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WEGE Secures Project to Construct Coordinating Ministry for Maritime and Investment Affairs Office Complex at IKN

JAKARTA, Feb 2, 2023 - (ACN Newswire via SEAPRWire.com) - PT Wijaya Karya Bangunan Gedung Tbk (WEGE) has secured another project at the new capital city (Ibu Kota Negara, IKN) in East Kalimantan to construct the office complex for the Coordinating Ministry for Maritime and Investment Affairs (Kementerian Koordinator Kemaritiman dan Investasi, Kemenkomarves). The project was valued at Rp745 billion. WEGE has previously secured a project to construct modular buildings to house construction workers at IKN, and its progress has reached 94%.A highlight of the eight storey Kemenkomarves office is it features integrated Smart and Green Building concept.Another highlight is that the construction of the Kemenkomarves Office will implement Building Information Modelling (BIM) technology. The Kemenkomarves Office is located at Sepaku, Penajam Paser Utara and will not be far from the IKN Presidential Office.WEGE's scope of work in this project is design-build construction with a completion period of 660 working days. The Kemenkomarves office complex will cover an area of 24,274 square metres.WEGE Carries Out Groundbreaking of BMKG State College that Applies Smart and Green Building ConceptWEGE held a groundbreaking ceremony of the Lecture and Laboratory Building (Centre of Excellence) for the departments of Meteorology, Climatology, Geophysics, and Instrumentation (MKGI) of the State College of Meteorology Climatology and Geophysics (STMKG) in Tangerang.The groundbreaking ceremony was held on Monday (24/01) and attended by the Head of Meteorological, Climatological, and Geophysical Agency (BMKG), Dwikorita Karnawati; Head of STMKG, I Nyoman Sukanta; representative of the Tangerang City Government; President Director of WEGE, Hadian Pramudita; Director of QHSE and Marketing, Yulianto; and Director of Operations I, Bagus Tri Setyana."We hope that through Smart and Green Building concept, BMKG is contributing to reducing and controlling CO2 emissions," said the Head of BMKG, Dwikorita Karnawati in her speech.WEGE was trusted by BMKG to construct the MKGI Lecture and Laboratory Building (Centre of Excellence) located at Jalan Meteorologi No. 5, Tanah Tinggi, Tangerang, Banten.This modern campus with the Smart and Green Building concept is scheduled for completion in 350 calendar days or at the end of 2023. Construction of this BMKG state college implemented level 5D of BIM technology to support the acceleration, construction accuracy, and safety and security factors.WEGE's scope of work in this project includes planning, preparation, structural work, architectural work, mechanical, electrical & plumbing (MEP) work, and landscaping.This STMKG facility will be 39 metres high, consisting of eight floors and one basement level with a total building area of 31,540 square metres.In addition to constructing a lecture building, there will be an MKGI Laboratory (Centre of Excellence) which targets the Excellent category in Green Building Certification.This is one of BMKG's mega projects in training experts to support BMKG's duty in providing information on meteorology, climatology, geophysics, and air quality to the Indonesian people.PT Wijaya Karya Bangunan Gedung Tbk [IDX: WEGE]Contact: Purba Yudha TamaCorporate Secretary PT Wijaya Karya Bangunan Gedung Tbk. Mobile: 0813 1792 5577Phone: +6221 85908862 / 85909003Email: corsec@wikagedung.co.id Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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NEC to create a global innovation base near Tokyo

TOKYO, Nov 28, 2022 - (JCN Newswire via SEAPRWire.com) - NEC Corporation has announced the construction of a global base for innovation near Tokyo. The provisionally named "NEC Innovation Building" is slated to be 12 stories above ground and to provide a total floor area of approximately 50,000 square meters at a construction cost of roughly 33 billion yen (USD 236 million). Construction will begin in March 2023 and is expected to be complete in June 2025.Image of the NEC Innovation BuildingThe new building is scheduled to be used by approximately 4,700 people belonging to organizations, such as the Global Innovation Unit, that are involved in the creation of innovation, including the development of cutting-edge technologies and new business development at NEC. By making use of NEC's diverse assets, the company aims to become a forum for "creating knowledge" by interacting with startups and partners around the world and creating social value through open innovation.Visitors will be welcomed at an open main entrance on the second floor, and the fifth to twelfth floors will have have an atrium structure in the center with an interior staircase to provide opportunities for interaction and communication among users. In addition to office floors, the building will also have a floor for evaluation experiments and demonstrations, a floor for joint research and development with partners, and a floor for events and networking. Moreover, as a flagship building for work style reform, a "Communication Hub" will be provided as a forum for collaboration with team members throughout the building, as well as an "Innovation Hub" where individuals from inside and outside the company can gather and a variety of digital technologies, such as facial recognition, will be installed.As part of efforts to achieve carbon neutrality and promote energy conservation, the building will feature methods for taking advantage of solar power generation from the roof, geothermal heat, efficient natural ventilation using the atrium and natural lighting through sunlight from skylights. Furthermore, NEC plans to optimize control using various sensors, including lighting control from motion sensors and illuminance sensors, human flow and radiation temperature detection control using image sensors, and ventilation control using real-time occupancy detection.As a countermeasure against disasters, the building will adopt a seismic isolation structure and a machine/equipment arrangement that does not impair the building's functions, even with a flood height of 2.6m.As a key measure of NEC's Mid-term Management Plan 2025, the company is promoting "Smart Work 2.0" work style reform in order to create an environment in which organizations and individuals can perform at their best and enhance job satisfaction by following NEC's Code of Values(1). Going forward, NEC will further develop its Smart Work 2.0 and promote deeper connections with the future by creating social value through innovation with various stakeholders. In this way, the company will realize the "NEC 2030VISION"(2).Overview of the new buildingAddress: NEC Tamagawa Plant.1753 Shimonumabe, Nakahara-ku, Kawasaki, Kanagawa, JapanBuilding structure: Steel frame structure, partially reinforced concrete structureBuilding area: 8,750 m2Total floor area: 49,950 m2Number of stories: 12 floors above groundStaff capacity: Approximately 4,700 peopleStart of construction: March 2023 (planned)Completion: June 2025 (planned)Total construction cost: Approx. 33 billion yen(1) About the NEC Wayhttps://www.nec.com/en/global/about/the-nec-way.html(2) About the NEC 2030VISIONwww.nec.com/en/global/about/vision/index.htmlAbout NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of "Orchestrating a brighter world." NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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WIKA Books Sales of Rp7.18 Trillion in Q2-2022

JAKARTA, Sep 2, 2022 - (ACN Newswire via SEAPRWire.com) - PT WIJAYA KARYA (Persero) Tbk. [IDX: WIKA] successfully booked a gross profit of Rp627.24 billion in Q2-2022 or 14.8% higher on a year-on-year basis (YoY) as recorded in the financial statement for the period ended on 30 June 2022. This figure was supported by the Company's sales of Rp7.18 trillion or 6.2% higher YoY.WIKA's President Director, Agung Budi Waskito (Agung BW) said the improvement in sales performance was enabled by a 2% increase in infrastructure and building sector, 9.8% increase in industry sector, and 167.6% increase in realty & property sector YoY. Most of the revenue in realty & property sector was contributed by the hotel business as a result of the State-owned Enterprises or BUMN hotel holding process by WIKA's subsidiary, WIKA Realty.As at July, WIKA has secured new contracts worth Rp14.67 trillion. The largest contributors were the infrastructure and building sector of 58.4% and the industry sector of 22.7%. The high number of new contracts in these sectors is also due to the strategic infrastructure development program that is being promoted by the Indonesian Government to face the G20.PT WIJAYA KARYA (Persero) Tbk. [IDX: WIKA]Contact:Mahendra VijayaSekretaris PerusahaanEmail: mahendra.v@wikamail.id Website: https://www.wika.co.id/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Analogue Achieves Record-High Contracts-in-Hand of HK$12.9 Billion in First Half of 2022, Consolidated Net Profit at HK$119.2 Million

HONG KONG, Aug 26, 2022 - (ACN Newswire via SEAPRWire.com) - Analogue Holdings Limited ("Analogue" or the "Company", together with its subsidiaries, collectively the "Group") (stock code: 1977), a leading electrical and mechanical ("E&M") engineering service provider in Hong Kong, today announced its interim results for the six months ended 30 June 2022 ("the Period" or "1H2022"), having achieved revenue growth and record-high contracts-in-hand amid market challenges. The Group's total revenue grew by 29.5% year-on-year to HK$3,022 million, mainly attributable to the increase in revenue from the Building Services segment. Gross profit also soared by 41.6% year-on-year to HK$457.6 million, thanks to the higher revenue and higher margins from the Building Services segment. The gross profit margin improved to 15.1%. Consolidated net profit would have increased by 5.9% year-on-year to HK$119.2 million before provision for potential litigation liabilities, with the profit attributed to owners of the Company reported at HK$59.2 million. The Board has proposed an interim dividend of HK4.27 cents per share, representing a dividend payout ratio of 50%.Highlights-- Record-high contracts-in-hand amounted to HK$12.9 billion, up 8.8% year-on-year-- Total revenue increased by 29.5% to HK$3,022 million -- The consolidated net profit at HK$119.2 million before provision for potential litigation liabilities. The profit attributed to owners of the Company reported at HK$59.2 million-- Gross profit margin rose from 13.8% to 15.1% year-on-year-- Healthy cash position with cash balance amounting to HK$1,073.7 million-- High dividend payout ratio maintained at 50%The value of contracts awarded to the Group during the Period grew significantly by 96.6% year-on-year, while its contracts-in-hand also reached a record high of HK$12,919 million as at 30 June 2022, providing a strong foundation for the core business' further expansion. The Group's tendering activities remained active during the Period, with 675 tenders or quotations valued at over HK$1 million each. Dr. Otto Poon Lok-to, Chairman of Analogue Holdings Limited, said, "Despite the many challenges encountered, I believe we have made a good start in 2022, maintaining growth in business scale and new contract wins, as well as achieving record-high contracts-in-hand. Over the course of the Group's 45-year journey, we are honoured to have fortified our leading position in the industry, kept abreast of developments over the years and continued to adhere to and reinforce the best business practices. Leveraging our 'New Technology, New Market, New Business Model' master plan, we are well positioned to enjoy a more advantageous and distinguished position in the industry and to sustain the long-term growth of our business."As the Group's major growth driver, Building Services segment's revenue increased by 43.7% to HK$2,036 million. Its recurring revenue stream increased with new maintenance contracts worth more than HK$127 million secured. Contracts-in-hand of this segment reached HK$6,391 million, in which HK$3,534 million were newly secured projects, including infrastructure, shopping malls, office buildings, data centres, residential developments and hotels in Hong Kong, Macau as well as the Mainland China. Moreover, in view of the urgently-needed capacity of mortuaries due to the increase in mortality rate during the COVID wave in 1H2022, the Group proactively adopted its proprietary ATAL Building Services Prefabrication and Modularisation Construction Technology ("ABSPM") coupled with digitalisation technologies for improved quality, safety, cost and project management of a public mortuary project, and successfully completed it by mobilising teams of workers on very short notice. Leveraging its strong track record, the Group is well placed to seize the upcoming business opportunities generated from the rapid development of data centres, as well as the expansions of railway lines and hospitals in Hong Kong. As of 30 June 2022, Environmental Engineering segment's contracts-in-hand amounted to HK$4,953 million, including five new contracts that underscore our expertise in project management services, as well as operation and maintenance contracts for electrical and mechanical works for water, wastewater and solid waste management. The Group will continue to implement innovative approaches for reinforcement, protection, operation and maintenance of treatment plants to extend their working life and ensure they are operated and maintained at optimal capacity to serve the Hong Kong community. On the research and development (R&D) front, the Group's proprietary "Digital Twin technology" was further advanced to monitor the influent quality of incoming sewage at a sewage plant in a more efficient manner. Tendering activities outside Hong Kong and the Mainland China included water treatment works at Kaliwa and Wawa, both in the Rizal Province of the Philippines.Information, Communications and Building Technologies ("ICBT") segment's contracts-in-hand rose by 13.0% year-on-year to HK$1,059 million. To support the development of Hong Kong's "Smart City" and "Smart Economy" visions, the Group has spared no effort in adopting green and intelligent building solutions which integrate a wide range of information and communications technologies with AI, robotic solutions, energy and management technologies. As a result of its strong R&D capabilities, the Group's AI Energy Management Platform, Internet of Things ("IoT") applications, Video Analytics technology, and "walkable" Photovoltaic ("PV") have been chosen for a world-class 36-storey smart office and commercial building project in Central, Hong Kong's prestigious CBD. Going forward, the Group will continue to deploy digital technologies to its maintenance service capabilities and invest to drive digital transformation across smart building technologies. The Lifts and Escalators segment's contracts-in-hand amounted to HK$516 million as of 30 June 2022, with the majority of profit contributed by maintenance contracts. In the overseas markets, our Anlev Elevator Group ("Anlev") secured strategic orders for mass transportation in Brazil and the hotel industry in Mexico. It is also finalising orders for an iconic and prestigious residential project in the United Kingdom through its wholly owned subsidiary Anlev (UK) Limited. To further expand its global footprint, the Group will seek new distributors in the United States, Europe and Southeast Asia. In parallel, the Group is completing a RMB60 million expansion of its Nanjing factory facilities to increase production capacity for lifts and escalators to meet the anticipated demand and growth of the global business.In 2022, the Hong Kong Government has budgeted a steady increase of spending on public capital works projects of at least HK$100 billion in each of the coming years. Additionally, the annual construction output is estimated to reach HK$300 billion, which will include a variety of public and private housing, commercial development and infrastructure projects in new towns. An expenditure of HK$200 billion is also expected as part of the 10-year Hospital Development Plan with a further HK$300 billion investment in the second 10-year Hospital Development Plan. All of these plans, together with Hong Kong's Smart City and Smart Economy visions, the thriving development of data centres and expansion projects of mass transit railway in Tung Chung, Hung Shui Kiu, Tuen Mun and Kwu Tung present tremendous opportunities. The Group is well-positioned to capitalise on these many growth opportunities and add value to customers by leveraging its capacity for innovation, digital technology, and passion to deliver results more effectively, efficiently and sustainably.Leveraging its successful experience in equity partnership with Transel Elevator & Electric Inc. ("TEI"), one of the largest independent lifts and escalators companies in New York, and the establishment of Anlev subsidiaries in the United Kingdom, the Group will seek synergistic business partners where appropriate to expand its footprint, create new business opportunities and build new revenue streams. Dr Poon concluded, "Being buoyed by the 'can-do spirit' of the new Hong Kong SAR Administration, we will grasp the tremendous opportunities arising from the increasing infrastructure development moving onward, leveraging our depth of expertise and experience in the industry. In addition to the local market, we are also cautiously optimistic about the development opportunities in various overseas countries that are now proceeding with major infrastructure developments, which have added motivation to our global expansion efforts. With our motto 'We Commit, We Perform, We Deliver', we have confidence that Analogue will witness further business growth in the years to come."For more details of the 2022 Interim Results, please refer to the announcement that has been filed with The Stock Exchange of Hong Kong Limited.https://www1.hkexnews.hk/listedco/listconews/sehk/2022/0826/2022082600423.pdfAbout Analogue Holdings LimitedEstablished in 1977, Analogue Holdings Limited is a leading electrical and mechanical ("E&M") engineering service provider headquartered in Hong Kong, with operations in Macau, Mainland China, the United States and the United Kingdom. Serving a wide spectrum of customers from public and private sectors, the Group provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies ("ICBT") and Lifts & Escalators. The Group also manufactures and sells Anlev lifts and escalators internationally and has entered into an alliance with Transel Elevator & Electric Inc. ("TEI"), one of the largest independent lifts and escalators companies in New York, the United States. The Group's associate partner, Nanjing Canatal Data Centre Environmental Tech Company Limited (603912.SS), is specialised in manufacturing of precision air conditioners. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Electric Building Solutions Delivers 123 Elevators to Large Office Building in China

TOKYO, Aug 2, 2022 - (ACN Newswire via SEAPRWire.com) - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Tadashi Matsumoto) announced today that Shanghai Mitsubishi Elevator Co., Ltd. has delivered 123 elevators for JD.com's new Headquarters building *1 for second phase construction.JD.com Headquarters (Second Phase Construction)The building is located in Yizhuang Economic Development Zone in Beijing and has a total floor area of 530,000 square meters. Approximately 15,000 people work in the 19-story building complex consisting of three parts (A, B and C office buildings), including five underground floors. Since many employees and visitors come and go every day, the occupation density on each floor is expected to be higher than that of a typical building. Accordingly, shortening the waiting time for elevators was a challenge.Of the 123 units delivered, 84 are large-capacity elevators that are usually installed in 40 to 50-story buildings. These units can be operated under a group control system and MEBS's Destination Oriented Allocation System (DOAS) to efficiently transport large numbers of users at once, easing congestion in the buildings and contributing to comfortable travel.Product FeaturesJD.com's new Headquarters building is recognized as a smart building with a variety of new cutting-edge building facilities installed, including facial recognition access, IP telephone and web conferencing systems using a high-speed 5G network, and AI-based building monitoring and smart lighting systems. MEBS is supporting smooth movement within the building by delivering elevators that are compatible with group control system and DOAS operation.1) Group control system to enhance operational efficiency- This system controls multiple elevators at all times to reduce waiting time and save electricity.- The introduction of AI maximizes operational efficiency by predicting traffic in the buildings and controlling the number of elevators allocated accordingly.2) Destination Oriented Allocation System (DOAS) to ensure comfortable travel- This system eases congestion in elevator lobbies by distributing passengers according to their destination floor.- By holding an ID card over the card reader, users can register their destination floor in advance and board the elevator without touching the hall button.MEBS's Elevator Business in ChinaChina is the world's largest elevator and escalator market, with an annual demand for new elevators and escalators exceeding 900,000 units. Although the growth in units sold has slowed considerably in recent years due to restrained speculation in the real estate market, moderate expansion is expected to continue against the backdrop of actual demand for public infrastructure and housing. MEBS will continue to respond to the needs of the Chinese market by providing safe, reliable, and comfortable products and services.Overview of ProjectProject Name: JD.com Headquarters (Second Phase Construction)Location: Yizhuang Economic Development Zone, Beijing, ChinaBuilding: 5 basement levels and 19 above-ground storiesTotal floor area: 530,000 m2Products: Elevator(MAXIEZ) 123 unitsSpecification:- High ZoneUnit: 84, Capacity: 1,800 kg, Speed: 240 m/m, No. of stops: 14-26, Notes: Group control system with DOAS- Low ZoneUnit: 39, Capacity: 1,600 kg, Speed: 105 m/m, No. of stops: 3-10Sales company: Shanghai Mitsubishi Elevator Co., Ltd. (SMEC)Manufacturer: Mitsubishi Electric Shanghai Electric Elevator Co., Ltd. (MESE)Overview of SMECCompany Name: Shanghai Mitsubishi Elevator Co., Ltd.Location: 811 Jiang Chuan Road, Minhang, ShanghaiOwnership:- Shanghai Mechanical & Mechanical Industry Co., Ltd.: 52%- China National Machinery Import & Export Corp.: 8%- Mitsubishi Electric Corporation: 32%- Mitsubishi Electric Building Solutions Corporation: 8%Established: December 1986Business: Sales, manufacture, installation, and maintenance of elevators and escalatorsOverview of MESECompany Name: Mitsubishi Electric Shanghai Electric Elevator Co.,Ltd.Location: No.1211 Zhongchun Rd., Minhang, ShanghaiOwnership:- Shanghai Mechanical & Mechanical Industry Co., Ltd.: 40%- Mitsubishi Electric Corporation: 40%- Mitsubishi Electric Building Solutions Corporation: 20%Established: August 2002Business: Sales, manufacture, installation, and maintenance of elevators and escalatorsOverview of MEBSCompany Name: Mitsubishi Electric Building Solutions CorporationBackground: A new consolidated subsidiary of Mitsubishi Electric established in April 2022 to take over and integrate the building systems business of Mitsubishi Electric through an absorption-type split into Mitsubishi Electric Building Techno-Service Co., Ltd., a consolidated subsidiary mainly responsible for elevator maintenance and renewal business.Location: (Head Office) 7-1 Yurakucho 1-Chome, Chiyoda-ku, Tokyo(Headquarters) 2-7-3 Marunouchi, Chiyoda-ku, Tokyo, 7-19-1 Arakawa, Arakawa-ku, TokyoEstablished: March 29, 1954 (Date of establishment of Mitsubishi Electric Building Techno-Service Co., Ltd.)Founded: April 1, 2022Paid-in Capital: 5,000 million yenRepresentative: Tadashi MatsumotoBusiness:- Development, manufacture, sales, installation, maintenance, repair, etc., of elevators, escalators and building management systems- Sales, installation, maintenance and repair of refrigeration systems and air conditioners- Comprehensive building management, including monitoring and control of various building facilities, facility management, operation, and consulting*1 In addition to the latest smart building equipment, the building is designed with consideration for the environment in accordance with China's Green Building Assessment (GB standard), which has been in effect since 2006.Customer InquiriesStrategic Planning Division, Global Business GroupMitsubishi Electric Building Solutions Corporationbod.inquiry@rk.MitsubishiElectric.co.jpMedia InquiriesCorporate Communication DivisionMitsubishi Electric Building Solutions Corporationa_meltec-kouhou@meltec.co.jp Copyright 2022 ACN Newswire. 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Analogue Achieves Revenue and Net Profit Growth to HK$5,351 Million and HK$314 Million Respectively Despite Adverse Market

HONG KONG, Mar 25, 2022 - (ACN Newswire via SEAPRWire.com) - Analogue Holdings Limited ("Analogue" or the "Company", together with its subsidiaries, collectively the "Group") (stock code: 1977), a leading electrical and mechanical ("E&M") engineering service provider in Hong Kong, today announced its annual results for the year ended 31 December 2021 ("the Year" or "FY2021") with revenue and net profit growth, posting a solid performance amid the pandemic and global uncertainty.Highlights-- Total revenue reached HK$5,350.7 million, an increase of 10.8% compared with adjusted revenue in FY2020-- Profit attributable to owners of the Company grew 4.3% year-on-year to HK$314.3 million-- Revenue from maintenance services increased 7.2% to HK$945 million-- High dividend payout ratio maintained at 50.2%During the Year, the Group's total revenue increased by 4.4% year-on-year to HK$5,350.7 million, mainly driven by both Building Services and Environmental Engineering segments. After adjusting the revenue for FY2020 from Transel Elevator & Electric Inc. ("TEI"), which has been reported as an associate of the Group since August 2020, the Group's total revenue would have increased by 10.8% year-on-year. In particular, revenue from maintenance services, a source of recurring income, increased by 7.2% year-on-year to HK$945 million, accounting for an increased proportion to 17.7% of the total revenue. Gross profit amounted to HK$878.4 million, with gross profit margin at 16.4%. Profit attributable to owners of the Company grew by 4.3% year-on-year to HK$314.3 million, even in the absence of such wage subsidies as the Government's "Employment Support Scheme" in 2020, which is evidence that the Year is most encouraging. The Board has proposed a second interim dividend of HK7.25 cents per share. Together with the first interim dividend of HK4.02 cents per share, the total dividend for the Year amounted to HK11.27 cents per share, representing a high dividend payout ratio of 50.2%.The Group has drawn on its exceptional project execution capability to deliver on the order book throughout 2021. Contracts-in-hand reached approximately HK$11,309 million as at 31 December 2021. Tendering activities remained active during the reporting period, with a total of 1,676 tenders valued at over HK$1 million each. Dr. Otto Poon Lok-to, Chairman of Analogue Holdings Limited, said, "In 2021, although the E&M engineering sector was less affected by COVID-19 when compared with other industries, we still faced various challenges, such as interruptions in tendering for public works projects, high material and labour costs, etc. At Analogue, we upheld our motto 'We commit, We perform, We deliver' while doubling efforts to overcome challenges, which included optimising all facets of operation. In terms of business mix, we intentionally increased the proportion of contributions from maintenance services to ensure a stable source of income. Regarding geographical expansion, we leveraged our successful track record in Hong Kong, Macau and Mainland China to establish footholds overseas. As an advocate of innovation, we continued to direct our efforts towards enriching business operations through applications of new technologies. Our strategies have resulted in increased revenue and profitability in FY2021 despite the testing environment."With active project delivery throughout the Year, Building Services segment's contracts-in-hand reached HK$4,892 million as of 31 December 2021. As an early adopter of cutting-edge building technologies, the Group pioneered the first high-rise building in Hong Kong using the advanced Modular Integrated Construction ("MiC") method. This track record won it HK$150 million worth of MiC contracts in FY2021. In light of the surging demand for MiC, the Group has been expanding its Multi-trade Integrated Mechanical, Electrical and Plumbing ("MiMEP") facilities and developing its proprietary ATAL Building Services Prefabrication and Modularisation Construction Technology ("ABSPM") to further improve the speed, cost, safety, and quality of construction work. During the Year, the Group participated in the building services work for one of the biggest data centres and secured additional installations and maintenance projects from major data centre operators in Hong Kong. Other key projects secured include a major hospital term contract and seven residential projects worth approximately HK$800 million, as well as a major contract for a Hong Kong racehorse training facility located in Guangzhou.Environmental Engineering segment's contracts-in-hand amounted to HK$4,977 million. During the Year, the Group won four term contracts for the Hong Kong Government's Water Supplies Department that brings citywide benefits, covering all waterwork installations throughout the territory, such as the maintenance of mechanical and electrical equipment, instrumentation equipment, water quality monitoring equipment and plants. In addition, the Group took part in the iconic project of the Hong Kong Government Drainage Services department to upgrade the existing sewage treatment works to become the effluent polishing plant in Yuen Long which has been upgraded to meet future development needs, including expanding the treatment capacity from 70,000m3/day to 150,000m3/day. The deployment of the most advanced sewage treatment technologies featuring green design and community provisions will create an exemplary community asset and a more sustainable Hong Kong. The Group also commenced the operation and maintenance works for the sewage treatment plants in San Wai and power stations in Castle Peak and Black Point during the Year. Information, Communications and Building Technologies ("ICBT") segment's contracts-in-hand increased by 2.7% to HK$877 million during the Year. To contribute to the development of Hong Kong's "Smart City" and "Smart Economy" initiatives, the Group rolled out a number of ICBT projects, including its proprietary Internet of Things ("IoT") applications for Smart Washrooms, Retro-commissioning (RCx) of electrical and mechanical systems, Indoor Environmental Quality (IEQ) Monitoring, Indoor Positioning and Video Analytics, as well as its in-house developed Cloud-based AI Energy Management Platform during the Year. In particular, the AI Energy Management Platform, IoT applications and Video Analytics technology have been chosen by more than 20 shopping malls, while its Photovoltaic ("PV") systems will be installed in more than 100 schools and NGOs. Such continuous contributions to streamlining digital processes and applying them will ultimately benefit society and advance the Smart City development in line with the government's blueprint.The Lifts and Escalators segment's contracts-in-hand amounted to HK$563 million. During the Year, Anlev Elevator Group ("Anlev"), the Group's global brand of lifts, escalators, and moving walkways, completed the installation of Hong Kong's first commercial puzzle-stacking automated parking system, which advances "Smart Mobility" in Hong Kong, with the form of flexible automated parking system (APS). Designed by Anlev, the APS leverages innovative technology to provide 30 to 100 percent more parking spaces within the same footprint to alleviate the shortage of parking space in Hong Kong, enhance traffic planning and bring greater convenience to motorists. Following the success of the first APS project, Anlev was awarded a further contract to provide an APS for the new government building in the Kai Tak Development Area. For overseas markets, the alliance with TEI, one of the largest independent lift and escalator companies in New York, effectively enhanced the Group's operational and technical capabilities, and widened its service offering to international customers. The Group's new market strategy is also evidenced by the establishment of its first lifts and escalators company in the United Kingdom."On the green initiatives front, I am pleased that the Group has become the first E&M engineering group in Hong Kong to obtain a Sustainable Finance Certification from the Construction Industry Council and achieve the Green Loan Pre-Issuance Stage Certificate under the Green and Sustainable Finance Certification Scheme launched by the Hong Kong Quality Assurance Agency, as well as issuing a green financing instrument that will go towards enhancing water and wastewater management. In continuing this green journey, we are actively collaborating with prominent universities to develop more green energy and innovative environmental solutions," added Dr Poon.In 2022, despite the emergence of the fifth wave of COVID-19 in Hong Kong having hampered the pace of economic recovery, on-going significant investments in infrastructure, the "Smart City" initiatives, the rise of IoT, as well as the rapid development of the Greater Bay Area are expected to present tremendous opportunities to Analogue. The outlook remains positive for the Group, which has been able to focus on its well-established foundation and innovative culture to sustain the operation through the uncertainties. Dr Poon concluded, "Good opportunities arise even amidst challenging times. With strong business fundamentals and a sound financial position, we are well-positioned to grasp the growth opportunities ahead. Apart from organic growth, we will continue our efforts in exploring M&A opportunities in different parts of the world to support our expansion plans, with priorities placed on companies that have synergistic effects. 2022 marks the 45th anniversary of the Group. Over the past decades, we have dealt with numerous challenges, and have grown stronger from such experiences. With our pioneering spirit, utmost determination, wealth of experience and solid foundation, we are confident in achieving our expansion plans and propelling Analogue to new heights."For more details of the 2021 Annual Results, please refer to the announcement that has been filed with The Stock Exchange of Hong Kong Limited.https://www1.hkexnews.hk/listedco/listconews/sehk/2022/0325/2022032501168.pdfAbout Analogue Holdings LimitedEstablished in 1977, Analogue Holdings Limited is a leading electrical and mechanical engineering service provider headquartered in Hong Kong, with operations in Macau, Mainland China, the United States and the United Kingdom. Serving a wide spectrum of customers from public and private sectors, the Group provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies ("ICBT") and Lifts & Escalators. The Group also manufactures and sells Anlev lifts and escalators internationally and has entered into an alliance with Transel Elevator & Electric Inc. ("TEI Group"), one of the largest independent lifts and escalators companies in New York, the United States. The Group's associate partner, Nanjing Canatal Data Centre Environmental Tech Company Limited (603912.SS), is specialised in manufacturing of precision air conditioners. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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What You Need to Know about Tezos (XTZ) in 2022

SINGAPORE, Jan 28, 2022 - (ACN Newswire via SEAPRWire.com) - 2021 was a huge year for the cryptocurrency market, with huge strides in growth and adoption of digital assets, NFTs, and blockchain worldwide. It was also an incredible year for Moonstake as we rose to the top rankings of global staking providers, reaching a total staking assets of $1.8 billion thanks to the support of our users and partners worldwide. As we begin the new year 2022, Moonstake as well as our strategic coin partners have many exciting news and programs in store for you as our platforms scale and evolve. To welcome our user community into the exciting new year, we're creating a series of articles in collaboration with our strategic partner on what you need to know about our partner coins in the year 2022, this time with Tezos.Since August 2020, Moonstake has been supporting XTZ staking via strategic partnership with TZ Ventures, a Tezos-centric blockchain startup combinator from South Korea supported by the Tezos Foundation. Since then, Moonstake has hosted a number of campaigns that promoted awareness of the Tezos ecosystem as well as adoption of XTZ staking to global users.Mainstream adoption of crypto reached an all-time high in 2021 and Tezos was one of the biggest players. Household names include Ubisoft, Red Bull, McLaren, The Grammy Awards, Groupe Casino, Whitney Houston, Doja Cat, Linkin Park, Cambridge University, The Catholic Church, UN Migration Agency, Deloitte, Save the Children, United Nations Development Programme (UNDP), and many more have started building on Tezos network. This has resulted in major growth on Tezos in the realms of NFTs, DeFi, and DApps. By the end of 2021, Tezos recorded over 33 million contract calls on mainnet with 24.5 million transactions being NFT related. In this article, we will be interviewing our partner at TZ Ventures about what is in store for the Tezos ecosystem and its user community in 2022.Q1 Which 2021 achievements are you the most proud of?We are very proud of and still support (tech consulting) our incubating firms who received funding - 1 Seed, 1 Series A, 1 Series B funding were secured in 2021. We are also cooperating with prominent projects in the game, NFT, K-pop and fin-tech industries and have signed numerous blockchain research MOUs. Additionally, we are currently incubating established companies in the metaverse and NFT space - projects projected to be the next big thing in Asia. Q2 What measures are you going to take in 2022 to further increase adoption of Tezos?Firstly, we will focus on assisting projects in applying for and receiving Tezos Foundation Grants - more than US$2.5 million in funding for over 200 projects in at least eight countries has been granted since Q2 2021. Also, We will leverage the focus of the Tezos Foundation as it positioned itself as the blockchain popular for developers and creators of NFTs: Most notably in Tezos, music NFT platforms such as Quincy Jones-backed OneOf and AmplifyX, as well as art NFT marketplace Hic et Nunc among many built on Tezos. Formula One teams Red Bull Honda Racing and McLaren Racing are also partnering with Tezos to build and create NFTs for fan engagement.Q3 What can users expect from Tezos in 2022?As stated previously, you can expect a faster turnaround in the Tezos Foundation Grants process. Also, NFTs will flourish on the Tezos network due to the blockchain's energy-efficient design and lower gas fees.Moonstake is proud to be strategic partners of TZ Ventures. We will continue to maintain strong support for the ever growing and developing Tezos ecosystem and hope to bring even more great value to XTZ and crypto users worldwide in 2022 to help accelerate adoption of the Tezos and Moonstake ecosystems together.About MoonstakeAs a world-leading staking service provider, Moonstake develops and operates decentralized wallet services for enterprises and end users.Our full-scale staking business started in August 2020. With the support of users all over the world, our total staking assets has risen to 1.8 billion dollars. In June 2021, we ranked third among 15,000 staking providers globally.So far, we have expanded our business and ecosystem through about 30 strategic partnerships, including major blockchains such as Emurgo which is a constituent organization of Cardano, TRON, and NEO. In May 2021, we became a wholly owned subsidiary of the listed company "OIO Holdings Limited" on the Singapore Stock Exchange and we are working to further expand Moonstake's business and improve our credibility. https://www.moonstake.io/About TZ VenturesTZ Ventures incubates early stage blockchain startups on Tezos. They provide support to projects building on Tezos and venturing into equity financing in South Korea. They mainly incubate projects on Tezos and aim to build real business use cases of blockchain technology. They run a regular program that assists startups with office space, technical support, mentoring, marketing, partnerships, fund-raising and more. https://www.tz.ventures/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Analogue Records Net Profit Growth in 2021 Interim Results

HONG KONG, Aug 26, 2021 - (ACN Newswire via SEAPRWire.com) - Analogue Holdings Limited ("Analogue" or the "Company", together with its subsidiaries, collectively the "Group") (stock code: 1977), a leading electrical and mechanical ("E&M") engineering service provider in Hong Kong with operations in Macau, Mainland China, United States and United Kingdom, today announced the interim results for the six months ended 30 June 2021 ("the Period" or "1H2021"), achieved net profit growth despite the challenging operating environment due to the COVID-19 pandemic.Highlights-- Profit attributable to owners of the Company increased by 5.3% to HK$112.5 million-- Record high value of outstanding contracts in hand amounted to HK$11.9 billion, up 10.2% year-on-year-- Healthy cash position with cash balance amounted to HK$1,255.6 million -- High dividend payout ratio maintained at 50%During the Period, the Group's total revenue amounted to HK$2,333.6 million, including the contributions from Transel Elevator & Electric Inc. ("TEI") from April to June 2020 when it was a subsidiary of the Group. Excluding the revenue from TEI, the total revenue would have recorded an increase of 3.9% year-on-year. Gross profit and gross profit margin amounted to HK$323.0 million and 13.8% respectively. Profit attributable to owners of the Company reached HK$112.5 million, up by 5.3% year-on-year. The Board has proposed an interim dividend of HK4.02 cents per share, representing a dividend payout ratio of 50%.Leveraging its strong foundation built upon its core businesses, the Group again achieved record high value of outstanding contracts in hand at approximately HK$11.9 billion as at 30 June 2021, representing a 10.2% increase over the previous period. With the global and local economy recovering visibly, the Group has been active in tendering, submitting a total of 747 tenders or quotations which valued at over HK$1 million each during the Period.Dr Poon Lok To Otto, Chairman of Analogue Holdings Limited, said, "In the first half of 2021, we remained vigilant in responding at scale and pace to the COVID-19 pandemic whilst putting our motto We commit, We perform, We deliver at the heart of everything we do. I believe a critical success factor throughout these challenging times is that we always look to the long-term whilst maintaining our focus on innovation and technical excellence as we build a legacy for our business. Our achievements in the first half of 2021 are a testament, not only to our efforts and capabilities but also to our management team's vision in reading the dynamic landscape. Under the testing business environment, we maintained a steady stream of promising news, from gaining our first foothold in Europe for our lifts and escalators business to signing new contracts and engaging in several iconic projects locally, such as the new awarded projects in Kai Tak Development."During the Period, the Building Services segment's outstanding contracts in hand were valued at HK$5,138.3 million. The key profit contribution for the segment included a packaged solution of Heating, Ventilation and Air Conditioning (HVAC), Electrical, Fire Services and Building Management System for a mixed-use development in Kai Tak and the provision of maintenance services of HVAC systems in metro facility at varies locations, which was supported by the Group's 24/7 call centre. The Group has proactively been undertaking smart innovation projects in both the public and private sectors by implementing new technologies such as Modular Integrated Construction ("MiC"), Building Information Modelling ("BIM") and Multi-trade integrated Mechanical, Electrical and Plumbing ("MiMEP") systems. Currently, over 50% of the building services projects having adopted BIM in coordination and project management works marking a significant step forward in demonstrating its benefits in bringing construction practices into the digital age. Leveraged its pioneering technologies and market-leading position, the Group had been awarded a number of notable Grade A office building projects in Wan Chai and Central as well as installation and maintenance services for prestigious clients, including operators of railway and data centre in Hong Kong and public authorities; and operators of airport complexes, public housings and public hospitals in Hong Kong.Environmental Engineering segment's outstanding contracts in hand surged by 154.7% year-on-year to HK$5,268.4 million, mainly attributable to the increased number of environmental infrastructure projects in support of the government's announcement to improve environmental protection outlined in the 2020-21 budget. During the Period, the Group won contracts from the government departments for E&M works of water supplies and drainage services, ranging from maintenance to contracting works. Leveraging the proprietary technologies and a strong track record, the Group also actively sought overseas business opportunities, involving in tendering activities for works outside Hong Kong and the Mainland China. At the same time, the Group has stepped up its investment in value-added initiatives and developed the Digital Twin technology to optimise the chemical usage and operation efficiency at designated water and wastewater treatment plants. During the Period, the Information, Communications and Building Technologies ("ICBT") segment's outstanding contracts in hand were up 5.5%, valued at HK$936.9 million. The Group continued to utilise green and intelligent building solutions to contribute to the development of a "Smart City" and "Smart Economy". Hence, the Group has introduced a wide range of ICBT applications, including an in-house developed Cloud-based AI Energy Management Platform and a newly developed smart "Internet of Things" (IoT) applications such as Smart Washrooms, Retro-commissioning (RCx), Indoor Environmental Quality (IEQ) Monitoring, Indoor Positioning and Video Analytics, resulted in orders secured by the Group. These include the first Automatic Guided Vehicle (AGV) smart parking installation successfully completed and commenced operation in 2021 in support of Smart Mobility in the city. Further business opportunities are expected to be unleashed in the near future.The Lifts and Escalators segment's outstanding contracts in hand amounted to HK$526.3 million. The Group has developed an in-house technology utilising IoT and big data analytics in predictive maintenance of lifts and escalators and other applications such as fault diagnosis of electrical and mechanical systems, which helps the Group to maintain the high quality of services and ensure the safety. As a global brand whose lifts, escalators, and moving walkways are serving millions of users in Asia, the Americas, and Europe. Armed by its high-end technology implementation, it is also worth noting that Analogue has won first place in "Escalator: modernisation" category of Elevator World's "2021 Project of the Year" contest for the Central-Mid-Levels Escalator and Walkway System modernisation project, being the only company from Asia on the winners list. The Group was also awarded the first "Puzzle Stacking System Carpark" in Hong Kong, under the new Lifts & Escalators Ordinance; maintenance contract of escalators for government buildings, and the automatic carparking system of a public complex in Kai Tak during the Period. In addition, the Group expected to incur RMB60 million to expand the Nanjing factory facilities to enhance the production capacity for Lifts & Escalators to meet the anticipated demand and growth of the business.Despite the ongoing COVID-19 pandemic and various geopolitical uncertainties including the US-China trade tensions, the outlook for the construction industry and the Group remain positive as the Hong Kong Government is pledging its support to invest in infrastructure projects, including a plan to increase the annual capital works expenditure on the supply of 430,000 housing units in the coming 10 years and an expenditure of HK$200 billion as part of the 10-year Hospital Development Plan. In addition, with expertise in the development and adoption of innovative construction technologies, the Group is well positioned to capture the increasing market demand for upgrading or replacing systems in existing buildings and the tremendous opportunities from the Government's Smart City initiative. Dr Otto Poon concluded, "As a leading player in the industry, we have been taking the lead to support the adoption of innovative construction technologies in coordination and project management works, constituting a significant step towards the digital transformation of our construction industry. Looking ahead, we will continue to utilise our local expertise to expand our presence globally and in other business segments that are close to our core business, aiming to ultimately achieve sustainable growth and create long term value for our shareholders."For more details of the 2021 Interim Results, please refer to the announcement that has been filed with The Stock Exchange of Hong Kong Limited.https://doc.irasia.com/listco/hk/analogue/interim/2021/int.pdfAbout Analogue Holdings LimitedEstablished in 1977, Analogue Holdings Limited is a leading electrical and mechanical engineering service provider headquartered in Hong Kong, with operations in Macau, Mainland China, the United States and the United Kingdom. Serving a wide spectrum of customers from public and private sectors, the Group provides multi-disciplinary and comprehensive E&M engineering and technology services in four major segments, including Building Services, Environmental Engineering, Information, Communications and Building Technologies ("ICBT") and Lifts & Escalators. The Group also manufactures and sells Anlev lifts and escalators internationally and has entered into an alliance with Transel Elevator & Electric Inc., one of the largest independent lifts and escalators companies in New York, the United States. The Group's associate partner, Nanjing Canatal Data Centre Environmental Tech Company Limited (603912.SS), is specialised in manufacturing of precision air conditioners. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Haily Group Berhad debuts at 11 sen premium, 16.18% above IPO price

KUALA LUMPUR, Jul 21, 2021 - (ACN Newswire via SEAPRWire.com) - Haily Group Berhad ("Haily" or the "Group") has debuted on the ACE Market of Bursa Malaysia Securities today with a sterling performance. At 9.00a.m., the Group's shares opened at 79 sen, which was a 11 sen premium or 16.18% higher than its initial public offering ("IPO") price of 68 sen per share, with the first traded volume recorded at 7,191,600 shares.Haily is principally a main contractor involved in building construction of residential and non-residential buildings in the Southern Region of Peninsular Malaysia, particularly Johor, and is also involved in the provision of rental of construction machinery.The Group's IPO involved a public issue of 30.00 million shares at 68 sen each and raised gross proceeds of RM20.40 million. Of the 30.00 million shares, it was offering 8.92 million shares to the Malaysian public, 10.00 million to its eligible directors, employees and persons who have contributed to the success of the Group, and 11.08 million to selected investors by way of a private placement.In addition, there was an offer for sale by its promoters that involved 18.00 million existing ordinary shares in Haily by way of a private placement to selected investors. Its promoters are Haily Holdings Sdn Bhd, See Tin Hai and Kik Siew Lee.The offering of 8.92 million shares to the Malaysian public was oversubscribed by 38.81 times. TA Securities Holdings Berhad is the Principal Adviser, Sponsor, Underwriter and Placement Agent in relation to the IPO.Commenting on the listing ceremony, Haily Independent Non-Executive Chairman Tuan Haji Mohd Jaffar Bin Awang (Ismail) said: "The listing marks an important milestone for Haily as it successfully brings the Group to greater heights, and everything began from the humble beginnings of our founders Mr. See Tin Hai and Madam Kik Siew Lee back in 2007. I believe that the listing exercise will help to unlock the potential of the Group by enhancing our reputation as we market our construction services and expand our customer base in Malaysia."At the virtual listing ceremony, he said that the Group plans to continue focusing on its core competency in building construction in Johor while leveraging on its experience to extend its reach to the other districts. "Our Group will be able to leverage on our capabilities as a Grade G7 contractor which allows us to bid and carry out any size of building construction projects irrespective of the contract value."He explained that Haily had completed a total of 65 building construction projects with a total contract value of RM1.29 billion since 2008."We have on-going projects that can sustain us at least until 2023. Currently, Haily has 18 building construction projects as well as 2 civil engineering related construction projects. The total secured contract value and unbilled contract value as at 10 June 2021 stood at RM460.04 million and RM249.58 million respectively," he elaborated.Tuan Haji Mohd Jaffar Bin Awang (Ismail) said that the Group also plans to expand into industrial building construction to address opportunities provided by economic developments in Johor, adding that the Group had completed 6 industrial building construction projects with a total of 68 units of factories located in the districts of Johor Bahru and Kulai."We will also use part of the proceeds raised from our IPO exercise to purchase additional construction machinery and equipment mainly to facilitate better scheduling of our construction work when the projects require concurrent usage and in anticipation of future growth," he said, adding that improving the overall operational capabilities is also a priority of the Group besides expanding its foothold in other districts in Johor.On its dividend policy, the Group has an intention to distribute dividends of at least 30% of its annual profits attributable to its shareholders upon completion of the listing. However, it is not a legally binding obligation/guaranteed commitment to the shareholders. Dividends declared and distributed by the Group for the financial year ended 31 December ("FYE") 2017, FYE 2018, FYE 2019 and FYE 2020 were RM10.01 million, RM5.25 million, RM6.00 million and RM2.50 million, respectively. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Glasstech Asia x PERAFI Webinar Series #1 concludes with much success attracting over 150 attendees online

Singapore, Jul 2, 2021 - (JCN Newswire via SEAPRWire.com) - Glasstech Asia aims to be the leading community that facilitates communication, learning, networking amongst industry professionals to increase business collaborations and address the latest developments in the industry, while catering to industry professionals from different sectors. As part of this effort, Glasstech Asia is pleased to collaborate with PERAFI (Indonesian Facade Association) to introduce a new series of webinars, Glasstech Asia x PERAFI, that focuses on facades and its related building materials. Bringing together international industry experts, the webinars seek to improve the excellence of building facade industry through active discussions on key topics and content sharing from different industry players, from property developers to architects. The webinars also aim to address the latest developments in the industry, allowing participants to gain valuable insights and meet a strong network of connections within the BAU network.Fibra Reelianto, PERAFI Chairman 2021, commented: "We are honoured to have had the opportunity to gather the different stakeholders of facade industry, especially in Indonesia. We would like to actively play our part in creating a friendly and receptive community who support one another, especially during this current situation, building bonds of trust that bridge the differences, and cultivate our facade industry toward better future."The first webinar of the series focused on High-Performance Facade: Design Strategies and Applications, where it highlighted the different key factors that each industry stakeholder prioritizes in a building facade and covers the entire journey of creating and testing a building facade to the construction of a building. Key highlightsThe line-up of topics was specially curated to support the facade industry in navigating the current challenges posed by many on delivering and using high performance facades. The webinar saw interesting and valuable insights shared by the five esteemed speakers from various sectors of the facade industry. The webinar kickstarted with Paul Onslow, Senior Construction Manager of Hongkong Land, who shared about the process of 'Delivering a High-Performance Facade as a Property Developer'. The session was supported by many case studies and went through a detailed presentation of the development process for the World Trade Centre II, giving the participants much to learn from. The session was then complemented by Simon Chin, Managing Director of Winwall Technology Private Limited, as he reviewed the different types of performance tests on facades, the specifications, and requirements for it, while providing examples.Additionally, participants had the opportunity to understand and learn from an architect's perspective through numerous case studies on various building developments and the evolution of facade design responding to varying design considerations, constraints, and opportunities. Kevin Jose, Global Board Director of Aedas, also shared examples on how the design approach can differ for geometrically challenged forms and how architecture design was successfully done remotely through the Covid-19 pandemic. A deeper understanding on the testing of facade and laboratories was later reached through Joenel Tajonera's, Technical Manager at Kaskal Facade Testing Center, presentation. During his session, he covered the requirements to evaluate the competence of testing and calibration laboratories, exploratory testing, and case studies showcasing the difference between PMU vs VMU. This spurred interaction amongst attendees by creating a discussion on the criteria for facade and types of facade tests against lightning strikes.Lastly, with his extensive experience in the facade industry, Sreenivas Narayanan, General Manager of Siderise Middle East, focused mainly on protection and prevention of facade fires. Through his presentation, attendees gained valuable insights on the difference to fire resistance and fire protection, stone wool properties, standard requirements, and the importance of cycling. Summing up the webinar, the discussion round saw high levels of activity from the participants, where a series of thought-provoking questions were asked. Besides these live sessions, Glasstech Asia x PERAFI webinars also features on-demand components that are only accessible to delegates that have an account on the Glasstech Asia Virtual platform. Contact UsPlease contact us if you have any questions or require any additional information: bauasia@mmiasia.com.sgMMI Asia Pte. Ltd. #10-07 Gateway East Singapore 189721About Glasstech Asia 2022/ Fenestration Asia 2022Coined "The Glass Hub of Southeast Asia", Glasstech Asia is an annual rotating exhibition that focuses on all things glass. The upcoming 18th edition Glasstech Asia along with the concurrent Fenestration Asia will be held between the 26th to 28th of October next year at Marina Bay Sands Convention Centre in Singapore. The three-day event brings together the best of the Southeast Asian glass and glazing sector, from glass manufacturing, processing, and machinery to accessories, raw materials, and finished glass products. Coupled with high-powered symposiums, forums, workshops, and an exciting Glass Installation Competition, it is an event not to be missed. Additionally, Glasstech Asia and Fenestration Asia aims to meet and satisfy the increasing global demands for eco-friendly windows, doors, and facades by focusing on new industry standards in sustainability, automation, and energy-efficiency topics. With a focus on green and smart fenestration technologies to bring about a more sustainable, energy-efficient, and liveable future, the exposition is strategically geared towards helping the architecture, building, and construction sectors in countries meet their energy targets.About Messe Munchen Messe Munchen is one of the leading exhibition organizers worldwide with more than 50 of its own trade shows for capital goods, consumer goods and new technologies. Every year, a total of over 50,000 exhibitors and around three million visitors take part in more than 200 events at the exhibition center in Munich, at the ICM - Internationales Congress Center Munchen and the MOC Veranstaltungscenter Munchen as well as abroad. Together with its subsidiary companies, Messe Munchen organizes trade shows in China, India, Brazil, Russia, Turkey, South Africa, Nigeria, Vietnam, and Iran. With a network of associated companies in Europe, Asia, Africa and South America as well as around 70 representations abroad for over 100 countries, Messe Munchen has a global presence.About BAU NetworkBAU is the World's Leading Trade Fair for Architecture, Materials and Systems. Everyone involved in the international community for planning, building and designing buildings comes together here--i.e. architects, planners, investors, representatives of the industrial and commercial sectors, the building trades, etc.It is where future-oriented manufacturers come together with an audience of interested professionals. Their primary interests include the latest techniques, materials and applications that can be used in actual practice. This is where visitors experience the future of building in person. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Bina Puri wins RM183 million building job in Nepal

KUALA LUMPUR, Apr 20, 2021 - (ACN Newswire via SEAPRWire.com) - Bina Puri Holdings Bhd (BPURI) has successfully secured a new international contract worth Nepalese Rupee NPR 5.2 billion (equivalent RM183 million) for the New Construction Project of Supreme Court Building Complex at Ramshahpath, Kathmandu, a project funded by the Government of Nepal.A filing to Bursa Malaysia today showed that Bina Puri together with Kalika Construction Pvt Ltd and Samanantar Nirman Sewa Pvt Ltd had entered into a joint venture agreement to form "Bina Puri - Kalika - Samanantar JV" to construct the project.The construction project is awarded by the Supreme Court of Nepal with a contract period of 36 months. It will consist of 7-storey building including two basements, RCC framed structure building with complete finishing, landscaping and MEP (Mechanical, Plumbing and Electrical Works along with firefighting) works.Group Executive Director Datuk Matthew Tee said: "We have been actively participating in the tender for projects both local and overseas to further replenish our orderbook. With the latest award mentioned, the Group's latest project book order will increase to RM1.9 billion."Kalika Construction Pvt Ltd is a leading well-known "A" class construction company of Nepal having over 40 years of experience in all types of construction works. It was founded in 1976 and its parent company, Kalika Group operates in five business sectors: Hydropower, Construction, Software Outsourcing, International Trading and FM Radio/Media. The Kalika Group is one of Nepal's largest and most respected business conglomerates.Whereas Samanantar Nirman Sewa Pvt. Ltd. was founded in 1993 and is currently one of Nepal's growing and most reputable construction companies by successfully delivering a range of projects for government and other market sectors. The works completed by the company comprises of government building, hospitals, water supply system, river protection, roads and infrastructures development in different sectors.According to the management of Bina Puri, the company's affiliation with Kalika is through both countries' membership in the International Federation of Asian and Western Pacific Contractors' Associations (IFAWPCA) represented by the Master Builders Association Malaysia (MBAM) and Federation of Contractors Associations of Nepal (FCAN). IFAWPCA groups together the fraternity of builders from nineteen (19) member countries in the Asia and Western Pacific region.A dynamic international organization, IFAWPCA plays a critical role in promoting international fellowship and cooperation; in developing beneficial relationships between governments and contractors in the region, and in establishing cooperative working arrangements in the furtherance of civil and building construction projects.Bina Puri is among the earliest Malaysian construction company to venture overseas since 1995. Bina Puri had previously completed a five-star Hyatt Regency Hotel in Kathmandu, Nepal in April 2000 valued at RM39 million. Among the shareholders of the hotel is the Asian Development Bank (ADB).To date the Group has successfully carried out numbers of construction projects in several foreign countries.Among the notable completed projects are three highways in India including the Vijayawada-Eluru Expressway, Tada-Nellore Expressway in Andhra Pradesh and the Chittorgarh-Mangalwar Highway in Rajasthan, Malaysian Chancery Building and Official Ambassador's Residence in Beijing, China and Access Road for the New Bangkok International Airport in Bangkok, Thailand.Bina Puri have also completed about 30,000 units of low cost housing and condominiums in various locations in Thailand; 2 Blocks of 45-storey residential towers in Abu Dhabi, UAE; 174 units Villas for the Defense Housing Authority in Lahore, Pakistan and more than 3,000 houses for the National Housing Scheme of Brunei from the Brunei Economic Development Board. Currently undergoing is the construction of the Malaysian Embassy Complex in Moscow, Russia.About Bina PuriBina Puri Holdings Bhd (BPURI) (MY:5932; BIN.MK; BPUR.KL) is a public listed company on the Main Board of Bursa Malaysia with more than 46 years of work experience in civil and building construction both locally and internationally. The Group's diverse business activities include investment holdings, civil and building engineering management, property development, highway concession, quarry operations, manufacturing of construction materials, utilities and hospitality management.Bina Puri has successfully completed projects such as roads and highways, bridges and interchanges, waterworks, land reclamation works, residential and commercial buildings, hotels, hospitals, airports and government complexes. The group has international presence in which it has successfully undertaken projects in Cambodia, China, Brunei Darussalam, United Arabs Emirates, Saudi Arabia, Pakistan, India, Indonesia and Thailand.Bina Puri's notable investment portfolios include the 33km toll highway linking KL-Kuala Selangor Expressway, the Main Place Residence and Mall at USJ 21, and power plants in Indonesia. www.binapuri.com.my Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Thomson Road building to be demolished: Owners of residential units left stunned

SINGAPORE - News that a building in Thomson Road will be demolished to allow nearby excavation works to be carried out safely came as a shock to the owners of the 12 residential units there. For months, they and their tenants had engaged with the authorities about the need to vacate the building temporarily as its foundation had to be strengthened to withstand the impact from the construction of an underground tunnel for the upcoming North-South Corridor. All had moved out by February, but the expectation was that in two years, they would be able to return to their units or lease them out again. With the improved connectivity brought about by the transport corridor, which will have dedicated bus lanes, cycling trunk routes and pedestrian paths connecting towns in the north to the city, there were hopes of a collective sale in future. But any chance of a windfall was dashed by the sudden announcement on Friday (April 16) morning that the building at 68 to 74 Thomson Road and its 776 sq m site were being acquired for demolition. "I'm still in shock," said Mr Roger Ting, 63, who owns a unit in the building. "To us, this is a sudden U-turn by the Land Transport Authority and Singapore Land Authority. I told them a lot of owners are not very happy. In fact, we are all very concerned about the compensation that we are going to receive. We do not want to sell at this point in time." Mr Ting, a semi-retired architect, bought his unit 10 years ago, spending about $1.5 million including renovation. He has been leasing the unit to expats and said he collects $9,000 in rent every month. "Taking the building away is like taking away my retirement fund," he said. With his daughter only in her first year of university, Mr Ting added that he is worried he now has to work harder to put her through school and to retire comfortably. Another unit owner, who declined to be named, said he bought his unit for over $1 million about six years ago as an investment. Although he will be compensated based on the market value of his unit at the time of the acquisition, he said he is not sure if he will break even. He said the authorities have given unit owners a list of approved valuers to conduct the appraisal, but he did not trust that they will give him a fair shake. He and Mr Ting also rue a loss of potential income as they would have been able to sell their units at a higher price in a collective sale. The owners had tried to sell en bloc two years ago and Mr Ting, who chaired the sales committee then, said each owner expected to get at least $3 million if the collective sale went through. "If (the Government) acquires my property, I think the figure will not be anywhere near," he said. More on this topic   Related Story Thomson Road building next to upcoming N-S Corridor to be demolished for safety reasons   Related Story Construction of North-South Corridor back in full swing Mr Ting said he believes the building can survive the strengthening and excavation works. "I have asked LTA to give me an opportunity to look at their engineers' report because I have been in this line for more than 30 years. I understand structural engineering issues fairly well," he added. Even if the building needs to be knocked down, he said, he does not understand why the authorities are also acquiring the land. "The concern is the safety of the building. The land is not in the equation here," Mr Ting added. Calling the acquisition heavy-handed, he said the unit owners plan to meet today to discuss their options. "It is not fair to us," he said. "They did not give us a chance to voice out our concerns." Mr David Ng, a council member at the Institution of Engineers Singapore, said acquiring and demolishing the building, and rebuilding the site again after the excavation works are done make sense. Given the building's foundation, the proximity to the planned excavation work and the ground conditions, the construction of a tunnel nearby could cause some of the ground to move downward and in turn cause damage to the building. The Government acquired the building on April 16 as it was impractical and risky to strengthen it. ST PHOTO: YONG LI XUAN The work to strengthen the building's foundation involves adding piles beneath it. The disturbance due to the micropiling works carried out within the building could lead to excessive distortion of the building's structure, making it unsafe for workers doing the work. "The risk becomes very high," Mr Ng said. Workers will need to core and break through the floor to install the additional piles. "This creates a lot of vibration, which is not good to the building if the concrete strength of the building is already lower than what is required." Mr Ng said there is a risk of fatalities if structural elements come loose and fall on workers. While building collapse is an extreme scenario, it is possible if disturbance is significant, he added. Building to be demolished for safety reasons • The four-storey mixed-use building at 68 to 74 Thomson Road slated for demolition was built in 1964 on shallow foundation. Part of the foundation was altered in 1994 as a section of the building had to be propped up by piles after an adjacent building was demolished. • In 2013, it was assessed that the impact of the upcoming North-South Corridor (NSC) project on the building would be manageable. • A civil contract was awarded in 2018 to build an underground tunnel for the NSC 6m away from the building. A 2020 assessment found that the building’s foundation, which is not uniform and is built on soft ground, needed to be strengthened to withstand excavation works for the tunnel. • In September last year, building occupants were asked to vacate the premises temporarily. All moved out by February this year. • In January, it was found that the building’s concrete was too weak to allow for foundation strengthening works. The Building and Construction Authority’s own assessment in February concurred with the finding. • The Government acquired the building on April 16 as it was impractical and risky to strengthen it. The building’s 16 units must be returned to the state by end-July and the building will be demolished by end-2021. More on this topic   Related Story LTA awards final batch of North-South Corridor contracts worth $954.1m   Related Story Singapore Green Plan 2030 to change the way people live, work, study and play

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Eisai Begins Construction of Its New Injection/Research Building at Kawashima Industrial Park in Japan

TOKYO, Mar 22, 2021 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. announced today that, as part of one strategic investment towards the realization of its medium-term business plan "EWAY2025", it has conducted the groundbreaking ceremony for the construction of a new injection/research building "Eisai Medicine Innovation Technology Solutions" ("EMITS") at the Kawashima Industrial Park located in Gifu Prefecture, Japan.The current research building at Kawashima Industrial Park has served as a base for formulation research since its completion in 1980. In recent years, Eisai's drug discovery targets have expanded to include new modalities such as antibodies, antibody drug conjugates (ADCs), and nucleic acid drugs, in addition to conventional small molecule compounds. Most of these new modality formulations are injectable; thus the utilization of enhanced injection formulation technologies and drug delivery systems (DDSs) is essential.In order to fulfill the needs for such new modality formulations, through EMITS, Eisai will transfer its formulation research function from the current research building, along with enhancing its manufacturing process development function for injection formulations. In addition, Eisai will install an injection manufacturing facility that meets GMP* requirements, and is aiming for the in-house manufacturing of investigational injection drugs. On top of that, there are plans for installation of systems for development of state-of-the-art formulation technology such as liposome and lipid nanoparticle preparations, as well as creation of space for collaborative research with external partners. Through these efforts, Eisai aims to elevate the quality of the technology and knowledge of its formulation research function, and to become a base for disseminating innovation, technology, and solutions relating to formulations. The completion of the building is scheduled for the second quarter of fiscal year 2022.The Kawashima Industrial Park is Eisai's global pharmaceutical manufacturing base, at which Eisai has made a comprehensive framework comprising all steps from formulation research to formulation manufacturing. Through the construction of EMITS, Eisai aims to elevate the quality of its formulation research and formulation manufacturing, accelerate medicine creation activities, and ultimately further its contribution to improving the benefits of patients and their families.*Good manufacturing practice: standards for manufacturing control and quality control. Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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8 workers injured in Tuas fire in intensive care

SINGAPORE - Eight migrant workers injured by the fire at an industrial building in Tuas are in intensive care, the Migrant Workers' Centre (MWC) said. "Once MWC is allowed to do so, we will be arranging for our staff to visit the affected workers and provide them with the necessary assistance", it said in a Facebook post on Wednesday night (Feb 24). Ten people were taken to hospital for burn injuries following an explosion at 32E Tuas Avenue 11 on Wednesday morning. The Singapore Civil Defence Force (SCDF) said it responded to the fire at about 11.25am and took eight workers to the Singapore General Hospital for burn injuries. The other two workers sustained minor injuries, according to another employer. Mr Wong Wee Chiang, 45, who owns mechanical engineering company P3 Project, told The Straits Times on Wednesday that one worker had burns on his hands and buttocks, while the other had been knocked to the ground by the blast. He took both of them to Ng Teng Fong General Hospital before SCDF officers arrived. MWC said that on-site accommodation for workers is no longer safe, and it has made its emergency housing support available to employers if they are unable to relocate their workers within a short time. The non-government organisation is also working with the Manpower Ministry to provide other forms of help to workers who live or work near the accident site. This includes referring those affected for stress or emotional counselling to non-profit organisations Silver Ribbon and HealthServe. An eyewitness said some of the victims had skin peeling from their faces, while others were bleeding from the soles of their feet. PHOTO: LIANHE ZAOBAO SCDF officers tending to a worker who was injured in an explosion in an industrial building in Tuas on Feb 24, 2021. PHOTO: LIANHE ZAOBAO Aftermath of fire in Tuas   More on this topic   Related Story 10 people taken to hospital with burn injuries after explosion in Tuas industrial building   Related Story 'Some ran out screaming': Eyewitness who helped victims in Tuas fire

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IBI Officially Launches Building Solutions Limited

HONG KONG, Feb 19, 2021 - (ACN Newswire) - IBI Group Holdings Limited ("IBI" or the "Group"; Stock Code: 1547), a building contractor focused on providing renovation services as main contractor for property projects in the private sector in Hong Kong and Macau, has officially announced the launch of its subsidiary, Building Solutions Limited ("BSL" or the "Company"), with the mission to create healthy, productive and efficient environments through the use of innovative and high tech solutions.BSL partners with industry leader Awair to provide all-in-one environmental sensors that track temperature, humidity, CO2, VOCs, PM2.5, Lux, and DbA, helping users to monitor and improve air quality based on data and insights provided by the sensors.Purion, another well-known brand which is a BSL partner, offers effective and safe Ultraviolet (UV) disinfection of air, surfaces and water, providing a chemical-free and environmentally-friendly disinfection option to clients.BSL is a solutions provider that offers innovative products and solutions aimed at enhancing the performance and well-being of the built environment. With its focus on air quality and green technologies, BSL believes strongly in improvements based on science, data and a deep sense of caring for the human condition. The Company sources, customises and implements innovative and high-tech solutions to help its clients create healthy and productive environments. Headed by Mr. J S Gan, a leading professional with extensive business experience in Asia and with expertise in innovative technologies, Gan provides practical insights to BSL to expand its market in Asia while upholding the mission to improve human health and productivity. Mr. Neil Howard, Chairman and CEO of IBI, said: "It is my honor to present the new subsidiary which marks another significant milestone for the Group. With the presence of BSL, we have tapped into a new market with the ability to offer diversified and innovative products and solutions. We intend to leverage IBI's reputation and leading position in the building industry to market this new offering and thus provide both entities with the ability to increase their market share in Asia. The Group expects great synergies to be generated between the two parties and is looking forward to increased income for the Group as a whole."BSL has already entered into partnerships with several industry leaders namely Awair, a Silicon Valley based global leader in air quality monitoring and smart sensing technology and Purion, a German based leading market player specialising in the disinfection of air through UV light technology. A diversified products portfolio strengthens BSL's ability to serve customers with impactful building solutions. Adopted by leading global organisations such as Airbnb, Harvard University, Savills and Swire, Awair offers all-in-one environmental sensors, helping users to monitor air quality based on temperature, humidity and air pollutants, data that is key to implementing air quality improvement solutions.Purion, a leading provider of UV disinfection technology, provides highly effective and certified equipment which uses Ultraviolet Light (UV) to disinfect air, surfaces and water, killing off microorganisms and countering airborne diseases. The disinfection systems have been used by prominent enterprises including Microsoft, SAP and Max Planck Institute and is currently used in numerous food preparation areas within Europe.Leveraging from its cooperation with these industry leaders, BSL is an authorised RESET representative which employs a standard and certification program focused on data quality and actionability for healthy and sustainable built environments. BSL also offers full-scope services that enable clients to monitor air quality in their built environment, solutions to improve indoor air quality, and to RESET certification of space. Mr. J S Gan, Co-founder and Managing Director of BSL, said: "Given the rising public awareness of personal and environmental hygiene, we hope to improve people's living quality by sourcing various wellness equipment and customising building solutions with innovative and high-end technology, aimed at creating healthier environments for end users. With over 20 years of experience and knowledge in setting up successful businesses in related market across Asia, I am thrilled to lead the company through its next phase of growth, assisting our clients to enhance the sustainability, productivity and wellness of the built environment, especially during the COVID-19 pandemic." About IBI Group Holdings Limited (stock code: 1547)Established in Hong Kong in 1997, IBI Group Holdings Limited is a leading building contractor focusing on providing renovation services as a main contractor for property projects in the private sector in Hong Kong and Macau. Its major customers include a number of reputable organisations and commercial enterprises, including a horse racing and betting operator in Hong Kong, multinational banks, international hotel groups and hotel and casino operators. For more information, please refer to IBI's website: https://ibighl.com/.About Building Solutions LimitedBuilding Solutions Limited is a subsidiary of IBI Group Holdings Limited focusing on air quality and green technology. Believing in improvements based on science, data and deep sense of care for the human condition, BSL sources, customises and implements innovative and high-tech solutions to help create healthy, productive and efficient environments. Its major customers include large hotels and resorts, international companies, hospitals and schools, landmark and heritage buildings. For more information, please refer to BSL's website: https://hkbsl.com/.Media Enquiries:Strategic Financial Relations LimitedHeidi So +852 2864 4826 heidi.so@sprg.com.hkStephanie Liu +852 2864 4852 stephanie.liu@sprg.com.hkAdrianna Lau +852 2114 4987 adrianna.lau@sprg.com.hkwww.sprg.com.hk Copyright 2021 ACN Newswire. All rights reserved. www.acnnewswire.com

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Greenheart CBD – Building a Global Brand Through Tokenized Innovation

Curragha, County Meath, Ireland, Dec 19, 2020 - (ACN Newswire) - 2020 has been a very difficult year for many people. The uncertainty and fear caused by the COVID-19 pandemic and its impact on the economy, have meant people have started to look at alternative products to help manage stress and anxiety.One of the areas that have seen a huge increase in interest has been CBD products. CBD is the legal alternative to cannabis, as it is derived from the hemp plant, rather than its cousin the marijuana plant.One Irish company that is leading the field in this area is Greenheart CBD. The company is based in County Meath, Ireland, and was formed two years ago by childhood friends Mark Canavan and Paul Walsh. Greenheart produces a full range of CBD oils - and shortly - edibles and balms to the retail market. Although the company only began selling its CBD oil in January 2020, it already has over 1,500 customers and a repeat customer rate three times the industry average. Before launching Greenheart, Paul and Mark spent years researching extraction methods to produce the most effective CBD products for the end consumer, with full traceability from "seed to shelf".Once the production model was finalized, Paul and Mark secured Irish government licensing, allowing them to grow hemp for the first time with farmers in County Wicklow. The process was covered extensively by RTE - Ireland's national TV broadcaster - and showcased the company's use of unique six feet Artificial Intelligence Drones to help grow, weed, and cultivate the CBD crop.During CBD production, Greenheart used a number of unique processes and technology to ensure the quality of its product range. The company is the first CBD producer to use the full scope of "CBD Tech" in hemp cultivation - which includes Big Data, Artificial Intelligence (AI), Machine Learning, and Blockchain technology at each stage of the planting, harvesting, production, and retailing process. Data gathered from AI drones (which continually monitor plant health) can be used to provide meaningful insights and data tracing for farmers and producers. The machines can ensure only the best plants are kept and matured and cut down massively on wasted crops and investment - vastly increasing the profit margin for CBD farmers.The company's "Homogenized Cold Press" technology uses no chemicals, is low on energy consumption, and enables a zero-waste operation - producing only 2 natural products through our process. By utilizing QR codes the company stores data at each stage of the production process ensuring the highest quality, organic verification, and end-to-end product traceability.The final CBD product can then be sold directly to consumers via Greenhearts new decentralized (dApps) marketplace, cutting out the traditional expensive middleman and keeping the product affordable for consumers.Since the company's launch, Greenheart's CBD oil has been recommended in Vogue (UK), features on Bloomberg and Yahoo Finance, and won multiple awards at The Cannavist magazine. The company has also been nominated at the World CBD Awards in Barcelona 2021 and the founders were featured as part of last year's Sunday Independent "30 Under 30" business people to watch. Greenheart Punt Token - Building a global brandOn 2 December 2020, the company launched its own product token - the Greenheart Punt - allowing its tokenholders to access its CBD products at the greatest possible discount.The Greenheart Punt token is backed by a real commodity - 1,000 liters of Greenheart's CBD oil in year 1 (with a retail value of $4 million US dollars) - allowing token holders to redeem their tokens directly on the dApps marketplace for Greenheart CBD oil at a significant discount to the retail market price.The token project is led by Shane Brett, a three times technology entrepreneur with decades of experience in scaling startup businesses and raising institutional investment. The Greenheart Punt has already been listed on the DigiFinex Exchange in Singapore - increasing from 10 cents USDT to over 25 cents USDT in its first two weeks of trading.Building a global CBD brandFunds raised in the Greenheart token sale are being used to build the brand globally, including expanding into the US and Asia, purchasing new land for CBD production, and building a state-of-the-art Decortication Plant, to enable an expansion into new product lines (e.g. insulation, Hempcrete, bio-plastics).The company plans to develop a "modular franchise system" which will enable indigenous and minority groups, as well as established farmers, to utilize the land for the growing of hemp and CBD products worldwide. Source: https://bit.ly/2LQzaMuShane Brett, Greenheart CBD Copyright 2020 ACN Newswire. All rights reserved. www.acnnewswire.com

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Eisai Completes Construction of the 5th Manufacturing Building at Kawashima Industrial Park in Japan

TOKYO, Dec 18, 2020 - (JCN Newswire) - Eisai Co., Ltd. announced that it has completed construction of the 5th manufacturing building at the Kawashima Industrial Park located in Gifu Prefecture, Japan.External views of the 5th manufacturing buildingThe 5th manufacturing building is a facility specifically designated for formulating anti-cancer drugs (total floor area: approximately 4,500m2). Since anti-cancer drugs are highly active, this building is designed to make it possible to manufacture anti-cancer agents more safely, with various preventive features for controlling highly active substances, such as preventing cross-contamination of agents and exposure to workers. Eisai plans to manufacture its in-house discovered and developed anti-cancer agent Lenvima, which are in increasing demand worldwide, at this facility from FY2021. We also secure space for further installation of manufacturing equipment for other anti-cancer drugs within this building. The total investment for the construction of the 5th manufacturing building is approximately 5 billion yen.The Kawashima Industrial Park, opened in 1966, is Eisai?s global pharmaceutical manufacturing base. In addition, this Industrial Park is a role model factory for our global production activities, where we are making new progresses such as utilizing digital technology and new technologies. With the completion of the 5th manufacturing building, Eisai will further expand the stable supply system of high-quality pharmaceuticals in Japan, and continues further contribution to improve the benefits of patients and their families in Japan and around the world.Media Inquiries:Public Relations Department,Eisai Co., Ltd.+81-(0)3-3817-5120 Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

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Hitachi Develops IoT Platform for the High Value-added Buildings Required for the New Normal

TOKYO, Nov 13, 2020 - (JCN Newswire) - Hitachi, Ltd. (TSE: 6501) announced that it has developed an IoT platform that brings to buildings the high added value required for the new normal, including high efficiency of building management and improved comfort for building users. Hitachi will launch the IoT platform in 2020 as a new Lumada(1) solution in the field of buildings, in Japan.Hitachi's IoT platform for buildings was developed using Microsoft Azure and Microsoft Dynamics 365, two cloud platforms of Microsoft Japan Co., Ltd.. Moving forward, Hitachi will deepen its Collaborative Creation with Microsoft Japan under its newly commenced partnership system, the Lumada Alliance Program(2) to develop solutions in the field of buildings and accelerate the overseas expansion of these solutions.In recent years, continuous supplies of large office buildings in urban areas cause intensification of competition for gaining tenants. In addition to this, workstyle reform has progressed due to the spread of COVID-19 infection. These changes surrounding buildings have accelerated the moves to improve the high added value of buildings and realize smart buildings by leveraging digital technologies to achieve the increased efficiency and sophistication of operations in buildings and to provide greater comfort to office workers and other building users.Based on this background, in April 2020 Hitachi and Hitachi Building Systems Co., Ltd. systematized touchless solutions that enable building users to move and live without touching in buildings and have been gradually expanding these lineup(3). Hitachi has also developed a service platform for developers, which provides office workers the new experience of working and living using a smartphone app(4). With these and other moves, Hitachi has continued to enhance its digital solutions in the field of buildings, to meet the needs of the new normal.Hitachi and Microsoft are strengthening their cooperation in many industrial fields. For example, in June 2020 the companies formed a strategic alliance related to next-generation digital solutions for manufacturing and logistics(5). Moreover, Microsoft endorsed the Lumada Alliance Program, Hitachi's partnership system newly commenced on November 4, 2020. This time, in the field of buildings, Hitachi has developed the IoT platform for buildings as the new Lumada solution, by utilizing Azure, Dynamics 365, and other technologies.The IoT platform for buildings is a solution for developers that enables comprehensive remote monitoring and analysis of the operating status of building equipment, including elevators, escalators, and air-conditioning systems. Intended mainly for large buildings, it also enables users to simultaneously monitor and analyze multiple buildings. In addition, it combines and analyzes data about building equipment and the flow of people, including the crowdedness of each area of a building. Thus, it improves building management efficiency and building users' comfort, and it maintains and improves the quality of building operations."The newly developed IoT platform for buildings is a next-generation solution for buildings that realize new and efficient operation managements for building equipment, and comfortable life in the buildings. I believe this platform contributes significantly to the customers that progress development of smart buildings and smart cities utilizing digital technologies," said Shinya Mitsudomi, Vice President and Executive Officer, CEO of Building Systems Business Unit, Hitachi, Ltd., and President of Hitachi Building Systems Co., Ltd. "Hitachi developed this platform through the Collaborative Creation with Microsoft Japan. From now on Hitachi will strengthen Lumada solutions in the field of buildings by proceeding Collaborative Creation with its partners under the Lumada Alliance Program and provide new value for 'people, building systems, and society.""We heartily welcome Hitachi's provision of its IoT platform for buildings, which utilizes Microsoft Azure and Microsoft Dynamics 365, to the Japanese market as part of our strategic alliance," said Hitoshi Yoshida, President of Microsoft Japan Co., Ltd. "Microsoft Azure provides AI and IoT technologies that drive the digital transformation of customers, and it continues to grow as a global platform. Hitachi is actively developing smart building solutions for the new normal. We have high expectations that this platform will accelerate digital transformation in the building facility maintenance field. We for our part will also conduct sales promotion support activities for this solution on Microsoft AppSource. Moving forward, we will continue to grow our partnership with Hitachi, including expanding collaboration for overseas markets, and to work closely with our customers and drive digital transformation that leads to positive social change."Overview of the IoT Platform for Buildings1. Improving Building Management EfficiencyThe platform makes it possible to comprehensively monitor the various equipment of multiple buildings remotely and visualize the status of use of the buildings. This enables efficient janitorial and security work reflecting their status of use and the formulation of a maintenance plan based on building equipment conditions, thereby improving the efficiency and quality of building management.2. Improving Building Users' ComfortThe platform cooperates with control systems of building equipment, such as elevators, escalators and air-conditioning systems, based on data on the flow of people, including the crowdedness of each area of a building. Thus, it enables building managers to ease congestion, change temperature settings according to the crowdedness of each area, and otherwise create comfortable a building environment. It also provides information about the status of use and crowdedness of toilets, meeting spaces, and other areas, supporting building users to achieve workstyles and lifestyles that meet the needs of the new normal, including ensuring the efficient use of facilities and social distancing.3. Maintaining and Improving the Quality of Building OperationsThe platform maintains and improves the quality of the operations of multiple buildings by enabling users to benchmark the number of alerts activated, energy consumption, and other conditions within each building, to identify issues faced in operations, and consider improvement measures.4. Enabling to Expand Services Easily by Open API(6)By incorporating standardized open API, the platform easily enables to add new app by partner companies. Therefore it flexibly expands services.(1) Lumada is Hitachi's advanced digital solutions, services, and technologies for turning data into insights to drive digital innovation.(2) News Release dated November 4, 2020 titled "Hitachi Announces Lumada Alliance Program to Drive Economic, Social, Environmental and Quality of Life Innovation"(3) News Release dated April 28, 2020 titled "Hitachi Develops of Touchless Solutions for Buildings and Condominiums that Enable People to Move and Live in Buildings Without Contacts" (Japanese)News Release dated June 30, 2020 titled "Hitachi Launches System Using Thermal Camera to Detect People with Fever and Solution Supporting Thermal Camera Operation as Touchless Solutions that Enable People to Move and Live in Buildings Without Contacts" (Japanese)News Release dated September 24, 2020 titled "Hitachi Begins to Accept Applications for the 'Touchless Elevator Call Service Linked with LINE' that Enables Users who Have Become Friends with the Official Hitachi Elevators LINE Account to Use Elevators Without Contacts" (Japanese)(4) News Release dated August 11, 2020 titled "Hitachi Develops Service Platform for Developers that Enables Office Workers to Have New Working and Living Experiences Using Smartphone App" (Japanese)(5) News Release dated June 26, 2020 titled "Hitachi and Microsoft form a strategic alliance to advance next-generation digital solutions for manufacturing and logistics across Southeast Asia, North America and Japan"(6)Application Programming InterfaceAbout Hitachi, Ltd.Hitachi, Ltd. (TSE: 6501), headquartered in Tokyo, Japan, is focused on its Social Innovation Business that combines information technology (IT), operational technology (OT) and products. The company's consolidated revenues for fiscal year 2019 (ended March 31, 2020) totaled 8,767.2 billion yen ($80.4 billion), and it employed approximately 301,000 people worldwide. Hitachi drives digital innovation across five sectors - Mobility, Smart Life, Industry, Energy and IT - through Lumada, Hitachi's advanced digital solutions, services, and technologies for turning data into insights to drive digital innovation. Its purpose is to deliver solutions that increase social, environmental and economic value for its customers. For more information on Hitachi, please visit the company's website at https://www.hitachi.com. Copyright 2020 JCN Newswire. All rights reserved. www.jcnnewswire.com

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