9 11 月, 2022

New XL750 Transalp and EM1 e: electric vehicle lead Honda’s full 23YM line-up reveal at EICMA

TOKYO, Nov 8, 2022 - (JCN Newswire via SEAPRWire.com) - Having already announced the return of the celebrated Hornet name to its line-up for 23 year model, today at EICMA in Milan, Honda unveiled its full European motorcycle range for the upcoming season.Highlights include the return of another Honda legend, a totally new urban naked machine, and the unveiling of Honda's first European EV two wheeler.XL750 TransalpHeadlining the unveiling is the return to the Honda line-up of the evocative Transalp name in the shape of the XL750 Transalp.Inheriting the spirit of its illustrious predecessor, the XL750 Transalp is designed to be at home anywhere - from the rush hour commute to an extended touring trip, from a dusty trail to an Alpine pass.This all-round ability is derived from Honda's brand new 755cc parallel twin engine that combines a substantial top end punch with mountains of torque in the low to mid rpm range plus engaging character and sound from its 270 degrees crank and new exhaust. Peak power of 67.5kW arrives at 9,500rpm, peak 75Nm torque at 7,250rpm.Electronic aids running via Throttle By Wire allow the rider to choose between 5 riding modes to select their preferred combination of Engine Power, Engine Braking and Honda Selectable Torque Control (HSTC) with integrated Wheelie Control.The new engine is housed in a lightweight steel diamond frame to offer light, nimble, confidence-inspiring handling in any situation. For supple on-road performance and off-road bump absorption the Transalp is equipped with Showa 43mm SFF-CATM USD forks and rear shock operating through Pro-Link. A 21in front wheel paired to a 18in rear delivers versatility both on or off-road.The Transalp's rich specification list is headlined by a 5-inch TFT colour display which vividly supplies all the crucial information and allows management of all systems. Connectivity is available for both Android and iOS devices via the Honda Smartphone Voice Control system. All lighting is LED; the indicators auto-cancel and also include Emergency Stop Signal technology to warn other road users of sudden braking.Styling for the Transalp has been led by Honda's Rome R&D centre, under the guiding principle of 'Friendly Toughness'. The long-legged stance makes a strong statement of adventurous intent, while the fairing and screen work together to deliver wind protection without bulk. The overall look is sleek, simple and clean.The Transalp will be available in three striking colours: Matt Iridium Gray Metallic, Matt Ballistic Black Metallic and a modern interpretation of the classic Ross White Tricolour.EM1 e:Due for release in summer 2023, the EM1 e: is the first Honda EV two wheeler for customers in Europe, and the first model to be unveiled following Honda's announcement of its plans to introduce 10 or more electric motorcycle models globally by 2025. It is a significant first step towards meeting Honda's stated aim of carbon neutrality for all its motorcycle line-up during the 2040s. The 'EM' stands for Electric Moped , and the model is aimed squarely at a young demographic, looking for easy, fun urban transport. It is compact, flat-floored, with a smoothed styling that marks out its difference and unique identity within the Honda range. Perfect for short hops around town and for making journeys to work or college efficient, quiet and emission-free, the EM1 e: syncs neatly with modern expectations for urban mobility.The EM1 e: is powered by the Honda Mobile Power Pack e:, which is built with a relentless focus on durability, reliability and quality. A single charge will offer a riding range of over 40km, and the Mobile Power Pack (MPP) is designed to withstand different temperatures, humidity levels, impacts and vibrations.. As its name suggest, the MPP is a swappable battery that can be easily removed from the EM1 e: for charging in the comfort of home. CL500Taking its inspiration from the Honda CLs of the 1960 and1970s, the funky CL500 combines retro charm with modern equipment and technology to create a totally new kind of modern urban naked in Honda's line-up. A strong statement for any young rider looking to stand out from the crowd, it is designed to fit neatly into an owner's lifestyle with the ability to handle the daily commute, a long weekend ride, or even some light off-road.The CL500 uses Honda's hugely popular and energetic A2-friendly 471cc parallel-twin cylinder engine, which produces 35kW of power and 43.3Nm of torque. Unique ECU settings and short final gearing deliver sharp and responsive acceleration from a standstill, all the way up through six-speed gearbox.The horizontal design line runs from the distinctive round headlight with four LED bulbs, back through the cleanly rounded tank to the upswept exhaust muffler with its classic drilled stainless steel heat shield. Details such as side tank pads, thickly padded seat with embossed Honda logo, small circular LED indicators, high handle bars and rubber fork gaiters come together to create a look that has a fresh kind of charm different to any other Honda machine.The tubular steel trellis-style frame is both a style statement and foundation of easy handling. Long-travel suspension comprises 41mm telescopic forks and adjustable rear shock while the wheels - 19-inch front and 17-inch rear - wear block-pattern tyres.The CL500 comes in four eye-catching colours - Candy Energy Orange, Matt Laurel Green Metallic, Candy Caribbean Blue Sea and Matt Gunpowder Black Metallic, and a range of genuine Honda accessories are available ready for personalisation to an owner's preference.CMX1100T RebelAs a 21st century bobber the CMX1100 Rebel has a dual personality, with a stripped-back style that speaks volumes with its minimalism. It's been designed for a leisurely laidback cruise, but also turns its hand to an exciting riding experience when a twisty road presents itself, thanks to the performance and character of a 1,084cc parallel twin-cylinder engine tuned for super-strong bottom and mid-range torque.For 23YM, the family is joined by a dedicated Touring version, the CMX1100T Rebel. The T stands for Touring, and the CMX1100T Rebel is designed to bring extra comfort and practicality for longer days on the open road. The comfort comes from the new bespoke front fairing and screen that offer greatly increased weather protection; the practicality is provided by the new set of top-hinged hard panniers that fit in perfectly with the overall look and offer a full 35 litres of carrying capacity. The CMX1100T Rebel will be available in a striking Gunpowder Black Metallic paint scheme.Forza 125 and Forza 350The Forza name has long been a powerful force in Honda's two-wheeled line-up, offering a premium mix of sporty and GT elements. Both the Forza 350 and Forza 125 boast an extensive standard equipment list including HSTC, electric screen adjustment, USB Type-C socket, underseat storage space for two full-face helmets, full LED lighting and Smart Key operation. The two smaller Forza's were joined in Honda's line-up by the premium luxury Forza 750 for 2020, and the compelling Forza recipe has attracted over 170,000 customers since the arrival of the Forza 125 in 2012.For 23YM, a brand-new front fairing give both the Forza 350 and 125 an even more elegant and refined identity - with styling cues taken directly from the range-topping Forza 750. Led by the new chiselled dual LED headlights, the new front end creates an impression of energeticsportiness and premium desirability. A redesigned instrument panel attractively mixes analogue and digital displays.A new Forza 125 Special Edition has also been added to the line-up. It features red detailing on the seat stitching, instrument panel surrounds and logos, set on a Matt Cynos Gray Metallic paint scheme. Blacked-out pillion footpegs, stainless-steel floor plates and red wheels complete the look.MSX125 GromHonda has already announced a host of new colours for 23YM that span its range from the SH125 to the GL1800 Gold Wing, touching several points in between, including the Neo Sports Cafe range of naked CBs, the X-ADV, CRF1100L Africa Twin and NT1100.The latest machine to benefit from a new look is the pocket-sized funster, the MSX125 Grom. It gains two new colours for 23YM: Splendid Blue and Matt Dim Gray Metallic, which features unique gold wheels and "Big Logo" graphics. With its retro-cool style, quick-detach body panels, LCD instrument panel, air-cooled engine and five-speed gearbox, the MSX125 Grom is set to continue its fresh and fun journey across Europe next year. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

8 11 月, 2022

New data extracted from old for materials databases

TSUKUBA, Japan, Nov 7, 2022 - (ACN Newswire via SEAPRWire.com) - A new approach uses data from one type of test on small metal alloy samples to extract enough information for building databases that can be used to predict the properties and potentials of new materials. The details were published in the journal Science and Technology of Advanced Materials: Methods.The scientists used computer simulations to build database of material properties.The Scientists found a way to use topography around indentation impression to predict other properties measured by a tensile or compression test.The test is called instrumented indentation. It involves driving an indenter tip into a material to probe some of its properties, such as hardness and elastic stiffness. Scientists have been using the data extracted from instrumented indentation to estimate the stress-strain curve of materials using computational simulations. This curve, and the data it provides, is important for understanding a material's properties. That data is also used for building massive materials databases, which can be used, in conjunction with artificial intelligence, for predicting new materials.A problem scientists face is that this approach for estimating material properties is limited when it comes to materials called 'high work-hardening alloys': metal alloys, like steel, that are strengthened through physical processes like rolling and forging. Only so much information can be estimated from the curve of these materials. To get the necessary additional information needed to determine their properties, more experiments would need to be done, which costs time, effort and money.Ta-Te Chen of the University of Tsukuba and Ikumu Watanabe of the National Institute for Materials Science in Japan have developed a new computational approach to extract that additional information from instrumented indentation tests on work-hardening alloys."Our approach builds on an already-existing model, making it ready for use in industry. It is also applicable to existing data, including hardness," says Watanabe.The approach involves combining the results from two computational models, the power-law and linear hardening models, which produce their own individual stress-plastic strain curves from information gathered from indentation tests. Combining the data from both curves provides the extra data that, when added to the original stress-strain curve, shows a more holistic picture of the work-hardening alloys' properties.The scientists validated their approach by using it on a high-work-hardening stainless steel.We have extended this approach to also evaluate mechanical properties at elevated temperatures, which can contribute to the development of high-temperature alloys," says Chen.Further informationIkumu WatanabeNational Institute for Materials ScienceEmail: WATANABE.Ikumu@nims.go.jpAbout Science and Technology of Advanced Materials: Methods (STAM Methods)STAM Methods is an open access sister journal of Science and Technology of Advanced Materials (STAM), and focuses on emergent methods and tools for improving and/or accelerating materials developments, such as methodology, apparatus, instrumentation, modeling, high-through put data collection, materials/process informatics, databases, and programming. https://www.tandfonline.com/STAM-MDr. Yasufumi NakamichiSTAM Methods Publishing DirectorEmail: NAKAMICHI.Yasufumi@nims.go.jpPress release distributed by Asia Research News for Science and Technology of Advanced Materials. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

26 10 月, 2022

Fujitsu embarks on digital collaboration with WBCSD for carbon neutral transportation

TOKYO, Oct 26, 2022 - (JCN Newswire via SEAPRWire.com) - Fujitsu today announced the start of a digital collaboration with the World Business Council for Sustainable Development (WBCSD) (1), Dutch consulting firm Arcadis (2) and British electricity company National Grid (3) leveraging Fujitsu's Fleet Optimization solution to contribute to the realization of carbon neutral transportation through Business-to-Business data sharing.Figure: Outline of this demonstrationWith the aim of promoting the decarbonization of transportation, the partners conducted trials with Fujitsu's Fleet Optimization solution to combine multiple data on electric vehicles with open data on carbon intensity (CO2 emissions per unit), which indicates the degree of greenness of electric power, to support the charging of EVs during periods with ample supply of green power such as wind and solar power. Trials conducted using data from grocery delivery EVs in the UK demonstrated that Fujitsu's Fleet Optimization solution enabled fleet operators (4) to reduce CO2 emissions from EV charging by 15%.Outline of the trialsEuropean commercial fleet operators are increasingly turning to EVs to achieve carbon neutrality in their operations. However, the reduction of CO2 emissions from EV charging represents an ongoing challenge that requires a comprehensive approach transcending the boundaries of the transportation and energy industries.To accurately visualize and evaluate data related to CO2 emissions from EV charging, Fujitsu in cooperation with WBCSD, Arcadis, and National Grid conducted trials leveraging Fujitsu's Fleet Optimization solution. The trials focused the use of data on the operation and charging of grocery delivery EVs in the UK operating at night and early in the morning, which was analyzed along with multiple other sources of data, including the amount of electricity transmitted and distributed in the region as well as open data on carbon intensity. The analysis of data from these EVs revealed that charging delivery vehicles during periods with an ample supply of green power (wind power, solar power, etc.) enabled fleet operators to reduce CO2 emissions from EV charging by 15%, offering a possible strategy to contribute to the realization of carbon neutrality in the energy and transportation industries.By providing actual data evidence on CO2 reductions, Fujitsu aims to promote understanding of the importance of data sharing and visualization among various companies around the world and to contribute to the solution of societal issues related to the balance of power supply and demand.Details of the trials will be presented during the breakout session of the "WBCSD Council Meeting Tokyo 2022" held during October 25 and 28, 2022. The WBCSD released the following press release today: bit.ly/3zhIGy0Social digital twin technology to reduce carbon emissionsFujitsu is promoting the research and development of Social Digital Twin (5) technology that aims to contribute to the formulation of measures to solve diverse and complex issues by digitally reproducing the interactions between people, goods, the economy and society based on an image of the actual state of society. Moving forward, Fujitsu will boost further initiatives to contribute to the common global goal of a carbon neutral society by digitizing information in the real world to conduct various social experiments and simulations at the city level.Fujitsu further plans to expand its business beyond fleet operators and logistics companies to transport service providers to contribute to an even more far-reaching reduction of CO2 emissions and to optimize the entire logistics and transportation service sector.(1) The World Business Council for Sustainable Development (WBCSD) :WBCSD is the premier global, CEO-led community of over 200 of the world's leading sustainable businesses working collectively to accelerate the system transformations needed for a net zero, nature positive, and more equitable future.(2) Arcadis:engineering and infrastructure consulting firm. Headquarters: Amsterdam, Netherlands; Chief Executive Officer and Chairman of the Executive Board: Peter Oosterveer(3) National Grid:energy company operating in the United Kingdom and the United States. Head Office: London; Chief Executive: John Pettigrew FEI FIET(4) Fleet operators:companies and organizations that provide services including transportation, automobiles, and air transportation.(5) Social Digital Twin:A Social Digital Twin digitally reproduces the relationships and connections between people, goods, the economy and society to offer a simulation, prediction and decision making environment in which to solve diverse and complex social issues.About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers in over 100 countries, our 124,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: Computing, Networks, AI, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$32 billion) for the fiscal year ended March 31, 2022 and remains the top digital services company in Japan by market share. Find out more: www.fujitsu.com. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

24 10 月, 202223 10 月, 2022

MALTA EXCITES, INSPIRES AND DELIGHT AT ITB ASIA

SINGAPORE, October 24, 2022 - (SEAPRWire) - Following its second participation at ITB Asia, Malta Tourism Authority looks forward to welcoming more visitors from the Asia Pacific region. Having met with buyers from across Asia over the three-day event, the enthusiasm and excitement received from the travel trade learning about the many tourism products and experiences in Malta will inspire a new wave of travellers from the region. From city dwellers looking for a coastal escape to movie buffs wanting to relive the cinematic experience of some of Hollywood blockbusters, the beautiful unspoilt coastlines of Malta have been the location for many iconic films such as Gladiator, Troy, World War Z and most recently Jurassic World 3: Dominion. With three UNESCO World Heritage listed sites, Malta’s deep history spans over 7,000 years with some of the oldest free-standing monuments in the world. No trip to Malta is complete without going on a journey through time, from prehistoric times to modern day. Sports enthusiasts will delight in a plethora of activities across the lush countryside, countless beaches, cliffs and clear blue waters. Malta is also the preferred destination for many sporting teams. Manchester United has chosen VisitMalta as its official destination partner as the island has the oldest standing supporters club in the world. Some of the highlight attractions to be featured at ITB Asia include the annual religious and cultural festivals in the Maltese events calendar. From feast days, religious holidays and cultural events, the festive commemorations are a time for celebration, food, drink and merriment which brings out the Mediterranean roots of the locals. Notable festivals include the Notte Bianca in October with around 50 different events happening during the same night. The Medieval Mdian Festival taking place in July takes visitors back to the medieval period and includes a number of pageants and re-enactments of battle scenes, traditions of the time and related events. “Asia is such a dynamic market where travellers are enthusiastic, adventurous and looking for new and exciting offerings. Malta definitely has so much to offer them.” Xiaolong Wu, Marketing Manager of Malta Tourism Authority For more information, visit www.visitmalta.com Strolling through the narrow cobble-stoned streets, exploring the classy beauty of Victoria, the largest city of GOZO island. Media contact MALTA TOURISM AUTHORITY Contact: Xiaolong (Monica) Wu Email: xiaolong.wu@visitmalta.com Tel: +356 2291 5257 Website: https://www.visitmalta.com/

18 10 月, 2022

AcuraBio Appoints Talented Senior Executives to Drive Global Growth Program

BRISBANE, AUS, Oct 18, 2022 - (ACN Newswire via SEAPRWire.com) - AcuraBio (formerly Luina Bio), a leading Australian biopharmaceutical CDMO, recently acquired by biotech investor Dr. Glenn Haifer and Ampersand Capital Partners, announced today new senior executive hires to support global growth plans. International biopharma executive Guillaume Herry has been appointed as CEO, while HR executive Joanne Reichardt has been appointed Head of People & Culture. AcuraBio CEO Guillaume HerryAcuraBio brings two decades of experience in innovative therapeutics for customers in the biotech, pharmaceutical, and animal health industries. The CDMO provides recombinant proteins, vaccines, and complex live biotherapeutic products to customers on the leading edge in emerging therapeutics.Dr. Haifer stated "These senior executive appointments are key to shaping the company as we move forward with our growth plans. AcuraBio will immediately benefit from Guillaume Herry's experience with companies in the US, Europe and Australia designing and implementing growth strategies. He brings over 15 years of international operational and strategic consulting experience across the biopharmaceutical and medical device industries."Mr. Herry said: "I'm excited to be part of this new phase of growth and to be working with Glenn and the Ampersand team. I look forward to leveraging the business' deep technical experience to grow the company and expand the service offering."Mr. Herry holds an MBA from the Australian Graduate School of Management at University of New South Wales Business School (Australia), a Master's Degree in Engineering for Health and Drugs (Biotechnology, Health and Management) from the University Joseph Fourier in Grenoble (France) and a Master's Degree in Entrepreneurship in Life Sciences & Technologies from the University Paris-Sud X (France).Regarding the appointment of Joanne Reichardt as Head of People & Culture, Dr. Haifer added "Ms. Reichardt's appointment reflects a significant step in supporting our growth mission as we aim to create a robust culture. Ms. Reichardt brings over 20 years of HR experience and proven leadership expertise in successfully delivering critical people and culture strategies to support changing and growing businesses."Ms. Reichardt holds a Bachelor of Business (Strategic HR & Marketing) from the University of Southern Queensland and is a CAHRI member of the Australian Human Resources Institute.Ms. Reichardt she was excited to be joining AcuraBio. "I look forward to working closely with the team to advance people processes and systems, with a focus on attracting and retaining the industry's top talent to strengthen AcuraBio's position as the most experienced biopharmaceutical CDMO. My goal is to enhance our people & culture offering, with a view to becoming industry Employer of Choice."About AcuraBioAcuraBio Pty Ltd is one of Australia's most experienced biopharmaceutical CDMOs, offering trusted, client-focused services to both domestic and international clients for the past 20 years. AcuraBio offers significant quality, cost, and IP assurances for biopharma companies around the world. World-class researchers and proven facilities, a streamlined regulatory framework, generous tax incentives, and government funding make Australia a prime location for biotech research. AcuraBio has the following operating licenses: TGA (Australian FDA equivalent) license for the manufacture of human therapeutic APIs from biological and synthetic sources, APVMA (veterinary equivalent of the TGA) license for manufacture of sterile immunobiological products, OGTR license to produce products from genetically modified organisms, and a DAF facility license for import and use of biologic materials. Additional information about AcuraBio is available at www.acurabio.com.About Ampersand Capital PartnersFounded in 1988, Ampersand is a middle market private equity firm with more than $3 billion of assets under management dedicated to growth-oriented investments in the healthcare sector. With offices in Boston and Amsterdam, Ampersand leverages its unique blend of private equity and operating experience in seeking to build value and drive strong long-term performance alongside its portfolio company management teams. Ampersand has helped build numerous market-leading companies across each of the firm's core healthcare sectors. Additional information about Ampersand is available at www.ampersandcapital.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

17 10 月, 2022

Launch of BYOND MOBILE is driving the Region’s 5G Industry to the Next Level

BANGKOK, Oct 17, 2022 - (ACN Newswire via SEAPRWire.com) - VNU Asia Pacific launched BYOND MOBILE from 28-29 September at Samyan Mitrtown Hall, Bangkok to set a platform for the networked economy of the future and its 5G product and solutions. The two-day conference and exhibition brought together business leaders from the Health, Manufacturing, Smart City and Future Mobility vertical with strategy experts from the Internet, Mobile Communications, and IT sectors.Today, mobile broadband networks cover 96% of the population of Asia Pacific, with 1.2 billion people accessing mobile internet services. 5G momentum continues to accelerate across the region with commercial 5G services now available across 14 markets. By 2025 there will be 400 million 5G connections across the region - just over 14% of the population. The mobile ecosystem continues to contribute strongly to the economy across Asia Pacific, generating 5% of GDP across the region, which is equivalent to $770 billion of economic value added. The mobile ecosystem also supports 8.8 million jobs both directly and indirectly.(1)"It was exciting to finally launch BYOND MOBILE after the Covid pandemic. The region's first dedicated platform for the roll out of 5G set to be the stage to connect key players within the 5G ecosystem from Southeast Asia. The atmosphere at the event was excellent as exhibitors and visitors were glad to participate at a live event again," says Isabelle Springfeld, Project Manager of BYOND MOBILE.Visitors and media were pleased with the extensive range of 5G products and solutions from the 36 exhibiting companies and associations as well as the great networking opportunities onsite. Spread over the two show days, BYOND MOBILE welcomed 1,100+ visitors from 14 countries. Likewise, the exhibitors were satisfied with the quality of visitors. The companies stated that it was great to meet their clients and prospects face-to-face again. "Now it's time to start thinking about where we can evolve with 5G, and this event has been really interesting. Many other 5G ecosystem players have come and brought their solutions in combination with the 5G capability - it is truly a BYOND MOBILE event," concludes Perry Poehlmann, Head of APJ CX Field Marketing, Nokia."This exhibition is like a glove that matches us as our company does a lot of integration and communication. We see that many of the products we built - IoT, Smart City - will be affected by 5G, that's why I think this event is the perfect fit for us," states Tanajak Watanakij, Vice President of Cybersecurity and Data Analytics, RV CONNEX.Accompanied by the exhibition the conference was conducted with 46 sessions in two-days. The Thought Leader Arena in the main hall presented 40+ thought leaders within keynote speeches, fireside chats and panel discussions. In the Deep Dive Hub in the adjoining breakout room visitors gain deep knowledge insights through master classes and product demonstrations from exhibiting companies and associations. The visitors appreciated the quality of both the speakers and their papers.Navachai Kiartkorkuaa, Head of Enterprise Marketing and SME Business, AIS and speaker of the Thought Leader Arena says: "This exhibition is really good. It encourages Thai Businesses or even Thai people to adopt 5G and bring more benefit of 5G to the society and to the digital economy in Thailand. I really believe that this type of event will help Thailand to promote our 5G infrastructure and make us gain more and more digital economy value from 5G."Wisarut Gunjarueg, Thailand 5G Ecosystem Innovation Centre Manager and speaker of the Deep Dive Hub concludes: "BYOND MOBILE is the event which unites technologies providers same as the vendors. We see all the partners among different industries such as banking, manufacturing, or logistic. It's a great opportunity for the ecosystem to have a discussion and find a way to collaborate to push the economic growth of the digital economy in Thailand."Until the new date in September 2023, the BYOND MOBILE team will create intensive contents and engaging activities in form of online webinars and physical meetup events for key stakeholders in Bangkok to discuss current industry news and stay connected. BYOND MOBILE is a global bridge to Southeast Asia. With International experts serving the 11-country nation group, industries can connect with suppliers across the world. It will provide insight and strategies for business leaders seeking to explore and evaluate the latest technology solutions and services that drive necessary innovation.(1) Source: GSMA IntelligencePress Contact:Marketing & Communications of VNU Asia PacificEmail: communications@vnuasiapacific.com Tel. +662 1116611 Ext. 330 or 335 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

17 10 月, 2022

The Next Vision Capital Announces an Investment from IDG Capital Blockchain

Hanoi, Vietnam, October 17, 2022 – (SEAPRWire) – Recently, the Next Vision Capital, a digital financial platform offering packages to SMEs, is proud to announce an Investment from IDG Capital Blockchain (IDGCB). IDG Capital Blockchain currently manages 40 million dollars and has been investing in over 30 companies under various sectors. Having found the potential of Next Vision Capital (NVC) in the blooming age of Blockchain related technology, IDGCB has made the decision to invest in NVC. Applying blockchain and AI technology to build a financial platform, NVC built a vision to drive the global fund flows to the developing economies, where businesses are thirsty. NVC offers flexible packages to help businesses overcome financial struggles and develop sustainably. Moreover, the team is researching and developing the NFT platform, which applies blockchain technology for SEA SMEs to call for global investment. NVC partners with local banks, using their process of lending out and debt return to check borrower credit before offering the loans. Furthermore, the company cooperates with local insurance firms to secure the bad debts. NVC is gaining trust on the stable business model and attracting investors from over the world. On 6th October 2022, NVC held the Next Vision Capital Investment Show at Suntec Convention & Exhibition Center, to connect with investors in Singapore. More than 100 SEA investors are excited to join and follow up with NVC’s vision. This event marked the first milestone of NVC in the global roadmap. The company has received a committed budget of 30 million USD from Investors to provide loan packages for regional SMEs through NVC lending platform in the next 18 months. NVC constantly endeavors to look for potential funds from global investors with the tempting interest rate. Social Links Facebook: https://www.facebook.com/profile.php?id=100086478185794 Media Contact Brand: The Next Vision Capital Contact: Media team Email: contact@thenvcgroup.com Website: http://thenvcgroup.com/ SOURCE: The Next Vision Capital The article is provided by a third-party content provider. SEAPRWire ( https://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 (Hong Kong: AsiaExcite, EastMud; AsiaEase; Singapore: SEAChronicle, VOASG; NetDace; Thailand: SEAsiabiz, AccessTH; Indonesia: SEATribune, DailyBerita; Philippines: SEATickers, PHNotes; Malaysia: SEANewswire, KULPR; Vietnam: SEANewsDesk, PostVN)

23 9 月, 2022

HKTDC launches GoGBA Day

HONG KONG, Sep 23, 2022 - (ACN Newswire via SEAPRWire.com) - The Hong Kong Trade Development Council (HKTDC) and the Guangdong-Hong Kong-Macao Greater Bay Area Development Office co-organised the inaugural GoGBA Day yesterday (22 September). This business support event aims to engage members of the international business community in Hong Kong that are currently underserved in terms of up-to-date business information on the Guangdong-Hong Kong-Macao Greater Bay Area (GBA). The physical part of the hybrid on-site/online event was held at the HKTDC SME Centre at the Hong Kong Convention and Exhibition Centre.The GoGBA Day was launched yesterday (22 September) at the HKTDC SME Centre. The event began with welcome remarks from HKTDC Executive Director Margaret Fong (fourth from left, front row), followed by speeches delivered by honourable speakers.GoGBA WeChat mini programme (QR Code)The half-day event featured a series of seminars offering practical business tips and updates on the latest developments in the GBA to prepare international enterprises to "go GBA" via Hong Kong. The event received an overwhelming response with more than 160 participants attending the seminars at the venue while 260 participants joined the online webinar. At the same time, 65 business advisory sessions and one-on-one consultation meetings were arranged for 47 companies at the venue to facilitate business partnerships and opportunities.The joint seminars welcomed officials from various authorities in the GBA, along with industry leaders and market experts from banking and other sectors, to share their insights and business know-how with international medium-sized enterprises and start-ups, helping them get equipped to set up business and succeed in the GBA via the Hong Kong platform. A wide range of topics was discussed, including the business landscape in the GBA and key incentives and subsidies for start-ups and businesses in the areas of tax, banking and investment.Welcoming participants to the event, HKTDC Executive Director Margaret Fong said: "The GBA plan attracts attention not only because the GBA has China's highest GDP at US$1.96 trillion, but it offers basically everything a business needs to grow, from the international financial hub of Hong Kong and the world-class manufacturing centres across Guangdong, to the advanced innovation and tech clusters across the region - not to mention a huge market of 86 million people and a stepping stone to the vast Mainland China market."Ms Fong continued: "We launched our GoGBA support programme last year to help businesses navigate the GBA through Hong Kong by offering information, advisory support and networking and marketing platforms. The GoGBA Day is a highlight of our programme, bringing together the Hong Kong family of organisations under one roof to introduce their GBA support programmes and services, enabling us to hold a GBA event specifically for the international business community for the first time. We hope to give them not only an overview of the latest GBA developments, but also offer practical information to help them make decisions and take action."Officials explain GBA business landscape, supporting initiatives and keys to successTommy Yuen, Commissioner for the Development of the Guangdong-Hong Kong-Macao Greater Bay Area, said: "The GBA is more than a key national development strategy under China's reform and opening up. It is also marked a further step towards enriching One Country, Two Systems and promoting coordinated economic development that can turn the region into a world-class area for living, working and travelling. New measures are continually being implemented, including steps to encourage the development of private equity and venture capital funds in Qianhai and improving land boundary crossing facilities to enhance talent mobility between Hong Kong and GBA cities. In the coming decade, the GBA is set to become the world's most vibrant and rapidly growing economic region."Jimmy Chiang, Associate Director-General of Investment Promotion (Business Development) of Invest Hong Kong, said: "President Xi Jinping has emphasised the importance of leveraging and strengthening Hong Kong's unique advantages as an international financial, shipping and trading centre, as well as its convenient links to international markets. The 14th Five-Year Plan also highlighted the country's support for Hong Kong in traditional industries as well as four emerging areas, including aviation, innovation and technology, intellectual property trading and international cultural exchange. These specific sectors will see more development opportunities in Hong Kong, and the GBA's growth will create many attractive opportunities for international companies."Kenneth Wong, General Manager, MICE & Cruise, Europe, Hong Kong Tourism Board, said: "The Hong Kong Tourism Board has developed a tourism recovery framework to aid in the recovery, reopening and rebranding of Hong Kong's tourism industry. We devised a number of publicity and promotion campaigns to maintain Hong Kong's visibility during the pandemic and to facilitate tourism as well as MICE recovery. This includes bringing back large-scale international events and establishing a dedicated team to provide MICE organisers with one-stop support. Hong Kong can connect international visitors to the GBA's tremendous business opportunities, generate attendance for organisers, facilitate professional visits and excursions to other GBA cities."Raymond Yip, Chief Liaison Officer of the Guangzhou Nansha Service Centre in Hong Kong, said: "The Central Government hopes that Nansha, with its strategic location at the heart of 10 GBA cities, will become a cooperation and collaboration hub for the GBA. Nansha has a broad and diverse industry base with advanced manufacturing, as well as a state-level science and technology forum. With no fewer than 20 policy measures for Hong Kong and Macao, including allowing people from Hong Kong, including foreigners, to pay Hong Kong taxes, Nansha is set to open up a larger hinterland for Hong Kong."Witman Hung, Principal Liaison Officer for the Hong Kong, Shenzhen Qianhai Authority, said: "Qianhai has always been a pilot zone to help China open up and deepen its reforms. Promoting and facilitating collaboration between Hong Kong and Shenzhen is high on our priority list. For example, we have incubated 335 Hong Kong start-ups and assisted the city's professionals such as lawyers, engineers and architects in entering the mainland market. Recently, the Qianhai Authority and the Hong Kong government announced 18 new measures aimed at encouraging venture capital and private equity to enter China via Qianhai and Hong Kong. Hong Kong-based companies will be able to use Qianhai as a shopfront to provide professional services to the rest of the GBA and Mainland China."Vivian Cheung, Executive Director, Airport Operations, Hong Kong International Airport, said: "We have been expanding the capacity and functionality of Hong Kong International Airport in preparation for the resumption of international travel and business. The SKYCITY development is at the heart of this, featuring a new 3.8 million sq ft complex, with recreational facilities and three new office towers. New hotels will also be built and we are revamping services to provide better travel and transit experiences for passengers. Furthermore, we are transforming AsiaWorld-Expo into a 20,000-seat arena, adding new passenger and cargo handling facilities and constructing new infrastructure to make it easier for Hong Kong to connect with the GBA."Background to the Guangdong-Hong Kong-Macao Greater Bay AreaThe Guangdong-Hong Kong-Macao Greater Bay Area (GBA) promotes Hong Kong's integration into Mainland China's national development by accelerating the socio-economic integration of Guangdong, Hong Kong and Macao. Hong Kong has been designated as an international financial, shipping, trade and aviation hub, a global offshore renminbi business hub and an international centre for asset management and risk management. As a value-added financial, trading, logistics and professional services centre, supporting technology and innovation, Hong Kong is also a centre for international legal and dispute resolution in Asia-Pacific.HKTDC's array of services support enterprises entering the GBAOver the years, the HKTDC has worked hard to facilitate cooperation between Guangdong and Hong Kong. To support companies in doing business in the GBA, the HKTDC shares useful official information on regulations, procedures and networks through its GoGBA website ( https://www.go-gba.com/en/ ) and WeChat mini-programme, the latter also offering tools such as public health updates, maps, transportation guides and a day counter for individual income tax purposes. As of mid-September 2022, more than 506,700 views of the HKTDC's GoGBA digital platforms had been recorded.On the ground, the HKTDC has established the HKTDC GBA Service Centre in Shenzhen to provide local and international enterprises from Hong Kong with consultation services, industry-related updates and business matching. The Service Centre has so far organised more than 70 activities, with about 3,000 Hong Kong enterprises using its services. Working together with mainland partners, the HKTDC has also set up GoGBA Business Support Centres in Qianhai (Shenzhen), Nansha (Guangzhou), Hengqin (Zhuhai), Dongguan and Zhongshan, with Foshan being added later this year, to provide Hong Kong enterprises with policy and market consultation services.In addition, the HKTDC's Transformation Sandbox (T-box) programme will extend its services from Hong Kong to Shenzhen and other cities in the GBA. Together with its Digital Academy and E-Tailing Academy, the HKTDC will provide advisory workshops related to e-commerce and digital business as well as marketing solutions and other digital platforms.The GBA presents enormous opportunities for businesses from Hong Kong and around the world and the HKTDC will continue to devote efforts to support local and international enterprises in the city, helping them seize business opportunities in the GBA and other mainland markets through its network of 13 offices in the mainland. It also plans to organise the Hong Kong-Guangdong Co-operation Week this year, including the annual SmartHK and Chic HK flagship events in Shenzhen and Guangzhou, along with a series of roadshows related to financial management, legal services, infrastructure development and real estate, as well as participating in key trade fairs in the mainland.GoGBA WeChat mini programme (QR Code)HKTDC SME CentreTel: +852 1830 668Fax: +852 3693 4938E-mail: smecentre@hktdc.orgAddress: Ground Level, Hong Kong Convention and Exhibition Centre, 1 Expo Drive, Wan Chai, Hong KongHKTDC GBA CentreTel: 0755-82280112Fax: 0755-82280114E-mail: shenzhen.office@hktdc.orgAddress: Unit 2405-06, Jindi Centre, Shennan Road 2007, Futian District, ShenzhenGoGBA Day Website: https://go-gba.com/en/gogbaday.html"Greater Bay Area, Great Future" promotional video (provided by the Guangdong-Hong Kong-Macao Greater Bay Area Development Office): https://www.bayarea.gov.hk/en/stories/videos.htmlMore about the Guangdong-Hong Kong-Macao Greater Bay Area https://hkmb.hktdc.com/en/guangdong-hongkong-macao-greater-bay-areaPhoto download: https://bit.ly/3UyJSpUAbout HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedInMedia enquiriesPlease contact the HKTDC's Communications & Public Affairs Department:Kate Chan, Tel: +852 2584 4239, Email: kate.hy.chan@hktdc.org Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

22 9 月, 2022

Starflex-VR Launches K-Pop 3D VR Platform “SFVR”

SEOUL, KOREA, Sept 22, 2022 - (ACN Newswire via SEAPRWire.com) - Starflex-VR Inc. has launched a K-pop 3D VR platform service for fans worldwide. The mobile app SFVR was first released on the VR platforms of Meta Quest and Steam VR and has recently been made available on Google's and Apple's stores as well.The SFVR platform features a variety of content from K-pop artists such as concerts, music videos, and behind-the-scenes videos produced in 3D VR so overseas fans can feel as if they're right there on the scene. The platform's main services are planned to be 4K 3D VR K-pop performance streaming, 8K 3D VR downloads, various interactive platform-based K-pop fan services, and more.Continuing on from the 2021 The Fact Music Awards (TMA), Starflex-VR will exclusively publish this year's 2022 The Fact Music Awards scene through VR.At the 2022 TMA, fans worldwide will have the chance to encounter a star-studded lineup featuring BTS, NCT Dream, PSY, The Boys, ITZY, Tomorrow X Together (TXT), IVE, Stray Kids, Hwang Chi-yeul, (G)I-DLE, Kep1er, New Jeans, and LE SSERAFIM, and more.2021's TMA VR performances are available for free on the SFVR app now, and the vividly realistic 2022 awards show, an in-person celebration for fans and artists meeting again after three years, will also be provided this upcoming October.Starflex-VR stated that "We are providing performances from famous K-pop artists for free to bring joy to Korean wave fans and VR users around the world who love K-pop. We will improve convenience and security so Korean wave fans worldwide can enjoy performances from K-pop artists in the form of more realistic 3D VR content in a way that suits rapidly changing mobile environments and platform user platforms and environments. We will become a K-pop platform providing maximum satisfaction to all users around the globe."Media ContactNaeun Kim, Starflex-VR Inc.Email: star@starflexvr.comWebsite: https://www.starflexvr.com/index_eng.phpSOURCE: Starflex-VR Inc. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

20 9 月, 2022

China’s smart EV maker Leapmotor officially offers its shares today

HONG KONG, Sep 20, 2022 - (ACN Newswire via SEAPRWire.com) - According to Bloomberg Terminal, China's smart EV maker Zhejiang Leapmotor Technology Co., Ltd. ("Leapmotor" or the "Company", stock code: 9863.HK) began to offer its shares today, with JPMorgan,CICC, Citigroup and CCB International as joint sponsors. It is expected to list in Hong Kong Stock Exchange on September 29.Leapmotor is a smart EV company based in China that strives to deliver the finest smart mobility experience to all consumers. Harnessing its proprietary technologies and capacity for innovation, the company designs and builds EVs by approaching them as electronics products characterized by smart features and rapid product iterations, amid the ongoing transformation of automobiles from a means of transport into intelligent mobile spaces.With full-suite of R&D capabilities and vertical integration, core technologies build the cornerstone of developmentTechnology R&D is not only the foundation of an enterprise, but also the key to maintaining its core competitiveness. In terms of independent R&D capability, Leapmotor is the only pure-play EV company and one of the few NEV companies with such a full-suite of R&D capabilities based in China that develops all key hardware and software across the core systems and electronic components. At present, Leapmotor achieved the designing and producing in-house all of the core systems and electronic components, including its intelligent power system, autonomous driving system. Except for battery cells and internal and external decoration that are outsourced, as well as chassis and automotive electronics that are self-developed and outsourced for production, other parts are self-developed and self-produced, which further highlighted the market competitiveness and influence. The professional R&D team is an important reason for Leapmotor to continuously expand its technical advantages. As disclosed in the prospectus, as of 30 June 2022, Leapmotor had 1,869 R&D employees, accounting for approximately 32.7% of the total number of employees. In the meanwhile, the achievements in R&D will further enhance the Company's ability to attract and retain high-quality technical talents, so as to realize a virtuous cycle of development and take a firm stand in the top group of new forces in vehicle manufacturing.Focusing on industries of high prosperity, the sales soars and opens up broad growth spaceIn 2021, China's new energy vehicle ("NEV") sales volume was 3.3 million units, making it the world's largest new energy vehicle market. It is expected that by 2026, China's new energy vehicle sales will reach 10.6 million units, exceeding that of ICE vehicles for the first time, and the compound annual growth rate from 2021 was 26.0%, accounting for 43.9% of the global new energy vehicle market. The penetration rate of NEVs in China's PV market is expected to surge from 22.4% in 2022 to 50.1% in 2026.In this context, Leapmotor ushered in a broad space for development, and the sales of smart EVs have achieved rapid growth. As disclosed in the prospectus, in 2020 Leapmotor delivered more than 8,000 smart EVs, a total of 43,748 vehicles in 2021, a 443.5% increase from 2020, making it the fastest-growing among the leading pure-play EV companies based in China in terms of delivery volume. For the six months ended 30 June 2022, the Company delivered a total of approximately 51,994 smart EVs, an increase of 265.3% from that period in 2021. The company delivered 64,038 smart EVs in the first seven months of 2022, representing an increase of 244.8% from that period of 2021.The increase in sales led to the rise in Leapmotor 's revenue. The data shows that from 2019 to 2021, the total revenue of Leapmotor amounted to approximately RMB117.0 million, RMB631.3 million and RMB3,132.1 million respectively. Its total revenue increased by 616.4% year on year to RMB1,992 million for the three months ended 31 March 2022. Its revenue increased by 479.4% year on year to RMB5,081.5 million for the six months ended 30 June 2022. Rising profitability will further consolidate and enhance its leading position, building up a solid, strong competitive barrier.With the popularity of the smart EV industry, Leapmotor has a full-suite of R&D capabilities and rapid expansion of product portfolio. This Hong Kong IPO is another milestone in its development and is expected to become the fourth new force EV maker to list in Hong Kong after XPeng, Li Auto and NIO. It is believed that more capital injection will raise its safety margin and add strong impetus to its subsequent development. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

20 9 月, 2022

JCB sponsors Singapore’s one of the largest countdown event

TOKYO & SINGAPORE, Sep 20, 2022 - (ACN Newswire via SEAPRWire.com) - JCB Co., Ltd. ("JCB"), Japan's only international payment brand, will sponsor STAR ISLAND SINGAPORE COUNTDOWN EDITION 2022-2023 Presented by JCB ("STAR ISLAND"), which will be held by Avex Asia Pte. Ltd. ("Avex Asia"), subsidiary wholly owned by Avex Entertainment Inc., from December 25 to December 31 2022.STAR ISLAND is a fireworks musical show from Japan that perfectly interfuses Japan's traditional fireworks with immersive audio experience, lights, and performance acts, all of which are performed in a spectacular location. It was held in conjunction with the Marina Bay Singapore Countdown in 2018, one of the largest countdown events in Asia, supported by the Singapore Government. This year's show is held for the first time in three years due to the COVID-19 Pandemic. For more information about STAR ISLAND: http://www.starisland.sg/In 2019, before the COVID-19 Pandemic, approximately more than 19.1 million visitors[1] annually traveled to Singapore from overseas, including approximately 880,000 annual travelers[2] from Japan, which hit a record high. However, the number of travelers to Singapore in 2021 significantly decreased to approximately 330,000 (of which, approximately 6,000 travelers from Japan) due to the COVID-19 outbreak.This event, STAR ISLAND, will be held with the aim of achieving the recovery of not only travel and tourism within Singapore but also inbound travel and tourism to Singapore from its neighboring countries such as Indonesia, Thailand, the Philippines and Vietnam where JCB Cards are issued, and from other countries such as Japan.JCB, which has been working to increase the number of JCB merchants in Singapore since 1991, decided to sponsor this event in order to encourage JCB Cardmembers, issuers and merchants in Singapore, a country who is the driving force in the overall ASEAN market, to become familiar with the JCB brand and understand its value, in addition to supporting travel to Singapore and its recovery.Event Outline- Date: Sunday, 25 December to Saturday, 31 December 2022- Place: Marina Bay area event venue, The Float at Marina Bay (Singapore)- Official website: http://www.starisland.sg/- Organizer: Avex Asia Pte. Ltd., Avex Entertainment Inc.- Sponsors: Urban Redevelopment Authority, Singapore Tourism BoardNote: The event outline and production details may be subject to change. Please check the official website for details. About Avex Asia Pte. Ltd.Avex Asia Pte. Ltd. organizes and holds live music events and anime-related events mainly in Asia as the Asian headquarters of Avex Group. Moreover, it also rolls out license businesses using not only IPs[3] held by Avex but also various IPs.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 39 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 140 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/[1] Singapore Tourism Board[2] Japan National Tourism Organization (JNTO)[3] IP stands for Intellectual Properties. In the field of entertainment, music, artists, television personalities, animes, video works, games, characters and others are referred to as IPs.ContactAyaka NakajimaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@jcb.co.jp Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

19 9 月, 2022

Pertamina-assisted MSMEs pull in crowds at Tong Tong Fair

JAKARTA, Sep 19, 2022 - (ACN Newswire via SEAPRWire.com) - Several products made by micro, small, and medium enterprises (MSMEs) assisted by state-owned oil and gas company PT Pertamina sold out at the recent Tong Tong Fair in The Hague, the Netherlands.Visitors check out handicraft products from Indonesia at the Tong Tong Fair, which was held in The Hague, Netherlands, from September 1–11, 2022. (ANTARA/HO-PT Pertamina (Persero))The fair was held from September 1-11, 2022, after a gap of two years due to the COVID-19 pandemic.Foods from Dapur Bunda Duri, De Harvest Jaya, and Bakul Jamu Euis, as well as fashion products of Cetak Godhong and Dela Tapis, Sasirangan, and handicrafts made by Joglo Ayu Tenan and Bahalap were among the products that proved a draw for visitors.Indonesian Ambassador to the Netherlands, Mayerfas, welcomed the participation of Indonesian SOEs, which brought a number of MSME products to the annual Tong Tong Fair."It needs to continue to be carried out to encourage MSMEs to go global and increase their competitiveness," he said, according to a statement released by Pertamina.He also lauded the effort made by the SOEs Ministry to open the Roemah BUMN pavilion to enable several SOE-assisted MSMEs from Indonesia to exhibit their products at the fair.Pertamina showcased 175 types of superior products from various cities of Indonesia at the fair, including Yogyakarta, Balikpapan, Dumai, Banjarmasin, Pontianak, Lampung, and Tomohon, Sulawesi.Products from the fashion, handicrafts, and food sectors were selected through a fairly long process after being curated based on product quality criteria that were in accordance with the needs of the global market."I am proud that the rubik balado product could pass the curation to the Netherlands, (it) can make the city of Duri Riau proud, which previously did not have regional specialties," said Diah Novi Wulandari, owner of Dapur Bunda Duri, an MSME assisted by Pertamina since 2020.Wulandari, who currently has more than 15 employees and more than 70 MSME partners in Duri, did not expect her products to be of interest to residents of The Hague and surrounding areas. However, her products sold out in less than a week.Besides rubik balado, Cetak Godhong's ecoprints also found a place in the hearts of visitors."What I never dreamed of was that my product could participate in the Tong Tong Fair in the Netherlands," said Endah Hariyani, owner of Cetak Godhong.Cetak Godhong makes environmentally friendly handmade products by printing fabrics using natural dyes and making motifs manually using leaves.The use of leaves from various types of plants as motifs and natural coloring lend the products an exclusive air since no product has the exact same design.Vice president of CSR & SMEPP at Pertamina, Fajriyah Usman, said showcasing MSME products at the Tong Tong Fair 2022 was a complete success."The fostered partners provided quality local products that had very high artistic and cultural value. We got a lot of visitors with a fairly significant number of sales. All visitors seemed to enjoy the product offerings and were enthusiastic about the lucky dip draw that we gave," she informed.Fajriyah said she hopes that the Tong Tong Fair would accommodate the hopes and aspirations of Pertamina-assisted MSMEs as well as encourage the entrepreneurs' spirit of independence and spur them to become strong and professional players.In collaboration with the trade attache at the Indonesian Embassy in the Netherlands, Pertamina-assisted MSMEs' products are currently on display at the House of Indonesia, a one-stop shopping showcase that provides everything from products to information for prospective European business players."This promises a great opportunity for MSEs to expand their overseas marketing reach," Fajriyah added.The involvement of MSMEs in the Tong Tong Fair was a form of the SOEs' support for achieving the Environmental, Social, and Governance (ESG) targets and Sustainable Development Goals (SDGs), particularly Point 8, namely decent work and economic growth, which is being realized through funding and coaching programs for SMEs.This is part of the social and environmental responsibility push for realizing economic benefits for the community and driving the national economy.Through MSME programs and the spirit of "Energizing Your Future," Pertamina is striving to continue to encourage all MSME partners to level up and go global.Contact: Fajriyah Usman, VP Corporate Communications, PT Pertamina (Persero)M: +62 858 8330 8686, Email: fajriyah.usman@pertamina.com, URL: https://www.pertamina.comWritten by: Yashinta Difa Pramudyani, Editor: Sri Haryati (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

19 9 月, 2022

Filing of Society Pass (Nasdaq: SOPA) Form 8-K/A in Connection of Acquisitions of AdActive Media CA, Inc and Thoughtful Thailand Ltd; Acquired Subsidiaries Recognised 2021 Revenues of US$5.6 million

SINGAPORE, Sep 19, 2022 - (ACN Newswire via SEAPRWire.com) - Society Pass Incorporated (Nasdaq: SOPA) ("SoPa" or the "Company"), Southeast Asia's ("SEA") leading data-driven loyalty and e-commerce ecosystem, today announces the filing of Form 8-K/A with the Securities and Exchange Commission ("SEC") in connection of acquisitions of AdActive Media CA, Inc (the "CA Sub") and Thoughtful Thailand Ltd (the "Thailand Sub"), (the Thailand Sub and the CA Sub comprise the "Acquired Subsidiaries").Click Here (on SEC website) to view the Form 8-K/A filing.https://www.sec.gov/ix?doc=/Archives/edgar/data/0001817511/000160706222000581/sopa091222form8ka.htm Summary Points:- On 07 July 2022, SoPa, through its wholly-owned subsidiary, Thoughtful Media Group Incorporated ("Thoughtful Media" or "TMG"), a Nevada corporation, a Thailand-based, a social commerce-focused, premium digital video Multi-Platform Network ("MPN")/social media influencer advertising platform, acquired from AdActive Media Group, Inc., a Delaware corporation, (i) all of the outstanding capital stock of the CA Sub, and (ii) 99.75% of all of the outstanding capital stock of the Thailand Sub.- Integrating the Acquired Subsidiaries onto its platform, TMG is a social commerce-focused, premium digital video MPN/social media influencer advertising platform headquartered in Thailand with an operating presence in the US, Vietnam, and Philippines. TMG expects to expand to Indonesia and Singapore in 4Q 2022.- The combined 1Q 2022 revenues and loss from operations from the Acquired Subsidiaries totaled $1,312,986 and $84,582, respectively.- The combined 1Q 2021 revenues and loss from operations from the Acquired Subsidiaries totaled $1,265,053 and $114,032, respectively.- The combined 2021 revenues and loss from operations from the Acquired Subsidiaries totaled $5,655,795 and $1,173,022, respectively.- The combined 2020 revenues and loss from operations from the Acquired Subsidiaries totaled $5,928,800 and $899,933, respectively.About Society Pass IncFounded in 2018 as a digitally-focused loyalty and data marketing ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, SoPa is an acquisition-focused e-commerce holding company operating 6 interconnected verticals (loyalty, digital media, travel, telecoms, lifestyle, and F&B), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021. SOPA shares were added to the Russell 2000 index in December 2021.SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa's data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.3 million registered consumers and over 205,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Thoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network; NusaTrip, a leading Indonesia-based Online Travel Agency; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading online restaurant delivery service based in Vietnam; and Mangan, a leading local restaurant delivery service in Philippines. For more information, please check out: http://thesocietypass.com/.Cautionary Note Concerning Forward-Looking StatementsThis press release may include "forward-looking statements," within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as "anticipate", "believe", "estimate", "expect", "intend" and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company's management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company's filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus relating to the Company's initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Media Contacts:PRecious Communicationssopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

6 9 月, 2022

Blackbixon Cafe Officially Debuts in Downtown KL

KUALA LUMPUR, Sep 6, 2022 - (ACN Newswire via SEAPRWire.com) - BlackBixon2Go Sdn. Bhd. (BB2GO), a subsidiary of Ni Hsin Group Berhad, is delighted to announce the official launch of the first BlackBixon Cafe & Restaurant today in a tastefully designed 3-storey bungalow house with a roof top garden.Mr. Khoo Chee Kong, Managing Director of BlackBixon2Go Sdn. Bhd.; Yang Berhormat Senator Dato' Sri Ti Lian Ker, Deputy Minister of Youth & Sports, Malaysia; Chermaine Poo, Independent Non-Executive Director of Ni Shin Group Berhad.; Dato' Minarwan Bin Datuk Haji Nawawi, Hockey Icon; Amarjeet Singh, General Manager of Marketing of BlackBixon2Go Sdn. Bhd. [L-R]The tastefully furnished cafe and restaurant with BlackBixon-themed wall graffiti and art pieces, is located along a tree-lined street on Jalan Inai, off Jalan Tun Razak, filled with old bungalows interspersed with offices. The Cafe has a total area of 5,993 sq. ft. occupying two floors and can accommodate up to 200 pax while the roof top garden opens up to a spectacular view of the Kuala Lumpur skyline.The Cafe caters to families as well as office workers looking for nourishing and tasty Western classics such as freshly prepared breads and pastries to a wide selection of hearty and delicious breakfast, lunch and dinner favourites accompanied by specialty coffees and must-try BlackBixon signature drinks. BlackBixon specialty coffees are brewed from premium arabica beans specially selected from the best plantations in Rwanda and Brazil.The official launch was attended by Yang Berhormat Senator Dato' Sri Ti Lian Ker, Deputy Minister of Youth & Sports, Malaysia.Mr. Khoo Chee Kong, Managing Director of BB2GO, said, "Following years of planning, the BlackBixon Cafe & Restaurant is a culmination of a dream that started with the distribution of healthy coffee beverages - energy, nutritional and original variants - under our concept of cafe@home @office @anywhere bringing to our customers the convenience of enjoying a cup of healthy coffee anywhere and everywhere. Not satisfied with providing the convenience to our customers to brew their own coffee, we took a further step to serve them fresh hot coffee at convenient locations around town. That's where our BB2GO barista bikers shine, serving coffee from our BB Coffee Bikes, which are electric bikes (EV Bikes) whose battery power is also used to operate the coffee machines. This makes our EV Bikes a totally self-sufficient mobile coffee bar that is green and environmentally sustainable.""The specialty dishes and signature drinks are created by our own chefs and baristas. Among the dishes are Charcoal Bun Beef Burger, Lamb Schnitzel, Chili Soft Shell Crab Pasta and Black Truffle Squid Ink Carbonara, while specialty drinks include Charcoal Latte and the Monochrome. We will have more savoury dishes and drinks to come as we set up other outlets in the Klang Valley and across the country.""We also take this opportunity to introduce our BlackBixon Sporting Hall of Fame where we honour the sports icons of Malaysia for their outstanding achievements and contributions to our country. In conjunction with the Grand Opening of our BlackBixon Cafe & Restaurant we are also inducting some of our great sporting icons into our BlackBixon Sporting Hall of Fame. They are Datuk Santokh Singh, Dato' Minarwan Bin Datuk Haji Nawawi, Karamjit Singh, M. Kumaresan, Muhammad Roslin Hashim and Muhammad Hafiz Hashim.""To qualify as a member of the BlackBixon Hall of Fame, nominees must have been selected to represent Malaysia as an Olympian, World Champion, retired from active sports and have contributed to the development of the sports at a senior level within a sport recognised by the Youth & Sports Ministry."Opening hours for BlackBixon Cafe & Restaurant are from 08.00 a.m. to 10.00 p.m., 7 days a week. BlackBixon Cafe & Restaurant serves only halal meats.Ni Hsin Group Berhad: NIHSIN [Bursa: 7215] [RIC: NHSN:KL] [BB: NHR:MK], http://www.ni-hsin.com/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

6 9 月, 2022

Eisai Presents New Data From its Oncology Portfolio and Pipeline at ESMO Congress 2022

TOKYO, Sep 6, 2022 - (JCN Newswire via SEAPRWire.com) - Eisai Co., Ltd. announced today the presentation of research across various types of cancer from its oncology portfolio and pipeline during the European Society for Medical Oncology (ESMO) Congress 2022, which is taking place virtually and in-person in Paris, France from September 9 to 13. A late-breaking oral presentation of detailed results from the LEAP (LEnvatinib And Pembrolizumab) clinical program including the final analysis of the Phase 3 LEAP-002 trial will be featured in a Proffered Paper session (NCT03713593; Presentation: #LBA34). The study evaluated the combination of lenvatinib plus anti-PD-1 antibody pembrolizumab from Merck & Co., Inc., Rahway, NJ, USA versus lenvatinib monotherapy as a first-line treatment for patients with unresectable hepatocellular carcinoma. Additionally, two mini-oral presentations will feature updated efficacy and safety data from the pivotal Phase 3 CLEAR (Study 307)/KEYNOTE-581 trial evaluating the combination in patients with advanced renal cell carcinoma (NCT02811861; Presentation: #1449MO) and Phase 3 Study 309/KEYNOTE-775 trial evaluating the combination in patients with advanced endometrial carcinoma (NCT03517449; Presentation: #525MO). In addition, a new post-hoc analysis of three pivotal Phase 3 studies (Study 301/NCT00337103, Study 304/NCT02225470 and the EMBRACE trial/Study 305/NCT00388726) evaluating the efficacy of eribulin (HALAVEN) versus other chemotherapies (capecitabine, vinorelbine and Treatment of Physician's Choice [TPC], respectively) in patients living with metastatic breast cancer whose tumors have low or no HER2-expression will be presented during a poster session (Presentation: #259P). "We look forward to presenting data at ESMO, showcasing Eisai's latest research on both lenvatinib and eribulin, with the goal of continuing to help people living with various types of cancer," said Dr. Takashi Owa, Chief Scientific Officer, Deep Human Biology Learning, Senior Vice President, Eisai Co., Ltd. "Presentations on the LEAP clinical program as well as new analyses for eribulin reinforce our commitment to the ongoing research of our portfolio in an effort to better serve patients and healthcare providers." In March 2018, Eisai and Merck & Co., Inc., Rahway, NJ, USA (known as MSD outside the United States and Canada), through an affiliate, entered into a strategic collaboration for the worldwide co-development and co-commercialization of lenvatinib, both as monotherapy and in combination with pembrolizumab. To date, more than 15 trials have been initiated under the LEAP clinical program, which is evaluating the combination across multiple tumor types. This release discusses investigational compounds and investigational uses for FDA-approved products. It is not intended to convey conclusions about efficacy and safety. There is no guarantee that any investigational compounds or investigational uses of FDA-approved products will successfully complete clinical development or gain FDA approval.For more information, visit www.eisai.com/news/2022/news202265.html. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)

5 9 月, 2022

DECOMAN from Hong Kong Utilizes Technologies to Go Global, Two More Markets in the APAC Region this year

SEOUL, SOUTH KOREA, Sep 5, 2022 - (ACN Newswire via SEAPRWire.com) - HK DECOMAN Technology Limited ("DECOMAN") is now expanding its footprint in Korea to capture the opportunities of growing demand for its services. With the Taiwan expansion begun in January, this is the second APAC market DECOMAN entered in 2022.Coworking space at the KSGC campusCoworking office shared between talented entrepreneurs and promising startups selected by KSGCPen Ventures and DECOMAN in KoreaRecognized by Korean Government's Accelerator ProgramOut of 2,653 companies applying from 122 countries, DECOMAN is among the top 54 startups this year selected by K-Startup Grand Challenge ("KSGC"), a global startup accelerator program organized and financed by the Korean government, to enhance the local entrepreneurship ecosystem. As a KSGC participant, DECOMAN team has been utilizing the facilities and coworking spaces at the KSGC campus in Pangyo Techno Valley - a technology hub near Seoul, to build its K-network and foundation.Support from International VC FirmIn addition to the guidance and opportunities that DECOMAN can gain from KSGC, California venture capital firm Pen Ventures also sails along the journey (read coverage here https://www.fnnews.com/news/202208160811387147 ) with DECOMAN by being its mentor and sharing its extensive network. In the coming months, DECOMAN will make solid progress in respect of its planned road map.Proven Success in Taiwan ExpansionEarlier this year, DECOMAN has already entered Taiwan and debuted on the stage of SparkLabs Taipei DemoDay 6 (read coverage here https://meet-global.bnext.com.tw/articles/view/47581 ), kicking off its operation there and bringing innovation to the renovation market.Expand despite the PandemicIn 2021, DECOMAN received investments from international startup accelerator SparkLabs Taipei, and was invited to participate in SparkLabs Taipei DemoDay 6 in January 2022. DECOMAN has since been in discussion with several local investors to prepare for the next stages. As of now, the renovation-design matching service and "Deco Academy" courses have already been introduced to the locals. Notwithstanding the impacts of the pandemic, DECOMAN has made a strong foundation in Taiwan by recruiting Taiwanese staff to enable rapid executions adaptable to local lifestyles as well as concrete social media presence for content sharing.About DECOMANDECOMAN is a fast-growing one-stop O2O renovation platform, aiming to disrupt the traditional renovation industry by bringing standardization, transparency, convenience and automation to the industry. DECOMAN does it all. With DECOMAN, homeowners no longer need to rely on risky and primitive ways to ascertain a company's credibility and quality of service, nor do they need to worry about mastering a wide range of knowledge for a one-time project. DECOMAN has been backed by large players in the property industry and is currently valued at US$27M. (Visit our websites to know more - Hong Kong https://hkdecoman.com/; Singapore https://www.sgdecoman.com/; Taiwan https://twdecoman.com/; Macau https://modecoman.com/; Korea https://krdecoman.com/ko/)For media enquiries, please contactPinky Hui at pinky_hui@hkdecoman.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

30 8 月, 2022

Nissin Foods Announces 2022 Interim Results

HONG KONG, Aug 30, 2022 - (ACN Newswire via SEAPRWire.com) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) has today announced its interim results for the six months ended 30 June 2022 ("the reporting period"). Highlights-- Revenue from the Hong Kong operations increased solidly by 11.4% year-on-year to HK$759.9 million, mainly attributable to the strong demand for instant noodles and frozen food products driven by the hoarding behaviour of consumers. Revenue from Mainland China operations increased by 8.7% to HK$1,273.2 million, thanks to the growth in sales volume of cup-type instant noodles. -- In the face of rising production costs and raw material prices, Nissin Foods will implement the second phase of its price adjustment strategy in Hong Kong, for the products that were not included in the first phase implemented in April 2022. Their ex-factory price will be adjusted upward by a high single-digit percentage on average, starting from September 2022. -- "Nissin Foodium", Nissin's inaugural membership programme for Hong Kong and Mainland China has been launched respectively in July and August 2022. The "Nissin Foodium" in the WeChat Mini Program offers the members a series of exclusive benefits, exciting rewards and interactive games. The Group's revenue increased by 9.7% year-on-year ("YoY") to HK2,033.1 million (2021: HK$1,853.8 million). The Group's EBITDA grew by 8.4% YoY to HK$305.1 million (2021: HK$281.3 million), representing an EBITDA margin of 15.0% (2021: 15.2%). Profit attributable to owners of the Company amounted to HK$164.9 million (2021: HK$170.9 million). The Group's basic earnings per share was 15.80 HK cents (2021: 15.94 HK cents). Hong Kong OperationsRevenue from the Hong Kong operations increased solidly by 11.4% YoY to HK$759.9 million (2021: HK$682.2 million), mainly attributable to the strong demand for instant noodles and frozen food products driven by the hoarding behaviour of consumers. Segment results amounted to HK$50.0 million (2021:HK$52.6 million), owing to the higher-than-usual production and logistics costs that occurred during the fifth wave of the pandemic. Revenue from the Hong Kong operations accounted for 37.4% (2021: 36.8%) of the Group's revenue. The improvement in the performance of both cup-type and bag-type instant noodles was obvious, as consumers were more inclined to stay at home. To further complement its instant noodles portfolio, the Group launched various new flavours under the "Roah", Nissin "U.F.O." and "Fuku" brands. Frozen food products also demonstrated a strong demand due to the resurgence of the pandemic in Hong Kong. For the "KAGOME" business, plant-based soy and oat milks were launched to promote nutritious and healthy choices to health-conscious consumers. The Group replicated the success of granola in Greater China in new markets in Southeast Asia. The sales volume grew considerably in Singapore and Thailand during the first half of the year. The fresh-cut vegetable business has seen growing demand, and the distribution channels have further expanded from supermarkets to restaurants. Mainland China OperationsRevenue from the Mainland China operations increased by 8.7% (in local currency: 8.4%) to HK$1,273.2 million (2021: HK$1,171.6 million) thanks to the growth in sales volume of cup-type instant noodles as consumers continued to favour higher-quality products, offset by a drop in the distribution business. Segment results increased favourably by 14.1% to HK$165.9 million (2021: HK$145.4 million), mainly attributable to the sound performance of organic revenue growth, coupled with the price adjustment implemented during the period. Revenue from the Mainland China operations accounted for 62.6% (2021: 63.2%) of the Group's revenue. As with "Cup Noodles" in Hong Kong, the Company has been upgrading the product in Mainland China to feature smoother noodle texture and a thicker soup base since May 2021. A positive response was received from customers, with the sales volume continuously expanding during the period under review. Also, the Company continued its geographical business expansion strategy in Mainland China and explored certain new markets in the Western and Northern regions of China. Leveraging its diversified product portfolio, it seized the opportunity to promote other product categories such as frozen pasta and ramen during the lockdown in Shanghai due to resurgence of COVID-19, and the sales volume of these products was considerably broadened as a result. ProspectsThe Group is cautiously optimistic about the long-term business development in the regions in which it operates and will continue to explore ways to better alleviate the cost pressure amid this competitive landscape. While the high prices of key raw materials such as wheat flour and palm oil are starting to decline, there remains a veil of uncertainty over the future outlook of the business environment considering the rising risk of worldwide stagflation. In Hong Kong, the cost pressure has not yet been fully released. In the face of rising production costs and raw material prices, the Group will implement the second phase of its price adjustment strategy for the products that were not included in the first phase implemented in April 2022, with an average increase of a high single-digit percentage to the ex-factory price, starting from September 2022.Furthermore, a new membership programme designed to strengthen the connection with consumers and bring them enjoyment has been launched in both Hong Kong and Mainland China in July and August 2022, respectively. The "Nissin Foodium" in the WeChat Mini Program offers members a series of exclusive benefits, exciting rewards and interactive games. To enjoy additional benefits and surprises, consumers are encouraged to scan the unique QR code on the products by using the mini program and complete various tasks to earn points. It aims to enhance the Group's customer retention rate, boost product sales and better understand consumer preferences. Building on a solid foundation, well-diversified product portfolio and the premiumisation strategy pursued, the Company is well-positioned to deliver continuous revenue and earnings growth, as well as expand business territories with increasing brand recognition in Hong Kong and Mainland China for the years ahead. Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "Despite the challenging conditions arising from increasing raw material prices, the Group has achieved solid revenue growth in both Hong Kong and Mainland China for the first half of this year. Thanks to the continuous support from customers in both Hong Kong and Mainland China, our products are able to sustain the growth momentum. We are dedicated to pursuing a premiumisation strategy and providing good quality food to bring contentment and an enjoyable experience to our valuable consumers. 'Nissin Foodium' is our first membership programme and part of our efforts to enhance consumer experience and strengthen our connection with them. Leveraging our research and production capabilities, as well as our management and marketing expertise, we will continue to invest in our products, people and production, so as to strengthen our overall competitiveness and ensure sustainable growth." About Nissin Foods Company LimitedNissin Foods Company Limited (The "Group"; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China with a diversified portfolio of well-known and highly popular brands and the largest instant noodle company in Hong Kong. The Group officially established its presence in Hong Kong in 1984. The Group primarily manufactures and sells instant noodles, frozen foods and other food products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium food brands. The Group's five flagship product brands, namely "Cup Noodles", "Demae Iccho", "Doll Instant Noodle", "Doll Dim Sum" and "Fuku" are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the "ECO Cup" concept and primarily focuses its sales efforts in first-and second-tier cities. Nissin Foods is a constituent of eight Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Consumer Goods & Services Index, Hang Seng Stock Connect Hong Kong Index, Hang Seng Stock Connect Hong Kong MidCap & SmallCap Index, Hang Seng Stock Connect Hong Kong SmallCap Index, Hang Seng SCHK Mainland China Companies Index, Hang Seng SCHK ex-AH Companies Index, and Hang Seng Small Cap (Investable) Index. For more information, please visit www.nissingroup.com.hk. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

26 8 月, 2022

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)

23 8 月, 2022

Maxim: Society Pass (Nasdaq: SOPA) Raise Estimates on Expected Contributions from M&A, Positive on the South East Asia E-commerce Market

SINGAPORE, Aug 23, 2022 - (ACN Newswire via SEAPRWire.com) - Maxim Group LLC ("Maxim") issues Equity Research Report on Society Pass Inc. (Nasdaq: SOPA) ("SoPa").Click Here (on Society Pass website) to view the full Maxim Equity Research Report. https://tinyurl.com/Maxim-SOPASummary Points:- SOPA is in the early stages of building an online South East Asian company. Luxury store, Leflair, was the primary revenue contributor for 2Q22. Other businesses are food and beverage online support, online delivery companies Handycart and Pushkart (bought during 1Q22), and Mangan.ph (2Q22), as well as Gorilla Networks, a telecom MVNO (early June '22). SOPA is also starting a loyalty points offering. Maxim believes there should be significant cross-selling opportunities and organic growth in the future. Specifically, Maxim believes Thoughtful Media can market the Company's other brands and the food delivery and luxury brand businesses can be expanded geographically. Maxim has a positive view on the SEA market given faster-than-expected growth rates, increasing mobile and ecommerce penetration, younger populations, travel opening back up, and the opportunity to consolidate smaller companies.- 2Q22 revenue of $445K increased significantly from $8K in the prior year quarter, but was below our estimate of $670K. Results were held back as most of its businesses were very early stage. Almost all the quarter's revenue came from the online ordering segment, which currently consists of the company's online luxury store, Leflair. The cost of online marketing limited the amount put to use. Hardware and Software segments are currently not being prioritized. 3Q22 adjusted EBITDA loss of ($4.4M) was wider than our estimate of ($3.3M) and a loss of ($0.1M) in the prior year quarter. The variance vs. our estimate is primarily due to 1-time costs related to capital raises, M&A, higher growth investments, and public company-related costs.- Healthy cash. SOPA ended June 2022 with $28M in cash and no debt. Cash included the $25M, net from November 2021 IPO and $10.7M, net from a February 2022 capital raise. Maxim projects current cash levels to be sufficient to fund organic growth over the next two years.- Maxim raises revenue projections and expect significant growth for the next two years. Maxim expects growth from spending on marketing, expansions, and launch of Loyalty Points in mid-2022 and factoring in contributions from all announced acquisitions.- Maxim projects revenue to increase from $0.5M in 2021, to $12.9M in 2022 (unchanged), and $54M in 2023 ($38.2M prior). The increase is due to the significant expected contribution from acquisitions and organic growth. Maxim projects 2022 adjusted EBITDA loss to widen to ($13.9M) (($12.7M prior), from a loss of ($4.9M) in 2021. The higher loss is due to one time costs related to acquisitions and higher public company expenses. For 2023, Maxim projects the adjusted EBITDA loss narrows to ($2.2M) from ($4.7M) prior.- Compelling valuation - Maxim believes SOPA is undervalued and trades at a discount to its peer group. SOPA trades at an EV/revenue multiple of 0.4x our 2023 revenues compared to a peer group EV/revenue multiple of 2.3x our 2023 revenues. Maxim's positive outlook is supported by the attractive SE Asian markets and opportunities to consolidate smaller companies. Management has announced plans to spin off Leflair Group and to have it listed on the Nasdaq by the end of 2022.About Society Pass IncAs a digitally-focused loyalty and data marketing ecosystem in Vietnam, Indonesia, Philippines, Singapore and Thailand and with offices located in Angeles, Bangkok, Hanoi, Ho Chi Minh City, Jakarta, Manila, and Singapore, SoPa is an acquisition-focused e-commerce holding company operating 6 interconnected verticals (loyalty, lifestyle, F&B, telecoms, digital media, and travel), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.SoPa's business model focuses on analysing user data through its Society Pass loyalty platform and circulation of its universal loyalty points or Society Points. The Society Pass loyalty platform drives customer acquisition and increases customer retention for merchants. Since its inception, SoPa has amassed over 3.3 million registered consumers and over 205,000 registered merchants/brands onto its platform. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.SoPa leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operates Leflair.com, Vietnam's leading lifestyle e-commerce platform; Pushkart.ph, a popular grocery delivery company in Philippines; Handycart.vn, a leading Vietnam-based restaurant delivery service; Mangan, a leading local restaurant delivery service in Philippines; Gorilla Networks, a Singapore-based, web3-enabled mobile blockchain network operator; Thoughtful Media Group, a Bangkok-based, a social commerce-focused, premium digital video multi-platform network, and NusaTrip, a leading Jakarta-based online travel agency in Indonesia and across SEA. For more information, please check out: http://thesocietypass.com/.Media Contacts:PRecious Communicationssopa@preciouscomms.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

23 8 月, 2022

Sino Biopharmaceutical (1177.HK) Announces 2022 lnterim Results, Revenue up by 5.9% to RMB15.19 billion

HONG KONG, Aug 23, 2022 - (ACN Newswire via SEAPRWire.com) - Sino Biopharmaceutical Limited ("Sino Biopharmaceutical" or the "Company", together with its subsidiaries, the "Group") (HKEX:1177), a leading innovation-driven pharmaceutical conglomerate in the PRC, has announced its unaudited Interim results for the six months ended 30 June 2022 (the "Period").Development Highlights-- The Group achieved considerable sales growth from a number of new products and oncology products, with sales of new products launched within five years accounted for approximately 43.5% of the Group's total revenue in the first half of 2022, up from approximately 36.9% for the same period last year.-- As of 30 June 2022, the Group had a total of 40 innovative drug candidates in the oncology field, 8 innovative drug candidates in the field of liver disease, 9 innovative drug candidates in the respiratory system field in development process for clinical application, and 1 innovative drug candidate in the field of surgery/analgesia in phase III clinical trial. Furthermore, the Group had a total of 23 biosimilar or generic drug candidates in the oncology field, 9 other biosimilar or generic drug candidates in the surgical/analgesic field, 5 biosimilar or generic drug candidates in the field of liver disease and 20 biosimilar or generic drug candidates in the respiratory system field in development process for clinical application.-- Focus V (Anlotinib Hydrochloride Capsules) was approved for the fifth indication-differentiated thyroid cancer in the first half of 2022. To date, Anlotinib has been approved for five indications: third-line non-small cell lung cancer, third-line small cell lung cancer, soft tissue sarcoma, medullary thyroid cancer and differentiated thyroid cancer.-- TDI01 is a highly selective inhibitor of ROCK2 and is currently in development process of phase I clinical trial for the target indications of pneumoconiosis, pulmonary fibrosis and graft versus host disease. There is no approved drug for pneumoconiosis worldwide, TDI01 is expected to fill this gap and be a boon to pneumoconiosis patients. -- SFT-1001 and SFT-1003 are two soft mist inhalation products that are currently in late clinical stage. As of 2021, there are only five soft mist inhalation products available worldwide, with a global market size of over US$3 billion and a compound growth rate of over 35% in the past five years, and the global soft mist market is expected to each US$7 billion by 2030.During the Period, the Group recorded revenue of approximately RMB15.19 billion, an increase of approximately 5.9% against last year. Profit attributable to the owners of the parent company was approximately RMB1.92 billion. Earnings per share attributable to the owners of the parent company were approximately RMB10.30 cents. Excluding the share of profits and losses of associates and a joint venture (net of related tax and non-controlling interests), certain non-cash items and one-off adjustments, adjusted non-HKFRS profit attributable to the owners of the parent was approximately RMB1.66 billion, an increase of approximately 4.5% over that in the same period last year. Sales of new products accounted for approximately 43.5% of the Group's total revenue for the period, while it was approximately 36.9% for the same period last year. The Group's liquidity remains strong, with cash and bank balances classified under current assets of approximately RMB7.77 billion, bank deposits classified under non-current assets of approximately RMB6.84 billion, and wealth management products of approximately RMB7.64 billion in aggregate, the Group's total fund reserve was approximately RMB22.25 billion at the period end.The Board of Directors has declared the payment of an interim dividend of HK6 cents per share. (2021: HK4 cents).Sales: Harvested years of R&D results, sales of new products as a percentage to revenue climbedThe Group has obtained significant benefits from years of high research and development, and continues to focus on development of related products in the areas of specialist therapeutic. During the period, the sales revenue of new products launched within five years was approximately RMB6.61 billion, accounting for approximately 43.5% of the total revenue of the Group from approximately 36.9% last year.During the Period, the Group's oncology, liver disease and cardio-cerebral vascular medicines continued to lead in sales contribution. Sales of oncology medicines increased by 16.7% year-on-year to approximately 4.96 billion, accounting for approximately 32.6% of the Group's revenue. Sales of liver disease (hepatitis) medicines and cardio-cerebral vascular medicines increased by approximately 11.1% and 13.8% year-on-year to approximately 2.01 billion and 1.55 billion, respectively, accounting for approximately 13.2% and 10.2% of the Group's revenue. In addition, the sales contributions of products in various areas such as surgery/analgesia, respiratory system and others went up hand-in-hand. Sales of surgery/analgesia and respiratory system medicines accounted for approximately 16.6% and 10.0% of the Group's revenue, respectively.In the area of oncology, since its launch in 2018, the revenue from sales of Anrotinib has continued to grow rapidly and is expected to grow at a compound rate of 46% in the period between 2018 and 2022. During the Period, sales of Annike (Penpulimab monoclonal antibody injection) increased significantly against the same period last year. F-627 (Efbemalenograstim alpha, long-acting granulocyte colony-stimulating factor) is currently under marketing application stage. It provides a safety advantage over mainstream second generation products currently on the market, is expected to be approved in China in the first half of 2023.In the area of surgery/analgesia, the Group focused on hospital access and high-potential area development, specifically on developing and increasing coverage of secondary hospitals and community healthcare facilities, driving the rapid growth of Debaian (Flurbiprofen) Cataplasms in the first half of the year.In the area of liver disease, the Group made efforts to strengthen academic promotion so as to expand doctor coverage and enhance expert recognition, as well as actively identified new patients and new market to develop, driving the rapid growth of sales revenue of Tianqing Ganmei Injection during the Period.R&D: Continued to focus on new products in specialist therapeutic areasThe Group has continued to focus R&D efforts on new oncology, surgery/analgesia, hepatitis, respiratory system and cardio-cerebral vascular medicines. As of 30 June 2022, a total of 418 pharmaceutical products had obtained clinical trial approval, or were under clinical trial or applying for production approval. Of them, 29 were for under hepatitis, 230 for oncology, 31 for respiratory system medicines, 9 for endocrine, 16 for cardio-cerebral medicines, 3 for surgery, 4 for analgesia and 96 for other medicines.Prospects: Two-pronged approach of independent research and development, focusing more on products with high innovation and market potentialIn the future, the Group will build a healthier, more diversified and sustainable revenue structure by continuing to build on traditional public hospital sales, invest more resources in new marketing channels and new marketing tools, and gradually expanding their share of revenue. In view of the potential impact of the national volume-based procurement policy on generic drugs, the Group has re-evaluated and optimised its product lines under development from the perspective of innovation and market value, focusing more on products highly innovative and with market potential.The Group will continue to invest more resources in innovative R&D facilities, personnel and projects. Innovation has become a key driver of growth for the Group, with the share of revenue from innovative medicines expected to reach 24% by 2022. Looking ahead, the Group plans to attain revenue exceeding the RMB10 billion mark from innovative medicines by 2023, further increasing the share of revenue from them in the Group's total. The Group aims to become a world-class innovative pharmaceutical group by 2030, with a revenue target of HK$100 billion, of which over 60% is expected to be contributed by innovative drugs.Looking ahead, the Group is focusing on four therapeutic areas, namely oncology, surgery/analgesia, liver disease and respiratory system, and will strive to achieve its 2030 target by adopting a two-pronged approach - pursuing independent research and development and innovation-driven business development.About Sino Biopharmaceutical Limited (HKEX:1177)Sino Biopharmaceutical Limited is a leading, innovative R&D-driven pharmaceutical conglomerate in the PRC. Its business encompasses a fully-integrated chain which covers an array of R&D platforms, a line-up of intelligent production and a strong sales system. The Group's products have gained a competitive foothold in various therapeutic categories with promising potential, comprising a variety of biopharmaceutical and chemical medicines for oncology, surgery/analgesia, hepatitis, and respiratory system.Sino Biopharmaceutical is a constituent stock of the following indices: MSCI Global Standard Indices - MSCI China Index, Hang Seng Index, Hang Seng China Enterprises Index, Hang Seng Composite Index, Hang Seng Healthcare Index, Hang Seng SCHK Mainland China Healthcare Index, Hang Seng Composite LargeCap Index, Hang Seng Composite LargeCap & MidCap Index, Hang Seng China (Hong Kong-listed) 100 Index and Hang Seng Stock Connect Hong Kong Index, etc.. Sino Biopharm was ranked as one of "Asia's Fab 50 Companies" by Forbes Asia for three consecutive years in 2016, 2017 and 2018. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)