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SoftEnable Technology Ltd, an associate company of CityU Enterprises, won the Platinum Award in the Manufacturing Category of the 2005 Hong Kong Outstanding Software Applications Competition, organized by Oracle, HP and Intel.
Professor Ron Hui and Dr Henry Chung of the Department of Electronic Engineering demonstrated how a novel central dimmable technology works in lamps and how it contributes to the reduction of environmental pollution on 18 April.
CityU's advanced know-how and technologies are making an impact on the socio-economic development on Hong Kong and the region. Two CityU subsidiary companies, CityU Enterprises Ltd and CityU Professional Services Ltd reported robust growth in 2004 at their joint annual dinner, on 2 February.
Two CityU enterprises have been recognized for excellence in industrial performance. e.Energy Technology Ltd and Plasma Technology Ltd were awarded at the presentation ceremony of the 2004 Hong Kong Awards for Industry, 15 November.
CityU's plan to seek an initial public offering of TeleEye Holdings Ltd on Hong Kong's Growth Enterprise Market attracted around 50 people to a press conference on 23 April.
Dealings in TeleEye Holdings Ltd, of which City University of Hong Kong is a founding shareholder, commenced on 8 May on the Growth Enterprise Market (GEM) of the Stock Exchange of Hong Kong.
Dealings in TeleEye Holdings Ltd, of which City University of Hong Kong is a founding shareholder, commenced on 8 May on the Growth Enterprise Market (GEM) of the Stock Exchange of Hong Kong.
CityU Enterprises Limited (CityUE), a wholly-owned company of City University, operates under the aegis of the Industrial and Business Development Office. It was established in 1992 to facilitate, coordinate, promote and encourage contract research and consultancy which enhances technical innovation, research and development and the advancement of science, the humanities, educational and cultural activities in Hong Kong.
In another milestone in its development, CityU is the first local institution of higher education to foster a technology company from start-up to public listing. TeleEye Holdings Ltd plans to make a public offer and placing of 50 million new shares, representing 27.8% of the shareholding, on Hong Kong's Growth Enterprise Market. Of the total, 42 million shares are earmarked for a placing and eight million shares will be offered for public subscription.

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