CHIN Hin Group Bhd is again making waves for its acquisitive drive. Chin Hin is a 31.2% stake owner in Signature International Bhd after purchasing a stake in March 2021. Earlier in the week, Signature had announced its intention to acquire a 23.67% stake in Main Market-listed Fiamma Holdings Bhd for RM180mil cash or RM1.50 per share. ALSO READ: Chin Hin takes control of Ajiya Fiamma mainly distributes and services home and kitchen electrical appliances and it also makes built-in kitchen and wardrobes. In December 2020, Chin Hin had parked Chin Hin Group Property Bhd (CHGP) under its stable after it acquired a 51.5% equity stake in a related party transaction (RPT) from the latter’s major shareholders. According to its 2021 annual report, Chin Hin now has an effective 59.3% stake in CHGP. There have been more acquisitions. Chin Hin is now a 65%-owner of construction firm Kayangan Kemas Sdn Bhd and the company is the single largest 24.68% shareholder in construction … [Read more...] about Chin Hin Group continues M&A spree
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Startup Valuations Now: Are We In A Bubble?
Share to Twitter Share to Linkedin Sergey Gribov is a Partner at Flint Capital , an early-stage venture fund that invests across Israel, USA and Europe. In 2021, American VC-backed companies raised $329.9 billion . This is a nearly 100% increase over the record-breaking $166.6 billion raised in 2020. On top of this, early-stage VC activity surpassed $80 billion for the first time, and annual exit values soared to more than $774 billion. This huge influx of funds led to skyrocketing startup valuations in 2021. However, as the end of the Covid-19 pandemic appears to be on the horizon, entrepreneurs and investors alike are wondering what the future holds. Can these sky-high valuations last? Is this investment frenzy sustainable, or should we brace for a crash? Fortunately, the answers to these questions paint a brighter picture than you might expect. How The Federal Reserve Influences The VC Market The U.S. Federal Reserve is … [Read more...] about Startup Valuations Now: Are We In A Bubble?
How To Make Individual Healthcare Data Ownership A Reality
Share to Twitter Share to Linkedin Noosheen Hashemi is founder and CEO of January AI. The health tech sector is expanding rapidly, having received an infusion of capital at the start of the pandemic that is proving to be a new status quo . The outlook is promising for what continued digitization and technological innovation can bring when it comes to healthcare. And one of the most exciting things happening in the health tech space doesn’t require the design of new technologies or the development of new therapies; rather, it’s a smarter and more efficient way of leveraging what we already have: healthcare data. I’ve argued the benefits of individuals owning their own healthcare data in the past, and the points in favor are clear, from increased privacy to greater consumer choice. The larger question, then, is how such a paradigm can be implemented. How will health data be protected? The Interoperability and Patient Access Final … [Read more...] about How To Make Individual Healthcare Data Ownership A Reality
How several states are taking the lead on restoring overtime pay
This article is from Capital & Main , an award-winning publication that reports from California on economic, political, and social issues. After decades of decline in overtime pay, the Biden administration is considering action to sharply expand access in a time of high inflation. This is the fourth article of a four-part series examining the 40-year effort by big business and elected officials to deny Americans extra pay for extra work. advertisement advertisement With Americans struggling with inflation, workers’ advocates are banking on a White House that has promised to make millions more workers eligible for overtime wages that pay time and a half. Two presidents who made similar promises over the last 45 years failed to deliver, resulting in outdated federal overtime guidelines and underfunded labor enforcement. But during decades in which lawmakers and lobbyists cut away at overtime access, states like Washington and California … [Read more...] about How several states are taking the lead on restoring overtime pay
Don’t Go There! Expert Summer Travel Advice For Your Next Vacation
Share to Twitter Share to Linkedin It's going to be a busy summer travel season. And different. The summer travel advice from experts is different, too. Domestic travel volume will rise 16% over last year, with almost 75% of Americans planning to travel domestically for summer vacations, according to Allianz Partners' Top 10 Summer Destinations review . And travel to Europe will soar 600% over last year. "The floodgates have opened," says Valentina O'Kane, owner of Incognito Global Travel , an affiliate of Embark Beyond. "People are rushing to get out there again. The popular tourist destinations are overbooked, with little if any availability. They are going to be overcrowded and overpriced this summer." I just interviewed 200 top travel experts about what lies ahead for travel. Here's part one of my series , which outlines what to expect in the next three months. There are two important takeaways. Covid is far from over, so you may … [Read more...] about Don’t Go There! Expert Summer Travel Advice For Your Next Vacation
GoPro HERO 10 Is A Sleek Modern-Day Handycam
Share to Twitter Share to Linkedin Since our kids have grown up, I admittedly don’t take a lot of video anymore. Mostly because my wife and I can be only so entertaining on camera by ourselves. So any video I capture these days is an on-the-spot thought and through the lens of my smartphone. The quality is acceptable but really flat. Yet there are always things I see that I want to capture. And for the past few years – instead of photographing something directly – I’ve often taken video instead and then gone through frame-by-frame to pick the best image to use as a photo. But the quality is often degraded, when I do that. Not anymore. I’ve gotten hold of the GoPro HERO10 Black Creator Edition – billed as an all-in-one content capturing powerhouse that makes vlogging, filmmaking and live streaming easier than ever. This system features pro-quality 5.3K video, Emmy award-winning HyperSmooth 4.0 video stabilization, enhanced audio, LED lighting and four hours … [Read more...] about GoPro HERO 10 Is A Sleek Modern-Day Handycam