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The_King

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  1. SINGAPORE: A recall has been issued for certain batches of Now Foods’ royal jelly capsules after a banned antibiotic was found in the products. The presence of metronidazole, a globally banned antibiotic in food-producing animals, was found during inspection and testing, the Singapore Food Agency (SFA) said on Wednesday (Jul 28). Under the Singapore Food Regulations, metronidazole is not allowed in food products. SFA said it has directed the product importer, Bloom Concept, to recall the affected batches. The recall is ongoing. The products affected by the recall are sold in bottles of 60 vegetarian capsules with expiry dates of 11/2023 and 04/2024. Their lot numbers are 3184045 and 3203587. “Consumers who have purchased the implicated product are advised not to consume it,” said SFA. Those who have consumed the implicated product and have concerns about their health should seek medical advice. Consumers may contact their point of purchase for enquiries, added SFA. Source: CNA/zl(ta)
  2. https://www.facebook.com/watch?v=2658147031149648
  3. China’s state media are on a mission to talk up the battered stock market and reassure rattled investors after a rout on Monday that erased more than US$570 billion from Chinese stocks listed at home and abroad.The panic sell-off provides an opportunity to “buy on dips” – meaning to invest in stocks that have plummeted in price – as there are no fundamental changes in the onshore market, according to an article published by the Securities Times, which is run by Communist Party mouthpiece the People’s Daily. The Shanghai Securities News, which is owned by the official Xinhua News Agency, ran an article saying there is no systemic risk and that stock valuations are expected to rebound. The Securities Daily cited analysts as saying the turbulence was simply a result of funds rotating in and out of sectors, and reassured readers that the big picture of the economy and liquidity remained intact. Their campaign of reassurance aimed to calm the frayed nerves of the nation’s 189 million stock traders that were caught off guard by Monday’s rout. Concerns have been mounting among investors that Beijing will target more industries after the crackdown against the technology and after-school tutoring sectors, which top policymakers deem to have exerted too much influence on the economy. Overseas investors sold domestic Chinese stocks at the fastest pace in a year on Monday. The soothing gesture failed to curb selling on Tuesday. The Shanghai Composite Index tumbled by 2.5 per cent at the close, breaching its 200-day moving average that marks a dividing line between the bull and bear markets, after a 2.3 per cent decline a day earlier. Hong Kong’s benchmark Hang Seng Index sank 4.2 per cent, extending a 4.1 per cent slump on Monday. Beijing has begun to pay more heed to the quality of growth after successfully leading the economy out of a recession caused by the pandemic. On top of the clampdown on the technology and the private education industries, China has also tightened its oversight of the overheated property market, with Shanghai announcing an increase in mortgage rates for the first time in years last week. “The market expectations are that some segments of the consumer industry, such as medical beauty, will also be in for more regulation that will lead to a change of industry fundamentals,” said Min Liangchao, a strategist at HSBC Jintrust Fund Management in Shanghai. “Besides, the ongoing China-US talks in Tianjin have signalled uncertainty in the relations between the two countries.” State intervention in the stock market is not rare in China, but the results often backfire. The government bought at least 1 trillion yuan (US$154 billion) of stocks in an attempt to arrest the declines in the 2015 market meltdown that wiped out US$5 trillion, only to see share prices fall further. At the height of the trade war with the US in 2018, vice-premier Liu He made a rare call to shore up the market by saying that China’s stocks were attractive investments. Still, the Shanghai Composite fell to a four-year low two months after his comment.
  4. SINGAPORE - Singapore-listed mm2 Asia announced on Wednesday (July 28) that it has received an offer for its Cathay cinema business from local financial investment firm Kingsmead Properties. mm2 Asia operates eight cinemas in Singapore and 13 cinemas in Malaysia, as well as a movie film distribution business. It entered into a non-exclusive binding term sheet with Kingsmead Properties for the proposed sale of at least 80 per cent of the cinema business. Kingsmead Properties is incorporated in Singapore and is in the business of making strategic investments. Ms Jasmine Foo Mei Ling, a Singaporean citizen, is the sole shareholder and director of the company. Ms Foo manages her family business interests and previously worked in several global financial institutions. The acquisition price for the proposed transaction is based on a valuation of between $80 million and $120 million for the entire cinema business under mm Connect, a wholly owned subsidiary of mm2 Asia. Kingsmead will pay a $6 million deposit for the acquisition. The consideration was arrived at on a willing-buyer and willing-seller basis, and takes into account current market conditions, including the impact of Covid-19 restrictions on cinemas, said mm2 Asia. The Catalist-listed entertainment company said discussions are still at the term sheet stage, during which key commercial terms for the translation are set out. A sale will be subject to several conditions, including Kingsmead Properties securing financing for the acquisition and mm2 Asia obtaining approval from shareholders and regulators. mm2 Asia also said other earlier options, including the possible merger and independent spin-off initial public offering (IPO) of its company's cinema business are still ongoing. mm2 Asia had announced last December a tentative bid to merge its cinema business with Golden Village cinemas in Singapore, which is owned by Orange Sky Golden Harvest Entertainment. In the event that the sale to Kingsmead Properties is not completed, the $6 million deposit will be converted to either mm2 Asia shares at eight cents, or IPO shares of mm Connect, which holds the cinema business. mm Connect had obtained approval in principle from the Singapore Exchange to list on Catalist prior to the proposed sale. The move comes at a difficult time for the cinema business due to the Covid-19 outbreak and will provide mm2 Asia with more financial stability, said the company. It will also allow it to pay debt and focus on its core business of movie production and content creation, which continues to grow amid a spike in video-streaming demand, mm2 Asia added. Based on the consideration of approximately $120 million, mm2Asia expects to receive net proceeds of about $119.5 million from the proposed transaction. Founder and executive chairman Melvin Ang said the cinema business has been the company's "most asset-heavy member" and that it had been "looking for ways to optimise its stake in the cinema business". mm2 Asia incurred a net loss of $99 million for the financial year ended March 31, compared with a net profit of $6.3 million the year before. As at end-March, the company’s liabilities exceeded its assets by $119.5 million. These conditions prompted its auditor on July 13 to indicate that “a material uncertainty exists that may cast significant doubt on the company’s ability to continue as a going concern”. mm2 Asia shares rose 0.4 cent, or 6 per cent, to 7.1 cents as of 9.30am on Wednesday, after the announcement. https://www.straitstimes.com/business/companies-markets/mm2-asia-gets-offer-for-cathay-cinema-business-from-kingsmead-properties
  5. Home design new design of me changing from queen to single or super single i like this due to i can see outside at night when using laptop(it NUC but no NUC so i use laptop as display) then sleep on the king size bed, can see outside but even with solar flim, in the day will it be very hot or not, will the afternoon sunlight heat everything up and make everything uplorry faster and will the windows side very hot. i dont know as my home is not facing the western sun i do know my current home (8yr old BTO) is facing western sun. just stand near the windows is hot, even the alum frame also hot this one change to super single bed, computer is away from the windows, so it should solve the heat problem and still can enjoy the view a bit since it some how near the windows, it look like more space and less cutter but this deisgn my desktop will be hard to connect to the projector which mean i will have to find will to link the projector with the pc and sim racing on the projector
  6. https://www.facebook.com/ck.hugo.1/videos/261398602033869
  7. https://www.facebook.com/iamstillgabe/videos/1007295996477056
  8. amazon https://www.amazon.com/Thread-Striped-Complete-Bedding-Egyptian/dp/B014BOUW44
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