BeautyFarm Med Announces Global Offering Results, Offer Price of HK$19.32per Share

HONG KONG, Jan 13, 2023 - (ACN Newswire via SEAPRWire.com) - Beauty Farm Medical and Health Industry Inc. ("BeautyFarm Med" or "Company", stock code: 2373.HK), the largest provider of traditional beauty services in China, today announced the allotment results of its Global Offering. The Offer Price is HK$19.32 per share. Dealings in the shares of the Company on the Main Board of the Stock Exchange of Hong Kong Limited (the "Hong Kong Stock Exchange") are expected to commence on 16 January 2023 (Monday) with a board lot size of 500 shares.The Hong Kong Offer Shares initially offered under the Hong Kong Public Offering have been very significantly oversubscribed. A total of 6,671 valid applications have been received under the Hong Kong Public Offering through the White Form eIPO service and the CCASS EIPO service for a total of 89,670,000 Hong Kong Offer Shares, representing approximately 22.12 times of the total number of 4,054,000 Hong Kong Offer Shares initially available for subscription under the Hong Kong Public Offering. The Offer Shares initially offered under the International Offering have been moderately oversubscribed, representing approximately 4.7 times of the total number of 36,482,500 International Offer Shares initially available for subscription under the International Offering. The proceeds raised from the Global Offering of shares received by the Company are planned to be used to expand and upgrade the service network, carry out strategic mergers and acquisitions of franchise stores, and further invest in IT systems. The Company stated, through nearly three decades of deep cultivation in the industry and integration of resources, BeautyFarm Med has become a leading player in China's beauty and health management service industry. The official listing on the Hong Kong Stock Exchange marks an important milestone in the history of the development of BeautyFarm Med, opening a new chapter for the Company's development. The outstanding share oversubscription shows the trust and support of global investors for the Company's business development and lays a firm ground for the Company's long-term growth. Looking forward, BeautyFarm Med will continue strategically expanding its service network and marketing channels, introducing new technologies, equipment and products, and expanding its service offerings; continuing to cultivate, recruit and retain high-caliber talent; and integrating industry resources by deepening cooperation with upstream suppliers, thereby continuing to create greater value for the clients, shareholders and employees.Beauty Farm Medical and Health Industry Inc.Beauty Farm Medical and Health Industry Inc. (stock code: 2373.HK) is a leading player in China's beauty and health management service industry, which has a large and loyal client base, extensive network with expansion efficiency, diversified services and product offerings as well as strong brand awareness. BeautyFarm Med is the largest provider of traditional beauty services and the fourth largest non-surgical aesthetic medical service provider in China with a market share of 0.2% and 0.6%, respectively, as measured by revenue in 2021 and according to Frost & Sullivan. The Company provides overall beauty and health management services through its well-established and widely recognized brand portfolio of BeautyFarm, Palaispa, CellCare and Neology. The service offerings of the Company cover traditional beauty services, aesthetic medical services as well as subhealth assessment and intervention services, across the full client lifecycle. This press release is issued by Porda Havas International Finance Communications Group for and on behalf of Beauty Farm Medical and Health Industry Inc. For further information, please contact: Porda Havas International Finance Communications GroupTelephone: 852 3150 6788Email: projectgarden.hk@pordahavas.com Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)
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JCB partners with NPCI to offer 40% cashback for RuPay JCB Cardholders for in-store purchases in Thailand, Singapore and Bahrain JCN Newswire

JCB partners with NPCI to offer 40% cashback for RuPay JCB Cardholders for in-store purchases in Thailand, Singapore and Bahrain

MUMBAI / TOKYO, Dec 29, 2022 - (JCN Newswire via SEAPRWire.com) - RuPay in partnership with JCB International Co. Ltd., has announced the second phase of its limited-time special cashback offer scheme for all RuPay JCB Debit and Credit Cardholders. JCB International Co. Ltd. is the international operations subsidiary of JCB Co. Ltd., Japan's only international payment brand. During the offer period, customers using a RuPay JCB Card will receive a 40% cashback on purchases made at retail stores in Thailand, Singapore, and Bahrain. The offer will be valid from December 29, 2022 to March 31, 2023. **The maximum cashback amount per transaction will be INR3,000, with an overall cap of INR15,000 per card during the offer period. Detailed T&C can be referred at www.rupay.co.inYoshiki Kaneko, President and COO, JCB International Co. Ltd., said, "As part of our constant endeavour to offer great value to our customers, we are happy to launch a cashback campaign from December 29, 2022 to March 31, 2023 in Thailand, Singapore and Bahrain for our valued RuPay JCB cardmember family. We are sure our rapidly increasing Indian cardmember base will enjoy not just the many doors opened by JCB's strong acceptance network but also a lucrative 40% cashback on all face-to-face transactions made by them on their RuPay JCB Debit and Credit cards in these countries."Kunal Kalawatia, Chief of Products, NPCI said, "We are happy to announce the second phase of our cashback offer scheme for all RuPay JCB Credit and Debit Cardholders. After launching the first phase of this offer and receiving positive feedback on it, we now want to expand the offering to more geographies so that an extended pool of Indian travellers can benefit from lucrative cashbacks. During the New Year season, Thailand, Singapore, and Bahrain typically see an influx of Indian tourists. Therefore, we have attempted to synchronize the appropriate locations with the opportune time in introducing the continuation of our cashback offer scheme for RuPay JCB Cardholders. Furthermore, with a growing international acceptance network and the sustaining actualisation of the pent-up demand for international travel, we hope to continue to provide such attractive offers in other regions in the future."The first-leg of the cashback scheme was introduced on October 1, 2022. In accordance with the offer scheme, RuPay JCB Debit and Credit Cardholders are being offered identical cashback benefits for in-store purchases made in Australia, Qatar and the United Arab Emirates (UAE) via their cards up until December 31, 2022.For the promotion details, please visit:https://www.rupay.co.in/rupay-festive-carnival/rupay-festive-carnival-detail?id=182 * In-store purchase means a face-to-face Point of Sale transaction made at a merchant location.** NPCI reserves the right to change/modify the scheme without recourse to anyone or without any pre-notification.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 41 million merchants around the world. JCB issues cards across various countries and regions internationally with more than 150 million card members. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and card member base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ Media Contact for JCB:Ayaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp*Inquiries will be responded from January 4, 2023 because the office will be closed December 30, 2022 - January 3, 2023.About NPCINational Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. NPCI has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC FasTag) and Bharat BillPay.NPCI is focused on bringing innovations in the retail payment systems through the use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payments solutions with nationwide accessibility at minimal cost in furtherance of India's aspiration to be a fully digital society. For more information, visit: https://www.npci.org.in/Media Contact for NPCI: Shruti SinghTel: +91 9654497747 Email: shruti.singh@npci.org.inPriyanka ChavdaTel: +91 9619378489 Email: priyanka.chavda@npci.org.inAdfactors PRGaurav Agarwal / Aneek KunduTel: +91-8822940004 / +91-7406312399Email: gaurav.agarwal@adfactorspr.com / aneek.kundu@adfactorspr.com Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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JCB partners with NPCI to offer 40% cashback for RuPay JCB cardholders for in-store purchases in Australia, Qatar and UAE JCN Newswire

JCB partners with NPCI to offer 40% cashback for RuPay JCB cardholders for in-store purchases in Australia, Qatar and UAE

TOKYO & DELHI & MUMBAI, Nov 2, 2022 - (JCN Newswire via SEAPRWire.com) - JCB International Co. Ltd., the international operations subsidiary of JCB Co. Ltd., Japan's only international payment brand partners with National Payments Corporation of India (NPCI) to announce the launch of a special cashback offer for all RuPay JCB Debit & Credit Cardholders for a limited time period. In accordance with the offer, customers using a RuPay JCB Card will receive 40% cashback at retail stores in Australia, Qatar and United Arab Emirates (UAE) during the offer period. The offer will be valid from October 1 to December 31, 2022. **The maximum cashback amount per transaction will be INR 3,000, with an overall cap of INR 15,000 per card during the offer period. Detailed T&C can be referred at www.rupay.co.inYoshiki Kaneko, President and COO, JCB International Co. Ltd. said, "With the easing of travel restrictions globally, we expect to see a surge in international travel. We are happy to partner with NPCI in launching this promotion and hope our Indian cardholders will enjoy these offers at locations carefully chosen, keeping their preferred travel destinations in mind. With wide acceptance of merchants internationally, the RuPay JCB Debit & Credit cardholders will enjoy a hassle-free and rewarding experience wherever they go."Denny V. Thomas, Head- RuPay, NPCI said, "We are delighted to launch the cashback offer for our RuPay JCB Credit and Debit cardholders. We are anticipating a high traffic from India to these locations and want our cardholders to benefit, when they spend using RuPay JCB Cards. The offer is available on all in-store purchases irrespective of size or category of the merchant. With a wide international acceptance network, we wish to provide more such attractive offers in other geographies also".For the promotion details, please visit: https://www.rupay.co.in/rupay-festive-carnival/rupay-festive-carnival-detail?id=120* In-store purchase means a face-to-face POS transaction made at a merchant location.** NPCI reserves the right to change/modify the scheme without recourse to anyone or without any pre-notification.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. JCB issues cards across various countries and regions internationally with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ Media Contact for JCB:Ayaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jpAbout NPCINational Payments Corporation of India (NPCI) was incorporated in 2008 as an umbrella organization for operating retail payments and settlement systems in India. NPCI has created a robust payment and settlement infrastructure in the country. It has changed the way payments are made in India through a bouquet of retail payment products such as RuPay card, Immediate Payment Service (IMPS), Unified Payments Interface (UPI), Bharat Interface for Money (BHIM), BHIM Aadhaar, National Electronic Toll Collection (NETC FasTag) and Bharat BillPay.NPCI is focused on bringing innovations in the retail payment systems through the use of technology and is relentlessly working to transform India into a digital economy. It is facilitating secure payments solutions with nationwide accessibility at minimal cost in furtherance of India's aspiration to be a fully digital society. For more information, visit: https://www.npci.org.in/Media Contact for NPCI:Shruti SinghTel: +91 9654497747 Email: shruti.singh@npci.org.inPriyanka ChavdaTel: +91 9619378489 Email: priyanka.chavda@npci.org.inAdfactors PRBanali Banerjee / Gaurav AgarwalTel: 9769610385 / 8822940004Email: banali.banerjee@adfactorspr.com / gaurav.agarwal@adfactorspr.com Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
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