New York, NY, August 15, 2022 – (SEAPRWire) – JPEX, a centralized crypto exchange, has officially launched its native asset, JPC. Launched at 8 PM on August 8th, 2022, JPC saw a 200x surge in price and over 500 million in volume. According to data from JPEX, this recently released native asset initially traded at $0.00001, then moved up to $0.0021 in the later hours. At press time, JPC trades at $0.00117, a 0.66% increase in the last hour and a trading volume of $25 billion in the previous 24 hours. JPC was first listed on JPEX on July 27th, and an investment round ensued, raising over $27 million with over 100k subscribers, a groundbreaking feat in the exchange-backed token space. As part of the JPEX team’s plan to incentivize potential token holders, the centralized exchange, in a recent announcement, stated it would issue over 500k JPC tokens [worth $550 at press time] to users who complete the know-your-customer [KYC] verification on or before April 10th, 2022. JPC Token Use Cases and Application JPC is an ERC-20 token standard, and its application includes; a transaction fee waiver, relevance in the JPEX game center, will serve as a reward for the JPEX Friend Program, and will possess staking powers. JPC will additionally power the JPC Community Development Program and act as a governance token of the JPEX community. NFT and Metaverse trading discounts and exclusive offerings, asset insurance increments, and the prospects of new listings are also use cases of the JPC native token. According to the JPEX team, earnings from JPC token sales will go to the repurchase of the token and, subsequently, destruction. With a firm determination to delivering a comprehensive platform for users globally, JPEX, via an Instagram post, announced that Julian Cheung, popularly known as Chilam, a renowned Hong Kong singer and actor, will become an ambassador of the centralized crypto exchange. The signing of The Grandmaster actor is proof of the lengths JPEX is willing to go to further advance the brand and the native asset, JPC. Julian Cheung’s appointment as brand ambassador aims to promote the launch of JPC. About JPEX JPEX is one of the most accessible centralized exchanges for quick, transparent, and legitimate buying and selling of cryptocurrencies. With millions of users, the launch of JPC as a native token will further cement the platform’s stance as one of the market leaders. JPC will introduce essential features to the exchange, attracting more users and retaining existing customers. For PR Inquiry, please contact info@finpr.agency, https://finpr.agency Social Links Twitter: https://twitter.com/ExchangeJpex Instagram: https://www.instagram.com/jpex_official/ Telegram: https://t.me/jpexannouncement Facebook: https://www.facebook.com/JPEX-Exchange-100535999063470 Discord: https://discord.gg/3CZmeZ9m Media Contact Brand: JPEX Contact: Media team E-mail: cs@jp-ex.io Company Website: https://jp-ex.io/ SOURCE: JPEX 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)
MANILA, Aug 11, 2022 - (ACN Newswire via SEAPRWire.com) - In an effort to mitigate the cybercrime landscape in the Philippines and support The Department of Information and Communications Technology with its efforts, Tradepass hosted the second edition of PhilSec on 12 - 13 July 2022 at the Sofitel Philippine Plaza in Manila, Philippines. The event that was officially supported by Cybercrime Investigation and Coordinating Center (CICC) attracted 600+ cybersecurity experts including the Heads of Information Security, Risk, Compliance, Forensics and Cyber Law from the leading public and private enterprises across the Philippines. Mary Rose E. Magsaysay (C|CISO, Director IV - Cybercrime Planning and Policy, Monitoring and Cooperation Office - Cybercrime Investigation and Coordination Center) who is also the in charge & lead at ICCD, CPPD & CMCD graced the opening of the event post an engaging flashmob.Here's what she had to say when talking about her experience at PhilSec 2022, "This is my first time back on-stage post pandemic. My expectations were really high and they were met excellently and not just satisfactorily. I was surprised to see the number of vendors who I got to interact with. I was surprised to see that there were a lot of delegates representing DICT, CICC and I saw a very good mix of audience."With the most carefully curated agenda that comprised advanced topics in cybersecurity, PhilSec 2022 also hosted over 40 of the best cybersecurity experts and thought leaders who had a spellbinding effect on the delegates with their knowledge sharing sessions. When asked to share his overall thoughts on the event, Carlos Tengkiat (CISO, Rizal Commercial Banking Corporation) expressed, "PhilSec is actually very good because it brings people together to collaborate and also the industry players to showcase their solutions which can secure our infrastructure and keep us in line with the new developments in technology and security."As the country's premier cybersecurity event, PhilSec 2022 was flooded with the leading organizations from the industry who had their exclusive exhibition booths at the venue to showcase their cutting-edge security solutions. The long list included Delinea, ARCON, Okta, Recorded Future, CrowdStrike, CyberArk, Rubrik, ExtraHop, BlueVoyant, Claroty, BeyondTrust, Synology, Tenable, Parasoft, Swimlane, CybersCool Defcon Inc., Senhasegura, ThriveDX SaaS, DDLS, Sangfor Technologies, Netskope, CYFIRMA, ION Management Solutions Inc., Noname Security, IPV Network, Cyberint and Secuna.Noel Cuestas (Chief - Audio, Video Forensic Section, Digital Forensic Unit - Philippine National PoliceAnti Cybercrime Group) while talking about his experience at PhilSec 2022 commented, "This is my first time at PhilSec and I must say that this has been very fascinating. This is a good area for networking and meeting a lot of friends in the industry, from cybersecurity, digital forensics and other law enforcement officers are also here, so this is an excellent venue."The event featured two knowledge-packed days filled with insightful presentations on the most pressing industry topics, deep dive panel discussions, live showcase of the best security solutions and abundant networking opportunities. Some of the crucial topics from the summit include: "Cyber Defense for Philippine's Critical Infrastructure", "Zero Trust: Two Sides of the PAM Coin", "How Cybercriminals Use Dynamic DNS Infrastructure for Advanced Attacks", "Web 3.0: Unravelling Unknown Unknowns", "Digital Forensics" and many more."The way the whole event is planned and organized is actually really nice, it has a very good selection of speakers and the different topics that the event wants to showcase caters to the industry really well," said Mel Migrino (Vice President and Group CISO, Meralco) while taking about the organization of the event.Apart from the knowledge sharing and networking sessions, PhilSec 2022 also acknowledged the top talents from Philippines' cybersecurity during the awards segment, PhilSec Awards 2022. The event stayed completely vibrant over the course of two days through flash mobs, dance performances, a show by Manila's best illusionist and a swanky after-party for added networking exposure.For more information about the event, log on to:https://philsecsummit.com/About TradepassProviding access to the global emerging markets, Tradepass brings together people, products and solutions to power events for unparalleled business and networking opportunities. Being the most accredited event company, it helps organizations: enter new markets, grow sales pipeline, close prospects, raise capital and identify the right solution-providers.As a deal facilitator, Tradepass is always determined about exposing the most agile liquid growth markets, to enable all-round scalability and growth.Media contact:Aritrika ChakrabortyMarketing Manageraritrikac@tradepassglobal.com+ (91) 80 6166 4401Tradepass Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Jul 26, 2022 - (JCN Newswire via SEAPRWire.com) - Eisai Co. Ltd announced today that the company will present research from its Alzheimer's disease (AD) pipeline, including new data for lecanemab (BAN2401), an investigational anti-amyloid beta (Abeta) protofibril antibody for the treatment of mild cognitive impairment (MCI) due to Alzheimer's disease (AD) and mild AD (collectively known as early AD) with confirmed presence of amyloid pathology in the brain, at the Alzheimer's Association International Conference (AAIC) to be held in San Diego, CA and virtually from July 31 to August 4, 2022. Eisai will present data and research in three oral and 18 poster presentations at the meeting.On July 5, 2022 (U.S), Eisai announced that the U.S. Food and Drug Administration (FDA) accepted the Biologics License Application (BLA) for lecanemab under the accelerated approval pathway and was granted priority review, with a Prescription Drug User Fee Act (PDUFA) action date of January 6, 2023. The readout of the primary endpoint data of Clarity AD will occur in the Fall of 2022. The FDA has agreed that the results of Clarity AD when completed, can serve as the confirmatory study to verify the clinical benefit of lecanemab.Key Eisai AAIC Presentations- Effect of Genotype on ARIA-E Incidence by Lecanemab: Results from a modeling simulation to evaluate the effect of APOE4 genotype on ARIA-E incidence from study 201 Core and comparison to the observed incidence in the open-label extension among those newly treatedwith lecanemab. (Virtual Developing Topics #69402) - Lecanemab Subcutaneous Dosing:Results from a study in healthy subjects to evaluate the absolute bioavailability, pharmacokinetics, safety, and immunogenicity of lecanemab following a single fixed 700 mg subcutaneous dose. (Poster/Abstract #69438)Modeling and simulation analysis aimed at showing the equivalence of fixed weekly subcutaneous dose of lecanemab to body weight-based 10mg/kg biweekly intravenous dose. (Poster/Abstract #69429)- Ethnic and Racial Diversity in Eisai Clinical Trials: An evaluation of US enrollment across lecanemab (Study 201 and Clarity AD) and elenbecestat MissionAD studies in early AD to assess racial and ethnic groups and the impact of eligibility criteria in the United States. (Poster/Abstract # 69198)- Beta-Amyloid Assays Predict Brain beta-Amyloid Pathology: Data from the Eisai and Sysmex collaboration reporting on the fully automated plasma Abeta40 and Abeta42 immunoassays and their performance for predicting brain Aβ pathology defined by amyloid PET. (Poster/Abstract # 68727) - Comprehensive CSF Tau Profiling from Dominantly Inherited Alzheimer Network (DIAN): An oral presentation that shares results from a study in patients enrolled in Washington University School of Medicine's DIAN-observational cohort that used Eisai's anti-microtubule binding region (MTBR) antibody, E2814, to profile MTBR-tau and then assessed timing to MTBR-tau changes in CSF and correlation to clinical, cognitive, and biomarker changes. (Oral Presentation # 65313)"The lecanemab data Eisai will present at AAIC 2022 continues to build the body of knowledge about our investigational anti-amyloid beta protofibril antibody as we work toward the Phase 3 confirmatory Clarity AD readout this fall," said Michael Irizarry, M.D., Senior Vice President, Deputy Chief Clinical Officer, Alzheimer's Disease and Brain Health, Eisai Inc. "Additional research presented will highlight Eisai's efforts to improve ethnic and racial diversity in our early Alzheimer's disease clinical trials in the United States so that study populations mirror the U.S. Medicare population, as well as research from our collaboration with Sysmex on potential biomarkers that may contribute to early diagnosis of Alzheimer's disease."For more information, visit https://www.eisai.com/news/2022/pdf/enews202257pdf.pdf. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
Beijing, China, July 19, 2022 - (SEAPRWire) - "I think I'm thoroughly a feminist," said Aya, who happened to see the news of the abolition of the Abortion Law in the United States while traveling through the bustling crowds in the ancient city of Kashgar "Women, wherever they are, should have equal rights with men." Although she comes from a traditional Muslim family in Africa, Aya seems to be gradually "awakening", finding ways to nurture the impulse to struggle against a male dominated world. Her first "struggle" was in 2018, when she attended Zhejiang Normal University, thousands of miles away from home, to study Chinese, despite her father's strong opposition. The second "struggle" was to participate in the school-organized field trip to learn about life in China's less developed areas. Her mother was frightened when she learned that her daughter was going to Xinjiang, because she had heard a lot of negative information about the region, "You will be arrested", her mother cried and begged Aya to cancel the trip. She understood her mother's concerns, but she still chose to attend the field trip if only to discover those ordinary women in rural Chin who were also "fighting" against a male dominated society. In the Performance Hall of the Xinjiang Art Theater in Urumqi, Aya met Guli, who, wearing traditional Uyghur dance clothes, performed the Dance of the Twelve Muqams. Guli loves to dance and practices in the palace-like building everyday. Guli says that dancing in the elegant theatre makers her feel like a princess and she longs to be on stage forever. At 28 years old, Guli is in the prime of her career. However, her parents and husband constantly urge her to have children as soon as possible. Stressed deeply by these expectations, she is constantly balancing her beloved career and family. In the end, she reached a compromise with her husband. "I will continue dancing for three years, devote these precious years to my career. After that, I will look to start a family with my husband," Guli told her classmates. "I am working hard to practice Chinese. In the future, I plan to move to Shanghai to open a workshop and teach children to dance. I can make money and continue my love of dancing!" Wearing a white headscarf and a traditional skirt, Aparhan sat at the door of her old house in the ancient city of Kashgar. Against the backdrop of the sunset, she herself seemed to become interwoven with the well-preserved traditional style buildings, some more than a thousand years old. Looking at the tourists passing by from time to time, Aparhan's mind is conflicted. She doesn't like seeing young girls wearing modern skirts, nor their makeup and strange hairstyles. She pleads with her granddaughters, "This is not our tradition", but in vain. Her granddaughters like to show off their beauty. Economic development has not only greatly improved her material life, but also brought its share of troubles. Secularism made a huge impact on the traditional moral order. Aparhan sometimes feels powerless to struggle against it. Meeting Pattiman was a story filled with romance, remembers Aya. At night, Kashgar sees a barrage of vendors flooding the streets, loudly soliciting their business. Except that people were wearing masks, no other effects of the pandemic could be felt, let alone the so-called security problems. Aya felt her mother's worries were overblown. Nazar, a male classmate of hers from Turkmenistan, tall and handsome, attracted significant attention from the passersby. Locals were asking for group photos, and Pattiman was by far the boldest one. She was pretty, with long flowing hair. She stopped Nazar and invited him to drink juice in a nearby bar. The hearts of the handsome boy and the beautiful girl from two different countries collided. They communicated freely and warmly in both Chinese and English, discussing everything, from their majors to their favorite movies. Nazar boldly invited Pattiman to go to Turkmenistan for a visit. Pattiman said, "I used to study at Tianjin University. Because of my father's request, I had to return to my hometown to work after graduation. But now I regret my decision, as the outside world is so exciting. I'd love to go and find you in your country." Around the world, modern women are facing constraints and pressures from society, family and tradition. Some are compromising, some are struggling, and some are practicing the long art of reform. In Aya's view, the women she met while traveling were lucky. They had a fierce independent streak to their personalities and were self-confident despite the rapid development of society around them. They freely displayed their feminine side and expressed their likes and dislikes, freely choosing to accept or reject what they please. Despite each of their individual hardships, they held and status and respect in each of their respective "struggles". 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)
TOKYO, Jul 11, 2022 - (JCN Newswire via SEAPRWire.com) - TOYOTA GAZOO Racing earned a dramatic double podium finish in the 6 Hours of Monza after an exciting but ultimately frustrating fourth round of the 2022 FIA World Endurance Championship (WEC).Both GR010 HYBRIDs were strong contenders for victory in an incident-packed race at the Temple of Speed, but suffered misfortune in the heat of Hypercar competition.Fresh from their Le Mans 24 Hours win, Sebastien Buemi, Brendon Hartley and Ryo Hirakawa overcame an early technical issue on their #8 GR010 HYBRID to finish second, only 2.762secs behind the winning #36 Alpine.Last year's Monza winners, Mike Conway, Kamui Kobayashi and Jose Maria Lopez in the #7 GR010 HYBRID, were leading when they lost time following contact with the Alpine. The reigning World Champions finished third, two laps behind.A spectacular race among four Hypercar manufacturers leaves both World Championships wide open going into the final two races. TOYOTA GAZOO Racing leads the manufacturers' standings by 15 points from Alpine, while the #8 crew are second in the drivers' rankings, 10 points behind their Alpine counterparts.The two GR010 HYBRIDs were part of a close race from the very beginning. After a clean start, Sebastien drove brilliantly to hold second place under pressure from Alpine, while Jose was close behind in fourth.Two full course yellows in the opening 30 minutes saw all Hypercars make fuel stops. Smart strategy elevated Sebastien into second and Jose into third, although they were unable to challenge the race-leading Glickenhaus.Late in the first hour, Sebastien's race was interrupted by an electrical issue. He managed the issue well but could not avoid dropping two positions on track, including losing second to Jose. A system reset at his next scheduled pit stop cost 30 seconds and put him fifth but the car was back on the pace and Sebastien overtook Peugeot #94 for fourth.A full course yellow around one-third distance triggered the next pit stops. Mike took over the #7 car and diced for second place with the Alpine, while Brendon resumed in the #8.The complexion of the race changed after two-and-a-half hours when an accident from a GT competitor necessitated a safety car and closed up the field. All Hypercars pitted and Mike overhauled the Glickenhaus for the lead, thanks to a shorter pit stop.When the race resumed at half distance, Brendon moved into second when Glickenhaus served a drive-through penalty for a speeding infringement. He held position until the next pit stops, despite a sustained challenge from the Alpine.The top three Hypercars were separated by only a few seconds going into the final two hours and the positions alternated at each pit stop as a result of TOYOTA GAZOO Racing and Alpine changing tyres at different intervals.Towards the end of the fifth hour, with Kamui leading a GR010 HYBRID one-two, Ryo heroically held off the Alpine, which was on fresher tyres, for several laps before dropping to third on lap 153. A lap later, Kamui was defending the lead on the start-finish straight when the #7 and the Alpine made contact.The #7 sustained a right rear puncture and damage to its bodywork, and Kamui returned slowly to the pits for repairs. Thanks to a full course yellow, he lost only one lap and returned in third. When racing resumed with an hour remaining, Ryo was second and putting pressure on the race leader.Ryo showed impressive speed, as well as skill through the traffic, to keep the pressure on and he closed to within three seconds at the chequered flag. Kamui, who served a 90-second penalty as a result of the incident with the Alpine, took the flag in the #7 in third, two laps behind.TOYOTA GAZOO Racing therefore travels to the 6 Hours of Fuji with a point to prove, intent on returning to winning ways in its home race. The team has won seven of its eight races at Fuji Speedway and expects to challenge for another victory on 11 September in the penultimate round of the 2022 season.For more information, visit https://toyotagazooracing.com/wec/release/2022/rd04-race/. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Jul 8, 2022 - (ACN Newswire via SEAPRWire.com) - SinoMab BioScience Limited ("SinoMab" or the "Company", together with its subsidiaries, the "Group", stock code: 3681.HK), a Hong Kong-listed biopharmaceutical company dedicated to the research, development, manufacturing and commercialization of innovative therapeutics for the treatment of immunological diseases, primarily mAb-based biologics, is pleased to announce that, the Company has received HK$8 million subsidy from the Hong Kong Science and Technology Parks Corporation ("HKSTP"), which is the highest subsidy amount in the Clinical Translational Catalyst (CTC) program of HKSTP.CTC program is offered by HKSTP Institute for Translational Research (ITR), the overarching aim is to provide a platform to transform Hong Kong and Greater Bay Area to become the go-to destination for translational medicine in the region. Under this program, funding support will be provided to biomedical companies of HKSTP to bring innovative, life-changing therapies and technologies to patients.SinoMab stood out from many biopharmaceutical companies in the CTC program and was granted the highest subsidy amount, embodying the recognition by the evaluation committee on the Company's product candidates and research and development (R&D) plan. According to the agreement signed by both parties, HKSTP will provide SinoMab a subsidy of HK$8 million in the next 42 months in phases according to its clinical plan and progress for the clinical study of SN1011, the Company's key product, for the treatment of multiple sclerosis (MS). SN1011 is SinoMab's key product and third-generation covalent reversible Bruton's tyrosine kinase (BTK) inhibitor. Following the approval of Investigational New Drug (IND) applications of SN1011 for systemic lupus erythematosus (SLE) and pemphigus vulgaris (PV) by the National Medical Products Administration (NMPA) on 27 August 2020 and 23 June 2021, respectively, the IND application of SN1011 for MS has been approved by the NMPA on 19 April 2022. The Company plans to initiate Phase II clinical study to evaluate the efficacy and safety of SN1011 in patients with MS in China and expects to enroll the first patient in the fourth quarter of 2022. The IND application of SN1011 for neuromyelitis optica spectrum disorder (NMOSD) was also accepted by the Center for Drug Evaluation (CDE) of the NMPA on 6 June 2022.Dr. Shui On LEUNG, Chairman, Executive Director and Chief Executive Officer of SinoMab said that: "By launching the CTC program, HKSTP provides great support to local biopharmaceutical companies on their New Drug R&D. As a biopharmaceutical company raised in Hong Kong for 20 years, we are grateful for the long-term support and assistance of the HKSTP in promoting innovation and development of local biopharmaceutical companies. Previously, President Xi Jinping, and the Chief Executive of the HKSAR, Mr. Lee Ka-chiu, visited the Science Park, with the desire to forge Hong Kong into an international Innovation and Technology hub, demonstrating the country's high appreciation of Hong Kong innovative technology development. We are excited by the unprecedented opportunities. With the smooth progress of clinical trials of the Company's key candidates, the subsidy from the HKSTP will provide a solid foundation for the Company's continuous R&D and stepping toward commercialization. We will fully grasp the opportunity to accelerate the R&D and clinical trials of various products, further expand the product pipeline and potential indications, speed up the realization of product commercialization, adhere to the concept of independent innovation, strive for the well-being of patients and create value for shareholders."About Hong Kong Science and Technology Parks CorporationEstablished in 2001, HKSTP attracts and nurtures talent, accelerates and commercializes innovation and technology for entrepreneurs on their journey of growth in Hong Kong, to the Greater Bay Area, Asia and beyond. Its growing innovation ecosystem is built around its key locations of the Hong Kong Science Park in Shatin, InnoCentre in Kowloon Tong and three modern INNOPARKs in Tai Po, Tseung Kwan O and Yuen Long. The three INNOPARKs are realizing a vision of re-industrialisation for Hong Kong. The goal is sectors like advanced manufacturing, electronics and biotechnology are being reimagined for a new generation of the industry. Through its infrastructure, services, expertise and network of partnerships, HKSTP will help establish innovation and technology as a pillar of growth for Hong Kong, while reinforcing Hong Kong's international I&T hub status as a launchpad for global growth at the heart of the GBA innovation powerhouse.About SinoMab BioScience LimitedSinoMab BioScience Limited (stock code: 3681.HK) is dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases. The Company's flagship product SM03 is a potential global first-in-target mAb against CD22 for the treatment of rheumatoid arthritis (RA) and is currently in Phase III clinical trial for RA in China, which has been recognized as one of the significant special projects of Significant New Drugs Development of the Twelfth Five-Year Plan Period and the Thirteenth Five-Year Plan Period. In addition, the Company possesses other potential first-in-target and first-in-class drug candidates, some of which are already in clinical stage, with their indications covering rheumatoid arthritis (RA), systemic lupus erythematosus (SLE), pemphigus vulgaris (PV), non-Hodgkin's lymphoma (NHL), asthma, and other diseases with major unmet clinical needs. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
Dubai, UAE, July 8, 2022 – (SEAPRWire) – Recently, MetaBitcoin (MBTC), which implements all Bitcoin ecosystems identically within the Metaverse ecosystem, was selected as the first investment destination for the Alawad Fund. MetaBitcoin (MBTC) was issued by Meta Satoshi Nakamoto, and has the same elements as Bitcoin, 21 million total supply, 4-year halving, and mining compensation, can be purchased within. “Alawad Fund,” was launched on March 26 (local time) in Dubai, which is attracting attention as a “The holy land of crypto companies.” The fund was established as a joint venture between Sheikh Alawad and CEO jojo jiang, and announced that it plans to invest heavily in fostering the crypto industry. The first fund of “Alawad Fund” is a total of $300 million and will be operated with the goal of quant investment, virtual asset and block chain-based startup investment, cryptocurrency exchange investment, and cryptocurrency cultural content investment with a focus on bitcoin mining is expected. At the fund establishment ceremony, Alawad Fund’s jojo said, “Bitcoin (BTC) is difficult to mine, there are many restrictions such as electricity bills and mining farms, and there are currently only 2 million mining volumes left. It has a high barrier to entry.” She said, “It is difficult to rise more than several dozen times within a short period of time from now, but on the other hand, MetaBitcoin (MBTC) can be mined easily by anyone, and Bitcoin causes environmental problems. It is also free from the issue of being able to do it,” she said. She also stated, “MetaBitcoin (MBTC) was selected as the primary project of the Alawad Fund because of its low initial entry barrier and high evaluation of the fairness that both project sides and users start mining fairly.” MetaBitcoin started mining on May 3, and currently about 30,000 miners are participating in mining. Also from July 3rd, the upgraded miners from 500,000 to 2 million hashrate will be sold in three units. Dubai, United Arab Emirates (UAE) has recently become known as a hub for virtual assets and blockchain-based startups. While the government is attracting foreign talent through friendly policies at the government level, many crypto companies such as Binance are flocking to Dubai and emerging as a ‘holy land for crypto companies’. “Alawad Fund”, is famous in the blockchain by investing in promising projects with various key blockchain partners. Alawad Fund aim to grow as a promising fund. Sheikh Alawad said at the Alawad Fund inauguration ceremony on this day, “Dubai is presenting the most friendly business environment for blockchain companies. Alawad Fund was launched. Afterwards, he expressed his hope that the slogan ‘Blockchain as the future of finance and Dubai as the future of blockchain companies’ would be widely known around the world by actively investing and supporting promising projects together with various oil conglomerates. Media Contact Company: MetaBitcoin Contact: Media Team Email: info@meta-btc.org Website: https://meta-btc.org/ SOURCE: MetaBitcoin 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)
TOKYO, Jun 24, 2022 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Corporation and Murata Manufacturing Co., Ltd. have agreed on a cooperative framework for working toward a carbon-neutral society.Virtual PPA Overview This framework is being developed with the aim of achieving carbon neutrality at the global level, while introducing renewable energy at the company level to achieve a sustainable society. On the road to decarbonization, it is important to combine initiatives achievable in the short term (such as constructing more renewable energy generation facilities) with more long-term goals (such as developing technologies that utilize hydrogen), to maintain a continuous, stable supply of renewable energy from diverse energy sources. To this end, companies with strengths in different areas must work together to pave the way for the next generation of energy: promoting efforts toward practical adoption, starting with real-world testing. Cooperation details (four areas)- Procurement of electricity from renewable energy sources by Murata- Production and use of hydrogen at Murata's plants in Japan- Working together with local communities via the creation of autonomous, decentralized communities- Regulating power through the use of storage batteries Through this cooperation, Murata Manufacturing Group has agreed to procure 70,000 kW of power derived from renewable energy sources from Mitsubishi by 2025, another step toward our goal of using 100% renewable energy by 2050, and the specific details are currently being finalized. We will continue our discussions with Mitsubishi, with the aim of expanding the amount procured to 300 million kWh in the future. This cooperation is being concluded on the premise that the power is procured under the virtual power purchase agreement (virtual PPA) scheme that has just started in Japan. We will also continue to update our medium- and long-term initiatives based on the shared areas of concern in this cooperation. Norio Nakajima, president of Murata Manufacturing, had this to say about the cooperative framework:"Every company in the Murata Manufacturing Group is doing its part to promote the introduction of renewable energy, but many of the things that will be critical in the future are difficult to do alone, from a technical standpoint. Mitsubishi has a track record of bringing renewable energy to a large number of locations both in Japan and worldwide as part of its drive to tackle social issues, and it owns many businesses aimed at putting different types of energy into practical use. By combining the know-how of Murata and Mitsubishi, we hope to contribute to the realization of a sustainable society, and development of society in general." Mitsubishi President Katsuya Nakanishi commented:"I am very pleased that we have been able to reach an agreement on a comprehensive framework of cooperation with Murata, which is already working on low-carbon/decarbonization initiatives to meet the RE100 targets. In May 2022, we announced our "Midterm Corporate Strategy 2024 - Creating MC Shared Value," which promotes energy transformation (EX), digital transformation (DX), and a growth strategy of future creation (regional development/new industry generation) through the unified promotion of EX and DX. Through this comprehensive cooperation, Mitsubishi and Murata will work jointly to create value at scale and contribute to low-carbon/decarbonization and regional development in Japan." Cooperation detailsProcurement of electricity from renewable energy sourcesAs part of our quest to convert all electricity consumed in the Murata Manufacturing Group's business activities into renewable energy to meet the goals of the RE100 global environmental initiative, we will procure renewable energy from a new solar power generation facility operated by Mitsubishi.Both companies have agreed that the scale of the solar power generation facility and amount procured will be approximately 70,000 kW by 2025, and are currently in the process of finalizing the terms of the procurement agreement. Together, we also aim to expand the amount of renewable energy procured to around 300 million kWh in the future.In this agreement, the power derived from renewable energy sources supplied by Mitsubishi to Murata will be done through a method called virtual PPA, in which non-FIT non-fossil fuel energy certificates are traded directly between renewable energy providers and consumers. Furthermore, the power generation facilities involved in this cooperation will all be newly built, creating renewable energy provision with additionality that will contribute to domestic carbon neutrality targets. Trial production and use of hydrogenWe will begin trialing the production and use of hydrogen at Murata's plants in Japan, using an electrolyzer. By utilizing carbon-free electricity in the electrolysis process and using the resulting hydrogen, we hope to reduce the greenhouse gas emissions that come from manufacturing.In the future, we also hope to supply hydrogen to the local communities where Murata's domestic plants are located, with the aim of promoting decarbonization in the region. Regional development with local communitiesWe aim to realize Murata's pledge to "solve social issues in all our corporate activities and contribute to society through our business activities" and Mitsubishi's "regional development through the unified promotion of EX and DX."In regions where Murata's domestic plants are located, we contribute to solving regional social and industrial issues together with local authorities along the theme of creating attractive, autonomous, and decentralized towns. Regulating power through the use of storage batteriesIn anticipation of entering the power supply and demand regulation market through our cooperation with Mitsubishi, which has a proven track record in this sector, we will jointly trial regulating the power supply through the use of storage batteries installed at Murata plants.By combining the proprietary power control technology used at Murata's production plants with Mitsubishi's knowledge of the electric power industry, we will strive to help resolve grid instability that may occur as the use of renewable energy increases.Inquiry RecipientMitsubishi CorporationTelephone:+81-3-3210-2171 Facsimile:+81-3-5252-7705 Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
HONG KONG, Jun 24, 2022 - (ACN Newswire via SEAPRWire.com) - Grand Ming Group Holdings Limited (the "Company" and together with its subsidiaries, the "Group", stock code: 1271.HK) today announces its annual results for the year ended 31 March 2022 ("FY 2021/22").Highlights-- Revenue amounted to HK$817.9 million, a decrease of 45.2% from the previous financial year.-- Net profit for the year was HK$17.5 million, representing a decrease of 88.2%.-- Proposed payment of final dividend of 4.0 HK cents per share.-- Stay positive toward lucrative business of owning and operating data centres via expanding portfolio of developing two new centres in near future.-- Seize opportunity to increase land reserve for property development in Hong Kong.-- Execute the plan for property development in Nanning, Guangxi Province, China targeting for luxurious senior residential market.The Group's consolidated revenue decreased approximately 45.2% from approximately HK$1,492.4 million for the year ended 31 March 2021 ("FY 2020/21") to approximately HK$817.9 million for FY 2021/22. The decrease was primarily caused by lower revenue recognised from the building construction project at Kai Tak which was at the completion stage during FY 2021/22.The Group's net profit for FY 2021/22 amounted to approximately HK$17.5 million, representing a decrease of 88.2% when compared to that of approximately HK$149 million for FY 2020/21. Earnings per share was 1.2 HK cents (2021: 10.5 HK cents). The deterioration in results for FY 2021/22 was attributed by (i) reduction of revenue and profit recognised from the Kai Tak construction project which was at the completion stage; (ii) lower profit attained from the sales of typical units of Cristallo project; and (iii) loss incurred in certain variation orders of a completed construction project. Disregarding the changes in fair value of investment properties, the Group recorded an underlying loss of approximately HK$75.2 million (FY 2020/21: underlying profit of HK$148 million). The Group believes a long-term high dividend policy is the best reward for our loyal shareholders. The Board now recommends to pay a final dividend for FY 2021/22 of 4.0 HK cents per share. Together with the interim dividend of 4.0 HK cents per share and special interim dividend of 20.0 HK cents per share already paid, the total dividends for FY 2021/22 amounted to 28.0 HK cents per share. During FY 2021/22, revenue derived from the construction business decreased by approximately 65.1%, from approximately HK$1,133.7 million for FY 2020/21 to approximately HK$395.5 million for FY 2021/22. The decrease was primarily attributed to lower revenue recognised from the Kai Tak construction project which was at the completion stage during FY 2021/22.The data centre leasing business recorded healthy growth in the year under review, representing a testament to the resiliency of the portfolio and right strategy over the years. Revenue derived from its two high-tier data centre buildings, namely iTech Tower 1 and iTech Tower 2 increased approximately 18.4%, from approximately HK$164.7 million for FY 2020/21 to approximately HK$195.0 million for FY 2021/22, primarily driven by increased utilisation of data centre spaces in iTech Tower 2 by committed customers. The Group looks ahead from a position of strength to a focus on growth, and continues to execute the strategy of creating a stable and growing cash flow stream, the Group further diversifies its footprint for high-tier data centres. The two greenfield sites at No.3 On Kui Street and No.8 On Chuen Street in Fanling, the New Territories will be developed into two new high-tier data centres for leasing purposes, with an estimated gross floor area of approximately 185,000 square feet in aggregate. Currently the application for change of land use change of both sites by way of land exchange are in progress. The development at No.3 On Kui Street and No.8 On Chuen Street is scheduled for completion in mid-2025 and mid-2026 respectively.The Group's luxury residential project, CRISTALLO, at No. 279 Prince Edward Road West, Kowloon was well sold. During the year sales of 6 residential units were completed, and revenue of approximately HK$221.7 million was recognized accordingly."The Grand Marine" in Tsing Yi had achieved an encouraging sales performance, with over 92% of the units sold cumulatively. The certificate of compliance of the development was granted in March 2022. Accordingly, handover of the sold units to the buyers commenced from mid-April 2022, with HK$4.75 billion revenue recognised in the first half of our financial year 2022/23. For the property development in Mainland China, the Group acquired its first land parcel in July 2021 through government public auction. The land parcel is located at Guangxi-ASEAN Economic and Technological Development Zone, Wuming District, Nanning City, Guangxi Province. The site has an area of approximately 574,000 square feet, and is planned to be developed into a luxury residential project under the theme of leisure and healthy lifestyle targeting customers at the elderly and retirees and their families. The preliminary design comprises high-rise apartment units, villas, retail shops and a wellness centre. The estimated gross floor area of the proposed development is approximately 1,100,000 square feet. Site clearance works had been completed. Planning and design works are in progress.Mr. Chan Hung Ming, Chairman and Executive Director of Grand Ming Group Holdings concluded, "The achievement of our first property development project of the Grand Marine confirms our successful transition to a property developer which emboldens us to deliver satisfactory results in the coming year. We will continue to launch the sales for the remaining units of the Grand Marine and Cristallo so as to contribute further cash inflows to the Group.""Looking forward, year 2022 remains a year full of challenges conditioned by heightened uncertainty, including potential resurgence of another wave of covid-19 infections, local interest rate hike triggered by the U.S. Federal Reserve's move to hike rates and the global geopolitical tensions. On the other side, resilient demand from the local end-users, limited land supply and low mortgage rate environment continued to support the local residential mass market. We maintain a cautiously optimistic view on the residential property market. Facing with these challenges and uncertainties, we would continue to adopt our prudent approach in managing the Group's businesses and strategies, and searching meticulously for suitable new property development projects both in Hong Kong and Nanning City of Mainland China to build the long-term development roadmap of the Group. The acceleration of digital transformation in business operations and communication among individuals during the pandemic had led to a surge in demand of high-tier data centres and therefore we are committed to developing our two new data centres in Fanling and looking for new pipelines for growth."About Grand Ming Group Holdings Limited (Stock code: 1271.HK)The Group is principally engaged in the business of building construction, property leasing and property development. As a local wholesale co-location provider of high-tier data centres, the Group is one of the dedicated service providers in Hong Kong which owns and uses the entire building for leasing to customers for data centre use. Its clientele includes multinational data centre operator, telecommunications company and financial institutions. The Group operates two high-tier data centre buildings, namely iTech Tower 1 and iTech Tower 2. It also acquired two pieces of land in Fanling, the New Territories for developing into two high-tier data centres. Furthermore, the Group launches a residential development project namely "The Grand Marine" at Sai Shan Road, Tsing Yi, as well as a luxury residential project, Cristallo, at Prince Edward Road West, Kowloon. The Group owns a piece of land at No.1 Luen Fat Street, Fanling, New Territories and a site at No. 41, 43, 45 Pau Chung Street, To Kwa Wan, Kowloon, for developing each into a residential-cum-retail complex with an aggregate gross floor area of approximately 67,000 square feet. In Mainland China the Group owns a piece of land at Guangxi-ASEAN Economic and Technological Development Zone, Wuming District, Nanning City, Guangxi Province with a site area of approximately 574,000 square metres and the estimated gross floor area of the proposed residential development is approximately 1,100,000 square feet.Media Contacts:Angel YeungJovian Communications LtdEmail: news@joviancomm.com Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
JAKARTA, Jun 23, 2022 - (ACN Newswire via SEAPRWire.com) - The upstream sector accounted for the largest share of state-owned oil and gas firm PT Pertamina's (Persero's) net profit as Indonesian crude prices (ICP) soared in 2021.Pertamina Hulu Energi Offshore Southeast Sumatra (PHE OSES) well in Seribu Islands waters off North Jakarta's coast (ANTARA FOTO/M Risyal Hidayat/rwa)"The overall profit earned is a combination of the six sub-holdings and their subsidiaries, but the largest contribution to the net profit comes from the upstream sector due to the windfall from the increase in ICP prices," acting vice president of corporate communications at Pertamina, Heppy Wulansari, said in Jakarta on Tuesday.Reporting its 2021 fiscal year performance to the government, which is a shareholder in the company, Pertamina said it scored a net profit of Rp29.3 trillion.The majority of this profit was obtained from the upstream sector's revenue, which increased sharply. Meanwhile, the downstream sector experienced losses due to the increase in crude oil prices and as Pertamina's fuel prices remained below the market price.This was an advantage for Pertamina, which has an integrated business from upstream to downstream, which allows cross-subsidies. Thus, it could maintain the balance between profits and public service bonds.Wulansari said that Pertamina's financial performance was positive, with almost doubled profit in the 2021 fiscal year.This profit was consolidated profit from all Pertamina business lines from upstream, processing, and downstream.As for the downstream sector, especially fuel and LPG marketing and distribution, at this time, the status is still at a loss due to the high cost of fuel production as the largest component is crude oil."However, Pertamina really appreciates the government's full support through the payment of assignment fuel compensation and the addition of energy subsidies in the 2022 State Budget. This is very meaningful to maintain people's purchasing power and encourage economic recovery," Wulansari said.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: Azis Kurmala, Editor: Suharto (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
New York, NY, June 15, 2022 – (SEAPRWire) – The Randstad, Netherlands / / 13 JUNE, 2022 / MentorCalls released a mobile app for connecting people with renowned professionals and leading industry minds to help people find the guidance they need to start or further their respective careers. MentorCalls is a startup app which allows users to connect with experts from different fields around the world and find the mentorship needed for professional development. The app helps aspiring entrepreneurs, athletes and artists secure a one-on-one interaction with mentors over a 1:1 video call through the platform. These mentors are prominent people in respective fields who provide answers to burning questions, give professional advice, and guide mentees on how to navigate rocky situations. Mentors interested in impacting knowledge on upcoming talents in a variety of fields can join the MentorCalls network and charge potential mentees per minute. Trainers who are less concerned about the money and are more about nurturing young ambitions have the option of donating their proceedings to charity. The mentors indicate when and how long they will be available so mentees can prepare for brief or elaborate sessions. The app currently hosts a good number of mentors from other parts of the world besides the Netherlands; such as Italy, the United States, Belgium, Australia, and Dubai. MentorCalls vision is to onboard world-class professionals on the top of their niche. MentorCalls believes learning from mentors can significantly reduce the amount of time and resources it takes to accomplish a dedicated goal. By walking mentees through their personal experience in a particular endeavor, Mentors help them avoid the unnecessary detours and unproductive efforts that prolong the road to success. NFTs Meet a Real Business The app brilliantly leverages the trend of NFTs in the crypto space. Buying the NFT gives you several online and real live benefits, including holders-only guest lectures from world most famous speakers and giveaways for call credits in the app. Besides, MentorCalls will roll out staking mechanics, making it possible to earn passive rewards in the form of an accompanying token. At the time of writing, the MentorCalls private token sale is already underway, and almost sold out. The MentorCalls app is available for download on Google Play and App Store. Background: Narrative Behind the Establishment of MentorCalls MentorCalls was co-founded by Danny Coppenrath and Maurice Weber; two successful entrepreneurs, Danny in the Rum business, and Maurice, owner of Crebos, in the software industry. They both undeniably attribute the success of their projects to mentors. Danny’s grandfather, Will Coppenrath, a rum aficionado who knew the ins-and-outs of the industry, fancied the idea of a luxury Rum bottled with a glass cap. In November 2020, he executed the concept, and launched the Baron Spiced Rum with a label that reads “Mountain with A Way Up”. Sadly, Will passed away due to the effects of the Coronavirus, just a few weeks before the marketing campaign for the rum was scheduled to kick off. However, Danny had spent some time under the wings of his grandfather, who showed him the ropes of the industry, and taught him everything he needed to know to efficiently run the business in Will’s absence. Danny, a few nephews and some other relatives stepped up to run the business and did a stellar job thanks to Will’s mentorship. Today, Baron Spice Rum can be found in over 170 liquor stores, 60 catering services and is sold in more than three different countries. In the same way, Maurice’s exploits in the software industry cannot be mentioned without a vote thanks to his mentor. Seeing the major influence mentors had in the success of both their careers, they were determined to help disadvantaged people globally find mentors that will ignite theirs. They understood that not everyone is lucky enough to have a mentor due to several hindering factors. In Danny’s words: “What if you are in a neighborhood where there are no mentors? Suppose you want to start a business, but you don’t know where to start? What if you want to grow, but don’t know who to turn to? Or what if you have a great idea, but have no one to share it with? Or if you can’t find the motivation to follow your dreams?” And so, the two Rotterdam best friends took it upon themselves to develop an app that connects a mentor and mentee over a video call. It was a very lofty ambition. Without digging into their personal savings for funding and Maurice’s expertise in software development, MentorCalls would be nothing but a dream. They started working on the app during the period of COVID-19 pandemic. The resources from Maurices software company and their joint investment facilitated the development of the MentorCalls project. After 14 months of fervently working on the app developments, the app is now live and available on Android and iOS devices. How MentorCall Changes Lives The major concept behind MentorCalls was providing mentorship programs for people in which a mentor would be otherwise scarce or inaccessible. To this end, MentorCalls is calling all mentors with solid knowledge in different industries and niches to share insight, knowledge and guide upcoming entrepreneurs. According to the MentorCall founders: “Many are already doing most things right. All they need is that extra motivation, or that one piece of missing advice that changes their lives. Nothing motivates a dreamer more than seeing someone who has gone through their struggles and succeeded at the end. Having a live encounter with a fulfilled person in a particular field can cast away doubt and reinforce people’s belief in the realization of their dreams through resilient efforts”. About MentorCalls MentorCalls is the first NFT-powered mobile app that makes mentors – from all corners of the world and across various fields or studies – accessible to people remotely through 1:1 video calls. MentorCall strives to make the world a better place by providing guidance for young talents and encouraging donations to charitable causes. Media Contact Company: MentorCalls Contact Person: Maurice Weber Email: info@mentorcalls.io Website: https://mentorcalls.io/ SOURCE: MentorCalls The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )
TOKYO, Jun 14, 2022 - (ACN Newswire via SEAPRWire.com) - Olympus Corporation ("Olympus" - Director, Representative Executive Officer, President and CEO: Yasuo Takeuchi) announces that from April 2022, the company has begun to exclusively source 100% of the electricity used at its major R&D and manufacturing sites in Japan from renewable sources.As a result, CO2 emissions from Olympus Group facilities in Japan will be reduced by approximately 40,000 tons per year. The percentage of the Olympus Group's total electricity use* in fiscal 2023 (ending March 2023) from renewable energy sources is expected to substantially increase from approximately 14% in the previous fiscal year to approximately 70%.- Transition to Renewable Energy Usage across the Olympus Group (Facilities in Japan and Overseas)FY2020 11.7%FY2021 12.7%FY2022 (estimate) 14% (approx.)FY2023 (estimate) 70% (approx.)*Excluding recently acquired companies, certain service offices, and certain sales offices.Olympus has set a goal of achieving net zero CO2 emissions from its site operations by 2030, as part of its commitment to achieving environmentally responsible business growth and creating a sustainable society. This is a key goal in line with our ESG materiality targets focused on the theme of a "carbon neutral society and circular economy."The company has already introduced a wide range of initiatives to reduce CO2 emissions. This includes the use of 100% renewable energy at some manufacturing sites in Europe and the United States, the installation of solar power generation facilities at some manufacturing sites in Japan, and support of the recommendations made by the Task Force on Climate-related Financial Disclosures (TCFD)*.To achieve its carbon neutral goal, Olympus will continue to optimize manufacturing processes and promote energy-saving measures, is committed to further accelerate the shift to renewable energy sources across the company, thereby contributing to the decarbonization of society on a global level.About OlympusOlympus is passionate about creating customer-driven solutions for the medical, life sciences, and industrial equipment industries. For more than 100 years, Olympus has focused on making people's lives healthier, safer and more fulfilling by helping to detect, prevent, and treat disease; furthering scientific research; and ensuring public safety. Olympus is headquartered in Tokyo, Japan, with more than 30,000 employees worldwide in nearly 40 countries and regions. For more information, visit www.olympus-global.com and follow our global Twitter account: @Olympus_Corp (https://twitter.com/olympus_corp).Olympus ContactCommunicationsContact Olympus: https://www.olympus-global.com/products/contact/*News release "Olympus Targets Carbon Neutrality by 2030 - Adds Carbon Neutrality and Circular Economy to its ESG Materiality and Supports the Recommendations of the Task Force on Climate-Related Financial Disclosures":https://www.olympus-global.com/news/2021/contents/nr02125/nr02125_00001.pdf Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
KUALA LUMPUR, Jun 7, 2022 - (ACN Newswire via SEAPRWire.com) - Yew Lee Pacific Group Berhad, an established manufacturer principally involved in the manufacturing of industrial brushes as well as trading of industrial hardware and machinery parts, was successfully listed today on the ACE Market of Bursa Malaysia Securities Berhad with an opening price of RM0.285 sen per share, compared with the initial public offering (IPO) price of RM0.28 sen per share.Ms. Andrea Huong, Independent Non-Executive Director, Yew Lee; Ms. Lim See Tow; Mr. Andrew Yaw; Ms. Ang Poh Yee, COO & Executive Director; En. Mahdzir Bin Othman, Independent Non-Executive Chairman; Mr. Ang Lee Leong, Managing Director; Ms. Chee Wai Ying, Executive Director; Mr. Ang Lee Seng; Datuk Bill Tan, Managing Director of Corporate Finance of M&A Securities; Mr. Danny Wong, Deputy Head of Corporate Finance; Mr. Woon Soon Fai, Financial Adviser of Eco Asia Capital Advisory[L-R]Thanking the Securities Commission Malaysia, Bursa Securities, M&A Securities Sdn Bhd, Eco Asia Capital Advisory Sdn Bhd and other professionals involved in the IPO, Chairman of Yew Lee Encik Mahdzir Bin Othman said, "I am extremely grateful to share this wonderful moment with the investors, customers and suppliers who have supported our humble company since its inception in 2004 as an industrial brush manufacturer. We are overwhelmed by the positive response and are very pleased with our debut on the ACE Market today."The Company is raising RM37.27 million from the IPO exercise. From the IPO proceeds, RM10.9 million would be used for the purchase of additional machinery and equipment, RM7.3 million for the construction of a new warehouse facility and office building in Pusing, Perak, RM1.8 million for renovation of new office in Klang Selangor, RM8.9 million for the repayment of bank borrowings, RM4.57 million for working capital requirements and RM3.8 million for the listing expenses.Encik Mahdzir also announced that Yew Lee will continue to strengthen their market position as one of the key industry players in the industrial brush industry in Malaysia. "We see this listing as an opportunity to realise our future plans and strategies, including expansion and upgrading of our production facilities as well as developing a range of customisable industrial brushes catering to a diverse customer base.""As such, we have also allocated RM3.6 million from our IPO to make advance purchases on materials to support the increase in our manufacturing activities in tandem with the rise in demand of our range of brushes. This will improve our inventory and availability levels and shorten overall lead time for delivery. The purchase of additional machinery and equipment is also to automate production processes and reduce labour costs."Yew Lee currently has an estimated market share of 12.4% of the total size of the industrial brush industry in Malaysia of RM254.50 million in 2021, based on the Company's revenue from the manufacturing of industrial brushes segment of RM31.60 million during the financial year ended 31 December 2021.The Company plans to automate more of its operations to reduce dependency on labour and intends to expand market share in the trading of machinery parts in the central region of Peninsular Malaysia as well as have a bigger presence in Indonesia and Thailand through Yew Lee Indonesia and Yew Lee Thailand, both of which were established in 2019.The Company recently declared a first interim dividend of RM0.003 sen per ordinary share in respect of financial year ending 31 December 2022 (FY2022) to be paid on 12 July 2022.M&A Securities is the Principal Adviser, Sponsor, Underwriter and Placement Agent for Yew Lee's IPO while Eco Asia Capital Advisory Sdn Bhd is the Financial Adviser for the IPO.Yew Lee Pacific Group Bhd: https://yewlee.com.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
TOKYO, Jun 6, 2022 - (JCN Newswire via SEAPRWire.com) - TOYOTA GAZOO Racing World Rally Team driver Kalle Rovanpera has extended his FIA World Rally Championship lead after completing a clever drive to finish fifth overall in a very demanding Rally Italia Sardegna.Ambient temperatures in excess of 35 degrees centigrade combined with rough and rocky roads to make the island event the toughest challenge yet for the new generation of hybrid Rally1 cars introduced this season. The GR YARIS Rally1 generally ran reliably and fast in the demanding conditions but a couple of small incidents prevented the car from continuing its winning streak for a fourth consecutive rally.Both Elfyn Evans and Esapekka Lappi showed speed and confidence to win stages and take turns in the overall lead, only for significant impacts with the harsh terrain to cause damage that sadly took them out of contention for a top result.As well as gaining valuable lessons for the continued development of the GR YARIS Rally1, the team leaves on a positive note thanks to Rovanpera's fifth place. Running first on the road and sweeping the loose gravel roads as series leader hampered Rovanpera more than on the previous round in Portugal, but the young Finn maintained his trademark cool and delivered another mature performance to stay out of trouble and pick up places as others hit problems. As well as finishing fifth overall he also set the second-fastest time in the rally-ending Power Stage, earning four bonus points to increase his championship lead from 46 to 55 points.Running under restart rules, Evans and Lappi were just behind Rovanpera in the Power Stage results in third and fourth, with Takamoto Katsuta making it four GR YARIS Rally1 cars in the top five in his TGR WRT Next Generation entry. Those results ensure TGR still leads the manufacturers' championship by 39 points.Katsuta finished one place behind Rovanpera in the overall standings in sixth: his fifth top-eight finish from as many events in the Rally1 car.Quotes:Akio Toyoda (Team Founder)"To our mechanics, on this weekend, I feel especially thankful to you all. Both those in Sardinia who fixed Elfyn's and Esapekka's cars for them to restart the next day, and those at Fuji Speedway who worked very hard to fix the damaged GR86 and GR Corolla to get them back into the 24-hour race that Jari-Matti and I were driving in. For us drivers, the hardest thing is not being able to keep driving, because it makes it not possible for us to repay our supporters. Your great effort saved many drivers, including myself, this weekend. I really want to thank all of you who take care of the cars for the team and the drivers, and I appreciate your continued professional work for our ever-better car making. Let's keep working together towards our goal all the time.From:Akio Toyoda, TOYOTA GAZOO Racing founderMorizo, Master driver of Toyota Motor CorporationAkio Toyoda, ROOKIE Racing founderMorizo, Driver of ROOKIE Racing"Kaj Lindstrom (Sporting Director)"It has certainly been a challenging weekend and different to what we came here for, because we go to every rally to try to win. But we are still leading the manufacturers' championship and Kalle has extended his lead in the drivers' championship. You don't need to win every rally to win a championship and Kalle did a really nice performance opening the road, so it was job well done from him. What happened to Elfyn and Esapekka earlier in the weekend was disappointing but this is part of rallying. We have had a very good start to the season with the new regulations and in these rough conditions this weekend we discovered that there are things we can still work on. It's also a good thing to know that there is still potential for us to improve the car and be better on the next events."Elfyn Evans (Driver car 33)"Today we were aiming towards the Power Stage and although we didn't come away with as many points as we would have liked, some points is better than none. It's another difficult weekend for us but there were at least some positives to take away from it, with some good moments inside the car in terms of stage times and in terms of feeling once again. The speed was quite good at many points but things just didn't go our way. Now we try to improve for Kenya."Kalle Rovanpera (Driver car 69)"We knew that today our only goal was to reach the end and try to score some extra points on the Power Stage. The feeling was not as good as I would have liked and it was quite tough but we still managed to be second-fastest, so four more points, together with fifth place on the rally. It was a tough weekend. We just knew that we had to be clever because results like this can be important when we count the points at the end of the year. We scored more than our nearest rival in the championship so we can be quite happy with that."Esapekka Lappi (Driver car 4)"Today we tried something a bit different to help the team for the next rally in Kenya and I think the changes worked really well. Considering we were opening the road, it felt really good. The speed has been great on this event, as it has been on every surface so far this year, and that means that the car is easy to drive. We just need to put it together. Yesterday I think we were a bit unlucky but that's how rallying is sometimes: you get surprises. We'll try to take the positive things from this rally into our next event."For the latest results please visit www.wrc.com.What's next?The legendary Safari Rally Kenya (June 23-26) returned to the WRC calendar in 2021 after almost 20 years. Even in its modern guise, the only African round of the championship provides gruelling conditions on rough and rocky roads as well as high speeds across open plains. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
Ingelheim, Germany and Singapore, Jun 2, 2022 - (ACN Newswire via SEAPRWire.com) - Boehringer Ingelheim and the Agency for Science, Technology and Research (A*STAR) today announced a global licensing agreement under which Boehringer Ingelheim will obtain exclusive worldwide rights to research, develop and commercialize products based on a panel of innovative, tumor-specific antibodies from A*STAR. Boehringer Ingelheim aims to use these antibodies to direct therapeutic effector mechanisms such as antibody-drug conjugates (ADCs) and T-cell engagers exclusively to tumor cells, and to that end develop a range of highly targeted cancer treatments.EDDC staff planning the automation of an antibody engineering process"Boehringer Ingelheim believes that these promising antibodies in-licensed from A*STAR will help us advance potent therapeutic candidates against key molecular cancer targets," says Clive R. Wood, Senior Corporate Vice President and Global Head of Discovery Research at Boehringer Ingelheim and continues: "We look forward to developing these assets for a broad range of cancers with the goal to deliver breakthrough opportunities for patients."Boehringer Ingelheim is pioneering a range of versatile therapeutic platforms in order to develop innovative medicines that target the tumor directly (tumor cell-directed therapies) or that enable the immune system to target the tumor (immune cell-targeted therapies). One tumor cell-directed modality is antibody drug conjugates, which allows for delivery of toxins directly into tumor cells. Another is T-cell engagers facilitating direct contact between T-cells and tumor cells, leading to T-cell-mediated killing of the tumor. Both technologies are directed towards markers on the surface of cancer cells, also known as antigens, in order to attack tumor cells but spare healthy tissues.The innovative antibodies from A*STAR can potentially enable the development of safer, more efficacious therapies as they selectively bind to antigens that are highly expressed on tumor cells but are absent on normal healthy tissues.Under the terms of the agreement, Boehringer Ingelheim will be responsible for further research, preclinical and clinical development as well as commercialization of targeted cancer therapies using the antibodies from A*STAR. A*STAR may receive payments totalling >100 million EUR in upfront and success-based development and commercialization milestones.The technology used to identify the unique A*STAR antibodies resulted from a multi-institutional collaboration in Singapore. A*STAR's Genome Institute of Singapore (GIS) and Institute of Bioengineering & Bioimaging (IBB) generated antibodies which exclusively target antigens that were initially identified from gastric cancer cells. Experimental Drug Development Centre (EDDC), Singapore's national platform for drug discovery and development hosted by A*STAR, then optimized the antibodies and confirmed their applicability to a range of other solid cancers. EDDC also demonstrated the utility of these antibodies in directing different therapeutic modalities selectively to cancer cells.Professor Damian O'Connell, Chief Executive Officer of EDDC, says, "As Singapore's national drug discovery and development platform, EDDC is proud to translate great science in Singapore into valuable assets that can enable the precision treatment of cancer. We believe that Boehringer Ingelheim, with its broad expertise and technologies, is the right partner to maximize the potential of these antibodies for the development of safer, more targeted therapies for cancer patients."Professor Tan Sze Wee, Assistant Chief Executive (Enterprise) of A*STAR, says, "These antibodies were developed in Singapore through close collaboration across multiple institutions. There was also strong support by the Singapore Gastric Cancer Consortium. The agreement is testament to the best-in-class research taking place in Singapore. Cancer is a devastating disease, and we hope the fruits of our research can improve patient outcomes."ANNEX A - Innovative antibody enables targeted treatment of solid tumours (Infographic)ANNEX B - About the Research Partners in SingaporeSee: https://www.acnnewswire.com/docs/Multimedia/ASTAR-BI.pdfFor media queries and clarifications, please contact:Dr. Reinhard MalinInnovation Unit CommunicationsCorporate AffairsBoehringer Ingelheim Tel: +49 6132 77-90815Email: reinhard.malin@boehringeringelheim.comOwen SiaAssistant Head, Corporate CommunicationsAgency for Science, Technology and ResearchTel: +65 6517 7866Email: owen_sia@hq.a-star.edu.sg About Boehringer Ingelheim Boehringer Ingelheim is working on breakthrough therapies that improve the lives of humans and animals. As a leading research-driven biopharmaceutical company, the company creates value through innovation in areas of high unmet medical need. Around 52,000 employees serve more than 130 markets in the three business areas, Human Pharma, Animal Health, and Biopharmaceutical Contract Manufacturing. Learn more at www.boehringer-ingelheim.com.Boehringer Ingelheim in Oncology Boehringer Ingelheim is a family-owned company committed to pioneering treatment advancements in some of the most challenging and most impactful areas of cancer. Our goal is to transform the lives of people with cancer by delivering life-enhancing innovations in areas of high unmet need. Our aspiration is to deliver faster and better treatment options for people with cancer today, tomorrow and beyond. Our rich pipeline of next-generation oncology treatments is comprised of cancer cell-directed and immuno-oncology therapies, the smart combinations of which may hold the greatest benefit for most patients.In immuno-oncology, we aim to turn poorly immunogenic "cold" tumors into immunogenic "hot" tumors through complementary platforms, including Antibody Drug Conjugates (ADCs), T Cell Engagers (TCEs), oncolytic viruses, and cancer vaccines. For cancer cell-targeted treatments, we address the key drivers of cancer, e.g., KRAS, p53, Beta-catenin and MYC, where there has been no hope for patients for a long time. We proactively collaborate with patients, advocacy organizations, the world's leading academic and industry, because we believe together, we can make a bigger impact in transforming the lives of people with cancer.About the Agency for Science, Technology and Research (A*STAR)The Agency for Science, Technology and Research (A*STAR) is Singapore's lead public sector R&D agency. Through open innovation, we collaborate with our partners in both the public and private sectors to benefit the economy and society. As a Science and Technology Organisation, A*STAR bridges the gap between academia and industry. Our research creates economic growth and jobs for Singapore, and enhances lives by improving societal outcomes in healthcare, urban living, and sustainability. A*STAR plays a key role in nurturing scientific talent and leaders for the wider research community and industry. A*STAR's R&D activities span biomedical sciences to physical sciences and engineering, with research entities primarily located in Biopolis and Fusionopolis. For ongoing news, visit www.a-star.edu.sg. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
MELBOURNE, May 23, 2022 - (ACN Newswire via SEAPRWire.com) - An osteoporotic fracture occurs every three seconds worldwide.(1) More than 50 per cent of the world's hip fractures are expected to occur in the Asia Pacific over the next two decades.(2) This is due to the region's rapidly aging population, mounting urbanisation, and subsequent increase in sedentary lifestyles.(2)A digital media kit is available at www.apcotoolkit.org.In an effort to stem this health crisis, the Asia Pacific Consortium on Osteoporosis (APCO) will launch a Bone Health QI Tool Kit for healthcare professionals on Tuesday, May 24, 2022, to promote quality improvement of osteoporosis care.This world-first tool kit, encompassing multiple components in the screening, diagnosis, and management of osteoporosis, will help to promote multi-sector healthcare professional engagement and cooperation, to address this looming healthcare catastrophe.- Osteoporosis - the most common disease - is characterised by porous and brittle bones, whose density and quality are poor, resulting in structural skeletal deterioration.(1)- The disease is greatly under-diagnosed, and under-treated in Asia, even among those at highest risk who have already fractured.(3)- The Asia Pacific is home to 4.5 billion people and vastly different healthcare systems.(4)- Over the next two decades, a staggering 319 million people aged 50+ from the Asia Pacific are projected to be at high risk of osteoporotic fracture.(5)- Moreover, the number of hip fractures are projected to more than double in Asia, from 1.13 million in 2018, to 2.54 million in 2050.(5)References:(1) International Osteoporosis Foundation (IOF). Capture the fracture. [Oct, 2021]; Available from: https://www.capturethefracture.org/about.(2) Chandran M, et al., Development of the Asia Pacific Consortium on Osteoporosis (APCO) Framework: clinical standards of care for the screening, diagnosis, and management of osteoporosis in the Asia-Pacific region. Osteoporos Int., 2021. 32(7): p. 1249-1275.(3) International Osteoporosis Foundation. Key statistics for Asia. [cited October 2022]; Available from: https://www.osteoporosis.foundation/facts-statistics/key-statistic-for-asia.(4) Oden, A., et al., Burden of high fracture probability worldwide: secular increases 2010-2040. Osteoporos Int, 2015.26(9): p. 2243-8.(5) Cheung, C.-L., et al., An updated hip fracture projection in Asia: The Asian Federation of Osteoporosis Societies study. Osteoporosis and sarcopenia, 2018. 4(1): p. 16-21.For more information contact: Kirsten Brucekirstenbruce@vivacommunications.com.au Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
KARIYA, JAPAN, Apr 29, 2022 - (JCN Newswire via SEAPRWire.com) - DENSO, a leading mobility supplier, today announced its global financial results for its fiscal year, ending March 31, 2022:- Consolidated revenue totaled 5,515.5 billion yen (US$45.1 billion), a 11.7 percent increase from the previous year.- Consolidated operating profit totaled 341.2 billion yen (US$2.8 billion), a 120.0 percent increase from the previous year.- Consolidated profit attributable to owners of the parent company totaled 263.9 billion yen (US$2.2 billion), a 111.0 percent increase from the previous year."Both revenue and operating profit increased compared to the previous year due to recovery of vehicle sales from COVID-19 and profit improvements, though semiconductor shortages and other challenging business conditions occurred," said Yasushi Matsui, senior executive officer and member of the Board of Directors of DENSO Corporation. "We forecast for the next fiscal year 6,350.0 billion yen (US$51.9 billion) in revenue and 560.0 billion yen (US$4.6 billion) in operating income. While it is difficult to project how the business environment might change, we will expand ADAS and Electrification product sales, make gains through profit improvements and enhance our management foundation, strengthening our ability to cope with market changes."In Japan, revenue increased to 3,515.1 billion yen (US$28.7 billion), up 10.6% from the previous year, and operating profit was 188.9 billion yen (US$1.5 billion), up 735.6% from the previous year.In North America, revenue increased to 1160.2 billion yen (US$9.5 billion), up 13.1% from the previous year, and operating profit was 4.3 billion yen (US$34.8 million), decreased 70.9% from the previous year.In Europe, revenue increased to 561.4 billion yen (US$4.6 billion), up 8.0% from the previous year, and operating loss was 3.4 billion yen (US$27.4 million).In Asia, revenue increased to 1,637.9 billion yen (US$13.4 billion), up 25.6% from the previous year, and operating profit increased to 143.8 billion yen (US$1.2 billion), up 29.1% from the previous year.In other areas, revenue increased to 76.6 billion yen (US$0.6 billion), up 89.6% from the previous year, and operating profit increased to 15.5 billion yen (US$126.4 million), up 121.1% from the previous year. Copyright 2022 JCN Newswire. All rights reserved. (via SEAPRWire)
JAKARTA, Apr 29, 2022 - (ACN Newswire via SEAPRWire.com) - Wintermar Offshore Marine (WINS:JK) has announced results for 1Q2022. Total revenue was up 3% YOY to US$10.5 million, with stronger chartering revenues compensating for a drop in Owned Vessel revenue from COVID-19 delays.Oil prices spiked in 1Q2022 as a result of the war in Ukraine and sanctions against Russian oil and gas. The ensuing oil shortage sparked a rise in investment in oil exploration and a resurgence in drilling programs in Asia.The Company was impacted quite severely by a spike in Omicron infections on the fleet, which led to prolonged delays in the commencement of operations in international as well as domestic charters in 1Q2022. Owned Vessel revenues declined but this was compensated by a jump in revenues from the Chartering and Other Services Divisions.Owned Vessel DivisionSeveral vessels were infected with COVID-19 in 1Q2022 and had to be quarantined. Emergency crew changes were arranged, but revenues were penalized due to the resulting delays while higher costs were incurred as vessels had been fully crewed in anticipation of on-hire. Crew salary was flat YOY at US$2.1million, operations and maintenance costs rising by 40%YOY and 23%YOY respectively in preparation for new contracts. Fuel was significantly higher at US$0.67 million due to the one-off cost of international mobilization and demobilization of vessels due to different locations for on- and off-hire. This led to a 21% YOY decline in Owned Vessel revenue to US$6.6 million, while direct costs rose by 10% YOY.During the quarter, the Company purchased an additional 4 vessels, comprising one PSV, 2 units of 5,000 BHP AHTS and 1 unit of 6,000 BHP AHTS. Two of these vessels are being modified for reactivation while the other two are finishing off existing contracts and providing some charter income. As 4 of the 6 vessels acquired since 4Q2021 were undergoing docking and reactivation in 1Q2022, there are no revenues arising whereas costs have started to incur. All these reasons led to a gross loss of US$0.58 million from the Owned Vessel Division.Chartering and Other ServicesGross Profit from Chartering jumped by 260% YOY to US$0.37 million with the addition of three new contracts in Brunei, while Other Services Division saw a 49% increase in gross profit to US$0.38 million.Total Gross Profit for 1Q2022 was US$0.18 million compared to US$2.1 million in 1Q2021.Indirect Expenses and Operating ProfitThe biggest contribution to a rise in Indirect Expenses was a rise in staff salaries which increased by 47% due to the annual discretionary bonuses paid out in March, and an increase in staffing. The Company also readjusted salaries in 2021 to reverse most of the salary reductions volunteered by employees when the COVID-19 started in 2020. With the increase in indirect expenses, the Company recorded an Operating Loss of US$1.18 million.Other Income, Expenses and Net Attributable profitInterest expenses fell by 51% YOY to US$0.36 million in line with much lower gearing while the stronger Rupiah also resulted in an FX loss of US$0.03 million. Loss in earnings of associate amounted to US$0.07 million after recording a small profit in 1Q2021 while there was a tax penalty of US$0.15 million in a subsidiary.Net loss attributable to shareholders for 1Q2022 was US$1.8 million compared to a loss of US$0.34 million in 1Q2021. EBITDA for the quarter was US$1.7 million from US$4.3 million in 1Q2021. Outlook for Oil and Gas explorationAfter the sharp spike, releases of strategic oil reserves by the US and downward revisions to 2022 oil demand arising from COVID-19 lockdowns in China have taken some pressure off oil prices. With Brent crude oil prices settling around the US$100/barrel mark, and sanctions against Russian oil, there is still a huge incentive for oil exploration. In Asia, there is stronger demand for oil services as new drilling projects have been announced. In Indonesia, Pertamina has announced a plan to drill 29 exploration wells and 813 development wells in 2022 while private oil companies are also planning drilling campaigns.In 2021, global offshore investment in EPC (Exploration, procurement and construction) grew by 200% YOY to US$42 billion and with the Ukraine invasion, 2022 is expected to see further growth. Below is a chart from Westwood Global Energy projecting sustained higher levels of global offshore investment.Strategy and OutlookThe Company embarked on a capital expenditure plan in 4Q2021 and to date has acquired a total of 6 vessels ranging from 5000BHP AHTS to Platform Supply Vessels. After docking and reactivation, these vessels will be ready for operations in mid 2Q2022, in time for an anticipated pick up in demand as drilling campaigns start by mid 2022.In Asia, there are projects starting in Thailand, Malaysia, Brunei and India which require higher value support vessels. Charter rates are still constrained in Indonesia due to low budgets set last year, but some projects which were delayed are now expected to commence operations in the coming months. We are optimistic that the long awaited recovery in drilling is underway. Contracts on hand as at the end March 2022 totalled US$64 million. About Wintermar Offshore Marine GroupWintermar Offshore Marine Group (WINS.JK), developed over nearly 50 years with a track record of quality that is both a source of pride and responsibility that we are dedicated to upholding, and sails a fleet of more than 48 Offshore Support Vessels ready for long term as well as spot charters. All vessels are operated by experienced Indonesian crew, tracked by satellite systems and monitored in real-time by shore-based Vessel Teams.Wintermar is the first shipping company in Indonesia to be certified with an Integrated Management System by Lloyd's Register Quality Assurance, and is currently certified with ISO 9001:2015 (Quality), ISO14001:2015 (Environment) and OHSAS 18001:2007 (Occupational Health and Safety). For more information, please visit www.wintermar.com.Ms. Pek Swan Layanto, CFAInvestor RelationsPT Wintermar Offshore Marine TbkT: (62-21) 530 5201 Ext 401E: investor_relations@wintermar.comDISCLAIMERCertain statements made in this publication involve a number of risks and uncertainties that could cause actual results to differ materially from those projected. Certain statements relating to business and operations of PT Wintermar Offshore Marine Tbk and Subsidiaries (the Company) are based on management's expectations, estimates and projections. These statements are not guarantees of future performance and involve risks, uncertainties and assumptions that are difficult to predict. Therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such statements. The information contained in this release is not intended to qualify, supplement or amend information disclosed under corporate and securities legislation of any jurisdiction applicable to the Company and should not be relied upon for the purpose of making investment decisions concerning any securities of the Company. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
KUALA LUMPUR & TAIPING, Apr 27, 2022 - (ACN Newswire via SEAPRWire.com) - It's time to visit the Spritzer EcoPark in Taiping, Perak and see the exciting Hari Raya Balik Kampung Bersama upcycling decorations from 19 April to 31 May 2022 with free admission.The EcoPark has upcycled thousands of Spritzer Natural Mineral Water bottles into traditional decorations in the spirit of Hari Raya Aidilfitri. Visitors will be welcomed by a main arch with the sight of festive decor, including ketupat wraps, daybeds and pots reminiscent of a traditional kampung household.Muslim visitors and their families and friends can stroll through the EcoPark, break their fast amid a pristine setting at cosy STG Cafe and enjoy an evening of togetherness while taking selfies and pictures capturing the fully decorated park as keepsakes.Spritzer EcoPark has a host of activities and attractions for visitors from 30 April to 8 May 2022, including pedal kart rides, Balik Kampung lollipops and ketupat chocolates to sweeten the palate and Tropical Fizz drinks by Spritzer Sparkling to quench thirst. The Souvenir Shop and Water Shop promotions will also be held during this period.Other fun activities lined up from 30 April to 8 May 2022 include:- DIY workshop for floral crafting, flower baskets and crafting- Snap and post pictures of the festive decor or activities to win lucky draw prizes- Surprise gifts daily to be redeemed by the first three birthday stars of the dayIn conjunction with Mother's Day, there will be additional activities like manicure services, body art painting and customised illustrations* from 6 to 8 May 2022.Visitors are encouraged to enjoy themselves in a safe manner. Spritzer will continue to adhere strictly to all standard operating procedures, and encourages checking in through MySejahtera, having masks on at all times and sanitising of hands.Image download link: https://bit.ly/3vPATEYSpritzer Bhd: [Bursa: SPRITZER; 7103] [RIC: SPTZ:KL] [BB: SPZ:MK] [OTC: SPZRF]Spritzer Bhd: https://www.spritzer.com.my*For more information and assistance, contact Ms. Peiwei (+6018-386 2663) / Ms. Emi (+6016-542 5915). Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
SARAWAK, Malaysia, Apr 20, 2022 - (ACN Newswire via SEAPRWire.com) - When talking about Sarawak, many will focus on the state capital of Kuching, the administrative centre since the time of James Brooke, steeped in history and rich in cultural diversity of people from various ethnic backgrounds.Many tend to overlook another interesting district, Miri, which is undergoing rapid development and not short of its own travel attractions.The district, which is the second largest in Sarawak, is a fascinating tourist destination with its own history. This is the town where oil was first discovered in Malaysia and an archaeological site where the oldest human remains in Southeast Asia were found.Miri is also the first non-capital town to be granted city status on the 20th of May 2005, with the title "Bandar Peranginan" or "Resort City".Indeed, the Resort City of Miri is a one stop centre with various interesting treasures to be enjoyed by travellers.THE GRAND OLD LADYThe writer had a chance to participate in a tour organised by Sarawak Tourism Board (STB) to visit several interesting sites in Miri.The first location is the Grand Old Lady in Canada Hill. The view from the top of the hills is panoramic and mesmerizing, suitable for those looking for peaceful surroundings and also for family outings.There is an old oil well on the hill called The Grand Old Lady, once described as a 'mother' producing precious resource for the people of her land.The Grand Old Lady is the first oil well in Malaysia, drilled in 1910, and producing oil for 62 years. The well was drilled manually every day by local workers to extract the oil. The well produced 660,000 barrels of oil throughout its operations before it was shut down on the 31st of October, 1972.The oil well sparked the development of the oil industry in the district and has indirectly transformed Miri from a sleepy fishermen's village in the 20th century into a modern and thriving city in the 21st century.For all history lovers, this is a must visit landmark as it is rich in historical information and you are advised to hire a knowledgeable guide to give you a thorough briefing. The tour guide provided to us by STB was Maza Hamden, who is young but highly experienced. He gave a detailed description of the first well, as good as a Google search, with complete information from the top of his mind with just 'one click'.Every significant date, even its oil producing capacity, hundreds of years of history was explained clearly to us without a single note in hand, indicating that the youngster is very well-versed in the history of his home state.NIAH CAVESHome to many national parks, Sarawak is full of natural wonders. In total, it has 23 national parks open to the public, one of which is the famous Niah National Park. Interestingly, Niah National Park houses the oldest cave in Malaysia which is also one of the largest limestone cave system in the world.Even though in terms of size, the Niah National Park is among the smallest in Sarawak, it is clearly the most important and attracts a lot of tourists. One of the reasons for this is the discovery of 65,000 year-old human fossils (based on the latest research in 2017) in Niah Caves, making it the earliest known human dwelling in Southeast Asia. Niah Caves is open to the public every day. Visitors can just 'walk-in' to the registration counter or take a private guided tour package to the Niah Caves offered by travel agencies.For the writers trip recently, STB provided an Iban Tour Guide, Boniface Haikal Abdullah who gave us a detailed briefing on the history and structure of the Niah Caves. Thus, we were more than amazed at its significant historical value. Before making the journey here, visitors are advised to make full preparations such wearing appropriate gear, bringing a torch light and raincoat. The dark chambers and slippery surfaces filled with bat droppings would hamper movement, especially without the proper footwear. According to Boniface, bat droppings in the caves are collected in sacks and used as fertiliser for the agricultural sector. One interesting fact is that before entering the Niah Caves, visitors will past through the Traders Cave, a marketplace for bird's nest traders to sell their harvests. We can still see remnants of huts built during the 50s. The Niah Caves is also the nesting location for swiftlets, with the nests being a source of income for the locals. However, the authorities monitor the collection of the bird's nests in the area to ensure a sustainable population. Another interesting sight here is the house built by Sarawak Museum Curator, Tom Harosson and his wife Barbara Harisson, back in 1958.The couple were the ones who made the hugely important discovery of a human skull on the eastern part of the main entrance of the Niah Caves. After an exhausting 3.5 km walk from the main entrance, visitors can take a break to visit the Inap Desa Rh Patrick Libau Longhouse, to observe first-hand how long house dwellers live their daily lives. The writer also had the opportunity to meet with Homestay Advisor, John Abau Anak Ujang who served us traditional Iban cuisine called pansuh. He was ably assisted by his wife, who served us ayam pansuh (chicken cooked in bamboo), ikan kelah pansuh (freshwater fish cooked in bamboo), sayur rebung masak lemak (spicy creamy bamboo shoots) and paku pakis (ferns). Of the four dishes, we have only tried the paku-pakis in Kuala Lumpur. It was the first time we sampled local delicacies such as pansuh. It was a truly amazing experience that can be shared with friends in Kuala Lumpur. According to John Abau, he and his wife often served this traditional dish to tourists upon special request. MIRI CROCODILE FARMApart from historical sites and ecotourism attractions, The Miri Crocodile Farm and Wildlife Mini Zoo is also a must-see local attraction for tourists.Sarawak is synonymous with crocodiles. It is quite common to see signboards warning people of crocodiles on pathways in Sarawak. There is also the famous legend of a giant crocodile called Bujang Senang, which is well known throughout Malaysia.The Miri Crocodile Park has more than 2,000 crocodiles including an albino one. The park is still sustainable although it faced severe challenges due to the Covid-19 pandemic which affected the travel industry as a whole. In addition to crocodiles, The Miri Crocodile Farm and Wildlife Mini Zoo is also home to about 60 birds and exotic animals such as eagles, pythons, and iguanas to provide visitors with a better understanding of their natural habitat. Here, visitors can purchase products made from crocodile skin including belts, hats and wallets. Tickets to the Miri Crocodile Park can be purchased at RM25 for adults and RM1 for kids. MIRI'S AESTHETICAL QUALITIES Miri has its own unique aesthetical qualities that sets it apart as a tourist destination, without being overshadowed by other districts in Sarawak. Apart from the Grand Old Lady oil well, Niah Caves and Miri Crocodile Farm, Miri has other interesting and relaxing destinations such as Coco Cabana, a tranquil location to view the sunset. Visitors can take picturesque romantic photos with their loved ones and families. They can also see the iconic seahorse landmark of Miri. Visitors to Miri must not miss the opportunity to visit the Miri Handicraft Centre to see various unique works of art produced by the Sarawak native community, including their famous woven items. Last but not least, a visit to Sarawak would not be complete without bringing home the Sarawak layered cake. Tourists can get it either from the Saberkas Night Market, Kek Lapis Siti Payung outlet, or from the Miri Airport.Niah National Park: https://niahnationalpark.my/ Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)



















