logo
#

Latest news with #Ltd

Sapura Energy secures contracts worth more than RM500m in Thailand
Sapura Energy secures contracts worth more than RM500m in Thailand

The Sun

time5 hours ago

  • Business
  • The Sun

Sapura Energy secures contracts worth more than RM500m in Thailand

PETALING JAYA: Sapura Energy Bhd has secured two new contracts from its long-standing clients in Thailand, with a combined value exceeding RM500 million. The contracts were awarded to Sapura Energy (Thailand) Ltd, its wholly owned subsidiary, and involve an offshore installation and removal campaign, as well as subsea inspection, repair, and maintenance (IRM) services. The installation and removal contract was awarded by Chevron Thailand Exploration and Production Ltd and Chevron Offshore (Thailand) Ltd. The project is expected to be completed by the end of 2026. Sapura Energy's engineering and construction team will lead the offshore works. The group has built a strong track record in Thailand, having delivered its first decommissioning project – a rig-to-reef campaign – in 2020. Since then, the team has consistently delivered successful outcomes, including achieving 1.5 million man-hours without a single lost-time injury in a recent pipeline removal campaign. It also became the first company in Asia to implement the reverse S-lay method in pipeline decommissioning. Separately, Sapura Energy was awarded service orders for subsea IRM works by PTT Exploration and Production Public Co Ltd. The contract covers saturation diving operations at facilities within the G1/61 and G2/61 projects. These operations will be carried out by Sapura Energy's operations and maintenance division, utilising its dedicated subsea construction vessel, Sapura Constructor. The vessel is equipped with accommodation for 120 personnel and supports up to 15 divers. Subsea IRM work commenced in the second quarter of 2025. Sapura Energy is also delivering similar IRM services for PTT Exploration in Malaysia. 'These awards build upon Sapura Energy's long-standing partnership with clients in Thailand, given the group's proven track record for similar offshore campaigns in the Kingdom,' said Sapura Energy Group CEO Muhammad Zamri Jusoh. 'It also demonstrates our strategy of bidding for projects that are aligned to the group's risk appetite, core capabilities, and vessel deployment efficiency,' he added.

Japan Panel Calls for Consolidating Cancer Care Provision

time7 hours ago

  • Health

Japan Panel Calls for Consolidating Cancer Care Provision

News from Japan Jul 25, 2025 20:30 (JST) Tokyo, July 25 (Jiji Press)--A health ministry panel of experts on Friday called for consolidating surgeries and radiotherapies for cancer treatment, citing such reasons as the dwindling number of surgeons in Japan. The recommendation was part of proposals compiled by the panel, which had studied Japan's cancer treatment provision system toward 2040, when the country is expected to have an older population with fewer people of working age. Shortages of surgeons are expected to accelerate toward 2040, according to the proposals. Radiotherapy devices are expensive and the number of patients who need radiotherapy varies by region. Demand for cancer surgeries is projected to decrease by 5 pct by 2040, while that for radiotherapy is projected to increase by 24 pct, according to the panel. Estimating a 3 pct rise in the number of cancer patients to 1,055,000 by 2040 from the current level and a 39 pct decrease in the number of gastrointestinal surgeons if the situation stays the same, the panel warned that it may not be possible to maintain currently provided surgical treatments. [Copyright The Jiji Press, Ltd.] Jiji Press

Stock market today: 111 stocks hit 52-week highs, 68 stocks at 52-week low as Nifty 50, Sensex end nearly 1% down
Stock market today: 111 stocks hit 52-week highs, 68 stocks at 52-week low as Nifty 50, Sensex end nearly 1% down

Mint

time8 hours ago

  • Business
  • Mint

Stock market today: 111 stocks hit 52-week highs, 68 stocks at 52-week low as Nifty 50, Sensex end nearly 1% down

In contrast, 68 stocks touched 52-week lows, with notable mentions like Colgate Palmolive (India) Ltd, Tejas Networks Ltd, Spicejet Ltd, HDB Financial Services Ltd, Kalpataru Ltd, Raymond Realty Ltd, R K Swamy Ltd, and Smartworks Coworking Spaces Ltd. Today, domestic markets witnessed significant declines, with prominent indices closing notably lower and extending their losing streak for the third consecutive session. The Sensex fell by 721 points (0.87%) to close at 81,463, while the Nifty 50 decreased by 225 points (0.9%) to end at 24,837, decisively dropping below the key 25,000 level. The broader market reflected this trend, as the Nifty MidCap declined by 1.6% and the Nifty SmallCap dropped by 2.1%. As stated by Vaibhav Vidwani, a Research Analyst at Bonanza, the earnings reports from significant index players like Bajaj Finance and Bajaj Finserv fell short of investor expectations. Following downgrades from global brokerages after the results, the shares of the Bajaj twins dropped over 2%, putting pressure on financials and heightening negative sentiment. Vidwani believes that the declines were led by sectors such as Information Technology, automotive, FMCG, metals, and power due to sector-specific challenges, weaker global it-tech signals, and worries about inflated valuations. Only a few pharmaceutical stocks offered some relief. Asian markets were down as caution prevailed concerning the timing of interest rate cuts by the US Federal Reserve. Additionally, the mood was further affected by impending global trade tensions and uncertainties about the trade agreement between the US and India, according to Vaibhav. According to Rupak De, Senior Technical Analyst at LKP Securities, Nifty 50 remained under sustained selling pressure as the index slipped below the crucial support level of 24,900. Moreover, it has closed below the 50-day Exponential Moving Average (50EMA) for the first time in several sessions, signaling a meaningful weakening of the ongoing trend. Additionally, the index has now fallen back into the zone of the previous swing high on the daily timeframe, which further highlights a potential trend reversal. The current setup appears notably weak and suggests the possibility of a deeper correction. If the Nifty 50 fails to reclaim levels above 24,900 in the next session or two, bulls could face significant short-term challenges. On the downside, immediate support is seen at 24,700, followed by 24,500. On the upside, resistance is now placed around 25,000. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.

Global Value Stocks Estimated Up To 43.3% Below Intrinsic Value
Global Value Stocks Estimated Up To 43.3% Below Intrinsic Value

Yahoo

time8 hours ago

  • Business
  • Yahoo

Global Value Stocks Estimated Up To 43.3% Below Intrinsic Value

As global markets navigate a landscape of solid corporate earnings and fluctuating inflation rates, investors are keenly observing indices like the S&P 500 and Nasdaq Composite, which have recently reached new highs. In this environment, identifying undervalued stocks becomes crucial as they present opportunities to capitalize on discrepancies between market prices and intrinsic values. Top 10 Undervalued Stocks Based On Cash Flows Name Current Price Fair Value (Est) Discount (Est) Zhuhai CosMX Battery (SHSE:688772) CN¥14.07 CN¥27.90 49.6% Upsales Technology (OM:UPSALE) SEK37.90 SEK75.38 49.7% Shin Maint HoldingsLtd (TSE:6086) ¥1264.00 ¥2321.99 45.6% RVRC Holding (OM:RVRC) SEK45.66 SEK91.03 49.8% Hibino (TSE:2469) ¥2334.00 ¥4673.98 50.1% Forum Engineering (TSE:7088) ¥1207.00 ¥2405.52 49.8% doValue (BIT:DOV) €2.488 €4.95 49.7% Digital Workforce Services Oyj (HLSE:DWF) €3.41 €6.80 49.8% Atea (OB:ATEA) NOK144.00 NOK286.37 49.7% Absolent Air Care Group (OM:ABSO) SEK243.00 SEK482.96 49.7% Click here to see the full list of 482 stocks from our Undervalued Global Stocks Based On Cash Flows screener. We're going to check out a few of the best picks from our screener tool. TaewoongLtd Overview: Taewoong Co., Ltd specializes in manufacturing and selling open-die forgings and ring rolled products both in South Korea and internationally, with a market cap of ₩765.28 billion. Operations: Taewoong Co., Ltd generates its revenue through the production and sale of open-die forgings and ring rolled products, serving both domestic and international markets. Estimated Discount To Fair Value: 31.4% Taewoong Ltd. is trading at ₩38,250, significantly below its estimated fair value of ₩57,468.26, representing a 33.4% discount. Despite recent volatility in share price and a decline in profit margins from 8.9% to 5.1%, the company's earnings are projected to grow substantially at over 42% annually for the next three years, outpacing the Korean market's average growth rate of 20.8%. The growth report we've compiled suggests that TaewoongLtd's future prospects could be on the up. Unlock comprehensive insights into our analysis of TaewoongLtd stock in this financial health report. HangzhouS MedTech Overview: Hangzhou AGS MedTech Co., Ltd. operates in the research, development, production, sale, and service of endoscopic surgery equipment and accessories in China with a market cap of CN¥6.11 billion. Operations: Hangzhou AGS MedTech Co., Ltd.'s revenue is primarily derived from its endoscopic surgery equipment and accessories business in China. Estimated Discount To Fair Value: 24.9% HangzhouS MedTech is trading at CN¥75.88, approximately 30.8% below its estimated fair value of CN¥109.66, indicating it is undervalued based on discounted cash flow analysis. While earnings are expected to grow significantly at 20.8% annually, this pace lags behind the broader Chinese market's forecast of 23.3%. However, revenue growth is robust, projected at 25.2% per year—outperforming both the company's earnings growth and the overall market rate. In light of our recent growth report, it seems possible that HangzhouS MedTech's financial performance will exceed current levels. Click here to discover the nuances of HangzhouS MedTech with our detailed financial health report. Evergreen Aviation Technologies Overview: Evergreen Aviation Technologies Corporation offers aircraft maintenance services to airline partners both in Taiwan and internationally, with a market cap of NT$40.27 billion. Operations: The company's revenue is primarily derived from its Maintenance Segment, generating NT$13.47 billion, and its Manufacturing Segment, contributing NT$3.32 billion. Estimated Discount To Fair Value: 43.3% Evergreen Aviation Technologies, trading at NT$107.5, is undervalued compared to its fair value estimate of NT$195.16 based on discounted cash flow analysis. Despite a dividend yield of 4.19% not being fully covered by free cash flows, earnings are forecast to grow significantly at 27.81% annually, surpassing the Taiwanese market's growth rate of 13.3%. Recent regulatory fines and changes in board composition may impact short-term sentiment but don't overshadow long-term growth prospects. Our earnings growth report unveils the potential for significant increases in Evergreen Aviation Technologies' future results. Click to explore a detailed breakdown of our findings in Evergreen Aviation Technologies' balance sheet health report. Key Takeaways Click this link to deep-dive into the 482 companies within our Undervalued Global Stocks Based On Cash Flows screener. Have a stake in these businesses? Integrate your holdings into Simply Wall St's portfolio for notifications and detailed stock reports. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Ready To Venture Into Other Investment Styles? Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Diversify your portfolio with solid dividend payers offering reliable income streams to weather potential market turbulence. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. This 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. Companies discussed in this article include KOSDAQ:A044490 SHSE:688581 and TWSE:2645. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@

PLAN FOR WORLD'S FIRST*1 NFT-ENABLED 3D PRINTED HOUSES WITH BITCOIN PAYMENT OPTION
PLAN FOR WORLD'S FIRST*1 NFT-ENABLED 3D PRINTED HOUSES WITH BITCOIN PAYMENT OPTION

Associated Press

time9 hours ago

  • Business
  • Associated Press

PLAN FOR WORLD'S FIRST*1 NFT-ENABLED 3D PRINTED HOUSES WITH BITCOIN PAYMENT OPTION

KUMAMOTO, JAPAN, July 25, 2025 / / -- Lib Work Co., Ltd. today announced the completion of our new Lib Earth House Model B, a revolutionary home that combines natural materials with 3D printing technology. This house breaks new ground by having its digital design data issued as NFTs (Non-Fungible Tokens), revolutionizing design and ownership transparency and value. Additionally, by enabling Bitcoin payments, we're making sales and transactions possible on a global level.*2 This creates a framework where unique homes and their designs can circulate as assets worldwide, with designers, owners, and history transparently and authentically verified at all times. Through this initiative, LibWork aims to become a pioneer in next-generation digital housing distribution, opening new possibilities for global housing markets. *1Based on internal research (July 2025) *2Our cryptocurrency holding policy is currently undetermined. We will disclose details once finalized. 1. BACKGROUND In recent years, the construction industry has faced serious labor shortages and soaring material costs, revealing the limitations of traditional construction methods. In response, 3D printed housing has gained worldwide attention as a breakthrough technology that can dramatically reduce labor, time, and costs. Ensuring the authenticity, ownership history, and intellectual property management of buildings and design data has also emerged as a new challenge. Because 3D printed houses are based on digital designs, protecting the rights to these design files and managing their licenses is essential. Currently, blockchain technology and NFTs (Non-Fungible Tokens) are expanding beyond the art and music industries into real estate and intellectual property sectors. NFTs are unique digital assets and are a tamper-proof record for transparently showing ownership proof, authenticity, and history management. Combining these two technologies enables the following innovations: ・Converting design data into NFTs prevents unauthorized use of licenses and protects intellectual property value ・Managing each house's ID, history, and ownership information on the blockchain ensures traceability ・Enhancing asset and brand value by ensuring the one-of-a-kind nature of the home Particularly in Japan, where digitalization in the construction industry is slow, NFTs offer extremely high utility in terms of blueprint management, centralized history, and rights visualization. This project represents a first for both Japan and the world that combines next-generation 3D printed architecture with decentralized digital NFT technology, serving as a touchstone for updating the very definition of housing. References: ・Persistence Market Research: 3D Printed Houses Market (2023) ・Ministry of Economy, Trade and Industry: Digital Transaction Environment Development Project Report (2023) 2. Purpose of Combining NFTs and 3D Printed Houses Our NFT-backed 3D printed housing initiative aims to revolutionize housing transactions, which have traditionally faced challenges related to liquidity and transparency, through the fusion of digital and blockchain technologies. By utilizing NFTs (Non-Fungible Tokens), we can manage and verify transactions and ownership of digital assets like housing models and blueprints in a secure and decentralized manner, resulting in a more open housing market. Furthermore, such asset digitalization leads to creating new international housing markets for the metaverse and Web3 era. By creating NFTs for 3D printed houses, Lib Work will build new housing distribution mechanisms for investors and users worldwide, actively promoting international brand value and expansion into new markets. 3. Features of NFT-Enabled 3D Printed Houses I. NFT-Enabled Design Data (CAD/3D Models) 3D design data for each house as will be issued NFTs, allowing buyers and franchisees to hold exclusive design rights. This prevents unauthorized blueprint copying and proves design authenticity. II. NFT Ownership Proof of Physical House NFTs linked to physical 3D printed houses will be issued, connecting actual 3D printed homes with NFTs to manage ownership history and owner information on the blockchain. NFT transfers enable smooth transfer of design licenses and building usage rights, improving housing history transparency and ensuring reliability in international transactions. This also opens possibilities for metaverse asset applications. III. Asset Value Creation Through Serial Numbering Rarity value can be generated through NFT numbering like 'No.001 3DLibModel.' Even in secondary markets, this helps ensure value behind the asset and reliability. IV. Foundation for Franchise and License Development NFTs can be issued for design usage rights, and those rights can be leased according to specific usage periods. This streamlines rights management. Through developing this system, Lib Work will work toward realizing SDG #3: Good Health and Well-being, #11: Sustainable Cities and Communities, #12: Responsible Consumption and Production, #13: Climate Action, #15: Life on Land, and #17: Partnerships for the Goals. Chikara Seguchi, President & Representative Director Lib Work Co., Ltd. email us here Legal Disclaimer: EIN Presswire provides this news content 'as is' without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store