Wednesday 5 April 2017

SGX Update : Philips Lighting announces launch of a new chatbot service on its Singapore Facebook page.


Image result for  chatbot service on its Singapore Facebook page.

Philips Lighting has reported the dispatch of another chatbot benefit on its Singapore Facebook page, which permits clients to buy the gathering's purchaser items conversationally through the Facebook delivery person stage. 

The administration can be gotten to by looking into "Philips Lighting Singapore" in Facebook's Messenger contact seek include. 

In a discharge issued on Wednesday, Phillips Lighting cases to be the principal lighting arrangements organization to declare the dispatch of a chatbot, a term used to allude to a PC program intended to reenact human discussion by means of manmade brainpower. 

Facebook clients now will have the capacity to get round-the-check help with settling on their lighting buy choices through the chatbot, which reacts with item proposals and permits clients to make a buy specifically. 

The organization includes that the dispatch of its chatbot is one of a few activities it has attempted for its LEDs Get Smart crusade, which expects to instruct buyers on the advantages of introducing "the correct lights" at home. 

Under this crusade, Phillips Lighting includes that it has additionally joined forces with Lazada Singapore to dispatch its "first-historically speaking claim to fame e-store" on the last's online business stage. 

"The association with Facebook and Lazada Singapore will fill in as a great open door for Philips Lighting to tap onto the developing online business showcase section to open new business income," remarks Alok Ghose, overseeing chief and group pioneer for Philips Lighting in Singapore, Malaysia and Exports. 

"These stages will empower us to convey light past brightening to Singaporean family units, associating their home lighting frameworks to the Internet of Things, a suitable initial phase in building homes in a Smart Nation,"

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Tuesday 4 April 2017

SGX Update : Sinopipe Holdings is on track to becoming a cash company.

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Sinopipe Holdings is on track to turning into a money organization in the wake of consenting to arrange all its working auxiliaries. 

This came after the withdrawal of noteworthy keeping money offices in China brought about the end of a few generation plants having a place with Sinopipe, constraining the organization to arrange six backups including 99.4% possessed Fujian Atontech, its primary auxiliary and the producer and merchant of plastic pipe fittings and related materials. 

Alternate auxiliaries are 49% claimed Sinopipe Guizhou, 35% Yunnan Aton, 3% Mongolia Aton, 30% Yatong Hubei and 25% Yatong Kaifeng. 

In a Monday night recording, Sinopipe said the unaudited net risk position of the gathering of RMB878.0 million ($178 million) as at Dec 31 2016 and the on-going rebuilding endeavors of the gathering has prompted challenges confronted by administration in drawing in financial specialists to focus on any type of speculation. 

"The powerless money related wellbeing further uncovered the organization and its backups to different potential dangers, including however not restricted to rupture of supply assention, loss of clients, back installment of compensation and legitimate procedures," says Sinopipe. 

Suspended since April 2, 2012, Sinopipe's administration has not figured out how to turn the circumstance around. 

On March 31, Sinopipe and entirely possessed auxiliaries Best Connect Resources, Eagle Super Associates and One Sea Development, on the whole known as BVI Subs, marked a deal and buy concurrence with purchaser Fujian Yatong Construction Material. 

Upon fruitful consummation of the proposed transfer, the objective organizations will stop to be auxiliaries or a partner - on account of Yunnan Aton - of the organization. 

Fujian Yatong, a producer of plastic channels with a paid-up capital of RMB10.8 million, will likewise be permitted to select staff to Fujian Atontech to partake in its day by day operations and administration. 

The proposed transfers will require the endorsement of shareholders at an EGM.

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Monday 3 April 2017

SGX Update : GuocoLand target an expansion beyond Asia have a deal Eco World International debuts on Bursa Malaysia

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SGX-recorded property amass GuocoLand Limited has denoted its venture into the UK and Australia by means of its joint-wander organization, Eco World International (EWI). 

EWI right now has four advancement extends under development in London and Sydney, with an expected aggregate gross improvement estimation of around £2.4 billion ($4.2 billion). 

As at 31 January 2017, the aggregate contracted deals from EWI's four ventures are roughly £1.2 billion. 

EWI made its exchanging debut on Bursa Malaysia on Monday, opening at RM1.31 - exactly 11 sen higher than its retail offer cost of RM1.20. 

In a media proclamation, GuocoLand says this denote "the start of a key association" with Eco World Development Group Berhad (ECB), a main Bursa-recorded property designer. 

GuocoLand and ECB are the two biggest shareholders in EWI, with each holding an equivalent 27.0% stake. 

At the cost of RM1.20 per IPO share, EWI's IPO was the biggest in Malaysia since June 2015. GuocoLand's interest in EWI added up to RM777.6 million ($246 million). 

The retail offering to the Malaysian open was oversubscribed by 8.87 times. 

"Our key organization with EWB in EWI speaks to solid advance on our wander into the UK and Australia, to develop our business past Asia," says GuocoLand Group President and CEO, Raymond Choong. 

"With the joint support of GuocoLand and EWB, EWI will be better situated to develop its business in the two expansive and energizing markets," Choong includes. 

As at 11.24am, shares of GuocoLand are exchanging level at $1.85.

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