ISIN:BMG0135Z1032

MPay Of Macau Pass Rose Over 200% In Transaction Value And Volume In Japan's Cross-Border Payments In 2024 Q1

Retrieved on: 
Wednesday, April 10, 2024

Japan is one of the first countries where MPay has launched cross-border payment services through Alipay+ and is also one of the favorite travel destinations for residents of Macao.

Key Points: 
  • Japan is one of the first countries where MPay has launched cross-border payment services through Alipay+ and is also one of the favorite travel destinations for residents of Macao.
  • Currently, people from Macao can use MPay to make purchases at cooperating stores in Japan, settle in MOP, and enjoy preferential exchange rates.
  • According to statistics, in the first quarter of 2024, MPay's transaction volume and number of transactions in Japan increased by over 200% respectively compared to the fourth quarter of 2023.
  • By working with these partners, Alipay+ provides global tourists with the same seamless digital payment experience they enjoy in their own markets.

Macau Pass and China Performing Arts Agency Reach Strategic Cooperation to Jointly Promote the Inheritance of Chinese Culture and Innovation in Multiculturalism

Retrieved on: 
Wednesday, April 10, 2024

The agreement aims to further deepen the inheritance, innovation, and development of Chinese traditional culture in Macao, and to promote cultural exchange and integration between Macao, the Asia-Pacific region, and Chinese mainland.

Key Points: 
  • The agreement aims to further deepen the inheritance, innovation, and development of Chinese traditional culture in Macao, and to promote cultural exchange and integration between Macao, the Asia-Pacific region, and Chinese mainland.
  • Sun Ho states that this cooperation not only actively responds to the national cultural development strategy but also helps to promote Chinese culture "going global".
  • In the future, Macau Pass and CPAA will engage in comprehensive and in-depth cooperation in relevant businesses to jointly write a new chapter in the inheritance of Chinese culture and the innovative development of multiculturalism.
  • With Macao as its hub, Macau Pass’ subsidiary in Macao, Macau Pass S.A., is a non-bank financial institution with a financial clearing system.

Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.

Retrieved on: 
Wednesday, April 10, 2024

Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.

Key Points: 
  • Macau Pass, Along With Twelve Asia-Pacific Fintech Companies, Joins the Sirius initiative, Aiming to Support the Sustainable Development of SMEs.
  • • 13 mobile payment tools and digital platforms, including MPay, pledge to promote local small and micro enterprises (SMEs) to participate in sustainable development programs.
  • Programme SIRIUS is an open and collaborative industry initiative that aims to support MSMEs operating on digital platforms in their journey towards sustainability.
  • With our experience in innovation-led sustainability and SME programs, Ant International is honored to create more sustainable opportunities for SMEs."

AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year

Retrieved on: 
Wednesday, March 13, 2024

AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year

Key Points: 
  • AGTech Announces Second Interim Results Ended December 31, 2023, Revenue Increases 69% Year-on-Year
    (Hong Kong, February 23, 2024) – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) today announced its second interim results for the twelve months ended December 31, 2023.
  • • EBITDA of the Group for the 12-Month Period was approximately HK$39.5 million (Twelve months ended December 31, 2022: Negative EBITDA of approximately HK$37.7 million).
  • The profit for the 12-Month Period was approximately HK$29 million (12 months ended December 31, 2022: loss of approximately HK$131 million).
  • The change from operating loss to profit was mainly due to: (1) the increase in total revenue; (2) the increase in net finance income.

Macau Pass Group Holdings Limited and AutoNavi Asia Limited Signed A Framework Agreement for Collaboration to Promote the Development of Macao's Local Economy

Retrieved on: 
Friday, February 9, 2024

(Macao, February 9th, 2024) - MacauPass Group Holdings Limited ("Macau Pass") and AutoNavi Asia Limited (“AutoNavi”) signed a cooperative framework agreement on February 8,2024.

Key Points: 
  • (Macao, February 9th, 2024) - MacauPass Group Holdings Limited ("Macau Pass") and AutoNavi Asia Limited (“AutoNavi”) signed a cooperative framework agreement on February 8,2024.
  • Both parties agree to establish a strategic cooperation relationship in local services by utilizing their respective resources and experiences.
  • They will jointly provide travel and mobility services for qualified users in Macao while complying with relevant laws and policies in Macao.
  • Macau Pass states that this strategic cooperation with AutoNavi, following its collaboration with Fliggy in February this year, once again aligns with the Alibaba ecosystem, and is one of the strategic actions to promote the local economic development of Macao.

AGTech Holdings Limited (HK.8279) Included in MSCI World Micro Cap Index

Retrieved on: 
Tuesday, December 26, 2023

(Hong Kong, December 8, 2023) – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) is delighted to announce that it has been included as a constituent stock in the MSCI World Micro Cap Index, effective upon close of trading on November 30, 2023.

Key Points: 
  • (Hong Kong, December 8, 2023) – AGTech Holdings Limited (“AGTech” or the “Group”, HKEX stock code: 8279) is delighted to announce that it has been included as a constituent stock in the MSCI World Micro Cap Index, effective upon close of trading on November 30, 2023.
  • The MSCI World Micro Cap Index is compiled by Morgan Stanley Capital International (MSCI) to measure the performance of micro-cap sector across global markets, covering a wide range of companies with outstanding business performance and high potential.
  • It is widely recognized as a benchmark by international institutional investors.
  • The board of directors believes that the inclusion of the Group in the MSCI World Micro Cap Index fully reflects the Group's development prospects are highly recognized in the international capital market, the Group is expected to further expand its visibility in the international capital market, to attract more diversified investor base, and increase the trading liquidity of its shares.