Citi: Earn Rewards & Miles with Citi Credit Cards ACN Newswire

Citi: Earn Rewards & Miles with Citi Credit Cards

SINGAPORE, Dec 16, 2024 - (ACN Newswire via SeaPRwire.com) - The right credit card makes every swipe more convenient and rewarding. Cardholders earn rewards or miles when they shop with Citi credit cards and enjoy an exciting new world of deals, discounts, and perks. Here's what to expect with a rewards credit card .Citi Rewards CardLooking to make the best of every purchase? The Citi Rewards Card offers a host of benefits that help cardholders get more from every swipe.Sign-up bonus: Cardmembers get a welcome gift of 40,000 bonus Citi ThankYou Points when they spend S$800 within the first two months of opening a credit card account.10X points on online purchases: Cardmembers earn 10X points on online payments for groceries, food delivery, ride-hailing services and more.10X points on in-store purchases: Rack up points on in-store credit card payments at department stores, clothing stores and other eligible locations.1 Point on all other purchases: Earn at least one Citi ThankYou Point per S$1 for all purchases.Flexible redemption: The Citi ThankYou Rewards program offers different ways to redeem points. Cardholders can pay for purchases with points, claim cash rebates or choose the reward they want from a wide range of options in the redemption catalogue.Citi PremierMiles CardThe Citi PremierMiles Card is for frequent travellers who want to make every journey count. A miles credit card offers never-expiring miles on a range of purchases from travel expenses to rent and insurance premiums.Bonus Points/Miles Earned on select purchases: Cardmembers earn1.2 Citi Miles on every S$1 spent locally2.2 Citi Miles for every S$1 spent in foreign currencyUp to 10 Citi Miles for every S$1 spent on select online travel bookingsA bonus of 10,000 Citi Miles on annual card renewals0.55 Miles earned per S$1 spent bill payments with Citi PayAll: This includes education expenses, electricity bills, rent, insurance premiums, select taxes (income tax, property tax, other tax types, and composition fees to IRAS), and miscellaneous expenses such as renovations, utilities, parking and transport, maintenance fees, donations, and wedding expenses.Travel insurance: Cardmembers enjoy travel insurance coverage of up to S$1 million on travel tickets purchased with their Citi PremierMiles CardLounge access: Cardholders get two annual complimentary visits to airport lounges worldwide.Flexible redemption: The Citi Miles program offers different ways to redeem miles. Cardholders can offset purchases with miles, get cash rebates or choose the reward they want from a wide range of options in the redemption catalogue.Benefits beyond rewardsThe perks of holding a points- or miles-earning credit card don't end at reward redemption. Cardmembers also enjoy:Citi World Privileges access: Cardmembers enjoy deals and discounts at participating merchants in Singapore and beyond.Citi PayLite: Cardholders can break large credit card expenses into more manageable monthly payments.Citi FlexiBill: Easily convert a monthly credit card balance into smaller instalments.Citi QuickCash: Need cash urgently? Citi QuickCash lets cardmembers access cash loans at interest rates as low as 3.45% p.a. (EIR 6.5% p.a.).It's important for credit card applicants to compare annual fees and interest rates as well as read their credit card agreement carefully before getting a credit card.Citibank SingaporeCitibank Singapore offers consumers and institutions a range of financial products and services, including consumer and investment banking, credit cards, and personal loans. Citibank Singapore aims to deliver holistic and innovative solutions to clients and meet the increasingly complex strategies of its regional client base in the APAC in an ever-changing financial landscape.The content reflects the view of the author of the article and does not necessarily reflect the views of Citi or its employees. Please read the products and offers on Citibank Singapore website for accuracy or completeness of the information presented in the article.CONTACT:Sonakshi MurzeManagersonakshi.murze@iquanti.comSOURCE: CITI Singapore Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Arctic Wolf and BlackBerry Announce Acquisition Agreement for Cylance ACN Newswire

Arctic Wolf and BlackBerry Announce Acquisition Agreement for Cylance

WATERLOO, ON and EDEN PRAIRIE, MN, Dec 16, 2024 - (ACN Newswire via SeaPRwire.com) - Arctic Wolf® and BlackBerry Limited (NYSE:BB)(TSX:BB), two global leaders in security software and services, today announced they have entered into a definitive agreement for Arctic Wolf to acquire BlackBerry's Cylance® endpoint security assets. Cylance is the pioneer of AI-based endpoint protection trusted by thousands of organizations around the world. With this acquisition, Arctic Wolf ushers in a new era of simplicity, flexibility, and outcomes to the endpoint security market, delivering the security operations results customers have been asking for.Under the terms of the agreement, BlackBerry will sell its Cylance assets to Arctic Wolf for $160 million of cash, subject to certain adjustments, and approximately 5.5 million common shares of Arctic Wolf. After allowing for the purchase price adjustments, BlackBerry will receive approximately $80 million of cash at closing and approximately $40 million of cash one year following the closing.The proposed transaction is subject to customary closing conditions and is expected to close in BlackBerry's fourth fiscal quarter.Arctic Wolf is a leader in AI-powered security operations, delivering its solutions from a single open platform to meet customers' needs for effective, comprehensive, and reliable security outcomes. With the addition of Cylance's trailblazing suite of endpoint security capabilities and enhanced AI functionality, Arctic Wolf will bolster its position as a market-leading platform provider, offering coverage from the endpoint to the edge.As many organizations are looking to consolidate an increasing number of disparate security tools, there is a rapidly growing demand for end-to-end platforms."Security has an operations and effectiveness problem and endpoint solutions alone have failed to live up to the outcomes they have promised for years," said Nick Schneider, president and chief executive officer, Arctic Wolf. "By incorporating Cylance's endpoint security capabilities into our open-XDR Aurora platform, we will be addressing a rampant need for a truly unified, effective security operations that delivers better outcomes for customers. We believe we will be able to rapidly eliminate alert fatigue, reduce total risk exposure, and help customers unlock further value with our warranty and insurability programs.""I am incredibly excited to partner with Arctic Wolf through this agreement," said John Giamatteo, chief executive officer of BlackBerry. "We see this transaction as a win-win for our shareholders and all other stakeholders. Our customers will realize the benefits of continuity of service and the expertise that a global cybersecurity leader like Arctic Wolf provides. Arctic Wolf benefits by adding Cylance's endpoint security solutions to its native platform. Finally, as Arctic Wolf leverages its scale to build upon and grow the Cylance business, BlackBerry will benefit as a reseller of the portfolio to our large government customers and as a shareholder of the company."There will be no impact to BlackBerry's Secure Communications portfolio of businesses, which include BlackBerry® UEM, BlackBerry® AtHoc® and BlackBerry® SecuSUITE®. The Secure Communications business will remain an integral part of the BlackBerry portfolio.Redefining the Modern Security Platform for Customers and PartnersWith the addition of a native endpoint security solution to its portfolio, Arctic Wolf is building one of the largest open XDR security platforms in the industry, enabling customers and partners to have the option to leverage more than 15 supported endpoint solutions. Arctic Wolf is currently the only security operations leader offering this type of optionality, which combined with its comprehensive approach to minimizing risk through security operations, makes it uniquely positioned to drive value for customers of all sizes and security maturity.Cylance has a long history of recognition as a market leader, known for stopping 98% of attacks before they begin and trusted by many of the world's leading organizations for its AI-driven prevention and detection. Recently, Cylance was named 2024 Customers' Choice for endpoint protection platforms (EPP) by Gartner® Peer Insights™ for the second consecutive year. By integrating Cylance into its portfolio, Arctic Wolf will provide a world-class endpoint protection solution that rivals the best in the industry, complementing its endpoint offering with one of the largest commercial SOCs in the world that delivers unified security operations and comprehensive attack surface coverage."Organizations are looking to unify tools and operations via a single platform that can effectively analyze and respond to security threats, drive consistent security outcomes, and demonstrably minimize risk," said Dan Schiappa, chief product and services officer, Arctic Wolf. "In the past, this has been a near-impossible, costly goal for resource-constrained leaders. By adding endpoint security to our platform, we will be delivering the security outcomes organizations want in one, frictionless operational platform to go toe-to-toe with today's advanced threats, while maintaining our commitment to customers and partners leveraging other endpoint solutions."Perella Weinberg Partners LP served as exclusive financial adviser to BlackBerry and Morrison Foerster LLP served as legal adviser to BlackBerry. Cooley LLP served as legal adviser to Arctic Wolf.Join BlackBerry's CEO and CFO today, Monday, December 16, at 5:30 p.m.ETfor more information on today's announcement. The call, which will be live streamed to the general public, can be accessed using the following link (here), through the Company's investor webpage (BlackBerry.com/Investors), or by dialing toll free +1 (844) 763-8275 and entering Elite Entry Number 51772. A replay will be available at approximately 8:30 p.m. ET today, using the same webcast link (here) or by dialing toll free +1 (877) 481-4010 and entering Replay Access Code 51772.Read more about Arctic Wolf's intent to acquire Cylance in a blog post from Arctic Wolf's Chief Product and Services Officer, Dan Schiappa.Additional Resources:Join the conversation with Arctic Wolf on Facebook, Twitter, LinkedIn, and YouTubeVisit arcticwolf.com to learn more about our security operations solutionsIf you're ready to get started, request a demo, get a quote, or conduct a Security Operations Maturity AssessmentWant to join Arctic Wolf's Partner Program? Apply todayAbout BlackBerryBlackBerry (NYSE:BB)(TSX:BB) provides intelligent security software and services to enterprises and governments around the world. The company's software powers over 255M vehicles. Based in Waterloo, Ontario, the company leverages AI and machine learning to deliver innovative solutions in the areas of cybersecurity, safety, and data privacy solutions, and is a leader in the areas of endpoint management, endpoint security, encryption, and embedded systems. BlackBerry's vision is clear - to secure a connected future you can trust. For more information, visit BlackBerry.com and follow @BlackBerry.Trademarks, including but not limited to BLACKBERRY and EMBLEM Design, are the trademarks or registered trademarks of BlackBerry Limited, and the exclusive rights to such trademarks are expressly reserved. All other trademarks are the property of their respective owners. BlackBerry is not responsible for any third-party products or services.About Arctic Wolf:Arctic Wolf® is a global leader in security operations, enabling customers to manage their cyber risk in the face of modern cyber-attacks via a premier cloud-native security operations platform. The Arctic Wolf Aurora Platform ingests and analyzes more than 7 trillion security events a week to help enable cyber defense at an unprecedented capacity and scale, empowering customers of virtually any size across a wide range of industries to feel confident in their security posture, readiness, and long-term resilience. By delivering automated threat protection, response, and remediation capabilities, Arctic Wolf delivers world-class security operations with the push of a button so customers can defend their greatest assets at the speed of data. For more information about Arctic Wolf, visit arcticwolf.com or follow us at @AWNetworks, on LinkedIn or Facebook.© 2024 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic Wolf, Aurora, Alpha AI, Arctic Wolf Security Operations Cloud, Arctic Wolf Managed Detection and Response, Arctic Wolf Managed Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident Response, and Arctic Wolf Concierge Security Team are either trademarks or registered trademarks of Arctic Wolf Networks, Inc. or Arctic Wolf Networks Canada, Inc. and any subsidiaries in Canada, the United States, and/or other countries.BlackBerry Investor Contact:BlackBerry Investor Relations+1 (519) 888-7465investorrelations@blackberry.comBlackBerry Media Contacts:BlackBerry Media Relations+1 (519) 597-7273mediarelations@BlackBerry.comArctic Wolf Press Contact:Ilina Cashiolailina.cashiola@arcticwolf.com202-340-0517This news release contains forward-looking statements within the meaning of certain securities laws, including under the U.S. Private Securities Litigation Reform Act of 1995 and applicable Canadian securities laws, including statements regarding the proposed transaction between BlackBerry and Arctic Wolf, the amounts and types of consideration BlackBerry will receive in connection therewith, the anticipated timing and results of the proposed transaction, the potential benefits of the proposed transaction for BlackBerry's customers and shareholders, the expectations and beliefs of BlackBerry, and other statements that are not historical facts.The words "expect", "anticipate", "estimate", "may", "will", "should", "could", "intend", "believe", "target", "plan" and similar expressions are intended to identify these forward-looking statements. Forward-looking statements are based on BlackBerry's current plans, objectives, estimates, assumptions, expectations and intentions and inherently involve significant risks and uncertainties, many of which are beyond BlackBerry's control. Many factors could cause actual achievements with respect to the transaction and the timing of events to differ materially from those expressed or implied by the forward-looking statements, including, without limitation, risks and uncertainty associated with Arctic Wolf's and BlackBerry's ability to complete the proposed transaction on the proposed terms or on the anticipated timeline, or at all; risks and uncertainties related to the satisfaction of conditions to consummate the proposed transaction; the occurrence of any event, change or other circumstance that could give rise to the termination of the purchase agreement relating to the proposed transaction; effects relating to the announcement of the proposed transaction or any further announcements or the consummation of the proposed transaction on the market price of BlackBerry's common shares; failure to realize the expected benefits of the proposed transaction, including risks associated with the payment of consideration post-closing and the availability of funds therefor and risks related to the value of Arctic Wolf's common shares; risks related to future opportunities and plans for BlackBerry's business, including its Secure Communications portfolio, and results of BlackBerry following completion of the proposed transaction; the risk of litigation in connection with the proposed transaction, including resulting expense or delay; significant transaction costs and/or unknown or inestimable liabilities; risks related to diverting the attention of BlackBerry management from ongoing business operations; risks related to the proposed transaction disrupting BlackBerry's operations and making it more difficult to conduct business as usual or for BlackBerry to maintain relationships with customers, resellers, channel partners or other third parties; adverse economic, geopolitical and environmental conditions; and other risks and uncertainties affecting BlackBerry, including those described from time to time under the caption "Risk Factors" and elsewhere in BlackBerry's SEC filings and reports, including those discussed in BlackBerry's Annual Report on Form 10-K and the "Cautionary Note Regarding Forward-Looking Statements" section of BlackBerry's MD&A (copies of which filings may be obtained at www.sedar.com or www.sec.gov). All of these factors should be considered carefully and readers should not place undue reliance on BlackBerry's forward-looking statements. Moreover, other risks and uncertainties of which BlackBerry is not currently aware may also affect its forward-looking statements and may cause actual results and the timing of events to differ materially from those anticipated.The forward-looking statements made in this news release are made only as of the date hereof or as of the dates indicated in the forward-looking statements and reflect the views stated therein with respect to future events as at such dates. BlackBerry has no intention and undertakes no obligation, and expressly disclaims any obligation, to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law.SOURCE: BlackBerry Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Australian developers win at the 19th PropertyGuru Asia Property Awards Grand Final ACN Newswire

Australian developers win at the 19th PropertyGuru Asia Property Awards Grand Final

OVER 130 LEADING DEVELOPERS AND DESIGN PRACTICES FROM ACROSS ASIA GATHER IN BANGKOK FOR FINALE OF 2024 AWARDS SERIES, SEVEN OF WHICH ARE FROM AUSTRALIASYDNEY, AU, Dec 17, 2024 - (ACN Newswire via SeaPRwire.com) - The 19th Annual PropertyGuru Asia Property Awards Grand Final, supported by V-ZUG Thailand, last Friday revealed the region’s finest real estate and outstanding developers at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.The conclusion of the 2024 PropertyGuru Asia Property Awards series hosted over 130 award-winning finalists from across Asia, elevating their achievements on the international stage.Zhuhai Huafa Properties Co., Ltd. was honoured as the Best Developer in Asia—a first for the company.This marked one of five wins for companies representing Mainland China. Winners from Mainland China included Lead8, awarded for its projects MixC Changchun and K11 Shanghai, Huaihai Middle Road. Other winning design practices were Jiang & Associates Creative Design, which won for ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK, and Sybarite, which won for SKP Chengdu.Developers from Hong Kong and Macau also excelled with four winning titles. Winners included China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited, winning for PANO HARBOUR; Lek Hang Group for Hotel Central Macau; Lofter Group Limited for 1 Ki Lung Street; and New Orient Group for San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building).Australia garnered seven wins, three of which went to BLVD by OSK Property. Other champions included BHC Property, winning for Mercer; FY Property, Kooringa Group, MA Financial, CPDM for Chatswood Garden; Golden Sedayu for Burswood Point; and Jean Yip Developments for Elements at Carousel.The Philippines emerged as the most awarded market with 12 accolades. Federal Land, Inc. stood out as Best Luxury Developer (Asia), accompanied by a win for Riverpark, while Federal Land NRE Global, Inc. gained the Best Breakthrough Developer (Asia) title. Aboitiz InfraCapital Economic Estates was honoured as Best Industrial Developer (Asia), supported by a win for LIMA Estate.Adding to the Philippines’ impressive tally were titles for RLC Residences, winning for The Residences at The Westin Manila; Robinsons Offices for GBF Center 1; and work.able for work.able Robinsons Summit Center. Alveo Land won for Viento at Cerca while Sunshine Fort North Bonifacio Realty Development Corporation won for MITSUKOSHI BGC.The Estate Makati—a collaboration between SM Development Corporation (SMDC) and Federal Land—received two titles. This year’s PropertyGuru Icon Award was presented to Henry T. Sy, Jr., non-executive director and chairman of the board at SM Prime Holdings, by the editorial team of Property Report by PropertyGuru, the official magazine of the Awards.A wide array of companies from Malaysia triumphed with 11 wins. They included Bangsar Heights Pavilion, winning for Quayside JBCC; Berinda Group for Ponderosa Callista; City Motors Group for Alfa Bangsar; Eupe Corporation Berhad for Helix2 @ PJ South; Gunung Impian Development Sdn Bhd for Iconia Garden Residence; Iskandar Investment Berhad for Medini Innopolis; JLand Group Sdn Bhd for Sanubari @ Bandar Dato Onn; Malton Berhad for The Park 2 Pavilion Bukit Jalil; Sime Darby Property Berhad for Serenia Industrial Park; Tropicana Corporation Berhad for Avisa Residences, Tropicana Alam; and Triterra Sdn Bhd for The MET Corporate Towers.Indonesia celebrated eight wins, led by Paramount Land, winner of the Best Township Developer (Asia) title. Sinar Mas Land garnered multiple titles for BSD City and Biomedical Campus, as well as its joint ventures: Greenland International Industrial Center (GIIC) at Kota Deltamas by JV Sinar Mas Land & Sojitz Corporation and Navapark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land J/V.Other victorious developers from Indonesia were DM Projects Group, winning for Salty Jim Villa; PT Adhi Commuter Properti Tbk. for LRT City Cibubur; and Summarecon Group for Flora at Summarecon BandungSingapore continued its winning streak with eight wins. UOL Group Limited was recognised as both Best Sustainable Developer (Asia) and Best Hospitality Developer (Asia), with Meyer Blue winning an award for both UOL Group Limited and Singapore Land Group Limited. Pan Pacific Orchard meanwhile yielded a win for both UOL Group Limited and Pan Pacific Hotels Group.Similarly, GuocoLand and Hong Leong Holdings Limited jointly won for Lentor Mansion. TID Pte. Ltd. won Best Lifestyle Developer (Asia), alongside a win for Lentoria, while FRX Capital Private Limited was named Best Boutique Developer (Asia).Thailand earned four titles, with Sansiri Public Company Limited winning for BuGaan Pattanakarn and Narasiri Phahol-Watcharapol. AP (Thailand) Public Company Limited also represented the kingdom with a win for The City Rama5-Nakhon In while APAC Land won for APAC Tower.Also claiming four titles, Vietnam emerged victorious with Phu Long Real Estates Corporation named asBest Community Developer (Asia). Gamuda Land won two titles for Eaton Park while Ecopark scored a win for Ecovillage Saigon River.From Japan, Niseko Woodlands Limited won for Grand Tsuru Niseko while Yoichi Dreams was recognised for Kisin.Saudi Arabia debuted at the Grand Final with Oud Real-Estate Development Company winning Best Mixed Use Developer (Asia), following a series of wins during the inaugural PropertyGuru Asia Property Awards (Middle East).From Cambodia, LP Residences Co., Ltd. received a win for its Palm Springs project. By the Waters by Suryam Developers LLP meanwhile gained a recognition for India.Jeremy Williams, managing director for Marketplaces at PropertyGuru Group, said: "PropertyGuru’s commitment to a sustainable future in Asia is truly reflected in this year’s award winners. By raising benchmarks for resilience and sustainability, we power communities to live, work, and thrive in tomorrow’s cities. These accolades not only honour the efforts of developers and design practices but also inspire innovation that benefits property seekers, agents, and investors alike. As we celebrate the 19th edition of the Grand Final, we look forward to a wave of progress creating what’s next for the region’s built environment."Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “The 2024 PropertyGuru Asia Property Awards series included many first-time accolades. We celebrated the strengths of emerging and established property markets, expanding to new regions and revisiting the region’s leading real estate destinations. We also honoured individuals—industry legends and rising stars poised to change the game. Through the People’s Choice Awards, we engaged with property buyers, giving them a platform to support developers who share their aspirations and values. We also recognised excellence in ESG, supporting those making our industry more sustainable for future generations of property seekers. It’s an honour to conclude this series by celebrating companies across a wide variety of real estate sectors and distinguishing multiple types of projects throughout Asia Pacific, a region that is becoming home to the cities of tomorrow.”Thien Duong, chairperson of the Grand Final, said: “This year’s winners across Asia Pacific have impressed the judges with their sustainable, functional masterplans and designs, spanning everything from expansive townships to livable homes and dynamic commercial spaces. Excellence in property development is incessantly redefined across the region, and we’re happy to contribute to this ongoing evolution. Congratulations to the Gold Standard bearers of real estate across Asia Pacific.”An independent panel of head judges from participating markets in the Awards selected the winners: Thien Duong, general director, GroupGSA Vietnam (Vietnam); Ajai A Kapoor, CEO, 360 degrees – Real Estate Services (India); Cyndy Tan Jarabata, president of TAJARA Leisure & Hospitality Group Inc. (Philippines); Eddie Guillemette, CEO, Midori no Ki (Japan); Datuk Ar. Ezumi Harzani Ismail, president, Malaysian Institute of Architects: 2020-2022 (Malaysia); Ivan Lam, executive director, international business, Charter Keck Cramer (Australia); Ken Ip, chairman, Asia MarTech Society (Mainland China); Kristin Thorsteins, co-founder & managing partner, Portman Investment Pte Ltd (Singapore); Dr. Nirmal De Silva, director and CEO, Paramount Realty (Sri Lanka); Paul Tse, president, board of directors, Macao Association of Building Contractors and Developers (China – Hong Kong and Macau); Sorn Seap, president, Cambodian Valuers and Estate Agents Association (Cambodia); Suphin Mechuchep, CEO, Sen X Group PCL (Thailand); and Vivin Harsanto, senior director and head of advisory, JLL Indonesia (Indonesia).HLB ensured the fairness, transparency, and credibility of the selection process under the supervision of Paul Ashburn of HLB International Real Estate Group. The global network of independent professional accounting firms and business advisers was recognised as the “2024 Network of the Year.”The 19th PropertyGuru Asia Property Awards Grand Final was a highlight of PropertyGuru Week, which also featured the PropertyGuru Asia Real Estate Summit; the debut of the Awards in the Middle East; and the latest editions of the Awards in Mainland China, Hong Kong, Macau, Japan, India, Sri Lanka, and Cambodia.Organised by PropertyGuru Group, the 19th PropertyGuru Asia Property Awards Grand Final is supported by gold sponsor V-ZUG Thailand; official portal partner PropertyGuru; official magazine Property Report by PropertyGuru; media partners Bridges, BusinessWorld, d+a Magazine, Detik.com, Hot Magazine, Kiripost, Kompas.com, Luxury Society Asia, Manila Bulletin, Pattaya Trader, Prop2morrow, REm, SquareRooms, Tatler Asia Homes, The Philippine Star, and Think of Living; supporting partner REHDA Institute; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.COMPLETE LIST OF WINNERS19th PropertyGuru Asia Property Awards Grand FinalDEVELOPER AWARDSBest Developer (Asia)Zhuhai Huafa Properties Co., Ltd. – Mainland China (WINNER)BHC Property – AustraliaHome Lands Skyline (Pvt) Ltd – Sri LankaNew World Development Company Limited – China – Hong Kong and MacauRobinsons Land – PhilippinesSignature Global (India) Limited – IndiaSinar Mas Land – IndonesiaUOL Group Limited – SingaporeBest Luxury Developer (Asia)Federal Land, Inc. – Philippines (WINNER)Best Township Developer (Asia)Paramount Land – Indonesia (WINNER) Best Mixed Use Developer (Asia)Oud Real-Estate Development Company – Saudi Arabia (WINNER)Best Sustainable Developer (Asia)UOL Group Limited – Singapore (WINNER)King Square Development Co., Ltd. – ThailandBest Industrial Developer (Asia)Aboitiz InfraCapital Economic Estates – Philippines (WINNER)Best Lifestyle Developer (Asia)TID Pte. Ltd. – Singapore (WINNER)Best Hospitality Developer (Asia)UOL Group Limited – Singapore (WINNER) Best Community Developer (Asia)Phu Long Real Estates Corporation – Vietnam (WINNER)Best Boutique Developer (Asia)FRX Capital Private Limited – Singapore (WINNER)Lofter Group Limited – China – Hong Kong and Macau Best Breakthrough Developer (Asia)Federal Land NRE Global, Inc. – Philippines (WINNER)DEVELOPMENT AWARDSBest Mega Township Development (Asia)BSD City by Sinar Mas Land – Indonesia (WINNER) Best Township Development (Asia)Riverpark by Federal Land, Inc. – Philippines (WINNER)Koh Pich City by OCIC Group – CambodiaSummarecon Bogor by Summarecon Group – Indonesia Best Mixed Use Development (Asia)Burswood Point by Golden Sedayu – Australia (WINNER) Gaysorn Village by Gaysorn Property Co., Ltd. – ThailandKingsQuare by King Square Development Co., Ltd. – ThailandShenzhen Huafa Snow World by Zhuhai Huafa Properties Co., Ltd. – Mainland ChinaBest Ultra Luxury Condo Development (Asia)The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER)Jianfa Zichen by Jianfa Fangdichan Jituan – Mainland ChinaBest Luxury Condo Development (Asia)Meyer Blue by UOL Group Limited and Singapore Land Group Limited – Singapore (WINNER) R&F Princess Cove Phase 2 - Seine Region by R&F Development Sdn Bhd. – MalaysiaThe Seasons Residences by Sunshine Fort North Bonifacio Realty Development Corporation – PhilippinesWaterdale Residencies, bordering Colombo 7 by Home Lands Skyline (Pvt) Ltd – Sri Lanka Best High End Condo Development (Asia)Viento at Cerca by Alveo Land – Philippines (WINNER)Cerule at Solinea by Alveo Land – PhilippinesXi'an Huafa Lijun ‧Center Glorous by Zhuhai Huafa Properties Co., Ltd. – Mainland ChinaBest Condo Development (Asia)The Estate Makati by SM Development Corp. and Federal Land – Philippines (WINNER)BLVD by OSK Property – AustraliaLentor Mansion by GuocoLand and Hong Leong Holdings Limited – SingaporeThe Pavilia Forest by Joint Venture by New World Development Company Limited & Far East Consortium International Limited – China – Hong Kong and Macau Best Mid End Condo Development (Asia)Helix2 @ PJ South by Eupe Corporation Berhad – Malaysia (WINNER)Aspen Peak by Rumapadu by Harmas Land & Integrasi Transit Jakarta (ITJ) – IndonesiaBest Completed Condo Development (Asia)The Park 2 Pavilion Bukit Jalil by Malton Berhad – Malaysia (WINNER)Best Luxury Waterfront Condo Development (Asia)PANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and Macau (WINNER)Meyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporeBest Waterfront Condo Development (Asia)Eaton Park by Gamuda Land – Vietnam (WINNER) Oceana Beach Resort Apartments & Villas - Wadduwa by Home Lands Skyline (Pvt) Ltd – Sri LankaThe Residences at Terrazas de Punta Fuego by Landco Pacific Corporation – Philippines Best Connectivity Condo Development (Asia)1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and Macau (WINNER)Best TOD Condo Development (Asia)LRT City Cibubur by PT Adhi Commuter Properti Tbk. – Indonesia (WINNER)Best Investment Condo Development (Asia)Elements at Carousel by Jean Yip Developments – Australia (WINNER)Best Lifestyle Condo Development (Asia)The Residences at The Westin Manila by RLC Residences – Philippines (WINNER)Best Eco Friendly Condo Development (Asia) Alfa Bangsar by City Motors Group – Malaysia (WINNER)Best Ultra Luxury Housing / Landed Development (Asia)BuGaan Pattanakarn by Sansiri Public Company Limited – Thailand (WINNER)Best Luxury Housing / Landed Development (Asia)Narasiri Phahol-Watcharapol by Sansiri Public Company Limited – Thailand (WINNER) Best Housing / Landed Development (Asia)Grand Tsuru Niseko by Niseko Woodlands Limited – Japan (WINNER)Kisin by Yoichi Dreams – JapanMount Rosie Signature Collection by FRX Capital Private Limited – Singapore Best Mid End Housing / Landed Development (Asia)The City Rama5-Nakhon In by AP (Thailand) Public Company Limited – Thailand (WINNER)Leonora at Summarecon Serpong by Summarecon Group – Indonesia Best Affordable Housing / Landed Development (Asia)Avisa Residences, Tropicana Alam by Tropicana Corporation Berhad – Malaysia (WINNER)Britania Bekasi by PT. Mekar Agung Sejahtera – IndonesiaSpring Residence at Spring City, Sentul City by PT Sentul City Tbk – IndonesiaVilla Natura by Eupe Corporation Berhad – Malaysia Best Completed Housing / Landed Development (Asia)Flora at Summarecon Bandung by Summarecon Group – Indonesia (WINNER)Best Waterfront Housing / Landed Development (Asia)By the Waters by Suryam Developers LLP – India (WINNER)Best Investment Housing Development (Asia)Iconia Garden Residence by Gunung Impian Development Sdn Bhd – Malaysia (WINNER)Best Branded Residential Development (Asia)Quayside JBCC by Bangsar Heights Pavilion – Malaysia (WINNER)The Residences at The Westin Manila by RLC Residences – Philippines Best Luxury Townhouse Development (Asia)Mercer by BHC Property – Australia (WINNER)Best Townhouse Development (Asia)Chatswood Garden by FY Property, Kooringa Group, MA Financial, CPDM – Australia (WINNER)Best Smart Home Development (Asia)Sanubari @ Bandar Dato Onn by JLand Group Sdn Bhd – Malaysia (WINNER)Best Integrated Work From Home Development (Asia)BLVD by OSK Property – Australia (WINNER)Best Wellness Residential Development (Asia)BLVD by OSK Property – Australia (WINNER)The Residences at The Westin Manila by RLC Residences – PhilippinesBest Heritage Development (Asia)Hotel Central Macau by Lek Hang Group – China – Hong Kong and Macau (WINNER)San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and Macau Best Mega Scale Industrial Development (Asia)Greenland International Industrial Center (GIIC) at Kota Deltamas by JV Sinar Mas Land & Sojitz Corporation – Indonesia (WINNER)Best Industrial Development (Asia)Serenia Industrial Park by Sime Darby Property Berhad – Malaysia (WINNER)Light Industry & Science Park IV by Science Park of the Philippines. Inc. – PhilippinesBest Green Industrial Development (Asia)LIMA Estate by Aboitiz InfraCapital Economic Estates – Philippines (WINNER) Best Office Development (Asia)The MET Corporate Towers by Triterra Sdn Bhd – Malaysia (WINNER)83 King Lam Street by New World Development Company Limited – China – Hong Kong and MacauCybergate Iloilo Tower 3 by Robinsons Offices – PhilippinesFourE-com Center by SM Offices by SM Prime – PhilippinesJLC by Hongkong Land – Mainland ChinaOriental Square by OSI by Orient Success International Investment Joint Stock Company (OSI Holdings) – Vietnam Best Retail Development (Asia)MixC Changchun by Lead8 – Mainland China (WINNER)23 Paskal Shopping Center by PT Indonesian Paradise Property Tbk and Subsidiaries – Indonesia Best Smart Building Development (Asia)Biomedical Campus by Sinar Mas Land – Indonesia (WINNER) Best Green Development (Asia)Navapark by PT. Bumi Parama Wisesa, Hongkong Land & Sinar Mas Land J/V – Indonesia (WINNER)KingsQuare Residence by King Square Development Co., Ltd. – ThailandSignature Global Titanium SPR by Signature Global (India) Limited – IndiaBest Nature Integrated Development (Asia)Lentor Mansion by GuocoLand and Hong Leong Holdings Limited – Singapore (WINNER)Kisin by Yoichi Dreams – JapanThe Morizen at Summarecon Mutiara Makassar by Summarecon Group & Sumitomo Forestry – Indonesia DESIGN AWARDSBest Mega Township Masterplan Design (Asia)Medini Innopolis by Iskandar Investment Berhad – Malaysia (WINNER)Riverpark by Federal Land, Inc. – PhilippinesBest Township Masterplan Design (Asia)Ecovillage Saigon River by Ecopark – Vietnam (WINNER)Paramount Petals by Paramount Land – IndonesiaBest Mixed Use Architectural Design (Asia)K11 Shanghai, Huaihai Middle Road by Lead8 – Mainland China (WINNER)Quayside JBCC by Bangsar Heights Pavilion – Malaysia Best Condo Architectural Design (Asia)Lentoria by TID Pte. Ltd. – Singapore (WINNER)1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and MacauLucky No. 16 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland ChinaMeyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporePANO HARBOUR by China Resources Land (Overseas) Limited and Poly Property (Hong Kong) Co., Limited – China – Hong Kong and MacauThe Hillshore by FRX Capital Private Limited – SingaporeThe Spinnaker by Landco Pacific Corporation – PhilippinesBest Housing / Landed Architectural Design (Asia)Ponderosa Callista by Berinda Group – Malaysia (WINNER)The Links Golf Villas by PT. New Kuta Golf And Ocean View – IndonesiaThe Palazzo Pinklao-Borom by AP (Thailand) Public Company Limited – ThailandVong Residence by V.I Land Investment Co., Ltd. – Cambodia Best Resort Housing Architectural Design (Asia) Kisin by Yoichi Dreams – Japan (WINNER)Best Office Architectural Design (Asia)APAC Tower by APAC Land – Thailand (WINNER) GBF Center 1 by Robinsons Offices – PhilippinesJuli Road No.1 by GAD Architectural Design (Shanghai) Co., Ltd. – Mainland ChinaTHE CENDAS by S E A Holdings Limited – China – Hong Kong and MacauBest Retail Architectural Design (Asia)MITSUKOSHI BGC by Sunshine Fort North Bonifacio Realty Development Corporation – Philippines (WINNER) Best Condo Interior Design (Asia)BLVD by OSK Property – Australia (WINNER) 2C Boundary Street by Lofter Group Limited – China – Hong Kong and MacauCasa Rivera by HWCD Design – Mainland ChinaCentury of Cultural Collection by HWCD Design – Mainland China Best Housing / Landed Interior Design (Asia)Salty Jim Villa by DM Projects Group – Indonesia (WINNER)Regalità by Da Vinci Land – SingaporeBest Suburban Housing / Landed Interior Design (Asia)Palm Springs by LP Residences Co., Ltd – Cambodia (WINNER)Best Heritage Interior Design (Asia) San Tung Fong Commerical Inn North Wing (Former LokKok Restaurant Building) by New Orient Group – China – Hong Kong and Macau (WINNER) Best Mega Scale Office Interior Design (Asia)ALIBABA BEIJING CHAOYANG SCIENCE & TECHNOLOGY PARK by Jiang & Associates Creative Design – Mainland China (WINNER) Best Office Interior Design (Asia)GBF Center 1 by Robinsons Offices – Philippines (WINNER) Best Co Working Space (Asia)work.able Robinsons Summit Center by work.able – Philippines (WINNER)Best Retail Interior Design (Asia)SKP Chengdu by Sybarite – Mainland China (WINNER)Best Hospitality Interior Design (Asia)Pan Pacific Orchard by UOL Group Limited and Pan Pacific Hotels Group – SingaporeBest Condo Landscape Design (Asia)Eaton Park by Gamuda Land – Vietnam (WINNER) 1 Ki Lung Street by Lofter Group Limited – China – Hong Kong and MacauLentor Mansion by GuocoLand and Hong Leong Holdings Limited – SingaporeMeyer Blue by UOL Group Limited and Singapore Land Group Limited – SingaporePUBLISHER’S CHOICEPropertyGuru Icon AwardHenry T. Sy, Jr., Non-Executive Director/Chairman of the Board, SM Prime Holdings Chairman and Chief Executive Officer, SM Development Corporation (WINNER)About PropertyGuru’s Asia Property AwardsPropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024. For more information, please visit AsiaPropertyAwards.comAbout PropertyGuru GroupPropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024. (3) Based on data between January 2024 and March 2024. (4) Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.com Sales & Nominations:Udomluk Suwan, Sales DirectorM: +66 87 699 4433E: may@propertyguru.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
‘Think Business, Think Hong Kong’ is coming to Jakarta ACN Newswire

‘Think Business, Think Hong Kong’ is coming to Jakarta

Jakarta, Indonesia, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) is set to conduct its mega promotion campaign, Think Business, Think Hong Kong (TBTHK), in Jakarta on 8 January.The full-day symposium, set to take place at Shangri-La Jakarta, will bring together business leaders from Hong Kong and Indonesia. More than 20 government representatives and business leaders will speak about the latest developments and opportunities in Asia and across diverse sectors, including finance, smart city, sustainability, transportation, innovation and technology (I&T) and more. Over 1,000 participants, including Indonesian government officials and business leaders from large corporations and SMEs, are expected.TBTHK aims to showcase Hong Kong, a resilient business and investment hub, as an ideal springboard for Indonesian businesses to access new opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), as well as the wider China and Asia markets. Ronald Ho, HKTDC’s Regional Director of Southeast Asia and South Asia, said at a press conference in Jakarta, “Hong Kong's strategic location as an international financial, fundraising and investment hub and as the gateway between Mainland China and the rest of the world presents immense opportunities for Indonesian businesses seeking to expand in the GBA and Mainland China. We look forward to connecting businesses with opportunities at TBTHK in Jakarta on 8 January.” He continued, “the Hong Kong SAR Chief Executive led a delegation organised by the HKTDC last year to ASEAN, including Indonesia, which resulted in the signing of 15 MoUs. The TBTHK promotion will build on that previous success to further promote business cooperation between Indonesia and Hong Kong.”Event HighlightIn addition to the symposium, some 20 Hong Kong service providers and start-ups will feature their flagship products and solutions in the exhibition’s Business Support Zone and InnoVenture Salon to create opportunities for collaboration with Indonesian participants.A delegation of some 100 senior executives, innovators, start-ups and professional service providers from various service sectors – including I&T, infrastructure and transportation – will explore business opportunities in Indonesia through company visits, networking events and business matching meetings.A high-level gala dinner, during which Hong Kong and Indonesia business leaders will have the opportunity to further engage in dialogue and network, concludes the day’s events.Indonesia-Hong Kong strong tiesAs the largest country in Southeast Asia, Indonesia is an important partner for Hong Kong. Economically, Hong Kong and Indonesia have seen their trade and investment ties deepen over the past decades. In 2023, Indonesia was Hong Kong’s 6th largest trading partner among ASEAN member states.Regarding bilateral investment, at the end of 2023, Hong Kong was Indonesia’s 6th largest investor, after Singapore, Japan, the US, the Netherlands and Mainland China, with a total FDI stock of US$17,253 million. In the same year, Hong Kong was Indonesia’s 2nd largest source of FDI, after Singapore, with a FDI flow of US$3,769 million.Presenting Hong Kong as an Ideal Business PartnerHong Kong has consistently ranked high on economic freedom and competitiveness. Its institutional strengths, including its free trade and investment regimes, a simple and low tax system and free flow of capital and goods offer a favourable business and investment environment.As a major business and trading hub in Asia, the city boasts excellent connectivity to the rest of Asia, with half of the world’s population within a five-hour flight. The new three-runway system at Hong Kong International Airport will significantly enhance passenger and cargo capacity, further solidifying its status as an international aviation hub. With Mainland China at its doorstep, Hong Kong serves as a gateway to this vast market, acting as a super connector between China and the world. Home to numerous international logistics firms and experienced supply chain service providers, Hong Kong can address the needs of ASEAN businesses.ASEAN countries can leverage Hong Kong's status as a premier international finance and business centre to raise funds and attract investment for developing smart cities, advancing the manufacturing sector and enhancing sustainability initiatives. As the largest offshore RMB market, the city provides robust infrastructure for efficient clearing and settlement of cross-border transactions. Its supportive regulatory environment fosters innovation and collaboration among ASEAN nations, promoting economic integration and offering diverse options for trade settlement. Through strategic partnerships with central banks, Hong Kong is ideally positioned to facilitate the growth of local currency usage, strengthening trade and investment across the region.With its strategic location as a finance, fundraising, and investment hub, combined with its role as superconnector, Hong Kong presents immense opportunities for Indonesian businesses seeking to expand into the GBA, Mainland China, Belt and Road countries and the wider Asia market.For more information, visit:https://thinkbusinessthinkhk.com/2025-jakarta/symposium/en/index.htmlPhoto download: https://bit.ly/4iyAChiA press conference was held in Jakarta today, during which Ronald Ho, HKTDC’s Regional Director of South East Asia and South Asia, announced details of the Think Business, Think Hong Kong (TBTHK) mega promotion, taking place in Jakarta on 8 January.(from left) Ronald Ho, Regional Director, South East Asia and South Asia, HKTDC; Suwito, Chairman, Hong Kong and Macau Bilateral Committee, Indonesia Chamber of Commerce and Industry (Kadin Indonesia); Didit A. Ratam, Vice Chair, International Relations Division, Indonesia Employers Association (APINDO); Ira Sofwan, Deputy Chairman, DPP Indonesia Women Entrepreneurs Association (IWAPI); and Muhammad Aaron Annar Sampetoding, Chairman of International Relations, Indonesian Young Entrepreneurs Association (HIPMI), attended the Think Business, Think Hong Kong (TBTHK) press conference at the Shangri-La Jakarta today.Media enquiriesAdvo Public RelationsFriska Rani Tel: 081298980400 mail: friska@advo-indonesia.comHKTDC’s Communication & Public Affairs Department:Snowy Chan Tel.: (852) 2584 4525 Email: snowy.sn.chan@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
SHENZHEN DOBOT CORP LTD Announces Proposed Listing on Main Board of The Stock Exchange of Hong Kong Limited ACN Newswire

SHENZHEN DOBOT CORP LTD Announces Proposed Listing on Main Board of The Stock Exchange of Hong Kong Limited

Investment Highlights- Player at the Frontline of the Booming Cobot Industry- Robust Research and Development Capabilities Guided by a Long-termist Mindset- Proprietary Full-stack Technologies Covering All the Key Aspects in the Cobot Development Cycle- Comprehensive Product Matrix Catering to a Wide Array of Use Cases- Successful Commercialization Underscored by Global Footprint and Clientele- Visionary and Experienced Management TeamHONG KONG, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - SHENZHEN DOBOT CORP LTD (“DOBOT” or the “Company”, together with its subsidiaries, collectively referred as the “Group”) has recently announced the details of the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited (“HKEx”) (the “Share Offer”).DOBOT plans to offer a total of 40,000,000 shares, subject to over-allotment option, comprising 2,000,000 Public Offer Shares and 38,000,000 Placing Shares, at an Offer Price range between HK$18.80 and HK$20.80 per Offer Share. The Public Offer opened at 9:00 a.m. on Friday, December 13 and close at 12:00 noon on Wednesday,December 18. The allotment results will be announced on Friday, December 20. Dealings in H shares on HKEx are expected to commence on Monday, December 23, under the stock code 2432.HK.Guotai Junan Capital Limited and ABCI Capital Limited are the Joint Sponsors. Joint Bookrunners are Guotai Junan Securities (Hong Kong) Limited, ABCI Capital Limited, China PA Securities (Hong Kong) Company Limited,Shenwan Hongyuan Securities (H.K.) Limited and TradeGo Markets Limited.Company OverviewDOBOT is one of leading companies that specializes in the development, manufacturing and commercialization of collaborative robots, or commonly known as“cobots.” DOBOT is a top 2 player in the global cobot industry and the No.1 player among all Chinese cobot companies, with a global market share of 13.0% as measured by shipment volume in 2023, according to the CIC Report. The global cobot industry is at a nascent stage of development, whose market size accounted for less than 2% of the global robot industry in terms of revenue in 2023. According to the same source, the Group ranked seventh in the global cobot industry with a global market share of 3.6% in terms of global revenue generated from cobots in 2023.The Group is focusing on industry innovation, particularly in cobot safety measures and AI capabilities, by introducing the flexible e-skin technology, SafeSkin, and launching AI-empowered cobots underpinned by its AI cobot empowering platform, X-Trainer. As of 6 December 2024, the Group offered a total of 27 cobot models in four series, catering to numerous use cases in manufacturing, retail, healthcare, STEAM education, scientific research settings and many more. During the Track Record Period, the Group sold a total of over 53,000 cobots globally.Business Model and Market OutlookCobots are robots with operational robotic arms intended for direct human-robot interaction or collaboration within a shared space or where humans and robots are operating in proximity. DOBOT is primarily engaged in the design,development, manufacturing and commercialization of cobots. Its cobot products are adopted by global customers for various use cases in manufacturing, retail, healthcare, STEAM education, scientific research settings and many more. All of the cobot products are designated Specialist Technology Products. The Group adopted a transaction[1] based model for the sales of the cobot products.The global cobot market size has grown significantly from US$466.6 million in 2019 to US$1,039.5 million in 2023,at a CAGR of 22.2%, and is expected to reach US$4,950.0 million by 2028, at a CAGR of 36.6% from 2023 to 2028.In particular, China is playing an increasingly important role in the global cobot market, with its share in the global cobot market projected to increase from 26.3% in 2023 to 37.2% in 2028, at a CAGR of 46.5% from 2023 to 2028.The proliferation of AI technologies is expected to further accelerate the adoption of cobots in more use cases. The Group believes DOBOT is well positioned to capture the substantial market opportunity.Financial HighlightsThe total revenue of the Group was approximately RMB174.3 million, RMB241.0 million, RMB286.7 million for FY2021, FY2022, FY2023, respectively, at a CAGR of 28.3% and increased by 9.6% from RMB109.9 million in the six months ended June 30, 2023 to RMB120.5 million in the six months ended June 30, 2024. The Group’s export volume of cobots has consistently ranked first in China for six consecutive years, according to the CIC Report.The Group recorded gross profit of RMB88.1 million, RMB98.2 million, RMB124.8 million, and RMB52.8 million in 2021, 2022, 2023 and the six months ended June 30, 2024, respectively. The gross profit margin in 2021, 2022 and 2023 was 50.5%, 40.8%, 43.5% and 43.9%, significantly above the industry average. The outstanding margin profile is largely attributable to the global distribution network and an international clientele. In 2021, 2022, 2023 and the six months ended June 30, 2024, overseas markets contributed 48.1%, 58.1%, 59.1% and 61.4% of the total revenue, respectively. The cost advantages also stem from the proprietary development of key components and in-house design and development of key components as well as economies of scale as demands for the products continue to grow, coupled with the ongoing ramp-up of the production base in Rizhao, Shandong. Being a major port city, Rizhao’s proximity to the port significantly reduces transportation costs, facilitating efficient global export of the products. The favorable margin profile not only improves the financial performance but also affords us more flexibility in marketing strategy tailored to an increasingly competitive landscape.In 2021, 2022 and 2023, the Group had losses for the year of RMB41.8 million, RMB52.5 million and RMB103.3 million, respectively, and in the six months ended June 30, 2023 and 2024, the Group had losses for the period of RMB51.7 million and RMB59.9 million, respectively. This mainly attributes to the fact that the Group is in the stage of expanding the Group’s business and operations in the rapidly growing cobot market and are continuously investing in research and development.Competitive StrengthsAs one of the leading companies in the cobot industry, the Group believes that its success is attributable to the following competitive strengths: Firstly, DOBOT is one of the leading players at the frontline of the booming cobot industry, which has been recognized by world-renowned customers for its outstanding technical capabilities and product strength, and has led to a number of advance technological innovations, especially in cobot safety measures and AI capabilities. At the same time, the Group adheres to the long-termist mindset and guides its product R&D, and the Group's research and development initiatives are geared towards sustainable growth and enduring impact. Leveraging its interdisciplinary research and development capabilities, the Group has become one of few in the global cobot industry, according to the CIC Report, that have developed proprietary full-stack technologies that cover all the key aspects in the cobot development cycle. In addition, the Group has a comprehensive product matrix catering to a wide array of use cases; More importantly, under the leadership of its experienced management team, the Group continues to expand its market share through the successful commercialization of its global business and customers.Growth StrategiesIn future, the Group pursues the following strategies to further grow the business: (1) continue to advance technology development, including further investing in the research and development of proprietary key components of cobots, investing in the research and development of AI technologies, further improving its motion control algorithms, and building a full-perception technology architecture to expand the perception and interaction capabilities of our cobots and continue to enhance the safety measures in human-robot collaboration to meet the requirements in various use cases; (2) continue to expand the Group’s product offering and ecosystem to maintain its competitive edge in comprehensive product offerings by further upgrading existing products and launching new products; (3) enhance production capabilities and capacity to streamline supply chain management by introducing advanced manufacturing technologies and equipment to the production lines; (4) further fortify the Group’s sales network to expand global reach. The Group plans to establish three overseas subsidiaries in Thailand, Mexico and United Arab Emirates to seize the business opportunities; and (5) selectively pursue strategic collaboration, investment and acquisition opportunities to integrate industry resources that may help the Group acquires new technologies, expand sales channels and tap into new industries where most of potential customers have their designated cobot integrators or suppliers.Mr. Liu Peichao, Founder, Controlling Shareholder, Chairman of the Group’s Board, executive Director and general manager of DOBOT concluded, “We are pleased to witness this significant milestone in the Group’s history.Through the Group’s listing on the Main Board of HKEx, we will tap into the international capital markets. This will not only broaden the Group’s capital and shareholder base, but will also provide us with capital to fund the Group’s expansion plan, which will finally strengthen the Group’s position in the industry and further enhance the Group’s competitive advantages, thereby driving the Group’s long-term development.”"Looking ahead, we are committed to further developing and consolidating the Group’s position in the collaborative robotics industry. The growth rate of the global collaborative robot industry will far exceed the growth rate of the traditional industrial robot industry. It is expected that the popularization of AI technology will further accelerate the adoption of cobots in more use cases. With considerable growth and the Group’s own full-stack technology, we look forward to capturing the global cobot market opportunity to maintain our leading position in the industry and create greater value for the shareholders."For further enquiries, please contact Bright Communications International Limited:Ms. Kung Mobile: (852) 46371627Email: ir@brightcommns.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More

Fosun Bolsters Core Business with Two Key Asset Privatizations

HONG KONG, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - On the evening of 10 December, Fosun Tourism Group (FTG) announced on the Hong Kong Stock Exchange its plan to repurchase shares at a price of HK$7.8 per share. This price represents a 111% premium over the closing price of the day before the last trading day. This privatization will raise FTG’s market value to HK$10.5 billion, and the announcement swiftly captured widespread attention.The market generally perceives this move as part of Fosun’s strategy to focus on its core businesses and consolidate resources to support its core industries with established advantages. In June, Fosun Pharma announced its plan to privatize its biopharmaceutical subsidiary, Shanghai Henlius, through a merger.Within a year, with two key subsidiaries announced for privatization, what strategy is Fosun pursuing? Analysts suggest that “These two subsidiaries are high-quality assets of Fosun, and their privatization reflects Fosun’s commitment to strengthening its focus on core businesses with established advantages. This move also indicates that Fosun has ample cash flow, enabling it to pursue sustainable growth and make flexible adjustments.”Recently, Fosun has been active in its core sectors, such as tourism and pharmaceuticals. The company recently co-organized a biopharmaceutical innovation forum and signed agreements with several high-profile institutions. It also shipped its independently-developed drug, HANQUYOU, to the U.S. and expanded Club Med into the Greater Bay Area. These actions demonstrate Fosun’s intention to focus on its core businesses, building momentum for high-quality growth.Focusing on asset-light operations to create long-term value through a “retreat to advance” strategy in the tourism sectorSince the trading halt of FTG on 27 November, speculation about its privatization has circulated widely in the market. The announcement on 10 December confirmed FTG’s privatization, with investors noting that the privatization is a win-win choice.According to public information, FTG has been a core subsidiary within Fosun’s Happiness business segment since its establishment. In the first half of 2024, it reported a business volume of RMB10.65 billion, with an adjusted EBITDA of RMB2.09 billion and a profit attributable to equity holders of the company of RMB320 million, reflecting a 20% increase compared to the same period in 2023, excluding the one-off gain on disposal of resorts.In recent years, FTG has faced challenges due to global macroeconomic environment, trends in the tourism industry, and the overall performance of the Hong Kong stock market. Since its listing, the company’s share price has not reflected its true value, and trading volumes have been low, limiting its financing capacity. The advantages of being a listed company have not been fully realized, while maintaining its listing status has incurred additional costs. Completing the privatization will not only resolve liquidity issues but also enhance strategic flexibility and focus on long-term sustainable development.As a flagship brand of FTG, Club Med has recently achieved a new breakthrough. On 29 November, Shenzhen, CITIC, and Fosun signed a cooperation framework agreement to launch Club Med at Jinsha Bay in Dapeng New District, a key area for tourism development in Shenzhen. This collaboration is viewed in the tourism industry as a powerful alliance, combining high-quality resources.Club Med Joyview, the product line set to debut in Jinsha Bay, is designed specifically for the Chinese market, focusing on urban short-distance vacations. It has already seen success in locations such as Qiandao Lake in Zhejiang and Heilongtan in Sichuan. Dapeng New District holds high hopes for the project, believing that the establishment of a Club Med resort in Jinsha Bay will “fill a gap in high-end family resorts in Shenzhen and enhance the international profile and tourism appeal of both Shenzhen and Dapeng New District.”Analysts noted that Fosun is increasingly strengthening its asset-light strategy in the tourism sector. By leveraging strong intellectual properties and operational capabilities, Fosun has been accelerating partnerships with local governments and state-owned enterprises to seize promising projects. In addition to launching Club Med in Jinsha Bay, the recent signing of the second phase of the Taicang Alps Resort and the launch of the ULTRAMED Hainan are also prime examples of this asset-light approach.“At first glance, Fosun’s move towards privatization may seem like a ‘retreat’. However, the clear strategic direction and the steady advancement of asset-light projects indicate that the company is actually ‘retreating to advance’. In an uncertain market cycle, this approach maximizes strategic flexibility, allowing a focus on long-term goals and sustainable development.”Strengthening the pharmaceutical sector and embracing integrated innovation with a global perspectiveIn addition to the tourism sector, pharmaceuticals continue to be a key pillar of Fosun’s business profile, with the company making significant strides in this area recently.On 2-3 December, Fosun co-organized the first “Greater Bay Area (GBA) Star” Biopharmaceutical Original Innovation Forum in Shenzhen. Just two weeks prior, it co-organized another forum themed on “Original Innovation” in Shanghai.By co-organizing two high-profile industry forums within a month, Fosun has demonstrated its leadership and influence in the biopharmaceutical field. Fosun also signed strategic cooperation agreements with Fudan University, Shanghai University, the Shanghai Institute of Materia Medica, Chinese Academy of Sciences, and Ruijin Hospital, among others, to jointly promote original innovation.Guo Guangchang, Chairman of Fosun International, said at the forum, “Good innovation must start from demand. In the biopharmaceutical sector, this means putting ‘patients first’. Additionally, innovation should maintain a ‘global perspective’, always embracing an open mindset and adhering to a win-win cooperation.”While driving innovation in the industry, Fosun has also made important breakthroughs in broaden its global market reach. On 29 November, the first batch of HANQUYOU, a trastuzumab biosimilar independently developed and manufactured by Shanghai Henlius, was shipped to the U.S.HANQUYOU is the first China-developed monoclonal antibody biosimilar approved in China, the EU, and the U.S. To date, it has been approved in 50 countries and regions, benefiting over 220,000 HER2-positive breast and gastric cancer patients globally. According to Shanghai Henlius, approximately 6.5 million units of HANQUYOU have been shipped globally since its commercialization in 2020. In 2023 alone, HANQUYOU contributed over RMB2.7 billion in sales revenue.Industry expert believes that successfully entering the U.S. market will significantly enhance the growth trajectory of HANQUYOU and lay a solid foundation for the overseas expansion of Shanghai Henlius’ products. “The reasoning is simple: by breaking into the toughest market, the company gains confidence when approaching other countries and regions.”After more than a decade of development, Shanghai Henlius has built a diversified and robust product pipeline encompassing over 50 molecules, covering areas such as oncology, autoimmune diseases, and ophthalmology. Currently, 6 products have been approved for marketing in China, 3 have been approved for marketing in overseas markets, and 24 indications have received approval, and 4 applications have been accepted by the National Medical Products Administration (NMPA), the U.S. Food and Drug Administration (FDA), and the European Medicines Agency (EMA) in the EU. In addition to HANQUYOU, products such as HANSIZHUANG, HANLIKANG, HANDAYUAN, and HANBEITAI maintain leading positions in their respective markets.Notably, in June, Fosun Pharma announced its plans to privatize its subsidiary, Shanghai Henlius, through a merger. The proposed purchase price is HK$24.6 per share, representing a premium of 36.67% over the closing price on the Hong Kong Stock Exchange on the undisturbed date, and a premium of 52.04% over the average closing price based on the daily closing prices of H Shares as quoted on the Hong Kong Stock Exchange for the 30 trading days immediately prior to and including the undisturbed date. The total cash consideration shall not exceed HK$5.407 billion. Following this announcement, Fosun Pharma’s share price surged significantly.The industry generally views this privatization as a way for Shanghai Henlius to implement its long-term strategy more flexibly, which will help avoid the pressures of market expectations and stock price volatility associated with being publicly listed. This move also allows for a fresh start, enabling the company to explore new development opportunities through asset restructuring and industry adjustments. Once privatized, Shanghai Henlius’ core capabilities and long-term value will be further realized, thereby enhancing Fosun’s competitive edge in the pharmaceutical sector.Strong financial position and ample cash flow recognized by domestic and international institutionsFrom a financial perspective, Fosun’s recent series of strategic moves reflects its solid financial standing and ample cash flow, enabling it to pursue various strategies, including privatization.As of 30 June 2024, the company’s cash, bank balances and term deposits reached RMB109.55 billion, representing an increase of approximately RMB17.1 billion since the end of 2023.Recently, S&P and securities firms such as CITIC, have released reports highly recognizing Fosun’s focus on its core businesses in the household consumption sector, its optimization of asset structure, and its successful U.S. dollar note issuance to broaden its funding channels. Several securities firms have assigned Fosun a “Buy” rating.S&P believes Fosun has adequate liquidity buffer to meet its debt maturities obligation over the next two years and expects Fosun to continue divesting its non-core assets, leading to a steady decline in its debt. Furthermore, as offshore subsidiaries reach maturity, Fosun International’s dividend receipts are expected to enhance significantly. Therefore, S&P maintained a “stable” rating outlook on Fosun International.CITIC Securities noted that since 2020, Fosun has focused on developing strategically core businesses with market leadership while optimizing its asset structure and financial position through the divestment of non-strategy and non-core assets. As the company deepens its global operations, enhances business synergies, and improves its technological innovation capabilities, it is poised to unlock long-term growth potential.Analysts expressed that with strong financial backing, Fosun is continuously enhancing its competitiveness by focusing on its core sectors and exploring new growth opportunities, thereby further releasing its long-term value. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Xeleb Joins Miss Charm as Exclusive Web3 Partner to Revolutionize Voting and Judging with Decentralization ACN Newswire

Xeleb Joins Miss Charm as Exclusive Web3 Partner to Revolutionize Voting and Judging with Decentralization

Xeleb debuts misscharm.io with Miss Charm 2024 on 21 December in Ho Chi Minh, marking the first-ever use of blockchain in a beauty pageant.Contestant-issued MEME coins allow fans to directly support their favorite beauty queens, with a portion of proceeds benefiting charitable causesXeleb plans a Token Generation Event (TGE) in Q1 2025, with listings already secured on global top 5 crypto exchanges.Miss Charm’s contestantsHO CHI MINH CITY, VIETNAM, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - Xeleb, an online voting and judging platform for global talent contests has launched through an exclusive partnership with Miss Charm, an international beauty pageant. From global beauty pageants to song and model contests, Xeleb leverages decentralization and digital assets to reward fan participation and amplify audience interaction.Xeleb has launched with a mission to increase and monetize fan and viewer engagement for these contests. The global audience for talent contests is enormous, as evidenced by the 243 million total engagements for the 2024 Miss Universe live broadcast on Telemundo(1), and the 163 million viewers of the 2024 Eurovision Song Contest(2). Xeleb taps into this unparalleled engagement potential by creating an ecosystem where fans can vote, judge, and earn rewards through a decentralized platform powered by blockchain technology.This year’s edition of the Miss Charm global finals will be held in Ho Chi Minh City, Vietnam on December 21, featuring contestants from 38 countries.Xeleb has developed misscharm.io as the official digital hub for Miss Charm fans. Fans can access two innovative features:Telegram Game Powered by TON: Fans can cast votes and judge contestants, earning rewards in return.Miss Charm MEME Coins: Fans can purchase unique MEME coins issued by contestants, allowing direct support for their favorite beauty queens. A portion of any gains from these coins will benefit charities chosen by the respective contestants.The Miss Charm advisory team includes key players from global franchises such as Miss World, Miss Universe, Elite Models, and Ford Models. They are joined by experts in regulated global crypto platforms and token listing strategies on major exchanges. CEO Paul Vinciano, former owner of Elite Models Vietnam and Miss Vietnam, and his team also operate one of Vietnam’s leading crypto technology development firms.Paul Vinciano, CEO of Xeleb said “Xeleb is set to revolutionize fan and audience engagement in global talent contests through our blockchain-powered, tokenized voting and judging platform. By integrating decentralization and digital assets, we are creating an ecosystem that not only enhances interactivity but also empowers fans to play an active role in the success of their favorite contestants.”Xeleb’s launch is backed by strategic seed investment from tech investor Calvin Cheng, a former Singapore Parliamentarian, and current Honorary Consul of Serbia in Singapore. Calvin was also Head of Elite Models Asia and owned the franchise for Ford Supermodel of the World Singapore, Malaysia and China. He is also currently Chairman & Founder at Paymonade, one of the largest European digital asset on-off ramps, which counts Binance as a major client. He is also the founder of AEUR, one of the world’s largest listed Euro-backed stable coins.In conjunction with this launch, Xeleb is excited to announce the completion of a major funding round led by HashKey Capital. Other prominent investors include Amber Group, MEXC Ventures, Foresight Ventures, and Mirana Ventures. Notably, MEXC Ventures is the investment arm of MEXC Crypto Exchange, Foresight Ventures represents the investment division of Bitget, and Mirana Ventures serves as the investment arm of Bybit.“The team combines both world-class track records in entertainment as well as digital assets. I am honored to invest in Xeleb alongside crypto investment titans like HashKey, Amber, Mirana, Foresight and MEXC,” said Calvin Cheng.Looking ahead, Xeleb plans a Token Generation Event (TGE) in Q1 2025, with listings already secured on global top 5 crypto exchanges.(1) https://tinyurl.com/y94pk5ht (2) https://tinyurl.com/yrn2u8r2 About XelebXeleb (xeleb.io) is a cutting-edge online voting and judging platform designed to revolutionize global talent contests by leveraging blockchain technology. Launched in partnership with Miss Charm on misscharm.io, Xeleb empowers fans to engage more deeply in their favorite contests while earning rewards.Xeleb is backed by an experienced team of industry experts, including veterans from global beauty franchises and regulated crypto platforms. Strategic investments from industry leaders such as HashKey Capital, Amber Group, and Calvin Cheng have further solidified Xeleb's position as a trailblazer in the intersection of entertainment and blockchain.About Miss CharmMiss Charm 2024 is a global-scale beauty pageant, which aims to search for the most exceptional female representatives from different countries all around the world, to appreciate their beauty as well as their cultures and educational backgrounds. The judging criteria for the pageant will involve beauty, physique, intellect as well as the ability to captivate the audience with the appeal.For media inquiries and interview requests, please contact:Lee Ke Wei (Financial PR)(T) 6438-2990(E) kewei@financialpr.com.sg Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Asia Video Industry Association Wraps Up 2024 Harnessing the Power of Advertising to Spur the Industry Forward ACN Newswire

Asia Video Industry Association Wraps Up 2024 Harnessing the Power of Advertising to Spur the Industry Forward

SINGAPORE, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - Between December 4-6, the Asia Video Industry Association (AVIA) closed off 2024 with three days of high-level meetings and conferences, covering Piracy, Policy, the annual OTT Summit alongside the advertising Upfront Showcases from leading streamers and publishers and the Annual General Meeting. The conferences brought together over 300 international and regional industry executives.Piracy Over The Top hosted by General Manager of the Coalition Against Piracy (CAP), Matthew Cheetham on 4thDecember saw a series of lively discussions with BBC Studios, beIN Sports, Meta, Malaysia’s Ministry of Domestic Trade and Cost of Living (MDTCL), NHK (Japan Broadcasting Corporation), Premier League, and TikTok, revolving around content protection, piracy trends, enforcement solutions and exclusive insights into what to expect in 2025. Key takeaways from these discussions highlighted the urgency of deeper collaboration between government, industry and intermediaries to clamp down on bad actors.The annual AVIA Policy Roundtable held behind closed doors and under Chatham House Rules saw a very high number of regulators from all around the region engaged in conversation with industry about the challenges and opportunities both face.The AVIA OTT Summit on 5th December this year turned to the world of advertising highlighting transformative trends and actionable insights for advertisers and media owners across the region. Kicking off the first session, Dhivya T, Lead Analyst – Head of Content & Platform Insights, Media Partners Asia (MPA), emphasized the growing shift to Connected TV (CTV) as traditional TV viewership declines, driven by its personalized, measurable appeal. CTV penetration is surging across APAC, with Japan and Korea expected to reach 80-85% active household penetration, and emerging markets like Thailand and Indonesia exceeding 50%. While user-generated content (UGC) dominates mobile platforms like YouTube and TikTok in Southeast Asia, premium streaming options like SVOD and Freemium retain significant scale. The Premium AVOD market in APAC (excluding China) is forecasted to grow at a 25% CAGR to over USD 8 billion over the next five years, with BVOD and SVOD as key drivers. Dhivya concluded by highlighting the growing opportunities in the Premium AVOD category and the undeniable dominance of YouTube and TikTok in mobile engagement.Raj Parekh, VP & Head of Digital Sales, Mediacorp, emphasized the role of innovative and engaging ad formats in driving user engagement, a sentiment echoed by Kanika Manglik, Vice President-Investment Strategy at GroupM. Speaking on the trends to expect, Jason Barnes, Chief Revenue Officer APAC, PubMatic, highlighted ongoing market consolidation and the evolution of Connected TV (CTV) into a full-funnel solution. Kanika further noted the growing consumer preference for watching content on larger screens, underscoring the shift toward more immersive viewing experiences. Both, Anannya Paliwal, Regional Director - Digital Solutions, Omnicom Media Group Asia Pacific, and Sunil Naryani, President Partnerships & Product Solutions, dentsu APAC noted that the difference in production techniques between UGC and professional content may be narrowing, but the category and nature of content is likely to remain very distinct.AI remains as one of the key trends to expect in 2025 for Jonathan Smith, SVP Product Data & Tech, GroupM and Anson Tan, Country Head – Singapore, Viu. Jonathan emphasized how generative AI is lowering barriers for smaller companies to create impactful advertisements while Anson highlighted the importance of collaboration between brands and agencies. Both Anson and Jonathan encourage advertisers to embrace experimentation and collaboration with media partners. In the other panel, Megan Reichelt, Country Manager, South East Asia, Hong Kong & Taiwan, Integral Ad Science, also foresaw a lot of close collaboration between tech parties and publishers to give confidence to advertisers while Christine Lau, Director of Yield Management, Viu, was confident that shoppable ads and deeper e-commerce integrations is expected to gain traction.James Wildbore, SVP & GM Global Ad Sales, BBC Studios, underscored the importance of maintaining the trust of audiences through BBC Verify. As the industry is evolving with more consumers using smart TV, Jolene Sng, Head of Agency Development, Samsung Ads shared that around half of all smart TV shipments will be within APAC by 2027 and advertisers should understand their consumers to ensure effective ads on various platforms. The preference for large screen viewing experiences and the benefit of getting traditional TV advertising with a modern and cost-effective approach was once again mentioned by James Ross, CEO, Lightning International, and Bhuvnesh Kanwar, Vice President, Revenue and Head of FAST, KC Global Media. The push for standardized audience measurement metrics remains critical in the discussions around addressing the challenges in programmatic and measurements for Erin Williams, Sales Director, APAC, CNN and Yann Courqueux, VP Entertainment, StarHub Ltd.In the closing discussion with AVIA’s CEO, Louis Boswell, on expanding content overseas, Ed Love, Head of Samsung TV Plus ANZ & South East Asia, Samsung Ads, highlighted how FAST (Free Ad-Supported Streaming TV) removes cost barriers, enabling efficient cross-market distribution. Having launched with 20 channels in the Philippines, Singapore and Thailand they are looking to aggressively grow this number and partnerships are key to this. Sharing insights into their plans over the next 12 months, Ed stressed that the focus will be on "local, local, and local", leveraging FAST’s lower market entry barriers to create a compelling linear offering.Running parallel to the OTT Summit, the Upfront Showcase spotlighted cutting-edge content and advertising opportunities from leading streaming and broadcasting publishers BBC Studios, iQIYI, Samsung Ads, StarHub and Viu. Attendees were treated to an exciting half day of insight and innovation.At the Annual General Meeting AVIA were pleased to announce the appointment of two newly elected Board members: Debra Richards, Director – APAC Content, Studio & Production Affairs – ANZ Public Policy, Netflix and Tim Harris, Vice President Transactional Sales and Emerging Media Asia Pacific, Sony Pictures Entertainment. AVIA also wishes to express its thanks to Yoly Crisanto, Chief Sustainability and Corporate Communications Officer, Globe, and Nick O’Donnell, former APAC Head of Public Policy of Netflix, for their contributions during their tenure.Also at the AGM, AVIA paid tribute to Matt McDonald, Senior VP and GM at Sony Pictures Television. He was presented with an award for distinguished service to the Asian video industry after many years of leading initiatives from ensuring channel frequencies were not affected when 5G services were rolled out to helping manage continuity of services throughout the pandemic, and especially in the first wave of lockdowns.Thanks to NBCUniversal and Netflix for their support for the Policy Roundtable. The OTT Summit was proudly sponsored by Gold Sponsors Irdeto, Publica and TV5MONDE; and Silver Sponsors INVIDI, Magnite, PubMatic and ShemarooVisit our media gallery for photos from event.About the Asia Video Industry AssociationThe Asia Video Industry Association (AVIA) is the trade association for the video industry and ecosystem in Asia Pacific. It serves to make the video industry stronger and healthier through promoting the common interests of its members. AVIA is the interlocutor for the industry with governments across the region, leads the fight against video piracy through its Coalition Against Piracy (CAP) and provides insight into the video industry through reports and conferences aimed to support a vibrant video industry.For media enquiries and additional background information, please contact:Charmaine Kwan | Tan Teck Weecharmaine@avia.org | teckwee@avia.org www.avia.org | www.linkedin.com/company/asiavideoia|X: @AsiaVideoIA Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Huatai Securities Hosts FinTech Summit in Hong Kong ACN Newswire

Huatai Securities Hosts FinTech Summit in Hong Kong

HONG KONG, Dec 12, 2024 - (ACN Newswire via SeaPRwire.com) - Huatai Securities recently held its first Financial Technology Summit in Hong Kong, themed "Innovation with Technology, Shaping the Future of Finance". The summit brought together experts from government, academia, and industry to discuss AI trends in finance. Key speakers included Zhou Yi, CEO of Huatai Securities, Guo Yike, Provost of Hong Kong University of Science and Technology, and Tan Dai, President and Head of Volcano Engine, Bytedance.In his keynote speech, Zhou Yi stated: "Through technology, Huatai Securities continues to grow, building a strong tech infrastructure while expanding both its financial service offerings and customer base. In the AI era, we're committed to fostering an open ecosystem, supporting FinTech through capital and resources, while bridging global technology partnerships to drive industry transformation through innovation."Discussing generative AI's impact on financial services, Tan Dai highlighted three key trends: "First, broader scope - moving from internal efficiency improvements to enhanced client experience and service assistance. Second, greater depth - progressing from interactive experience innovation to business transformation, with AI enabling new human-machine collaboration models. Third, increased speed – streamlined AI resource management and intelligent agent development platforms now enable business teams to develop innovative applications as easily as building with blocks."At the summit, Huatai launched the Huatai Star CEO Global Accelerator Program, which targets founders of promising early-stage technology companies and aspiring entrepreneurs, pledging to offer comprehensive entrepreneurship training and investment-financing services through Huatai Securities' full-service platform. The company is strategically embracing the generative AI trend, forming ecosystem partnerships that leverage its financial expertise.At the summit, Huatai Securities presented its HUATECH Exhibition, showcasing cutting-edge solutions in cross-border financial services, AI-powered financial innovation, and ecosystem-building, drawing strong interest from attendees who explored and tested the platforms firsthand. On the exhibition, Huatai unveiled its independently developed Global Trading Platform, which offers comprehensive trading services with microsecond-level transaction speeds.During the roundtable sessions, tech startups from various segments shared their experiences and strategies in product innovation and global expansion. Infrastructure technology companies discussed the impact of large language models on enterprise IT architecture, focusing on key factors such as data and computing resources in the AI era.The summit underscored the Company's technological capabilities and global perspective. The company looks forward to participating in international competition with an open and diverse mindset while gathering international perspectives and advanced experiences to jointly build a diverse and innovative FinTech ecosystem.About Huatai SecuritiesIncorporated in April 1991, Huatai Securities is a leading technology-driven securities group in China, with a highly collaborative business model, a cutting-edge digital platform and an extensive and engaging customer base. It provides comprehensive financial services to individual and institutional clients, including wealth management, investment banking, sales and trading, investment management, etc., with a substantial international presence.For enquiries, please contact:Citigate Dewe RogersonBenny Liu Tel: +86 10 6567 5056 Linda Pui Tel: +852 3103 0118Email: HTSC@citigatedewerogerson.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Hong Kong’s exports set for 4% growth in 2025 ACN Newswire

Hong Kong’s exports set for 4% growth in 2025

HONG KONG, Dec 12, 2024 - (ACN Newswire via SeaPRwire.com) - Hong Kong’s exports will grow by 4% in 2025, according to new figures released today by Hong Kong Trade Development Council (HKTDC) Research. The forecast, which forms part of the HKTDC’s annual Export Outlook, will see Hong Kong’s export levels continue on the upward trajectory maintained throughout 2024.In the last quarter every year, HKTDC Research announces an export forecast for the upcoming year, based on a basket of factors including global, regional and local economic performance.Strong demand in electronics, ASEAN and MainlandAccording to the Export Outlook 2025, electronics enjoyed a 13.5% year-on-year uptick in the first 10 months of the year. Over the coming 12 months, many of the factors that underpinned the sector’s success in 2024 will remain very much in play. Most notably, demand is expected to stay consistently strong among the global business community for AI-enabled systems.Irina Fan, Director of HKTDC Research, said: “Hong Kong’s rise in export levels in 2025 is likely to be continuously led by the electronics sector. At the same time, consumer sales are expected to be bolstered by the launch of a new generation of AI-integrated smartphones, PCs and other digital devices.”Potential US tariffs loomAlthough the underlying trend remains positive, the 2025 Export Outlook also highlighted a number of potential challenges that may impact Hong Kong’s export activity over the 12 months to come.These concerns stem from the well-publicised commitment on the part of President-Elect Donald Trump to impose massive tariff hikes on goods imported to the US from multiple sources, including Mexico, Canada and Mainland China. If this happens, it is widely expected that global trade flows will be adversely affected, while the process of trade diversion will be inevitably accelerated. In any such scenario, Hong Kong could reasonably expect its own export activity to be impacted.In addition to the general assumption among Hong Kong exporters that any knock-on consequences may only be minimal, however, there are also signs that Mainland China’s overall level of trade has not been unduly constricted by previous tariff arrangements. Indeed, even though two-thirds of Mainland Chinese exports to the US have been subject to tariffs since 2018, Mainland China’s global export share has actually risen from 12.7% six years ago to 14.1% in 2023. There is also some belief that President-Elect Trump’s proposed tariff regime actually represents more of an opening bid in a likely round of negotiations than an absolute certainty.Nevertheless, the threat of tariff rises, coupled with concern over growing geopolitical uncertainties elsewhere in the world, both played a part in the more cautious sentiments expressed by Hong Kong exporters as part of the 4Q24 HKTDC Export Confidence Index.This saw a fall in both the Current Performance Index (from 52.6 in 3Q24 to 50.3 in 4Q24) and the Expectation Index (from 51.4 to 50.0).Nicholas Fu, Senior Economist, said: “Exporters are particularly confident of their future prospects with regard to the ASEAN bloc and Mainland China with the respective Market Expectation Sub-Index readings well above 50 -- ASEAN (55.9) and Mainland China (52.7).”Contrasting fortunes for first and second half in 2025One clear indication from the overall level of caution recorded for 4Q24 is that exporters may try to hedge their bets in 2025 by accelerating their shipping schedules to mitigate the possible consequences of additional tariffs later in the year. The likely upshot of this is that activity will be far more intense in the first half of 2025, before decelerating sharply in the latter half.Irina Fan said: “While 2025 may be a year of two halves, characterised by differing levels of activity, we still see overall export growth as likely to be 4% after factoring in the concerns expressed by traders across a range of global economic uncertainties.”ReferencesHong Kong’s Export Outlook 2025: A Year of Two Halves https://research.hktdc.com/en/article/MTg2OTc1MzE0MAHKTDC Export Index 4Q24: Heightened Uncertainties Trigger Exporter Caution https://research.hktdc.com/en/article/MTg2OTc0OTM0MAHKTDC Research website: https://research.hktdc.com/en/Photo download: https://bit.ly/49ACrGDHKTDC Director of Research Irina Fan (left) and Senior Economist Nicholas Fu (right) announced Hong Kong’s Export Outlook 2025 and the HKTDC Export Confidence Index for the fourth quarter of 2024 at a press conference todayHKTDC Director of Research Irina FanHKTDC Senior Economist Nicholas FuMedia enquiriesPlease contact the HKTDC’s Communication and Public Affairs Department:Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
The Payment Cards Group Limited and Black Bear Merchant Services Limited Join Forces to Launch a New Brand ‘AbbyPay’ ACN Newswire

The Payment Cards Group Limited and Black Bear Merchant Services Limited Join Forces to Launch a New Brand ‘AbbyPay’

HONG KONG, Dec 12, 2024 - (ACN Newswire via SeaPRwire.com) - The Payment Cards Group Limited (“PCG”), a cloud-native payment processor and acquirer, and Black Bear Merchant Services Limited (the holding company of BBMSL Limited “BBMSL”) are pleased to announce the signing of a strategic alliance to establish a new brand and group holding company, ABBY Pay&Tech Holdings Limited ("AbbyPay"). Under this new strategic alliance, AbbyPay will leverage PCG's market leading position as an acquirer with principal memberships in all major card schemes including Visa, MasterCard, AMEX, UnionPay, and JCB. The combined group will also leverage strong digital payment technology capabilities from PCG’s A3A, Asia’s first cloud-based payment processing and settlement platform, in servicing BBMSL's strong customer base. This strategic alliance will accelerate PCG’s expansion in market share by covering 50,000 local merchants in Hong Kong and other Asia Pacific regions with multiple brands to meet diverse market demands and empower local merchants through innovative payment technology.From left to right: Mr. Barry Mak, representative of AbbyPay, Mr. Peter Wu, Founder of PCG, Mr. Gerald Yu, Chief Executive Officer of BBMSL, Ms. EsterChow, Chief Financial Officer of BBMSL, and Ms. Beatrice Tai, Co-Founder and Chief Operating Officer of PCG, jointly officiated the signing ceremony.Beatrice Tai, Co-Founder and Chief Operating Officer of PCG, said, "This strategic alliance marks an important milestone for PCG in the field of payment solutions in the Asia-Pacific region. With the technological advantages of our A3A platform, combined with BBMSL's stong market coverage, AbbyPay will provide innovative, seamless payment and settlement solutions for micro merchants, SMEs, and enterprises, rapidly and efficiently tapping into new markets across various industries in the Asia-Pacific region. We look forward to AbbyPay expanding its business footprint and further consolidating the local payment industry, strengthening PCG's leading market position in the payment sector.”Gerald Yu, Chief Executive Officer of BBMSL, said, "This strategic alliance represents PCG's high recognition of BBMSL's years of effort and achievements in the Hong Kong market, reflecting our potential and confidence in working together. Since 2017, BBMSL has held a significant market share in the local SME merchant market and has gained widespread recognition and support in Hong Kong. These advantages will lay a solid foundation for AbbyPay’s development. I look forward to working with AbbyPay to fulfill BBMSL's mission, grow alongside SMEs, and hope this partnership creates even greater achievements."Introducing Asia's first cloud-based payment processing and settlement platform, A3A, in the Asia-Pacific Region to unleash the potential of digital paymentsAbbyPay will offer Asia's first cloud-based payment processing and settlement platform, A3A, across markets in Japan, Singapore, Malaysia, and Thailand. Through a single API, A3A offers direct end-to-end processing with major card schemes (such as Visa, MasterCard, AMEX, JCB, and UnionPay), e-wallet networks, and mobile payment platforms. Comparing to traditional payment processing platforms, A3A boasts competitive advantages such as low integration fee, speedy and easy integration, instant settlement, and real-time transaction data insights.Mr. Barry Mak, representative of AbbyPay, shared AbbyPay's vision.Barry Mak, representative of AbbyPay, said, "We have entered a new era of payment in the Asia Pacific market. AbbyPay is groundbreaking in Hong Kong's payment industry and will disrupt the entire sector, bringing unprecedented opportunities. PCG has strong technological capabilities, while BBMSL has a solid customer base and market recognition in the local market. I firmly believe that AbbyPay has unlimited potential in Hong Kong and the Asia-Pacific region, leading future payment trends while serving and creating value for all types of merchants, from large chain restaurants to SMEs and micro merchants."About Payment Cards Group (“PCG")Payment Cards Group (“PCG”) is an innovative and leading payment technology company with operations in Singapore, Hong Kong and the Asia-Pacific region. Established in 2016, PCG has become an acquirer with principal memberships in all major card schemes and e-wallet networks. Its subsidiary, Yedpay, has firmly established itself as a payment acceptance business in Hong Kong. Meanwhile, A3A, another member of PCG, has developed a cloud-native payment processing platform that operates through RESTful APIs, significantly reducing costs and streamlining complex processes while providing users with real-time transaction data and insights. As an acquiring processor, PCG serves as the backbone infrastructure of the entire payment industry by its Asia’s 1st cloud-based processing and settlement platform. Rooted in Hong Kong with a global vison, PCG seeks to empower merchants with cutting-edge payment technology solutions and drive high-quality development in the global payment ecosystem. For more information, please visit PCG’s website: https://www.yedpay.com/en/For media enquiries, please contact:AJA (IR and Communications)Avy YuEmail: avy.yu@ajacapital.com.hkTel: (852) 9500 4443Eudice LawEmail: eudice.law@ajacapital.com.hkTel: (852) 9326 1113 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
CIL Announces Breakthrough in Benzene Recovery, Addressing Cost, Environmental, and Supply Challenges for OLED Display Manufacturers ACN Newswire

CIL Announces Breakthrough in Benzene Recovery, Addressing Cost, Environmental, and Supply Challenges for OLED Display Manufacturers

TEWKSBURY, MA, Dec 12, 2024 - (ACN Newswire via SeaPRwire.com) - Cambridge Isotope Laboratories, Inc. (CIL) has successfully developed and implemented a game-changing benzene-d6 recovery program, addressing major pain points for manufacturers of organic light-emitting diode (OLED) displays. This innovative service reduces costs, minimizes environmental impact, and conserves scarce deuterium supplies.OLED display producers rely heavily on deuterated benzene (benzene-d6) as a critical starting material in their synthesis processes. However, this results in significant quantities of depleted benzene-d6, which is no longer usable but still retains considerable deuterium value. The disposal of such depleted material poses environmental challenges and substantial expenses.CIL's benzene-recovery program offers a transformative solution. Customers can now return their depleted benzene-d6 to CIL, where it undergoes a proprietary re-enrichment process to restore it to virgin material quality. This service is available at a significant cost savings compared to new benzene-d6, providing significant economic benefits.Beyond the financial advantages, the program has far-reaching environmental and supply implications. It eliminates the need for costly disposal, reduces the demand on increasingly scarce deuterium (derived from heavy water, D2O) and conserves this vital resource for its growing applications in science, medical diagnostics, pharmaceuticals, and semiconductor production.Recycling offers several sustainable benefits. It reduces pollution by releasing fewer chemicals into the environment. Recycling also saves energy, as reprocessing chemicals like benzene requires less energy than producing them from raw materials. This leads to lower greenhouse gas emissions, helping to combat climate change."This initiative underscores CIL's commitment to collaboration and innovation in addressing our customers' most pressing challenges," said Cliff Caldwell, CEO of CIL. "By recovering and re-enriching depleted benzene-d6, we create a circular economy approach that is both economically and environmentally sustainable. As the world's largest supplier of benzene-d6, we are uniquely positioned to deliver this groundbreaking service."CIL's benzene recovery program is the result of 12 months of dedicated development, expansion, and rigorous testing to ensure reliable capacity and uncompromising quality. CIL invites interested parties to inquire about the program's details and how to participate.About Cambridge Isotope Laboratories, Inc.CIL is the world's largest manufacturer and global supplier of stable isotopes and stable isotope-labeled compounds used in research, environmental, pharmaceutical, medical diagnostic, OLED, and industrial markets. CIL subsidiary ABX, located in Dresden, Germany, is active in the development and commercialization of radio isotopic-labeled compounds for the diagnosis and treatment of cancers. CIL is an operating business owned by Otsuka Pharmaceutical. The CIL business consists of two facilities in the Boston, MA, area; a large isotope-enrichment production plant in Xenia, OH; CIL China; CIL Canada; ABX in Dresden, Germany; and Eurisotop in Saclay, France. For more information on CIL, visit isotope.com.Contact InformationCrissy Kriskocrissyk@isotope.com1.978.269.1930SOURCE: Cambridge Isotope Laboratories, Inc. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Loop Industries Completes Convertible Preferred Financing With Reed Societe Generale Group and Sells First Technology License For An Infinite Loop Manufacturing Facility in Europe ACN Newswire

Loop Industries Completes Convertible Preferred Financing With Reed Societe Generale Group and Sells First Technology License For An Infinite Loop Manufacturing Facility in Europe

REED SOCIETE GENERALE GROUP INVESTS €10 MILLION IN LOOP VIA A CONVERTIBLE PREFERRED SECURITY AT A $4.75 CONVERSION PRICE.LOOP COMPLETES ITS INAUGURAL SALE OF AN INFINITE LOOP™ TECHNOLOGY LICENSE, GENERATING AN UPFRONT PAYMENT OF €10 MILLION.FORMATION OF A EUROPEAN PARTNERSHIP TO DEPLOY INFINITE LOOP™ MANUFACTURING TECHNOLOGY.PROCEEDS TO SUPPORT CONSTRUCTION OF THE INFINITE LOOP™ FACILITY IN INDIA AND FINANCE LOOP'S OPERATIONAL CASH REQUIREMENTS.LOOP MANAGEMENT TO HOLD UPDATE CALL AT 8:45 AM ET on December 13, 2024MONTREAL, QUEBEC, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - Loop Industries, Inc. (Nasdaq:LOOP) (the "Company," "Loop," "we," "us," or "our"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and textile-to-textile ("T2T") polyester fiber, has secured €10 million through a convertible preferred security financing with Reed Societe Generale Group, a European investment firm majority-owned by the bank Societe Generale. Additionally, as part of the Reed Societe Generale Group transaction, Loop has finalized the sale of its first Infinite Loop™ technology license, generating an initial €10 million payment, with additional milestone-based payments from Reed Societe Generale Group to follow.The Reed Societe Generale Group transaction marks a pivotal step in Loop's commercialization strategy, enabling the deployment of its patented recycling technology across Europe and supporting capital investment in cost-effective manufacturing regions, including its joint venture in India with strategic partner Ester Industries Ltd. Proceeds from the financing and licensing deal will fund the Indian project and Loop's operational cash flow needs.Key terms of the €10 million convertible preferred security include:13% PIK dividend rate5-year termConvertible to Loop common stock at $4.75 per share or redeemable in cashThe technology license will be granted to a European partnership owned 90% by Reed Societe Generale Group and 10% by Loop, which is being formed to develop Infinite Loop™ manufacturing facilities in Europe. Loop retains the right to increase its equity stake in the European manufacturing facility, as well as potential future facilities, to a maximum of 50% for each facility. The license is to build one Infinite Loop™ manufacturing facility in Europe. Future facilities under this partnership will require the purchase of additional technology licenses from Loop.The license sale underscores the commercial readiness of Loop's technology, validated by four years of successful operations at its Terrebonne facility, which supplies bottle-grade PET resin for consumer packaging and T2T polyester fiber to advance circular fashion for apparel brands. Loop is committed to expanding the reach of its proven solution to the plastic waste global issue by partnering with well-financed, reliable customers through technology licenses and engineering services. This strategy allows Loop to address global demand in regions where it does not plan to build facilities, driving further growth and value creation while focusing Loop's internal resources and capital on direct equity investments.With regulatory approval for Societe Generale's acquisition of a 75% stake in Reed Societe Generale Group finalized, it is positioned to deploy capital into this and other projects. The previous condition precedent to closing relating to government funding is no longer applicable, although Loop expects that such additional financing will be available when the Indian project is approved to begin construction. Funding for both the financing and the initial payment for the technology license is expected within seven business days following the incorporation of the European partnership company.Julien Touati, CEO of Reed Societe Generale Group, commented: "Reducing dependency on virgin plastics is a global challenge. We are proud to support the rollout of Loop's technology in Europe by becoming the majority shareholder of this European partnership. This strategic investment allows us to leverage Loop's unique expertise and strong relationships with world-class brands committed to decarbonizing their supply chains. It fits perfectly with our ambition to actively contribute to the industrialization of Europe's circular economy, significantly reduce pollution, and foster sustainable growth.""The sale of our first technology license is a transformative milestone, proving the scalability and market readiness of our Infinite Loop™ technology," said Daniel Solomita, CEO and Founder of Loop Industries. "Our financing agreement and partnership with Reed Societe Generale Group propels us into a new phase of growth - expanding into Europe with strategic precision while advancing our flagship Infinite Loop™ project in India. These strategic steps align with our long-term investment vision and underscore our commitment to innovation, scalability, and delivering exceptional value for our shareholders. I look forward to working closely with Julien and his team at Reed Societe Generale Group in leading the circular economy in plastic packaging and circular fashion in Europe."Corporate Update CallSenior Management of Loop will host a corporate update call, followed by a question-and-answer session, which can be accessed via the dial-in numbers below.Date: Friday, December 13, 2024Time: 8:45 am Eastern TimeParticipant joining details (by Telephone):United States (Local): +1 404 975 4839United States (Toll-Free): +1 833 470 1428Access Code: 625641ORRegistration Link: https://www.netroadshow.com/events/login?show=2e808989&confId=75536- Avoid wait time - Bypass speaking with an operator to join the call- Receive a Calendar Invitation with call access details including your unique PINAbout Loop IndustriesLoop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop™ branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling our customers to meet their sustainability objectives. Loop™ PET plastic and polyester fiber can be recycled infinitely without degradation of quality, successfully closing the plastic loop. Loop Industries is contributing to the global movement towards a circular economy by reducing plastic waste and recovering waste plastic for a sustainable future.Common shares of the Company are listed on the NASDAQ Global Market under the symbol "LOOP."For more information, please visit www.loopindustries.com. Follow Loop on Twitter: @loopindustries, Instagram: loopindustries, Facebook: Loop Industries and LinkedIn: Loop IndustriesForward-Looking StatementsThis news release contains "forward-looking statements" as defined in the U.S. Private Securities Litigation Reform Act of 1995. Such statements may be preceded by the words "intends," "may," "will," "plans," "expects," "anticipates," "should," "could," "projects," "predicts," "estimates," "aims," "believes," "hopes," "potential" or "continue," the negative of such terms or similar words. These forward-looking statements include, without limitation, statements about Loop's market opportunity, its growth strategies, plans and timelines for completing the €10 million convertible preferred stock financing and technology license sale, plans for use of expected proceeds, ability to improve and expand its capabilities and seek additional financing, and plans for future growth and future operations including expansion in Europe and advancing the joint venture in India. Forward-looking statements are not guarantees of future performance, are based on certain assumptions and are subject to various known and unknown risks and uncertainties, many of which are beyond Loop's control, and cannot be predicted or quantified and consequently, actual results may differ materially from those expressed or implied by such forward-looking statements. Such risks and uncertainties include, without limitation, risks and uncertainties associated with among other things: (i) our ability to commercialize our technology and products, (ii) the status of our relationships with our partners, (iii) development and protection of our intellectual property and products, (iv) industry competition, (v) our need for and ability to obtain additional funding relative to our current and future financial commitments, (vi) our ability to continue as a going concern, (vii) engineering, contracting, and building our manufacturing facilities, (viii) our ability to scale, manufacture, and sell our products in order to generate revenues, (ix) our proposed business model and our ability to execute it, (x) our ability to obtain the necessary approvals or satisfy any closing conditions in respect of any of our proposed partnerships, (xi) our joint venture projects and our ability to recover certain expenditures in connection them, (xii) adverse effects on the Company's business and operations as a result of increased regulatory, media, or financial reporting scrutiny, practices, rumors, or otherwise, (xiii) public health issues, such as disease epidemics, which may lead to reduced access to capital markets, supply chain disruptions, and government-imposed business closures, (xiv) war, regional tensions, and economic or other conflicts that could impact market stability and our business; (xv) the effect of the continuing worldwide macroeconomic uncertainty and its impacts, including inflation, market volatility and fluctuations in foreign currency exchange and interest rates, (xvi) the outcome of any Securities and Exchange Commission ("SEC") investigations or class action litigation filed against us, (xvii) our ability to hire and/or retain qualified employees and consultants, (xviii) other events or circumstances over which we have little or no control, and (xix) other factors discussed in Loop's Annual Report on Form 10-K for the fiscal year ended February 29, 2024 filed with the SEC and in Loop's subsequent filings with the SEC. More detailed information about Loop and the risk factors that may affect the realization of forward-looking statements is set forth in Loop's filings with the SEC. Investors and security holders are urged to read these documents free of charge on the SEC's web site at http://www.sec.gov. Loop assumes no obligation to publicly update or revise its forward-looking statements as a result of new information, future events or otherwise, unless otherwise required by law.For More Information:Investor Relations:Kevin C. O'Dowd, Investor RelationsLoop Industries, Inc.+1 617-755-4602kodowd@loopindustries.comMedia Inquiries:Andrea Kostiuk, VP Marketing & CommunicationsLoop Industries, Inc.+1 (450) 951-8555akostiuk@loopindustries.comSOURCE: Loop Industries Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Accurate Background Appoints Mark Thompson Managing Director, Australia and APAC ACN Newswire

Accurate Background Appoints Mark Thompson Managing Director, Australia and APAC

IRVINE, CA, Dec 13, 2024 - (ACN Newswire via SeaPRwire.com) - Accurate Background, the world's largest independent provider of compliant background checks and monitoring solutions, announced it has strengthened its global leadership team with the appointment of Mark Thompson, Managing Director, Australia and Asia Pacific region (APAC). In support of Accurate's vision to make every hire the start of a success story, Mark will lead Accurate's growth teams in the region. Mark's experience in building high-performance teams, driving enterprise sales and client retention, and leveraging data-driven strategies aligns with Accurate's goals to rapidly expand in the APAC region. Reporting to Dan Shoemaker, Chief Revenue Officer, Mark will spearhead the development and execution of sales strategies to drive market share, client growth, and regional innovation."I am thrilled to welcome Mark to the Accurate team and am confident he will make an immediate impact on our growth in the region," said Dan Shoemaker. "Mark brings extensive experience not only growing businesses but also delivering a high standard of customer experience that is a hallmark of Accurate throughout the world."Mark joins Accurate with over two decades of strategic sales and marketing leadership in B2B markets. With a proven track record in revenue growth, team leadership, and market expansion, Mark successfully led sales and marketing initiatives across industries including background screening, financial services, and data solutions."I'm honored to join Accurate Background at such an exciting time in the region. Employment screening plays a vital role in building trust and ensuring workplace integrity, and I look forward to collaborating with our talented team to deliver exceptional service and innovative solutions to our clients," said Mark Thompson. "With Accurate's strong global foundation, I believe we are uniquely positioned to expand our impact and support government and businesses across the region in navigating an evolving employment landscape."Accurate's recent launch of Accel, a next-generation platform that is 100% Australia-hosted, marks a significant milestone in our commitment to providing market-leading capabilities for local organizations.About Accurate BackgroundOur vision is to make every hire the start of a success story. As a trusted provider of employment background screening and workforce monitoring services, Accurate Background gives companies of all sizes the confidence to make smarter, unbiased hiring decisions at the speed of demand.Experience a new standard of support with a dedicated team, comprehensive technology and insight, and the most extensive coverage and search options to advance your business while keeping your brand and people safe. To learn more, visit accurate.com.Media ContactMedia@Accurate.comSOURCE: Accurate Background LLC Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Volatus Aerospace Welcomes UK-Based Air Data Systems to its Ecosystem, Expanding Global Capabilities ACN Newswire

Volatus Aerospace Welcomes UK-Based Air Data Systems to its Ecosystem, Expanding Global Capabilities

TORONTO, ON, Dec 11, 2024 - (ACN Newswire via SeaPRwire.com) - Volatus Aerospace Inc. (TSXV:FLT)(OTCQX:TAKOF)(FSE:ABBA) is pleased to announce the integration of key assets and capabilities from Air Data Systems (ADS), based in the United Kingdom, marking a strategic expansion of its global aerial solutions ecosystem. This collaborative arrangement strengthens Volatus' position as a leader in aerial intelligence and logistics by opening doors to new opportunities and partnerships in critical industries.ADS specializes in streamlining large-scale and complex surveys and data acquisition projects for industrial applications such as asset management, inspection services, oil & gas, utilities, and environmental services.The transaction, structured with a success-fee model tied to future contract outcomes, aligns the interests of both organizations and highlights the significant potential of this collaboration. As part of this agreement, Volatus has acquired the ADS brand, website, and domain, along with a robust £5 million sales opportunity pipeline.To further enhance this partnership, Mark Currass, former Managing Director of ADS, has joined Volatus Aerospace as Executive Consultant, Global Business Development. With decades of expertise in the UAS sector and a proven track record of delivering results, Mark will spearhead growth initiatives and leverage the combined capabilities of Volatus and ADS to unlock new markets and drive innovation."The integration of Air Data Systems into the Volatus ecosystem represents a powerful joining of forces," said Glen Lynch, CEO of Volatus Aerospace. "Mark's leadership and expertise, combined with the opportunities this partnership brings, will enable us to expand our global reach, strengthen our industry-leading capabilities, and deliver unmatched value to our clients in sectors such as oil and gas, power utilities, public safety, and agriculture."This partnership also reinforces Volatus' extensive capabilities, including expertise in beyond visual line of sight (BVLOS) operations, advanced thermography solutions, and geomatics services. With over 10,000 BVLOS flights completed and an industry-leading operations control center, Volatus continues to set benchmarks for innovation and operational excellence.About Volatus AerospaceVolatus Aerospace is a leader in innovative global aerial solutions for intelligence and cargo. With deep technological and subject matter expertise and over 100 years' worth of combined institutional knowledge in aviation, Volatus provides meaningful aerial solutions for end users across various industries using both piloted and remotely piloted aircraft systems (RPAS or drones). We are committed to enhancing operational efficiency, safety, and sustainability through innovative, real-world aerial solutions.About Air Data SystemsAir Data Systems specializes in innovative Unmanned Aerial System (UAS) solutions, providing expert services across multiple industries. ADS brings decades of experience in technology, engineering, and regulatory compliance, now seamlessly integrated into Volatus Aerospace's global ecosystem.Forward-Looking InformationThis news release contains statements that constitute "forward-looking information" and "forward-looking statements" within the meaning of applicable securities laws, including statements regarding the plans, intentions, beliefs, and current expectations of the Company with respect to future business activities and operating performance. Often, but not always, forward-looking information and forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or statements formed in the future tense or indicating that certain actions, events or results "may", "could", "would", "might" or "will" (or other variations of the foregoing) be taken, occur, be achieved, or come to pass. Forward-looking information includes information regarding: (i) the anticipated benefits of, and estimated revenue to be generated by, the master service agreement; (ii) the business plans and expectations of the Company; and (iii) expectations for other economic, business, and/or competitive factors. Forward-looking information is based on currently available competitive, financial, and economic data and operating plans, strategies, or beliefs of management as of the date of this news release, but involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors may be based on information currently available to the Company, including information obtained from third-party industry analysts and other third-party sources, and are based on management's current expectations or beliefs. Any and all forward-looking information contained in this news release is expressly qualified by this cautionary statement. Investors are cautioned that forward-looking information is not based on historical facts but instead reflects expectations, estimates or projections concerning future results or events based on the opinions, assumptions and estimates of management considered reasonable at the date the statements are made. Forward-looking information and forward-looking statements reflect the Company's current beliefs and is based on information currently available to it and on assumptions it believes to be not unreasonable in light of all of the circumstances. In some instances, material factors or assumptions are discussed in this news release in connection with statements containing forward-looking information. Such material factors and assumptions include, but are not limited to: the anticipated benefits and revenues of the master service agreement to the Company; the commercialization of drone flights beyond visual line of sight and potential benefits to the Company; meeting the continued listing requirements of the TSXV; and including, but not limited to, those factors set forth in the Company's Annual Information Form under the section "Risk Factors". Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results to differ from those anticipated, estimated or intended. The forward-looking information contained herein is made as of the date of this news release and, other than as required by law, the Company disclaims any obligation to update any forward-looking information, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information.Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.TSXV: FLT.VMedia ContactDanielle GagneHead of Marketing and Communicationsdanielle.gagne@volatusaerospace.com+1-579-977-5066SOURCE: Volatus Aerospace Corp. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
BDO announces winners of the 6th BDO ESG Awards 2024 ACN Newswire

BDO announces winners of the 6th BDO ESG Awards 2024

HONG KONG, Dec 11, 2024 - (ACN Newswire via SeaPRwire.com) - BDO, the world’s fifth largest accountancy and advisory network, has announced the winners of the 6th BDO ESG Awards (the Awards). The winning companies have integrated ESG principles and climate change considerations into their business strategies. They have actively emphasised the importance of ESG and promoted its development by implementing influential and long-term sustainable development measures. This year, the Awards received strong support from listed companies, with more than 110 companies participating at the nomination stage, a six-year high. All finalists were invited to attend the awards ceremony to witness the winners honoured. (Click here or view the full list below*)Once again, “Carbon Neutrality” has been selected to be this year’s theme, emphasising the important role that companies play in mitigating climate change and shaping a green future. The Theme Awards are dedicated to recognising listed companies that have demonstrated best practices in “Carbon Neutrality”, including reducing carbon emissions and planning and adopting relevant measures. The companies competing for this year’s Theme Awards were outstanding and evenly matched. A total of three companies won this award, setting a new record.Mr Andrew Lam, Managing Director, BDO, said, “The BDO ESG Awards first launched in 2018 when listed companies began to explore the implementation of ESG initiatives. Today, we are pleased to see that an increasing number of listed companies are recognising the importance of ESG and pursuing long-term ESG development. The Awards have now gained considerable market recognition, and as an advocate of sustainable development, BDO is delighted to see an increasing number of Hong Kong-listed companies paying attention to ESG. Through the judging process, we have observed that the quality of the ESG initiatives implemented by the participating companies has improved and become more forward-looking. As the importance and influence of ESG continues to grow, we hope to work with all kinds of industries through the Awards to improve Hong Kong's green standards and consolidate the city’s position as a green financial centre.”Mr Johnson Kong, Managing Director, BDO, said, “In light of growing social awareness of sustainability and social responsibility, more and more investors and organisations are incorporating ESG factors into their investment decisions and tend to support companies that meet ESG standards. By implementing ESG policies, companies can build a good reputation that will enhance their competitiveness and attract more investors. As a professional in this field, BDO is committed to supporting Hong Kong-listed companies in various areas, such as assisting them in ESG reporting and risk management, and providing them with recommendations to improve ESG performance. We hope the Awards will raise ESG awareness among all stakeholders in society so that more listed and unlisted companies in Hong Kong will prioritise the importance of ESG practices in the future.”Mr Ricky Cheng, Director and Head of Risk Advisory, BDO, said, “This year’s winners come from a variety of industries, and all of the nominated companies have demonstrated outstanding performance in various areas of competition. BDO is proud of the winning companies dedicated to sustainable development, and we are thrilled to support all those who are making strides toward a more environmentally friendly and responsible business landscape through this award and our expertise.”BDO ESG Awards 2024 Winners (listed in alphabetical order) Best in ESG – Large Market CapitalisationBOC Hong Kong (Holdings) Limited (02388.HK)HKT Trust and HKT Limited (06823.HK)Lenovo Group Limited (00992.HK)Best in ESG – Middle Market CapitalisationAAC Technologies Holdings Inc. (02018.HK)Kerry Properties Limited (00683.HK)Xinyi Solar Holdings Limited (00968.HK)Best in ESG – Small Market CapitalisationConcord New Energy Group Limited (00182.HK)Shun Tak Holdings Limited (00242.HK)Yuexiu Services Group Limited (06626.HK)Best in Reporting – Large Market CapitalisationHKT Trust and HKT Limited (06823.HK)Sino Biopharmaceutical Limited (01177.HK)Techtronic Industries Company Limited (00669.HK)Best in Reporting – Middle Market CapitalisationKerry Properties Limited (00683.HK)PCCW Limited (00008.HK)Xinyi Solar Holdings Limited (00968.HK)Best in Reporting – Small Market CapitalisationNew World Department Store China Limited (00825.HK)Xinyi Energy Holdings Limited (03868.HK)Yuexiu Services Group Limited (06626.HK)ESG Report of the Year – Large Market CapitalisationHKT Trust and HKT Limited (06823.HK)ESG Report of the Year – Middle Market CapitalisationKerry Properties Limited (00683.HK)ESG Report of the Year– Small Market CapitalisationYuexiu Services Group Limited (06626.HK)Outstanding ESG Performance of H-Share CompaniesChina Tower Corporation Limited (00788.HK)Shanghai Electric Group Company Limited (02727.HK)ZTE Corporation (00763.HK)Theme AwardsLenovo Group Limited (00992.HK)Yuexiu Property Company Limited (00123.HK)ZTE Corporation (00763.HK)Photo CaptionsBDO representatives and panel of judges attend the BDO ESG Awards 2024Presentation Ceremony.Representatives of the award winners, BDO, and panel of judges pose for agroup photo at the BDO ESG Awards 2024 Presentation Ceremony. Note to editorsAbout BDO Limited BDO's global organisation extends across 166 countries and territories, with more than 115,600 professionals working in over 1,770 offices - and they're all working towards one goal: to provide our clients with exceptional service. BDO was established in Hong Kong in 1981 and is committed to facilitating the growth of businesses by advising the people behind them. BDO Hong Kong provides an extensive range of professional services including assurance services, risk advisory services, specialist advisory services and tax services. For more details, visit www.bdo.com.hk.ContactsSala LoSenior Marketing Manager and Team HeadBDO Hong KongHeidi LauSenior Marketing ManagerBDO Hong Kong Strategic Financial Relations LimitedVicky LeeYoko LiTel +852 2218 3042Mobile +852 9613 5175salalo@bdo.com.hkTel +852 2218 2325Mobile +852 9285 4151heidilau@bdo.com.hkTel +852 2864 4834sprg_bdo@sprg.com.hkTel +852 2864 4813sprg_bdo@sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Everest Medicines Announces the First Prescription of VELSIPITY(R) Issued in Macau ACN Newswire

Everest Medicines Announces the First Prescription of VELSIPITY(R) Issued in Macau

SHANGHAI, Dec 12, 2024 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX 1952.HK, "Everest", or the "Company"), a biopharmaceutical company focused on the discovery, clinical development, manufacturing and commercialization of innovative therapeutics, today announced that the first prescription of VELSIPITY(R) (etrasimod) has been issued on December 11th at Kiang Wu Hospital in Macau. It is also the first prescription issued for VELSIPITY(R) within Everest Medicines' licensed territories in Asia following its approval, marks the official beginning of this new therapy benefiting patients across Asia.VELSIPITY(R) is an innovative advanced therapy that was officially approved by the Pharmaceutical Administration Bureau of Macau in April 2024. It is an oral treatment taken once daily for the treatment of patients aged 16 and above with moderately to severely active ulcerative colitis (UC). UC is a chronic, relapsing, idiopathic inflammatory disease, and with prolonged disease duration, the risk of disability and colorectal cancer incidence continues to rise."As a next-generation S1P receptor modulator, VELSIPITY(R) can provide patients with a chance for corticosteroid-free remission, mucosal healing, and rapid symptom relief." said Prof. Wu Kaichun with the First Affiliated Hospital of AFMU, the principal investigator for etrasimod's Asia clinical trial." The recently announced results of the Asian multicenter Phase III clinical study for induction and maintenance periods further confirm the clinical advantages of VELSIPITY(R). We look forward to VELSIPITY(R) being approved in other regions of Asia soon to benefit more patients.""The first prescription of VELSIPITY(R) in Macau marks another milestone in the commercialization process of Everest Medicines." said Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines." By 2030, the number of patients with UC in China is expected to more than double compared to 2019, reaching approximately 1 million, with a significant unmet need for innovative therapies. Following its approval in Macau this April, VELSIPITY(R), the third commercialized product of Everest Medicines, will bring new treatment options to more patients with moderate to severely active UC. We plan to have VELSIPITY(R) submitted for new drug application in mainland China by the end of this year, further enhancing its accessibility and benefiting more patients."In the results of the multi-center Phase 3 clinical trial of etrasimod in Asia for the treatment of subjects with moderately to severely active UC, which were announced in July this year, etrasimod achieved positive results in both the induction and maintenance phases of treatment, with good safety, and the convenience of once-daily oral administration, further providing a solid scientific basis and support for the broad application of the drug in clinical practice. In October, the complete induction phase data of the study were presented at the 32nd United European Gastroenterology Week (UEGW 2024), showing that all primary and key secondary efficacy endpoints in the etrasimod treatment group achieved statistically significant and clinically meaningful improvements compared to the placebo group at week 12: the treatment differences between the etrasimod group and the placebo group in clinical remission rate, endoscopic improvement rate, and clinical response rate reached 20.4%, 28.6%, and 32.0%, respectively.VELSIPITY(R) was approved in the United States and the European Union in October last year and February this year, respectively. As a core product for Everest Medicines, VELSIPITY(R) was successively approved in Macau and Singapore in the first half of this year. Everest Medicines has also submitted a new drug application for VELSIPITY(R) in Hong Kong, China which has been officially accepted.In October of this year, through the "Hong Kong and Macau Medicine and Equipment Connect" policy, VELSIPITY(R) has officially been approved for patients with moderately to severely active ulcerative colitis (UC) by the Guangdong Provincial Medical Products Administration and can first be used in the First Affiliated Hospital of Sun Yat-sen University, Foshan Fosun Chancheng Hospital, Shenzhen Hospital of Southern Medical University and Guangzhou United Family Healthcare, four of the medical institutions designated by the Connect Policy in the Greater Bay Area. Subsequently, VELSIPITY(R) will be introduced in other qualified hospitals under the connect policy.About VELSIPITY(R) (etrasimod)VELSIPITY(R) is a once-daily, oral, sphingosine 1-phosphate (S1P) receptor modulator that selectively binds with S1P receptor subtypes 1, 4, and 5. Regulatory approvals have been granted in US, EU, Canada, Australia, Singapore, UK, Switzerland, Israel and Macau for VELSIPITY(R) in ulcerative colitis.About Everest MedicinesEverest Medicines is a biopharmaceutical company focused on discovering, developing, manufacturing and commercializing transformative pharmaceutical products and vaccines that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record from both leading global pharmaceutical companies and local Chinese pharmaceutical companies in high-quality discovery, clinical development, regulatory affairs, CMC, business development and operations. Everest Medicines has built a portfolio of potentially global first-in-class or best-in-class molecules in the company's core therapeutic areas of renal diseases, infectious diseases and autoimmune disorders. For more information, please visit its website at www.everestmedicines.com.Forward-Looking Statements:This news release may make statements that constitute forward-looking statements, including descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the business operations and financial condition of the Company, which can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, or other factors, some of which are beyond the control of the Company and are unforeseeable. Therefore, the actual results may differ from those in the forward-looking statements as a result of various factors and assumptions, such as future changes and developments in our business, competitive environment, political, economic, legal and social conditions. The Company or any of its affiliates, directors, officers, advisors or representatives has no obligation and does not undertake to revise forward-looking statements to reflect new information, future events or circumstances after the date of this news release, except as required by law. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
ASEAN Ceramics & ASEAN Stone Exhibition 2024 Officially Opens in Ho Chi Minh City ACN Newswire

ASEAN Ceramics & ASEAN Stone Exhibition 2024 Officially Opens in Ho Chi Minh City

Ho Chi Minh City, Vietnam – December 12, 2024 - (ACN Newswire via SeaPRwire.com) - The much-anticipated ASEAN Ceramics & ASEAN Stone Exhibition 2024 officially has opened its doors yesterday, marking the start of a three-day showcase of the latest innovations, technologies, and trends in the ceramics and stone industries. Hosted at the Saigon Exhibition and Convention Center (SECC), this event has brought together exhibitors, professionals, and thought leaders from across the ASEAN region and beyond.This year’s exhibition marks a significant milestone with the debut edition of the ASEAN Stone Exhibition, which seamlessly integrates with the well-established ASEAN Ceramics platform. Together, the two exhibitions provide a comprehensive look at the synergy of the ceramics and stone industries, fostering collaboration and innovation across the entire value chain.The opening ceremony, held yesterday morning, was a grand celebration featuring distinguished speakers, international delegations, and honoured guests. The ceremony began with the welcoming and registration of VIP guests and press, setting a tone of excitement for the day ahead. Following this, a warm welcome address was delivered by the organizers, including Mr. Michael Wilton, Chief Executive Officer and Managing Director of MMI Asia Pte Ltd, and Mr. Dinh Quang Huy, Chairman of the Vietnam Building Ceramic Association (VIBCA).The event continued with opening remarks by Mr. Nguyen Van Sinh, Deputy Minister of Construction, Ministry of Construction of Vietnam, highlighting the importance of the ceramics and stone industries to the country’s and region's development. Several esteemed representatives from the ASEAN region then shared their perspectives. Mr. Pham Tuan Khanh, Vice Chairman of the Saigon Construction & Building Material Association (SACA), and Dr. Sirithan Jiemsirilers, President of the Thai Ceramics Society (TCS), extended their welcome addresses, reflecting on regional collaboration. Additionally, a special welcome video presentation from ASAKI Indonesia, a member of the Ceramics Industry Club of ASEAN (CICA), emphasized the unity of the ASEAN ceramics community.The ASEAN Ceramics & ASEAN Stone Appreciation Awards was a highlight of the ceremony, with trophies awarded to honour the contribution of key associations, sponsors, and major exhibitors. The recipients included exhibitors such as Minnovation Group, Puresil India, Gilfair Hong Kong Company Limited, MMA Bentonite, TQT, VITIS, Shandong Victor, Monte-Bianco, and Tianjin Trend. Additionally, associations such as VIBCA, VABM, VIBM, CCPIT, ACIMAC, Confindustria Marmomacchine, TCS, Cambodia Stone Quarries Association and SACA were recognized for their consistent support and contributions. Finally, the ceremony closes with a symbolic ribbon-cutting, followed by a group photo and guided VIP tours of the exhibition halls, officially inaugurating this landmark event.Speaking at the event, Mr. Michael Wilton expressed his excitement for the exhibition, stating, “The debut of ASEAN Stone is a testament to the increasing demand for solutions in the stone industry. This new platform complements ASEAN Ceramics by highlighting the shared technologies, overlapping supply chains, and synergies that unite these two sectors.”With over 300 companies and brands and over 5000 trade visitors expected, ASEAN Ceramics & ASEAN Stone 2024 showcases products of the finest quality, sustainable practices, and state-of-the-art machinery. The event promises to offer unparalleled opportunities for networking, knowledge sharing, and business growth amongst the international ceramics and stone markets.The organizers warmly invite the public to explore the exhibition and participate in various workshops, panel discussions, and live demonstrations happening throughout the event. This is a unique chance to experience the best of what the ceramics and stone industries have to offer, all under one roof.The exhibition is open from December 11 to 13, 2024, at the Saigon Exhibition and Convention Center (SECC). Admission is free for registered attendees.For more information, visit the official website of ASEAN Ceramics & ASEAN Stone Exhibition 2024 at aseanceramics.comAbout Messe Muenchen GmbHMesse Muenchen GmbH is one of the world's leading trade fair organizers with more than 50 trade fairs for capital goods, consumer goods, and new technologies. Every year, Messe Muenchen organizes more than 200 events in Munich, Germany, and abroad, attracting over 30,000 exhibitors and 2 million visitors. The company's mission is to create innovative, sustainable, and profitable platforms for its customers to do business and connect with their target markets.About MMI Asia Pte LtdMMI Asia is a full subsidiary of Messe München GMBH (MMG) established in 1992 and one of the world largest and leading exhibition organizers. MMI Asia was set up as the regional headquarter and a wholly-owned subsidiary of MMG to promote global trade expansion by facilitating participation of Asian exhibitors in Messe München fairs worldwide. MMI Asia also provides consultancy in professional trade fair and conference management to government bodies, international trade and promotion organizations, and trade associations.About Vietnam Building Ceramic Association (VIBCA)Vietnam Building Ceramic Association is a professional organization, non-governmental, voluntary, established under Decision No. 41/1999 / QD - BTCCBCP dated 04-10-1999 of the Minister, Head of the Organizing Committee Government personnel. Currently VIBCA includes around 100 members are enterprises of different economic sectors, operating mainly in the field of building ceramics, including the associate members are research institutions, investment consulting, manufacturing and mechanical engineering. VIBCA is a member of the Association of Asean Ceramics Industry CICA and intimate relationship with the Association Ceramics of countries in Asean and in the world.Contact:MMI Asia Pte. Ltd.Valerie Fang – 65 9498 5538Marketing Executivevalerie.fang@mmiasia.com.sgVietnam Building Ceramic AssociationMs Vu Thi Kim Dung - 84 915114000Chief of Foreign Affairsvibcaoffice@gmail.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More

Everest Medicines: Accelerating Innovation in Renal Disease to Forge a Path Toward Biopharma Leadership

HONG KONG, Dec 11, 2024 - (ACN Newswire via SeaPRwire.com) – As reported by the South China Morning Post today, Everest Medicines (HKEX 1952.HK) is accelerating its journey to become a leading biopharmaceutical company in the Asia-Pacific region, driven by robust R&D capabilities and exceptional commercialization expertise.Breakthroughs in Renal Disease Innovation with EVER001On December 4, Everest Medicines announced positive results in preliminary analysis of Phase 1b/2a clinical trial of EVER001, its next-generation, globally owned covalent reversible Bruton’s Tyrosine Kinase (BTK) inhibitor. The trial focuses on primary membranous nephropathy (pMN), a common pathological type of nephrotic syndrome in adults with significant unmet medical needs. The prevalence of pMN in China has been increasing, making it the second most common cause of nephrotic syndrome after IgA nephropathy (IgAN). Currently, there are approximately 2 million patients with pMN in China, 80,000 to 100,000 in the United States, 80,000 in Europe, and 40,000 in Japan,with incidence rates rising in recent years, reflecting its growing global disease burden.Unlike traditional covalent irreversible BTK inhibitors, EVER001 employs a novel covalent reversible mechanism that combines strong target binding with excellent selectivity, significantly reducing off-target toxicity. Positive results in preliminary analysis revealed promising outcomes, with over 90% reductions in anti-PLA2R antibodies and substantial improvements in proteinuria. Additionally, patients in the low-dose cohort who have completed 36 weeks of treatment, 81.8% achieved overall clinical remission, and 91% achieved immunological complete remission. In the high dose cohort, 85.7% patients achieved overall clinical remission and all patients achieved immunological complete remission by week 24. With no currently approved treatments for pMN, EVER001 represents a potentially best-in-class therapeutic candidate. These results highlight EVER001’s potential to deliver best-in-class efficacy and safety, making it a promising treatment not only for pMN but also for a range of other autoimmune glomerular diseases, including lupus nephritis (LN), IgAN, Minimal Change Disease (MCD), and focal segmental glomerulosclerosis (FSGS).With broad indication potential, rising disease prevalence, and Everest Medicines’ global rights, EVER001 represents a high-value asset in a “Blue Ocean” area with significant commercial potential. Kidney disease therapeutics have become a hotspot for innovation and investment in recent years, attracting major multinational pharmaceutical companies. For example, Vertex Pharmaceuticals acquired Alpine Immune Sciences this April for $4.9 billion to access its kidney autoimmune disease therapies. Similarly, Novartis acquired Chinook Therapeutics in June 2023 for $3.5 billion, gaining access to two late-stage treatments for rare, severe chronic kidney diseases.Driving Commercial Success with a Dual-Engine StrategyEverest Medicines continues to strengthen its leadership in nephrology with NEFECON(R), the first FDA-approved treatment for IgAN and the first etiological therapy for IgAN in China. Its inclusion in the 2024 National Reimbursement Drug List (NRDL) marks a significant milestone, enhancing patient accessibility and driving market penetration starting January 1, 2025. Since its commercial launch in May 2024, NEFECON(R) has generated RMB167 million in sales within its first month. The product is also approved in Macau, Hong Kong, Taiwan, South Korea, and Singapore, further cementing Everest’s expertise in nephrology.Everest’s diversified portfolio also includes XERAVA(R) and VELSIPITY(R). XERAVA(R), a novel broad-spectrum antibiotic, demonstrated an overall effectiveness rate of 90.9% after three days of treatment in the "Comprehensive Evaluation Project on the Clinical Application of Eravacycline", contributing RMB134 million in revenue in H1 2024. VELSIPITY(R), approved under the "Hong Kong and Macau Medicine and Equipment Connect" policy, is now available in three designated medical institutions within the Greater Bay Area. It has also received approvals in Macau and Singapore, with an NDA accepted in Hong Kong and plans for an NDA submission in Mainland China by year-end.Everest is accelerating innovation through its proprietary mRNA platform, a cornerstone of its long-term R&D strategy. In August 2024, Everest launched an Investigator-Initiated Clinical Trial for EVM16, a personalized mRNA cancer vaccine, at Peking University Cancer Hospital and Fudan University Cancer Hospital. The company is also advancing mRNA-based in vivo CAR-T programs for cancer and autoimmune diseases, expanding its pipeline’s potential.As of now, Everest Medicines reached a 52-week high of HKD 49.7, closing at HKD 47.85. Since announcing its mid-year results, the stock price has more than doubled, reflecting strong investor confidence. With its dual-engine strategy, Everest has positioned itself as a rising leader in the global biopharmaceutical industry, focusing on unmet medical needs, particularly in renal diseases, and breakthrough therapies like EVER001. Supported by strong financial momentum and a clear vision, Everest is poised for sustainable growth and lasting value for patients and shareholders. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
VisiRose Introduces Revolutionary Therapy for Severe Eye Infections ACN Newswire

VisiRose Introduces Revolutionary Therapy for Severe Eye Infections

KNOXVILLE, Tenn., Dec 10, 2024 - (ACN Newswire via SeaPRwire.com) - VisiRose, a clinical-stage biotechnology company, is introducing Rose Bengal Photodynamic Antimicrobial Therapy (RB PDAT), a groundbreaking, non-invasive investigational treatment for infectious keratitis and other serious eye infections developed by the University of Miami Miller School of Medicine's Bascom Palmer Eye Institute (BPEI). VisiRose, a newly launched company of Provectus Biopharmaceuticals (OTCQB:PVCT) and the University, is focused on commercializing this innovative ocular research by combining a formulation of Provectus's pharmaceutical-grade bioactive synthetic small molecule Rose Bengal Sodium (RBS) and BPEI's light-based medical device to treat eye infections caused by bacteria, fungi, and parasites.RB PDAT offers a potential solution to the growing global problem of antimicrobial resistance (AMR), providing a broad-spectrum ocular therapy that may be safe, effective, and cost-efficient. The treatment has shown rapid infection resolution and improved patient outcomes in clinical trials across the U.S., India, Brazil, and Mexico."RB PDAT is a revolutionary, non-invasive treatment showing remarkable promise for patients with severe infectious keratitis. This innovative therapy harnesses the power of light to combat infection and offers new hope for preserving vision," said Jean-Marie Parel, IngETS-G, Ph.D., FAIMBE, FARVO, Director and co-founder of the Ophthalmic Biophysics Center at BPEI.Guillermo Amescua, M.D., Professor of Clinical Ophthalmology, Medical Director of the Ocular Microbiology Laboratory, and a board-certified ophthalmologist at BPEI added, "VisiRose is crucial for translating the innovation of RB PDAT from the laboratory to a widely accessible treatment, ultimately benefiting countless patients worldwide.""VisiRose is the bridge that connects innovation with impact. It enables us to bring the hope of RB PDAT to patients who desperately need it, transforming lives and shaping the future of eye care," said Ed Pershing, Chairman of the Board of Directors of VisiRose and Provectus.Dominic Rodrigues, Acting CEO of VisiRose added, "RB PDAT offers a beacon of hope for patients facing the threat of vision loss from infectious keratitis. This innovative therapy, with its targeted action and dual benefits, represents a significant advancement in eye care, paving the way for a brighter future for those struggling with this challenging condition."In more than 500 patients, RB PDAT has shown promising results in treating severe eye infections where traditional therapies have failed. VisiRose is poised to address a significant gap in the $60 billion global ophthalmic market, focusing on regions and populations impacted by rising AMR and the lack of access to effective treatments.About VisiRoseVisiRose is a newly launched, clinical-stage biotechnology company of the University of Miami and Provectus Biopharmaceuticals, focused on commercializing the Miller School of Medicine's Bascom Palmer Eye Institute and its Ophthalmic Biophysics Center's innovative ocular research using Provectus's bioactive synthetic small molecule Rose Bengal Sodium (RBS). For more information, please visit: https://visirose.com.About Bascom Palmer Eye InstituteThe Bascom Palmer Eye Institute, part of the University of Miami Health System, is consistently ranked #1 in ophthalmology in the U.S. by U.S. News & World Report. Known for its cutting-edge research and clinical excellence, Bascom Palmer provides world-class care across all ophthalmic subspecialties and is at the forefront of developing innovative treatments for eye diseases. With a commitment to advancing both patient care and medical research, it is recognized globally as a leader in ophthalmology. For more information, please visit: https://umiamihealth.org/en/bascom-palmer-eye-institute.About Provectus BiopharmaceuticalsProvectus Biopharmaceuticals (OTCQB: PVCT) is a clinical-stage biotechnology company developing immunotherapy medicines for different diseases that are based on a class of bioactive synthetic small molecules called halogenated xanthenes. The Company's lead molecule is named Rose Bengal Sodium. Provectus's drug platform includes:Clinical development programs in oncology, dermatology, and ophthalmology,In vivo proof-of-concept programs in oncology, hematology, full-thickness cutaneous wound healing, and canine cancers, andIn vitro discovery programs in infectious diseases, tissue regeneration and repair, and several proprietary targets.Information about the Company's clinical trials can be found at the National Institutes of Health (NIH) registry, www.clinicaltrials.gov. For more information, please visit: www.provectusbio.com.For Media Inquiries:VisiRose, Inc.E: contact@visirose.comW: visirose.comContact:VisiRose, Inc.Dominic RodriguesActing Chief Executive OfficerE: rodrigues@visirose.comSOURCE: VisiRose Copyright 2024 ACN Newswire via SeaPRwire.com.
More
FxPro Group Announces the Launch of BankPro: A Private Digital Banking Solution ACN Newswire

FxPro Group Announces the Launch of BankPro: A Private Digital Banking Solution

Nassau, the Bahamas , Dec 11, 2024 - (ACN Newswire via SeaPRwire.com) - FxPro Group, a global leader in financial services and trading, has launched BankPro, a cutting-edge Private Digital Bank designed to redefine digital financial solutions for individuals and corporations. BankPro combines private banking services with advanced investment and trading capabilities, offering clients a seamless, all-in-one application tailored to their financial needs.The launch of BankPro underscores FxPro Group's commitment to innovation and excellence, leveraging its 25 years of expertise and $120 million in Tier 1 company capital to introduce a next-generation digital banking solution. BankPro is regulated by the Central Bank of The Bahamas and operates with the highest standards of security and compliance.Key Features of BankPro:Multi-Currency AccountsBankPro provides access to over 24 currencies, enabling effortless international transactions at competitive exchange rates. Clients can manage their finances globally with a single account designed for both personal and corporate use.Visa Platinum CardsClients can access exclusive Visa Platinum cards, offering customizable spending limits, global acceptance, and enhanced security. Additionally, instant virtual cards provide a secure and efficient solution for online transactions, making BankPro a versatile option for all financial activities.Global Banking with Flat FeesBankPro simplifies international banking with flat-fee structures, ensuring transparent and predictable costs. This approach is particularly advantageous for high-value transactions, providing clarity and value for clients engaged in global business and personal finance.Comprehensive Investment and Trading PlatformBankPro integrates investment and trading capabilities, allowing clients to manage and grow their portfolios within the same platform. Key features include:Investing in over 2,100 Stocks and ETFs: Clients gain access to major exchanges, including NYSE, Nasdaq, LSE, XETRA, and Euronext.Real-Time Market Data: Active subscriptions include free live pricing from Nasdaq and LSE.Through FxPro Global Markets Ltd., clients can also trade over 200 Derivatives across Forex, Commodities, Metals, Indices, Stocks, and ETFs, enabling portfolio diversification and risk management.Corporate Banking SolutionsBankPro offers tailored services for businesses, including multi-currency accounts, streamlined expense management tools, and advanced treasury management solutions. Corporate clients benefit from high-spending Visa Platinum cards, detailed reporting tools, and access to flexible investment options.A Strong Foundation in the BahamasBankPro operates from its state-of-the-art headquarters in Lyford Cay, Nassau. The facility reflects the company's commitment to The Bahamas as a central hub for its operations. The company also has an office in the City of London, UK.As a fully regulated entity, BankPro prioritizes security and reliability, holding a professional membership with the Association of International Banks and Trust Companies.The company's regulatory foundation ensures robust protection for clients, complemented by advanced digital onboarding tools and fraud prevention measures. These features, combined with the FxPro Group's legacy of excellence, make BankPro a trusted partner for financial services.About FxPro GroupWith 25 years of experience, the FxPro Group is a global leader in financial services, offering trading solutions across Forex, Commodities, and more. With a presence in over 170 countries and $200+ million invested in elite sponsorships, FxPro has earned over 120 industry awards for its innovative technology and reliable services.The launch of BankPro marks the Group's expansion into digital private banking, combining its expertise in trading with cutting-edge financial solutions designed for the modern client. To know more please contact +1 242 603 2226.Media ContactBrand: BankPro LimitedContact: Media teamWebsite: https://www.bankpro.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Photon Academy Unveils Solutions for Singapore’s Growing Need for Evolving IB Tuition ACN Newswire

Photon Academy Unveils Solutions for Singapore’s Growing Need for Evolving IB Tuition

SINGAPORE, Dec 11, 2024 - (ACN Newswire via SeaPRwire.com) - Photon Academy is proud to announce the launch of their leading solutions for Singapore's growing need for evolving IB tuition. As the IB curriculum gains traction in Singapore, Photon Academy (https://ibtuition.sg/) is strategically positioned to meet the rising demand for specialised, high-quality tuition, especially in challenging subjects like Theory of Knowledge (TOK) and Economics.The International Baccalaureate (IB) curriculum has seen a surge in popularity across Singapore, with more schools now offering this respected program. For parents, the globally recognised IB program is more than an academic path; it's a gateway to prestigious universities worldwide. However, this growth has highlighted significant gaps in quality IB tuition. Traditional tuition centres often lack the certified expertise required to meet the IB's unique demands, particularly in complex and specialised subjects like Theory of Knowledge (TOK) and IB Economics.Photon Academy, founded by Mr. Ejaz, was established to bridge this gap, providing a comprehensive suite of IB tutoring services tailored to the unique demands of the curriculum. Unlike generic tuition centres, Photon Academy maintains high standards through a rigorous tutor selection process, focusing exclusively on the IB curriculum to provide Singaporean IB students with specialised, results-driven support across all subjects.Photon Academy's journey began with Mr. Ejaz's successful personal brand as an IB Math tutor and IB Physics tutor. Over the years, his consistent track record of helping students achieve top scores made him one of Singapore's most sought-after IB tutors, earning him strong word-of-mouth referrals. As demand grew, families began seeking similar quality support across a wider range of IB subjects.To meet this need, Mr. Ejaz transformed his solo practice into Photon Academy, a full-service IB tuition centre dedicated to all core and niche IB subjects. This expansion was not only a response to demand but a strategic move to maintain quality by building a team of certified IB tutors across all subjects. Photon Academy now serves as a trusted, specialised academic partner for IB students, addressing diverse needs with the same dedication that built Mr. Ejaz's personal brand.Selective admission and tailored learning pathsPhoton Academy's commitment to excellence extends beyond hiring practices to the students it admits. As IB is a challenging curriculum that demands dedication, Photon Academy selectively admits students who demonstrate a drive to succeed and whose parents are committed to supporting their children's academic journey. This approach is not meant to be exclusive but to ensure that both students and families align with the academy's standards for commitment and focus.Photon Academy also offers a trial lesson paired with an initial consultation with parents. During this session, tutors assess the student's current proficiency, evaluate their attitude toward the programme, and provide valuable guidance on subject selection, such as determining which Math level is most suitable for the student's abilities and goals. This comprehensive evaluation establishes a good fit for both sides, setting a strong foundation for personalised, results-driven learning. Photon Academy's tailored approach ensures that students receive support aligned with their specific school's IB teaching methods and academic challenges.Unique offerings for niche and core IB subjectsMany IB students often face unique challenges in subjects like Theory of Knowledge (TOK) and IB Economics, which require advanced critical thinking and analytical skills. Photon Academy addresses these needs by offering structured, insightful tutoring designed to help students excel in complex areas. For example, in TOK - a subject focused on exploring and analysing the nature of knowledge itself - Photon Academy's certified tutors guide students through essay writing and presentations, ensuring they build the skills essential for achieving high scores.Similarly, IB Economics at Photon Academy goes beyond the basics, focusing on critical analysis, economic theories, and real-world application. Tutors familiar with IB-specific exam styles offer tailored resources and strategies, enabling students to master complex economic frameworks and tackle challenging IB exam questions with confidence.Photon Academy stays fully immersed in the IB's evolving curriculum, adapting its instruction as the program undergoes periodic updates - especially in areas like sciences. Supported by an extensive library of IB-specific resources, the academy equips students with the tools needed to master challenging topics and excel in their assessments. This agility allows Photon Academy to maintain the high standards of instruction required for IB's rigorous demands.Looking ahead, Photon Academy plans to introduce a bridging course aimed at preparing students transitioning into the IB program. This initiative addresses foundational gaps early on, enabling students to build the skills they need before fully diving into the IB curriculum. Through these measures, Photon Academy remains committed to evolving with the IB system, continuously expanding its support to meet the diverse needs of Singapore's growing IB student community.Photon Academy has evolved into a trusted educational partner for Singapore's IB students and their families. With a rigorous approach to quality, a selective admission process, and a dedication to staying updated with IB changes, Photon Academy provides specialised tutoring focused on helping students succeed in the demanding IB curriculum.For parents seeking an IB tuition centre that not only understands the evolving curriculum but also offers tailored, high-quality instruction, Photon Academy presents a compelling choice. Interested families are encouraged to schedule a trial lesson and consultation to experience firsthand how Photon Academy can support their child's IB journey. Positioned to support Singapore's growing IB community, Photon Academy remains dedicated to helping students achieve excellence, preparing them not only for exams but for a successful future. For more, please call Phone: +65 97124269.Media ContactBrand: Photon AcademyContact: Media TeamWebsite: https://ibtuition.sg/ Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Intelligent Joy Limited Signs Strategic Cooperation MOU with First U.S. Capital Group ACN Newswire

Intelligent Joy Limited Signs Strategic Cooperation MOU with First U.S. Capital Group

HONG KONG, Dec 11, 2024 - (ACN Newswire via SeaPRwire.com) - Intelligent Group Limited (NASDAQ: INTJ) announces today that its wholly owned subsidiary Intelligent Joy Limited ('Intelligent Joy,' the 'Company') has entered into a non-binding Memorandum of Understanding ('MOU') with First U.S. Capital Group Limited ('First U.S. Capital'). Under the terms of the MOU, both parties have agreed to collaborate extensively in their respective areas of expertise to enhance their industry presence and foster the integration and development of their capabilities.This collaboration marks a significant step in deepening the relationship between Intelligent Joy and First U.S. Capital in the areas of financial public relations, investment consulting, and cross-border business development. Under the agreement, Intelligent Joy will leverage its expertise in financial public relations and media outreach to support First U.S. Capital's brand awareness and client expansion across the Asia-Pacific region. At the same time, First U.S. Capital will provide tailored investment consulting and capital market strategies to Intelligent Joy's potential clients. The partnership will focus on expanding brand visibility and business growth in Hong Kong, Mainland China, and the U.S. markets.Future OutlookLooking ahead, the cooperation between Intelligent Joy and First U.S. Capital holds great potential. Intelligent Joy will utilize its market resources in Hong Kong and Mainland China to provide strategic support for First U.S. Capital's business expansion in the Asia-Pacific region. Meanwhile, First U.S. Capital, with its strong expertise in international investments and financial consulting, will help Intelligent Joy extend its global client base, particularly in areas such as capital raising, market positioning, and risk management.Both parties will also explore joint opportunities in cross-border investment and capital markets, aiming to promote collaboration in Hong Kong, Mainland China, and the U.S. markets. The cooperation will focus on the integration of information technology and financial services, with the goal of introducing innovative financial solutions. As the global economic and financial landscape evolves, this partnership will offer both companies greater flexibility in strategic choices and contribute to long-term sustainable growth.The MOU is set to take effect immediately upon signing and will remain valid for an initial term of three years, subject to modification or extension based on the needs of both parties.Forward-Looking StatementsThis press release contains forward-looking statements that are based on the management's current expectations, estimates, and assumptions about future economic conditions, industry performance, company operations, and financial results. These statements are not guarantees of future events or performance and involve a number of risks and uncertainties. Actual results could differ materially from those anticipated in the forward-looking statements due to factors such as changes in economic conditions, market trends, industry developments, and operational factors. There can be no assurance that the expected events or outcomes will occur as anticipated.About Intelligent Group LimitedIntelligent Group Limited has been deeply rooted in Hong Kong for many years and successfully listed on the NASDAQ in March 2024. As the first public relations group in Hong Kong to focus on producing financial content, Intelligent Group Limited is committed to providing high-value public relations services to the financial sector, helping listed companies enhance their brand influence through precise 'data+content' driven communications. Through close collaboration with over 100 securities firms and more than 150 financial analysts, the company has focused on driving financial institutions, investors, and businesses with efficient content-driven public relations services. Intelligent Joy operates in Hong Kong, Guangzhou, and Shenzhen, providing top-tier communications services to leading companies in the Hong Kong and U.S. stock markets.About First U.S. Capital Group LimitedFounded in 1989 and headquartered in Santa Ana, California, First U.S. Capital Group Limited is a global leader in international title insurance and commercial information services. First U.S. Capital provides a wide range of financial consulting, investment strategies, and title insurance services to global corporate and individual clients. Its services are widely used in real estate transactions, capital market operations, and business management.For more information, please visit Intelligent Joy's website: www.intelligentjoy.com.For enquiry, please contact Intelligent Joy Limited: Rosanne Ren Phone: (86) 136 8956 6828Email: rosanne.ren@intelligentjoy.com Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Eastern River Pty Ltd Forecasts Strong Growth in the Global Corporate Bond Market in 2024, with Australian Bonds Also Showing Resilience ACN Newswire

Eastern River Pty Ltd Forecasts Strong Growth in the Global Corporate Bond Market in 2024, with Australian Bonds Also Showing Resilience

CANBERA, AUSTRALIA, Dec 9, 2024 - (ACN Newswire via SeaPRwire.com) - Eastern River Pty Ltd, a leading bond specialist, reports that the global corporate bond market has experienced a remarkable surge in 2024, driven by strong international demand for stable, income-generating assets. While the Australian corporate bond market has also seen impressive growth, it is the international market that has truly captured investor attention this year. Robust issuance, driven by favourable borrowing conditions, heightened appetite for yield, and increasing interest in sustainability-linked bonds, has made 2024 a standout year for the global bond market, according to insights from Eastern River.Rising Global Corporate Bond Demand: A Key Focus for Eastern RiverEastern River has closely tracked the rise of global corporate bonds as an asset class in 2024. Corporate bonds have become a central focus for institutional investors seeking stable returns amid slower global economic growth and geopolitical uncertainties. With central banks, such as the U.S. Federal Reserve and the European Central Bank, moderating their rate-hiking cycles, the backdrop for bond issuance has become more favourable, leading to a surge in investor interest.Eastern River notes that corporate bonds-offering yields significantly higher than sovereign bonds-have become particularly attractive to institutional investors, including pension funds, asset managers, and insurance companies. These investors are broadening their portfolios to include corporate bonds, capitalising on diverse credit opportunities across a range of sectors and regions. The performance of global corporate bonds has been especially strong in emerging markets, as well as in developed economies, as institutional investors seek to enhance yield prospects.Australian Corporate Bonds Maintain Strong Demand: Insights from Eastern RiverWhile international bonds have been the primary focus in 2024, Eastern River has also been closely monitoring the performance of Australian corporate bonds. The Australian market continues to show resilience, benefiting from global trends and favourable domestic conditions. With the Reserve Bank of Australia (RBA) maintaining a steady monetary policy throughout 2024, the country's borrowing environment has remained stable, encouraging local corporations to issue bonds at favourable terms.According to Eastern River's analysis, Australian corporations have capitalised on these favourable conditions, leading to increased bond issuance in sectors such as energy, telecommunications, and financial services. Australia has become an attractive destination for global investors, particularly those seeking exposure to well-rated credits outside their home markets. Eastern River's research indicates that Australian bonds continue to offer security and reliable returns, making them appealing to international investors looking to diversify their portfolios.ESG and Sustainability-Linked Bonds: A Major Trend Identified by Eastern RiverOne of the key trends Eastern River has identified in 2024 is the continued rise of environmental, social, and governance (ESG) and sustainability-linked bonds in both the Australian and global corporate bond markets. ESG-focused bonds are now a major component of the investment landscape, driven by growing investor demand for responsible, ethical investments.On a global scale, Eastern River has reported that the green bond market has seen record levels of issuance, as corporations align their financing with international climate and sustainability goals. In Australia, ESG bonds have been particularly prominent in sectors such as infrastructure, energy, and financial services. Eastern River has observed businesses raising capital for renewable energy projects, sustainable transport systems, and carbon reduction initiatives, all of which are attracting increasing interest from global investors.The rising global appetite for ESG bonds has created new opportunities for investors, enabling them to achieve competitive returns while supporting sustainable development. Eastern River believes that this trend will continue to accelerate in the years to come, and the firm remains committed to tracking ESG developments in both the Australian and international bond markets.Insights from Eastern RiverCraig Thompson, Head Analyst at Eastern River, shared his insights on the current state of the global corporate bond market:"2024 has been a year of strong performance for corporate bonds, particularly in the international market. At Eastern River, we've observed that despite ongoing economic challenges, the fixed-income market continues to attract investors seeking stable returns. With central banks moderating their tightening cycles, corporate bonds have emerged as a key asset class for balancing risk and return."He added, "The rise of ESG and sustainability-linked bonds is a defining feature of this year's market. Corporations are responding to the growing demand for responsible finance by issuing green and social bonds at unprecedented levels. Eastern River anticipates that this trend will continue, and ESG bonds will play an increasingly important role in the bond market in the years to come."Looking Ahead: Eastern River's Forecast for 2025As 2024 comes to a close, Eastern River forecasts continued growth for the corporate bond market in both Australia and globally. A combination of favourable economic conditions, strong investor demand, and a heightened focus on sustainability will likely drive further expansion. With international bonds in particularly high demand, global investors are increasingly looking beyond their home markets to take advantage of enhanced yield opportunities and diversified risk profiles.Looking forward, Eastern River believes that sustainability-linked bonds will remain a critical component of the corporate bond market. As both Australian and global corporations continue to issue ESG bonds, the market is expected to evolve with a stronger emphasis on long-term environmental and social goals. Eastern River will continue to closely monitor these developments and provide investors with insights to navigate the evolving bond market landscape.Contact DetailsEastern River Pty LtdMrs. Sally Peters (Public Relations Officer)media@easternriver.comSOURCE: Eastern River Pty Ltd Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Q2 Metals Drills 188.6 M Grading 1.56% Li2O, including 26 Metres of 2.03% Li2O, at the Cisco Lithium Property, James Bay, Quebec, Canada ACN Newswire

Q2 Metals Drills 188.6 M Grading 1.56% Li2O, including 26 Metres of 2.03% Li2O, at the Cisco Lithium Property, James Bay, Quebec, Canada

Highlights:Two (2) additional drill holes from the summer drill campaign with strong analytical results are reported herein. Highlights include:CS-24-022: Three wide intervals containing:55.8 m at 1.60% Li2O;52.3 m at 1.78% Li2O, including 21 m at 2.46% Li2O; and47.2 m at 1.55% Li2O.CS-24-023: Widest interval of 188.6 m at 1.56% Li2O, including 26.0 m at 2.03% Li2O.Vancouver, BC, Dec 9, 2024 - (ACN Newswire via SeaPRwire.com) - Q2 Metals Corp. (TSX.V:QTWO)(OTCQB:QUEXF)(FSE:458) ("Q2" or the "Company") is pleased to report further assay results from the 2024 drill campaign at the Cisco Lithium Property (the "Property" or the "Cisco Property") located within the greater Nemaska traditional territory of the Eeyou Istchee James Bay region of Quebec, Canada. All drill holes intersected pegmatite with visual indications of spodumene mineralization identified."The results of drill hole 23 successfully confirmed the continuity of spodumene mineralization over the 850-metre strike length and, combined with drill hole 22, which underscores the down-dip continuity between holes 13, 17, 18 and 22, reinforces our confidence in the scale of Cisco, " said Neil McCallum, Q2 Metals Vice President of Exploration." Significantly more upside potential exists, and we plan to continue growing the already very large system to both the south and the east in our upcoming winter exploration program."A total of 6,359.7 metres ("m") was drilled over 17 drill holes during the 2024 drill campaign at the Cisco Property. Analytic results for drill hole CS-24-020 remain to be reported.The analytical results reported herein represent 1,188.1 m of drilling over two (2) holes during the 2024 drill campaign. Complete highlighted intervals from drill holes CS-24-022 and 023 are summarized in Table 1 and represented in Figure 1 and 2.Drill hole CS-24-022 was collared 200 m behind and on the same line as drill hole CS-24-018 to test the continuity of the mineralized system to the southeast. Drill hole CS-24-018 was the first hole with analytic results that confirmed the large, mineralized zone to the south with a 215.6 m interval grading 1.69% Li 2 O, including 64.6 m at 2.29% Li 2 O.A total of 10 individual spodumene pegmatite intervals were encountered in drill hole CS24-022 with:Seven (7) intervals greater than 10 m wide, andFour (4) of those intervals greater than 40 m wide.Drill hole CS-24-022 successfully confirmed the continuity of the mineralized system to the southeast with three separate intervals grading at or over 1.55% Li 2 O (see Figure 2).Figure 1. Map of Recent Drill Holes with Analytical Results at Cisco PropertyDrill hole CS-24-023 was collared in the same location as drill hole CS24-020 to test the continuity of the main large continuous pegmatite zone encountered in drill holes CS-24-010, 018 and 021 to the south.Drill hole CS-24-023 encountered 12 individual spodumene pegmatite intervals with:Six (6) intervals greater than 10 m wide, andThe widest individual interval measured 188.6 m and averaged 1.56% Li 2 O, including 26.0 m averaging 2.03% Li 2 O.Drill hole CS-24-023 confirmed that the main large continuous pegmatite system continues to the south.Figure 2. Cross Section B (looking northeast)Table 1. Summary of Analytical Results of Drill Holes CS24-022 and CS24-023 at Cisco PropertyAll intervals of greater than 2 m of core-length are included in Table 1. Internal dilution of non-pegmatite material was limited to intervals of less than 5 m. No specific grade cap or lower cut-offs were used during grade and width calculations. All intervals are reported as core widths and mineralized intervals in all the holes drilled thus far are not representative of the true width as the modelled pegmatite zones are being refined with every additional hole. Drill hole collar information has been previously reported for each drill hole reported herein and is also available at: https://www.q2metals.com/property/cisco-lithium-property/.Due to the Quality Assurance/Quality Control ("QA/QC") protocols in place by both Q2 and the analytical laboratory (SGS Canada), drill hole CS-24-020 was re-submitted for testing. Results will be reported when received and reviewed by Q2.Upcoming 2025 Events:AME Roundup Core ShackQ2 is pleased to have been selected as a participant in the core shack at the upcoming AME annual Roundup conference being held in Vancouver, BC from January 20 - 23, 2025. Vice President of Exploration, Neil McCallum, as well as senior project geologists will be on hand with core from the 2024 drill campaign at the Cisco Property. Mr. McCallum will also be presenting at the AME Critical and Base Metals Speaker Session on Tuesday January 21, 2025.For more information on AME Roundup, please click here.PDAC Core ShackQ2 has also been selected to exhibit core from the Cisco Property at the 2025 Prospectors & Developers Association of Canada event ("PDAC 2025") in Toronto, ON, in addition to participating in the Investors Exchange from March 2 - 5, 2025. More details will be provided as the event approaches.For more information on PDAC 2025, please click here.About the Cisco PropertyThe Cisco Property is comprised of 767 claims, totaling 39,389 hectares ("ha"). The Cisco Property transects the Billy Diamond Highway, and the main mineralized zone is located only 6.5 kilometres ("km") away from the highway. The Cisco Property is approximately 150 km north of Matagami, a small town that contains the closest rail link to much of James Bay; and is within the greater Nemaska traditional territory of the Eeyou Istchee Territory, James Bay, Quebec.The Cisco Property is situated along the Frotet Evans Greenstone Belt, comprised of a volcanic package dominated by mafic to felsic metavolcanic rocks, of the southern James Bay Lithium District, the same belt that hosts the Sirmac and Moblan lithium deposits, located 130 km and 180 km away, respectively.Qualified PersonNeil McCallum, B.Sc., P.Geol, is a registered permit holder with the Ordre des Géologues du Québec and Qualified Person as defined by NI 43-101 ("QP") and has reviewed and approved the technical information in this news release. Mr. McCallum is a director and VP Exploration for Q2.Sampling, Analytical Methods and QA/QC ProtocolsA QA/QC protocol following industry best practices was incorporated into the sampling program. Measures include the systematic insertion of quartz blanks and certified reference materials (CRMs) into sample batches at a rate of approximately 5% each. Additionally, analysis of pulp-split and reject-split duplicates was completed to assess analytical precision. The QP has verified the QA/QC results of the analytical work.Drill core was saw-cut with half-core sent for geochemical analysis and half-core remaining in the box for reference. The same side of the core was sampled to maintain representativeness. All drill core samples were shipped to SGS Canada's preparation facility in Val D'Or, Quebec, for standard sample preparation (code PRP92) which includes drying at 105°C, crushing to 90% passing 2 mm, riffle split 500 g, and pulverize 85% passing 75 microns. The pulps are then shipped by air to SGS Canada's laboratory in Burnaby, BC, where the samples are homogenized and subsequently analyzed for multi-element (including Li and Ta) using sodium peroxide fusion with ICP-AES/MS finish (code GE_ICM91A50). The Li grade presented herein was reported by SGS Canada as lithium oxide (Li 2 O).About Q2 Metals CorpQ2 is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its 100-per-cent-owned Mia Lithium Property and the Cisco Property.The Cisco Property is located approximately 150 km north of Matagami, Que., and comprises 767 mineral claims and is 39,389 ha in size. The Cisco Property has district-scale potential with an already identified mineralized zone and discovery drill results that include:120.3 metres at 1.72% Li 2 O (hole CS-24-010);215.6 metres at 1.69% Li 2 O (hole CS-24-018); and347.1 metres at 1.35% Li 2 O (hole CS-24-021)Since May 2024, Q2 has drilled a total of 6,359.7 m over 17 holes. All drill holes intercepted pegmatite with visual indications of spodumene mineralization identified.FOR FURTHER INFORMATION, PLEASE CONTACT:Alicia Milne Jason McBridePresident & CEO Corporate CommunicationsAlicia@Q2metals.com Jason@Q2metals.comTelephone: 1 (800) 482-7560E-mail: info@Q2metals.comWWW.Q2Metals.comFollow the Company: Twitter, LinkedIn, Facebook, and InstagramForward-Looking StatementsThis news release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: "believes", "expects", "anticipates", "intends", "estimates", "plans", "may", "should", "would", "will", "potential", "scheduled" or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, any statements or plans regard the geological prospects of the Company's properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions.Forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause actual results to differ materially from those anticipated in such forward-looking statements. The forward-looking statements in this news release speak only as of the date of this news release or as of the date specified in such statement. Forward looking statements in this news release include, but are not limited to, drilling results on the Cisco Property and inferences made therefrom, the potential scale of the Cisco Property, the focus of the Company's current and future exploration and drill programs, the scale, scope and location of future exploration and drilling activities, the Company's expectations in connection with the projects and exploration programs being met, the Company's objectives, goals or future plans, statements, exploration results, potential mineralization, the estimation of mineral resources, exploration and mine development plans, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, variations in ore grade or recovery rates, changes in project parameters as plans continue to be refined, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled "Risk Factors" in the Company's Management Discussion and Analysis for its recently completed fiscal period, which is available under Company's SEDAR profile at www.sedarplus.ca.Should one or more of these risks or uncertainties materialize, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, believed, estimated or expected. Although the Company has attempted to identify important risks, uncertainties and factors which could cause actual results to differ materially, there may be others that cause results not to be as anticipated, estimated or intended. The Company does not intend, and does not assume any obligation, to update this forward-looking information except as otherwise required by applicable law.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.SOURCE: Q2 Metals Corp. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
THE TRIFECTA FUNHOUSE Brings Orchard Road Alive with a Free New Year’s Eve Celebration! ACN Newswire

THE TRIFECTA FUNHOUSE Brings Orchard Road Alive with a Free New Year’s Eve Celebration!

Registration Opens December 5th—Limited release of 1,000 tickets for one night of free food, free interactive games, and free beats from DJs redefining the sound collide!SINGAPORE, Dec 10, 2024 - (ACN Newswire via SeaPRwire.com) - This New Year’s Eve, TRIFECTA, the world’s first Surf-Snow-Skate and lifestyle destination on Orchard Road, will host a showstopping New Year's Eve celebration THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party. This vibrant carnival-themed event offers entry to a night of free carnival treats redeemable with dining coupons, entertainment and games. With an exceptional musical line-up, dynamic roving performances, and a limited release of just 1,000 tickets, pre-registration is a must to guarantee your spot.Known for breaking the mold, TRIFECTA champions local and regional emerging talent, and established artists pushing the boundaries of music, art, and culture. This New Year’s countdown party, with its vibrant carnival theme, is a perfect showcase of TRIFECTA’s commitment to the spirit of creative expression. TRIFECTA’s New Year’s Countdown: A Carnival of Sound Celebrating Asia’s Boldest Musical TalentAs Singapore’s leading champion of creative music and with a legacy of hosting iconic music events like TRIFECTA Backyard Sessions and the TRIFECTA Music Festival, the countdown party will be a celebration of bold creativity and the vibrant energy of Asia’s independent musical innovators.In a spectacular fusion of carnival fun and cutting-edge sound, TRIFECTA’ Snow Arena will transform into the heart of the night’s musical experience. This electrifying zone will double as the DJ booth, where an exceptional lineup of Singaporean and regional artists will bring the beats to life, creating an atmosphere that pushes the boundaries of sound and artistic freedom.THE TRIFECTA FUNHOUSE musical headlining acts are:WILD PEARLBorn from a collective desire to experience music live, loud, and with friends, Wild Pearl is a dynamic duo composed of Andy and Chris, who are on a mission to bring music-centric experiences to Singapore's crowds. Their performances are deeply rooted in community, sustainability, and wellness, with a focus on connecting global audiences through events and collaborations. This event will feature co-founder Chris Shearmon, and their Radio Producer Leland, who will both deliver an hour’s set.STRANGEWEATHERFueled by a deep respect for heritage and an eagerness to push sonic boundaries, Strange Weather is a Singapore-based collective with a mission to unite like-minded individuals across Southeast and East Asia. Their sound navigates between heavy percussion, post-punk, and eclectic electronica driven by hypnotic rhythms. A’alely, a core founding member of the collective, will represent the crew.HYPERFOCUSGenre-fluid and effortlessly cool, Dan blends aggressive percussion with rhythms from Latin club beats, hard drums, and techno, creating a high-energy performance that brings forth his concept of “the New Masculine.” Alongside Z, Dan has redefined Singapore’s underground rave scene with a fiercely DIY ethos. Hyperfocus is now a cultural movement, hosting international icons like LU2K, DJ G2G, and Bulma, while championing regional stars such as Tikkoii and 918.Kiss.Jackpot. The duo’s vision continues to energize and inspire, creating a magnetic hub for raw creativity and unfiltered energy.BUSSY TEMPLE (Howrøng & METAMOKSHA)Known for their unapologetically avant-garde soundscapes, howrøng crafts a sonic experience that oscillates between ritualistic percussion, break-noise, and industrial club. As co-founder of the collective Bussy Temple,’ howrøng brings moments to life, spanning techno, experimental deconstructed club, and more. Known for performances at underground techno events in Singapore and South East Asia, they have also opened for international heavyweights like Tommy Four Seven and Dana Montana.Co-founder Metamoksha is an organizer, artist, and DJ for Bussy Temple and the DJ collective 3NiTi.Metamoksha's sets are nothing short of heartfelt odysseys and sweet agonies - taking us through the throes of bad romances, forehead kisses and sleepless nights. Intense yet intimate, unyieldingly raw, and evocative yet tender.A driving force in Southeast Asia’s underground scene, Metamoksha has played across notable underground clubs and collectives around the region, including Arcan Anniversary in Ho Chi Minh, Red Room in Yangon Myanmar, Non Non Non in Bangkok, Under9 in Kuala Lumpur, and leading Singapore collectives like Endless Return and Midnight Shift.rEmPiT g0dDe$$Victoria Yam is a prominent figure in Southeast Asia’s underground scene, deftly navigating between two experimental projects: VIKTORIA and rEmPiT g0dDe$$. Known for her forays into industrial club music, she has performed at major festivals like Maho Rasop Festival (Bangkok) and Final (Taipei). Her performances have taken her across Asia, Canada, and Europe, including the Boiler Room for Maho Rasop, the Oram Awards in London, and Venus Fest in Toronto.PRONTAXANA fusion of Funkot and regional sounds from Yogyakarta, PRONTAXAN disrupts conventional party norms by curating mixes of electronic music, dangdut, campursari, and Archipelago sounds. Known for using YouTube and MP3 controllers to remix their sets, PRONTAXAN is a trailblazer in Funkot, creating an eclectic vibe that bridges cultures and social classes through infectious beats. PRONTAXAN’s unique sound resonates with audiences across Southeast Asia, shaking up the boundaries of electronic dance music.TRIFECTA Transforms Its Snow, Surf and Skate Arenas for an Unforgettable Carnival FiestaFor THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party, TRIFECTA is transforming every inch of its Snow, Surf, and Skate Arenas into immersive carnival-themed zones, each brimming with interactive activities and entertainment for all to enjoy.Snow Arena: Free Costume Rentals & Face PaintingStep into a whimsical winter wonderland as TRIFECTA's Snow Arena is transformed into a magical carnival experience. Guests can immerse themselves in the fun with free on-site costume rentals, from shimmering mermaid tails to swashbuckling pirate attire, all while enjoying creative face painting to bring their carnival spirit to life. Surf Arena: Classic Carnival Games & Interactive FunThe Surf Arena is taking you on a nostalgic journey with a modern carnival twist. Guests can dive into classic carnival-style games such as the Ultimate Puncher and the Basketball Twin Arcade Machine, while interactive photo booths offer fun, memorable snapshots of the night. Whether you're testing your strength or capturing fun moments, this zone is filled with playful competition and surprises at every turn.Skate Arena: Fire Spinners, Breath Takers & Roller DiscoTRIFECTA’s Skate Arena becomes the stage for thrilling fire performances as fire spinners and breathers light up the night with their dazzling, hypnotic displays. The carnival atmosphere intensifies with their rhythmic, fiery artistry, sending sparks through the crowd in awe-inspiring fashion. The Skate Arena also hosts roving contortionists, unicyclists, and stilt walkers, creating a truly larger-than-life experience as they twist, spin, and glide through the festivities.TRIFECTA’s iconic roller skate bowl transforms into a carnival-inspired Roller Disco! Guests can glide to upbeat music under dazzling lights, filling the night with vibrant energy, fun, and a splash of retro nostalgia. It’s all about freedom, movement, and skating to the beat in a truly electrifying carnival atmosphere!Rooftop Deck: Mirror Men, Magicians & Acrobatic PerformancesThe transformation continues on the Roof, where guests can witness mind-bending performances by Mirror Man, whose shifting reflections blur the line between illusion and reality. Magicians will conjure the impossible right before your eyes, and acrobats will defy gravity with breathtaking feats of strength and precision, all adding to the carnival thrill. Additionally, Leviwand Performers will enchant the crowd with their fluid movements, making this corner of the Funhouse an awe-inspiring experience for all who visit.Fringe Activities: Circus-Themed Fun Around Every CornerThroughout the event, TRIFECTA's carnival-themed experiences continue to surprise and delight. Guests can experience magical face and jewel makeup artistry to complete their festive look. For those seeking a mystical touch, tarot card readings by skilled psychics offer an enthralling glimpse into the future, adding an air of mystery to the night.TRIFECTA Funhouse Branded Photo BoothCapture your carnival memories with TRIFECTA Funhouse's branded photobooth. Whether you're posing with friends or getting into character with your costume, this enclosed photo booth provides the perfect spot for creating fun, lasting memories throughout the night.Complimentary Carnival Fare in the Surf ArenaRegistered ticketholders can indulge in a delightful array of complimentary bite-sized carnival-inspired dishes at the Funhouse, served within the vibrant Surf Arena. Available on a first-come, first-served basis, the tantalizing menu includes:Flying Tacos – Savour the bold flavours of chicken, beef, or cauliflower tacos, served with crispy nachos for a satisfying, vibrant bite.Flip N Dip Pancakes & Ice Cream – Indulge in fluffy pancakes topped with creamy ice cream – sweet, decadent, and perfectly paired.Dogs for Days – Elevate your classic hot dog with kimchi, cheese, and char siew for a delicious twist on a carnival favourite.Fisherman’s Friends – Enjoy crispy fish and chips with a modern touch, bringing a fresh, delicious take on a classic favourite.The Mad Pig – Bite into juicy German pork belly, roasted to perfection for a mouthwatering experience.Sweet Tooth – Relish nostalgic carnival treats like fluffy candy floss and freshly popped popcornWhile carnival treats can be enjoyed for free with redeemable coupons,and until supplies last, guests can enjoy a variety of beverages throughout the evening. William Grant & Sons proudly serves as the official spirits partner, and guests can also explore a selection of beers and premium spirits catered by Yeastside — the only paid component of the event. Registration for The TRIFECTA Funhouse Opens 5th DecemberEntry to THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party is entirely free, with complimentary access to all activities, games, and dining coupons for carnival treats, while supplies last. Alcoholic beverages will be available for purchase and are restricted to guests aged 18 and above.With limited capacity and high demand, pre-registration is essential to guarantee your entry. Join us at The TRIFECTA Funhouse, where creativity takes centre stage, and the New Year begins with bold expression and unrestrained creativity. Registration details can be accessed HERE.THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party Snapshot:Date: 31st DecemberTime: Entry from 5pm — 3am Location: TRIFECTA, 10A Exeter Road, Singapore 239958Nearest MRT: Somerset MRT, Exit AAdmission: All pre-registered guests enjoy free access to the party, games, and activitiesFood: Dining coupons for bite-sized food portions will be available to all registered guests throughout the evening while supplies last—early arrivals highly encouraged Alcohol: Alcoholic beverages available for purchase (18+ only).Capacity: 1,000 guests (pre-registration required)Carnival Chic: Carnival-inspired dress code is encouraged. Prizes will be awarded for the boldest, most imaginative look.THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party is a ONE Countdown 2025 event. As part of SG60, ONE Countdown 2025 celebrations will bring everyone together to usher in the new year, with celebrations across the island. Find out more about ONE Countdown 2025 at: https://go.gov.sg/onecountdown2025.Note to Editors:- High-resolution images of musical acts, F&B booths and key visuals can be accessed HERE.- Access complete line-up of THE TRIFECTA FUNHOUSE: A New Year’s Countdown Party musical talent, activities, F&B booths and more, visit:https://funhouse.trifectasingapore.com/ About TRIFECTAOpened on 28 October 2023 by Singapore adventure sports company, The Ride Side, TRIFECTA is Asia's first surf-snow-skate destination, offering surfing, snowboarding, skiing and skating all in one place, in one day in the heart of Singapore. Bringing mountains and waves to the tropics, TRIFECTA is a space for self-expression and aims to build a new culture of youthful collaboration, bringing like-minded boardsports enthusiasts and lifestyle experience seekers together.For TRIFECTA FUNHOUSE New Year’s Countdown media interviews, press enquiries and event passes, please contact:Wani Diwarkarwani@prbespoke.com +65 9832 0643Paulene Lynchpaulene@prbespoke.com +65 9057 4101Saloni Rishirajsaloni@prbespoke.com +65 8344 4482 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Kincora Announces Shareholder Meeting Results ACN Newswire

Kincora Announces Shareholder Meeting Results

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - December 9, 2024) - Kincora Copper Limited (TSXV: KCC) (the "Company", "Kincora") is pleased to announce the results of voting at its Annual General and Special Meeting ("AGM" or the "Meeting") on December 9th, 2024 at 4pm PST held by hybrid meeting with webcast from Vancouver, Canada.All matters submitted to shareholders for approval as set out in the Company's Notice of Meeting and Information Circular, dated November 8th, 2024, were approved by the requisite majority of votes cast at the Meeting with 23.53% of shareholder proxies returned.Details of the resolutions are provided below as well as an update that was presented to shareholders at the Meeting.This announcement has been authorised for release by the Board of Kincora Copper Limited.By order of the Board of Directors:Cameron McRae, Chairmanenquiries@kincoracopper.com or +1 604 283 1722Kincora Copper Limited (ARBN 645 457 763)Executive office CanadaSubsidiary office Australia 400 - 837 West Hastings StreetVista AustraliaVancouver, BC V6C 3N6, CanadaLevel 4, 100 Albert RoadTel: 1.604.283.1722South Melbourne, Victoria 3205Fax: 1.888.241.5996Tel: +613 9692 7222 Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.AGM detailsAudited Annual Report Shareholders received and considered the Financial Statements for the financial year ended December 31, 2023 and the report of the auditor thereon.Number of Directors | 99.89% ForShareholders approved retaining the number of directors at five (5).Election of Directors Shareholders voted in favour of Kincora's management's nominees to the board of directors: Jonathan (Sam) Spring (99.87% For), John Holliday (99.87% For), Luke Murray (99.81% For), Cameron McRae (91.71% For) and Jeremy Robinson (99.85% For).Auditor Appointed | 100.00% ForManning Elliot LLP was appointed Auditor of the Company to hold office until the next AGM or until its successor is duly appointed, and the directors were authorized to fix the Auditor's remuneration.Approval of Issue of Tranche 2 Placement Shares | 98.83% ForShareholders passed an ordinary resolution to ratify the issuance prior placement shares as described in the Information Circular.Approval of Issuance Placement Option | 98.75% ForShareholders passed an ordinary resolution to ratify the issuance of placement options relating to prior placement shares as described in the Information Circular.Ratification of Prior Issuance of Placement Shares | 99.58% ForShareholders passed an ordinary resolution to ratify the issuance prior placement shares as described in the Information Circular.Share Capacity | 99.50% ForShareholders passed a special resolution re-approving the capacity to issuance up to an additional 10% capital over a 12 month period pursuant to ASX Listing Rule 7.1A as described in the Information Circular.Equity Incentive Plan (EIP) | 99.74% ForShareholders passed an ordinary resolution re-approving of the existing EIP as amended as described in the Information Circular.Shares for Services Agreement | 90.76% ForShareholders passed an ordinary resolution re-approving of the existing shares for services agreements as described in the Information Circular.Ratification of Prior Issuance of Options pursuit to EIP | 90.84% ForShareholders passed an ordinary resolution to ratify the issuance prior options pursuit to the existing EIP as described in the Information Circular.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/233137 Copyright 2024 ACN Newswire via SeaPRwire.com.
More
China Medical System: First Prescriptions for Innovative Drug Lumeblue(R) Issued in China ACN Newswire

China Medical System: First Prescriptions for Innovative Drug Lumeblue(R) Issued in China

SHENZHEN, CHINA, Dec 9, 2024 - (ACN Newswire via SeaPRwire.com) - On 6 December, China Medical System Holdings Limited (“CMS” or the “Group”) is pleased to announce that the first prescriptions for the innovative drug Lumeblue® (Methylthioninium Chloride Enteric-coated Sustained-release Tablets) (the “Product”) have been issued in China, which marks that the first oral methylthioninium chloride enteric-coated sustained-release tablets in China has officially entered clinical application. The Product is indicated for enhancing visualization of colorectal lesions in adult patients undergoing screening or surveillance colonoscopies.Lumeblue® is an oral diagnostic drug that uses patented multi-matrix (MMXTM) technology to deliver active substances directly to the colon and release them locally in a controlled manner. As an enhancer dye, the Product increases the contrast between colorectal lesions and healthy mucosa. The results of the Phase III clinical trial in China show that the Product can significantly improve the detection rate of non-polypoid colorectal lesions (the primary endpoint of the study), leading to an improved detection rate of dangerous lesions such as non-polypoid adenomas (the secondary endpoint)[1]. In addition, the Product can be taken during the bowel preparation step, ensuring that colorectal staining is completed by the time colonoscopy is conducted. This not only enhances the detection rate of colorectal lesions but also potentially simplifies the colonoscopy procedure, making the examination more efficient and improving the screening benefits.According to the diagnosis and treatment data of the Digestive Endoscopy Branch of the Chinese Medical Association, approximately a total of 28 million gastroenteroscopies were completed nationwide in 2012, including 5.83 million colonoscopies. In 2019, approximately 38.73 million gastroenteroscopies were completed nationwide, an increase of 34.62% compared with 2012[2]. The Expert consensus on the early diagnosis and treatment of colorectal cancer in China (2023 edition) recommends colorectal cancer screening for individuals aged 40 to 74[3]. Based on the China Statistical Yearbook (2023), the total population of this age group in China is 643.36 million[4]. With the popularization of early colorectal cancer screening in China, the number of colonoscopies performed is expected to have significant growth potential in the future. Early diagnosis and removal of lesions are crucial for prevention. Lumeblue® provides an innovative solution for colorectal disease screening and management in response to this growing demand.The Product has been approved by the European Medicines Agency (EMA) to be commercialized in the European Union under the trade name Lumeblue® in August 2020. The Group obtained an exclusive license for the Product from Cosmo Technologies Ltd., a fully-owned subsidiary of Cosmo Pharmaceuticals NV, on 3 December 2020. Following its approval in China in June 2024, CMS worked collaboratively across its business segments to ensure the rapid importation of the first batch of products. The Group has also actively leveraged its existing gastroenterology portfolio and resources to orderly advance the commercialization and academic promotion of Lumeblue®, facilitating its successful prescriptions launch in China.With this milestone, CMS’s five innovative drugs have been successfully approved in China and fully entered clinical application. This achievement demonstrates the Group’s ongoing capability of innovation transformation, while reflecting CMS's commitment to focusing on medical value and fulfilling its corporate social responsibility. Looking ahead, CMS will continue to be patients-centered, efficiently advancing the clinical development and commercialization of innovative products. The Group is dedicated to improving the accessibility and affordability of innovative drugs, benefiting a broader patient population.About CMSCMS is a platform company linking pharmaceutical innovation and commercialization with strong product lifecycle management capability, dedicated to providing competitive products and services to meet unmet medical needs.CMS focuses on the global first-in-class (FIC) and best-in-class (BIC) innovative products, and efficiently promotes the clinical research, development and commercialization of innovative products, enabling the continuous transformation of scientific research into clinical practices to benefit patients.CMS deeply engages in several specialty therapeutic fields, and has developed proven commercialization capabilities, extensive networks and expert resources, resulting in leading academic and market positions for its major marketed products. CMS continues to promote the in-depth development of its advantageous specialty fields and expand business boundaries. While strengthening the competitiveness of the cardio-cerebrovascular/gastroenterology business, CMS independently operates its dermatology and medical aesthetics business, and ophthalmology business, aiming to gain leading positions in specialty therapeutic fields, whilst enhancing the scale and efficiency. At the same time, CMS has expanded its business territory to the Southeast Asian market, striving to become a "bridgehead" for global pharmaceutical companies to enter the Southeast Asian market, further escorting the sustainable and healthy development of the Group.References:1. The results of the Product’s Phase III clinical trial in China were published and are available at: https://web.cms.net.cn/en/2022/12/positive-results-for-china-phase-iii-clinical-trial-of-methylthioninium-chloride-enteric-coated-sustained-release-tablets/2. Data from the Digestive Endoscopy Branch of the Chinese Medical Association3. Early Diagnosis and Treatment Group of the Chinese Society of Oncology. “Expert Consensus on Early Diagnosis and Treatment of Colorectal Cancer in China (2023 Edition).” Chinese Medical Journal, 2023, 103(48): 3896-3908. DOI: 10.3760/cma.j.cn112137-20230804-001644. National Bureau of Statistics. (2023). China Statistical Yearbook 2023. Retrieved from https://www.stats.gov.cn/sj/ndsj/2023/indexch.htmCMS Disclaimer and Forward-Looking StatementsThis press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.Media ContactBrand: China Medical System Holdings Ltd.Contact: CMS Investor RelationsWebsite: https://web.cms.net.cn/en/home/Source: China Medical System Holdings Ltd. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Business of IP Asia Forum and Entrepreneur Day Unlock IP and Innovation Potential ACN Newswire

Business of IP Asia Forum and Entrepreneur Day Unlock IP and Innovation Potential

- BIP Asia Forum welcomed over 3,000 participants- E-Day attracted around 11,800 visits, facilitated over 230 business matching meetings and created business opportunities for participants- IP financing as a growth engine should not be overlooked according to an IP valuation expert at BIP Asia Forum. IP valuers are subjected to professional scrutiny and need to do an inordinate amount of background research in order to put the information into a sensible IP context- Connecting start-ups from across the globe, E-Day reflects Hong Kong's growing role as a global innovation hub. Over the years, Hong Kong has introduced significant policies to support innovation and technology, especially with more proactive measures to drive university research translation and industry-academia collaborationHONG KONG, Dec 8, 2024 - (ACN Newswire via SeaPRwire.com) – The two-day Business of IP Asia Forum (BIP Asia Forum), jointly organised by the Hong Kong Special Administrative Region Government (HKSAR Government) and Hong Kong Trade Development Council (HKTDC), and held concurrently with Entrepreneur Day (E-Day), hosted by the HKTDC, concluded successfully on Friday 6 December. The two events brought together more than 160 intellectual property (IP) experts and business leaders from around the world to explore the potential of IP, promote business innovation and growth, and drive high-quality economic development. Taking place on 5 and 6 December, BIP Asia Forum and E-Day reinforced Hong Kong’s position as a leading regional IP trading centre and an international innovation and technology hub.The two events featured a mix of forums, exhibitions, competitions, workshops, and business matching meetings. More than 400 exhibitors from various sectors, including IP and innovation and technology, participated in the two events to capture business opportunities and gain insights into the latest IP and innovation trends.This year, BIP Asia Forum welcomed over 3,000 participants, while E-Day attracted around 11,800 visits and facilitated over 230 business matching meetings, creating business opportunities and fostering expansion for participants.This year’s BIP Asia Forum, themed “Reimagining IP for Impact and Growth”, featured a Policy Dialogue on the opening day, where international IP experts and representatives from multinational organisations shared insights on the flourishing and newest developments in the IP world.Cultural and creative IP unleashes huge potentialThe HKSAR’s 2024 Policy Address emphasised strengthening Hong Kong’s position as an IP trading centre, promoting cross-sectoral exchange, and encouraging more local and international cultural and creative products to be registered on the Asia IP Exchange Portal. The HKSAR Government also recently published the Blueprint for Arts and Culture and Creative Industries Development, highlighting the significant potential of cultural and creative IP.The HKTDC continues to be active in promoting cultural and creative IP resources from Hong Kong and overseas to facilitate industry exchange and collaboration. In addition to the annual BIP Asia Forum, the HKTDC leverages physical trading platforms such as the Hong Kong International Licensing Show and the Hong Kong International Film & TV Market to actively promote the development and trading of cultural and creative products, inviting various IP experts to share practical case studies and opportunities.Cultural and creative industries encompass various sectors, including film and television entertainment and music and arts. Jake Hwang, Chief Manager, Story IP Business at Kakao Entertainment Corp, renowned for his experience with popular web novels and comics IP projects such as What’s Wrong with Secretary Kim, Business Proposal, and Run On, shared insights on IP related to popular Korean dramas, webcomics, and web novels at the forum. He said: “In terms of creating original IPs and where we invest our money, we don’t see things in short-term income. We are trying to see things on a more long-term basis, because we don’t know which IPs will be successful. But we keep trying to produce new IPs every day. We also try to meet with global partners as much as possible. It could be physical productions, over-the-top platforms, or independent producers, just to open potential and discuss freely.”In today’s competitive business landscape, leveraging IP has become essential for driving innovation, building brand value, and creating new revenue streams. Many international brand leaders agree that IP plays a crucial role in developing strategies for sustainable growth and expanding into new areas. Dr Na Wei, Senior Director of IP Licensing at Xiaomi, believes in the importance of collaboration between different IP owners. “One smartphone may contain more than 200,000 patents. It’s not something that one company can do on its own, so that’s why collaboration is very necessary. We need to work with many other patent owners on acquiring or securing their licenses, and we also license our own patents to them. It’s in that way that these kind of high-density patent products can be made possible.Among the various areas of IP, one area with growth potential is IP financing, where businesses can use their intangible assets as collateral to secure funding without diluting equity. This means that an IP portfolio facilitates access to capital but also enhances a company’s valuation significantly. Martin Brassell, Co-founder and CEO at Inngot Limited said: “As valuers, we have to exercise our professional judgement, subject the inputs that we’re given to professional scrutiny, and do an inordinate amount of background research in order to put the information we’re being given into a sensible, commercial, and, if necessary, IP landscape context. That’s really where the hard yards are.”This year’s Innovation & IP Market, themed “Smart City Innovation”, showcased over 20 innovative projects in areas such as smart city technology, digital business, smart living, artificial intelligence (AI) and robotics, and transportation. Xu Song, Deputy Director, Science & Technology Innovation Division of the Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen said: “The Business of IP Asia Forum provided an excellent platform for exploring business opportunities and networking. The Authority of Qianhai Shenzhen-Hong Kong Modern Service Industry Cooperation Zone of Shenzhen gathered enterprises and institutions in the field of intellectual property and joined the forum. They received enquiries from over 40 renowned IP organisation and technology companies from various countries and regions regarding policies and measures for establishing operations in Qianhai. This helps enterprises in both ‘going global’ and ‘attracting foreign investment’."E-Day promotes exchange and uncovers new opportunitiesThe HKTDC E-Day also concluded on Friday. Themed “Where Start-up Dreams Take Flight”, this year’s E-Day showcased over 340 start-ups, invention projects, and support services from 13 countries and regions, and invited more than 60 industry leaders to participate in business matching meetings and networking events.Hong Kong start-up Lacess Limited participated in E-Day for the first-time, showcasing sustainable footwear made from upcycled farm waste, factory waste, recycled plastic, and other innovative materials. Natalie Chow, CEO & Co-founder of Lacess Limited said: “As a start-up, we know the power of making connections to drive growth. Entrepreneur Day was an incredible opportunity to meet like-minded innovators, exchange ideas, and explore collaborations that could help us expand into new markets. It’s been inspiring to see how global businesses can come together to create meaningful change.The Thailand pavilion, organised by the Department of International Trade Promotion under the Ministry of Commerce of Thailand, participated in E-Day for the first time, showcasing 10 key start-ups from Thailand. Pannakarn Jiamsuchon, Thai Trade Commissioner & Consul (Commercial) said: “HKTDC’s E-Day provided a perfect platform for Thailand to shine. Our participation at E-day not only promoted the Thai start-up sector but also drew global investors into the market, creating a win-win situation for the international business community.”The Australian pavilion, led by Investment New South Wales (NSW), took part in E-Day for the second consecutive year, and showcased nine start-ups specialising in health tech, green tech, smart city solutions and other related technologies. A representative from the Australian pavilion said they wanted to take advantage of E-Day to introduce New South Wales’ start-ups to overseas markets.Start-up Express International leads top start-ups to explore Greater Bay Area opportunitiesNow in its third edition, Start-up Express International continues to support global start-ups in establishing a presence in Hong Kong and expanding into regional markets. The programme is supported by global partners worldwide, and 10 winning global start-ups were selected last month. The winning start-ups attended the “Start-up Express International – Meet the Global Winners” session during E-Day to share their entrepreneurial experiences and network with each other.Jimmy Ng, Investment Director at Gobi Partners, said: “It’s amazing to see Start-up Express International connecting top start-ups from across the globe further reflecting Hong Kong's growing role as a global innovation hub. Over the years, Hong Kong has introduced significant policies to support innovation and technology, especially with more proactive measures to drive university research translation and industry-academia collaboration. These efforts, combined with initiatives to boost start-up funding and private investment, are creating a strong ecosystem that empowers entrepreneurs to turn their ideas into impactful businesses.”[Replay of BIP Asia Forum event, including highlights of the exhibition and forums, will be available from 7 December 2024 to 6 January 2025. Replay of E-Day event will be uploaded after 7 January 2025.]BIP Asia Forum website: https://bipasia.hktdc.com/en/E-Day website: https://eday.hktdc.com/enStart-up Express International website: https://portal.hktdc.com/startupexpress/en/s/start-up-express-internationalPhoto Download: https://bit.ly/3ZDjnnzIP valuation and financing experts gathered experts to discuss current trends, share best practices and shed light on the potential of bringing IP financing to the mainstream.The Innovation & IP Market, themed “Smart City Innovation”, showcased over 20 innovative projects in areas such as smart city technologies, digital business, smart living, artificial intelligence and robotics, and transportationThe HKTDC E-Day, themed ‘Where Start-up Dreams Take Flight’, attracted around 11,800 visitsStart-ups funded under the Funding Scheme for Youth Entrepreneurship in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), supported by the Home and Youth Affairs Bureau, also participated, sharing their experiences and success stories of starting businesses in the GBAThe Thailand pavilion, organised by the Department of International Trade Promotion under Ministry of Commerce of Thailand, participated in E-Day for the first time, showcasing 10 key start-ups from ThailandMedia enquiriesFor enquiries, please contact:Burson:Wing Chan Tel: (852) 9518 4326 Email: wing.chan@hillandknowlton.comRachel Zhu Tel: (852) 6816 5846 Email: rachel.zhu@hillandknowlton.comHKTDC’s Communication & Public Affairs Department:Katy Wong Tel: (852) 2584 4524 Email: katy.ky.wong@hktdc.orgJane Cheung Tel: (852) 2584 4137 Email: jane.mh.cheung@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.com/enAbout the HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong ’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly SMEs, in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. Copyright 2024 ACN Newswire via SeaPRwire.com.
More
Dida Inc. Enters Strategic Partnership with JD Auto and JD Allianz Insurance to Explore Automotive Aftermarket Opportunities ACN Newswire

Dida Inc. Enters Strategic Partnership with JD Auto and JD Allianz Insurance to Explore Automotive Aftermarket Opportunities

HONG KONG, Dec 6, 2024 - (ACN Newswire via SeaPRwire.com) – Dida Inc. (“Dida” or the “Company”, Stock Code: 02559.HK) has announced a strategic partnership with JD Auto and JD Allianz Insurance, aiming to capitalize on emerging opportunities within the automotive aftermarket sector. This partnership seeks to combine the unique strengths of each company, particularly leveraging Dida’s expansive carpooling user ecosystem, to innovate around customized insurance solutions and enhanced automotive aftermarket services.The integration of JD Auto’s comprehensive automotive services and JD Allianz Insurance’s tailored insurance offerings with Dida’s carpooling operations presents significant synergistic potential. Unlike traditional collaborations centered on user acquisitions, the parties will focus on deeper engagement and delivering highly personalized, scenario-based insurance options and automotive aftermarket services to Dida’s users. Dida Inc., recognized as a leading carpooling platform, boasts over 18 million certified private car owners and nearly 380 million registered users. This creates vast opportunities for automotive aftermarket services, including car maintenance, customized insurance, and sales leads for car replacements.About Dida Inc.Dida Inc. (Stock Code: 02559.HK) is a prominent technology-driven mobility platform in China, dedicated to enhancing transit capacity while minimizing environmental impact. Through its carpooling marketplace, Dida connects riders with private car owners traveling in similar directions, and offers smart taxi services to optimize efficiency in the taxi industry. The company is committed to fostering a greener, more efficient mobility ecosystem, ensuring an enjoyable travel experience for all users.Forward-Looking StatementsThis press release contains forward-looking statements regarding Dida Inc.’s business outlook, planned strategies, and growth trajectories. These statements are based on current information and assumptions which may be subject to risks and uncertainties that could affect future outcomes. Detailed information regarding these risks is available in Dida’s public disclosure documents on the corporate website. Copyright 2024 ACN Newswire via SeaPRwire.com.
More