Day: 18 9 月, 2025

HONG KONG, Sep 18, 2025 - (ACN Newswire via SeaPRwire.com) – CGSI reiterates the “Add” rating on Modern Dental (03600.HK) with a higher target price of HK$6.88 in a recent report. According to the report, Modern Dental Group’s 1H25 net profit grew 33% yoy to HK$285m, slightly higher than expected due to stronger Europe and Australia operations. CGSI expects Modern Dental to deliver stable revenue growth in FY25 with an improved EBITDA margin of 24.0% (vs. 21.1% in FY24), driven by 1) stronger demand for high quality dental prosthetic products in Europe and Australia, 2) sales volume recovery in the China market due to its better product quality and brand reputation among dentists, and 3) improved production efficiency in Dongguan, Vietnam, US and Thailand factories.CGSI believes the acquisition of Hexa Ceram, Thailand’s largest dental laboratory in terms of market share, will diversify the company’s global distribution and sales network with a larger presence in the Southeast Asia (SEA) region, driving revenue growth in FY25-27F. CGSI reiterates Add on Modern Dental as it is believed that the company will further gain global market share in dental prosthetics. CGSI raises the FY25-26F EPS forecasts by 1-2% on new SEA contribution, with a FY25 net profit forecast of HK$545m. The target price rises to HK$6.88, as it rolls over to FY26F and raises EPS forecasts, based on 10x FY26F P/E.*Disclaimer: The views given in this article are extracted from relevant research report. For detailed information, please refer to the full report. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Nadzim Johan, Chief Activist of Muslim Consumers Association of Malaysia (Persatuan Pengguna Islam Malaysia or PPIM) (L) and Rajen Manickar, Founder of Holista Colltech (R) briefing the media to express deep concern about counterfeit fish oil supplements being sold online in Malaysia with fake halal certificates.KUALA LUMPUR, Sept 18, 2025 - (ACN Newswire via SeaPRwire.com) - The Muslim Consumers’ Association of Malaysia today expressed deep concern over the emergence of counterfeit health products sold online with fake halal certificates.Nadzim Johan, Chief Activist of Persatuan Pengguna Islam Malaysia (PPIM), urged the authorities to investigate and take immediate action against the companies involved.Nadzim warned that if not addressed promptly, these illegal practices could endanger public health and erode the confidence of Muslims in Malaysia regarding syariah compliance and guidance. He also stressed that this issue threatens local syariah-compliant businesses operating on e-commerce platforms.PPIM has held urgent discussions with Holista Colltech Limited (“Holista”) concerning a recent police report filed by the company in Malaysia.The report was lodged regarding counterfeit PRISTIN® Omega-3 fish oil products being sold on two popular e-commerce platforms, Lazada and Shopee.Holista, headquartered in Petaling Jaya and listed on the Australian Securities Exchange, filed the report with the Royal Malaysia Police after obtaining samples of the counterfeit products.Independent laboratory testing revealed that the counterfeit products were made from low-grade palm oil instead of fish-derived Omega-3.Holista is Malaysia’s market leader in Omega-3 supplements, sold under two flagship brands – PRISTIN® GOLD OMEGA-3 FISH OIL 1200MG SOFTGEL and PRISTIN® OMEGA-3 FISH OIL 1200MG. Both products are halal-certified.Nadzim emphasized that Holista’s genuine products are only available through pharmacies licensed by the Ministry of Health Malaysia and via Holista’s official online stores, Alterni.com and Holista.global.“We are deeply concerned about the emergence of such counterfeit products. With the rapid growth of e-commerce in Malaysia, we fear that other counterfeit cases may exist and remain undetected by the authorities,” said Nadzim.He further highlighted three critical issues:1. Halal certification is a core element of the Islamic faith. Any blatant misuse of the halal logo undermines the trust of Muslims in Malaysia and globally in the certification of products, their sources, and production processes.2. Such counterfeit products deliberately evade regulatory oversight governing supplement safety and compliance. Not only do they fail to support health, but they actively endanger consumers.3. As a Muslim-majority country with a large young population, Malaysia is a thriving e-commerce market, respected globally for its adherence to Islamic practices and halal compliance. Violations of this nature will have severe repercussions for syariah-compliant businesses if not dealt with decisively.PPIM has called on the Malaysian Communications and Multimedia Commission (MCMC) – which oversees online activities – and the Department of Islamic Development Malaysia (JAKIM), under the Ministry of Religious Affairs, to investigate the e-commerce platforms used for selling these counterfeit products and to identify the companies or individuals involved.Nadzim added that industry players, including pharmacy chains and the Malaysian Dietary Supplement Association, should also hold urgent discussions to address growing concerns among consumers, particularly Muslims.About PPIMPersatuan Pengguna Islam Malaysia (PPIM) was established in June 1997 by a group of doctors, university lecturers, Islamic academician and individuals, in view of the problems faced by Muslim consumers in identifying Halal products. PPIM is an educational organisation for Muslims about Halal products. Its official website provides Halal and Haram products list, FAQs, forum, downloads, consumer complaint and latest news.PPIM Media contact person:Puan ZuraEmail address: ppimmedia1@gmail.com,Mobile number: 013-6116666 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Sep 18, 2025 - (ACN Newswire via SeaPRwire.com) – Dongwu Cement International Limited (00695.HK), a Hong Kong-listed company, recently announced a significant change in its shareholding structure, marking the beginning of an unprecedented strategic transformation. Suzhou state-owned capital, through Port & Shipping Group (HK) Investment Co., Limited (Port & Shipping Group (HK) Investment) and Suzhou Fenyan Capital Management Co., Ltd. (Fenyan Capital), has strategically invested to acquire a controlling stake in the company. This move not only represents the first time the Yangtze River Delta state-owned asset system has achieved control over a Hong Kong-listed company, but it is also seen as a landmark event signifying the deep integration of state-owned capital with international capital markets.This transaction signals a decisive shift for Dongwu Cement, moving entirely away from its traditional cement business to embrace a new strategic direction. With the robust resource backing and policy empowerment from Suzhou state-owned assets, the company is poised for significant development opportunities in its future business endeavors.Building a New Hong Kong-Suzhou Collaborative Mechanism, Empowering Strategic TransformationThe entry of Suzhou state-owned capital transforms Dongwu Cement from a privately controlled entity into a hybrid-ownership enterprise led by state capital and governed by diverse shareholders. This optimization is expected to significantly enhance the company's governance standards and resource integration capabilities, enabling it to secure greater policy support and capital investment, thereby injecting new development momentum.Guided by the nation's "dual carbon" policies, the industrial resources and capital operation capabilities of the two Suzhou state-owned shareholders indicate a complete departure from traditional cement production, steering the company towards green industries and emerging economic sectors. Notably, Port & Shipping Group (HK) Investment has been actively deploying in cutting-edge technology fields such as Artificial Intelligence (AI) and the low-altitude economy. Its explorations include:- Drone logistics networks- Smart air traffic control platforms- Smart logistics systems for the Yangtze River Delta port cluster- Upgrading port logisticsPort & Shipping Group (HK) Investment is committed to supporting the development of the low-altitude economy and the integrated development of the Yangtze River Delta, aiming to create digital application scenarios such as smart ports, smart logistics, and smart shipping, as well as "low-altitude+" characteristic application scenarios. With Port & Shipping Group (HK) Investment's deep involvement in these market-focused hot sectors, Dongwu Cement is expected to enter new growth areas.Demonstrating Resolve and Potential for Change, Releasing Positive Market SignalsFollowing the entry of the new shareholders, market observers widely anticipate that Dongwu Cement will firmly implement a comprehensive transformation strategy, progressively exploring and focusing on new segments such as smart warehousing, modern logistics, and the low-altitude economy. Stakeholders expect Dongwu Cement to fully leverage its resource and geographical advantages to actively build a diversified, forward-looking industrial development landscape, injecting new vitality and fostering more resilient and sustainable growth momentum.Furthermore, in line with Suzhou City's strategy to promote industrial upgrading, Dongwu Cement intends to explore an innovative "Hong Kong Capital Platform + Suzhou Industrial Landing" cooperation model, establishing an efficient bridge between capital and industry. By leveraging its advantage as a Hong Kong-listed international platform, Dongwu Cement will become a crucial window for Suzhou state-owned capital to expand into international capital and resource integration, potentially assisting more Suzhou enterprises to "go global" and attract high-end industrial resources in the future. The low-altitude economy, in particular, is a national priority industry offering immense development potential and market opportunities, benefiting from both policy dividends and significant market space.Investors will witness a robust and transformative entity. Under the backdrop of Suzhou state-owned capital, this transformation and strategic shift by Dongwu Cement fully reflect the state's strong support and investment confidence in corporate upgrading. The company's future pivot towards emerging fields, relying on Hong Kong's international capital advantages and synergy with Suzhou's physical industries, aims to construct a forward-looking new value blueprint for investors. This undoubtedly sends a positive signal to the market, showcasing Dongwu Cement's determination and potential for change in the new economic era.Posted by All Way Success Company Limited for Dongwu Cement International Limited http://www.dongwucement.com/cn/Index.aspx [HKSE:0695] Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com