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Archive for October 3rd, 2011

MDIS Opens Brand New 15 Storey Hostel Within Its S$120 Million Integrated Campus

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– Hostel, catering to foreign students, is one of Singapore*s largest
by a private educational institution
– MDIS will also set up its first postgraduate centre at the campusSINGAPORE, Sept. 20, 2011 /PRNewswire-Asia/ — New foreign students of MDIS need not have to look far for accommodation — its brand new S$80 million student hostel has opened its doors within the integrated campus in Stirling Road. The 15-storey hostel, one of the largest to be built by a private education institution in Singapore, can accommodate up to 1,700 students.

His Excellency S R Nathan, President of the Republic of Singapore, officially opened the hostel on 8 July, 2011.

The hostel is part of MDIS’ overall development to expand and upgrade its existing Campus as it targets to have 20,000 local and foreign students by 2015.

The hostel is not only notable in its size but also its design and facilities – and very importantly – its green focus.

MDIS Residences@Stirling, as it is officially called, comes with innovative features to ensure secure and homely comfort for international students. It is the first hostel in Singapore to win the Building and Construction Authority’s (BCA) Green Mark Gold Plus Award for its green features.

“After I have done my research, MDIS emerged as the front runner. I can now stay at hostel and study right at the place next to it. I can go to school and do everything conveniently,§ said Ms Carmen Ng Kar Mun, a Malaysian student.

Besides the brand new hostel, MDIS is also investing another S$40 million to upgrade its facilities by adding three new buildings on its existing campus to provide more office space, lecture rooms, technical studios and car park lots.

A new academic-focused postgraduate center will also be built in the new integrated campus.

“This centre is aimed at bringing in overseas lecturers and teaching fellows from our reputed university partners to teach our students in Singapore. That this will further raise our standards of educational excellence and provide better interaction between our overseas university partners and our students. This will also further enhance the globalisation of the MDIS learning experience which is key to the success of our students and graduates in an increasingly globalised world,” said Dr Theyvendran, MDIS Secretary-General.

On 19 May 2011, MDIS received the Reader’s Digest Trusted Brands 2011 Gold Award based on six key attributes of trustworthiness and credibility, quality, value, understanding of customer needs, innovation and corporate social responsibility.

In 2010, MDIS was awarded the 4-year Edutrust certification by the Council of Private Education (CPE). This certification is awarded to private education institutions (PEIs) that have met the stringent standards set by CPE.

These standards include management commitment and responsibilities, corporate governance and administration, external recruitment, student protection and support services, academic processes and assessment of students, and quality assurance.

About Management Development Institute of Singapore (MDIS)

MDIS, founded in 1956, is Singapore’s oldest not-for-profit professional institute for lifelong learning. MDIS has two subsidiaries: MDIS Pte Ltd to oversee its Singapore academic operations, and MDIS International Pte Ltd to further its globalisation strategy.

MDIS provides well-accredited courses, seminars and management services and opportunities for individuals to develop professionally through academic programmes in Business and Management, Engineering, Fashion and Design, Information Technology, Life Sciences, Mass Communications, Psychology and Travel, Tourism and Hospitality Management. They are offered in collaboration with highly acclaimed universities in Australia, France, the United Kingdom and the United States of America.

In September 2008, MDIS set up its first overseas campus in Tashkent, the capital of Uzbekistan in Central Asia, to offer world-class tertiary education to students from the Central Asia region.

MDIS inked a landmark deal with EduCity@Iskandar in June 2010 and is the first Singapore private tertiary institution to make its foray into Malaysia. The new 30-acre campus will be funded internally by MDIS and is expected to take in its first batch of students in 2013.

MDIS has representative offices in China, India, Indonesia, Sri Lanka, Thailand and Vietnam.

Media Enquires
On behalf of MDIS, please contact:
Tham Moon Yee Stratagem Consultants Pte Ltd
Tel: +65-6227-0502
Fax: +65-6227-5663

SOURCE﹛Management Development Institute of Singapore (MDIS)

Written by asiafreshnews

October 3, 2011 at 4:11 pm

Posted in Uncategorized

Minmetals Resources Limited C$8.00 per Share Cash Offer for Anvil Mining Limited

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HONG KONG, Sept. 30, 2011 /PRNewswire-Asia/ —


Compelling offer for Anvil shareholders

  – The all cash Offer price of $C8.00 per common share (or a total of approximately C$1,330
    million) provides certainty for Anvil shareholders in volatile markets.
  – The Offer represents a 30% premium over the 20 day trading Volume Weighted Average Price
   (VWAP) of Anvil’s common shares on the Toronto Stock Exchange (TSX) up to 29 September
  – MMR has entered into a lock up agreement with directors, senior officers and the major
   shareholder Trafigura Beheer B.V. to tender 40.1% of the total shares into the Offer.
  – The Anvil Board has unanimously approved entering into a support agreement and will
   recommend that Anvil shareholders tender to the Offer.

Immediate copper production increase for MMR with high quality Kinsevere mine

  – Anvil’s key asset, the Kinsevere mine located in the Democratic Republic of Congo
   (“DRC”), will add 60,000 tonnes per annum of copper cathode increasing MMR’s copper
   output by approximately 60%.
  – The Kinsevere mine adds substantially to MMR’s copper reserves with a 14 year mine life.
  – MMR can leverage off its significant experience in similar operations such as its Sepon
   project in Laos that will produce around 80,000 tonnes of copper cathode in 2012.

Delivering on MMR’s growth strategy

  – Anvil’s copper operations are an excellent fit with MMR’s strategy to build an upstream,
   international diversified base metals company.
  – The Anvil acquisition is expected to be cash flow and earnings per share accretive.
  – Expected proceeds from the sale of MMR’s non-core trading and fabrication businesses
   will directly offset against the funding for this transaction.
  – Anvil provides a sound platform and experienced management and operations team for MMR
   to further expand into the Central African copper belt and Southern Africa.

Minmetals Resources Limited (HKSE: 1208) (“MMR” or “the Company”) announced today that is has entered into a support agreement with Anvil Mining Limited (TSX: AVM) (ASX: AVM) (“Anvil”) for MMR to make a friendly takeover offer to acquire all of the common shares (on a fully diluted basis) of Anvil (“the Offer”). The Anvil Board has unanimously determined that the Offer is in the best interests of Anvil’s shareholders and will recommend that shareholders accept the Offer.

The Offer will be for C$8.00 per Anvil share in cash, or a total of approximately C$1,330 million (equivalent to approximately HK$10,044 million). The Offer represents a 30% premium over the 20 day trading Volume Weighted Average Price (VWAP) of Anvil’s common shares on the TSX up to 29 September 2011.

In addition, MMR and Anvil have today agreed to enter a lock up agreement with Trafigura Beheer B.V., the majority shareholder of Anvil, and each of Anvil’s directors and senior officers to tender all of their shares, representing 40.1% of the total common shares (on a fully diluted basis), to MMR during the Offer.

Andrew Michelmore, CEO and Executive Director of MMR said: “We are very pleased to announce this agreement today together with Anvil, and to take this important step forward in MMR’s growth strategy.”

“An acquisition of Anvil meets MMR’s investment and strategic growth objectives and offers Anvil shareholders compelling value for their shares.”

“MMR’s aim is to build an international mining group based on a unique operating model that brings together the skills and experience of an international management team with the long term commitment of a major Chinese corporation as its major shareholder.”

“We believe this acquisition, which will expand MMR’s global footprint and add a pure copper play to our diversified portfolio, will propel us further along that path.”

MMR will finance the Offer, including fees and expenses, through a combination of an acquisition finance facility from its majority shareholder, China Minmetals Nonferrous Co., Ltd, and its own cash reserves.

The Offer is subject to the approval of MMR shareholders. An Offer circular together with a notice of an extraordinary general meeting (EGM) to approve the Offer is expected to be dispatched to MMR shareholders on or before 11 November 2011. If permitted by the Listing Rules of the Hong Kong Stock Exchange, shareholder approval may be obtained through a resolution in writing signed by the holders of a majority of the ordinary shares in the capital of the company.

The Offer is to be made pursuant to the terms and conditions of the support agreement. These conditions include that MMR accumulates 662/3% of the outstanding common shares (on a fully diluted basis) of Anvil. In addition the support agreement contains customary non-solicitation covenants on the part of Anvil, a matching right for MMR in the event any superior proposal arises, a break fee of C$53.2 million payable by Anvil to MMR in certain circumstances (including if Anvil recommends a superior proposal), and a reverse break fee of C$20 million payable by MMR to Anvil if MMR shareholder approval is not obtained within 80 days of the commencement of the Offer.

MMR has sought approval from the Australian Foreign Investment Review Board for the acquisition. MMR understands that as the Anvil assets are located in the DRC and the management and executive team are based in Australia, that Investment Canada is not expected to review the transaction.

BNP Paribas is acting as financial advisor to MMR and Davies Ward Phillips Vineberg (Canada), Linklaters (Hong Kong and Paris), Kalamba & Associes (DRC) and Freehills (Australia) are providing legal advice.

For further details please view the Hong Kong Stock Exchange announcement available at or

About Minmetals Resources Limited

Minmetals Resources Limited (HKSE 1208), is an international upstream base metals company. It is one of the world’s largest producers of zinc as well as a substantial producer of copper, lead, gold and silver. MMR has mining operations located in Australia and Asia and a large portfolio of exploration and development projects in Australia, Asia and North America. Its operations include the Century zinc mine in Queensland, Sepon copper and gold operations in Laos, Golden Grove underground base and precious metals mine in Western Australia and the polymetallic Rosebery mine in Tasmania. MMR is managed by an international management team, headquartered in Australia, is listed on the Hong Kong Stock Exchange and is supported by its majority shareholder, China Minmetals Nonferrous Co., Ltd.

About Anvil Mining Limited

Anvil Mining Limited (TSX: AVM) (ASX: AVM) is an African focused base metals mining and exploration group. Its principal activities include mineral exploration, development and mining. The Anvil group’s copper production for the six months ended 30 June 2011 totalled 9,315 tonnes. Its interests comprise a 95% equity interest in the Kinsevere project in the Katanga province of the DRC and a 70% equity interest in the Mutoshi project in the Katanga province of the DRC.

Anvil also holds 14.5% of the issued and outstanding capital of Mawson West Limited, which has a large interest in the Dikulushi mine in the DRC, and has interests in a number of exploration properties in the DRC.

Investor and media teleconferences

Hong Kong and Australia

Investors and Analyst Presentation Time: 10.00 – 11.00am Friday 30 September HK Time (12.00-2.00pm Melbourne Time)

Analyst Presentation Webcast Public Link:  

Hong Kong (Auto) : (852) 2112 1888
Australia toll free : 1 800 007 642
Sydney Access : (612) 8223 9906
China Access : 4006 786 766
China Access : 4008 108 338

Passcode: 7078530#

Media Conference
Time: 12.00 – 1.00pm Friday 30 September HK Time (2.00-3.00pm Melbourne Time)

Press Conference Call Webcast Public Link:
Hong Kong (Auto) : (852) 2112 1888
Australia toll free : 1 800 007 642
Sydney Access : (612) 8223 9906
China Access : 4006 786 766
China Access : 4008 108 338

Passcode: 7476530#  


Investors and Analyst Conference Time: 10.00-11.00am Friday 30 September (Toronto Time)

Press Conference Call Webcast Public Link:
Hong Kong (Auto): (852) 2112 1888
Canada toll free: 1 866 636 2495
UK toll free: 0800 032 2849
US toll free: 1 866 213 0992
US toll free: 1 866 226 1406
London Access: +44 (0203) 024 5279
Boston Access: 1 857 207 3822
Chicago Access: 1 312 253 7236
LA Access: 1 562 265 1449
New York Access: +1 (212) 444 0378
San Francisco Access: 1 650 360 0173
Washington DC Access: 1 202 559 6484

Passcode: 7976530#

Media enquiries:
Sally Cox
Group Manager – Communications
Minmetals Resources Limited
T +61 3 9288 0850
M +61 417 144 524

Hong Kong investor and media enquiries:
Richard Barton
Kreab Gavin Anderson
T + +852 2218 9988 / 9308 1056

Investor enquiries:
Martin McFarlane
General Manager – Investor Relations  
Minmetals Resources Limited
T +61 3 9288 0954
M +61 467 749 759

Grace Zhang
Kreab Gavin Anderson
T +852 2218 9922 / 6746 8971

Canadian media enquiries:
Ian Hamilton
DFH Public Affairs
T+ 416 206 0118 ext.222

Grace Zhang
Kreab Gavin Anderson
T +852 2218 9922 / 6746 8971

Written by asiafreshnews

October 3, 2011 at 10:53 am

Posted in Business & Finance

ConvenientPower Launches World’s First Tilted Qi Wireless Charger and World’s First iPhone 4 5-Watt Qi Compatible Wireless Power Receiver

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Pioneering in-use-while-charging and fastest full charging for Qi compatible products, ConvenientPower launch at CEATAC Japan takes universal wireless charging to new level

HONG KONG, Sept. 30, 2011 /PRNewswire-Asia/ — ConvenientPower, a global leader in innovating patent-protected wireless power technology and products, will debut a new generation of wireless charging solutions for the global market at CEATEC Japan, a major trade show highlighting world-leading technologies, products and services.

ConvenientPower will showcase the new products at Hall 3, Wireless Power Consortium Booth 3A65, Makuhari Messe, Tokyo from October 4-8.

The world’s first Qi tilted wireless charging platform is unique in its in-use-while-charging design and functionality for Qi compliant smartphones.

“Customers are continually looking for wireless charging solutions which not only charge their smartphones, but also allow them to continue using their smartphones while charging. ConvenientPower’s Qi tilted wireless charger slants at a vertical diagonal for intuitive, convenient video conferencing in portrait mode or watching video clips, movies in landscape mode while charging at the same time. This is a first in Qi wireless charging,” said Bas Fransen, Chief Marketing Officer of ConvenientPower.

The world’s first Qi tilted wireless charger incorporates ConvenientPower’s cutting-edge hybrid Litz PCB coil array technology, most recently approved by the industry’s Wireless Power Consortium as a new Qi-based wireless charger option.

ConvenientPower is also launching the world’s first iPhone 4 5-watt Qi compatible wireless power receiver which delivers the fastest Qi, full charging of an iPhone 4.

“ConvenientPower’s state-of-the-art wireless power conversion technology allows integration of receivers in ultra thin protective Qi compatible charging sleeves, enabling users to charge iPhone 4s fastest on any Qi transmitter, a breakthrough in Qi wireless charging,” said Fransen.

Qi is the only universal standard for compatible wireless charging where any devices enabled with Qi can be charged, without wires, on any charging surface carrying the Qi logo, regardless of brands or manufacturers.

About ConvenientPower

ConvenientPower is a global leader and innovator in wireless power charging patent-protected intellectual property and productization. It co-architected “Qi”, the world’s only universal standard for compatible wireless charging, co-founded the industry’s Wireless Power Consortium and pioneered the world’s first Qi wireless power products with partners in the market in the USA, Japan and Europe. Headquartered in Hong Kong, ConvenientPower Group is the first to productize compatible Qi wireless charging products in key markets.
SOURCE ConvenientPower

Written by asiafreshnews

October 3, 2011 at 10:23 am

i.Tech’s New aptX(TM) SPLASH Bluetooth Headset Delivers CD-Like Streaming Audio

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SPLASH Android(TM) App adds fun, on-screen features, including battery-level indicator and some headset functions

KUALA LUMPUR, Malaysia, Sept. 30, 2011 /PRNewswire-Asia/ — i.Tech Dynamic( ) today introduced SPLASH, its new Bluetooth headset with aptX(TM) technology. aptX(TM) has quickly become the standard for enabling the delivery of clear, CD-like streaming audio for wireless audio products. When SPLASH is used with aptX(TM)-enabled smartphones, the audio is virtually indistinguishable from that of wired devices.

(Photo: )
(Photo: )
(Logo: )

“CSR enjoys a strong business relationship with i.Tech Dynamic,” said CSR’s Senior Director of aptX, Noel McKenna, “and we are really excited about the launch of their sleek new aptX SPLASH Bluetooth headset. Now, thanks to aptX technology, SPLASH users can enjoy wire-free CD-quality stereo audio with Bluetooth.”

“This unique Bluetooth headset is perfect for consumers with active lifestyles who love listening to music, having fun and using the latest technology,” said Ka Wong, Chief Technology Officer, i.Tech Dynamic Global Distribution Limited, “SPLASH lets them enjoy high-quality audio that they would expect only from wired headsets. Plus, they’ll have the first Bluetooth headset that lets them see the headset’s battery level on their Android screens, as well as be able to see the battery level on their iPhones. SPLASH’s fun, smart functions add up to an extremely enjoyable streaming audio experience.”

SPLASH has a range of features that deliver enhanced functionality on the user’s smartphone.

Fun Features for Android Users

Users with Android-based smartphones can download the SPLASH Android(TM) App for added functions on their devices. In addition to the on-screen battery-level icon, the SPLASH app lets users control some headset functions from their Android screens, including volume control (separate settings enable different volume levels for the headset, music and radio), FM radio channel presets and FM radio settings. Finally, users can see what station they are listening to — no more guessing!

The SPLASH App also boasts a Voice SMS that lets users hear their SMS messages automatically read aloud on the connected i.Tech device.

Colorful, creative, beach-inspired graphics in the app add to the user experience. A jet-skier indicates the battery level, and a shark appears when the battery is running low. Other beach-based characters having fun in the sun let users set the volume levels.

The SPLASH Android(TM) App is available to download for free at Android Market. The SPLASH video is also available on YouTube at

Enhancements for iPhone Users

For iPhone users, the SPLASH Bluetooth headset includes TalkApp and BatteryApp developed by i.Tech exclusively for its headsets. TalkApp minimizes distortion and ensures voice capture replicates the speaker’s original voice level. BatteryApp utilizes a software feature in the iPhone’s operating system to automatically display a battery-level indicator beside the Bluetooth logo on the phone’s screen once the devices are paired. (No App download is required.)

SPLASH Features, Specifications and Availability

Other SPLASH features include multifunction buttons that control power, pairing, call answer and end, call forward and reject, music play and pause, volume, FM radio power, FM radio scanning and radio station retrieve. There’s also a pairing status indicator and a 3.5 mm audio socket.

SPLASH comes with stereo and mono headphones, the Splash Proof Pouch which can hold a headset, and a USB charging cable. Its unique clip design enables the unit to be conveniently affixed to the user’s clothing.

The headset’s specifications are:

— Bluetooth specification: Version 2.1 + EDR Class 2
— Bluetooth profile support: Headset, hands-free, A2DP and AVRCP
— Talk time: up to 6.5 hours
— Music playing time: up to 5 hours*
— FM radio playing time: up to 6 hours
— Standby time: up to 350 hours
— Charge time: less than 2 hours for a full charge
— Dimensions: 44.5 (L) x 20 (W) x 24 (T) mm
— Weight: 115.4 grams / 0.54 ounces

*may vary due to operation mode and use of aptX(TM)

SPLASH comes in black, blue, green, purple and white. It will be available in stores in early October, and its MSRP is USD70.

About i.Tech Dynamic

i.Tech Dynamic Global Distribution Ltd. specializes in mobile telecommunications accessories. Since its founding in 2002, the company has established a reputation for developing products with sleek designs and good value. Dedicated to innovation and supported with advanced research and development resources, i.Tech stands for Technology, Entertainment and Enjoyment, Communications and Creative, as well as Hybrid and Harmony. The butterfly graphic is to symbolize a transformation from chrysalis into free, lively, vitality and vivid butterfly. i.Tech is committed to developing mobile accessories based on these principles and that enhance users’ enjoyment of wireless communications. For more information, visit .


SK Chong
Mobile Concepts (M) SDN BHD
SOURCE i.Tech Dynamic

Written by asiafreshnews

October 3, 2011 at 9:59 am

Posted in Technology

RS Components Wins Prestigious Customer Contact Centre Award in China

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SHANGHAI, Sept. 29, 2011 /PRNewswire-Asia/ — RS Components (RS), the world’s leading high service distributor of electronics and maintenance products and the trading brand of Electrocomponents plc (LSE: ECM), has been presented the “China Best Customer Contact Centre Industry Promising Star of the Year” at the 2011 China Best Customer Contact Centre and CRM Awards.

Organised by Customer Contact Centre and the BPO industry information portal (51Callcenter), the annual awards ceremony is a prestigious event that recognises China’s best in call centre and customer relationship management. The awards are targeted at improving the overall service and management of local customer contact centres and helping to establish industry standards as well as driving the rapid development of contact centres in China.

Over 500 companies in China submitted entries for the awards, which are judged on strict criteria that include the 4Ps contact centre international standard and three rounds of rigorous assessments.

Despite fierce competition, RS Components was a strong contender at this year’s awards and won the ” China Best Customer Contact Centre Industry Promising Star of the Year” title. RS Components displayed a number of key strengths and the judges commented that the company had shown a clear and decisive customer-centric strategy. This strategy translated across the customer service teams, enabling them to deliver both efficient and effective service to their customers.

Clement Zhang, Country Manager for RS Components, China, said, “Winning the award is a strong testament of RS Components’ commitment to local customers to provide world-class service and support. Thanks to the hard work put in by our team in China, our commitment to customers rivals other leading companies who are synonymous with offering a superior customer service experience.”

Over 400 delegates from all over China attended the awards dinner, including senior government officials.  Other award winners included internationally acclaimed companies such as HP, Sony, eBay, and DHL, and local companies, including China Mobile, the Industrial and Commercial Bank of China.

About RS Components

RS Components and Allied Electronics are the trading brands of Electrocomponents plc, the world’s leading high service distributor of electronics and maintenance products. Through operations in 32 countries and 17 warehouses, the Group serves 1.6 million customers worldwide and distributes 550,000 products ranging from semiconductors and optoelectronics to power tools and protective clothing. The product and service portfolio supports the entire product lifecycle from R&D through pre-production to maintenance and repair. The Group ships more than 46,000 parcels on the same day the orders are received.

Electrocomponents plc is listed on the London Stock Exchange and in the last financial year to 31 March 2011 had revenues of GBP1.18bn.  For more information, please visit the website at

About China Contact Centre and CRM Awards

Organized by Customer Contact Centre and the BPO industry information portal (51Callcenter), the China Call Centre and CRM Awards is one of the most influential events within China and globally for the call centre and CRM industry. Also known as the “Oscars” of the industry, the annual event presents awards to organizations across China from 17 different award categories.

The awards are judged on the international 4PS strategy industrial standard and participants are evaluated under the guidance of National Software and Integrated Circuit Public Service Platform, Ministry of Industry and Information and China Contact Centre & BPO Association (CNBCA).


RS Components
Tan Soo Chun
PR Manager — Asia Pacific
Tel: +65 6391 5745

Further information is available via these links:

RS Components on Linkedin:

Relevant Links:
Electrocomponents plc:


SOURCE RS Components

Written by asiafreshnews

October 3, 2011 at 9:40 am

Posted in Uncategorized