AGTech Enters Strategic Cooperation with Jiangsu Province Sports Lottery Administration Center

June 20, 2018, 6:20 am

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HONG KONG, June 20, 2018 /PRNewswire/ -- *AGTech Holdings Limited* ("AGTech" or the "Company", HKEX stock code: 08279) is pleased to announce that the Company has entered into a strategic cooperation framework agreement with Jiangsu Province Sports Lottery Administration Center. The agreement signals the start of cooperation on a wide range of lottery related initiatives covering business innovation, channel expansion, smart hardware terminal, technology and data services, marketing and promotion, etc. We expect the cooperation will help strengthen the foundation and development of Jiangsu sports lottery, and increase brand awareness and lottery sales volume. As the exclusive lottery platform of Alibaba Group and Ant Financial Group, AGTech will leverage their expansive offline retail network and channels, as well as its deep lottery industry expertise, to assist Jiangsu Province Sports Lottery Administration Center in advancing China's lottery industry and contributing to the healthy development of sports nationwide and public welfare.

Under the cooperation, Jiangsu Province Sports Lottery Administration Center and AGTech will utilize resources from both parties to actively promote the innovation of the sports lottery and accelerate the marketing and promotion as well as the R&D of the lottery games.

In addition, the two parties will expand the offline retail network of the sports lottery and carry out the lottery business cooperation by leveraging various offline retail channels of Alibaba Group and Ant Financial Group, such as Rural Taobao, Ling Shou Tong, etc. AGTech will also bring its vast channel resources, as well as data and technology support to the collaboration in the areas of digitizing stores sales efforts, upgrading of conventional lottery stores, as well as smart lottery pilot stores. The cooperation between the two parties on technology enhancement will include but not limited to technology and data service, smart hardware terminal, etc.

*John Sun, Chairman and Chief Executive Officer of AGTech, *said, "We are pleased to have the opportunity to cooperate with Jiangsu Sports Lottery Administration Center in such a comprehensive manner, ultimately improving and modernizing the entire lottery experience for the benefit of the customer. In 2017, the sales of Jiangsu province sports lottery exceeded RMB20 billion for the first time, making it the top seller in China. Given the considerable scale of lottery sales in Jiangsu Province, Alibaba and Ant Financial's expansive offline retail network and channels as well as our expertise and experiences in the lottery channel business and technology and data services, we believe this strong combination will further improve the consumption pattern and experience of sports lottery products as a whole. It will also advance the lottery industry and contribute to the healthy development of national sports and public welfare."

*About AGTech Holdings Limited*

AGTech was incorporated in Bermuda and its Shares are listed on GEM (Stock Code: 8279). AGTech is an integrated technology and services company engaged in the lottery and mobile games and entertainment market with a focus on China and selected international markets. A member of the Alibaba Group with around 400 employees, AGTech is the exclusive lottery platform of Alibaba Group and Ant Financial Group.

AGTech's businesses are broadly divided into two categories:

· Lottery (including games and systems, hardware and distribution); and
· Games and Entertainment.

AGTech is a Gold Contributor of the World Lottery Association (WLA), an associate member of the Asia Pacific Lottery Association (APLA), an official organiser and operator of the competition card games Guan Dan and Two-on-One poker in China, and an official partner of the International Mind Sports Association (IMSA).

For more information, please visit www.agtech.com Reported by PR Newswire Asia 5 hours ago.

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Hong Kong developers rush to sell empty flats ahead of new vacancy tax

June 20, 2018, 6:53 am

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Property developers are rushing to offload vacant flats before the government unveils details of a new tax on empty units this month. Having stood unoccupied for the last five years, New World Development said it will release the last 38 homes in phase one of its Park Villa project in Yuen Long at discounted prices on Saturday. Sun Hung Kai Properties (SHKP) plans to clear its stock of 350 empty apartments at Grand Yoho phase two, adjacent to Yuen Long Station, in the second half of this year.... Reported by S.China Morning Post 5 hours ago.

Kojamo plc: 10 largest shareholders after the completion of the Initial Public Offering

June 20, 2018, 6:35 am

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*Kojamo plc: 10 largest shareholders after the completion of the Initial Public Offering*

*Stock Exchange Release June 20, 2018, at 4.30 pm *

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, IN WHOLE OR IN PART, DIRECTLY OR INDIRECTLY, IN OR INTO AUSTRALIA, CANADA, THE HONG KONG SPECIAL ADMINISTRATIVE REGION OF THE PEOPLE'S REPUBLIC OF CHINA, JAPAN, SOUTH AFRICA OR THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH THE DISTRIBUTION OR RELEASE WOULD BE UNLAWFUL.

The ten largest registered shareholders of the Kojamo plc's (the "Company") and their shares of ownership after the completion of the Initial Public Offering are shown in the table below (source: Euroclear Finland Ltd, June 19, 2018).

*Shareholder* *Number of Shares* *Percentage of Shares and Votes^1*
The Finnish Industrial Union 30,424,223 12.3
Ilmarinen Mutual Pension Insurance Company^2 29,603,392 12.0
Varma Mutual Pension Insurance Company^3 27,809,259 11.3
Trade Union for the Public and Welfare Sectors 16,423,576 6.6
Finnish Construction Trade Union 15,635,330 6.3
Trade Union PRO 14,143,481 5,7
Service Union United PAM 14,082,216 5.7
Trade Union of Education in Finland 14,039,068 5.7
The Finnish Electrical Workers' Union 2,704,781 1.1
Union of Health and Social Care Professionals TEHY 2,479,419 1.0
*Ten largest registered shareholders, in total* 167,344,745 67.7
Other Shareholders^4 79,799,654 32.3
*In total* 247,144,399 100.0%
^1 The Company has a single series of shares, and each share entitles its holder to one vote in the General Meeting of Shareholders of the Company. Percentages are rounded numbers.
^2 Ilmarinen Mutual Pension Insurance Company ("Ilmarinen") and Nordea Bank Ab (publ), Finnish branch ("Nordea") have entered into a share lending agreement in connection with the Initial Public Offering of the Company on June 15, 2018, according to which Ilmarinen has on June 19, 2018 lent 4,398,331 existing shares in the Company to Nordea. The registered holdings of Ilmarinen, which amounts to 29,603,392 shares, does not include the lent shares.
^3 Varma Mutual Pension Insurance Company ("Varma") and Nordea have entered into a share lending agreement in connection with the Initial Public Offering of the Company on June 15, 2018, according to which Varma has June 19, 2018 lent 4,131,767 existing shares in the Company to Nordea. The registered holdings of Varma, which amounts to 27,809,259 shares, does not include the lent shares.
^4 Out of other shareholders, 58,053,175 shares, representing 23.5 percent of shares and votes, are nominee registered.

The ten largest registered shareholders of the Company and their shares of ownership before the Initial Public Offering are shown in the table below.

*Shareholder* *Number of Shares* *Percentage of Shares and Votes^1*
Ilmarinen Mutual Pension Insurance Company 41,480,356 18.1
Varma Mutual Pension Insurance Company 38,966,411 17.0
The Finnish Industrial Union 37,115,990 16.2
Trade Union for the Public and Welfare  Sectors 20,035,920 8.7
Finnish Construction Trade Union 19,074,300 8.3
Trade Union PRO 17,254,321 7.5
Service Union United PAM 17,179,580 7.5
Trade Union of Education in Finland 17,126,942 7.5
Union of Health and Social Care Professionals TEHY 3,179,360 1.4
The Finnish Electrical Workers' Union 2,704,781 1.2
*Ten largest registered shareholders, in total* 214,117,961 93.4
Other Shareholders 15,361,399 6.7
*In total* 229,479,360  100.0 %
^1 The Company has a single series of shares, and each share entitles its holder to one vote in the General Meeting of Shareholders of the Company. Percentages are rounded numbers.

*Additional information*

Jani Nieminen, CEO of Kojamo, +358 20 508 3201   

Erik Hjelt, CFO of Kojamo, +358 20 508 3225   

Kojamo is Finland's largest private residential real estate company and a frontrunner in rental housing business. Our mission is to create better urban housing. We operate in Finland's most significant growth centres and our Lumo brand provides rental housing and new services for urban housing. We actively develop the value and number of our investment properties by developing new properties and our existing property portfolio. We want to be the property market frontrunner and the number one choice for our customers. For more information, please visit kojamo.fi/en/

*Important information*

The information contained in this announcement is for background purposes only and does not purport to be full or complete. No reliance may be placed for any purpose on the information contained in this announcement or its accuracy, fairness or completeness. The information in this announcement may be subject to change.

The information contained herein is not for publication or distribution, directly or indirectly, in or into the United States. These written materials do not constitute an offer of securities for sale in the United States, nor may the securities be offered or sold in the United States absent registration or an exemption from registration as provided in the U.S. Securities Act of 1933, as amended, and the rules and regulations thereunder. The securities have not been and will not be registered under the U.S. Securities Act of 1933, as amended.

The issue, exercise or sale of securities in the offering are subject to specific legal or regulatory restrictions in certain jurisdictions. Neither the Company nor the Managers assume any responsibility in the event there is a violation by any person of such restrictions.

The information contained herein shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of the securities referred to herein in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration, exemption from registration or qualification under the securities laws of any such jurisdiction. Investors must neither accept any offer for, nor acquire, any securities to which this document refers, unless they do so on the basis of the information contained in the applicable offering document prepared by the Company.

The Company has not authorized any offer to the public of securities in any Member State of the European Economic Area other than Finland. With respect to each Member State of the European Economic Area other than Finland and which has implemented the Prospectus Directive (each, a "Relevant Member State"), no action has been undertaken or will be undertaken to make an offer to the public of securities requiring publication of a prospectus in any Relevant Member State. As a result, the securities may only be offered in Relevant Member States (a) to any legal entity which is a qualified investor as defined in the Prospectus Directive; or (b) in any other circumstances falling within Article 3(2) of the Prospectus Directive. For the purposes of this paragraph, the expression an "offer of securities to the public" means the communication in any form and by any means of sufficient information on the terms of the offer and the securities to be offered so as to enable an investor to decide to exercise, purchase or subscribe the securities, as the same may be varied in that Member State by any measure implementing the Prospectus Directive in that Member State and the expression "Prospectus Directive" means Directive 2003/71/EC (and amendments thereto, including the 2010 PD Amending Directive, to the extent implemented in the Relevant Member State), and includes any relevant implementing measure in the Relevant Member State and the expression "2010 PD Amending Directive" means Directive 2010/73/EU.

This communication does not constitute an offer of the securities to the public in the United Kingdom. No prospectus has been or will be approved in the United Kingdom in respect of the securities. This communication is directed only at (i) persons who are outside the United Kingdom, or (ii) persons who are investment professionals within the meaning of Article 19(5) of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or (iii) high net worth entities, and other persons to whom it may lawfully be communicated, falling within Article 49(2)(a) to (d) of the Order (all such persons together being referred to as "relevant persons"). Any investment activity to which this communication relates will only be available to and will only be engaged with, relevant persons. Any person who is not a relevant person should not act or rely on this document or any of its contents.

None of the Managers or any of their respective affiliates, directors, officers, employees, advisers or agents accepts any responsibility or liability whatsoever for/or makes any representation or warranty, express or implied, as to the truth, accuracy or completeness of the information in this announcement (or whether any information has been omitted from the announcement) or any other information relating to the Company, its subsidiaries or associated companies, whether written, oral or in a visual or electronic form, and howsoever transmitted or made available or for any loss howsoever arising from any use of this announcement or its contents or otherwise arising in connection therewith.

The Managers are each acting exclusively for the Company and for no-one else in connection with any transaction mentioned in this announcement and will not regard any other person (whether or not a recipient of this announcement) as a client in relation to any such transaction and will not be responsible to any other person for providing the protections afforded to their respective clients, or for advising any such person on the contents of this announcement or in connection with any transaction referred to in this announcement. The contents of this announcement have not been verified by the Managers.

This announcement does not constitute a recommendation concerning the Offering. The price and value of securities and any income from them can go down as well as up. Past performance is not a guide to future performance. Information in this announcement or any of the documents relating to the Offering cannot be relied upon as a guide to future performance.

In connection with the Offering, each of the Managers and any of their respective affiliates, acting as investors for their own accounts, may purchase shares and in that capacity may retain, purchase, sell, offer to sell or otherwise deal for their own accounts in such shares and other securities of the Company or related investments in connection with the Offering or otherwise. Accordingly, references in the prospectus to the shares being offered, acquired, sold, placed or otherwise dealt in should be read as including any offer, sale, acquisition, placing or dealing in the shares by any of the Managers and any of their affiliates acting as investors for their own accounts. In addition, certain of the Managers or their affiliates may enter into financing arrangements and swaps in connection with which they or their affiliates may from time to time acquire, hold or dispose of shares. None of the Managers intends to disclose the extent of any such investment or transactions otherwise than in accordance with any legal or regulatory obligations to do so.

No representation or warranty, express or implied, is given by or on behalf of the Managers or any of their respective subsidiary undertakings, affiliates, agents or advisers or any of such persons' affiliates, directors, officers or employees or any other person as to the fairness, accuracy, completeness or verification of the information or the opinions contained in this announcement, and no liability is accepted for any such information or opinions. Each of the Managers or any such persons' directors, officers, employees or affiliates or any other person disclaim all and any responsibility and liability whatsoever, whether arising in tort, contract or otherwise, for any errors, omissions or inaccuracies in such information or opinions or for any loss, cost or damage suffered or incurred howsoever arising, directly or indirectly, from any use of this announcement or its contents or otherwise in connection with this announcement. Reported by GlobeNewswire 5 hours ago.

And Tango Makes Three among 10 children’s books with same-sex themes taken off the shelves in public libraries by Hong Kong government

June 20, 2018, 6:50 am

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Ten children’s books featuring same-sex parents and other LGBTQ themes have been hidden away from public view at the city’s libraries after months of pressure from an anti-gay-rights group. Among the titles which have been moved to closed stack sections and are now only available on request is the critically acclaimed And Tango Makes Three. The book, about two male penguins that fall in love and build a family together with the help of a zookeeper, was published in 2005 by Simon... Reported by S.China Morning Post 5 hours ago.

Hong Kong teenager falls to his death after stand-off with police at Choi Ying Estate in Kowloon Bay

June 20, 2018, 7:02 am

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A 16-year-old Hong Kong boy who had violated probation fell to his death from his 35th-floor flat after a nearly three-hour stand-off with first responders on Wednesday. The teenager and his mother were at home in their Ying Shun House flat in Choi Ying Estate, Kowloon Bay, at about 11am when officers with an arrest warrant arrived. The teenager and his mother cooperated with police when they showed up, letting the officers enter the flat, a police source said. Hong Kong couple and daughter... Reported by S.China Morning Post 5 hours ago.

Xiaomi targets $6.1bn in Hong Kong IPO

June 20, 2018, 7:17 am

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Xiaomi Corp. is gearing up for one of the biggest global tech IPOs of recent years, aiming to raise as much as $6.1bn.

The Chinese smartphone maker and existing investors plan to offer 2.18bn shares – including about 65 per cent primary shares – at HK$17 to HK$22, Reuters reported having spoken people involved who asked not to be identified.

The Beijing-based, Cayman-domiciled, firm intends to start taking orders from institutional investors on Thursday. China Mobile Ltd., the nation’s biggest wireless carrier, and U.S. wireless-chip giant Qualcomm Inc. are reportedly among eight firms in talks to become cornerstone investors.

The cornerstone investors are expected to buy about 13 per cent to 15 per cent of the shares being offered in the IPO. The line-up of these investors could be changed before the company takes orders from retail investors on Monday, Reuters reported.

Xiaomi lowered its likely valuation to a range of $55 billion to $70 billion following its decision to delay its mainland share offering until after its Hong Kong IPO, Reuters reported on Tuesday.

*Read more*: Smartphone-maker Xiaomi to raise up to $3bn in mainland China

The delay was triggered by a dispute between the company and regulators over the valuation of its China depositary receipts (CDRs), sources said, casting doubt on Beijing’s efforts to lure foreign-listed Chinese tech giants back home.

Xiaomi had been expected to raise up to $10 billion, split between its Hong Kong and mainland offerings. The delay to the CDRs was a blow for Chinese officials, who designed them as a means for China to compete globally for major tech listings and give mainland investors access to the country’s tech champions.

Xiaomi’s blockbuster Hong Kong offering, however, is set to be the first listing under new exchange rules designed to attract tech floats with a weighted-voting rights structure after the city’s exchange changed its rules in April. The deal could become the world’s biggest first-time share sale since September 2016, when Postal Savings Bank of China Co. raised $7.6 billion in a Hong Kong IPO, data compiled by Bloomberg show.

*Read more*: Xiaomi looks to raise $10bn for Hong Kong float

 

 

 

  Reported by City A.M. 4 hours ago.

Samsung Galaxy S9 and S9+ Sunrise Gold Available to Order in the U.S. on June 24

June 20, 2018, 7:24 am

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Samsung announced today that its Samsung Galaxy S9 and S9+ smartphones are now available to order in the United States in Sunrise Gold edition at Best Buy and on Samsung.com. Unveiled last month along with the Burgundy Red edition, the Sunrise Gold variant of the Samsung Galaxy S9 and S9+ smartphones joined the existing Midnight Black, Titanium Gray, Coral Blue, and Lilac Purple color options to offer users a feeling of calm and vibrancy with its satin gloss finish and a soft glimmer and glow. Samsung Galaxy S9 and S9+ Sunrise Gold edition will also be available starting June 2018 in Australia, Taiwan, Russia, Spain, United Arab Emirates, Vietnam, Korea, Germany, Hong Kong, Chile, and Mexico, but Samsung is yet to announce where exact... Reported by Softpedia 4 hours ago.

Samsung’s gold Galaxy S9 is coming to the US on June 24th

June 20, 2018, 8:50 am

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Samsung is bringing its gold Galaxy S9 to the United States on June 24th, which marks the first time a new color will be available Stateside for the flagship phone since it was released.

The golden-hued variant — officially dubbed “sunrise gold” — was available earlier in June in Australia, Chile, Germany, Hong Kong, Mexico, Russia, South Korea, Spain, Taiwan, the United Arab Emirates, and Vietnam. But now, US customers will be able to pick one up as well, alongside the existing lilac purple, coral blue, and midnight black options.

The gold S9 will be available exclusively at Best Buy for Verizon, Sprint, and AT&T. Unlocked models will also be available from Best Buy and Samsung.com.

There’s no word yet on that lovely burgundy model,... Reported by The Verge 3 hours ago.

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M800: Hong Kong’s Communication Technology Leader Blazing a Trail for IoT in Hong Kong and Beyond

June 20, 2018, 9:12 am

≫ Next: Century Global Commodities Corporation Announces Plan to Spin-Out Century Metals and Complete Century Metals Special Warrant Private Placement

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[Sponsored Article] Global cities transforming for the future Internet of Things (IoT) has seen drastic growth recently. It is estimated that around 18 billion connected devices will be related to IoT by 2022. This increase has led to the development of smart cities, where IoT is collectively used to improve people’s lives. Many countries worldwide have initiated real-world testing of smart products in their smart cities. All of these objects are connected to a network that... Reported by S.China Morning Post 2 hours ago.

Century Global Commodities Corporation Announces Plan to Spin-Out Century Metals and Complete Century Metals Special Warrant Private Placement

June 20, 2018, 9:12 am

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*THIS NEWS RELEASE IS NOT FOR DISTRIBUTION IN **THE UNITED STATES OR TO U.S. NEWS AGENCIES*

TORONTO, June 20, 2018 (GLOBE NEWSWIRE) -- *Century Global Commodities Corporation *(“*Century*” or the “*Company*”) today announced it is planning a spin-out transaction (the “*Spin-out Transaction*”) whereby a portion of the shares of its wholly owned subsidiary, Century Metals Inc. (“*Century Metals*”) will be distributed pro-rata to shareholders of Century, by way of a dividend-in-kind. The Spin-out Transaction is expected to be completed during the second quarter of Century’s 2018-9 fiscal year and will be subject to approval of the listing of Century Metals common shares on the TSX Venture Exchange. 

In advance of the Spin-out Transaction, Century Metals will be completing private placements of up to 12,000,000 special warrants (the “*Special Warrants*”) at a price of $0.06 per Special Warrant (the “*Special Warrant Private Placement*”). Century Metals has to date received subscriptions for 4,532,000 Special Warrants for gross proceeds of approximately $271,920. Each Special Warrant will be convertible into common shares of Century Metals on a one-for-one basis upon the earliest of (i) effectiveness of a prospectus qualifying the distribution of the common shares issuable upon conversion of the Special Warrants, and (ii) six months from the date of issuance of the Special Warrants. In accordance with the requirements of the Toronto Stock Exchange, including Section 604(d) of the TSX Company Manual, completion of the Special Warrant Private Placement requires approval of Century shareholders, which has been obtained by way of a written consent from the holders of a majority of the outstanding ordinary shares of Century.

The Spin-out Transaction will create Century Metals as an independent public Company. Century Metals will initially be focused on the exploration of the Company’s currently 100% owned Fabie, Trudeau and Eastchester claim groups for gold, with the potential for acquisition of other precious metals projects moving forward. As an independent public company, Century Metals will have the ability to source its own funding independently from Century’s iron ore and other metal projects and non-metal business. This approach of singling out an exploration direction, without the complication of valuation of other mineral properties and non-mineral projects of different market profiles, has demonstrated to be effective in attracting funding by the participation of both institutional and private accredited investors in the Special Warrant Private Placement beyond Century’s original expectations. Century believes this is a small but meaningful start to demonstrating Century Metals ability to secure future financing.

*About Century Metals*

Century Metals was originally incorporated by Century as Trudeau Gold Inc., and subsequently changed its corporate name to Century Metals Inc. on April 30, 2018.

During the fall of 2017, Century Metals completed a gold-focused exploration program on its 100% owned Fabie, Trudeau and Eastchester claim groups accumulated and acquired by staking. The property initially consisted of three non-contiguous claim groups surrounding Duparquet Lake-namely: Fabie, Trudeau, and Eastchester comprising 21 claims (543.6 hectares). Subsequently the property was extended to add 26 claims, including a further 10 claims at Placer Dome and Figuery, for a total staked claim area of 1,671.4 hectares.

Exploration by Century Metals included geological reconnaissance, prospecting and sampling on the Fabie, Trudeau and Eastchester claim groups, followed by line-cutting and a ground induced polarization survey over the Fabie claim group. The exploration program objective was to conduct a preliminary assessment of the mineral potential through the verification of site historic data, prospecting and sampling to understand the background of the delineated mineralization, and an induced polarization survey over the Fabie area to delineate anomalies for further exploration.

A total of 148 rock samples were collected, and 11.15 line-kilometers of pole-dipole induced polarization surveys were completed. Several samples returned values of up to 2.82 g/t gold and 0.25% copper, with 12 geophysical anomalies being identified, eight of which were considered of sufficient interest for follow-up testing.

The Fall 2017 exploration program results confirmed the character of this property being of sufficient merit to warrant further staged exploration to identify, prioritize and test exploration targets on the Fabie, Trudeau and Eastchester claim groups.

*NI43-101 Technical Report *

Century Metals has engaged SRK (Canada), Inc., (“SRK”) to prepare a NI 43-101 Technical Report on the Fabie-Trudeau-Eastchester Polymetallic Property. The Technical Report has been completed and will be filed by Century Metals on SEDAR in connection with the filing of its prospectus in connection with the completion of the Spin-out Transaction. 

The Technical Report summarizes the historical work documented in government files, and recent exploration efforts by Century Metals, and the character of the early stage Fabie-Trudeau-Eastchester polymetallic property. The Technical Report concludes that the property group is of sufficient merit to recommend a two-stage exploration program designed to identify, prioritize and test exploration targets on the three separate claim groups. The first stage of the recommended exploration program consists of field geological mapping, structural study, and geophysical induced polarization, time-domain electromagnetic, and magnetic surveys over selected areas. The studies are to be followed by trenching and sampling with the objective of identifying and prioritizing targets for further exploration, including drilling. The estimated cost of the first phase is approximately $244,000.

The second stage recommended exploration program is contingent on the results of the first phase, and comprises core drilling and further geological studies with the objective to characterize any mineralization of interest identified during the first phase and, if warranted, test the lateral and depth extension of any surface mineralization detected during the first phase. The estimated cost of the second phase is $1,034,000.

Total costs for the proposed two-phase exploration program is estimated at $1,278,000. This result is signed off by Dominic Chartier, Senior consultant of SRK, who is a qualified person within the meaning of NI 43-101, who has reviewed and approved the contents of this press release.

*Capitalization of Century Metals and Special Warrant Private Placement*

Century has previously advanced by way of a shareholder loan slightly over $1 million to Century Metals primarily for the advancement of exploration on the Fabie-Trudeau-Eastchester polymetallic project, in Canada.  As at March 31, 2018, Century Metals had cash of $250,373 and exploration and evaluation assets of $820,275.  In anticipation of completion of the Spin-out Transaction Century plans to convert its shareholder loan into approximately 20 million common shares of Century Metals at a deemed price of $0.05 per share. 

Following this loan conversion, Century plans to complete the following private placements:

· Century will subscribe for additional common shares of Century Metals at $0.06 per share for total proceeds in the range of $150,000 (2,500,000 shares) to $350,000 (5,833,333 shares), and · Century Metals will complete the Special Warrant Private Placement of Special Warrants with an arms-length group of investors at a price of $0.06 per Special Warrant for additional proceeds of up to $720,000, each of which Special Warrants will be convertible into one common share of Century Metals (the “*Special Warrant Conversion Shares*”). Based on subscriptions received to date, a minimum of 4,532,000 Special Warrants are anticipated to be issued, which will represent approximately 14.9% to 16.8% of the outstanding shares of Century Metals, on an “as converted” basis and dependent upon the number of common shares of Century Metals purchased by Century in the concurrent private placement (as described above). If the maximum number of Special Warrants are sold, these Special Warrants would represent approximately 31.7% to 34.8% of the outstanding shares of Century Metals, on an “as converted” basis. There is no assurance as to the number of Special Warrants that will ultimately be sold, and this amount may be significantly below the maximum 12,000,000 Special Warrants. There will be no participation in the Special Warrant Private Placement by any insiders of Century.

The completion of the above transactions will enable Century Metals to be fully funded for at least the next twelve months following the completion of the Spin-Out Transaction and enable the Company to complete the Phase I Work Program, as outlined in the NI 43-101 Technical Report.

The number of shares of Century Metals to be distributed to the shareholders of Century in the Spin-off Transaction will be dependent upon the ratio of (i) the aggregate number of shares of Century Metals that Century ultimately determines to spin-out to shareholders, divided by (ii) the aggregate number of issued and outstanding common shares of Century. The aggregate number of shares of Century Metals to be spun-out by Century will be determined in part by reference to the initial listing requirements of the TSX Venture Exchange, including the requirement that Century Metals have adequate public distribution upon completion of the Spin-out Transaction.

*Century Metals TSX Venture Exchange Listing*

Century has held preliminary discussion with the TSX-V and plans to be in full compliance with TSX-V listing requirements. The Spin-out Transaction will be conditional on approval of the listing of Century Metals’ common shares on the TSX Venture Exchange. 

*Century Metals Prospectus Qualification*

The Spin-out Transaction distribution of Century Metals shares to Century shareholders will be qualified by a prospectus to be filed by Century Metals with Canadian securities regulators. The prospectus will also qualify the issuance of the common shares to the holders of special warrants issued by Century Metals under the Special Warrant Private Placement.

*About Century *

Century Global Commodities Corporation (TSX:CNT), having established itself as one of the world’s largest iron ore resource owners and developers over the course of the last decade, is diversifying into non-ferrous opportunities while awaiting a full recovery of the iron sector. Capitalizing on its business network and relationships in the China market, it started a quality food business there a few years ago, as an auxiliary unit that would create value for our shareholders during the global mining down cycle, and has successfully established it as a new growing business segment reporting many quarters of solid revenue growth.

*Iron Ore *

With Baowu and Minmetals, both Global Fortune 500 companies, as Chinese strategic partners, Century owns one of the largest iron ore mineral resource bases in the world, across five projects in Quebec and Newfoundland and Labrador. Joyce Lake, a direct shipping ore project in Newfoundland and Labrador, is the company’s most advanced project. It has completed feasibility and permitting studies and can be brought to production within approximately 30 months. Century is maintaining its properties ready for a return to sustained higher iron ore prices.

*Non-ferrous Metals *

Century is monitoring Investment and acquisition opportunities in the non-ferrous metals sector. When the right opportunity presents itself, our strong balance sheet will allow us to acquire cost effective assets.

*Quality Food *

Quality food products sourced from advanced countries are in great demand from the quickly-growing middle class in China. The emphasis is on the need for safe, high-quality food products. Century has established a professional marketing team and built a distribution system to serve Hong Kong and eventually throughout China.

For further information please contact:

Sandy Chim, President & CEO

Century Global Commodities Corporation

416-977-3188

IR@centuryglobal.ca

*CAUTIONARY STATEMENT ON FORWARD-LOOKING INFORMATION*

THIS PRESS RELEASE CONTAINS “FORWARD-LOOKING INFORMATION” WITHIN THE MEANING OF CANADIAN SECURITIES LEGISLATION. THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS PRESS RELEASE REPRESENTS THE EXPECTATIONS OF CENTURY AS OF THE DATE OF THIS PRESS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. FORWARD-LOOKING INFORMATION INCLUDES INFORMATION THAT RELATES TO, AMONG OTHER THINGS, CENTURY’S INTENTION TO EVALUATE PROSPECTIVE TRANSACTIONS ARISING FROM THE REVIEW BY CENTURY OF ITS STRATEGIC OPTIONS AND ITS AVAILABLE WORKING CAPITAL. FORWARD-LOOKING INFORMATION IS BASED ON, AMONG OTHER THINGS, OPINIONS, ASSUMPTIONS, ESTIMATES AND ANALYSES THAT, WHILE CONSIDERED REASONABLE BY CENTURY AT THE DATE THE FORWARD-LOOKING INFORMATION IS PROVIDED, ARE INHERENTLY SUBJECT TO SIGNIFICANT RISKS, UNCERTAINTIES, CONTINGENCIES AND OTHER FACTORS THAT MAY CAUSE ACTUAL RESULTS AND EVENTS TO BE MATERIALLY DIFFERENT FROM THOSE EXPRESSED OR IMPLIED BY THE FORWARD-LOOKING INFORMATION. THE RISKS, UNCERTAINTIES, CONTINGENCIES AND OTHER FACTORS THAT MAY CAUSE ACTUAL RESULTS TO DIFFER MATERIALLY FROM THOSE EXPRESSED OR IMPLIED BY THE FORWARD-LOOKING INFORMATION MAY INCLUDE, BUT ARE NOT LIMITED TO, RISKS GENERALLY ASSOCIATED WITH CENTURY’S BUSINESS, AS DESCRIBED IN CENTURY’S ANNUAL INFORMATION FORM FOR THE YEAR ENDED MARCH 31, 2017. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARDLOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE CENTURY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS. Reported by GlobeNewswire 2 hours ago.

TelcoBridges FreeSBC Wins 2018 Cloud Computing Product-of-the-Year Award

June 20, 2018, 11:09 am

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TMC and Cloud Computing Magazine Recognize the Success of TelcoBridges’ FreeSBC Technology and Business Model

MONTREAL (PRWEB) June 20, 2018

TelcoBridges, the leading designer and manufacturer of carrier-grade Tmedia VoIP gateways and the FreeSBC, today announced that TMC’s Cloud Computing Magazine has awarded a 2018 Cloud Computing Product-of-the-Year Award to TelcoBridges’ FreeSBC virtual session border controller. These prestigious awards honor vendors with the most innovative, useful and beneficial cloud-based products that have been available to deploy within the past year.

“Product-of-the-Year recipients are verifiable leaders in the marketplace, and their innovative products within the cloud computing space stand out from competitive offerings,” said Rich Tehrani, CEO, TMC. “Congratulations to TelcoBridges for winning a 2018 Cloud Computing Product-of-the-Year Award. Their innovative technology and business model are deserving of this recognition, and we look forward to witnessing the continued success of the FreeSBC offering.”

TelcoBridges’ FreeSBC virtual session border controller protects networks from DoS and DDoS attacks while offering outstanding session handling performance. The FreeSBC runs on any combination of VMware, OpenStack, Amazon/AWS and bare metal servers as well as dedicated network devices as part of virtual network function integration. The FreeSBC is offered via a “freemium” business model. Sessions can be licensed at no cost or with optional support, and premium feature subscriptions for $1/session/year. To date, more than 3 million sessions have been downloaded by hundreds of customers in 59 countries around the globe.

“Cloud communications applications demand a different business model that requires scalable subscription terms,” said TelcoBridges’ Senior Director of Product Marketing Alan Percy. “TMC’s Cloud Computing Product-of-the-Year award puts a spotlight on this important distinction and FreeSBC’s unique freemium pricing model.”

The award-winning FreeSBC scales up and down - supporting anywhere from 100 to 60,000 sessions per instance, with support for 1,100 completed sessions per second (CSPS) and up to 6,000 session attempts per second (SAPS).

The FreeSBC is just one component of TelcoBridges’ portfolio of carrier-grade solutions. A wide array of optional paid services and extensions are available, including 24/7 support, analytics for troubleshooting, fraud detection, call removal and more. Support for transcoding is made possible via optional IP-based DSP hardware resources, which are sold in various capacities. To learn more about the FreeSBC offering visit freesbc.com.

About Cloud Computing Magazine:
Cloud Computing magazine is the industry's definitive source for all things cloud - from public, community, hybrid and private cloud to security and business continuity, and everything in between. This quarterly magazine published by TMC assesses the most important developments in cloud computing not only as they relate to IT, but to the business landscape as a whole.

About TelcoBridges:
TelcoBridges is a leader in the design and manufacture of carrier grade, high performance, and high-density SBCs and VoIP gateways. Based in Montreal with offices in Poland, Turkey and Hong Kong, TelcoBridges has deployed VoIP solutions in more than 100 countries worldwide. TelcoBridges' brands include: FreeSBC™, Tmedia™ (VoIP media gateways), Tsig™ (signaling gateways), Tdev™ (development platforms) and Tmonitor™ (real-time network monitoring equipment). For more information, visit freesbc.com or http://www.telcobridges.com.

Contact Information:
Alan Percy
Senior Director of Product Marketing
Mobile: +1 716-830-5966
apercy(at)telcobridges(dot)com Reported by PRWeb 32 minutes ago.

Bourse chief confident Hong Kong will net world’s biggest IPO candidate Saudi Aramco

June 21, 2018, 4:10 am

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The head of Hong Kong’s stock exchange said he is confident oil giant Saudi Aramco, the world’s largest IPO candidate, will list its shares in the city even as he warned of “tough times” ahead for the market amid a simmering trade spat between China and the US. “The potential trade war between the US and China would change the relationship between the two economies. It will be a tough time for the stock market,” said Charles Li Xiaojia, chief executive of... Reported by S.China Morning Post 8 hours ago.

Bain Capital keeps a cool head, takes long view on China fintech and education sectors

June 21, 2018, 4:17 am

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Bain Capital Private Equity has identified attractive, minority investment opportunities in China’s financial technology sector where it can add value, managing director Drew Chen told the South China Morning Post in Hong Kong. And, despite mounting pressure on managers to put money to work amid record high investor “dry powder”, or pledged but uninvested capital, the pay-off for investing with discipline and patience was still attractive, said Chen, who oversees the US buyout... Reported by S.China Morning Post 7 hours ago.

Hong Kong man bites off thumb tip of opponent in fight on MTR train – severed part found five stops later

June 21, 2018, 4:34 am

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A fight between two commuters on a crowded train in Hong Kong on Thursday left one with part of his left thumb bitten off and the other with facial injuries. The men, aged 64 and 54, were arrested by police at Mong Kok station, but the severed thumb tip of the older man, measuring 1cm in length, was only recovered when the train arrived at Central, 12 minutes away, authorities said. The brawl broke out when the train left Prince Edward station shortly before 9am. A police source said the... Reported by S.China Morning Post 7 hours ago.

Hong Kong street sleepers plead for more time as officials plan site clearance of footbridge home

June 21, 2018, 4:44 am

≫ Next: BlackBerry to Power BYTON’s Innovative In-Car Experience for its Production Vehicles

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About a dozen street sleepers and homeless advocates in Hong Kong pleaded with government officials for leeway ahead of a planned site clearance and also discussed the long wait for public housing. One of a group of about 13 homeless men who usually sleep under the Yen Chow Street footbridge in Sham Shui Po said he hoped the Home Affairs Bureau would give them more time at their spot. On June 8, the bureau’s Sham Shui Po office posted a notice telling the street sleepers to stop occupying... Reported by S.China Morning Post 7 hours ago.

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BlackBerry to Power BYTON’s Innovative In-Car Experience for its Production Vehicles

June 21, 2018, 5:03 am

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WATERLOO, Ontario and SANTA CLARA, Calif., June 21, 2018 (GLOBE NEWSWIRE) -- *June 21, 2018* – BlackBerry Limited (NYSE:BB) (TSX:BB) and intelligent electric vehicle maker BYTON announced today that the innovative in-car experience within BYTON’s first series of production vehicles will feature BlackBerry QNX technology.BYTON chose BlackBerry as a foundational piece of BYTON’s innovative in-car experience because of its ability to partition and isolate safety-critical systems from non-safety critical systems, ensuring that critical systems are isolated and can run safely at all times. As part of the deal, BlackBerry will license its BlackBerry QNX technology to BYTON, including its industry-leading QNX SDP 7.0 real-time operating system and Hypervisor 2.0 software.

“We are excited to partner with BlackBerry QNX, the market leader for safety-certified and secure next-generation connected car software, who will help us deliver BYTON’s Shared Experience Display, which serves as a comprehensive communal lounge experience for in-car communication, entertainment and work,” said Jeff Chung, Vice President, Intelligent Car Experience at BYTON. “Enabling the seamless integration of navigation, infotainment and critical driving functions is no small task, and when it comes to integrating critical and non-critical applications and information in a cluster environment, safety and security are our top priorities. By leveraging BlackBerry technology we’ll be able to deliver both, not only providing an entirely new connected experience for people on the move, but one that does so reliably and securely.”

“BYTON is pushing the envelope in autonomous vehicle development and the opportunity to contribute our technology to their first series of production vehicles is a real privilege,” said John Wall, SVP and GM of BlackBerry QNX, BlackBerry. “Following our recent announcement that QNX software is now embedded in more than 120 million cars, never before have we had the chance to embed our robust and secure software platforms in as many game-changing products. BYTON has reimagined the infotainment and digital instrument cluster and we look forward to working with them to achieve their vision of a better and more distinctive driving experience.”

At CES 2018 in Las Vegas, BYTON premiered its M-Byte concept car and announced plans to design and build a line of smart premium electric cars with Level 3 and Level 4 autonomous driving capabilities for the Chinese, U.S. and European markets. Sales are set to begin in China in 2019, and sales in the United States and Europe are planned to start in 2020.

As the leader in safety-certified, secure, and reliable software for the automotive industry, BlackBerry currently provides OEMs around the world with state-of-the-art technology to protect hardware, software, applications and end-to-end systems from cyberattacks. BlackBerry’s pedigree in safety, security and continued innovation has led to recent automotive design wins with Baidu, Delphi, Denso, NVIDIA, Qualcomm, Visteon, Jaguar Land Rover and others.

For more information on BlackBerry products and services for the automotive industry, please visit BlackBerry.com.

*About BlackBerry**
*BlackBerry is an enterprise software and services company focused on securing and managing IoT endpoints. The company does this with BlackBerry Secure, an end-to-end Enterprise of Things platform, comprised of its enterprise communication and collaboration software and safety-certified embedded solutions.

Based in Waterloo, Ontario, BlackBerry was founded in 1984 and operates in North America, Europe, Asia, Australia, Middle East, Latin America and Africa. The Company trades under the ticker symbol "BB" on the Toronto Stock Exchange and the New York Stock Exchange. For more information visit BlackBerry.com, and follow the company on LinkedIn, Twitter and Facebook.

*About BYTON*
It is not about refining cars. It is about refining life.

BYTON aspires to build premium intelligent electric vehicles for the future. Its crafted cars integrate advanced digital technologies to offer customers a smart, sage, comfortable and eco-friendly driving and mobility experience.

BYTON aims to create a premium brand rooted in China that has a global reach. Its global headquarters, intelligent manufacturing base and R&D center are located in Nanjing, China, while its North American headquarters, devoted to intelligent car experience, autonomous driving, whole vehicle integration and other cutting-edge technologies, is based in the Silicon Valley. The company’s vehicle concept and design center is located in Munich, Germany. BYTON also has offices in Beijing, Shanghai and Hong Kong to handle external affairs, marketing, sales, design and investor relations.

BYTON’s core management team is made up of the world’s top experts from China, Europe and the U.S., all of whom have held senior management positions in innovative companies such as BMW, Tesla, Google and Apple. Their expertise covers automotive design, automotive engineering and manufacturing, electric powertrain, intelligent connectivity, autonomous driving, user interface and supply chain management among other industry sectors, the sum of which represents BYTON’s strengths in manufacturing premium automobiles that are equipped with high quality internet technologies.

Official website: www.byton.com

BlackBerry and related trademarks, names and logos are the property of BlackBerry Limited and are registered and/or used in the U.S. and countries around the world. All other marks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.

*Media Contacts:*
BlackBerry
(519) 597-7273
mediarelations@BlackBerry.com

*BYTON*
Andrew Hussey
(408) 966-5078
Andrew.hussey@byton.com

*Investor Contact:*
BlackBerry Investor Relations
(519) 888-7465
investor_relations@BlackBerry.com Reported by GlobeNewswire 7 hours ago.

Tariff war: Washington using 'big stick' will harm US workers, warns China

June 21, 2018, 5:52 am

≫ Next: World's Top-10 Investment Bank Barclays selected Heaven Springs Dynasty Harvest Group for its prestigious Unreasonable Impact - Asia Pacific 2018 Programme

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 China's commerce ministry on Thursday accused the United States of being "capricious" over bilateral trade issues, and warned that the interests of U.S. workers and farmers ultimately will be hurt by Washington's penchant for brandishing "big sticks".

Previous trade negotiations with the United States were constructive, but Beijing has had to respond in a strong manner due to the U.S. tariff threats, commerce ministry spokesman Gao Feng said. President Donald Trump threatened on Monday to hit $200 billion of Chinese imports with 10 percent tariffs if Beijing retaliates against his previous announcement to target $50 billion in imports. The United States has accused China of stealing U.S. intellectual property, a charge Beijing denies.

Washington's accusations of forced tech transfers are a distortion of reality, and China is fully prepared to respond with "quantitative" and "qualitative" tools if the U.S. releases a new list of tariffs, Gao told a regular briefing in Beijing. China could hit back at U.S. firms listed on the Dow Jones Industrial Average if Trump keeps heightening tension with Beijing over trade, state-controlled Chinese tabloid the Global Times said on Thursday.

The 30-stock Dow, which counts Boeing Co, Apple Inc and Nike Inc among its constituents, fell 0.17 percent on Wednesday and has declined 0.25 percent this year. By contrast, China's benchmark Shanghai Composite Index has slumped 13.1 percent year-to-date. It is deeply regrettable that the U.S. has been capricious, escalated the tensions, and provoked a trade war," Gao said. "The U.S. is accustomed to holding 'big sticks' for negotiations, but this approach does not apply to China."

White House trade adviser Peter Navarro, who views China as a hostile economic and military power, said on Tuesday Trump's actions were a necessary defence of the "crown jewels" in the U.S. economy. None of the U.S. administration's efforts to negotiate with Beijing had yielded progress on changing China's "predatory" trade practices, Navarro said. Fending off criticism from some Western countries, China has said it is willing to boost imports and widen market access. In April, President Xi Jinping told a high-profile Chinese forum that import tariffs would be cut on goods such as cars, among other promises. In May, Beijing said it would lower import tariffs on 1,449 consumer goods, starting from July 1."I've been honouring my words with actions," Xi told a group of foreign chief executives in Beijing on Thursday.

OPEN TRADE CONFLICT

Xi said countries should not fight among themselves, but instead cooperate and meet challenges together, adding that the last global financial crisis happened not too long ago. "We still have vivid memories of what happened during the financial crisis and we are not yet fully recovered," he said. "We must also stay vigilant because, as economic growth still lacks momentum, we have seen a surge of trade protectionism, isolationism and populism."

Global financial markets have shuddered this week amid worries about open trade conflict between the world's two biggest economies. Three rounds of high-level talks since early May failed to reach a compromise on U.S. complaints over Chinese practices and its record deficit with China. Last year, the deficit was about $375 billion, as China imported $129.89 billion of U.S. goods, while the United States purchased $505.47 billion of Chinese products, according to U.S. data.

A Sino-U.S. trade war could disrupt global supply chains for the tech and auto industries, sectors heavily reliant on outsourced components, and derail world growth. "U.S. unilateral protection measures will ultimately harm the interests of U.S. companies, workers and farmers," Gao told reporters. British forecaster Oxford Economics, in a recent note, said it "will not be easy for the U.S. to identify $200 billion worth of Chinese imports that it can levy tariffs on without hurting U.S. companies and/or consumers, given the strong involvement of U.S. companies in a large share of China's exports to the U.S."
Gao said China and the U.S. were due to negotiate on issues around the manufacturing and service industries in the near future.

Chinese shares fell on Thursday on investor worries about the trade dispute, with the Shanghai index languishing at a two-year low and stocks of about 100 firms down by the daily limit of 10 percent.
"I suspect that the U.S. indices will start to sniff out the specific losers from this trade war, and individual stocks will get hurt much more than the broad index as investors understand this isn't going to kill global growth," Andrew Polk, co-founder of research firm Trivium China, told the Reuters Global Markets Forum. "But it will impact some companies disproportionately."

EVEN MORE TARIFFS

China said it would impose additional tariffs on 659 U.S. goods, with duties on 545 to kick in on July 6, after Trump said Washington would levy tariffs on $50 billion of Chinese products.
Beijing's planned tariffs would add to duties it had already slapped on 128 U.S. goods, such as pork, fruits and nuts, in reaction to Trump's earlier move to impose taxes on Chinese steel and aluminium. The U.S. goods affected on July 6 also include pork and fruit, as well as soybeans, autos and an array of marine products.

A trade war would hit U.S. farmers, a vast majority of whom supported Trump in the 2016 election. "Jobs for the Chinese are just as precious as those for the Americans," Zha Daojiong, a professor of international political economy at Peking University, told Reuters in an email. "It will be wise for the two sides to come back to the negotiation table, abide by a temporary agreement and turn down the rhetoric."

Beijing has yet to set a tariff activation date for the remaining 114 U.S. products, which include crude oil, coal and a host of refined fuel products. "We cannot be soft with Trump. He is using his 'irrationality' as a tactic and he is trying to confuse us," said Chen Fengying, an economics expert at state-backed China Institutes of Contemporary International Relations. But if we could accomplish some of the things that he wants us to do - such as IP, market reforms, he'd be helping us. Of course there are risks, those would depend on how we handle those reforms." 

Article Type: 
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Thu, 21 Jun 2018-06:04pm
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The Hong Kong based CSCL East China Sea container ship sits in a berth at the Port of Oakland on June 20, 2018 in Oakland, California. U.S. president Donald Trump has threatened to impose 10 percent tariffs on $200 billion of Chinese imports if China retaliated against his previous tariffs on $50 billion of Chinese imports
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Highlights:  Reported by DNA 6 hours ago.

World's Top-10 Investment Bank Barclays selected Heaven Springs Dynasty Harvest Group for its prestigious Unreasonable Impact - Asia Pacific 2018 Programme

June 21, 2018, 6:00 am

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HONG KONG, June 21, 2018 /PRNewswire/ -- After a rigorous selection process involving hundreds of world-class companies from across the Asia Pacific region, Heaven Springs Dynasty Harvest Group ("HSDH Group") [www.heavensprings.com] has been chosen to join with other thirteen growing venture enterprises the 2018 Unreasonable Impact Asia Pacific programme[https://unreasonableimpact.com/asia/#ventures].World’s Top-10 Investment Bank Barclays selected Heaven Springs Dynasty Harvest Group for its prestigious Unreasonable Impact - Asia Pacific 2018 Programme

This is the third year of this multi-year partnership, with programmes hosted in the Americas, UK & Europe, and Asia Pacific. To date, Unreasonable Impact's ventures operate in over 180 countries, reach over 250 million customers, and already support over 15,000 jobs. Moreover, these companies also have raised and generated nearly $2 billion USD, among which $400 million for the Asia Pacific region.

Unreasonable Impact is an innovative multi-year partnership between Barclays and Unreasonable Group to launch the world's first international network of accelerators focused on scaling up entrepreneurial solutions that will help employ thousands worldwide while solving some of our most pressing societal challenges.

As being one of the top 10 Hong Kong famous brand names, HSDH Group is committed to face the global water crisis, and thus has invented the first multipurpose Atmospheric Water Generator ("AWG"). This invention has come with more than 100 international patent registrations. Moreover, AWG's water generation is not subject to geographical restriction and power source, its process produces no waste water meanwhile purifies the air, its product's water quality meets World Health Organisation's guideline for drinking water and other standards internationally. HSDH Group has been presented Benchmark Brand of Innovation and Technology Award and other 2 awards by China Corporate United Pavilion of EXPO Milano 2015, then became a partner of the UN's High-Level International Conference (HLIC) on Water Decade for Action 2018-2018 as well as a partner of the UN Science-Policy-Business Forum on Environment. Its founder Dato' Sri Prof. Ng, Tat-yung, Chairman Datin Sri Dr. Ng, Tsz-yan, and Vice Chairman Miao, Gengshu who was President of China Minmetals Corporation are members of International steering committee of the HLIC on Water Decade for Action.

During 20th to 30th June 2018, Dr. Johnny Ip, Vice President and CIO of HSDH Group, will join the Unreasonable Impact programme along with other exceptional entrepreneurs on a mission to generate thousands of future jobs in the emerging green economy.

Photo - https://photos.prnasia.com/prnh/20180621/2169515-1 Reported by PR Newswire Asia 6 hours ago.

1,600 suspected bullets and airgun part found in Hong Kong flat

June 21, 2018, 5:32 am

≫ Next: Honor Crowned Dual-Champion of '618' Shopping Festival

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Hong Kong police were called to a residential flat on Lantau Island after about 1,600 suspected bullets were found along with an airgun part on Thursday. The haul was found when a 41-year-old British woman was tidying up her elderly father’s apartment on Costa Avenue in Discovery Bay, police said. The woman, a holder of a Hong Kong identity card, called the force midday. “The suspected bullets of various types and the airgun part were placed in a bag that was found in the wardrobe,... Reported by S.China Morning Post 6 hours ago.

Honor Crowned Dual-Champion of '618' Shopping Festival

June 21, 2018, 6:00 am

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Honor expects to achieve over 150% growth in overseas market in 2018

HONG KONG, June 21, 2018 /PRNewswire/ -- Honor, a trendy, young and innovative smartphone brand, is crowned dual-champion during JD's 618 Shopping Festival, one of the biggest country-wide online sales events in China. Honor achieved the highest cumulative sales volume over the period of the festival and is ranked first in terms of daily sales volume on June 18 in the smartphone category.Honor - The True Champion

Honor has grown at an unthinkable speed globally. Globally present in over 74 countries, Honor expects to achieve over 150% growth in overseas markets. In India, one of the fastest-growing markets, Honor ranked number 5 in terms of market share. In Russia, according to data released by Growth from Knowledge (GfK), Honor has been the top 3 smartphone brand in sales volumes for 12 consecutive months and has gained over 10% market share since February this year.

This year, the smartphone giant's latest flagship AI-powered handset, the Honor 10, recorded a sales volume at over 1 million after a short one month of its China initial launch in April and one week after the London global launch in May. The overseas sales volume of the Honor 10 exceeded 100,000 within the first month, which broke the sales record of the flagship smart phones. This record-breaking sales figure has been achieved in markets specifically where Honor 10 is immediately available for purchase following the global launch on May 15. In the UK, Honor 10 has become the newly launched Bestseller on Amazon UK in the unlocked Phone category. On hihonor.com, Honor's official website, all the pre-prepared stock was sold out in the first week after the launch in every single one of the five countries where it is available, including UK, France, Germany, Italy and Spain.

In China, its home market, Honor continues to occupy first place among smartphone e-brands in terms of revenue and sales volume. Honor has constantly scored big in China's largest online shopping festivals. In another major online shopping festival, the Singles' Day, on November 11 last year, Honor generated over RMB 4.02 billion in revenue on Jingdong (JD.com) and Alibaba (Tmall.com).

*About Honor*

Honor is a leading smartphone e-brand. In line with its slogan, "For the Brave", the brand was created to meet the needs of digital natives through internet-optimized products that offer superior user experiences, inspire action, foster creativity and empower the young to achieve their dreams. In doing this, Honor has set itself apart by showcasing its own bravery to do things differently and to take the steps needed to usher in the latest technologies and innovations for its customers.

For more information, please visit Honor online at www.hihonor.com or follow us on:

https://www.facebook.com/honorglobal/ 
https://twitter.com/Honorglobal 
https://www.instagram.com/honorglobal/ 
https://www.youtube.com/honorglobal 

Photo - https://photos.prnasia.com/prnh/20180621/2169524-1 Reported by PR Newswire Asia 6 hours ago.