryogenic Industries’ Clean Energy & Industrial Gases Group (Group), a subsidiary of Nikkiso Co Ltd (Japan), has announced completion of the recommissioning of an Air Separation plant in Patancheru, Hyderabad, India.
This project was done in coordination with the Telangana government (TEL), and Greenko Foundation (GKO), according to a statement. “We are proud to have played a role in this fight against COVID, and of the technology and teamwork it took to get this facility up and running in such short time,” said President, Nikkiso Cryogenic Services, Jim Estes. Due to the ongoing pandemic crisis in India, the Indian government initiated a directive to restart the operation and LOX production to meet the urgent demands for medical oxygen. GKO has taken the old shut-down Oxygen plant on rental basis from Air Water India Private Limited (AWI) for a period of two years. In May this year, the Group partnered along with GKO in recommissioning of the plant. Nikkiso Cryogenic Services provided critical technical support and spare parts, including nozzle actuators and vibration components, and Nikkiso Cosmodyne India Pvt Ltd provided field service support. Critical components which typically take 12-14 weeks were provided in three days to support this urgent request. By June 22, the site was fully operational again. Cryogenic Industries Inc (now a member of Nikkiso Co Ltd) member companies manufacture engineered cryogenic gas processing equipment and small-scale process plants for the liquefied natural gas (LNG), well services and industrial gas industries. More details at www.nikkisoCEIG.com and www.nikkiso.com. -- BERNAMA KUALA LUMPUR, July 26 (Bernama) -- FPAM is pleased to announce the appointment of Mr. Paul Low Hong Ceong as the President of Financial Planning Association of Malaysia with effect from 26 June 2021 for 2021/2023. He takes over the helm of the association from Mr Ismitz Matthew De Alwis who stepped down as President after heading the association since 2016.
Mr Paul Low Hong Ceong has been in the financial services industry for more than 30 years, namely insurance, mutual funds and wealth management locally and abroad, in USA, Malaysia and China. Paul holds a Master’s Degree in Business Administration from McNeese State University, Louisiana, USA and a Bachelor of Science Degree from University of Louisiana, Louisiana, USA. He is also a council member of the Management Committee of Life Insurance Association of Malaysia (LIAM), currently the Deputy President and BOMA Chairman of the Financial Planning Association of Malaysia (FPAM) for 2019/2020. Paul is currently the Chief Executive Officer for Etiqa Life Insurance Berhad. He joined Etiqa Life Insurance Berhad in February 2019 to drive Etiqa’s life insurance business. From 2015 until January 2019 and prior to his appointment in Etiqa, Paul was the Chief Executive, Manulife Wealth Advisors and Chief Success Officer at Manulife Holding Berhad. From 1998 until 2005, Paul was the CEO of BHLB Pacific Trust/ SBB Mutual Berhad. Paul ventured into China in 2006 and held a few senior positions in CITIC Prudential, ING-Capital Life and Aeon Life Insurance Company Ltd. Paul returned to Malaysia in 2012 to join AmMetLife Insurance Berhad as the Managing Director/Chief Executive Officer. About Financial Planning Association of Malaysia FPAM is the pioneer professional body for financial planning in Malaysia. It is a not-for-profit organization with the twin mission of continuously professionalizing the industry and public education on the importance of financial planning. It administers the CERTIFIED FINANCIAL PLANNER® certification program and membership for the Islamic Financial Planner® certification, jointly-owned with IBFIM. Both certifications are recognized by the Securities Commission and Bank Negara Malaysia for licensing purposes. FPAM has over 40 Charter and Corporate members, whom are among the most established financial institutions in their sector. Based in Petaling Jaya with 6 chapters nationwide, it provides thought leadership in financial planning and professional development for more than 4,000 members. FPAM is an affiliate member of the global Financial Planning Standards Board Ltd. CFP® Certification Global excellence in financial planning CFPCERT TM, CERTIFIED FINANCIAL PLANNER® and certification marks owned outside the U.S. by Financial Planning Standards Board Ltd. Financial Planning Association of Malaysia is the marks licensing authority for the CFP marks in Malaysia, through agreement with FPSB. mrem.bernama.com/viewsm.php?idm=40609 KUALA LUMPUR, July 22 -- INNIO, a leading provider of renewable gas, natural gas, and hydrogen-based solutions and services, has announced the launch of its ‘Ready for H₂’ portfolio that includes 100 per cent hydrogen-fuelled Jenbacher H₂-engines. “I am proud of INNIO’s announcement of the first ‘Ready for H₂’ product portfolio in the 200 kW – 10.4 MW power generation space,” said INNIO president and chief executive officer, Carlos Lange. “Jenbacher gas engines running on natural gas today can be converted to H₂ operation when hydrogen becomes more readily available. This means that customers who invest in Jenbacher natural gas engines today, are also investing for the future.” INNIO’s ‘Ready for H₂’ gas engine portfolio is built on a long history of innovation with over 30 years of experience and expertise in the use of renewable fuels and hydrogen-rich fuels, such as syngas and process gases for power generation. As of today, Jenbacher Type 4 gas engines – with an approximate output of 500 to 900 kilowatts (kW) - are available for operation with 100 per cent hydrogen or mixtures of natural gas and hydrogen, according to a statement. As of 2022, all other INNIO Jenbacher gas engines will be offered with a ‘Ready for H₂’ option, capable of running with up to 25 per cent volume of hydrogen in pipeline gas and being able to be readily converted from natural gas to 100 per cent hydrogen operation. In addition, most of the currently installed INNIO Jenbacher natural gas fuelled fleet can be upgraded to operate with up to 25 per cent volume of hydrogen in pipeline gas or converted from natural gas to 100 per cent hydrogen operation. INNIO is committed to leading the deployment of H₂-engines which will facilitate the acceleration and transformation from fossil fuels to renewable energy sources. Typically, INNIO Jenbacher hydrogen-fuelled gas engines will be operating in a combined heat and power configuration, achieving around 90 per cent hydrogen fuel utilisation. More details at www.innio.com. -- BERNAMA Imran Hayat brings global strategic general counsel experience to leading access and industrial services company
Kennesaw, Georgia, USA, July 23 (Bernama-GLOBE NEWSWIRE) -- BrandSafway, a global leader in access and industrial services, has announced that Imran Hayat has joined the company as executive vice president (EVP) and chief legal officer (CLO), effective July 19, 2021. “Imran has an excellent track record as a global strategic general counsel,” said Karl Fessenden, president and CEO of BrandSafway. “He has extensive experience building and managing legal, risk, compliance and governance teams, and developing strong partnerships internally and externally to drive enterprise and shareholder success. His strategic mindset coupled with his deep domain expertise makes him a great addition to our team.” Most recently, Hayat served as EVP, general counsel and chief strategy officer for CHC Helicopter Corporation. Prior to CHC, Hayat was in private practice where he advised some of the world’s preeminent public and private companies. Hayat is looking forward to working with the BrandSafway leadership and legal teams. “I’m excited to join the BrandSafway team,” said Hayat. “BrandSafway is a dynamic and growing company with a strong executive team and a great internal legal and risk team. The company is well-positioned for continued success.” Hayat earned his law degree from the University of California, Hastings College of the Law in San Francisco and holds a bachelor’s degree in both economics and diplomacy and world affairs from Occidental College in Los Angeles. About BrandSafway With a commitment to safety as its foremost value, BrandSafway provides the broadest range of solutions with the greatest depth of expertise to the industrial, commercial and infrastructure markets. Through a network of 360 strategic locations across 30 countries and more than 38,000 employees, BrandSafway delivers a full range of forming, shoring, scaffolding, work access and industrial service solutions. BrandSafway supports maintenance and refurbishment projects as well as new construction and expansion plans with unmatched service from expert local labor and management. Today’s BrandSafway is At Work For You® — leveraging innovation and economies of scale to increase safety and productivity, while remaining nimble and responsive. For more information about BrandSafway, visit www.brandsafway.com. PHOTOS AVAILABLE UPON REQUEST. # # # Karla Cuculi BrandSafway 262-523-6580 [email protected] Source: BrandSafway --BERNAMA HONG KONG, July 19 (Bernama-BUSINESS WIRE) -- Regencell Bioscience Holdings Limited (NASDAQ:RGC) (“Regencell” or the “Company”), an early-stage bioscience company that focuses on research, development and commercialization of Traditional Chinese Medicine (“TCM”) for the treatment of neurocognitive disorders and degeneration, specifically Attention Deficit Hyperactivity Disorder (“ADHD”) and Autism Spectrum Disorder (“ASD”), today announced the pricing of its initial public offering (“Offering”) of 2,300,000 ordinary shares at a public offering price of $9.50 per ordinary share. The ordinary shares have been approved for listing on the Nasdaq Capital Market and are expected to commence trading on July 16, 2021 under the ticker symbol “RGC.”
Regencell expects to receive aggregate gross proceeds of approximately $21.9 million from this Offering, before deducting underwriting discounts and other related expenses. In addition, the Company has granted the underwriters a 45-day option to purchase up to an additional 345,000 ordinary shares at the public offering price, less underwriting discounts. The Offering is expected to close on or about July 20, 2021, subject to the satisfaction of customary closing conditions. Proceeds from the Offering will be used to fund the second research study, the Company’s TCM formulae and products, staff salaries, facilities rental, renovations and equipment, product and intellectual property registrations, and working capital and other general corporate purposes. The Offering is being conducted on a firm commitment basis. Maxim Group LLC is acting as sole book-running-manager for the Offering. Hunter Taubman Fischer & Li LLC is acting as counsel to the Company, and Loeb & Loeb LLP is acting as counsel to Maxim Group LLC in connection with the Offering. A registration statement on Form F-1 relating to the Offering was filed with the Securities and Exchange Commission (“SEC”) (File Number: 333-254571) and was declared effective by the SEC on July 15, 2021. The Offering is being made only by means of a prospectus, forming a part of the registration statement. Copies of the final prospectus relating to the Offering may be obtained from Maxim Group LLC, 300 Park Ave, 16th Floor, New York, NY 10022, at (212) 895-3745. In addition, a copy of the prospectus relating to the Offering may be obtained via the SEC’s website at www.sec.gov. mrem.bernama.com/viewsm.php?idm=40560 |
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