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IDG Capital Vietnam Confirms Investment in METAIN to Lead NFT-Empowered Real Estate Trend in Vietnam

Vancouver, Canada, March 7, 2022 – (SEAPRWire) –  IDG Capital Vietnam – the leading Ventures capital with strong focus on high-quality technology startups confirms their investment in METAIN – the first co-investment platform based on blockchain and NFT technology in Vietnam. This partnership is expected to foster the development of NFT real estate and attract more global investors to invest in Vietnam proptech empowered by blockchain technology. Real estate investment promises a very high ROI with the least risk among other investment types (e.g stocks, crypto, saving, open-ended funds, etc.); however, its characteristic creates high entry barriers for individual investors, including big investment capital and an inconvenient, time intensive multiple-transaction process. METAIN is the blockchain-empowered co-investment platform focusing in real estate, whose vision is to provide high-yield, transparent and secured investment opportunities to middle-income customers. The platform aims to grow the Vietnam real estate investment market and improve its accessibility using blockchain technology to complement, not replace, existing reliable approaches. To guarantee its commitment of protecting individual investors, METAIN is following REIT regulation, partnering with high reputation firms for bank trustee service, tax and financial auditing and legal consulting. Those globally recognized partners would be announced shortly within the next month. IDG Capital also shows their ambition to lead the NFT Real estate trend and reveal their plan to proactively engage with global investors to attract investment into the Vietnam real estate market. About the potential of METAIN, Mr. Duc Tran – General Partner at IDG Capital Vietnam said: “METAIN is the first blockchain startup that IDG Capital Vietnam invests in. Unlike other similar projects, METAIN team has a very smart approach in their choice of investment targets. Income-producing property is real estate you invest in to make money from current rental payments, appreciation in market price, or adding value with additional revenue streams. Last but not least, their aims are only around Central Business District properties whose evaluations are the most stable with an all-time uptrend, comparing to other options.”  “With the high security, instantaneous settlement, transparent seamless transaction process blockchain, smart contract and NFT (Non-fungible token) technology is transforming the real estate industry and will become the key trend in the next decades. The next challenges would be how to protect investors’ pennies with a reliable setup and how to grow these pennies via choosing right investment assets to acquire. And we believe that we are on the right track of that.” said Mr. Nhan Tran, CEO of METAIN. Social Links: Twitter: https://twitter.com/METAINio Facebook: https://www.facebook.com/MetainOfficial Telegram: https://t.me/metainglobal Discord: https://discord.io/METAINio  IDG Website: https://www.idgcapitalvietnam.com/ Media Contact Company Name: METAIN INVESTMENT GROUP INC. Contact Person: Ms. Denise Thi, CMO  Company E-mail: denise.thi@metain.io Website: https://metain.io SOURCE:  METAIN INVESTMENT GROUP INC. The article is provided by a third-party content provider. SEAPRWIRE makes no warranties or representations in connection therewith. Any questions, please contact cs@SEAPRWIRE.com Sectors: Top Story, Daily News SEAPRWIRE (www.seaprwire.com) offers newswire service in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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Myanmar Government Approved USD 3.82 Billion in Foreign Investment and USD 651 Million in Domestic Investment in First Year of State Administration Council

NAY PYI TAW, MM, Jan 27, 2022 - (ACN Newswire via SEAPRWire.com) - The Myanmar Government said today it has approved USD 3.82 billion equivalent in foreign investments and USD 651 million equivalent in domestic investments in the first year since the State Administration Council (SAC) took office. The investment commitments underscore confidence in the country's economic potential amid a return to national stability and efforts to increase vaccination rates to contain the COVID-19 pandemic.The Ministry of Information (MOI) and the Ministry of Investment and Foreign Economic Relations (MIFER) released the latest investment figures for the country for the period between 1 February 2021 - when a Proclamation was issued - and 20 January 2022.The SAC was formed on 2 February 2021, a day after the Proclamation was issued after the failure to settle the issue of voter list fraud and malpractices in the 8 November 2020 elections, and to postpone parliament sessions. A state of emergency was declared in accordance with Article 417 of the 2008 Constitution of Myanmar.Despite destruction of public property, attacks on Government personnel and attempts to sabotage the domestic economy by the so-called People's Defense Force - with clear support from foreign elements - the SAC had largely restored national stability by the second half of 2021. Myanmar faced a second crisis, a health pandemic that arose from the outbreak that was first detected in the country in March 2020. However, due to intense efforts to contain COVID-19, schools, universities have reopened, and most commercial activities have resumed in recent months with the vaccination of at least 60% the country's population (above 18 years) to date.The MOI and MIFER said among the 50 domestic (citizens') investments approved in the past year, seven were for projects in the services sector with investment value of USD 427.34 million equivalent and 29 were for manufacturing projects with investment value of USD 74.58 million equivalent. The mining, power and construction sectors also attracted sizeable citizens' investments during this period.Foreign investments approved in the past year included a USD 2.5 billion project to construct a liquefied natural gas (LNG) power plant, the two Ministers said. The People's Republic of China (PRC), apart from being the largest trading partner of Myanmar, is the largest foreign investor in the country. Among the non-PRC foreign investments approved in the past year were one from Japan (USD 516.43 million), four from Singapore (totaling USD 442.20 million), two from Thailand (totaling USD 75.50 million) five from South Korea (totaling USD 66.17 million) and seven from Hong Kong (totaling USD 60.09 million). The Government estimates that the foreign investments over the past year led to the creation of 25,383 new jobs while domestic investments added a further 11,879 new jobs, or a total of 37,262 jobs.Myanmar Government is accelerating efforts to improve trade flows with and investments from countries such as Russia that, until recently, have not been among its leading economic partners. Prior to the pandemic, which curtailed business travel and activities, Myanmar-Russia bilateral trade had increased 30% in FY2019-2020 (November to October) compared to the year earlier.Despite the challenges of the pandemic Myanmar and Russia are actively formulating a Bilateral Strategy for Development of Economic Cooperation. The latter has already led to a first virtual business matching session attended by dozens of business leaders from both countries last September. A second such virtual session will be held on 31 January 2022. The two countries, which signed an Inter-Governmental Joint Commission for Trade and Economic Cooperation in August 2014, plan to hold its third Joint Commission meeting, physically, in Nay Pyi Taw in the near future. Russian corporations have invested USD 94 million in Myanmar, mostly in the oil and gas sector, and the country currently ranks 22nd out of 52 foreign investors. Myanmar Government will support the extension of Russian investment interest to sectors such as mineral processing, solar energy, railway and ICT, aviation, automobiles and tourism."Economic recovery is a major priority as the country recovers from two crises and prepares for multi-party elections to be held by August 2023," said MOI Minister Mr. Maung Maung Ohn and MIFER Minister Mr. Aung Naing Oo in their joint statement. "Due to good weather, Government financial support such as concessionary loans, and the relatively low impact of the pandemic compared to other sectors, the agriculture, fisheries and livestock sectors are reporting healthy growth. As workers return to workplaces in the past few months, the influx of new domestic and foreign investments will also contribute to job creation," they said.These factors along with national stability and improved vaccination rates will help Myanmar register a modest economic recovery in 2021-2022 after a single-digit contraction of its Gross Domestic Product in 2020-2021 - which is less dire than forecasts of some international economists."While certain quarters of the international community publicly discourage economic cooperation with Myanmar, the country continues to record substantial trading volume as well as domestic and foreign investments. Many of our foreign partners choose to work quietly with us, fully recognizing Myanmar's economic potential as well as its unique challenges," the two Ministers said."We have shared with foreign partners our efforts to deal with economic sabotage in the form of attempts to boycott Government revenue, shake confidence in financial institutions and destabilise the kyat. Despite these challenges, our Ministries and Government departments have been working diligently away from public glare to increase trade and investment flows," they added. "These efforts have clearly borne fruit and we seek to increase such activities domestically and with foreign partners." (1) Equivalents based on exchange rate of approximately USD1.0 to 1,771 kyat as at 26 January 2022.Issued by Ministry of Information, Union Government of MyanmarFor more information, please contact mediacontact@e-information.gov.mm or myintkyawmoi@gmail.com. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Hong Kong’s First Virtual Investment Forum: From SPAC To Metaverse held Jan 20

HONG KONG, Jan 24, 2022 - (ACN Newswire via SEAPRWire.com) - Hong Kong's 2022 Virtual Investment Forum "Invest For A Better World With Innovation: From SPAC To Metaverse" was held on January 20, the first regional event aligning investors in the Metaverse with startups seeking funding. The Forum was co-organized by LBS Communications with New Vision Asset Management and Mileage Communications (Singapore), with the support of media platform partners Futu and Hong Kong Economic Digest. Distinguished speakers were invited to tap the hottest topics in the capital markets: SPACs and Metaverse. The morning session featured SPAC best practice. Mr Claudius Tsang, CEO at A SPAC (Holdings) considered SPAC listings; Mr Robson Lee, Partner at Gibson Dunn and Mr Gordon Tsang, Partner at Stevenson Wong & Co, hit SPAC listings, de-SPAC transactions and risk factors from US, Hong Kong and Singapore perspectives. Mr. Yiu Ting Tsoi, President and CFO, Sieger Acquisition, spoke on IR strategy in the positioning of SPACs.The afternoon session focused on Metaverse investment. Mr James Lei, a Director at Hong Kong Applied Science and Technology Research Institute (ASTRI), spoke on effective real strategies to ride the Metaverse wave; Mr Gilbert Ng, Co-Founder of P.Mari, described compliance trends and regulatory directions in the virtual asset industry; Mr Robert Luo, Co-founder of NVC Media, introduced GameFi, the most advanced virtual development trend; and Mr Evan Auyang, Group President at Animoca Brands, introduced Animoca's unique investment strategies, limited not only to the hottest metaverse, Sandbox. Panel discussions covered SPAC and de-SPAC, strategies for maximizing returns by investors, strategies for start-ups, and strategies for investing in the Metaverse. Panelists shared personal experiences and unique insights from the forum's warm, comfortable atmosphere. More than 300 institutional investors, listed company executives and start-up representatives attended the 2022 Virtual Investment Forum, with many gathering in the virtual lounge area afterwards for further discussions around the Metaverse.Ms Joanne Chan, Managing Director at LBS Communications, said, "Metaverse has become an inevitable topic in the investment community - it's a new field which Big Tech and gaming companies are competing to develop. Even the most renowned companies have acquired virtual brands to tap this market. At the same time, the Hong Kong Stock Exchange has formally implemented a SPAC listing mechanism. This means that many innovative, emerging companies will become M&A targets, providing an additional financing channel for those that are interested in entering the Metaverse."LBS proposed the virtual SPAC To Metaverse Forum in Hong Kong, inviting experts and investors to share knowledge and insights from a forward-looking perspective, creating an effective communications platform for the capital markets, disseminating investment information in sync with the times, and winning community recognition for the first event of its kind. In the era of diversified development in capital markets, we are happy that start-ups in emerging industries can gain sustainable momentum and happy to see greater opportunity for investors and for enterprises, achieving a win-win situation," said Ms Chan."After 11 years, LBS continues in its service mission to 'Leverage Big Strategy': improving traditional communications and IR services by expanding its investor networks around the world, staying on top of latest developments and apprising of market trends, continuing to expand our business and service coverage so that we are able to follow our clients' strategies and maximize them to effect. ESG, for example, helps companies explore advantages in fields of sustainable development, and creates new opportunities for our clients to communicate with investors. LBS hopes the Forum series will continue to uncover opportunities, and develop diverse information exchange channels," Ms Chan said.Distinguished speakers, SPAC morning session-- Mr Claudius Tsang, CEO, A SPAC (Holdings) Group Corp-- Mr Robson Lee, Partner, Gibson Dunn (Leading law firm in Singapore) -- Mr Gordon Tsang, Partner, Stevenson, Wong & Co. (Leading law firm in Hong Kong)-- Mr Yiu Ting Tsoi, CEO of HB Ventures-- Mr Gary Chan, CEO, Greater China, The CFO Centre Distinguished speakers, Metaverse afternoon session-- Mr Evan Auyang, Group President, Animoca Brands -- Mr Ben Caselin, Head of Research & Strategy, Atom Asset Exchange (AAX) -- Mr Wuszt Wu, Head of Huobi Key Accounts, Asia Pacific, Huobi Global -- Mr Fred Wong, Founder and CIO, eFusion Capital -- Dr James Lei, Chief Technical Adviser of Joint Labs in Asia, Ether Data -- Mr Kenneth Wang, CPO and Investment Manager, New Vision -- Mr Gilbert Ng, Founder, Mura Capital and crypto legal consultant-- Mr Robert Luo, Co-Founder, NVC Media Featured HK Startups, Unicorns-- Avalon Biomedical Management - Public health and infection control -- RV Auto Tech - Automation robotics technologies and global SaaS platform-- Prenetics - A major genetic testing company with a team of 700+ employees and operations across 9 regions; to list on Nasdaq following merger with Artisan Acquisition, a SPAC founded by Adrian Cheng-- iRecycle - AI and big data analysis to maximize coverage and efficiency in recycling business-- ESG Growth - First of its kind in HK, SaaS platform for in-house ESG data management-- Neufast - Multi-lingual AI video and cloud solution provider with 50 years in data science & I/O Psychology-- Digit Sense - Digitial transformation and total solutions provider with global presenceFeatured Digital Assets Investments-- New Vision - One-stop brokerage, fund management, and fintech trading solutions; a VC opportunity-- NVC - GameFi Investment -- Animoca Brands - Known as Sandbox' parent company, broad portfolio of blockchain games; prolific investor, 150+ investments in NFT-related blockchain companies-- Huobi Global - World-leading cryptocurrency exchanges, digital asset management services; millions of users, 170 countries and regions-- Huobi Tech - Leading provider of virtual asset services for professional and institutional investors around the world-- AAX - Borderless exchange catering to global audience, powered by LSEG technology; offers high-yield savings packages, liquid futures markets, discounts on major tokens, range of on-ramps.-- Ether Data - A decentralized computing ecosystem based on Ethereum Smart Contract technology, DSB (Disk Storage Banking)'2022 Virtual Investment Forum - From SPAC To Metaverse' is online at: www.lbs-forum.com or http://forum.lbs-comm.com/home/index/en or Email: event@lbs-comm.com.About LBS Communications Consulting Ltd / 'Leverage Big Strategies'LBS Communications, governed by a mission to 'Leverage Big Strategies', is a strategic IR consultancy based in Hong Kong, with offices in Shenzhen, Shanghai and Beijing. Our talent is driving change for our clients. With two decades of experiences in investor and financial communications, we endeavor to service 'Sustainability Investor Relations', to join hands with our clients in making a better world. Our strategies and services are built to foster and bridge relationships between our clients and their multiple stakeholders. Our clientele spans power and utilities, medical, telecommunications and IT, retail and consumer, metals and resources, education and training, medical, hospitality and travel. We care for the value and manage the brands of our clients. Please read more at https://lbs-comm.com/. LBS is an exclusive PRGN agency (prgn.com) for Hong Kong and Greater China. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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2022’s First SPAC and Metaverse Investment Opportunities Virtual Investment Conference in Hong Kong

HONG KONG, Jan 21, 2022 - (ACN Newswire via SEAPRWire.com) - LBS (Leverage Big Strategies) Communications Consulting Limited ("LBS"), a professional strategy-based investor relations consulting firm based the Greater China region with global presence, today successfully organized the first Virtual Investment Conference, "Invest For a Better World With Innovation - from SPAC to the Metaverse" in 2022, along with New Vision Asset Management and Mileage Communications from Singapore and under the support from our media platform partner, Futu and Hong Kong Economic Digest. Over 20 industry leaders and professional institutional investors analysed the listing overview and options of Special Purpose Acquisition Companies ("SPACs") in the United States, Hong Kong, and Singapore, and explored the winning strategy of digital asset investment in Metaverse via a virtual forum and exhibition booths. The forum was supported by Futu as the platform partner and Economic Digest as media partner.LBS invited a number of speakers to tap into the two hottest topics in the capital market - SPAC and the market development of Metaverse through multiple subdivided presentations. In the morning session, Mr. Claudius Tsang, CEO at A SPAC (Holdings) Group Corp., Mr. Robson Lee, Partner at Gibson Dunn, Mr. Gordon Tsang, Partner at Stevenson Wong & Co. analysed the listing mechanism and risk factors of SPAC in the United States, Hong Kong and Singapore, and Mr. Yiu Ting Tsoi, the CEO of HB Ventures to explain the successful IR strategy in SPAC and De-SPAC process as well as the successful positioning and investment strategy of SPAC. In the afternoon session which focuses on Metaverse investment, Mr. James Lei, Chief Technical Adviser of Joint Labs in Asia at Ether Data explained the effective strategies for the real economy to master the wave of virtual reality; Mr. Gilbert Ng, Founder at Mura Capital described the compliance trend and regulatory direction of the virtual market; Mr. Robert Luo, Co-founder at NVC Media introduced GameFi, the most advanced virtual development trend and Mr. Evan Auyang, the Group President of Animoca Brands unveiled the unique investment strategies of Animoca Brands which is not only limited to the hottest metaverse - Sandbox. In addition, the forum included two panel discussions, during which panelists explained to participants the composition of SPAC and De-SPAC, the key strategies to maximizing the return on investment of investors and start-ups, and the winning strategy of investing in Metaverse. The panelists actively shared their own experiences and unique insights in a welcoming and inquisitive meeting atmosphere. More than 300 professional investors, institutional investors, executives of listed companies and representatives of start-ups attended the virtual forum, and many of the participants gathered in the virtual lounge area afterwards to further exchange their thoughts and experiences in these important subject areas. Ms. Joanne Chan, Managing Director at LBS Communications Consulting Limited stated: "The Metaverse has inevitably become a hot topic in the investment community, as it's a new field that Big Tech and gaming companies are competing to develop. Even international renowned sports brands have taken the opportunity to acquire virtual shoe brand companies to tap into the market. At the same time, the Hong Kong Stock Exchange has formally implemented the SPAC listing mechanism. In other words, many emerging and innovative companies may become targets of mergers and acquisitions, providing an additional financing channel for start-ups that are interested to enter the Metaverse."Taking advantage of this market trend, LBS held the first online forum on Metaverse in Hong Kong and invited many senior experts and investors to share their own experience and first-hand industry insights from a forward-looking perspective. This created an effective communication platform for the capital market and disseminated investment information that keeps pace with the times, gaining high recognition from the industry. In the era of diversified development of capital markets, we are happy to see more opportunities relating to the development of the market and enterprises. We are also glad to see that potential start-ups or enterprises in emerging industries can gain more sustainable development momentum and achieve a win-win situation."As the organizer of this Metaverse investment forum, LBS will continue to leverage on its objective and original aspiration of "Leverage Big Strategy" after 11 years of development. LBS will bolster its traditional financial communications and investor relations services by aligning with clients' strategies and maximizing results, so that investors around the world can keep abreast of the latest developments of their clients and be apprised of market trends to continuously expand business coverage and services. For example, ESG helps companies to explore and take advantage of exploring new opportunities beyond traditional investment areas in the field of sustainable development and to create more opportunities for customers to communicate with investors. With the rapid recovery of the global economy in the post-pandemic era, LBS also hopes that, apart from Greater China, this forum will also look ahead to other international markets and develop diversified information dissemination channels," she said.List of honorable speakers in the SPAC session-- Mr. Claudius Tsang, CEO, A SPAC (Holdings) Group Corp. -- Mr. Robson Lee, Partner, Gibson Dunn (Leading law firm in Singapore) -- Mr. Gordon Tsang, Partner, Stevenson, Wong & Co. (Leading law firm in Hong Kong)-- Mr. Yiu Ting Tsoi, CEO of HB Ventures-- Mr. Gary Chan, CEO - Greater China, The CFO Centre List of honorable speakers in the Metaverse Digital Asset Allocation Strategy -- Mr. Evan Auyang, Group President, Animoca Brands -- Mr. Ben Caselin, Head of Research & Strategy, Atom Asset Exchange (AAX) -- Mr. Wuszt Wu, Head of Huobi Key Account, Asia Pacific, Huobi Global -- Mr. Fred Wong, Founder and CIO, eFusion Capital -- Dr. James Lei, Chief Technical Adviser of Joint Labs in Asia, Ether Data -- Mr. Kenneth Wang, CPO and Investment Manager, New Vision -- Mr. Gilbert Ng, Founder, Mura Capital (Experienced legal consultant on crypto) -- Mr. Robert Luo, Co-Founder, NVC MediaFeatured HK Unicorn and Startups-- Avalon Biomedical Management - Public health and infection control -- RV Auto Tech - Automation robotics technologies and SaaS platform for global-- Prenetics - A major global diagnostics and genetic testing company with a team of over 700 employees and operations across 9 locations and will list on Nasdaq following merger with Artisan Acquisition, a SPAC founded by Adrian Cheng.-- iRecycle - AI and big data analysis to maximize coverage and efficiency in recycling business.-- ESG Growth - First of its kind in HK for in-house ESG data management SaaS platform-- Neufast - multi-lingual AI Video Interview cloud solution provider with 50 years in data science, recruitment & I/O Psychol-- Digit Sense - digitial transformation total solutions provider with global presenseFeatured Digital Assets Investment-- New Vision - One-stop digital asset platform encompassing brokerage, fund management, fintech trading solutions and VC investment opportunities-- NVC - GameFi Investment -- Animoca Brands - Well-known globally as Sandbox's parent company, it owns a broad portfolio of blockchain games and is a prolific investor with over 150 investments in NFT-related blockchain companies-- Huobi Global - World-leading cryptocurrency exchanges & digital asset management services for tens of millions of users in over 170 countries and regions-- Huobi Tech - Leading provider of compliant, safe and reliable virtual asset services for professional individuals and institutional investors around the world.-- AAX - A borderless exchange that caters to a global audienceand the first exchnage to be powered by LSEG technology, and offer high-yield savings packages, 100 spot pairs, deeply liquid futures markets, regular discounts on major tokens and a range of on-ramps.-- Ether Data - A decentralized all-purpose computing system based on the technology of the Ethereum Smart Contract and Disk Storage Banking (DSB) distributive storage.For more information about the conference, please visit www.lbs-forum.comAbout LBS Communications Consulting LimitedLBS Leverage Big Strategies - Sustainability Investor Relations is a strategy-based consulting company based in Hong Kong with offices in Shenzhen and Shanghai. We are also the exclusive partner of PRGN (www.prgn.com) in Hong Kong and the Greater China. Our talent is to drive change for our clients. With over two decades of experiences in investor and financial communications, we endeavour to stretch our expertise to sustainability investor relations that join hand with our clients in making a better world. Our strategies and services are tailor-made to bridge and foster the relationships between our clients and their multiple stakeholders. Our clientele spans across different industries such as power and utilities, medicare, telecommunications and IT, retail and consumer, metal and resources, education and training, hospitality and travel. We care and manage the value and brands of our clients. Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)

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Shenzhen Global Investment Promotion Conference 2021 held December 15

Themed ‘New Era, New Journey — Invest in Shenzhen, Build a Winning Future’ SHENZHEN, CHINA, Dec 16, 2021 – (ACN Newswire) – Shenzhen this week hosted the 2021 Shenzhen Global Investment Promotion Conference, to attract and focus greater international investment. The Conference highlighted the development directions of Shenzhen’s strategic emerging industries and those of the future as well as key industries and projects in each district, while gathering global investors and quality resources to further develop Shenzhen as a premier choice for global investment. 2021 Shenzhen Global Investment Promotion Conference was hosted by the Shenzhen Municipal People’s Government and jointly organized by the Commerce Bureau of Shenzhen Municipality, Information Office of Shenzhen Municipal People’s Government, and Foreign Affairs Office of Shenzhen Municipal People’s Government. Themed “New Era, New Journey — Invest in Shenzhen, Build a Winning Future”, the Conference was held on December 15 at Wuzhou Guest House, Shenzhen, showcasing to global investors the economic vitality, innovative impetus, city charm and investment potential. Representatives from the VP level and above from Fortune Global 500 and China’s Top 500 corporations, large SOEs, leading private enterprises, listed companies, and unicorn companies were invited to participate at the Conference. Invitations also went to those in charge of international organizations such as foreign embassies and consulates in China, major business associations and others, all companies and institutions having actively signed up for the Conference. Due to the cross-border travel limits, some senior executives of multinational enterprises, international institutions and representatives of major cities extended video-linked congratulations to Shenzhen and the Conference. The Conference was organized in the format of a “1+12+N” series of events. In other words, it consisted of 1 main event, 12 district-level investment promotion conferences, and N overseas parallel sessions and industrial investment promotion activities, forming a complete series of investment promotion campaigns. In addition to the main session in Shenzhen, 12 overseas parallel sessions were staged in 12 cities across five continents, including Los Angeles, New York, Toronto and Sao Paulo in the Americas, London, Paris, and Brussels in Europe, Hong Kong and Tokyo in Asia, Sydney and Brisbane in Oceania, as well as Johannesburg, South Africa, promoting the city brand “Invest in Shenzhen, Build a Winning Future” to all parts of the world. This was the third time that Shenzhen has hosted the Global Investment Promotion Conference since 2019. At the Conference, the International Headquarters Enterprise, Investment Advisor of Shenzhen, and Outstanding Registered Enterprise were awarded, and shared in the “Shenzhen Moments” of investment promotion. A number of major projects were also signed, demonstrating the attractiveness and innovation of Shenzhen as well as the confidence of investors from around the globe in the future development of Shenzhen and its districts. Media Contact:Commerce Bureau of Shenzhen MunicipalityWang YandanE: swj@commerce.sz.gov.cnU: http://commerce.sz.gov.cn

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404 suspects, aged between 15 and 72, being investigated for alleged involvement in over 1,000 scams

SINGAPORE - The police are investigating 404 suspected scammers and money mules believed to be involved in more than 1,000 cases of scams, with victims losing more than $13 million in total. The cases included Internet love scams, e-commerce scams, government or China official impersonation scams, investment scams, job scams, credit-for-sex and loan scams, said the Singapore Police Force on Friday (Dec 3). The 283 men and 121 women, aged between 15 and 72, were rounded up in a two-week operation by officers from the Commercial Affairs Department and seven police land divisions between Nov 19 and Thursday. The 404 are assisting in investigations into cheating, money laundering or providing payment services without a licence. Those found guilty of cheating may be jailed for up to 10 years and fined. Those convicted of money laundering may be jailed for up to 10 years, fined up to $500,000, or both. If found guilty of providing payment services without a licence, an offender may be fined up to $125,000, jailed for up to three years, or both. The police say they take a serious stance against any person who may be involved in scams, and perpetrators will be dealt with in accordance with the law. To avoid being an accomplice to crimes, the police advise members of the public to always reject requests by others to use their bank accounts or mobile lines, as they will be held accountable if these are linked to crimes. For more information on scams, visit Scam Alert's website or call the Anti-Scam Hotline on 1800-722-6688. Anyone with information on such scams may call the police hotline on 1800-255-0000 or submit information online at the police's website. All information will be kept confidential. More on this topic   Related Story 39 arrested for alleged involvement in job, phishing scams where losses amounted to $20m   Related Story 296 people nabbed for alleged involvement in over 1,000 scams, victims lost over $6.4m

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GBA companies eyeing ASEAN opportunities

Strong interconnectivity between regions boosts trade and investment HONG KONG, Nov 29, 2021 – (ACN Newswire) – Close to 60 per cent of companies in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) are considering further expansion into the Association of Southeast Asian Nations (ASEAN) countries in the next three years, a research report by UOB Hong Kong Branch and the Hong Kong Trade Development Council (HKTDC) indicates. The Trade and Investment between GBA and ASEAN and the Roles of Hong Kong report also found GBA companies highly value Hong Kong’s services[1] and expect the city’s role as a business hub facilitating trade and investment between the two regions to grow in importance. Among the 10 ASEAN countries, Singapore, Malaysia, Vietnam, Thailand and the Philippines, are the most popular trade and investment destinations. In the next three years, most of the GBA companies will choose Singapore (55.4 per cent), Malaysia (53.0 per cent) and Vietnam (51.1 per cent) as markets for sales, while Vietnam (14.5 per cent), Thailand (10.4 per cent) and Indonesia (8.1 per cent) are the preferred production or sourcing bases. Another 10.4 per cent of the GBA companies also preferred to set up their regional offices in Singapore. The GBA companies surveyed said ASEAN countries’ cost-effectiveness, abundant resources and huge markets are the key pull factors. Those in the industrial goods sector expressed the greatest interest (6.56 out of 10) in expanding their business further in ASEAN. This was followed by companies in real estate, hospitality and construction (6.21), as well as the business, professional and financial services sectors (5.71). Mrs Christine Ip, CEO – Greater China of UOB, said, “Cross-border trade and investment flows between ASEAN countries and the GBA are driven by the two regions’ increasing interconnectivity and collaboration in areas such as sustainable development. At UOB, we are committed to assisting companies in capturing overseas business opportunities through our deep sectoral expertise, strong local talents and our extensive footprint in Southeast Asia. Over the past 10 years, the UOB Foreign Direct Investment Advisory Unit has supported more than 3,500 companies in their cross-border investments, of which about one-third are Chinese companies.” Mr Nicholas Kwan, Director of Research, HKTDC, said, Hong Kong must further foster its interconnectivity with other GBA cities and ASEAN countries in order to boost its role in facilitating two-way trade and investment flows. He said: “When the pandemic subsides and border controls relax, cross-border trade and investment will be more active. GBA companies must reconnect with overseas buyers and partners quickly. Being the trade fair capital and business hub in Asia, Hong Kong can help GBA companies fortify ties with their counterparts in ASEAN and promote trade between the two regions.” Hong Kong’s role and services sector highly regarded The research also showed that GBA companies value Hong Kong’s role in the region’s collaboration with ASEAN countries, giving the city an average score of 7.33 out of 10. Almost half (47.2 per cent) gave a score of eight to 10. Respondents hope that within the GBA, Hong Kong can be a one-stop business centre (41.6 per cent), provide a simplified and harmonised tax system (38.7 per cent) and offer more diversified investment products and services (38.4 per cent). In addition, respondents said MICE (meetings, incentives, conferences and exhibitions) (45.4 per cent), sales and marketing (41.4 per cent), logistics and supply chain management (39.0 per cent) as well as financial services (37.7 per cent) are the most frequently-used services in Hong Kong. Respondents are highly satisfied with the level of services and said they will use more of these services in the next three years. For their overseas expansion into ASEAN countries, GBA companies look to Hong Kong to provide more comprehensive information, services and support (40.9 per cent). They also hope public bodies or regulatory institutions can do more in facilitating trade and investment flows with their ASEAN counterparts (39.4 per cent) and formulate policies to open up regional trade and investment further (39.1 per cent). Mr Kwan said GBA companies highly appreciate Hong Kong’s advantages in business environment, financial infrastructure and cross-border resource flow. “Most of them believe that the city’s transparent regulatory system, extensive commercial network, diversified financial and banking services, coupled with free flow of goods and capital among GBA cities, and absence of foreign exchange and capital controls with ASEAN, make Hong Kong an ideal two-way platform to facilitate trade and investment between the GBA and ASEAN.” Mrs Ip said, “As an international financial centre with a strategic location within the GBA, Hong Kong can further enhance its role as an essential bridge for GBA companies when they expand into ASEAN countries. UOB’s dedicated Greater Bay Area team in Hong Kong also plays our part in helping GBA companies understand and appreciate the diversity of the ASEAN markets to capture more regional business opportunities.” The Trade and Investment between GBA and ASEAN and the Role of Hong Kong report is based on a survey conducted by the HKTDC from July to September 2021 with 657 GBA-based companies from various sectors. These included consumer goods, industrial goods, business, professional and financial services, real estate, hospitality and construction, as well as technology, media and telecommunications. In-depth interviews were also conducted with some respondents to understand the opportunities and challenges they faced in their business expansion in ASEAN countries, as well as their views on Hong Kong’s roles in promoting trade and investment between GBA and ASEAN. The full report in Chinese can be downloaded from the websites of UOB Hong Kong and HKTDC. Media Enquiries UOB Hong KongStrategic Communications, Brand and Customer InsightsSusanna LiuTel: +852 2123 7537 / 6291 8169Email: susanna.liuwy@uobgroup.com HKTDCCommunications and Public Affairs DepartmentBeatrice LamTel: +852 2584 4049 / 9036 0212Email: beatrice.hy.lam@hktdc.org References– HKTDC Research Portal: http://research.hktdc.com/tc– Trade and Investment between GBA and ASEAN and the Roles of Hong Kong: https://bit.ly/3nQArU7– Photo Download: https://bit.ly/3o1Hdqf About UOB United Overseas Bank Limited (UOB) is a leading bank in Asia with a global network of around 500 branches and offices in 19 countries and territories in Asia Pacific, Europe and North America. Since its incorporation in 1935, UOB has grown organically and through a series of strategic acquisitions. UOB is rated among the world’s top banks: Aa1 by Moody’s Investors Service and AA- by both S&P Global Ratings and Fitch Ratings. In Asia, UOB operates through its head office in Singapore and banking subsidiaries in China, Indonesia, Malaysia, Thailand and Vietnam, as well as branches and representative offices across the region. Over more than eight decades, generations of UOB employees have carried through the entrepreneurial spirit, the focus on long-term value creation and an unwavering commitment to do what is right for our customers and our colleagues. We believe in being a responsible financial services provider and we are committed to making a difference in the lives of our stakeholders and in the communities in which we operate. Just as we are dedicated to helping our customers manage their finances wisely and to grow their businesses, UOB is steadfast in our support of social development, particularly in the areas of art, children and education. About HKTDC The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn [1] Hong Kong’s services include banking and finance, legal, dispute resolution, IP-related services, MICE (meetings, incentives, conferencing and exhibitions) services, logistics and supply chain management, sales and marketing, as well as research and development.

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HG Semiconductor Announces its Strategic Investment in GaN Systems Inc.

HONG KONG, Nov 25, 2021 - (ACN Newswire via SEAPRWire.com) - HG Semiconductor Limited ("HG Semiconductor", together with its subsidiaries, "the Group", Stock Code: 6908.HK) is pleased to announce that FastSemi Holding Limited, a wholly-owned subsidiary of the Group, has invested in GaN Systems Inc. ("GaN Systems"), a leader in gallium nitride ("GaN") technology, and agreed to invest by subscribing for the series F-2 convertible preference shares in GaN Systems as a strategic investor. Incorporated in Canada, GaN Systems is principally engaged in developing a broad range of GaN related products including high current GaN power semiconductors. With in-depth knowledge in GaN technology, the management team of GaN Systems combines decades of experience in developing GaN products. As a GaN power transistor company, GaN Systems currently ships to automotive, consumer, industrial, and data centre customers globally, and global companies rely on their transistors to reduce levels of carbon dioxide emissions and increase the utility and energy efficiency of their power systems. GaN Systems anticipates a capital funding round to accelerate innovation and adoption of GaN technology across its automotive, consumer, industrial, and enterprise markets. This strategic investment is also joined by BMW i Ventures, a top-tier car manufacturer and existing investor of GaN Systems, along with Fidelity, Vitesco Technologies and others. Subsequent to this investment, HG Semiconductor will be able to nominate an independent board observer from Canada to be on the board of GaN Systems.Leveraging its industrial expertise on semiconductors manufacturing, HG Semiconductor has been expanding its business to various kinds of semiconductors including GaN related products. To further develop and deepen its presence in GaN semiconductor sector, the Group seeks to capitalise on the extensive experience, resources and expertise of GaN Systems, thereby developing its GaN semiconductor business to achieve the business goal of becoming a leading and innovative player in the sector. Mr. ZHAO Yi Wen, Chairman and Executive Director of HG Semiconductor said, "The Group expects this strategic investment will lay a solid foundation for its future development and prospects in its GaN semiconductor business. Upon completion of the investment, we expect both the Group and GaN Systems may have the opportunity to pool our respective advantages to each other, creating synergistic effects. In particular, GaN Systems can provide dedicated technical support (from Ottawa, California and Taiwan) to the Group for process definition and qualification of GaN device manufacturing to achieve best-in-class yield targets and targeted qualifications. Such technical support may include elements of the developed process that are proprietary to GaN Systems only, and alignment on intellectual property strategy for resulting process know how. The Group will also be able to obtain technical support for reference design in internet data centre (IDC) power systems, electric vehicle (EV), and solar inverter applications from GaN Systems on most favoured nation terms. Furthermore, GaN Systems also proposes to qualify the subsidiary of the Group as a foundry partner to GaN Systems and enter into a licence agreement whereby the Group may use certain GaN technology of GaN Systems for manufacturing its semiconductors components. With our strategic blueprint in place, we strive to further enhance our business performance in order to create long-term value for our shareholders." About HG Semiconductor LimitedHG Semiconductor Limited (6908.HK) is principally engaged in semiconductor product business in China, including the design, development, manufacturing, subcontracting services and sales of light-emitting diode ("LED") beads, LED lighting products, fast charging products and a new generation of semiconductor gallium nitride ("GaN") related products. Leveraging its industry expertise on LED manufacturing, the Group is committed to accelerating its research and development and expansion in the application of GaN related products, with an aim to become a leading semiconductor company with the integration of design, manufacturing and sales of semiconductor chips. The Group strategically holds 21.86% stake in VisIC Technologies Limited, leveraging respective advantages to jointly develop GaN related chips and products.For more details, please visit http://www.lighting-hg.com/en.About GaN Systems Inc.GaN Systems, headquartered in Ottawa (Canada), is the leader in Gallium Nitride (GaN) based power management devices, and delivers its products to automotive industries, Internet Data Centers (IDC) and renewable energy.For more details, please visit https://gansystems.com. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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山高金融购入北控清洁能源22.78%权益

HONG KONG, Nov 24, 2021 - (亚太商讯 via SEAPRWire.com) - 中国山东高速金融集团有限公司（「山高金融」，连同其附属公司统称「集团」；股份代号：0412.HK）欣然宣布，集团的间接全资拥有公司Profit Plan Global Investment Limited（「买方」）已于2021年11月23日与CTSL Green Power Investment Limited及CTSL New Energy Investment Limited（「卖方」）订立购股协议，以每股股份0.088港元价钱购买北控清洁能源集团有限公司（「北控清洁能源」；股份代号：1250.HK）22.78%的权益，代价为约12.7亿港元。认购事项须待认购协议所载之先决条件达成后方可作实，当中包括须待股东于集团的股东特别大会上通过进行购股协议及其项下拟进行的交易。北控清洁能源于香港联合交易所主板上市，乃北控水务集团与中信产业基金、清华大学启迪控股股份有限公司联合控股之公司，主要从事光伏发电业务、风力发电业务及清洁供暖业务。截至2021年6月30日，北控清洁能源运营2,294兆瓦集中式光伏电站、700兆瓦分布式光伏电站、606兆瓦陆上风电电站及提供2,936万平清洁供暖服务。在利好国策的加持下，北控清洁能源的中期业绩稳中向好，今年上半年实现收入约30.2亿港元，归母利润约为3.4亿港元。北控清洁能源一直致力成为领先的清洁能源综合服务商，通过投资、开发、建造、营运及管理清洁能源发电站项目稳步发展业务，与集团的投资策略一致，加上中央政府正积极促进可再生清洁能源的开发及使用，集团管理层认为北控清洁能源前景可期。于2020年3月，集团获内地顶级基金嘉实基金集团（「嘉实基金」）收购28%股权，成为第二大股东。嘉实基金的入股为集团提供良好资源，亦有助推进双方互补性的经营发展，令集团的金融专业程度亦显著提高，达致产业和金融，实业和资本相结合。另外，集团审时度势、准确判断市场方向，由今年上半年开始逐步减少房地产投资，并成功于今年上半年扭亏为盈，公司拥有人应占溢利为约1.2亿港元。随着集团调整产业结构，是次投资北控清洁能源提供了一个良好契机，让集团在稳健发展现有业务的同时，开拓新能源相关之产业投资。集团管理层认为，清洁能源有效减少温室气体的排放，符合国家可持续发展的原则和趋势。近年，《关于2021年风电、光伏发电开发建设有关事项的通知》等多项政策反映中央政府大力发展新能源、全面推进风电、太阳能发电大规模开发和高质量发展的决心，而产业结构和能源结构调整优化取得明显进展。集团管理层认为清洁能源行业前景广阔，而入股北控清洁能源是产业与投资完美融合，同时标志着集团正式进军高速发展的清洁能源领域，藉此紧抓利好国策的东风和市场的蓬勃机遇，为集团创造新盈利增长点，长远有助提升集团业务的多元性和灵活性。展望未来，集团会继续背靠实力雄厚的控股股东山东高速集团有限公司（「山东高速集团」）和第二大股东嘉实基金，充分借助两大股东的资源优势，矢志提升并购及产业投资的发展战略。此外，集团会继续深耕智慧交通与新能源产业，积极推进产业升级，优化整合内外资源，提升各业务的统筹规划和业务协同，在夯实业务基础的同时，探索发展新机遇，实现可持续业绩增长，多管齐下为股东缔造长远而稳定的回报。关于中国山东高速金融集团有限公司中国山东高速金融集团有限公司（股份代号﹕0412.HK）是一家金融控股公司，其控股股东为山东高速集团有限公司（「山东高速集团」）。作为山东高速集团在境外重要的投融资和金融控股平台，集团持有香港证监会1、4、5、6、9号牌照和香港放债人牌照，从事证券交易、分析与承销、财务顾问、资产管理、证券投资以及信贷等业务；以及持有境内QFLP、融资租赁、保理和金融资产交易平台等牌照，从事资产管理、金融资产撮合交易业务、融资租赁和保理等债权类业务以及股权类投资业务。集团在香港及内地资本市场深耕多年，积极把握政策所带来的发展空间和物色优质投资机遇，致力成为「立足香港、面向国际」和「连接境内境外、实现资源有效整合」的一流投融资和金控平台。有关更多资料，请浏览：www.csfg.com.hk Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

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Woven Capital Invests in UP.Partners’ New Venture Capital Fund Dedicated to Powering the Future of Mobility Through Emerging Technology

TOKYO, Oct 19, 2021 - (JCN Newswire via SEAPRWire.com) - Woven Capital, L.P., the investment arm of the Woven Planet Group, a Toyota subsidiary that is dedicated to building the safest mobility in the world, today announced that it has made an investment in UP.Partners' newly launched $230M venture capital fund. The fund is dedicated to supporting early-stage companies that are transforming the moving world. UP.Partners' focus is well aligned with Woven Capital, which is an $800 million global investment fund that supports innovative, growth-stage companies in mobility, automation, artificial intelligence, data and analytics, connectivity, and smart cities."Transforming mobility through technology is central to the mission of Woven Planet, and UP.Partners' investment strategy is in complete lockstep," said Betty Bryant, Principal, Woven Capital. "Woven Capital is excited to invest in UP.Partners' fund as they encourage entrepreneurs who are focused on wide-ranging solutions that allow people, goods and information to move more seamlessly, cost-effectively, and sustainably than ever before, benefiting humanity and the health of the planet for all.""The investment from Woven Capital is a significant endorsement of our unwavering commitment to the future of mobility," said Ben Marcus, Co-Founder & Managing Partner, UP.Partners. "We see artificial intelligence, advanced sensors, edge computing, fuel cells, batteries, additive manufacturing, and other emerging technologies serving as the foundation of a new era of transportation--one that is cleaner, faster, lower cost, and more accessible for all."UP.Partners has already made ten investments to companies including leading flight autonomy company Skydio, manufacturing quality assurance leader UnitX, and electric vertical aircraft developer Beta Technologies.About Woven CapitalWoven Capital is an $800 million global investment fund that supports growth-stage companies focused on technology and innovation in mobility. It was founded in 2021 as the corporate venture capital investment arm of the Woven Planet Group, a group of subsidiaries of Toyota. Woven Capital invests in mobility technologies, automation, artificial intelligence, data and analytics, connectivity, and smart cities globally.About Woven Planet GroupWoven Planet Group represents a carefully curated blend of expertise and resources dedicated to bringing the vision of "Mobility to Love, Safety to Live" to life. Through innovations and investments in automated driving, robotics, smart cities, and more, we are transforming how humankind lives, works, and moves. We exist to design, build, and deliver secure, connected, and sustainable mobility solutions that benefit all people worldwide. Founded in 2018 as Toyota Research Institute - Advanced Development ("TRI-AD"), Woven Planet is composed of four complementary companies: Woven Planet Holdings, Woven Core, Woven Alpha, and Woven Capital.For more information, please visit: https://www.woven-planet.global/About UP.PartnersTransportation is the underlying fabric of society. UP.Partners invests in the pioneering entrepreneurs who are creating the key enabling technologies that help move people and goods cleaner, faster, safer, and more efficiently--in a multi-dimensional world. We partner with some of the world's most innovative investors and companies--including Alaska Airlines, ARK Invest, and Woven Capital, the investment arm of Toyota subsidiary Woven Planet Group--and via the UP.Summit convene the mobility community's brightest minds each year to help humanity go UP. Together we are transforming the moving world. For more information, visit UP.Partners or follow us on Twitter @UpPartnersVC or LinkedIn.Contact:Woven Planet Holdings, Inc.pr@woven-planet.global Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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The Financial Investment Industry Goes Digital with the Help of NovationWire’s Distribution Platform

Hong Kong / NovationWire / NovationWire’s Distribution Platform has aided financial investment companies in their marketing and promotional efforts during the COVID-19 pandemic. The digital adoption wave has led to certain brands excelling over the past 6-7 months, as at-home workouts and health-conscious workarounds have accelerated sales revenue and online traction for multiple financial investment companies. Now, with NovationWire’s opportunities for multi-channel press release distribution, brands can amplify their online presence and catch the attention of financial investors through a targeted press release distribution campaign. Jarral Barrack of Infinite Investing Co., Ltd. cited the digital success of its company, making significant strides in online financial investment instruction. Infinite, in particular, generated $200 million in revenue in Q4, up 80% from the same quarter from the previous year. “The success is amazing, but the major players aren’t the only ones that are benefiting from this online adoption,” said Alex Xie, NovationWire’s VP. “We have worked with multiple small and midsize financial investment companies that have taken advantage of the growing digital financial investment landscape. The ability to target outlets through our platform provides them with the opportunities to get in front of potential clients that are looking to get fit and try new financial investment trends.” The platform helps CEOs target top online media, such as BLOOMBRERG, APNEWS, BUSINESSINSIDER, YAHOO FINANCE, YAHOO NEWS, MARKETWATCH, MARKETSCREENER, FT.COM and NASDAQ, to gain greater brand awareness and publicity. “The powerful targeting capabilities allow executives to position their content in front of reputable outlets and publications within the financial investment industry,” said Ellen Gates, NovationWire’s CMO. NovationWire’s Distribution Platform assists financial investment pioneers as they grow their influence across the industry. Compared to competing services, NovationWire offers more reach and greater visibility so to help brands get better returns on marketing and communication spend. If you plan on going digital with your brand to target new audiences, find out how NovationWire’s Distribution Platform can help boost your brand awareness today. About NovationWire NovationWire is a marketing firm that offers customized online press release distribution solutions. These online PR distribution solutions are for PR firms, agencies, organizations & Corporates. It includes e-mail delivery directly to Editors who are targeted to media editors at newspapers, magazines, and broadcast outlets like TV and news/talk radio stations. They also cooperate with significant wire services like ACN Newswire, JCN Newswire, Dow Jones Factiva, Reuters Eikon, Bloomberg Terminal, Yahoo news etc. NovationWire also provides a package to target different regions of the world and too different languages. These regions include Southeast Asia, Japan, South Korea, Vietnam, Philippines, Indonesia, Malaysia, Philippines, Singapore, China (Hong Kong, Taiwan), Russia, USA, UK, CA, AU, DE & many other countries. The Press releases could also be translated to English, Korean, Japanese, Chinese, Vietnamese, Thai, Malay, Indonesian, French, Portuguese & Spanish. Skype: NovationWire@NovWire.com Telegram: @NovWire Media contact Company: NovationWire Contact: Yachin, Marketing Manager Email: info@NovWire.com Website: http://www.NovationWire.com The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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Woven Capital Invests in Planet-Friendly Urban Innovations with the Climate Technology Sustainability Fund of 2150

TOKYO & LONDON, Oct 12, 2021 - (JCN Newswire via SEAPRWire.com) - Woven Capital, L.P., the investment arm of the Woven Planet Group, a Toyota subsidiary that is dedicated to building the safest mobility in the world, today announced that it has made an investment in the Climate Technology Sustainability Fund of 2150 (a.k.a. 2150). 2150 is a London and Copenhagen-based venture capital firm investing in technology companies that seek to reimagine the urban environment and reshape it sustainably. Woven Capital is an $800 million global investment fund that supports innovative, growth-stage companies in mobility, automation, artificial intelligence, data and analytics, connectivity, and smart cities."2150 recognizes that a dramatic rethinking of the urban environment is required to fuel a strong economic and environmental future," said Michiko Kato, Principal, Woven Capital. "The technologies that they have already backed have the potential to mitigate over 1.6 gigatons of CO2 emissions. Toyota is committed to the global goal of achieving carbon neutrality by 2050 and we are excited to serve as a partner to 2150 and the entrepreneurs they support to build on these efforts and tackle the sustainability issues that confront our urban landscape.""As the United Nations has stated, the battle on climate change will be won or lost in our cities," said Nicole LeBlanc, Partner, Platform, 2150. "Woven Capital's investment will help us take on critical sustainability challenges in the built environment. We are actively working with entrepreneurs who are pioneering solutions that will help all of us rethink and recast urban communities to ensure an environmentally-sound tomorrow."Launched in February 2021, 2150 uses technology, data, and tools to help reduce the carbon footprint of the world's cities and improve the health, safety, and productivity of people who live and work in urban environments. The fund invests across all layers of city infrastructure from the materials used, to the efficiency algorithms, sensors, and software that facilitate construction automation.About Woven CapitalWoven Capital is an $800 million global investment fund that supports growth-stage companies focused on technology and innovation in mobility. It was founded in 2021 as the corporate venture capital investment arm of the Woven Planet Group, a group of subsidiaries of Toyota. Woven Capital invests in mobility technologies, automation, artificial intelligence, data and analytics, connectivity, and smart cities globally.About Woven Planet GroupWoven Planet Group represents a carefully curated blend of expertise and resources dedicated to bringing the vision of "Mobility to Love, Safety to Live" to life. Through innovations and investments in automated driving, robotics, smart cities, and more, we are transforming how humankind lives, works, and moves. We exist to design, build, and deliver secure, connected, and sustainable mobility solutions that benefit all people worldwide. Founded in 2018 as Toyota Research Institute - Advanced Development ("TRI-AD"), Woven Planet is composed of four complementary companies: Woven Planet Holdings, Woven Core, Woven Alpha, and Woven Capital.For more information, please visit: https://www.woven-planet.global/About 21502150 is a venture capital firm investing in technology companies that seek to sustainably reimagine and reshape the urban environment. 2150's investment thesis focuses on major unsolved problems across what it calls the 'Urban Stack', which comprises every element of the built environment, from the way our cities are designed, constructed and powered, to the way people live, work and are cared for.For more information, please visit: www.2150.vcContact:Woven Planet Holdings, Inc.pr@woven-planet.global Copyright 2021 JCN Newswire. All rights reserved. (via SEAPRWire)

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汇聚科技有限公司获大股东增持股权

HONG KONG, Sep 14, 2021 - (亚太商讯 via SEAPRWire.com) - 汇聚科技有限公司（「公司」，股份代号：1729，连同其子公司合称「集团」）欣然宣布公司非执行董事、董事会主席兼控股股东罗仲炜先生增持本公司股权之最新事宜。于二零二一年九月十日，罗仲炜先生透过其直接全资实益拥有的利高达电装有限公司向邝炳文先生收购Datatech Investment Inc. （一名持有 204,930,000 股汇聚科技股份（「 股份 」）的大股东）之全部已发行股本 ， 总现金代价为109,637,550.00港元（「收购事项」）。 紧随收购事项后，罗仲炜先生占汇聚科技之权益被视为由1,175,070,000股股份增加至1,380,000,000股股份，相当于今日汇聚科技全部已发行股所占比例由约63.85%增加至约74.98%。 是次罗仲炜先生对汇聚科技增持股权，体现了其对本公司前景及内在价值之信心以及其对本公司之长期承诺。同时为了应对全球经济变化、疫情及潜在贸易战带来的影响，本集团一直定期检讨自身的业务及竭力把握任何业务机遇，定期作策略性部署，开拓业务。 于二零二一年八月三十一日，公司之直接全资附属公司Time Interconnect Investment Limited落实完成收购金山工业贸易有限公司及其附属公司（「GPIM集团」）。收购为集团提供了一个具吸引力的发展机会，以扩大和分散本集团的业务及投资组合，并增强收入来源与长期发展潜力。考虑到汽车及电动汽车市场前景蓬勃，该收购有助集团涉足新的业务领域。过往数年，中国仍为全球最大汽车市场及汽车生产国。随着中国政府推出若干侧重于技术改进之行业计划及化石燃料预期将于日后耗尽，中国大型企业已宣布其研发电动汽车及/或 自动驾驶技术的行动。于二零二零年十月，国务院制定目标，提出至二零二五年，中国新能源 汽车销量将达新汽车总销量之20%。在此背景下，管理层注意到，本集团其中一名主要客户与汽车生产商合作，推出首款以客户品牌命名的电动汽车车型。集团认为，GPIM集团的汽车配线产品可为本集团制造良机，为该主要客户提供更扩宽的产品组合，亦可涉足新的业务领域，从而丰富本集团之业务组合，以独特的客户群拓宽其收入来源，捕捉蓬勃发展之电动汽车市场带来之机遇。集团在二零二零年六月三十日已收购华迅电缆有限公司，透过整合集团与GPIM集团之研发资源，产生协同效应，利用丰富之知识及现有生产设施，为其客户交付可靠及优质的产品。鉴于智能汽车的自动驾驶技术通常需要可靠及高速的数据传输，配合华迅电缆的技术支持，能生产出可符合最高标准及规格之新型智能汽车之产品。此外，GPIM集团生产设施邻近本集团在惠州的现有生产设施，故此可透过本集团当地之管理层优化GPIM集团管理营运之效率。公司主席罗仲炜先生表示：「透过一连串的策略性收购及部署，集团业务正不停地增长，我们对汇聚科技的发景前景非常有信心。唯股份交易水平一直低估本公司表现及潜在价值，是次增持集团股份是本人对本公司之长期承诺，我对公司前景及内在价值充满信心。未来，集团将继续采取积极主动的措施开拓业务，为股东和投资者带来更大的回报。我们坚信业绩长远一定反映在股价上。」有关汇聚科技有限公司汇聚科技有限公司是一家信誉卓著的定制电线组件供货商，于电线组件行业拥有近30年经验。集团主要制造及供应种类繁多的铜及光纤电线组件，该等产品乃根据个别客户的详细规格及设计而生产。集团产品在各个市场分部，包括5G电讯、数据中心、工业及医疗设备分部，均受不少商誉优良的中国及国际客户所采用。 Copyright 2021 亚太商讯. All rights reserved. (via SEAPRWire)

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Legend Capital enjoys 4 MedTech IPOs in 1H2021, focusing on long-term and innovation investment

HONG KONG, Sep 10, 2021 - (ACN Newswire via SEAPRWire.com) - Recently, Berry Oncology, a company focusing on genomic testing of cancers in China, announced the completion of a US$99.15 million Series B1 financing round, with Legend Capital's continuous support. This B1 financing round was led by China Merchants Capital Management Co., Ltd. Existing investors Qiming Venture Partners, along with new investors, including Zhongjin Qichen Industry Equity Investment Fund, E Fund, Fujian Venture Investment Management Co., Ltd., Xiamen C&D Emerging Industry Equity Investment Co., Ltd. and other prominent investors also participated in the funding round.CVSource investment data shows that, the number of financing projects for medical devices in China reached 248, with a financing scale of approximately RMB26 billion in 2020, reaching five-year highest. According to iiMedia Research's data, the market size of China's medical devices industry reached RMB765.5 billion in 2020. However, Legend Capital has started investing in the medical device sector as early as 2010, exploring global investment opportunities for innovation continuously.In the first half of 2021, Legend Capital's four portfolio companies in the field of medical devices and diagnostics went public successfully; including New Horizon Health (06606.HK), the first public listed cancer screening company in China, Singular Genomics (NASDAQ: OMIC), an innovative sequencing technology research and development company, Chemclin Diagnostics Corporation (688468.SH), the clinical immunology diagnostic product company, and CareRay Digital Medical (688607.SH), a leading company in flat panel detector industry.In addition, Legend Capital has also invested in projects including Axonics (AXNX), KingMed Diagnostics (603882.SH), Berry Genomics (000710.SZ), EasyDiagnosis (002932.SZ), Aohua Endoscopy, Bioheart, StarSportMed, ET Healthcare, Gkht Medical, Best Brain Health, Puyi Biological, and Reliable Med. At present, Legend Capital's investment in the medical and healthcare field mainly involves innovative drugs and biotechnology; medical device and diagnostic; professional services and digital healthcare. In 2021, seven of Legend Capital's portfolio companies in medical and healthcare industry were successfully listed, while four more are currently in process. Half of them is in the medical device and diagnostic industry.Legend Capital adheres to three investment principles: early, long-term and innovative investment. For example, as an early investor in Berry Genomics, Legend Capital supported the company's development all the way to the capital market, and participated in each round of financing of Berry Oncology. ZHOU Jun, the CEO of Berry Oncology, expressed that Berry Oncology took fancy to Legend Capital's reliable reputation and post-investment value add. Legend Capital has provided a lot of assistance on the business side as well as management and operation.Legend Capital also invested in New Horizon Health, the first public listed cancer screening company in China, at a very early stage. In 2015, Legend Capital participated in New Horizon Health's A1 financing round as a lead investor. Furthermore, CHEN Yiyou, the Chairman of New Horizon Health, recalled that when financing difficulties occurred in 2018, Legend Capital, as a shareholder, mobilized multiple resources to help New Horizon Health connect with follow-up lead investors, and over-proportionately participated in the investment, becoming the largest institutional investor of New Horizon Health. "At that time, the increased holdings of Legend Capital also gave new shareholders a lot of confidence," he mentioned.Legend Capital divides innovation into two categories, namely continuous improved innovation and disruptive innovation. Among them, Legend Capital attaches particular importance to disruptive innovation. This type of innovation not only requires technology, but also emphasizes more on demand-side scenario innovation. When judging innovation, Legend Capital starts from the demand side of the product, including three types: clinical unmet needs, new user groups, and temporary marginal but long-term promising non-mainstream markets.In early 2012, the investment in ET Healthcare, as a typical project, examplifies Legend Capital's foresight in identifying a star innovative company in the field of in vitro diagnostics. ET Healthcare's underlying technology is world leading, with its headquarter in Silicon Valley. The company's Pylon3D is a small-scale fully automated immunoassay system, and its sensitivity exceeds the level of the world's most advanced large-scale immunoassay equipment, redefining POCT.Jafar Wang, the Co-Chief Investment Officer of Legend Capital, said that, Legend Capital will consider to invest fast-follow or first-in-class companies and believes that Chinese first-in-class companies will definitely appear in batches in the next 5-10 years. Legend Capital is working hard to stay ahead of the curve in this trend. According to Jafar, Legend Capital's investment pace has accelerated in the first half of 2021, and will continue to maintain the intensity.Legend Capital makes systematic and detailed research to achieve a head start in research and investment. Joe Zhou, the Managing Director of Legend Capital, expressed that the team puts 80% of its energy on identification and selection before making the decision.Over 80% of Legend Capital's medical projects are selected based on its in-house investigation or ecosystem resources. The logic behind Legend Capital's investment ecosystem lies in the establishment of several sub-industry clusters on the strength of the agglomeration effect of its portfolio companies. Starting from these niche clusters, the investment roadmap is extended outwards to build a larger and unique ecosystem. Besides attracting companies with better quality, Legend Capital leverages the ecosystem to incubate innovative projects, realizing a virtuous circle of multiple wins for all parties involved. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Capital.com Grows its Global Regulatory Footprint with Expansion into Australia

UK’s leading leverage trading platform known for its high client satisfaction levels is granted regulatory approval to extend mobile and web-based trading services to Australian investors MELBOURNE, Sept 9, 2021 – (ACN Newswire) – Capital.com, the high-growth global fintech innovator leading the UK leveraged trading industry in overall client satisfaction, has today announced it has received a license to operate in Australia and opened an office in Melbourne. The platform will operate with an Australian Financial Services (AFS) license, granted by the Australian Securities and Investments Commission (ASIC). Recognised as one of the fastest growing fintechs in Europe, this is the latest expansion initiative by Capital.com to enable more people to seamlessly trade and invest in financial markets. The approval of the AFS license marks Capital.com’s latest commitment to expand across the globe offering clients a highly regulated and secure trading experience. Capital.com currently has entities that are regulated by either the Cyprus Securities and Exchange Commission (CySEC) in Europe or the Financial Conduct Authority (FCA) in the UK. “ASIC applies enhanced levels of regulation to the Australian securities market, making it one of the most comprehensive and well-respected regulators in the world. The AFS license affirms our commitment to meet the highest compliance standards worldwide, marking yet another important milestone in the strategic development of Capital.com as a fast-growing, regulated investment trading platform. Known in the UK for our excellent customer satisfaction levels, we are excited to bring our services to the tech-savvy Australian investor base and to support more people in their trading and investing journeys,” said Jonathan Squires, Group Chief Executive Officer at Capital.com. Capital.com has an established a strong track record in Europe. In the first half of 2021, the platform reported a 400 per cent lift in new clients compared to H2 2020. Over the same period, it saw a global pick-up in trading activity, with total client trading volumes across all markets growing by more than 184 per cent. These results reflect Capital.com’s growing reputation as a platform of choice among retail traders globally. Peter Richards, who has extensive experience in the Australian online trading and investment space, has been appointed Director of Capital Com Australia Limited. He will help drive the company’s growth as well as oversee recruitment. “Capital.com is one of the fastest growing fintech companies operating in the retail trading space. The platform has a tremendous opportunity to grow in this region and to help more Australians access financial markets securely and responsibly. Underpinned by Capital.com’s comprehensive education resources, we aim to bring the platform’s cutting-edge technology and intuitive UX to as many Australians as possible supported by our on-the-ground teams and local expertise,” said Peter Richards, Director of Capital Com Australia Limited. As an AFS-licensed entity, Australian clients can trade derivatives on more than 3,000 of the world’s most popular indices, commodities, cryptocurrencies, shares and currency pairs through Capital.com’s web and mobile platforms. Australian clients will be able to access financial lessons, videos, quizzes and other trading support tools via the platforms’ free education app, Investmate app. Clients will also receive regular news feeds, financial market content and analysis through the platform’s extensive education resources available on the Capital.com website and the Youtube trading channel, Capital.com TV. To begin using the platform, please visit www.capital.com. About Capital.com Capital.com is a high-growth investment trading fintech group of companies empowering people to participate in financial markets through secure, low-friction, innovative platforms that take the complexity out of investing. Its intuitive, award-winning platform, available on web and app, offers investors a seamless trading experience to over 3400 world-renowned markets. To help investors trade with confidence, the platform is enabled with robust risk management controls and transparent pricing while its all-in-one Investmate app delivers extensive financial lessons and educational content to support clients in their investment journey. Capital.com has clients in over 180 countries with offices located in the UK, Gibraltar, Australia, Cyprus and Belarus. In 2020, the platform reported a 700 per cent growth in its client base, making it one of Europe’s fastest growing investment trading platforms with more than 2 million clients. Capital Com (UK) Limited is authorised and regulated by the Financial Conduct Authority (FCA). Capital Com SV Investments Limited is authorised and regulated by the Cyprus Securities and Exchange Commission (CySEC), under license number 319/17. Capital Com Australia Limited is authorised and regulated by the Australian Securities and Investments Commission (ASIC) under AFSL Number 513393. To find out more, please visit: www.capital.com. Trading on margin is high risk and is not suitable for everyone. Refer to our Product Disclosure Statement. This press release is for media use only. It’s not intended for individual investors, and doesn’t include personal advice or recommendations. If you don’t want to receive our press releases, please let us know by responding to this email and we’ll remove you from our distribution list. For media enquiries, please contact:shamillia.sivathambu@capital.com+44 (0)7900016469 SOURCE: Capital.com

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Sansheng Holdings’ Profit Attributable to Equity Shareholders Soars by Nearly Threefold to Approximately RMB625.9 million in 1H 2021

HONG KONG, Aug 23, 2021 - (ACN Newswire via SEAPRWire.com) - Sansheng Holdings (Group) Co. Ltd. (stock code: 2183.HK), which is principally engaged in property development and property investment, has announced its unaudited interim results for the six months ended 30 June 2021. During the Period, the overall operation of Sansheng Holdings was satisfactory and its financial position remained stable and healthy. Revenue increased by 198.9% year-on-year to approximately RMB5,131.8 million. Profit attributable to equity shareholders soared by 293.1% year-on-year to approximately RMB625.9 million. Basic earnings per share were RMB1.28 (1H2020 (restated): RMB0.32), a sharp threefold year-on-year increase. Moreover, substantial contracted but unrecognized sales of approximately RMB31,161.9 million were achieved as of 30 June 2021, providing a solid base for the Group's future growth in recognized revenue.Mr. Lin Rongbin, Executive Director and Chairman of Sansheng Holdings, said, "Sansheng Holdings has smoothly implemented its strategic plan during the review period. We have proactively selected property development projects from cities with a robust economy and avoided projects from areas where stringent real estate policies such as restrictions on purchases and prices are in effect. What's more, we have actively participated in various land bids, which have contributed to our land bank and laid a strong foundation for the property development business going forward."Currently, the "Western Straits Economic Zone", the "Yangtze River Delta Economic Zone" and the "Bohai Economic Rim" are key regions where the Group has been able to derive business contributions. In recent years, expansion into the "Guangdong-Hong Kong-Macau Greater Bay Area" and "Yangtze River Economic Belt" markets has also become new highlights of the Group. The Group has been improving its business scale and operating results, and progress in the areas of overall business strategic layout and optimization have been achieved.Significant increase in revenue from sales of properties and prudent expansion of land bankSansheng Holdings' revenue from the sale of properties totaled approximately RMB4,965.7 million during the Period (1H2020 (restated): approximately RMB1,659.5 million), and was mainly attributed to the delivery of properties located in Fuzhou, Nantong and Qingdao. The significant revenue increase was also principally due to more properties delivered during the period as compared with the first half of 2020. As at 30 June 2021, the Group has a total of 56 property projects that are held for sale, under development, or held or secured for future development. Total site area of its land bank was approximately 3,602,663 sq.m. and planned total GFA was approximately 10,626,522 sq.m., of which 7,408,536 sq.m. were attributable to the Group based on its equity interests.In the first half of 2021, the Group acquired or secured to acquire interest in a total of four new land parcels. The total planned GFA of the new land acquisitions amounted to approximately 850,955 sq.m., of which 545,125 sq.m. were attributable to the Group based on its equity interests.Growth in rental income from investment propertiesSansheng Holdings' portfolio of investment properties comprises nine investment properties in Hong Kong and Mainland China. During the period, rental income from the Group's investment properties reached approximately RMB49.80 million (1H 2020 (restated): approximately RMB37.20 million), and was mainly derived from commercial investment properties in Yangzhou, Fuzhou, Harbin, Qingdao and Chengdu. The increase was largely attributable to greater rental income as the effects of the COVID-19 pandemic were brought under control. Sound financial positionAs of 30 June 2021, the Group's total assets reached RMB60.09 billion, with stable cash flow. Its cash and cash equivalents amounted to approximately RMB8.10 billion. In addition to sufficient cash flow, the Group had unutilized credit facilities amounting to approximately RMB6.33 billion. Looking to the future, Mr. Lin Rongbin concluded, "We at Sansheng Holdings will maintain sensitive to the market dynamics of the real estate industry and deftly respond to volatile macro policies. While adhering to an established strategic direction, we will actively and effectively make tactical adjustments and local optimizations to achieve moderate business scale while constantly striving for greater efficiency. In the face of uncertain market conditions in the future, the Group will adhere to a proper development path. We will proceed with making investments in established regions, cultivate the potential of newly expanded regions, continuously optimize our own system to realize 'management-driven bonus', improve performance and create better returns for our investors based on a 'long-term perspective'." Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Huatai Securities’ Asset Management Unit Joins UN-Supported Principles for Responsible Investment

SHANGHAI, CHINA, Jul 14, 2021 - (ACN Newswire via SEAPRWire.com) - Huatai Securities Co., Ltd. (601688.CH; 6886.HK; HTSC.LI) today announced that its wholly-owned subsidiary, Huatai Securities (Shanghai) Asset Management Co., Ltd. ('HTSCAM' or 'the Company') has become a signatory of the United Nations-supported Principles for Responsible Investment (UNPRI).As a signatory, HTSCAM is committed to integrating the UNPRI's investment principles - which incorporate environmental, social and governance (ESG) factors - into investment decision making and ownership practices to provide better services for investors.UNPRI's six principles for responsible investment:-- We will incorporate ESG issues into investment analysis and decision-making processes-- We will be active owners and incorporate ESG issues into our ownership policies and practices-- We will seek appropriate disclosure on ESG issues by the entities in which we invest-- We will promote acceptance and implementation of the Principles within the investment industry-- We will work together to enhance our effectiveness in implementing the principles-- We will each report on our activities and progress towards implementing the principlesUnder the UNPRI's six responsible investment principles, HTSCAM will develop and build an ESG investment research framework, to better integrate ESG into the investment process. This framework will further empower responsible investment and financing, and bolster ESG product innovation and comprehensively improve risk management, allowing HTSCAM to seize long-term environmental and sustainable investment opportunities and achieve enhanced investment returns while fostering the sustainable development of capital markets in China and the world.HTSCAM's commitment to ESG principles at an operational and business level are hallmarks of the Company and evidenced by numerous industry-first green ABS projects which include financing for solid waste treatment, alternative energy, carbon neutrality, and other industries. The ABS products also adhere to the concept of socially responsible investment and provide efficient, long-term, and sustainable financial support to enterprises. In addition, some ABS projects have also addressed the need for pandemic prevention equipment (PPE), offering efficient and low-cost financial support for PPE leasing in different regions across China in the fight against the pandemic. In tandem with its commitment to ESG, HTSCAM has actively practiced a "dual-pronged" development strategy of wealth management and institutional services in recent years, and leads the industry in investment management capability and investment performance, reaching nearly RMB600 billion AUM by the end of 2020.Launched in 2006, the UNPRI is the world's leading proponent of responsible investment. Supported by the United Nations, it works to understand the investment implications of ESG factors and to support its international network of investor signatories in incorporating these factors into their investment and ownership decisions.For enquiries, please contact:Citigate Dewe RogersonBenny Liu Tel: +86 10 6567 5056Linda Pui Tel: +852 3103 0118Email: HTSC@citigatedewerogerson.comAbout Huatai SecuritiesFounded in 1991, Huatai Securities is a leading integrated securities group in China with an extensive and engaging customer base, cutting-edge digital platforms and highly synergetic business model, headquartered in Nanjing, China. The Company's principal businesses comprise of wealth management, institutional services, investment management and international business. We provide comprehensive, fully integrated, professional and diversified securities services for individuals and institutional clients and aim to become a leading integrated financial group with strong domestic advantages and global influence. For more information, please visit www.htsc.com. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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Aufort Launches Digital Gold Retail Platform and a Million Euro Gold Bounty Aimed at New Traders

Tallinn, Estonia / SEAPRWire / July 06, 2021 / - Recently, Aufort, the Estonian-Austrian retail platform aimed at people looking to gain exposure to gold free from intermediaries and related costs has officially launched. It is the first company in the world that offers a platform where one can buy, sell, and withdraw digital gold in a convenient e-shop format. To celebrate this important milestone, Aufort is giving away 1,000,000 euros worth of gold. Platform aims to provide retail investors interested in gold as an asset class but have traditionally been put off by the high entry costs, storage limitations and liquidity. Retail investors can gain exposure to gold as an asset class for under €30 E-store solution enables people to buy, store, sell, and withdraw their gold holdings easily AufortGold's eCommerce solution for investment gold is based on Obyte's Direct Acyclic Graph (DAG) technology to increase transparency and reliability. DAG technology was selected by Aufort due to its ability to process a high number of transactions per second (TPS), almost non-existent transaction costs, low energy use, deterministic finality and ability to scale making it suited for large numbers of retail investors. Gold is stored on behalf of the customer in secure vaults based in Austria and Estonia and can be resold at the current global market price or conveniently withdrawn as a gold bar as low as one gram. "Innovative digital solutions are giving gold more and more new uses, which means that in the near future, transferring gold, paying with gold at a grocery store or borrowing with gold as collateral will be just a few examples of this," commented Bert-Ken Raudberg, founder of Aufort. In autumn, Aufort's innovative product was selected for the Tehnopol Startup Incubator and in December, more than 60 investors invested 200,000 euros in the company's activities in a private co-financing round. The digital investment gold e-store solution is one of the first tangible fruits of last year's investment. This summer, however, the company is kicking off a campaign to raise awareness by giving away a million euros worth of gold. "Interest in gold is growing, which was confirmed by last year's successful financing round and our growing customer base, which sees strong competition in gold for both bonds and shares. With a gold injection of one million euros, we are offering beginners and experienced investors an extraordinary opportunity to enter the gold market, which should definitely be an option worth looking at in this current time of accelerating inflation, "said Bert-Ken Raudberg, founder of Aufort. The campaign will last until 15th of July or until the gold runs out. Gold can be redeemed until August 31st, 2021. To participate in the campaign, you must register on the campaign page (https://giveaway.aufort.gold), after which you will be sent instructions on how to receive a piece of gold. Recently, Aufort has sold a total of just over 125,000 grams of gold and silver to thousands of Estonian customers. This autumn, the company will be holding a second round of public financing to actively expand further into Europe and USA and bring new gold investment solutions to the market. Aufort's aim is to grow into a next generation gold bank. About the company Aufort has been buying and selling investment gold and silver since 2014. The new digital product, AufortGold, has just been launched, and offers the simplest, most convenient, and fastest solution of investing in gold for both beginners and experienced investors. Aufort is the first company in the world to offer its customers the opportunity to buy physical gold in digital form through an online store.   Social Links Facebook: http://facebook.com/aufort.gold Instagram: https://instagram.com/aufort.gold Twitter: https://twitter.com/aufortgold   Media Contact Company: Aufort Contact: Bert-Ken Raudberg Email: press@aufort.gold Website: https://aufort.gold   SOURCE: Aufort   The article is provided by a third-party content provider. SEAPRWire ( www.seaprwire.com ) makes no warranties or representations in connection therewith. Any questions, please contact cs/at/SEAPRWire.com Sectors: Top Story, Daily News SEA PRWire: PR distribution in Southeast Asia (Indonesia, Thailand, Vietnam, Singapore, Malaysia, Philippines & Hong Kong )

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334 suspected scammers, including 14-year-old, money mules investigated for loss of over $9m

SINGAPORE - A 14-year-old is among 334 people who are being probed by the police for scams that led to victims losing over $9.23 million. In a statement on Saturday (July 3), the police said 225 men and 109 women are being investigated for their suspected involvement in 872 reported scams. This comes after a two-week island-wide operation between June 19 and Friday by officers from the Commercial Affairs Department and seven police land divisions. The suspects are alleged to be involved in a wide range of scams, including the impersonation of business e-mails, tech support, government officials and China officials, as well as Internet love scams, e-commerce scams, investment scams, job scams, fake gambling platform scams, and loan scams. The suspects, aged between 14 and 72, are being investigated for the offences of cheating, money laundering, or providing payment services without a licence. Those found guilty for the offence of cheating under the Penal Code can be jailed for up to 10 years and fined. Under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act, people convicted for money laundering can be imprisoned for a maximum of 10 years, fined $500,000, or both. The offence of providing payment services without a licence carries a fine not exceeding $125,000, imprisonment for a term not more than three years, or both. Said the police: "To avoid being an accomplice to crimes, members of the public should always reject requests by others to use your bank account or mobile lines as you will be held accountable if these are linked to crimes." For more information on scams, people can visit this website or call the Anti-Scam Hotline at 1800-722-6688. Anyone with information on such scams may call the Police hotline at 1800-255-0000 or submit information online at this website. More on this topic   Related Story 27 probed in S'pore over suspected involvement in job scam run by HK syndicate   Related Story Police investigate 311 people in S'pore over alleged scams; victims lose more than $8.2 million

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Pertama Digital makes leap forward with two new investors for its digital bank

PENANG, Malaysia, Jun 24, 2021 - (ACN Newswire via SEAPRWire.com) - Pertama Digital Berhad announced today that it has signed Memoranda of Understanding (MoUs) with Perfect Hexagon Commodity and Investment Bank Limited ("PHCIB") and Alsirat Sdn Bhd ("ASB") to secure investment for its proposed digital bank.Licensed as a Labuan investment bank under the Labuan Financial Services Authority, PHCIB is wholly owned under Perfect Hexagon Limited ("PHL"), a Hong Kong based entity. PHL is a global commodity and trade finance leader. PHL is also an Associate Participant of Bursa Malaysia Derivatives Berhad and a Liquidity Provider for the Hong Kong Exchanges and Clearing Limited.Meanwhile, ASB is a wholly owned Bumiputera company that has more than 30 years' experience in delivering mission-critical projects for customers since its inception. It provides digital evidence management solutions, big data analytics, machine learning, artificial intelligence and Internet of Things services.According to the two MoUs, PHCIB and ASB both wish to support financial inclusion initiatives by investing in the digital bank proposed by Pertama Digital. Both investors will participate by contributing to the digital bank's initial capital funds alongside Pertama Digital.Pertama Digital's Director of Strategy, Saify Akhtar, who also leads the company's digital bank initiative, said: "We are pleased to welcome PHCIB and ASB as investors who bring additional long-term financial strength to our digital banking consortium, further enhancing our ability to deliver the financial inclusion objectives set out in Bank Negara Malaysia's licensing framework for digital banks."PHL's Group Director, Yap Sheng Feng, said: "PHCIB's participation in this will be a synergistic collaboration with the consortium members, by leveraging on our experience in investment banking, treasury and asset management. With PHCIB's global presence, Pertama Digital's consortium can have a wider reach not just domestically but internationally as well."ASB director Tan Sri Abdul Rashid bin Abdul Manaf added: "ASB has seen first-hand the need to accelerate digital inclusivity due to the nature of our business, and we have decided that Pertama Digital's unique focus on helping financially underserved Malaysians gain access to financial services is one that we would like to align ourselves with. The potential for horizontal synergies between ourselves, Pertama Digital and the digital bank is something that we look forward to as well."Pertama Digital is building a bank with both ethical and digital cores, offering responsible financing for productive purposes, in the best interests of its customers. The consortium intends to handhold customers to boost financial literacy and improve the relationship between Malaysia's financially underserved and their money.Pertama Digital, listed on the Main Market of Bursa Malaysia, received overwhelming shareholder approval on 21 August 2020 for its pivot from the textile business to the technology sector. Through an investment into homegrown govtech company, DAPAT Vista (M) Sdn Bhd, Pertama Digital is capitalising on global digital acceleration trends and has recently seen increased uptake in the group's innovative digital solutions such as MyPay and eJamin, the world's first smartphone court bail payment solution, now live in courts all over Malaysia. Copyright 2021 ACN Newswire. All rights reserved. (via SEAPRWire)

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