KUALA LUMPUR, July 30 -- Teledyne e2v, a Teledyne Technologies company and global innovator of imaging solutions, has unveiled its Time-of-Flight (ToF) CMOS image sensor, tailored for 3D detection and distance measurement.
Based on a statement, the sensor supports the latest industrial applications, including vision guided robotics, logistics and automated guided vehicles.
Hydra3D’s high resolution and flexible configuration, combined with its on-chip HDR, make it ideal for outdoor applications such as surveillance, ITS, building construction and drones.
The sensor features a 10 µm three-tap cutting-edge pixel, designed with Teledyne e2v’s proprietary CMOS technology and produced by Tower Semiconductor, the leader in high-value analog semiconductor foundry solutions.
Incorporating a resolution of 832 x 600 pixels, Hydra3D provides very fast transfer times starting from 20ns, excellent demodulation contrast and sensitivity.
The sensor can be operated in real-time at short, mid and long-range distances, in both indoor and outdoor conditions, while providing excellent temporal precision.
It comes with an evaluation kit (Hydra3D EK), enabling customers to evaluate the sensor in multiple application setups. The kit includes a compact 2/3-inch optical format calibrated module, which includes a light source for near infrared illumination and an optic.
Two versions will be available, targeted at performing the ToF principle at short-range distances (up to five metres) or mid-range distances (up to 10 metres) and with a field-of-view of 60° x 45° or a field of view of 40° x 30°, while capturing real-time 3D information at a full resolution.
Samples will be available in August while evaluation kits, in September.
-- BERNAMA
Friday 31 July 2020
Teledyne e2v introduces high resolution ToF sensor for next generation 3D vision systems
Thursday 30 July 2020
JUMIO ANNOUNCES RECORD NEW ACCOUNT GROWTH, FUELED BY GROWTH IN FINANCIAL SERVICES, HEALTHCARE AND CHANNEL PARTNERS
Jumio signed more new customers in Q2 than in any quarter in the company’s history as digital transformation initiatives became an economic necessity.
PALO ALTO, Calif., July 30 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of AI-powered end-to-end identity verification and authentication solutions, today announced the biggest quarter for customer growth in the company’s history. Jumio says its growth was spurred by financial services and healthcare organizations which were forced to accelerate digital transformation in light of the COVID-19 pandemic.
JUMIO ANNOUNCES RECORD NEW ACCOUNT GROWTH, FUELED BY GROWTH IN FINANCIAL SERVICES, HEALTHCARE AND CHANNEL PARTNERS
PALO ALTO, Calif., July 30 (Bernama-BUSINESS WIRE) -- Jumio, the leading provider of AI-powered end-to-end identity verification and authentication solutions, today announced the biggest quarter for customer growth in the company’s history. Jumio says its growth was spurred by financial services and healthcare organizations which were forced to accelerate digital transformation in light of the COVID-19 pandemic.
JUMIO ANNOUNCES RECORD NEW ACCOUNT GROWTH, FUELED BY GROWTH IN FINANCIAL SERVICES, HEALTHCARE AND CHANNEL PARTNERS
Pulse Secure offers new cloud-based service for elastic digital workplace
KUALA LUMPUR, July 29 -- Pulse Secure has launched Pulse Zero Trust Access (PZTA), enabling organisations to provide users easy, anywhere access to multi-cloud and data centre applications with Zero Trust assurance.
The cloud-based, multi-tenant secure access service simplifies access management with single-pane-of-glass visibility, end-to-end analytics, granular policies, automated provisioning and advanced threat mitigation.
This empowers organisations to further optimise their increasingly mobile workforce and hybrid IT resources.
PZTA offers users streamlined application access while allowing organisations to govern every request by automatically verifying identity, device and security posture before granting a direct, encrypted connection between that user's device and applications residing in public clouds, private clouds or data centres.
“Pulse Zero Trust Access is designed for the elastic digital workplace, providing a unified, cloud-based service that enables greater accessibility, efficiency and risk reduction,” said Pulse Secure chief product officer, Rohini Kasturi in a statement.
PZTA is based on Pulse Secure’s new cloud-native, microservices-based, multi-tenant platform deployed globally in Microsoft Azure Cloud.
PZTA service is already available at an annual subscription MSRP starting at US$180 per user for up to 500 users with volume and multi-year discounts being offered. (US$1 = RM4.248)
More details at www.pulsesecure.net/pzta.
-- BERNAMA
The cloud-based, multi-tenant secure access service simplifies access management with single-pane-of-glass visibility, end-to-end analytics, granular policies, automated provisioning and advanced threat mitigation.
This empowers organisations to further optimise their increasingly mobile workforce and hybrid IT resources.
PZTA offers users streamlined application access while allowing organisations to govern every request by automatically verifying identity, device and security posture before granting a direct, encrypted connection between that user's device and applications residing in public clouds, private clouds or data centres.
“Pulse Zero Trust Access is designed for the elastic digital workplace, providing a unified, cloud-based service that enables greater accessibility, efficiency and risk reduction,” said Pulse Secure chief product officer, Rohini Kasturi in a statement.
PZTA is based on Pulse Secure’s new cloud-native, microservices-based, multi-tenant platform deployed globally in Microsoft Azure Cloud.
PZTA service is already available at an annual subscription MSRP starting at US$180 per user for up to 500 users with volume and multi-year discounts being offered. (US$1 = RM4.248)
More details at www.pulsesecure.net/pzta.
-- BERNAMA
Wednesday 29 July 2020
Ozow's online payment platform paves way for Open Banking in Africa
KUALA LUMPUR, July 28 -- As there are over 49 million bank accounts in South Africa alone where users just need a convenient way to pay from them, Ozow’s secure online payment platform is leading payment innovation.
“As most people in the region go online mainly through their mobile devices (the same rings true for the rest of Africa) – and often pre-pay for airtime/data – transaction speed is essential. We commit to enabling payments in a few seconds,” said Ozow chief executive officer and co-founder, Thomas Pays in a statement.
Ozow’s latest product release in the form of a world first, patent-pending innovation called the Ozow PIN has also resulted in increased business growth.
This technology empowers users to tokenise payment and make any repeat purchases with the simple entry of a 4-digit PIN.
This innovation is already aggressively taking the lion’s share of the cash, card, and alternative payment options market by empowering users to transact anytime, anywhere online, or at point of sale, without the need for an app or registration.
Ozow can also be used for e-billing in partnership with SAGE and Xero, SMS payments via all major networks and QR codes.
The service is becoming available in five of South Africa’s 11 official languages, with plans to add the other languages in the coming months.
From the merchant’s perspective, Ozow acts as an additional layer of security to that of the existing banking infrastructure, keeping all transactions ultra-safe at all times and providing a safer environment than any other payment mechanism.
-- BERNAMA
DUNAMU: MOBILE TRADES FOR STOCKPLUS DOUBLES IN 1ST HALF OF 2020
SEOUL, South Korea, July 28 (Bernama-BUSINESS WIRE) -- Dunamu (CEO Sirgoo Lee) today announced that mobile trades for Stockplus, the company’s social stock trading platform, more than doubled in the 1st half of 2020, increasing by 117.5% compared to the same period last year. The total trading volume for Stockplus surpassed KRW 100 trillion (approx. USD 83.2 billion) in July 2020.
With mobile trading systems continuing to gain popularity in South Korea, Stockplus has seen a surge in transactions. The platform’s mobile trading volume for the 1st half of 2020 was KRW 24.4 trillion (approx. USD 20 billion), which is nearly KRW one trillion higher than the total for the entire year of 2019.
“COVID-19’s impact on the stock market and high-profile IPOs like SK Biopharmaceuticals has attracted a number of new individual investors, who tend to prefer mobile trading platforms,” said Buster Suh, Dunamu’s Global Communications Manager. “Stockplus’s trading volume has grown rapidly in July and we expect the trend to continue for the foreseeable future.”
In addition to topping KRW 100 trillion in total trading volume, Stockplus also has over four million total app downloads as of July 2020. Stockplus launched in 2014 as South Korea’s first social stock trading platform. It allows investors to trade securities through top brokerage firms and provides premium content such as AI-based analysis and investment strategy reports. Stockplus users can also easily share information via Kakao Talk, the country’s most popular messaging service. Through its versatile and user-friendly mobile app, Stockplus greatly lowered the threshold for investing, providing newcomers with a reliable and engaging entry point into the stock market.
With mobile trading systems continuing to gain popularity in South Korea, Stockplus has seen a surge in transactions. The platform’s mobile trading volume for the 1st half of 2020 was KRW 24.4 trillion (approx. USD 20 billion), which is nearly KRW one trillion higher than the total for the entire year of 2019.
“COVID-19’s impact on the stock market and high-profile IPOs like SK Biopharmaceuticals has attracted a number of new individual investors, who tend to prefer mobile trading platforms,” said Buster Suh, Dunamu’s Global Communications Manager. “Stockplus’s trading volume has grown rapidly in July and we expect the trend to continue for the foreseeable future.”
In addition to topping KRW 100 trillion in total trading volume, Stockplus also has over four million total app downloads as of July 2020. Stockplus launched in 2014 as South Korea’s first social stock trading platform. It allows investors to trade securities through top brokerage firms and provides premium content such as AI-based analysis and investment strategy reports. Stockplus users can also easily share information via Kakao Talk, the country’s most popular messaging service. Through its versatile and user-friendly mobile app, Stockplus greatly lowered the threshold for investing, providing newcomers with a reliable and engaging entry point into the stock market.
AUCHAN RETAIL ACCELERATES DIGITAL TRANSFORMATION WITH TRAX'S AUTONOMOUS SHELF MONITORING SOLUTIONS IN PORTUGAL
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Trax's autonomous robot at the Auchan Alfragide hypermarket in Lisbon, Portugal (Photo: Business Wire)
SINGAPORE & LISBON, Portugal, July 29 (Bernama-BUSINESS WIRE) -- Auchan Retail Portugal, one of Europe’s largest grocery retailers, and Trax, a leading provider of computer vision and analytics solutions for retail, today unveiled an agreement to deploy Trax’s suite of autonomous shelf monitoring solutions, including robots, across Auchan Retail’s entire grocery retail network of 34 supermarkets and hypermarkets in Portugal. The project starts in the Auchan Alfragide hypermarket in Lisbon.
This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200729005363/en/
As part of the agreement, Trax’s autonomous robots, developed in partnership with German robotics company MetraLabs, will be progressively deployed in Auchan stores across the country. The robots will move around the stores up to three times daily to capture photos of every shelf and aisle, which are then digitized at scale, using Trax’s proprietary computer vision and Internet of Things (IoT) technology, and converted into reports with actionable metrics and insights. These reports are delivered via a mobile app to store staff, enabling them to analyze, prioritize and resolve shelf issues such as out-of-stocks and pricing compliance issues more quickly and efficiently.
Roy Moussa, SVP Commercial Retail Solutions at Trax, said, “Computer vision and IoT in retail is transforming store operations into a data-driven and frictionless process. Trax’s partnership with Auchan demonstrates the confidence that top global retailers place in our industry-leading portfolio of in-store execution solutions, market measurement, crowd services and analytics to ensure every store is made more productive, profitable and future-proof, especially in these challenging times.”
Andre Vieira, Digital Director at Auchan Retail Portugal, said, “Innovation, through the search for digital strategies focused on people and improving customer service is one of Auchan's great bets. With the introduction of autonomous robots, Auchan wants to improve productivity in stores and optimize the supply chain, freeing employees to focus 100% on the mission of providing a better customer experience.”
Retailers and consumer goods manufacturers around the world leverage Trax’s in-store execution and retail analytics solutions to better manage on-shelf availability and optimize merchandising. These solutions are powered by proprietary fine-grained image recognition algorithms which convert photos of retail shelves into granular, actionable shelf and store-level insights. Besides autonomous robots, Trax also offers fixed on-shelf and ceiling cameras, as well as mobile app solutions, to monitor real-time shelf conditions.
About Trax
Trax Ltd is a leading provider of computer vision solutions and analytics for retail. Our computer vision, machine learning, and Internet of Things (IoT) platforms turn everyday shelf images into real-time, actionable insights that our customers leverage to optimize their in-store execution strategy and product availability. Simply put, we digitize the physical world of retail. Many of the world’s top CPG companies and retailers use our dynamic merchandising, in-store execution, market measurement, analytics and shelf monitoring solutions at scale to drive positive shopper experiences and unlock revenue opportunities at all points of sale. We began as pioneers in the retail computer vision space and we continue to lead the industry with innovation and excellence through our development of new advanced technologies and autonomous data collection methods. Trax is headquartered in Singapore with operations in over 90 markets worldwide. To learn more, visit www.traxretail.com.
About Auchan Retail
Auchan Retail is a family and worldwide group, a human and winning company, which has 64 physical stores and 29 gas stations, and employs around 9,000 people in Portugal. Through its commerce in physical stores and online store, Auchan asserts itself as a militant brand of what is BOM, SÃO and LOCAL. This is a movement that focuses on product quality and the experiences it provides to its customers, as well as innovative and personalized services that simplify people's lives. A movement that is really committed to changing the lives of the inhabitants. It is a company certified in social responsibility and has 12 stores with environmental certification. To learn more, visit www.auchanretail.pt
Intellectual Property Information © 2020 Trax. All Rights Reserved.
View source version on businesswire.com: https://www.businesswire.com/news/home/20200729005363/en/
Contact
Trax
Brian Higgs
brian.higgs@traxretail.com
Auchan Retail Portugal
Rafaela Sousa
rafaelagoncalves.sousa@auchan.pt
Note to editors: Photos available on request
Source : Trax Ltd
--BERNAMA
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STAR MEDIA GROUP SELECTS TRITON DIGITAL FOR FULL SUITE OF AUDIO PRODUCTS
KUALA LUMPUR, Malaysia, July 29 (Bernama-BUSINESS WIRE) -- Triton Digital®, the global technology and services provider to the online audio and podcast industry, announced today that Star Media Group, Malaysia's leading integrated and innovative media group, has selected Triton Digital to power the delivery, monetization, and measurement of its streaming audio and podcast content.
Through this partnership, Star Media Group will utilize Triton’s robust audio streaming network to deliver its radio stations online, including 988 FM, one of the top Chinese language stations in Malaysia, as well as SURIA FM, one of the fastest growing Malay radio stations in the region. Additionally, Star Media Group will leverage Triton’s ad server to dynamically insert highly targeted audio ads into their streams. To support their monetization goals, Star Media Group will use Triton’s programmatic audio marketplace and audio SSP to make their online audio and podcast inventory available to media buyers around the world through both open and private marketplace deals.
Star Media Group will also utilize Triton’s Webcast Metrics® and Podcast Metrics measurement services to measure their highly engaged listening audiences, and the enterprise Omny Studio podcast management platform to seamlessly create podcast content from their broadcast feeds. Further, Omny Studio will enable Star Media Group to distribute their content to audiences across a wide range of devices and platforms including mobile phones, smart speakers, social networks, and more.
“The decision to partner with Triton Digital was an easy one, as their comprehensive and reliable suite of podcast and online audio technology is unmatched,” said Yew Jin Kang, Group Chief Technology Officer of Star Media Group. “We are proud to be working with their knowledgeable team, and look forward to leveraging their best-in-class technology to increase our revenue, further understand our listening audiences and how our content is being consumed, and to deliver an extraordinary audio and podcast experience for our radio stations online.”
http://mrem.bernama.com/viewsm.php?idm=37821
Through this partnership, Star Media Group will utilize Triton’s robust audio streaming network to deliver its radio stations online, including 988 FM, one of the top Chinese language stations in Malaysia, as well as SURIA FM, one of the fastest growing Malay radio stations in the region. Additionally, Star Media Group will leverage Triton’s ad server to dynamically insert highly targeted audio ads into their streams. To support their monetization goals, Star Media Group will use Triton’s programmatic audio marketplace and audio SSP to make their online audio and podcast inventory available to media buyers around the world through both open and private marketplace deals.
Star Media Group will also utilize Triton’s Webcast Metrics® and Podcast Metrics measurement services to measure their highly engaged listening audiences, and the enterprise Omny Studio podcast management platform to seamlessly create podcast content from their broadcast feeds. Further, Omny Studio will enable Star Media Group to distribute their content to audiences across a wide range of devices and platforms including mobile phones, smart speakers, social networks, and more.
“The decision to partner with Triton Digital was an easy one, as their comprehensive and reliable suite of podcast and online audio technology is unmatched,” said Yew Jin Kang, Group Chief Technology Officer of Star Media Group. “We are proud to be working with their knowledgeable team, and look forward to leveraging their best-in-class technology to increase our revenue, further understand our listening audiences and how our content is being consumed, and to deliver an extraordinary audio and podcast experience for our radio stations online.”
http://mrem.bernama.com/viewsm.php?idm=37821
Tuesday 28 July 2020
LeddarTech technology selected for maximum safety of COAST Autonomous delivery vehicle
KUALA LUMPUR, July 28 -- LeddarTech’s solid-state LiDAR technology has been selected by COAST Autonomous as the most reliable solution, achieving maximum safety levels for its autonomous ‘Bigfoot’ delivery vehicle.
According to a statement, COAST Autonomous has deployed the Leddar™ Pixell in its autonomous delivery vehicle (ADV) at the Kinney County Railport (KCRP) near Brackettville, Texas.
KCRP is one of several rail yards operated by Harbor Rail Services Company of California.
The self-driving technology company chose LeddarTech’s Leddar Pixell Cocoon LiDAR with its 360-degree vehicle coverage as a supplier for this project.
The COAST Autonomous electric ADVs operate CO2 emission-free and enable Harbor Rail to operate and move equipment and supplies 24 hours a day in their industrial environment safely and efficiently.
These electric vehicles are equipped with technology that enables autonomous driving with solid-state Flash LiDAR technology provided by LeddarTech.
COAST Autonomous has developed self-driving vehicles that integrate several detection technologies, including LiDAR and camera.
LeddarTech’s Leddar Pixell provides full coverage with no dead zones within the entire perimeter of the vehicle, also referred to as the ‘cocoon’.
This protects all workers on an industrial site, on foot or in another vehicle, who may approach the ADV in stop-and-go situations.
-- BERNAMA
According to a statement, COAST Autonomous has deployed the Leddar™ Pixell in its autonomous delivery vehicle (ADV) at the Kinney County Railport (KCRP) near Brackettville, Texas.
KCRP is one of several rail yards operated by Harbor Rail Services Company of California.
The self-driving technology company chose LeddarTech’s Leddar Pixell Cocoon LiDAR with its 360-degree vehicle coverage as a supplier for this project.
The COAST Autonomous electric ADVs operate CO2 emission-free and enable Harbor Rail to operate and move equipment and supplies 24 hours a day in their industrial environment safely and efficiently.
These electric vehicles are equipped with technology that enables autonomous driving with solid-state Flash LiDAR technology provided by LeddarTech.
COAST Autonomous has developed self-driving vehicles that integrate several detection technologies, including LiDAR and camera.
LeddarTech’s Leddar Pixell provides full coverage with no dead zones within the entire perimeter of the vehicle, also referred to as the ‘cocoon’.
This protects all workers on an industrial site, on foot or in another vehicle, who may approach the ADV in stop-and-go situations.
-- BERNAMA
Thought Machine continues international, APAC expansion with series B funding round
KUALA LUMPUR, July 28 -- Thought Machine, the cloud native core banking technology firm, with APAC headquarters in Singapore, has entered the Asia Pacific market by announcing the signing of an additional US$42 million in funding for series B round. (US$1 = RM4.245)
According to a statement, this round extension will close in early August and is led by Eurazeo Growth, with British Patient Capital and SEB also coming in as new investors.
This brings the round’s total value to US$125 million following US$83 million secured in March led by Draper Esprit and joined by Lloyds Banking Group, IQ Capital, Backed and Playfair Capital.
The company, headquartered in London and with its second largest office in Singapore, has announced this round of funding would support the transformation of the APAC retail banking market with cloud native technology, solving bank reliance on legacy IT.
Over the last months, the company has scaled up international hiring, adding 100 employees in the first two quarters of 2020 across three regions. It also expanded product compatibility to all major cloud providers and will make major client announcements in the coming months.
With this new round of financing, Thought Machine will continue to invest in growing its business at international scale – hiring key roles in APAC, US and Australia - while continuing to develop new products and features, including its upcoming advanced payments solution.
Thought Machine publicly names SEB, Lloyds Banking Group, Atom bank and Standard Chartered Bank as clients. Over the coming months, it will be naming several new leading European fintech companies as clients.
-- BERNAMA
Cloudflare Workers Unbound offers flexible, secure serverless computing platform
KUALA LUMPUR, July 28 -- Cloudflare Inc has released Cloudflare Workers® Unbound, offering a serverless platform for developers with unparalleled flexibility, performance, security, ease of use and pricing.
According to a statement, the platform allows developers to run complicated computing workloads across the Cloudflare network and pay only for what they use.
In addition to being more flexible, Cloudflare Workers Unbound can save users up to 75 per cent for the same workloads running on legacy, centralised serverless platforms such as AWS Lambda.
Developers can update their code and have it live globally in 15 seconds, compared with the minutes it can take to update on other serverless platforms.
The platform also supports broad language. Developers can write code in the languages including JavaScript, C, C++, Python, Go, Rust, Scala, Kotlin and even COBOL.
Cloudflare Workers Unbound now allows the hundreds of thousands of developers using the Cloudflare Workers platform to create even more complex applications without having to worry about overly restrictive limits.
According to Cloudflare co-founder and chief executive officer Matthew Prince, Cloudflare Workers Unbound is the most compelling serverless platform available.
“I challenged our team to build a platform that didn't just compete with niche edge computing solutions, but would provide developers the fastest, most secure, most flexible, and most cost-effective general-purpose serverless offering.”
Workers Unbound is currently a private beta. Developers can sign up for details at www.cloudflare.com
-- BERNAMA
According to a statement, the platform allows developers to run complicated computing workloads across the Cloudflare network and pay only for what they use.
In addition to being more flexible, Cloudflare Workers Unbound can save users up to 75 per cent for the same workloads running on legacy, centralised serverless platforms such as AWS Lambda.
Developers can update their code and have it live globally in 15 seconds, compared with the minutes it can take to update on other serverless platforms.
The platform also supports broad language. Developers can write code in the languages including JavaScript, C, C++, Python, Go, Rust, Scala, Kotlin and even COBOL.
Cloudflare Workers Unbound now allows the hundreds of thousands of developers using the Cloudflare Workers platform to create even more complex applications without having to worry about overly restrictive limits.
According to Cloudflare co-founder and chief executive officer Matthew Prince, Cloudflare Workers Unbound is the most compelling serverless platform available.
“I challenged our team to build a platform that didn't just compete with niche edge computing solutions, but would provide developers the fastest, most secure, most flexible, and most cost-effective general-purpose serverless offering.”
Workers Unbound is currently a private beta. Developers can sign up for details at www.cloudflare.com
-- BERNAMA
Monday 27 July 2020
HIBIKI TOGETHER WITH MORE THAN 50 MINORITY UNITHOLDERS OF ACCORDIA GOLF TRUST ARE CALLING FOR EGM
SINGAPORE, July 27 (Bernama-BUSINESS WIRE) -- We, Hibiki Path Advisors (“Hibiki”) are pleased to announce that on 27th July 2020, jointly with more than 50 fellow minority unitholders with collective ownership more than 12%, have submitted our request to Accordia Golf Trust Management (“AGTM”) to convene an Extraordinary General Meeting (EGM) to be held on 18th August 2020.
We believe the items to be discussed in this EGM to be critical for all unitholders to make a well-informed judgment on the proposed divestment of all of its golf courses.
HIBIKI TOGETHER WITH MORE THAN 50 MINORITY UNITHOLDERS OF ACCORDIA GOLF TRUST ARE CALLING FOR EGM
We believe the items to be discussed in this EGM to be critical for all unitholders to make a well-informed judgment on the proposed divestment of all of its golf courses.
HIBIKI TOGETHER WITH MORE THAN 50 MINORITY UNITHOLDERS OF ACCORDIA GOLF TRUST ARE CALLING FOR EGM
Saturday 25 July 2020
CSOP announces 2 products for Hong Kong Stock Exchange listing on July 27
KUALA LUMPUR, July 24 -- CSOP Asset Management Limited (CSOP) has announced the listing of the CSOP CSI 300 Index Daily (2X) Leveraged Product (7233.HK) and CSOP CSI 300 Index Daily (-1X) Inverse Product (7333.HK) on the Hong Kong Stock Exchange on July 27.
In a statement, Hong Kong’s largest leveraged and inverse products (L&I products) issuer, CSOP, said 7233.HK and 7333.HK would apply a swap-based synthetic replication strategy to achieve the respective investment objectives.
7233.HK will provide investment results closely corresponding to twice the daily performance of the CSI 300 Index while 7333.HK will provide investment results closely corresponding to inverse of the daily performance of the CSI 300 Index, both excluding costs and expenses.
Both priced at HKD 7, 7233.HK and 7333.HK will trade with lot size of 100, and the entry investment is about HKD 700.
As the first batch of China A-shares L&I products in Hong Kong, 7233.HK and 7333.HK have attracted about US$270 million initial investment upon inception in total. (US$1 = RM4.255)
China A-shares is the second largest equity market in the world after the United States equity market with a size of RMB 64.9 trillion.
The introduction of China A-shares L&I products in Hong Kong by CSOP will enable global investors to gain leveraged performance as well as hedge the downside risks of China A-shares in an easy and efficient manner.
-- BERNAMA
Friday 24 July 2020
BigSpring welcomes Chief Technology Officer Arun Nagarajan
KUALA LUMPUR, July 24 -- BigSpring, a mobile learning and productivity platform provider has welcomed Arun Nagarajan as Chief Technology Officer, responsible for building and managing the company’s engineering and product teams.
“We are a platform committed to catering to every worker and all enterprises, small and large. Arun’s vast experience in building a marketplace around SMBs and gig workers at Uber Eats, as well as enterprise solutions like Google Apps, will be instrumental in executing on BigSpring’s vision,” said BigSpring chief executive officer and founder, Bhakti Vithalani.
Mobile-first, BigSpring is capable of reaching workers, wherever and whoever they are, enabling learners to create cloud-based skill portfolios to showcase proficiency, engage in learning communities comprising peers and coaches, and measure employability in real-time.
With BigSpring, employers are able to measure ROI from learning. Research and Markets forecasts the online education market as US$350 billion by 2025—now, potentially even larger as a result of COVID-19. (US$1 = RM4.255)
BigSpring’s differentiated approach has resonated with leading clients such as Google, Uber, United Technologies, Tata Steel and others, according to a statement.
Nagarajan joins BigSpring from Uber, where, as an Engineering Director, he led engineering teams for five years and was part of the leadership team that built and scaled Uber Eats. He served as Engineering Site Lead for Uber’s New York Engineering centre.
-- BERNAMA
“We are a platform committed to catering to every worker and all enterprises, small and large. Arun’s vast experience in building a marketplace around SMBs and gig workers at Uber Eats, as well as enterprise solutions like Google Apps, will be instrumental in executing on BigSpring’s vision,” said BigSpring chief executive officer and founder, Bhakti Vithalani.
Mobile-first, BigSpring is capable of reaching workers, wherever and whoever they are, enabling learners to create cloud-based skill portfolios to showcase proficiency, engage in learning communities comprising peers and coaches, and measure employability in real-time.
With BigSpring, employers are able to measure ROI from learning. Research and Markets forecasts the online education market as US$350 billion by 2025—now, potentially even larger as a result of COVID-19. (US$1 = RM4.255)
BigSpring’s differentiated approach has resonated with leading clients such as Google, Uber, United Technologies, Tata Steel and others, according to a statement.
Nagarajan joins BigSpring from Uber, where, as an Engineering Director, he led engineering teams for five years and was part of the leadership team that built and scaled Uber Eats. He served as Engineering Site Lead for Uber’s New York Engineering centre.
-- BERNAMA
BOSSA-Flywire partnership expands China's cross-border tuition payment services
KUALA LUMPUR, July 22 -- BOSSA, China’s international education industry association, and Flywire have announced a strategic partnership to expand availability of Flywire’s cross-border payment services to Chinese students travelling abroad.
The US-based high-growth vertical payments company, in a statement said, the initiative also provided a secure and trusted international tuition payment channel for education recruitment agents, schools and students.
In a separate announcement, Flywire also launched new enhancements to its digital payment platform to better serve education recruitment agents and institutions worldwide.
BOSSA (the Beijing Overseas Study Service Association) is a non-profit, government-supported organisation that supports member agents across China that recruit students for study abroad.
Flywire’s solution enables institutions to offer students a highly-tailored, convenient and secure online payment experience – customised by school, country, and currency – while also accelerating fund flow, easing reconciliation and streamlining operational expenses.
The company has a long history of working with education recruitment agents in China, which is the leading source of international students for universities worldwide.
BOSSA plays a critical role in student recruitment and service for those students and BOSSA’s 300 member agents are responsible for recruiting and advising approximately two-thirds of all Chinese students studying abroad each year.
-- BERNAMA
The US-based high-growth vertical payments company, in a statement said, the initiative also provided a secure and trusted international tuition payment channel for education recruitment agents, schools and students.
In a separate announcement, Flywire also launched new enhancements to its digital payment platform to better serve education recruitment agents and institutions worldwide.
BOSSA (the Beijing Overseas Study Service Association) is a non-profit, government-supported organisation that supports member agents across China that recruit students for study abroad.
Flywire’s solution enables institutions to offer students a highly-tailored, convenient and secure online payment experience – customised by school, country, and currency – while also accelerating fund flow, easing reconciliation and streamlining operational expenses.
The company has a long history of working with education recruitment agents in China, which is the leading source of international students for universities worldwide.
BOSSA plays a critical role in student recruitment and service for those students and BOSSA’s 300 member agents are responsible for recruiting and advising approximately two-thirds of all Chinese students studying abroad each year.
-- BERNAMA
Thursday 23 July 2020
BitTitan unveils Voleer commercial release for centralised IT operations
KUALA LUMPUR, July 22 -- Managed services automation leader, BitTitan, has announced the commercial release of Voleer, a modern IT toolbox designed to centralise and automate IT tasks for more effective management of resources, security and data governance.
With streamlined, one-click automations, Voleer enables IT teams to schedule and automate repetitive tasks, reducing tedious manual methods and boosting time management, according to a statement.
“Voleer enables IT professionals to leverage trusted, out-of-the-box tools that run in a unified, secure environment, with unparalleled efficiency that allows companies to realise value sooner,” said BitTitan Founder and Chief Executive Officer, Geeman Yip.
Voleer is fully cloud-based and requires no additional deployments or coding for its ready-to-use tools, allowing real-time reporting and alerting that improves business intelligence visualisation, empowering IT teams to better leverage data to inform business decisions.
It also allows IT to easily identify compliance and security gaps, as well as monitor cloud usage costs. Voleer further enhances security by enabling activity-based access control, which limits sprawling access to high-risk credentials.
Voleer features a growing IT toolbox of automations that deliver functionality such as Microsoft Teams Channel Copy, Targeted Security Notifications, Add User to Group Integrated with On-Premises Active Directory and Zendesk Data Warehouse.
Voleer’s out-of-the-box automation supports a range of systems, including Microsoft 365, Microsoft Azure and Zendesk. IT professionals can easily create an account, with available forever free options, and search Voleer’s library for automations.
-- BERNAMA
With streamlined, one-click automations, Voleer enables IT teams to schedule and automate repetitive tasks, reducing tedious manual methods and boosting time management, according to a statement.
“Voleer enables IT professionals to leverage trusted, out-of-the-box tools that run in a unified, secure environment, with unparalleled efficiency that allows companies to realise value sooner,” said BitTitan Founder and Chief Executive Officer, Geeman Yip.
Voleer is fully cloud-based and requires no additional deployments or coding for its ready-to-use tools, allowing real-time reporting and alerting that improves business intelligence visualisation, empowering IT teams to better leverage data to inform business decisions.
It also allows IT to easily identify compliance and security gaps, as well as monitor cloud usage costs. Voleer further enhances security by enabling activity-based access control, which limits sprawling access to high-risk credentials.
Voleer features a growing IT toolbox of automations that deliver functionality such as Microsoft Teams Channel Copy, Targeted Security Notifications, Add User to Group Integrated with On-Premises Active Directory and Zendesk Data Warehouse.
Voleer’s out-of-the-box automation supports a range of systems, including Microsoft 365, Microsoft Azure and Zendesk. IT professionals can easily create an account, with available forever free options, and search Voleer’s library for automations.
-- BERNAMA
Grand Seiko Studio Shizukuishi opens doors, presents mechanical watches
KUALA LUMPUR, July 22 -- Seiko Watch Corporation opened a new chapter in the 60-year history of the Grand Seiko brand with the inauguration of an entirely new studio, dedicated for Grand Seiko's mechanical watch production.
The studio was declared open on July 20, in a ceremony that took place simultaneously at the Wako building, a retail establishment of Seiko Holdings Corporation in Tokyo and at the studio in Shizukuishi, Iwate Prefecture.
In Tokyo, Seiko Watch Corporation Chairman and CEO, Shinji Hattori was joined by the studio's architect, Kengo Kuma, while in Shizukuishi, the Governor of Iwate Prefecture, Takuya Tasso, participated alongside the studio's directors.
Hattori said: “The studio provides the ideal environment for our craftsmen and women to bring Grand Seiko's mechanical watches to life and for the next generation of watchmakers to be trained and their skills developed.”
Explaining his design, Kuma said: “Grand Seiko's view of the importance of nature is reflected in every corner of its design and construction. I greatly enjoyed the challenge of making the clean room, where watches of the highest precision are assembled, from wood.”
The studio also incorporates an exhibition space where visitors can immerse themselves in Grand Seiko's history and explore the manufacturing characteristics of Grand Seiko's mechanical watches.
Events will be held at which visitors can try their hand at assembling a mechanical watch in a dedicated space known as the Studio Seminar Room.
In addition, a Grand Seiko watch made exclusively for, and at the studio, will be presented and available for purchase. It is a limited-edition Hi-beat 36000.
More details at https://www.grand-seiko.com/global-en/special/studio-shizukuishi/
-- BERNAMA
MoEngage Reveals New Brand Identity With Redesigned Logo And Website; Announces New Leadership Appointments
SAN FRANCISCO & BANGALORE, India, July 22 (Bernama-BUSINESS WIRE) -- Intelligent customer engagement platform MoEngage announced today the launch of its new corporate brand identity, redesigned logo and website. These changes come on the heels of its sixth anniversary, when the company is evolving its product offerings and rapidly expanding its global reach.
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20200721005839/en/
“In the last six years, MoEngage has expanded beyond mobile marketing automation to become a full-stack customer engagement and analytics platform with a broadening footprint across North America, Europe and Asia,” said Raviteja Dodda, CEO of MoEngage. “Our new brand identity and website reflects our market-leading growth and our commitment to helping today’s customer-obsessed brands understand their customers like never before and delight them with personalized engagement at every step in the life-cycle.”
Designed to work effortlessly across digital and physical channels, the new logo reflects MoEngage’s vision of building the world’s most trusted customer engagement platform. It is a wordmark in deep blue, with the customer at the center of the letter “O”, representing the company’s core promise of enabling brands to become truly customer-obsessed. The company’s new website highlights the full suite of engagement and analytics solutions it offers as well as solutions for seven industries, including Banking and Ed Tech. Its flagship community initiative #GROWTH is also available online, enabling free access to on-demand webcasts, playbooks and upcoming events in one place.
Along with its new brand identity, MoEngage also announced new appointments to its leadership team:
• Atma Gunupudi has joined as Vice President of Global Customer Success to help shape and scale the company’s customer success strategy. Prior to this, Atma built and led globally-distributed customer success teams at Salesforce, delivering complex digital transformations across segments, industries and geographies.
• Saurabh Madan has joined as General Manager of South-East Asia & ANZ regions and will oversee the company’s go-to-market initiatives in the region. He brings deep experience in consulting mobile-first brands and has a proven track record of setting up high-performance growth teams.
• Additionally, Yash Reddy takes charge as Chief Business Officer, where he will oversee growth and strategy across APAC and the EMEA regions.
Commenting on the appointments, Mr. Dodda said, “I am delighted to welcome our new leaders to MoEngage. As we continue to build on our success as a leading customer engagement platform and a customer-first organization, bringing leaders with deep industry and domain experience is absolutely critical. I am confident that in their new roles, Atma, Saurabh and Yash will execute strategies that deliver compelling value to our customers.”
http://mrem.bernama.com/viewsm.php?idm=37784
BOSSA-Flywire partnership expands China's cross-border tuition payment services
KUALA LUMPUR, July 22 -- BOSSA, China’s international education industry association, and Flywire have announced a strategic partnership to expand availability of Flywire’s cross-border payment services to Chinese students travelling abroad.
The US-based high-growth vertical payments company, in a statement said, the initiative also provided a secure and trusted international tuition payment channel for education recruitment agents, schools and students.
In a separate announcement, Flywire also launched new enhancements to its digital payment platform to better serve education recruitment agents and institutions worldwide.
BOSSA (the Beijing Overseas Study Service Association) is a non-profit, government-supported organisation that supports member agents across China that recruit students for study abroad.
Flywire’s solution enables institutions to offer students a highly-tailored, convenient and secure online payment experience – customised by school, country, and currency – while also accelerating fund flow, easing reconciliation and streamlining operational expenses.
The company has a long history of working with education recruitment agents in China, which is the leading source of international students for universities worldwide.
BOSSA plays a critical role in student recruitment and service for those students and BOSSA’s 300 member agents are responsible for recruiting and advising approximately two-thirds of all Chinese students studying abroad each year.
-- BERNAMA
The US-based high-growth vertical payments company, in a statement said, the initiative also provided a secure and trusted international tuition payment channel for education recruitment agents, schools and students.
In a separate announcement, Flywire also launched new enhancements to its digital payment platform to better serve education recruitment agents and institutions worldwide.
BOSSA (the Beijing Overseas Study Service Association) is a non-profit, government-supported organisation that supports member agents across China that recruit students for study abroad.
Flywire’s solution enables institutions to offer students a highly-tailored, convenient and secure online payment experience – customised by school, country, and currency – while also accelerating fund flow, easing reconciliation and streamlining operational expenses.
The company has a long history of working with education recruitment agents in China, which is the leading source of international students for universities worldwide.
BOSSA plays a critical role in student recruitment and service for those students and BOSSA’s 300 member agents are responsible for recruiting and advising approximately two-thirds of all Chinese students studying abroad each year.
-- BERNAMA
Statworks Group-Automated Insights partnership brings Natural Language Generation to Singapore, Malaysia
KUALA LUMPUR, July 22 -- Malaysia-based Big Data Analytics company, Statworks Group has partnered Automated Insights, a Stats Perform company and the leading Natural Language Generation (NLG) provider, to bring NLG to Singapore and Malaysia.
“Wordsmith generates written analytics, using natural language generation, right beside your BI visualisations notably, Tableau, Spotfire, and PowerBI visualisations,” said group Chief Executive Officer of Statworks, Maheskantha Balasubramaniam.
“It’s like having your own personal data analyst navigating you through your dashboards. Combining the power of Tableau with the magic of NLG, creates a custom experience for every dashboard user.”
Automated Insights’ flagship NLG product, Wordsmith, transforms business intelligence and data into human-sounding narratives and actionable insights.
Meanwhile, Statworks Group has extensive experience in implementing machine learning with AI and business intelligence (BI) deployment across data driven organisations in this region.
“Our partnership with Statworks Group gives Automated Insights the opportunity to bring NLG to the Southeast Asia region. Wordsmith will allow BI dashboard users to access a deeper understanding of their data,” said Senior Solutions Architect at Automated Insights, Nick Nelli.
With more than 20 years of experience, Statworks Group has fully implemented Big Data Analytics, GIS, and STEM technologies across various industries in the Asian region.
-- BERNAMA
“Wordsmith generates written analytics, using natural language generation, right beside your BI visualisations notably, Tableau, Spotfire, and PowerBI visualisations,” said group Chief Executive Officer of Statworks, Maheskantha Balasubramaniam.
“It’s like having your own personal data analyst navigating you through your dashboards. Combining the power of Tableau with the magic of NLG, creates a custom experience for every dashboard user.”
Automated Insights’ flagship NLG product, Wordsmith, transforms business intelligence and data into human-sounding narratives and actionable insights.
Meanwhile, Statworks Group has extensive experience in implementing machine learning with AI and business intelligence (BI) deployment across data driven organisations in this region.
“Our partnership with Statworks Group gives Automated Insights the opportunity to bring NLG to the Southeast Asia region. Wordsmith will allow BI dashboard users to access a deeper understanding of their data,” said Senior Solutions Architect at Automated Insights, Nick Nelli.
With more than 20 years of experience, Statworks Group has fully implemented Big Data Analytics, GIS, and STEM technologies across various industries in the Asian region.
-- BERNAMA
Wednesday 22 July 2020
Flywire supports education agents, institutions, streamlines international tuition payments
KUALA LUMPUR, July 22 -- Flywire, a high-growth vertical payments company has announced new enhancements to its digital payment platform to better serve education recruitment agents and institutions worldwide.
As part of its comprehensive receivables solution, the platform enhancements will help agents better manage student information and streamline payment tracking while also enabling education institutions to optimise agent relationships and minimise potential fraud.
Flywire’s solution enables institutions to offer students a highly-tailored, convenient and secure online payment experience – customised by school, country and currency – while also accelerating fund flow, easing reconciliation and streamlining operational expenses.
According to a statement, the solution also enables institutions to create custom payment plans to provide students and families with greater flexibility.
Flywire’s enhanced agent platform connects agents, students and schools to simplify the payment process and provide real-time visibility.
New enhancements include a customisable dashboard, providing agents with the ability to directly send payment reminders to students.
It also provides real-time visibility into the status of all student payment requests; status of all payments made to institutions including payment methods; and easy, secure access to all student payment details including refunds and download receipts.
-- BERNAMA
As part of its comprehensive receivables solution, the platform enhancements will help agents better manage student information and streamline payment tracking while also enabling education institutions to optimise agent relationships and minimise potential fraud.
Flywire’s solution enables institutions to offer students a highly-tailored, convenient and secure online payment experience – customised by school, country and currency – while also accelerating fund flow, easing reconciliation and streamlining operational expenses.
According to a statement, the solution also enables institutions to create custom payment plans to provide students and families with greater flexibility.
Flywire’s enhanced agent platform connects agents, students and schools to simplify the payment process and provide real-time visibility.
New enhancements include a customisable dashboard, providing agents with the ability to directly send payment reminders to students.
It also provides real-time visibility into the status of all student payment requests; status of all payments made to institutions including payment methods; and easy, secure access to all student payment details including refunds and download receipts.
-- BERNAMA
SmartStream The First To Launch A Comprehensive Intraday Liquidity Stress Testing On Demand Solution
LONDON, July 21 (Bernama-BUSINESS WIRE) -- SmartStream Technologies, the financial Transaction Lifecycle Management (TLM®) solutions provider, today announced the launch of its Intraday Liquidity Stress Testing module, part of the TLM Cash and Liquidity Management suite of products. Carrying out a stress test and running it can take up to eight weeks, with the new module it allows banks to run this in minutes – which is essential for refining the scenario, making real-time decisions, reporting and risk analysis.
SmartStream commissioned research from Baringa Partners, a management consultancy firm, and the report highlighted that if a bank could cut its liquidity buffer by $6bn, it may save as much as $50m per year. There is a clear need for banks to carry out stress testing to improve profitability and reduce operational effort to meet the regulatory requirements. With these considerations in mind, SmartStream developed the new module to provide stress test results immediately. The product is available as standalone or via the cloud. The pandemic and the turbulent conditions have made this type of stress testing more essential and re-enforced the value of such a solution to banks.
Nadeem Shamim, Head of Cash and Liquidity, SmartStream, states: “The research carried out by Baringa Partners in conjunction with the development of our new module has created a great deal of interest in the market, we are currently having many detailed conversations with banks where the ability of a comprehensive solution with the flexibility of testing different stress scenarios is critical. Also the current turmoil in the market has had a big impact on a bank’s liquidity – so the ability to model the potential impact of such occurrences is no longer simply a regulatory box-ticking exercise, but a matter of self-protection and even of survival for many financial institutions”.
Simon Gray, Director, Baringa Partners, says: “The research identifies that it’s no longer about meeting intraday liquidity reporting requirements, banks are now seeing value in stress testing and having the tools to carry out complex scenarios with a high degree of accuracy for making more informed decisions. In addition, the findings revealed that it has gone from being a regulatory burden to creating a stringent, active framework within which to manage liquidity risk. By simplifying the complex and time-consuming testing process, SmartStream’s solution allows banks to run a variety of stress scenarios in a short space of time, which is critical”.
Ends
http://mrem.bernama.com/viewsm.php?idm=37771
SmartStream commissioned research from Baringa Partners, a management consultancy firm, and the report highlighted that if a bank could cut its liquidity buffer by $6bn, it may save as much as $50m per year. There is a clear need for banks to carry out stress testing to improve profitability and reduce operational effort to meet the regulatory requirements. With these considerations in mind, SmartStream developed the new module to provide stress test results immediately. The product is available as standalone or via the cloud. The pandemic and the turbulent conditions have made this type of stress testing more essential and re-enforced the value of such a solution to banks.
Nadeem Shamim, Head of Cash and Liquidity, SmartStream, states: “The research carried out by Baringa Partners in conjunction with the development of our new module has created a great deal of interest in the market, we are currently having many detailed conversations with banks where the ability of a comprehensive solution with the flexibility of testing different stress scenarios is critical. Also the current turmoil in the market has had a big impact on a bank’s liquidity – so the ability to model the potential impact of such occurrences is no longer simply a regulatory box-ticking exercise, but a matter of self-protection and even of survival for many financial institutions”.
Simon Gray, Director, Baringa Partners, says: “The research identifies that it’s no longer about meeting intraday liquidity reporting requirements, banks are now seeing value in stress testing and having the tools to carry out complex scenarios with a high degree of accuracy for making more informed decisions. In addition, the findings revealed that it has gone from being a regulatory burden to creating a stringent, active framework within which to manage liquidity risk. By simplifying the complex and time-consuming testing process, SmartStream’s solution allows banks to run a variety of stress scenarios in a short space of time, which is critical”.
Ends
http://mrem.bernama.com/viewsm.php?idm=37771
Tuesday 21 July 2020
Tokyo office, Japan Head further support Cloudflare's APAC operations
KUALA LUMPUR, July 20 -- Tokyo, Japan is the home of Cloudflare Inc newest Asia-Pacific (APAC) office, assisting the company to grow brand awareness, support customers and recruit new talent.
In a statement, Cloudflare also announced Masa Aoba, a seasoned technology executive with over three decades experience in the IT industry, overseeing and leading sales and activities in Japan.
Cloudflare first invested in Japan nearly a decade ago, expanding its network into Tokyo in 2010, just months after launching.
The company later expanded its network into Osaka in 2015, and today Cloudflare’s network spans 33 cities across the APAC region.
Cloudflare is planning further expansion in the region as it continues to grow its network beyond 200 cities globally.
“Our new facility and team in Tokyo present a unique opportunity to be closer to our customers, and help even more businesses and users experience a better Internet across Japan and throughout the world,” said Cloudflare co-founder and CEO, Matthew Prince.
Last year, Cloudflare grew its APAC team by 63 per cent. Today, Cloudflare has more than 180 employees in APAC.
-- BERNAMA
In a statement, Cloudflare also announced Masa Aoba, a seasoned technology executive with over three decades experience in the IT industry, overseeing and leading sales and activities in Japan.
Cloudflare first invested in Japan nearly a decade ago, expanding its network into Tokyo in 2010, just months after launching.
The company later expanded its network into Osaka in 2015, and today Cloudflare’s network spans 33 cities across the APAC region.
Cloudflare is planning further expansion in the region as it continues to grow its network beyond 200 cities globally.
“Our new facility and team in Tokyo present a unique opportunity to be closer to our customers, and help even more businesses and users experience a better Internet across Japan and throughout the world,” said Cloudflare co-founder and CEO, Matthew Prince.
Last year, Cloudflare grew its APAC team by 63 per cent. Today, Cloudflare has more than 180 employees in APAC.
-- BERNAMA
Trax-Intage partnership fuels Japan's retail industry digital transformation
KUALA LUMPUR, July 20 -- Trax Ltd and Intage Inc recently announced an alliance to drive digital transformation of Japan’s retail industry, starting with the roll-out of a holistic in-store execution solution.
According to the Singapore-based Trax in a statement, this is aimed at helping CPG manufacturers improve their return on investment on trade and merchandising activations in store.
CPG manufacturers can achieve a robust and reliable measurement of in-store execution via a combination of Intage’s Product Master Database and 800-strong field force, together with Trax’s computer vision and machine learning platforms.
The integrated data streams deliver unique insights on in-store execution – often the missing link for CPG manufacturers in Japan – to accurately measure shelf compliance and implement timely actions to correct and optimise shelf conditions to maximise sales.
In Japan, Intage provides CPG manufacturers with services such as Nationwide Retail Store Panel Survey and Nationwide In-store Promotion Survey, which are used for brand marketing and/or in-store promotions.
Global retailers and CPG manufacturers leverage Trax’s in-store execution and retail analytics solutions and services to better manage on-shelf availability and optimise merchandising.
The integrated data streams deliver unique insights on in-store execution – often the missing link for CPG manufacturers in Japan – to accurately measure shelf compliance and implement timely actions to correct and optimise shelf conditions to maximise sales.
In Japan, Intage provides CPG manufacturers with services such as Nationwide Retail Store Panel Survey and Nationwide In-store Promotion Survey, which are used for brand marketing and/or in-store promotions.
Global retailers and CPG manufacturers leverage Trax’s in-store execution and retail analytics solutions and services to better manage on-shelf availability and optimise merchandising.
These solutions are powered by proprietary fine-grained image recognition algorithms which convert photos of retail shelves into granular, actionable shelf and store-level insights.
-- BERNAMA
-- BERNAMA
Monday 20 July 2020
Guotai Junan International bags 3 Bloomberg Businessweek awards
KUALA LUMPUR, July 20 -- Guotai Junan International Holdings Limited (GTJAI or Group) has won three ‘Excellence Awards’ (Ranked 1st) from ‘Financial Institution Awards 2020’ held by the Bloomberg Businessweek, in aspects of FICC services, Initial Public Offerings (IPO) Sponsorship and Risk Management.
This is GTJAI’s 4th consecutive year receiving several awards, according to a statement.
The Group has always been growing with corporates and financial institution clients and offering quality investment banking services and solutions. Its solid risk management has won recognitions among the industry.
Being one of the Group’s rapidly developing businesses, the FICC division’s bond underwriting business began in 2012.
With the team's accurate control of the bond market trends, highly efficient execution capabilities, prudent selection of projects and diversified distribution channels, the Group’s fixed income business gains a high reputation in the industry and among market participants.
Last year, the Group’s corporate finance team secured its presence in major sectors including energy, real estate, property management and finance and completed eight IPO sponsorship projects.
This month, the Group successfully assisted Financial Street Property Co Limited in its listing on the Mainboard of the Stock Exchange of Hong Kong, playing major roles including sole sponsor, sole global coordinator, joint bookrunner and joint lead manager.
In 2016, the Group introduced the development philosophy of ‘Risk Management Creates Value’ ahead of its Hong Kong peers, advocating earning growth indicators including risk-adjusted return on capital.
More details at http://www.gtjai.com.
-- BERNAMA
This is GTJAI’s 4th consecutive year receiving several awards, according to a statement.
The Group has always been growing with corporates and financial institution clients and offering quality investment banking services and solutions. Its solid risk management has won recognitions among the industry.
Being one of the Group’s rapidly developing businesses, the FICC division’s bond underwriting business began in 2012.
With the team's accurate control of the bond market trends, highly efficient execution capabilities, prudent selection of projects and diversified distribution channels, the Group’s fixed income business gains a high reputation in the industry and among market participants.
Last year, the Group’s corporate finance team secured its presence in major sectors including energy, real estate, property management and finance and completed eight IPO sponsorship projects.
This month, the Group successfully assisted Financial Street Property Co Limited in its listing on the Mainboard of the Stock Exchange of Hong Kong, playing major roles including sole sponsor, sole global coordinator, joint bookrunner and joint lead manager.
In 2016, the Group introduced the development philosophy of ‘Risk Management Creates Value’ ahead of its Hong Kong peers, advocating earning growth indicators including risk-adjusted return on capital.
More details at http://www.gtjai.com.
-- BERNAMA
Saturday 18 July 2020
Apifiny appoints Thomas Trepanier as Director of Business Development, Roxe
KUALA LUMPUR, July 17 -- Apifiny, a global liquidity and financial value transfer network has appointed Thomas Trepanier as Director of Business Development, Roxe to lead the growth of Roxe™ global settlement and liquidity solutions for banks, central banks and digital asset exchanges.
Trepanier brings over 20 years of experience in financial services and fintech, serving banks, central banks, stock exchanges, central securities depositories and asset managers, according to a statement.
Apifiny Chief Business Officer, Josh Li said Trepanier’s success in both traditional and digital finance was a powerful combination that would bring tremendous value to the bank and central bank partners and help execute the company’s vision to accelerate the financial value transfer, anytime, anywhere.
His experience includes key business development and sales roles with Global Accelerated Ventures (GAV), Society for Worldwide Interbank Financial Telecommunications (SWIFT) and Omgeo (a DTCC company), among others.
At GAV, Trepanier led customers’ onboarding of innovative methodologies and technologies. He was also the head of payments and securities market infrastructure strategy at SWIFT.
Prior to SWIFT, Trepanier was director of Americas relationship management and Latin America sales at Omgeo. He led sales executives and relationship managers in the US and Canada, and successfully launched Omgeo’s presence in Latin America.
More details at https://www.apifiny.com/
-- BERNAMA
Trepanier brings over 20 years of experience in financial services and fintech, serving banks, central banks, stock exchanges, central securities depositories and asset managers, according to a statement.
Apifiny Chief Business Officer, Josh Li said Trepanier’s success in both traditional and digital finance was a powerful combination that would bring tremendous value to the bank and central bank partners and help execute the company’s vision to accelerate the financial value transfer, anytime, anywhere.
His experience includes key business development and sales roles with Global Accelerated Ventures (GAV), Society for Worldwide Interbank Financial Telecommunications (SWIFT) and Omgeo (a DTCC company), among others.
At GAV, Trepanier led customers’ onboarding of innovative methodologies and technologies. He was also the head of payments and securities market infrastructure strategy at SWIFT.
Prior to SWIFT, Trepanier was director of Americas relationship management and Latin America sales at Omgeo. He led sales executives and relationship managers in the US and Canada, and successfully launched Omgeo’s presence in Latin America.
More details at https://www.apifiny.com/
-- BERNAMA
Ivan Pittaluga is Arcserve's new Chief Technology Officer
KUALA LUMPUR, July 17 -- Arcserve LLC, the world’s most experienced data and ransomware protection provider, has appointed Ivan Pittaluga its new Chief Technology Officer (CTO).
As CTO, Pittaluga will oversee the strategy and development of Arcserve’s globally recognised portfolio of backup, disaster recovery, continuous availability, migration and archiving solutions.
According to a statement, he is an industry veteran with a proven track record of leading advances in service delivery and transformational technology in the high-tech space.
“The addition of Ivan will accelerate our market-first solutions to these, and other business continuity challenges, with his recognised history of driving organisational change and delivering technology that changes the way companies do business,” said Arcserve Chief Executive Officer, Tom Signorello.
Prior to joining Arcserve, Pittaluga served as vice-president of data protection and governance for Veritas Technologies, where he guided the company’s multinational software engineering and product development efforts for its NetBackup product.
-- BERNAMA
As CTO, Pittaluga will oversee the strategy and development of Arcserve’s globally recognised portfolio of backup, disaster recovery, continuous availability, migration and archiving solutions.
According to a statement, he is an industry veteran with a proven track record of leading advances in service delivery and transformational technology in the high-tech space.
“The addition of Ivan will accelerate our market-first solutions to these, and other business continuity challenges, with his recognised history of driving organisational change and delivering technology that changes the way companies do business,” said Arcserve Chief Executive Officer, Tom Signorello.
Prior to joining Arcserve, Pittaluga served as vice-president of data protection and governance for Veritas Technologies, where he guided the company’s multinational software engineering and product development efforts for its NetBackup product.
-- BERNAMA
Friday 17 July 2020
New laws amplify Hong Kong's role as leading Asian fund hub - Tricor
KUALA LUMPUR, July 16 -- Tricor Group (Tricor) has congratulated the Hong Kong Government for boosting the city’s role as a major Asian private equity hub by introducing the long-awaited Limited Partnership Fund Bill (LPF regime) which should become legislation on Aug 31.
From Tricor’s perspective, when compared with other offshore and overseas jurisdictions, Hong Kong SAR with the new LPF regime will be able to attract more private funds and family offices and fast-track the development of its asset management industry.
“Together with the already imposed tax exemptions for Hong Kong funds, this new legislation is a major step towards cementing Hong Kong’s position as the private equity centre in Asia, the soon to be favoured domicile and location for fund managers,” said Group Chief Commercial Officer of Tricor Group, Gary Tok.
Hong Kong SAR has always been viewed as the regional headquarters by most Asian-focused funds, according to a statement.
Their investment teams are often based in Hong Kong, but the funds have typically been established offshore, particularly in the Cayman Islands because of its attractive tax neutral investment platform and progressive legislative and regulatory framework.
As a result of the LPF regime, Hong Kong is continuing its emergence as a highly competitive and practical option for Asian-based and locally-based asset managers and family offices, as well as fund managers wanting to invest in China.
Tricor Group has been setting up and structuring funds for investment and investors in Asia, the Caribbean and Europe. In Hong Kong and Singapore, these services are provided to private equity, real estate and alternative assets funds.
-- BERNAMA
From Tricor’s perspective, when compared with other offshore and overseas jurisdictions, Hong Kong SAR with the new LPF regime will be able to attract more private funds and family offices and fast-track the development of its asset management industry.
“Together with the already imposed tax exemptions for Hong Kong funds, this new legislation is a major step towards cementing Hong Kong’s position as the private equity centre in Asia, the soon to be favoured domicile and location for fund managers,” said Group Chief Commercial Officer of Tricor Group, Gary Tok.
Hong Kong SAR has always been viewed as the regional headquarters by most Asian-focused funds, according to a statement.
Their investment teams are often based in Hong Kong, but the funds have typically been established offshore, particularly in the Cayman Islands because of its attractive tax neutral investment platform and progressive legislative and regulatory framework.
As a result of the LPF regime, Hong Kong is continuing its emergence as a highly competitive and practical option for Asian-based and locally-based asset managers and family offices, as well as fund managers wanting to invest in China.
Tricor Group has been setting up and structuring funds for investment and investors in Asia, the Caribbean and Europe. In Hong Kong and Singapore, these services are provided to private equity, real estate and alternative assets funds.
-- BERNAMA
Zynga names Noel Watson to Board of Directors
KUALA LUMPUR, July 17 -- Zynga Inc, a global leader in interactive entertainment has appointed TrueCar Inc Chief Financial Officer (CFO), Noel Watson to the Board of Directors as an independent director.
A skilled executive with a wealth of experience in building digital services and leading teams, Watson becomes the ninth member of Zynga's Board of Directors.
On Zynga's Board, Watson will serve on the Audit Committee, according to a statement.
“Noel brings to Zynga more than 20 years of successful financial and operating leadership. His extensive experience with high growth digital services and strong track record with mergers and acquisitions will be powerful additions to our company,” said Zynga Chief Executive Officer, Frank Gibeau.
Watson joined TrueCar Inc, a leading automotive digital marketplace focused on creating the most innovative and efficient experience for car buyers, in 2019 as CFO, leading financial operations including accounting and investor relations.
“I am excited to be joining Zynga’s Board of Directors during this dynamic period of growth for the company in its mission to connect the world through games,” said Watson.
“With the increasing penetration and use of mobile phones, and the more than 2.5 billion people globally playing games by the end of 2020, Zynga is incredibly well positioned to be a force in digital entertainment, built around iconic brands and experiences that people love.”
Zynga's distinguished Board members include Gibeau, Regina Dugan, William ‘Bing’ Gordon, Louis Lavigne Jr., Carol Mills, Mark Pincus, Janice Roberts, and Ellen Siminoff.
-- BERNAMA
A skilled executive with a wealth of experience in building digital services and leading teams, Watson becomes the ninth member of Zynga's Board of Directors.
On Zynga's Board, Watson will serve on the Audit Committee, according to a statement.
“Noel brings to Zynga more than 20 years of successful financial and operating leadership. His extensive experience with high growth digital services and strong track record with mergers and acquisitions will be powerful additions to our company,” said Zynga Chief Executive Officer, Frank Gibeau.
Watson joined TrueCar Inc, a leading automotive digital marketplace focused on creating the most innovative and efficient experience for car buyers, in 2019 as CFO, leading financial operations including accounting and investor relations.
“I am excited to be joining Zynga’s Board of Directors during this dynamic period of growth for the company in its mission to connect the world through games,” said Watson.
“With the increasing penetration and use of mobile phones, and the more than 2.5 billion people globally playing games by the end of 2020, Zynga is incredibly well positioned to be a force in digital entertainment, built around iconic brands and experiences that people love.”
Zynga's distinguished Board members include Gibeau, Regina Dugan, William ‘Bing’ Gordon, Louis Lavigne Jr., Carol Mills, Mark Pincus, Janice Roberts, and Ellen Siminoff.
-- BERNAMA
HKSTP unveils Global Matching 2020, set from July 16-23
KUALA LUMPUR, July 17 -- Hong Kong Science and Technology Parks Corporation (HKSTP) has launched the inaugural Global Matching 2020, set from July 16 to 23.
The business-and-investment matching programme has attracted more than 180 pre-registered world-class corporates and regional investors with an array of local and overseas technology ventures looking to grow their business.
“This event demonstrates our successful efforts to ramp up innovation and investment, as well as Hong Kong’s resilience, strengths, diversity and scale of tech venture opportunities in light of market challenges,” said HKSTP Chief Executive Officer, Albert Wong.
Under the theme of ‘One Stop to a World of Innovations’, the virtual programme is gathering 160 startups and technology ventures from 29 economies, including Mainland China, Singapore, the US and Brazil.
These companies will attend over 220 one-on-one matching meetings pre-scheduled by the corporates and the investors who are searching for innovation and opportunities, as well as solutions that will address problems in eight industry verticals.
The industry verticals are Consumer and Retail; Education; Logistics and Manufacturing; Travel and Hospitality; Finance and Insurance; Healthcare; Real Estate and Construction; and, Smart City and Government.
The highlight of the programme includes online plenary sharing on global innovations by industry leaders and investors on July 16 and a two-minute sales pitch by the technology ventures who introduce their innovative solutions addressing the industry challenges.
More details at www.hkstp.org.
-- BERNAMA
The business-and-investment matching programme has attracted more than 180 pre-registered world-class corporates and regional investors with an array of local and overseas technology ventures looking to grow their business.
“This event demonstrates our successful efforts to ramp up innovation and investment, as well as Hong Kong’s resilience, strengths, diversity and scale of tech venture opportunities in light of market challenges,” said HKSTP Chief Executive Officer, Albert Wong.
Under the theme of ‘One Stop to a World of Innovations’, the virtual programme is gathering 160 startups and technology ventures from 29 economies, including Mainland China, Singapore, the US and Brazil.
These companies will attend over 220 one-on-one matching meetings pre-scheduled by the corporates and the investors who are searching for innovation and opportunities, as well as solutions that will address problems in eight industry verticals.
The industry verticals are Consumer and Retail; Education; Logistics and Manufacturing; Travel and Hospitality; Finance and Insurance; Healthcare; Real Estate and Construction; and, Smart City and Government.
The highlight of the programme includes online plenary sharing on global innovations by industry leaders and investors on July 16 and a two-minute sales pitch by the technology ventures who introduce their innovative solutions addressing the industry challenges.
More details at www.hkstp.org.
-- BERNAMA
Mary Kay, The Nature Conservancy expand partnership to protect global waterways
KUALA LUMPUR, July 17 -- Mary Kay Inc has expanded its partnership with The Nature Conservancy to impact waterways and native species worldwide.
According to a statement, last year, Mary Kay had partnered with the conservation organisation to protect Texas fisheries and the Gulf of Mexico.
Beyond the Texas fisheries programme, Mary Kay will also support The Nature Conservancy’s programmes in Australia, New Zealand, Mexico, China, General Ocean, Solomon Islands, Colombia, Canada and Europe.
In Northern Australia, Mary Kay will partner with indigenous communities to increase women’s role in conservation, including establishing a women’s camp at Fish River Station, a 445,000-acre property in the Northern Territory.
While in New Zealand, Mary Kay and The Nature Conservancy will engage with indigenous people in sustainable aquaculture, including supporting the implementation of restorative activities in Auckland’s Hauraki Gulf to restore wild shellfish populations.
In the United Kingdom and Germany, the partnership will work to protect biodiversity and marine resources as they introduce the native European oyster. In Spain, they will work to create a water fund.
Mary Kay also sponsored EarthxOcean conference, bringing experts, researchers and conservations in a livestream to discuss topics such as the High Seas Initiative, coral reef restoration, ocean plastic solutions and sustainable fisheries.
-- BERNAMA
According to a statement, last year, Mary Kay had partnered with the conservation organisation to protect Texas fisheries and the Gulf of Mexico.
Beyond the Texas fisheries programme, Mary Kay will also support The Nature Conservancy’s programmes in Australia, New Zealand, Mexico, China, General Ocean, Solomon Islands, Colombia, Canada and Europe.
In Northern Australia, Mary Kay will partner with indigenous communities to increase women’s role in conservation, including establishing a women’s camp at Fish River Station, a 445,000-acre property in the Northern Territory.
While in New Zealand, Mary Kay and The Nature Conservancy will engage with indigenous people in sustainable aquaculture, including supporting the implementation of restorative activities in Auckland’s Hauraki Gulf to restore wild shellfish populations.
In the United Kingdom and Germany, the partnership will work to protect biodiversity and marine resources as they introduce the native European oyster. In Spain, they will work to create a water fund.
Mary Kay also sponsored EarthxOcean conference, bringing experts, researchers and conservations in a livestream to discuss topics such as the High Seas Initiative, coral reef restoration, ocean plastic solutions and sustainable fisheries.
-- BERNAMA
Cohesion seed funding accelerates transition to smart buildings in commercial real estate
KUALA LUMPUR, July 17 -- Cohesion has raised US$6.5 million in seed funding to further invest in its platform, helping commercial real estate operators integrate their buildings’ systems, enhance tenant experiences and provide actionable insights. (US$1 = RM4.265)
Led by Hyde Park Angels (HPA), the seed round also includes investments from Singapore-based multi-national real estate group, Frasers Property Group; Raj Gupta, Executive Chairman of ESD Global; and, Ken Griffin, Citadel founder and Chief Executive Officer (CEO).
As part of the investment, Steve Koch, the former Global Chair of M&A at Credit Suisse and HPA member, is joining Cohesion’s board of directors.
“COVID-19 has presented the commercial real estate industry with never-before-experienced pressure, forcing adaptation to reprioritised tenant needs of health and safety,” said Cohesion CEO and Co-Founder, Thru Shivakumar.
“Cohesion’s technology makes it much easier for owners and operators to meet this moment by equipping them with an all-in-one platform that predicts and adapts to their building’s environment and tenants’ needs.”
Meanwhile, Koch said: “With this funding in place, Cohesion will continue advancing building intelligence capabilities to unlock an entirely new class of buildings that are more flexible, resilient and data-enabled.”
Cohesion, via ‘Voice of the Employee’ survey, showed that after working remotely, most employees want to go back to the office when it is safe to return, and only eight per cent want to permanently work from home.
Making it possible for employees to safely return to work requires the implementation of smart building technology.
-- BERNAMA
Led by Hyde Park Angels (HPA), the seed round also includes investments from Singapore-based multi-national real estate group, Frasers Property Group; Raj Gupta, Executive Chairman of ESD Global; and, Ken Griffin, Citadel founder and Chief Executive Officer (CEO).
As part of the investment, Steve Koch, the former Global Chair of M&A at Credit Suisse and HPA member, is joining Cohesion’s board of directors.
“COVID-19 has presented the commercial real estate industry with never-before-experienced pressure, forcing adaptation to reprioritised tenant needs of health and safety,” said Cohesion CEO and Co-Founder, Thru Shivakumar.
“Cohesion’s technology makes it much easier for owners and operators to meet this moment by equipping them with an all-in-one platform that predicts and adapts to their building’s environment and tenants’ needs.”
Meanwhile, Koch said: “With this funding in place, Cohesion will continue advancing building intelligence capabilities to unlock an entirely new class of buildings that are more flexible, resilient and data-enabled.”
Cohesion, via ‘Voice of the Employee’ survey, showed that after working remotely, most employees want to go back to the office when it is safe to return, and only eight per cent want to permanently work from home.
Making it possible for employees to safely return to work requires the implementation of smart building technology.
-- BERNAMA
Thursday 16 July 2020
GIP announces Second Lien Term Loan investment in Ferrocarril Central
KUALA LUMPUR, July 15 -- Global Infrastructure Partners (GIP) has announced that its credit fund, GIP Spectrum Fund, L.P., along with its affiliates (GIP Spectrum) previously closed on a US$67.5 million participation in an aggregate US$75 million Second Lien Term Loan investment (the Term Loan) in Grupo Via Central S.A. (GVC). (US$1 =RM4.263)
GVC was established by Sacyr, NGE, Saceem and Berkes (the Sponsors), to design, construct, rehabilitate and maintain a 273-kilometre freight railroad connecting central Uruguay to the capital port city of Montevideo (Ferrocarril Central or the Project).
The Project is underpinned by availability payments via a Public Private Partnership contract between GVC and the Government of Uruguay (GoU) through the Ministry of Transport and Public Works.
Proceeds from the Term Loan, together with a first lien senior bank term loan, advance payments from the GoU and common equity from the Sponsors will fund the Project construction of approximately US$1.1 billion.
According to a statement, Ferrocarril Central is expected to operate in the third quarter of 2022.
The Project will allow movement of various cargo (forestry, agriculture, containers, fuel) and pulp from a greenfield 2.1 Mtpa eucalyptus pulp mill under construction in Paso de los Toros.
The Project was awarded to GVC in June last year under an availability-based concession backed by the GoU (Baa2 / BBB) for a period of 18 years, out of which approximately 3.25 years will be the construction and rehabilitation of the railroad line and 14.75 years for maintenance.
-- BERNAMA
GVC was established by Sacyr, NGE, Saceem and Berkes (the Sponsors), to design, construct, rehabilitate and maintain a 273-kilometre freight railroad connecting central Uruguay to the capital port city of Montevideo (Ferrocarril Central or the Project).
The Project is underpinned by availability payments via a Public Private Partnership contract between GVC and the Government of Uruguay (GoU) through the Ministry of Transport and Public Works.
Proceeds from the Term Loan, together with a first lien senior bank term loan, advance payments from the GoU and common equity from the Sponsors will fund the Project construction of approximately US$1.1 billion.
According to a statement, Ferrocarril Central is expected to operate in the third quarter of 2022.
The Project will allow movement of various cargo (forestry, agriculture, containers, fuel) and pulp from a greenfield 2.1 Mtpa eucalyptus pulp mill under construction in Paso de los Toros.
The Project was awarded to GVC in June last year under an availability-based concession backed by the GoU (Baa2 / BBB) for a period of 18 years, out of which approximately 3.25 years will be the construction and rehabilitation of the railroad line and 14.75 years for maintenance.
-- BERNAMA
LINTONPHARM ANNOUNCES AUTHORIZATION FROM CHINA HEALTH AUTHORITY TO PROCEED WITH A GLOBAL PHASE 3 TRIAL EVALUATING CATUMAXOMAB IN ADVANCED GASTRIC CANCER
GUANGZHOU, China, July 16 (Bernama-BUSINESS WIRE) -- LintonPharm Co. Ltd., a China-based clinical stage biopharmaceutical company focused on the development of T-cell engaging bispecific antibodies for cancer immunotherapy, today announced the China National Medical Products Administration (NMPA) authorized the company to proceed with a Phase III trial (clinicaltrials.gov: NCT04222114) for catumaxomab in patients with peritoneal carcinomatosis, a form of advanced gastric cancer that has spread to the tissue that lines the abdominal cavity.
The two-stage, multi-center, open-label, randomized, controlled registrational clinical trial will evaluate the safety and efficacy of an intraperitoneal infusion of the bi-specific antibody catumaxomab into the abdominal cavity in patients with peritoneal carcinomatosis. LintonPharm also recently received Clinical Trial Application (CTA) authorization for the same indication from the Taiwan Ministry of Health and Welfare (MOHW) and the Korea Ministry of Food and Drug Safety (MFDS).
“We are excited to re-initiate clinical development of catumaxomab which we believe may have benefit in a broad range of cancers,” said Robert Li, co-founder and CEO of LintonPharm. “Our initial development strategy is based on a robust foundation of clinical data that support the therapeutic potential of catumaxomab in advanced gastric cancer.”
Catumaxomab was the first T-cell engaging bispecific antibody approved by the European Medicines Agency (EMA) in 2009 for the treatment of malignant ascites, a fluid buildup in the peritoneal cavity that indicates the presence of malignant cells. It was later voluntarily withdrawn from the market for commercial reasons.
“Gastric cancer is the sixth most common cancer globally. Approximately 70 percent of patients are located in China and the majority of these patients are diagnosed with late stage disease. Given this high unmet need, we are hopeful that catumaxomab will offer a new treatment option to gastric patients,” said Dr. Horst Lindhofer, co-founder and Chief Scientific Officer of LintonPharm.
About Advanced Gastric Cancer with Peritoneal Carcinomatosis
Gastric cancer is the sixth most common cancer globally with an estimated incidence of 1,033,701 cases and 782,685 deaths in 2018.1 About 70 percent of gastric cancer patients are located in China, with 679,100 new cases and 489,000 deaths2 in 2015. More than 70 percent of Chinese patients are diagnosed with late stage (stage III or IV) gastric cancer. Peritoneal carcinomatosis (PC) is one of the primary causes of death in late stage gastric cancer. Approximately 20 percent of patients are diagnosed with PC before or during surgery, and more than 50 percent of patients are diagnosed with PC after cancer reduction surgery. The prognosis for gastric cancer with PC is extremely poor, with an expected survival of less than one year3. Current therapies for gastric cancer include trastuzumab for Her2 positive patients and systemic chemotherapies (1st line and 2nd line). There are limited options for patients who fail frontline therapies, especially for those who developed PC.
About Catumaxomab
Catumaxomab is a trifunctional bispecific antibody which originated from Lindis Biotech’s Triomab platform. The antibody binds to a transmembrane glycoprotein on the tumor cell--the epithelial cell adhesion molecule (EpCAM)--and CD3 on the T-cell, and also recruits immune accessory cells through FcγR binding. Catumaxomab kills tumor cells by engaging T-cell and accessory cell mediated cytotoxicity and has potential to induce long-term vaccinal effects against tumor cells due to the unique FcγR binding and activation profile.
Catumaxomab was first approved by the EMA in 2009 for the treatment of malignant ascites (MA). MA is manifested as the abnormal accumulation of fluid in the peritoneal cavity, which develops from the proliferation of peritoneal carcinomatosis tumor cells in the cavity. There are various cancers that generate MA, for example ovarian, gastric, pancreatic and colorectal cancers. Patients with MA are usually diagnosed in the advanced stages of disease and their quality of life is greatly impaired. Currently, these patients face an extremely poor prognosis with a median overall survival of one to six months.
About LintonPharm
LintonPharm Co., Ltd. is a clinical-stage, research-oriented biopharmaceutical company committed to developing innovative T cell engaging bispecific antibodies with the goal of turning malignant cancers into manageable and possibly curable diseases. The company’s lead development program is with catumaxomab, a clinically validated bispecific antibody which was the first approved T-cell engager, and its associated Triomab technology platform. LintonPharm, in collaboration with Lindis Biotech, is also developing a next generation bispecific antibody platform known as Fleximab which aims to provide better CMC developability and less immunogenicity. The LintonPharm pipeline includes several treatments in development for blood cancer and solid tumors that use the Triomab and Fleximab platforms. For more information, please visit www.lintonpharm.com.
References
The two-stage, multi-center, open-label, randomized, controlled registrational clinical trial will evaluate the safety and efficacy of an intraperitoneal infusion of the bi-specific antibody catumaxomab into the abdominal cavity in patients with peritoneal carcinomatosis. LintonPharm also recently received Clinical Trial Application (CTA) authorization for the same indication from the Taiwan Ministry of Health and Welfare (MOHW) and the Korea Ministry of Food and Drug Safety (MFDS).
“We are excited to re-initiate clinical development of catumaxomab which we believe may have benefit in a broad range of cancers,” said Robert Li, co-founder and CEO of LintonPharm. “Our initial development strategy is based on a robust foundation of clinical data that support the therapeutic potential of catumaxomab in advanced gastric cancer.”
Catumaxomab was the first T-cell engaging bispecific antibody approved by the European Medicines Agency (EMA) in 2009 for the treatment of malignant ascites, a fluid buildup in the peritoneal cavity that indicates the presence of malignant cells. It was later voluntarily withdrawn from the market for commercial reasons.
“Gastric cancer is the sixth most common cancer globally. Approximately 70 percent of patients are located in China and the majority of these patients are diagnosed with late stage disease. Given this high unmet need, we are hopeful that catumaxomab will offer a new treatment option to gastric patients,” said Dr. Horst Lindhofer, co-founder and Chief Scientific Officer of LintonPharm.
About Advanced Gastric Cancer with Peritoneal Carcinomatosis
Gastric cancer is the sixth most common cancer globally with an estimated incidence of 1,033,701 cases and 782,685 deaths in 2018.1 About 70 percent of gastric cancer patients are located in China, with 679,100 new cases and 489,000 deaths2 in 2015. More than 70 percent of Chinese patients are diagnosed with late stage (stage III or IV) gastric cancer. Peritoneal carcinomatosis (PC) is one of the primary causes of death in late stage gastric cancer. Approximately 20 percent of patients are diagnosed with PC before or during surgery, and more than 50 percent of patients are diagnosed with PC after cancer reduction surgery. The prognosis for gastric cancer with PC is extremely poor, with an expected survival of less than one year3. Current therapies for gastric cancer include trastuzumab for Her2 positive patients and systemic chemotherapies (1st line and 2nd line). There are limited options for patients who fail frontline therapies, especially for those who developed PC.
About Catumaxomab
Catumaxomab is a trifunctional bispecific antibody which originated from Lindis Biotech’s Triomab platform. The antibody binds to a transmembrane glycoprotein on the tumor cell--the epithelial cell adhesion molecule (EpCAM)--and CD3 on the T-cell, and also recruits immune accessory cells through FcγR binding. Catumaxomab kills tumor cells by engaging T-cell and accessory cell mediated cytotoxicity and has potential to induce long-term vaccinal effects against tumor cells due to the unique FcγR binding and activation profile.
Catumaxomab was first approved by the EMA in 2009 for the treatment of malignant ascites (MA). MA is manifested as the abnormal accumulation of fluid in the peritoneal cavity, which develops from the proliferation of peritoneal carcinomatosis tumor cells in the cavity. There are various cancers that generate MA, for example ovarian, gastric, pancreatic and colorectal cancers. Patients with MA are usually diagnosed in the advanced stages of disease and their quality of life is greatly impaired. Currently, these patients face an extremely poor prognosis with a median overall survival of one to six months.
About LintonPharm
LintonPharm Co., Ltd. is a clinical-stage, research-oriented biopharmaceutical company committed to developing innovative T cell engaging bispecific antibodies with the goal of turning malignant cancers into manageable and possibly curable diseases. The company’s lead development program is with catumaxomab, a clinically validated bispecific antibody which was the first approved T-cell engager, and its associated Triomab technology platform. LintonPharm, in collaboration with Lindis Biotech, is also developing a next generation bispecific antibody platform known as Fleximab which aims to provide better CMC developability and less immunogenicity. The LintonPharm pipeline includes several treatments in development for blood cancer and solid tumors that use the Triomab and Fleximab platforms. For more information, please visit www.lintonpharm.com.
References
- Freddie Bray et. al., Global Cancer Statistics 2018: GLOBOCAN Estimates of Incidence and Mortality Worldwide for 36 Cancers in 185 Countries. CA Cancer J. Clin. 2018; 68: 394-424.
- Wanqing Chen et. al., Cancer Statistics in China, 2015. CA Cancer J. Clin 2016; 66: 115-132
- China anti-cancer Association, Gastric Cancer, China Experts Consensus on Gastric Cancer with Peritoneal Carcinomatosis Prevention and Treatment;Chin J Gastrointest Surg, May 2017, Vol. 20, No. 5.
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200715005898/en/
Contact
Media:
Tara Cooper
The Grace Communication Group
tara@gracegroup.us
650-303-7306
Source : LintonPharm Co. Ltd.
https://www.businesswire.com/news/home/20200715005898/en/
Contact
Media:
Tara Cooper
The Grace Communication Group
tara@gracegroup.us
650-303-7306
Source : LintonPharm Co. Ltd.
Nippon Express (Australia) relocates, expands Melbourne facility
KUALA LUMPUR, July 15 -- Nippon Express (Australia) Pty Ltd (NE Australia), a local subsidiary of Nippon Express Co Ltd has relocated and expanded one of its facilities in Melbourne, Victoria, relaunching operations at the new location recently.
Situated in southeastern Australia, the State of Victoria has a robust manufacturing and IT/software industrial base, and it drives Australian industry in life science sectors such as pharmaceuticals and biotechnology.
Major Japanese automobile manufacturers have opted to set up operations in the state capital of Melbourne, which has consequently attracted numerous associated suppliers, according to a statement.
The Melbourne Logistics Centre consolidates two pre-existing warehouse locations into one, giving the new facility about 1.5 times more total warehouse/office space.
In addition to being close to the city of Melbourne, the Centre is about 20 minutes from Melbourne International Airport and 15 minutes from Melbourne Port, making it an excellent location for handling air and ocean cargo transport.
NE Australia's primary targets in opening this Centre are after-sales automotive parts and electrical device companies, and it is committed to strengthening its logistics functions, and provide customers with optimal transport services.
More details at http://www.nipponexpress.com/
-- BERNAMA
Situated in southeastern Australia, the State of Victoria has a robust manufacturing and IT/software industrial base, and it drives Australian industry in life science sectors such as pharmaceuticals and biotechnology.
Major Japanese automobile manufacturers have opted to set up operations in the state capital of Melbourne, which has consequently attracted numerous associated suppliers, according to a statement.
The Melbourne Logistics Centre consolidates two pre-existing warehouse locations into one, giving the new facility about 1.5 times more total warehouse/office space.
In addition to being close to the city of Melbourne, the Centre is about 20 minutes from Melbourne International Airport and 15 minutes from Melbourne Port, making it an excellent location for handling air and ocean cargo transport.
NE Australia's primary targets in opening this Centre are after-sales automotive parts and electrical device companies, and it is committed to strengthening its logistics functions, and provide customers with optimal transport services.
More details at http://www.nipponexpress.com/
-- BERNAMA
Wednesday 15 July 2020
Sangfor Incident Response service to meet Asian organisations' needs
KUALA LUMPUR, July 13 -- Sangfor Technologies, the leading vendor of network security in the APAC region has launched its Incident Response (IR) service, geared towards the unique and varied needs of small & medium organisations in the Asian market.
By 2021, a new organisation will suffer a ransomware attack every 11 seconds, according to Cybersecurity Ventures.
With small businesses a primary target of ransomware and the average cost of attacks now over US$40,000, a new security response is needed to universalise security for all. (US$1 = RM4.26)
“Having a full, in-house security expert team is expensive, and with this new cost-effective service, customers can enjoy a high-level of protection before, during and after an attack,” said Sangfor International Department President, Kaden Zhang.
Sangfor IR advantages include discovery of external threat attack surfaces, whereby external vulnerability assessment can simulate how an attacker performs reconnaissance, and gathers information to identify attack surfaces exploitable by external threats.
With security awareness enhancement, external attack surface assessment services help organisations uncover attack surfaces from the attacker perspective, and effectively eliminate any weaknesses, minimising the likeliness of attack and reducing overall security risk.
In addition, the advantages of security skills enhancement allows customers to mitigate issues based on professionals’ recommendations, prepares remediation plans, and significantly reduces the possibility of a secondary or similar attack.
-- BERNAMA
By 2021, a new organisation will suffer a ransomware attack every 11 seconds, according to Cybersecurity Ventures.
With small businesses a primary target of ransomware and the average cost of attacks now over US$40,000, a new security response is needed to universalise security for all. (US$1 = RM4.26)
“Having a full, in-house security expert team is expensive, and with this new cost-effective service, customers can enjoy a high-level of protection before, during and after an attack,” said Sangfor International Department President, Kaden Zhang.
Sangfor IR advantages include discovery of external threat attack surfaces, whereby external vulnerability assessment can simulate how an attacker performs reconnaissance, and gathers information to identify attack surfaces exploitable by external threats.
With security awareness enhancement, external attack surface assessment services help organisations uncover attack surfaces from the attacker perspective, and effectively eliminate any weaknesses, minimising the likeliness of attack and reducing overall security risk.
In addition, the advantages of security skills enhancement allows customers to mitigate issues based on professionals’ recommendations, prepares remediation plans, and significantly reduces the possibility of a secondary or similar attack.
-- BERNAMA
MARY KAY CELEBRATES 10-YEAR ANNIVERSARY OF WOMEN'S EMPOWERMENT PRINCIPLES WITH A CONTINUED COMMITMENT TO WOMEN'S LEADERSHIP AND INCLUSION
Mary Kay became a signatory of the Women’s Empowerment Principles (WEPS) on February 28, 2019. (Graphic: Mary Kay Inc.)
DALLAS, July 15 (Bernama-BUSINESS WIRE) -- According to World Economic Forum, at the current rate, it will take 140 years to achieve gender equality in top leadership positions1 and 99.5 years to have a gender equal world.2
This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20200714005391/en/
As workplaces across the globe gradually reopen amidst COVID-19 concerns, the fight for women’s empowerment in the public and private sectors must continue.
“At a time when COVID-19 crisis has exacerbated women’s vulnerabilities and gender inequality, resulting in a ‘shadow pandemic,’3 the Women’s Empowerment Principles offer critical benefits for everyone. I challenge our peers in business to make a public pledge to become gender equal. How? By hiring, developing, and promoting women and by encouraging female leadership throughout their organizations. As the world gradually rebuilds and recovers from the impact of COVID-19, back to business should, more than ever, mean inclusive business,” stated Deborah Gibbins, Chief Operating Officer (COO) at Mary Kay Inc.
“We congratulate Mary Kay for taking their first step in their WEPs journey. We consider Mary Kay a key partner in closing the gender gaps in the workplace, marketplace and community and in advancing the Sustainable Development Goals,” said Phumzile Mlambo-Ngcuka, Executive Director of UN Women.
Watch the video statement from Deborah Gibbins, COO of Mary Kay here.
Did you know? Gender Diversity for Global Workforce and Leadership at Mary Kay as of June 2020:
- Employees: 61% Female
- Exec Team: 50% Female
- VPs and above: 52% Female
- Directors and above: 59% Female
- Managers and above: 58% Female
- Market Leaders: 64% Female
- Top 10 markets: 60% Female
About Mary Kay
One of the original glass ceiling breakers, Mary Kay Ash founded her beauty company more than 56 years ago with three goals: develop rewarding opportunities for women, offer irresistible products, and make the world a better place. That dream has blossomed into a multibillion-dollar company with millions of independent sales force members in nearly 40 countries. Mary Kay is dedicated to investing in the science behind beauty and manufacturing cutting-edge skin care, color cosmetics, nutritional supplements, and fragrances. Mary Kay is committed to empowering women and their families by partnering with organizations from around the world, focusing on supporting cancer research, protecting survivors from domestic abuse, beautifying our communities, and encouraging children to follow their dreams. Mary Kay Ash’s original vision continues to shine—one lipstick at a time. Learn more at MaryKay.com.
About the Women’s Empowerment Principles
The Women’s Empowerment Principles (WEPS) guide businesses on how to promote gender equality and empower women in the workplace, marketplace, and community. Jointly established by the UN Global Compact and UN Women, the WEPs are underpinned by international labour standards and human rights and by the recognition that businesses have an important role in promoting gender equality and women’s empowerment. Adopting the seven principles is the best way that businesses can deliver on the ambitions for gender equality and women’s empowerment as outlined in the 2030 Agenda on Sustainable Development and in the 17 SDGs. Learn more at WEPS.org.
1 Women CEOs in Fortune 500 Company, 2019
2 World Economic Forum, Global Gender Gap Report, 2020
3 United Nations Secretary-General’s Policy Brief on The Impact of COVID-19 on Women, April 9, 2020
https://www.un.org/sites/un2.un.org/files/policy_
brief_on_covid_impact_on_women_9_apr_2020_updated.pdf
View source version on businesswire.com:
https://www.businesswire.com/news/home/20200714005391/en/
Contact
Mary Kay Inc. Corporate Communications
marykay.com/newsroom
972.687.5332 or media@mkcorp.com
Source : Mary Kay
EFINIX® ANNOUNCES TRION® TITANIUM FPGA FAMILY
SANTA CLARA, Calif., July 15 (Bernama-GLOBE NEWSWIRE) -- Efinix®, an innovator in programmable product platforms and technology, today announced its Trion® Titanium FPGA family.
EFINIX® ANNOUNCES TRION® TITANIUM FPGA FAMILY
EFINIX® ANNOUNCES TRION® TITANIUM FPGA FAMILY
Tuesday 14 July 2020
Ovid Therapeutics, Angelini Pharma enter agreement on Angelman syndrome treatment in Europe
KUALA LUMPUR, July 14 -- Biopharmaceutical company, Ovid Therapeutics Inc (Ovid) and Angelini Pharma S.p.A. (Angelini Pharma) have entered into an exclusive licence agreement to develop, manufacture and commercialise OV101 for the treatment of Angelman syndrome in Europe.
“We believe this partnership with Angelini will help to maximise the potential commercial value of OV101 and achieve our strategic objectives in this important geography,” said Ovid Therapeutics Chairman and Chief Executive Officer (CEO), Jeremy Levin, DPhil, MB, BChir.
Angelini Pharma will be responsible to develop, manufacture and commercialise OV101 (gaboxadol) for the potential treatment of Angelman syndrome in the European Union and other countries in the European Economic Area (Switzerland, Turkey and the United Kingdom) and Russia.
According to a statement, Angelini Pharma will execute the agreement through its new affiliate Angelini Pharma Rare Diseases AG, while Ovid will retain all US and rest-of-world commercial rights to OV101.
“Through our collaboration with Ovid Therapeutics, we are laying the foundation to developing innovative health solutions for rare diseases, in line with Angelini Pharma’s new strategy,” said Angelini Pharma CEO, Pierluigi Antonelli.
Under the terms of the agreement, Ovid will receive an upfront payment of US$20 million and is eligible to receive up to an additional US$212.5 million in payments upon the achievement of development, manufacturing and sales milestones, in addition to double-digit royalties on net sales if successfully commercialised. (US$1 = RM4.268)
Rothschild & Co acted as advisor to Ovid on the collaboration agreement.
-- BERNAMA
“We believe this partnership with Angelini will help to maximise the potential commercial value of OV101 and achieve our strategic objectives in this important geography,” said Ovid Therapeutics Chairman and Chief Executive Officer (CEO), Jeremy Levin, DPhil, MB, BChir.
Angelini Pharma will be responsible to develop, manufacture and commercialise OV101 (gaboxadol) for the potential treatment of Angelman syndrome in the European Union and other countries in the European Economic Area (Switzerland, Turkey and the United Kingdom) and Russia.
According to a statement, Angelini Pharma will execute the agreement through its new affiliate Angelini Pharma Rare Diseases AG, while Ovid will retain all US and rest-of-world commercial rights to OV101.
“Through our collaboration with Ovid Therapeutics, we are laying the foundation to developing innovative health solutions for rare diseases, in line with Angelini Pharma’s new strategy,” said Angelini Pharma CEO, Pierluigi Antonelli.
Under the terms of the agreement, Ovid will receive an upfront payment of US$20 million and is eligible to receive up to an additional US$212.5 million in payments upon the achievement of development, manufacturing and sales milestones, in addition to double-digit royalties on net sales if successfully commercialised. (US$1 = RM4.268)
Rothschild & Co acted as advisor to Ovid on the collaboration agreement.
-- BERNAMA
Polyplastics Targets Duranex(R) PBT Grades For Autonomous Driving Applications
TOKYO, July 14, 2020 /Kyodo JBN-AsiaNet/ --
As the automotive industry makes a strong shift to electric vehicles, Polyplastics Co., Ltd., a leading global supplier of engineering plastics, sees strong potential for its innovative resin products in Advanced Driver-Assistance Systems (ADAS) parts that enable autonomous driving. The company's DURANEX(R) PBT materials--targeted for actuators and communications equipment--deliver strong durability, alkali resistance, hydrolysis resistance, and heat shock resistance.
Photo: https://kyodonewsprwire.jp/prwfile/release/M100475/202007061674/
_prw_PI1fl_3qBq5F6m.jpg
In by-wire systems, the actuator requires a higher level of reliability as ADAS parts become more sophisticated and electronic controls become automated. Polyplastics' DURANEX(R) PBT is chosen for many electric actuator parts because it capably continues to perform even in harsh environments. Underbody parts are exposed to water and snow-melting agents from road surfaces as well as oil and other substances. These parts also heat up since they are close to the engine, motor, and other heat-generating parts. As a result, PBT is chosen in many actuator parts due to its high heat resistance, superior chemical resistance, and low rate of water absorption.
DURANEX(R) PBT 330HR, 531HS, and 532AR are grades with the superior durability (hydrolysis resistance) to withstand conditions such as these. DURANEX 532AR has resistance to alkali matter and does not easily experience stress cracking even when in contact with rust fluid from metal. This makes it optimal for parts on the underside of cars.
In communications equipment, flame-retardant PBT resins are also in demand in motor applications exposed to high voltages, batteries, and charging parts. DURANEX(R) PBT 750AM is a UL V-0 grade with a high level of durability in car-mounted environments. Since it also possesses the ability to stabilize the shapes of cases and connectors, this grade is increasingly being used in auto parts that require flame retardancy in recent years.
Please visit:
https://www.polyplastics.com/en/product/lines/pbt_adas/index.html
About Polyplastics
The Polyplastics Group is a global leader in the development and production of engineering thermoplastics. The Group's product portfolio includes PBT, polyoxymethylene (POM), polyphenylene sulfide (PPS), liquid crystal polymer (LCP), and cyclic olefin copolymer (COC). With more than 50 years of experience, the company is backed by a strong global network of R&D, production, and sales resources.
DURANEX(R) is a registered trademark of Polyplastics Co., Ltd. in Japan and other countries.
Source: Polyplastics Co., Ltd.http://mrem.bernama.com/viewsm.php?idm=37736
As the automotive industry makes a strong shift to electric vehicles, Polyplastics Co., Ltd., a leading global supplier of engineering plastics, sees strong potential for its innovative resin products in Advanced Driver-Assistance Systems (ADAS) parts that enable autonomous driving. The company's DURANEX(R) PBT materials--targeted for actuators and communications equipment--deliver strong durability, alkali resistance, hydrolysis resistance, and heat shock resistance.
Photo: https://kyodonewsprwire.jp/prwfile/release/M100475/202007061674/
_prw_PI1fl_3qBq5F6m.jpg
In by-wire systems, the actuator requires a higher level of reliability as ADAS parts become more sophisticated and electronic controls become automated. Polyplastics' DURANEX(R) PBT is chosen for many electric actuator parts because it capably continues to perform even in harsh environments. Underbody parts are exposed to water and snow-melting agents from road surfaces as well as oil and other substances. These parts also heat up since they are close to the engine, motor, and other heat-generating parts. As a result, PBT is chosen in many actuator parts due to its high heat resistance, superior chemical resistance, and low rate of water absorption.
DURANEX(R) PBT 330HR, 531HS, and 532AR are grades with the superior durability (hydrolysis resistance) to withstand conditions such as these. DURANEX 532AR has resistance to alkali matter and does not easily experience stress cracking even when in contact with rust fluid from metal. This makes it optimal for parts on the underside of cars.
In communications equipment, flame-retardant PBT resins are also in demand in motor applications exposed to high voltages, batteries, and charging parts. DURANEX(R) PBT 750AM is a UL V-0 grade with a high level of durability in car-mounted environments. Since it also possesses the ability to stabilize the shapes of cases and connectors, this grade is increasingly being used in auto parts that require flame retardancy in recent years.
Please visit:
https://www.polyplastics.com/en/product/lines/pbt_adas/index.html
About Polyplastics
The Polyplastics Group is a global leader in the development and production of engineering thermoplastics. The Group's product portfolio includes PBT, polyoxymethylene (POM), polyphenylene sulfide (PPS), liquid crystal polymer (LCP), and cyclic olefin copolymer (COC). With more than 50 years of experience, the company is backed by a strong global network of R&D, production, and sales resources.
DURANEX(R) is a registered trademark of Polyplastics Co., Ltd. in Japan and other countries.
Source: Polyplastics Co., Ltd.http://mrem.bernama.com/viewsm.php?idm=37736
Monday 13 July 2020
Seaborn charts course upon emerging from Chapter 11 of Seabras-1 entities
KUALA LUMPUR, July 13 -- Seaborn has appointed board members, Pete Hayes and Don Shassian, as Interim Chief Executive Officer (CEO) and Interim CFO, respectively.
According to a statement by the subsea cable systems operator, this follows the successful emergence from Chapter 11 of Seabras-1 entities.
Seaborn Co-Founder and Chief Operating Officer, Andy Bax said: “Our world-class team will continue to work hard to deliver innovative advancements and new, industry-leading solutions for our customers and partners for years to come.”
Seaborn’s innovation, expertise and customer-commitment and Partners Group’s global reach and operational experience will allow Seaborn to continue to grow in capability and service offerings beyond cable operation and ownership.
Partners Group is a global private markets investment manager and owner of Seaborn on behalf of its clients.
“Together with our partners, we are the only network and services provider across the Americas ideally positioned to help our customers by providing the right solutions with more agility than ever before,” said Bax.
Seaborn’s services are provided with the stability of diversified subsea and terrestrial routes delivering fault resilient network architectures, increased security and improved QoS.
-- BERNAMA
According to a statement by the subsea cable systems operator, this follows the successful emergence from Chapter 11 of Seabras-1 entities.
Seaborn Co-Founder and Chief Operating Officer, Andy Bax said: “Our world-class team will continue to work hard to deliver innovative advancements and new, industry-leading solutions for our customers and partners for years to come.”
Seaborn’s innovation, expertise and customer-commitment and Partners Group’s global reach and operational experience will allow Seaborn to continue to grow in capability and service offerings beyond cable operation and ownership.
Partners Group is a global private markets investment manager and owner of Seaborn on behalf of its clients.
“Together with our partners, we are the only network and services provider across the Americas ideally positioned to help our customers by providing the right solutions with more agility than ever before,” said Bax.
Seaborn’s services are provided with the stability of diversified subsea and terrestrial routes delivering fault resilient network architectures, increased security and improved QoS.
-- BERNAMA
Thursday 9 July 2020
MobileIron unveils mobile phishing protection for iOS, Android devices
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MobileIron offers complete mobile phishing protection. Built on MobileIron’s UEM product, MobileIron Threat Defense offers on-device and cloud-based phishing protection for iOS and Android devices. To further reduce the risk of data breaches that result from stolen credentials, organizations can implement MobileIron zero sign-on for secure and passwordless authentication to enterprise cloud services. (Graphic: Business Wire)
KUALA LUMPUR, July 9 -- MobileIron, the mobile-centric security platform for Everywhere Enterprise has announced multi-vector mobile phishing protection for iOS and Android devices to help organisations defend against one of the top cybersecurity threats.
MobileIron Threat Defense (MTD) now offers on-device and cloud-based phishing URL database lookup to detect and remediate phishing attacks across all mobile threat vectors, including text and SMS messages, instant messages, social media and other modes of communication, beyond just corporate email.
Verizon’s 2020 Data Breach Investigations Report found that credential theft and social attacks such as phishing cause the majority of breaches, with almost one-quarter (22 per cent) of all data breaches involving phishing specifically.
Credentials were the most common attribute compromised in phishing attacks, although many other data types were also well represented, according to a statement.
Built on MobileIron’s leading unified endpoint management (UEM) product, MTD offers immediate, on-device phishing protection, whereby no end user action is required to deploy MTD on mobile devices that are enrolled in MobileIron’s UEM client as this is remotely managed by IT departments.
As a result, organisations can achieve 100 per cent user adoption, without impacting productivity. MobileIron is the only solution in the market that can automatically deploy mobile threat protection without users needing to take any action.
Organisations can choose whether to expand MTD’s multi-vector phishing protection to include cloud-based phishing URL database lookup. This enables organisations to control the balance between security and user privacy.
MobileIron’s multi-vector phishing protection is now available on iOS devices. These capabilities will extend to Android devices soon.
-- BERNAMA
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