Hop Hing to Put Forward Proposal for Privatisation, Cancellation Price HK$0.08 per Share at About 73.9% Premium

HONG KONG, Nov 17, 2021 – (ACN Newswire via SEAPRWire.com) – Hop Hing Group Holdings Limited (“Hop Hing” or the “Company”, together with its subsidiaries, the “Group”; stock code: 47) and Ocean Ease Global Limited (the “Offeror”) has jointly issued the scheme document (the “Scheme Document”) in relation to, amongst others, (i) the proposal (the […]

Mitsui Chemicals Teams up With NEC and dotData to Trial AI-based Price Change Forecasting for Market-Sensitive Products

TOKYO, Sep 24, 2021 – (JCN Newswire via SEAPRWire.com) – Mitsui Chemicals, Inc. (TSE: 4183) has teamed up with NEC Corporation (TSE: 6701) to trial an AI-based system for forecasting changes in the prices of specific Mitsui Chemicals products that are sensitive to market conditions. Based on the results of this trial, Mitsui Chemicals intends […]

Metro Manila retail price growth slowest in five months in July

RETAIL PRICE growth of general goods in the National Capital Region eased to its slowest pace in five months in July, the Philippine Statistics Authority (PSA) reported on Friday.  The general retail price index (GPRI) registered a 1.8% growth in July, decelerating from the 2% rise in June but faster than the 1.5% a year ago.  The July performance marked […]

Daluz airs challenge to business group

METROPOLITAN Cebu Water District (MCWD) chairman Jose Daluz challenged Tuesday, June 8, 2021 the Cebu Chamber of Commerce and Industry (CCCI) to submit its own proposal in addressing Cebu’s water shortage instead of criticizing MCWD’s plans. CCCI has made public a position paper, signed by its president Felix Taguiam, expressing opposition to a planned water […]

Meralco rates seen to increase in June

Manila Electric Co. (Meralco) customers are likely to see a rise in their electric power bills in June, following a surge in spot market prices, an official from the firm said on Friday.   “Based on early, initial projections, there may be an upward pressure on the generation charge for the month of June 2021 due to observed […]