Category: News and Announcements
JYG Australia Limited (“JYG” or “Company”) is pleased to announce the successful lodgement of its Prospectus with the Australian Securities and Investments Commission (ASIC) and the commencement of the Company’s Roadshow presentations in order to raise $3.4 million and list on the Australian Securities Exchange (ASX).
The Prospectus offers 17 million shares at an issue price of $0.20 per share to raise $3.4 million. Following a successful capital raising and on listing, JYG’s market capitalisation will be approximately $17 million.
JYG is aiming to be the leading firm of professional services in Australia focusing on Asian in-bound capital. Taking a multidisciplinary approach, JYG is the holding company of the TST Partners Group of companies and advises on transactions for Asian investors by providing them with high-quality accounting, legal and financial services (see Figure 1).
JYG generates revenue by providing a multidisciplinary approach to professional services. The Company’s proactive model starts from advising on deals and transactions through to ongoing compliance and advice. This allows the Company to provide maximum value to every client by offering a suite of integrated professional services that provides comprehensive business and capital investment advice.
Figure 1. JYG’s client service model
In commenting on JYG’s Prospectus launch, Francis Gu, … Read More »
CropLogic Limited (ASX: CLI) (CropLogic) is pleased to announce the appointment of its new Chief Operating Officer (COO), Mr David de Cuevas, to focus on the expansion of operations and actively meet and exceed customer expectations.
David joins CropLogic from his most recent role as General Manager Business Sales Performance for 2degrees New Zealand. A technology professional, David has extensive experience within the financial services, manufacturing, telecommunication, and technology sectors. David’s career has included many senior service delivery roles, perhaps most notably as Chief Operating Officer at Snap – a three time winner of New Zealand’s Internet Service Provider of the Year Award. Raised in Queensland, David has established an impressive professional portfolio that also includes roles at General Cable, PayGlobal, Truescape, Qantas, National Australia Bank (NAB), and NM Rothschild & Sons, and highlights experience in both the Australian and New Zealand markets.
Announcing the appointment, Managing Director Mr Jamie Cairns said:
“David is an outstanding individual to lead the Company’s operations in its upcoming deployment of up to 1,000 new probes into the United States.
“David has a long and extensive track record in operational leadership and strategic development. He has played a major role in implementing organisational processes, measurement systems, and overseeing … Read More »
CropLogic Limited (ASX: CLI) (CropLogic) is pleased to announce that development of a mobile phone application (App) is nearing completion and will be released in time for the upcoming US crop-growing season. It is expected that this App will provide a platform for the addition of further premium decision-support tools.
CropLogic’s Research and Development team have worked to produce a compelling user interface that is both intuitive and informative for CropLogic’s clients. The App provides growers with immediate in-field access to critical information relating to their crops in a simple and concise manner.
Growers can immediately identify fields with issues such as inadequate water supply from a single view. The App includes an aerial view of the field showing the location of the in-field sensors, a history of irrigation patterns and soil moisture trends, and other information relevant to the grower. Alerts and status are configurable either by the user themselves, or with the assistance of one of CropLogic’s highly-skilled agronomists.
Demonstrated in December 2017 in Pasco, Washington State, the prototype was received with exceptional user support.
The underlying delivery platform is designed to be both scalable and fault-tolerant, and utilises various cloud services provided by Amazon. By using a major provider, CropLogic is … Read More »
Media Release: Timah Resources to Increase Revenue & Plant Efficiency With Biogas Engines Replacement
Timah Resources Limited (ASX: TML) (“Timah Resources” or “Company”) is pleased to announce that the application of the Company’s wholly owned subsidiary, Mistral Engineering Sdn Bhd (“Mistral”), to the Sustainable Energy Development Authority Malaysia (SEDA) for the engines presently used at the Company’s Biogas Power Plant to be replaced by more efficient biogas engines, has been approved.
Timah Resources will replace four existing engines (1 x 1.204 MW engine, 3 x900kW engines) with three new 1.200MW biogas engines, made and assembled locally (Malaysia). These new biogas engines will meet SEDA’s bonus criteria that require the units to have an electrical efficiency above 40%. The local assembly of the engines also meets the additional bonus criteria.
The new biogas engines are expected to generate an additional revenue estimated around AU$1.59 million (RM$5 million) per annum, in comparison to the existing revenue before the engine replacement. This additional revenue is expected to be generated from Mistral meeting the additional SEDA bonus criteria and the improvement in performance. The new engines will be expected to achieve higher operational efficiency, lower maintenance costs and improved plant performance.
Mr Soong Swee Koon, Chief Operating Officer of Timah Resources, said:
“Receiving this approval by SEDA is an important milestone for … Read More »
Eagle Health Holdings Limited (ASX: EHH) (“Eagle Health” or “Company”) is pleased to announce that as part of the Company’s dedication to the engagement and education of consumers about the risks, prevention and management of diabetes, Eagle Health has officially opened four diabetes Education and Experience stores in Xiamen, China, with more stores, in additional provinces throughout China, expected to begin opening from next month.
The four Education and Experience stores were opened on 1 December in Eagle Health’s home city, Xiamen, with the official opening ceremony held on 23 December. The ceremony was attended by 200 guests and garnered an impressive amount of participation and public interest.
With the International Diabetes Federation (IDF) 2017 Diabetes Atlas highlighting that China has 114.4 million people with diabetes, with this number projected to increase significantly in the future, Eagle Health is dedicated to helping to educate the community about diabetes and diabetes management. In order to spread this awareness, the Company is aiming to open stores beyond Xiamen and into other Chinese regions with the first of these new stores to be opened in late February.
Mr Zhang Mingwang, Managing Director of Eagle Health, said:
“Eagle Health’s mission is to integrate the best part of both … Read More »
Knosys Ltd (ASX: KNO) (“Knosys”) is pleased to announce that SBS Bank in New Zealand has entered into an agreement with Knosys for deployment of the Knosys knowledge management platform. The multi-year contract follows an RFI process commenced by SBS Bank in May 2017. The total contract value is expected to exceed $320,000 over the initial contract term of 3 years. Knosys will commence project activities immediately with a “Go-Live” date in March 2018.
Mark McLean, SBS Bank’s Chief Risk Officer, said the partnership would enable Bank staff to better utilise enterprise knowledge which would lead to greater efficiencies.
“The Knosys platform will allow staff to quickly and efficiently access information and processes, improving their day to day tasks. We particularly like the ability to service the needs of multiple business units’ through the software.”
In commenting on the contract, Mr John Thompson, CEO of Knosys, said:
“We look forward to partnering with SBS Bank and delivering a company wide solution that will manage information and content to their front-line teams in the call centre, mobile banking and branches. Knosys will become the central repository of business information that will be consumed by other applications and solutions which are part of SBS Bank’s digital … Read More »
CropLogic Limited (ASX: CLI) held the Company’s Annual General Meeting (AGM) today, 12 December 2017.
CropLogic has released the Investor Presentation shared at the AGM. Please click here to access the Presentation.
For more information please visit: https://www.croplogic.com/
For further information please contact:
Rod North, Managing Director
Bourse Communications Pty Ltd
T: (03) 9510 8309, M: 0408 670 706
Media Release: Eagle Health Begins Shipment of New Diabetes Product, & Opens Diabetes Education & Experience Outlets
Eagle Health Holdings Limited (ASX: EHH) (“Eagle Health” or “Company”) is pleased to announce that as part of its strategy to leverage efficacious, clean green Australian ingredients and brands into the China market, the Company has begun shipping the Australian developed and clinically proven diabetes pre-meal shake in Xiamen and opened four diabetes education and experience stores.
Eagle Health exclusively manufactures, markets and distributes the Australian clinically proven pre-meal shake product for Type 2 diabetes and Pre-Type 2 diabetes throughout mainland China through the Company’s extensive network of pharmacies and other retail outlets.
Following the Company’s board meeting at Eagle’s Xiamen office on 29 November 2017, the Eagle Health Australian and Chinese Board members reviewed marketing initiatives prior to launch.
Eagle Health began its national roll-out in Xiamen, the Company’s home city, on 1st December 2017 and opened four diabetes education and experience outlets in Xiamen to engage directly with consumers and ensure ongoing establishment of consumer insights.
Xiamen recently became the ninth city in the world to launch the Change Diabetes Project (“Project”). The Project will study current incidence of diabetes in Xiamen, raise the awareness of the urban residents about diabetes, and assist the community to better jointly cope with the challenges … Read More »
Bluechiip Limited (ASX: BCT) (Bluechiip), a leader in the development of sample tracking technology for harsh environments, today announced that a licensed Original Equipment Manufacturer (OEM) partner in the United States has placed orders for Bluechiip chips, readers, software and services valued at over A$1 million.
This licensed OEM partner will use Bluechiip-enabled consumables to address a variety of markets in Life Sciences including cryogenics, drug screening, cell therapy as well as forensics.
Bluechiip will supply its U.S. partner with chips, readers and software, all of which are either in production or progressing to production.
The sale follows the signing in April this year of a license and supply agreement between Bluechiip and the U.S. based OEM, allowing our partner to buy, utilize, sell, market and promote Bluechiip’s intellectual property, technology and products.
Bluechiip Managing Director Andrew McLellan said:
“These are our largest orders to date and we expect it will be the start of significant growth for the company.
“The orders are further validation of our partnering strategy, which we put in place two years ago.
“We are delighted our OEM partner continues to progress into multiple markets within the Life Sciences arena.”
About Bluechiip Limited
Founded in 2003 and ASX listed in 2011 (ASX: BCT), Bluechiip has … Read More »
Zaige Waste Management Holding Group (Aus) Ltd (“Zaige” or “Company”) is pleased to announce the successful lodgement of its Prospectus with the Australian Securities and Investments Commission (ASIC) and the commencement of the Company’s Roadshow presentations in order to raise up to $20 million and list on the Australian Securities Exchange (ASX). It is expected the Company will list on the ASX on Friday 29th December.
The Prospectus offers 100 million shares at an issue price of $0.20 per share to raise up to $20 million with a minimum share subscription of $14 million representing the issuing of 70 million shares at $0.20 per share. Following a successful capital raising and on listing, Zaige’s market cap will be in the range of $70 million to $76 million.
Zaige’s major organisational focus is the Zaige Business, a recycling company in Hebei Province, China, which Zaige owns indirectly through wholly owned subsidiaries (the Zaige Group). Currently, the materials processed and recycled by the Zaige Business are scrap steel and waste plastics. Once processed, these scrap materials are converted into crushed steel pellets, steel sheets, plastic chips, plastic granules and plastic industrial products.
In commenting on Zaige’s Prospectus launch Andrew Thomson, Non Executive Chairman of Zaige, … Read More »