ChemDAQ and Tomoe Asia Establish Sensor Calibration Center in Southeast Asia
PITTSBURGH, May 6, 2025 /PRNewswire/ -- ChemDAQ, a global leader in toxic gas monitoring solutions, is proud to announce the establishment of the organization's first-ever calibration franchise in Southeast Asia in partnership with Tomoe Asia Co., Ltd. (TMAC). This marks a significant milestone in providing regional calibration services for Ethylene Oxide (EtO) sensors, enabling TMAC to more efficiently support customers in Southeast Asia via ChemDAQ's Sensor Exchange Program (SXP).
Through this partnership, ChemDAQ and TMAC are enhancing the efficiency and reliability of toxic gas monitoring for medical device sterilization as well as warehousing and supply chain logistics operations across the region. Through streamlining logistics and replicating ChemDAQ's innovative calibration process, TMAC's customers will benefit from faster service times and improved operational uptime.
'Our special partnership with TMAC led to the establishment of this new calibration center, which represents a major advancement in our commitment to global safety from overexposure to hazardous chemicals like EtO,' said Alex Hilliker, Executive Vice President of ChemDAQ. 'TMAC is a very forward-looking organization and understands the importance of implementing continuous monitoring for worker safety at its subsidiary and customer locations.'
Dr. Richard Warburton, ChemDAQ's Chief Technology Officer, added that 'By establishing a calibration franchise in Southeast Asia, we are ensuring that our cutting-edge technology is maintained to the highest standards while providing direct, regional support for our customers.'
TMAC, a trusted distributor of EtO throughout Asia, is equally enthusiastic about the calibration center, which is located near Bangkok, Thailand. 'We are excited to join forces with ChemDAQ to bring high-quality, local calibration services to our customers,' said Mr. Yoshinori Tsuji, Managing Director of TMAC. 'This innovation not only enhances convenience for businesses in the region but also reinforces our dedication to safety and efficiency when handling EtO in our customer's daily operations.'
The new calibration franchise represents ChemDAQ's ongoing commitment to innovation and customer-centric solutions. This expansion into Southeast Asia underscores the company's mission to provide state-of-the-art toxic gas monitoring services to organizations worldwide.
For more information about ChemDAQ and its partnership with TMAC, visit chemdaq.com.
About ChemDAQ
ChemDAQ's mission is to empower customers to eliminate workplace exposure to toxic chemicals through innovative monitoring and control solutions, industry-leading partnerships, and superior safety expertise. ChemDAQ's industry-leading gas detection systems were initially deployed in US hospitals and medical device sterilization operations. The company has since expanded globally to serve more than 600 customers within the healthcare, medical device manufacturing, food and beverage packaging, and protein processing industries. To learn more about how ChemDAQ provides safer workplaces, less risk, and next-level protection, visit www.chemdaq.com .
About Tomoe Asia Co., Ltd.
Tomoe Asia Co., Ltd. is an international distributor of industrial gas, high-purity gas for the electric and electronics industry, special material gas, and special chemicals, etc. To learn more about TMAC, visit: https://tomoeasia.com/ .
View original content to download multimedia: https://www.prnewswire.com/news-releases/chemdaq-and-tomoe-asia-establish-sensor-calibration-center-in-southeast-asia-302445919.html
SOURCE ChemDAQ
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
31 minutes ago
- Yahoo
Here's Why We Think VSTECS Berhad (KLSE:VSTECS) Might Deserve Your Attention Today
The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even companies that have no revenue, no profit, and a record of falling short, can manage to find investors. But the reality is that when a company loses money each year, for long enough, its investors will usually take their share of those losses. While a well funded company may sustain losses for years, it will need to generate a profit eventually, or else investors will move on and the company will wither away. Despite being in the age of tech-stock blue-sky investing, many investors still adopt a more traditional strategy; buying shares in profitable companies like VSTECS Berhad (KLSE:VSTECS). While profit isn't the sole metric that should be considered when investing, it's worth recognising businesses that can consistently produce it. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. The market is a voting machine in the short term, but a weighing machine in the long term, so you'd expect share price to follow earnings per share (EPS) outcomes eventually. That makes EPS growth an attractive quality for any company. We can see that in the last three years VSTECS Berhad grew its EPS by 11% per year. That growth rate is fairly good, assuming the company can keep it up. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. While we note VSTECS Berhad achieved similar EBIT margins to last year, revenue grew by a solid 11% to RM3.0b. That's progress. In the chart below, you can see how the company has grown earnings and revenue, over time. Click on the chart to see the exact numbers. See our latest analysis for VSTECS Berhad Since VSTECS Berhad is no giant, with a market capitalisation of RM1.2b, you should definitely check its cash and debt before getting too excited about its prospects. It should give investors a sense of security owning shares in a company if insiders also own shares, creating a close alignment their interests. So it is good to see that VSTECS Berhad insiders have a significant amount of capital invested in the stock. To be specific, they have RM96m worth of shares. That's a lot of money, and no small incentive to work hard. Those holdings account for over 8.4% of the company; visible skin in the game. While it's always good to see some strong conviction in the company from insiders through heavy investment, it's also important for shareholders to ask if management compensation policies are reasonable. Well, based on the CEO pay, you'd argue that they are indeed. For companies with market capitalisations between RM426m and RM1.7b, like VSTECS Berhad, the median CEO pay is around RM624k. The CEO of VSTECS Berhad was paid just RM54k in total compensation for the year ending December 2024. This could be considered a token amount, and indicates that the company does not need to use payment to motivate the CEO - that is often a good sign. CEO compensation is hardly the most important aspect of a company to consider, but when it's reasonable, that gives a little more confidence that leadership are looking out for shareholder interests. Generally, arguments can be made that reasonable pay levels attest to good decision-making. As previously touched on, VSTECS Berhad is a growing business, which is encouraging. The fact that EPS is growing is a genuine positive for VSTECS Berhad, but the pleasant picture gets better than that. Boasting both modest CEO pay and considerable insider ownership, you'd argue this one is worthy of the watchlist, at least. Of course, just because VSTECS Berhad is growing does not mean it is undervalued. If you're wondering about the valuation, check out this gauge of its price-to-earnings ratio, as compared to its industry. Although VSTECS Berhad certainly looks good, it may appeal to more investors if insiders were buying up shares. If you like to see companies with more skin in the game, then check out this handpicked selection of Malaysian companies that not only boast of strong growth but have strong insider backing. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
an hour ago
- Yahoo
PingPong Expands Leading B2B Cross-Border Payments Platform Into Malaysia, Further Unlocking Southeast Asia For Enterprise Clients
PingPong has been granted a Money Services Business Licence Class B from Malaysia's central bank, Bank Negara Malaysia, unlocking a USD $445 billion economy for enterprises, financial institutions, and SaaS companies expanding into and out of Malaysia. This follows PingPong's recent expansion into Indonesia and existing presence in Vietnam, Thailand, Singapore, and the Philippines, further expanding PingPong's comprehensive portfolio of over 60 global licences. KUALA LUMPUR, Malaysia, June 2, 2025 /PRNewswire/ -- PingPong, the world-leading provider of cross-border embedded payment solutions for enterprises, is pleased to announce that it has been granted a Money Services Business Licence from Malaysia's central bank, Bank Negara Malaysia. This latest licence further enhances PingPong's extensive portfolio of over 60 global licences, unlocking even more cross-border opportunities for enterprises on PingPong's platform. Malaysia offers significant growth opportunities for enterprises looking to scale in Southeast Asia. Its GDP is expected to reach $445 billion USD by the end of 2025 and grow by 33% by 2030, reaching $600 billion USD. International trade is a significant part of Malaysia's wealth, valued at 132% of GDP in 2023. Financial services and fintech companies are thriving across Southeast Asia, with Malaysia emerging as a key player. The country ranks third in the region in terms of the number of fintech companies it has, and it is poised for significant growth. Malaysia's fintech sector is projected to double, from $54 billion USD in 2025 to $111 billion USD by 2030, reflecting a robust compound annual growth rate (CAGR) of 16%. Its strategic location, high digital adoption rate, and robust financial sector have made it one of the key growing countries in Southeast Asia. Jianqin Shu, Partner and APAC General Manager at PingPong, said, "As one of the most strategically positioned and rapidly growing economies in Southeast Asia, Malaysia presents an incredible opportunity for enterprises scaling their global operations. Securing a Money Services Business licence positions PingPong at the heart of this growth, empowering us to support Malaysia's expanding fintech and financial services ecosystem, meeting the rising demand for efficient, compliant cross-border payment solutions. This milestone enables us to extend our global reach further and provide enterprises with end-to-end, one-stop payment services." This approval from Bank Negara Malaysia further adds to PingPong's significant portfolio of over 60 global licences across the United States, EU, UK, Hong Kong, mainland China, Canada, Australia, Japan, Singapore, Indonesia and other countries and regions worldwide. About us PingPong was founded in New York in 2015, with the goal of solving the immense challenge of scaling enterprise businesses globally. Fast forward to today, and PingPong has become one of the world's leading global cross-border payments platforms, processing more than $250 billion USD. Our API-first cross-border payments platform integrates with enterprises to send, manage, and receive money faster on a global scale. PingPong currently has 37 offices in 15 countries and 1,500 employees. Our international presence helps businesses solve complex payment needs in every major economy across all time zones. Logo - Sign in to access your portfolio
Yahoo
2 hours ago
- Yahoo
Is Now The Time To Put Grand Banks Yachts (SGX:G50) On Your Watchlist?
Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks' without any revenue, let alone profit. But as Peter Lynch said in One Up On Wall Street, 'Long shots almost never pay off.' Loss-making companies are always racing against time to reach financial sustainability, so investors in these companies may be taking on more risk than they should. So if this idea of high risk and high reward doesn't suit, you might be more interested in profitable, growing companies, like Grand Banks Yachts (SGX:G50). Even if this company is fairly valued by the market, investors would agree that generating consistent profits will continue to provide Grand Banks Yachts with the means to add long-term value to shareholders. This technology could replace computers: discover the 20 stocks are working to make quantum computing a reality. Over the last three years, Grand Banks Yachts has grown earnings per share (EPS) at as impressive rate from a relatively low point, resulting in a three year percentage growth rate that isn't particularly indicative of expected future performance. As a result, we'll zoom in on growth over the last year, instead. Grand Banks Yachts' EPS skyrocketed from S$0.073 to S$0.12, in just one year; a result that's bound to bring a smile to shareholders. That's a impressive gain of 62%. Careful consideration of revenue growth and earnings before interest and taxation (EBIT) margins can help inform a view on the sustainability of the recent profit growth. The good news is that Grand Banks Yachts is growing revenues, and EBIT margins improved by 5.1 percentage points to 21%, over the last year. Both of which are great metrics to check off for potential growth. You can take a look at the company's revenue and earnings growth trend, in the chart below. To see the actual numbers, click on the chart. View our latest analysis for Grand Banks Yachts Since Grand Banks Yachts is no giant, with a market capitalisation of S$90m, you should definitely check its cash and debt before getting too excited about its prospects. Seeing insiders owning a large portion of the shares on issue is often a good sign. Their incentives will be aligned with the investors and there's less of a probability in a sudden sell-off that would impact the share price. So we're pleased to report that Grand Banks Yachts insiders own a meaningful share of the business. Owning 38% of the company, insiders have plenty riding on the performance of the the share price. This should be a welcoming sign for investors because it suggests that the people making the decisions are also impacted by their choices. To give you an idea, the value of insiders' holdings in the business are valued at S$35m at the current share price. That's nothing to sneeze at! For growth investors, Grand Banks Yachts' raw rate of earnings growth is a beacon in the night. Further, the high level of insider ownership is impressive and suggests that the management appreciates the EPS growth and has faith in Grand Banks Yachts' continuing strength. On the balance of its merits, solid EPS growth and company insiders who are aligned with the shareholders would indicate a business that is worthy of further research. We don't want to rain on the parade too much, but we did also find 4 warning signs for Grand Banks Yachts (1 doesn't sit too well with us!) that you need to be mindful of. There's always the possibility of doing well buying stocks that are not growing earnings and do not have insiders buying shares. But for those who consider these important metrics, we encourage you to check out companies that do have those features. You can access a tailored list of Singaporean companies which have demonstrated growth backed by significant insider holdings. Please note the insider transactions discussed in this article refer to reportable transactions in the relevant jurisdiction. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
