22 8 月, 2022

G Neptune Seeks Shareholders’ Approval to Acquire Soutern Score, a construction Management Services Company, as part of its Proposed Regularisation Plan

KUALA LUMPUR, Aug 22, 2022 - (ACN Newswire via SEAPRWire.com) - G Neptune Berhad is pleased to announce that its circular, which includes multiple proposals as part of its proposed regularisation plan, has been issued today. Upon completion, the proposed regularisation plan is expected to address its Guidance Note 3 (GN3) status as well as to return it to a stronger financial standing and profitability that will benefit all stakeholders.Executive Director and Chief Executive Officer of Southern Score Gan Yee Hin and Executive Director and Head of Group Investment Banking & Islamic Banking of Kenanga Investment Bank Berhad Datuk Roslan Hj Tik [L-R]The proposed regularisation plan includes amongst others, the proposed acquisition of the entire equity interest in Southern Score Sdn Bhd from Super Advantage Property Sdn Bhd for a purchase consideration of RM252.0 million to be satisfied through the issuance of 1.68 billion shares.Southern Score is a construction management services company with a recorded net profit of RM6.51 million, RM19.20 million and RM35.18 million in the financial year ended 31 December 2019, 2020 and 2021 respectively. Super Advantage, being the vendor of Southern Score, has provided cumulative net profit guarantee of RM80.0 million over the three-year period from 2022 to 2024. Super Advantage is held by Tan Sri Datuk Seri Gan Yu Chai, the Managing Director of Southern Score, a veteran in the construction and property development industries with more than 30 years' experience as well as Gan Yee Hin, the Executive Director and Chief Executive Officer of Southern Score.Other than the proposed acquisition, the proposed regularisation plan also entails the following:- proposed consolidation of every ten existing shares in G Neptune into one consolidated share;- proposed settlement of debt amounting to RM3.1 million to Mr. Chai Tham Poh, an Executive Director of G Neptune, via the issuance of 20.67 million shares;- proposed private placement of 543.05 million shares at an issue price to be determined later but shall not be less than 20 sen per share to eligible investors to be identified later; and- proposed exemption under the take-over rules from the obligation to undertake a mandatory take-over offer for the remaining G Neptune shares not already owned by Super Advantage as well as Tan Sri Datuk Seri Gan Yu Chai and Gan Yee Hin.Through the proposed private placement, G Neptune aims to raise at least RM108.61 million to be used for amongst others, the purchase of building materials and repayment to contractors for future construction projects, as well as for TCS SS Precast Construction Sdn Bhd (TSPC), a CIDB Grade 7 contractor in which Southern Score owns a 35% stake.Additionally, to better reflect the Company's corporate identity going forward, it is proposed that the Company name "G Neptune Berhad" be changed to "Southern Score Builders Berhad".Commenting on the proposed acquisition, Gan Yee Hin, said, "The proposed acquisition of Southern Score is an integral part of the regularisation plan as it will enable G Neptune to enter into the construction industry which is a thriving and growing industry. This will also help in regularising the Company's financial condition as it currently does not have a core business to sustain its listing status. We expect Southern Score to benefit from the growth in the construction sector which is expected to be positive in 2022 following the reopening of Malaysia's economy.""We also intend to venture into the manufacture of Industrialised Building Systems (IBS) products through TSPC as we see demand rising given that the construction sector is moving towards the adoption of IBS for better construction quality and productivity, less dependency on foreign labour as well as lower costs. Government initiatives are also supportive of this adoption."The proposed regularisation plan and the proposed change of name are subject to, amongst others, GNB shareholders' approval at the forthcoming general meeting to be held on 13 September 2022.Kenanga Investment Bank Berhad is the principal adviser and sponsor for the proposed regularisation plan as well as placement agent for the proposed private placement while Malacca Securities Sdn Bhd is the independent adviser for the proposed exemption.G Neptune Berhad: 0045 [BURSA: GNB], https://www.gneptune.com/Southern Score: https://southernscore.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

13 6 月, 2022

CleverTap Completes Acquisition of Leanplum

MOUNTAIN VIEW, Calif. and MUMBAI, India, Jun 13, 2022 - (ACN Newswire via SEAPRWire.com) - CleverTap, world's No.1 retention cloud, today announced it has completed its acquisition of San Francisco based Leanplum, a leading multi-channel customer engagement platform.The acquisition, originally announced on 19 th May, was closed in a record time of 3 weeks. With this acquisition, CleverTap has strengthened its footprint in the US and Europe. CleverTap will combine the product stack of both organizations and extend its world-class solutions and technology to all its customers and prospects worldwide. Momchil Kyurkchiev, Co-Founder of Leanplum, has joined CleverTap's leadership team as Chief Strategy Officer.With the completion of the acquisition, CleverTap also welcomes marquee investors Norwest Partners, Shasta Ventures, Canaan, and Kleiner Perkins as its shareholders. The acquisition becomes revenue accretive for CleverTap from June 1st 2022."We are very excited to welcome Momchil and all Leanplum employees to the CleverTap family and expect full integration of the two companies, including an integrated product in the market to get completed over the next 3-4 quarters," says Sunil Thomas, CleverTap Co-founder and Executive Chairman. "With this acquisition Customers will now have a wide variety of product features and options to choose, from the best of both product line-ups (A/B Testing, Segmentation,Campaigns, Journeys etc.) At the same time, the acquisition provides a much bigger growth, exposure and learning opportunities for employees and collectively we will now become a dominant force with a large global footprint"."The Martech landscape the world over is evolving at an exponential rate and hyper-personalized digital engagement at scale is the need of the hour. I am sure that together, Leanplum and CleverTap will address this need and continue to drive innovation in this space. CleverTap and Leanplum individually have had a robust presence in terms of geographical reach, industries, and categories. Collectively we will now become a dominant force with a large global footprint," says Momchil Kyurkchiev, Chief Strategy Officer at CleverTap."As we expand globally, we are looking to retain as well as grow 100% of the Leanplum customers by bringing all combined capability on one platform in due course. We also plan to increase our headcount in the US and Europe. Together, we aspire to be recognized as a SaaS talent powerhouse built on a strong people-first culture driven by values and equality," added Sunil.About CleverTapCleverTap is the modern, integrated retention cloud that empowers digital consumer brands to increase customer retention and lifetime value. CleverTap drives contextual individualization with the help of a unified and deep data layer, AI/ML-powered insights and automation enabling brands to offer hyper-personalized and delightful experiences to their customers. 1200+ Customers in 60+ countries and 10,000+ apps, including Gojek, ShopX, Canon, Mercedes Benz, Electronics Arts, TED, Jio, Premier League, TD Bank, Carousell, Papa John's, and Tesco, trust CleverTap to achieve their retention and engagement goals, growing their long-term revenue. Backed by leading venture capital firms, including Sequoia, Tiger Global Management, and Accel, the company is headquartered in Mountain View, California, with offices in Mumbai, Singapore, Sofia, Sao Paulo, Bogota, Amsterdam, Jakarta and Dubai. For more information, visit clevertap.com or follow on LinkedIn and Twitter.Media Contact:Sony ShettyCleverTapsony@clevertap.comVishaal MudholkarArchetypeConsultantvishaal.mudholkar@archetype.coForward-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 amount in the actual result 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 with the information and/or statements in this press release or any related damages. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

1 6 月, 2022

SESAMi Holding acquires MyBiz in all-cash deal boosting regional footprint

SINGAPORE, Jun 1, 2022 - (ACN Newswire via SEAPRWire.com) - SESAMi Holding Pte Ltd (SESAMi) announced the successful acquisition of MyBiz Solutions Sdn Bhd.The all-cash deal is immediately profit-accretive and provides SESAMi with an additional revenue stream as well as an opportunity to strengthen SESAMi's portfolio of businesses. The company also believes that the acquisition has the potential to significantly value-add to existing and potential customers of both SESAMi and MyBiz.Mr Ong Teck Soon, SESAMi Holding's Chairman and CEO said, "We have been actively exploring various strategic acquisition opportunities to strengthen SESAMi's suite of products and services and enable the Company to provide a more robust business solution to our customers, thereby helping us grow revenue. The acquisition, when completed, is expected to enable us to capture new opportunities within the fast-growing online transactional commerce business in the region and we are confident of the industry's significant long-term growth prospects."Award-winning MyBiz has emerged as an Asian leader in spend management and strategic sourcing solutions with more than 20 years of experience and expertise in their field. Their proprietary software was awarded the Procurement Consultancy Award in the World Procurement Awards 2019, as well as the "Solution Provider of the Year" in the Asia Pacific Procurement Awards in 2018. Over the years, the company has successfully delivered hundreds of millions of dollars of savings for their industry-leading clients, including companies such as Sembcorp Industries, Westpac Bank, Singapore Airlines, ST Engineering, UOB and Maybank.SESAMi is Asia's leader and powerhouse in providing trusted solutions for transacting commerce over the Internet for sourcing, procurement, planning and order management. Their clients include organisations in both the public and private sector ranging from industries such as healthcare, aviation, tourism and telecommunications. As the foremost commerce service provider and operator of the leading electronic hub (E-Hub), SESAMi is best positioned to facilitate and provide the advantages and efficiencies of trading online to businesses. Together with MyBiz, SESAMi will bring a fully integrated supply chain solution to corporates and their suppliers in Singapore and Malaysia in a more timely, automated and cost-efficient manner.Following the acquisition, SESAMi expects to also add to its growing pool of tech talent that will drive innovation in the organisation to better serve its customers. In a constantly-evolving world with customers demanding the highest levels of service and product offerings, we see our people as a vitally important differentiator in staying ahead of the competition, by anticipating and adapting to situational as well as long-term trends in this space. Moving forward, the company will look to integrate financing and payment solutions to make the platform even more holistic and all-encompassing.Mr Ong added, "MyBiz has been aptly described as the Porsche of procurement - a fast, reliable and technologically advanced platform that we see as being a natural fit to SESAMi, the largest e-procurement platform in Singapore, and a vital piece of the entire jigsaw puzzle to reshape the entire industry to become the gateway for organisations, whether buyer or supplier, to seamlessly interact and transact on a platform that is built with a commitment to enhancing efficiency, accessibility, security and equal opportunity. This acquisition will further accelerate our efforts to develop new and innovative products to capture the fast-growing transactional commerce economy and we are excited to bring even more choice, value and savings to our customers going forward."About SESAMi ( www.sesami.com )SESAMi was founded in 1999 by a consortium of large corporates to develop e-sourcing and e-procurement services. Over the years, the company has consolidated its position in the e-procurement sector in Singapore, while expanding into other services like demand aggregation and e-financing. In 2018, SESAMi further expanded its technological capabilities by acquiring Capital Match, a leading lending platform in Singapore focusing on trade finance. Today, SESAMi processes around S$6bn of e-purchase orders and S$2bn of e- invoices annually on its platform with over $225M worth of origination via its e-financing program.For media enquiries, please contact: Donny Ong. SESAMiEmail: donny.ong@sesami.comDerek Yeo / Wayne KooEmail: derek@waterbrooks.com.sg / wayne.koo@waterbrooks.com.sg Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

8 4 月, 2022

RTO of LTKM Berhad via the Acquisition of EMS Business for RM336 Million

KLANG, Malaysia, Apr 8, 2022 - (ACN Newswire via SEAPRWire.com) - LTKM Berhad (LTKM), a leading chicken egg producer, today announced a composite proposal, chiefly to divest the Company's existing business and venture into the business of providing of electronic manufacturing services (EMS) while at the same time, rectify its non-compliance with the public spread requirement of its shares under the listing requirements of Bursa Securities Malaysia Berhad.Chai Voon Sun, co-founder and Managing Director of Local Assembly [L] and Executive Chairman of LTKM, Datuk Tan KokWee Thian Song - Co-founder, Executive Director and Engineering Director of Local Assembly; Gurmakh Singh - Co-founder, Executive Director and General Manager of Local Assembly; Datuk Seri Chiau Beng Teik - Executive Chairman of Chin Hin Group Berhad; Chai Voon Sun - Co-founder and Managing Director of Local Assembly; Datuk Tan Kok - Executive Chairman of LTKM; Tan Kah Poh, Kenny - Independent Director of LTKM; Rahman Ali Bin Abdul Wahab - Director of Proven Venture Sdn. Bhd. [L-R]Executive Chairman of LTKM, Datuk Tan Kok said, "At its core, the proposals seek to reward our shareholders from the proceeds of the disposal of the Company's existing poultry business while at the same time, allow them to continue participating in the new EMS business following the proposals.""The proposed disposal comes amid the challenging operating landscape for the poultry industry brought on by overcapacity, low average selling price of eggs, high raw material prices, difficulty in controlling disease outbreaks in the farms and acute labour shortage. In relation to these challenges, we have also incurred losses in the recent financial years ended 31 March 2020 to 2021 and for the nine-month period ended 31 December 2021. This has affected our ability to pay dividends too.""Concurrent with the proposed disposals, we believe the proposed acquisition of the EMS business is an opportunity to create value for our shareholders through a business that is viable and profitable."Briefly, the proposals comprise the following inter-conditional steps:1. Proposed disposal of LTKM's existing business to Ladang Ternakan Kelang Sdn Bhd (LTKSB) for a total cash disposal consideration of RM158.83 million. LTKSB, which holds 71.6% of the equity interest in LTKM, is also the holding company of LTKM;2. Proposed special dividend and capital repayment of RM1.1098 per LTKM share totalling RM158.83 million on an entitlement date to be determined;3. Proposed consolidation of two existing LTKM shares into one LTKM share following the proposed special dividend and capital repayment;4. Proposed acquisition by LTKM, of 100.0% equity interest in Local Assembly Sdn Bhd (Local Assembly) from Chai Voon Sun, Gurmakh Singh a/l Ajmer Singh, Wee Thian Song, Divine Inventions Sdn Bhd and Proven Venture Sdn Bhd (Vendors) for RM336.00 million to be satisfied through cash of RM100.00 million and the issuance of 393,333,333 new LTKM shares at an issue price of RM0.60 each;5. Proposed restricted issue of 230.00 million new LTKM shares at an indicative issue price of RM0.60 each, representing 33.1% of the enlarged share capital of LTKM after the proposals to investors to be identified;6. Proposed exemption to the vendors and persons acting in concert from the obligation to undertake a mandatory take-over offer to acquire the remaining LTKM shares not already owned by them upon completion of the proposed acquisition; and7. Proposed change of name to "LA Technology Berhad" from "LTKM Berhad".The proposed acquisition will result in a significant change in LTKM's business direction from a producer of chicken eggs to becoming an EMS provider. Local Assembly, an EMS provider, will become a wholly-owned subsidiary of LTKM while the vendors of Local Assembly will become LTKM's controlling shareholders with a 56.6% equity interest in the Company following the proposed acquisition and proposed restricted issue. By virtue of his shareholding in Divine Inventions, Datuk Seri Chiau Beng Teik, the Executive Chairman of Chin Hin Group Berhad, will become a major shareholder of LTKM.Under the proposed acquisition, the vendors have provided a profit guarantee for Local Assembly of a minimum profit after tax (PAT) of RM28.00 million for the financial year ending 31 December 2022 or not less than an aggregate of RM50.00 million PAT for both financial years ending 31 December 2022 and 2023. Based on the guaranteed PAT of RM28.00 million for the financial year ending 31 December 2022, the purchase consideration represents a price to earnings multiple of 12 times.For Chai Voon Sun, co-founder and Managing Director of Local Assembly, the listing of Local Assembly via LTKM means a realisation of 2 decades of hardwork for him and his co-founders and a step forward in the company's journey of growth and expansion. "This transaction is a major milestone for Local Assembly. We look forward to the next phase of our corporate journey as a listed entity, which will further accelerate our growth as an EMS player, allow us to expand our customer base and product offerings and pursue more opportunities" he adds.Local Assembly, which started operations in 2000, is a manufacturer of electronic, electrical and plastic injection moulded components, and sub-contract assembler of electrical appliances and equipment. Its principal markets are Malaysia and Singapore. For the financial year ended 31 December 2022, Local Assembly achieved PAT of RM20.06 million on the back of a revenue of RM116.35 million.The application for the proposals is expected to be submitted to the relevant authorities by the second quarter of 2022. Subject to approvals from relevant parties including Securities Commission, Bursa Securities Malaysia Berhad as well as shareholders of LTKM, the proposals are expected to be completed in the first half of 2023. M & A Securities Sdn Bhd is Adviser to LTKM for the proposals.LTKM Berhad: https://www.ltkm.com.my/LTKM Berhad: 7085 / [BURSA: LTKM] [RIC: LTKM:KL] [BBG: LTKM:MK] Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

24 3 月, 2022

AGTech Expands into the Greater Bay Area Fintech Market after the Completion of Macau Pass Acquisition

HONG KONG, Mar 24, 2022 - (ACN Newswire via SEAPRWire.com) - AGTech Holdings Limited ("AGTech" or the "Group", SEHK: 08279) announced today that it has completed the acquisition of Macau Pass Holding Ltd. ("Macau Pass") and its subsidiaries, which will become an indirect wholly-owned subsidiary of AGTech after completion of the transaction.Since granted the financial license by the Macau SAR Government in 2006, Macau Pass has been propelling the development of a more convenient local electronic payment and promoting its popularity in Macau. Macau Pass, being the leading payment service provider in Macau, issued the first and the most commonly used contactless smart card for payments in Macau, Macau Pass Card ("MP Card"). While initially used in bus fare payment system, its usage has later been expanded into a wide range of payments such as those for other public transports, car parks, government services, retail consumptions, and food and beverage services. There are currently more than three million MP Cards in issue. The first mobile payment platform in Macau, Macau e-wallet ("MPay"), was subsequently issued by Macau Pass, it was an innovated product which led Macau into the development of e-payment. The major functions of MPay cover on-line and off-line payments, transfers, utility payments like telephone, water, electricity and gas bills and public transports. Currently over 90% of Macau residents are registered MPay users. Its cross-border operation between Hong Kong and Mainland China has been approved by the People's Bank of China and the Monetary Authority of Macao ("AMCM") in 2019, the first financial institution having offshore headquarters to be granted the right to use its offshore e-wallet across the border in Mainland China. The completion of the acquisition will create tremendous synergies to AGTech's existing businesses and broaden the revenue base of the Group through integrations along the value chain."As a local business, Macau Pass's years-long investment in the community and economy of Macau has borne fruitful results, and is fully recognized and highly appreciated by AGTech." praised Mr. Sun Ho, Chairman and CEO of AGTech. "Over the years, Macau Pass has been actively involving in local fintech industry, expanding its e-payment applications to different levels of Macau people's daily lives. AGTech shares Macau Pass's ideology of livelihood services-oriented. While enabling a stable transition of Macau Pass, we will cooperate with the local government to turn Macau into a smart city of the 21st century. Through innovation, we will strive to facilitate the integration of Macau Pass, and will invest more resources into integrated payment scenarios that combine on-line and off-line payments, as well as to create a hybrid platform that integrates mobile payment, e-commerce and local services for users and merchants. We will expand mobile payment services to support merchants and SMEs to leverage its advantages in order to speed up services and the development of digitization and intelligence management to meet the increasing consumer demand in the Greater Bay Area. This can provide users with stable, secure and efficient mobile payment experiences, while giving Macau our support in its next new phase of digital economy."According to AMCM's figures published in February this year, the number of mobile payment transactions in Macau has increased from approximately 65.5 million in 2020 to approximately 193 million in 2021, representing a year-on-year increase of 194%; the total transaction value has increased from approximately MOP 6.3 billion in 2020 to approximately MOP 18.5 billion in 2021, representing a year-on-year increase of 192%. These figures showcase increasing trends in both the frequency and the transaction value of mobile payments in Macau."The completion of Macau Pass acquisition marks an important milestone for AGTech. It lays a solid foundation for the Group's future strategic expansion into payment business and financial services ecosystem. Under the policy of "Outline Development Plan for the Guangdong-Hong Kong-Macao Greater Bay Area", we believe that Macau Pass will become the leader of local fintech innovation to propel the appropriate diversification of Macau's economy and the growth of local fintech industry. At the same time, it can also deepen the interconnection of mobile financial infrastructure of Macau, Greater Bay Area, Guangdong-Macao In-Depth Cooperation Zone and Mainland China. From here, we are preparing ourselves to tap into a market with 1.4 billion potential users and to jointly explore overseas opportunities and facilitate international grand economic cycle." added Mr. Sun Ho.About AGTech Holdings LimitedAGTech was incorporated in Bermuda and its shares are listed on the GEM (Stock Code: 08279). As a member of the Alibaba Group, AGTech is the exclusive lottery platform of Alibaba Group and Ant Group. For more information, please visit www.agtech.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

16 2 月, 2022

Society Pass (SoPa) Completes Acquisition of Pushkart.ph Expanding Southeast Asia Footprint

MANILA, Feb 16, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Incorporated (Nasdaq: SOPA), a leading Southeast Asian data-driven loyalty platform today announced that it has acquired Pushkart.ph, a leading online grocery delivery service in Philippines. As a result of the acquisition, Pushkart.ph becomes a wholly owned subsidiary of SoPa. The move kicks-off SoPa's expansion into the Philippines market. Leveraging on SoPa's capital, Pushkart.ph will focus on dramatically increasing on-demand grocery shopping services to more consumers and more retailers initially to Metro Manila and then to all of Philippines, while empowering grocery stores and restaurants to transform business models and further tap into online markets.The announcement comes at a time of accelerated rapid growth for delivery services in Philippines, with the internet economy expected to increase 24% from US$17 billion in 2021 to US$40 billion in 2025. Pushkart.ph is one of Philippines' fastest growing e-commerce platforms, with a customer base of over 125,000 registered users, over 35,000 social media followers, and more than 20,000 mobile app downloads.Commenting on this strategic step, Dennis Nguyen, Society Pass Founder, Chairman and Chief Executive Officer, said, "We are excited to combine the robust technology, retail and operational prowess of a high-performance brand like Pushkart.ph with our brand building experience. As the Phillipine consumer faces tremendous challenges with traditional brick and mortar shopping due to a plethora of hurdles including excessive wait times in traffic/public transport, SoPa aims to provide viable solutions by providing impetus to the growing e-commerce industry in the country. Given the immense potential of the Philippines market, we are very excited about the opportunities that this acquisition will bring in the upcoming months. In addition, as Philippines is a cornerstone of SoPa's VIP (Vietnam, Indonesia, and Philippines) acquisition strategy, I expect to acquire a number of market leading companies in Philippines over the next few months.""We are very excited to announce our acquisition by Society Pass, this partnership provides us the opportunity to not only grow our presence in Philippines but further our lead in the grocery delivery business. We are excited to join the larger SoPa ecosystem which will enable us to harness its integrated marketing and technology proposition while also strengthening our collective senior management resources. We foresee that this will lead to immediate returns in terms of cost optimisation and increased revenue generation. With the capital provided by SoPa, Pushkart.ph will now be empowered to provide enhanced end to end solutions to our customers and ensure an amplified market presence," said Michael Lim, CEO of Pushkart.ph.Society Pass is leveraging technology to provide a more personalized experience for customers in the purchase journey, to help transform the entire retail value chain in SEA. Through the acquisition of market-leading companies and partnership with visionary entrepreneurs in five distinct verticals: loyalty, lifestyle, travel, food & beverage and merchant software, the company expects to meet the region's growing demand for better and more convenient services. The acquisition is in line with SoPa's core vertical focus and facilitates proliferation of its growth in Philippines while increasing consumer opportunities and delivering enhanced value. This move will also help tap the increasing digital penetration in the online grocery shopping space in the Philippines market.The offering of this acquisition is of immense consequence to the end user with SoPa's aggressive new plans for Pushkart.ph which include adding more hubs in key cities and regions and increasing its manpower. SoPa aims to expand Pushkart.ph's technology offering, phenomenally increasing registered users to more than double to over 300,000 and driving app downloads to over 150,000 in 2022. Philippine consumers will be able to use Pushkart.ph app across 19 cities in Metro Manila with a guaranteed next day delivery service.About Society PassSociety Pass' customer loyalty and analytics platform has onboarded hundreds of thousands of registered consumers. Society Pass provides merchants with SoPa.asia - an online commerce platform for users, alongside with #HOTTAB Biz - a convenient order management app for business partners on SoPa.asia, and #HOTTAB POS - a specialized POS technology solution, a comprehensive system for payment, loyal customer management, user's profile analytics, and convenient financial support packages for small and medium-sized enterprises. All tools offered above will allow businesses to attract and retain customers through personalized interaction based on analytics with a high profit margin. In addition, SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform.SoPa is a loyalty and data marketing ecosystem that operates multiple e-commerce and lifestyle platforms across its key markets. Its business model focuses on collecting user data through the expected circulation of its universal loyalty points. It seamlessly connects consumers and merchants across multiple product and service categories fostering organic loyalty. From its launch in 2019, SoPa has amassed over 1.5 million registered users and over 3,500 registered merchants and brands. It has since invested 2+ years building proprietary IT architecture with cutting edge components to effectively scale and support its Platform's consumers, merchants, and acquisitions. For more information, please check out: http://thesocietypass.com/Media contactPRecious Communications for SoPasopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

3 1 月, 2022

Asia Vets Holdings proposes to acquire digital financial services group AlDigi Holdings for S$45 million via Reverse Takeover

SINGAPORE, Jan 3, 2022 - (ACN Newswire via SEAPRWire.com) - Catalist-listed Asia Vets Holdings Ltd. ("Asia Vets Holdings", the "Company", and together with its subsidiaries, the "Group") has entered into a conditional sale and purchase agreement ("SPA") with RHT AlDigi Financial Holdings Pte. Ltd. ("Vendor") and AlDigi Holdings Pte. Ltd. (the "AlDigi Group" or the "Target") on 30th December 2021 to acquire from the Vendor 100% of the ordinary shares in the issued and paid-up share capital of the Target (the "Proposed Acquisition").Tan Chong Huat, Chairman of RHT Group of Companies, Tan Tong Guan, Executive Chairman and Chief Executive Officer of Asia Vets Holdings Ltd., and Jayaprakash Jagateesan, Chief Executive Officer of AlDigi Holdings Pte. Ltd. at the signing ceremony. [L-R]The S$45 million consideration for the Proposed Acquisition shall be satisfied by way of allotment and issuance of 335,436,357 new ordinary shares ("Consideration Shares") in the capital of the Company at the issue price of approximately S$0.13415 per Consideration Share. The Proposed Acquisition, subject to, inter alia, the approval of the Company's shareholders, adds an additional revenue stream as well as an opportunity to diversify the Group's portfolio of businesses. The Company also believes that the Proposed Acquisition has the potential to increase the market capitalisation and widen the investor base of the Company.Mr Tan Tong Guan, Asia Vets Holdings Executive Chairman and Chief Executive Officer, said, "We have been actively exploring various acquisition opportunities to maximise value for shareholders and enable the Company to achieve higher revenue levels. The Proposed Acquisition, when completed, is expected to enable us to capture opportunities within the fast-growing financial and technology business and we are confident of the industry's significant long-term growth prospects."The Target's subsidiaries are digital finance and technology firm RHT DigiCapital Pte. Ltd., intellectual property consultancy RHT i-Assets Advisory Pte. Ltd., and its proposed subsidiary, capital markets advisory firm RHT Capital Pte. Ltd. (collectively with the Target, the "Target Group").The Proposed Acquisition will enable the Company to build on the Target Group's established continuing sponsorship and licenced corporate finance business to develop new digital solutions to serve both traditional and digital finance markets.Mr Jayaprakash Jagateesan, AlDigi Group Chief Executive Officer, said, "We have developed a fintech platform to reshape the capital markets to become the gateway to diverse digital assets and investments, built on a commitment to enhancing efficiency, accessibility and equal opportunity across capital markets and alternative investments. The Proposed Acquisition will further accelerate our efforts to develop new innovative products to capture the fast-growing digital security token economy with a focus on real estate, non-fungible tokens, and environmental, social and governance investments."Post-completion of the Proposed Acquisition, the Group will continue to own and operate its veterinary business. This media release is to be read in conjunction with the full text of the Company's announcement dated 30 December 2021 released on SGXNET, in relation to the proposed acquisition.About Asia Vets Holdings Ltd. (SGX:5RE) (www.asiavets.com)Asia Vets Holdings Ltd. (the "Company"), through its wholly-owned subsidiary, AVH Animal Ark Pte. Ltd. (together with the Company, the "Group"), provides veterinary care and clinical services to small animals in Singapore.The Group currently operates two veterinary clinics providing a full range of general veterinary services including medical, surgical and dental care for small animals and after-hours emergency services.About AlDigi Holdings Pte. Ltd. (www.aldigi.co)The AlDigi Group combines proven expertise and deep experience across capital markets, blockchain technology and intellectual property to deliver next-gen digital finance solutions through the following subsidiaries/ proposed subsidiaries: - RHT Capital - RHT DigiCapital - RHT i-Assets Advisory The AlDigi Group leverages its proven proprietary institutional grade technology to deliver digital asset solutions across multiple asset classes and sought-after alternative investment products. As part of the ONE RHT ecosystem of multidisciplinary professional services, the AlDigi Group has access to a wide range of expertise including sustainability to add value to its digital asset solutions.Issued on behalf of Asia Vets Holdings Ltd.For media enquiries, please contact:Elliot Siow Communications ManagerRHT Communications & Investor Relations Pte. Ltd. DID: +65 6381 6347 Email: elliot.siow@rhtgoc.comThis announcement has been prepared by the Company and its contents have been reviewed by the Company's sponsor, ZICO Capital Pte. Ltd. (the "Sponsor"), in accordance with Rule 226(2)(b) of the Singapore Exchange Securities Trading Limited (the "SGX-ST") Listing Manual Section B: Rules of Catalist.This announcement has not been examined or approved by the SGX-ST and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.The contact person for the Sponsor Ms Alice Ng, Director of Continuing Sponsorship, ZICO Capital Pte. Ltd. at 8 Robinson Road, #09-00 ASO Building, Singapore 048544, telephone +65 6636 4201. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

9 12 月, 2021

Hitachi: Two New FE-SEM Models Launched to Support Data-Driven R&D

TOKYO, Dec 9, 2021 - (JCN Newswire via SEAPRWire.com) - Hitachi High-Tech Corporation ("Hitachi High-Tech") announced today the launch of two cutting-edge FE-SEM(1) models, the SU8600 and SU8700 (hereinafter, "this product line"), that feature new detectors, capabilities, advanced automation, and more. This class of instrumentation is used to observe, measure, define and analyze microstructures across a wide range of fields including semiconductors, life sciences and materials development. To be effective in such fields today, data-driven research and development requiring the acquisition of large data sets is necessary. Therefore, this product line has been designed to support the rapid acquisition of large, high-quality data sets and reduce the effort required by operators through the utilization of next-generation automation.Field Emission Scanning Electron Microscope SU8600(Left), SU8700(Right)Background in the Development of the SU8600 and SU8700FE-SEMs in general are powerful instruments that provide not only high resolution images, but also a plethora of analytical, compositional, and morphological information. These SEMs are used in a wide range of fields including nanotechnology, semiconductors, electronics, life sciences, materials science, and more. Thus, with today's ever expanding application fields, including Materials Integration(2), the need to acquire large amounts of data in a short amount of time with minimal input has become crucial. To address this need, Hitachi has re-envisioned and transformed the implementation of automated functions as well as the design of hardware components in order to support the acquisition of superb data in vast quantities with the utmost efficiency.Features of the SU8700 and SU8600The SU8600 utilizes an ultra-stable cold-field emission source to enable exceptional low-energy imaging for fine structural analysis as well as high-resolution observation of beam sensitive materials like polymers. Conversely, the SU8700 employs a Schottky field-emission source to better address analytical requirements requiring high probe currents such as EBSD(3) analysis on ceramics or metals.This product line has the following key features:1. Automatic Data AcquisitionTraditionally, FE-SEM operators have been required to change and adjust observation conditions on case-by-case basis according to the object or analytical goal. The amount of time it takes to make these adjustments depends on the operator's proficiency and can lead to variations in data quality as well as throughput. Both the SU8600 and SU8700 now integrate functionality to automate many of these adjustment processes, creating simple, stable, high-throughput and repeatable operation.Additionally, as the capability of equipment increases, so does volume of data required and manually collecting these substantial amounts of data can translate to more work for operators. To address this point, the SU8600 and SU8700 can be equipped with an optional "EM Flow Creator" feature, which enables automatic data acquisition according to user-specific conditions and steps. This allows large-scale data sets to be acquired easily, efficiently, and automatically.2. More Information = Better ResultsA multitude of signals can be obtained from almost any SEM, however, this product line permits the display as well as capture of up to six detector signals simultaneously, allowing operators to collect more information in less time.Field of view (FOV) is important for maximizing data acquisition and resolution; therefore, the maximum number of pixels has been expanded(4) to 40,960 x 30,720 pixels, which is 64 times that of existing models(5)! This feature enables detailed evaluation of numerous regions of interest and localized microstructures using just a single image.3. Enhanced Signal Detection CapabilitiesNew optional detectors have been developed for the SU8600 to enhance the observation of topographical and cathode luminescence information. Also, the response speed of the new backscattered electron detector has been improved to increase throughput.Also, the SU8700 specimen chamber is structured in such a way that it allows for EDS(6) analysis at a short WD(7), improving the spatial resolution of the technique and making it possible to thoroughly analyze even smaller features with greater comprehension.Hitachi High-Tech will continue to provide innovative solutions such as this product line for upcoming technology challenges. Furthermore, Hitachi High-Tech will create new social and environmental value by helping our customers be fast-moving, successful in cutting-edge businesses, as well as contributing to cutting-edge manufacturing.(1) FE-SEM: Field-emission scanning electron microscope(2) Materials integration: Comprehensive material technologies that use a combination of theory, experiments, data analysis, simulations, and databases to shorten the development time of materials(3) EBSD: Electron backscatter diffraction. A method used for orientation analysis of crystalline samples(4) This expansion is an optional feature(5) Compared to Regulus Series FE-SEMs(6) EDS: Energy-dispersive X-ray spectroscopy(7) WD: Working distanceAbout Hitachi High-TechHitachi High-Tech, headquartered in Tokyo, Japan, is engaged in activities in a broad range of fields, including Analytical & Medical Solutions (manufacture and sales of clinical analyzers, biotechnology products, and analytical instruments), Nano-Technology Solutions (manufacture and sales of semiconductor manufacturing equipment and analysis equipment), and Industrial Solutions (providing high value-added solutions in fields of social & industrial infrastructures and mobility, etc.). The company's consolidated revenues for FY 2020 were approx. JPY 606.3 billion [USD 5.7 billion]. For further information, visit http://www.hitachi-hightech.com/global/ Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

8 10 月, 2021

Cielo Survey Finds That 50% of HR and Talent Acquisition Professionals in APAC Face Challenges in Quality of Hire

SINGAPORE, Oct 8, 2021 - (ACN Newswire via SEAPRWire.com) - Cielo, the world's leading strategic Recruitment Process Outsourcing (RPO) provider, has found that talent acquisition professionals in the APAC region are challenged with factors that are distinct from general trends faced by organisations globally.The global survey, conducted by Cielo, consisted of an online survey of over 300 senior Talent Acquisition (TA) and HR leaders, plus over twenty in-depth interviews with key senior executives from multi-national companies across a range of industries. With digitisation efforts undertaken by many industries globally, the requirement for talent equipped with digital skills is also increasing. Digital skills and experience remain the most highly in-demand and least available in the global and regional marketplace. Furthermore, talent acquisition professionals today are increasingly challenged with attracting a future-proof talent pool and ensure new hires meet organisational objectives.The survey found that globally, a large majority (73.6%) of respondents agree that their business faces a skills shortage, and 78.2% believe that skills shortages and gaps are among the three most significant issues they will face in the near future. However, APAC diverges from this global trend, identifying quality of hire as the main challenge at 46.2% - skills shortage ranks second, jointly with time to hire at 35.4%.Furthermore, this challenge is exacerbated for APAC respondents that do not leverage RPO models compared to those that do (26.7%). However, APAC also sees many of its organisations willing to implement new recruitment technologies; at 26.2%, this figure diverges greatly from the global average of 8.2%."Skills-based talent acquisition has the potential to address many of APAC's unique concerns, as well as those which the region shares with talent acquisition teams worldwide. In the near future, I believe that professionals are less likely to be concerned with headcount and more concerned with whether a team has the requisite experience to take on their tasks," said Kumar Bhaya, Cielo's VP of Client Solutions for APAC."That being said, instead of the focus being solely on identifying technical skills gaps in candidates, we should also be looking at their soft skills. These are more in demand in the changing landscape of business as they take longer to develop in a person. Shifting our focus to softer skills such as being able to positively cope with change and to be an inspiring leader to a remote team enables talent acquisition professionals to unshackle themselves from traditional limitations, but more importantly, allows them to access a far wider talent pool," Bhaya adds.The survey results also confirm that those who do not leverage RPO face more issues with quality of hire (39.4%), as opposed to the professionals who do use RPO (27.2%) for its technological benefits and recruiter expertise that result in better quality of hires. Experts in the Asia-Pacific (APAC) region highlighted unique factors that were distinct from the general trends that this report identifies. Specifically, concerns included international skills shortages, breaking free of regional roles, and increasing attention to diversity, equity, inclusion and belonging (DEI&B)."In APAC there are definitely [skill] shortages, which is why we need to look at relocating people or look at other industries," said Mayur Chaturvedi, Regional Director Rewards, Talent Management and HRBP of Zimmer Biomet. "For example, in Southeast Asia, the developed countries have good talent availability, and there are no problems. But when you go to emerging or developing countries, talent supply is low. Leadership roles and niche skill roles, in particular, are hard to find."Across national borders, skills shortages can vary significantly. While Singapore and Malaysia host transient markets of available talent, Thailand, the Philippines, Vietnam, and Indonesia are markets where talent remains harder to find. The survey also found that particular pain points in these markets include hiring talent with leadership roles and niche skills; a challenge that may be eased through partnership with an RPO.DEI&B continues to be a significant focus in APAC. However, in relation to feedback from their global peers, TA professionals in APAC are generally less concerned with DEI&B. Just 24.6 percent of recruiters in Asia listed it as a top concern compared to 45.6 percent globally. Regardless, APAC respondents who used an RPO were more committed to diversity and inclusion efforts (53.3%) than those who were not using an RPO (17.4%). Organisations and leadership teams are also taking this issue on to ensure they have the right perspectives for further internationalisation.The whitepaper reports that the modern-day workforce is undergoing rapid, unexpected change, and organisations will be well-served by investing in agility and flexibility, using skills-based workforce planning as a lens to understand business needs and hiring. By considering the unique soft skill needs of a given team or business, TA professionals can focus on hiring based on the needs of their organisation and market, recruiting the right talent that is fit for the future.To read the full Cielo whitepaper on the 'Beyond the Skills Shortage', please visit: https://www.cielotalent.com/insights/skills-based-workforce-planning-the-future-for-talent-acquisition/Notes to the editors:The Future of Talent Acquisition research was commissioned by Cielo to better understand talent acquisition (TA) approaches by international businesses.The comprehensive survey, consisting of 26 questions, engaged businesses across multiple industries in the UK, Europe and the Asia Pacific. 308 leading businesses were surveyed, with fieldwork conducted across June and July 2021. In addition, 21 in-depth interviews were conducted with HR and TA experts.About CieloCielo is the world's leading strategic Recruitment Process Outsourcing (RPO) partner and industry innovator delivering RPO, Total Talent Acquisition, Consulting, and Executive Search services in over 100 countries. We design comprehensive, people-centric solutions and leverage Cielo TalentCloud - our agile technology platform featuring CRM, AI, automation, and analytics capabilities - to help our clients find, attract, and hire the specific talent to move their businesses forward. To learn more, visit www.cielotalent.com. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

26 8 月, 2021

福布斯通过与特殊目的并购公司Magnum Opus业务合并于纽交所上市

HONG KONG, Aug 26, 2021 - (亚太商讯 via SEAPRWire.com) - 福布斯全球媒体控股集团（Forbes Global Media Holdings Inc.，「福布斯 Forbes」）是一个标志性的媒体品牌，汇集全球最具影响力及推动变革的领导者。Magnum Opus Acquisition Limited（纽交所代码：OPA，「Magnum Opus」）为一家特殊目的购并公司（Special Purpose Acquisition Company，简称「SPAC」），专注于全球消费、科技和媒体领域。两家公司今天宣布，双方达成最终的合并协议，合并交易预计2021年第四季度完成。是次合并上市将进一步深化福布斯Forbes的品牌优势，使其能进一步利用旗下1.5亿读者群及数码化转型的力量，加入技术和数据的融合吸引更多长期读者，为公司提供更高质量及稳定的收入来源。福布斯Forbes现有的管理团队由行业资深人士组成，他们在福布斯Forbes的数码化转型、以及最近创纪录业绩发挥了举足轻重的作用。在交易完成后，他们将在首席执行官Mike Federle领导下，继续管理合并后的福布斯Forbes。福布斯Forbes品牌历史超过104年，是全球最卓越的商务信息媒体品牌之一，更可说是「成功」的代名词。福布斯Forbes品牌能够触动各年龄阶层和高价值群体，无论是企业首席执行官、高级管理层、高收入人士、以及受高等教育的群体。福布斯Forbes的影响力和品牌弹性更是无与伦比，旗下拥有80多个标志性品牌，包括福布斯Forbes 400富豪榜、「30 under 30」精英榜和「50 over 50」精英榜。福布斯Forbes品牌目前通过其公信力强的媒体、标志性活动、定制营销计划和45个授权商、涵盖76个国家，在全球拥有超过1.5亿名每月活跃用户。通过其数码平台，福布斯Forbes亦跻身全球互联网访问量最大的50家网站之列。福布斯Forbes品牌的拓展彰显了其可塑性和影响力，品牌延伸业务包括教育和科技等高价值领域，成功的例子包括与亚利桑那全球学院（University of Arizona Global Campus）合作的福布斯Forbes商业和科技学院（Forbes School of Business & Technology）和福布斯Forbes网购（电子商贸）。福布斯Forbes旨在建立一个能涵盖在线线下用户交流的会员生态系统，是次合并上市将有助福布斯Forbes充分实现其品牌价值，利用其专有科技和分析工具，将读者转化为平台的长期用户，并通过订阅会员获取优质内容和精心策划的高针对性产品来吸引定期平台用户。此交易有助进一步为公司提供足够资源投资高价值垂直市场品牌延伸。福布斯Forbes首席执行官Mike Federle表示：「凭借福布斯Forbes标志性的全球品牌影响力及号召力，我们一直以数据主导作为公司业务策略，并将福布斯Forbes打造成为一个平台，供商家、企业家和消费者针对各项影响世界的动态趋势，分享其意见及进行讨论。随着逐步迈向成为一家上市公司，福布斯Forbes将能利用资本市场提供的庞大资源加快业务增长，继续落实差异化内容和平台战略，以充分发挥我们标志性品牌的巨大潜力。」Magnum Opus主席及首席执行官林皓圃表示：「这是一个关于拥有全球最大数据分析能力及读者群的标志性品牌的用户转变故事。福布斯Forbes平台的亮点在于其高质量、高影响力的新闻报道、产品和忠实的用户群。我们很高兴能与经验丰富的管理团队合作，共同落实及推动各项新业务计划以加快公司业务增长，并为公司提供更多高质量收入来源。福布斯Forbes拥有庞大的覆盖及触及能力，公司亦成功通过数据内容管理，扩大其影响力和市场占有率，为福布斯Forbes用户提供他们最关注的信息内容。Magnum Opus一直支持企业利用数码化打造更多量身定制的用户体验，并通过大数据分析，来创建与消费者的反馈循环和多个接触点，福布斯Forbes的业务策略正正与Magnum Opus的投资策略完美契合。」 Mike Federle续指：「B.C. Forbes先生在1917年创立福布斯Forbes时，他有一句名言：企业的目的是创造幸福，而不是累积数百万财富。这种观点在今天同样正确，在创造价值的同时，我们希望福布斯Forbes可以借助资本市场的力量，合力为大多数人创造最大的幸福，将快乐带给更多人。我们深信，这次上市将给予福布斯Forbes资源蓬勃发展，并在未来100年继续带来正面的影响力。」于2014年收购福布斯Forbes主要股权的本汇鲸媒体投资公司执行主席任德章表示：「自我们入股以后，看到福布斯Forbes管理团队成功完成数码化转型，并带来创纪录的年度回报，实在是令人兴奋！这亦证明优秀及经验丰富的执行团队、福布斯Forbes一贯值得信赖、具质量的新闻专业以及整个福布斯Forbes团队的热诚。现在是时候进入福布斯Forbes故事下一个里程碑，作为一个重要投资者，我们很高兴继续参与其中，并与 Magnum Opus 的世界级机构和战略投资者合作。」关于此次交易，福布斯Forbes及Magnum Opus管理层将会进行网络广播介绍，详情可到访福布斯网站 www.forbes.com/ir 或 www.opusacquisition.com。关于福布斯全球媒体控股集团福布斯全球媒体控股集团（Forbes Global Media Holdings Inc.）是投资控股公司，透过其附属公司，经营一家以「福布斯Forbes」为品牌，并专注于商业、投资、科技、创业、领导和生活方式的全球媒体公司。福布斯将品牌伸延至旅游、教育、房地产和金融服务行业，并于各领域建立合作伙伴关系。关于Magnum Opus Acquisition LimitedMagnum Opus是第一批创立在中国地区的特殊目的并购公司（Special Purpose Acquisition Company，简称「SPAC」）之一，并购标聚焦全球消费、科技和媒体领域。SPAC发起团队平方资本成立于2020年，在上海和香港均设有办公室。Magnum Opus的使命是通过巧妙结合IPO和私募股权交易的最佳特征，为投资者创造价值，助力企业发展、携手创始团队进入二级市场。传媒垂询：香港亚洲文化传播有限公司电话：3751 5901电邮：rachel@hk-acd.commarco@hk-acd.com Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

18 8 月, 2021

Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of CARMERA

Tokyo, Japan, New York, NY and Seattle, WA, Aug 18, 2021 - (JCN Newswire via SEAPRWire.com) - Woven Planet Holdings, Inc. ("Woven Planet"), a subsidiary of Toyota Motor Corporation, announced the closing of the acquisition of CARMERA, a U.S.-based spatial AI company that specializes in developing scalable, next-generation mapping solutions for automated mobility, a proposed transaction previously announced in July 2021. Following its acquisition of Level 5, the automated driving division of Lyft Inc., this is the second acquisition for Woven Planet, a group that is focused on mobility innovations and investments in automated driving, robotics, smart cities, and more.The CARMERA team has been a long-standing, trusted partner to Woven Planet, and with the closing of the transaction, Woven Planet will immediately oversee their offices and operations in New York and Seattle. They will join Woven Planet's Automated Mapping Platform ("AMP") team, helping develop AMP to become the most globally comprehensive road and lane network HD map platform, enabling high-precision localization support to automated vehicles. CARMERA's strengths in map updates, change management and camera-based crowdsourcing from fleets will complement and help expand upon the HD mapping platform Woven Planet has already built. Together with Level 5 and Toyota Research Institute ("TRI"), the addition of CARMERA will bring Woven Planet one step closer to achieving its vision "Mobility to Love, Safety to Live."The deal closure follows the Committee on Foreign Investment in the United States (CFIUS) review of the deal.Comment from James Kuffner, CEO, Woven Planet"This acquisition will accelerate our AMP initiative that will advance our mission to develop the safest mobility in the world at scale. Bringing CARMERA's world-class engineers and experts into the fold--as well as additional technology resources and footprints in New York and Seattle--the Woven Planet team, alongside the team of TRI and Level 5, will help us reach our goal of providing the best globally comprehensive road and lane network HD map platform. We will transform the world we live in through mobility technologies that can bring about a happier, safer future for us all."About Woven Planet GroupWoven Planet Group represents a carefully curated blend of expertise and resources dedicated to bringing the vision of "Mobility to Love, Safety to Live" to life. Through innovations and investments in automated driving, robotics, smart cities, and more, we are transforming how humankind lives, works, and moves. We exist to design, build, and deliver secure, connected, and sustainable mobility solutions that benefit all people worldwide. Founded in 2018 as Toyota Research Institute - Advanced Development ("TRI-AD"), Woven Planet is composed of four complementary companies: Woven Planet Holdings, Woven Core, Woven Alpha and Woven Capital.For more information, please visit: https://www.woven-planet.global/About CARMERACARMERA is a spatial AI company, built on the revolution of vehicular crowdsourcing and remote sensing to capture street-level change, at global breadth and high definition depth. CARMERA employs an open systems approach to working with the world's leading automotive companies, commercial mobility operators, and mapping platforms. With a team hailing from leading geospatial, machine learning and computer vision organizations, and venture backing from Google Ventures among others, the company is headquartered in New York City and Seattle. CARMERA is the recipient of multiple industry awards, including Frost & Sullivan's 2020 North American Mapping Company of the Year.For more information, please visit: https://www.carmera.com/ContactWoven Planet Holdings, Inc.pr@woven-planet.global Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

20 7 月, 2021

Woven Planet Holdings, a Subsidiary of Toyota Motor Corporation, Closes Acquisition of Lyft’s Level 5 Division

TOKYO, Jul 20, 2021 - (JCN Newswire via SEAPRWire.com) - Woven Planet Holdings, Inc. ("Woven Planet"), a subsidiary of Toyota Motor Corporation, announced the closing of the acquisition of Level 5, the self-driving division of Lyft, Inc. ("Lyft"), a proposed transaction previously announced in April 2021. This marks the first acquisition for Woven Planet, a group that is focused on mobility innovations and investments in automated driving, robotics, smart cities, and more.With the acquisition in place, Woven Planet will be provided with technology, talent, and an international footprint that will accelerate its efforts. Woven Planet will immediately oversee Level 5's offices and operations in Silicon Valley and London. In addition, Woven Planet welcomes Level 5's team of over 300 high-caliber engineers, research scientists, and mobility specialists. It will also be acquiring the Lyft division's significant sensing, computing, and software assets, and Level 5's strategic capabilities in automated driving systems.The deal closure follows the Committee on Foreign Investment in the United States (CFIUS) review of the deal and determination that there are no unresolved national security concerns with respect to the transaction.Comment from James Kuffner, CEO, Woven Planet"As the first major acquisition for the Woven Planet Group, Level 5 represents a significant investment in our future. This deal strengthens our capabilities to deliver on the promise of freedom and mobility for all, uniting the resources, talent and technology needed to place us at the forefront of the mobility revolution. World-class skills and expertise from Level 5 will be combined with exceptional engineering know-how from Woven Planet and research insights from the team at Toyota Research Institute to form an industry brain trust. We are excited to bring this acquisition over the finish line, building a 'dream team' within the automotive and mobility industry."About Woven Planet GroupWoven Planet Group represents a carefully curated blend of expertise and resources dedicated to bringing the vision of "Mobility to Love, Safety to Live" to life. Through innovations and investments in automated driving, robotics, smart cities, and more, we are transforming how humankind lives, works, and moves. We exist to design, build, and deliver secure, connected, and sustainable mobility solutions that benefit all people worldwide. Founded in 2018 as Toyota Research Institute - Advanced Development (TRI-AD), Woven Planet is composed of four complementary companies: Woven Planet Holdings, Woven Core, Woven Alpha, and Woven Capital.For more information, please visit: https://www.woven-planet.global/About LyftLyft was founded in 2012 and is one of the largest transportation networks in the United States and Canada. As the world shifts away from car ownership to transportation-as-a-service, Lyft is at the forefront of this massive societal change. Lyft's transportation network brings together rideshare, bikes, scooters, car rentals and transit all in one app. Lyft is singularly driven by our mission: to improve people's lives with the world's best transportation.Contact:Woven Planet Holdings, Inc.pr@woven-planet.global Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

19 4 月, 2021

Sanofi Renews Partnership with Cielo to Strengthen its Talent Acquisition Strategy in Asia

SINGAPORE, Apr 19, 2021 - (ACN Newswire via SEAPRWire.com) - Cielo, the world's leading Recruitment Process Outsourcing (RPO) provider, has renewed its partnership with Sanofi, a global biopharmaceutical company, to help them hire the best talent in Asia.Cielo has been working with Sanofi in Asia since 2018 to provide cutting-edge talent sourcing and recruiting strategies in the region, helping Sanofi transform its approach to talent acquisition. The partnership covers key Asian markets of Singapore, Malaysia, Indonesia, Thailand, Philippines, Hong Kong, Taiwan, Vietnam and Cambodia. Cielo is also Sanofi's RPO partner in the US and Latin America - a testament to our strategic approach and global offering."Life sciences leaders such as Sanofi are rapidly transforming their talent acquisition strategies. We are excited to renew our strategic partnership with Sanofi and continue to help them deliver on their commitment in offering innovative healthcare solutions to patients by providing in-demand talent in Asia," said Seb O'Connell, President of EMEA and APAC, Cielo. "We believe that the right talent is a key enabler for any organisation to unlock its true potential and achieve its business goals, and we are proud to support Sanofi."Speaking about the partnership, Andrea Paola Poggio, Head of Talent for Sanofi Asia said, "At Sanofi, our employees are key to our success, and we are always looking for talent who are willing to join us to drive our ambition in empowering lives of our patients. As one of the leading providers of RPO for life sciences and being agile and flexible to deliver at a fast speed, Cielo has enabled Sanofi to benefit from scalable talent acquisition solutions, and reduced time-to-hire; key elements to build a diverse & talented workforce with targeted capabilities for a rapidly changing context.""At Cielo, our teams are driven by an overarching purpose of providing superior experiences and outcomes to our clients and this relentless drive to challenge ourselves to do better fosters a strong sense of trust and mutual respect with our clients. Sanofi's renewed partnership is a validation of this trust and a testament to our Life Sciences domain expertise, commitment and value that we bring to customers," stated Kumar Bhaya, Vice President, Client Solutions APAC, Cielo Talent.About CieloCielo is the world's leading strategic Recruitment Process Outsourcing (RPO) partner and industry innovator delivering RPO, Total Talent Acquisition, Consulting and Executive Search services in 100+ countries. They design comprehensive, people-centric solutions and leverage Cielo TalentCloud - an award-winning technology suite featuring CRM, AI, automation and analytics capabilities - to help clients find, attract and hire the specific talent to move their businesses forward. To learn more, visit cielotalent.com.About SanofiSanofi is dedicated to supporting people through their health challenges. They are a global biopharmaceutical company focused on human health. They prevent illness with vaccines, provide innovative treatments to fight pain and ease suffering. They stand by the few who suffer from rare diseases and the millions with long-term chronic conditions. With more than 100,000 people in 100 countries, Sanofi is transforming scientific innovation into healthcare solutions around the globe. To learn more, visit www.sanofi.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

2 3 月, 2021

DHG LTD releases Mogu Smart Router (MSR) Version 2 in Japan

Tokyo, Japan / SEAPRWire / Mar 2, 2021 / DHG LTD (Daiko Holding Group), a global communications group operating from Tokyo, released the Mogu Smart Router (MSR) Version 2 in Japan on February 15, 2021. The MSR Version 2, optimized for Japanese internet service providers, marks the second generation of Mogu routers to reach consumer households in Asia. The Mogu launch in Japan is also the first release under the management of DHG LTD, who acquired the Singapore-based smart router company earlier this year. The acquisition of Mogu was a strategic next step for DHG to expand their footprint in Japan’s wireless internet service provider (WISP) sector. Prior to the acquisition, Mogu Technologies successfully launched the Mogu Smart Router Version 1 in mainland China, with plans to expand throughout Asia in 2020. After the emergence of SARS-CoV-2 (COVID-19), Mogu shifted focus to the Japanese market, partnering with DHG for distribution based on the organization’s expertise in both logistics and internet services throughout Japan. As DHG looked to expand their service offerings in 2021, their existing relationship fast-tracked Mogu into the expanding DHG portfolio. In addition to the Mogu Smart Router, the acquisition included the two other business units of Mogu—the MOGX token and the mobile app to manage WiFi security settings remotely. The acquisition of Mogu and the release of Mogu Smart Router Version 2 strengthens DHG’s competitive advantage to provide internet services to Japanese customers, developing a more comprehensive solution including consumer smart routers for home wireless networks. DHG LTD. CEO Akio Ito commented, “The release of the Mogu Smart Router in Japan provides a major growth opportunity for DHG, supplying our clients with an expanded product offering. We look forward to extending a streamlined, one-provider solution to our customers in Japan over the coming year.” Media contact Company Name: Mogu Technologies Contact Person: Paul Kim Email: pr@mogutech.io Country: Singapore Website: www.mogutech.io SOURCE: Mogu Technologies The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )