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Robin.io to Accelerate 5G and Edge deployment and management at MWC#2022

SAN JOSE, CA, Feb 25, 2022 - (ACN Newswire) - Robin.io, the world's leading provider of Cloud Native Platform for Service Providers is participating at the world's most influential event, Mobile World Congress - Barcelona, 2022. At MWC #2022, Robin.io and industry-leading partners aim to demonstrate to customers live use cases and future-ready stack on the new capabilities of 5G and Edge.

Communication Service Providers (CSPs) and Mobile Network Operators (MNOs) are facing huge 5G investment decisions over the next few years. Robin Cloud-native, flexible Kubernetes platform offers greater choice and agility to accelerate new connectivity and service options. Robin.io is already helping operators provide the 5G/MEC service promise with unmatched lifecycle simplicity, performance, scale, and advanced workload placement.

Mobile network operators (MNOs) are building their 5G network infrastructure with a new emphasis on cost effective performance. Robin.io is able to quickly bring their platform to deployment and also support 5G vRAN by using Intel Smart Edge – a cloud native based software platform that incorporates advanced Kubernetes networking for Telco deployment, real-time optimizations, 5G acceleration in FPGA or eASIC form factor, orchestration support, advanced observability, and also supports ORAN RIC use cases. Robin.io, as a Titanium level partner at Intel Network Builders Winners' Circle, has incorporated Intel Smart Edge Open technology in our platform, running Cloud-Native Open RAN and Edge in production today. Robin.io will showcase 5G, ORAN & Edge use cases and demos, running on 3rd Gen Intel Xeon Scalable processors, at MWC.

Partha Seetela, CEO Robin.io, said, "Operators and Enterprises alike are embarking on a path to modernization and containerization of the 5G services including Open Radio Access Networks (O-RAN), Mobile Edge Computing (MEC) and Packet Core. Robin.io will accelerate these transformations and modernizations. We are excited to collaborate with our ecosystem of partner companies to automate service delivery of integrated Network services and solutions. We are showcasing these solutions with our partners at MWC #2022."

Book your meeting here - https://www.robin.io/mwc-2022/

"The alliance with Robin.io enables us to provide CSPs with a differentiated cloud-native services portfolio. Multi-cloud orchestration, metal to service orchestration and management, and network function orchestration and management with a faster go-to-market approach are key to success," said Rajiv Papneja, Head of Cloud & Network Services at Prodapt.

Robin.io has also partnered with industry-leading technology companies including QCT, Lekha Wireless, Blue Arcus, Kloudspot and 6wind that drive innovation across the enterprise and Telco markets. The collaboration aims to build a seamless automated cloud-native platform that brings a new level of automation and efficiency reducing infrastructure and operation costs and minimizing deployment time which boost the time-to-market of diverse 5G services and applications.

Mike Yang, President of QCT, said, "By partnering with Robin.io, we are modernizing 5G solutions and giving our mutual customers improved performance. This partnership significantly reduces the development time for Systems Integrators, CSPs and other strategic alliances by enabling a smooth path to integration and orchestration, which eases the cost and operational effort needed for productization."

Ramu Srinivasaiah, CoFounder & Director of Lekha Wireless, said, "This collaboration enables us to deliver a turnkey solution to the private enterprise market. As we embark on this journey to integrate the network elements with Robin.io along with Blue Arcus, I see it is a unique partnership that can deliver a much-needed disaggregated 5G network to the market."

Naren Yanamadala, CEO & Founder of Blue Arcus, commented, "We are excited about our partnership with Robin.io as this is an important milestone achieved as part of the collaboration initiated to address the 5G enterprise use cases."

Blue Arcus offers a cloud-native 5G core, providing a reliable, scalable, and distributed autonomous network solution that helps mobile network operators and system integrators build their solutions to deploy IoT, Private/Enterprise Networks, MEC networks.

Mehran Hadipour, Vice President of Business Development and Tech Alliances, said, "Intelligent infrastructure and automation technologies is key consideration as the industry prepare to deploy 5G and Edge services along with Open Radio Access Networks (O-RAN), Robin.io working with our partners will enable the industry and operators to deliver a significant number of new services with increased speed and lower latency and reduced cost with strict Quality of Service (QoS). Robin.io, along with partners, will bring cloud agility to deploy 4G and 5G RAN (DU, CU, Radio Controller), AMF, UPF, etc., on COTS hardware. Our joint solution brings centralized orchestration and automates deployment in minutes while allowing scaling to a million nodes and automating lifecycle management tasks."

Harnessing data-driven digital solutions for CSPs, Ravi Akireddy – Founder & CEO, Kloudspot said, "Kloudspot is a cloud-agnostic Location and Situational Awareness and Location Analytics platform that rides on the Network edge infrastructure. Using AI and ML, Kloudspot will provide experiential insights and report into a lifestyle, workspace, health and safety, asset and infrastructure utilization for customers."

Julien Dahan, CEO, 6WIND stated, "Our collaboration with Robin.io gives CSPs and Cloud Providers the option to deploy our Cloud-Native Virtual Service Router (VSR) solutions on Robin's platform. 6WIND provides cloud-native VSR network solutions that deliver the performance and scalability needed by CSPs to fully unleash their agility and flexibility in defining innovative edge and core services, fully automated and dynamically adapted to evolving requirements. We are excited to partner with Robin.io, as we are able to jointly address CSPs and deliver best-of-breed solutions, including among others, a virtual security Gateway (vSecGW), a virtual Provider Edge Router (vPE), a virtual CG-NAT router (vCG-NAT), a virtual Cell Site Router (vCSR), that accelerate the 5G and Edge deployments".

Robin.io embraces Cloud-Native technology standard deployments for 5G with significant economic and operational benefits for the operators.

At #MWC 2022, book your meeting here - https://www.robin.io/mwc-2022/

About Robin.io : Robin.io

Robin.io, the 5G and application automation platform company, delivers products that automate the deployment, scaling and life cycle management of data- and network-intensive applications and for 5G service chains across the edge, core and RAN. The Robin platform is used globally by companies including BNP Paribas, Palo Alto Networks, Rakuten Mobile, SAP, Sabre and USA. Robin.io is headquartered in Silicon Valley, California. More at http://www.robin.io and Twitter: @robin4K8S

For more information, contact: press@robin.io

Intel, the Intel logo, and other Intel marks are trademarks of Intel Corporation or its subsidiaries.

About Prodapt: https://www.prodapt.com/en/

Prodapt has a singular focus on the Connectedness vertical. Prodapt's customers range from telecom operators, digital / multi-service providers (D/MSPs), technology and digital platform companies in the business of connectedness. Prodapt builds, integrates, and operates solutions enabling next-generation technologies and innovations. Prodapt works with global leaders including AT&T, Verizon, Lumen, Adtran, Vodafone, Liberty Global, Windstream, Virgin Media, Rogers, Deutsche Telekom among many others. Prodapt's customers today help more than a billion people, and five billion devices stay connected. Prodapt has offices in North America, Europe, Latam, India, and Africa. It is part of the 120-year-old business conglomerate, The Jhaver Group, which employs over 22,000 people across 64+ locations globally.

About QCT: http://www.QCT.io

QCT is a global provider of data center products, including servers, storage and networking equipment as well as configuration and support services. The company targets midsize and large enterprise data center customers, service providers and governments who want the engineering excellence of a global manufacturer of integrated data center solutions, but do not require the scale and resources of a full-service original design manufacturer. Each product in the QCT lineup is specifically engineered for a different function in the data center. This eliminates the need for over-engineering and excessive feature sets that often plague conventional equipment with unnecessary cost and complexity. As a result, QCT products measurably outperform conventional designs in energy consumption, cooling efficiency, acquisition cost (CAPEX) and operational expense (OPEX). Based in San Jose California, QCT LLC is a subsidiary of Fortune Global 500 Company, Quanta Computer Inc.

About Lekha Wireless: http://www.lekhawireless.com

Lekha Wireless Solutions Pvt. Ltd. is a Bengaluru based deep tech company in wireless telecom and defence communication. Started in the year 2010, we are a team of 200+ Engineers, with leadership team comprising of telecom experts with over 2 decades of experience in end-to-end product development and deployment. We are OEM for Telecom RAN infrastructure products, SDR Products and we License Protocol Software Stacks for 4G and 5G. We have filed/received multiple patents in 4G, 5G and Industrial communication technologies.

About Blue Arcus : https://www.bluearcus.com

Blue Arcus is a global end-to-end 4G/5G mobile network software provider, delivering telecom solutions that are 3GPP compliant and built on an open and distributed architecture.

With many live deployments across Pacific, Asia, Middle East and Africa, we have been helping MNOs enhance customer experience by providing cost-effective, fast, and reliable voice and data services. The SMART Compact network edge of core makes it suitable for providing high speed, secure and low-latency services.

About Kloudspot: https://www.kloudspot.com

Pioneering the future of work transformation, Kloudspot embraces hybrid work options, enabling employees to determine their optimal space to think, collaborate and create. The future of work will be fluid: physical, digital, or an immersive virtual blend of both. Using sophisticated IoT data management, machine learning, and AI, Kloudspot understands the intersection of space, time, and action so that businesses can anticipate and deliver inspiring spaces for employees and customers anytime, anywhere. Headquartered at Sunnyvale, California, customers use Kloudspot hybrid work management solutions to successfully enable connected in-person and virtual on-and-off premise work while helping to assure health and safety as their offices have re-opened.

About 6WIND: http://www.6wind.com

6WIND is a virtualized networking software company and the worldwide market leader for Virtual Service Router solutions. 6WIND software is deployed globally by Service Providers, Cloud Providers, Enterprises, Systems Integrators, and Tier-1 OEMs, allowing customers to replace expensive hardware with software and virtualization for routing and security use cases. 6WIND has a global presence with Headquarters based in Paris, France and in Santa Clara, California.



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

NexBloc Announces Buy Credits Get Tokens Program for the NexBloc Utility Token

British Virgin Islands, Feb 25, 2022 - (ACN Newswire) - NexBloc Inc. today announced that it is opening a funding round on Monday, February 28, using Credits and Token Rewards for the NexBloc platform. By purchasing Credits for use on NexBloc, buyers will get rewarded with the NexBloc Utility Token. The Credits will never expire, and as additional products and services get added to the platform, it will encourage faster usage of Web 3.0.


The NexBloc Utility Token, anticipated to be named $NEXB, will be used for numerous benefits to holders including:
- staking for discounts off domain purchases and services
- farming for yield
- access to gated content such as NFT Avatars and partner offerings
- direct purchases with the burning of those tokens
- governance for managing the token by the DAO

The tokens will be listed on exchanges by mid-Spring 2022 so that owners can accumulate amounts they can use for the above benefits. Governance will be enabled by creating a DAO (decentralized autonomous organization) structure to be established by the end of 2022. The DAO will take over token economics through a process that staking owners specify. It will also provide project approvals for community-sponsored ideas that improve the use of the decentralized web. A portion of NexBloc revenue will be escrowed to fund the projects approved by the DAO.

Dana Farbo, Founder of NexBloc, stated that "NexBloc solves the needs of Web 3.0 infrastructure with a blockchain DNS. Our focus on building community and a strong business will position us to win in the bDNS space. Other participants have one or the other but not both."

It is estimated that blockchain DNS will follow a similar path for tools and resources that the centralized DNS space took. bDNS and services annually open a total addressable market (TAM) of close to USD 200 billion over the next decade. NexBloc will vie for a sizable market share by bringing new products and services to its user base. Furthermore, with the use of Credits and through the staking value of tokens, community members and customers will see significant benefits for using NexBloc to build new products for the future of the internet.

About NexBloc

NexBloc is building the next generation of the internet with blockchain DNS at the core. Blockchain digital entities tied to the decentralized web is the future of personal data protection and use.

Founded as a BVI company in 2021, NexBloc has created proprietary technology stacks to custom deploy bDNS systems. They currently have over ten private blockchain top-level domains (bTLD) in various forms of deployment. In addition, they are working to build the most scalable, omnichain interoperable platform for deploying bDNS.

Website: www.nexbloc.com
LinkedIn: https://www.linkedin.com/company/80164369
Medium: https://medium.com/nexbloc
Twitter: https://twitter.com/nexbloc
Telegram: https://t.me/nexbloc

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comNexBloc Inc. today announced that it is opening a funding round on Monday, February 28, using Credits and Token Rewards for the NexBloc platform.

Mazda Production and Sales Results for January 2022

HIROSHIMA, Japan, Feb 25, 2022 - (JCN Newswire) - Mazda Motor Corporation's production and sales results for January 2022 are summarized below.

I. Production

1. Domestic Production
Mazda's domestic production volume in January 2022 decreased 2.0% year on year due to decreased production of passenger vehicles.

[Domestic production of key models in January 2022]
CX-5: 33,636 units (up 22.8% year on year)
MAZDA3: 9,867 units (down 13.3%)
CX-30: 5,997 units (down 20.6%)

2. Overseas Production
Mazda's overseas production volume in January 2022 decreased 13.6% year on year due to decreased production of passenger and commercial vehicles.

[Overseas production of key models in January 2022]
CX-30: 13,449 units (up 11.6% year on year)
MAZDA3: 13,332 units (up 39.9%)
MAZDA2: 4,080 units (down 13.3%)

II. Domestic Sales

Mazda's domestic sales volume in January 2022 decreased 16.5% year on year due to decreased sales of passenger and commercial vehicles.

Mazda's registered vehicle market share was 5.1% (down 0.1 points year on year), with a 2.0% share of the micro-mini segment (down 0.1 points) and a 3.9% total market share (down 0.1 points).

[Domestic sales of key models in January 2022]
CX-5: 2,233 units (up 9.7% year on year)
MAZDA2: 1,822 units (down 6.6%)
CX-30: 1,724 units (down 33.1%)

III. Exports

Mazda's export volume in January 2022 decreased 11.8% year on year due to decreased shipment to Europe and other regions.

[Exports of key models in January 2022]
CX-5: 25,793 units (up 15.9% year on year)
MAZDA3: 6,227 units (down 51.5%)
CX-9: 4,736 units (down 7.3%)
IV. Global Sales

Mazda's global sales volume in January 2022 decreased 7.7% year on year due to decreased sales in Japan, the U.S., China and other regions.

[Global sales of key models in January 2022]
CX-5: 32,580 units (up 2.5% year on year)
MAZDA3: 23,174 units (up 3.3%)
CX-30: 13,475 units (down 18.4%)

For more information, visit https://newsroom.mazda.com/en/.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comMazda's domestic production volume in January 2022 decreased 2.0% year on year due to decreased production of passenger vehicles.

Eisai: LENVIMA (lenvatinib) Plus KEYTRUDA (pembrolizumab) Approved in Japan for Radically Unresectable or Metastatic Renal Cell Carcinoma

TOKYO and KENILWORTH, N.J., Feb 25, 2022 - (JCN Newswire) - Eisai and Merck & Co., Inc., Kenilworth, N.J., U.S.A. (known as MSD outside the United States and Canada) today announced that the Japanese Ministry of Health, Labour and Welfare (MHLW) has approved the combination of LENVIMA, the orally available multiple receptor tyrosine kinase inhibitor discovered by Eisai, plus KEYTRUDA, the anti-PD-1 therapy from Merck & Co., Inc., Kenilworth, N.J., U.S.A., for radically unresectable or metastatic renal cell carcinoma (RCC). LENVIMA plus KEYTRUDA is also approved in the U.S. and Europe for the first-line treatment of adult patients with advanced RCC. This marks the second approval of this combination in Japan; in December 2021, LENVIMA plus KEYTRUDA was approved for unresectable, advanced or recurrent endometrial carcinoma that progressed after chemotherapy. The approval is based on results from the pivotal Phase 3 CLEAR (Study 307)/KEYNOTE-581 trial, in which LENVIMA plus KEYTRUDA demonstrated statistically significant improvements versus sunitinib in the primary efficacy outcome measure of progression-free survival (PFS). Results showed LENVIMA plus KEYTRUDA (n=355) reduced the risk of disease progression or death by 61% (HR=0.39 [95% CI, 0.32-0.49]; p<0.0001), with a median PFS of 23.9 months versus 9.2 months for sunitinib (n=357).

"Nearly one in three cases of renal cell carcinoma are diagnosed at an advanced stage,(1) and patients are in need of new treatment options that may improve survival outcomes,(2)" said Dr. Gregory Lubiniecki, Vice President, Oncology Clinical Research, Merck & Co., Inc., Kenilworth,

N.J., U.S.A. Research Laboratories. "In the CLEAR/KEYNOTE-581 trial, KEYTRUDA plus LENVIMA reduced the risk of disease progression or death by 61% versus sunitinib, a current standard of care. We are encouraged that patients with certain types of advanced renal cell carcinoma may have the opportunity to benefit from this combination."

"Today's milestone for LENVIMA plus KEYTRUDA as a treatment for radically unresectable or metastatic renal cell carcinoma is particularly exciting as it marks the second approval for the combination in Japan," said Terushige Iike, President of Eisai Japan, Senior Vice President, Eisai. "We are thrilled to be able to provide Japanese patients with a new treatment option, illustrating our shared commitment with Merck & Co., Inc., Kenilworth, N.J., U.S.A. to develop therapies with the aim of addressing the unmet needs of those living with difficult-to-treat cancers. We would like to thank the patients, families and healthcare providers who made this approval possible."

The Japanese package inserts for LENVIMA and KEYTRUDA note that in the CLEAR/KEYNOTE-581 trial, adverse reactions were observed in 341 (96.9%) of 352 patients (including 42 of 42 Japanese patients) in the safety analysis set. The most common adverse reactions included diarrhea in 192 patients (54.5%), hypertension in 184 patients (52.3%), hypothyroidism in 150 patients (42.6%), decreased appetite in 123 patients (34.9%), fatigue in 113 patients (32.1%), stomatitis in 113 patients (32.1%), palmar-plantar erythrodysesthesia syndrome in 99 patients (28.1%), proteinuria in 97 patients (27.6%), nausea in 94 patients (26.7%), dysphonia in 87 patients (24.7%), rash in 77 patients (21.9%), and asthenia in 71 patients (20.2%).

Renal cell carcinoma is the most common type of kidney cancer worldwide; about nine out of 10 kidney cancer diagnoses are RCC.(3) In Japan, there were more than 25,000 new cases of kidney cancer diagnosed and more than 8,000 deaths from the disease in 2020.(4) Approximately 30% of patients with RCC will have metastatic disease at diagnosis.(5) Survival is highly dependent on the stage at diagnosis, and with a five-year survival rate of 14% for patients diagnosed with metastatic disease, the prognosis for these patients is poor.(6)

Eisai and Merck & Co., Inc., Kenilworth, N.J., U.S.A. continue to study the LENVIMA plus KEYTRUDA combination across several types of cancer with more than 20 clinical trials.

For more information, visit https://www.eisai.com/news/2022/pdf/enews202214pdf.pdf.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comEisai and Merck & Co., Inc., Kenilworth, N.J., U.S.A. (known as MSD outside the United States and Canada) today announced that the Japanese Ministry of Health, Labour and Welfare (MHLW) has approved the combination of LENVIMA, the orally available multiple receptor tyrosine kinase inhibitor discovered by Eisai, plus KEYTRUDA.

NEC Expands Open Networks Portfolio with 18 New O-RAN Radios

TOKYO, Feb 25, 2022 - (JCN Newswire) - NEC Corporation (NEC; TSE: 6701) has dramatically expanded its open RAN Radio Units (O-RUs) portfolio with the introduction of several new products and configurations. These 18 new Radio Units help NEC maintain its leadership position in the O-RU segment as ORAN deployments gain momentum globally. The new RU products complement NEC?s existing portfolio to help meet the demands of private and public mobile networks that will drive Open RAN initiatives forward this year.

These launches add new configurations (4T4R, 8T8R, 32T32R, 64T64R) to NEC?s industry-leading portfolio of massive MIMO radios. All the new configurations are built on modular platforms, allowing fast time to market and adaptation to customer-specific needs. For instance, the majority of the new RUs are available in 5G NR and 4G LTE with dual-band versions for the most popular band combinations. Network operators will benefit from several technological advancements, including natural convection cooling, high performance digital beamforming, small volume and weight and aggressive cost-efficiency.

Patrick Lopez, NEC's global VP for product management 5G, commented, "NEC has been at the forefront of Open RAN and massive MIMO deployments at scale in commercial urban environments. These additions to our portfolio, featuring new configurations and bands, enable us to address the overall RAN market. This is a great advancement for NEC Open Networks, our radically open approach to deliver an end-to-end portfolio of products and services, within an open multivendor ecosystem, that allows operators to pick and choose options fitting their needs and strategic objectives."

Operators around the globe are accelerating 5G deployments to enhance coverage and network capacity in a wide range of environments, including dense, urban areas with high-rises, urban locations with mid-rise structures, rural areas, broadband hot-spots and enterprises.

Customers are looking towards Open RAN as a game-changing alternative to the closed architecture of incumbent equipment suppliers. NEC has taken an active role in driving the need for Open RAN solutions, incorporating superior radio architecture design with cost and power efficiency and using state-of-the-art silicon and RF components to achieve a smaller form factor with modular design.

NEC will be presenting its industry leading NEC Open Networks at MWC Barcelona 2022, at Fira Gran Via, Hall 2 2F10

https://www.nec.com/en/event/mwc2022/

About NEC Corporation

NEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comNEC Corporation has dramatically expanded its open RAN Radio Units (O-RUs) portfolio with the introduction of several new products and configurations.

PIL’s Revenue Hit All-Time High for FYE 2021

HONG KONG, Feb 25, 2022 - (ACN Newswire) - Pentamaster International Limited ("PIL" or "the Group") which is listed under the Main Board of The Stock Exchange of Hong Kong Limited announced its financial results for the year ended 31 December 2021 today. The Group hit a new record in its 2021 revenue, registering at MYR508.1 million, whilst its net profit stood at MYR116.7 million for the financial year ended 2021; marking an improvement of approximately 21.4% and 2.5% respectively from the corresponding period last year.




the performance of the respective operating segments, which includes elements of the inter-segment transactions during the year

The overall performance of the Group recovered commendably in 2021, with growth driven by improved contributions from both the ATE and FAS business segments with each segment accounting for approximately 70.1% and 29.9% of the total Group's revenue, as compared to 2020 of 67.6% and 32.4%, respectively.

ATE segment

With a revenue contribution rate of 70.1%, the ATE segment continued to contribute the larger portion of the Group's overall revenue and profit. After witnessing a decline in revenue last year, total revenue from this segment marked a turnaround and grew at a double-digit rate of 22.6% to MYR358.4 million. During the year, backed by the recovery of the smartphone market and its peripheral items. the electro-optical industry continued to dominate the ATE segment with its revenue contribution rate of approximately 49.7%, derived from abroad
the product portfolio of the Group in its test solutions for the proximity sensor, 3D magnetometer sensor, ambient light sensor, wafer-level VCSEL (Vertical-Cavity Surface-Emitting Laser) and other relevant applications under optics and photonics sensing solutions.

Owing to the Group's persistent effort in increasing its exposure to the automotive industry, revenue from this sector came in as the second-highest within the ATE segment with its contribution rate of 27.6%. In addition, the automotive sector chalked the highest growth rate at 39.9% among other industry sectors within the ATE segment. This strong demand was largely attributed to the Group's automotive test solutions covering a full range of assembly and test technologies for various aspects of the manufacturing process ranging from the component test, final test to packaging. During the year, the ATE segment was also benefitted from the semiconductor industry with its revenue contribution rate of 20.0%, where this sector captured a 26.8% growth as compared to 2020 from the continuous demand for the Group's test handling equipment which was underpinned by the growth of integrated chips and other related semiconductor contents from the acceleration of digital transformation by the pandemic over the past two years.

The ATE segment will continue to dominate the performance of the Group in the foreseeable future. With the global pandemic unleashing the unprecedented wave of technology developments coupled with the power and momentum of technology convergence, the Group is in a promising position to leverage on these significant opportunities in the ATE segment.

FAS segment

After recording a strong revenue growth in the year 2020, the FAS segment continued to witness a double-digit growth rate in its contribution to the Group's revenue, chalking 12.3% growth to achieve MYR155.3 million during the year. This was mainly driven by the robust demand for the Group's proprietary i-ARMS solutions, where a wider customer base adopted this application across different industry segments in different countries and regions. Notably, this segment gained its revenue momentum in the third and fourth quarters of the year, with revenue in the second half of the year exceeding its first half by approximately 19.5%. The main industry segment that led to FAS growth was the consumer and industrial product segment, contributing approximately 45.4% to overall FAS segment revenue. This was followed by the electro-optical segment and medical device segment with its respective revenue contribution rate of 30.4% and 19.3% where the application of the Group's i-ARMS was equally prevalent in
these segments.

The Group continues to witness huge potential and opportunities in its FAS segment given the fundamental shift towards factory automation and smart manufacturing across various industries, especially in a post-pandemic environment. With the current automation trend, the Group will continue to broaden and enrich the capability of its automated solutions to capture the growth from these developments in the years ahead.

Outlook

"It is not the strongest of the species that survive, nor the most intelligent, but the one most responsive to change."

The COVID-19 pandemic has dramatically and fundamentally altered the way we live and work. From social distancing, quarantine, closed borders, travel bans to the buzzword "home office" have never been mandated on such a large scale. The Group, however, navigated the "unsettling" effects of the pandemic and ended the financial year relatively "healed". Such accomplishment has demonstrated the Group's resilience in taking on the undeniable challenges that demand new ways of operating in a post-pandemic business environment and its versatility and speed in emerging strongly owing to the hard work and concerted efforts of the employees of the Group.

As the saying goes, every cloud has a silver lining. The pandemic has pushed many companies over the technology tipping point and with the surge in automation, digital adoption has taken a quantum leap across many companies and industries. As a result of these developments, the Group embraces 2022 with increased optimism on the back of a strong order book momentum largely driven by another high growth potential year surrounded by several catalysts brought about by AI, big data analytics, IoT, self-driving cars, Industry 4.0 and the deepening application of 5G. With the electro-optical segment currently dominating the Group's financial performance, this segment will continue its growth momentum in 2022, albeit modestly, given the Group's growing exposure to other industry segments. In respect of the automotive segment, the Group expects to witness the continuous affluence of this segment with e-mobility emerging at an accelerated pace. With electrification playing an important role in the transformation of the transportation industry and thereby presenting major opportunities in all vehicle segments, the global transition specifically towards electric vehicles ("EV") continues to get momentum and creates major disruption in the automotive industry and the related nexus. Significant efforts are witnessed through regulators worldwide defining more stringent emissions t argets which include, among others, the European Union CO2 emissions regulations for cars and vans, China's New Energy Vehicles (NEV) mandate and Biden's administration is introducing a 50% EV target by 2030. Given this context, the Group anticipates a favorable prospect for its automotive test solutions from front-end to back-end which will continue to provide an impetus to the Group's overall performance.

In the belief that there is so much room and business opportunity for further expansion and that now is the best time to be planning for the future, the upcoming new manufacturing plant will pave the way for the Group to deepen its foothold in the medical device segment and bring the growth of its FAS segment to the next level. Key technologies that have been used widely in industrial manufacturing are seen to be filtering into the healthcare sector and with AI conquering the next frontier of the medical segment, the automation opportunity within this horizon is now abundant. With these technology developments presented, the Group is heartened to witness the growing demand for its automated assembly solutions from a broader customer base within the medical device segment on the back of an encouraging booking momentum. Together with the setup of Pentamaster MediQ Sdn. Bhd. for its involvement in the manufacturing of single-use medical devices, the Group is fully prepared for the huge market opportunities in the medical industry. Having continuously witnessed revenue growth from the FAS segment in the past two years, the Group continues to benefit from the increased focus of various industries on industrial automation which is now rapidly necessitated by the effects of the pandemic. As the surge in automation continues in the coming years with the use of AI and IoT in the manufacturing processes, the huge potential and opportunities in the FAS segment will be prevalent. Girded by a year of relatively stable financial performance in 2021, the Group will continue to focus fundamentally on its operational capabilities and remain proactive in the development of new cutting-edge technologies and solutions. With a wide variety of challenges and opportunities confronting 2022, the Group, having the pulse on the global trends and requirements, is forward-looking in building another year of solid business growth. As it is, the virus is here to stay for a period of time and will be a reality in our daily lives. The Group's priority is to ensure the safety of its employees with its strict adherence to the necessary safety measures and operating procedures.

About Pentamaster International Limited

PIL (HKEX stock code: 1665) is a leading global supplier in providing automation technology and solutions to multinational manufacturers mainly in the semiconductor, automotive, electrical & electronics, medical devices and consumer industrial products sectors spanning APAC, North America and Europe. The Group's broad range of integrated automation products and solutions entails innovating, designing, manufacturing and installing automated equipment and/or automated manufacturing solutions.

To learn more about PIL, please visit us at www.pentamaster.com.my.

For media enquiries, please contact:

Email: investor.relation@pentamaster.com.my


Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comPentamaster International Limited ("PIL" or "the Group") which is listed under the Main Board of The Stock Exchange of Hong Kong Limited announced its financial results for the year ended 31 December 2021 today.

ResearchGate Wins (& Loses) Scientific Publishers’ Copyright Lawsuit

In 2017, publishers Elsevier and American Chemical Society filed a copyright lawsuit against research sharing platform ResearchGate, claiming that 50 of their articles were made available without permission. A court in Germany has now prohibited ResearchGate from making those titles available but refused to award damages due to the plaintiffs' failure to demonstrate acquisition rights.

From: TF, for the latest news on copyright battles, piracy and more.

FAMEEX Releases Four-layer Encryption Protection Mechanism

North Parramatta, Australia, Feb 25, 2022 - (ACN Newswire) - Recently, FAMEEX, the rising digital asset exchange, has announced the launch of its four-layer ladder encryption protection mechanism, which will make the platform more trustworthy.

Four-Layer Ladder Encryption Protection Mechanism

Based in Australia, the two-year-old exchange FAMEEX has committed to providing safety, stable, and fast trading experience for crypto investors. Through rigorous coin-listing rules, FAMEEX provides mainstream cryptocurrencies and ensures that users would not be exploited by any suspicious project. Other signature products include grid trading, perpetual futures, and super commission rebate programs.

Carefree Trading Trial

In spite of being a newcomer in the crypto market, FAMEEX sets itself apart from other already huge platforms by sophisticated marketing campaign designs. One distinguishing feature is its trial fund campaign. FAMEEX offers a near-zero threshold to earn trial funds which can be utilized for 12 hours.

The latest trial fund campaign the platform held in late 2021 went with a profitable bonus worth 20 USDT for every eligible user. Any user who completed primary KYC verification and activated the futures account was available to claim the bonus.

Extensive Marketing Campaigns

In addition to its official website, FAMEEX, armed with multiple social media platforms, constantly communicates and interacts with its community followers on Telegram, Twitter, Instagram, and Facebook. Its marketing team plans and fine-tunes different campaigns according to different social media. The FAMEEX team held a "Guess BTC Price" campaign exclusively for Telegram followers which had a perfect ending in mid-January.

Better Trading Experience

Aimed to become a beginner-friendly trading platform, FAMEEX keeps up with the current trends and offers the best trading journey with clear interface designs. Users get the taste of speedy trading, stable platform and most importantly, great market depth.

About FAMEEX

The rising exchange FAMEEX started its trial operation in September 2019 and officially launched services on January 1, 2020. FAMEEX has dedicated to providing the safe, stable and fast trading experience for users. Since the priority of FAMEEX is security and safety, it only offers the mainstream cryptocurrencies having no exploitation concerns. Services including, grid trading, perpetual futures contract, spot trading and super commission rebate program are provided.

With a four-layer ladder encryption protection mechanism, users who trade on FAMEEX hardly need to consider the safety issue while enjoying relatively low trading fees. The basic spot trading fee is 1‰ while the futures trading fee is 0.2‰. Through constant optimizations, FAMEEX hopes to offer a more enjoyable trading journey for users who can trade straightforwardly.

Find FAMEEX on
Twitter: https://twitter.com/FameexGlobal
Telegram: https://t.me/fameexgroup
Trade on-the-go with FAMEEX's crypto trading app (iOS/Android)

Media contact
Brand: FAMEEX
Contact: Media team
Email: Business@mail.fameex.info
Website: https://www.fameex.com/

SOURCE: FAMEEX



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Fujitsu Leads Development of Energy-efficient CPUs and Photonics Smart NIC for Next-generation Green Data Centers Under NEDO Program

TOKYO, Feb 25, 2022 - (JCN Newswire) - Fujitsu today announced that it has been selected for the "Green Innovation Fund Project/Construction of Next Generation Digital Infrastructure" project in the field of "Technology Development of the Next Generation Green Data Center" by Japan's New Energy and Industrial Technology Development Organization (NEDO). Fujitsu has been selected along with NEC Corporation, AIO Core Corporation, Kioxia Corporation, Fujitsu Optical Components Co., Ltd. and KYOCERA Corporation.

To address the challenge of increasing power consumption at data centers in today's digital society, companies participating in this project will work to develop innovative solutions to realize greater energy efficiency, larger capacity, and lower latency in data centers to contribute to the achievement of a carbon-neutral society. Within this project, Fujitsu will lead the development of low-power consumption CPUs and photonics smart NIC optimized for next-generation green data centers. Additionally, Fujitsu Optical Components will work with Fujitsu to develop photonics smart NIC.

Through its contribution to this national initiative, The Fujitsu Group aims to strengthen the development of advanced computing and networks technologies that play a vital role in the digital infrastructure of society and to promote the use of total solutions globally, with the ultimate goal of achieving its commitment to delivering a more sustainable society through innovation.

As society makes a digital shift, demand for energy and sustainable solutions mounts facing growing energy demands from the ever-increasing needs of data centers, Japan's NEDO has launched an ambitious initiative that aims to achieve energy savings of 40% or more in datacenters domestically by 2030.

Development of low-power consumption CPUs and photonics smart NIC (The Fujitsu Group)

1. Low-power consumption CPUs
Fujitsu designs its own microarchitecture which is a key factor for CPU performance and power efficiency. This technology made it possible for the supercomputer Fugaku to achieve the world's highest levels of performance and energy efficiency. Fujitsu will further refine this technology and develop a low-power consumption CPU that can be used in next-generation green data centers.

2. Photonics smart NIC
Fujitsu and Fujitsu Optical Components will develop a photonics smart NIC that reduces network power consumption in data centers by applying optical transmission technology that achieves greater efficiency in size and energy consumption, as well as greater data capacity, and by refining hardware and software technologies cultivated through the development of leading-edge optical transmission devices.

Roles and Responsibilities
Fujitsu Limited - Development of low-power consumption CPUs and photonics smart NIC
NEC Corporation - Development of low-power consumption accelerators and disaggregation technologies
AIO Core Corporation - Development of photoelectric fusion devices
Kioxia Corporation - Development of Wideband SSD
Fujitsu Optical Components Co., Ltd. - Development of photonics smart NIC
KYOCERA Corporation - Development of photonics smart NIC

Comment from Vivek Mahajan, Corporate Executive Officer, CTO, Fujitsu Ltd.:
"We are excited to take on the challenge of developing leading-edge technologies for energy efficient CPUs (code name: "FUJITSU-MONAKA (tentative name)") and photonics smart NIC as part of our work with NEDO. Fujitsu will harness this technology to deliver robust, yet environmentally-sustainable digital infrastructure that takes full advantage of Fujitsu's strengths in areas like computing and network technologies. I am confident that our work on this initiative will help demonstrate Japan's technological capabilities, and show how Fujitsu can lead the way globally in innovation that contributes to the realization of a carbon-neutral and sustainable society."

Fujitsu's Commitment to the Sustainable Development Goals (SDGs)

The Sustainable Development Goals (SDGs) adopted by the United Nations in 2015 represent a set of common goals to be achieved worldwide by 2030. Fujitsu's purpose -- "to make the world more sustainable by building trust in society through innovation"--is a promise to contribute to the vision of a better future empowered by the SDGs.

About Fujitsu

Fujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 126,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$34 billion) for the fiscal year ended March 31, 2021. For more information, please see www.fujitsu.com.


Copyright 2022 JCN Newswire. All rights reserved. www.jcnnewswire.comFujitsu today announced that it has been selected for the "Green Innovation Fund Project/Construction of Next Generation Digital Infrastructure" project in the field of "Technology Development of the Next Generation Green Data Center" by Japan's New Energy and Industrial Technology Development Organization (NEDO).

Transmit Entertainment 2021/22 Interim Results Achieve Turnaround, Revenue More Than Doubled to HK$587 million

HONG KONG, Feb 25, 2022 - (ACN Newswire) - Transmit Entertainment Limited ("Transmit Entertainment" or the "Company", together with its subsidiaries, the "Group"; stock code: 1326) today announced its unaudited interim results for the six months ended 31 December 2021 (the "Review Period").

During the Review Period, the Group further advanced the "Stay-at-Home Economy" and its development strategy of brand diversification. Mainland China continued to be the major source of the Group's revenue and business growth. The Group's proportion of revenue from Mainland China recorded a year-on-year increase of 17.7 percentage points to approximately 96.8%. The Group recorded outstanding results during the Review Period, amounting to approximately HK$587.2 million, representing an increase of approximately 265.2% as compared to the corresponding period last year. The Group's turnaround was mainly due to the airing of "The Ideal City", an inspiring urban workplace TV series and "The Detectives' Adventures", a megahit mystery solving reality show, which drove a significant year-on-year revenue growth of approximately 1,296.4% to approximately HK$502.2 million for the film, TV series and variety show production and distribution segment; and the Group completed the disposal of partial equity interests in the film exhibition business in May 2021, which reduced both the sales and distribution expenses of the related film exhibition business. During the Review Period, the Group recorded the profit attributable to the owners of the Company of approximately HK$10.6 million.

Business Review
Keeping up with the development of the industry and the entertainment tastes of young viewers, the Group has continued to focus on developing and producing contents of outstanding film, TV series and variety show, while actively exploring innovative business models such as web series, online movies and short videos. "The Ideal City" aired on the video website iQIYI and numerous first-tier TV stations across the country, ranking first in the CSM63 TV series viewership ranking, as well as receiving more than ten industry honors and awards including being shortlisted for the 2018-2022 List of Key TV Series Planning and Theme of the National Radio and Television Administration, and was recognized as the "2021 Outstanding Show Broadcasting Overseas" by the National Radio and Television Administration. "The Detectives' Adventures" creatively reinterprets a classic film and television copyright through live action role playing, introducing a production model for detective-themed variety show that appeals to audiences of all ages, successfully gaining multiple industry awards, including the 2021 Internet Viewing + Ranking Internet Varity Show of the Year and the Innovative Variety Show of the Year of the Sixth New Recreation . New Consumption etc. On the other hand, the scriptwriting team of the Group participated in popular TV shows such as the Lantern Festival Gala of the China Media Group and the variety show "Super Sketch Show", continuously spurring related discussions and becoming a trending topic in multiple platforms.

Considering that the COVID-19 pandemic has brought about a challenging business environment for the film exhibition business, the Group disposed partial equity interests in the film exhibition business to reallocate financial resources to other businesses with higher development potential, thereby generating more returns for shareholders of the Company (the "Shareholders"). The disposal transaction was completed on 26 May 2021. Thereafter, in accordance with a management agreement and a supplemental agreement entered by the Group with Cinema City (WL) Limited and Mandarin Motion Pictures Limited, the Group earns fees for the operation of Langham Place Cinema during the term of the agreements. The management believes that the above-mentioned strategic measures will proactively pose a positive impact on the Group's future results and financial performance.

The Group continued to improve its industry chain and broaden its revenue base, and its artistes and internet celebrities continued to be more influential in market segments. During the Review Period, the Group's artistes starred in many TV series and movies, and participated in many endorsement activities. Among which, Yang Chaoyue starred in two costume TV dramas "Chongzi" and "The Seventh Generation", and Li Yitong starred in TV series such as "Warm Cold Nights In The Nine Heavens", "Spy Game" and "Punch Out".

Outlook
Looking forward, the Group will continue to focus on the development of film and TV series production business as well as artiste and internet celebrity agency business in Mainland China, and strives to create a pan entertainment ecosystem and integrate upstream and downstream industry chains, while proactively expanding various realization channels from the downstream industry chains in a bid to attain the strategic deployment of fusing its strengths and resources. Taking advantages of the ample resources of online platforms, the Group will continue to focus on producing quality film and TV series content, while actively diversify the revenue base by continuously identifying business opportunities in relation to the "Stay-at-Home economy" on four aspects including online stream, short videos, internet celebrity cultivation and traffic monetization.

The Group is currently producing a number of projects, including an urban mystery TV series "Frozen Surface" and the third season of variety show "I Love You, Me Too". With the good viewing performance and online popularity of the work, the Group plans to create a self-developed multi-season variety show brand by producing the third season of "I Love You, Me Too" and the second season of "The Detectives' Adventures". In addition, the Group will develop and produce films and TV series on a number of popular copyrighted works of fiction including "Love Destiny", "Wishful Egg", "Romance in the City", "Peach Blossom Debt", "Queen of the Sea" and "Locard's Theory".

Ms. Zhao Wen Zhu, President and Executive Director of Transmit Entertainment, said, "Although the industry was still plagued by the COVID-19 pandemic and the market sentiment, the Group realized a turnaround during the Review Period, benefited from tapping the 'Stay-at-Home Economy' and brand diversification development strategies. Significant growth from the segment of TV series and variety shows production fully demonstrated the outstanding competitiveness of our production team, which helps the Group proactively seize enormous business opportunities in the China market and continue to drive business growth. Transmit Entertainment will further utilize its whole industry chain capabilities to continuously enhance its profitability and extend our competitive edges in the industry, and generate sustainable and satisfactory returns to our shareholders."

About Transmit Entertainment Limited (stock code: 1326)
Transmit Entertainment Limited is a fully-integrated media and entertainment company that empowers the consumer industry. It principally engages in (i) film, TV series and variety show production and distribution; (ii) film exhibition; and (iii) pan-entertainment (including internet celebrities and artiste agency, and pan-entertainment businesses along the value chain). The Group strives to implement the development strategy in relation to the stay-at-home economy and brand diversity through combining resources of scriptwriting, d irection and celebrity to cultivate, explore and create popular films and television copyrights by continuously offering quality content and nurturing talented artistes in order to develop its self-owned full industry chain model and construct a unique soft-power moat.

Taking advantages of online platforms to cultivate new artistes and celebrities, the Group proactively explores and develops self-owned retail brand targeting young consumers to further diversify the revenue base by identifying business opportunities in relation to the stay-at-home economy on four aspects, including online stream, short videos, celebrity cultivation and traffic monetization, which eventually forms a business model with the Group being the center supported by film, television and variety show. The Group also expands its business through partnership and enriches its industry chain with self-developed products, forming an integrated upstream and downstream industry chain to fully seize the new opportunities arising from the pan-entertainment business.



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comTransmit Entertainment Limited ("Transmit Entertainment" or the "Company", together with its subsidiaries, the "Group"; stock code: 1326) today announced its unaudited interim results for the six months ended 31 December 2021 (the "Review Period").

Etermon Raises $2 Million in Private Round

Ho Chi Minh, Vietnam, Feb 25, 2022 - (ACN Newswire) - The BSC-based GameFi project has successfully raised $2 million in a recently-concluded private round to cap off its good run in early 2022.

Etermon, a strategy-centered NFT game developed by Vietnam-based Moli Studio, has hit the million-dollar mark in Private round. This round of funding began in End-December and had attracted investment worldwide. There are notable names such as Bluewheel Capital, Automatic Venture Group, Croc Capital, CoinCu Ventures, CoinLab Ventures, OGRTZ Ventures, Metaver Ventures and many others.

In addition to receiving support from international investors, Etermon works with a high-profile advisory board. Those include experts in blockchain and finance from Vietnam, Taiwan, Hong Kong, Poland and USA. The coordinates of a group of advisors who have a rich experience in the industry have made a stable foundation for Etermon to run sustainably as well as capable of achieving great success.

One of Etermon's strategic partners is Ulti Arena - a Poland-based proof of gaming and NFT marketplace for gaming artists and developers. With the gaming community at the heart of Etermon's long-term plan, a partnership with Ulti Arena will help Moli Studio's brainchild in extending fanbase and product utilization.

These developments put Etermon off to a good start in 2022 as the project is on the right track towards achieving milestones according to its roadmap. As of February 2022, Etermon's game development is halfway through.

In March, it is expected that Etermon will release the testnet version for the community to gain feedback and thereby make enhancement updates. Come April, Etermon will be officially released on both web and mobile platforms.

About Etermon

Etermon is a 2D card-battle game with cartoonish graphic, simple but addictive gameplay. The NFT gaming market is already filled with plenty of projects and Etermon is one of a few to stand out in terms of strategic aspects.

The game applies the dominant "Play-to-earn" model that gives players the chance to generate an income stream through playing. Players can be awarded unique items with verifiable ownership that can then be traded, bought, or sold. Etermon is a part of the vast Eternity universe, where different game products will be developed in the long run and have a certain connection with each other.

Besides monetization, Moli Studio is committed to creating a product that leverages player ownership and a truly unique community-driven economy. Through this GameFi project, the team strives to build Etermon as a long-term product and make its way into the international scene.

Follow Etermon's official channels to keep up to date with the latest news.

Social Links:
Telegram: https://t.me/EtermonAnnouncement
Twitter: https://twitter.com/EtermonOfficial
Discord: https://discord.gg/m6QTpYK7pW
Facebook: https://www.facebook.com/EtermonOfficial

Media contacts
Brand name: Etermon
Contact: Filip Tran, CEO
E-mail: filip@etermon.io
Website: https://etermon.io

SOURCE: Etermon



Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.com

Leon Fuat Berhad’s Q4 Profit After Tax Jumps 61.8% to RM29 Million

SHAH ALAM, Malaysia, Feb 25, 2022 - (ACN Newswire) - Leon Fuat Berhad ("Leon Fuat" or the "Group"), a manufacturer and trader of steel products, specialising in rolled long and flat products today released the Group's financial results for the fourth quarter ended 31 December 2021 ("Q4FY2021") recording 61.8% growth in profit after tax ("PAT") to RM29.09 million compared with RM17.98 million in the corresponding quarter of the preceding year ("Q4FY2020").

Calvin Ooi Shang How, Executive Director of Leon Fuat

The Group is pleased to note that for the quarter under review, revenue increased by 27.8% to RM254.21 million compared with RM198.96 million in Q4FY2020 while profit before tax ("PBT") recorded a 106.5% increase to RM38.61 million compared with RM18.70 million.

On a segmental basis, revenue from trading of steel products registered a 26.5% increase to RM81.95 million while revenue from processing of steel products recorded a 28.4% rise to RM172.18 million. The trading segment's contribution to revenue stood at 32.2% in Q4FY2021 compared with 32.6% in the corresponding quarter of FY2020 while the processing segment's contribution stood at 67.7% compared with 67.4% in Q4FY2020.

For the financial year ended 31 December 2021 ("FY2021"), PAT grew 377.6% to RM135.98 million compared with RM28.47 million in the preceding financial year. PBT increased 418.1% to RM172.85 million compared with RM33.36 million while revenue gained 50.4% to RM886.58 million compared with RM589.58 million registered in FY2020.

Calvin Ooi Shang How, Executive Director of Leon Fuat said, "The Group's financial performance for the quarter under review was supported by higher revenue and better gross profit margin from the rise in average selling prices in both the trading and processing of steel products. For the financial year as a whole, revenue was also supported by higher overall average selling prices that also resulting in better overall gross profit margin".

"We are maintaining our cautious outlook for 2022 on downside risks arising from decelerating economic growth amid continued COVID-19 flareups across the world, diminishing policy support and lingering supply bottlenecks. While the Malaysian economy is expected to grow by 5.5% to 6.5% this year on continued external demand and private sector expenditure, we note concerns over new virus variants, inflation and financial stress that could weigh on economic recovery too".

"We will continue to monitor the movement of steel prices as we anticipate commodity price volatility due to global factors. Our monitoring will also continue for foreign currencies while negotiating forward contracts where necessary and having prudent inventory management. The Group will continue to actively address COVID-19 concerns by adhering strictly to standard operating procedures and having in place emergency response teams in three of our major subsidiaries".

Copyright 2022 ACN Newswire. All rights reserved. www.acnnewswire.comLeon Fuat Berhad ("Leon Fuat" or the "Group"), a manufacturer and trader of steel products, specialising in rolled long and flat products today released the Group's financial results for the fourth quarter ended 31 December 2021 ("Q4FY2021") recording 61.8% growth in profit after tax ("PAT") to RM29.09 million compared with RM17.98 million in the corresponding quarter of the preceding year ("Q4FY2020").

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