Finance

National Anti-Corruption Commission Thailand Exposes More Than 1,500 Instances of Corruption Through Proactive Investigations

Retrieved on: 
Wednesday, March 13, 2024

The Center is instrumental in monitoring, evaluating, and investigating corruption cases, in line with the policy to actively prevent and suppress corruption.

Key Points: 
  • The Center is instrumental in monitoring, evaluating, and investigating corruption cases, in line with the policy to actively prevent and suppress corruption.
  • Over the past two years, the CDC's effective preventative measures have significantly reduced the number of corruption cases within the suppression system.
  • With an unwavering commitment to zero tolerance for corruption, Thailand can achieve its goal of a corruption-free society.
  • The National Anti-Corruption Commission (NACC) is a constitutional independent organization and supervised by nine commissioners selected from various professions.

Breaking Records: UXLINK Attracts 978,000 New Web3 Wallet Registration with $78,000,000 Deposit asset from February 01 to February 22, 2024

Retrieved on: 
Wednesday, March 13, 2024

During this limited time frame, this feature resulted in the creation and connection of more than 978,000 new Web3 wallet addresses to UXLINK.

Key Points: 
  • During this limited time frame, this feature resulted in the creation and connection of more than 978,000 new Web3 wallet addresses to UXLINK.
  • The average value of assets held in these connected wallets surpassed $70 in equivalent tokens, totaling a remarkable $78 million.
  • This surge in user engagement expanded globally, spanning across over 100 countries and regions including Vietnam, Indonesia, Nigeria, Europe, and the Middle East.
  • Moreover, UXLINK has unveiled the third phase of its highly anticipated Odyssey Airdrop initiative, introducing a range of exciting features including wallet registration, binding, and check-ins.

Cairn Homes Plc: Holding(s) in Company

Retrieved on: 
Wednesday, March 13, 2024

In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]

Key Points: 
  • In case of proxy voting: [name of the proxy holder] will cease to hold [% and number] voting rights as of [date]
    3% threshold crossed upwards by Financial instruments.
  • iii Other reason for the notification could be voluntary notifications, changes of attribution of the nature of the holding (e.g.
  • As the disclosure of cases of acting in concert may vary due to the specific circumstances (e.g.
  • v Applicable in the cases provided for in Regulation 15(b) to (h) of the Regulations (Article 10 (b) to (h) of Directive 2004/109/EC).

Turkiye Garanti Bankasi A.S.: Regarding the Annual Report State of Responsibility

Retrieved on: 
Wednesday, March 13, 2024

The responsibility statement regarding the year-end annual report of our Bank for the period between 01.01.2023- 31.12.2023, which has been prepared in accordance with the Communiqué on Principles of Financial Reporting in Capital Markets issued by Capital Markets Board of Turkey, is attached herewith.

Key Points: 
  • The responsibility statement regarding the year-end annual report of our Bank for the period between 01.01.2023- 31.12.2023, which has been prepared in accordance with the Communiqué on Principles of Financial Reporting in Capital Markets issued by Capital Markets Board of Turkey, is attached herewith.
  • *In contradiction between the Turkish and English versions of this public disclosure, the Turkish version shall prevail.
  • We declare that our above statements are in conformity with the principles included in the Board’s Communiqué, Serial II Nr.15.1, that it exactly reflects the information we received; that the information complies with our records, books and documents; that we did our best to obtain the correct and complete information relative to this subject and that we are responsible for the declarations made in this regard.
  • Contact Garanti BBVA Investor Relations:

Sora Unleashes Market Storm, Global Mofy Metaverse (GMM.US) Rides High on AI Wave in 2024

Retrieved on: 
Wednesday, March 13, 2024

This impact is reflected in the capital markets, with Sora concept stocks causing a surge in both domestic and international AI markets.

Key Points: 
  • This impact is reflected in the capital markets, with Sora concept stocks causing a surge in both domestic and international AI markets.
  • Besides text-based video generation, Sora also possesses capabilities such as image-based video, video extension, video stitching, video editing, and image generation.
  • Currently, Global Mofy Metaverse is one of the leading digital asset banks, consisting of over 30,000 high-precision 3D digital assets.
  • In recent years, Global Mofy Metaverse has been actively expanding into cross-modal domains such as Sora's image and video generation.

The National Anti-Corruption Commission Thailand proceeds to anti-bribery through ISO 37001 amidst digital age

Retrieved on: 
Wednesday, March 13, 2024

BANGKOK, THAILAND - Media OutReach Newswire - 27 February 2024 - The Office of the National Anti-Corruption Commission (NACC) as the main agency for the prevention and suppression of corruption in Thailand, announced to seriously adopt ISO 37001 in tackling corruption, involving giving and receiving bribes in the current digitalization era. The NACC indicated that bribery problems are a serious threat and impact every nation around the world. It disrupts economic systems and creates challenges and obstacles for numerous nations. According to the World Bank, bribery accounts for as much as US$1 trillion annually, which is equivalent to 3% of the global GDP. As such, the ISO is both, an independent organization and a non-governmental international organization, whose mission is to establish international standards, therefore ISO 37001 Anti-Bribery Management System or ABMS has been developed by ISO. ISO 37001 is the international standard for a management system designed to prevent the giving and receiving of bribes. This anti-corruption management guideline is applicable to all types or sizes of organizations, including those in the public, private, and non-profit sectors. Each country can use it as guidance to adopt and voluntarily implement these standards domestically. The ISO 37001 is internationally recognized as an instrument for corporate compliance programs and as a powerful internal control measure to prevent bribery of juristic persons. Many countries have implemented domestic regulations to incentivize and promote the adoption of ISO 37001 in both the private and public sectors. The NACC has amended the Organic Act on Anti-Corruption, B.E. 2561 (2018) by including a provision that imposes criminal penalties for juristic person instances of bribery. This amendment has studied best practices from foreign countries and studied or adopted the principle of ISO 37001 into consideration in drafting Section 176 of the act as well, resulting in consistency with the principle and practice of ISO 37001. For the purpose of concrete mobilization and raising awareness of Section 176, the NACC has established the Anti-Bribery Advisory Service (ABAS) to drive anti-bribery concretely. ABAS is a center that collects and disseminates various knowledge as well as provides recommendations to prevent bribery problems in the business sectors. In this regard, the NACC provides "Guidelines on Appropriate Internal Control Measures for Juristic Persons", which align with ISO 37001. The guidelines and other interest documents can be downloaded via https://www.nacc.go.th/abas/ ---------- Source: https://www.nacc.go.th/categorydetail/20180831184638361/20240208140737 *This press release translation is funded by the National Anti-Corruption Fund (NACF). Hashtag: #IntegrityWay #AntiCorruption #ZeroCorruption #NACC #NACF

Key Points: 
  • As such, the ISO is both, an independent organization and a non-governmental international organization, whose mission is to establish international standards, therefore ISO 37001 Anti-Bribery Management System or ABMS has been developed by ISO.
  • ISO 37001 is the international standard for a management system designed to prevent the giving and receiving of bribes.
  • Many countries have implemented domestic regulations to incentivize and promote the adoption of ISO 37001 in both the private and public sectors.
  • In this regard, the NACC provides "Guidelines on Appropriate Internal Control Measures for Juristic Persons", which align with ISO 37001.

China Hongqiao (01378.HK) Profits Surge, New Offshore Bond Issuance Expected

Retrieved on: 
Wednesday, March 13, 2024

China Hongqiao (01378.HK) Profits Surge, New Offshore Bond Issuance Expected

Key Points: 
  • China Hongqiao (01378.HK) Profits Surge, New Offshore Bond Issuance Expected
    In 2023, China's aluminum industry has witnessed significant growth, fueled by the gradual recovery of the real estate sector and the rapid expansion of the renewable energy industry.
  • The widening gap between supply and demand for electrolytic aluminum led to a rise in aluminum prices, subsequently boosting profits and profitability for China Hongqiao Group Limited(referred to as "China Hongqiao").
  • Therefore, to fulfill investors' demand for high-quality Chinese offshore assets, investment institutions are actively seeking ongoing issuance of offshore debt by China Hongqiao.
  • Currently, China Hongqiao has only two outstanding USD bonds: namely HONGQI 6.25 06/08/24 (senior bond) and HONGQI 5.25 01/25/26 (convertible bond).

EQS-News: Allianz SE: Allianz achieves record operating profit and shareholders’ core net income

Retrieved on: 
Wednesday, March 13, 2024

“Allianz extended our track record of delivering a record operating profit and core net income, consolidating our leading position as one of the world’s most resilient global insurers and active asset managers.

Key Points: 
  • “Allianz extended our track record of delivering a record operating profit and core net income, consolidating our leading position as one of the world’s most resilient global insurers and active asset managers.
  • Shareholders’ core net income increased to 2.4 (1.6) billion euros due to a higher operating profit and non-operating result.
  • 3 Core EPS and core RoE calculation based on shareholders‘ core net income.
  • “We’ve achieved another year of record results and all operating segments finished the year above or close to their operating profit target mid-points.

The Global Selection of 'Hainan Tourism and Cultural Excellence TOP 10' Now Opens

Retrieved on: 
Wednesday, March 13, 2024

HAIKOU, CHINA - Media OutReach Newswire - 26 February 2024 - On 23rd February, the Hainan Free Trade Port, located in the south of China, officially launched the global selection of "Hainan Tourism and Cultural Excellence TOP10".

Key Points: 
  • HAIKOU, CHINA - Media OutReach Newswire - 26 February 2024 - On 23rd February, the Hainan Free Trade Port, located in the south of China, officially launched the global selection of "Hainan Tourism and Cultural Excellence TOP10".
  • The initiative aims to showcase the excellence of Hainan's tourism and share the story of China's holiday paradise with a global audience.
  • Launched by the Department of Tourism, Culture, Radio, Television and Sports of Hainan Province, this initiative will highlight various themes such as Coastal Scenic Highway, marine tourism, duty-free shopping, recreation and health tourism, rural tourism, rainforest tourism, intangible cultural heritage tourism, and more.
  • Upon the conclusion of the voting period, the top ten tourism products with the highest votes will be honoured as this year's "China's Hainan Tourism and Cultural Excellences".

Modern Dental Group: Advocates of digital dentistry from the lab

Retrieved on: 
Wednesday, March 13, 2024

Dental Asia speaks with Richie Leung, business director for Modern Dental South East Asia on its journey and outlook for the region into 2024.

Key Points: 
  • Dental Asia speaks with Richie Leung, business director for Modern Dental South East Asia on its journey and outlook for the region into 2024.
  • Founded in 1986 in Hong Kong as a manufacturer and distributor of dental prosthetic devices, Modern Dental Group has since grown into a global portfolio of brands, including Labocast, Permadental and Elysee Dental in Western Europe, Yangzhijing in China, Modern Dental USA in the US, and Southern Cross Dental in Australia.
  • Over the past five years, Modern Dental Group’s journey in South East Asia has been marked by strategic collaborations, technological innovation and a commitment to elevating dental care standards.
  • Likewise for manufacturers, the ongoing advancements in digital dentistry solutions will influence the supply chain of dental prostheses products.