Media OutReach
SIBUR Unveils Proprietary Catalyst
The innovation aims to ensure technological independence in the production chain for polypropylene, one of the most in-demand synthetic materials in the market today. SIBUR currently produces approximately 2 million tonnes of polypropylene annually, supplying both the domestic and international markets. The company is now building a new production complex that will position Russia as one of the biggest global producers of polypropylene.
The catalyst, named Nobel, is used in the propane dehydrogenation process to produce propylene, which is then converted into polypropylene – a crucial polymer for various industries. Polypropylene is widely used in manufacturing packaging materials, medical devices, polymer pipes for water supply and heating systems, as well as automotive components.
The main challenge in developing the catalyst was creating a stable and efficient support system in the form of alumina oxide spheres. Previously, this support material was imported from Europe, with only three countries worldwide possessing the necessary production technology. Through a combination of laboratory research and production testing, SIBUR successfully developed a catalyst comparable to leading imported alternatives within a short time frame
Hashtag: #SIBUR
The issuer is solely responsible for the content of this announcement.
Media OutReach
IGC Allots and Issues 110,000,000 Subscription Shares
Raising Over HK$300 Million for Strategic Development
HONG KONG SAR – Media OutReach Newswire – 13 December 2024 – International Genius Company (“IGC“, stock code: 0033.HK) is pleased to announce that, has successfully signed Subscription Agreement with independent third parties after trading hours on 12 December 2024. IGC has conditionally agreed to allot and issue 110,000,000 Subscription Shares at the Subscription Price of HK$2.75 per Subscription Share (same to the closing price as quoted on the Stock Exchange on the Subscription Agreement), estimated funding of approximately HK$302 million is intended to be used to support the Company’s strategic development and to replenish general operational funds.
If the Subscription Shares are fully subscribed, the Subscriber and its ultimate beneficial owner, Ms. Han Jia, will become Substantial Shareholder of IGC, holding approximately 16.46% of the issued share capital of the Company as enlarged by the allotment and issue of the Subscription Shares and thus a Connected Person. The Subscription Price was negotiated on an arm’s length basis between the Company and the Subscriber and was determined with reference to the latest business performance and financial position of the Company etc., the Subscription price is same to closing price as quoted on the Stock Exchange on the Subscription Agreement, also a premium of approximately 9.56% to the average of the closing prices of approximately HK$2.51 per Share as quoted on the Stock Exchange for the last five consecutive trading days, indicates that the Subscribers have complete confidence in IGC.
To address the increasingly complex international environment and fluctuations in the capital markets, IGC believes it is necessary to collaborate with Shareholders who can provided stable and long-term companionship as the Company grows. Through equity financing, we aim to supply the Company’s operations with a more stable source of funding. Since the beginning of this year, IGC has been undergoing strategic transformation and is steadily moving forward towards becoming a provider of AI trading technology solutions. It has successfully acquired Deep Neural Computing Company Limited, a leading R&D and application company specializing in artificial intelligence, deep neural networks, distributed computing, and quantitative trading algorithms. IGC has since expanded its technology-driven investment management business. The Subscription would raise additional funds for the business development of the Company, strengthen the financial position, broaden the shareholder and capital base of the Company so as to facilitate its future development.
Hashtag: #IGC #SubscriptionShares #AI
The issuer is solely responsible for the content of this announcement.
About International Genius Company
The International Genius Company (IGC, stock code: 0033. HK) is a Chinese-led AI trading technology solution provider. With top AI R&D capabilities and quantitative trading experience, IGC strives to combine advanced technology with market insights, and is working to redefine financial asset trading through AI. Based on cutting-edge technologies such as neural networks and distributed computing and massive data analysis capabilities, IGC provides customized one-stop scalable AI trading technology solutions for investment institutions, asset management companies, family offices, etc.
Media OutReach
Shaping a Sustainable Future: Asia’s Visionary Business Leaders and Corporations Redefine Excellence at ACES Awards 2024
In Brunei, two leaders in sustainability and innovation underscore the country’s steady ascent on the regional stage. Network Integrity Assurance Technologies (NIAT) Sdn. Bhd., a 100% locally owned company, has distinguished itself through cutting-edge satellite communications and geospatial solutions, coupled with IoT and AI integration that strengthen essential sectors like oil, gas, and government services. Similarly, Heidelberg Materials Butra Sdn Bhd, part of a global industry group, has been named one of Asia’s Most Influential Companies for its forward-looking sustainability commitments, successfully blending financial performance with environmental stewardship and employee well-being—an example that resonates throughout the building materials industry.
Hong Kong’s honourees illustrate how visionary leadership can transform entire markets. Paul Lui, CEO of United Asia Finance Limited (UA), named an Outstanding Leader in Asia, has guided the company’s remarkable evolution into a trusted financial service provider, expanding its accessibility, convenience, and market reach through first-to-market online loan solutions. Joining him in recognition, Mr. Luk Hok Keung of Town Ray Holdings, awarded as one of Asia’s Most Inspiring Executives, has harnessed two decades of expertise to drive global innovation in electrothermic household appliances. Under his guidance, Town Ray’s robust patent portfolio, talent development, and ethical practices have secured its leadership position in a competitive international arena.
Across the Indian Ocean in the Maldives, State Electric Company Limited PLC (STELCO)—lauded as Industry Champions of the Year—highlights how sustainable energy solutions can power both national progress and environmental responsibility. Its ambitious renewable energy targets, extensive grid network, and integration of advanced technologies such as Solar PV and Battery Energy Storage Systems exemplify how bold commitments to green innovation can shape a nation’s future.
Vietnam’s honourees present a vibrant tapestry of brand excellence and workplace innovation. Highlands Coffee Joint Stock Company, celebrated as one of Asia’s Most Influential Companies, has built a strong regional presence through unwavering quality, authenticity, and a forward-looking approach to healthier, sustainable offerings. Meanwhile, Binh Tien Consumer Goods Manufacturing Limited Company (BITIS), earning the Inspiring Workplaces in Asia accolade, sets a benchmark for employee-centric innovation. Its “Happy BITIS” initiative not only fosters personal growth and well-being within the organisation, but also anchors the company’s success and longevity in the global footwear market.
In Nepal, Tim Gocher OBE of Dolma Impact Fund, recognised as one of Asia’s Most Inspiring Executives, demonstrates how directing capital and expertise into strategic sectors—technology, renewable energy, healthcare, and manufacturing—can yield significant social and environmental returns. His approach creates jobs, reduces greenhouse gas emissions, and nurtures local business ecosystems, showing that impact investing is both a growth strategy and a catalyst for meaningful change.
Finally, Sri Lanka’s Pee Bee Management Services (Pvt) Ltd., known for its “Flora Tissues” brand and celebrated as one of Asia’s Best Performing Companies, exemplifies how a commitment to innovation, sustainability, and consumer satisfaction can elevate a homegrown enterprise to industry leadership. By introducing eco-friendly products and expanding its portfolio with smart, responsible growth initiatives, Pee Bee embodies the spirit of continuous improvement that the ACES Awards champion.
Collectively, these winners reflect the breadth and depth of Asia’s thriving business ecosystem and its capacity to redefine what success means in a rapidly changing world. Their strategies—ranging from clean energy integration and advanced technology deployment to inclusive workforce development and ethical resource management—demonstrate that sustainable practices are not a constraint, but a springboard to new forms of innovation and expanded capabilities.
Hashtag: #ACESAwards2024 #RegionalRecognition #leadershipexcellence #Sustainability #SustainableCompanies #responsibleleaders #outstandingentrepreneurs
The issuer is solely responsible for the content of this announcement.
About ACES Awards
The ACES Awards, organized by MORS Group, recognize and celebrate the region’s most exemplary leaders, companies, and initiatives. By spotlighting transformative approaches to leadership and corporate excellence, the awards inspire continued innovation, promote sustainable practices, and encourage inclusive growth throughout Asia’s diverse and dynamic business ecosystem.
Media OutReach
CHKLC Announced Winners of Hong Kong Corporate Governance & ESG Excellence Awards 2024
Hong Kong Listed Companies with Increasing Focus on ESG Practices
Top Performing Companies Adopted Robust Governance Structure
HONG KONG SAR – Media OutReach Newswire – 12 December 2024 – Catherine Leung, Chairperson of the Chamber of Hong Kong Listed Companies (CHKLC) said at the Hong Kong Corporate Governance & ESG Excellence Awards 2024 (Awards) Gala Dinner tonight, “Hong Kong is at the stage of transition faced with most ever uncertainties. Opportunities still lie ahead for the city’s market capital, trade and logistics businesses, if we play it well.” Many local listed companies took no time to showcase their readiness. The 2024 Awards have received the highest number of entries with more companies making voluntary compliance with the best practices of Global Climate Change-related protocol and standards.
The Awards 2024 include six-sub-groups – Hang Seng Index Constituent Companies (HSI), Hang Seng Composite Index Constituent Companies, Hang Seng China (Hong Kong-listed) 100 Index Constituent Companies, Weighted Voting Rights and Pre-revenue Companies, Others & GEM Companies, and Newly-listed Companies. Companies excelling in the areas of corporate governance or the ESG practices (environmental, social and governance) will be recognized.
It is interesting to note that the entries for the ESG Award Category this year have surpassed those for the Corporate Governance Award Category, underlying the rising prominence of ESG as a key corporate performance yardstick for local listed companies.
This year’s Awards have also witnessed entries from more diverse businesses – not only from the traditional industries such as real estate, financial services and manufacturers but also from the digital industries such as the artificial intelligence and social media as well as the advanced technology companies, highlighting the changing landscape of listed companies in Hong Kong.
Lenovo Group Ltd and Budweiser Brewing Company APAC Limited 1876 took away awards in both Corporate Governance and the ESG streams under the HSI category. Sino Land Company Limited 83 and China Resources Pharmaceutical Group Limited 3320 are winners in both awards under the Hang Seng China (Hong Kong-listed) 100 Index Constituent Companies category. This is a testament that local listed companies are putting emphasis on not only their corporate governance performance but also their ESG standards, at a time that sustainable business and green commitment will bring investment value to them (See Appendix 1 for full list of winners).
Judges commended the winning companies under the Corporate Governance Awards Category have adopted robust governance practices and structure fuelling their business growth and share prices. They have demonstrated their risk management and internal control system are in place and have shown readiness for board diversity, improved communication with shareholders and a clear dividend policy.
Winning companies under the ESG Award Category have also won the judges’ applause. All of them have adopted comprehensive ESG strategies. Some companies have even made voluntary compliance with the best practices of Global Climate Change-related protocol and standards and are committed to creating a roadmap for decarbonisation.
The Gala Dinner was graced by Dr Dennis Lo, the Vice-Chancellor Designate of the Chinese University of Hong Kong and the pioneer of the groundbreaking non-invasive prenatal testing, to deliver a speech. He spoke on his very own journey in life sciences and his vision for Hong Kong as a science and innovation hub. His sharing has truly inspired Hongkongers to create and seize opportunities in this challenging time.
The annual Awards Programme aims to establish a benchmark for the highest level of corporate governance and ESG of listed companies in Hong Kong. It encourages companies to come forward and showcase their policies, strategies and best practices in corporate governance and ESG, celebrate success and set an example for other companies to follow.
Vistra is the title sponsor of the Awards 2024 Gala Dinner. Mr Hailiang Zhang, Business Head and Regional Managing Director, Greater China of Vistra, said the company was pleased with the sponsorship, which aligns with the company’s focus on enhancing companies’ corporate governance, encouraging robust and effective decision-making through processes, practices, and policies, and promoting ESG practices that help businesses create value and achieve growth.
Appendix 1
Hong Kong Corporate Governance and ESG Excellence Awards 2024 Winners
Award of Excellence in Corporate Governance |
Hang Seng Index Constituent Companies
« Budweiser Brewing Company APAC Limited (Stock Code: 1876) « China Life Insurance Company Limited (Stock Code: 2628) « Lenovo Group Limited (Stock Code: 992) |
Hang Seng Composite Index Constituent Companies
« China Resources Pharmaceutical Group Limited (Stock Code: 3320) « Sino Land Company Limited (Stock Code: 83) |
Others & GEM Companies
« Blue Moon Group Holdings Limited (Stock Code: 6993) Honourable Mention « SF Real Estate Investment Trust (Stock Code: 2191) |
Newly-listed Companies
« Hangzhou SF Intra-city Industrial Co., Ltd. (Stock Code: 9699) |
Award of Excellence in ESG |
Hang Seng Index Constituent Companies
« Budweiser Brewing Company APAC Limited (Stock Code: 1876) « China Overseas Land & Investment Ltd. (Stock Code: 688) « China Resources Beer (Holdings) Company Limited (Stock Code: 291) « Henderson Land Development Company Limited (Stock Code: 12) « Lenovo Group Limited (Stock Code: 992) « Link Real Estate Investment Trust (Stock Code: 823) Honourable Mention « China Resources Power Holdings Company Limited (Stock Code: 836) |
Hang Seng Composite Index Constituent Companies
« China Resources Pharmaceutical Group Limited (Stock Code: 3320) « Sino Land Company Limited (Stock Code: 83) « Yuexiu Property Company Limited (Stock Code: 123) Honourable Mention « Luk Fook Holdings (International) Limited (Stock Code: 590) « NWS Holdings Limited (Stock Code: 659) « Sinopec Kantons Holdings Limited (Stock Code: 934) « Xtep International Holdings Limited (Stock Code: 1368) |
Weighted Voting Rights and Pre-profit Companies
Honourable Mention « XtalPi Holdings Limited (Stock Code: 2228)
|
Others & GEM Companies
« Allied Sustainability and Environmental Consultants Group Limited (Stock Code: 8320) « Champion Real Estate Investment Trust (Stock Code: 2778) « Hutchison Telecommunications Hong Kong Holdings Limited (Stock Code: 215) « Yau Lee Holdings Limited (Stock Code: 406) « Yuexiu Services Group Limited (Stock Code: 6626) Honourable Mention « Phoenix Media Investment (Holdings) Limited (Stock Code: 2008) |
Newly-listed Companies
« Global New Material International Holdings Limited (Stock Code: 6616) « Hangzhou SF Intra-city Industrial Co., Ltd. (Stock Code: 9699) « Kuaishou Technology (Stock Code: 1024) « ZJLD Group Inc (Stock Code: 6979) |
*Note: Alphabetical listing by Company Name
Hashtag: #CHKLC
The issuer is solely responsible for the content of this announcement.
About the Chamber of Hong Kong Listed Companies (CHKLC)
Incorporated in September 2002, CHKLC is a non-profit organisation serving listed companies and other industry bodies in Hong Kong. The Chamber strives to promote sound corporate governance; function as an effective communication channel between listed companies and regulatory authorities; strengthen the linkage and foster cooperation among listed companies from Hong Kong and China and uphold Hong Kong’s position as an international financial and capital formation centre. Since 2007, the Chamber organises the annual “Hong Kong Corporate Governance and ESG Excellence Awards” jointly with the Hong Kong Baptist University to advocate best practices of corporate governance, ESG and recognize excellence (https://chklc.org/aboutus).
About the Centre for Corporate Governance & Financial Policy of Hong Kong Baptist University
The Centre aspires to be a “Centre of Excellence” on corporate governance in the region. It promotes quality policy and academic research on corporate governance and related financial policy issues covering Hong Kong, China and the Asia-Pacific economies, with the aim to improve the quality of corporate governance practices. Additionally, the Centre provides professional executive education activities to disseminate knowledge and advance the highest ideals of responsible business leadership. Through consultancy projects, the Centre also assists organizations to design, improve and assess their corporate governance systems and structures.
About the Hong Kong Corporate Governance and ESG Excellence Awards
The “Hong Kong Corporate Governance and ESG Excellence Awards” (formerly known as the “Hong Kong Corporate Governance Excellence Awards”) is conferred annually since 2007 by the Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy, Hong Kong Baptist University.
The Awards aim to foster the highest standards in corporate governance and ESG, business ethics and board leadership in Hong Kong, recognize excellence, showcase best practices and accomplishments, and thereby promote a strong culture in corporate governance and ESG.
The Hong Kong Corporate Governance and ESG Excellence Awards 2024 is sponsored by BDO Limited as ESG Awards cum Bronze Advisor. The Financial Services and the Treasury Bureau, Securities and Futures Commission, Hong Kong Exchanges and Clearing Limited, Hong Kong Institute of Chartered Public Accountants, and The Hong Kong Chinese Enterprises Association are the Supporting Organisations of the Awards. In addition, SWCS Group is Knowledge Partner, Hong Kong Economic Times is the Sole Chinese Media Sponsor; Metro Finance as the Exclusive Radio Partner; whereas irasia.com, CORPHUB, Quamnet and Wisdom Investor Relations are Online Media Partners.
For details of the Awards Programme, please visit https://cgesgawards.chklc.org
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