HONG KONG, Nov 25, 2022 - (ACN Newswire via SEAPRWire.com) - Tat Hong Equipment Service Co., Ltd. ("Tat Hong" or the "Company", together with its subsidiaries, the "Group") (Stock Code: 2153), the first foreign-owned tower crane service provider established in the PRC, has announced its interim results for the six months ended 30 September 2022 (the "Period").During the Period, the Group recorded revenue of approximately RMB 387.4 million, representing a decrease of approximately 6.8% as compared with that for the six months ended 30 September 2021. Loss attributable to equity shareholders of the Company for the period amounted to approximately RMB 41.9 million, mainly due to the one-off currency exchange loss on USD borrowings and the economic downturn caused by the COVID-19 pandemic (the "Pandemic"). The overall gross profit and gross profit margin decreased to RMB75.5 million and 19.5%, respectively. The Group's total Tonne Metres (TM) in use increased from approximately 1,479,145 for the period ended 30 September 2021 to 1,577,983 for the period ended 30 September 2022. As at 30 September 2022, the Group had 292 projects in progress with a total outstanding contract value of approximately RMB 605 million and 37 projects on hand with a total expected contract value of approximately RMB 68 million. Of these projects, the Group expects to complete contract work of approximately RMB 348 million by the end of 30 September 2023, demonstrating solid earnings visibility. Despite the gradual recovery in major economies and the surge in vaccination and immunity rates, the Pandemic has put pressure on every component of the Group's industry value chain. To contain the spread of the Pandemic throughout the country, numerous cities have adopted anti-pandemic measures, such as persistent or intermittent lockdowns, and certain projects were temporarily suspended on account of these measures. From April to June 2022, the Group's economic activities in eastern China were affected to a certain extent. In the meantime, against the backdrop of interest hikes by the US Fed and global inflation, economies around the world have encountered significant instability and pressure in the first half of the year. As the external environment remains volatile, the Group strives to adjust its operational strategy, optimise its management structure, and make timely and appropriate decisions in a bid to mitigate the risks brought by the Pandemic. Mr. Sean Yau, CEO of Tat Hong Equipment Service Co., Ltd. said, "After years of the lingering Pandemic, the market remains sluggish and real estate has been severely impacted. Fortunately, the Group has optimised its business structure by placing a greater emphasis on the other business segments, reducing the real estate to approximately 30% of total revenue, which will mitigate the negative impact of the industry's downturn. In the meantime, we will shift our focus to the energy, infrastructure and public construction segments.""With the continuous introduction of favourable policies and the development direction of the 14th Five Year Plan, which includes initiatives centred on 'new infrastructure, new urbanisation and major projects' and the aim of carbon neutrality, we believe that there are unexpected opportunities emerging in the (energy) infrastructure market. With our strong reputation and expertise, we are confident about the Group's prospects."Mr. Roland Ng, Chairman of Tat Hong Equipment Service Co., Ltd. concluded, "Going forward, we will use the Pandemic as an opportunity to stimulate and accelerate transformation, to accelerate the adoption and improvement of the digital platform 'iSmartCon', so as to further optimise the management of various stages of the production process. Moreover, we will focus on analysing the impact of the Pandemic on each business sector and project, reviewing and modifying strategic plans, and communicating updates with all stakeholders including suppliers, clients and employees. The Group will continue its efforts in meeting the increasing customer demands for prefabricated construction using medium and large size tower cranes, and to establish a standardised post-market service eco-system for tower cranes, with the aim of providing a sustainable foundation for a green, safe and environmentally friendly tower crane service industry value chain, while adhering to the proper safety standards and PRC prevention and control policies."About Tat Hong Equipment Service Co., Ltd. (Stock Code: 2153)Tat Hong Equipment Service Co., Ltd. is the first foreign-owned tower crane service provider established in the PRC. Since 2007, the Group has established as a tower crane service provider for one-stop tower crane solution services from consultation, technical design, commissioning, construction to after-sales services primarily to Chinese Special-tier and Tier-1 EPC contractors. Guided by its core values, "Virtue, Safety and Excellence", the Group has successfully established its market position and maintained stable, reputable and loyal customer base in the construction industry in the PRC. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
PETALING JAYA, Malaysia, Nov 16, 2022 - (ACN Newswire via SEAPRWire.com) - Samaiden Group Berhad, a renewable energy (RE) specialist principally involved in engineering, procurement, construction, and commissioning (EPCC) of solar photovoltaic (PV) systems and power plants today announced that for the first quarter ended 30 September 2022 (1Q FY2023), revenue grew 71.82% to RM40.77 million compared with RM23.73 million registered in 1Q FY2022.Group Managing Director of Samaiden, Ir. Chow Pui HeeFor the quarter under review, Samaiden recorded 19.90% increase in profit before tax to RM3.28 million compared with RM2.74 million in the corresponding quarter of the previous financial year. For 1Q FY2023, profit after tax registered growth of 18.02% to RM2.44 million compared with RM2.07 million in 1Q FY2022.EPCC services contributed to approximately 99.63% of Samaiden's revenue in 1Q FY2023. Its other businesses are environmental consultancy and operation and maintenance.Group Managing Director of Samaiden, Ir. Chow Pui Hee said, "The financial performance in the quarter under review is largely attributable to an increase in the number of projects as well as the higher value of the contract sums. We view positively the launch of the National Energy Policy 2022-2040 in September 2022 as it outlines the future and key priorities for the energy sector in the coming years. The policy will position the energy sector as a catalyst for socioeconomic development.""We are also encouraged by the new opening of a 600MW quota application by the Ministry of Energy and Natural Resources' under the Corporate Green Power Programme (CGPP) initiative. The CGPP uses the virtual power purchase agreement to enable the sale of renewable energy to corporate clients on mutually agreed pricing and contract duration. And the large-scale solar farm developers and/or generators can participate in the electricity market operated by Single Buyer through the New Enhanced Dispatch Arrangement (NEDA) mechanism and trading of the Renewable Energy Certificate (REC) and/or any green attributes.""The increasing adoption of solar PV systems and power plants by businesses keen to accelerate their efforts in Environmental, Social and Governance (ESG) initiatives will also provide us opportunities to offer our EPCC services for the installation of solar PV systems as well as solar and non-solar power plants. We will continue to leverage on our core competency and experience in providing end-to-end services for potential solar PV and other non-solar projects."Since the start of FY2023, Samaiden has secured new EPCC contracts with a combined value of approximately RM8.10 million. The new contract wins bring the current outstanding orderbook to RM325.40 million as of 30 September 2022 and is expected to contribute positively to revenue and profit over the next three years.Samaiden Group Berhad: 0223 [BURSA: SAMAIDEN], https://samaiden.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
SINGAPORE, Nov 15, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Incorporated ("SoPa") (Nasdaq: SOPA), SEA's leading data-driven loyalty, fintech and e-commerce ecosystem, today announces a filing of its 3Q 2022 Form 10-Q with the Securities and Exchange Commission. Please see filing here. https://www.sec.gov/ix?doc=/Archives/edgar/data/0001817511/000160706222000677/sopa093022form10q.htmSummary Points:- Nine months 2022 unaudited revenues grew 2,870% year on year (from $100,823 for nine months ended 30 September 2021 to $2,994,416 for nine months ended 30 September 2022).- Third quarter 2022 unaudited revenues grew 2,354% year on year (from $83,534 for third quarter ended 30 Sep 2021 to $2,050,264 for third quarter ended 30 September 2022).- Third quarter 2022 unaudited revenues grew 311% quarter on quarter (from $499,062 for second quarter ended 30 June 2022 to $2,050,264 for third quarter ended 30 September 2022).- With cash on hand of $23 million on 30 September 2022, SoPa is well capitalised for roll out of Society Pass loyalty platform and continuing acquisitions of Southeast Asia ("SEA") companies in loyalty, lifestyle, food & beverage delivery, telecoms, digital media, and travel verticals for the rest of 2022 and 2023.- Since inception, SoPa has onboarded 3.3 million registered consumers and over 205,000 registered merchants/brands onto its ever-expanding next generation digital ecosystem and loyalty platform in SEA.- SoPa completed a total of three acquisitions in 3Q 2022.Unaudited nine month 2022 revenues grew 2,870% year on year (from $100,823 for nine months ended 30 September 2021 to $2,994,416 for nine months ended 30 September 2022). Unaudited third quarter 2022 revenues grew 2,354% year on year (from $83,534 for third quarter ended 30 September 2021 to $2,050,264 for third quarter ended 30 September 2022).Unaudited third quarter 2022 revenues grew 311% quarter on quarter (from $499,062 for second quarter ended 30 June 2022 to $2,050,264 for third quarter ended 30 September 2022).Reporting cash on hand of $23 million on 30 September 2022, SoPa is well capitalised for roll out of the Society Pass loyalty platform and continuing acquisitions of SEA companies in loyalty, lifestyle, food & beverage delivery, telecoms, digital media, and travel verticals for the rest of 2022 and 2023.SoPa completed a total of three acquisitions in 3Q 2022, including Thoughtful Media Group ("TMG"), a Thailand-based a social commerce-focused, premium digital video multi-platform network, Mangan.ph, a Philippines-based restaurant delivery app, and a social commerce-focused, premium digital video multi-platform network, NusaTrip, a leading Indonesia-based Online Travel Agency.With these three acquisitions, SoPa has now amassed over 3.3 million registered consumers and over 205,000 registered merchants/brands onto its ever-expanding next generation digital ecosystem and loyalty platform in SEA.In the third quarter 2022, SoPa opened Bangkok and Jakarta offices.Remarking on SoPa's breakout 3Q 2022 financial performance, Society Pass CFO, Raynauld Liang, comments, "Our continuing robust year-on-year and quarter-on-quarter sales expansion confirms our momentum building, acquisitions focused operating model. We saw dramatic rise in revenues and number of registered consumers and registered merchants/brands. Leflair continues to recognise strong revenues, whilst our TMG and Nusatrip subsidiaries are generating the bulk of sales for the entire company. With the strong foundation being built, we look to achieve new highs in revenues as well as number of registered consumers and merchants in 4Q 2022 as we integrate market leading companies in the loyalty, lifestyle, food & beverage delivery, telecoms, digital media, and travel verticals."About Society Pass IncFounded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan.ph, a leading local restaurant delivery service in Philippines.For more information on Society Pass, please check out:Website at https://www.thesocietypass.com orLinkedIn at https://www.linkedin.com/company/societypass orFacebook at https://www.facebook.com/thesocietypass orTwitter at https://twitter.com/society_pass orInstagram at https://www.instagram.com/societypass/.Cautionary Note Concerning Forward-Looking StatementsThis press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Media Contacts:PRecious Communicationssopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Nov 1, 2021 - (ACN Newswire via SEAPRWire.com) - Pentamaster International Limited ("PIL" or "the Group") which is listed under the Main Board of The Stock Exchange of Hong Kong Limited announced its interim financial results for the nine months period ended 30 September 2021 ("9M2021") today. The Group recorded a new record in its quarterly revenue, with 9M2021 revenue stood at MYR385.7 million and its net profit stood at MYR86.4 million, marking an improvement of approximately 25.1% and 9.2% respectively from the corresponding period last year.9M 2021 Financial highlightsKey business unit revenue and trendRevenue by customer's segmentFor the nine months ended 30 September 2021, the Group's revenue was contributed by both the ATE and FAS segments, with each constituting approximately 70.0% and 30.0% respectively of the Group's revenue during the Period. The ATE segment recorded an increase in revenue by MYR68.1 million to MYR271.4 million for the nine months ended 30 September 2021 as compared to the Previous Corresponding Period. The ATE segment, was predominantly contributed by the electro-optical segment and the automotive segment. While the electro-optical segment continued to show recovery since fourth quarter 2020, the automotive segment gained its revenue momentum in the current quarter mainly through the delivery of its test handling equipment for IPM (integrated power module), thereby closing the automotive segment's revenue during the Period with a growth rate of 21.2% as compared to the same period last year. The Group continues to see upturn in momentum from the automotive segment given the strong growth in automotive electrification and the Group's timely involvement in anchoring its position in this segment as well as geographically across key automotive markets in North Asia region and European market. In general, the global technology "super cycle" momentum will continue to provide a growth platform for the Group's ATE in the immediate term and against the backdrop of such opportunity and supply chain headwinds, the Group continues to leverage on its research and development capabilities to methodically expand its product portfolio and offerings. Revenue from the FAS segment for the nine months ended 30 September 2021 increased by approximately 2.1% from MYR116.0 million recorded in the Previous Corresponding Period to MYR118.5 million. After marking double digit growth in 2020, the growth in the FAS segment for the nine months ended 30 September 2021 returned to its normal state given the current capacity and its projects on hand which require longer project lead time coupled with the supply chain disruptions. However, it was notable to witness a wider customer base achieved within this segment during the Period, in addition to a broader project portfolio under the application of the Group's proprietary i-ARMS (intelligent Automated Robotic Manufacturing System) solutions especially from the consumer and industrial products segment and electro-optical segment. From quarter two of 2021 to quarter three of 2021, the FAS segment marked a growth of approximately 35.2% and the Group is optimistic on the growth prospects of its FAS segment. The Group continues to witness the rapid shift of various industries towards smart manufacturing and the adoption of automation technology, more so with the effect of COVID-19 pandemic where many companies are keen to accelerate the pace of automation for better operational efficiency and digitalisation. OutlookOn the back of a healthy order book which is fuelled by a robust market sentiment in the current "super cycle", the Group expects to end its financial year 2021 commendably with yearly revenue record achievement. As the Government of Malaysia and global economies lifting the various level of restrictions related to the COVID-19 pandemic and with the impending opening up of more cross border travelling, the Group anticipates a smoother progress in its project site installation and deployment at its customer's premise, which is an important milestone for revenue recognition to take place. The widely-reported semiconductor shortage and supply chain constraints remained a pertinent concern to the global technology market. Towards this end, it is imperative for the Group to adjust its inventory management strategies as well as project lead time planning with its customers in order to effectively manage the challenging situation. As it is, the Group has been experiencing order intake momentum where customers across the industry segments are gradually preparing for higher levels of inventory to ensure supply security. Looking ahead, whilst still maintaining a cautious and observance stance, the Group anticipates a more stable and favourable operating environment as global economies' are slowly opening up with the pick-up in vaccination rate. The structural shift towards a greener Earth coupled with the proliferation of artificial intelligence and Internet of Things have accelerated the massive digital transformation across key industries such as the electro-optical, automotive, and semiconductor segment. The Group as a customised solution provider with many years of experience in this level playing field, believes it is well positioned to leverage and capture the growth from these industry megatrends where such trends will continue to sustain the Group's businesses on a long term basis. The Group's continuous focus on its 3-pillar business strategies of diversification across geographical region, business segments as well as product portfolio remains key in attaining a profitable and sustainable business operation. As it is, the Group has outlined key capital expenditure in funnelling its investment in anchoring its exposure to the rapid development in technological revolution and industrial transformation to enable the Group to seize its long term business prospects. About Pentamaster International LimitedPIL (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: Pentamaster International LimitedEmail: investor.relation@pentamaster.com.my ICA Investor Relations (Asia) LimitedE-mail: pentamaster@icaasia.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Oct 28, 2021 - (JCN Newswire via SEAPRWire.com) - Mazda Motor Corporation's production and sales results for September 2021 and for April through September 2021 are summarized below.I. Production1. Domestic Production(1) September 2021Mazda's domestic production volume in September 2021 decreased 49.3% year on year due to decreased production of passenger vehicles.[Domestic production of key models in September 2021]CX-5: 18,921 units (down 38.9% year on year)MAZDA3: 7,260 units (down 45.7%)CX-30: 5,808 units (down 21.9%)(2) April through September 2021Mazda's total domestic production volume in the period from April through September 2021 increased 14.3% year on year due to increased production of passenger vehicles.[Domestic production of key models in the period from April through September 2021]CX-5: 139,403 units (up 25.8% year on year)MAZDA3: 48,124 units (up 29.6%)CX-30: 28,719 units (up 28.5%)2. Overseas Production(1) September 2021Mazda's overseas production volume in September 2021 decreased 34.0% year on year, reflecting decreased production of passenger and commercial vehicles.[Overseas production of key models in September 2021]MAZDA3: 13,322 units (down 0.8% year on year)CX-30: 9,190 units (down 28.1%)CX-5: 2,798 units (down 16.1%)(2) April through September 2021Mazda's total overseas production volume in the period from April through September 2021 decreased 24.7% year on year due to decreased production of passenger and commercial vehicles.[Overseas production of key models in the period from April through September 2021]CX-30: 55,683 units (up 9.5% year on year)MAZDA3: 50,854 units (down 8.1%)MAZDA2: 18,516 units (down 4.3%)II. Domestic Sales(1) September 2021Mazda's domestic sales volume in September 2021 decreased 50.0% year on year due to decreased sales of passenger and commercial vehicles.Mazda's registered vehicle market share was 4.0% (down 1.6 points year on year), with a 1.8% share of the micro-mini segment (down 0.5 points) and a 3.2% total market share (down 1.2 points).[Domestic sales of key models in September 2021]CX-30: 1,632 units (down 43.8% year on year)MAZDA3: 1,599 units (down 29.8%)CX-5: 1,535 units (down 41.1%)(2) April through September 2021Mazda's domestic sales volume in the period from April through September 2021 decreased 19.2% year on year due to decreased sales of passenger and commercial vehicles.Mazda's registered vehicle market share was 3.5% (down 1.1 points), with a 1.8% share of the micro-mini segment (down 0.3 points) and a 2.9% total market share (down 0.7 points year on year).[Domestic sales of key models in the period from April through September 2021]MAZDA2: 9,388 units (down 22.8% year on year)CX-5: 7,230 units (down 15.3%)CX-30: 6,772 units (down 33.1%)III. Exports(1) September 2021Mazda's export volume in September 2021 decreased 61.1% year on year due to decreased shipments to North America, Europe, Oceania and other reasons.[Exports of key models in September 2021]CX-5: 12,022 units (down 59.8 % year on year)MAZDA3: 4,598 units (down 55.0%)CX-30: 3,368 units (down 35.4%)(2) April through September 2021Mazda's export volume in the period from April through September 2021 increased 28.9% year on year due to increased shipments to North America, Europe, Oceania and other regions.[Exports of key models in the period from April through September 2021]CX-5: 136,975 units (up 29.7% year on year)MAZDA3: 41,935 units (up 43.9%)CX-9: 25,899 units (up 40.3%)IV. Global Sales Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Sep 6, 2021 - (JCN Newswire via SEAPRWire.com) - Showa Denko K.K. (the "Company") hereby announces the issue price, selling price and certain other matters relating to the issuance of its new shares and the secondary offering of shares which its board of directors resolved on August 23, 2021, as set forth below.1. Issuance of new shares by way of public offering(1) Class and number of shares to be offered: 32,665,500 shares of common stock of the Company, the aggregate of (i) through (iii) described below:(i) 15,070,500 shares of common stock of the Company, issued for purchase by the Japanese Underwriters in the Japanese Public Offering;(ii) 15,529,500 shares of common stock of the Company, issued for purchase by the International Underwriters in the International Offering; and(iii) A maximum of 2,065,500 shares of common stock of the Company, additionally issued for purchase by the International Underwriters upon exercise of the option in the International Offering.(2) Issue price (offer price)[1]: 2,465 yen per share(3) Total amount of issue price[2]: 80,520,457,500 yen(4) Amount to be paid in[1]: 2,363.32 yen per share(5) Total amount to be paid in[2]: 77,199,029,460 yen(6) Amount of stated capital[2] and additional capital reserves to be increased:- The amount of stated capital to be increased: 38,599,514,730 yen- The amount of the additional capital reserves to be increased: 38,599,514,730 yen(7) Subscription period (in Japanese Public Offering): From September 7, 2021 (Tue) through September 8, 2021 (Wed)(8) Payment date: September 13, 2021 (Mon)Notes:[1] The Underwriters shall purchase the shares at the amount to be paid in and offer the shares at the issue price (the offer price).[2] These figures are based on the assumption that the International Underwriters exercise all of the options set forth in (1)(iii) above.2. Secondary offering of shares (secondary offering by way of over-allotment)(1) Class and number of shares to be sold: 2,524,500 shares of common stock of the Company(2) Selling price: 2,465 yen per share(3) Total amount of selling price: 6,222,892,500 yen(4) Subscription period: From September 7, 2021 (Tue) through September 8, 2021 (Wed)(5) Delivery date: September 14, 2021 (Tue)3. Issuance of new shares by way of third-party allotment (the "Third-Party Allotment")(1) Amount to be paid in: 2,363.32 yen per share(2) Total amount to be paid in: Up to 5,966,201,340 yen(3) Amount of stated capital and capital reserves to be increased: - Amount of stated capital to be increased: Up to 2,983,100,670 yen- Amount of the capital reserves to be increased: Up to 2,983,100,670 yen(4) Subscription period: October 12, 2021 (Tue)(5) Payment date: October 13, 2021 (Wed)Reference1. Calculation of issue price and selling price(1) Calculation reference date and price: September 6, 2021 (Mon) 2,542 yen(2) Discount rate: 3.03%2. Syndicate cover transaction period: From September 9, 2021 (Thu) through October 8, 2021 (Fri)3. Use of proceeds raised this timeWith respect to the net proceeds from the Japanese Public Offering, the International Offering and the Third-Party Allotment, which the Company estimates to be, in total, up to 82,383,230,800 yen, the Company intends to use 5,900,000,000 yen as investment funds for manufacturing facilities for high-purity gases for electronics, etc. in chemicals segment and 5,800,000,000 yen as investment funds for manufacturing facilities for SiC power semiconductor-related materials and lithium-ion battery materials, etc. in electronics segment by the end of December 2023, with the remaining amount of approximately 70,600,000,000 yen as investment funds for production facilities for CMP slurries, copper-clad laminates, photosensitive films and rear door modules made of molded resin in Showa Denko Materials segment, as well as improvements to the Packaging Solution Center and increases to the production capacity of regenerative medicine manufacturing bases, etc. by the end of March 2024.For more information regarding the use of proceeds, please refer to the press release "Announcement Regarding Issuance of New Shares and Secondary Offering of Shares" dated August 23, 2021.Full press release can be viewed at www.sdk.co.jp/assets/files/english/news/2021/20210906_sdknewsrelease_e.pdfAbout Showa Denko K.K.Showa Denko K.K. (SDK; TSE:4004, ADR:SHWDY) is a major manufacturer of chemical products serving from heavy industry to computers and electronics. The Petrochemicals Sector provides cracker products such as ethylene and propylene, the Chemicals Sector provides industrial, high-performance and high-purity gases and chemicals for semicon and other industries, the Inorganics Sector provides ceramic products, such as alumina, abrasives, refractory/graphite electrodes and fine carbon products. The Aluminum Sector provides aluminum materials and high-value-added fabricated aluminum, the Electronics Sector provides HD media, compound semiconductors such as ultra high bright LEDs, and rare earth magnetic alloys, and the Advanced Battery Materials Department (ABM) provides lithium-ion battery components. For more information, visit www.sdk.co.jp/english/.Contact:Showa Denko K.K., CSR & Corporate Communication Office, Tel: 81-3-5470-3235 Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Oct 29, 2020 - (JCN Newswire) - Mazda Motor Corporation's production and sales results for September 2020 and for April through September 2020 are summarized below.I. Production1. Domestic Production(1) September 2020Mazda's domestic production volume in September 2020 decreased 1.7% year on year due to decreased production of passenger and commercial vehicles.[Domestic production of key models in September 2020]CX-5: 30,964 units (up 15.3% year on year)MAZDA3: 13,377 units (down 14.5%)CX-3: 8,270 units (up 31.8%)(2) April through September 2020Mazda's total domestic production volume in the period from April through September 2020 decreased 45.8% year on year due to decreased production of passenger and commercial vehicles.[Domestic production of key models in the period from April through September 2020]CX-5: 110,800 units (down 45.5% year on year)MAZDA3: 37,129 units (down 61.3%)CX-3: 24,999 units (down 53.1%)2. Overseas Production(1) September 2020Mazda's overseas production volume in September 2020 increased 6.7% year on year, reflecting increased production of passenger vehicles.[Overseas production of key models in September 2020]MAZDA3: 13,436 units (up 8.5% year on year)CX-30: 12,779 units (up 21559.3%)CX-4: 6,501 units (up 361.4%)(2) April through September 2020Mazda's total overseas production volume in the period from April through September 2020 decreased 7.9% year on year due to decreased production of passenger and commercial vehicles.[Overseas production of key models in the period from April through September 2020]MAZDA3: 55,321 units (down 6.9% year on year)CX-30: 50,845 units (up 86078.0%)CX-4: 29,441 units (up 42.1%)II. Domestic Sales(1) September 2020Mazda's domestic sales volume in September 2020 decreased 26.1% year on year due to decreased sales of passenger and commercial vehicles.Mazda's registered vehicle market share was 5.6% (down 1.2 points year on year), with a 2.3% share of the micro-mini segment (up 0.3 points) and a 4.4% total market share (down 0.7 points).[Domestic sales of key models in September 2020]MAZDA2: 3,354 units (down 40.7% year on year)CX-30: 2,905 units (up 32.0%)CX-5: 2,605 units (down 22.5%)(2) April through September 2020Mazda's domestic sales volume in the period from April through September 2020 decreased 25.0% year on year due to decreased sales of passenger and commercial vehicles.Mazda's registered vehicle market share was 4.6% (down 0.2 points), with a 2.1% share of the micro-mini segment (up 0.1 points) and a 3.6% total market share (down 0.2 points year on year).[Domestic sales of key models in the period from April through September 2020]MAZDA2 (includes Demio): 12,154 units (down 34.6% year on year)CX-30: 10,117 units (up 1513.6%)CX-5: 8,537 units (down 40.9%)III. Exports(1) September 2020Mazda's export volume in September 2020 increased 6.3% year on year due to increased shipments to North America and Oceania.[Exports of key models in September 2020]CX-5: 29,877 units (up 14.4 % year on year)MAZDA3: 10,208 units (up 13.8%)CX-3: 5,800 units (up 11.7%)(2) April through September 2020Mazda's export volume in the period from April through September 2020 decreased 48.7% year on year due to decreased shipments to North America, Europe, Oceania and other regions.[Exports of key models in the period from April through September 2020]CX-5: 105,645 units (down 44.9% year on year)MAZDA3: 29,143 units (down 61.5%)CX-3: 19,337 units (down 61.5%)IV. Global Sales(1) September 2020Mazda's global sales volume in September 2020 decreased 10.3% year on year due to decreased sales in Japan, Europe and other regions.[Global sales of key models in September 2020]CX-5: 34,494 units (down 4.9% year on year)MAZDA3 (includes Axela): 23,699 units (down 27.7%)CX-30: 18,768 units (up 475.9%)(2) April through September 2020Mazda's global sales volume in the period from April through September 2020 decreased 20.8% year on year due to decreased sales in Japan, the U.S., Europe and other regions.[Global sales of key models in the period from April through September 2020]CX-5: 166,394 units (down 24.7% year on year)MAZDA3 (includes Axela): 114,393 units (down 31.1%)CX-30: 83,017 units (up 2144.9%)About MazdaMazda Motor Corporation (TSE: 7261) started manufacturing tools in 1929 and soon branched out into production of trucks for commercial use. In the early 1960s, Mazda launched its first passenger car models and began developing rotary engines. Still headquartered in Hiroshima in western Japan, Mazda today ranks as one of Japan's leading automakers, and exports cars to the United States and Europe for over 30 years. For more information, please visit www.mazda.com Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com







