KUALA LUMPUR, Dec 31 (Bernama) -- Eastspring Investments Bhd has announced the gross income distribution for the Eastspring Investments Asian High Yield Bond MY Fund.
The distribution rate for the US dollar currency class fund is US$0.0067 per unit. In a statement today, Eastsprings said unit holders who maintained their holdings as of Dec 27, 2018, would be entitled to the income distribution. The fund is a wholesale feeder fund which aims to maximise income and capital appreciation by investing in the Eastspring Investments - Asian High Yield Bond Fund, which invests primarily in Asian high yield bonds. -- BERNAMA
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KUALA LUMPUR, Dec 27 (Bernama) -- A new company, ELOXEL SpA has been established recently to exploit the patents destined to revolutionise the world of electronics through the use of bioplastics.
According to a statement, ELOXEL establishment aims to enable designers to create sustainable products and revolutionary applications. The company resulted from the collaboration between Bio-on, a company active in the high-quality bioplastic sector and Kartell, a leading design company which each holding 50 per cent. Bio-on researchers in Italy and the United States have discovered that bioplastic can produce and store electricity as a result of mechanical stress. The researches confirm the extraordinary versatility of bioplastic: a platform product that can be used to transform and make the electronics sector also sustainable with new generation of batteries and passive energy generators. For this activity Bio-on granted the new company with an exclusive license with a value of EUR 6.5 million. (EUR 1 = RM4.75) In the next few years the development of new electronic products will be based more and more on eco-sustainable organic materials such as bioplastic, which will allow to realise extremely innovative solutions. Bio-on with the support of Kartell accelerates the development of organic electronics based on Bio-on technologies to quickly acquire a leading position in this rapidly growing sector. ELOXEL operates in the field of flexible and wearable organic electronics, also single-use, to meet the growing need of consumers to have personal and portable energy always available. More details at www.eloxel.com -- BERNAMA KUALA LUMPUR, Dec 27 (Bernama) -- Weconex -- a transportation system solution provider -- won third place in the national finals at the 4th Xiaoguwei ‘Internet Plus Transportation’ Innovation & Entrepreneurship Competition in Guangzhou, China recently.
Weconex’s flagship product, DeerTrip™ -- one-stop cross-border travel solution was acknowledged by panel and industry experts. The award demonstrated the company’s strength and determination to become an industry leader, a statement said. The DeerTrip™ cross-border travel services platform integrates transportation information platform, transport card or E-ticket platform and membership management platform, covering Guangdong and Jiangsu Provinces as well as targeting inter-provincial and cross-border independent travelers across the country. By interconnecting urban public transport systems, Weconex helps transport card companies enhance the competitiveness and attractiveness of public transportation by providing citizens with more convenient and intelligent user experiences. “This competition has indeed provided a stage for emerging enterprises, encouraging us to explore the potential of technology and to change the world for the better through innovations,” said Vice President of Weconex, Tseng Kuan-Chih. The competition organised by the Guangdong Provincial Department of Transport, China Transport News, the People's government of Panyu District and Guangdong Provincial Transportation Group Co. Ltd covered topics including smart transportation, big data, artificial intelligence (AI), Internet of Vehicles (IoV) and Internet of Things (IoT). Weconex is headquartered in Guangzhou with branches in Beijing, Shanghai, Shenzhen, Wuhan, Taipei and Hong Kong. The company provides efficient and fast access and low-cost integrated solution. More details on http://www.weconex.com/En/index.html. -- BERNAMA JEDDAH, Saudi Arabia, Dec 24 (Bernama-BUSINESS WIRE) -- Saja Hotels & Resorts, the leading Saudi hotel and condominium management and operation company, has recently celebrated the first anniversary of its Saja AlMadinah Hotel in Madinah, Saudi Arabia, marking a successful year of astounding services provided to visitors to the holy city of Madinah.
This press release features multimedia. View the full release here:https://www.businesswire.com/news/home/20181223005008/en/ Strategically located in the Northern side of the central area of Madinah, the four-star hotel is just steps away from the Prophet's (PBUH) Mosque in the city. Mr. Mohannad Bin Nabeel Khogeer, Chief Executive Officer of Saja Company commented, “We are extremely proud to celebrate the first anniversary of Saja AlMadinah Hotel, the renowned national brand in Saudi Arabia. The past year demonstrated our success in providing visitors to Madinah with the best convenient accommodation in the city, making their Hajj and Umrah trips an unforgettable experience.” “Our long-standing experience in hospitality that exceeds 40 years was a game changer in creating our success during the first year of operations. We have set future expansion plans that include managing and operating other hotels in different cities and utilize our expertise in providing management services for hotels for further plans. Our efforts in this regard are in line with the Kingdom’s Vision 2030 that aims to increase the number of pilgrims and Umrah visitors,” he added. With its 544 rooms, an executive floor, relaxing lounge, gym and a dedicated (HACCP) certified restaurant serving delicious international cuisine options; Saja AlMadinah Hotel was able during the past year to welcome more than 350,000 Guests, achieve a record number of more than 110,000 room bookings, serve around 120,000 meals, and receive guests from over 80 nationalities. Notably, Saja AlMadinah Hotel provides high-quality integrated hospitality services to assist visitors perform their religious rituals in the holy city with ease and comfort. It also provides them with the convenience of being close to the Prophet's (PBUH) Mosque in Madinah, in a hotel that enjoys a unique blend of luxurious economy and authenticity, which stands out among other four-star hotels. Saja AlMadinah’s professional multi-lingual and highly trained team helps break down the language barrier and meet the needs of visitors from around the world with high quality services. *Source: AETOSWire View source version on businesswire.com: https://www.businesswire.com/news/home/20181223005008/en/ Contact Saja Hotels & Resorts Ahmed Elfallah, Director of Sales, +966534873966 [email protected], www.sajahotels.com Source : Saja Hotels & Resorts KUALA LUMPUR, Dec 21 (Bernama) -- BrandSafway and SafwayAtlantic (a BrandSafway company) have acquired Cabrillo Hoist, a construction hoists and elevators provider in West Coast, United States effective Dec 20, 2018.
With more than 20 years of experience and locations in Fontana and San Leandro, California and Stanwood, Washington, Cabrillo Hoist provides complete rental, erection, operation and maintenance services for personnel and material hoists in the greater Los Angeles, San Diego, and San Francisco, California and Seattle, Washington areas. BrandSafway which provides services, products and solutions to the industrial, commercial and infrastructure markets said the acquisition is a move to strengthen the company’s motorised access capabilities in the region. According to a statement, moving forward, Cabrillo Hoist will operate as Cabrillo Hoist, By BrandSafway – an independent business under the BrandSafway umbrella. President of Commercial and Industrial at BrandSafway, Art Eunson said: “Cabrillo has a portfolio of high-profile west-coast projects including Apple, Facebook and Uber and a roster of customers like Tutor Perini, Devcon Construction and Hensel Phelps.” -- BERNAMA |
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