Niyo Doubles Click-Through Rates and Improves Customer Retention with CleverTap ACN Newswire

Niyo Doubles Click-Through Rates and Improves Customer Retention with CleverTap

SAN FRANCISCO, CA & MUMBAI, Nov 28, 2024 - (ACN Newswire via SeaPRwire.com) - Niyo, India’s leading fintech startup, teamed up with CleverTap, the all-in-one engagement platform, to improve customer experiences through personalized engagement and real-time interactions. Since its founding in 2015, Niyo has been revolutionizing financial services in India, particularly with its international travel cards and app-based financial services, catering to the evolving needs of its users.In its almost decade-long journey, Niyo recognized the challenges that modern Indian travellers face at every touchpoint while venturing abroad. It sought a feature-rich user engagement platform that would effectively deliver the right solutions to its customers and found the ideal partner in CleverTap. By leveraging CleverTap’s advanced automation tools, Niyo enhanced its onboarding processes, while ensuring compliance with regulations, and streamlining customer experiences. This collaboration empowered Niyo to reduce drop-offs during the customer journey, automate personalized messages, and re-engage dormant users.By deploying CleverTap’s integrated platform, Niyo achieved:・2x increase in click through rates, leveraging Clever.AI for emotionally intelligent content.・40% optimized conversion rate through pinpoint targeting, ensuring personalized and relevant communication at every step.・12% re-engagement of dormant users through targeted campaigns, highlighting Niyo’s success in winning back inactive customers.Sushanth Ravikumar, SVP - Head of Marketing, Niyo, said - “At Niyo, delivering a seamless and personalized experience for our customers is a top priority. CleverTap has been instrumental in elevating this experience. Its robust automation and communication tools have streamlined our onboarding process while maintaining compliance in the highly regulated sector. What started as a tool to streamline everyday operations has become a key force in helping us preserve customer trust, even during challenging times. Its ability to adapt to real-time shifts in customer engagement offers us a definitive edge in an ever-changing dynamic, solidifying our long-term confidence in the platform.”Sidharth Pisharoti, Chief Revenue Officer, CleverTap, said - “We are excited to collaborate with Niyo as they continue to innovate in the travel fintech space. Through our partnership, we’ve been able to enhance Niyo’s customer engagement by focusing on delivering personalized and timely experiences. This has not only streamlined their processes but also improved customer satisfaction, particularly in key areas like onboarding and transaction management. We look forward to supporting Niyo as they scale and evolve their offerings in this dynamic market.”About Niyo Niyo is India’s leading banking fintech that has revolutionized "travel banking" for Indians. The company was co-founded by banking veteran Vinay Bagri (currently, CEO) and technology veteran Virender Bisht (currently, CTO) in 2015. Niyo offers zero forex debit and credit cards, which provides the best banking experience and value for international travellers. This unique solution was invented by Niyo in 2015 and has helped over 2 million Indians by saving more up to 5% on their international transactions with Zero Forex offering. In this last Series-C round in 2022, Niyo raised $130 million, which was led by global VC and PE firms, Accel, Lightrock, and Multiples. Its other investors include Prime Venture Partners, Horizons Ventures, Tencent, JS Capital, Social Capital, and Beams Fintech Fund. Niyo operates out of a corporate office in Bengaluru and has a sales presence in more than 20 states and union territories.Visit: GoNiyo.comAbout CleverTapCleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Decathlon, Domino’s, Levis, Jio, Emirates NBD, Puma, Croma (A Tata Enterprise), Swiggy, SonyLIV, Axis Bank, AirAsia, TD Bank, Ooredoo, and Tesco, to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta.For more information, visit CleverTap.com or follow us on:LinkedIn: https://www.linkedin.com/company/clevertap/ X: https://twitter.com/CleverTap Forward-Looking StatementsSome of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.For more information:SONY SHETTYDirector, Communications and CSR, CleverTap+91 9820900036sony@clevertap.com ASHMIT CHAUDHARYAssociate Consultant, Archetype+91 8850752121ashmit.chaudhary@archetype.co Copyright 2024 ACN Newswire via SeaPRwire.com.
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Dmall Inc. Announces Proposed Listing on the Main Board of the Hong Kong Stock Exchange ACN Newswire

Dmall Inc. Announces Proposed Listing on the Main Board of the Hong Kong Stock Exchange

HONG KONG, Nov 28, 2024 - (ACN Newswire via SeaPRwire.com) - China’s largest retail digitalization solution provider – Dmall Inc. (“Dmall” or the “Company”, Stock Code: 02586.HK), today announced the proposed listing of its shares on the Main Board of The Stock Exchange of Hong Kong Limited (“Hong Kong Stock Exchange”).Dmall plans to offer 25,774,000 Shares (subject to the over-allotment option), of which 23,196,600 Shares will be International Offer Shares (subject to reallocation and the over-allotment option), representing approximately 90% of the initial offer shares; the remaining 2,577,400 Shares will be Hong Kong Offer Shares (subject to reallocation), representing approximately 10% of the initial offer shares. The Offer Price is HK$30.21 per Share, plus brokerage of 1.0%, SFC transaction levy of 0.0027%, Hong Kong Stock Exchange trading fee of 0.00565% and Accounting and Financial Reporting Council transaction levy of 0.00015% (payable in full on application in Hong Kong dollars and subject to refund).Dmall will open for Hong Kong Public Offering in Hong Kong at 9 a.m., November 28, 2024 (Thursday), and close at 11:30 a.m., December 3, 2024 (Tuesday). Dealings in shares of Dmall on the Main Board of the Hong Kong Stock Exchange is expected to commence on December 6, 2024 (Friday). The shares will be traded in board lot of 100 shares each. The Company’s stock code will be 02586.HK.UBS Securities Hong Kong Limited, CMB International Capital Limited and China Merchants Securities (HK) Co., Limited are the Joint Sponsors. UBS AG Hong Kong Branch, CMB International Capital Limited, China Merchants Securities (HK) Co., Limited, CLSA Limited and China International Capital Corporation Hong Kong Securities Limited are the Joint Global Coordinators, Overall Coordinators, Joint Bookrunners and Joint Lead Managers.After deducting the underwriting commissions and other estimated offering expenses payable by the Company, with an Offer Price of HK$30.21 per Offer Share, the Company estimates that it will receive net proceeds of approximately HK$623.7 million from the Global Offering after deducting the underwriting commissions and fees, and other estimated expenses in connection with the Global Offering and assuming that the Over-allotment Option is not exercised. In line with Dmall’s strategies, the proceeds from the Global Offering are intended to be used for the following purposes and in the following amounts – approximately 42.1%, or HK$262.6 million, to develop new applications and new service modules; approximately 30.0%, or HK$187.1 million, for talent acquisition associated with the expansion of Dmall’s operations; approximately 10.0%, or HK$62.4 million, to selectively pursue strategic cooperation, investments and acquisitions that are complementary to its organic growth strategies, particularly those that can complement Dmall’s product offerings, strengthen its technology capabilities, and solidify its market position; approximately 7.9%, or HK$49.3 million, to expand its sales network and further strengthen its brand reputation; and approximately 10.0%, or HK$62.4 million, for working capital and general corporate purposes.Dmall was founded in 2015, which provides retail digitalization solutions to retailers in the local retail industry. According to Frost & Sullivan, Dmall is the largest retail cloud solution provider in China by GMV, with a market share of 13.3% in 2023. The expansion has allowed the Company to become the largest retail cloud solution provider in Asia by GMV in 2023, occupied a market share of 10.9%, according to Frost & Sullivan.As a leading retail digitalization solution provider in Asia, the broadest operational modules coverage enables Dmall to cover diverse customer base in the retail industry and thus obtain deep retail know-how, meet the needs of all major aspects of the retailer's operations. Dmall served 444 customers in the six months ended June 30, 2024, such as Pangdonglai, Luosen (China), Dennis and Maidelong Entities, as well as well-known brands such as Wellcome, Mannings, Guardian, Giant and 7-Eleven (Hong Kong), which operate under the DFI Retail Group, demonstrating a widely validated operating model. The dollar-based net retention ratio was 184% in 2021, 158% in 2022, 117% in 2023 and 123% in the twelve months ended June 30, 2024, remaining robust at above 100%, which underscores Dmall’s ability to further increase customer spending.Dmall has always attached importance to the value created for customers, “customer success” is the starting point of everything the Company does. Dmall has provided services to leading companies in different retail formats, and has successfully expanded its businesses markets outside of the Chinese mainland, comprising Hong Kong SAR, Cambodia, Singapore, Malaysia, Poland, Macau SAR, Indonesia, the Philippines and Brunei. In terms of income, the overseas income of the Company in 2023 has exceeded RMB100 million.Dmall achieved strong revenue growth as its revenue grew by 56.6% from RMB848.2 million in 2021 to RMB1,328.3 million in 2022, and further increased by 19.4% to RMB1,585.4 million in 2023. Dmall’s revenue increased by 22.9% from RMB764.0 million in the six months ended June 30, 2023 to RMB939.2 million in the six months ended June 30, 2024. Dmall has also improved its gross margin during the Track Record Period. Dmall’s gross margins were 20.4%, 38.0%, 35.0%, 36.3% and 38.3% in the years ended December 31, 2021, 2022, 2023 and the six months ended June 30, 2023 and 2024, respectively.Mr. Zhang Feng, co-founder, executive Director and president of Dmall said, “We empower retailers to thrive in the digital era and are committed to becoming the world's leading omnichannel retail digital solutions provider. We will uphold the values of "continuous innovation", always strive, constantly strengthen and uphold our own technical barriers and optimize products and services, maintain core competitiveness, continue to provide customers with high-value services, and help customers' business. We look forward to taking the listing as an opportunity to fully leverage our competitive advantages and utilize Hong Kong's unique financing platform to further enhance our strengths and continue to create greater value for our shareholders and investors.”Issued by Porda Havas International Finance Communications Group for and on behalf of Dmall Inc. For further information, please contact:Porda Havas International Finance Communications GroupMS.Fung Kelly(852) 3150 6763kelly.fung@h-advisors.globalMS.Wang Evie(86) 135 2006 8960evie.wang@h-advisors.global Copyright 2024 ACN Newswire via SeaPRwire.com.
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Edvantage Group Announces FY2024 Annual Results ACN Newswire

Edvantage Group Announces FY2024 Annual Results

Highlights (relevant audited data for the year ended 31 August 2024)- Revenue increased by 17% YoY to approximately RMB2,312 million;- Gross profit rose by 10% YoY to approximately RMB1,124 million;- Profit for the period attributable to owners of the Company rose by 16% YoY to approximately RMB715 million;- Number of student enrolments increased by 11% YoY to approximately 95,600;- Payment of a final dividend of HK10.0 cents per share;- Dividend payout ratio of 30% for the year.HONG KONG, Nov 29, 2024 - (ACN Newswire via SeaPRwire.com) - Edvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK) has announced its audited FY2024 Annual Results for the year ended 31 August 2024 (the “Reporting Period”). During the Reporting Period, the Group actively responded to national policies, vigorously promoted industry-education integration, deepened the connotations of international education, continued to introduce unique new featured majors that match market and industry demands and fully embraced artificial intelligence (“AI”), succeeding in raising education quality and brand presence, thereby achieving steady growth in performance year after year.During the Reporting Period, the Group’s revenue totaled approximately RMB2,312 million, representing an increase of 17% as compared to the corresponding period of the preceding year. The increase was mainly attributable to the continuous enhancement of the Group’s education brand effectiveness, which drove a rise in the number of student enrolments and higher average tuition fees recorded by the Group’s domestic schools. Profit for the period attributable to owners of the Company rose by 16% YoY to approximately RMB715 million. The number of students enrolled in the Group’s schools continued to expand yearly, reaching approximately 95,600, with a year-on-year growth of approximately 11%. The Board of Directors of the Group has recommended the payment of a final dividend of HK10.0 cents per share for the year ended 31 August 2024, which, along with an interim dividend of HK9.6 cents per share, equates to a total annual dividend of HK19.6 cents per share and a dividend payout ratio of 30% for the year.From left to right: Mr. Yan Kwok Ting Sunny, Director of Investment, Corporate Finance & Investor Relations Department;Mr. Liu Yuk Tung, ChiefFinancial Officer; Ms. Liu Yi Man, Executive Director and Chief Executive Officer;Ms. Liu Wenqi, Chief Operating Officer;Fully embracing AI and continuously promoting the industry-education integrationOver the past year, the Group witnessed the groundbreaking development of the new generation of artificial intelligence technology. As a vocational education provider, the Group has developed in step with times, fully embracing AI in teaching, management and application. At present, all of its schools are actively promoting AI, fostering its popularity, with AI-embedded courses launched in seven colleges. Subsequent efforts will be made to promote those programmes to cover all faculties and students of all schools under the Group. Meanwhile, the Group actively responded to national policies, continuously deepened industry-education integration, and fully promoted the construction of industrial colleges, cooperating with multiple enterprises renowned in their respective industries to establish artificial intelligence and big data, digital trade, digitalised accounting and business services, research and tourism, jewelry, human resources and other industrial colleges. Those industrial colleges are all set up according to the Ministry of Education requirements for building modern industrial colleges that align with the country’s key industry development strategies, in order to nurture high-quality application-minded talent that emerging industries urgently need. In addition, the Group also entered into school-enterprise cooperation with numerous enterprises to build off-campus practice bases, further promoting the in-depth integration of education chains and industrial chains.Expanding exchange and cooperation of international education and deepening the connotations of international educationThe Group responded to the national advocacy for the opening up of education, “introduction of foreign schools”, and “international expansion of domestic schools”, continuously promoted the internationalisation of vocational education and expanded the partnership network with global renowned universities. By providing high-quality international programs and practice opportunities to students, the Group aims to cultivate innovative talents with global vision, to further raise the international influence of China’s vocational education. During the Reporting Period, the schools under the Group established in-depth cooperation with 51 foreign high schools in the United States of America, the United Kingdom, Canada, Japan and Australia, joining hands to create diverse high-quality international programmes. Furthermore, the Group comprehensively launched international study tours, organising 65 student and teacher study tours to France, Singapore, Hong Kong, China, Macau, China and other regions for short-term studies, with over 4,000 teachers and students participating during the Reporting Period. Looking forward, the Group will press on with deepening integration of its schools - domestic and international, strive to build a diversified international education cooperation network, actively promote Chinese vocational education to go global and build an internationally renowned Chinese vocational education brand.Consistently increasing investment in education to build a high-quality education brandThe Group has always adhered to the motto of "Establishing school of the century, Nurturing talents of the nation". Firmly believing that increasing investment in education is an important path towards high-quality education, the Group further expanded the new campus of Guangzhou Huashang College and Guangzhou Huashang Vocational College during the Reporting Period, which includes student dormitories, library, sports centre, teaching buildings and laboratories, providing solid support for future student enrollment and sustainable development of the Group. At the same time, it has kept increasing investment in building a high-quality teaching staff, which has expanded after the Guangzhou Huashang College and Guangzhou Huashang Vocational College established their Guangdong Province Doctoral Workstation respectively. The Group has launched a series of training workshops for teachers to continuously enhance their professionalism and practical teaching abilities, encouraging them to practice what they have learned and help improve school education and teaching quality. By introducing mentors from industries, it works together with enterprises in nurturing professional “dual-qualified” teachers and “dual-skilled” industry mentors, continuing to optimize the combined structure of full-time and part-time faculty teams. The in-depth and precise investment made by the Group in various areas crucial to strengthening school management has brought bountiful results. Guangzhou Huashang College placed third in scientific research competitiveness among private undergraduate colleges in China and has been designated as a key research base for humanities and social sciences among regular higher education institutions in Guangdong Province. Guangzhou Huashang Vocational College has been named a national exemplary vocational college, while the Urban Vocational College of Sichuan ranked second in China and first in Sichuan among Shanghai Ranking's 2024 Best Chinese Private Higher Vocational Colleges. These honors are a strong testament to the Group’s high-quality educational achievements.Looking ahead, the Group will continue to nurture innovative talent, focusing on such areas as industry and education integration, internationalization, and AI to keep up with industry and social development needs, increase investment in education, and keep building a high-quality education brand. It is committed to nurturing highly-skilled interdisciplinary corporate leaders for the country and industries around the world, while continuously making positive contributions to the sustainable development of vocational education.About Edvantage Group Holdings LimitedEdvantage Group Holdings Limited (“Edvantage Group” or the “Group”, stock code: 0382.HK) is the largest private business higher education and vocational education group in the Greater Bay Area, and an early mover in education sector in pursuing international expansion, listed in Hong Kong Main Board on 16 July 2019. The total number of full-time student enrolments of the Group was approximately 96,000 as of 31 August 2024. Operated 9 private education institutions, namely, Guangzhou Huashang College (Applied Undergraduate), Guangzhou Huashang Vocational College (Higher Vocational Education) and Guangdong Huashang Technical School (Secondary Vocational Education) located in Guangdong Province, the PRC; Urban Vocational College of Sichuan (Higher Vocational Education) and Urban Technician College of Sichuan (Secondary Vocational Education) in Sichuan Province, the PRC; GBA Business School (GBABS) in Hong Kong, the PRC; Global Business College of Australia (GBCA) and Edvantage Institute Australia (EIA) in Australia; as well as Edvantage Institute (Singapore) (EIS) in the downtown of Singapore.While focusing on school operations, the Group also actively fulfil corporate social responsibility, extensively contributing to social welfare programmes including charity, poverty alleviation, education and revitalisation, in order to take the initiative in repaying society through action. Since its listing, the Group has made outstanding contributions in the field of ESG and has won the “Best ESG Innovation Award” from Zhitong Finance and the “Outstanding Enterprise for ESG Innovative Practice” from Gelonghui in 2024. Copyright 2024 ACN Newswire via SeaPRwire.com.
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耐赋康(R)纳入新版国家医保药品目录

香港, 2024年11月29日 - (亚太商讯 via SeaPRwire.com) - 11月28日,国家医疗保障局和人力资源与社会保障部发布了《国家基本医疗保险、工伤保险和生育保险药品目录(2024年)》(以下简称"国家医保药品目录"),并宣布新版目录将于2025年1月1日起正式实施。在此次目录更新中,云顶新耀旗下的全球首个IgA肾病对因治疗药物 - 耐赋康(R)成功纳入,这一里程碑标志着耐赋康(R)在推动IgA肾病规范化治疗和提升患者用药可及性方面取得了重要突破,为中国数百万肾病患者带来了治疗希望。截至目前,耐赋康(R)已相继在中国大陆、中国澳门、中国香港、新加坡、中国台湾和韩国获批上市。耐赋康(R)作为全球首个获得美国食品药品监督管理局(FDA)和欧洲药品管理局(EMA)完全批准的IgA肾病治疗药物,于2023年11月通过优先审评程序正式获得中国国家药品监督管理局(NMPA)的批准,用于治疗原发性IgA肾病的成年患者,是中国唯一获得IgA肾病适应症的治疗药物。耐赋康(R)凭借其全球领先的地位和卓越的临床价值,赢得了国际医学界的广泛认可。最近,在2024年美国肾脏病学会(ASN)年会上,耐赋康(R)Ⅲ期临床试验的开放标签扩展研究(OLE)结果公布。研究表明,接受第二个治疗疗程的IgA肾病患者在估算肾小球滤过率(eGFR)和蛋白尿改善方面,取得了与首次治疗相当的显著疗效,并且耐受性良好,进一步验证了长期治疗策略的可行性和有效性。这一研究结果与国际权威指南《2024 KDIGO IgA肾病和IgA血管炎临床管理实践指南(公开审查草案)》中的治疗建议高度一致,凸显了耐赋康(R)在IgA肾病领域的创新性和临床价值。同时,耐赋康(R)也是被指南草案证实迄今为止唯一被证明可以降低致病性IgA和IgA免疫复合物水平的治疗方法。IgA肾病在亚洲地区的发病率较高,是中国青壮年肾衰的主要病因之一。根据统计,中国目前约有500万名IgA肾病患者,每年新增确诊人数超过10万,且临床治疗需求巨大。自2024年5月耐赋康(R)在中国大陆上市以来,已展现出强劲的市场表现。根据云顶新耀半年报数据,耐赋康(R)上市仅一个月,销售额即突破人民币1.673亿元,反映出市场对其卓越疗效的高度认可,以及中国患者对创新治疗方案的强烈需求。这一成绩进一步印证了耐赋康(R)作为一项创新疗法的巨大潜力,同时也彰显了其在满足未被满足的临床需求方面的重要价值。随着耐赋康(R)成功纳入国家医保药品目录,将显著提升其在中国市场的可及性和覆盖率,为云顶新耀创造持续且强劲的商业化收入增长动能。这一重要突破不仅进一步巩固了公司在肾病治疗领域的市场领导地位,也为优化资源配置和实现协同发展注入了新动力。同时,随着医保放量的逐步兑现,这一进展有望成为推动公司核心产品价值释放的重要催化剂,进一步带动市场对公司整体价值的重估。耐赋康(R)成功纳入医保药品目录仅是云顶新耀在差异化商业化布局中的一个缩影。作为全球首个氟环素类抗菌药物,依嘉(R)(依拉环素)在重症抗感染领域展现出卓越的表现。根据最新发布的"依拉环素临床应用综合评价项目"终期报告,依嘉(R)治疗结束时的总治疗有效率高达90.1%,进一步验证了其突出的疗效与良好的安全性。这一结果不仅巩固了依嘉(R)在抗感染领域的重要地位,也彰显了其更广阔的应用潜力和临床价值。截至2024年上半年,依嘉(R)累计销售额已达到2.33亿元,充分体现了市场对其的高度认可和接受度。在自身免疫疾病领域,重磅药物伊曲莫德(VELSIPITY(R))的商业化进程正在稳步推进。今年10月,伊曲莫德已获批在三家粤港澳大湾区"药械通政策"指定医疗机构率先使用。此前,该药于今年上半年分别在中国澳门和新加坡获得上市批准,并已于近期在中国香港递交新药上市许可申请,公司预计将在今年年底向中国内地递交新药上市申请。作为云顶新耀的第三款商业化产品,伊曲莫德有望成为公司新的增长动力。随着未来在中国市场的进一步推广和应用,其巨大的市场潜力将逐步释放。与此同时,云顶新耀持续在创新研发领域取得突破。公司自主研发的mRNA技术平台已完成本土化布局,首个个性化肿瘤治疗性疫苗EVM16已启动临床试验。此外,作为新一代高效共价可逆BTK抑制剂的EVER001,云顶新耀拥有其在全球范围内开发用于治疗肾病领域的权益。据悉,云顶新耀将于12月4日举行线上投资者会议,公布EVER001在治疗原发性膜性肾病的1b/2a期临床研究数据。这些进展将为公司未来增长提供重要支撑。在耐赋康(R)医保准入以及核心管线持续利好的推动下,云顶新耀的商业模式再次得到验证,不仅展现了兑现对投资者承诺的坚定决心,也强化了资本市场对公司创新能力与长期发展潜力的信心。凭借在肾病、感染性疾病、自身免疫疾病及肿瘤治疗领域的差异化创新布局,云顶新耀正以卓越的商业化能力驱动增长,稳步迈向成为亚洲领先的全球综合性生物制药企业的目标。 Copyright 2024 亚太商讯 via SeaPRwire.com.
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联控旗下君联资本、联想之星共同投资企业小马智行在美国纳斯达克成功上市

香港, 2024年11月28日 - (亚太商讯 via SeaPRwire.com) - 据联想控股微空间报道,北京时间11月27日,联想控股(3396.HK)旗下君联资本、联想之星共同投资企业小马智行(Pony.ai)在美国纳斯达克成功挂牌上市,股票代码“PONY”。小马智行成立于2016年,致力于提供安全、先进、可靠的全栈式自动驾驶技术,实现未来交通方式的彻底变革,最终达成“让自动驾驶触手可及(Autonomous Mobility Everywhere)”的美好愿景。小马智行的技术目标是打造适用于不同车型及场景的“虚拟司机”(Virtual Driver),同时布局自动驾驶出行服务(Robotaxi)、自动驾驶货运服务(Robotruck)、技术授权与应用服务三大业务。目前,小马智行分别在硅谷、北京、上海、广州、深圳、卢森堡设立研发中心,并在韩国、卢森堡、沙特阿拉伯、阿联酋等国家和地区布局自动驾驶业务,实现技术和产品出海。2018年12月,小马智行推出国内第一个自动驾驶出行服务平台小马智行(PonyPilot)。小马智行是中国首个在北京、上海、广州、深圳四大一线城市均取得无人驾驶出行服务许可的公司。凭借人工智能技术领域的最新突破,小马智行已与丰田、北汽、广汽、上汽、一汽、三一等一流车厂,以及英伟达、中国外运、如祺出行等上下游头部企业建立合作,并成为国内首家取得出租车运输经营许可和货运道路运输经营许可证的自动驾驶公司。截至目前,公司已累积近4000万公里自动驾驶路测试总里程,其中无人驾驶路测试总里程近400万公里,为规模化与无人化的自动驾驶服务奠定了基础。君联资本于2018年投资小马智行,投资后在公司的产业链上下游资源、企业运营管理等方面提供了增值服务。君联资本表示:“君联一直关注并支持公司在自动驾驶领域的创新发展,有幸见证了小马智行在自动驾驶及人工智能领域从0到1的突破。君联长期关注汽车‘智能化、网联化’的发展,小马智行是中国极少拥有成功经验,具备各个方向完备的研发人才储备及技术积累的公司。相信上市后,小马智行将通过研发积累和技术优势,成为全球领先的自动驾驶企业。”联想之星是小马智行第二轮融资启动后接触到的首家投资机构。从正式接触到投资完成,联想之星只用了不到2个月时间,便直接投资小马智行500万美元。此后,小马智行联合创始人楼天城还参加了联想之星创业CEO特训班第十一期班学习,系统接受创业实战培训。目前,小马智行仍是联想之星在单轮单次投资中金额最大的一笔交易。经过7年的陪伴,联想之星也在自动驾驶赛道收获了自己的第一个IPO,仅这个项目的账面投资回报就达到数亿元。联想之星总裁、主管合伙人王明耀表示:“从初创到如今的行业领军者,每一步都凝聚著小马智行团队的努力。相信凭借小马智行在自动驾驶领域的深厚积累和技术优势,定能在未来持续引领行业发展,为全球智能出行变革贡献力量。”君联资本成立于2001年4月,是专注于早期风险投资及成长期私募股权投资的基金管理公司。在二十年的发展历程中,君联资本遵循国际通行标准,创造基金运营及管理的最佳实践。该基金通过积极主动的增值服务体系,推动企业创新成长,在多个投资领域持续创造良好投资回报的同时,推动中国的产业进步和社会发展。君联资本以“成为一家具有国际影响力的投资公司”为愿景,秉承“富而有道”的核心价值观,积极践行社会责任。联想之星创立于2008年,目前管理著11支、总额近50亿人民币的早期投资基金,已投资400个项目。作为联想控股的早期投资和孵化板块,联想之星植根联想近40年来的创业经验和资源积累,为创业者提供早期投资+深度孵化的特色服务,做创业者身边的“超级天使”。早期投资:主要投资于前沿科技、医疗健康、TMT三大领域,积极布局智能机器、互联网改造传统产业、生物技术、医疗器械等前沿领域。深度孵化:管理和运营“创业CEO特训班”,为广大创业者提供专业实战的公益创业培训。此外,“创业联盟”持续为创业者提供服务和共享资源,助力企业快速成长,共创联想之星创业生态圈。 Copyright 2024 亚太商讯 via SeaPRwire.com.
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港股市场再迎超大型明星IPO  顺丰控股昨日在港上市 ACN Newswire

港股市场再迎超大型明星IPO  顺丰控股昨日在港上市

香港, 2024年11月28日 - (亚太商讯 via SeaPRwire.com) - 在政策利好与市场氛围转暖的共振之下,2024年港股IPO市场复苏势头强劲,今年前三季度,香港IPO募资规模重回全球前四。亚洲物流巨头顺丰控股(6936.HK)已于11月27日登陆港交所,成为港股市场最大的物流领域上市企业、2023年以来港股第二大「A to H」 IPO项目,同时也是物流行业第一单「A to H」 IPO项目。在昨日的上市仪式上,顺丰创始人王卫先生表示在港上市对顺丰意义重大,集团可依托香港平台更好发展国际市场。王卫先生称,顺丰已经经营31年,7年前于A股上市,7年间集团面对不少困难,但团队有能力接受任何挑战,有丰富经验接受很多不能预控的因素。王卫先生在致辞中特别引用了广为传唱的粤语经典名歌曲《狮子山下》歌词,展现了其对顺丰未来发展的坚定信念与积极向往。顺丰在其发展过程中,也逐渐形成了与香港精神高度契合的企业精神,即拼搏进取、追求卓越、创新奉献、回馈社会。稀缺龙头:亚洲物流行业先锋与领导者顺丰控股于1993年在广东顺德创立,经过31年持续深耕,综合实力稳步增强,位居《财富》世界500强企业之列,2024年获评《财富》最受赞赏的中国公司第二位,这也是顺丰连续8年上榜「《财富》最受赞赏的中国公司」。一流的服务品质,令顺丰品牌在全球物流领域广获认可,品牌声誉卓著。根据弗若斯特沙利文,按2023年收入计,公司是中国及亚洲最大的综合物流服务提供商,也是全球第四大综合物流服务提供商,仅次于联合包裹服务公司(UPS)、敦豪(DHL)和联邦快递(FedEx)。直营模式、综合物流能力和独立第三方,构成顺丰控股业务模式的三个关键属性。顺丰直接经营从最初一公里收件到最后一公里派送的整个端到端物流流程,且是中国唯一一家独立于主要电商平台的规模化综合物流服务提供商,既提供全方位国内及国际物流服务,也向跨国公司、大型企业、中小型企业及散单客户提供一站式解决方案,为当今亚洲物流行业中独一无二的领军企业。盈利释放:多重因素带动盈利强劲增长2021年至2023年,顺丰控股收入、归母净利润复合年增长率分别达11.7%、31.9%,年末现金及现金等价物、和交易性金融资产从人民币452亿元增至人民币473亿元。2024年首三季度,公司各项业务增长延续稳健,同时调优网络结构,加强精益化资源规划与成本管控,整体营收同比增加9.4%,归母净利润同比增加21.6%。从各业务线来看,顺丰控股核心业务速运分部盈利相对稳定,鄂州枢纽投产料将夯实国内国际航网并提升资产利用率,大件、同城等新业务均兑现盈利并持续扩张,供应链及国际业务有望凭借中国企业出海以及供应链升级打造第二增长曲线。鉴于公司收入体量大,近两年均在2,500亿人民币以上,且盈利能力不断增强,在多网融通及营运模式变革下,降本增效持续兑现,将带来较大业绩弹性,带动盈利强劲增长。股东回报:积极回馈股东顺丰控股持续加大分红和回购力度。自2017年上市以来,公司每年均会宣派年度股息,派息率由2017年至2022年的20%提升至2023年的35%。公司于2024年10月公告中期分红将派息率提升到40%,并执行一次性特别分红,合计分红超人民币67亿元。根据公司未来五年(2024年-2028年)股东回报规划,现金分红比例将在2023年度基础上稳步提高。另外,从2022年开始,截至2024年10月31日,顺丰控股累计回购股份折合总金额约为人民币近48亿元,注销股份7,929万股,注销比例1.62%。选择在港股市场流动性增强、IPO发行环境改善的第四季度上市,对顺丰控股而言,是一个相当有利的时机。在香港资本市场的助力下,公司未来将进一步推进国际化战略、打造国际化资本运作平台、提升国际品牌形象及综合竞争力。 Copyright 2024 亚太商讯 via SeaPRwire.com.
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三大核心优势驱动可持续增长 顺丰控股开启国际市场新征程

香港, 2024年11月28日 - (亚太商讯 via SeaPRwire.com) - 11月27日,物流行业龙头顺丰控股股份有限公司(「顺丰控股」,股份代号:6936.HK)正式登陆港交所。根据公司公告,顺丰控股发售价已厘定为每股H股34.30港元,相当于集资总额58.3亿港元,若按基础发行额来看,将晋身今年以来港股第二大IPO,并实现「A+H」两地上市。顺丰控股以期通过香港上市,加速推进其国际化战略,打造国际化资本运作平台,提升国际品牌形象。商业模式久经验证 打造核心竞争优势成立三十余年来,顺丰控股打造了一个久经市场验证的商业模式,即直营模式、综合物流能力和独立第三方,持续领跑物流行业。顺丰控股是中国少数实行直营模式的物流企业。在该模式下,公司可实现对整个物流环节的直接把控,保障物流服务的时效性、可靠性及服务质量并控制成本。自中国国家邮政局发布排名开始,顺丰控股已连续15年在公众满意度及时效性方面蝉联行业第一。凭借直营模式的天然优势,顺丰控股也能更易扩展至其他物流细分领域,实现从1到N的突破,成功打造综合物流服务能力,使其区别于提供较为单一类别的物流服务商,可为客户提供全方位的标准化及定制化物流需求,不断拓展物流服务的深度和广度,获得更大的客户钱包份额,助力公司加速增长。此外,作为中国唯一一家独立于主要电商平台的规模化综合物流服务提供商,顺丰控股能够中立服务所有客户,在当前各类电商激烈竞争、抢占传统电商市场份额的背景下,其中立属性和优越的服务质量使得公司更受平台及商家的青睐,与客户建立长期可持续关系。营收稳步增长 加速推进国际化成长可期在具竞争优势的商业模式支持下,顺丰控股持续扩大其市场份额,营收稳步增长。2021年至2023年,公司收入复合年增长率为11.7%;归母净利润复合年增长率为31.9%。其中,供应链及国际业务正展现出强劲的增长潜力。2021年至2023年,公司在中国大陆以外地区产生的收入复合年增长率为38.6%。作为全球四大综合物流服务提供商中唯一一家在中国和亚洲拥有直接管理和运营网络的物流服务提供商,顺丰控股建立了覆盖全球的高效、可靠、协同的物流基础设施网络,并将天网、地网和信息网整合为统一的服务网络以及全面的基础设施,使其更有能力满足各类跨境物流服务需求,并以更具竞争力的成本结构提供同等高水平的服务。凭借于此,顺丰控股有望在行业竞争中脱颖而出,把握住全球物流市场的增长机遇。2022年,顺丰控股进入《财富》世界500强企业。2024年获评《财富》最受赞赏的中国公司第二位,这也是顺丰连续8年上榜「《财富》最受赞赏的中国公司」。香港上市,是其国际化战略的重要落子。一方面,港股上市将为顺丰控股打造国际资本运作平台,助力公司在海外以轻重结合的模式获得更多的国际业务机会。另一方面,港股上市也有助于公司吸引到更多的国际合作伙伴,共同开拓海外市场,实现业务的多元化发展。综上所述,成功的商业模式,为顺丰控股打造了三大独特的核心竞争优势,将持续助力公司巩固和提高市场份额。同时,公司深耕行业多年所积累的广泛资源优势,也将为其国际化推进提供有力支持。在原有市场持续巩固以及新市场不断拓展的共同驱动下,其未来成长潜力可观。 Copyright 2024 亚太商讯 via SeaPRwire.com.
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多点宣布于联交所主板上市计划 ACN Newswire

多点宣布于联交所主板上市计划

香港, 2024年11月28日 - (亚太商讯 via SeaPRwire.com) - 中国最大的零售数字化解决方案服务商-多点数智有限公司("多点"或"公司",股份代号:02586.HK),今日宣布将于香港联合交易所有限公司 ("香港联交所") 主板上市计划。多点将发售25,774,000股股份(视乎超额配股权行使与否而定),其中23,196,600股股份(可予重新分配及视乎超额配股权行使与否而定)将作国际发售,合共占初步发售股份总数的90%;馀下2,577,400股股份((可予重新分配)将于香港作公开发售,合共占初步发售股份总数的10%,每股发售价为30.21港元,另加1.0%经纪佣金、0.0027%证监会交易征费、0.00565%香港联交所交易费及0.00015%会计及财务汇报局交易征费(须于申请时以港元缴足,且多缴股款可予退还)。多点将于2024年11月28日(星期四)上午9时开始于香港公开发售,并于2024年12月3日(星期二)上午11时30分截止。多点的股票预计将于2024年12月6日(星期五)于香港联交所主板开始进行买卖,股份将按每手买卖单位100股股份买卖,股票代号为02586.HK。UBS Securities Hong Kong Limited、招银国际融资有限公司、及招商证券(香港)有限公司为本次发行之联席保荐人。UBS AG Hong Kong Branch、招银国际融资有限公司、招商证券(香港)有限公司、中信里昂证券有限公司、中国国际金融香港证券有限公司为整体协调人、联席全球协调人、联席账簿管理人及联席牵头经办人。经扣除包销费用及其他与全球发售有关的估计开支后,按每股发售股份30.21港元计算,并假设超额配股权未获行使,公司估计将自全球发售收取所得款项净额约人民623.7百万港元。根据公司策略,其中约42.1%,或262.6百万港元将分配于开发新应用程式及新服务模块;约30.0%,或187.1百万港元将分配于与公司的业务扩张相关的人才招聘;约10.0%,或62.4百万港元将分配于选择性地寻求与多点的自然增长战略互补的战略合作、投资及收购,尤其是能够补公司的产品组合、增强公司的技术能力及巩固公司市场地位的战略合作、投资及收购;约7.9%,或49.3百万港元将分配于扩大公司的销售网络并进一步加强公司的品牌声誉;约10.0%,或62.4百万港元将用于营运资金及一般企业用途。多点成立于2015年,为本地零售业的零售商提供零售数字化解决方案。根据弗若斯特沙利文的资料,按商品交易总额计算,多点是2023年中国最大的零售云解决方案服务商,拥有13.3%的市场份额;按商品交易总额计算,多点成为2023年亚洲最大的零售云解决方案服务商,拥有10.9%的市场份额。作为亚洲领先的零售数字化解决方案服务商,多点覆盖了广泛的运营模组,触达了零售行业内多样化的客户群,从而获得深入的零售专业知识,满足零售商所有关键运营环节的需求。截至2024年6月30日,多点已为444名客户提供服务,包括胖东来、罗森(中国)、丹尼斯百货及麦德龙实体、以及DFI Retail Group经营的惠康、万宁、Guardian、Giant及7-11等知名品牌,运营模式受到广泛验证。于2021年、2022年、2023年及截至2024年6月30日止十二个月,净收益留存率分别为184%、158%、117%及123%,维持于100%以上的强劲水平,这凸显了其进一步增加客户消费的能力。多点自始至终重视为用户创造的价值,"客户成功"是多点一切工作的出发点。多点已经为零售行业各业态中的龙头企业提供服务,还成功将业务扩展至境外其他国家和地区,包括香港特别行政区、柬埔寨、新加坡、马来西亚、波兰、澳门特别行政区、印尼、菲律宾及汶莱。按收入计,2023年多点境外收入已突破亿元大关。于往绩记录期间,多点实现了强劲的收益增长,收益由2021年的人民币848.2百万元增加56.6%至2022年的人民币1,328.3百万元,并进一步增加19.4%至2023年的人民币1,585.4百万元。收益由截至2023年6月30日止六个月的人民币764.0百万元增加22.9%至截至2024年6月30日止六个月的人民币939.2百万元。于往绩记录期间,多点的毛利率亦有所改善。截至2021年、2022年、2023年12月31日止年度以及截至2023年及2024年6月30日止六个月,毛利率分别为20.4%、38.0%、35.0%、36.3%及38.3%。多点数智有限公司联合创始人、执行董事兼总裁张峰先生表示:"我们助力零售赢在数字时代,致力于成为全球领先的全渠道零售数字化解决方案供应商。我们将秉持"持续创新"的价值观,始终奋斗,不断垒实自身技术壁垒并优化产品服务,保持核心竞争力,持续为客户提供高价值服务,助力客户业务。我们期待以上市为契机,充分发挥自身的竞争优势,利用香港特有的融资平台,进一步提升实力,为股东和投资者持续创造更大价值。"此新闻稿由博达浩华国际财经传讯集团代表多点数智有限公司发布。如有垂询,请联络︰博达浩华国际财经传讯集团冯嘉莉女士 (852)3150 6763 kelly.fung@h-advisors.global王佩女士 (86)135 2006 8960 evie.wang@h-advisors.global Copyright 2024 亚太商讯 via SeaPRwire.com.
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港交所正式敲锣 顺丰控股完成「A+H」资本版图 ACN Newswire

港交所正式敲锣 顺丰控股完成「A+H」资本版图

香港, 2024年11月28日 - (亚太商讯 via SeaPRwire.com) - 11月27日,亚洲最大的综合物流服务提供商 - 顺丰控股(6936.HK)正式在港交所挂牌上市,成为又一家「A+H」企业。是次IPO,顺丰控股最终发售价为每股H股34.30港元,为招股发售价范围的中位数,募资总额为58.31亿港元。香港公开发售部分认购倍数达79.07倍,国际配售获10.10倍认购,上市港股总市值为1710.26亿港元(超额配售前)。随着利润持续兑现,港股上市后公司有望享受龙头估值溢价。坐拥多重优势,凸显行业龙头地位顺丰控股长期扎根物流行业,以直营、综合、独立为核心商业模式,通过不断创新与行业深耕,创造了可持续的竞争优势,成为亚洲规模最大的物流企业,且在全球四大综合物流服务提供商之中,也是收入增长最快、盈利能力增长最快的公司。根据弗若斯特沙利文报告(下同),按2023年收入计,顺丰控股是中国及亚洲最大的综合物流服务提供商,也是全球第四大综合物流服务提供商,仅次于联合包裹服务公司(UPS)、敦豪(DHL)和联邦快递(FedEx)。同时,顺丰控股还是时效快递领域当之无愧的领跑者,按2023年收入计,在中国的市场份额为63.9%。公司在包括快递、零担快运、冷运物流、第三方同城即时配送和民营独立第三方供应链解决方案等绝大多数物流细分领域均处于中国市场领导者地位。此外,亦是亚洲最大的快递、零担快运和同城即时配送物流提供商。公司的国际业务也在亚洲综合物流服务提供商中排名第一。物流网络遍布全球,稳居《财富》世界500强企业在亚洲物流服务提供商中,顺丰控股拥有最广泛的全球物流网络,持续助力其将商业模式成功复制到中国以外的亚洲其他市场乃至世界各地,建立全球影响力。公司位居《财富》世界500强企业之列,2024年获评《财富》最受赞赏的中国公司第二位,并连续8年上榜「《财富》最受赞赏的中国公司」。截至2024年6月30日,顺丰控股是中国最大的航空货运承运商,运营由99架全货机组成的亚洲最大的货机机队,在亚洲物流服务提供商中覆盖最多的国内和国际航线。截至同日,公司在全球范围内运营超过86,000辆干线及支线运输货车并拥有超过100,000辆收派配送车辆,这是亚洲最大的车队,覆盖亚洲最广泛的陆运网络。亦运营亚洲最广泛的服务网点网络和最大的收派员团队。货运枢纽方面,顺丰控股旗下鄂州货运枢纽是亚洲第一、全球第四座以货运为主的物流枢纽,具有战略价值和稀缺性。铁运方面,截至2023年12月31日,公司在亚洲物流服务提供商中运营的高铁线路以及国际线路数量最多,实现了亚洲最广泛的铁路覆盖。海运方面,按2023年TEU计,是亚洲第三大海运货运代理。庞大的业务规模与全球覆盖的物流网络,成就了顺丰控股稳固的行业领导地位。以「A+H」布局为支点,未来,公司将进一步在国际化征程中开疆扩土,打造新增长点。 Copyright 2024 亚太商讯 via SeaPRwire.com.
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中银人寿正式启动全球旅居养老金融布局 ACN Newswire

中银人寿正式启动全球旅居养老金融布局

香港, 2024年11月29日 - (亚太商讯 via SeaPRwire.com) - 本港步入高龄化社会,为满足对优质养老之庞大需求,中银集团人寿保险有限公司("中银人寿")正式启动全球旅居养老金融布局,联动中国银行(香港)("中银香港")发挥"银行+保险"优势,率先推出"旅․心活"旅居体验计划("旅․心活")[1],让港人以崭新的旅居方式,于"低物价指数、高生活品质"的宜居城市感受不同风土人情,深度体验以"六养合一"为理念的退休养老生活,尽情探索第二人生。"旅․心活"首阶段覆盖内地18大宜居城市,其中包括大湾区9个城市(除港澳外);整体布局先聚焦大湾区及华南华东地区,再辐射全国,后至东南亚及全球。中银人寿同时提供一系列针对财富增值传承、退休年金及每月入息之保险产品,协助客户创造稳定现金流,建立养老生活财务支付基础,配合全新会员制旅居体验计划,加上中银香港跨境支付配套及专属消费优惠,让客户实践退休后动态慢活新方式。中银人寿率先推出市场首创"旅‧心活"旅居体验计划,让港人以崭新的旅居方式,尽情探索第二人生。(左至右)中银人寿市场及产品发展总监魏志炜先生、中银香港个人数字金融产品部总经理周国昌先生、中银人寿执行总裁邓子平先生、中银信用卡(国际)总经理何伟文先生、中银香港个人金融及财富管理部副总经理温晞文女士。中银人寿"旅․心活"会员尊享内地旅居基地礼遇和"六养合一"新体验"旅․心活"提供糅合健康养生与旅行居住的全新体验,拥有三大亮点,包括提供内地18个宜居城市作为旅居基地,让会员按照喜好及不同季节选择合适居住地;以"六养合一"理念,关注膳食、居住环境、医疗及社交等需求,缔造身心灵满足;专属旅居管家提供一对一谘询及礼宾服务,更会提供突发情况处理支援。中银人寿特选客户成功登记成为"旅․心活"会员后,即可尊享崭新旅居礼遇。1.强势布局:中银人寿依托中国银行和中银香港的强大资源,伙拍不同战略合作伙伴建立强大旅居网络,精心挑选内地18大旅居基地,涵盖杭州、成都、青岛、南京、福州、长沙、大理、三亚、黄山及珠海等及其他8个大湾区宜居城市,让"旅․心活"会员在不同季节选择最适合的旅居地,开启探索第二人生。2.六养合一:以"六养合一"为理念,包括食养(专业健康膳食方案)、住养(高端酒店式康养居住环境)、医养(养生设施及专业医疗康养服务)、动养(人性化生活设施配套及多元化康体活动课程)、旅养(一对一免费谘询及礼宾服务以满足休闲观光及深度旅游需求)、谊养(建立养老社区促进交际),全方位缔造身心灵满足。3.专属旅居管家 尊贵配套:专属旅居管家提供一对一谘询及礼宾服务,由前期的旅居行程设计、行程资源代订,入住期间的景点美食推荐,以及突发情况处理支援,专属旅居管家均能线上线下全方位支援。运用"银行+保险"优势,结合非金融服务,携手打造优质退休生活中银人寿致力发挥"银行+保险"的独特优势,为客户退休后的旅居新模式提供多面向全体验,包括伙拍中银香港推出多元化现金流产品,如"月悦出息终身享保险计划"、"中银人寿延期年金计划(终身)"等,实现理想退休生活。现凡投保"月悦出息终身享保险计划"[2]即可成为中银人寿特选客户,可登记成为"旅․心活"会员,享受品味生活的尊贵礼遇,更有机会获免费旅居套餐[3],感受卓尔不凡的独特旅居体验。"旅‧心活"坐拥三大亮点,冀为客户带来"旅居养⽣"非凡新体验,实现理想退休生活。中银人寿未来将透过银行与保险的联动,让客户建立退休所需的财务保障,打造全方位的无忧退休方案。(左至右)艺人嘉宾黎彼得先生、中银信用卡助理总经理(信用卡业务)关文萱女士、中银香港个人金融及财富管理部副总经理温晞文女士、中银人寿市场及产品发展总监魏志炜先生、中银香港个人数字金融产品部助理总经理李健兴先生及艺人嘉宾孙慧雪女士。此外,为了协助港人无缝接轨内地消费模式,中银香港的中银银联双币卡及BoC Pay 电子钱包针对内地支付亦有一系列配套及专属优惠,推动客户于"旅․心活"18大旅居基地轻松享受无忧一站式跨境支付体验。同时,为协助港人实现不同的人生目标,"旅․心活"将进一步开放至中银香港"私人财富"客户,鼓励高端客户以崭新的旅居方式,打造惬意的优质退休生活,同时把财富代代相传。中银人寿执行总裁邓子平表示:"中银人寿与中银香港将加强协同,充分运用'银行+保险'优势,依托总行全球化及综合化资源,继续发挥领航者角色,与全球知名康养企业合作,共同建立'综合金融产品+多元养老服务'之养老金融服务方案,为客户缔造高品质的退休生活,满足市场庞大需求,积极推动银发经济发展,也为缓解香港高龄化社会问题贡献力量。"中银人寿市场及产品发展总监魏志炜表示:"随著人口结构转变,人口老化成为全球各地及香港关注议题。中银人寿早前首推'旅․心活'试点计划,邀请100位特选客户体验旅居,获得高度正面回馈,展示旅居市场的巨大潜力。退休并不是终点,而是享受生活的起点-我们冀藉著推出全新会员计划,让更多港人认识'旅居退休'新模式,为他们的退休生活提供更多选择,呈献不一样的非金融体验。"中银人寿举办"2024旅居生活巡礼" 沉浸式体验旅居魅力为全面推广旅居概念,中银人寿举办"2024旅居生活巡礼",透过沉浸式体验及精选特色活动,让参与者深入感受旅居城市的魅力及"六养合一"文化。中银人寿亦宣布冠名赞助HOY TV黄金时段节目 - 《中银人寿"旅․心活"旅居体验计划特约:退休旅居新模式》,希望协助港人轻松具体化退休后的理想旅居生活,并提早规划相对应的财务蓝图,发掘精彩第二人生。[1]更多中银人寿"旅․心活"旅居体验计划详情,请参阅:https://www.boclife.com.hk/tc/retirecation/home.html[2]更多"月悦出息终身享保险计划"计划详情,请参阅中银人寿公司网页以浏览产品小册子:https://www.boclife.com.hk/tc/product/incomejoy-lifelong-insurance-plan.html:[3]成功投保中银人寿指定保险产品,且符合指定保费要求,有机会尊享免费旅居体验套餐一次及专属旅居管家服务。优惠受条款及细则约束,详情请参阅:https://www.boclife.com.hk/tc/promotion/incomejoy-lifelong-insurance-plan-retirecation-reward.html Copyright 2024 亚太商讯 via SeaPRwire.com.
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Trescon’s World Blockchain Summit Rebrands to HODL, Signalling a Bold New Era for Innovations in Blockchain and Beyond ACN Newswire

Trescon’s World Blockchain Summit Rebrands to HODL, Signalling a Bold New Era for Innovations in Blockchain and Beyond

DUBAI, UAE, Nov 28, 2024 - (ACN Newswire via SeaPRwire.com) - Since its inception in 2017, the World Blockchain Summit (WBS) has grown into the world’s longest-running and most prestigious blockchain and Web3 event series, hosting 29 successful editions across 16 countries. Over the years, WBS has established itself as a key platform that unites global innovators, investors, and policymakers to shape the future of decentralised technology. Today, Trescon proudly announces the evolution of this iconic event with a bold rebranding to HODL, a name that embodies resilience, progress, and the limitless potential of blockchain and Web3 ecosystems.HODL will make its highly anticipated debut at the 30th global edition of the summit in Dubai, UAE, on April 28-29, 2025. This rebranding marks a significant shift toward positioning the event as a premier platform for serious business, innovation, and deal-making in the blockchain space.Why the RebrandThe transition from WBS to HODL reflects the evolution of the event from a conference series to a strategic platform driving real business outcomes. HODL now embraces not only blockchain but also the broader horizons of innovation and collaboration within Web3, crypto, and emerging decentralised systems. The focus is on creating meaningful connections between ground-breaking blockchain projects, pre-qualified investors, enterprise leaders, and government regulators. This shift reflects a commitment to facilitating collaborations that will shape the future of the blockchain industry.What to Expect at HODL 2025 in DubaiTrailblazing Thought Leaders: Hear from top blockchain innovators, industry pioneers, and government representatives shaping the future of blockchain and decentralised ecosystems.Deal-Making Opportunities: Engage with pre-qualified investors actively seeking the next big blockchain projects.Enterprise & Government Collaborations: Dive into discussions on regulatory frameworks, public-private partnerships, and enterprise adoption strategies for blockchain.Cutting-Edge Innovations: Witness live showcases of groundbreaking blockchain use cases, crypto solutions, and Web3 technologies from around the world.Dubai, known for its progressive blockchain policies and visionary leadership, is the perfect launchpad for the HODL brand. With Dubai’s commitment to becoming a global hub for blockchain and Web3 innovation, HODL is poised to make an unprecedented impact on the world of blockchain.QuotesMohammed Saleem, Founder and Chairman, Trescon, commented:“The rebranding of World Blockchain Summit to HODL marks a pivotal moment in our journey as we move beyond simply hosting events to becoming a true enabler of blockchain and Web3 innovation. With HODL, we aim to create a future-focused, results-driven platform that empowers projects, investors, and governments to collaborate meaningfully and shape the next era of decentralized technology.”Anil Kumar, COO, Trescon, added:“HODL isn’t just a rebrand—it’s a redefinition of what a blockchain event should be. It is a testament to our vision of facilitating real outcomes through deal-making, partnerships, and showcasing transformative blockchain solutions to the world. Dubai, with its ambitious blockchain agenda, is the perfect stage for this transition.”The Legacy of WBSFor nearly a decade, the World Blockchain Summit has led the way in blockchain adoption, creating a legacy as the longest-running Web3 event. The rebrand to HODL builds on this legacy, signalling a more strategic, business-centric approach to blockchain’s integration into industries and society.Join Us at HODL 2025 in DubaiMark your calendars for April 28-29, 2025, and join us in Dubai for HODL – The Vanguard of Blockchain and Beyond, where innovation meets opportunity.For more details and early registrations, visit: hodlsummit.com/dubai2025.About HODLHODL is an event by Trescon that supports the growth of the blockchain, crypto and Web3 ecosystem globally. It is the world's longest-running blockchain, crypto, and web 3-focused summit series. Since its inception in 2017, it has hosted more than 20 editions in 11 countries and strives to create the ultimate networking and deal flow platform for the Web3 ecosystem. Each edition brings together global leaders and emerging start-ups in the space, including investors, developers, IT leaders, entrepreneurs, government authorities, and others.About TresconTrescon is a global leader in business events, focusing on the adoption of emerging technologies and sustainable solutions. With a portfolio of industry-leading events, including HODL (formerly WBS), Trescon is dedicated to creating platforms that foster innovation, collaboration, and economic growth.Media Contact:Shadi DawiSenior DirectorPR, Comms., and Partnerships, Global & MEAE: shadi@tresconglobal.com | M: +971 55 498 4989 Copyright 2024 ACN Newswire via SeaPRwire.com.
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LANGHAM BEAUTY Green Vitality ACN Newswire

LANGHAM BEAUTY Green Vitality

Download images: https://shorturl.at/o22GsHONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - As the holiday season approaches, Champion REIT (Stock Code: 2778) is pleased to announce its “Green Vitality” festive campaign at its all-in-one beauty landmark, LANGHAM BEAUTY. It has unveiled the immersive sustainable Christmas decorations in collaboration with a local environmental art curation studio*. A Beauty Empties Recycling Programme was also launched, with a goal of promoting green lifestyle through innovative and diverse art while sharing festive joy with the community.Embracing Sustainability with Immersive Christmas DecorationsThis green Christmas campaign at LANGHAM BEAUTY presents "The Urban Oasis", a sustainable art installation created in collaboration with a local environmental art curation studio. This immersive display symbolises a tranquil green oasis amidst the bustling city, encouraging the public to connect with nature. Located on L1 of Langham Place, the nature-infused display features 250 recycled plastic decorations and reusable steel structures. As stepping in, visitors will be greeted by the soothing sounds of chirping birds and the fresh scent of Christmas trees, inviting them into an immersive natural healing experience. To promote sustainability, these Christmas trees and over 60% of the plants will be replanted and upcycled after the event, giving these beautiful plants a second life.*Earthero Studio is an environmental curation and consulting firm that uses art as a medium to convey ecological messages. In 2022, they organized Asia's first sustainable fashion art exhibition. The studio also operates a clothing brand that upcycles surplus fabrics and second-hand items into new, fashionable pieces.Partnering with V Cycle to Launch the Beauty Empties Recycling ProgrammeAnother highlight is the launch of “Green Vitality Beauty Empties Recycling Programme" in partnership with the eco-conscious social enterprise V Cycle. Through this initiative, the public can drop off empty plastic beauty product containers at the nature-inspired collection point on L2 of LANGHAM BEAUTY, from which the collected empty bottles will be processed and transformed into valuable resources by V Cycle. This lush greenery backdrop also provides a perfect spot for photos while encouraging customers to embrace a greener lifestyle through collective recycling efforts.Introducing a New Beauty Zone with Leading International BrandsLANGHAM BEAUTY has recently completed its expansion with a new zone featuring a selection of high-quality international beauty brands. The new additions include Hong Kong's first Valentino Beauty counter; Hourglass, the American vegan makeup brand committed to animal rights; JSM Beauty, founded by South Korean legendary makeup artist Jung Saem Mool; Japan's prestigious skincare brand Albion; and Europe's luxurious Helena Rubinstein. These brands offer diverse beauty choices and exceptional customer experiences, reinforcing LANGHAM BEAUTY's status as a premier one-stop-for-all beauty destination.Innovative Services with the First 'Shop-to-Point' Seamless ExperienceTo make holiday shopping more convenient, LANGHAM BEAUTY has partnered with SF Express Hong Kong to launch the first beauty-themed "Shop-to-Point" service station in the city, offering free same-day delivery* with no minimum spend. Additionally, our e-store continues to expand product selection, ensuring a seamless shopping experience both in-store and online. *Yau Tsim Mong District Exclusive. Order before 3pm for same-day delivery.From left: Ms. Christina Hau, CEO of Champion REIT and Ms Grace Chan Hoi Lam, Celebrity unveil the sustainable Christmas art installationFrom left: Mr Eric Swinton, Founder & CEO of V Cycle; Ms Bertha Shum, CEO of Earthero Studio;Ms Christina Hau, CEO of Champion REIT; Ms Grace Chan Hoi Lam, Celebrity;Ms Iris Li, General Manager of LANGHAM BEAUTY join the kick-off ceremonyThis Christmas, join us at LANGHAM BEAUTY to celebrate a sustainable holiday. Let's bring green ideas to life through our collective efforts and immerse ourselves in the creativity and vibrant green aesthetics of LANGHAM BEAUTY!LANGHAM BEAUTY “The Urban Oasis” Eco Christmas Art InstallationDate and time:27 November 2024 to 2 January 2025Monday to Thursday: 11:00 AM - 10:00 PMFriday to Sunday: 11:00 AM - 10:30 PMVenue:L1, Langham Place, Mongkok LANGHAM BEAUTY Green Vitality Beauty Empties Recycling ProgrammeDate and time:27 November 2024Monday to Thursday: 11:00 AM - 10:00 PMFriday to Sunday: 11:00 AM - 10:30 PMRecollection point:LANGHAM BEAUTY L2, Langham Place, MongkokAbout Champion REIT (2778)Champion Real Estate Investment Trust is a trust formed to own and invest in income-producing office and retail properties. The Trust focuses on Grade-A commercial properties in prime locations. It currently offers investors direct exposure to nearly 3 million sq. ft. of prime office and retail area. These include two Hong Kong landmark properties, Three Garden Road and Langham Place, as well as a joint venture stake in 66 Shoe Lane in Central London. The Trust has been awarded the top five-star rating by GRESB since 2023.About Langham BeautyLangham Beauty is a premier beauty concept store located on L1 & L2 of Langham Place in Mong Kok. It features over 60 top-tier brands in beauty, skincare, fragrance, haircare, and body care, including ARMANI BEAUTY, CHANEL BEAUTÉ, DIOR BEAUTY, ESTÉE LAUDER, LANCÔME, SHISEIDO, SK-II, and VALENTINO BEAUTY etc. Our mission is to transform customers' beauty journeys, providing a one-stop shopping experience that caters to the beauty aspirations of every woman. At Langham Beauty, we believe that staying true to oneself and embracing nature are the first step to achieving confidence and natural beauty.Langham Beauty breaks conventions by integrating three essential elements: human, nature, and technology, to present a diverse aesthetic. We are committed to environmental sustainability in beauty and leverage technological innovations to balance beauty consumption while giving back to nature. Langham Beauty serves as a bridge between luxury beauty and the natural world, ensuring that our customers experience the essence of " Be True in Life, Be Kind to Earth, Be a Beautiful You" while nurturing both their outer and inner beauty.​​About Langham PlaceLangham Place, under Champion REIT, is strategically situated in the bustling heart of Mong Kok, Kowloon. This iconic 15-story landmark serves as a premier destination for fashion enthusiasts. Boasting nearly 200 retail outlets, Langham Place offers a diverse array of international and local fashion brands, an eclectic mix of dining options, a state-of-the-art cinema, and the expansive beauty concept store, LANGHAM BEAUTY. The mall elevates the social and shopping experience by hosting a variety of cultural and creative promotional activities throughout the year. Notably, Langham Place is the first property in Hong Kong to achieve the EDGE (Excellence in Design for Greater Efficiencies) certification for existing buildings and has been honored with the Platinum rating by BEAM Plus, the highest accolade for existing buildings. Copyright 2024 ACN Newswire via SeaPRwire.com.
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SF Holding successfully listed in Hong Kong ACN Newswire

SF Holding successfully listed in Hong Kong

HONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - As a pillar of global economy, the logistics industry represents a multi-trillion dollar market opportunity with enormous scope for imagination. Among all regions, Asia is one of the regions with the largest, fastest-growing and least concentrated logistics market. It has the most attractive growth prospects and has also given birth to the well-established logistics giant.On 27 November 2024, S.F. Holding Co., Ltd. (6936. HK), the leader in the Asian logistics industry, went public in Hong Kong. According to the company's announcement, the offer price of SF Holding has been set at HK$34.30 per H-share, raising a total of HK$5.83 billion. Through this IPO, the Company aims to further promote internationalization strategy, establish overseas equity financing platforms, optimize international brand image, and enhance comprehensive competitiveness.High-quality service builds brand powerOver the past decade, with the “1-to-n” expansion strategy, SF Holding has quickly transformed from China’s leading time-definite express delivery service provider into a leading global integrated logistics service provider. The Company provides full-spectrum logistic services, including time-definite express delivery, economy express delivery, freight delivery services, cold chain logistics services, intra-city on-demand delivery services, supply chain services and international logistics services, and provides one-stop solutions to multinationals, large corporations, small and medium enterprises and retail customers.Leveraging its integrated capabilities, SF Holding provides full spectrum of services catering to the diverse logistics needs of customers across industry verticals, and becomes the go-to brand of customers for differentiated and premium services. In terms of fresh and seasonal food, the Company is the undisputed leader in China, providing doorstep delivery of live Yangcheng Lake hairy crabs, lichee, mango, and more to customers all over China. In terms of pharmaceuticals, it is among the very few logistics players globally to offer one-stop and highly reliable vaccine transportation solutions. In terms of luxury, it is the first to provide luxury time-definite express “SF Shangpai”, a delivery service with couriers dressed in tailored suits and trained in brand storytelling.As a testament to its leadership in time-definite express and exceptional services, SF Holding has been ranked first in overall customer satisfaction for 15 consecutive years (2009 to 2023). It has been enlisted among Fortune’s Global Top 500 companies for three consecutive years, distinguishing itself as the only private Chinese logistic enterprise on the list, securing the 415th position in 2024.Sustainable development of business is driven by technologyFor modern logistics enterprises, technological progress may significantly optimize warehouse management, improve delivery accuracy, and enhance customer experience, bringing about a dual improvement in economic and social benefits. Under the concept of technology driven, SF Holding utilizes proprietary technology and innovation to digitize internal management, improve operational efficiency, and accelerate business expansion.At present, SF Holding has embedded technologies in every aspect of its operations. It employs a data-driven approach to empower its first-mile pickup to last-mile delivery services. At the same time, it has adopted a digitalized dispatch scheduling and management system that optimizes efficiency for its land, air, and multimodal transportation. To enhance financial performance management, the Company has developed an advanced data modeling and analytical system. This system aids business teams in pinpointing potential areas for cost-reduction, facilitating efficient operational management and decision making.SF Holding has been widely recognized for its achievements in technological innovations. It was on Fortune Magazine’s Most Influential IoT Innovation List in 2022 and 2023. As of 30 June 2024, it had 4,199 patents and patent applications, being ranked the first among the global top four integrated logistics service providers, and 2,535 software copyrights in the fields of automation, big data and smart hardware, among others, according to Frost & Sullivan.SF has achieved significant scale, growth, and profitability, and is now at an inflection point for high-quality and sustainable growth. In the first three quarters of 2024, the Company achieved a revenue of RMB206.9 billion, representing a year-on-year increase of 9.4%, and net profit attributable to owners of the Company of RMB7.6 billion, representing a year-on-year increase of 21.6%. Upon successful “A-to-H” listing, the Company is believed to have a more stable and solid path of long-term endogenous growth in the future. Copyright 2024 ACN Newswire via SeaPRwire.com.
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Expert Systems Announces FY25 Interim Results ACN Newswire

Expert Systems Announces FY25 Interim Results

HONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - Expert Systems Holdings Limited (“Expert Systems” or the “Group”; Stock Code: 8319), a leading technology and innovation company in the Asia-Pacific region, today announced the unaudited interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 September 2024 (the “Reporting Period”). During the Reporting Period, the Group actively responded to market challenges and achieved an increase in gross profit margin despite the downward adjustment in business volume, demonstrating its strong business resilience.During the Reporting Period, the Group recorded revenue of approximately HK$437.2 million. Gross profit amounted to HK$70.9 million, and profit for the 1HFY2025 was HK$7.1 million. The market environment remained uncertain due to factors such as the global economic slowdown and the ongoing Sino-US competition. Nevertheless, the Group actively addressed the market challenges by optimizing its product mix and implementing effective cost-management measures. As a result, its gross profit margin increased from 14.6% in the same period last year to 16.2% during the Reporting Period, underscoring its unwavering business resilience.Mr. Andy Lau, CEO and Executive Director of Expert Systems, said: "Recognizing that the macro environment has been impacted by numerous uncertainties, we have not only made efforts to address challenges, but also adjusted our strategies and optimized our costs. In operating our product lines, we have focused our resources on businesses with high growth potential, including cybersecurity, automation, artificial intelligence (AI) and managed services. Through the close cooperation between our subsidiaries, we have been able to realize their respective advantages and provide comprehensive, one-stop solutions to meet the diverse needs of customers. This horizontal development has helped us to integrate the strengths of various business segments, which has not only enabled us to provide customers with high-value-added integrated solutions, but also enhanced our competitive advantage and laid a solid foundation for our business growth. While optimizing our product portfolio, we have also maintained effective capital allocation, focused on profit margin improvement, and actively responded to the changing business environment."BUSINESS REVIEWIT Infrastructure SolutionsThe Group has continued to provide world-class IT infrastructure solutions to corporate and institutional customers to meet their needs. In light of the frequent occurrence of cybersecurity incidents in recent years, the Group is committed to deploying appropriate cybersecurity solutions to safeguard its customers’ valuable IT assets. Additionally, in response to customers’ strong demand for automation, the Group also provides a wide range of IT infrastructure solutions that align with market trends and the surging demand. Among them, AI can comprehensively assist customers with business automation. To this end, the Group has developed a series of Generative AI (“GenAI”) applications and now offers a one-stop service that encompasses everything from infrastructure to GenAI applications, thereby eliminating any deployment and maintenance support concerns for customers. At this stage, the Group will prioritize allocating resources to two business growth engines of cybersecurity and automation (including AI). This focus aims to enhance its product portfolio and technical support, committed to providing customers with more valuable and comprehensive solutions, thereby driving business growth.IT Infrastructure Management ServicesThe Group anticipates growth in demand for IT infrastructure management services throughout the Asia-Pacific region. The Group’s service desk centers in Guangzhou and Kuala Lumpur provide IT outsourcing, help desk and other services to corporate and institutional customers, supporting over 60,000 incidents each month in seven languages. To address new demand, the Group plans to relocate the Guangzhou service desk center to a new facility and expand its capacity. Furthermore, the Group aims to extend its offerings to managed professional services (MPS), including a Network Operation Center (NOC) and Security Operation Center (SOC). All the above are expected to be completed by the first half of 2025. The service desk centers in both locations will create synergies, effectively balancing resources across regions and providing flexible services to customers, which further enhance the Group’s ability to meet the diverse customer needs. In addition, in response to the rising number of cybersecurity incidents, the Group has increased its resources to provide comprehensive cybersecurity consulting services, aiming to help customers proactively prevent cybersecurity incidents.AI BusinessThe Group continues to boost its GenAI business and has successfully developed a series of GenAI products based on cloud or on-premises large language models (“LLM”) for its corporate and institutional customers. The GenAI product series, namely ChatSeries, which includes ChatEnquiry, ChatMinutes and ChatSerivceDesk, offering a variety of functionalities to meet customer needs. Benefiting from the accelerated development of the AI ecosystem in Hong Kong, the Group has received a significant number of inquiries from clients, indicating the strong market demand. This sector is expected to be one of the key drivers in new business growth for the Group.Mr. Lau concluded: "As we enter 2025, Expert Systems will celebrate its 40th anniversary. The two core businesses of IT infrastructure solutions and IT infrastructure management services, as the cornerstones of Expert Systems, provide us with a solid foundation in a volatile market environment, while allowing us to actively develop new AI businesses. Looking ahead, Expert Systems will continue to focus on implementing strategic initiatives, including optimizing product portfolio and cost management, and continue to invest in technological research and development. We will actively respond to market challenges, strive to create value for shareholders and stakeholders, and drive the company to achieve sustainable growth."About Expert Systems Holdings Limited (Stock code: 8319)Established since 1985, Expert Systems Holdings Limited (“ESHL”) is a leading technology and innovation company which operates under the brands “Expert Systems”, “ServiceOne” and “Expert AI Enabling” with around 1,000 IT professionals. We are principally engaged in the provision of IT infrastructure solutions, IT infrastructure management services, and in the development and provision of AI products and AI solutions for corporate and institutional customers in the Asia-Pacific region. For more information, please refer to ESHL's website: https://www.expertsystems.com.hk/.Media Enquiries:Strategic Financial Relations LimitedHeidi SoTel: (852) 2864 4826Email: heidi.so@sprg.com.hkRachel KoTel: (852) 2114 2370Email: rachel.ko@sprg.com.hkMaggie KoTel: (852) 2864 4890Email: maggie.ko@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
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SCIB Reports 14.6% Revenue Growth to RM45.1 Million in Q1FY2025 ACN Newswire

SCIB Reports 14.6% Revenue Growth to RM45.1 Million in Q1FY2025

KUCHING, MALAYSIA, Nov 28, 2024 - (ACN Newswire via SeaPRwire.com) - Industrialised building systems specialist, Sarawak Consolidated Industries Berhad ("SCIB" or the "Company") is pleased to announce its unaudited financial results for the first quarter of the fiscal year 2025 (“Q1 FY2025”). The Company reported a revenue of RM45.1 million, marking a 14.6% year-on-year increase compared to RM39.4 million in Q1 FY2024. The growth in revenue is largely due to the increased recognition of construction works done from ongoing projects.Ku Chong Hong, Managing Director of SCIBAs for Q1FY2025, SCIB's Manufacturing division continues to play a pivotal role in the Company’s performance, contributing RM32.5 million to the total revenue, a 9.80% increase from RM29.6 million in Q1 FY2024. This growth was primarily driven by increased sales of foundation piles and Industrialised Building System (“IBS”) products, especially for major projects such as the Kuching Urban Transportation System (“KUTS”), the Sarawak Second Trunk Road (“STR”) and school projects in Sarawak.Profit Before Tax (“PBT”) for the manufacturing segment stood at RM3.8 million. Meanwhile, the Construction/Engineering, Procurement, Construction and Commissioning (“EPCC”) division reported revenue of RM12.6 million, an increase from RM9.8 million in the same quarter last year. However, the segment recorded a Loss Before Tax (“LBT”) of RM2.0 million due to unanticipated unrealised foreign exchange loss recognised. The division remains focused on delivering ongoing projects while exploring new opportunities for expansion.During the quarter, SCIB maintained its commitment to strengthening its financial foundation and broadening its project portfolio. The Company has secured a contract worth RM162.0 million for development and infrastructure works under the Program Perumahan Penjawat Awam (“PPAM”) in Mualim, Perak. Additionally, SCIB had recently acquired a 2.49-hectares land parcel at Bintulu Sibiu Road, Bintulu, for RM9.2 million, followed by another parcel of 7.3-hectares land in Jalan Bintulu-Sibu as part of its plan to collaborate with developers for residential housing projects that utilise SCIB’s high-quality products and industry expertise, while expanding SCIB’s products and services offering to serve the fundamental needs of the Sarawak market.Mr. Ku Chong Hong, Managing Director of SCIB, commented, “The results of Q1 FY2025 reflect the challenges of a dynamic economic environment. However, we remain steadfast in our commitment to strengthening the financial foundation of the Company. Besides targeting to secure projects consistently, the recent securing of financial facilities from SME Bank and the proposed private placement of 10.0% of SCIB’s total issued shares underscore our focus on enhancing our cash position and ensuring financial stability to support our operational and strategic initiatives."Looking ahead, SCIB remains optimistic about Malaysia’s construction sector, bolstered by the record allocation in Budget 2025 of RM421 billion, including RM86 billion for development expenditure. The RM5.9 billion allocated for Sarawak, aimed at upgrading public infrastructure such as schools, healthcare centres, and airports, as well as large-scale projects like the Sabah-Sarawak Link Road (“SSLR”) and the North Coastal Highway, aligns seamlessly with SCIB’s expertise and strategic direction. The Company is poised to leverage its manufacturing capabilities and strategic initiatives to secure a strong foothold in both local and regional markets, ensuring sustainable growth and long-term value for its stakeholders.ABOUT SARAWAK CONSOLIDATED INDUSTRIES BERHADSarawak Consolidated Industries Berhad (“SCIB”) was founded in 1975 and has evolved from a small enterprise into a reputable Group of companies listed on the Main Market of Bursa Malaysia Securities Berhad. Currently, SCIB is operating three factories in Kuching, Sarawak, one factory in the Pending Industrial Estate and two factories in the Demak Laut industrial park.SCIB is well known for professional management and has long history of innovative ideas and technological advances. Coupled with its wealth of experience and research acquired in more than three decades, SCIB offers its clients in-depth expertise through a combination of technology, efficiency and speed.For more information, visit scib.com.my.Issued By: Swan Consultancy Sdn. Bhd. on behalf of Sarawak Consolidated Industries BerhadFor more information, please contact:Jazzmin WanEmail: j.wan@swanconsultancy.bizStephanie ChowEmail: s.chow@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
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Cropmate Berhad IPO Oversubscribed by 84.88 Times ACN Newswire

Cropmate Berhad IPO Oversubscribed by 84.88 Times

KUALA LUMPUR, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - Cropmate Berhad (“Cropmate” or the “Company”), a key player in the conventional and specialty fertiliser manufacturing industry in Malaysia, is pleased to announce that its Initial Public Offering (IPO) for the Malaysian public has been oversubscribed by 84.88 times, indicating strong investor interest in Cropmate’s growth trajectory and prospects.Managing Director of Cropmate Berhad, Mr. Lee Chin YokCropmate’s IPO of 260.00 million ordinary shares (“IPO Shares”) consists of a Public Issue of 210.00 million new ordinary shares (“Issue Shares”) and an Offer for Sale of 50.00 million shares (“Offer Shares”) involving:(I) Institutional offering of 208.34 million IPO Shares in the following manner:158.34 million Issue Shares allocated via private placement to institutional and selected investors, including 42.25 million Issue Shares approved for Bumiputera investors by the Ministry of Investment, Trade and Industry (“MITI”); and50.00 million Offer Shares allocated via private placement for Bumiputera investors by the MITI.(II) Retail offering of 51.66 million IPO Shares in the following manner:36.90 million Issue Shares made available for application by the Malaysian public via balloting, with an equal allocation between Bumiputera and non-Bumiputera investors; and14.76 million Issue Shares reserved for application by the eligible directors of the Company, employees of Cropmate and its subsidiary (“Group”) and persons who have contributed to the success of the Group (“Eligible Persons”).The Group received a total of 21,392 applications for 3,169,052,100 Issue Shares with a value of approximately RM633.81 million were received from the Malaysian public, which represents an overall oversubscription rate of 84.88 times. For the Bumiputera portion, a total of 10,745 applications for 1,368,843,700 Issue Shares were received, which represents an oversubscription rate of 73.19 times. For the public portion, a total of 10,647 applications for 1,800,208,400 Issue Shares were received, which represents an oversubscription rate of 96.57 times.The 14.76 million Issue Shares made available for application by the Eligible Persons were fully subscribed.Under the Institutional Offering of 208.34 million of IPO Shares, the Bookrunner has confirmed that it has received interests to subscribe the 158.34 million Issue Shares allocated via private placement to institutional and selected investors, including 42.25 million Issue Shares for Bumiputera investors by the MITI, as well as 50.00 million Offer Shares allocated via private placement for Bumiputera investors by the MITI.Managing Director of Cropmate Berhad, Mr. Lee Chin Yok, expressed, “The robust response to our IPO reflects the trust that investors have placed in Cropmate’s business and strategic direction. We are grateful for this overwhelming support and excited to move forward with our plans to enhance our operations and customer service capability to meet the growing demand for our fertilisers.”Mr Lee also added, “The enthusiastic response from investors underscores their belief in Cropmate’s future potential. This support motivates us to strengthen our operations and continue innovating to meet the evolving needs of the agriculture industry.”Group Managing Director/Chief Executive Officer of Hong Leong Investment Bank Berhad (“HLIB”), Ms. Lee Jim Leng, remarked, “The strong demand for Cropmate’s IPO is a testament to the investment community’s recognition of the Company’s solid management team and their prospects. Cropmate is well-positioned to make a meaningful impact in the agricultural sector, and we are honoured to support them in their journey.”Hong Leong Investment Bank Berhad is the Principal Adviser, Sponsor, Underwriter and Bookrunner.Cropmate Berhad is scheduled to make its debut on the ACE Market of Bursa Securities on 5 December 2024.About Cropmate Berhad (“Cropmate”)Founded in 2018, Cropmate Berhad is an established fertiliser manufacturer and supplier in Malaysia, specialising in the formulation and blending of conventional and specialty fertilisers. With a focus on innovation and sustainability, Cropmate offers a wide range of products designed to enhance agricultural productivity, including compacted and blended fertilisers, as well as semi-organic, organic, and liquid fertilisers. Led by industry veterans with decades of experience, Cropmate is committed to supporting farmers in improving crop yield and quality. As the first pure-play fertiliser company listed on Bursa Malaysia, Cropmate continues to advance its mission of contributing to the growth and sustainability of the agricultural sector.For more information, visit https://www.cropmate.com.my/Issued By: Swan Consultancy Sdn. Bhd. on behalf of Cropmate BerhadFor more information, please contact:Jazzmin WanEmail: j.wan@swanconsultancy.bizWilliam YeoEmail: w.yeo@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
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Survey: New Opportunities in Cross-border E-commerce ACN Newswire

Survey: New Opportunities in Cross-border E-commerce

HONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Export Credit Insurance Corporation (HKECIC) and Hong Kong Trade Development Council (HKTDC) jointly released a research study today, titled "Unleashing the Lucrative Potential of Cross-border E-commerce for Hong Kong Traders". The study revealed that 90% of surveyed companies anticipated that cross-border e-commerce could drive significant sales growth in the business in the next two years. However, the market-related challenges continue to persist, including intense market competition, complex customs clearance procedures and the management of returns and refunds. In light of these challenges, experts recommend developing appropriate online marketing and sales strategies, enhancing risk management and adopting efficient logistics and delivery practices to better seize the opportunities presented by cross-border e-commerce.Mr Terence Chiu, Commissioner of HKECIC, said, “The joint research study of the HKECIC and the HKTDC helps the industry in gaining deeper understanding of the latest development in expanding cross-border e-commerce, as well as outlining the challenges faced by businesses and the support they needed. While cross-border e-commerce has seen a significant growth in recent years, the study highlighted that the market remains highly competitive, and the ecosystem and related infrastructure still require further improvement. In addition, many e-commerce businesses have limited assets and insufficient collateral to secure financing from traditional banks and financial institutions, reflecting the ongoing challenges in the e-commerce environment. This year, the HKECIC has collaborated with a fintech and a reinsurance company, and also a bank to develop bespoke trade credit insurance solutions, aiming to provide coverage for trade loans to Hong Kong e-commerce businesses. These initiatives encourage and support local enterprises in securing trade financing and expanding into cross-border e-commerce. The HKECIC will actively seek collaboration with more financial institutions, in line with the 2024 Policy Address, to better support Hong Kong businesses in securing e-commerce export financing. By leveraging its expertise in trade credit insurance and risk management, the HKECIC is dedicated to assisting Hong Kong businesses in maintaining their competitive edge, helping them explore new overseas markets, mitigate trade risks and reduce operating costs.”Dr Patrick Lau, HKTDC Deputy Executive Director, said, “E-commerce has become a key driver of the global economy. The World Bank estimates that global B2C e-commerce sales will reach US$6 trillion by 2024, with Mainland China leading the way – over a quarter of retail consumer goods sales occur online. In collaboration with the HKECIC, the study aims to help Hong Kong businesses explore new markets and seize opportunities. The HKTDC will continue to support local companies in engaging with e-commerce and taking advantage of growth opportunities on the global stage.”From June to August 2024, the HKECIC and the HKTDC conducted phone and online interviews with 352 local trade and manufacturing companies to assess the development of Hong Kong companies’ cross-border e-commerce operations, while also detailing the challenges they face and identifying the support services they require.Driving significant sales growth in the next two yearsAs network technology has become more widespread, while electronic payment services are now ubiquitous and e-commerce platforms have come to offer an ever-expanding range of services, even new entrants and smaller businesses can easily develop cross-border e-commerce operations on a global basis. 90.0% of surveyed companies anticipated that cross-border e-commerce could raise their total sales revenue in the next two years.The surveyed companies in general indicated that cross-border e-commerce positively impacts their expansion plans whether via broader sales channels (69.0%), new market opportunities (50.3%), or enhanced brand awareness (48.9%).Reaching out to global markets: Focusing on the Mainland and ASEANHKTDC Principal Economist Wing Chu, who led the study, said, “The scope of cross-border e-commerce business for Hong Kong companies spans all parts of the world, covering markets, such as Mainland China (75.2%), ASEAN (53.0%), the US (42.2%), Japan (30.9%) and the EU (30.0%). Looking ahead, respondents generally agreed that, for the next two years, Mainland China (61.6%) and ASEAN (44.3%) offer the greatest growth potential. The surveyed companies generally hope to make use of risk management to meet market competitiveness and the challenges outlined, such as insurance for cargo transportation or payments (39.8%), e-commerce promotion (34.4%) and logistics services for both delivery and product returns (33.5%).”Coping with online and offline challengesCross-border e-commerce operators must confront a variety of practical issues relating to both online and offline procedures, including goods delivery, platform charges, exchange rates and refunds as well as market, regulation and financing issues.Of the companies surveyed, 38.4% said that customs clearance procedures in Mainland China and foreign markets are complex, with 31.3% indicating that product returns involve complicated procedures and / high costs, and 29.8% finding it difficult to manage practical issues, such as the international delivery of small orders.Regarding the issues of platform charges, exchange rates and refunds, the high commission rates charged by third-party e-commerce platforms and long payment periods were identified as challenges by 51.1% of respondents. Meanwhile, 46.6% said fluctuating exchange rates or high exchange costs were problems they faced during their cross-border e-commerce operations. 28.4% were concerned about the expansive costs about refund policy.In addition, companies must contend with a wide range of difficulties. Majority of the surveyed companies (84.9%) noted that developing cross-border e-commerce presented market-related challenges, such as keen market competition. Meanwhile, 54% indicated regulatory issues, and 41.2% encountered financial challenges.Leveraging Hong Kong's advantages to unlock global e-commerce opportunitiesIn addition to the questionnaire, HKTDC also interviewed a number of companies engaged in cross-border e-commerce or related businesses. According to expert’s opinion, though the mainland market is huge in scale, the competition is keen. Overseas opportunities abound, such as the advanced economies of Europe and America have mature online shopping markets and e-commerce markets in Southeast Asia.In addition, online sales strategies tailored to target markets are of prime importance, including the collaboration with KOL or influencers and using short-form videos to attract consumers.The study also highlighted Hong Kong's excellent logistics capabilities and extensive air cargo network as well as its well-developed financial markets and diverse financing services, which are well-suited to meeting the financial needs of e-commerce. Meanwhile, Hong Kong serves as an ideal gateway for foreign products entering Mainland China, with the Hong Kong brand enjoying a competitive edge in the region.Photo download: https://bit.ly/3Bb95BADr Patrick Lau, Deputy Executive Director, HKTDC (left) and Terence Chiu, Commissioner, HKECIC (right)Dr Patrick Lau, Deputy Executive Director, HKTDC (second left); Terence Chiu, Commissioner, HKECIC (second right); Wing Chu, Principal Economist, HKTDC (first left); and Cynthia Chin, General Manager, HKECIC (first right)References- HKTDC Research Portal https://research.hktdc.com/en- Unleashing the Lucrative Potential of Cross-border E-commerce for Hong Kong Traders https://research.hktdc.com/en/article/MTg1OTQ2Mzk3MwAbout HKECICThe HKECIC was established in 1966 under the Hong Kong Export Credit Insurance Corporation Ordinance (Chapter 1115). Through the provision of export credit insurance services, the HKECIC protects Hong Kong exporters who trade on credit terms with overseas buyers against non-payment risks and helps them conduct export business in a prudent manner. The HKSAR Government provides a guarantee of HK$80 billion for HKECIC’s contingent liability.About 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. Follow us on Twitter @hktdc and LinkedInMedia enquiriesHKECICCorporate Communication DivisionTina NgTel: (852) 2732 9998Email: tina.ng@hkecic.comHKTDCCorporate Communication & Marketing DepartmentSharon HaTel: (852) 2584 4575Email:sharon.mt.ha@hktdc.orgYuan Tung Financial Relations LimitedLouise SongTel: (852) 3248 5691Email: lsong@yuantung.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
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Kingworld-Longde Life and Health Industrial Park Grand Opening ACN Newswire

Kingworld-Longde Life and Health Industrial Park Grand Opening

HONG KONG, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - Kingworld Medicines Group Limited ("Kingworld Medicines" or the "Group", stock code: 01110.HK), a leading healthcare distribution company, announced that the Group's Kingworld • Longde Life and Health Industrial Park ("Longde Health Industrial Park" or "Industrial Park") in Bao’an Technology City, Longgang District, Shenzhen, has officially commenced operations. The opening ceremony, investment promotion conference, and investor tour were successfully held, marking a new chapter in the Group's 30-year journey in the healthcare industry and establishing a national-level pharmaceutical industry incubation and investment base for the Greater Bay Area. On the same day, Kingworld and Foci jointly launched their new product "Foci Kingworld An Gong Niu Huang Wan."Zhao Li Sheng, Chairman of Kingworld Medicines,attended the grand opening ceremony of Kingworld • Longde Life and Health Industrial Park.The Longde Health Industrial Park was developed according to the national health industry development strategy and aligned with Shenzhen and Longgang District's industrial development plans. Located at the strategic intersection of Shenzhen's Eastern High-speed Rail New Town and International Low-Carbon City, the park covers 10,000 square meters with a total construction area of 57,000 square meters. The park features high-standard production facilities and supporting infrastructure, including pharmaceutical waste treatment facilities, backup power supply systems, and centralized pharmaceutical wastewater treatment systems, providing comprehensive support for the diverse needs of resident enterprises.Construction of Kingworld • Longde Life and Health Industrial Park began in December 2020,planned as a comprehensive park integrating R&D,production, and office facilities for traditional Chinese medicine, Hong Kong medicine, and other health industry enterprises.As a key strategic project of Kingworld Medicines, the Longde Health Industrial Park leverages Kingworld's 30-year global pharmaceutical supply chain resources, mature sales network, and marketing capabilities. It actively integrates pharmaceutical supply chain resources to help park enterprises effectively expand their market channels and provides targeted professional support in financing, listing, policy, and legal matters to accelerate the incubation of pharmaceutical projects and brands aligned with the Group's strategic direction. The Industrial Park has also established innovation platforms, including a Greater Bay Area Youth Exchange Base and Hong Kong Medicine Landing Platform.Furthermore, the Industrial Park houses high-end research institutions including “Hong Kong Medicine Landing Hub”, “Shenzhen-Hong Kong TCM In-Hospital Preparatory Medicinal Products Center” and “Pharmaceutical GSP Supply Chain Distribution Center”. The park has created a life and health achievement transformation platform integrating research institutions, Shenzhen-Hong Kong medical institutions, research experts, and pharmaceutical distribution, making positive contributions to the innovative development of the biomedical industry in the Greater Bay Area.Mr. Zhao Li Sheng, Chairman of Kingworld Medicines, stated: "The Longde Health Industrial Park, as a strategic project in Kingworld Group's Fifth Five-Year Plan, represents a significant milestone in the Group's development. Kingworld Medicines consistently prioritizes technological innovation, emphasizes ecological environmental protection and sustainable development, and strives to create synergistic innovation effects. We aim to build a modern, intelligent, and green health industrial park integrating R&D, production, logistics, and sales, effectively consolidating and maximizing the Group's health industry resources. We hope to establish the park as Longgang's new landmark in the pharmaceutical industry, creating a new highland for exploring health technology, nurturing health industries, and serving human health, contributing to the prosperous development of the pharmaceutical and healthcare industry in Longgang and the Greater Bay Area."Zhao Jian Wei (first from right),Managing Director of Kingworld-LongdeHealth,signed a strategic cooperation agreement with partners includingShenzhen Angel FOF and Elong Hotel Technology (under Tongcheng Travel).Simultaneously,they also signed an agreement with Xingwu (Shenzhen) TechnologyCo., Ltd.,which represents one of the enterprises entering the industrial park.About Kingworld Medicines Group ( Stock code: 01110.HK )Kingworld Medicines Group (stock code: 01110.HK) has been committed to building a comprehensive upstream and downstream supply chain system in the healthcare industry for over thirty years, with business coverage in more than 34 provinces and cities across China. In order to adapt to the new trend of consumer upgrading, Kingworld Medicines has built a new retail ecosystem both online and offline. Shenzhen Kingworld Medicines a subsidiary of the Group, mainly engages in the agency of imported branded pharmaceutical and healthcare products in China, and has established a reputation as a leading agent for well-known brands such as Nin Jiom Pei Pa Koa, Taiko Seriogan, Kingworld Imada Red Flower Oil and Foci Kingworld An Gong Niu Huang Wan. For more information, please visit https://www.kingworld.com.cn/If you have any media enquiries, please contact LBS Communications Consulting LimitedMs Joanne ChanTel:(852) 3679 3671Email:jchan@lbs-comm.com Mr Jason HoTel:(852) 3752 2675Email:jho@lbs-comm.com Email:kingworldir@lbs-comm.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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Step Into the World of Jean-Michel Basquiat ACN Newswire

Step Into the World of Jean-Michel Basquiat

SINGAPORE, Nov 27, 2024 - (ACN Newswire via SeaPRwire.com) - Art lovers, get ready for an unforgettable journey into the world of Jean-Michel Basquiat! This December, Singapore will host the global debut of Behind the Canvas Series 1: Jean-Michel Basquiat, an immersive experience celebrating the life and work of one of the most influential artists of our time. Running from 16th December 2024 to 6th March 2025 at Marina Bay Sands, this experience is set to captivate audiences with a fresh, engaging take on Basquiat’s artistic legacy.Untitled (Crown), 1988© Estate of Jean-Michel Basquiat. Licensed by Artestar, New York.This 3-month long initiative, presented by Covenant ART — a platform for art-led immersive concepts founded by entrepreneurs Jude Robert and Angelito Perez Tan, Jr. — in partnership with prominent New York collector and publisher Larry Warsh’s House of Inspiration, and with the support of our associate partners AKG Ventures, SEA Pixel Investments, Meridian Alpha Family Office, and Alpha-Omega Holdings, brings art appreciation to a wider audience. Behind the Canvas Series 1: Jean-Michel Basquiat reimagines the stories of iconic artists through innovative, experiential showcases, making art accessible and relatable to everyone.A Celebration of Art and LegacyUntitled, 1983© Estate of Jean-Michel Basquiat. Licensed by Artestar, New York.American artist - Jean-Michel Basquiat broke boundaries and revolutionised contemporary art. Known for his raw, emotive style that seamlessly merged into neo-expressionism paintings, Basquiat’s work continues to resonate across generations while reflecting the thought-provoking themes of identity, race and social dynamics. With the support of the Basquiat Estate, and their global licensing agency Artestar, Behind the Canvas Series 1: Jean-Michel Basquiat will be the first of its kind, focusing on Basquiat's artistic journey, offering an unprecedented look into his life, artistic evolution, and cultural impact.Visitors will embark on an immersive exploration of Basquiat’s formative years, his inspirations, and the pivotal moments that defined his career. Through interactive installations, rare archival materials, and multisensory experiences, the 3-month experience aims to deepen appreciation for Basquiat’s creativity while fostering introspection and dialogue about the themes his art represents.“We are honoured to be able to bring Jean-Michel Basquiat’s story and artistry to a new audience in Asia. Basquiat's work transcends time, culture, and boundaries, and introducing his raw creativity and unique perspective to a new region feels especially meaningful,” says Larry Warsh, founder of House of Inspiration and publisher of No More Rulers, a publishing house focused on art-related tomes.Singapore: A Hub for Artistic InnovationLeft to Right: Untitled (Bust), 1984; Pez Dispenser, 1984; Trumpet, 1984© Estate of Jean-Michel Basquiat. Licensed by Artestar, New York.Behind the Canvas Series 1: Jean-Michel Basquiat aims to make art more approachable, accessible, and relatable to all. As the inaugural stop for the Behind the Canvas series, Singapore solidifies its position as a leading cultural hub. Plans are already in motion to bring future editions of the series to other major cities across Asia."I am thrilled to introduce our first instalment of the Behind the Canvas Series in Asia. After years of living abroad in China and growing companies in the luxury and arts sector, launching this original immersive concept in my home country Singapore is deeply personal. Jean-Michel Basquiat is a true artist, and we hope that our Behind the Canvas Series 1: Jean-Michel Basquiat experience will serve as a catalyst for creativity and connection, demonstrating why his work remains so relevant today,” shared Jude Robert, co-founder of Covenant ART. “Working closely with the National Arts Council and Singapore Tourism Board, it is an absolute pleasure to help foster and elevate the creative landscape in our city-state."Mitchell Crew, 1983© Estate of Jean-Michel Basquiat. Licensed by Artestar, New York. The immersive experience is part of the highly anticipated Singapore Art Week in January 2025, an annual celebration that invites everyone to experience the richness of the arts.“We are excited to partner with Covenant ART for the Behind the Canvas series as they promote artistic excellence and inspire artistic appreciation and dialogue,” says Sam Lay, Director, Strategic Partnerships & Engagement at the National Arts Council. “Such partnerships are important to the Singapore Art Week as we work closely with the visual arts community and stakeholders to strengthen Singapore’s position as a globally connected arts hub. We invite people of all walks of life to enjoy this pinnacle visual arts season and engage with the arts!”Don’t miss this one-of-a-kind experience. Visit www.covenantexperiences.com to learn more about Behind the Canvas Series 1: Jean-Michel Basquiat.About Covenant ARTCovenant ART creates and produces original art-led immersive experiences that seamlessly blend storytelling and cutting-edge technology to captivate new audiences. We believe that the story and inspiration behind an artist's work can often be as beautiful as the artwork itself, and our goal is to bring that vision to life in every original experience we create. We work together with our partners to showcase the world’s most iconic contemporary artists in an innovative and immersive environment, cultivating a new generation of art lovers and enthusiasts.About House of InspirationHouse of Inspiration is an artistic platform that brings the coolest, most iconic, inspiring and boundary-breaking contemporary artists and creatives to cultural enthusiasts around the world through publishing, exhibitions, innovative products and experiences.The mission of the platform is to cultivate appreciation of the arts, bringing more consciousness and positivity to the world through art, and encourage creative expression in all forms.About Marina Bay Sands Pte LtdMarina Bay Sands is Asia’s leading business, leisure and entertainment destination. The integrated resort features Singapore’s largest hotel with approximately 1,850 luxurious rooms and suites, crowned by the spectacular Sands SkyPark and iconic infinity pool. Its stunning architecture and compelling programming, including state-of-the-art convention and exhibition facilities, Asia’s best luxury shopping mall, world-class dining and entertainment, as well as cutting-edge exhibitions at ArtScience Museum, have transformed the country’s skyline and tourism landscape since it opened in 2010.Marina Bay Sands is dedicated to being a good corporate citizen to serve its people, communities and environment. As one of the largest players in hospitality, it employs more than 11,500 Team Members across the property. It drives social impact through its community engagement programme, Sands Cares, and leads environmental stewardship through its global sustainability programme, Sands ECO360.For more information, please visit www.marinabaysands.com Copyrights & Trademarks(a) Basquiat Images. The copyrights and all other intellectual property rights in the licensed Basquiat Images are and shall remain the sole and exclusive property of Grantor. Unless Grantor agrees to a different form of notice, each Event Item shall bear a copyright notice substantially in the following form:© Estate of Jean-Michel Basquiat. Licensed by Artestar, New York.Associate PartnersAbout AKG VenturesAKG Ventures, a global macro hedge fund led by Franklin Li, combines advanced data and event analysis with deep research expertise. The firm transforms global macroeconomic events and market volatility into investment opportunities, believing that every fluctuation carries the potential to shape the future. Franklin is a legendary trader in Asia and has invested in and incubated several internationally renowned unicorns. He has a personal passion in the humanities & arts and is an avid collector and philanthropist.About SEA PixelSEA Pixel Investments is a Singapore-based Venture Fund with investments spanning from South-east Asia, Hong Kong, China, Northern and Southern America. SEA Pixel investment portfolio includes well known companies such as Lalamove and Tencent-backed Xingsheng Youxuan, and is an early LP in Infinity Ventures Crypto (IVC) Fund, Web 3.0, GameFi and DeFi, co-investor with IVC.About Meridian AlphaMeridian Alpha Family Office leverages its extensive partner network to curate investment opportunities for our family and other ultra-high-net-worth families, focusing on long-term success and cultivating sustainable partnerships.About Alpha-Omega HoldingsAlpha-Omega Holdings is a family office based in Singapore and London, investing across real estate, technology ventures and special sits, taking a long view towards preserving and growing multigenerational wealth while making a positive impact.Follow us on social media -Instagram: @basquiatexperience.sgTikTok: @basquiatexperience.sgFacebook: basquiatexperience.sgRED: Behind The CanvasWeChat: Behind The CanvasFor media enquiries, please contact:JMB@invade.co Copyright 2024 ACN Newswire via SeaPRwire.com.
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EdgePoint Infrastructure Inks Strategic Partnership with CelcomDigi to expand connectivity in Malaysia at TowerXchange Meet Up Asia 2024 ACN Newswire

EdgePoint Infrastructure Inks Strategic Partnership with CelcomDigi to expand connectivity in Malaysia at TowerXchange Meet Up Asia 2024

KUALA LUMPUR, Nov 26, 2024 - (ACN Newswire via SeaPRwire.com) - EdgePoint Towers Sdn Bhd (“EPT”), part of EdgePoint Infrastructure (“EdgePoint”), the ASEAN-based independent telecommunications infrastructure company today inked a strategic partnership with leading mobile network provider (“MNOs”) in Malaysia, CelcomDigi Bhd (“CelcomDigi”), at the annual TowerXchange Meet Up Asia 2024, an exclusive meeting place for Asia-Pacific tower players.Mr Suresh Sidhu - Chief Executive Officer at EdgePoint InfrastructureEncik Muniff Kamaruddin - Chief Executive Officer at EdgePoint Towers Sdn BhdYang Berbahagia Datuk Mohamad Idham Nawawi - Chief Executive Officer, CelcomDigi BhdMr Joachim Rajaram - Chief Corporate Affairs Officer, CelcomDigi Bhd [L-R]Present at the event were Yang Berbahagia Dato' Mohd Ali Hanafiah Mohd Yunus, Managing Director of Malaysian Communications and Multimedia Commission and Yang Mulia Tunku Dato’ Mahmood Fawzy Tunku Muhiyiddin, Chairman of EdgePoint Malaysia Holdings. This partnership represents EdgePoint’s increasing commitment to serve MNO partners holistically to help them not only overcome today’s challenges but to prepare for the opportunities of tomorrow.Partnering with Malaysia’s largest MNO CelcomDigi Berhad, EdgePoint Towers Sdn Bhd inked a Memorandum of Agreement (“MoA”), to collaborate on the expansion of CelcomDigi's connectivity reach, realise network synergies and focus on cost optimisation aimed at ultimately benefiting CelcomDigi customers with seamless connectivity. This partnership also lays the foundation for advanced, future-ready connectivity solutions opportunities such as in-building solutions and small cells for improved indoor coverage, ensuring that CelcomDigi is prepared for growth and increased data demand.Muniff Kamaruddin, Chief Executive Officer of EdgePoint Towers said, “This partnership is a natural extension to the fruitful working relationship EdgePoint and CelcomDigi has enjoyed to date. We look forward to helping CelcomDigi realise the benefits of the merger, as well as prepare for the future. As Malaysia accelerates its efforts for ubiquitous connectivity, we look forward to continuing to develop and deploy future ready infrastructure and innovative technologies quickly to enhance the digital experiences of consumers and enterprises alike in the country”.Datuk Idham Nawawi, Chief Executive Officer of CelcomDigi said, “The country is in prime position to be a regional leader in 5G and AI development. We are committed to building a state-of-the-art network for our customers and advance the nation into a 5G-AI powered digital society. Through partnerships like this, we will be able to optimise our newly modernised network to better serve our customers in more areas across the country and accelerate Malaysia’s digital transformation.”Also at the event, a second agreement aimed at ensuring quality infrastructure is deployed in Malaysia was signed between Persatuan Penyedia Infrastruktur Telekomunikasi Malaysia (PPIT) and Malaysian Technical Standards Forum Bhd (MTFSB), the standardisation body for Malaysia’s communications and multimedia industry, with all members of PPIT committing to fulfilling the requirements of network interoperability, safety and other technical aspects of network facilities, network services, approval of equipment and all matters related to designing and deploying infrastructure. Signing on behalf of PPIT was the organisation’s President, Muniff Kamaruddin with Puan Normarinee Mohd Nor, Chief Executive Officer of MTSFB.Speaking at the event Puan Normarinee Mohd Nor, Chief Executive Officer of MTSFB said “As the telecommunications industry continues to evolve at an unprecedented pace, it is our responsibility to ensure that we set clear, forward-thinking and relevant standards that enable innovation while maintaining reliability, security, sustainability and interoperability. Our goal is to foster a collaborative ecosystem where industry leaders, regulators, infrastructure and technology providers can work together to build a more connected, sustainable future for all”EdgePoint currently owns more than 15,000 towers across Malaysia, Indonesia, and the Philippines.ABOUT EDGEPOINT INFRASTRUCTUREEdgePoint Infrastructure is an ASEAN based independent telecommunications infrastructure company that aspires towards Building a Connected, Digital ASEAN. Headquartered in Singapore with operations in Malaysia, Indonesia and the Philippines, through EdgePoint Towers Sdn Bhd, PT Centratama Telekomunikasi Indonesia, Tbk and EdgePoints Towers Inc. respectively, the company is focused on providing sharable and leading-edge telecom structures, small cells and in-building systems. EdgePoint aims to be an industry leader through scale and innovation, driving operational efficiencies through the adoption of analytics and digital technologies.For more information on EdgePoint, please visit https://edgepointinfra.com/. ABOUT CELCOMDIGICelcomDigi is Malaysia’s largest mobile network operator with more than 20.2 million users on its network. Established on 1 December 2022 from the merger of Celcom and Digi, the company aims to serve the growing digital needs of its customers by leveraging its newly combined widest network footprint, distribution touchpoints, innovative range of digital products and services, and superior customer experience, powered by passionate CDzens. The company has clearly defined ambitions to advance the nation, inspire Malaysian society, and be a leader in inclusion and ESG practices. For more information on CelcomDigi, visit www.celcomdigi.com.ABOUT MTFSBThe Malaysian Technical Standards Forum Bhd (MTSFB) is the leading standardization body for Malaysia’s communications and multimedia industry. MTSFB was first established on 8 June 2004 as a company limited by guarantee and was later designated as the Technical Standards Forum by the Malaysian Communications and Multimedia Commission (MCMC) on 27 October 2004 pursuant to Section 94 (Chapter 9 of Part V) and Section 184 (Chapter 3 of Part VII) of the Communications and Multimedia Act 1998 (CMA 1998) to develop and maintain technical codes for Malaysia’s communications and multimedia industry (CMI)” Copyright 2024 ACN Newswire via SeaPRwire.com.
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