Fourth Paradigm’s Platform Business Grew by 50.2% in the First Three Quarters

Fourth Paradigm’s Platform Business Grew by 50.2% in the First Three Quarters

HONG KONG, Nov 19, 2024 - (ACN Newswire via SeaPRwire.com) - Beijing Fourth Paradigm Technology Co., Ltd. (“Fourth Paradigm” or the “Company”, Stock Code: 6682.HK) announced its core business update for the period ended September 30, 2024. The Company achieved a revenue of RMB3.2 billion in the first three quarters of this year, marking a 26.1% year-on-year increase. The gross profit reached RMB1.4 billion, showing a 12.5% year-on-year growth.The company's core business, the Sage AI platform, has shown significant growth, generating a revenue of RMB2.2 billion, representing a year-on-year increase of 50.2%. According to data from International Data Corporation (IDC), a reputable international research institution, Fourth Paradigm has consistently ranked first in the machine learning platform sector in China in terms of market share for six consecutive years.The Company continues to enhance key capabilities within the Sage AI platform, such as AI Agent and GPU resource pooling, and has successfully achieved end-to-end capabilities in computing power, platform infrastructure, model development, and application deployment. Through the "Sage Inside" model, Fourth Paradigm has efficiently developed over 40 artificial intelligence products, significantly expanding the boundaries of industrial ecosystems and empowering various industries with artificial intelligence applications.In the first three quarters, Fourth Paradigm has seen a continual improvement in customer service depth and user engagement. The Company has focused on industries such as transportation, energy and power, finance, and telecommunications, with a total of 224 corporate users, including 98 lighthouse users. On average, lighthouse users, namely Global Fortune 500 companies and publicly listed companies, contribute approximately RMB14.9 million in revenue.The core business grew by 50.2%, with the "Sage Inside" model and 40 AI products driving long-term growthThe Fourth Paradigm Sage AI platform serves as the nucleus of all operations of the Company. In the first three quarters, the industry-leading large model development and management platform, "Sage AI Platform 5.0", has achieved end-to-end capabilities in computing power, platform infrastructure, model development, and application deployment. The AI platform continues to optimize key capabilities such as AI Agents, GPU resource pooling, and unified model hosting. It also integrates generative AI with various ecosystem products and solutions to advance the deployment of generative AI.For instance, AI Agent has enhanced the precision of complex reasoning and execution, covering the entire lifecycle from large model Agent design, development, commissioning, deployment, operational analysis, to self-learning optimization, providing a stable and reliable support for Agent production applications. Additionally, the Company has further improved AI Coding products in terms of enterprise-side product functionality and application effectiveness, thus reducing development barriers, enhancing code development efficiency, and transforming enterprise software interaction methods to scale up AI application development.The Company continues to innovate AI business application models, scaling the construction of AI products applicable to various scenarios through the "Sage Inside" model. As of September 30, 2024, under this model, the Company has developed over 40 AI products, including solutions like intelligent mouse solution, intelligent meeting solution, vGPU, AI Data Foundry, large model toolchains, the integrated platform "Tianshu" for search, advertising and promotion, Model Hub for large model hosting, intelligent number query, AI digital human video generation platform, Smart Archive 2.0 for document digitization management, AI+5G video marketing, AI quality inspection systems, 3D scanning and modeling devices, and many more. These AI products have been widely applied in enterprises, expanding the industry coverage of the Sage AI platform and providing long-term growth impetus for the Company's future business development.AI Agent empowers multiple solutions, scaling the development of industry large models with demonstrative significanceDuring the period, Fourth Paradigm further expanded the coverage and penetration of its technology and products across multiple industries and scenarios. In terms of product feature iterations, the Company integrated AI Agent capabilities into AIGS Builder, AIGS CodeX, and various intelligent hardware solutions, enabling products to achieve more complex reasoning and execution capabilities. Moreover, the AI Agent based on reinforcement learning technology has formed a self-learning loop, where the more users engage with it, the stronger the model's reasoning and execution capabilities become.During the period, the Company collaborated with lighthouse users to jointly create a set of industry-leading large models with demonstrative significance, accelerating the widespread application of AI technology across various industries.In the field of transportation, the Company partnered with a globally leading port group to build a large model for port supply chain management, providing intelligent capabilities for the transformation of comprehensive port supply chain services and promoting sustainable applications of large models in the port and maritime industries and related businesses. For academic translation, the Company collaborated with Modern Press to establish the first professional publishing large model in China, elevating the translation quality of large models to academic publication standards. Compared to general-purpose large models in professional book translations, this large model showed an improvement of over 30% in BLEU (BLEU: a mainstream evaluation standard for machine translation, primarily assessing translation quality by comparing the similarity between machine-translated results and human reference translations), meeting the high-accuracy translation demands of academic verticals. Copyright 2024 ACN Newswire via SeaPRwire.com.
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14th Asian Logistics, Maritime and Aviation Conference opens today

14th Asian Logistics, Maritime and Aviation Conference opens today

- The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC) takes place at the Hong Kong Convention and Exhibition Centre on 18 and 19 November- Under the theme “Shaping the Future of Supply Chains: Resilience and Sustainability”, over 80 distinguished speakers will participate in more than 20 forums to exchange views and discuss the latest industry developments- The first day of the conference features a special address by Chan Kwok-ki, Acting Chief Executive of the HKSAR; Fu Xuyin, Vice Minister of the Ministry of Transport, the People's Republic of China, and officials from ASEAN countries, reinforcing Hong Kong’s position as a superconnector and an international shipping centre and aviation hub- Sessions focus on three major trends – supply chain diversification, sustainability and green energy and innovation and technologyHONG KONG, Nov 18, 2024 - (ACN Newswire via SeaPRwire.com) - Following the Resolution of the Third Plenary Session of the 20th Central Committee of the Communist Party of China and measures proposed in the latest Policy Address to strengthen Hong Kong’s status as an international shipping centre and aviation hub, the 14th Asian Logistics, Maritime and Aviation Conference (ALMAC), co-organised by the Hong Kong Special Administrative Region (HKSAR) Government and the Hong Kong Trade Development Council (HKTDC), commences today at the Hong Kong Convention and Exhibition Centre, under the theme “Shaping the Future of Supply Chains: Resilience and Sustainability”. As an annual event for the logistics, maritime, aviation and supply chain industries, the two-day conference gathers more than 80 heavyweight speakers, including government officials and industry leaders, to discuss industry trends and opportunities to help promote high-quality development of the logistics and supply chain management industry.Chan Kwok-ki, Acting Chief Executive of the HKSAR, delivered a special address, followed by Fu Xuyin, Vice Minister of the Ministry of Transport, the People's Republic of China, Loke Siew Fook, Minister of Transport, Malaysia, H.E. Heng Nan, Secretary of State of Ministry of Public Works and Transport, Kingdom of Cambodia, H.E. Saysongkham Manodham, Vice Minister of Public Works and Transport Lao PDR, and H.E. Nguyen Xuan Sang, Deputy Minister of Transport, Vietnam. ASEAN is Hong Kong's second-largest trading partner, with a total bilateral trade of US$144.6 billion last year. As Hong Kong is actively seeking membership of the Regional Comprehensive Economic Partnership (RCEP), trade relations between Hong Kong and ASEAN are poised to deepen further. The participation of government officials from ASEAN countries in the conference underscores the robust cooperation between Hong Kong and ASEAN.Margaret Fong, HKTDC Executive Director, said in her welcome remarks: “In today’s fast-moving world, global trade has been buffeted by numerous headwinds, including geopolitical tensions and tariffs. This is further compounded by global logistics bottlenecks, rising freight rates, increased focus on sustainability and the growing uptake of digitalisation. As businesses grapple with such a complex environment, it is evident that effective supply chain management is the essential engine that drives sustained growth in global trade. It plays a pivotal role in combating uncertainty and future-proofing business operations. Reflecting the vital importance of Asian supply chains in today’s interconnected world, this year’s ALMAC will zero in on global business opportunities and supply chain management.Chan Kwok-ki, Acting Chief Executive of the HKSAR, said in his special address: “We see long-term opportunity in Hong Kong’s rise as a green and smart port. Our Action Plan on Maritime and Port Development Strategy outlines that promising future, including building green fuel-bunkering capabilities. Just three days ago, we published an action plan on developing Hong Kong into a green maritime fuel-bunkering centre. Combining our aviation and maritime strengths, Hong Kong has long been a major cargo gateway to and from the Greater Bay Area.”He additionally mentioned: “We will also step up efforts to develop Hong Kong into a cross-boundary, e-commerce logistics and distribution centre. This year’s Asian Logistics, Maritime and Aviation Conference is all about creating a resilient and sustainable future for global supply chains. And Hong Kong is determined to play a vital part in that promising future.”As the engine of business operations, supply chain management plays a pivotal role in combating uncertainty and future-proofing development. The first day featured a session titled “Steering Business Growth: Building an Evolving Supply Chain” hosted by Kelvin Leung, the immediate past President of the Chartered Institute of Logistics & Transport in Hong Kong. Speakers including David O. King, Senior Vice President, Commercial, SEKO Logistics, Jotaro Tamura, Senior Managing Executive Officer, Mitsui O.S.K. Lines, and representatives from international brands - including Arjen van Diepen, Head of Global Strategic Planning, the HEINEKEN Company, Bjoern Neal Kirchner, Corporate Vice President, Supply Chain Management, Henkel, and Kalyan Chakravorty, Senior Director, Global Productivity, Benchmarking & Analytics, MondelÄ“z International - analysed the challenges and opportunities encountered by global supply chains and delved into how supply chain transformation and innovation could drive business expansion and foster sustainable development.A newly introduced session, “Navigating New Trade Lines for Mitigating Disruptions”, brought together industry leaders, including David O. King, Senior Vice President, Commercial, SEKO Logistics, Wilson Kwong, Chief Executive, Hong Kong Air Cargo Terminals, Eng. Loay Mashabi, Managing Director, Saudia Cargo, Louis Tang, Managing Director, Ocean Network Express (East Asia), and Delia Sun, Head of Supply Chain Management, DKSH. The session explored supply chain diversification and how emerging markets in Asia, the Middle East and North America can help enterprises build more resilient networks.Two Air Freight Forums explore Hong Kong’s future as an aviation hubBeginning operations at the end of this month, the Hong Kong International Airport three-runway system will significantly enhance the airport’s passenger and cargo capacity and help consolidate Hong Kong’s position as an international aviation hub. Co-organised with the Airport Authority Hong Kong, two air freight forums “Cargo Aviation Hub of the World” and “Digital Air Cargo and Global Trade Ecosystem” feature experts including Tom Owen, Director, Cargo, Cathay Cargo, Dereje Derero, Managing Director, Ethiopian Cargo and Logistics Services, Ming Chan, Associate Fintech Director, Financial Infrastructure Department, Hong Kong Monetary Authority, and Philip Chan, Head of Wholesale Digital, Hang Seng Bank, to discuss how the cargo industry can enhance Hong Kong’s competitive edge as an international aviation hub through collaboration in premium warehousing, digital technology, and talent development.Day 2 focus on sustainability and green energy, 5 workshops will be held in the afternoonGiven society’s greater emphasis on climate change action, more and more businesses across different industries are striving to reduce their carbon footprint and move towards net-zero emissions. Hong Kong is also committed to developing as a green maritime centre. In tomorrow’s sessions “Fostering Sustainable Trade: Embracing Future-proofing Supply Chains and the debut “Green Energy Forum: Energy Transition towards Net Zero Emissions”, Pernille Dahlgaard, Chief Officer of Government, Business & Analytics, Mærsk Mc-Kinney Møller Center for Zero Carbon Shipping, Achim Martinka, Vice President, Global Airfreight-Commercial & Sustainability, DSV, Scott Childress, Chief Sustainability Officer, UPS, and Paolo Gallieri, Chief Operation Officer, Zhero, will shed light on best practices in integrating sustainability and explore strategies and technologies that facilitate the energy transition.In addition to thematic forums, ALMAC will feature a series of workshops on environmental, social and governance (ESG) initiatives, e-commerce, youth empowerment, halal logistics, and air freight decarbonisation. Speakers from Shell Aviation, Hong Kong Air Cargo Terminals Limited, Arup, and DKSH will provide participants with practical insights and tips.Following last year’s success, this year's ALMAC exhibition continues to feature three zones including Logtech Salon, Supply Chain Management and Logistics Services, and Maritime and Port Services, showcasing innovative logistics and supply chain solutions from 90 exhibitors, including three major Hong Kong air cargo terminals (Hong Kong Air Cargo Terminals, Cathay Cargo Terminal, and Asia Airfreight Terminal), together with other leading companies such as Mitsui O.S.K. Lines and Ocean Network Express. The Hong Kong Association of Freight Forwarding and Logistics and Hong Kong Science and Technology Parks (HKSTP) also host exhibition pavilions.The HKTDC encourages enterprises to leverage its trade platform and events to seek global business opportunities. Business matching sessions are offered at ALMAC, bringing together shippers and service providers to foster business partnerships and promote industry development.Photo download︰https://bit.ly/4fwil2mIn her welcome remarks, Margaret Fong, Executive Director of the Hong Kong Trade Development Council (HKTDC), said: “Reflecting the vital importance of Asian supply chains in today’s interconnected world, this year’s ALMAC will zero in on global business opportunities and supply chain management.”The 14th Asian Logistics, Maritime and Aviation Conference (ALMAC), jointly organised by the HKSAR Government and the HKTDC, commenced today at the Hong Kong Convention and Exhibition Centre and will run until tomorrowChan Kwok-ki, Acting Chief Executive of the HKSAR, delivered special remarks at ALMACFu Xuyin, Vice Minister of the Ministry of Transport, the People’s Republic of China, delivered special remarks at ALMACLoke Siew Fook, Minister of Transport, Malaysia, delivered special remarks at ALMACALMAC features three exhibition zones including Logtech Salon, Supply Chain Management and Logistics Services, and Maritime and Port Services, showcasing innovative logistics and supply chain solutions from 90 exhibitorsALMAC: https://www.almac.hk/main/en/ALMAC programme: https://almac.hktdc.com/conference/almac/en/programmeALMAC speaker list: https://almac.hktdc.com/conference/almac/en/speakerMedia enquiriesYuan Tung Financial Relations:Agnes Yiu Tel: (852) 3428 5690 Email: ayiu@yuantung.com.hkEdmund Choi Tel: (852) 3428 2360 Email: echoi@yuantung.com.hkHKTDC Communications & Public Affairs Department:Stanley So Tel: (852) 2584 4049 Email: stanley.hp.so@hktdc.orgClayton Lauw Tel: (852) 2584 4472 Email: clayton.y.lauw@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout HKTDCThe 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. Copyright 2024 ACN Newswire via SeaPRwire.com.
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The 6th BDO ESG Awards receives overwhelming response

The 6th BDO ESG Awards receives overwhelming response

HONG KONG, Nov 19, 2024 - (ACN Newswire via SeaPRwire.com) - BDO, the world’s fifth largest accountancy and advisory network, has been organising the BDO ESG Awards since 2018, becoming a pioneer in advocating companies’ acceptance of their social responsibilities through the integration of sustainable practices into their business models. Entering its sixth anniversary, the Awards received a record high nomination compared with previous years, with more than 110 applications. BDO will continue to promote the development of enterprises in the field of environmental, social and governance (ESG). BDO recognises Hong Kong-listed companies that have excelled in areas of ESG through the Awards, and encourage more companies to work together for a greener and more climate-resilient future. The BDO ESG Awards has been well received by listed companies in Hong Kong, and this year, as in previous years, received an overwhelming number of nominations. The winners of the various categories, including the Best in ESG Awards, the Best in Reporting Awards, the ESG Report of the Year Awards, the Theme Award and the Outstanding ESG Performance of H-share Companies Awards, will be officially announced at the BDO ESG Awards Presentation Ceremony on 11 December 2024. This year’s Theme Award again commends listed companies that have adopted best practices in ‘carbon neutrality’, highlighting the key role that companies play in mitigating climate change and shaping a zero-carbon, greener, and more climate-resilient future. Companies that are committed to achieving ‘net-zero’ carbon emissions and have demonstrated excellence in the following areas are eligible to compete for the Theme Award:I.Biggest reduction in carbon emissions (absolute and intensity) from business for the year;II.Carbon reduction initiatives launched during the year that could significantly reduce carbon emissions from business in the long-run;III.Long-term vision and action plans implemented to achieve carbon neutrality Ricky Cheng, Director and Head of Risk Advisory of BDO, said, “We are pleased that this year's BDO ESG Awards has again been a huge success, receiving an overwhelming response. A record number of over a hundred listed companies have submitted applications, reflecting a growing number of companies that are committed to sustainable development and have practically integrated ESG principles and climate change considerations into their business strategies. Although companies are paying increasing attention to ESG and climate change issues, BDO, as an advocate for sustainable development, hopes to leverage the annual Awards to continuously raise public awareness of the importance of these issues. The Awards not only recognises companies that have demonstrated excellence in ESG performance and fulfilled their ESG commitments, but also motivates others to make greater efforts to build a zero-carbon future.” On 19 April 2024, the Hong Kong Stock Exchange (HKEX) released the results of a consultation on climate disclosure requirements and published the “Implementation Guidance for Climate Disclosures under HKEX ESG reporting framework”. With reference to IFRS S2 Climate-related Disclosures, HKEX’s Environmental, Social and Governance Reporting Code (ESG Code)1 will require issuers to make climate-related disclosures in phases starting 1 January 2025 to further enhance the quality, consistency and comparability of climate-related disclosures in Hong Kong's financial industry. By aligning with international standards and providing options with less burden, HKEX encourages issuers to disclose relevant information without undue burden. Ricky added, "Climate change and global warming are serious challenges facing all of humanity. To address these environmental issues, in addition to relying on various government initiatives such as ‘Hong Kong's Climate Action Plan 2050’ and the ongoing update of the climate risk reporting regulations for listed companies by HKEX, we still need the support of society and businesses to realise carbon emission reduction and promote the green and sustainable development of Hong Kong. BDO believes, the mission of safeguarding and ensuring a sustainable future for all mankind can only be achieved if companies from all sectors act from the heart and understand their responsibility and importance in promoting long-term net-zero carbon emissions in their business operations. By formulating a clear and effective carbon neutrality blueprint, companies can progressively meet their carbon reduction commitments and create sustainable long-term value for stakeholders and the next generation, which will ultimately help enhance Hong Kong's green finance credentials and strengthen the city’s position as a trusted and leading financial hub for investors.” Note to editorsAbout BDO Limited BDO's global organisation extends across 166 countries and territories, with more than 115,600 professionals working in over 1,770 offices - and they're all working towards one goal: to provide our clients with exceptional service. BDO was established in Hong Kong in 1981 and is committed to facilitating the growth of businesses by advising the people behind them. BDO Hong Kong provides an extensive range of professional services including assurance services, risk advisory services, specialist advisory services and tax services. For more details, visit www.bdo.com.hk.ContactsSala LoSenior Marketing Manager and Team Head BDO Hong Kong Heidi LauSenior Marketing ManagerBDO Hong Kong Strategic Financial Relations LimitedVicky Lee Yoko LiTel +852 2218 3042Mobile +852 9613 5175salalo@bdo.com.hk Tel +852 2218 2325Mobile +852 9285 4151heidilau@bdo.com.hk Tel +852 2864 4834sprg_bdo@sprg.com.hk Tel +852 2864 4813sprg_bdo@sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
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GTDC Summit APJ Highlights IT Distributors’ Roles in Navigating Digital Transformation

GTDC Summit APJ Highlights IT Distributors’ Roles in Navigating Digital Transformation

SINGAPORE, Nov 19, 2024 - (ACN Newswire via SeaPRwire.com) - Top executives from the IT distribution and technology vendor sectors convened today at the inaugural GTDC APJ-Summit 2024 to discuss the current position and future outlook of these critical communities. The Summit underscored the essential role distributors play in scaling emerging technology sales and adoption and developing new opportunities through digital marketplaces and alliances with hyperscalers.Frank Vitagliano emphasizes the rising value of distribution as he opens the inaugural GTDC Summit APJ.The vast scale and economic and cultural diversity of the APJ region necessitates local expertise. As vendors adopt varied approaches to managing channels, they are increasingly relying on distributors to support emerging markets while focusing internal resources on more mature communities. This strategy provides greater reach, especially in areas where direct coverage would be inefficient, and represents a broader shift towards optimizing orchestration through partnerships."Distributors are ideally positioned to bridge complex regional and in-country dynamics, with local representatives who understand cultural and language nuances to best support the objectives of their vendors and partners. Focusing on enablement programs and relationship-building allows distributors to create strategic value that ensures the successful adoption of advanced technologies across diverse APAC markets," said Frank Vitagliano, CEO, GTDC.IT spending across Southeast Asia and India is accelerating, driven by SMBs embracing digital transformation through cloud software, cybersecurity, and logistics investments. This digital shift generates increased demand for cloud infrastructure, managed services, and robust security solutions. Simultaneously, according to IDC, AI adoption is further fueling the region's technological momentum, with spending in this area expected to reach $78 billion by 2027, with a 25% annual growth rate. Distributors empower those advances while transforming the customer experience and operational efficiencies across these key sectors.Vendors also rely on distributors to meet the rising demand for AI, sales, and technical support as the region struggles with talent shortages, especially in these key areas.Distributors are meeting these demands while unlocking new opportunities using advanced data analytics. Channelnomics CEO Larry Walsh emphasized these organizations' capabilities for identifying "white space" and expanding partner networks. "While data provides direction, its true value lies in transforming insights into actionable strategies for partners. Distributors are pivotal in redefining go-to-market models, guiding partners through business-enhancing engagements and maximizing channel potential."Other Memorable Highlights from Summit APJThe summit focused on the changing dynamics of IT distribution, emphasizing the increasing importance of Southeast Asia and India in the global tech sector. Key sessions included:John Marrett from the EIU spoke to the rapidly expanding marketplace and described the ways technical innovation is changing businesses and communities. From shifts in monetary and fiscal policies to currency fluctuations and international financial institutions' activities, he highlighted the impact of these movements on the APJ's IT community.Avneesh Saxena of IDC showed how innovation affects global IT relationships and creates new opportunities for the channel. He emphasized the key industry trends, barriers, and investments and explored the evolving dynamics between partners, vendors, and distributors.Larry Walsh of Channelnomics examined the often-overlooked pieces of the vendor-distributor relationship and hit on other key findings of their recently released study with GTDC. Focused on the Asia-Pacific region, the new report shows vendors how to maximize the value of their distribution relationships.Vitagliano also moderated a panel discussion with senior distribution executives, including William Ong,VST ECS;V.S. Hariharan, Redington Limited; Luis Lourenco, Ingram Micro; Jaideep Malhotra, TD SYNNEX; and Patrick Aronson, Westcon-Comstor. Panelists highlighted how regional distributors are innovating and creating programs that facilitate the adoption of new technologies, optimize go-to-market strategies and enhance other business activities.The council's next global event GTDC Summit North America, February 19th -20th, 2025, at the Mission Pacific & Seabird Resort in Oceanside, CA. More details will be available soon.About the GTDC The Global Technology Distribution Council is the industry consortium representing the world's leading tech distributors. GTDC members drive an estimated $160 billion in annual worldwide sales of products, services and solutions through diverse business channels. GTDC conferences support the development and expansion of strategic supply-chain partnerships that continually address the fast-changing marketplace needs of vendors, end customers and distributors. GTDC members include AB S.A (WSE: ABPL), Arrow Electronics (NYSE: ARW), CMS Distribution, Computer Gross Italia (MI: SES), D&H Distributing, ELKO, Esprinet (PRT.MI), Exclusive Networks (EPA: EXN), Exertis, Infinigate, Ingram Micro (NYSE: INGM), Intcomex, Logicom (CSE: LOG), Mindware, Redington Limited (BSE/NSE: Redington), Siewert & Kau, SiS Technologies (HKSE:0529), Tarsus, TD SYNNEX (NYSE: SNX), TIM AG, VSTECS Holdings and Westcon-Comstor.GTDC MEDIA CONTACT: Anita LussenburgTel +31621585878Mail: alussenburg@gtdc.euSOURCE: Global Technology Distribution Council Copyright 2024 ACN Newswire via SeaPRwire.com.
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GMG Provides Business Update on Working Capital and Cost Reductions

GMG Provides Business Update on Working Capital and Cost Reductions

Brisbane, Queensland, Aust, Nov 14, 2024 - (ACN Newswire via SeaPRwire.com) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to provide a business update on its working capital position and the implementation of cost reductions targets that were communicated on March 11, 2024.Each year the Company submits a Research and Development (R&D) application to the Australian Taxation Office to recover 43.5% of eligible R&D expenditures under the Australian Government's Research and Development Tax Incentive scheme. On October 29, 2024, A$2.85m, the amount requested in this year's R&D application, was deposited in full into the Company's bank account. As at November 1, 2024, the Company's cash balance was A$5.56m, with no debt or loan facilities in place. The continued funding from AusIndustry's R&D Tax incentive scheme has played a vital role in supporting GMG's ongoing research and development.The Company successfully implemented an organisational restructure by merging the Projects and Operations teams and streamlining its Graphene Manufacturing Plant and Thermal XR® Blending Plant. The new operating model to deliver Projects of scale will rely on trusted third-party providers who have a strong working relationship with GMG and a track record of delivery. Through careful organisational restructuring and active cost management, the Company has reduced its monthly operating cost base by almost 45% since September 2023. The Company will continue to look for ways to continue this trend while maintaining a delivery mind set.GMG's CEO Craig Nicol stated, "The timely receipt of the Research and Development rebate from the Australian Federal Government continues to provide significant working capital support while the Company has continued to focus on improving its cost base through streamlining of Operations and Projects teams while maintaining focus and pace on delivering its four critical business objectives."GMG's Chairman and Non-Executive Director, Jack Perkowski, commented: "The implementation of targeted costs savings together with the Research & Development rebate, allows the Company to remain focused on growing the sales of its Energy Savings products."About GMG www.graphenemg.comGMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process. GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating), lubricants and fluids.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries").GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the Company's new operating model, future cost reductions, and the Company's focus on the sale of its energy saving products. Such forward-looking statements are based on a number of assumptions of management, including, without limitation, that the new operating model to deliver Projects of scale will rely on trusted third-party providers who have a strong working relationship with GMG and a track record of delivery, that the Company will continue to look for ways to reduce costs while maintaining a delivery mind set, and that the Company's focus will remain on growing the sales of its energy saving products. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: that the Australian Federal Government will not continue its Research and Development Tax Incentive scheme, or that the Company will not continue to benefit from the tax incentive, that the new operating model to deliver projects of scale will not rely on trusted third-party providers who have a strong working relationship with GMG and a track record of delivery, that the Company will be unable to reduce costs further while maintaining a delivery mind set, that the Company will not remain focused on growing the sales of its energy saving products, risks relating to the extent and duration of the conflict in Eastern Europe and its impact on global markets, the volatility of global capital markets, political instability, the failure of the Company to obtain regulatory approvals, attract and retain skilled personnel, unexpected development and production challenges, unanticipated costs and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229939 Copyright 2024 ACN Newswire via SeaPRwire.com.
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Quranium Launches QSafe Wallet with Core Layer (L1) Testnet: The Uncrackable Solution for Blockchain Security

Quranium Launches QSafe Wallet with Core Layer (L1) Testnet: The Uncrackable Solution for Blockchain Security

DUBAI, Nov 16, 2024 - (ACN Newswire via SeaPRwire.com) - Quranium, the Layer 1 DLT and DeQUIP (Decentralized Quantum-Uncrackable Infrastructure Protocol) setting a new standard for secure, scalable, and accessible blockchain technology, has today launched its Core Layer (L1) Testnet, along with QSafe, a quantum-secure crypto wallet purpose-built for an era of unprecedented security demands.QSafe, an uncrackable, decentralized crypto wallet to interact with the Quranium blockchain, is available now for early adopters, who can claim test QRN tokens through the Quranium Faucet (available at faucet.quranium.org). This will enable them to explore QSafe’s functionality while positioning themselves for future ecosystem rewards and incentives planned for January 2025 and beyond.QSafe and the Quranium Core Layer (L1) Testnet will provide users with access to a secure ecosystem where test QRN tokens can be claimed, blockchain activities validated through QRNScan, and wallet functionality tested—all within a system built to be uncrackable.As decentralized finance and blockchain adoption expand, so do the risks associated with conventional wallets, which rely on cryptographic methods that are vulnerable super-computational power. The security risks are not merely a concern for the future—today’s data and assets could already be exposed to data harvesting attacks, where adversaries collect encrypted data now to decrypt later with advanced quantum resources.QSafe Wallet: Features and Functionality for Early AdoptersQSafe is a decentralized, lightweight wallet available for download today. Similar to the functionality of Electrum in Bitcoin Core, QSafe allows users to securely create and manage wallets, send and receive test QRN tokens, and track transactions within the Quranium testnet. Download wallet at https://www.qsafewallet.com/Key Features Include:Uncrackable Quantum-Secure Architecture: Built on Quranium’s Layer 1 protocol, QSafe incorporates quantum-resistant cryptographic algorithms, making it impervious to current and future supercomputing or quantum-enabled cracking attempts.Seed Phrase-Based Security: Users can create or import wallets using secure seed phrases, ensuring privacy and full control over their testnet assets.Lightweight Design: QSafe does not require users to download the entire Quranium blockchain, providing a fast, lightweight experience without sacrificing security or decentralization.Comprehensive Transaction Management: Users can send and receive test QRN tokens, track transaction histories, and view detailed blockchain metadata—all within the wallet.Access to Testnet Incentives: Early adopters can claim test QRN tokens through the Quranium Faucet (available at https://faucet.quranium.org), enabling them to explore QSafe’s functionality while positioning themselves for future ecosystem rewards.Core Features of the Quranium Core Layer (L1) TestnetThe Quranium Core Layer (L1) Testnet introduces users to a quantum-proof blockchain infrastructure designed to set a new benchmark in security and scalability. Key components include:Test QRN Faucet:Users can claim free test QRN tokens by visiting faucet.quranium.org and submitting their wallet addresses. Tokens are distributed securely, allowing users to test and interact with Quranium’s uncrackable network. Available at https://faucet.quranium.org.QRNScan Blockchain Explorer:Quranium’s blockchain explorer allows users to verify transactions, blocks, and metadata. QRNScan ensures transparency and provides detailed gas cost information for every activity on the network. Available at https://qrnscan.com/.Why QSafe is the Future of Blockchain SecurityBlockchain wallets and protocols have long relied on encryption standards like elliptic-curve cryptography (ECC), which are increasingly at risk of being compromised by the growing power of supercomputers and quantum computing. Unlike existing solutions, QSafe has been purpose-built to be uncrackable, ensuring user assets and data are protected against even the most advanced computational threats.How QSafe Outperforms Competitors:Uncrackable by Design: MetaMask, Trust Wallet, and similar wallets rely on elliptic-curve cryptography (ECC), leaving them vulnerable to cracking as quantum computing advances. Research warns there is a 1 in 7 chance public-key cryptosystems will be compromised by 2026 and a 1 in 2 chance by 2031 (Cybersecurity in a Quantum World, 2015). While Chainalysis reported $3 billion lost to crypto breaches in 2022, QSafe eliminates cryptographic risks, ensuring uncrackable security today and in the future.Designed for Long-Term Security: While other wallets prioritize immediate usability, QSafe positions itself as a trusted vault for digital assets, offering long-term peace of mind in a future-proofed ecosystem.Integrated Testnet Functionality: Unlike competitors, QSafe is tightly integrated with the Quranium testnet, enabling users to interact with a transparent and secure blockchain system through features like the faucet and QRNScan.Early Incentives for Adoption: QSafe rewards early adopters with airdrops planned for January 2025, creating immediate value for users participating in the testnet stage.Early Adoption IncentivesQSafe’s launch is an invitation to early adopters to secure their place in Quranium’s ecosystem. By downloading the wallet and engaging with the testnet, users will be eligible for exclusive airdrops in January 2025, alongside access to a blockchain infrastructure purpose-built to resist cracking attempts from current and future threats.“QSafe is more than a wallet—it’s a fortress for your digital assets,” said Kapil Dhiman, CEO of Quranium. “By participating now, early adopters gain access to a quantum-secure system that is built to be uncrackable, while playing a vital role in shaping the future of blockchain security.”How to Access and Use QSafeVisit: https://qsafewallet.com/Download the Wallet:QSafe(https://qsafewallet.com/) is available for download on Windows and Linux platforms, giving users immediate access to the Quranium Core Layer (L1) Testnet.Claim Test QRN Tokens:Users can visit https://faucet.quranium.org to claim free test QRN tokens by submitting their wallet addresses.Test and Interact with the Network:Use QSafe to send and receive QRN tokens, monitor transaction history, and explore the Quranium blockchain’s capabilities.Track Blockchain Activity:QRNScan(https://qrnscan.com/) provides a transparent view of transactions, blocks, and metadata, ensuring users have complete insight into network activity.Key Roadmap DatesNovember 15, 2024: QSafe Wallet and Quranium Core Layer (L1) Testnet launch for public testing.January 2025: Incentives, including airdrops for early adopters, will be distributed to reward network participants.June 2025: The browser extension version of QSafe will launch, supporting Quranium’s Layer 1 and Crust Layer 2 for DApp integration, token swaps, and more.Be Uncrackable with QSafehttps://qsafewallet.com/QSafe is not just another wallet—it’s a commitment to building a future where blockchain technology is truly secure. By addressing the growing challenges posed by super-computational power and quantum computing, QSafe ensures that users can safeguard their assets in an uncrackable system that gives, without ever being at risk of giving in.About QuraniumQuranium is the Quantum-uncrackable Layer 1 blockchain foundation for the future. Our decentralized ledger technology (DLT) infrastructure acts as a seamless, scalable bridge between Web2 and Web3, enabling digital adoption without compromising security. At the forefront of the groundbreaking new market sector known as DeQUIP (Decentralized Quantum-Uncrackable Infrastructure Protocol), Quranium is setting the benchmark for progress, redefining security in an ever-evolving digital landscape. We safeguard today’s data while fortifying against the threats of tomorrow.Join us in the movement to build an uncrackable digital world, visit https://quranium.org/.Follow Quranium on Social Media:X (formerly Twitter): @quranium_orgTelegram: Quranium CommunityFor further details and partnership inquiries, please contact:Claire Cairns or Mimi Ashmead-BartlettEmail: Claire@quranium.org, Mimi@quranium.org Copyright 2024 ACN Newswire via SeaPRwire.com.
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Quranium Node Pre-sale Unveiled: Be Part of the Quantum-Uncrackable Revolution

Quranium Node Pre-sale Unveiled: Be Part of the Quantum-Uncrackable Revolution

DUBAI, Nov 16, 2024 - (ACN Newswire via SeaPRwire.com) - Quranium, the Layer 1 DLT and DeQUIP (Decentralized Quantum-Uncrackable Infrastructure Protocol) setting a new standard for secure, scalable, and accessible blockchain technology, is thrilled to announce the presale for its groundbreaking Node Sale (visit: http://node.quranium.org/).This exclusive opportunity allows early adopters and blockchain enthusiasts to secure their stake in Quranium’s advanced, quantum-uncrackable infrastructure, positioning themselves at the forefront of next-generation digital security.The Node Pre-sale offers early adopters exclusive access to a future-proof ecosystem that addresses the limitations of traditional blockchain technology. Quranium’s unique decentralized ledger technology (DLT) has been designed from the ground up to counter emerging threats, including quantum computing, with a flexible, multi-tiered entry system, making cutting-edge security accessible to a diverse range of participants.“Quranium’s Node Pre-sale isn’t just about joining a blockchain network; it’s an opportunity to be part of the foundation that will redefine what secure, scalable, and accessible decentralized technology looks like,” said Kapil Dhiman, CEO of Quranium. “As quantum capabilities emerge, Quranium is ready, providing participants with a rare chance to secure their place in an ecosystem that’s designed to meet tomorrow’s challenges.”Presale Highlights and Participant Benefits:Tiered Node Access: Quranium’s Node Sale offers a multi-tiered entry system with flexible access levels, ensuring participants can tailor their engagement to fit their interests and gain corresponding rewards.Priority Whitelisting: Early adopters and active community members enjoy priority access to each tier, allowing them a competitive edge in the pre-sale and the opportunity to establish themselves as early contributors.Exclusive Ecosystem Rewards: Node holders will receive ecosystem-based airdrops, staking rewards, and access to exclusive incentives, fostering a community that actively benefits from Quranium's expanding ecosystem.Node Ownership: A Dual-Opportunity Investment in the FutureBy acquiring a Quranium node, participants not only gain tokens but also the privilege of transaction validation within a secure Proof-of-Stake (PoS) chain, enhancing their role as essential validators within the ecosystem. This dual investment offers both immediate token rewards and a strategic, long-term stake in the foundation of the Quranium network, aligning financial incentives with the health and stability of the network.Upcoming Timeline and Strategic MilestonesTestnet Launch and prelaunch of QSafe Wallet: November 15thNode Pre-sale Launch: November 15thNode Sale Public Launch: Imminently following the Presale launchPresale Open: Act early to secure priority access with exclusive presale benefits.Quranium: Building an Uncrackable Blockchain FoundationWith a team of over 100 specialists from industry giants like Uber, Meta, Amazon, and Ethereum, Quranium is backed by strategic partnerships, including PwC, and has established operational hubs in Singapore, the UAE, and Switzerland. Quranium has raised $2.3 million to date, marking significant progress toward its mission of advancing digital security through blockchain.Join the Future of Uncrackable Decentralized Securityhttp://node.quranium.org/Node Sales Deck: Quranium Node Sale DeckOne Pager: Quranium Node Sale One PagerKOL Offering for Node Sales: KOL Marketing ProgramWebsite: www.quranium.orgAbout QuraniumQuranium is the Quantum-uncrackable Layer 1 blockchain foundation for the future. Our decentralized ledger technology (DLT) infrastructure acts as a seamless, scalable bridge between Web2 and Web3, enabling digital adoption without compromising security. At the forefront of the groundbreaking new market sector known as DeQUIP (Decentralized Quantum-Uncrackable Infrastructure Protocol), Quranium is setting the benchmark for progress, redefining security in an ever-evolving digital landscape. We safeguard today’s data while fortifying against the threats of tomorrow.Join us in the movement to build an uncrackable digital world, visit https://quranium.org/.Follow Quranium on Social Media:X (formerly Twitter): @quranium_orgTelegram: Quranium CommunityFor further details and partnership inquiries, please contact:Claire Cairns or Mimi Ashmead-BartlettEmail: Claire@quranium.org / Mimi@quranium.org Copyright 2024 ACN Newswire via SeaPRwire.com.
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Beat The Silent Disease of Osteoporosis with LAC, Before It’s Too Late!

Beat The Silent Disease of Osteoporosis with LAC, Before It’s Too Late!

SINGAPORE, Nov 18, 2024 - (ACN Newswire via SeaPRwire.com) - Despite Singapore’s abundant sunlight, Vitamin D deficiency remains a prevalent health issue, affecting millions of people. This deficiency significantly compromises bone health, leading to osteoporosis, a “silent disease” due to its subtle onset. Research indicates that bone health begins to decline at age 25, making it crucial to address this issue, especially as Singapore’s population continues to age. The urgency to combat this silent epidemic has never been greater.As sedentary lifestyles and poor dietary choices become increasingly common, the impact of osteoporosis is alarming: one in three women and one in five men over the age of 50 in Singapore are affected. Known as the “sunshine vitamin,” vitamin D plays a critical role in efficient calcium absorption, essential for maintaining bone density and preventing osteopenia and osteoporosis. Without adequate vitamin D, the body struggles to absorb calcium, increasing risk of fractures and leading to deteriorating bone health.In line with World Osteoporosis Day on 20 October, LAC (pronounced as L-A-C) is dedicated to raising awareness about the importance of bone health and empowering individuals to take preventive measures to optimise their bone density. By incorporating calcium-rich foods or supplements, ensuring adequate Vitamin D intake and regular physical activity, individuals can significantly reduce the risk of osteoporosis.LAC FullCal® combines calcium, magnesium and Vitamin D in a golden ratio, making it vital for maintaining strong bones, teeth and muscle function. This unique formula not only reduces the risk of osteoporosis but also improves calcium absorption, making it an excellent option for maintaining optimal bone health. With its all-in-one solution, individuals no longer need to rely on three separate supplements to achieve the same benefits, offering both enhanced convenience and cost savings.LAC Joint Protec®, formulated with a proprietary blend of ingredients such as Glucosamine, Chondroitin and Collagen, work together to alleviate joint stiffness and discomfort while enhancing mobility and flexibility. Copyright 2024 ACN Newswire via SeaPRwire.com.
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TransNusa Signs MOU on MRO Services with AIROD

TransNusa Signs MOU on MRO Services with AIROD

KUALA LUMPUR, Nov 15, 2024 - (ACN Newswire via SeaPRwire.com) - PT TransNusa Aviation Mandiri signed a Memorandum of Understanding (MOU) with AIROD Aerospace Technologies Sdn Bhd, establishing a strategic alliance with the Malaysian aircraft Maintenance, Repair and Operations (MRO) service provider.In addition, TransNusa also signed a Standard Ground Handling Agreement (SGHA) with AIROD for Technical Handling of its aircrafts at Subang Airport. TransNusa became the first foreign airline to received approvals and start scheduled flights from Jakarta to Subang in August, this year. The airline currently operates daily scheduled flights from Soekarno-Hatta International Airport, Jakarta to Subang Airport.TransNusa Group Chief Executive Officer, Datuk Bernard Francis said “Today’s MOU and SGHA will initially focus on the provision of MRO services by AIROD for our Airbus A320 aircraft family.He added that as stated in the MOU, AIROD will plan, develop and conduct dedicated inspections and maintenance work for TransNusa’s A320 family of aircrafts in Malaysia, starting December, this year.“This is not a small undertaking as it reflects TransNusa’s commitment to passengers in ensuring that our aircraft operate at peak performance, adhering to the highest standards of safety and efficiency,” said Datuk Bernard, emphasising the importance of an MRO provider for an airline.The signing of the MOU and SGHA took place at H76, AIROD Complex, Subang, Selangor. Datuk Bernard signed the MOU and SGHA on behalf of TransNusa while AIROD Aerospace Technology CEO, Datuk Firhad Uzir Abdul Rahim signed on behalf of his company.Established in 1976, AIROD is one of Asia Pacific’s oldest MRO service provider. Since its privatisation in 1995, the company has provided MRO-related services to 76 customers, with a combination of commercial and military aircrafts, from 33 countries.“As such, we acknowledge and appreciate AIROD’S vast experience and strength in providing world class quality depot level maintenance, aircraft customization, and modifications, which also includes structural and avionics upgrades,” said Datuk BernardDatuk Bernard stressed, “This MOU is a crucial first step towards the development of a Maintenance Support Agreement, which will detail the binding commitments of both parties. Until then, this MOU represents our dedication to working collaboratively, exploring all viable options, and striving for operational excellence.”Datuk Firhad presenting a memento to Datuk Bernard to mark the event.On why TransNusa has partnered with AIROD, Datuk Bernard said, “AIROD has been a leading Maintenance, Repair, and Overhaul (MRO) service provider in Malaysia for more than a decade and is known for delivering high-quality services.“AIROD specializes in a range of MRO-related services such as in base maintenance, inspections, modifications, refurbishments, corrosion control and repair, operational checks, and crash damage repair for aircrafts including the Boeing B737 series (Classic & NG), ATR 42/72 family, and A320 family,” Datuk Bernard said, adding that AIROD is also certified by the Federal Aviation Administration (FAA) and the European Union Aviation Safety Agency (EASA) for MRO services, with approvals from 8 other National Aviation Authorities (NAA) across the Asia-Pacific region.“With such a strong foundation, we are happy to partner with AIROD to ensure that our aircraft are always at optimum level of performance,” Datuk Bernard stressed.He added that AIROD also has a list of impressive local customer base including AirAsia Group, Batik Air, Kargo Xpress, Firefly, Berjaya Air, Raya Airways, and MyJets.“Our passengers trust us to get them safely from one destination to another, and this trust must be earned and maintained. By partnering with AIROD, we are reaffirming our commitment to safety and ensuring that our aircraft maintenance is in the hands of one of the most reputable MRO providers in the industry. This will empower us to focus more on our core mission of delivering seamless and exceptional travel experiences to our customers.” Datuk Bernard said.TransNusa, which had to close it business operation in September 2020 due to impact of the Covid-19 pandemic on the aviation industry, started operations again after injection of new shareholders and management team led by Malaysian-born aviation industry veteran, Datuk Bernard Francis, in October 2022.Within 6 months, under the leadership of Datuk Francis, the airline introduced its first international route between Jakarta and Kuala Lumpur and celebrated its first-year anniversary for this route on April 14, 2024. In August, this year, TransNusa became the first international airline to operate daily scheduled flights from Subang airport to Jakarta.Since the change in management team, TransNusa has been contributing and changing the aviation landscape in Indonesia. It has been making headlines in Indonesia, Malaysia, Singapore, China and around the world with news of being the first airline in Indonesia and the world to develop and introduce a new domestic route connecting Bali and Manado. TransNusa also became the second Indonesian airline to receive approval to fly to China and provided its passengers with more pricing and route options to China.In October, the airline yet again experienced another milestones by becoming the first Indonesian airline and second airline in the world to launch scheduled flight from Manado to Guangzhou, China.Primary Media ContactTrina Thomas Raj0124992672trina@myqaseh.orgAbout TransNusa TransNusa Airline, is a Premium Service Carrier. After the take-over, in February 2024, the airline rebranded itself from being a Low-Cost Carrier to a Premium Service Carrier in line with its upgraded aircrafts that offers better comfort as well as based on the flexibility and quality of the services offered. TransNusa, which received its AOC certification on 9th September 2022, launch its first three A320 operations on 6th October, 14th October and 12th December, 2022. The airline, which became the first outside of China to utilise Comac, received its first ARJ21 on 22nd December, 2022. In 2023, TransNusa introduced a new business model making it the first Premium Service Carrier in the Asia Pacific region. TransNusa introduced its first international flight on 14th April, 2023. The airline is currently based in Jakarta Soekarno-Hatta International Airport.The airline currently flies to Yogyakarta and Bali. On the international front, TransNusa flies to Singapore, Guangzhou, Kuala Lumpur and Johor. The airline became the second Indonesian airline to fly to China and the first Indonesian airline to launch a Premium Service Carrier business model.Passengers can book their flights on the TransNusa website (www.transnusa.co.id), through authorized travel agents in Singapore, Malaysia and Indonesia, or by contacting the airline's customer service centre at, +62216310888. For the Singaporean market, passengers can contact TransNusa’s General Sales Agent, Chariot Travels Pte Ltd, at +65 86602719 while for the Malaysian market, passengers can contact MKM Ticketing Travel & Tours Sdn Bhd at +60378312581. Copyright 2024 ACN Newswire via SeaPRwire.com.
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COP29: Indonesian Special Envoy Hashim Djojohadikusumo Announces EUR 1,2 Billion Green Funding

COP29: Indonesian Special Envoy Hashim Djojohadikusumo Announces EUR 1,2 Billion Green Funding

BAKU, Azerbaijan, Nov 16, 2024 - (ACN Newswire via SeaPRwire.com) - The Indonesian Government, through Special Presidential Envoy of the Republic of Indonesia Hashim Djojohadikusumo, announced EUR 1.2 billion in green funding for the Indonesian power sector from German state development bank Kreditanstalt für Wiederaufbau (KfW) at the COP29 World Climate Conference in Baku, Azerbaijan, on Wednesday (11/13). The conference runs through Friday (11/22).COP29 MoU: Indonesian Special Presidential Envoy Hashim Djojohadikusumo (second left), with PLN President Commissioner Burhanuddin Abdullah (second right), PLN President Director Darmawan Prasodjo (right), and Kreditanstalt fur Wiederaufbau (KfW) Chief Sustainability Officer Jurgen Kern at the signing, themed "Leading the Charge: Strategic Partnership to Catalyze Decarbonization" in Baku, Azerbaijan on Wednesday, Nov 13.The agreement was marked by the signing of a Memorandum of Understanding (MoU) between PT PLN (Persero) and KfW to support Indonesia's energy transition towards self-sufficiency with the development of various green power and clean energy projects, centered on the Pumped Storage Hydroelectric Power Plant (PLTA) and transmission network connecting with green power plants. Hashim emphasized that the government is committed to accelerating the energy transition. By fostering collaborations at the global level, the shift towards renewable energy is expected to support energy self-sufficiency and drive national economic growth. "We have developed a new strategy over the next five years to achieve a minimum of 8% sustainable economic growth," Hashim affirmed. He stated that the development of clean energy sources is crucial for enhancing industrial competitiveness. Over the next 15 years, Indonesia's renewable energy generation capacity is targeted to increase by 75% from the total addition of 100 gigawatts (GW) in electricity capacity. "We will be a major country fulfilling our responsibility to protect the environment’s future. We deeply appreciate the established international cooperation as a joint effort toward reaching the Net Zero Emissions (NZE) target," Hashim explained. PLN President Director Darmawan Prasodjo expressed full support for the government’s initiatives in advancing the energy transition. Various collaborations and initiatives have been implemented by PLN to ensure the success of sustainable electricity projects. Darmawan noted that KfW's involvement in PLN’s green projects is expected to attract more international partners to collaborate. This will create a synergy of sustainable strategic, technical, and investment collaboration in global climate action. "This collaboration signifies PLN's proactive steps in expanding international partnerships to enhance national energy self-sufficiency in line with global climate actions," Darmawan stated.KfW Group's Sustainability Officer, Jurgen Kern, explained the KfW support for Indonesia represents Germany's commitment to international cooperation for green transformation. Further, Jurgen highlighted that PLN is at the center of Indonesia’s energy transition. PLN is strongly committed to greening the energy sector while ensuring reliable energy access."Therefore, we believe that Indonesia and Germany can continue strengthening their partnership in the energy sector, especially in clean energy projects like geothermal, hydropower, and transmission. Achieving the NZE target requires solid collaboration and partnership," Jurgen said.- Antara, for PT PLN (Persero), https://web.pln.co.id/en/sustainability/sustainability/.- Indonesia: https://indonesia.go.id/, KfW Germany: https://www.kfw.de/kfw.de-2.html Copyright 2024 ACN Newswire via SeaPRwire.com.
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Military Metals Completes Acquisition of Brownfield Antimony Projects in Europe

Military Metals Completes Acquisition of Brownfield Antimony Projects in Europe

Vancouver, British Columbia--(Newsfile Corp. - November 15, 2024) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90)(the "Company" or "Military") is pleased to announced that it has closed its previously disclosed transaction, pursuant to which 1509149 B.C. Ltd., a wholly-owned subsidiary of the Company, amalgamated with 1458205 B.C. Ltd. (the "Target") such that the Company has acquired 100% of the issued and outstanding common shares in the capital of the amalgamated entity (the "Transaction").In connection with the Transaction, the Company issued 10,000,000 Common shares in the capital of the Company (the "Company Shares"), at a deemed issuance price of $0.56 per Company Share, to the shareholders of the Target. Previously, it was contemplated that the Company would assume the Target's obligations in respect of 3,499,997 share purchase warrants, which were to become exercisable into Company Shares on closing, however the parties to the Transaction have amended the terms, and such obligation is not being assumed by Military. The Company Shares issued are not subject to resale restrictions under applicable Canadian securities laws.About the Projects:The Transaction results in the Company acquiring three mineral exploration projects in Slovakia, being the Trojarová antimony-gold project, the Tiennesgrund antimony-gold project, and the Medvedi tin project. It is the intention of the Company to produce a technical report under National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") in connection with Trojarová. The Company also intends to file a Business Acquisition Report for the Transaction in accordance with the requirements of applicable securities laws.About the Trojarová Antimony-Gold ProjectAs first reported in the Company's news release regarding Trojarová dated October 30, 2024, discovered in the late 1970s Trojarová was the focus of extensive surface and underground exploration from 1983 to 1995, with 63 core holes completed for a total of 14,330m, along with 1.7km of underground development starting in 1990, ultimately comprising a 300-meter-long adit connected to a 700-plus meter-long drive in the footwall of the mineralized zone with seven crosscuts into the mineralized zone for sampling purposes. These efforts culminated in a multi-volume study comprising drill logs, analyses, drill plans, maps and sections, deposit model studies, petrographic studies, metallurgical studies and more, culminating in a multi-volume compendium of reports produced by the Slovak Geological Institute published in 1992. The historical estimate at Trojarová was classified using the Slovak version of the newly post-Soviet Russian classification system, which is not directly comparable to or compatible with the western system as defined by the Canadian Institute of Mining, Metallurgy & Petroluem ("CIM Definition Standards for Mineral Resources & Mineral Reserves"). The Slovak Geological Institute, the State agency that carried out all exploration and underground development work at Trojarová, classified the resource as "P1" in the Slovak version of the Russian classification system. P1 is closest within the Canadian Institute of Mining, Metallurgy & Petroleum's ("CIM") classification system to "Inferred Mineral Resources," which is defined by the CIM as that part of a Mineral Resource for which quantity and grade or quality are estimated on the basis of limited geological evidence gathered through appropriate sampling techniques from locations such as outcrops, trenches, pits, workings and drill holes.The 1992 Report contains a table featuring ten alternate historical resource estimates, five focused on the antimony component of the mineralized system and five on its gold component, each group of five featuring decreasing tonnage at increasing grade for antimony and gold, respectively. This table is shown below.Historical alternate resource estimate scenarios for Trojarova(source: Michel et al, 1992)To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10818/230288_a61f2007c4ec68b4_001full.jpgUpon completion of the Amalgamation, the Company will move forward to verify this historical estimate through a program of confirmation drilling so that it is able to classify mineral resources at Trojarová as current, in accordance with National Instrument 43-101.Map showing the location of Military's properties in SlovakiaTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10818/230288_a61f2007c4ec68b4_002full.jpgInvestor Relations Engagements:The Company further announces entry into agreements related to marketing and investor relations. Further to the news releases announced on October 24, 2024, the Company engaged Clarkham Capital ("Clarkham") to provide investor relations services with a focus on the German stock market and the German-speaking investment community in support of the company listing on the Frankfurt Stock Exchange (the "Clarkham Agreement") with a commencement date of November 18, 2024. Pursuant to the terms of the Clarkham Agreement, Clarkham will, among other items, provide the Company with marketing services, which includes social media management, content creation, distribution, digital marketing, including, but not limited to, the preparation of articles and coverages on multiple financial platforms and newsletters, and translation and distribution of press releases in Germany and any other marketing services as agreed upon by the Company and Clarkham (the "Clarkham Services"). The Clarkham Agreement has a term of two (2) months and is anticipated to commence on or about November 18, 2024. The Company will make a one-time payment to Clarkham of EUR 200,000 (CAD$298,340), as consideration for the Services. Sebastian Korbach will be providing the Clarkham Services to the Company on behalf of Clarkham and may be contacted at +44-20-38839398 or cc@clarkham.com. The Company will not issue any securities to Clarkham as compensation. Both Clarkham and Sebastian Korbach are arm's length to the Company and do not have any interest, direct or indirect, in the Company or its securities nor do they have any right to acquire such an interest.Additionally, the Company entered into a one-time media services arrangement with Robert Sinn ("Sinn") in which Sinn will provide the Company with marketing services, which includes, video content creation, distribution, digital marketing, in connection with a video interview being conducted by Sinn (the "Sinn Services") for distribution on popular investor platforms such as BNN Bloomberg. The Sinn Services will commence on November 20, 2024. The Company will make a one-time payment to Sinn of $2,500 USD, as consideration for the Sinn Services. Sinn and may be contacted at +352-613-2850 or ceotechnician@gmail.com, or Suite 508, 416 SW 1st Avenue, Fort Lauderdale, FL, 33301. The Company will not issue any securities to Sinn as compensation. Sinn is arm's length to the Company and does not have any interest, direct or indirect, in the Company or its securities nor does he have any right to acquire such an interest.On November 15, 2024, the Company entered into a media services contract (the "NIA Agreement") with GRA Enterprises LLC, DBA National Inflation Association ("NIA"). Pursuant to the terms of the NIA Agreement, NIA will, among other items, provide the Company with marketing services, which includes social media management, content creation, distribution, digital marketing, and any other marketing services as agreed upon by the Company and NIA (the "NIA Services") for distribution on popular investor platforms such as BNN Bloomberg and Benzinga. The NIA Agreement has a term of thee (3) months and is anticipated to commence on or about November 18, 2024. The Company will make a one-time payment to NIA of US$30,000, as consideration for the Services. Gerard Adams will be providing the NIA Services to the Company on behalf of NIA, and may be contacted at +973-277-7674 or inflationusceo@gmail.com, or 112 Camp Lane, Mooresville, NC 28117. The Company will not issue any securities to NIA as compensation. Both Gerard Adams and NIA are arm's length to the Company and do not have any interest, direct or indirect, in the Company or its securities nor do they have any right to acquire such an interest.The technical contents of this release were reviewed and approved by Avrom E. Howard, MSc, PGeo, geological consultant to Military Metals and a qualified person as defined by NI 43-101.About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.ON BEHALF OF THE BOARD of DIRECTORSFor more information, please contact:Scott EldridgeCEO and Directorscott@militarymetalscorp.comFor enquiries, please call 604-722-5381 or 604-537-7556This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this news release includes statements related to the filing of a NI 43-101 compliant technical report, the filing of the Business Acquisition Report, as well as future plans for exploration activities, and for marketing. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. These include, geopolitical developments related to the supply of antimony, the continued use of antimony and availability of alternatives, availability of capital and labour in respect of the properties that are the subjects of this news release, the results of any future exploration activities, which cannot be guaranteed, and such other factors as may impact any future activities in respect of the properties held by the Company. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/230288 Copyright 2024 ACN Newswire via SeaPRwire.com.
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WFM Asia Announces Brand Evolution

HONG KONG, Nov 15, 2024 - (ACN Newswire via SeaPRwire.com) - Hong Kong founded independent investment firm WFM Asia announced that it has completed a brand evolution from Ward Ferry Management. The firm’s long-term commitment to investing in Asian markets, disciplined and focused investment strategy, and well-established team remain unchanged.The refreshed branding reflects WFM Asia’s continued focus on investing in small and mid-cap companies across Asia Pacific and points to the regional expertise of its current generation of leadership, Vineet Mitera and Daphne Chester, who have been leading the company for the past seven years. Vineet has been with the firm since 2005, and Daphne joined in 2013.WFM Asia manages long-only equity funds with over US$3 billion in assets under management as of end September 2024. Vineet has been solely responsible for managing these funds since mid-2014. For nearly 25 years, the firm has helped institutional clients from all over the world secure exposure to Asian markets through some of the leading publicly listed and private companies in Asia Pacific.As a trusted partner for global investors seeking exposure to Asia's dynamic markets, WFM Asia’s unique position in the investment landscape is reinforced by its extensive local networks in underpenetrated markets, primary research activities on the ground, and commitment to long-term value creation through a focused investment strategy. The firm has been a strong, long-term partner to the management teams of public and private companies it invests in. WFM Asia’s future-focused growth will be enabled through ongoing expansion of its team based in Hong Kong and Singapore, continued focus on executing its long-standing investment process, and strengthening its established relationships with companies across Asia.Vineet Mitera, Chief Investment Officer of WFM Asia, commented, “We remain positive about the growth of emerging companies in the region, and we continue to build on our trusted partnerships with our investors and management teams. Our entrepreneurial mindset, market and sector expertise, and regional resources remain aligned to our clear investment philosophy, and we look forward to taking the firm’s growth to the next level for the benefit of our investors and employees.”Daphne Chester, President of WFM Asia, said, “Our brand evolution builds on our long-standing strong Asia heritage and recognition of our management tenure and investment track record in the region. For nearly 25 years, our firm has taken a private equity approach to public markets investing, finding Asian small and mid-cap companies that have multiplied in value over the long term. As we continue to evolve, we remain committed to our investment approach and to cultivating substantial growth in our chosen investments in Asia Pacific.”WFM Asia will continue to serve its clients through a global team of 33 people, including 13 experienced investment professionals, located across its offices in Hong Kong, Singapore, and London.About WFM AsiaFounded in 2000 as Ward Ferry Management, WFM Asia is a leading independent investment firm based in Hong Kong and Singapore, specializing in long-only public and private equity investments in small and mid-cap companies across Asia. For nearly 25 years, WFM Asia has been a trusted partner to the management teams of the companies it invests in and to institutional investors alike by applying its bottom-up approach to fundamental research and investing its capital for attractive returns over the long term. As of end September 2024, the firm oversees over US$3 billion in assets under management (“AUM”) for global institutional investors.WFM Asia has offices in Hong Kong, Singapore, and London. WFM Asia’s various group entities are regulated by the United States Securities and Exchange Commission, the Hong Kong Securities and Futures Commission, the Singapore Monetary Authority, the United Kingdom Financial Conduct Authority, and the British Virgin Islands Financial Services Commission. Additional information is available on www.wfmasia.com. Copyright 2024 ACN Newswire via SeaPRwire.com.
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COP29: PLN Encourages Global Collaboration for Energy Transition Towards Sustainable Energy Self-Sufficiency

COP29: PLN Encourages Global Collaboration for Energy Transition Towards Sustainable Energy Self-Sufficiency

JAKARTA, Nov 13, 2024 - (ACN Newswire via SeaPRwire.com) - PT PLN (Persero) is promoting participation with the global community during the 29th Conference of the Parties (COP29) hosted in Baku, Azerbaijan, from November 11 to 22, 2024. This initiative is in harmony with the nation's objective of an energy transition towards sustainable energy self-sufficiency.Hashim Djojohadikusumo, Indonesia's Special Envoy to COP29Hashim Djojohadikusumo, Indonesia's Special Envoy to COP29, stated that under President Prabowo Subianto's leadership, Indonesia is committed to sustaining existing commitments made by preceding presidents to accelerate the energy transition and mitigate climate change."We will keep our commitments and develop new programs led by President Prabowo. Among these is an initiative to add 100 gigawatts of new power generation over the next 15 years, with renewable energy accounting for 75% (75 gigawatts). This ambitious initiative will necessitate USD 235 billion in investment," Hashim remarked at the opening of the Indonesian Pavilion at COP29 on Monday, November 11.Hashim also highlighted additional commitments, such as carbon emission reduction through Carbon Capture and Storage (CCS) technology. Indonesia is prepared to collaborate with multinational companies and other stakeholders interested in investing in this sector."Indonesia is blessed with vast saline aquifers, both onshore and offshore, providing an estimated carbon storage capacity of 500 gigatons," Hashim said.Indonesia invites international stakeholders to join in combating global warming, he noted, as the impact of climate change in Indonesia is part of a broader global challenge. "This journey will take years; it cannot be done overnight. It requires funding, technology, and knowledge," Hashim emphasized. Minister of Environment Hanif Faisol Nurofiq expressed optimism about the role of the Indonesian Pavilion at COP29, not only for Indonesia but also as a platform for global collaboration on climate mitigation solutions."The COP29 theme strongly aligns with our (Indonesian) pavilion theme, 'Sustainability Stronger Together.' This concept reflects our belief that through cooperation among nations, sectors, and communities, we can address climate change effectively," Faisol noted.The Indonesian Pavilion has three main objectives: representing Indonesia's climate diplomacy, promoting Indonesia's comprehensive climate mitigation efforts, and exploring new ideas, partnerships, and opportunities for strengthening climate resilience worldwide. Minister of Forestry Raja Juli Antoni emphasized that economic growth must be balanced with environmental protection, particularly forest conservation. He urged all stakeholders to participate in these efforts to achieve sustainable economic growth. "I encourage everyone to address our current forestry issues together. Collaboration is our collective responsibility to protect and conserve our forests, making them a source of prosperity for future generations," Raja Juli remarked. PLN CEO Darmawan Prasodjo reiterated PLN's commitment to support the Indonesian government's goal of adding new power generation capacity to achieve sustainable energy self-sufficiency. He noted that PLN has developed a roadmap and is expanding partnerships with local and global stakeholders."As the backbone of Indonesia's energy security, PLN is optimistic about achieving this target through a transition strategy focused on renewable energy and continuous sustainable development," Darmawan explained. To meet these goals, PLN has planned a Green Enabling Transmission Line to deliver clean energy from renewable sources in remote areas. Spanning 70,000 kilometers, this transmission network will connect Indonesian islands and transport clean electricity to urban demand centers. Darmawan also stressed that PLN continues to increase its renewable energy generation capacity and harness Indonesia's clean energy potential. "PLN is committed to developing supporting infrastructure, including smart grids, smart control systems, intelligent distribution, and battery storage systems to maximize renewable energy use," he stated. Collaboration, Darmawan emphasized, is essential. "PLN actively participates in global events like COP29 to strengthen partnerships for achieving sustainable energy self-sufficiency." "Global community efforts, including sustainable investments, technology transfer, and supportive policies for renewable energy development, are crucial," Darmawan concluded.Source: Antara for PLN ( https://web.pln.co.id/en/sustainability/sustainability ) Copyright 2024 ACN Newswire via SeaPRwire.com.
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Understand The Type of Credit Cards Offered By Citi And Find the Most Suitable One

Understand The Type of Credit Cards Offered By Citi And Find the Most Suitable One

SINGAPORE, Nov 15, 2024 - (ACN Newswire via SeaPRwire.com) - While most credit cards offer common benefits like fraud protection, they may differ based on their features and benefits. Before applying for a particular credit card, it's helpful to understand the different types of credit cards and how they work. Explore the different types of credit cards below.Travel Credit CardsTravel credit cards offer opportunities to earn and/or redeem rewards against travel purchases. For example, the Citi PremierMiles Card lets cardmembers earn 1.2 Citi Miles for every S$1 spent locally and 2.2 Citi Miles for every S$1 spent in foreign currency. Enjoy two annual complimentary airport lounge visits and get up to S$1 million in insurance coverage. While the exact benefits of a travel credit card may vary, travel cards provide exceptional value for people who travel often.Rewards Credit CardRewards credit cards help cardmembers earn points with every swipe and are an excellent choice for people who want more from their shopping experiences. Some rewards cards offer points with every purchase, others offer bonus rewards when cardmembers shop from categories like fuel, groceries, dining, entertainment, etc. The Citi Prestige Card earns rewards on all local and overseas spends and offers premium experiences like lounge access, golf privileges, concierge services, complimentary night hotel stay worldwide and more.Cash back CardsCash back cards provide cardmembers cash rebates on eligible transactions, making them a great option for people who prioritize savings. Some cash back cards allow redemption through shopping vouchers while others allow cardmembers to apply cash back toward credit card bill payments. Citi offers four different cash back credit cards that offer a range of benefits suited to different lifestyles and preferences. This includes the Citi Cash Back+ card where there is no cap on cash back earned and cash back earned does not expire.Business Credit CardsCorporate or business credit cards are created to simplify payments for businesses. They help business owners create a separate line of credit for their company, enable fast and seamless payments, and offer rewards like points or cash back. Business credit cards can help with expense tracking and management while offering exclusive privileges and deals to cardholders like complimentary travel insurance and corporate liability waiver insurance. Citi offers three business credit cards that offer exceptional benefits and discounts on restaurants, travel bookings and more.Student Credit CardStudent credit cards offer young adults the chance to build credit and enjoy great deals. The Citi Clear Card has no minimum income requirement and allows cardmembers to earn rewards on every purchase and enjoy the safety of secure transactions. Student credit cards are one way for first time cardholders to learn how credit works, make the best of rewards programs like ThankYou rewards, and get an array of discounts through Citi World Privileges.Choosing the right credit cardRemember that it's vital to compare credit cards to properly identify the best fit. Here are a few things to consider before applying for a credit card:Benefits and rewards: Aspiring cardmembers should identify areas where they spend the most and find a credit card that rewards those purchases. Bargain hunters can prioritize credit card rewards programs that favour spending on fuel, groceries, entertainment, and dining. Adventurers and business travellers may travel often enough to justify a travel credit card to earn miles and get airport lounge access.Fees and interest: Credit cards carry annual fees, and premium cards may have higher fees than basic cards. Usually, the annual fees will give additional perks back to the customer in the form of points or miles. Card applicants should be informed about fees and charges before applying for a card.Reward complexity: Many cardmembers miss out on opportunities to redeem their points because they don't understand the redemption process. A complex rewards program with category-specific benefits or many redemption rules may not be for everyone. A simple program with no minimum spends and a flat cashback rate on all or most purchases is ideal for many people. It's also important to understand when rewards expire.The right credit card can make purchases and payments easier and more rewarding. But it's important to consider the pros and cons of credit cards, carefully read the terms and conditions, and consider individual needs before making a suitable choice.Citibank SingaporeCitibank Singapore offers consumers and institutions a range of financial products and services, including consumer and investment banking, credit cards, and personal loans. Citibank Singapore aims to deliver holistic and innovative solutions to clients and meet the increasingly complex strategies of its regional client base in the APAC in an ever-changing financial landscape.The content reflects the view of the author of the article and does not necessarily reflect the views of Citi or its employees. Please read the products and offers on Citibank Singapore website for accuracy or completeness of the information presented in the article.Name: Sonakshi MurzeEmail: Sonakshi.murze@iquanti.comJob Title: ManagerSOURCE: iQuanti Copyright 2024 ACN Newswire via SeaPRwire.com.
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APTEXPO 2024 concludes on a high note, offering numerous innovation opportunities for decision-makers across the Asia Pacific’s fashion and supply chain sectors

APTEXPO 2024 concludes on a high note, offering numerous innovation opportunities for decision-makers across the Asia Pacific’s fashion and supply chain sectors

SINGAPORE, Nov 15, 2024 - (ACN Newswire via SeaPRwire.com) - APTEXPO 2024, the global platform for top decision-makers in textiles, apparel, fashion and their supply chains, has concluded its inaugural edition after an exciting three days of activities in Singapore. With industry players in attendance for on-stage panel discussions, numerous new product launches and showcases, and high-level closed-door discussions, the convention has elevated the stage for resounding change.From 2000 to 2020, Asia's population grew by an additional 1.7 billion people, which has brought challenges like inventory surpluses and inefficiencies. Export volumes increased by 50 billion units, with an estimated 70% of these products ending up in landfills or incineration facilities. If left unaddressed, these could exacerbate system-level disruptions that affect consumers and their way of life. These challenges present an opportunity not only to responsibly minimise negative externalities and maximise operational efficiency alone in Asia but also to invest in innovation, growth and long- term value creation in its supply chains.Yet, reshaping and enhancing supply chain resilience is a complex, time consuming, and costly exercise that requires the trust and cooperation of active supply chain and business partners. ASEAN countries and the broader Asia-Pacific region are well placed to offer businesses, especially Asian brands, a unique opportunity to strengthen their supply chains, equipping them for a more sustainable future.The diversity in the profiles of the attendees — who represent organisations involved in various aspects of textiles, apparel, fashion and other supply chain activities across various geographies — demonstrates APTEXPO 2024’s central role in connecting the textile and apparel supply chain worldwide.A significant milestone was reached on Day 1 of APTEXPO 2024 by formally signing a collaboration agreement. APTEXPO 2024, with the support of the founding associations AFTEX and CNTAC, inked a Memorandum of Understanding (MOU) with Lazada Group, which sees both organisations formally agree to come and jointly deploy their capabilities to promote emerging fashion brands from Asia.From Left to Right: Yap Shook Fung, Vice President, MP Singapore, Liang Peng Cheng, Executive Vice-Chairman, Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT TEX), Jason Chen, Group Chief Business Officer at Lazada & Chief Executive Officer at Lazada Singapore.“Through this MOU with APTEXPO, Lazada will work closely with Asian manufacturers to help them build, promote and expand the reach of their brands to our vibrant customer base across the six Southeast Asian economies where we operate. What sets Lazada apart is our dynamic ecosystem, our vast logistics infrastructure and cutting-edge technology, and our deep market insights across Southeast Asia. We’re excited to leverage these strengths to empower brands, enabling them to seamlessly enter and thrive in this diverse region”, said Jason Chen, Group Chief Business Officer, Lazada and Chief Executive Officer, Lazada Singapore.Delegates after the formal signing of the MOU.“APTEXPO 2024 has shown that innovation in textiles and fashion is a team effort—across geographies, industries, and expertise. The future of fashion is shifting eastward, and APTEXPO 2024 is evidence of the global demand for unique Asian brands,” said Liang Peng Cheng, Executive Vice Chairman of the Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT TEX).On Day 2 of APTEXPO 2024, visitors discovered many solutions like Browzwear’s leading 3D apparel design software, which bring tremendous potential for application. Top-tier innovations from up-and- coming Asian designers, representing delegations from the Singapore Fashion Council (SFC), the Confederation of Wearables Exporters of the Philippines (CONWEP), Quanzhou Pavilion and the Ningo Committee of the China Council for the Promotion of International Trade (CCPIT), were also on display to visitors at Marina Bay Sands Expo and Convention Centre, the convention’s premises this year.On Day 3 of APTEXPO 2024, two formal networking sessions were held, connecting participants for introductions, strategic dealmaking and other forms of collaboration for sustainable textiles production and Chinese market opportunities. Further to the panel discussions held on Day 1 (more info can be found here), they also heard from experts from Douyin, Lazada, AFITTY Solutions and others at two exclusive closed-door workshops that covered industry-relevant discussions on sourcing, branding and investment opportunities in the Asia Pacific region.“We are excited to be part of the inaugural APTEXPO 2024. We believe this was a good start and an excellent platform to springboard the restructuring of the textile and apparel supply chain industry, strengthening the ecosystems between the different markets within the Asia-Pacific region. We intend to work with our partners and stakeholders to continue the momentum that has been set this year and to accelerate the transformation in 2025 and beyond”, said Jason Ng, Managing Director, MP Singapore.Through its programming lineup, APTEXPO continues to deliver opportunities for collaboration and change-making in the textiles and fashion ecosystem. APTEXPO will be back in Singapore in November 2025.For more information on APTEXPO 2024, please visit ap-texpo.com.Hashtag: #aptexpohttps://ap-texpo.com/https://www.linkedin.com/company/aptexpo-2024https://www.facebook.com/aptexpo2024/About AFTEXASEAN Federation of Textile Industries (AFTEX) was established in 1978 with the objective to promote common trade position and cooperation among textile and apparel industry in ASEAN member countries in line with the objective of the ASEAN Chamber of Commerce and Industry (ASEAN-CCI).Every year, AFTEX hold its regular meetings plus side events on a rotational basis among member countries to discuss concrete issues of significant relevance to the regional growth and development of the textile and apparel industry, ranging from ASEAN trade linkages to workforce development, from trade fairs & investment promotion to sustainability issue, from regional cooperation to broader partnerships, and more.About CNTACChina National Textile and Apparel Council (CNTAC) is a national federation serving China's textile and apparel industry and enterprises. As a non-profit social organisation dedicated to the high-quality development of industry and enterprises, the services of CNTAC cover the entire textile industrial chain including cotton, linen, wool, silk, knitting, man-made fiber, printing and dyeing, filament fabric, home textiles, industrial textiles, clothing and textile machinery.The wide-ranging services involve areas such as R&D, standards setting, technology transfer, application of information technology, environmental protection, sustainability, inspection and testing, new products, fashion designing, branding, social responsibility, intangible heritage, marketing, trade fairs, industrial layout, industrial clusters, overseas investment, international exchanges, industry- finance integration, training programs and publication.About SFCSingapore Fashion Council (SFC) - formerly known as Textile and Fashion Federation (Singapore) is the official association for the textile and fashion industry in Singapore. Embracing a transformative vision, SFC aspires to become a Vibrant Asian Hub for Responsible Fashion.With a focus on three key pillars: Sustainability, Innovation & Technology and Asian Craftsmanship, SFC works closely with diverse partners across the value chain to offer thought leadership, extensive networks, and resources - to drive impactful change throughout the ecosystem.About MP SingaporeThe MP Group (MP) is a global full-service events management, marketing and community engagement company.Established since 1987, MP embodies more than a quarter century of event building, marketing and management experience in both Eastern and Western cultures, practices, and business philosophies. We bring world-class talent, industry expertise, and incredible enthusiasm into the design and management of extraordinary online-to-offline experiences for your organisation.MP is part of Pico Group, a global group of agencies specialising in engaging people, creating experiences and activating brands for businesses, institutions and governments. As part of the Pico group, MP has unlimited access to a wide network of industry contacts and resources. Pico Far East Holdings has been listed on the Hong Kong Stock Exchange since 1992.About CCPIT TEXThe Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT TEX) was officially established in 1988. Three decades after its establishment, CCPIT TEX has gradually developed into an excellent organiser for professional exhibitions in China's textile and apparel industry.Independently or along with its partners, CCPIT TEX has organised a series of world-renowned exhibitions which cover the entire textile and garment industry both at home and abroad, including but not limited to Intertextile shanghai apparel fabrics, Intertextile shanghai home textiles, ITMA ASIA + CITME and CINTE.About FOURSOURCEFOURSOURCE, is one of the world's largest tech-enabled B2B apparel and textile networks, connecting over 50,000 companies across 120 countries, facilitating the buying and selling of apparel, fabrics, trims, yarns, and home textiles. The network provides professional tools for brands and suppliers to speed-up their cycle time and reduce cost.FOURSOURCE is dedicated to making the industry smarter, safer, more transparent, and sustainable. The company was founded in 2017 and is headquartered in Berlin, Germany, with offices in Portugal, Turkey, Pakistan and China.Media ContactPRecious Communicationsaptexpo@preciouscomms.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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Cropmate Sets to Raise RM42.0 Million from ACE Market IPO

Cropmate Sets to Raise RM42.0 Million from ACE Market IPO

KUALA LUMPUR, Nov 15, 2024 - (ACN Newswire via SeaPRwire.com) - Cropmate Berhad (“Cropmate” or the “Company”), a key player in the conventional and specialty fertiliser manufacturing industry in Malaysia, is pleased to announce the launch of its prospectus for the upcoming initial public offering (“IPO”) on the ACE Market of Bursa Malaysia Securities Berhad (“Bursa Securities”).Ms. Lee Jim Leng, Group Managing Director and Chief Executive Officer of Hong Leong Investment Bank Berhad; Mr. Lee Chin Yok, Managing Director, Cropmate BerhadThe IPO aims to raise RM42.0 million through the issuance of 210.0 million new shares at a retail price of RM0.20 per share. The proceeds from the IPO will be allocated as follows:RM17.1 million for working capital to support Cropmate's growing operations. RM16.7 million to part finance the purchase considerations of Factory Lot 8949 and Factory Lot 8950 where Cropmate’s operations are located. RM3.2 million for capital expenditure including setting up of a Research and Development (“R&D”) and test laboratory. RM5.0 million to defray listing expenses.Managing Director of Cropmate, Mr. Lee Chin Yok, stated, “This is a defining moment for Cropmate with the launch of our prospectus. As the first-ever pure-play fertiliser company to be listed on Bursa Malaysia, this IPO represents our commitment to enhancing agricultural productivity and sustainability in Malaysia. With the proceeds, we aim to expand our R&D capabilities and continue to innovate in the fertiliser industry. We are excited about the opportunities this IPO opens for Cropmate as we strengthen our presence in the Malaysian agricultural sector.”He further added, “Our focus on expanding our R&D capabilities and securing strategic assets aligns with our long-term vision of becoming a leading force in the industry. The additional working capital will also provide us the necessary resources to meet the rising demand for high-quality fertilisers, especially amongst the durian orchards and oil palm plantations, while ensuring continuous innovation and excellence in our operations.”Group Managing Director/Chief Executive Officer of HLIB, Ms. Lee Jim Leng, expressed her support, stating, “Cropmate is well-positioned to capture the growth in Malaysia’s agricultural sector, especially with its focus on innovation and sustainability, which allows them to play a pivotal role in strengthening food security as our population continues to grow. Their strategic initiatives, backed by a strong operational foundation, ensure that Cropmate will continue to thrive and lead the fertiliser industry moving forward.”Cropmate’s growth is anchored in its expertise in the formulation and blending of conventional and specialty fertilisers, as well as trading of straight fertilisers. The Company’s commitment to supporting farmers with innovative, high-quality fertilisers has established it as a trusted name in Malaysia’s agricultural industry.Hong Leong Investment Bank Berhad is the Principal Adviser, Sponsor, Underwriter and Bookrunner.About Cropmate Berhad (“Cropmate”)Founded in 2018, Cropmate Berhad is an established fertiliser manufacturer and supplier in Malaysia, specialising in the formulation and blending of conventional and specialty fertilisers. With a focus on innovation and sustainability, Cropmate offers a wide range of products designed to enhance agricultural productivity, including compacted and blended fertilisers, as well as semi-organic, organic, and liquid fertilisers. Led by industry veterans with decades of experience, Cropmate is committed to supporting farmers in improving crop yield and quality. As the first pure-play fertiliser company listed on Bursa Malaysia, Cropmate continues to advance its mission of contributing to the growth and sustainability of the agricultural sector.For more information, visit https://www.cropmate.com.my/Issued By: Swan Consultancy Sdn. Bhd. on behalf of Cropmate BerhadFor more information, please contact:Jazzmin WanEmail: j.wan@swanconsultancy.bizWilliam YeoEmail: w.yeo@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
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The South Africa Manufacturing Show has announced the honorees for the esteemed Manufacturing 50 Awards

The South Africa Manufacturing Show has announced the honorees for the esteemed Manufacturing 50 Awards

Johannesburg, South Africa, Nov 15, 2024 - (ACN Newswire via SeaPRwire.com) - The South Africa Manufacturing Show, which will be held on November 21, 2024 at Qurtuba Convention Centre, Johannesburg, is proud to present its annual list of distinguished leaders in manufacturing, curated through a thorough process that includes nominations, direct applications, insights from our database, interviews, company websites, and various public sources.These exceptional leaders are united by their passion and steadfast dedication to making a meaningful impact. They are driving change across various domains, spearheading initiatives in operational excellence, resource management, and cross-functional collaboration.Meet the BFSI50 winners:1. Jared Bishop, Plant Director, Ariston Group.2. Lorraine Hill, Group Chief Operations Officer, Aspen Pharmacare Holdings.3. Lihle Mbatha, Head of Information Technology, Barloworld Equipment.4. Teheli Mpho Morabe, Chief Operations Officer, Manganese Metal Company (Pty) Ltd.5. Pandelani Reuben Munyai, Group Chief Information Officer, Transnet SOC Ltd.6. Mashikara Magomane, Procurement Vic Operations Director Bu South, Ab Inbev (Sab).7. Premkumar Murugesan, Head of Plant, Adventure Automotive.8. Sne Dlamini, Vice President: Technology And Digital, AECI.9. Deon Labuschagne, Technical Director, Aerosud.10. Mitesh Takoordeen, Chief Information Officer, African Rainbow Minerals Limited.11. Louise Van Der Bank, Chief Information Officer, AfriSam.12. Vijay Kumar, Head of Supply Chain, Anglo American.13. Neeren Moodley, Chief Information Officer, Ardagh Group.14. Yi-Ting Cheng, Head of Demand and Supply, Aspen Pharmacare.15. Deshen Naidoo, Area Head Of Supply Chain, British American Tobacco.16. Alessandaro Alunni, Operations Director, Danone.17. Phathutshedzo Mathivha, Group Head IT, Bushveld Minerals.18. Ms Maretha Gerber, Group CEO and President, Daimler Truck Southern Africa.19. Zanyiwe Martins, Head of IT Operations, Diageo.20. Shalin Naidoo, Chief Information And Technology Officer, Drdgold Ltd.21. Gcobisa Mashegoana, Head Of Procurement And Supply Chain - Generation, Eskom Holdings Soc Ltd.22. Sithembile Songo, CISO, Eskom Holdings Soc Ltd.23. Wendell Frank, Interim Operation Director and Head of Engineering, Givaudan, South Africa.24. Renaldo Jack, Group Head of CyberSecurity, Globeleq.25. Gareth Sieberhagen, Head Of Information Technology, In2food.26. Werner Leithgöb, IT Director, Lactalis South Africa.27. Arnold Reddy, Head of Supply Chain And Logistics, Mahindra South Africa.28. Moosa Jogee, Head of IT, MAN Automotive.29. Nikhil Naidoo, Manufacturing Director, Microtronix South Africa.30. Shaun Rampursad, Operation Director, Microtronix South Africa.31. Wayne Hempel, Head: Technology, Innovation And Systems, Minopex.32. Brian Bownass, Head of ICT, Moolmans South Africa.33. Annuska Botha, Head Of Procurement, Moolmans South Africa.34. Ané Marx, Head of IT, Neopak.35. Nitesh Singh, Operations Director, Neopak.36. Mrs Lethabo Tsatsi, Supply Chain Director, Pepsico.37. Henny Schlebusch, Regional CIO: EMEA, Rhenus Logistics.38. Kamalasen Govender, Chief Technology Officer, Rosond.39. Ishaaq Jacobs, Chief Cyber Security Officer (CISO), Sasol.40. Theven Naicker, Head IT, Scania South Africa.41. Alex Fenn, Vice President of Innovation and Technology, Sibanye-Stillwater.42. Agreepa Neduvhuledza, Chief Operating Officer, Skyworth Green Energy.43. Bezuidenhout Waldo, Project Director, South 32.44. Brain Monakali, Director of Energy, South 32.45. Ajay Bachulal, Manufacturing Director, Tiger Brands.46. Zoe Ogbeifun, Head of Logistic and Distribution, Transnet Engineering.47. Duke Mathebula (MBA), Chief Information Officer, Trident Steel Africa.48. Phahle Phalane, Vice President of Supply Chain, Unilever.49. Menzi Sithole, Head of Information Technology, Unilever Africa.50. Sahani Chirwa, Information Technology Head & Infrastructure Lead - Southern Africa, Wilmar International.51. Takalani Lende, Supply Chain Head, Wilmar International.52. Kobus Peens, Chief Operating Officer, Inviso Group (Groupe SMTP).53. Basetsana Bame Modimogale, Country Lead: Modern Trade for South Africa, Coca-Cola Beverages South Africa.54. Shantell Mackay, Group Head of Procurement, Foskor.55. Ntsako Baloyi, Head Of Sustainability, Coca-Cola Beverages South Africa.56. Adrien Ruau, Head of Procurement - Africa, ENGIE South Africa.57. Vaibhav Merhoye, Head Of Supply Chain, Adcock Ingram Critical Care.58. Lufuno Ramafola, Head of Procurement, Trysome Auto Electrical Engineering (Pty) Ltd.59. Mukondeleli Netshikulwe, SSA BU Procurement Director, Mondelēz International.60. Moses Lubisi, Manufacturing and Technical Director, Coca-Cola Beverages South Africa.61. Yugen Reddy, Director of Operations, Westfalia Fruit.Connect with manufacturing leaders to explore digital transformation, industry trends, and emerging technologies at the South Africa Manufacturing Show.For more information about the 26th South Africa Manufacturing Show and The Manufactring50 awards, click on the Link.For Media Enquiries, contact:Kasturi Nayak (Sr. Marketing Executive) Kasturi.nayak@exito-e.com Enquiry@exito-e.com Exito Media Concepts Copyright 2024 ACN Newswire via SeaPRwire.com.
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Military Metals Announces LOI to Acquire Past-Producing Last Chance Antimony-Gold Property, near Round Mountain, Nevada

Military Metals Announces LOI to Acquire Past-Producing Last Chance Antimony-Gold Property, near Round Mountain, Nevada

Vancouver, British Columbia--(ACN Newswire via SeaPRwire.com - November 14, 2024) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "Military") is pleased to announced that it has entered into a Letter of Intent ("LOI") with Amador Mining LLC, to acquire the past-producing Last Chance (aka Wall Canyon) antimony-gold property ("Last Chance" or "the Property"), located in Nye County Nevada.The property is located 18km (11 miles) due west of the Round Mountain Gold Mine, and is accessible by road NF-157 that runs west from Highway 376 into the Toiyabe National Forest. The nearest town is Tonopah. The elevation at the historical mineshaft on the property is just under 8,000 feet above sea level. Prospecting for gold in the area - the Jett Mining District, dates back to the 1870s, leading to the discovery of the Last Chance historical antimony mine. First recorded production of antimony was in 1915 with mining activity recorded throughout both World War One and Two and then in 1957-58, as well. Mostly gold-focused exploration work by the United States Geological Survey and Nevada Bureau of Mines during the 1980s further documented antimony and associated gold mineralization in the area, leading to the development of a small (historical) low-grade gold resource.Historical mining and drill data indicate that antimony mineralization is both structurally and stratigraphically controlled, hosted in faults and receptive carbonate units, in quartz veins that crosscut gold-mineralized zones indicating that it is part of a younger mineralizing event. Dikes of serpentinized ultramafics are known nearby although this relationship may be more rheological versus metallogenic (exploiting the same structures), given what is known about the age and metallogenesis of epithermal gold deposits in the region.Military plans a program of detailed surface mapping and sampling upon which a drilling program to test the full potential of the system will be undertaken. The Company plans to enter a definitive purchase agreement within 30 days, and has provided a $10,000 USD exclusivity deposit to the seller. The pending acquisition includes the past-producing mine and covers 5 unpatented mineral claims for total compensation of $45,000 USD and includes a 2% Net Smelter Royalty ("NSR").The technical contents of this release were reviewed and approved by Avrom E. Howard, MSc, PGeo, geological consultant to Military Metals and a qualified person as defined by NI 43-101.Figure 1To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10818/229931_a9822e8c04a2183d_001full.jpgAbout Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony.ON BEHALF OF THE BOARD of DIRECTORSFor more information, please contact:Scott EldridgeCEO and Directorscott@militarymetalscorp.comFor enquiries, please call 604-722-5381 or 604-537-7556This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-Looking information in this news release includes statements related to the completion of the Definite Agreement, as well as future plans for exploration activities, and assumptions related to the continuation of the global demand for antimony. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. These include meeting the conditions to close the Definitive Agreement, geopolitical developments related to the supply of antimony, the continued use of antimony and availability of alternatives, availability of capital and labour in respect of the properties that are the subjects of this news release, the results of any future exploration activities, which cannot be guaranteed, and such other factors as may impact both and any future activities in respect of the properties.. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at www.sedarplus.ca. Forward-Looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements.The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229931 Copyright 2024 ACN Newswire via SeaPRwire.com.
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Explore the Next Era of DevOps at Exito’s DevOps Summit in Dubai

Explore the Next Era of DevOps at Exito’s DevOps Summit in Dubai

DUBAI, UAE, Nov 14, 2024 - (ACN Newswire via SeaPRwire.com) - As Dubai emerges as a leader in AI worldwide, one leading AI development company utilizes AI and ML to develop more customer-friendly support systems. Through NLP (Natural Language Processing is a subfield of artificial intelligence that deals with interaction between computers and human language. It enables machines to read, interpret, and generate human language in a meaningful and useful way), it uses intelligent chatbots and virtual assistants for a business that has resulted in increasing user engagement by 30% and the average time taken to respond to a call is reduced by 40%.These AI-based solutions streamline operations, reducing the cost of running operations by 20%, and enable companies to utilize their resources better. Besides, organizations that adopt predictive analytics record a 25% sales increase due to the ability to tailor services to customer needs, thereby improving service quality and customer satisfaction.These AI innovations extend beyond efficiency in operations; they improve customer relationships and loyalty. After deployment, the firms have seen customer satisfaction increase by 35% accompanied with higher engagement metrics. More complex areas included for integration and issues relating to employee training, but thorough support strategies helped manage this area as well.Overview of the event: The Exito DevOps Summit is an international premier event that unites leaders and professionals to discover the latest innovations in the industry, focusing on best practices in DevOps. The 5th edition, happening at the Shangri-La Dubai on 5th December 2024, is centered around the theme of building the best collaboration across different teams in the workplace, with a strong emphasis on agile delivery, while upholding quality and security. The summit will feature lively debates and discussions on key topics such as infrastructure management, cloud security, and automation of compliance. This event serves as an excellent opportunity for knowledge exchange and networking among enthusiasts and experts in the field. With the global DevOps market projected to grow from USD 10.4 billion in 2023 to USD 25.5 billion by 2028, the summit offers unparalleled insights into the future of DevOps and its evolving impact on the industry.Who will attend?Tamer Hamed, Chief Information Officer, Dubai Cable Company - Ducab.Umesh Moolchandani, Chief Information Officer, Bin Dasmal Group.Manish Agarwal, Chief Information Officer, MH ENTERPRISES LLC.Somnath Sarkar, Executive Vice President - Group Head of Information Security, Mashreq Bank.Anil Shivaram, Head of Cloud and DevSecOps, Noonpayments.The event will cover topics like:The Next Era of DevOps, Exploring the Low code/No Code Phenomenon.Unlocking Success: Constructing Exceptionally effective Teams.Fortifying DevOps: Deploying Advanced Security measure within CI/CD Pipelines.Futuristic DevOps: Driving Innovation with ML & AI for seamless Automation and Proactive Analysis.Leveraging Cloud Native Solutions for improved Scalability,Resilience and Agility in DevOps Practices.Continuous delivery 2.0: Orchestrating Advanced Pipelines for Enterprise- Scale Deployments.For more information on the Exito DevOps Summit, click the: LinkAbout ExitoExito, which means success in Spanish, embodies our commitment to the success of our customers. Each year, we host over 240 virtual and in-person conferences globally, bringing together audiences with world-class thought leaders and C-level executives across industries. Our meticulously crafted agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, deal flow, and impactful messaging for brands.For Media Enquiries, contact:Kasturi Nayak (Sr.) Marketing Executive)Kasturi.nayak@exito-e.comEnquiry@exito-e.comExito Media Concepts Copyright 2024 ACN Newswire via SeaPRwire.com.
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Disney Dream Reimagined! New Little Mermaid Wedding Ring Collection

Disney Dream Reimagined! New Little Mermaid Wedding Ring Collection

SINGAPORE, Nov 14, 2024 - (ACN Newswire via SeaPRwire.com) - ALUXE, Singapore’s top choice for Disney-inspired wedding jewellery, proudly introduces two new designs in its best-selling Little Mermaid Series. Beloved for blending Disney’s iconic stories with elegant, modern craftsmanship, Wave of Passion and Eternal Waves rings capture the magic of romance with stylish yet enduring designs. Celebrated for their charm and sophistication, these latest creations offer couples a timeless way to mark their love story.This new collection captures the romance of the ocean with wave-inspired designs symbolising endless devotion. Sleek lines and shimmering diamonds evoke a steadfast love, while unique beadwork adds an elegant texture, reflecting moments of eternal affection — an exquisite choice for couples.Wave of Passion Engagement Ring (RSDL007)Wave of PassionHold our lives together with the deep courage of love.Inspired by the timeless rhythm of the ocean, this collection represents the enduring bond of love. The flowing curves and clean lines symbolise the perfect harmony between passion and stability. Each piece is a testament to our dedication to creating timeless jewellery that celebrates your unique love story.Wave of Passion Engagement Ring (RSDL004)This engagement ring features a drop-shaped setting that highlights the centre diamond, symbolising a treasure from the ocean. The band with teardrop accents and small diamonds reflects the eternal shine of love.Wave of Passion Engagement Ring (RSDL007)This engagement ring showcases a centre diamond surrounded by smaller diamonds, amplifying its brilliance and symbolising boundless love. The teardrop-shaped band with beaded edges evokes the steady ripples of the ocean, reflecting enduring devotion.Wave of Passion Women’s Wedding Ring (RGDL004)This wedding band features a wave-inspired curve, symbolising eternal love. The beaded design mirrors soft waves, representing a love that endures. Perfect for stacking with an engagement ring, it enhances the brilliance and elegance of your commitment.Wave of Passion Men’s Wedding Ring (RBDL004)This men’s wedding band features a sleek, straight band symbolising stability. A central diamond with square beading adds depth, while the subtle sparkle reflects enduring love and timeless commitment.Eternal WavesA Love as Deep as the SeaThe Eternal Waves rings, inspired by sparkling waves, feature diamonds, beaded details, and sleek lines. This design symbolizes the steadfast and radiant love between two hearts, reflecting the ocean’s strength and the enduring beauty of true love.Eternal Waves Engagement Ring (RSDL005)This engagement ring features a starfish-inspired setting that magnifies the centre diamond’s brilliance. The band, with its flowing curves and diamond accents, reflects the ocean’s waves, symbolising eternal love and unwavering commitment.Eternal Waves Women’s Wedding Ring (RGDL005)This women's ring boasts a smooth, polished surface with delicate beaded edges. Inspired by infinity, it symbolises boundless love. A beaded halo beneath the central diamond enhances its brilliance, reflecting everlasting commitment and radiant love.Eternal Waves Men’s Wedding Ring (RBDL005)This men’s wedding band features minimalist engraved lines that complement the women’s ring, symbolising infinite love. Its smooth, polished surface mirrors the ocean’s vastness and stability, evoking quiet strength and enduring commitment.The Little Mermaid Jewellery CollectionALUXE also presents a stunning range of jewellery from the Disney collection, featuring earrings, necklaces, and bracelets. Designed to capture the essence of the story with elements like mermaid tails, seashells, and ocean waves, these pieces are perfect for both gifting and personal wear.ALUXE is excited to introduce exclusive Disney-themed ring boxes to accompany its Disney Wedding Ring Collection. These beautifully crafted boxes—featuring character designs, a charming shell shape, and an elegant floral style—are sure to capture the hearts of both Disney fans and newcomers. Available only with the purchase of a matching ring from the collection, these ring boxes are the perfect keepsake to add a touch of Disney magic to your special moment. Don’t miss the chance to own a piece of this enchanting collection!Set to be a standout for 2024, the Little Mermaid Collection is now available worldwide. Celebrate your love with ALUXE and let your love story shine through every exquisite detail.From now until 30th November, enjoy the following exclusive offers:Book an appointment and visit us for a chance to win a $1500 Love Gift.Receive a complimentary jewellery box with every purchase from Disney collection.40% off on IGI Lab-grown diamonds.Platinum Wedding Bands Up to 25% OFF.Spend & Win! Over $10,000 in prizes for all.Starting 14th November, ALUXE expands its offerings with a range of 999 pure gold jewellery, ideal for wedding essentials like the Si Dian Jin set, or as exquisite gift options. To celebrate the launch, the first five customers purchasing a gold set will receive an exclusive ceremonial gift package. Enjoy limited-time offers of $5 off per gram and 15% off workmanship fees. Visit ALUXE to explore this new collection, where tradition meets elegance.Visit any ALUXE store or our official website to book your exclusive experience and immerse yourself in this enchanting celebration of love.www.aluxe.com/sg-en/For Media Queries, Please Contact:Julia Lachica: +65 87487912 // julia@swstrategies.orgChua Sheng Rui: +65 91372102 // shengrui@swstrategies.orgAbout ALUXEALUXE is the first jewellery brand in Taiwan, embodying the perfect combination of happiness and jewellery. Starting as an online retailer, ALUXE's high-quality products and competitive prices gradually garnered more attention, which led to the opening of its first physical store in 2008 to offer even better products and services to customers around the world. ALUXE is currently present in Taiwan and Hong Kong, with Singapore’s flagship store located at ION Orchard and two other doors at the heartland areas.For more information, visit https://www.aluxe.com/sg-en/FB: https://www.facebook.com/aluxe.sgIG: https://www.instagram.com/aluxe_sg/ALUXE LOCATIONSION Orchard2 Orchard Turn, ION Orchard #B2-63, Singapore 238801 Tel: +65 6015 0798Opening Hours: 10:00 - 21:30JEM50 Jurong Gateway Road, JEM #01-55, Singapore 608549Tel: +65 6992 2589Opening Hours: 11:00 - 21:30Tampines 110 Tampines Central 1, Tampines 1 #01-27 & 28, Singapore 529536Tel: +65 6022 1715Opening Hours: 11:00 - 21:30 Copyright 2024 ACN Newswire via SeaPRwire.com.
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Interview with Spectral’s Sean Brehm on DQLDB the Vogon Cloud

Interview with Spectral’s Sean Brehm on DQLDB the Vogon Cloud

SEATTLE, WA, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - Spectral Capital (OTCQB: FCCN), FCCN Spectral Capital's Chairman, Sean Brehm shares insights into Spectral’s DQLDB and The Vogon Cloud. Spectral Capital Group a leading innovator in decentralized cloud technology and advanced quantum ledger solutions outlines its vision for Spectral’s Vogon DQLDB with Plato Data Intelligence's Bryan Feinberg.Bryan Feinberg: Sean, I saw your post on X about Vogon DQLDB and its potential to transform financial systems. You mentioned the importance of human identity at the heart of commercial and capital markets. Can you explain what drives this visionSean Michael Brehm: At the heart of every market transaction is human identity—the sum of each individual’s daily contributions to the commercial world. This goes beyond financial exchanges; it’s about our choices, our interactions, and our values reflected in the economy. Our Vogon DQLDB is built with this central idea: each person's activity—whether buying, selling, or investing—is a piece of a larger narrative. By indexing these contributions using MSCI’s GICS standards, we categorize each transaction into primary, secondary, and tertiary subindustries, which provides a transparent, honest representation of our roles in the market. This kind of system gives people credit for the economic impact they bring.Bryan Feinberg: So, if I understand correctly, Vogon DQLDB is like a giant record-keeper that recognizes each person’s economic actions—whether I buy coffee, invest, or sell a used phone—as meaningful contributions. It tags each action to specific industries, showing that each of us is part of the economic story. Does that mean we’d all have a role in the markets beyond just being consumers Am I understanding that right, SeanSean Michael Brehm: Each transaction you make isn’t just about the money; it’s about showing your unique place and contribution in the economy regardless if you are in Boston or Botswana. By tagging actions to sub industries, we’re essentially writing a story where every participant is an author, making the market more inclusive and giving a clear picture of everyone’s impact. You’re not just a consumer; you’re a contributor to the system’s transparency and stability. Today your data is sold to others that do that and you don’t get any of the credit. Moving forward you remain the custodian of your data, meaning you control how it’s accessed and used within the system.Bryan Feinberg: You mentioned that this indexing could make Vogon DQLDB a modern version of the Buttonwood Agreement, returning transparency to the markets. How does that transparency affect market stability and honestySean Michael Brehm: Our team is passionate about returning global markets to the transparency that the Buttonwood Agreement symbolized back in 1792. Back then, agreements were based on mutual accountability and a shared framework. By indexing each person’s contributions and categorizing transactions transparently, Vogon DQLDB restores a sense of trust. It shows how individual contributions make up the foundation of commercial and capital markets. This visibility helps create a more stable system, where people know their daily actions, large or small, are recorded and valued. It’s a fundamental shift back to the ethos of fair and open markets.Bryan Feinberg: This sounds like a fair trade simplification engine where people could see the full picture, with everyone’s contributions kept out in the open, so it’s clear how they matter. Would this make it harder for anyone to ‘game’ the systemSean Michael Brehm: It is all about fair trade and putting the human identity where it belongs: At the center of commercial and capital markets. Just like in the original Buttonwood Agreement, people would understand how their actions impact the system and trust that they’re being accounted for honestly. By making everything visible, we’re closing loopholes that might allow manipulations, making it easier for everyone to see the real, fair value of their contributions. Additionally, Vogon DQLDB employs advanced data encryption to protect individual data, so each person’s data is secure while remaining visible for regulatory and systemic oversight.Bryan Feinberg: Indexing transactions with the GICS standards is an innovative idea. Can you explain how this process works within DQLDBSean Michael Brehm: When someone makes a transaction, Vogon DQLDB automatically categorizes it according to MSCI’s GICS standards, tagging it to a primary, secondary, and tertiary subindustry. This indexing means that every action—sale, investment, or trade—gets transparently attributed within the market. DQLDB essentially creates a ledger transaction and a transparent, user-owned database organized as coalitions, where the impact of each transaction is visible and accountable. Individuals maintain custodianship over their data, meaning they can access, review, and even limit how this data is used in certain contexts. Their identity is protected by post quantum cryptography. This way, we see exactly where your human effort drives the market and how industries connect to individual and collective activity. It’s a level of granularity in understanding our economic footprint that’s never been possible before and because you remain anonymous, it drives the value of your data up further.Bryan Feinberg: If I buy something, the system tags that purchase based on what industry it falls into—like ‘Food and Drink’ if I buy lunch or ‘Tech’ if I buy a laptop. By tracking all my activities this way, DQLDB builds a clear picture of which industries are thriving or struggling based on my actions. Would it be like a mirror reflecting where I am putting all my money and timeSean Michael Brehm: It’s exactly that—a mirror reflecting our individual and collective choices that drive the economy. It provides an accurate picture of which industries matter most based on individual actions. Plus, it helps both individuals and businesses make informed choices by showing how their economic footprint interacts with market trends.Bryan Feinberg: You’ve talked about Vogon DQLDB supporting regulatory compliance. How does this focus on human identity and transaction visibility play out for financial oversightSean Michael Brehm: With Vogon DQLDB, regulators get a transparent, unbiased view of the market’s structure, right down to individual contributions. Each transaction reflects an identity within its industry, showing patterns that could reveal stability or potential risks. For example, if regulators notice a concentration of activity in specific sectors or a sudden shift in consumer behavior, they can respond proactively. This visibility helps create honest markets where contributions aren’t hidden or obscured but instead provide a stable foundation for economic oversight. We’re also in discussions with financial regulatory bodies to align our approach with industry standards, ensuring Vogon DQLDB can meet compliance requirements globally. It’s about building a fairer market system that operates with each participant's best interests in mind.Bryan Feinberg: The DQLDB essentially lets regulators ‘see’ the entire market more clearly—like a map that shows where all the action is happening and helps them spot risky trends early on. How does this make it easier to keep the market stable and safe for everyoneSean Michael Brehm: Now, with the Vogon DQLDB, regulators have a map to follow the action across sectors and industries in real time. They can react faster to shifts, and this creates a stable environment where everyone’s interests are protected. By enhancing transparency, we’re also limiting opportunities for shady practices to slip through the cracks.Bryan Feinberg: Your post also touched on high-frequency transactions. How does the Vogon DQLDB balance technical efficiency with personal, transparent data representationSean Michael Brehm: Vogon is designed for both speed and integrity. With our epoch-based structuring and VMerkelPairs, it handles high-frequency data while preserving each transaction’s unique identity. Every data entry in the ledger-database is preserved with its industry attribution, creating a clear, real-time trail of our daily economic footprint. This is essential for creating an open, honest system where people see how their actions contribute to the broader economy. Vogon DQLDB doesn’t just record transactions—it reflects them back as part of a shared economic narrative, helping people feel involved while also using energy-efficient processes that reduce its carbon footprint. This way, we support both high transaction speeds and environmental responsibility.Bryan Feinberg: So, the technology is fast enough to handle lots of transactions per second, but it doesn’t lose track of what each transaction actually represents. Is it fair to say that, even though the system processes everything at high speed, it still keeps a ‘personal touch’ by showing the meaning behind each transaction and keeping it secureSean Michael Brehm: Even though it’s fast, DQLDB is about showing how each one of your transactions—or organizational transactions—fits into the bigger picture. It does so security. Every action is recorded in a way that preserves its importance, so we see not just numbers but the real, human impact behind them and how businesses and governments use them responsibly.Bryan Feinberg: Hearing about this focus on human identity, how do you see Vogon DQLDB impacting financial interactions for everyday peopleSean Michael Brehm: At Spectral Capital, we believe it represents a shift from seeing markets as abstract entities to understanding them as a community of individual identities and choices. For the first time, people can see themselves in the market, with their transactions categorized transparently and their contributions valued. This return to transparency and inclusivity builds trust, making financial systems more accessible and relatable. Imagine a world where each person knows their economic role and sees their efforts contributing to market stability. We’re also launching pilot programs in the retail and banking sectors to illustrate this vision, making the market feel less distant and helping people see how their choices influence the system.Bryan Feinberg: I guess another way to look at this is that Vogon DQLDB will help people feel like they really matter in the financial system. Instead of the market being this distant, mysterious thing, we’d all see our own impact, and it would help us feel more involved.Sean Michael Brehm: Yes, don’t you think that the market should reflect each of us, not feel like a faceless machine Instead of your mobile phone data going to large institutions, it remains yours on the Vogon DQLDB brings and it brings your contributions front and center, making people feel connected and giving everyone a meaningful stake in a fair, stable financial future.Bryan Feinberg: Thank you, Sean. This vision of a human-centered market system is both powerful and timely. We look forward to seeing how Vogon DQLDB brings this vision to life.About FCCN Spectral Capital (OTCQB: FCCN)Based in Seattle, Washington, FCCN Spectral Capital is a leading innovator in decentralized cloud solutions, powered by advanced quantum ledger technology. Through Vogon, its flagship edge and hybrid cloud platform, FCCN is committed to delivering scalable, secure, and transformative cloud solutions for global markets. By fostering MSP partnerships worldwide, FCCN is setting new standards in decentralized infrastructure and data security for the future. For more information, please visit Spectral Capital.Media Contact:Plato Data IntelligencePlatoAiStream.comZephyr@platodata.ioForward-Looking StatementsThis press release contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events and FCCN's growth and business strategy. Words such as "expects," "will," "intends," "plans," "believes," "anticipates," "hopes," "estimates," and variations on such words and similar expressions are intended to identify forward-looking statements. Although FCCN believes that the expectations reflected in such forward-looking statements are reasonable, no assurance can be given that such expectations will prove to have been correct. These statements involve known and unknown risks and are based upon a number of assumptions and estimates that are inherently subject to significant uncertainties and contingencies, many of which are beyond the control of FCCN. Actual results may differ materially from those expressed or implied by such forward-looking statements. Factors that could cause actual results to differ materially include, but are not limited to, changes in FCCN's business; competitive factors in the market(s) in which FCCN operates; risks associated with operations outside the United States; and other factors listed from time to time in FCCN's filings with the Securities and Exchange Commission. FCCN expressly disclaims any obligations or undertaking to release publicly any updates or revisions to any forward-looking statements contained herein to reflect any change in FCCN's expectations with respect thereto or any change in events, conditions or circumstances on which any statement is based. Copyright 2024 ACN Newswire via SeaPRwire.com.
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APTEXPO 2024 Kicks Off with Key Fashion and Supply Chain Leaders Sparking Innovation on Day One

APTEXPO 2024 Kicks Off with Key Fashion and Supply Chain Leaders Sparking Innovation on Day One

SINGAPORE, Nov 13, 2024 - (ACN Newswire via SeaPRwire.com) - APTEXPO 2024 officially kicked off today at the Marina Bay Sands Expo and Convention Center, marking the start of a groundbreaking three-day event poised to create new opportunities for change in the textiles and apparel value chain.As the global platform that convenes the top decision-makers in textiles, apparel, fashion, and their supply chains, this year's convention promises to be more than a series of panel discussions—it is a much-needed gateway to transforming your business through its exclusive showcase of the latest fashion, supply chain and textiles technologies and projects from the likes of Singapore Fashion Council (SFC) Pavilion and HY Green Technology - which is set to unravel on 14 November.On the first day, Sharon Lim, President of the Singapore Fashion Council (SFC), delivered the welcome speech. She addressed the esteemed guests, fellow speakers, and the audience and commended the organisers for hosting the inaugural Asia-Pacific Textile and Apparel Supply Chain Summit 2024.On APTEXPO 2024, Sharon Lim said, “As the official association for Singapore's textile and fashion industry, SFC partners with various stakeholders throughout the value chain to drive meaningful change across three key pillars: sustainability, innovation and technology, and Asian craftsmanship. Partnerships are essential for building a resilient and agile supply chain today. Such stakeholder collaboration helps mitigate risk, seize new opportunities and foster innovation that benefits us all. APTEXPO 2024 is a great example of this work we are undertaking.”The first day of APTEXPO 2024 also offered attendees the chance to gain the knowledge and insights shared in the opening speeches by Poh Chi Chuan, Executive Director, Exhibitions and Conferences, Singapore Tourism Board; Albert Tan, Chairman, ASEAN Federation of Textile Industries (AFTEX); and Sun Ruizhe, President, China National Textile and Apparel Council (CNTAC). These organisations play an important role in promoting textile and fashion innovation.From Left to Right: (1) Jonas Wand, CEO and Co-Founder, FOURSOURCE, (2) Xu Yingxin, Vice President, China National Textile and Apparel Council (CNTAC), (3) Sharon Lim, President, Singapore Fashion Council, (4) Sun Ruizhe, President, China National Textile and Apparel Council (CNTAC), (5) Albert Tan, Chairman, ASEAN Federation of Textile Industries (AFTEX), (6) Poh Chi Chuan, Executive Director, Exhibition and Conferences Singapore Tourism Board, (8) Peter Liang Pengcheng, President, Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT TEX).Zhang Tingting, CEO of SFC, moderated a panel discussion that dove into the role of regional collaboration in building a resilient, adaptive and sustainable supply chain, convening on stage high- level executives from Weave, Browzwear, JEANWEST International, Shanghai Challenge Textile Co and the Hong Kong General Chamber of Textiles.Regina Leong, CEO of Trackland Sdn Bhd Group of Companies, Honorary Permanent Secretary General, AFTEX, and President of the Malaysian Textile Manufacturers Association (MTMA), hosted the second panel discussion of the day. The panel featured experts from various organisations, including the Indonesian Textile Association and SEMBCORP. The panellists shared strategies for boosting Asia-Pacific production capabilities and leveraging partnership opportunities in the region’s textile industry.Two plenary sessions also took place on the first day, during which audiences heard from more leaders in the global textiles and apparel segment.The first plenary session addressed global trends and challenges in the textile and garment industry. Christian P. Schindler, Director General of ITMF, discussed current industry challenges, while Dirk Vantyghem of EURATEX covered the EU's role in advancing sustainability. Deepika Rana, COO of Li & Fung, rounded off with insights on supply chain innovation.The second plenary session focused on technology, branding, and sustainability as drivers of supply chain restructuring. Jonas Wand, CEO of FOURSOURCE, shared how AI shapes future value chains, and Chris Govier of Kornit Digital emphasised digital advancements for sustainable growth. Sunny Huang from New Wide Group discussed digital manufacturing solutions, while Henry Tan of Luen Thai Group examined Asia’s market potential.APTEXPO 2024 will continue through 15 October 2024 in Singapore, with an exclusive lineup of industry updates, showcases, and networking sessions to follow.For more information on APTEXPO 2024, please visit ap-texpo.com.Hashtag: #aptexpohttps://ap-texpo.com/https://www.linkedin.com/company/aptexpo-2024https://www.facebook.com/aptexpo2024/About AFTEXASEAN Federation of Textile Industries (AFTEX) was established in 1978 with the objective to promote common trade position and cooperation among textile and apparel industry in ASEAN member countries in line with the objective of the ASEAN Chamber of Commerce and Industry (ASEAN-CCI).Every year, AFTEX hold its regular meetings plus side events on a rotational basis among member countries to discuss concrete issues of significant relevance to the regional growth and development of the textile and apparel industry, ranging from ASEAN trade linkages to workforce development, from trade fairs & investment promotion to sustainability issue, from regional cooperation to broader partnerships, and more.About CNTACChina National Textile and Apparel Council (CNTAC) is a national federation serving China's textile and apparel industry and enterprises. As a non-profit social organisation dedicated to the high-quality development of industry and enterprises, the services of CNTAC cover the entire textile industrial chain including cotton, linen, wool, silk, knitting, man-made fiber, printing and dyeing, filament fabric, home textiles, industrial textiles, clothing and textile machinery.The wide-ranging services involve areas such as R&D, standards setting, technology transfer, application of information technology, environmental protection, sustainability, inspection and testing, new products, fashion designing, branding, social responsibility, intangible heritage, marketing, trade fairs, industrial layout, industrial clusters, overseas investment, international exchanges, industry- finance integration, training programs and publication.About SFCSingapore Fashion Council (SFC) - formerly known as Textile and Fashion Federation (Singapore) is the official association for the textile and fashion industry in Singapore. Embracing a transformative vision, SFC aspires to become a Vibrant Asian Hub for Responsible Fashion.With a focus on three key pillars: Sustainability, Innovation & Technology and Asian Craftsmanship, SFC works closely with diverse partners across the value chain to offer thought leadership, extensive networks, and resources - to drive impactful change throughout the ecosystem.About MP SingaporeThe MP Group (MP) is a global full-service events management, marketing and community engagement company.Established since 1987, MP embodies more than a quarter century of event building, marketing and management experience in both Eastern and Western cultures, practices, and business philosophies. We bring world-class talent, industry expertise, and incredible enthusiasm into the design and management of extraordinary online-to-offline experiences for your organisation.MP is part of Pico Group, a global group of agencies specialising in engaging people, creating experiences and activating brands for businesses, institutions and governments. As part of the Pico group, MP has unlimited access to a wide network of industry contacts and resources. Pico Far East Holdings has been listed on the Hong Kong Stock Exchange since 1992.About CCPIT TEXThe Sub-Council of Textile Industry, China Council for the Promotion of International Trade (CCPIT TEX) was officially established in 1988. Three decades after its establishment, CCPIT TEX has gradually developed into an excellent organiser for professional exhibitions in China's textile and apparel industry.Independently or along with its partners, CCPIT TEX has organised a series of world-renowned exhibitions which cover the entire textile and garment industry both at home and abroad, including but not limited to Intertextile shanghai apparel fabrics, Intertextile shanghai home textiles, ITMA ASIA + CITME and CINTE.About FOURSOURCEFOURSOURCE, is one of the world's largest tech-enabled B2B apparel and textile networks, connecting over 50,000 companies across 120 countries, facilitating the buying and selling of apparel, fabrics, trims, yarns, and home textiles. The network provides professional tools for brands and suppliers to speed-up their cycle time and reduce cost.FOURSOURCE is dedicated to making the industry smarter, safer, more transparent, and sustainable. The company was founded in 2017 and is headquartered in Berlin, Germany, with offices in Portugal, Turkey, Pakistan and China.Media ContactPRecious Communicationsaptexpo@preciouscomms.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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analytica Vietnam Expands for 2025 with Addition of New Hall

analytica Vietnam Expands for 2025 with Addition of New Hall

HO CHI MINH CITY, VIETNAM, Nov 13, 2024 - (ACN Newswire via SeaPRwire.com) - analytica Vietnam, the largest international exhibition for laboratory technology, analysis, biotechnology, and diagnostics in Vietnam, will hold its 8th edition from April 2 to 4, 2025. The show is set to expand significantly with the addition of Hall A2 at the Saigon Exhibition and Convention Center (SECC), bringing the total exhibition area to 8,000 square meters—nearly doubling the space of the 2023 edition.The expansion is supported by major governmental and scientific organizations, including the Ministry of Science and Technology, National Agency for Science and Technology Information (NASATI), Center for Science and Technology Information (CESTI), Vietnam Association of Testing Laboratories (VINALAB), and VNU University of Science (VNU-HUS), all of which solidify analytica Vietnam's position as Vietnam’s leading platform for advancing laboratory technology and science.Expanded Space and Record Exhibitor LineupFor the first time, Hall A1 reached full capacity six months ahead of the event, driven by strong interest from international exhibitors eager to explore Vietnam’s rapidly growing laboratory and biotechnology markets. The addition of Hall A2 will not only accommodate more exhibitors but also enhance the event’s capacity for networking and knowledge exchange, solidifying analytica Vietnam 2025 as the region’s most comprehensive industry platform.LECO Corporation, a key returning exhibitor, expressed strong support for this expansion:“It is a fantastic idea for expanding the exhibition space for analytica Vietnam 2025. This increased space will provide LECO and our customers with more opportunities to meet, exchange information, and share experiences. Additionally, it will allow LECO to showcase our services and products to a wider range of consumers in a more efficient and visually appealing manner. Expanding analytica Vietnam is essential, and we fully support this initiative.”The upcoming edition is expected to welcome over 350 exhibitors and brands from various countries, including Vietnam, Singapore, Germany, the USA, Switzerland, the Netherlands, Japan, China, Taiwan, Hong Kong, Malaysia, and India. These exhibitors will showcase innovative solutions to more than 6,000 professional visitors from Vietnam and the ASEAN region. Confirmed exhibitors include industry leaders such as ITS Vietnam, DKSH Vietnam, HTI Scientific, Shimadzu, Merck, Anton Paar, FUJIFILM Wako, Waters, Hóa Việt, Kimteco, 2H Instrument, Oriental Giken, Metrohm, LECO, Mettler Toledo, ESCO, Labware, Yamato Scientific, Azenta Life Sciences, METHOD, and Asciotech.Hóa Việt, another returning exhibitor, commented on the expansion:"We’re excited about the additional space, which will allow us to present our latest technology products and core solutions to a broader audience. This expansion is a great opportunity for us to increase our visibility and connect with more customers in Vietnam’s fast-growing laboratory market."Comprehensive Supporting ProgramsBeyond the exhibition, analytica Vietnam 2025 will offer a range of supporting programs to foster meaningful engagement and professional development. These include an Academic Conference featuring thought leaders discussing the latest research and trends in laboratory sciences. The Exhibitor Forum will provide a platform for exhibitors to share insights on industry developments, while a series of seminars will address key challenges and emerging technologies in the laboratory sector. Additionally, a Business Matching Area will facilitate targeted networking opportunities, and the Hosted Buyer Programme will connect high-level decision-makers from Vietnam, Laos, Cambodia, and other ASEAN countries with exhibitors, fostering strategic partnerships.A Vital Platform for Growth and InnovationAs Vietnam’s laboratory market continues its rapid growth, analytica Vietnam 2025 will serve as a critical platform for companies seeking to tap into this burgeoning industry. The expanded exhibition space, coupled with new features and global participation, ensures that this year’s event will be a pivotal moment for professionals in the laboratory, biotechnology, and diagnostic sectors. Attendees can expect unparalleled opportunities to discover the latest innovations, forge international partnerships, and gain insights into market trends. Whether you’re an exhibitor or a visitor, analytica Vietnam 2025 will offer a transformative experience, providing the tools, connections, and knowledge to navigate the future of the industry.For more information, please visit www.analyticavietnam.com or contact our team at analyticavietnam@mmiasia.com.sgAbout analytica Vietnamanalytica Vietnam is the premier trade fair for laboratory technology, analysis, and biotechnology in Southeast Asia. Organized by Messe München, the event brings together industry professionals, researchers, and policymakers to showcase the latest technologies, exchange knowledge, and foster business collaborations. analytica Vietnam features an exhibition, conference, pre-event laboratory tours, buyer-seller programs, and networking opportunities, providing a comprehensive platform for the laboratory and biotechnology industries in the region. The upcoming edition is set to take place from April 2 to 4, 2025 at the SECC – Saigon Exhibition and Convention Center. More details can be found here.About analytica worldwideMesse München is the world’s leading trade fair organizer for laboratory technology, analysis and biotechnology. The international network of exhibitions includes analytica, analytica China, analytica Anacon India & India Lab Expo, analytica Vietnam and analytica Lab Africa. Additional information about these exhibitions and their programs of events is available at www.analytica.de.About MMI Asia Pte LtdEstablished in 1992, MMI Asia is the wholly owned subsidiary and the regional headquarters of Messe München GMBH (MMG) and is one of the world largest and leading exhibition organizers. MMI Asia’s portfolio of events include editions of worldleading trade fairs from Munich – transport logistic & air cargo, analytica, ceramitec; as well as industry-specific events such as Glasstech and Fenestration Asia, Asia Climate Forum, and Singapore International Water Week. MMI Asia also provides consultancy in professional trade fair and conference management to government bodies, international trade and promotion organizations, and trade associations. For more information, please visit www.mmiasia.com.About Messe MünchenAs one of the world’s leading trade fair organizers, Messe München presents the world of tomorrow at its about 90 trade fairs worldwide. These include twelve of the world’s leading trade fairs such as bauma, BAU, IFAT, electronica, and ISPO. Messe München’s portfolio comprises trade fairs for capital and consumer goods, as well as for new technologies. Together with its subsidiaries, it organizes trade fairs in China, India, Brazil, South Africa, Turkey, Singapore, Vietnam, Hong Kong, Thailand, and the U.S. With a network of more than 15 affiliated companies and almost 70 representations worldwide, Messe München is active in more than 130 countries. The more than 150 events held annually attract around 50,000 exhibitors and around three million visitors in Germany and abroad.Exhibition Contact:MMI Asia Pte. Ltd.Daniel ShiExhibition Directordaniel@mmiasia.com.sgPress Contact:MMI Asia Pte. Ltd.Joey NgSenior Exhibition Executivejoey@mmiasia.com.sg Copyright 2024 ACN Newswire via SeaPRwire.com.
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RCBC Partners With APIwiz to Launch Digital 2.0 Marketplace for Pioneering the Future of Financial Service Distribution

RCBC Partners With APIwiz to Launch Digital 2.0 Marketplace for Pioneering the Future of Financial Service Distribution

SINGAPORE, Nov 13, 2024 - (ACN Newswire via SeaPRwire.com) - Philippines' Rizal Commercial Banking Corporation (RCBC) has announced at the Singapore FinTech Festival its strategic collaboration to pilot its Digital 2.0 Marketplace, which will define the future of digital distribution. Banks can follow a platform approach built around unbundling and re-assembling products and services through Open Platforms. RCBC will become the first bank in Southeast Asia to offer this platform. This groundbreaking marketplace will transform banking services by enabling real-time service creation through automation, providing significant benefits to customers and RCBC's global strategic partners."We aim to make banking and related services accessible to Filipinos worldwide, and our ongoing commitment to innovation will make this a reality. With APIwiz, we can manage and govern our Application Protocol Interface (APIs) in real-time and leverage composable APIs to comply, compete, and collaborate, allowing us to offer a wide range of unprecedented services that customers in this market have never experienced before through platform banking," shared Lito Villanueva, Executive Vice President and Chief Innovation & Inclusion Officer, RCBC.APIs serve as the essential connectors in modern banking while platform banking continues to evolve. Banks should prioritize deploying and integrating service meshes in the short term to facilitate interactions with legacy core banking systems. This approach acts as a gateway for external connections and speeds up integration by exposing well-defined APIs. Over time, banks are expected to transition to microservices-based core platforms, fostering a more scalable and flexible ecosystem."This transition will enable a true platform banking environment streamlining API integration and deployment, accelerating banks' transition to modern, microservices-based platforms for enhanced flexibility and scalability," shared John Alabastro, IT Shared Services Group Head & CTO, RCBC"APIwiz, an end-end API platform, allows enterprises to build, govern, and operate APIs effectively. APIs are the digital glue of modern banking; however, the number of APIs used in banking is growing exponentially, and an API platform is needed to simplify, standardize, centralize, and automate API delivery. Open banking helps create innovative business models. Using APIs, RCBC can transform itself from a business to a platform, multiplying value creation by enabling business ecosystems within and outside the enterprise," shared Darshan Shivashankar, Founder and CEO of APIwiz."Supporting the execution of this strategic partnership is Hungry Workhorse, a Manila-based services company specializing in digital and cultural transformation and a partner of APIwiz. "This collaboration places RCBC as a Filipino company at the forefront of innovation and digital experiences, demonstrating its strong commitment to empowering Filipinos on their financial journey and making it more accessible and easier, no matter where they are," according to Kay Calpo-Lugtu, COO of Hungry Workhorse.About Rizal Commercial Banking CorporationPart of the Yuchengco Group of Companies, Rizal Commercial Banking Corporation (RCBC) is the fifth largest privately owned universal bank in the Philippines, with over Php1.3 trillion in total resources as of June 30, 2024. It is an affiliate of Sumitomo Mitsui Banking Corporation, Japan's second-largest bank.For over 60 years, RCBC has been building a reputation for providing the best customer experience, award-winning digital banking services, and pioneering innovations. Euromoney and Asia Money have recognized it as the Philippines' Best Bank for Digital for five straight years (202020-2024). The Bank offers various banking and financial products and services to cater to diverse customer segments. It provides consumer, commercial, and corporate lending products, deposits and cash management solutions, treasury products, remittance services, and digital banking services.RCBC and its subsidiaries also offer corporate banking, wealth, trust, retail financing (auto, mortgage/housing loans, credit cards, and microfinance loans), remittance, leasing, and securities.About APIwizHeadquartered in California, APIwiz provides a centralized management platform for API operations, enabling the APIOps framework to develop consumable, monetizable APIs and fostering collaboration among business and technical stakeholders. With low-code tools, automation, and embedded governance, APIwiz streamlines the entire API lifecycle-from planning and design to building, managing, testing, securing, and publishing. Its federated gateway capabilities enable seamless integration with any API gateway while offering real-time insights into API usage, performance, compliance, and workflow visualizations without external tools.About Hungry WorkhorseHungry Workhorse is a digital, culture, and customer experience transformation consulting firm that drives transformational growth through innovative, grounded methodologies in strategy, technology, and people.Contact InformationAnurag ShuklaMarketing Manageranurag@apiwiz.com+14084317383SOURCE: APIwiz Copyright 2024 ACN Newswire via SeaPRwire.com.
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Global Blockchain Show 2024: VAP Group to Host the Ultimate Blockchain Season Finale

Global Blockchain Show 2024: VAP Group to Host the Ultimate Blockchain Season Finale

DUBAI, Nov 13, 2024 - (ACN Newswire via SeaPRwire.com) - The Global Blockchain Show is excited to announce its second edition, set for December 12 and 13, 2024, at the Grand Hyatt Exhibition Centre in Dubai. Organized by Web3 and AI consulting giant VAP Group and powered by Times of Blockchain, this two-day event promises exclusive networking opportunities with the top 1% of the Web3 community, uniting founders, solution providers, experts, and enthusiasts from across the globe.“The upcoming show is designed to be a 16-hour mixer, offering attendees an incredible journey through the evolving world of blockchain technology, alongside the industry’s key players,” said Vishal Parmar, Founder and CEO of VAP Group.An impressive lineup of speakers include:1. H.E. Justin Sun - Founder / Member of the HTX Global Advisory Board, TRON / HTX Global Advisory Board2. Yat Siu - Co-Founder and Chairman, Animoca Brands3. Ahmed Bin Sulayem - Executive Chairman & CEO, Dubai Multi Commodities Centre4. John Lilic - CEO, Telos5. Dr. Marwan Alzarouni - CEO of AI & CEO, Dubai Economy and Tourism & Dubai Blockchain Center6. Rachel Conlan - Global Chief Marketing Officer, Binance7. Jason Allegrante - Chief Legal and Compliance Officer, Fireblocks8. Reeve Collins - Co-Founder and ex-CEO, Tether9. Abdulla Al Dhaheri - CEO, Abu Dhabi Blockchain Center10. Eowyn Chen - CEO, Trust Wallet11. Alicia Kao - Managing Director, KuCoin12. Pierre Samaties - Chief Business Officer, DFINITY13. Vivien Lin - Head of BingX Labs, BingX14. Johnson Yeh - Founder, AmbrusStudio / Former CEO of China, Japan, and Southeast Asia, Riot Games / Godfather of Esports in China15. David Chaum - CEO, XX Network16. Jonathan Bouzanquet - Chief Strategy Officer & Founder, Playa3ULL Games17. Jonas Werner - Founder, C118. David Palmer - Chief Product Officer, Co-founder, Vodafone19. Dr. Sameer Al Ansari - CEO, RAK DAO20. Marcello Mari - Founder & Chief Executive Officer, SingularityDAOThese and other leading figures will provide groundbreaking insights around key themes including digital currency, blockchain regulations, integration of blockchain and AI, trading in Web3, and more.The Global Blockchain Show is co-located with VAP Group’s Global Games Show and the Global AI Show, providing attendees an opportunity to witness an AI-driven future, discover the convergence of AI, Web3 and Blockchain, as well as be a part of an ultimate gaming experience.With over 3,000 Web3 founders, 100+ speakers, 200+ startups and companies, 200+ media representatives and 100+ investors in attendance, Global Blockchain Show’s Ultimate Blockchain Season Finale is set to be the grand finale of blockchain events this year. It will provide unparalleled networking opportunities and insights with some of the most influential voices, making it the ultimate destination for those eager to stay ahead of the curve in the blockchain landscape.Tickets for the show can be purchased from https://www.globalblockchainshow.com/tickets/.About VAP GroupVAP Group, established in 2013, is a Blockchain and AI consulting giant as well as a leading force in Web3 and AI solutions, offering services in PR, advertising, recruitment, content development events and media management. Flagship events organized by VAP Group include the world-renowned Global Blockchain Show, Global Games Show and Global AI Show. VAP Group drives innovation through strategic PR and influencer marketing, bounty campaigns, and global events that showcase the brightest minds in the transformative fields of Web3, AI and Gaming.For media enquiries, exclusive interviews, or press passes, please reach out to: media@globalblockchainshow.com. Copyright 2024 ACN Newswire via SeaPRwire.com.
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U.S. Polo Assn. Announces an Exclusive Capsule Collection with His Highness Maharaja Sawai Padmanabh Singh of Jaipur, India

U.S. Polo Assn. Announces an Exclusive Capsule Collection with His Highness Maharaja Sawai Padmanabh Singh of Jaipur, India

West Palm Beach, FL, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official brand of the United States Polo Association (USPA), has announced an exclusive collaboration with its Global Brand Ambassador, His Highness Maharaja Sawai Padmanabh Singh (Pacho) of Jaipur, India. The premium U.S. Polo Assn. x His Highness Sawai Padmanabh Singh Collection sold in India perfectly merges Jaipur's royal heritage with polo tradition and sports fashion to create an exceptional addition to the U.S. Polo Assn. brand's global offerings.U.S. Polo Assn.The one-of-a-kind Capsule Collection was launched recently at a private party and runway show at Sawai Padmanabh Singh's Palace featuring Bollywood VIPs, media, and influencers, making its debut for the Autumn-Winter 2024 season. Promoted as part of U.S. Polo Assn.'s clever "Born to Play" Campaign, the collection features rich fabrics, intricate crest detailing, and a design style that captures the spirit of both U.S. Polo Assn. and the vibrant city of Jaipur, staying true to the sensibilities of the Maharaja.Sawai Padmanabh Singh is a member of the Royal Family of Jaipur and is the current Maharaja of Jaipur. A professional polo player, Sawai Padmanabh Singh is the ideal Global Brand Ambassador and partner for U.S. Polo Assn., having played for and captained the Indian National Polo Team and has participated in tournaments across Argentina, Australia, Brazil, Canada, Chile, France, Germany, Spain, Thailand, the United Kingdom, the United States and more."For U.S. Polo Assn., this Campaign and Collection has been the perfect partnership because Pacho brings the spirit of sportsmanship and distinctive style that he displays both on and off the field to U.S. Polo Assn.," said J. Michael Prince, President and CEO of USPA Global, which manages the multi-billion-dollar, global U.S. Polo Assn. brand. "As a global polo player who encompasses what our sport-inspired brand is all about - being global, vibrant, authentic, and exciting - Pacho has brought all of these elements to the outstanding U.S. Polo Assn. x His Highness Sawai Padmanabh Singh Collection.""U.S. Polo Assn. is not only proud of this apparel partnership but also to be sponsoring Pacho's Jaipur Polo Team in 2024," Prince added.His Highness Sawai Padmanabh Singh's personal style is evident across the complete collection, from the deep and luxurious colors and textures to the collection's overall sporting style and contemporary elegance. Featured in the stunning "Born to Play" Campaign which can be seen all across India and around the world on social media, billboards, in malls, airports, and other points of interest, are beautiful polo horses and Sawai Padmanabh Singh's very special Marwari horses, which are indigenous to Jaipur."U.S. Polo Assn. means so much to polo and polo players in India and around the world through its global support and promotion of the sport," said His Highness Sawai Padmanabh Singh. "As a U.S. Polo Assn. Global Brand Ambassador and through our partnership on this Collection, my goals are to bring the story of polo in India to the forefront, share my passion for the game, and present an extraordinary Collection that reflects my personal style that consumers in India will love."The U.S. Polo Assn. x His Highness Sawai Padmanabh Singh Collection will be available in select stores across India, online at uspoloassn.in, and exclusively on Myntra, offering consumers an opportunity to own a piece of history reimagined for the contemporary era."This meaningful collaboration with His Highness Sawai Padmanabh Singh marks an important milestone for U.S. Polo Assn. in India," said Amitabh Suri, Chief Executive Officer of Arvind Brands Ltd., U.S. Polo Assn.'s Strategic Partner. "By blending Jaipur's royal heritage with our brand's signature sport-inspired fashion, we've created a Collection that reflects both a rich cultural legacy and modern sophistication, offering consumers a unique opportunity to indulge in our iconic brand in a new and exclusive way."As one of India's leading casualwear power brands, the multi-billion-dollar, global, sport-inspired U.S. Polo Assn. brand launched an exclusive brand-specific website, USPoloAssn.in, earlier this year. U.S. Polo Assn.'s retail store footprint in India is at more than 400 brand stores, and over 2,000 shop-in-shops, across more than 200 cities in India. The brand plans to open nearly 100 more stores in India in the coming few years. Globally, the U.S. Polo Assn. brand is sold in 190 countries and has global retail sales of more than $2.4 billion.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official brand of the United States Polo Association (USPA), the governing body for the sport of polo in the United States and one of the country's oldest sports governing bodies, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,100 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. Historic deals with ESPN and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, NBA, and MLB, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global and digital growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world.For more information, visit uspoloassnglobal.com and uspashop.com, and follow @uspoloassn.About ArvindArvind Fashions Ltd., based in Bengaluru is India's No. 1 casual and denim player in the country's retail industry, a lifestyle powerhouse with a strong portfolio of fashion brands catering to consumers across various sub-categories and price points. With a host of renowned brands, both international and indigenous, like U.S. Polo Assn., ARROW, Tommy Hilfiger, Calvin Klein, and Flying Machine. Arvind has a presence across lifestyle brands and value fashion.Visit Arvind, USPoloAssn.in, and follow @uspoloassnindia.Contact InformationStacey KovalskyVP Global PR and Communicationsskovalsky@uspagl.com001-954-673-1331Sneha MahantDirector, Marketing U.S. Polo Assn. India at Arvind Fashions Limitedsneha.mahant@arvindfashions.com+91 9343897011SOURCE: U.S. Polo Assn. Copyright 2024 ACN Newswire via SeaPRwire.com.
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AuGroup Landed on the Hong Kong Stock Exchange ‘The First Share of Furniture Going Overseas’

AuGroup Landed on the Hong Kong Stock Exchange ‘The First Share of Furniture Going Overseas’

HONG KONG, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - Influenced by the easing cycle of overseas central banks and the continuous release of positive policy signals from the Mainland, investor sentiment in the Hong Kong stock market had markedly improved. The IPO market has also recovered significantly. Recently, large-scale IPOs and "A + H" shares in Hong Kong have emerged one after another and won the favor of investors. On November 8, Hong Kong stocks welcomed another high-quality new stock, AuGroup (2519.HK), which officially landed on the Hong Kong Stock Exchange, becoming the "first share of furniture going overseas" in Hong Kong stocks.According to public information, AuGroup is the world's leading cross-border e-commerce segment leader, specializing in quality furniture and home furnishings. In terms of GMV in 2023, the Company ranked first in the B2C overseas e-commerce market for furniture and home furnishings by China-based sellers; and ranked fifth in the global B2C e-commerce market for furniture and home furnishings. In this IPO, the Hong Kong public offering of AuGroup was oversubscribed by 17.7 times, with a final offering price of HK$ 15.600. Deeply Rooted in Furniture and Home Furnishing Cross-border E-commerce Track, with Multi-category and Multi-brand Development Promoting Sustained GrowthAuGroup's strategy is to focus on the furniture and home furnishings market, one of the fastest growing B2C e-commerce market segments with low return rate. Relying on its strong supply chain capability and comprehensive logistics layout, AuGroup is able to rapidly develop diversified, high-quality products with competitive prices to continuously meet the ever-changing market demand. As a result, it has rapidly established a strong market influence in the furniture and home furnishings market.At present, AuGroup has owned many exclusive brands such as ALLEWIE, IRONCK, LIKIMIO, SHA CERLIN, HOSTACK and FOTOSOK, which are popular in the global market. In 2023, 11 of the Company’s brands each had over RMB100 million in GMV. According to Frost & Sullivan, the Company ranked first in six categories in terms of GMV on the Amazon U.S. site in 2023. The Company had a market share of over 10% in ten categories on the Amazon U.S. site in terms of GMV in 2023.It is worth mentioning that, benefiting from diverse offerings, brand equity and strategic market positioning, AuGroup has been able to maintain long-term competitiveness in the unpredictable market, and its risk-resistant capability has been continuously strengthened. In the case of the Amazon Incident, for example, after the loss of results in 2021, AuGroup recovered rapidly from the market impact, with revenue increasing by 22.3% and net profit increasing by 133.1% year-on-year in 2023. In the first four months of 2024, the Company continued its strong rebound trend, with revenue increasing by 16.9% and net profit increasing by 96.2% year-on-year. Building Global Warehousing and Logistics Capabilities and Opening up the Second Growth CurveIn the field of cross-border e-commerce, logistics is one of the core competitiveness, which is related to cost, efficiency and commodity safety. With years of accumulated industry expertise, AuGroup has established a global multi-tiered warehousing and logistics network that is tailored to medium-to-large goods through Shenzhen Westernpost, and developed proprietary logistics solution management systems to manage and optimize all key stages of the logistics chain, effectively tackling the pain points of high costs and long delivery times associated with logistics solutions for medium-to-large goods.Through self-built logistics, combined with third-party logistics solutions and e-commerce platform logistics services, AuGroup is able to effectively reduce the cost of logistics by using flexible delivery options according to diverse shipping needs. In 2021, the ratio of cost of sales to revenue of the Company was 79.1%, and in 2023, the ratio dropped to 65.5%.In addition to providing logistics services to its own e-commerce business, AuGroup also provides logistics solutions globally under the pre-sale stocking model to customers, including domestic consolidation in China, first-mile international freight services, overseas transit, overseas warehousing and order dispatch, to further broaden revenue sources and enhance profitability. From 2021 to 2023, the Company's revenue from logistics solutions increased from RMB490 million to RMB1,653 million, representing a CAGR of 83.7%, and its revenue share increased from 5.4% to 19.0%. In the first four months of 2024, the revenue from logistics solutions reached RMB583 million, representing a year-on-year increase of 66.8%, and the revenue share further increased to 20.6%, which has formed the second growth curve of the Company.Thanks to the gradual optimization of cost structure and diversified revenue sources, the profitability of AuGroup continues to rise. From 2021 to 2023, the Company's gross profit margin increased from 20.9% to 34.5%, representing an increase of 13.6 percentage points.In terms of industry development, the rapid development of digital economy, the change of consumers’ consumption habits and the rise in the demand for cost-effective furniture and home furnishings will drive the global furniture and home furnishings market to continue to grow rapidly in sales through online channels. As a leading enterprise in the industry, with its own supply chain advantages and global warehousing and logistics capabilities, AuGroup is expected to seize the development opportunities of the industry and promote the continuous growth of its furniture and home furnishing business and logistics solutions. Its performance after listing is worth looking forward to. Copyright 2024 ACN Newswire via SeaPRwire.com.
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VOY Finance Partners with GDA Capital to Accelerate Growth and Innovation in DeFi Trade Finance

VOY Finance Partners with GDA Capital to Accelerate Growth and Innovation in DeFi Trade Finance

Estonia, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - Voy Finance has partnered with GDA Capital, following their win at the Next Top Blockchain Startup competition, hosted by GDA Capital, and unlocked an investment of up to $500K. This strategic partnership is set to propel Voy Finance towards revolutionizing the traditional RWA and global trade finance industry.RWA stands for "Real-World Assets" and refers to traditional, tangible assets such as commodities, real estate, and invoices. These assets are typically used in trade finance as collateral for loans. However, RWA-based financing can be a lengthy and cumbersome process, making it difficult for small businesses to access the necessary funds. With the use of blockchain technology, Voy Finance streamlines this process, providing faster and more efficient financing options for businesses of all sizes.Voy Finance, a decentralized finance platform built on the Ethereum blockchain, offers users access to secure and efficient trade finance infrastructure. Traditionally, the trade finance market has been dominated by financial institutions, making it difficult for small and medium-sized enterprises to access the necessary funding for international trade. Voy Finance aims to disrupt this industry by providing a decentralized and transparent alternative.Key Partnership Highlights:- According to the founder of Voy Finance, Lee Tarone, this strategic partnership with GDA Capital will not only bring in necessary financial resources but also their expertise in capital markets. With GDA's support, Voy Finance is set to expand their total value locked (TVL) and bring in a team of experienced advisors, who have completed billions in transaction value, who will guide the platform towards success.- Lee elaborates, "I can't wait to drive VOY to unicorn and completely upend the RWA and global trade finance scene". This partnership between Voy Finance and GDA Capital is a significant step towards making trade finance more accessible and efficient for all businesses, big or small. With the use of blockchain technology, Voy Finance ensures secure and transparent transactions, reducing the risk for both lenders and borrowers”.Quote from Key ExecutivesThis partnership is a testament to the potential of decentralized finance in revolutionizing traditional industries. As blockchain technology continues to evolve and gain widespread adoption, we can expect to experience rapid expansion of decentralized solutions solving real world business challenges. By proving themselves to be a viable and efficient alternative, decentralized finance platforms like Voy Finance are paving the way for a more inclusive and accessible global economy.“VOY Finance’s unique approach to decentralizing trade finance through blockchain technology aligns perfectly with our mission to support disruptive projects that address real-world challenges that accelerate mainstream adoption of digital assets and blockchain technology," said Michael Gord, CEO of GDA Capital. "This partnership allows us to bring both capital and extensive expertise to a platform that is redefining access to trade finance for businesses of all sizes. We’re excited to support VOY’s journey toward transforming the RWA and global trade finance markets and look forward to helping them reach new milestones in this rapidly evolving space.”About VOY FinanceVoy Finance is a decentralized finance platform that bridges on-chain liquidity with Tradetech through innovative real-world asset (RWA) securitization and tokenized crowdfunding. By transforming illiquid assets such as NFTs, invoices, receivables, bonds, and shares into easily tradable digital tokens, Voy Finance unlocks new liquidity streams and investment opportunities.About GDA CapitalGDA Capital is a leading global digital asset and blockchain technology investment firm. With a diverse portfolio of investments across various sectors, GDA Capital is committed to driving innovation and providing strategic advisory services to businesses worldwide.For more information, please contact: Lee TaroneFounder, Voy FinanceEmail: lee@voy.financeWebsite: http://voy.finance Michael GordFounder, GDA CapitalEmail: michael@gda.capitalWebsite: www.gda.capital Copyright 2024 ACN Newswire via SeaPRwire.com.
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SIG expands its SIG Neo filling machine portfolio with the global launch of SIG Neo Slimline 15 Aseptic during Gulfood Manufacturing

SIG expands its SIG Neo filling machine portfolio with the global launch of SIG Neo Slimline 15 Aseptic during Gulfood Manufacturing

SINGAPORE, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - SIG, a leading packaging solutions provider, announced the expansion of its SIG Neo filling machine portfolio, featuring the world's fastest and most flexible aseptic carton filling machine for multi-serve formats. With the debut presentation of SIG Neo Slimline 15 Aseptic at Gulfood Manufacturing in Dubai, held from November 5-7, SIG launched another cutting-edge filling machine for multi-serve aseptic carton packs, capable of filling up to 15,000 SIG SlimlineBloc packs per hour – a 25% increase in output compared to SIG’s standard filling machines for family-sized formats.Photo: SIGAs food and beverage manufacturers face an increasing need for high output and flexibility, TCO-improved, and sustainable options, the SIG Neo technology platform offers groundbreaking solutions. The new SIG Neo Slimline 15 Aseptic machine not only accelerates production speed, but also maintains a compact footprint, making it an ideal solution for producers looking to increase capacity without costly facility expansions. In an industry where floor space is at a premium, flexibility and quality are essential and the total cost of ownership is a priority, SIG’s ability to significantly boost output per square meter is a game-changer.The SIG Neo technology represents a major leap forward in filling machine innovation. Designed to meet the evolving needs of the F&B sector, it enables manufacturers to seamlessly switch between 1L, 750mL and 500mL packaging volumes, products from multiple categories and packaging materials.“With the SIG Neo platform, we’re addressing key industry challenges,” said Christoph Wegener, Chief Markets Officer at SIG. “Our customers are seeking higher production capacity, improved efficiency, and the ability to adapt to changing consumer trends. The SIG Neo Slimline 15 Aseptic delivers uniquely on all these fronts. It offers the industry-leading waste rate of less than 0.5%, smart digitalization in operations, and up to 15% reduced Total Filling Costs compared to SIG’s standard filling machines for multi-serve aseptic cartons. With this top-tier performance, we enable our customers to scale up their filling line capacity to up to 70 million packs per year. Of course, our SIG Neo filling machine portfolio is designed to run our SIG Terra suite of even lower carbon aseptic carton packaging materials.”Additional features of the SIG Neo Slimline 15 Aseptic filling machine include the state-of-the-art SIG Neo HMI (Human-Machine Interface) for intuitive operation and to generate smart insights on the filling machine’s performance. Added to this is SIG Neo Shield for enhanced sterile airflow and shielding during bottom sealing and pre-folding making it possible to remove up to 95% particles from the air, leading to top quality and extended production cycles. Furthermore, semi-automatic cleaning capabilities will be included on the SIG Neo platform providing superior cleaning results and shorter downtime.Gavin Steiner, Chief Technology Officer at SIG: “As the food and beverage industry continues to evolve, SIG is setting a standard for fast, flexible, and sustainable filling technology. The SIG Neo Slimline 15 Aseptic is a testament to SIG’s commitment to innovation, helping manufacturers achieve growth, efficiency, and quality like never before. This is particularly interesting for manufacturers who want to grow fast – even with limited space. I am proud of the SIG team, who have succeeded in developing a ground-breaking technology that meets the industry's need for rapid growth and flexible production.”Going forward, SIG plans to bring these cutting-edge SIG Neo technology advancements to further aseptic carton filling machines for even more packaging formats in both its multi-serve and single-serve portfolio.About SIGSIG is a leading solutions provider of packaging for better – better for our customers, for consumers, and for the world. With our unique portfolio of aseptic carton, bag-in-box, and spouted pouch, we work in partnership with our customers to bring food and beverage products to consumers around the world in a safe, sustainable, and affordable way. Our technology and outstanding innovation capabilities enable us to provide our customers with versatile packaging systems and solutions for innovative products and smart operations, all to address the ever-changing needs of consumers. Sustainability is integral to our business and guides us on our journey to create packaging for better – packaging that gives more to people and the planet than it takes out.Founded in 1853, SIG is headquartered in Neuhausen, Switzerland, and is listed on the SIX Swiss Exchange. The skills and experience of our approximately 9,000 employees worldwide enable us to respond quickly and effectively to the needs of our customers in over 100 countries. In 2023, SIG produced 53 billion packs and generated €3.2 billion in revenue. SIG also has an AA ESG rating by MSCI, a 13.9 (low risk) score by Sustainalytics, Platinum CSR rating by EcoVadis, and is included in the FTSE4Good Index. For more information, visit our website.For insights into trends that drive the food and beverage industry, visit the SIG blog.Picture caption:SIG announced the expansion of its SIG Neo filling machine portfolio, featuring the world's fastest and most flexible aseptic carton filling machine for multi-serve formats. With the debut presentation of SIG Neo Slimline 15 Aseptic at Gulfood Manufacturing in Dubai, held from November 5-7, SIG launched another cutting-edge filling machine for multi-serve aseptic carton packs, capable of filling up to 15,000 SIG SlimlineBloc packs per hour – a 25% increase in output compared to SIG’s standard filling machines for family-sized formats.Photo: SIGYour contact for media inquiries:PRecious Communications for SIGEmail: sig@preciouscomms.com Copyright 2024 ACN Newswire via SeaPRwire.com.
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The 14th PropertyGuru Asia Property Awards (Singapore) Celebrate Top Real Estate Achievements

The 14th PropertyGuru Asia Property Awards (Singapore) Celebrate Top Real Estate Achievements

SINGAPORE, Nov 12, 2024 - (ACN Newswire via SeaPRwire.com) - The winners of the 2024 PropertyGuru Asia Property Awards (Singapore) were announced today during an exclusive ceremony at The Ritz-Carlton, Millenia Singapore.The Winners and Highly Commended recipients of the 14th PropertyGuru Asia Property Awards (Singapore) 2024The 14th Annual PropertyGuru Asia Property Awards (Singapore), supported by Mitsubishi Electric Asia and PropertyGuru.com.sg, recognised real estate excellence across 28 categories.UOL Group Limited won the Best Developer award for the third time in the history of the Awards. The company was also distinguished as Best Hospitality Developer, Best Residential Developer, and Best Sustainable Developer.UOL Group Limited receives Best DeveloperMeyer Blue, a joint venture between UOL Group Limited and Singapore Land Group Limited, became one of the year’s most celebrated projects, winning Best Luxury Condo Development, Best Waterfront Condo Development, Best Luxury Condo Architectural Design, and Best Luxury Condo Landscape Design. UOL Group Limited and Pan Pacific Hotels Group also jointly won Best Hotel Interior Design for Pan Pacific Orchard.FRX Capital Private Limited, awarded Best Boutique Developer and Best Landed Developer, won the prestigious Best Housing Development (Singapore) title for Mount Rosie Signature Collection, which was also named Best Landed Housing Development. The developer additionally won Best Boutique Condo Architectural Design for The Hillshore.Kingsford Development Pte. Ltd. was recognised as Best Transnational Developer, with Kingsford Real Estate Development Pte Ltd scoring the Best Boutique Condo Development award for The Hill @ One North. The Best Mega Scale Condo Development award was presented to Chuan Park by Chuan Park Development Pte Ltd, a subsidiary of Kingsford Development Pte. Ltd.TID Pte. Ltd. was named Best Lifestyle Developer while its project Lentoria won Best Private Condo Architectural Design. The Assembly Place won Best Co Living Operator, in addition to the Best Co Living Space award for Hafary House managed by The Assembly Place.Lentor Mansion by GuocoLand and Hong Leong Holdings Limited wins Best Nature Integrated DevelopmentLentor Mansion by GuocoLand and Hong Leong Holdings Limited won the prestigious Best Condo Development (Singapore) title, plus the Best Private Condo Development, Best Nature Integrated Development, and Best Private Condo Landscape Design awards.Another highlight was Regalità by Da Vinci Land, winner of the Best Bespoke Landed Interior Design award.Lim Yew Soon, Managing Director, EL Development Pte Ltd was recognised as the Real Estate Personality of the YearJerome Ng, Director for Business Development at Chiu Teng Group, receives the Rising Star award from PropertyGuru.com.sg, the Official PortalTwo of the most accomplished achievers in the Singapore real estate industry were honoured during the gala. Lim Yew Soon, managing director of EL Development Pte Ltd, received the Singapore Real Estate Personality of the Year award from the editorial team of Property Report by PropertyGuru, the official magazine. Jerome Ng, director for business development at Chiu Teng Group, received the Rising Star award from PropertyGuru.com.sg, the official portal.Jeremy Williams, managing director for Marketplaces at PropertyGuru Group, said: “We’d like to congratulate the outstanding recipients of the PropertyGuru Asia Property Awards (Singapore). The achievements of this year's award-winning developers transcend the needs of individual property seekers; they embrace and harness the power of communities. From condominiums to landed housing, and from co-living spaces to lifestyle and hospitality amenities, their winning projects mirror the desires of Singapore property seekers for high-calibre homes as well as places that provide complete living experiences. Through the combined leadership of transnational and local developers, the property sector builds the spaces necessary for Singapore’s transformation into tomorrow's city—where people enjoy a high quality of life and thrive in harmony with the environment.”Kristin Thorsteins, chairperson of the Awards in Singapore, said: “Congratulations to the distinguished winners of the 2024 PropertyGuru Asia Property Awards (Singapore)! These golden statuettes underscore the industry-wide trust and confidence they have built among consumers, by positioning their brands and developments to stand out in a market increasingly focused on sustainable and new ways of living. These awards attest to exemplary achievements that transcend borders, serving as both validation and a catalyst for continual advancement in Singapore’s real estate sector for years to come.”The independent panel of judges consists of Kristin Thorsteins, co-founder and managing partner, Portman Investment Pte Ltd; Ar. Ivy Koh, dy. COO, SJ Architecture, Surbana Jurong Consultants Pte Ltd; Chua Shang Chai, partner, Dentons Rodyk & Davidson LLP; Dr Keow Yeong Ming, associate professor, National University of Singapore; Greg Shand, architect, Robert Greg Shand Architects; Henry Woon, director, Atelier Ten; Roy Ling, CEO, board director, and adjunct professor, FollowTrade; and Zhenru Goy, principal architect, Goy Architects.The team of HLB Singapore Foo Kon Tan, led by Raymond Kong and Timothy Teh, supervised the selection process, upholding its credibility, fairness, and transparency. The official supervisor is part of the “2024 Network of the Year” winner HLB International, the global network of independent professional accounting firms and business advisers.Organised by PropertyGuru Group (NYSE:PGRU), the 14th PropertyGuru Asia Property Awards (Singapore) are made possible by gold sponsor Mitsubishi Electric Asia; official portal partner PropertyGuru.com.sg; official magazine Property Report by PropertyGuru; media partners D+A, Gazet International, SquareRooms, and Top 10 Singapore; supporting association Singapore Estate Agents Association; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: asiapropertyawards.com.COMPLETE LIST OF WINNERS14th PropertyGuru Asia Property Awards (Singapore)DEVELOPER AWARDSBest DeveloperWINNER: UOL Group LimitedBest Boutique DeveloperWINNER: FRX Capital Private LimitedBest Hospitality DeveloperWINNER: UOL Group LimitedBest Lifestyle DeveloperWINNER: TID Pte. Ltd.Best Residential DeveloperWINNER: UOL Group LimitedBest Landed DeveloperWINNER: FRX Capital Private LimitedBest Sustainable DeveloperWINNER: UOL Group LimitedBest Transnational DeveloperWINNER: Kingsford Development Pte. Ltd.Best Co Living OperatorWINNER: The Assembly PlaceDEVELOPMENT AWARDSBest Mega Scale Condo DevelopmentWINNER: Chuan Park by Chuan Park Development Pte LtdBest Luxury Condo DevelopmentWINNER: Meyer Blue by UOL Group Limited and Singapore Land Group LimitedHIGHLY COMMENDED: Arina East Residences by ZACD LV Development Pte LtdBest Private Condo DevelopmentWINNER: Lentor Mansion by GuocoLand and Hong Leong Holdings LimitedHIGHLY COMMENDED: Lentoria by TID Pte. Ltd.Best Boutique Condo DevelopmentWINNER: The Hill @ One North by Kingsford Real Estate Development Pte LtdHIGHLY COMMENDED: Ardor Residence by NS Property (Haig) Pte LtdHIGHLY COMMENDED: The Hillshore by FRX Capital Private LimitedBest Nature Integrated DevelopmentWINNER: Lentor Mansion by GuocoLand and Hong Leong Holdings LimitedBest Waterfront Condo DevelopmentWINNER: Meyer Blue by UOL Group Limited and Singapore Land Group LimitedBest Landed Housing DevelopmentWINNER: Mount Rosie Signature Collection by FRX Capital Private LimitedDESIGN AWARDSBest Luxury Condo Architectural DesignWINNER: Meyer Blue by UOL Group Limited and Singapore Land Group LimitedHIGHLY COMMENDED: Arina East Residences by ZACD LV Development Pte LtdBest Private Condo Architectural DesignWINNER: Lentoria by TID Pte. Ltd.Best Boutique Condo Architectural DesignWINNER: The Hillshore by FRX Capital Private LimitedHIGHLY COMMENDED: Ardor Residence by NS Property (Haig) Pte LtdBest Hotel Interior DesignWINNER: Pan Pacific Orchard by UOL Group Limited and Pan Pacific Hotels GroupBest Bespoke Landed Interior DesignWINNER: Regalità by Da Vinci LandBest Luxury Condo Landscape DesignWINNER: Meyer Blue by UOL Group Limited and Singapore Land Group LimitedHIGHLY COMMENDED: Arina East Residences by ZACD LV Development Pte LtdBest Private Condo Landscape DesignWINNER: Lentor Mansion by GuocoLand and Hong Leong Holdings LimitedBest Co Living SpaceWINNER: Hafary House managed by The Assembly PlaceBEST OF SINGAPORE AWARDSBest Condo Development (Singapore)WINNER: Lentor Mansion by GuocoLand and Hong Leong Holdings LimitedBest Housing Development (Singapore)WINNER: Mount Rosie Signature Collection by FRX Capital Private LimitedPORTAL’S CHOICE Rising Star WINNER: Jerome Ng, Director for Business Development, Chiu Teng GroupPUBLISHER’S CHOICESingapore Real Estate Personality of the Year WINNER: Lim Yew Soon, Managing Director, EL Development Pte LtdABOUT PROPERTYGURU ASIA PROPERTY AWARDS:PropertyGuru’s Asia Property Awards, established in 2005, are the region’s most exclusive and prestigious real estate awards programme. The Asia Property Awards are recognised as the ultimate hallmark of excellence in the Asian property sector. Boasting an independent panel of industry experts and trusted supervisors, the Awards have an unparalleled reputation for being credible, ethical, fair, and transparent. In 2024, the Awards series is open to key property markets around the region. The exciting gala events welcome senior industry leaders and top media, as well as reach property agents and consumers via live streaming. Recognising excellence within each Asian market with a variety of categories, including green and sustainable development, each local awards programme will culminate in the PropertyGuru Asia Property Awards Grand Final, which takes place after the PropertyGuru Asia Real Estate Summit during ‘PropertyGuru Week’ in December 2024. For more information, please visit AsiaPropertyAwards.comABOUT PROPERTYGURU GROUP:PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 28 million property seekers2 to connect with almost 46,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 16 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its core markets; mortgage marketplace, PropertyGuru Finance; home services platform, Sendhelper; a host of proprietary enterprise solutions under PropertyGuru For Business including DataSense, ValueNet, Awards, events and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn(1) Based on SimilarWeb data between October 2023 and March 2024. (2) Based on Google Analytics data between October 2023 and March 2024. (3) Based on data between January 2024 and March 2024. (4) Based on data between October 2023 and March 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Media & Partnerships:Piyachanok Raungpaka, Senior Media & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.comSales & Nominations:Alicia Loh, Awards Manager (Singapore)M: +65 8382 0078E: alicia@propertyguru.com.sg Copyright 2024 ACN Newswire via SeaPRwire.com.
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