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Nippon Steel, Mitsubishi Corporation and ExxonMobil to Evaluate and Establish CCS Value Chains in the Asia Pacific Region

TOKYO, Jan 26, 2023 - (JCN Newswire via SEAPRWire.com) - Nippon Steel Corporation, Mitsubishi Corporation and ExxonMobil Asia Pacific Pte. Ltd. have signed a Memorandum of Understanding to jointly study carbon capture and storage (CCS) and the establishment of potential CCS value chains in the Asia Pacific regions on January 25, 2023. Based on the Memorandum, the three companies will conduct research on the capture of CO2 emissions from Nippon Steel's domestic steelworks and evaluate the necessary infrastructure development required, with a view to establishing CCS value chains in the Asia-Pacific region. It would also include a detailed evaluation of Asia Pacific storage opportunities, including in Malaysia, Indonesia and Australia. Mitsubishi Corporation plans to evaluate the overseas CO2 transportation and the development of CCS value chain. This is the first study to develop value chains for carbon capture in Japan with the aim to store elsewhere overseas in the region. Nippon Steel set forth the "Nippon Steel Carbon Neutral Vision 2050" in its medium- to long-term management plan announced in March 2021 and positioned CCS as one of the key technologies to realize this vision. Through this study, Nippon Steel will progress the implementation of CCS including securing storage sites for overseas storage of CO2 generated from steel works, developing storage infrastructure, advocating for policies and regulation, and examining its cost adequacy. Mitsubishi Corporation has identified Energy Transformation (EX) as a key initiative in its Roadmap for a Carbon Neutral Society formulated in October 2021 and its Medium-Term Management Strategy 2024 released in May last year. Mitsubishi Corporation will evaluate the overseas CO2 transportation and the development of CCS value chain through this joint effort. ExxonMobil continues to advance innovative solutions for a lower-carbon future. In early 2021, it established a Low Carbon Solutions business, which is working to bring lower-emission technologies to market, making them accessible to hard-to-decarbonize industries. It is committed to accelerating significant emission reductions through strategic collaborations and through leading the development and the deployment of scalable lower-emission technologies, such as CCS, needed to advance solutions for various industries in the Asia Pacific region and beyond. Mitsubishi Corporation will continue to lead EX through the low-carbon and decarbonization of our business through CCS and other initiatives, while contributing to the transition and realization of a carbon-neutral society through the stable supply of cleaner energy. About Nippon Steel CorporationNippon Steel Corporation is Japan's largest and one of the world's leading integrated steel producers with a wide range of value-added steel products in more than 15 countries. Nippon Steel has four business segments: steelmaking and steel fabrication, engineering and construction, chemicals and materials, and system solutions. With the aim of continually growing to become "the best steelmaker with world-leading capabilities" from the present and into the future, Nippon Steel will pursue world-leading technologies and manufacturing capabilities, and contribute to society by providing excellent products and services. For more information about Nippon Steel please visit: www.nipponsteel.com/ About Mitsubishi CorporationMitsubishi Corporation works with its roughly 1,700 subsidiaries, affiliates and group companies to develop businesses in approximately 90 countries around the world. Spanning multiple industries and regions, these businesses are overseen by Mitsubishi Corporation's Industry DX Group and 10 Business Groups: Natural Gas, Industrial Materials, Petroleum & Chemicals, Mineral Resources, Industrial Infrastructure, Automotive & Mobility, Food Industry, Consumer Industry, Power Solution, and Urban Development. Through joint digital (DX) and energy (EX) transformations invested in sustainability, decarbonization and digitalization, the company is now focused on leveraging its operations to address myriad challenges that stand to impact our planet's future. About ExxonMobilExxonMobil, one of the largest publicly traded international energy and petrochemical companies, creates solutions that improve quality of life and meet society's evolving needs. The corporation's primary businesses - Upstream, Product Solutions and Low Carbon Solutions - provide products that enable modern life, including energy, chemicals, lubricants, and lower-emissions technologies. ExxonMobil holds an industry-leading portfolio of resources, and is one of the largest integrated fuels, lubricants and chemical companies in the world.The Singapore affiliate, ExxonMobil Asia Pacific Pte. Ltd., has manufacturing facilities which include an integrated world-scale refining and petrochemical complex in Jurong and Jurong Island. Our operations and businesses serve customers and commercial markets in the region with ground transportation, industrial, aviation and marine fuels, lubricants, petrochemicals and liquefied natural gas. To learn more, visit exxonmobil.com and the Energy Factor. Follow us on Twitter and LinkedIn. For further information, contact:Nippon Steel Corporation, Public Relations Center Tel: 03-6867-2977Mitsubishi Corporation, Press Relations Team, Corporate Communications Dept. Tel: 03-3210-2171 Fax: 03-5252-7705ExxonMobil Asia Pacific Pte. Ltd: +65 6885 2389 Copyright 2023 JCN Newswire. All rights reserved. (via SEAPRWire)

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Atlas Lithium Signs Memorandum of Understanding with Mitsui & Co

Belo Horizonte, Brazil, Jan 18, 2023 - (ACN Newswire via SEAPRWire.com) - Atlas Lithium Corporation (NASDAQ: ATLX) ("Atlas Lithium" or the "Company"), a mineral exploration company focused on lithium and other battery metals critical to powering the green energy revolution, is pleased to announce that it has signed a Memorandum of Understanding (the "MOU") with Mitsui & Co., Ltd. ("Mitsui) with respect to Mitsui's potential interest in acquiring the right to purchase Atlas Lithium's future lithium concentrate production. Mitsui is a global enterprise headquartered in Tokyo, Japan, with $122.3 billion in assets, $96.4 billion in annual revenues, and 44,336 employees in 63 countries, as of its last reported results.In general terms, the MOU contemplates potential funding from Mitsui to Atlas Lithium of up to $65 million (the "Offtake Funding"), in tranches and subject to the achievement of specific milestones acceptable to Mitsui, that would give Mitsui the right to buy up to 100% of Atlas Lithium's production from its planned plant with output capacity of 150,000 tons of lithium concentrate per year (the "Plant"). The Offtake Funding would be primarily used by Atlas Lithium for the construction of the Plant. Lithium concentrate produced by the Plant would then be available for purchase by Mitsui at a price generally based on the then-prevailing market price.Marc Fogassa, Chairman and Chief Executive Officer of Atlas Lithium, commented, "Our lithium assets are world-class and therefore we are enthusiastic about the prospects of a long-lasting and mutually rewarding partnership with such a well-known and global-reaching company as Mitsui."The MOU is non-exclusive for both companies. As part of the MOU, Atlas Lithium and Mitsui will also seek to collaborate in other strategic areas.About Atlas Lithium CorporationAtlas Lithium Corporation (NASDAQ: ATLX) is focused on advancing and developing its 100%-owned hard-rock lithium project which consists of 52 mineral rights spread over 56,078 acres (227 km2) and is located primarily in the municipality of Aracuai in the Lithium Valley of the state of Minas Gerais in Brazil. Atlas Lithium also has a separate second lithium project located in Brazil's Northeast region. In total, Atlas Lithium has 100% ownership of mineral rights for almost all battery metals including lithium (293 km2), nickel (222 km2), rare earths (122 km2), titanium (89 km2), and graphite (56 km2), in addition to mining concessions for gold, diamonds, and sand. The Company also owns approximately 45% of Apollo Resources Corp. (private company; iron) and approximately 28% of Jupiter Gold Corp. (OTCQB: JUPGF; gold and quartzite).Safe Harbor StatementThis press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward looking statements are based upon the current plans, estimates and projections of Atlas Lithium Corporation and its subsidiaries (collectively, "Atlas Lithium" or "Company") and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward- looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events and regulatory changes; availability of capital; Atlas Lithium's ability to maintain its competitive position; and dependence on key management.Atlas Lithium advises U.S. investors that its properties and projects, and those of its subsidiaries, as of now, are exploratory and do not have measured "reserves" as such term is defined by the Securities and Exchange Commission ("SEC"). Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled "Risk Factors" in the Company's Annual Report on Form 10-K/A for the year ended December 31, 2021, filed with the SEC on March 29, 2022, as well as discussions of potential risks, uncertainties, and other important factors in the Company's other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company's views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements.Investor Relations:Greg Falesnik or Brooks HamiltonMZ Group - MZ North America+1 (949) 546-6326ATLX@mzgroup.ushttps://www.atlas-lithium.com/@Atlas_Lithium Copyright 2023 ACN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Motors Corporation Passes Milestone of Five Million Vehicles Exported from Thailand

TOKYO, Dec 9, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced today that it had passed the milestone of exporting five million vehicles from Thailand.The local production and sales company, Mitsubishi Motors (Thailand) Co., Ltd. (hereafter, MMTh), currently has three production plants and one engine plant in Laem Chabang, Chonburi Province. This makes it Mitsubishi Motors' largest production base outside of Japan. Mitsubishi Motors established a sales company in Thailand in 1961 and began production in 1964. In 1988, the company became the first automotive manufacturer to start exporting from Thailand. Currently, MMTh has grown to export vehicles to more than 120 countries around the world, and in 2021, approximately 90 percent of the 340,000 vehicles* produced in Thailand were for export. "Thailand is one of our most important bases, and its importance will continue to increase in the future," said Takao Kato, president and chief executive officer, Mitsubishi Motors. "Reaching an export volume of five million vehicles is a step to the continuous growth and expansion of production volume in Thailand. We will continue to focus on Thailand as the main region that drives our activities in ASEAN countries, which are the foundation of our business. At the same time, we will contribute to the development of the automobile industry in Thailand."*Includes knockdown units. About Mitsubishi MotorsMitsubishi Motors Corporation (TSE:7211) --a member of the Alliance with Renault and Nissan--, is a global automobile company based in Tokyo, Japan, which has about 30,000 employees and a global footprint with production facilities in Japan, Thailand, Indonesia, mainland China, the Philippines, Viet Nam and Russia. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification--launched the i-MiEV -the world's first mass-produced electric vehicle in 2009, followed by the Outlander PHEV --the world's first plug-in hybrid electric SUV in 2013. The company announced a three-year business plan in July 2020 to introduce more competitive and cutting-edge models, including the Eclipse Cross (PHEV model), the all-new Outlander and the all-new Triton/L200.For more information on Mitsubishi Motors, please visit the company's website at www.mitsubishi-motors.com/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Motors Starts Sales of the All-New Outlander in China

TOKYO, Nov 21, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) announced that GAC Mitsubishi Motors Co., Ltd. (GMMC), Mitsubishi Motors' vehicle production and sales joint venture in China, has begun production of the all-new Outlander, a crossover SUV, and started sales on November 19.Outlander The all-new Outlander is Mitsubishi Motors' flagship model developed under the product concept "I-Fu-Do-Do", which means authentic and majestic in Japanese. The Chinese specification model is newly equipped with a 1.5-liter direct-injection turbo engine and a 48V mild hybrid system, with a maximum output of 120 kW and maximum torque of 280 Nm. By adding the electric motor assist of the mild hybrid system to the torque characteristics of the turbo engine that starts up from low to mid-speed, the all-new Outlander offers smooth, manageable acceleration while improving fuel efficiency. In addition, the all-new Outlander boasts a robust and powerful styling with the evolved Dynamic Shield front face and 20-inch wheels1, and a refined high-quality interior. Further, safe and secure road performance is enhanced with a newly developed platform, an upgraded electronically-controlled 4WD and S-AWC (Super-All Wheel Control) system. The Outlander was released in 20012 as Mitsubishi Motors' first crossover SUV, and it has become one of the core models in the company's lineup, comprising approximately 20 percent of the global sales volume in recent years. The redesigned Outlander was released in North America in 2021 and subsequently in other markets including the Middle East, Oceania, Latin America and Africa, with more than 100,000 units sold as of end of October 2022. 1. Equipped on certain trim levels.2. Sold as Airtrek in Japan About GAC Mitsubishi Motors (GMMC)Based in Changsha, Hunan, GMMC was formed as a joint venture company in 2012 between Guangzhou Automobile Group (50% ownership stake), Mitsubishi Motors Corporation (30% ownership stake) and Mitsubishi Corporation (20% ownership stake). GMMC has 2,891 employees, and serves as a sales and distribution platform for GAC and Mitsubishi Motors-branded vehicles in China. The company has an annual production capacity over 270,000 units per year among the Mitsubishi ASX, Outlander, Eclipse Cross, and Airtrek. GMMC maintains 231 sales and service locations across China. About Mitsubishi MotorsMitsubishi Motors Corporation (TSE:7211) --a member of the Alliance with Renault and Nissan--, is a global automobile company based in Tokyo, Japan, which has about 30,000 employees and a global footprint with production facilities in Japan, Thailand, Indonesia, mainland China, the Philippines, Viet Nam and Russia. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification--launched the i-MiEV --the world's first mass-produced electric vehicle in 2009, followed by the Outlander PHEV --the world's first plug-in hybrid electric SUV in 2013. The company announced a three-year business plan in July 2020 to introduce more competitive and cutting-edge models, including the Eclipse Cross (PHEV model), the all-new Outlander and the all-new Triton/L200.For more information on Mitsubishi Motors, please visit the company's website at www.mitsubishi-motors.com/en/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Corporation Establishes New Branches in Akita and Choshi

TOKYO, Oct 26, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation (MC) is pleased to announce that it will be opening two new Japanese branches in November 2022, one in Akita City, Akita Prefecture, and the other in Choshi City, Chiba Prefecture. In May of this year, MC announced its new management plan, entitled "Midterm Corporate Strategy 2024 - Creating MC Shared Value." The plan details MC's growth strategy to promote regional revitalization through utilizing integrated EX (Energy Transformations) and DX (Digital Transformations) initiatives. MC has embarked on initiatives to promote specific measures for regional revitalization throughout the company, including the creation of new carbon-neutral industries, supporting smooth transitions to decarbonized societies and developing vibrant communities. The establishment will mark the first time in 35 years that MC has had new branches in Japan. MC was appointed as one of the operators of Japan's first, general-sea-area fixed-foundation wind farm which is being developed off the coasts of Akita and Choshi areas in December 2021. Considering how this wind-farm project is expected to play a big role in shaping the future of both districts, MC is now making efforts to strengthen ties with the local government authorities, business partners and residents. Through those efforts and our close collaborations with the wind-farm project companies(1), we are committed to making steady progress in both districts. MC has always been working to stimulate economic development and improve quality of life by continuously creating new businesses, addressing social needs and challenges in the light of the changing world. As we continue our search for those solutions, would like to continue to be an enterprise that steadily grows in step with society.About Akita BranchName: Mitsubishi Corporation Akita BranchAddress: 8th floor, Akita Atorion Building, 3-8, Nakadori 2-chome, Akita, 010-0001, JapanDate of Establishment: November 1, 2022Representative: Branch GM, Yoshihiro MikamiAbout Choshi BranchName: Mitsubishi Corporation Choshi BranchAddress: 5th floor, The Choshi Chamber of Commerce & Industry Building,19-4, Sangen-cho, Choshi, Chiba, 288-0045, JapanDate of Establishment: November 1, 2022Representative: Branch GM, Koji Shirai (1) Akita Noshiro Mitane Oga Offshore Wind LLC, Akita Yurihonjo Offshore Wind LLC and Chiba Choshi Offshore Wind LLCMateriality Based on the Three Corporate Principles, which serve as MC's core philosophy, MC has continued to grow together with society by contributing to the sustainable development of society through its business activities while pursuing value creation. MC's revised "Materiality" was announced in Midterm Corporate Strategy 2024 as a set of crucial societal issues that MC will prioritize through its business activities, towards the strategy's goal of continuous creation of MC Shared Value (MCSV). Guided by this Materiality, MC will continue to strengthen its efforts towards sustainable corporate growth. Out of the six material issues relating to "Realizing a Carbon Neutral Society and Striving to Enrich Society Both Materially and Spiritually", this project's activities particularly support "Contributing to Decarbonized Societies" "Utilizing Innovation to Address Societal Needs" and "Addressing Regional Issues and Growing Together with Local Communities". Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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NEC Selected as Technology Partner in the Implementation of Biometric Solutions for NIISe

KUALA LUMPUR, Oct 18, 2022 - (JCN Newswire via SEAPRWire.com) - Leading IT and Network Technologies company, NEC Corporation of Malaysia Sdn Bhd (NEC Malaysia) has been awarded a sub-contract for the implementation of its class leading Automated Biometric Identification System (NEC ABIS) and Border Control Solution (e-Gate) by the main project contractor for Malaysia's National Integrated Immigration System (NIISe), IRIS Information Technology Systems Sdn Bhd (IITS), a wholly owned subsidiary of IRIS Corporation Berhad (IRIS). NIISe is an initiative by the Ministry of Home Affairs to modernize the Immigration Department of Malaysia with advanced digital technology.Subcontract handover ceremony (From Left to right: Mr. Chong Kai Wooi, Managing Director, NEC Corporation of Malaysia (NEC Malaysia); Dr Poh Soon Sim, Executive Deputy Chairman, IRIS Corporation Berhad; Mr. Akihiko Kumagai, President of Global Business, NEC Corporation; Yang Berbahagia Datuk Mohamad Fauzi bin Md Isa, Deputy Secretary General (Policy & Control), Ministry of Home Affairs Malaysia; H.E. TAKASHI Katsuhiko, Honorable Japan Ambassador to Malaysia; Mr. Shaiful Zahrin bin Subhan, GroupWhen IRIS created the world's first ePassport in collaboration with the Immigration Department of Malaysia in 1998, it necessitated the introduction and deployment of eGates to read and verify ePassports via traveler thumbprint. Today, 24 years later, NEC will be providing the NEC ABIS and NEC e-Gate systems, featuring highly accurate and reliable multi-modal biometrics authentication, as one of the key technology partners subcontracted for the NIISe project.NEC's biometrics technology uses fingerprint, iris, and face recognition to authenticate identities of visitors and residents at air, sea, and land immigration checkpoints. The NEC e-Gates, a component of NECs Border Control Solution will be deployed at all immigration checkpoints to enable smoother passenger experiences.The Artificial Intelligence (AI)-based multi-modal biometric authentication system features NEC's face and iris recognition technologies, which both have ranked the world's No. 1 in benchmark tests for identification technologies conducted by the US National Institute of Standards and Technology (NIST)."With advanced biometrics technology in immigration checkpoints, residents and travelers to Malaysia will experience improved quality of travel. Biometrics technology will also enhance security and efficiency while providing travelers a secure and seamless experience when going through the e-Gates at immigration checkpoints. We are confident that the NEC ABIS, as an important component to the backbone architecture of NIISe, will also provide effective and efficient processing of all related transactions for the Immigration Department of Malaysia," said Mr. Chong Kai Wooi, Managing Director of NEC Malaysia.Mr. Shaiful Zahrin Bin Subhan, Chief Executive Officer, IRIS Information Technology Systems Sdn Bhd, said, "NEC's stellar track record in deploying biometrics solutions globally speaks volumes. As our technology partner, NEC has provided invaluable feedback and ideas during our initial discussions and helped identify potential pain points in modernising the immigration system. We are thrilled to partner with NEC to work with the Immigration Department of Malaysia to enhance the security and efficiencies in Malaysia's immigration system."NEC has implemented over 1,000 systems with its fingerprint and face recognition technologies in more than 70 countries and regions, including systems for approximately 50 airports around the world."Advancing Malaysia's border control system also generates positive social-economic impacts. Through the NIISe project, both IRIS and NEC Malaysia will be able to create job opportunities. Beyond developing solutions that propel Malaysia's progress, we also work closely with our partners and stakeholders to support talent development in the digital space," added Mr. Chong.Both IRIS and NEC are committed to develop skilled talent in the areas of digital transformation, and both companies will also nurture young Malaysians under the Professional Training and Education for Growing Entrepreneurs (PROTEGE) Ready-to-Work program by the Ministry of Entrepreneur Development and Cooperatives (MEDAC).About NEC Corporation of Malaysia Sdn. Bhd.As a globally renowned technological innovator solutions provider, NEC Corporation of Malaysia (established in 2000) is one of the leading digital transformation players in Malaysia. The company is a subsidiary of NEC Corporation, which has a proven track record of technological expertise. It is committed to help fast track Malaysia's aspiration to become a Digital Nation. Specializing in areas such as smart connectivity, public safety, managed services, enterprise applications, infrastructure, IP network, cybersecurity, and multimedia platform, its presence stretches from Kuala Lumpur to Sunway Iskandar. NEC Malaysia's Center of Excellence in Sunway Iskandar, Johor provides managed services and serves as a call centre operation for customers in the South-East Asian region. Visit us at: https://my.nec.com/.About 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 www.nec.com.About IRIS Information Technology Systems Sdn BhdIRIS Information Technology Systems Sdn Bhd (IITS) is a wholly owned subsidiary of IRIS Corporation Berhad ("IRIS"). IRIS, incorporated in 1994, is a Malaysia Digital status technology innovator and leading provider of Trusted Identification (ID) products and solutions. Since pioneering the world's first ePassport in 1998, the IRIS Group has set itself apart as a dedicated end-to-end integrated solutions provider for eID, ePassport, eVisa, Automated Border Control, smart cards, secure documents, smart devices and other Trusted ID solutions that are highly reliable, secure and holistic.IRIS has expanded its global footprint to 34 countries and continues to innovate to increase international presence for diverse markets, governments and consumers. The Group is listed under the Technology Sector (Name & Code: IRIS & 0010). For more information about IRIS Corporation Berhad, please visit www.iris.com.my/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Bintai Kinden Shareholders Approves All Resolutions at 28th AGM

PETALING JAYA, Malaysia, Sep 15, 2022 - (ACN Newswire via SEAPRWire.com) - Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998), a mechanical and electrical (M&E) engineering services specialist, is pleased to announce that shareholders have approved all resolutions at the 28th Annual General Meeting (AGM) of the Company held today on a virtual platform.Azri Azerai, Executive Director of Bintai KindenShareholders passed the resolution to receive the audited financial statements for the financial year ended 31 March 2022 (FY2022) as well as to re-elect Ooi Jit Huat and Mohd Shakir Shahimi, the directors who were retiring in accordance with Clause 8 of the Company's constitution. Directors retiring in accordance with Clause 113 of the Company's constitution, Mohd Idzwan Izuddin Datuk Ab Rahman and Ku Chong Hong, who, being eligible, had offered themselves for re-election, were also re-elected.The resolution to allow the board of directors the authority to allot and issue shares that does not exceed 10% of the total issued shares of the Company at the time of the issue to be in force up to the conclusion of the next AGM was also approved by shareholders. In addition, shareholders also waived statutory pre-emptive rights to be offered Bintai Kinden shares ranking equally to existing issued shares in accordance with Section 85 of the Companies Act, 2016 and with Clause 52 of the Company's constitution.Messrs. HLB Ler Lum Chew PLT was also appointed as the auditors of Bintai Kinden and shareholders authorised the directors to fix their remuneration. Other resolutions passed included the payment of directors' fee amounting to RM108,000 for FY2022 and approving directors' other benefits payable up to an amount of RM10,000 from 16 September 2022 to the next AGM of the Company.Azri Azerai, Executive Director of Bintai Kinden said, "We would like to thank shareholders for their continued support and confidence in us. We will endeavour to ensure that their interests as well as the interest of other stakeholders are safeguarded as we work to grow the business.""While the global economic outlook is increasingly challenging, we will continue to leverage on our core M&E engineering expertise to seek opportunities in Malaysia and around the region. We have in recent months also explored the Middle East market, a region with a lot of potential given the growing population and expanding economic activities."At the AGM, shareholders also voiced their concerns over arrears totalling RM42.0 million owed by Kolej Teknologi Islam Melaka Berhad (KTIMB) to Bintai Kinden's wholly-owned subsidiary, Optimal Property Management Sdn Bhd (OPM) for the construction and operation of the student accommodation at Kolej Universiti Islam Melaka (KUIM), now known as Universiti Melaka (UNIMEL).OPM completed the construction of the UNIMEL student accommodation in 2019. KTIMB had awarded a 25-year concession in 2016 to OPM to construct and operate the student accommodation at the then KUIM but to-date, OPM has received only a portion of the concession fees for operating the student accommodation and has been forced to use its own funds.Bintai Kinden's orderbook covering M&E and oil and gas (O&G) projects currently total RM120.43 million. The Company was recently granted approval for a license by Petroliam Nasional Berhad (Petronas) under the Standardised Work and Equipment Categories Code, to bid for O&G projects that come under Petronas.About Bintai Kinden Corporation BerhadBintai Kinden Corporation Berhad is a multidisciplinary building and industrial service engineering outfit founded in 1973. The Company has designed, installed and commissioned systems that include the full range of engineering services for commercial buildings to industrial complexes. Headquartered in Malaysia, Bintai Kinden has worked on projects in Southeast Asia, China and the Gulf region of the Middle East. For more information, visit bintai.com.my.Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Bintai Kinden Posts 152% Rise in Revenue for 1Q

PETALING JAYA, Malaysia, Aug 26, 2022 - (ACN Newswire via SEAPRWire.com) - Mechanical and electrical (M&E) engineering services specialist Bintai Kinden Corporation Berhad (Bursa: BINTAI, 6998) today announced that the Company registered a 152.0% increase in revenue to RM30.88 million for the first quarter ended 30 June 2022 (1Q FY2023) compared with RM12.26 million in the corresponding quarter of the previous financial year (1Q FY2022) mainly due to higher contribution from M&E engineering business.En. Azri Azerai, Executive Director of Bintai KindenBintai Kinden reported a profit after tax (PAT) of RM968,000 for the quarter under review, which is 23.0% lower than the PAT of RM1.25 million recorded in 1Q FY2022 as gross profit margin decreased to 16.45% from 30.0% after taking into account variation orders from completed M&E projects.The Company's M&E engineering business contributed RM26.43 million for 1Q FY2023, which is an increase of 203.72% compared with RM8.7 million in 1Q FY2022. The concession business brought in RM3.6 million, a marginal increase compared with RM3.55 million. Bintai Kinden operates the entire in-campus accommodation for Universiti Melaka as part of a 25-year concession from Kolej Teknologi Islam Melaka Berhad (KTIMB). As of 31 March 2022, KTIMB owes Bintai Kinden an outstanding sum of RM30.18 million from the concession.En. Azri Azerai, Executive Director of Bintai Kinden said, "We will continue to leverage on our core M&E engineering specialisation to seek opportunities in Malaysia and around the region. The surge in economic activities following the previous two years of intermittent lockdowns due to COVID-19 will definitely have positive spillover effects.""Through our indirect subsidiary, Johnson Medical International Sdn Bhd, we have a niche as a turnkey solutions provider of mobile, modular and offsite engineered healthcare infrastructure that we intend to expand and in which our M&E engineering services can also benefit. Through our 51%-owned subsidiary, Bintai Energy Sdn Bhd, we have been busy exploring opportunities to distribute flanges and other related piping products, the latest of which is a business collaboration agreement with PT Raintech Indo Energi."Bintai Energy has also recently been granted approval for a license by Petroliam Nasional Berhad under the Standardised Work and Equipment Categories Code, to bid for oil and gas (O&G) projects that come under Petronas. Bintai Kinden's orderbook covering M&E as well as O&G projects total RM120.43 million.Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Bintai Kinden Signs MoU Exploring Opportunities in Middle East

PETALING JAYA, Malaysia, Jul 25, 2022 - (ACN Newswire via SEAPRWire.com) - Bintai Kinden Corporation Berhad, a building and industrial service engineering specialist, is pleased to announce that the Company's sub-subsidiary, Johnson Medical International Sdn Bhd (JMI), has signed a memorandum of understanding (MoU) with Medical Renewable Care Company (MRC, or under its trade name known as Nouveta) to explore a collaboration providing mechanical and engineering (M&E) solutions and services to the healthcare industry of Saudi Arabia and future expansion in Dubai, United Arab Emirates (UAE).Azri Azerai, Executive Director of Bintai KindenJMI specialises in the design, manufacture and installation of customized hospital support system equipment and provision of nursing home services. Nouveta, which is based in Jeddah, Saudi Arabia, provides healthcare-related products and services to doctors, hospitals and pharmacies.Azri Azerai, Executive Director of Bintai Kinden said, "This MoU gives us the framework to explore in more concrete terms how JMI and Nouveta can collaborate further in Saudi Arabia and the UAE and leverage on the opportunities that can be found in these countries.""As a first step, we are looking to appoint Nouveta as JMI's distributor in Saudi Arabia and secondly, we will study more on the commercial viability of providing M&E solutions and services in Dubai and the rest of the UAE that may encompass a wider market than just hospitals and pharmacies. We look forward to deepening the partnership with Nouveta."Ali Salem Alsubai, General Manager of Nouveta said, "We look forward to a fruitful relationship with JMI and Bintai Kinden. We believe that there are opportunities for us to leverage on and grow together."Bintai Kinden, which recorded a net profit of RM0.91 million in the quarter ended 31 March 2022 (Q4 2022) against a net loss of RM6.59 million in the corresponding Q4 2021, also recently formed a partnership with Marafie Industries Co to supply piping materials to oil and gas related companies in Saudi Arabia as well as securing a series of projects from Petro Flanges & Fittings Sdn Bhd to supply piping materials.Bintai Kinden Corporation Berhad: 6998 [BURSA: BKC], http://bintai.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Annual Report on Form 20-F for Fiscal Year 2021 of Aluminum Corporation of China Limited Now Available

BEIJING, Apr 23, 2022 - (ACN Newswire via SEAPRWire.com) - Aluminum Corporation of China Limited (the "Company"; NYSE "ACH"; SEHK "2600"; SSE "601600") announces that the Company's annual report for the 2021 fiscal year filed with the SEC on April 22, 2022 can be accessed via the following link: http://www.chalco.com.cn/en/report/2021/202204/t20220421_93456.html A hard copy of the Company's complete annual report will be provided to any shareholder without charge upon written request to Aluminum Corporation of China Limited at No. 62 North Xizhimen Street, Haidian District, Beijing, PRC 100082. Background information: Aluminum Corporation of China Limited is a leading enterprise in non-ferrous metal industry in China. The scope of business of the Company primarily includes bauxite and coal mining, alumina refining, primary aluminum smelting, trading of alumina, primary aluminum, other non-ferrous metal products, coal products and raw and ancillary materials in bulk and power generation. The Company was established as a joint stock limited company incorporated in the People's Republic of China. The Company's American Depository Shares and H Shares are listed on the New York Stock Exchange, Inc. and the Stock Exchange of Hong Kong Limited, respectively. The Company's A Shares are listed on the Shanghai Stock Exchange. For further information, please visit http://www.chalco.com.cn Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Mitsubishi Motors Inaugurates New Paint Factory in Thailand

TOKYO, Mar 16, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Motors Corporation (hereafter, Mitsubishi Motors) today inaugurated a new paint factory with 12 billion yen investment at Mitsubishi Motors Thailand Co., Ltd. to replace the existing paint facilities. The new paint factory is one of the largest automobile paint factories in the Kingdom of Thailand, which has realized improved production efficiency and reduction of environmental load by automated major painting processes and advanced technology. The advanced and environmentally friendly technology enables to reduce volatile organic compound emissions by 50 percent compared to the past. Further, the wastewater treatment plant allows for water recycling and reduces water discharge by 50 percent. Mitsubishi Motors Thailand has also invested in solar panels that can reduce CO2 emissions by more than 1,700 tons per year. Their Excellencies Suriya Jungrungreangkit, Minister of Industry in Thailand, Kazuya Nashida, Ambassador Extraordinary and Plenipotentiary of Japan to the Kingdom of Thailand and other guests attended the inauguration ceremony. "At Mitsubishi Motors, we have strong desire to enhance the manufacturing efficiency and quality, as well as to transform our business towards a sustainable future," said Takao Kato, president and chief executive officer, Mitsubishi Motors. "We established Environmental Plan Package which identified our direction to reduce 40 percent of CO2 emissions from our new cars and business activities by 2030. Certainly, the business operation in Thailand has played an important role to achieve our global goal." About Mitsubishi MotorsMitsubishi Motors Corporation (TSE:7211) -a member of the Alliance with Renault and Nissan-, is a global automobile company based in Tokyo, Japan, which has more than 30,000 employees and a global footprint with production facilities in Japan, Thailand, Indonesia, mainland China, the Philippines, Viet Nam and Russia. Mitsubishi Motors has a competitive edge in SUVs, pickup trucks and plug-in hybrid electric vehicles, and appeals to ambitious drivers willing to challenge convention and embrace innovation. Since the production of our first vehicle more than a century ago, Mitsubishi Motors has been a leader in electrification-launched the i-MiEV -the world's first mass-produced electric vehicle in 2009, followed by the Outlander PHEV -the world's first plug-in hybrid electric SUV in 2013. The company announced a three-year business plan in July 2020 to introduce more competitive and cutting-edge models, including the Eclipse Cross (PHEV model), the all-new Outlander and the all-new Triton/L200.For more information on Mitsubishi Motors, please visit the company's website athttps://www.mitsubishi-motors.com/en/ Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Fujitsu Leads Development of Energy-efficient CPUs and Photonics Smart NIC for Next-generation Green Data Centers Under NEDO Program

TOKYO, Feb 25, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu today announced that it has been selected for the "Green Innovation Fund Project/Construction of Next Generation Digital Infrastructure" project in the field of "Technology Development of the Next Generation Green Data Center" by Japan's New Energy and Industrial Technology Development Organization (NEDO). Fujitsu has been selected along with NEC Corporation, AIO Core Corporation, Kioxia Corporation, Fujitsu Optical Components Co., Ltd. and KYOCERA Corporation.To address the challenge of increasing power consumption at data centers in today's digital society, companies participating in this project will work to develop innovative solutions to realize greater energy efficiency, larger capacity, and lower latency in data centers to contribute to the achievement of a carbon-neutral society. Within this project, Fujitsu will lead the development of low-power consumption CPUs and photonics smart NIC optimized for next-generation green data centers. Additionally, Fujitsu Optical Components will work with Fujitsu to develop photonics smart NIC.Through its contribution to this national initiative, The Fujitsu Group aims to strengthen the development of advanced computing and networks technologies that play a vital role in the digital infrastructure of society and to promote the use of total solutions globally, with the ultimate goal of achieving its commitment to delivering a more sustainable society through innovation.As society makes a digital shift, demand for energy and sustainable solutions mounts facing growing energy demands from the ever-increasing needs of data centers, Japan's NEDO has launched an ambitious initiative that aims to achieve energy savings of 40% or more in datacenters domestically by 2030.Development of low-power consumption CPUs and photonics smart NIC (The Fujitsu Group)1. Low-power consumption CPUsFujitsu designs its own microarchitecture which is a key factor for CPU performance and power efficiency. This technology made it possible for the supercomputer Fugaku to achieve the world's highest levels of performance and energy efficiency. Fujitsu will further refine this technology and develop a low-power consumption CPU that can be used in next-generation green data centers.2. Photonics smart NICFujitsu and Fujitsu Optical Components will develop a photonics smart NIC that reduces network power consumption in data centers by applying optical transmission technology that achieves greater efficiency in size and energy consumption, as well as greater data capacity, and by refining hardware and software technologies cultivated through the development of leading-edge optical transmission devices.Roles and ResponsibilitiesFujitsu Limited - Development of low-power consumption CPUs and photonics smart NIC NEC Corporation - Development of low-power consumption accelerators and disaggregation technologies AIO Core Corporation - Development of photoelectric fusion devices Kioxia Corporation - Development of Wideband SSD Fujitsu Optical Components Co., Ltd. - Development of photonics smart NIC KYOCERA Corporation - Development of photonics smart NICComment from Vivek Mahajan, Corporate Executive Officer, CTO, Fujitsu Ltd.:"We are excited to take on the challenge of developing leading-edge technologies for energy efficient CPUs (code name: "FUJITSU-MONAKA (tentative name)") and photonics smart NIC as part of our work with NEDO. Fujitsu will harness this technology to deliver robust, yet environmentally-sustainable digital infrastructure that takes full advantage of Fujitsu's strengths in areas like computing and network technologies. I am confident that our work on this initiative will help demonstrate Japan's technological capabilities, and show how Fujitsu can lead the way globally in innovation that contributes to the realization of a carbon-neutral and sustainable society."Fujitsu's Commitment to the Sustainable Development Goals (SDGs)The Sustainable Development Goals (SDGs) adopted by the United Nations in 2015 represent a set of common goals to be achieved worldwide by 2030. Fujitsu's purpose -- "to make the world more sustainable by building trust in society through innovation"--is a promise to contribute to the vision of a better future empowered by the SDGs.About FujitsuFujitsu is the leading Japanese information and communication technology (ICT) company offering a full range of technology products, solutions and services. Approximately 126,000 Fujitsu people support customers in more than 100 countries. We use our experience and the power of ICT to shape the future of society with our customers. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$34 billion) for the fiscal year ended March 31, 2021. For more information, please see www.fujitsu.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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DENSO to Take Minority Stake in JASM

KARIYA, JAPAN, Feb 15, 2022 - (JCN Newswire via SEAPRWire.com) - TSMC (TWSE: 2330, NYSE: TSM), Sony Semiconductor Solutions Corporation ("SSS") and DENSO Corporation ("DENSO") today announced that DENSO will take a minority stake in Japan Advanced Semiconductor Manufacturing, Inc. ("JASM"), TSMC's majority-owned manufacturing subsidiary in Kumamoto Prefecture, Japan with a US$0.35 billion investment. With this equity investment, DENSO will hold a more than 10% equity stake in JASM. Construction of JASM's fab in Japan is scheduled to begin in the 2022 calendar year with production targeted to begin by the end of 2024. To support market demand, TSMC will also enhance JASM's capabilities with 12/16 nanometer FinFET process technology in addition to the previously announced 22/28 nanometer process and increase monthly production capacity to 55,000 12-inch wafers. With the additional capacity, the total capital expenditure for JASM's Kumamoto fab is estimated to be approximately US$8.6 billion with strong support from the Japanese government. The fab is expected to directly create about 1,700 high-tech professional jobs.The closing of the transaction between JASM and DENSO is subject to customary closing conditions."TSMC is very glad to welcome DENSO's participation in JASM to enable fresh innovations in the future of transportation together," said Dr. CC Wei, Chief Executive Officer of TSMC. "JASM is not only an opportunity for TSMC to support growing market demand for specialty technologies, it enables us to leverage Japan's top-notch semiconductor talent and contribute to the growth of the global semiconductor ecosystem.""While the global demand for semiconductors is expected to grow, we expect JASM to contribute to securing a stable supply of logic wafers, not only for us but also the overall industry," said Terushi Shimizu, President and CEO of Sony Semiconductor Solutions Corporation. "We are very pleased to have DENSO as a new member, and we look forward to working with them to support the launch of JASM.""Semiconductors are becoming increasingly important in the automotive industry as mobility technologies evolve, including automated driving and electrification," said Koji Arima, President and CEO of DENSO Corporation. "Through this partnership, we contribute to the stable supply of semiconductors over the medium to long term and thus to the automotive industry."About TSMCTSMC pioneered the pure-play foundry business model when it was founded in 1987, and has been the world's leading dedicated semiconductor foundry ever since. The Company supports a thriving ecosystem of global customers and partners with the industry's leading process technologies and portfolio of design enablement solutions to unleash innovation for the global semiconductor industry. With global operations spanning Asia, Europe, and North America, TSMC serves as a committed corporate citizen around the world.TSMC deployed 291 distinct process technologies, and manufactured 12,302 products for 535 customers in 2021 by providing broadest range of advanced, specialty and advanced packaging technology services. TSMC is the first foundry to provide 5-nanometer production capabilities, the most advanced semiconductor process technology available in the world. The Company is headquartered in Hsinchu, Taiwan. For more information please visit https://www.tsmc.com.About Sony Semiconductor SolutionsSony Semiconductor Solutions Corporation is a wholly owned subsidiary of Sony Group Corporation and the global leader in image sensors. Our semiconductor business also includes a variety of other parts including microdisplays, LSIs, and laser diodes. We strive to provide advanced imaging technologies that bring greater convenience and fun to people's lives. In addition, we also work to develop and bring to market new kinds of sensing technologies with the aim of offering various solutions that will take the visual and recognition capabilities of both human and machines to greater heights. For more information, please visit https://www.sony-semicon.co.jp/e/.About DENSODENSO is a $44.6 billion global mobility supplier that develops advanced technology and components for nearly every vehicle make and model on the road today. With manufacturing at its core, DENSO invests in its 200 facilities to produce thermal, powertrain, mobility, electrification, & electronic systems, to create jobs that directly change how the world moves. The company's 168,000+ employees are paving the way to a mobility future that improves lives, eliminates traffic accidents, and preserves the environment. Globally headquartered in Kariya, Japan, DENSO spent 10.0 percent of its global consolidated sales on research and development in the fiscal year ending March 31, 2021. For more information about global DENSO, visit https://www.denso.com/global. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

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Quantum FOMM Acquires FOMM One Rights for Japan, Thailand and Global Market Expansion

Tokyo, Japan, Feb 14, 2022 - (ACN Newswire via SEAPRWire.com) - Quantum FOMM Limited ("QF"), a subsidiary of Quantum Solutions ("Quantum") and a joint venture with FOMM Corporation ("FOMM"), announced on 31 January 2022 that it has entered into a Framework Agreement ("Agreement") with FOMM for the manufacturing and distribution of FOMM One, FOMM's first electric vehicle model and one of Japan's few approved EV kei car on the road today. This Agreement solidifies Quantum's entry into the EV sector, laying the groundwork to become a leader in quality, affordable, micro-EV.Through this Agreement, FOMM grants QF the exclusive licensing rights for the manufacturing and sales of FOMM One, along with all necessary intellectual property rights, in the countries and regions of China (including Hong Kong, Macau and Taiwan), Malaysia, Singapore, Indonesia, and Latin America. In FOMM One's existing markets of Japan and Thailand, QF will partner with existing dealers for distribution of the vehicles.Based in Kanagawa Prefecture, FOMM was founded in 2013 by a team of auto engineers who had previously developed electric vehicles at Suzuki Motor Corporation. Over the years, FOMM developed its first micro, electric four-seater kei car model, FOMM One, to cater to the specific needs of the Japanese market.Specifically, in Japan, kei means "light", and these vehicles are known for their affordability and small engines. The category makes up about a third of new domestic automobile sales annually, as the vehicles are a popular means of transportation especially in rural areas, where public transport systems are sparse and roads are narrow. While FOMM One is geared towards general consumers in the kei car category, demand is also expected from local governments, commercial businesses such as logistics company, ride-shares and more. As the Japanese government pledges to decarbonize Japan by 2050 with plans to ban the sale of new gasoline-only vehicles by mid-2030's, FOMM One is well positioned for market share growth in the Japanese car market.Beyond Japan, Quantum and QF plans to expand its footprint to select ASEAN and Latin America cities where national and local governments are embracing affordable and sustainable mobility solutions in unprecedented ways. Compensation of such rights is 200 million JPY, as announced in the "Notification for Change in Use of Funds from 8th Series of Stock Acquisition Rights." Quantum plans to raise 175 million JPY through the Series 8 Stock Acquisition Rights and allocate the remaining 25 million JPY from cash on hand. About Quantum Solutions Limited (2338.T)Quantum Solutions is a Tokyo Stock Exchange listed company engaged in the EV sector.About Quantum FOMM LimitedIncorporated in Hong Kong, Quantum FOMM is a subsidiary of Quantum Solutions and a joint venture with FOMM Corporation. The joint venture is designated for EV business of Quantum.About FOMM CorporationBased in Kanagawa prefecture of Japan and established in 2013, FOMM is an R&D and design-oriented mobility company specializing in planning and developing compact mobility using innovative designs and technologies. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Bitcoin Latinum launches world’s first Bitcoin Enabled NFT platform in partnership with Unico NFT

Palo Alto, CA / November 28, 2021 / SEAPRWire / – Bitcoin Latinum (LTNM), the next generation, insured, asset-backed cryptocurrency, in partnership with Unico NFT, is launching an NFT marketplace that features thousands of digital artwork that can be bought and sold exclusively with Bitcoin (BTC) and Bitcoin Latinum (LTNM). This is the world’s first platform that enables the option of buying, selling and trading NFTs using cryptocurrencies other than Ethereum type currencies. Using a patent pending technology, Unico provides ways to purchase NFT using Bitcoin and Bitcoin Latinum. This will open up new opportunities for people who want to own digital artwork or collectibles and also unlocks the huge liquidity available in the whole crypto space. It will also solve the typical problems of using the Ethereum blockchain such as high fees and low transaction speed. Monsoon Blockchain, the blockchain development platform behind Bitcoin Latinum, has been trying to disrupt the crypto industry with innovative technological solutions. In an effort to make an advancement in the latest NFT space, the platform has partnered with Unico to launch a decentralized NFT marketplace called UnicoNFT. The marketplace features an extensive array of collections, auctions, live actions, and many popular categories including entertainment, pop culture, gaming, influencers, and celebrities. NFTs use blockchain to record the ownership and provenance of digital items such as images, videos, collectibles and even land in virtual worlds. According to Decrypt, the NFT market produced 10.67 billion dollars-worth of transaction volume in Q3 2021- eight times as much as the previous quarter, and up from $328 million in 2020. To date, NFTs were tied to the Ethereum blockchain, however UnicoNFT is the first NFT marketplace to utilize Bitcoin and Bitcoin Latinum for NFT transactions, thereby opening more options and allowing everyone to participate in the NFT world. “NFTs we believe mark the beginning of widespread adoption of blockchain by end consumers” remarked Dr. Donald Basile (CEO of Monsoon Blockchain Corporation), adding that “we expect 5-10x the number of consumers currently involved in digital assets to adopt them over the next 24 months.” Bitcoin Latinum was built as an open-architecture cryptocurrency technology, capable of handling large transaction volume, cybersecurity, and digital asset management. Based on the Bitcoin ecosystem, Bitcoin Latinum was developed by Monsoon Blockchain Corporation on behalf of the Bitcoin Latinum Foundation. LTNM is a greener, faster, and more secure version of Bitcoin, and is poised to revolutionize digital transactions. Unlike other crypto assets, LTNM is insured, and backed by real-world and digital assets. Its asset backing is held in a fund model, so that base asset value increases over time. It accelerates this asset-backed funds growth by depositing 80% of the transaction fee back into the asset fund that backs the currency. Thus, the more Bitcoin Latinum is adopted, the faster its asset funds grow, creating a self-inflating currency. Bitcoin Latinum currently trades publicly on HitBTC(the fifth largest exchange by volume at $4 billion), FMFW.io (formerly Bitcoin.com Exchange and operating with $3.3 billion in daily trading volume), AAX Exchange ($1.3 billion in daily volume), LBank Exchange($1.35 billion in daily volume), Hotbit and DigiFinex. Monsoon Blockchain, Bitcoin Latinum’s lead developer, has announced plans for Bitcoin Latinum to officially list in four more exchanges including Bitmart ($1.6 billion in daily volume), Changelly, XT.com and Changelly Pro by the end of 2021. Monsoon Blockchain Corporation, an innovative blockchain company based in Palo Alto, California, was selected by Bitcoin Latinum as its foundation partner. Monsoon is focused on innovative cloud solutions in the blockchain ecosystem, leveraging the latest blockchain technology to develop powerful business solutions that allow the successful digitization of and listing of assets across a variety of industries, including financial services, telecommunications, and media and entertainment. Dr. Donald Basile, Monsoon’s CEO and founder, is the former CEO of Fusion IO, a company known for playing a major role in implementing the cloud systems at Apple and Facebook as well as partnerships with HP, IBM, and Dell. For more information about Bitcoin Latinum, please visit https://bitcoinlatinum.com For more information about Monsoon Blockchain Corporation, please visit https://monsoonblockchaincorporation.com Media contact Brand: Bitcoin Latinum Contact: Kai Okada, Director of Communications E-mail: Kai.Okada@bitcoinlatinum.com Website: https://bitcoinlatinum.com/ Address: 2100 Geng Road, Palo Alto, California 94303, USA Telephone: +1 800-528-0985 SOURCE: Bitcoin Latinum Foundation The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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ITU-T Recommendation on Framework for a Cyber Defence Centre

TOKYO, Nov 16, 2021 - (JCN Newswire via SEAPRWire.com) - NTT Corporation (NTT), NTT Security Corporation (NTTS), NTT TechnoCross Corporation (NTT-TX) and NEC Corporation (NEC) have jointly developed an international standard for the concept of a Cyber Defence Centre (CDC) and its build, management and evaluation process for strategic and systematic responses to cyber risks. It has been published as the ITU-T Recommendation X.1060 (https://www.itu.int/rec/T-REC-X.1060-202106-I) by the Telecommunication Standardization Sector of the International Telecommunication Union (ITU), one of the specialized agencies of the United Nations.With the recommendation, various companies and organizations are expected to improve their cyber risk response capabilities by building and strengthening security response organizations based on a systematic framework.Summary of the RecommendationITU-T Recommendation X.1060 defines the CDC as "An entity within an organization that offers security services to manage the cyber security risks of its business activities". The framework describes the three processes of build, management, and evaluation that the CDC should implement, and also presents the service functions that the CDC should have in order to implement more specific cyber security measures.Contribution to the Recommendation and Future DevelopmentsIn this recommendation, the contents of the "Textbook for Security Response Organizations" issued by the Information Security Operation providers Group Japan (ISOG-J), in which NTT, NTTS, NTT-TX and NEC participate, were adopted. In addition, the specific operations and services required to achieve effective security response in enterprises are provided as best practices with 64 types in 9 categories. Thus, the recommendation can be practically used as a guideline for cyber security and its organizational functions, as well as a reference for implementing specific cyber security response operations.NTT, NTTS, NTT-TX and NEC will collaborate with various organizations and groups to promote the use of the framework of this recommendation both domestically and internationally for cyber security response.About NTTNTT believes in resolving social issues through our business operations by applying technology for good. We help clients accelerate growth and innovate for current and new business models. Our services include digital business consulting, technology and managed services for cybersecurity, applications, workplace, cloud, data center and networks, all supported by our deep industry expertise and innovation. As a top 5 global technology and business solutions provider, our diverse teams operate in 80+ countries and regions and deliver services to over 190 of them. We serve over 80% of Fortune Global 100 companies and thousands of other clients and communities around the world. For more information on NTT, visit wwww.global.nttAbout NTT SecurityNTT Security helps clients create a digital business that's secure by design. With unsurpassed threat intelligence, we help you predict, detect and respond to cyberthreats, while supporting business innovation and managing risk. We have a global network of SOCs, seven R&D centers, over 2,000 security experts, and handle hundreds of thousands of security incidents annually across six continents. We're also a leading advisor for application security with a comprehensive platform powered by artificial and human intelligence. We ensure that resources are used effectively by delivering the right mix of Managed Security Services, Security Consulting Services and security technology.About NTT TechnoCrossNTT TechnoCross Corporation is one of the world's leading telecom and IT companies with large R&D investment in AI, speech, and Big Data technologies among others. Headquartered in Tokyo, Japan, NTT TechnoCross was founded to provide innovative solutions to customers by crossbreeding its parent company's core technologies.For more information on NTT-TX, visit https://www.ntt-tx.com/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 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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Olympus Launches Venture Capital Fund to Strengthen Medtech Leadership

TOKYO, JP & CENTER VALLEY, PA, Nov 12, 2021 - (ACN Newswire via SEAPRWire.com) - Olympus Corporation (Tokyo: 7733), a global leader in medical technology, has announced the establishment of Olympus Innovation Ventures to invest in pioneering startups with innovative technologies that improve clinical outcomes, reduce healthcare costs and enhance the quality of life for patients.Olympus Innovation Ventures, a fully-owned subsidiary of Olympus Corporation of the Americas, is a venture capital fund focused on startups poised to improve patient outcomes, radically advance the detection and treatment of disease, and transform the surgery suite. The new fund expands upon Olympus' strategy to strengthen endoscopy and pioneer next-generation tools and procedures for minimally invasive surgery.Olympus' venture fund is stage-agnostic, prioritizing early- and growth-stage companies globally with solutions in therapeutic areas including gastroenterology, respiratory, and urology. Olympus has allocated $50 million for initial commitments and follow-on investments in portfolio companies. In addition to capital, Olympus will help its portfolio companies succeed by contributing its clinical and technical expertise, access to healthcare professionals and hospitals, and ability to launch and scale innovative solutions in the global market.Olympus has been a leader in optical and medical innovation for over 100 years, introducing a mass-produced microscope to Japan in 1919 and the world's first gastrocamera for practical use in 1950. Olympus' tools have aided the minimally invasive surgery revolution and have evolved to detect and treat disease. Yasuo Takeuchi, CEO of Olympus Corporation, says "Our investment underscores our commitment to make people's lives safer, healthier, and more fulfilling. Our goal is for this fund to continue our history of innovation and support our long-term growth and transformation."Touchdown Ventures, a firm specializing in corporate venture capital, will help manage the Olympus Innovation Ventures fund. Touchdown will work closely with senior executives of Olympus in all aspects of operating the fund."We are excited about what Olympus can bring to entrepreneurs through the company's technical strengths, industry relationships, vast distribution, and deep subject matter expertise," noted Scott Lenet, co-founder and President of Touchdown Ventures. "The entire Olympus Innovation Ventures team is working to be the partner of choice for innovators and create a competitive advantage for their startups."Nacho Abia, Chief Operating Officer of Olympus Corporation, said "This effort is another way Olympus is demonstrating its commitment to excellence and creating tangible value for providers and patients. We believe we will play a meaningful role in the advancement of minimally invasive care and new ways to detect, monitor and treat conditions and diseases."For more information, please visit http://olympusamerica.com/venture-capital. Olympus Innovation Ventures can be contacted at ventures@olympus.com.For the contact: Olympus Corporation of the Americas Christos MonovoukasVice President, Global Business DevelopmentChristos.Monovoukas@Olympus.com Touchdown VenturesDeborah ZajacDirector, Investmentsdeborah@touchdownvc.comAbout OlympusOlympus is passionate about creating customer-driven solutions for the medical, life sciences, and industrial equipment industries. For more than 100 years, Olympus has focused on making people's lives healthier, safer and more fulfilling by helping to detect, prevent, and treat disease; furthering scientific research; and ensuring public safety. As a leading medical technology company, our Medical business uses innovative capabilities in medical technology, therapeutic intervention, and precision manufacturing to help healthcare professionals deliver diagnostic, therapeutic, and minimally invasive procedures to improve clinical outcomes, reduce overall costs, and enhance the quality of life for patients and their safety. Olympus' Medical portfolio includes endoscopes, laparoscopes, and video imaging systems, as well as surgical energy devices, system integration solutions, medical services, and a wide range of endotherapy instruments for endoscopic and therapeutic applications. For more information, visit www.olympus-global.com. About Touchdown VenturesTouchdown Ventures partners with corporations to manage their venture capital programs. Touchdown works closely with each corporation to achieve the financial and strategic benefits from venture capital investments. The firm is a Registered Investment Adviser and maintains offices in Los Angeles, Philadelphia, and San Francisco. More information on Touchdown can be found at www.touchdownvc.comSafe Harbor StatementThis press release contains statements that reflect our views about our future performance and constitute "forward-looking statements" under the Private Securities Litigation Reform Act of 1995. Forward-looking statements can be identified by words such as "outlook," "believe," "anticipate," "appear," "may," "will," "should," "intend," "plan," "estimate," "expect," "assume," "seek," "forecast," and similar references to future periods. Our views about future performance involve risks and uncertainties that are difficult to predict and, accordingly, our actual results may differ materially from the results discussed in our forward-looking statements. We caution you against relying on any of these forward-looking statements.Our future performance may be affected by the levels of residential repair and remodel activity and, to a lesser extent, new home construction, our ability to maintain our strong brands and reputation and to develop innovative products, our ability to maintain our competitive position in our industries, our reliance on key customers, the length and severity of the ongoing COVID-19 pandemic, including its impact on domestic and international economic activity, consumer confidence, our production capabilities, our employees and our supply chain; the cost and availability of materials and the imposition of tariffs, our dependence on third-party suppliers, risks associated with our international operations and global strategies, our ability to achieve the anticipated benefits of our strategic initiatives, our ability to successfully execute our acquisition strategy and integrate businesses that we have and may acquire, our ability to attract, develop and retain talented and diverse personnel, risks associated with our reliance on information systems and technology, and our ability to achieve the anticipated benefits from our investments in new technology. These and other factors are discussed in detail in our most recent Annual Report on Form 10-K, as well as in our Quarterly Reports on Form 10-Q and in other filings we make with the Securities and Exchange Commission. Any forward-looking statement made by us speaks only as of the date on which it was made. Factors or events that could cause our actual results to differ may emerge from time to time, and it is not possible for us to predict all of them. Unless required by law, we undertake no obligation to update publicly any forward-looking statements as a result of new information, future events or otherwise.Olympus Contact (Tokyo)Yuka Horimoto+81-90-2490-1071yuka.horimoto@olympus.comOlympus Contact (USA)Susan Scerbo+1-610-909-9153sue.scerbo@olympus.comTouchdown Ventures ContactDeborah ZajacDirector, Investments+1-917-558-4403deborah@touchdownvc.com Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Firm charged over alleged unauthorised works that led to Pasir Ris flood in August

SINGAPORE - Construction firm Samwoh Corporation was charged in a district court on Tuesday (Nov 9) over alleged unauthorised works that led to a flood in Pasir Ris on Aug 20. A drain, which was purportedly altered by the firm, is said to be one of the causes for knee-high water to inundate a 200m section of the traffic junction of Tampines Avenue 10 and Pasir Ris Drive 12. The drain is located along Tampines Avenue 10, between Tampines Industrial Avenue 5 and Tampines Link. Thirteen vehicles were partially submerged and several motorists required help to evacuate their vehicles. At least one person was taken to hospital. The incident also caused a traffic congestion that lasted two hours. The affected junction is not flood-prone, national water agency PUB had said after the incident. But the flood on Aug 20 persisted for almost two hours while most flash floods in Singapore would subside within about 30 minutes. Samwoh Corporation had allegedly removed an existing drain that was 1.8m wide and 4m deep and replaced it with a newly constructed drain of the same width but shallower at 3m deep. It is also accused of causing obstruction to the flow of the storm water drainage system by erecting scaffolds to construct a new drain. The firm allegedly continued to place the scaffolds in the drain when its construction was completed, the court heard. The maximum fine for each offence is $20,000. According to court documents, Samwoh Corporation had also carried out works "which affect or are likely to affect" the storm water drainage system "directly or indirectly" by constructing two drain openings to channel water from a new drain to an existing one. A drain, which was purportedly altered by Samwoh Corporation, caused a flood at the traffic junction of Tampines Avenue 10 and Pasir Ris Drive 12. PHOTOS: BERITA HARIAN One drain opening is said to be undersized while the other was purportedly under construction. If convicted of this offence, Samwoh Corporation can be fined up to $50,000. The case has been adjourned to Nov 30. More on this topic   Related Story 'I was afraid to get trapped': Drivers flee flooded cars in Pasir Ris as water rises to their waists   Related Story askST: Is it safe to drive through a flood? In its earlier statement, PUB said that the drainage system in the area was "more than adequate to cope with the rainfall intensity" that day. Water from the area is channelled to Sungei Api Api, a canal about 1km from the flooded junction, and sensors showed that it was only about 50 per cent full on Aug 20. The amount of rain then was also comparable to recent rain events on April 5 this year and Nov 22 last year. No flooding was observed on those dates.

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Monsoon Blockchain Corporation Partners with National Science Foundation (NSF) to Promote the Progress to Science

Palo Alto, CA / SEAPRWire / October 13, 2021 / – Monsoon Blockchain Corporation, an innovative blockchain development company, is proud to announce its strategic partnership with National Science Foundation (NSF) Center for Cloud and Autonomic Computing (CAC) to help the CAC in the research work geared towards the economic development of the nation, as well as, to secure the national defense. Monsoon Blockchain provides a comprehensive suite of blockchain development solutions, including the development of decentralized finance (DeFi) protocols, NFTs, Crypto currency, AI/ML-based platforms. With over a decade of experience in the blockchain field, the team has the right skill-set and understanding of applying the technology to different industries. This partnership also aims at leveraging the knowledge of Monsoon Blockchain Corporation in researching and developing solutions that can address specific underdeveloped areas in the United States of America. Commenting on the collaboration, Dr. Donald G. Basile, Monsoon Blockchain’s CEO stated, “the alignment of our company’s vision with this scientific institution will further allow us to contribute to the creation and acceleration of technology in the areas of security, cryptography, currency, and related fields. Doing so will greatly accelerate the value for our world, our country, and our shareholders.” NSF’s Center for Cloud and Autonomic Computing is created to advance industry-driven research and development in the cloud, distributed, and autonomic computing methods and their application to a broad range of needs for industry and government partners. The technical scope of the Center’s activities includes design and evaluation methods, algorithms, architectures, software, and mathematical foundations for advanced distributed and automated computing systems. Besides, with the ongoing global pandemic, Blockchain seems to be an ideal option as there is a massive need for distributed, decentralized workforces and businesses that can be trusted without an intermediary. The partnership with Monsoon Blockchain will help the center explore and find new opportunities in the field of blockchain and build solutions that can work for the betterment of the US.  “The CAC is a perfect fit for the goals and research we pursue at the Center,” said Salim Hariri, Center Director, he added “we are excited to find an area of collaboration that is so far-reaching and worthy of a partnership between Academic, Government, and Industry funding. We are extremely happy to attract a partner of the caliber of the Monsoon Blockchain Corporation … We expect this research to provide the seeds for many research projects that will have a major impact on our national and global economy.” Monsoon Blockchain Corporation is the brains behind many existing and emerging market-leading products, including Bitcoin Latinum – which is revolutionizing the crypto industry. Bitcoin Latinum is the next generation, fully insured asset-backed cryptocurrency. Based on the Bitcoin ecosystem, Bitcoin Latinum is greener, faster, more secure, and has the lowest transaction fees, poised to revolutionize digital transactions. Dr. Donald Basile, Monsoon Blockchain Corporation’s CEO and founder, is the former CEO of Fusion-IO, a company known for playing a major role in implementing the cloud systems at major financial institutions, and global IT giants. Dr. Basile is also the Co-CEO and Chairman of Roman DBDR, a special purpose acquisition company, which raised $236 million in its initial public offering in November 2020. Roman DBDR announced a merger with CompoSecure, a pioneer in premium payment cards whose clients include some of the world’s largest financial institutions. The merger of the two companies will create a combined enterprise value of approximately $1.2 billion. CompoSecure will soon be releasing its new cryptocurrency cold-storage solution, Arculus, allowing users to safely and securely store and manage their digital assets on a state-of-the-art metal payment card. With the collaboration, NFC’s CAC can design and develop innovative solutions to improve different sectors responsible for the growth of the nation’s economy. Furthermore, the creation and exploitation of new concepts in engineering will make the country a global leader in research and education. About Monsoon Blockchain Corporation Monsoon Blockchain Corporation is focused on innovative cloud solutions in the blockchain ecosystem. Dr. Donald Basile, its CEO and founder, is the former CEO of Fusion IO, a company known for playing a major role in implementing the cloud systems at Apple and Facebook as well as partnerships with HP, IBM, and Dell. Recently, Monsoon Blockchain added advisory board members Ken Goldman, President of Hillspire (Eric Schmidt’s family office), and former CFO of Yahoo and Fortinet and Xiaoma Lu, former Dalian Wanda Investments CEO and former board member of the Shenzhen Stock Exchange to their team. For more information on Monsoon Blockchain Corporation, please visit https://monsoonblockchaincorporation.com For more information about Bitcoin Latinum, please visit https://bitcoinlatinum.com About National Science Foundation (NSF) Center for Cloud and Autonomic Computing The Cloud and Autonomic Computing Center is supported through the National Science Foundation (NSF) Industry-University Cooperative Research Centers (IUCRC) program. The main purpose of the program is to support and develop long-term partnerships among industry, academe, and government. The IUCRC Centers are catalyzed by an investment from the National Science Foundation and their growth and impact are primarily realized through partnerships from industry members including national laboratories and other federal agencies, with NSF taking the supporting role in the development and evolution of the Center. Each Center is established to conduct pre-competitive industry relevant R&D in unique expertise areas for increased industry engagement and support, new business development opportunities, and research capabilities of the Center faculty. Overall, the IUCRC program contributes to the nation’s research infrastructure base and enhances the intellectual capacity of the engineering and science workforce through the integration of research and education. As appropriate, an IUCRC uses international collaborations to advance these goals within the global context. For more information about National Science Foundation (NSF)’s CAC, please visit https://iucrc.nsf.gov/centers/cloud-and-autonomic-computing/ Media contact Company: Monsoon Blockchain Corporation Contact: Wei Ming, Director of Communications E-mail: wei.ming@monsoonblockchaincorporation.com Website: https://monsoonblockchaincorporation.com/ Address: 2100 Geng Road, Palo Alto, California 94303, USA Telephone: +1 800-528-0985 SOURCE: Monsoon Blockchain Corporation  The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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NEC Corporation, OCC Corporation and Sumitomo Electric Industries, Ltd. Complete First Trial of Submarine Cable with Multicore Fiber

TOKYO, Oct 4, 2021 - (JCN Newswire via SEAPRWire.com) - NEC Corporation (TSE: 6701), its subsidiary OCC Corporation and Sumitomo Electric Industries, Ltd. (TSE: 5802) announced today that they have completed the first trial of uncoupled(1) 4-core submarine fiber cable(2), and verified its transmission performance to meet the exacting demands of global telecommunications networks. Comparison of conventional and multicore fiber cablesImage of OCC SC500 LW cableInternational data usage is expected to expand by 30-40% CAGR from 2020-2026(3), driven by factors such as the growth of 5G mobile data, and the need to share ever more content between data centers distributed around the world. To meet this demand, submarine networks are adopting space division multiplexing (SDM) technology, where the number of independent spatial channels is increased to maximize total system capacity, reduce power consumption and optimize cost per bit. Multicore fiber is now expected to further increase the number of parallel optical fiber cores without increasing the submarine cable size and structure, enabling the second generation of submarine SDM systems.Multicore fiber submarine cable featuresConventional single mode fiber has a single core within an individual fiber. In contrast, each multicore fiber contains multiple cores (4 cores in this case). This represents a four-fold enlargement in the number of spatial channels for the same amount of optical fibers and with the same fiber structure: each fiber being 250micrometre diameter (0.25mm) after coating. The uncoupled 4-core fiber is being deployed within the OCC SC500 series LW (Lightweight) cable, which has a 17mm outer diameter and withstands 8,000 meter water depth. This cable can accommodate up to 32 fibers. With multicore fiber, the number of cores can be increased without increasing the cable diameter, with corresponding benefits in the cost per bit of the cable system.NEC and OCC have demonstrated that the cable's optical transmission performance in the water fully meets the exacting requirements of modern long-haul submarine cables. They further showed that the process of cabling Sumitomo Electric's multicore fiber has no effect on its optical characteristics, achieving excellent attenuation properties. This research was supported by the Ministry of Internal Affairs and Communications (MIC), Japan, under the initiative "Research and Development of Innovative Optical Network Technology for a Novel Social Infrastructure" (JPMI00316).(1) Uncoupled multicore fiberMulticore fiber cables can be broadly divided into uncoupled and coupled multicore fibers. In coupled multicore fibers, the optical signals propagating in the respective cores tend to interfere with each other, requiring special signal processing at the optical receiver. In contrast, uncoupled multicore fibers minimize the interference between the cores, allowing conventional (lower complexity) transmitters/receivers to be used.(2) Source: NEC Corporation, OCC Corporation and Sumitomo Electric Industries, Ltd. research(3) Source: TelegeographyAbout 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 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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