Archive for the ‘BVI IBC Business News’ Category

BVI company to demonstrate Driving Automotive Innovation at CES 2018

Saturday, December 23rd, 2017

Luxoft, the global IT service provider of innovative technology solutions, announced that it will show its latest digital innovation at CES 2018 which will take place in Las Vegas, U.S., on January 9 – 12, 2018. The BVI corporation will showcase Autonomous Driving and Connected Mobility services.

Each of Luxoft’s demonstrations will show the latest technology solutions driving innovation at world leading OEMs in the automotive sector – including next generation pixel-to-silicon hardware and software solutions, Human Machine Interface (HMI) systems and connected car services designed and engineered by Luxoft.

China Information Technology receives Best Business Model Innovation Award

Friday, November 24th, 2017

BVI-registered company China Information Technology, Inc. has received the Best Business Model Innovation Award from the committee of the 9th China (International) Commercial Display System Industry Leaders Summit. The Summit was held in Shenzhen ad co-hosted by China Commercial Display System Industry Alliance and Shenzhen Commercial Display System Industry Promotion Association. It provided platform for representatives of industry, media, companies, academies and investment institutions to discuss current challenges and opportunities in the commercial display industry.

The innovated sharing model of Taoping Alliance, which is a new media operating organization founded by CNIT and Shenzhen Taoping New-Media Technology Limited, received the Best Business Model Innovation Award in the competition of Chinese commercial display brand value and innovative application.

BVI company announced co-hosting of Taoping Alliance Strategic Summit 2017

Tuesday, October 24th, 2017

China Information Technology, Inc. (CNIT), the company incorporated in the British Virgin Islands, providing internet-based and distribution and ad display terminal sharing systems in China, announced that it will be co-hosting Taoping Alliance Strategic Summit 2017 with an advertising agency Shenzhen Taoping New-media Technology Limited, to expand business partnership. The summit will be held on October 26, 2017.

Taoping Alliance is a new media operating organization founded by CNIT and Shenzhen Taoping New-Media Technology Limited. The company is building up a nationwide advertising resource sharing platform.

Taoping Alliance Strategic Summit 2017 will include Taoping Alliance Strategic Summit conferring ceremony, technology highlights, business model introduction, symposium forum and dinner banquet.

Premier African Minerals completes successful fundraising

Wednesday, October 4th, 2017

Premier African Minerals Limited, BVI-based and AIM-traded mining and resource development company working in Southern and Western Africa, announced an underwritten offer to raise approximately £3.5mln before expenses, at 0.3 pence per new ordinary share. The offer, which is available only through PrimaryBid.com on a “first come, first served” basis, received a strong response from private and institutional investors. Having been opened on 29 September 2017, it was closed on 1 October with £3,500,000 gross proceeds raised.

Premier African Minerals will issue additional 654,761,906 new Ordinary Shares at 0.3p each, above the shares already issued in regard to the swap agreement. The shares already issued in regard to the agreement will be repurchased by the company and re-issued to subscribers under the offer. Following the issue of the new shares, the BVI company will have 6,248,216,350 ordinary shares in issue.

The application will be made for the new shares to be admitted to trading on AIM and admission is expected to be received on or around 6 October 2017.